Deal Name: 2002-C3

HTML clipboardFollowing is a list of recent downgrades by Standard &Poor's: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln S&P New Rating S&P Old Rating Reason for Rating Action ...

Fitch Ratings has downgraded three classes of GMAC Commercial Mortgage Securities, 2002-C3, due to expected losses from a $15.6 million loan in special servicing.The loan is backed by a 10-building student-housing property in Tallahassee, Fla., that is real estate owned. ...

Deal Name CurrentPoolBal. $mln Orig.PoolBal $mln Class Size$mln FitchNewRating FitchOldRating Reason for Rating Action GMAC Commercial Mortgage Securities Corp., 2002-C3 676.1 777.4 G 9.7 AA+ AA Increased subordination; defeasance (29.2 percent of pool) - - - H 9.7 AA- A+ ...

Moody's Investors Service has downgraded four classes of JPMorgan Chase Commercial Mortgage Securities Corp., 2002-C3, because of losses suffered when a $33.5 million collateral loan was resolved and the expectation that the deal will be hit with other losses. The ...

Standard & Poor's has downgraded five classes of JPMorgan Chase Commercial Mortgage Securities Corp., 2002-C3, because of losses.The rating agency earlier this month had downgraded the deal's $7.5 million class M to D from CCC- because of a principal loss ...

Standard & Poor's has downgraded the $7.5 million class M of JPMorgan Chase Commercial Mortgage Securities Corp., 2002-C3, to D from CCC-, because of principal losses the class has suffered as a result of the liquidation of a collateral loan ...

ING Clarion has paid $39.7 million for Village Shoppes of Salem, a 170,000-square-foot retail property in Salem, N.H.The New York investment manager purchased the property on behalf of a state pension fund from Auxxi & Associates Inc., a Rockford, Ill., ...

Moody's Investors Service has downgraded six classes of JPMorgan Chase Commercial Mortgage Securities Corp., 2002-C3, because of losses from loans in special servicing and a decline in credit support levels. The transaction has already seen $7.5 million of losses from ...

Standard & Poor's has downgraded five classes of JPMorgan Chase Commercial Mortgage Securities Corp., 2002-C3, because of expected losses from loans in special servicing. Specifically, the rating agency said the resolution of two loans in special servicing would erode credit ...

Moody’s Investors Service has upgraded nine classes of GMAC Commercial Mortgage Securities Inc., 2002-C3, because of improved subordination levels and a sizable portion of the collateral pool has been defeased.The deal's balance is $745.3 million, compared with $777.4 million at ...