KBRA Assigns Preliminary Ratings to WFCM 2017-C40

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency, Inc. (KBRA) is pleased to announce the assignment of preliminary ratings to 15 classes of the WFCM 2017-C40 transaction (see ratings list below). WFCM 2017-C40 is a $705.4 million CMBS conduit transaction collateralized by 64 commercial mortgage loans secured by 150 properties. The properties in the collateral pool are located in 33 states, with California (20.9%) and Texas (15.5%) each representing more than 10.0% of the pool balance. The po