NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to eight classes of BSPRT 2018-FL4, a $868.4 million managed commercial real estate collateralized loan obligation (CRE CLO) securitization, with a 24-month reinvestment period that includes a 180-day ramp-up period. Benefit Street Partners, LLC, an affiliate of BSPRT Operating Partnership, will serve as the transaction’s collateral manager. The transaction will initially be c