KBRA Assigns Preliminary Ratings to SGCP 2018-FL1

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to six classes of SGCP 2018-FL1, a $415.1 million commercial real estate collateralized loan obligation (CRE CLO) securitization with the post-closing ability to acquire pari passu companion participations related to the closing date assets. The transaction will be collateralized by 22 commercial mortgage assets, consisting of 15 whole loans (57.4%) and seven pari passu partic