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Fitch Ratings has downgraded the $4.1 million class L of Bear Stearns Commercial Mortgage Securities, 1999-WF2, to C from CC because of expected losses from loans in special servicing.Those losses, the rating agency said, were expected to deplete the deal's ...
Fitch Ratings has downgraded the $4.1 million class L of Bear Stearns Commercial Mortgage Securities, 1999-WF2, to double-C from triple-C because of the expectation that its subordination level will shrink.The rating agency said three loans totaling 2.47 percent of the pool balance are in special servicing. ...
December 21, 2004 Moody's Investors Service has upgraded five classes of Bear Stearns Commercial Mortgage Securities Inc., 1999-WF2, because subordination levels have improved. The deal's balance is $866.3 million, down from $1.1 billion at issuance. In addition, seven loans totaling ...
September 10, 2003 Fitch Ratings has downgraded two classes of Bear Stearns Commercial Mortgage Securities, 1999-WF2, because of expected losses from collateral loans that are in special servicing.The rating agency downgraded the deal's:– $10.8 million class K to single-B-minus from ...
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