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Mar 13, 2007 Thomas D. Wood and Company Arranges $12,100,000 in Financing for a Grocery-Anchored Retail Center in Rock Hill, South Carolina.

Orlando, FL – March 13, 2007 –

The Orlando Office of Thomas D. Wood and Company secured $12,100,000 in financing for a grocery-anchored retail center in Rock Hill, South Carolina.

Company Principal Doug Rozzell structured the transaction on behalf of the owner through Thomas D. Wood and Company’s lender relationship with a Wall Street capital provider.  The loan was non-recourse with a completion guarantee only.  Loan-to-cost was 90%, and loan-to-value was 80%; the anchor tenant was not investment-grade status.  The lender also agreed to waive its normal requirements for a payment and performance bond.  The 88,842 square-foot retail center is located at Highway 14 and Highway 417 in Rock Hill, South Carolina.

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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