The second-largest CMBS loan called Beacon Capital Partners Seattle & D.C. portfolio, was modified, according to a Standard & Poor's report.

Details of the modification are expected to be available within the next 30 days. The key features of the modification include a five-year extended maturity date to May 7, 2017, the pay rate will use reduced coupon (from 5.797% to 3%) triggering shortfalls.

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