Fitch Ratings announced on Wednesday that the $190mn StratReal Industrial Portfolio I in BACM 2007-1 entered special servicing after struggling with weak underlying performance for two years.

The loan is the third largest behind Banc of America Commercial Mortgage Trust, 2007-1, consisting of 8.5% of the collateral pool. With this latest transfer, the top three loans in the deal are now with the special servicer (30.6% of the pool is made up of those three loans), Trepp analysts said in a report on Wednesday.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.