DBRS Assigns Evaluation of Adequate to Special Servicing Capabilities of ZAIS Servicing Asset Management LLC

DBRS has assigned an evaluation of Adequate to the Special Servicing capabilities of ZAIS Servicing Asset Management LLC (Z-SAM or the Company). The evaluation is based on the Company’s experienced asset management team, well crafted policies and procedures, commitment to the commercial real estate business from its parent and proactive industry involvement. While the team was established in 2010, the level of staffing supports the Company’s growth plan. The Company has yet to be proven in terms of special servicing and is therefore reflective of an Adequate capacity evaluation.

Z-SAM is a subsidiary of ZAIS Group. The Company was formed in 2010 to take advantage of the
opportunity that presented itself to assist investors with exposure to defaulted commercial real estate assets and optimize recovery.

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

The applicable methodology is DBRS Commercial Mortgage Servicer Evaluations which can be found on our website under Methodologies.