Thomas D. Wood Brokers Nearly $5M in Two New Loans

MIAMI, FL— Thomas D. Wood, Jr., (bottom left photo) President of Thomas D. Wood and Company, secured financing in the amount of $1,650,000 for the ALPHA Office Building (top right photo) in College Park, Georgia.

The loan was financed through Skymar Capital, one of Thomas D. Wood and Company’s correspondent lenders, at a permanent fixed-rate of 6.25%.

The loan term is seven years, based on a 25-year amortization, and a loan-to-value of 47%.

The 27,416 square-foot office building was built in 1990, and is home to major tenants AFL-CIO, Logis Tech, and PSA Healthcare. ALPHA Office Building is located at 2314 Sullivan Road, College Park, Georgia.

For further information, please contact:
Thomas D. Wood, Jr., (305) 447-7820, tomjr@tdwood.com

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

Gainesville, FL Mini-Storage Receives $2.8M Loan

LAKEWOOD RANCH, FL—September 10, 2008— Brad Cox, (bottom right photo) Vice President for Thomas D. Wood and Company, secured financing in the amount of $2,800,000 for Gainesville Mini-Storage (bottom left photo) in Gainesville, Florida.

The loan was financed through StanCorp Mortgage Investors, one of Thomas D. Wood and Company’s correspondent lenders, at a permanent fixed-rate of 6.7%.

The loan term is five years with three five-year options, based on a 25-year amortization, and a loan-to-value of 70%. The 54,708 square-foot self-storage facility was built in 1989 and is located at 4430 SW 34th Street, Gainesville, Florida.

For further information, please contact:
Brad Cox (941) 907-8112 bcox@tdwood.com
Jessica Gurtowski (407) 937-0470 jgurtowski@tdwood.com