Kroll Bond Rating Agency Assigns Preliminary Ratings to CSMC 2016-NXSR

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 19 classes of the CSMC 2016-NXSR transaction. CSMC 2016-NXSR is a $606.8 million CMBS conduit transaction collateralized by 33 commercial mortgage loans secured by 54 properties. On the securitization closing date, Natixis Real Estate Capital LLC intends to retain certificates representing 5.0% of the amount of each class of securities issued in the transaction in order to