KBRA Assigns Preliminary Ratings to OREC 2018-CRE1

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to six classes of OREC 2018-CRE1, a $350.0 million managed commercial real estate collateralized loan obligation (CRE CLO) securitization, with a 30-month reinvestment period that includes a 120-day ramp-up period. ORIX RE Holdings, LLC, an affiliate of ORIX USA, will serve as the transaction’s collateral manager. The transaction will initially be collateralized by 22 CRE whol