MIAMI, FL – May 13, 2024 – Berkadia announces it has secured a $54.5 million loan to refinance Pier 19 Residences & Marina, a 199-unit luxury apartment community along the Miami River in Downtown Miami. Senior Managing Director Charles Foschini, Managing Director Christopher Apone, and Associate Director Shannon Wilson of Berkadia Miami secured the financing on behalf of the sponsor Neology Development, an award-winning, lifestyle-driven real estate firm led by Lissette Calderon.