Two classes of DLJ Mortgage Acceptance Corp.'s commercial mortgage pass-through certificates, series 1997-CF2, have been downgraded by Standard & Poor's.The downgrades were as follows: class B-4, from CCC-plus to CCC-minus; and class B-5, from CCC-minus to D. S&P attributed the downgrades to appraisal reductions and special servicing fees that have caused interest shortfalls. Interest shortfalls are expected to continue in class B-5, with no near-term recovery expected, while class B-4 "does not appear to be permanently impaired," the rating agency said. S&P can be found online at http://www.standardandpoors.com/ratings.
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