Moody's Eyes Merrill CMBS Classes

Three classes of Merrill Lynch Mortgage Investors Inc. Office Portfolio Trust commercial mortgage pass-through certificates, series 2001-HRPT, have been placed on review for possible downgrade by Moody's Investors Service.The affected securities are classes F, G, and H. The actions were attributed to deterioration in the performance of Bridgeport Square (17.4% of the pool balance) and Lakewood on the Park (9.0%). Both properties, which are located in Austin, Texas, have experienced decreases in occupancy and rents. The transaction is secured by cross-defaulted and cross-collateralized first mortgage loans on a portfolio of six office properties containing approximately 2.2 million square feet. Moody's can be found online at http://www.moodys.com.