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ST. LOUIS — The St. Louis office of NorthMarq Capital has secured $7.03 million in first-mortgage financing for Lofts of Lafayette, a 109-unit multifamily property located in St. Louis. The loan carries a 10-year term and a 30-year amortization schedule. David Garfinkel and Jeffrey Chaney of NorthMarq's St. Louis office arranged the loan on behalf of the undisclosed borrower through Freddie Mac. The loan was secured utilizing the borrower's Adjustable Rate Mortgage program.