Friday, October 25, 2013

Thomas D. Wood and Company Announces Q3 2013 Commercial Finance Transactions


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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