Charlotte, NC. Jan 02, 2007 -

The Orlando Office of Thomas D. Wood and Company secured $40,035,000 in financing for the acquisition of the Charlotte East Office Park, a 537,347 SF project consisting of 11 individual buildings, located in Charlotte, North Carolina.

            Managing Director Doug Rozzell structured the transaction with IXIS Real Estate Capital, providing a $21,000,000 non-recourse bridge loan, and True North Management Group, LLC, providing a participating mezzanine loan for $19,035,000.  The total financing package equated to 98% of the project’s capitalization.

            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 240A, Tampa, FL  33629, and 2105 Park Avenue North, Winter Park, FL  32789.  The website may be accessed through www.tdwood.com.

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