Three classes of Lehman Brothers Floating Rate Commercial Mortgage Trust commercial mortgage pass-through certificates, series 2005-LLF C4, have been downgraded by Moody's Investors Service.The downgrades were as follows: class H, from Baa1 to Baa2; class J, from Baa2 to Baa3; and class K, from Baa3 to Ba2. Moody's also confirmed or affirmed the ratings on 13 other classes in the deal. The rating agency attributed the downgrades to the poor performance of four of the 10 loans collateralizing the certificates. The four loans, representing 40.7% of the pool balance, are: the IMT Central Florida Portfolio Loan; the Genesee Valley Center Loan; the Fairfield Inn by Marriott Portfolio Loan; and the Kaminski Minnesota Portfolio Loan.
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