Fitch Ratings has downgraded one class and affirmed 21 classes of Bear Stearns Commercial Mortgage Securities Trust, series 2007-PWR16 commercial mortgage pass-through certificates.

The downgrade reflects an increase in expected losses primarily due to updated property valuations on the specially serviced loans. Expected losses on the original pool balanced totaled 14.6%, while Fitch modeled losses of 14.8% for the remaining pool.

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