Fitch Assigns Final Ratings to GS Mortgage Securities Trust, Series 2012-GCJ9 Certificates

Fitch Ratings has assigned the following ratings and Outlooks to Goldman Sachs Commercial Mortgage Capital, L.P., GS Mortgage Securities Trust, series 2012-GCJ9 commercial mortgage pass-through certificates:

--$72,318,000 class A-1 'AAAsf'; Outlook Stable;

--$202,504,000 class A-2 'AAAsf'; Outlook Stable;

--$607,410,000 class A-3 'AAAsf'; Outlook Stable;

--$90,017,000 class A-AB 'AAAsf'; Outlook Stable;

--$1,083,364,000a class X-A 'AAAsf'; Outlook Stable;

--$111,115,000 class A-S 'AAAsf'; Outlook Stable;

--$90,280,000 class B 'AA-sf'; Outlook Stable;

--$57,293,000 class C 'A-sf'; Outlook Stable;

--$57,293,000 class D 'BBB-sf'; Outlook Stable;

--$27,779,000 class E 'BBsf'; Outlook Stable;

--$22,570,000 class F 'Bsf'; Outlook Stable.
a Notional amount and interest only.

Fitch does not rate the $305,564,224 interest-only class X-B or the $50,349,224 class G.

The certificates represent the beneficial ownership in the trust, primary assets of which are 74 loans secured by 135 commercial properties having an aggregate principal balance of approximately $1.39 billion as of the cutoff date. The loans were contributed to the trust by Citigroup Global Market Realty Corp., Goldman Sachs Commercial Mortgage Capital, L.P., Jefferies LoanCore LLC, and Archetype Mortgage Capital.

The presale report is available at 'www.fitchratings.com'.

Additional information is available at 'www.fitchratings.com'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and Related Research:

-'Criteria for Analyzing Multiborrower U.S. Commercial Mortgage Transactions' (Aug. 8, 2012);

-'Criteria for Analyzing Large Loans in U.S. Commercial Mortgage Transactions' (Sept. 26, 2011);

-'Global Structured Finance Rating Criteria' (Aug. 4, 2011);

-'Criteria for Special-Purpose Vehicles in Structured Finance Transactions' (May 30, 2012);

-'U.S. Commercial Mortgage Servicer Rating Criteria' (Feb. 18, 2011);

-'Surveillance Methodology for U.S. Fixed-Rate CMBS Transactions' (Nov. 16, 2011);

-'Counterparty Criteria for Structured Finance Transactions' (March 12, 2012).

Applicable Criteria and Related Research:

Criteria for Analyzing Multiborrower U.S. Commercial Mortgage Transactions

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=685995

Criteria for Analyzing Large Loans in U.S. Commercial Mortgage Transactions

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=688831

Global Structured Finance Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=679923

Criteria for Special-Purpose Vehicles in Structured Finance Transactions

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=680591

U.S. Commercial Mortgage Servicer Rating Criteria

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=584005

Surveillance Methodology for U.S. Fixed-Rate CMBS Transactions

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=662869

Counterparty Criteria for Structured Finance Transactions

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=678938

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Contacts:

Fitch Ratings
Primary Analyst:
Ryan Frank, [phone]
Senior Director
Fitch, Inc.
70 W. Madison Street
Chicago, IL 60602
or
Committee Chairperson:
Eric Rothfeld, [phone]
Managing Director
or
Sandro Scenga, [phone]
Media Relations, New York
[e-mail]