New York, June 18, 2013 -- Moody's Investors Service (Moody's) was informed that KeyCorp Real Estate Capital Markets, Inc. (KRECM) entered into a series of agreements to purchase substantially all of Bank of America, N.A's (Bank of America) commercial mortgage-backed securities servicing portfolio (the CMBS Servicing Portfolio). Simultaneously with the closing of the purchase of Bank of America's servicing portfolio, KRECM will enter into a long-term sub-servicing agreement with Berkadia Commercial Mortgage LLC (Berkadia) pursuant to which Berkadia will service the CMBS Servicing Portfolio. The Proposed Transfer will become effective upon satisfaction of the conditions precedent set forth in the governing documents.

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