DBRS Publishes Updated North American CMBS Rating Methodology

DBRS has today published an updated CMBS methodology entitled “North American CMBS Rating Methodology.” This supersedes the methodology dated January 2012 entitled “CMBS Rating Methodology.”

While additional clarifying details have been provided, including extensions of the methodology to address credit tenant leases, ReREMICs, transitional commercial real estate transactions (otherwise known to the market as CRE CLOs) and first dollar loss ratings, the changes overall are not substantive, and DBRS has determined that no rating changes or rating actions were caused by the publication of this methodology.

DBRS’s rating definitions and the terms of use of such ratings are available at www.dbrs.com.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.