News

S&P Servicer Evaluation: C-III Asset Management LLC

Posted on 10/2/2013 by SuperUser Account in Special Servicing Rating Agency Report

Standard & Poor's Ratings Services' rankings on C-III Asset Management LLC are ABOVE AVERAGE as a commercial mortgage primary servicer and STRONG as a commercial mortgage special servicer. We recently affirmed our overall rankings on C-III to reflect our view of the company's experienced staff, stable track record, effective systems and technology and sound audit and controls. Our ranking also reflects prudent assets-per-asset manager ratios, strong internal controls to address compliance and potential conflicts of interest, and efficient resolutions based on both volumes and time.

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C-III Asset Management LLC Servicer Report

Posted on 8/8/2013 by SuperUser Account in Special Servicing Rating Agency Report

Fitch Ratings has affirmed the commercial mortgage servicer ratings of C-III Asset Management LLC as follows: --Primary servicer rating at 'CPS2'; --Special servicer rating affirmed at 'CSS1-'.

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Morningstar Operational Risk Assessment

Posted on 7/31/2013 by SuperUser Account in Special Servicing Rating Agency Report

Morningstar Credit Ratings, LLC has affirmed its ‘MOR CS1’ ranking on C-III Asset Management LLC (C-III) as a commercial mortgage special servicer. The affirmed ranking and Stable forecast reflect our assessment of C-III’s operational infrastructure and portfolio administration capabilities as a special servicer.

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