Kroll Bond Rating Agency Assigns Preliminary Ratings to CGDBB 2017-BIOC

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to seven classes of CGDBB 2017-BIOC (see ratings list below). CGDBB 2017-BIOC is a CMBS single borrower transaction that is collateralized by an $825.0 million floating rate loan that was co-originated by Citi Real Estate Funding Inc. (40.0%); Deutsche Bank AG, New York Branch (30.0%); and Barclays Bank PLC (30.0%). The loan has an initial two-year term with three, one-year ex