Berkadia has arranged a $103 million construction take-out loan for The Gardens Residences, a mixed-use multifamily project designed by Behar Font & Partners in North Miami that is being completed in two phases. The financing was secured by Berkadia’s Senior Managing Director Charles J. Foschini, Managing Director Christopher Apone, Vice President-Originations Lourdes Carranza-Alvarez, and Associate Director Shannon Wilson on behalf of the sponsor, Omega Real Estate Management, a vertically integrated real estate management company focused on redeveloping downtown North Miami.