Fitch Changes Some COMM Ratings

Fitch Ratings has downgraded the long-term credit rating and distressed recovery rating of one class in COMM's commercial mortgage pass-through certificates, series 2000-C1 while upgrading or affirming the ratings of other classes in the deal.The rating of class N slipped to C/DR6 from CC/DR3 due to "increased loss expectations on the specially serviced assets," Fitch said, adding that, "projected losses on the specially serviced assets are expected to fully deplete [the unrated] class O and significantly impair class N." Fitch raised the ratings of class B through H and affirmed the ratings of class A-1, class A-2, interest-only class X, class J, class K, class L and class M. "The rating upgrades reflect increased credit enhancement due to scheduled amortization and additional defeasance," Fitch said. Fitch Ratings can be found on the Web at http://www.fitchratings.com.