KBRA Assigns Preliminary Ratings to UBS 2018-C9

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 15 classes of UBS 2018-C9 (see ratings list below), a $839.9 million CMBS conduit transaction collateralized by 43 commercial mortgage loans secured by 112 properties. The collateral properties are located in 24 states, with two state exposures each representing more than 10.0% of the pool balance: California (25.8%) and Texas (13.1%). The pool has exposure to all of the ma