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Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes First Union - ...
Standard & Poor's has downgraded the $44.1 million class J of First Union-Lehman Brothers Commercial Mortgage Trust, 1997-C2, to triple-C-plus from single-B-minus because of expected losses from loans in special servicing.The deal includes nine loans with a balance of $70.9 ...
March 17, 2005 Moody's Investors Service has upgraded two classes of First Union-Lehman Brothers Commercial Mortgage Trust, 1997-C1, because of improved subordination levels. The deal's collateral balance is $667.3 million, down from $1.3 billion at issuance. Another 4.1 percent of ...
February 14, 2005 Fitch Ratings has upgraded two classes of First Union-Lehman Brothers Commercial Mortgage Trust, 1997-C1, because of increased subordination levels. The deal's balance is $669.5 million, down from $1.31 billion at issuance.Fitch upgraded the deal's: – $71.8 million ...
March 9, 2004 Moody's Investors Service has upgraded four classes of First Union-Lehman Brothers Commercial Mortgage Trust, 1997-C1, because subordination levels have improved as a result of loan payoffs and amortization.The rating agency upgraded the deal's:– $78.3 million class B ...
February 17, 2004 Fitch Ratings has upgraded four classes of First Union-Lehman Brothers Commercial Mortgage Trust, 1997-C1, because subordination levels have improved as a result of a reduction in the collateral pool's balance.The rating agency upgraded the deal's: – $71.8 ...
July 10, 2003Fitch Ratings has upgraded two classes of First Union-Lehman Brothers Commercial Mortgage Trust, 1997-C1, because credit enhancement levels have improved as a result of a 24 percent reduction in the deal's collateral balance since issuance.The rating agency upgraded ...
September 24, 2002 NEW YORK – Standard & Poor's has lowered its ratings on two classes of First Union-Lehman Brothers Commercial Mortgage Trust, 1997-C1 because of the increased risk of losses stemming from loan delinquencies.The rating agency downgraded the deal's ...
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