Standard&Poor's Ratings Services revised the outlook to developing on its 'A' rating on Maricopa County Industrial Development Authority, Ariz.'s multifamily housing revenue refunding bonds, series 1998 A and B (Coral Point Apartments&Jackson Park Place II). The outlook revision reflects: A change in property management to Sentinel Real Estate Corporation (Sentinel), an experienced real estate advisory firm with extensive property management experience; A change in the borrower's general partner to Omaha Coral Point Apartments LLC, a special-purpose entity organized in accordance with Standard&Poor's criteria; The financial strength of the properties, as indicated by consolidated debt service coverage of 1.95x maximum annual debt service (MADS) on the rated bonds as of Dec. 31, 2006. Additionally, the
