Fitch Downgrades CSFB 2006-TFL2; Assigns Outlooks, RR and LS …

Fitch identified four loans Loans of Concern within the pool: Kerzner Portfolio (38.3% of pooled trust), Beverly Hilton (15.9%), JW Marriott Starr Pass (8%), and The Westin San Francisco (Argent) (7.8%). … Additional collateral interests consist of sales proceeds from the sale of condominium units, timeshare units, and land parcels. At issuance it was expected that Phase III of the Atlantis Island development would add a 600-room all-suite hotel tower, …

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Fitch Downgrades CSFB 2006-TFL2; Assigns Outlooks, RR and LS …