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Oct 29, 2009 Thomas D. Wood and Company Secured Financing in the Amount of $2,080,000 for the Baron Apartments in Southington, Connecticut

Miami, Florida – October 29, 2009 –

Thomas D. Wood and Company, a Strategic Alliance Mortgage LLC member, secured financing on October 13, 2009, in the amount of $2,080,000 for the Baron Apartments in Southington, Connecticut.

Steve Wood, Company Chief Operating Officer, and Alan R. Cohen, Company Vice President, financed the Baron Apartments through Thomas D. Wood and Company’s relationship with a national multi-family lender.  The loan term is 10 years, based on a 30-year amortization and a loan-to-value of 65%.  The interest rate is 5.61%.  The 54-unit apartment complex was built in 1968 and 1969, and is located at 191 Queen Street, Southington, Connecticut.

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.    

Steve Wood           (305) 447-7820       swood@tdwood.com

Alan R. Cohen        (305) 447-7820       acohen@tdwood.com

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


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