KBRA Assigns Preliminary Ratings to Cazenovia Creek Funding II, LLC & Caz Creek TX, LLC, Series 2018-1 Notes

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) announces the preliminary ratings to two note classes of Cazenovia Creek Funding II, LLC & Caz Creek TX, LLC, Series 2018-1, a property tax lien ABS transaction. This transaction represents the second term securitization for Cazenovia Creek Investment Management, LLC (“Caz Creek”, “the Company”, or the “Manager”). The initial collateral pool is comprised of property tax lien assets from municipalities within the states of Alabama, A