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May 29, 2009 Thomas D. Wood and Company Secured Financing in the Amount of $2,500,000 for a CVS Pharmacy in DeSoto, Texas

Orlando, Florida – May 29, 2009 –

Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on May 27, 2009, in the amount of 2,500,000 for a CVS Pharmacy in DeSoto, Texas.

Jeff Schnupp, Company Vice President, financed the CVS Pharmacy through Thomas D. Wood and Company’s relationship with a local banking institution.  The loan has a fixed interest rate of 7% and a five-year term, based on a 22-year amortization.  Loan-to-value is 55%.  The 13,813 square-foot single-tenant retail store was built in 2004, and is located at 1305 W. Beltline Road, DeSoto, Texas.

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.    

Jeff Schnupp           (407) 937-0470       jschnupp@tdwood.com

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


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