Friday, August 8, 2008

Thomas D. Wood completes Two Financing Deals in Kissimmee, FL and Another in Fort Lauderdale

ORLANDO, FL—Aug. 8, 2008— Jeff Schnupp,(top right photo) Vice President for Thomas D. Wood and Company, secured financing in the amount of $2,665,500 for Super Saver Pharmacy #4 and CDM Commerce Center (middle left photo) .

Both properties were financed through Thomas D. Wood and Company’s relationship with a regional banking institution.

Schnupp secured construction financing for Super Saver Pharmacy #4 in the amount of $744,000 and a rate of Prime + 1/2%. The 24-month loan has a loan-to-cost of 74%.

The 2,730 square-foot multi-tenant office/retail property will be built on 0.4 acres on Vine Street in Kissimmee, Florida.


Schnupp arranged financing in the amount of $1,921,500 for the CDM Commerce Center at a rate of 6%.


The loan term is five years, based on a 25-year amortization, with a loan-to-value of 66%.

The 14,000 square-foot multi-tenant retail center was built in 2006, and is located at 1901 S. John Young Parkway, Kissimmee, Florida.

For further information, please contact:

Jeff Schnupp (407) 937-0470 jschnupp@tdwood.com

Jessica Gurtowski (407) 937-0470 jgurtowski@tdwood.com

Bayview Offices in Fort Lauderdale Gets $8M Loan

MIAMI, FL— Tom Wood, Jr.,(top right photo) and Ben Jimenez (top left photo) of Thomas D. Wood and Company secured financing in the amount of $8,000,000 for Bayview Offices in Ft. Lauderdale, Florida.

The loan was financed through Thomas D. Wood and Company’s relationship with a regional banking institution at a rate of 6.25%, fixed for five years.

The loan term is 10 years with a 25-year amortization, and a loan-to-value of 67%.
The 84,000 square-foot office building was built in 1968, and is home to major tenants Corinthian Colleges, Bank of America and 7-11 Stores. Bayview Offices is located at 1040 Bayview Drive, Ft. Lauderdale, Florida

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