KBRA Assigns Preliminary Ratings to AREIT 2018-CRE2

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to seven classes of AREIT 2018-CRE2, a $597.3 million commercial real estate collateralized loan obligation (CRE CLO) securitization. The transaction is initially expected to be collateralized by 20 whole loans (or participations thereof) with a total in-trust balance of $559.6 million and $37.8 million cash collateral expected to be used to acquire two delayed-closing assets