Orlando, Florida – June 9, 2010 –

Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing in the amount of $2,665,000 for a 7-Eleven Convenience Store and Dorman Crossings Anchored Retail Center.

Brad Cox, CCIM, CPM, Company Vice President, secured $1,200,000 in financing for the 7-Eleven Convenience Store and Service Station on May 28, 2010, through Thomas D. Wood and Company’s relationship with a regional bank.  The full-recourse loan has an interest rate of 6.375%, fixed for the first three years, changing to 300 basis points over the three-year LIBOR for the next three years, based on a 25-year amortization.  The loan-to-value is 65%.  The 2,940 square-foot retail store and service station was built in 1999, and is located at 18934 US Highway 19, Hudson, Florida.

Doug Rozzell, Company Principal, secured $1,465,000 in financing for Dorman Crossings on June 1, 2010, through Thomas D. Wood and Company’s relationship with a regional bank.  The construction/mini-perm loan has an interest rate of LIBOR + 300 basis points with a floor of 4.0%.  The first 12 months are interest-only, followed by a 36-month mini-perm, based on a 25-year amortization.  The loan-to-value is 75% and loan-to-cost is 85%.  Construction will begin on the 9,833 square-foot retail center in 2010, and it will be home to major tenants Vitamin Shoppe and Mattress Firm.  Dorman Crossings is located at 1501 W. Ozell Boulevard, Spartanburg, South Carolina.

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.    

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

Doug Rozzell                    (407) 937-0470       drozzell@tdwood.com

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

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