Bancorp Commercial Mortgage 2016-CRE1 Trust, The: Rating Report

Ratings

• Date Issued	Debt Rated	Rating	Trend	Action	Attributesi US = Lead Analyst based in USA CA = Lead Analyst based in Canada EU = Lead Analyst based in EU UK = Lead Analyst based in UK E = EU endorsed U = UK endorsed Unsolicited Participating With Access Unsolicited Participating Without Access Unsolicited Non-participating
  06-Dec-16	Commercial Mortgage Pass-Through Certificates, Series 2016-CRE1, Class A	AAA (sf)	Stb	Provis.-Final	US
  06-Dec-16	Commercial Mortgage Pass-Through Certificates, Series 2016-CRE1, Class A-S	AAA (sf)	Stb	Provis.-Final	US
  06-Dec-16	Commercial Mortgage Pass-Through Certificates, Series 2016-CRE1, Class B	AA (low) (sf)	Stb	Provis.-Final	US
  06-Dec-16	Commercial Mortgage Pass-Through Certificates, Series 2016-CRE1, Class C	A (low) (sf)	Stb	Provis.-Final	US
  06-Dec-16	Commercial Mortgage Pass-Through Certificates, Series 2016-CRE1, Class D	BBB (low) (sf)	Stb	Provis.-Final	US

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