Asheville, FL. Dec 05, 2006 -

The Miami Office of Thomas D. Wood and Company secured $2,500,000 in preferred equity financing for the Brier Creek land loan near Asheville, NC.

Company Vice President William Schuss secured the $2,500,000 preferred equity loan on behalf of a private Northeast Hedge Fund through Thomas D. Wood and Company’s exclusive lender relationship.  The preferred equityloan was secured by a first mortgage of nine acres of entitled land to be developed into a multi-family apartment complex.

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, Florida 32789.  The website may be accessed through www.tdwood.com.

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