Kroll Bond Rating Agency Assigns Preliminary Ratings to JPMDB 2017-C5

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 15 classes of the JPMDB 2017-C5 transaction (see ratings list below). JPMDB 2017-C5 is a $1.0 billion CMBS conduit transaction collateralized by 35 commercial mortgage loans secured by 50 properties. This will be the first CMBS conduit where a “third party purchaser” will satisfy the US risk retention requirements solely through the purchase of an “eligible horizontal resid