Deal Name: 2003-C1

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnMoody'sNewRatingMoody'sOldRatingReason for Rating ActionCredit Suisse First Boston Mortgage Securities Corp., 2006-TFL1884.71,100.0B39.0AaaAa1Increased subordination; improved collateral performanc---C34.0Aa1Aa2----D27.0Aa2Aa3----E29.0Aa3A1----F24.0A1A2----G25.0A2A3----H25.0A3Baa1-GE Commercial Mortgage Corp., 2004-C11,220.01,270.0B38.2AaaAa2Increased subordination; defeasance (9.7 percent of pool)---C15.9Aa1Aa3----D30.3A1A2----E14.3A2A3----PRS-11.1Aa1A1----PRS-23.2Aa2A2----PRS-31.6Aa3A3----PRS-43.2A1Baa1----PRS-54.1A2Baa2----PRS-63.6A3Baa3-GS Mortgage Securities Corp. II, 2003-GSFL VI156.71,100.0C9.9AaaAa1Increased subordination---D22.7AaaAa3----E21.5AaaA1----F30.1Aa1A2----G15.7Aa2A3----H14.0Aa3Baa1----J10.5A2Baa2----K16.2Baa1Baa3-Structured Asset Securities Corp., 1997-LL1264.61,430.0E42.8AaaAa2Increased subordination; ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnS&PNewRatingS&POldRatingReason for Rating ActionWachovia Bank Commercial Mortgage Trust, 2003-C3880.0937.3B36.3AAAAAIncreased subordination; defeasance (6 percent of pool)---C12.9AAAAA-----D25.8AA+A----E12.9AAA-----F10.5AA-BBB+----G12.9A-BBB----H12.9BBB+BBB-----J22.3BBB-BB+----K9.4BB+BB-Morgan Stanley Capital I Inc., 1998-WF1538.71,392.0D69.6AAAA+Increased subordination---F24.4AA-BBB----G38.3A-BB----H10.4BBB-BB-----J27.8BBB-First Union National Bank Commercial Mortgage Trust, 2001-C4828.7978.6C12.2AAAAA+Increased subordination; defeasance (14 percent of pool)---D12.2AAAAA----E17.1AAAAA-----F12.2AA+A+----G12.2AAA----H17.1AA-A-----J14.7ABBB+----K14.7BBB+BBB-----L22.0BBBBB+----M7.3BBB-BB----N7.0BBB+----O6.9BB-B----P4.6BB--Washington Mutual Asset Securities ...

Moody's Investment Services upgraded six classes of Chase Commercial Mortgage Securities Corp., 2000-2, and four classes of JPMorgan Chase Commercial Mortgage Securities Corp., 2003-C1, because of increased subordination levels and defeasance.The balance of the Chase 2000-2 deal is $674.9 million ...

There's talk that W.P. Carey is looking to shop the 25-story office/retail building in Manhattan's Times Square area. The property, which is net leased to Clear Channel Communications through 2020, could fetch a staggering price, even by Midtown standards.

Standard & Poor's has upgraded nine classes of LB-UBS Commercial Mortgage Trust, 2003-C1, because of improved credit support levels. The deal's collateral balance is $1.34 billion, which is down only 2.46 percent since issuance. But a $110.2 million mortgage has ...

June 29, 2005 Moody's Investors Service has upgraded four classes of Washington Mutual Asset Securities Corp., 2003-C1, because subordination levels have improved.The deal's balance is $471.4 million, compared to $574.8 million at securitization. The rating agency upgraded the deal's:– $11.4 ...

Stonehenge Partners is said to be paying about $220 million for Pennmark Towers, a 35-story, 333-unit apartment complex near Madison Square Garden, in a quiet, offmarket deal. JD Carlisle Development Corp. built the property in 2001.

October 20, 2004 Heritage Management has paid $25.5 million for 300 Harmon Meadow Blvd., a 123,000-square-foot office building in Secaucus, N.J.The property was sold by Ivy Equities, a New Jersey investment firm that was advised on the sale by Cushman ...

June 9, 2004 Commercial Real Estate Direct Staff ReportInvestcorp has acquired a 50 percent interest in a portfolio of three office buildings in suburban New York, as part of a move by their owner, Broadway Partners, to recapitalize them.The transaction ...

May 19, 2003 Class Amt ($mln) Sub Level (%) Avg Life (yrs) Rating Moody's Rating S&P Price Talk (bp) Final Pricing (bp) Bnch mark A1 214.8 19 5.70 Aaa AAA +34 area +34 Swaps A2 392.6 19 9.61 Aaa AAA ...