Miami, Florida – October 7, 2008 –

Doug Rozzell, Principal for Thomas D. Wood and Company, secured    financing in the amount of $1,800,000 for the construction of the Social Security Administration office in St. Augustine, Florida.  The loan was financed through Thomas D. Wood and Company’s relationship with a regional bank at a rate of 250 basis points + 30-day LIBOR.  The 18-month interest-only construction loan has a loan-to-value of 60%, and a loan-to-cost of 90%.  The 7,306 square-foot Social Security Administration office will be built on 1.46 acres of land located at 2440 Old Moultrie Road, St. Augustine, 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.  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, 6802 Honeysuckle Trail,  Lakewood Ranch, Florida  34202, 1000 Corporate Dr., Ste. 100, Ft. Lauderdale, Florida 33309 and 1700 South MacDill Avenue, Suite 240 A, Tampa, Florida 33629.  The website may be accessed through www.tdwood.com.

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

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

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