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Standard & Poor's has upgraded 11 classes of PNC Mortgage Acceptance Corp., 2000-C2, because of improved subordination levels. The deal's balance is $972 million, compared with $1.1 billion at issuance. In addition, eight loans totaling $115.2 million have been defeased, ...
April 4, 2005Moody's Investors Service has upgraded six classes of PNC Mortgage Acceptance Corp., 2000-C2, because subordination levels have improved. The deal's balance is $984.2 million, down from $1.1 billion at issuance. Another 9 percent of the collateral pool has ...
March 1, 2005 Fitch Ratings has downgraded three classes of Salomon Brothers Mortgage Securities VII Inc., 2000-C2, because of expected losses from loans in special servicing. The rating agency downgraded the deal's: – $5.9 million class L to single-B-minus from ...
February 1, 2005 Moody's Investors Service has downgraded five classes of Salomon Brothers Mortgage Securities VII Inc., 2000-C2, because of losses from loans in special servicing. The rating agency downgraded the deal's: – $13.7 million class J to B3 from ...
October 8, 2004 Standard & Poor's has downgraded three classes of GMAC Commercial Mortgage Securities Inc., 2000-C2, because of expected losses from loans in special servicing.But improved subordination levels, resulting from a reduction in the deal's pool balance to $730.2 ...
June 23, 2004 First Union Real Estate Equity and Mortgage Investments (NYSE:FUR) has completed its $77.5 million sale of the Park Plaza Mall in Little Rock, Ark.CBL & Associates Properties Inc. (NYSE:CBL) purchased the 548,121-square-foot property, which is encumbered by ...
May 12, 2004 First Union Real Estate Equity and Mortgage Investments (NYSE:FUR) has reached an agreement to sell the Park Plaza Mall in Little Rock, Ark., for $77.5 million.The 548,121-square-foot mall is one of two property assets left on First ...
April 6, 2004 Standard & Poor's has downgraded two classes of First Union National Bank Commercial Mortgage Trust, 2000-C2, while upgrading another three classes.The rating agency downgraded the deal's:– $38.6 million class H to double-B from double-B-plus; and– $8.6 million ...
September 19, 2003 Standard & Poor's has downgraded four classes of First Union National Bank Commercial Mortgage Trust, 2000-C2, because interest shortfalls are expected to hit the classes for as long as the next two years.. The rating agency downgraded ...
August 8, 2003 Fitch Ratings has downgraded the $4.1 million class N of GMAC Commercial Mortgage Securities Inc., 2000-C2, to single-D from single-C because the class has suffered a principal loss.The loss is attributed to the liquidation of two collateral ...
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