Ft. Lauderdale, Florida – May 18, 2009 –

Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured construction financing on May 13, 2009, in the amount of $3,140,000 for a CVS Pharmacy in Ft. Pierce, Florida.

Patrick Madore, Company Vice President, financed the CVS Pharmacy through Thomas D. Wood and Company’s relationship with a regional bank.  The construction/mini-perm loan has an interest rate of 6%, and is interest-only for the first year.  The loan term is five years, based on a 25-year amortization.  Loan-to-value is 75% and loan-to-cost is 90%.  The 14,000 square-foot retail building will be built on two acres of land on US Highway 1 in Ft. Pierce, 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, 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.    

Patrick Madore        (954) 233-6024       pmadore@tdwood.com

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

###