ORLANDO, FL— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured construction financing on July 7, 2009, in the amount of $1,400,000 for English Village Townhomes in Arlington, Texas. Joe Dear, (top right photo) Company Vice President, financed the English Village Townhomes through Thomas D. Wood and Company’s relationship with a national lender.
The permanent loan has an interest rate of 6.19% and a term of 10 years, based on a 30-year amortization. The loan-to-value is 65%. The 66-unit apartment complex was built in 1970, and is located at 300 W. Pioneer Parkway, Arlington, Texas.
For further information, please contact:
Joe Dear, (407) 937-0470, jdear@tdwood.com
Jessica Gurtowski, (407) 937-0470, jgurtowski@tdwood.com
The website may be accessed through http://www.tdwood.com/
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