Saturday, December 18, 2010

Fitch Downgrades CGCMT 2006-C5; Affirms 'AAA' Classes

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has downgraded 12 classes of Citigroup Commercial Mortgage Trust 2006-C5, commercial mortgage pass-through certificates, due to further deterioration of performance, most of which involves increased losses on the specially serviced loans. A detailed list of rating actions follows at the end of this release. The downgrades reflect an increase in Fitch ...
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