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KBRA Assigns Preliminary Ratings to SDAL 2025-DAL CMBS Single-Borrower Securitization

US-based credit rating agency KBRA has assigned preliminary ratings to six classes of SDAL 2025-DAL, a CMBS single-borrower securitization, the firm said.

The collateral for the transaction is a USD 300m non-recourse, first lien mortgage loan that is expected to be co-originated by Goldman...  


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