MIAMI, FL—Dec. 22, 2008— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing in the amount of $9,625,500 for West Park Center in Miami, Florida. Steve Wood, (top right photo) Company Chief Operating Officer, along with Adam Luysterborghs of Avant Capital Partners, financed the loan through Thomas D. Wood and Co
mpany’s relationship with a local banking institution at a permanent fixed-rate of 6.375%.
mpany’s relationship with a local banking institution at a permanent fixed-rate of 6.375%. The loan has a 10-year term with a five-year rate review, with two years interest-only, based on a 25-year amortization and a loan-to-value of 65%.
The 81,828 square-foot office/warehouse is home to major tenants Miami Latin TV, Miami Dade Expressway Authority, and Geico, and is located at 2782-2898 NW 79th Avenue, Miami, Florida.
Jessica Gurtowski, (407) 937-0470, jgurtowski@tdwood.com
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