Deal Name: Series 1999-C1

Fitch Ratings has upgraded the $86.7 million class D of GMAC Commercial Mortgage Securities, 1999-C1, to A+ from A after several loans were defeased or replaced with government securities. The transaction has a balance of $1.1 billion, compared with $1.3 ...

Moody's Investors Service has upgraded three classes of First Union Commercial Mortgage Securities Inc., 1999-C1, because of improved subordination levels. The deal's collateral balance is $936.9 million compared with $1.2 billion at issuance. In addition, 32 loans totaling 21.9 percent ...

Moody's Investors Service has downgraded two classes of Commercial Mortgage Acceptance Corp., 1999-C1, because of losses from loans in special servicing.The trust has suffered $1 million in losses. And 10 loans totaling 5.3 percent of the deal's balance are in ...

Moody's Investors Service has upgraded four classes of GS Mortgage Securities Corp. II, 1999-C1, because of improved subordination levels.The deal's collateral balance is $647.9 million compared with $890.6 million at issuance. Six loans totaling 3.2 percent of the deal have ...

The Arlington, Va., REIT has paid off, through defeasance, $300 million of CMBS by refinancing 18 of the collateral properties with $327 million of new debt provided by Lehman Brothers. Moody's earlier this week had upgraded the CMBS deal because ...

Standard & Poor's has upgraded six classes of GS Mortgage Securities Corp. II, 1999-C1, because of improved subordination levels.The transaction's collateral balance is $647.9 million, compared with $890.6 million at issuance. Another six loans totaling $20.8 million have been defeased, ...

Standard & Poor's last week upgraded four classes of First Union Commercial Mortgage Trust, 1999-C1, because subordination levels have improved. In addition, the rating agency cited the defeasance of 16 percent of the pool's collateral balance, which stands at $956.4 ...

May 2, 2005Moody's Investors Service has downgraded two classes of Credit Suisse First Boston Mortgage Securities Corp., Series 1999-C1, because of estimated loses. The deal's balance is down to $1.02 billion from $1.17 billion at securitization.It downgraded the deal's:– $15.8 ...

The Toronto company has purchased the Bank of America Plaza in Las Vegas from Molasky Group. The sale was facilitated partly by Molasky's defeasance of a securitized $31 million mortgage.

April 13, 2005 Fitch Ratings has downgraded two classes from Credit Suisse First Boston Mortgage Securities Corp., 1999-C1, because of losses from loans in special servicing.The rating agency downgraded the deal's: – $11.7 million class J to single-B-plus from double-B-minus ...