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Jan 21, 2009 Thomas D. Wood and Company Arranges $15,335,000 in Financing for Casa del Toro Student Housing in Tampa, Florida

Orlando, Florida – January 21, 2009 –

Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing in the amount of $15,335,000 for Casa del Toro Student Housing in Tampa, Florida.  Doug Rozzell, Company Principal, along with David Repka of Bison Financial Group, financed Casa del Toro Student Housing through Thomas D. Wood and Company’s relationship with a regional bank.  This construction loan consists of two parts: a $3,000,000 revolving loan, at a rate of LIBOR + 300 basis points interest-only, and a $12,335,000 non-revolving term facility with a rate of 6% and 25-year amortization on each building as it is stabilized.  The loan-to-value is 75% and loan-to-cost is 80%.  Casa del Toro Student Housing will be built on 6.92 acres on North 58th Street, Tampa, 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 fourteen major life insurance companies, and is also a member of the Strategic Alliance Mortgage (SAM), a unique company consisting of 19 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, 6802 Honeysuckle Trail,  Lakewood Ranch, Florida  34202, 1000 Corporate Dr., Ste. 100, Ft. Lauderdale, Florida 33309 and 1700 South MacDill Avenue, Suite 240 A, Tampa,   Florida 33629.   The website may be accessed through www.tdwood.com.

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

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


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