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Mar 31, 2008 Thomas D. Wood and Company Arranges $4,000,000 in Financing for the 163 Medical Office Building and Shorecrest Retail Plaza

Miami, Florida – March 31, 2008 –

Ben Jimenez, Assistant Vice President for Thomas D. Wood and Company, secured financing in the amount of $4,000,000 for the 163 Medical Office Building and Shorecrest Retail Plaza.

Jimenez arranged financing in the amount of $3,250,000 for the 163 Medical Office Building in Charleston, South Carolina.  Jimenez financed the loan through a national banking institution at a permanent fixed rate of 5.54%.  The loan term is 10 years with a 30-year amortization, and a loan-to-value of 75%.  The 13,851 square-foot office building was built in 2007, and is home to the University Medical Hospital Human Resources Department.  The 163 Medical Office Building is located at 163 Rutledge Avenue, Charleston, South Carolina.

Jimenez arranged financing for the Shorecrest Retail Plaza through StanCorp Mortgage Investors, one of Thomas D. Wood and Company’s correspondent lenders.  The loan was secured at a permanent fixed rate of 6.125% for a 20-year term and a 20-year amortization, in the amount of $750,000.  The loan-to-value is 75%.  The 3,567 square-foot retail plaza is home to Latour Design & Development, and is located at 1071-1075 NE 79th 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 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,   Winter Park, Florida 32789.  The website may be accessed through www.tdwood.com.

Ben Jimenez           (305) 447-7820       bjimenez@tdwood.com

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


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