CMBS

TransactionsPublicationsServicer Evaluations
KBRA Releases Research – CMBS Loan Performance Trends: December 2025
2 Jan 2026 | Research Press Release
CMBS Loan Performance Trends: December 2025
2 Jan 2026 | Research Report
KBRA Assigns Ratings to BMO 2025-5C13
30 Dec 2025 | Rating Action Press Release
KBRA Assigns Ratings to Benchmark 2025-V19
23 Dec 2025 | Rating Action Press Release
KBRA Assigns Ratings to BANK 2025-BNK51
23 Dec 2025 | Rating Action Press Release
KBRA Downgrades Six Ratings, Affirms One Rating, and Removes Six Ratings from Watch Downgrade for COMM 2014-CCRE17
23 Dec 2025 | Rating Action Press Release
KBRA Assigns Ratings to LQR 2025-CALI
23 Dec 2025 | Rating Action Press Release
KBRA Downgrades Three Ratings of CGCMT 2016-P4 to D (sf) Following Realization of Principal Losses
23 Dec 2025 | Rating Action Press Release
KBRA Assigns Ratings to BBCMS 2025-C39
23 Dec 2025 | Rating Action Press Release
KBRA Affirms All Ratings for GSMS 2019-GC38
23 Dec 2025 | Rating Action Press Release
GSMS 2019-GC38 Surveillance Report
23 Dec 2025 | Surveillance Report
KBRA Affirms All Ratings for BX 2024-SLCT
23 Dec 2025 | Rating Action Press Release
BX 2024-SLCT Surveillance Report
23 Dec 2025 | Surveillance Report
KBRA Affirms All Ratings for FREMF 2023-K153
22 Dec 2025 | Rating Action Press Release
FREMF 2023-K153 Surveillance Report
22 Dec 2025 | Surveillance Report
KBRA Withdraws Ratings on 10 Interest-Only Classes from 7 Transactions
19 Dec 2025 | Rating Action Press Release
KBRA Affirms All Ratings for BBCMS 2024-5C31
19 Dec 2025 | Rating Action Press Release
BBCMS 2024-5C31 Surveillance Report
19 Dec 2025 | Surveillance Report
Appendix: List of Single-Borrower Default Loans
19 Dec 2025 | Supplemental Research Data
Single-Borrower CMBS Default and Loss Study: Shaped by Unprecedented Events
19 Dec 2025 | Research Report