The rating on class F of GMAC Commercial Mortgage Securities Inc.'s mortgage pass-through certificates, series 2002-FL-1, has been affirmed at BB and removed from Rating Watch Negative by Fitch Ratings.In addition, Fitch upgraded three other classes in the deal and affirmed the rating on one. The rating agency noted that class F was originally placed on Rating Watch Negative due to concerns about the Infomart loan, which now represents about 85% of the pool and is secured by a class A office building in Dallas with approximately 1.2 million square feet of space. "In May 2005, the loan was transferred to the special servicer, which has indicated an October 2005 resolution with no loss to the trust debt," Fitch said.
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