Standard & Poor's has placed three classes of GMAC Commercial Mortgage Securities Inc., 1999-CTL1, on creditwatch with positive implications because a large chunk of the deal's collateral is being defeased, improving its credit profile.The rating agency said it expects 24 ...
Standard & Poor's has upgraded four classes of GMAC Commercial Mortgage Securities Inc., 1999-CTL1, because of improved subordination levels. The deal's balance is $155.5 million, compared to $386 million at issuance.The rating agency upgraded the deal's: - $8.7 million class ...
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