KBRA Assigns Preliminary Ratings to BANK 2017-BNK8

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 12 classes of BANK 2017-BNK8 (see ratings list below), a $1.1 billion CMBS conduit transaction collateralized by 50 commercial mortgage loans secured by 83 properties. The collateral properties are located in 24 states, with three state exposures each representing more than 10.0% of the pool balance: New York (22.4%), California (19.6%), and Massachusetts (15.3%). The pool