Bethesda, Maryland – January 31, 2008 –
Green Park Financial, the nation’s largest dedicated multifamily lender, announced today that it has entered into correspondent agreements with Thomas D. Wood and Company of Florida and The Rose Hill Group of New York. The agreements place the firms among an exclusive group of 20 correspondents in Green Park Financial’s national network of loan originators. As a Green Park Financial correspondent, Thomas D. Wood and Company and The Rose Hill Group will be able to originate loans for Fannie Mae’s Delegated Underwriting and Servicing (DUS®) program.
Thomas D. Wood and Company and The Rose Hill Group are both members of Strategic Alliance Mortgage (SAM). The companies join other SAM member firms serving as Green Park Financial correspondents including Live Oak Capital, Ltd., Norris, Beggs & Simpson, Quantum First Capital, and Walker & Dunlop. In 2007, SAM completed more than 1,300 commercial real estate transactions totaling $13 billion. More information on SAM can be found at www.samalliance.com.
About Thomas D. Wood and Company
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.
About The Rose Hill Group
The Rose Hill Group of WNY LTD (“RHG”) is a privately owned, full service mortgage banking firm located in Buffalo, New York. The company’s primary markets include all of Upstate New York. Currently, RHG has 11 Life Company Correspondent Relationships, not including Wall Street. Their servicing portfolio is just under $400 million. The company’s professionals strive to add value to its clients on each and every transaction. Products closed include bridge, construction, equity, and permanent financing. For more information, call 716/854-1580 or email danm@rhgltd.com. 4 Cathedral Park, Suite 300, Buffalo, New York 14202.
About Green Park Financial
Green Park Financial is the largest dedicated multifamily lender in the nation and the only independent firm among the major Fannie Mae Delegated Underwriting and Servicing (DUS) lenders. The company’s loan programs cover most multifamily property types including conventional apartments, affordable housing, seniors housing, student housing, and manufactured housing communities. The company specializes in large, complex transactions including pools, revolving credit facilities, and bulk delivery of existing loans.
The company services $4.4 billion of loans for over 90,000 apartment homes across 43 states and the District of Columbia. For more information, call 301/215-5500 or go to http://www.greenparkfinancial.com.
Jessica Gurtowski (407) 937-0470 jgurtowski@tdwood.com
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