KBRA Assigns Preliminary Ratings to Benchmark 2020-B19

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 18 classes of Benchmark 2020-B19, a $1.1 billion CMBS conduit transaction collateralized by 40 commercial mortgage loans secured by 175 properties. The collateral properties are located throughout 25 states, the largest three of which are California (27.3%), Texas (8.9%), and New York (8.8%). The pool has exposure to all of the major property types, with two types represent