16 Jul

KBRA Assigns Preliminary Ratings to GSMS 2018-RIVR

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to seven classes of GSMS 2018-RIVR, a CMBS single-borrower securitization. The collateral for the transaction is a $310.0 million non-recourse, first lien mortgage loan. The floating rate loan has an initial two-year term with five, one-year extension options and requires monthly interest-only payments. The loan is secured by the borrower’s fee simple interest in River North P
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16 Jul

KBRA Assigns Preliminary Ratings to BBCMS 2018-CHRS

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of AAA (sf) preliminary ratings to the Class A and Class X certificates of BBCMS 2018-CHRS, a CMBS single asset, single borrower (SASB) securitization. The collateral for the transaction is a $400.0 million portion of a $550.0 million, non-recourse, first lien mortgage loan. The fixed-rate loan requires interest-only payments and has a 10-year term. The loan is secured by the borrower’s fee simple a
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