KBRA Assigns Preliminary Ratings to Motel 6 Trust 2017-MTL6

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to nine classes of Motel 6 Trust 2017-MTL6, a $2.1 billion CMBS single-borrower transaction. The collateral for the securitization consists of a $2.1 billion non-recourse, first lien, floating-rate mortgage loan that is secured by the borrower’s fee simple interests in 410 lodging properties totaling 47,605 keys, leasehold interests in 41 assets totaling 4,299 keys, and a pled