Orlando, Florida—September 22, 2009— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on September 16, 2009, in the amount of $1,600,000 for the Verizon Wireless Building in Pensacola, Florida
Doug Rozzell, (top left photo) Company Principal, financed the Verizon Wireless Building through Thomas D. Wood and Company’s correspondent relationship with American Fidelity Assurance.
The loan term is 10 years, based on an 18-year amortization and a loan-to-value of 70%. The interest rate is 6.95%. The 3,706 square-foot single-tenant retail building was newly renovated in August 2009, and is located at 5600 N. 9th Avenue, Pensacola, Florida.
For further information, please contact:
Doug Rozzell (407) 937-0470 drozzell@tdwood.com
Jessica Gurtowski (407) 937-0470 jgurtowski@tdwood.com
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