KBRA Assigns Preliminary Ratings to CCUBS 2017-C1

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 15 classes of CCUBS 2017-C1 (see ratings list below), a $696.7 million CMBS conduit transaction collateralized by 37 commercial mortgage loans secured by 98 properties. The collateral properties are located in 27 states and the Cayman Islands, with one state exposure representing more than 10.0% of the pool balance: New York (32.4%). The pool has exposure to all of the majo