Thomas D. Wood and Company’s Boca Raton, FL Office Secures $8,510,000 in Commercial Mortgage Transactions

Patrick Madore

Boca Raton, FL – The Boca Raton Office of Thomas D. Wood Company, a Strategic Alliance Mortgage LLC member, secured $8,510,000 in commercial mortgage transactions.  Interest rates continue to stay as low as 4%, contributing to the increase in successful closings.

 Senior Vice President Patrick Madore obtained financing for a free standing Walgreen’s in Wichita Falls, Texas, through Thomas D. Wood and Company’s correspondent relationship with The Standard in the amount of $2,430,000.  Madore secured a 25-year fully-amortizing loan on a non-recourse basis.

 Madore secured financing for a branch location for JP Morgan Chase Bank in Sarasota, Florida, in the amount of $2,730,000.  

Madore also obtained financing in the amount of $500,000 for the Allen Hill Building, a multi-tenant industrial property in Melbourne, Florida, as well as Deaconess Health, a free standing medical office building in Oklahoma City, Oklahoma, in the amount of $2,850,000.

 For a complete copy of the company’s news release, please contact:

JESSICA KINNEE

Director of Marketing & Public Relations

Thomas D. Wood & Co.

(407) 374-0251

jessica@tdwood.com