NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to assign preliminary ratings to five classes of Bancorp 2017-CRE2, a $314.4 million static CRE CLO securitization. The transaction is structured as a REMIC trust, and unlike to other CRE CLOs rated by KBRA in 2017, it does not permit any ramp-up or acquisition/reinvestment of assets post-closing. In addition, the subject transaction differs from the other 2017 KBRA-rated CRE CLOs because the sponsor does not retain the first
