NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 14 classes of UBS 2017-C7 (see ratings list below), a $891.0 million CMBS conduit transaction collateralized by 48 commercial mortgage loans secured by 109 properties. The collateral properties are located in 27 states, with two state exposures each representing more than 10.0% of the pool balance: New York (21.0%) and North Carolina (10.1%). The pool has exposure to all of