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July 1, 2009 Thomas D. Wood and Company Secured Financing in the Amount of $2,600,000 for Green Medical Center and CVS Pharmacy

Orlando, Florida – July 1, 2009 –

Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing in the amount of $2,600,000 for Green Medical Center and CVS Pharmacy.

John Worrell, Company Assistant Vice President, financed Green Medical Center through Thomas D. Wood and Company’s correspondent relationship with the Standard Life Insurance Company in the amount of $1,650,000 and a rate of 7.125%.  The loan term is seven years, and can be reset every seven years, based on a 25-year amortization.  The loan-to-value is 70%.  The 20,700 square-foot medical office is home to major tenants United States Department of Agriculture and Pediatrics Health Choice.  Green Medical Center was built in 1966 and renovated in 2006, and is located at 306 S. 10th Street, Haines City, Florida.

Joe Dear, Company Vice President, financed a CVS Pharmacy through Thomas D. Wood and Company’s correspondent relationship with the Standard Life Insurance Company in the amount of $950,000.  The loan has a five-year term, based on a 25-year amortization and an interest rate of 6.75%.  The loan-to-value is 62%.  The single-tenant retail store was built in 1996 and is located at 105 W. Hampton Springs Avenue, Perry, 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.    

John Worrell                 (407) 937-0470       jworrell@tdwood.com

Joe Dear                       (407) 937-0470       jdear@tdwood.com

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


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