Fitch downgrades JPMBB 2015-C32, affirms JPMBB 2015-C33
Fitch downgraded JPMBB 2015-C32 and affirmed JPMBB 2015-C33. It cited realized principal losses and interest shortfalls in the two CMBS transactions.
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Fitch downgrades JPMBB 2015-C32 CMBS ratings
Fitch downgraded all five classes of JPMBB Commercial Mortgage Securities Trust 2015-C32 and revised Class A-5’s outlook to Stable. It also affirmed the ratings and outlooks on seven classes of JPMBB Commercial Mortgage Securities Trust 2015-C33.