NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to seven classes of TRTX 2018-FL1, a commercial real estate collateralized loan obligation (CRE CLO) securitization with post-closing ability to acquire loan participations related to the transaction collateral, provided that the pool’s loan HERF is 21.0 or higher, and dispose of loans at par under certain circumstances. The transaction, at $932.4 million, is the second larges
