KBRA Assigns Preliminary Ratings to Tharaldson Hotel Portfolio Trust 2018-THPT

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to eight classes of Tharaldson Hotel Portfolio Trust 2018-THPT, a $960.0 million CMBS single-asset, single-borrower transaction. The collateral for the securitization consists of a $960.0 million non-recourse, first lien, floating-rate mortgage loan that is secured by the borrowers’ fee simple interests in 118 lodging properties totaling 11,032 keys and leasehold interests in