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DURHAM, N.C. — Capmark Financial has provided $16 million in fixed-rate refinancing at 5.96 percent for Oak Creek Village Apartments, a multifamily property located at 4230 Garrett Rd. in Durham. Approximately 15 miles northwest of Raleigh, N.C., the property includes 25, two-story buildings totaling 501 units. The 70 percent LTV loan was based on a 9-year term, with interest-only payments for the duration of the loan. Chad Hagwood of Capmark Finance’s Birmingham, Ala., office originated the transaction through the company’s Freddie Mac program. The borrower was an affiliate of RCP General.