JPMorgan CMBS Class Off Watch

Class G of JP Morgan Chase Commercial Securities Corp. series 2001-A has been removed from Rating Watch Negative by Fitch Ratings. Fitch also affirmed the ratings on seven other classes in the transaction. The removal of class G from Rating Watch was attributed to "the pending modification of the largest loan in the transaction," which had been transferred to special servicing due to a maturity default. The borrower is negotiating with the special servicer on a loan extension, Fitch reported. A majority of the collateral (54.8%) consists of retail properties, and 9.8% consists of health care properties, the rating agency said.

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