Credit Rating Report

Natixis Commercial Mortgage Securities Trust 2018-TECH: Rating Report

CMBS

Summary

DBRS, Inc. (DBRS) finalized its provisional ratings on the following classes of Commercial Mortgage Pass-Through Certificates, Series 2018-TECH issued by Natixis Commercial Mortgage Securities Trust 2018-TECH (the Issuer):

-- Class A at AAA (sf)
-- Class X-CP at AA (high) (sf)
-- Class X-EXT at AA (high) (sf)
-- Class B at AA (sf)
-- Class C at A (high) (sf)
-- Class D at A (low) (sf)
-- Class E at BBB (low) (sf)
-- Class F at BB (low) (sf)
-- Class X-F at BB (low) (sf)
-- Class G at B (high) (sf)

All trends are Stable.

The Class X-CP, Class X-EXT and Class X-F balances are notional.

Ratings

  • Date IssuedDebt RatedRatingTrendActionAttributesi
    31-Jan-18Commerical Mortgage Pass-Through Certificates, Series 2018-TECH Class AAAA (sf)StbProvis.-Final
    US
    31-Jan-18Commerical Mortgage Pass-Through Certificates, Series 2018-TECH Class X-CPAA (high) (sf)StbProvis.-Final
    US
    31-Jan-18Commerical Mortgage Pass-Through Certificates, Series 2018-TECH Class X-EXTAA (high) (sf)StbProvis.-Final
    US
    31-Jan-18Commerical Mortgage Pass-Through Certificates, Series 2018-TECH Class BAA (sf)StbProvis.-Final
    US
    31-Jan-18Commerical Mortgage Pass-Through Certificates, Series 2018-TECH Class CA (high) (sf)StbProvis.-Final
    US
    31-Jan-18Commerical Mortgage Pass-Through Certificates, Series 2018-TECH Class DA (low) (sf)StbProvis.-Final
    US
    31-Jan-18Commerical Mortgage Pass-Through Certificates, Series 2018-TECH Class EBBB (low) (sf)StbProvis.-Final
    US
    31-Jan-18Commercial Mortgage Pass-Through Certificates, Series 2018-TECH Class X-FBB (low) (sf)StbProvis.-Final
    US
    31-Jan-18Commerical Mortgage Pass-Through Certificates, Series 2018-TECH Class FBB (low) (sf)StbProvis.-Final
    US
    31-Jan-18Commerical Mortgage Pass-Through Certificates, Series 2018-TECH Class GB (high) (sf)StbProvis.-Final
    US
    More
    Less
Natixis Commercial Mortgage Securities Trust 2018-TECH
  • Date Issued:Jan 31, 2018
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2018
  • Rating Action:Provis.-Final
  • Ratings:AA (high) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2018
  • Rating Action:Provis.-Final
  • Ratings:AA (high) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2018
  • Rating Action:Provis.-Final
  • Ratings:AA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2018
  • Rating Action:Provis.-Final
  • Ratings:A (high) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2018
  • Rating Action:Provis.-Final
  • Ratings:A (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2018
  • Rating Action:Provis.-Final
  • Ratings:BBB (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2018
  • Rating Action:Provis.-Final
  • Ratings:BB (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2018
  • Rating Action:Provis.-Final
  • Ratings:BB (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jan 31, 2018
  • Rating Action:Provis.-Final
  • Ratings:B (high) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • 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

Enjoying our exclusive insights?

Register for a free account to get unrestricted access to our in-depth research, presale and ratings reports, and more. Access is limited for unregistered users.

Related Documents

Issuers

Contacts

More from Morningstar DBRS

Related Events

All Events