{"id":1004125289,"date":"2015-08-14T04:08:00","date_gmt":"2015-08-14T12:08:00","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=358010"},"modified":"2021-05-10T03:01:33","modified_gmt":"2021-05-10T11:01:33","slug":"apartment-community-near-big-easy-gets-financial-help-2","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/","title":{"rendered":"Apartment Community near Big Easy Gets Financial Help"},"content":{"rendered":"

By Adelina Osan, Associate Editor<\/em><\/p>\n

In 2005 Hurricane Katrina devastated more than 70 percent of all housing units in and around New Orleans. Fast forward ten years, and The City that Care Forgot is well on its way to becoming one of the top urban centers in the U.S.\u2014refinancing loan after refinancing loan.<\/p>\n

\"The<\/a><\/p>\n

The Crossing Apartments – Metairie LA<\/p>\n<\/div>\n

Walker & Dunlop, Inc.<\/a> provided a $15.7 million refinancing loan for The Crossings Apartments in Metairie. This refinancing was for the first commercial loan financed by Fannie Mae<\/a> in the Katrina effected area following the storm in 2005.<\/p>\n

Using Fannie Mae\u2019s Early Rate Lock program to structure the fully leveraged, conventional 10-year loan with a 30-year amortization schedule, Walter & Dunlop provided refinance to show the endurance of New Orleans since Hurricane Katrina and Fannie Mae’s support of this market immediately following the storm, through the national recession and continuing today.<\/p>\n

Located at 2200 Severn Ave. and minutes away from downtown New Orleans, The Crossings Apartments community features 10 three-story apartment buildings adding up to 247 units. Recreational amenities include swimming pools and grilling stations.<\/p>\n

“The recovery and growth of the\u00a0Greater New Orleans\u00a0area since Hurricane Katrina has been phenomenal. This has largely been made possible by the faith and support of lenders like Fannie Mae. Favrot & Shane’s long association with Walker & Dunlop has resulted in another successful collaboration at The Crossings Apartments. We greatly appreciate Stephen’s efforts and look forward to further business in the future,” said in a prepared statement James Favrot, President of Favrot & Shane Companies, Inc.<\/p>\n

