NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded five classes of Concord Real Estate CDO 2006-1, Ltd/LLC (Concord 2006-1). Fitch's performance expectation incorporates prospective views regarding commercial real estate market value and cash flow declines. A detailed list of rating actions follows at the end of this release. KEY RATING DRIVERS The collateralized debt obligation (CDO) is very concentrated with only 10 assets remaining. Since Fitch's last rating action, classes A-1 and A-2 ha
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