Sarasota, Florida – May 8, 2009 –

Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on May 4, 2009, in the amount of $6,800,000 for the Extra Space Storage facilities in Pasadena and Annapolis, Maryland.

Brad Cox, CCIM, CPM, Company Vice President, along with Peyton Cross of Cross Capital Advisory, LLC, from Northern Virginia, financed the Extra Space Storage in Pasadena, Maryland in the amount of $3,000,000 through a community bank.  The loan has an interest rate of 6.25% for the first three years, then floating at 250 basis points over the then current three-year Treasury, fixed for the balance of the loan term.  The loan term is six years, based on a 30-year amortization and a loan-to-value of 65%.  The 47,905 square-foot self-storage facility was built in 1992 and is located at 8919 Ft. Smallwood Road, Pasadena, Maryland.

Together they also financed the Extra Space Storage in Annapolis, Maryland, in the amount of $3,800,000 through a community bank.  The loan has an interest rate of 6.25% fixed for three years, then floating at 250 basis points over the then current three-year Treasury, fixed for the balance of the loan term.  The loan term is six years, based on a 30-year amortization, and a loan-to-value of 65%.  The 64,084 square-foot self-storage facility was built in 1994 and is located at 2000 Trout Road and 2023 Renard Court, Annapolis, Maryland.

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 1000 Corporate Dr., Suite 100, Ft. Lauderdale, Florida 33334.   The website may be accessed through www.tdwood.com.    

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

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

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