Sunday, January 25, 2009

LAKEWOOD RANCH, FL— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing in the amount of $1,650,000 for the CVS Pharmacy in Weatherford, Texas.

Brad Cox, (top right photo) CCIM, CPM, Company Vice President, financed the loan through Thomas D. Wood and Company’s correspondent relationship with StanCorp Mortgage Investors at a permanent fixed-rate of 7.25%.

The fully-amortizing loan has a term of 20 years and a loan-to-value of 52%. The 13,208 square-foot single-tenant retail store was built in 1998, and is located at 407 S. Main Street, Weatherford, Texas.

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

No comments:

Post a Comment