Deal Name: Series 1999-FNV1

Following is a list of recent downgrades by Fitch Ratings: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Fitch's New Rating Fitch's Old Rating Notes Bear Stearns Commercial Mortgage ...

Commercial Real Estate Direct Staff ReportC-III Asset Management, the former Centerline Servicing, has foreclosed on a $65 million loan backed by the W San Diego hotel.The loan, which is securitized through Bear Stearns Commercial Mortgage Securities Trust, 2006-TOP24, was moved ...

Commercial Real Estate Direct Staff ReportG5 Global Partners, a San Diego investment group, has acquired and foreclosed on a $9.9 million loan backed by the 182-room Ramada Plaza Hotel Circle South in that city.The loan, which was securitized through Morgan ...

Commercial Real Estate Direct Staff ReportA CMBS special servicer has put a $9.9 million loan against a 182-room hotel in San Diego on the sales market two months after the property's owner filed for bankruptcy and more than a year ...

Fitch Ratings has downgraded two classes of Morgan Stanley Capital I Inc., 1999-FNV1, due to expected losses from two loans in special servicing.The loans, totaling $10.6 percent of the pool, have been placed with special servicer KeyBank. A $7.7 million ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnFitchNewRatingFitchOldRatingReason for Rating ActionCredit Suisse First Boston, 2001-CF2849.61128.0E16.4AAAAAIncreased subordination and defeasance---F18.9AA-A----G14.0AA-----H16.4BBB+BBB-Morgan Stanley Capital I Inc., 1999-FNV1509.5632.1G20.5A-AAAIncreased subordination and defeasanceGE Capital Commercial Mortgage Corp., 2002-31110.01170.0E14.6AAAAA+Increased subordination and defeasance---F10.2AAAAA----G17.6AAA+----H11.7A+A----J27.8BBB+BBB----K10.2BBBBBB-----L8.8BBB-BB+-Credit Suisse First Boston, 2003-CK2942.51000.0F12.4AAAAAIncreased subordination and defeasance---G19.8AAA+----H14.8A+A----J17.3ABBB+----K17.3BBB+BBB----L4.9BBBBBB-----M13.6BBBB-----N6.2B+B----O4.9BB--Bear Stearns Commercial Mortgage ...

March 1, 2005 Fitch Ratings has downgraded three classes of Morgan Stanley Capital 1 Inc., 1999-FNV1, because of expected losses from loans in special servicing. The rating agency downgraded the deal's: – $6.3 million class L to triple-C from single-B-minus, ...

February 4, 2004 Fitch Ratings has downgraded three classes of Morgan Stanley Capital 1 Inc., 1999-FNV1, because of expected losses from loans in special servicing.The rating agency downgraded the deal's:– $7.9 million class K to single-B from single-B-plus;– $6.3 million ...

October 1, 2002 Fitch Ratings has downgraded the $9.5 million class N of Morgan Stanley Capital I Inc., 1999-FNV1, to double-C from triple-C, because of expected losses from loans currently in special servicing. The rating agency also affirmed the other ...