Deal Name: COMM

The investment bank has provided a 10-year mortgage to SL Green for its Daily News Building in midtown Manhattan. The loan pays a rate of 5.24 percent.

October 29, 2003 Fitch Ratings has placed seven classes of COMM, 2002-FL7, on rating watch negative because collateral tied to the classes has deteriorated since issuance.The following classes were affected:– $4.5 million class M-EP, rated triple-B-minus;– $1 million class L-NM, ...

October 23, 2003 Fitch Ratings has downgraded four classes of COMM, 2001-FL5, because of a decline in performance of two collateral loans. It also upgraded two other classes because subordination levels have improved following a 42.2 percent reduction in the ...

The Bethesda, Md., hotel company has agreed to buy the Hyatt Regency Maui Resort & Spa from Blackstone Group for nearly $400,000/unit.

October 9, 2003 Moody's Investors Services has placed seven classes of COMM, 2002-FL7, under review for possible downgrades because of concerns with three of the deal's collateral loans.The rating action affects the following classes:– $2 million class L-PD, rated Baa3;– ...

July 25, 2003 Moody's Investors Service has downgraded five classes of COMM, 2001-FL4, because several of the deal's collateral loans are performing worse than expected.The rating agency downgraded the deal's:– $60.9 million class B to A1 from Aa3;– $2.4 million ...

May 22, 2003 Standard & Poor's has downgraded eight classes of COMM 2001-FL4 and put another eight on credit watch with negative implications.The rating actions reflect significant declines in the credit characteristics of five of the nine remaining loans as ...

May 2, 2003 Moody's Investors Service has placed 12 classes of COMM 2001-FL4, under review. Ten of the classes are being watched for possible downgrade and two for possible upgrades.The rating agency said the the possible downgrades were prompted by ...

October 15, 2002 Note: Pricing, which occurred Oct. 10, reflects only the senior portion of the transaction, which has an A/B structure. Class Amt ($mln) Sub. Level (%) Avg. Life (yrs) Rating S&P Rating Fitch Rating Moody's Price Talk (bp) ...

  Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnS&PNewRatingS&POldRatingReason for Rating ActionBear Stearns Commercial Mortgage Securities Trust, 2004-PWR3958.21,108.0B26.3AA+AA-Increased subordination; defeasance (6 percent of pool)---C12.5AAAA--COMM, 2005-LP51,720.01,790.0GMB-127.5AAABBBDefeasance of GM Building loan---GMB-228.0AAABBB-----GMB-316.2AAABBB--