NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to seven classes of KREF 2018-FL1, a $1.0 billion commercial real estate collateralized loan obligation (CRE CLO) securitization. The transaction will initially be collateralized by 23 similarly sized pari passu interests in mortgage loans and 1 pari passu interest in a mortgage and mezzanine loan, which are collateralized by 29 properties. The collateral consists of both non-
