Coral Gables, FL -- Thomas D. Wood and Company secured
$92,294,000 in commercial debt placement during the third quarter of 2013,
contributing to year-to-date company-wide closings of $245,000,000.
Interest rates
dropped as low as 4.45%, contributing to the increase in successful closings in
Q3, and 2013 as a whole. The six
offices of Thomas D. Wood and Company secured financing on commercial properties
throughout Florida and the United States.
The most notable
transactions during Q3 included the following:
$9,288,000 construction loan for the development of an anchored retail
plaza in Viera, Florida; $12,750,000 permanent fixed-rate loan for the
refinance of a warehouse building in Orlando, Florida; $2,170,000 permanent
fixed-rate loan for the acquisition of a multi-family property in Columbus,
Indiana, and $3,025,000 permanent fixed-rate loan for the refinance of two
self-storage facilities in Stuart and Vero Beach, Florida.
For a complete
copy of the company’s news release, please contact:
JESSICA KINNEE
Director of Marketing & Public Relations
(407) 374-0251
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