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Jan 19, 2007 Thomas D. Wood and Company Arranges $3,135,000 in Financing for the Social Security Administration Building in Lakeland, Florida.
Lakeland, FL. Jan 19, 2007 -

The Orlando Office of Thomas D. Wood and Company secured $3,135,000 in financing for the development of a 14,400 square foot, free-standing Social Security Administration building in Lakeland, Florida.

            Company Principal Doug Rozzell structured the transaction with Superior Bank, which funded 75% of the land purchase price, with further advances being deferred until the sponsors provided final plans and specifications. The Social Security Administration building will be built on 2.8 acres of land located at 5980 Florida Avenue South in Lakeland, 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 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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