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TAYLORS, S.C. — Berkadia has arranged the $38 million refinancing for Cobalt Springs Apartment Homes, a 548-unit, garden-style community located at 1712 Pinecroft Drive in Taylors, a suburb of Greenville. Mitch Sinberg and Matt Robbins of Berkadia arranged the 10-year, floating-rate loan through Freddie Mac’s Green Up Program on behalf of the borrower, The RADCO Cos. The Atlanta-based company originally acquired the asset in 2015 for $33.8 million and installed low-flow toilets and low-flow aerators in kitchen and bathroom sinks. Constructed in 1975 and renovated in 2005, Cobalt Springs offers one-, two- and three-bedroom units and features a business center, coffee bar, pool, clubhouse and laundry facilities.