The Miami office of Thomas D. Wood and Company is pleased to announce $34,500,000 in mortgage loan financings for Windward Marina Group for two marinas in the Northeast Florida market.
Thomas D Wood Jr., President, secured financing in the amount of $9,500,000 for the acquisition of Amelia Island Yacht Marina. The marina is located at 251 Creekside Drive in Fernandina Beach, Florida, approximately 4.5 miles south of the inlet. It is a mixed use, full service marina with 57 acres of developable land. The marina can accommodate up to 325 vessels and offers a waterfront restaurant. Plans are to construct a new service center building and dredge the channel leading up to the marina. Financing was provided by South State Bank.