Showing posts with label Thomas D. Wood and Co. Miami. Show all posts
Showing posts with label Thomas D. Wood and Co. Miami. Show all posts

Wednesday, January 13, 2010

Thomas D. Wood & Co. Finds Financing for Fort Worth, TX Property


MIAMI, FL-- Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing in the amount of $2,400,000 for Great Southwest Industrial in Fort Worth, Texas.

Thomas D. Wood, Jr., (top right photo)  Company President, refinanced Great Southwest Industrial through Thomas D. Wood and Company’s correspondent relationship with Summit Investment Partners. The fixed-rate loan has a term of 10 years, based on a 20-year amortization and a loan-to-value of 60%.

The interest rate is 6.5%. The multi-building industrial development was built between the years 1968 and 1980, for a total of 190,029 square feet. Great Southwest Industrial is located at 812 E. Northside Drive, 5001-03 N. Freeway, and 5116 NE Parkway, Fort Worth, Texas.


For further information, please contact:

Tom Wood, Jr,  (305) 447-7830,  tomjr@tdwood.com
Jessica Kinnee, (407) 937-0470, jkinnee@tdwood.com

Tuesday, January 5, 2010

Thomas D. Wood & Co. Brokers $6M Loan for 2 Reno, NV Properties


MIAMI, FL— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on December 30, 2009, in the amount of $6,000,000 for 5401 Longley and McCarran A, B and C in Reno, Nevada.


Steve Wood,  (top right photo) Company Chief Operating Officer, along with Tony Castrignano of Sky Mesa Capital, financed 5401 Longley through Thomas D. Wood and Company’s correspondent relationship with Symetra Financial, in the amount of $2,500,000.

 The permanent loan has a term of 10 years, based on a 25-year amortization, and a loan-to-value of 65%. The interest rate is 6.95%. The two-building, 55,874 square-foot office/warehouse was built in 1991 and is located at 5401 Longley Lane, Reno, Nevada.


Together they also financed McCarran A, B and C in the amount of $3,500,000 through Thomas D. Wood and Company’s correspondent relationship with Symetra Financial at an interest rate of 6.95%.

The permanent loan has a term of 10 years, based on a 25-year amortization and a loan-to-value of 65%. The three-building, 41,490 square-foot office was built in 1987 and is located at 6490 S. McCarran Boulevard, Reno, Nevada.

For further information, please contact:


Steve Wood (305) 447-7820 swood@tdwood.com
Jessica Kinnee (407) 937-0470 jkinnee@tdwood.com

Monday, September 14, 2009

Reno, NV Office-Warehouse Building Gets $1.55M Loan


Miami, Florida—September 14, 2009— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on September 10, 2009, in the amount of $1,550,000 for the 1320-1350 Freeport Office/Warehouse Building in Reno, Nevada.

Steve Wood, (top right photo) Company Chief Operating Officer, along with Tony Castrignano of Sky Mesa Capital, financed 1320-1350 Freeport through Thomas D. Wood and Company’s correspondent relationship with Symetra Financial.

The loan term is nine years, and the interest rate can be reset every three years, based on a 25-year amortization and a loan-to-value of 56%. The interest rate is 6.445%. The 47,893 square-foot office/warehouse building was built in 1990 and is located at 1320-1350 Freeport Boulevard, Reno, Nevada.

For further information, please contact:
Steve Wood, (305) 447-782, swood@tdwood.com
Jessica Gurtowski, (407) 937-0470, jgurtowski@tdwood.com

Friday, August 7, 2009

Thomas D. Wood & Co. Brokers $11.97M Loan for FL and NV Properties

MIAMI, FL, Aug. 7, 2009— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on August 5, 2009, in the amount of $11,971,294 for Quail Park IV Office and Sanford Towne Square Shopping Center.

Steve Wood, (bottom right photo) Company Chief Operating Officer, along with Tony Castrignano of Sky Mesa Capital, financed Quail Park IV Office in the amount of $10,000,000 through Thomas D. Wood and Company’s relationship with a national life insurance company at an interest rate of 7.65%.

The loan term is 7 years, based on a 22-year amortization, and a loan-to-value of 58%. The 103,349 square-foot office building is home to major tenant Colonial Bank. Quail Park IV was built in 1983 and is located at 2810 and 2820 West Charleston Boulevard, Las Vegas, Nevada.

Steve Wood and Doug Rozzell, Company Principal, financed Sanford Towne Square through Thomas D. Wood and Company’s correspondent relationship with Woodmen of the World Life Insurance Company at an interest rate of 7.375%.

The loan has a fully-amortizing 10-year term and a loan-to-value of 37%. The 88,905 square-foot retail center is home to major tenant Winn Dixie, and was built in 1987. Sanford Towne Square is located at 1500 South French Avenue, Sanford, Florida.
For further information, please contact:
Steve Wood, (305) 447-7820, swood@tdwood.com

Doug Rozzell , (407) 937-0470, drozzell@tdwood.com

Jessica Gurtowski, (407) 937-0470, jgurtowski@tdwood.com

Friday, May 22, 2009

Thomas D. Wood & Co. Brokers $3.2M Reno, NV Loan

MIAMI, FL— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on May 19, 2009, in the amount of $3,200,000 for Quail Corners II and III (top left photo) in Reno, Nevada.

Steve Wood, (bottom left photo) Company Chief Operating Officer, along with Tony Castrignano of Sky Mesa Capital, financed Quail Corners II in the amount of $1,850,000 through Thomas D. Wood and Company’s correspondent relationship with the Standard Life Insurance Company at an interest rate of 6.625%.

The loan term is five years, and can be reset every five years, based on a 25-year amortization and a loan-to-value of 66%.

The 15,251 square-foot office building is home to major tenant Select Real Estate of Nevada. Quail Corners II was built in 1999 and is located at 6512 S. McCarran Boulevard, Reno, Nevada.

Together they also financed Quail Corners III in the amount of $1,350,000 through Thomas D. Wood and Company’s correspondent relationship with the Standard Life Insurance Company at an interest rate of 6.625%.

The loan term is five years, and can be reset every five years, based on a 25-year amortization and a loan-to-value of 60%. The 11,001 square-foot office building is home to major tenant Charles Schwab & Company. Quail Corners III was built in 1999 and is located at 6502 S. McCarran Boulevard, Reno, Nevada.

For further information, please contact:
Steve Wood (305) 447-7820 swood@tdwood.com

Jessica Gurtowski (407) 937-0470 jgurtowski@tdwood.com

Wednesday, May 20, 2009

Thomas D. Wood & Co. Brokers $9.5M Loan for Miami's Galleria Mall

MIAMI, FL—May 20, 2009— Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on May 8, 2009, in the amount of $9,500,000 for the Galleria Mall (top right photo) in Downtown Miami, Florida.

Thomas D. Wood, Jr., Company President, financed the Galleria Mall through Thomas D. Wood and Company’s relationship with a local banking institution.

The loan has a fixed interest rate of 6.75% and a five-year term, based on a 25-year amortization. Loan-to-value is 46%.
The three-story, 164,918 square-foot retail and office building is home to major tenant Marshalls, and is located at 251 East Flagler Street, Miami, Florida.

For further information, please contact:
Tom Wood, Jr., (305) 447-7820, tomjr@tdwood.com
Jessica Gurtowski, (407) 937-0470, jgurtowski@tdwood.com