Subject: CMBS Rating Upgrade (UPG)

March 23, 2001 NEW YORK – Moody's Investors Service has upgraded J.P. Morgan Commercial Mortgage Finance Corp., 1997-C4, because of improved credit enhancement levels due to loan prepayments.The rating agency noted that the collateral pool is performing "slightly worse than ...

March 21, 2001 NEW YORK – Standard & Poor's raised its ratings on two classes of J.P. Morgan Commercial Mortgage Finance Corp.'s series, 1995-C1, and affirmed nine other classes in the series.The rating agency raised class B to double-A-plus from ...

Editor's note: This story was updated March 21 to include Moody's specific upgrades, originally published here March 19, but omitted in a later posting. March 20, 2001JOHNSTOWN, Pa. - Moody's Investors Service has upgraded the rating on five classes of ...

March 15, 2001 NEW YORK – Standard & Poor's has raised its ratings on class B in BTR-2 Trust's series BTR, 1999-S1, as a result of significant paydown in the pool's collateral.The rating agency has raised the class to triple-A ...

March 15, 2001 NEW YORK – Fitch has upgraded BTC, BTR Trust, 1999-S1, as a result of collateral loan pay-offs.The rating agency upgraded the deal's – $35.8 million class B to triple-A from triple-A-plus; – the $40.2 million class C ...

March 14, 2001 NEW YORK – Standard & Poor's has upgraded four classes of Structured Asset Securities Corp., 1996-CFL, because of increased credit support levels.The rating agency raised class E to triple-A from double-A; class F to double-A from single-A; ...

March 14, 2001 NEW YORK - Fitch has upgraded two classes of Manufacturers Life Insurance Co.'s commercial mortgage pass-through certificates, series 1996-1.The $12.9 million class E has been upgraded to single-A from double-B, and the $6.2 million class has been ...

March 14, 2001 NEW YORK - Fitch has upgraded three classes of J.P Morgan Commercial Mortgage Finance Corp.'s $315 million commercial mortgage pass-through certificates, series 1996-C3.The $24.1 million class B is upgraded to double-A-plus from double-A. The $26.1 million class ...

March 9, 2001 NEW YORK – Moody's Investors Service has upgraded three tranches of Midland Realty Acceptance Corp., 1996-C2, because loan paydowns has resulted in increased credit enhancement levels.The deal's Class B was upgraded to Aaa from Aa2Class C went ...

February 1, 2001 NEW YORK – Standard & Poor's has raised its ratings on four classes of Chase Commercial Mortgage Securities Corp.'s series 1996-1 and affirmed three other classes.The rating agency has raised class B to double-A-plus from double-A; class ...