KBRA Assigns Preliminary Ratings to BBCMS 2021-C10
Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 19 classes of BBCMS 2021-C10, a $846.8 million CMBS conduit transaction with 64 loans secured by 127 properties.
- Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 19 classes of BBCMS 2021-C10, a $846.8 million CMBS conduit transaction with 64 loans secured by 127 properties.
- The collateral properties are located across 33 MSAs, the largest three of which are Philadelphia (14.1%), New York (11.4%), and Las Vegas (11.2%).
- KBRA capitalization rates were applied to each assets KNCF to derive values that were, on an aggregate basis, 44.1% less than third party appraisal values.
- To access ratings and relevant documents, click here .