NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to eight classes of 245 Park Avenue Trust 2017-245P, a $500.0 million CMBS single borrower transaction (see ratings list below). The collateral for the securitization consists of a $500.0 million portion of a $1.2 billion single, non-recourse, first lien, fixed-rate mortgage loan that is secured by the borrower’s fee simple interest in 245 Park Avenue, a 1.7 million sf, 44-sto
