Thomas D. Wood & Company | $34.5 million acquisition loan | two NE Florida marinas

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.

Mr. Wood also secured the financing for Camachee Cove Yacht Harbor in the amount of $25,000,000. Camachee Cove is a special purpose marina and yacht yard located at 3020-3070 Harbor Drive and 101-252 Yacht Club Drive in St Augustine, Florida. The designated clean marina is in a fully protect harbor adjacent to the Intracoastal Waterway and less than a mile from the St. Augustine Inlet and the Atlantic Ocean. The marina is comprised of a 257 wet slips, a yacht yard and 16,351 square feet of commercial space on over 227.63 acres of land, submerged land, and wetland/marshland. The new owners plan to add 600 linear dockage to accommodate mega yachts. The financing was provided by Cadence Bank, N.A.

About Thomas D. Wood and Company
Thomas D. Wood and Company is a privately held real estate investment banking firm specializing in Florida’s commercial real estate markets. Founded in 1987, the company has become one of Florida’s premier commercial real estate lenders with over $15 billion in transactional experience throughout Florida and the continental United States. Thomas D. Wood and Company has correspondent relationships with 25 major life insurance companies. In addition, the loan servicing portfolio was in excess of $ 1.4 billion at year end 2020. Thomas D. Wood and Company is dedicated to providing the highest level of personalized service, has intimate knowledge of the local real estate market, while maintaining long-standing relationships with the top institutional lenders for real estate investors with best-in-class financing solutions.

Contacts:
Tom Wood Jr.
President
Thomas D. Wood and Company
Miami Office
305.447.7823
[email protected]

Frank Di Giacomo
Vice President/Director of Marketing
Thomas D. Wood and Company
Tampa Office
845.664.3580
[email protected]

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