Two classes of J.P. Morgan Chase Commercial Mortgage Securities Corp.'s commercial mortgage pass-through certificates, series 2001-CIBC1, have been downgraded by Fitch Ratings.Class K was downgraded from B-minus to CCC/DR1, and class L was downgraded from CC/DR4 to C/DR6. Fitch also upgraded two classes in the deal and affirmed the ratings on nine other classes. The rating agency attributed the downgrades to expected losses on two specially serviced loans. Fitch can be found online at http://www.fitchratings.com.
Fitch Downgrades JPMorgan CMBS Classes
June 18, 2007, 2:00 p.m. EDT 1 Min Read
