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OCEANSIDE, CALIF. — NorthMarq Capital has arranged $20.25 million in first-mortgage financing for the 252-unit River Oaks Apartments, located at 3891 San Ramon Drive in Oceanside. The multifamily financing was based on a 10-year term with a 30-year amortization schedule and was arranged for the borrower by NorthMarq’s Michael Elmore through its seller-servicer relationship with Freddie Mac. This was the first broken condo loan by Freddie Mac in their CME loan format, according to Elmore.