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NEWARK, DEL. — NorthMarq Capital has arranged $24.72 million in first-mortgage financing for a 432-unit, garden-style apartment community located in Newark. The loan includes a 10-year term with interest-only payments for the first 2 years, then a 30-year amortization schedule thereafter. The lender was Freddie Mac, which utilized its Early Rate Lock program to secure the interest rate. The borrower was a Delaware limited liability corporation. Sam Berns of NorthMarq's Upstate New York office and Robert Ranieri of the firm's Capital Services East division arranged the financing.