Deal Name: 2004-LNB3

DBRS has downgraded five classes of COMM, 2004-LNB3, because of losses expected from the liquidation of a $22.4 million mortgage on a New Jersey office property.The loan on The Tower, which has 228,200 square feet at 270 Davidson Ave. in ...

Moody's Investors Service has downgraded four classes of COMM, 2004-LNB3, because of expected losses from a $25 million loan that is in special servicing.The loan is secured by an office building in Franklin Township, N.J., that will see the expiration ...

DBRS has placed five classes of COMM, 2004-LNB3, under review for possible downgrade because of losses it expects the transaction will suffer as a result of the resolution of a collateral loan.The rating agency said a $22.4 million loan on ...

Deal Name CurrentPoolBal. $mln Orig.PoolBal $mln Class Size$mln DBRSNewRating DBRSOldRating Reason for Rating Action COMM, 2004-LNB3 1,274.3 2,031.9 B 40.1 AAA AA Defeasance (21 percent of pool) - - - C 16.7 AA(high) AA(low) - - - - D 28.4 ...

June 22, 2004 Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Moody's Rating DBRS Final Pricing (bp) Bnch mark A-1 47.9 15.25 2.5 AAA Aaa AAA +30 swaps A-1A 264.48 15.25 8.17 AAA Aaa AAA NA swaps ...