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NEW YORK CITY — NorthMarq Capital has arranged $3.7 million in first mortgage financing for 340 E. 86th St. in New York City, a mixed-use development consisting of 15 residential units and a ground floor retail space. Robert Ranieri of NorthMarq's Capital Services East Group arranged the financing based on a 30-year term and a 30-year amortization schedule for the borrower, Davenport Realty, through AmeriSphere Multifamily Finance.