Higgins of Berkadia originates $3 million loan

Berkadia Commercial Mortgage originated $3 million in fixed-rate, permanent debt to refinance the Curtis Building, a multi-tenanted industrial/office condominium property. The loan has a 10-year term and a 20-year amortization. Senior VP Warren Higgins of Berkadia's Philadelphia office originated the loan through Sun Life Assurance Co. of Canada. Wilbur Henderson is the principal of the borrowing entity, Curtis Park Associates.