Three classes of Wachovia Bank Commercial Mortgage Trust commercial mortgage pass-through certificates, series 2005-C20, have been downgraded by Moody's Investors Service. The downgrades were as follows: class F, from Baa1 to Baa2; class G, from Baa2 to Baa3; and class H, from Baa3 to Ba2. Moody's also placed classes D, E, F, and G on review for possible downgrade. The negative rating actions were due to expected losses associated with the specially serviced Macon & Burlington Mall Pool Loan, the rating agency said. The loan is secured by the borrower's interest in two regional malls, one in Macon, Ga., and the other in Burlington, N.C.
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