NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 15 classes of the CGCMT 2017-P7 transaction (see ratings list below). CGCMT 2017-P7 is a $1.0 billion CMBS conduit transaction collateralized by 46 commercial mortgage loans secured by 58 properties. The underlying collateral properties are located in 24 states, with three state exposures that each represents more than 10.0% of the pool balance: New York (20.7%), California
