The Miami Office of Thomas D. Wood and Company secured $1,050,000 for Compass Moving and Storage in Hialeah, Florida, and $500,000 in financing for the Stoner Building in South Miami, Florida.

Company Assistant Vice President Ben Jimenez secured financing for Compass Moving and Storage on behalf of the owner through Thomas D. Wood and Company’s correspondent relationship with StanCorp Mortgage Investors, LLC.  Financing was secured at a permanent fixed rate of 6.375% in the amount of $1,050,000, for a 15-year term with a 15-year amortization.  The 45,400 square-foot industrial building is located at 4301-4499 East 10 Court, Hialeah, Florida.

Company Assistant Vice President William Kaler secured financing for the Stoner building on behalf of the owner through Thomas D. Wood and Company’s correspondent relationship with StanCorp Mortgage Investors, LLC.  Kaler refinanced the property at a permanent fixed rate of 6.25% based on a 10-year term with a 22-year amortization, in the amount of $500,000.  The 7,750 square-foot industrial building is located at 5791 Commerce Lane, South 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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