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Friday, February 21, 2014

Fitch Downgrades 2 Classes of LBUBS 2006-C1

... which is secured by four office buildings totaling approximately 401,000 sf located in Nassau County and Suffolk County, NY. The servicer-reported DSCR dropped to 0.77x at year end 2012, down from 1.44x at year end 2010. Consolidated occupancy ...

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