College of NewRochelle.

NEW YORK CITY- Capital One hasloaned $131.2 million to RXR Realty, a New York-based real estatefirm, for the construction of 26 South Division St., a 28-storymixed-use apartment tower in New Rochelle, NewYork. 

RXR is a prominent developer inthe City of New Rochelle and will take the 42-month interest-onlyfloating-rate loan to develop 352 market-rate apartments, includingstudios to one-two- and three-bedroom apartments with a valetparking garage, lounge, co-working space, speakeasy and over 12,000square feet of retail.

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Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.