Miami, FL – March 20, 2007 –

The Miami Office of Thomas D. Wood and Company secured $5,500,000 in financing for Dependable Warehousing & Distribution in Miami, Florida.

Company Assistant Vice President Ben Jimenez structured the transaction through Thomas D. Wood and Company’s correspondent relationship with Union Central Life Insurance Company.  A First Deed of Trust was secured by the free-standing office/warehouse building, totaling 227,285 square feet of net rentable space on 6.7 acres of land.  The property is of concrete panel construction, and was built in 1967 and renovated in 2006.  The initial loan-to-value is 73.88% with a 1.32x debt cover.  The $5,500,000 loan was secured at a 20-year term and 20-year amortization.  Dependable Warehousing & Distribution is located at 2900 NW 75 Street, Miami, 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 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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