Moody's: COMM 2012-CCCREI, COMM 2012-CCRE2 & COMM 2012-CCRE3 Ratings Unaffected by the Proposed Partial Release of Collateral of Crossgates Mall

New York, October 22, 2014 -- Moody's Investors Service (Moody's) was informed that Crossgates Mall General Company NewCo, LLC, the borrower, has requested to release a non-income producing portion of the Crossgates Mall property in Albany, New York to develop and construct additional mall space devoted to entertainment and food uses. Moody's has reviewed the partial release of collateral transaction and has determined that this proposed partial release of collateral will not, in and of itself, and at this time, result in a downgrade or withdrawal of the current ratings to any class of certificates rated by Moody's for COMM Mortgage Trust 2012-CCRE1, Commercial Mortgage Pass-Through Certificates, Series 2012-CCRE1, Commercial Mortgage Pass-Through Certificates, Series 2012-CCRE2 and COMM Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2012-CCRE3.

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