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CAMDEN, N.J. — Hybrid Capital has arranged $12 million in permanent financing for Northgate Apartments, a 321-unit, affordable-housing complex in Camden. The 10-year loan includes a 3.49 percent interest rate. Marc Wolfe, the borrower, purchased the 21-story property in 2011 for $12 million. Since acquiring the asset, Wolfe has invested approximately $1 million in capital improvements, including 140 apartment renovations at $5,000 per apartment; adding a security system with cameras on every floor; replacing the roof and boiler; upgrading the plumbing and repairing all common areas.