TD Wood and Company Deal of the Week

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Deal of the Week Bulletin Board

January 30, 2012

Successful Financing Secured for a 12,100 SF Retail Shopping Center in Palmetto, Florida

8th Avenue Shopping Center

Problem:

The borrower wanted a fully amortizing loan that would take advantage of today's low interest rates.

Solution:

Brad Cox, CCIM, CPM, Company Vice President helped the borrower obtain a 15-year fully amortizing loan with The Standard Life Insurance Company at a competitive interest rate.

For more information, please contact Brad Cox at bcox@tdwood.com.

Deal Details:

Amount:		$970,000
Property Type:		Retail
Interest Rate:		5.75%
Term:		15/15
Location:		1162-1190 8th Avenue West, Palmetto, Florida

Thomas D. Wood and Company Arranged $5,000,000 for Merrill Industrial Center

Thomas D. Wood and Company Secured Financing in the Amount of $4,000,000 for Port 95-1 Ltd.

Thomas D. Wood and Company Secured Financing in the Amount of $1,200,000 for Shops of 7th Street

Thomas D. Wood and Company Arranged $1,100,000 for Shoppes of East Deltona

Thomas D. Wood and Company Arranged Financing in the Amount of $1,000,000 for Dollar General Orlando

Thomas D. Wood and Company Secured Financing in the Amount of $1,200,000 for Dollar General Apopka