Two classes of GMAC Commercial Mortgage Securities Inc.'s mortgage pass-through certificates, series 2000-C1, have been downgraded by Fitch Ratings.Class M was downgraded from CCC to CC, and class N was downgraded from CC to D. Fitch also affirmed the ratings on 13 other classes in the transaction. The downgrades were attributed to expected losses on several specially serviced loans. Six loans are in special servicing, including four that are 90 days delinquent and one that is real estate owned. Fitch can be found online at http://www.fitchratings.com.
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