Key Comm'l Mtge's Servicer Ratings Affirmed By Fitch IBCA.Business Editors NEW YORK--(BUSINESS WIRE)--March 16, 2000 Key Commercial Mortgage's commercial mortgage servicer ratings are affirmed by Fitch IBCA IBCA International Braille Chess Association IBCA Institute of Burial and Cremation Administration IBCA Integrated Business Communications Alliance IBCA International Barbeque Cookers Association IBCA Department of Interior Board of Contract Appeals as follows: the primary servicer rating at `CPS3'; master servicer rating at `CMS (1) See content management system and color management system. (2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system. 3'; and special servicer rating at `CSS3'. Key Commercial Mortgage is the successor to National Realty Funding L.C. (NRF), based on the acquisition of NRF by Key Corporate Capital Inc. (KCCI KCCI Karachi Chamber of Commerce and Industry KCCI Korean Chamber of Commerce and Industry KCCI Karnataka Chamber of Commerce and Industry (India) ), a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Key Bank N.A. Key Commercial Mortgage is a division of Key Commercial Real Estate, which is a division of KCCI. Key Bank is the 12th largest U.S. bank and is owned by Cleveland, OH based Key Corp. The acquisition includes all of NRF's servicing operations and servicing contracts. The company will continue to operate out of Kansas City, MO. There are no anticipated changes to NRF's staff or operations. Key Commercial Mortgage is the primary, master, and special servicer on three CMBS CMBS See: Commercial Mortgage Backed Securities transactions. For more information about Fitch IBCA's commercial mortgage servicer ratings or rating criteria, refer to the report titled `Commercial Mortgage Servicer Rating Criteria', dated Oct. 28, 1999, available on Fitch IBCA's web site, `www.fitchibca.com'. |
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