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-C38 transaction (see ratings list below). WFCM 2017-C38 is a $1.2 billion CMBS conduit transaction collateralized by 76 commercial mortgage loans secured by 210 properties. The properties in the collateral pool are located in 34 states, with New York (25.8%), California (16.8%) and Texas (11.6%) each representing more than 10.0% of the pool
