NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 17 classes of UBS 2018-C14 (see ratings list below), a $650.9 million CMBS conduit transaction collateralized by 45 commercial mortgage loans secured by 236 properties. The collateral properties are located in 36 states, with one state exposure, Florida (14.8%), representing more than 10.0% of the pool balance. The pool has exposure to all of the major property types, three