LNR Partners: Fitch: No Rating Impact on CGCMT 2013-GC17 from Issuance of Preferred Equity

(4-traders.com) Fitch Ratings has been informed of a consent by the special servicer, LNR Partners, LLC, to permit the issuance of an $18 million preferred equity position in the current borrower for the largest loan, Ernst and Young Tower, in the transaction, Citigroup Commercial Mortgage Trust 2013-GC17 (CGCMT...http://www.4-traders.com/news/Fitch-No-Rating-Impact-on-CGCMT-2013-GC17-from-Issuance-of-Preferred-Equity--21444308/