KBRA assigned preliminary ratings to three classes of FREMF Series 2025-K172 mortgage pass-through certificates and three classes of Freddie Mac structured pass-through certificates (SPCs), Series K-172. This transaction is a $1.2 billion CMBS multi-borrower deal. Freddie Mac will guarantee five classes of certificates issued in the underlying securitization.
The underlying transaction is collateralized by 36 fixed-rate multifamily mortgage loans, with principal balances ranging from $3.9 million to $120.0 million. The largest loan, Chelsea Ridge Apartments, has an in-trust principal balance of $120.0 million. The assets are located in 22 states, with significant concentrations in Florida, California, and New York.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.