DBRS Assigns Interest in Arrears to Classes G through L of MLMT 2005-CIP1

DBRS has today noted that Classes G, H, J, K, and L have interest in arrears.

The transaction now has interest shortfalls that extend up to Class G whereas before the October 2010 reporting date, the shortfalls extended through Class M. The increase in interest shortfalls are due to a new appraisal reduction for the Highwoods Portfolio57 (Prospectus ID#2), of $40 million. The original appraised value of the portfolio is $203 million.

Notes:
All figures are in U.S. dollars unless otherwise noted.

The applicable methodologies are CMBS Rating Methodology and CMBS Surveillance, which can be found on our website under Methodologies.