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May 5, 2010 Thomas D. Wood and Company Secures Financing in the Amount of $2,500,000 for Oakbrook Plaza in Norcross, Georgia

Sarasota, Florida – May 5, 2010 –

Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on April 29, 2010, in the amount of $2,500,000 for Oakbrook Plaza in Norcross, Georgia.

Brad Cox, CCIM, CPM, Company Senior Vice President, financed Oakbrook Plaza through Thomas D. Wood and Company’s correspondent relationship with The Standard Life Insurance Company in the amount of $2,500,000.  The full-recourse loan has a term of seven years, based on a 21-year amortization and an interest rate of 6.6%.  The loan-to-value is 45%.  The 80,581 square-foot office was built in 1985 and is home to major tenants 352 Media Group, Venture Office Suites, and IBT Howard Via, LLC.  Oakbrook Plaza is located at 1770 Indian Trail Lilburn Road, Norcross, Georgia.

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, and is also a member of the Strategic Alliance Mortgage (SAM), a unique company consisting of 20 members who are all individually owned, commercial real estate investment banking/mortgage banking firms located throughout the United States.  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 1215 Louisiana Avenue, Suite 100,  Winter Park, Florida 32789, 7349 Professional Parkway East, Sarasota, Florida 34240, and 475 NW 11th Street, Boca Raton, Florida 33432.   The website may be accessed through www.tdwood.com.    

Brad Cox, CCIM, CPM      (941) 552-9731       bcox@tdwood.com

Jessica Kinnee                (407) 937-0470       jkinnee@tdwood.com


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