Deal Name: 2004-C12

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 ML-CFC Commercial Mortgage Trust, ...

Columbus Business First A foreclosure suit has been filed against the owner of a 140,000-square-foot office property in Westerville, Ohio. The Columbus, Ohio,-area property, at 570 Polaris Parkway in the Offices at Westar office complex, backs $12.75 million of debt ...

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 Wachovia Bank Commercial Mortgage ...

Commercial Real Estate Direct Staff Report The venture that owns 1130 Connecticut Ave. NW, a 218,750-square-foot office building in Washington, D.C., is in the market to refinance an existing loan that was written against the property five years ago. The ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnMoody'sNewRatingMoody'sOldRatingReason for Rating ActionGS Mortgage Securities Corp. II, 2004-C1877.2892.3B20.1Aa1Aa2Defeasance (11.3 percent of pool)---C7.8Aa2Aa3-Banc of America Commercial Mortgage Inc., 2001-PB1787.5938.3C9.4AaaAa1Increased subordination; defeasance (20.1 percent of pool)---D11.7AaaAa2----E18.8Aa2A2----F11.7Aa3A3----G14.1A2Baa1----H14.1Baa1Baa2-Wachovia Bank Commercial Mortgage Trust, 2004-C111,030.01,040.0B28.6Aa1Aa2Defeasance (9.7 percent of pool)Washington Mutual Multifamily Mortgage ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnFitchNewRatingFitchOldRatingReason for Rating ActionDLJ Commercial Mortgage Corp., 1999-CG21,330.01,550.0B-158.1AAAAA-Increased subordination; defeasance (27.5 percent of pool)---B-223.3AAAA+----B-338.8AA-BBB+----B-431.0A-BBB-----B-515.5BBBBB----B-619.4BB+BB-----B-715.5B+B-First Union National Bank Commercial Mortgage Trust, 2000-C1691.1776.3E25.2AAAAADefeasance (24.8 percent of pool)---F11.6AA+AA-----G29.1BBB+BBB----H7.8BBBBBB-----J3.9BBB-BB+----K7.8BB+BB----L5.8BBB-Wachovia Bank Commercial Mortgage Trust, 2004-C121,060.01,080.0B25.2AA+AAStable performance; debt paydown---C9.3AAAA--

The Sitt family has hired Cushman & Wakefield to sell a nine-story office/retail building in Midtown at 24 West 57th St. The roughly 100,000-square-foot property, known as the New York Gallery Building, could trade in the $75 million range.

June 29, 2004 Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Fitch Final Pricing (bp) Bnch mark A1 50.00 13.375 2.80 AAA AAA +30 swaps A1A 115.03 13.375 NA AAA AAA -- swaps A2 199.00 13.375 5.80 ...