Miami, Florida—September 14, 2009— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on September 10, 2009, in the amount of $1,550,000 for the 1320-1350 Freeport Office/Warehouse Building in Reno, Nevada.
Steve Wood, (top right photo) Company Chief Operating Officer, along with Tony Castrignano of Sky Mesa Capital, financed 1320-1350 Freeport through Thomas D. Wood and Company’s correspondent relationship with Symetra Financial.
The loan term is nine years, and the interest rate can be reset every three years, based on a 25-year amortization and a loan-to-value of 56%. The interest rate is 6.445%. The 47,893 square-foot office/warehouse building was built in 1990 and is located at 1320-1350 Freeport Boulevard, Reno, Nevada.
For further information, please contact:
Steve Wood, (305) 447-782, swood@tdwood.com
Jessica Gurtowski, (407) 937-0470, jgurtowski@tdwood.com
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