Moody’s Investors Service has downgraded four classes of WFRBS Commercial Mortgage Trust, 2011-C5, in part because of losses that could result from the ultimate resolution of the $6725 million loan against the Arbor Walk and Palms Crossing...
Kroll Bond Rating Agency has downgraded three classes of WFRBS Commercial Mortgage Trust, 2013-C14, because of losses it has estimated will eventually result from the resolution of at-risk collateral loans The rating agency has classified six of the...
Fitch Ratings has downgraded seven classes of Wells Fargo Commercial Mortgage Trust, 2015-SG1, because of what it says was a “lack of progress” in the resolution of loans that are in special servicing and the “continued...
Kroll Bond Rating Agency has downgraded the most senior class of JPMorgan Chase Commercial Mortgage Securities Corp, 2012-WLDN, to B from AAA, because of concerns it has with the collateral loan’s ability to get refinanced in May It also...
Fitch Ratings has downgraded seven classes of COMM, 2012-CCRE3, because of its heavy exposure to the regional mall sector The transaction, whose balance has paid down to $94623 million from $125 billion, has a 43 percent concentration to the retail...
Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has downgraded six principal-paying and two interest-only classes of GS Mortgage Securities Trust, 2014-GC18, because of the losses it expects certain collateral loans to suffer The...
Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has downgraded all the bond classes of COMM, 2013-GAM, a CMBS transaction backed by a $2595 million loan against the Green Acres Mall in Valley Stream, NY The rating agency said the...
Fitch Ratings has downgraded two classes of WFRBS Commercial Mortgage Trust, 2013-C18, which has a 455 percent exposure to the retail sector and because some of the hotel loans in its collateral pool have underperformed expectations The rating...
Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has downgraded two classes of CFCRE Commercial Mortgage Securities, 2017-C8, that it expects will suffer as a result of losses generated by four troubled collateral loans The...
Following is a list of recent downgrades by Fitch Ratings: Deal Name Current Pool Bal $mln Orig Pool Bal $mln DXMark (collateral value, % of par) Class Size $mln Fitch's New Rating Fitch's Old Rating Notes LB-UBS Commercial Mortgage Trust,...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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