Fitch Downgrades 7 Subordinate Classes of MSCI 2008-TOP29; Affirms S...

01/06/12

Fitch Downgrades 7 Subordinate Classes of MSCI 2008-TOP29; Affirms Super Sr ...
MarketWatch (press release)
The loan was previously transferred to special servicing in January 2010 due to payment default and cash flow issues which resulted from the property's third-largest tenant at issuance (19% NRA) filing for bankruptcy and vacating in 2009. ...