 <\/p>\n

Image via Yardi Matrix<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Ten years after Hurricane Katrina hit The City that Care Forgot, New Orlenas is well on its way to becoming one of the top urban centers in the U.S.—refinancing loan after refinancing loan.<\/p>\n","protected":false},"author":735,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1599,21742],"tags":[],"class_list":["post-1004125289","post","type-post","status-publish","format-standard","hentry","category-new-orleans","category-latest"],"acf":[],"yoast_head":"\nApartment Community near Big Easy Gets Financial Help - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Apartment Community near Big Easy Gets Financial Help\" \/>\n<meta property=\"og:description\" content=\"Ten years after Hurricane Katrina hit The City that Care Forgot, New Orlenas is well on its way to becoming one of the top urban centers in the U.S.—refinancing loan after refinancing loan.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-08-14T12:08:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-10T11:01:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/The-Crossing-Apartments-Metairie-LA.jpg\" \/>\n<meta name=\"author\" content=\"Adelina Osan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/apartment-community-near-big-easy-gets-financial-help-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/apartment-community-near-big-easy-gets-financial-help-2\\\/\"},\"author\":{\"name\":\"Adelina Osan\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/423ceee57e2e9ef5e458c68f8a3aa615\"},\"headline\":\"Apartment Community near Big Easy Gets Financial Help\",\"datePublished\":\"2015-08-14T12:08:00+00:00\",\"dateModified\":\"2021-05-10T11:01:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/apartment-community-near-big-easy-gets-financial-help-2\\\/\"},\"wordCount\":274,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/apartment-community-near-big-easy-gets-financial-help-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/The-Crossing-Apartments-Metairie-LA.jpg\",\"articleSection\":[\"New Orleans\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/apartment-community-near-big-easy-gets-financial-help-2\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/apartment-community-near-big-easy-gets-financial-help-2\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/apartment-community-near-big-easy-gets-financial-help-2\\\/\",\"name\":\"Apartment Community near Big Easy Gets Financial Help - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/apartment-community-near-big-easy-gets-financial-help-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/apartment-community-near-big-easy-gets-financial-help-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/The-Crossing-Apartments-Metairie-LA.jpg\",\"datePublished\":\"2015-08-14T12:08:00+00:00\",\"dateModified\":\"2021-05-10T11:01:33+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/423ceee57e2e9ef5e458c68f8a3aa615\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/apartment-community-near-big-easy-gets-financial-help-2\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/apartment-community-near-big-easy-gets-financial-help-2\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/apartment-community-near-big-easy-gets-financial-help-2\\\/#primaryimage\",\"url\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/The-Crossing-Apartments-Metairie-LA.jpg\",\"contentUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/08\\\/The-Crossing-Apartments-Metairie-LA.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/apartment-community-near-big-easy-gets-financial-help-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Apartment Community near Big Easy Gets Financial Help\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/423ceee57e2e9ef5e458c68f8a3aa615\",\"name\":\"Adelina Osan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/04\\\/adelina-osan-1.jpg?w=81\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/04\\\/adelina-osan-1.jpg?w=81\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/04\\\/adelina-osan-1.jpg?w=81\",\"caption\":\"Adelina Osan\"},\"description\":\"Adelina Osan is a publishing manager with Commercial Property Executive and Multi-Housing News. She joined the team in 2015 as associate editor and covered commercial, residential and student housing news assignments. Adelina has an academic background in public relations and worked in advertising and social media prior to her editorial role. \ud83d\udce7 She's available at adelina.osan@cpe-mhn.com for discussions regarding real estate news, industry trends, research center and other related topics.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/adelina-osan\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Apartment Community near Big Easy Gets Financial Help - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/","og_locale":"en_US","og_type":"article","og_title":"Apartment Community near Big Easy Gets Financial Help","og_description":"Ten years after Hurricane Katrina hit The City that Care Forgot, New Orlenas is well on its way to becoming one of the top urban centers in the U.S.—refinancing loan after refinancing loan.","og_url":"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-08-14T12:08:00+00:00","article_modified_time":"2021-05-10T11:01:33+00:00","og_image":[{"url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/The-Crossing-Apartments-Metairie-LA.jpg","type":"","width":"","height":""}],"author":"Adelina Osan","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/"},"author":{"name":"Adelina Osan","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/423ceee57e2e9ef5e458c68f8a3aa615"},"headline":"Apartment Community near Big Easy Gets Financial Help","datePublished":"2015-08-14T12:08:00+00:00","dateModified":"2021-05-10T11:01:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/"},"wordCount":274,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/The-Crossing-Apartments-Metairie-LA.jpg","articleSection":["New Orleans","News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/","url":"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/","name":"Apartment Community near Big Easy Gets Financial Help - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/#primaryimage"},"thumbnailUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/The-Crossing-Apartments-Metairie-LA.jpg","datePublished":"2015-08-14T12:08:00+00:00","dateModified":"2021-05-10T11:01:33+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/423ceee57e2e9ef5e458c68f8a3aa615"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/#primaryimage","url":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/The-Crossing-Apartments-Metairie-LA.jpg","contentUrl":"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/08\/The-Crossing-Apartments-Metairie-LA.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/apartment-community-near-big-easy-gets-financial-help-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Apartment Community near Big Easy Gets Financial Help"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/423ceee57e2e9ef5e458c68f8a3aa615","name":"Adelina Osan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/adelina-osan-1.jpg?w=81","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/adelina-osan-1.jpg?w=81","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/adelina-osan-1.jpg?w=81","caption":"Adelina Osan"},"description":"Adelina Osan is a publishing manager with Commercial Property Executive and Multi-Housing News. She joined the team in 2015 as associate editor and covered commercial, residential and student housing news assignments. Adelina has an academic background in public relations and worked in advertising and social media prior to her editorial role. \ud83d\udce7 She's available at adelina.osan@cpe-mhn.com for discussions regarding real estate news, industry trends, research center and other related topics.","url":"https:\/\/www.commercialsearch.com\/news\/author\/adelina-osan\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004125289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/735"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004125289"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004125289\/revisions"}],"predecessor-version":[{"id":1004527285,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004125289\/revisions\/1004527285"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004125289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004125289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004125289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}