Fitch Takes Actions on Citigroup CMT Ratings

Fitch has taken various rating actions on Citigroup Commercial Mortgage Trust, Series 2006-FL2, including placing on Rating Watch Negative two classes. Fitch placed on RWN the $2 million class RAM-1 and the $2.4 million class RAM-2, citing the "declining performance of the Radisson Ambassador Plaza Hotel and Casino" in San Juan, Puerto Rico, which failed to recover as expected after its occupancy and average daily rate were affected by renovation between October 2005 and May 2006. The rating agency also upgraded class MVP to AAA from BBB- and affirmed the ratings of several other classes.

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