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Jan 4, 2010 Thomas D. Wood and Company Secured Financing in the Amount of $6,000,000 for 5401 Longley and McCarran A, B and C in Reno, Nevada

Miami, Florida – January 4, 2010 –

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, 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.

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 fourteen major life insurance  companies, and is also a member of the Strategic Alliance Mortgage (SAM), a unique company consisting of 20 members who are all individually owned, commercial real estate investment banking/mortgage banking firms located throughout the United States.  Thomas D. Wood and Company’s servicing portfolio is now approaching one billion dollars.  This servicing portfolio consists of long-term mortgages on a variety of  commercial properties located throughout the state of Florida.  These properties include: Retail, Industrial, Office, Senior Housing  Communities, Self-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, Florida 33134, with branch  offices located at 1215 Louisiana Avenue, Suite 100,  Winter Park, Florida 32789, 7349 Professional Parkway East, Sarasota, Florida 34240, and 1000 Corporate Dr., Suite 100, Ft. Lauderdale, Florida 33334.   The website may be accessed through www.tdwood.com.    

Steve Wood           (305) 447-7820       swood@tdwood.com

Jessica Kinnee       (407) 937-0470       jkinnee@tdwood.com


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