Moody’s rating action reflects a base expected loss of 71.9% of the current pooled balance, compared to 82.3% at Moody’s last review. The second largest specially serviced loan is the 126-130 Main Street ($9.8 million — 26.9% of the pool), which is secured by two mixed-use buildings in downtown New Canaan, Connecticut, located eight miles north of downtown Stamford.
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