TD Wood Brokers $2.95M Loan in Reno, NV

MIAMI, FL— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on March 1, 2010, in the amount of $2,950,000 for McCarran Buildings D1, D2 and F, located at 6490 S. McCarran Boulevard, Reno, Nevada.


Steve Wood, (top right photo) Company Chief Operating Officer, along with Tony Castrignano of Sky Mesa Capital, financed McCarran Buildings D1 and D2 through Thomas D. Wood and Company’s correspondent relationship with Symetra Financial in the amount of $2,375,000.

The interest rate is fixed at 7.25% for a ten-year term, based on a 25-year amortization and a loan-to-value of 65%. The 27,734 square-foot office was built in 1990.

Together they also financed McCarran Building F through Symetra Financial in the amount of $875,000. The interest rate is fixed at 7.25% for a ten-year term, based on a 25-year amortization and a loan-to-value of 45%. The 11,426 office was built in 1991.

For further information, please contact:
Steve Wood (305) 447-7820 swood@tdwood.com
Jessica Kinnee (407) 937-0470 jkinnee@tdwood.com