Fitch Places BACM, Series 2005-4 on Watch Negative

CHICAGO--(Business Wire)--
Fitch Ratings places 14 classes of Banc of America Commercial Mortgage Inc.'s
(BACM) commercial mortgage pass-through certificates, series 2005-4 on Rating
Watch Negative. A detailed list of rating actions follows at the end of this
press release.

The Negative Watch is due to the expected transfer and recent transfer to
special servicing of the largest and third largest loans in the transaction,
Pacific Arts Plaza (7.2% of the pool) and Renaissance Baltimore Harborplace
(6.9%).

The Pacific Arts Plaza loan is secured by an 825,061 square foot (sf) office
property located in Costa Mesa, CA. Occupancy has declined significantly since
issuance and the sponsor, Maguire Properties, L.P., has indicated that it will
no longer continue to fund the cash shortfall associated with the mortgage.

The Renaissance Baltimore Harborplace loan is secured by a 622 room hotel
located in Baltimore, MD. Revenue per available room (RevPAR) at the property
has declined since issuance and the sponsor, Sunstone Hotel Investors, Inc., has
indicated default may be imminent.

Fitch will resolve the Negative Watch status as more information becomes
available, including workout strategies and valuations. As this transaction's
performance is similar to recent vintages, Fitch's review will follow the
surveillance methodology referenced in Fitch's amended criteria for analyzing
recent vintage U.S. CMBS. This criteria can be found in the July 8, 2009 report,
'Surveillance Methodology for Recent Vintage U.S. CMBS', which is available on
Fitch's web site at 'www.fitchratings.com'.

Fitch places the following classes on Rating Watch Negative:

--$97.1 million class A-J 'AAA';

--$31.7 million class B 'AA';

--$15.9 million class C 'AA-';

--$29.7 million class D 'A';

--$17.8 million class E 'A-';

--$19.8 million class F 'BBB+';

--$17.8 million class G 'BBB-';

--$23.8 million class H 'BB+';

--$7.9 million class J 'BB';

--$7.9 million class K 'B+';

--$7.9 million class L 'B';

--$4 million class M 'B-';

--$5.9 million class N 'CCC/RR1';

--$5.9 million class O 'CCC/RR2'.

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, Chicago
Ryan Frank, 312-368-3133
Britt Johnson, 312-606-2341
or
Media Relations:
Sandro Scenga, 212-908-0278, New York
Email: sandro.scenga@fitchratings.com

Copyright Business Wire 2009