Deal Name: Bear Stearns Commercial Mortgage Securities Inc.

Moody's Investors Service has upgraded six classes of Bear Stearns Commercial Mortgage Securities Trust, 2002-PBW1, because of improved subordination levels.The deal's balance is $869.2 million, compared with $921.2 million at issuance. And six loans totaling 6.9 percent of the pool ...

Moody's Investors Service has upgraded two classes of Bear Stearns Commercial Mortgage Securities Inc., 2004-BBA5, because of a signficant increase in the deal's subordination levels. The transction's balance is $461.9 million, compared at $1 billion at issuance. In addition, Moody's ...

Standard & Poor's last week upgraded eight classes of Bear Stearns Commercial Mortgage Securities Inc., 2001-TOP4, because of improved subordination levels. The transaction's balance is $809.8 million, compared with $905.5 million at issuance. Another $51.2 million of loans have been ...

Fitch Ratings has upgraded five classes of the Bear Stearns Capital Mortgage, 2004-BBA5, because of increased subordination levels. The deal has a remaining balance of $466.4 million, down 54.9 percent from $1.03 billion at issuance. Fitch upgraded the deal's:- $26.5 ...

Kalmon Dolgin Affiliates Inc. has paid $25.4 million for 15 Grumman Road West, a 385,000-square-foot office/warehouse in Bethpage, N.Y., as well as an adjoining 25-acre development parcel.Kalmon Dolgin, a Brooklyn, N.Y., real estate firm, purchased the property from Nassau Realty ...

Fitch Ratings has upgraded bond classes from three CMBS deals because of improved subordination levels.The rating agency upgraded two classes of Bear Stearns Commercial Mortgage Securities Inc., 2004-BBA5, whose balance is $742.8 million, compared with $1.03 billion at issuance: - ...

With the pricing yesterday of a $2.2 billion conduit by Bear Stearns, total domestic CMBS issuance this year has hit $101 billion. For the full year, the market should easily hit $130 billion or more.

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sFinalPricing (bp)BnchmarkA1108.2520.002.99AAAAaa+10swapsA1A231.2820.008.70AAAAaaNAswapsA2358.820.004.85AAAAaa+25swapsA345.820.007.91AAAAaa+31swapsAAB100.020.007.06AAAAaa+27swapsA4A768.030.009.76AAAAaa+26swapsA4B109.720.009.87AAAAaa+33swapsAJ166.812.259.95AAAAaa+37swapsB13.511.6259.95AA+Aa1+42swapsC35.010.009.95AAAa2+44swapsD24.28.8759.95AA-Aa3+46swapsE29.67.509.95AA2+53swapsF21.56.509.95A-A3+62swapsG26.95.259.95BBB+Baa1+90swapsH21.54.2510.78BBBBaa2NAswapsJ24.23.12514.50BBB-Baa3NAswapsK5.392.87514.70BB+Ba1NAswapsL8.092.5014.70BBBa2NAswapsM10.782.0014.70BB-Ba3NAswapsN8.091.62514.78NRB1NAswapsP8.091.2514.79NRB2NAswapsQ5.391.0014.79NRB3NAswapsS21.570.0015.70NRNRNAswapsX1*2,152.4NA8.59AAAAaa+250TreasX2*2,096.0NA5.81AAAAaa+65Treas*Notional amount, interest onlyCollateral balance: $2,156.51 millionBookrunner(s): Bear Stearns, Morgan StanleyLead Managers: Bear Stearns Morgan StanleyB-piece Buyer: Hyperion Capital ManagementMaster Servicer: Wells Fargo, Prudential Special Servicer: GMAC Commercial MortgageTrustee: LaSalle BankOriginators: Bear Stearns (34.9 percent), Prudential Mortgage ...

July 7, 2005 Fitch Ratings has downgraded two classes of Bear Stearns Commercial Mortgage Securities Inc., 2003-BBA1, because of concerns it has with a $76 million collateral loan.The loan is backed by three shopping centers owned by General Growth Properties ...

June 15, 2005 Moody's Investors Service has downgraded two classes of Bear Stearns Commercial Mortgage Securities Trust, 2001-TOP4, because it views a larger chunk of the collateral pool as overleveraged than it did at issuance.The rating agency said that under ...