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| Jeff Schnupp |
Orlando, FL – Thomas D. Wood and Company Vice President Jeff Schnupp financed $2,650,000 in
commercial loans in Central Florida.
Schnupp secured financing for the Shops at Dupont Lakes in
the amount of $1,350,000 through Thomas D. Wood and Company’s correspondent
relationship with Symetra Life Insurance Company.
The borrower built the Dollar Tree property
for cash; once he leased the final space to Leslie’s Poolsmart, he wanted to
refinance the property to pull out as much equity as possible to purchase land
and develop for another tenant.
Schnupp
provided the borrower with a 15-year fully-amortizing fixed-rate loan. The 12,000 square-foot multi-tenant retail
center is located in Deltona, Florida.
Schnupp also secured financing for the Fountainview, a
10,000 square-foot retail/office development, through Thomas D. Wood and
Company’s correspondent relationship with The Standard. The borrower’s construction loan with a
private lender was maturing, and they wanted to refinance into a long-term
fixed-rate loan with a 25-year amortization.
Fountainview is located in Lake Mary, Florida.
For a complete copy
of the company’s news release, please contact:
JEFF
SCHNUPP
JESSICA KINNEE
Vice
President
Director of Marketing & Public Relations
Thomas D. Wood & Co.
Thomas D. Wood & Co.
(407)
374-0254
(407)
374-0251
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