Fitch Affirms Archon Group's Special Servicer Rating at 'CSS1'

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Tue Jan 15, 2008 12:40pm EST

CHICAGO--(Business Wire)--Fitch Ratings affirms Archon Group, L.P.'s (Archon) commercial
mortgage special servicer rating at 'CSS1'. The rating reflects
Archon's highly experienced asset management and special servicing
team and its ability to successfully work out, manage, and resolve
CMBS mortgage loans. The rating also considers Archon's excellent use
of technology, its active involvement in real estate markets, and the
strong support of its parent company, The Goldman Sachs Group, Inc.

   As of Dec. 31, 2007, Archon was named special servicer on two CMBS
transactions, totaling approximately $48 million.

   Fitch rates commercial mortgage primary, master, and special
servicers on a scale of 1 to 5, with 1 being the highest rating.
Within each of these rating levels, Fitch further differentiates
ratings by plus (+) and minus (-) as well as the flat rating. For more
information about Fitch commercial mortgage servicer ratings or rating
criteria, refer to the report titled 'U.S. Commercial Mortgage
Servicer Rating Criteria' dated Sept. 14, 2007, which is available on
Fitch's web site at www.fitchratings.com.

   Fitch's rating definitions and the terms of use of such ratings
are available on the agency's public site, www.fitchratings.com.
Published ratings, criteria and methodologies are available from this
site, at all times. Fitch's code of conduct, confidentiality,
conflicts of interest, affiliate firewall, compliance and other
relevant policies and procedures are also available from the 'Code of
Conduct' section of this site.

Fitch Ratings
Richard Carlson, +1-312-606-2373 (Chicago)
Jeff Wagner, +1-646-478-6592 (Kansas City)
Media Relations:
Sandro Scenga, +1-212-908-0278 (New York)

Copyright Business Wire 2008
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