• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
GMAC Commercial Mortgage Securities Inc. Series 2002-C2 Ratings Lowered On Six Classes; Nine Affirmed Product Image

GMAC Commercial Mortgage Securities Inc. Series 2002-C2 Ratings Lowered On Six Classes; Nine Affirmed

  • Published: March 2011
  • Standard & Poors

Abstract
OVERVIEW We lowered our ratings on six U.S. CMBS classes from GMAC Commercial Mortgage Securities Inc.'s series 2002-C2. At the same time, we affirmed our ratings on nine other classes from the same transaction. The downgrades and affirmations reflect our analysis of the collateral in the pool, the deal structure, and the liquidity available to the trust. Our rating actions are tempered by the volume of non-defeased loans that are scheduled to mature through July 2012 (56.7% of the trust balance). NEW YORK (Standard & Poor's) March 21, 2011--Standard & Poor's Ratings Services today lowered its ratings on six classes of commercial mortgage-backed securities (CMBS) from GMAC Commercial Mortgage Securities Inc.'s series 2002-C2. In addition, we affirmed our ratings on

Article Type:NEWS,RATING_ACTION
Companies mentioned in this report are: GMAC Commercial Mortgage Securities, Inc.
Action: Affirmed
Action: Downgraded

GMAC Commercial Mortgage Securities, Inc.

Format Properties
Electronic The report will be emailed to you.
Note: Product cover images may vary from those shown
More

RELATED PRODUCTS