KBRA Assigns Preliminary Ratings to BENCHMARK 2018-B2

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 16 classes of BENCHMARK 2018-B2 (see ratings list below), a $1.5 billion CMBS conduit transaction collateralized by 57 commercial mortgage loans secured by 67 properties. The collateral properties are located in 24 states and the District of Columbia, with one state exposure, California (21.0%), representing more than 10.0% of the pool balance. The pool has exposure to all