Two classes of GE Capital Commercial Mortgage Corp. commercial mortgage pass-through certificates, series 2000-1, have been downgraded by Fitch Ratings.Class I was downgraded from B to B-minus, and class J was downgraded from CCC to C. The rating agency also upgraded five classes in the deal and affirmed the ratings on five others. Fitch attributed the downgrades to decreased credit enhancement due to realized losses and expected losses on loans in special servicing.
GE Cap CMBS Classes Downgraded
March 09, 2006, 3:00 p.m. EST 1 Min Read
