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Jan 23, 2008 Thomas D. Wood and Company Arranges $5,870,000 in Financing for the 9600 Office Building and Tuffy's Auto Service Center

Miami, Florida—January 23, 2008—

Marshall Smith, Executive Vice President for Thomas D. Wood and Company, secured financing in the amount of $1,943,800 for the 9600 Office Building and Tuffy’s Auto Service Center.

Smith financed the 9600 Office Building in Coral Springs, Florida, through Summit Investment Partners, one of Thomas D. Wood and Company’s correspondent lenders.  The second mortgage loan was secured at a permanent fixed rate of 6.29% for a 10-year term and a 25-year amortization, in the amount of $1,000,000.  The loan-to-value is 54%.  The 35,396 square-foot office building is home to Colonial Bank, and is located at 9600 W. Sample Road, Coral Springs, Florida.

Smith arranged financing in the amount of $943,800 for Tuffy’s Auto Service Center in Riverview, Florida.  Smith financed the loan through Skymar Capital Corporation, one of Thomas D. Wood and Company’s correspondent lenders, at a permanent fixed rate of 6.375%.  The loan term is 10 years with a 25-year amortization, and a loan-to-value of 70%.  The 4,980 square-foot auto service center was built in 2007, and is located at 10119 McMullen Road, Riverview, 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, in addition to Wall Street.  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 1700 South MacDill Avenue, Suite 240 A, Tampa, Florida 33629, and 1215 Louisiana Avenue, Suite 100, Winter Park, Florida 32789.  The website may be accessed through www.tdwood.com.

Marshall Smith        (305) 447-7820        msmith@tdwood.com

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


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