NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 18 classes of Benchmark 2019-B9 (see ratings list below), an $883.5 million CMBS conduit transaction collateralized by 50 commercial mortgage loans secured by 88 properties. The collateral properties are located in 31 states, with one state exposure, New York (19.6%) representing more than 10.0% of the pool balance. The pool has exposure to all of the major property types,
