The Orlando Office of Thomas D. Wood and Company is pleased to announce the arrangement of financing for Regent Shoppes, in the amount of $1,700,000, and three Meineke locations, in the amount of $1,700,000.  Financing for the properties was arranged by Company Vice President Jeff Schnupp.

Financing for Regent Shoppes was secured by Schnupp on behalf of the owner through Thomas D. Wood and Company’s lender relationship with a conduit lender.  Financing was secured at a permanent fixed rate of 5.87% in the amount of $1,700,000, for a 10-year term with a 30-year amortization.  The 10,750 square-foot retail plaza is home to major tenants Subway and Allstate, and is located at 3272 Canoe Creek Road, St. Cloud, Florida.

Financing for the three Meineke Car Care Centers was secured by Schnupp on behalf of the owner through Thomas D. Wood and Company’s correspondent relationship with Ameritas Life Insurance Company.  Financing was secured at a permanent fixed rate of 6.34% in the amount of $1,700,000, for a 10-year term with a 20-year amortization.  The Meineke properties are located on Lee Road and West Colonial Drive in Orlando, Florida, and South Woodland Avenue in DeLand, 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 twelve major life insurance companies, in addition to Wall Street.  Thomas D. Wood and Company’s servicing portfolio is now approaching one billion dollars.  This consists of long-term mortgages on a variety of commercial properties throughout the state of Florida.  These properties include: retail, industrial, office buildings, senior housing communities, mini 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, FL 33134, with branch offices located at 1700 South MacDill Avenue, Suite 240 A, Tampa, FL 33629, and 2105 Park Avenue North, Winter Park, Florida 32789.  The website may be accessed through www.tdwood.com.   

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