...October 30, 2020 OVERVIEW - DBWF 2015-LCM Mortgage Trust is a U.S. single-borrower CMBS transaction, backed by a portion of an 11-year, fixed-rate, amortizing mortgage whole loan secured by the borrower's fee simple and leasehold interests in Lakewood Center, a 2.07 million-sq.-ft. regional mall in Lakewood, Calif. - We lowered our ratings on two classes and affirmed our ratings on six other classes from the transaction. - The downgrades and affirmations reflect our analysis of the collateral's credit characteristics and performance, the transaction's structure, and the liquidity available to the trust. CENTENNIAL (S&P Global Ratings) Oct. 30, 2020--S&P Global Ratings today lowered its ratings on two classes of commercial mortgage pass-through certificates from DBWF 2015-LCM Mortgage Trust, a U.S. CMBS transaction. In addition, we affirmed our ratings on six other classes from the same transaction (see list). RATING ACTIONS The downgrades on classes E and F reflect our reevaluation of the...
