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May 11, 2010 Thomas D. Wood and Company Secured Financing in the Amount of $8,050,000 for Copper Pointe and Quail Park I Office Buildings in Las Vegas, Nevada

Miami, Florida – May 11, 2010 –

Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing in the amount of $8,050,000 for Copper Pointe and Quail Park I Office Buildings in Las Vegas, Nevada.

Steve Wood, Company Chief Operating Officer, along with Tony Castrignano of Sky Mesa Capital, financed Copper Pointe through Thomas D. Wood and Company’s correspondent relationship with The Standard Life Insurance Company in the amount of $2,600,000.  The fixed-rate loan has a term of five years, with rate resets every five years, based on a 25-year amortization and an interest rate of 6.25%.  The loan-to-value is 65%.  The 34,685 square-foot office was built in 1988 and is home to major tenant Hand Surgery Specialist of Nevada.  Copper Pointe is located at 4530-4570 S. Eastern Avenue, Las Vegas, Nevada.

Together they also secured financing for Quail Park I through Thomas D. Wood and Company’s correspondent relationship with Symetra Life Insurance Company in the amount of $5,450,000.  The fixed-rate loan has a term of 10 years, based on a 25-year amortization and an interest rate of 6.90%.  The loan-to-value is 61%.  The 73,444 square-foot office was built in 1980 and is home to major tenants Plaster Development Company and Global Industries.  Quail Park I is located at 801 S. Rancho Drive, Las Vegas, Nevada.

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.    

Steve Wood                   (305) 447-7836       swood@tdwood.com

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


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