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Project Facilitator- Spanish Fluency Required- Mon-Fri 9:00am-5:00pm - Brooklyn, New York - 726706146

Project Facilitator- Spanish Fluency Required- Mon-Fri 9:00am-5:00pm - Brooklyn, New York - 726706146
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KBRA Assigns Preliminary Ratings to Benchmark 2020-B22

KBRA Assigns Preliminary Ratings to Benchmark 2020-B22
KBRA Assigns Preliminary Ratings to Benchmark 2020-B22
Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 13 classes of Benchmark 2020-B22, an $814.2 million CMBS conduit transaction collateralized by 33 commercial mortgage loans secured by 44 properties.
The collateral properties are located throughout 20 MSAs, the largest three of which are New York (37.2%), Salt Lake City (12.1%), Las Vegas (9.2%). The pool has exposure to all of the major property types, with the top three being office (38.1%), mixed-use (21.5%), and lodging (14.1%). The loans have principal balances ranging from $3.3 million to $80.0 million for the largest loan in the pool, The Grace Building (9.8%), which is secured by a 1.6 million sf, Class-A, LEED Gold certified office tower located in the Midtown neighborhood of New York Citys borough of Manhattan. The five largest loans, which also include ....

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