Wednesday, January 13, 2010

Thomas D. Wood & Co. Finds Financing for Fort Worth, TX Property


MIAMI, FL-- Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing in the amount of $2,400,000 for Great Southwest Industrial in Fort Worth, Texas.

Thomas D. Wood, Jr., (top right photo)  Company President, refinanced Great Southwest Industrial through Thomas D. Wood and Company’s correspondent relationship with Summit Investment Partners. The fixed-rate loan has a term of 10 years, based on a 20-year amortization and a loan-to-value of 60%.

The interest rate is 6.5%. The multi-building industrial development was built between the years 1968 and 1980, for a total of 190,029 square feet. Great Southwest Industrial is located at 812 E. Northside Drive, 5001-03 N. Freeway, and 5116 NE Parkway, Fort Worth, Texas.


For further information, please contact:

Tom Wood, Jr,  (305) 447-7830,  tomjr@tdwood.com
Jessica Kinnee, (407) 937-0470, jkinnee@tdwood.com

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