The Orlando Office of Thomas D. Wood and Company is pleased to announce the arrangement of financing for Minneola Plaza, in the amount of $500,000, and Canterbury Plaza, in the amount of $1,100,000.

Company Assistant Vice President John Worrell secured financing for Minneola Plaza on behalf of the owner through Thomas D. Wood and Company’s lender relationship with StanCorp Mortgage Investors.  Financing was secured at a permanent fixed rate of 6.5% in the amount of $500,000.  The 31,345 square-foot property is located at 303, 305, and 307 North Highway 27, Minneola, Florida.

Company Vice President Jeff Schnupp secured financing for Canterbury Plaza on behalf of the owner through Thomas D. Wood and Company’s lender relationship with Kansas City Life Insurance Company.  Financing was secured at a permanent fixed rate of 6.125% in the amount of $1,100,000, for a 10-year term with a 22-year amortization.  The 8,600 square-foot office plaza, comprised of two 4,300 square-foot buildings, is located at 100 and 110 Burnsed Place, Oviedo, Florida.

Thomas D. Wood and Company is an independently owned, leading commercial mortgage-banking firm in the southeast.  Thomas D. Wood and Company has correspondent relationships with twelve major life insurance companies, in addition to Wall Street.  Thomas D. Wood and Company’s servicing portfolio is now approaching one billion dollars.  This consists of long-term mortgages on a variety of commercial properties throughout the state of Florida.  These properties include: retail, industrial, office buildings, senior housing communities, mini storage, apartments, warehouses, hotels and mobile home parks.  Thomas D. Wood and Company’s corporate office is located at 95 Merrick Way, Suite 360, Coral Gables, FL 33134, with branch offices located at 1700 South MacDill Avenue, Suite 240 A, Tampa, FL 33629, and 2105 Park Avenue North, Winter Park, Florida 32789.  The website may be accessed through www.tdwood.com.   

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