DBRS Releases November Global Monthly CMBS Surveillance Report

DBRS has today released its global Monthly CMBS Surveillance Report for November 2008. The report provides updated statistics for all DBRS-rated transactions in the United States, Canada and Europe. In addition, the report includes commentary from DBRS analysts on specially serviced loans, large watchlisted loans and any collateral changes from the previous reporting period.

Issuing the report monthly is another way that DBRS hopes to increase the transparency into its ratings process as it reflects the work and analysis that DBRS conducts each month on its rated transactions. It is not meant to replace the in-depth performance update reports that DBRS publishes on its rated CMBS transactions or the Annex A Advisor tool.

The global Monthly CMBS Surveillance Report can be found in the Securitization Servicer Reports section under Research on the DBRS website at www.dbrs.com.

Notes:

The applicable methodology is CMBS Rating Methodology, which can be found on our website under Methodologies.

This is a Structured Finance rating.