KBRA Assigns Preliminary Ratings to TRTX 2018-FL2

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to seven classes of TRTX 2018-FL2, a $1.0 billion managed commercial real estate collateralized loan obligation (CRE CLO) securitization. The transaction will initially be collateralized by 23 pari passu interests in mortgage loans and two whole loans, which are secured by 122 properties. The collateral consists of both non-controlling interests (22 loans, 87.3%) and controlli