Deal Name: 2006-C24

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 ...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sFinalPricing (bp)BnchmarkA-130.4430.002.86AAAAaa+2swapsA-1A314.3430.009.45AAAAaa+26swapsA-2361.3130.004.95AAAAaa+19swapsA-PB84.2730.007.32AAAAaa+28swapsA-3610.9830.009.76AAAAaa+26swapsA-M200.1920.009.96AAAAaa+31swapsA-J145.1412.759.96AAAAaa+36swapsB17.5211.8759.96AA+Aa1+38swapsC22.5210.759.96AAAa2+39swapsD17.529.8759.96AA-Aa3+41swapsE15.029.1259.96A+A1+48swapsF20.028.1259.96AA2+50swapsG20.027.1259.96A-A3+59swapsH25.025.8759.98BBB+Baa1+80swapsJ32.534.2510.04BBBBaa2+90swapsK20.023.2510.04BBB-Baa3+135swapsL7.512.87510.04BB+Ba1NAswapsM7.512.5010.04BBBa2NAswapsN7.512.12510.04BB-Ba3NAswapsO5.011.87510.04B+B1NAswapsP5.011.62510.04BB2NAswapsQ7.511.2510.04B-B3NAswapsS25.020.0010.79NRNRNAswapsX-C2,001.92*NA8.43AAAAaaNATreasX-P1,935.00*NA5.63AAAAaaNATreas*Notional amount, interest onlyCollateral balance: $2,001.92Bookrunner(s): Wachovia Securities, Nomura SecuritiesLead Managers: Wachovia Securities, Nomura SecuritiesCo-managers: Citigroup, Credit Suisse, JPMorgan ChaseB-piece Buyer: LNR PartnersMaster Servicer: Wachovia BankSpecial Servicer: LNR PartnersTrustee: LaSalle BankOriginators: Wachovia Bank (81.2 percent), Artesia Mortgage ...

Commercial Real Estate Direct Staff ReportAn upcoming conduit from Wachovia Securities has a whopping 29.9 percent concentration in the hotel sector - the most by far of any CMBS conduit transaction in more than five years.The transaction, Wachovia Bank Commercial ...