KBRA Assigns Preliminary Ratings to M360 2018-CRE1

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to five classes of M360 2018-CRE1, a managed commercial real estate collateralized loan obligation (CRE CLO) securitization with a 12-month reinvestment period. M360 Advisors, LLC, an affiliate of Money360, Inc., will act as collateral manager for the transaction. The transaction is initially expected to be collateralized by 48 mortgage assets with an aggregate cut-off date ba