Deal Name: Chase Commercial Mortgage Securities Corp

The recently reflagged New Orleans Grande Hotel is set to undergo another name change. LaSalle Hotel Properties, which put the luxury hotel on the market in August through Hodges Ward Elliott, has struck a deal to sell it to CNL ...

Interest shortfalls suffered recently by two large CMBS deals has led the rating agency to try to convince issuers to think about adding a reserve or a first-loss piece to single-asset transactions.

October 2, 2002 Fitch Ratings has upgraded three classes of Chase Commercial Mortgage Securities Corp., 1996-2, because of pay downs, which resulted in increased subordination levels.The $17 million class B was upgraded to triple-A from double-A. The $15.7 million class ...

September 30, 2002 Fitch Ratings has upgraded two classes of Chase Commercial Mortgage Securities Corp., 1997-2, because loan payoffs and amortization have resulted in improved subordination levels.The rating agency upgraded the deal's– $32.6 million class B to double-A-plus from double-A; ...

September 19, 2002 Fitch Ratings has upgraded four classes of Chase Commercial Mortgage Securities Corp., 1997-1, because loan paydowns have resulted in a significant increase in subordination levels.The rating agency upgraded the deal's:– $26.7 class B to triple-A from double-A-plus;– ...

September 9, 2002 CHICAGO – Fitch Ratings has upgraded three classes of Chase, 1996-1, because of increased credit enhancement as a result of prepayments and a strong pool performance.Fitch upgraded the:– $22.2 million class C to double-A from double-A-minus;– $15.5 ...

July 2, 2002 NEW YORK – Standard & Poor's has upgraded four classes of Chase Commercial Mortgage Securities Corp., 1996-1, because of improved subordination stemming from loan paydowns and amortization.The rating agency upgraded the deal's:– $26.6 million class B to ...

June 19, 2002 NEW YORK – Moody's Investors Service has upgraded two classes and downgraded two others of Chase Commercial Mortgage Securities Corp., 1998-1.The rating agency upgraded the deal's $32.7 million class B to Aa1 from Aa2 and the $49.1 ...

June 18, 2002 NEW YORK – Standard & Poor's has raised its ratings on four classes of Chase Commercial Mortgage Securities Corp., 1997-1, due to improved financial operating performance of the pool's collateral and the increase in subordination levels.The upgrades ...

March 12, 2002 NEW YORK – Standard & Poor's has upgraded Chase Commercial Mortgage Securities Corp., 1998-C2, because of the deal's improved debt service coverage ratio.The collateral pool has shrunk to $1.2 billion from $1.3 billion at issuance. But debt ...