Class F of GMAC Commercial Mortgage Securities Inc.'s mortgage pass-through certificates, series 2001-FL1, has been downgraded from Caa2 to Ca by Moody's Investors Service.In addition, Moody's affirmed or confirmed the ratings of two other classes in the deal. The rating agency said the certificates are collateralized by two mortgage loans -- the Bank One Center Loan, which accounts for 77.4% of the pool, and the St. Louis Marketplace Loan. Both loans are specially serviced. The downgrade was attributed to permanent interest shortfalls caused by special servicing and liquidation fees. Moody's can be found online at http://www.moodys.com.
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