Fitch Affirms G-FORCE 2005-RR2.

NEW YORK -- Fitch has affirmed all classes of G-FORCE 2005-RR2 LLC, commercial mortgage-backed securities pass-through certificates, series 2005-RR2 as follows:

--$18.1 million class A-1 at 'AAA';

--$150.0 million class A-2 at 'AAA';

--$250.0 million class A-3FL at 'AAA';

--$50.0 million class A-4A at 'AAA';

--$58.5 million class A-4B at 'AAA';

--Interest-only class X at 'AAA'

--$64.9 million class B at 'AA';

--$47.4 million class C at 'A';

--$17.5 million class D at 'A-';

--$21.2 million class E at 'BBB+';

--$23.7 million class F at 'BBB';

--$31.2 million class G at 'BBB-';

--$20.0 million class H at 'BB+';

--$12.5 million class J at 'BB';

--$11.2 million class K at 'BB-';

--$12.5 million class L at 'B+';

--$11.2 million class M at 'B';

--$10.0 million class N at 'B-'.

Fitch does not rate the $76.7 million class O certificates.

G-FORCE 2005-RR2 is a static commercial mortgage-backed securities (CMBS) resecuritization which closed August 24, 2005. G Funds Asset Management, LLC, of which the sole members are Capmark Investments, LP (rated 'CAM1' by Fitch) and Goff Moore Strategic Partners, LP, serves as the collateral administrator.

The affirmations reflect the expected performance of the underlying collateral. The certificates are collateralized by all or a portion of 126 classes of fixed rate CMBS in 23 separate underlying transactions and one whole loan REMIC. Approximately 13.5% of the par value represents first loss classes within their respective transactions.

Since Fitch's last review, 8.03% of the portfolio was upgraded and 0.46% was downgraded. Based on Fitch's actual rating or on Fitch's internal credit assessment for those classes not rated by Fitch, the weighted average rating factor (WARF) of the underlying bonds has remained stable in the 'B+/B' category since last review, but has worsened from the 'BB-/B+' category since issuance.

Since Fitch's last review in August 2006 (and as of the April 2007 trustee report), the transaction has been reduced by 5.7%, of which 1.3% were realized losses to the class O and 4.4% were repayments to the class A-1. Since issuance, realized losses of $37.9 million (3.8% of the collateral) have been absorbed by the class O and repayments of $72.2 million (7.2% of the collateral) have lowered the class A-1 liabilities. According to the asset manager, additional losses are anticipated. Taking into account the current anticipated losses, the credit enhancement levels for all classes are sufficient at this time to maintain the current ratings. If realized losses on the underlying collateral or the pace of transfers to special servicing exceed Fitch's current expectations, Fitch will revisit its ratings.

Delinquencies in the underlying transactions are as follows: 30 days (0.2%); 60 days (0.1%); 90 days or more (0.1%); foreclosure (0.2%) and REO (0.1%). The total of 90+days, in foreclosure, and REO has declined by 80.2% between February 2006 and October 2006, but has increased by 33.8% between November 2006 and April 2007.

The ratings on the class A-1, A-2, A-3FL, A-4, and A-4B address the likelihood that investors will receive full and timely payment of interest, as per the governing documents, as well as the stated balance of principal by the legal final maturity date. The ratings on the class B, C, D, E, F, G, H, J, K, L, M, N, and O address the likelihood that investors will receive ultimate and compensating interest payments, as per the governing documents, as well as the stated balance of principal by the legal final maturity date. The ratings on the interest-only class X address only the likelihood of receiving interest payments while principal on the related certificates remain outstanding.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.derivativefitch.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site. Fitch means Fitch, Inc., Fitch Ratings, Ltd. and their subsidiaries including Derivative Fitch, Inc. and Derivative Fitch Ltd. and any successor or successors thereto.