Following is a list of recent downgrades by Fitch Ratings:
Deal Name |
Current |
Orig. |
DXMark (collateral value, % of par)* |
Class |
Size |
Fitch's |
Fitch's |
Notes |
Prudential Commercial Mortgage Trust, 2003-PWR1 |
718.1 |
960.0 |
90.7 percent (76.6 percent of deal priced) |
C |
|
AA |
AAA |
Fitch has modeled losses of $36.9 million for the remaining pool. A total of five loans with a balance of $36.8 million are in special servicing. Fitch said "current cumulative interest shortfalls totaling $1.3 million are affecting classes H through P," and it "expects losses upon disposition of the asset based on valuations obtained by the special servicer." |
- |
- |
- |
|
D |
|
A |
AAA |
- |
- |
- |
- |
|
E |
|
BBB- |
AA |
- |
- |
- |
- |
|
F |
|
BB |
A+ |
- |
- |
- |
- |
|
G |
|
B- |
A |
- |
- |
- |
- |
|
H |
|
CC |
BB |
- |
- |
- |
- |
|
J |
|
C |
B |
- |
- |
- |
- |
|
K |
|
C |
B- |
- |
- |
- |
- |
|
L |
|
C |
CCC |
- |
GE Commercial Mortgage Corp., 2005-C1 |
1,040.0 |
1,670.0 |
90.3 percent (92.1 percent of deal priced) |
H |
|
CC |
CCC |
Fitch has modeled losses of $54.5 million for the remaining pool. A total of six loans with a balance of $96.2 million are in special servicing. Fitch said "interest shortfalls are affecting classes F through P." |
Wachovia Bank Commercial Mortgage Trust, 2005-C19 |
1,040.0 |
1,610.0 |
96.8 percent (98.5 percent of deal priced) |
H |
|
B- |
BB |
Fitch has modeled losses of $62.4 million for the remaining pool. A total of three loans with a balance of $49.9 million are in special servicing. Fitch said "interest shortfalls are currently affecting classes O and... |

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