NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) announces the assignment of preliminary ratings to 14 classes of MSC 2018-H4, a $796.8 million CMBS conduit transaction collateralized by 50 commercial mortgage loans secured by 115 properties. The collateral properties are located in 22 states and Washington, DC, with the largest three state exposures accounting for 27.7% of the pool balance, including: Texas (10.3%), Tennessee (8.8%), and Michigan (8.6%). The pool has exposure to all