Deal Name: Heller Financial Commercial Mortgage Asset Corp

Royal Bank of Scotland has provided $105 million of financing for the South Plains Mall, a 1.2 million-square-foot shopping center in Lubbock, Texas, that is owned by Macerich Co.The property had been encumbered by a $54 million loan, securitized through ...

Fitch Ratings has downgraded two classes of Heller Financial Commercial Mortgage Asset Corp., 1999-PH1, due to expected losses from loans in special servicing.The rating agency has downgraded the deal's $15.1 million class L to B- from B, and the $7.6 ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnFitchNewRatingFitchOldRatingReason for Rating ActionGMAC Commercial Mortgage Securities Inc., 2004-C1693.7721.4D15.3AA+AADefeasance (14.3 percent of pool)---E8.1AAAA-----F12.6A+A----G8.1A-BBB+-Heller Financial Commercial Mortgage Asset Corp., 1999-PH1770.21,000.0G17.7AA+AAIncreased subordination; defeasance (15.6 percent of pool)---H35.3A-BBB+-Bear Stearns Commercial Mortgage Securities Corp., 2002-TOP8786.4842.2B25.3AAAAADefeasance ---C28.4A+A----D9.5AA--Bear Stearns Commercial Mortgage Securities Corp., ...

Moody's Investors Service has downgraded the $7.6 million class M of Heller Financial Commercial Mortgage Asset Corp., 1999-PH1, to Caa2 from Caa1 because of losses from loans in special servicing.The transaction has had six loan liquidations resulting in $14.2 million ...

Fitch Ratings has upgraded bonds from three CMBS transactions because of improved subordination levels and defeasance.It upgraded six classes of COMM, 2001-J1, which has a balance of $615.4 million, down from $795.3 million at issuance. It upgraded the deal's: - ...

Moody's Investors Service has downgraded two classes of Heller Financial Commercial Mortgage Asset Corp., 1999 PH-1, because of expected losses from loans in special servicing. The deal's collateral balance is $838.9 million, compared with $1 billion at issuance. In addition, ...

April 27, 2005 Moody's Investors Service has downgraded the $9.6 million class M of Heller Financial Commercial Mortgage Asset Corp., 2000 PH-1, to Caa1 from B3 because of losses. The deal has so far suffered $5.5 million of losses from ...

March 8, 2005 Fitch Ratings has upgraded the $47.8 million class C of Heller Financial Commercial Mortgage Asset Corp., 2000-PH1, to double-A-minus from single-A-plus because of improved subordination levels. The deal's collateral balance is $84.57 million, down from $957 million ...

November 12, 2003 Moody's Investors Service has upgraded two classes of Heller Financial Commercial Mortgage Asset Corp., 1999 PH-1, because their subordination levels have improved since issuance.The rating agency upgraded the deal's:– $22.7 million class B to Aaa from Aa1; ...

November 5, 2003 Fitch Ratings has upgraded two classes of Heller Financial Commercial Mortgage Asset Corp., 1999 PH-1, because of the collateral pool's improved performance and an increase in subordination levels.The rating agency upgraded the deal's:– $20.2 million class C ...