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ST. CLOUD, MINN. — Michael Padilla in the Minneapolis office of NorthMarq Capital has arranged $850,000 in supplemental mortgage financing for a 176-unit multifamily community located in St. Cloud. The loan for Park Place Estates was based on a 7-year term with a 30-year amortization schedule. Financing was arranged for the undisclosed borrower by NorthMarq through its seller-servicer relationship with Freddie Mac. The borrower also assumed the existing mortgage of approximately $7.27 million.