NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 14 classes of BANK 2018-BNK11 (see ratings list below), a $688.2 million CMBS conduit transaction collateralized by 42 commercial mortgage loans secured by 76 properties. The collateral properties are located in 23 states, with three state exposures each representing more than 10.0% of the pool balance: California (34.3%), Michigan (11.6%), and Virginia (10.6%). The pool ha
