The CPS2 commercial mortgage-backed securities primary servicer rating of Capstone Realty Advisors LLC has been placed on Rating Watch Negative by Fitch Ratings. The rating action was attributed to a notice that the entire senior management team is leaving the company. "In addition, Capstone's parent company, National City Corp., is currently rated A by Fitch with a negative outlook," the rating agency said. Fitch rates commercial mortgage servicers on a scale of 1 to 5, with 1 being the highest rating. Fitch can be found on the Web at http://www.fitchratings.com.
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