Credit Rating Report

CSAIL 2018-CX11 Commercial Mortgage Trust: Rating Report

CMBS

Summary

DBRS, Inc. (DBRS) finalized its provisional ratings of the following classes of Commercial Mortgage Pass-Through Certificates, Series 2018-CX11 issued by CSAIL 2018-CX11 Commercial Mortgage Trust:

-- Class A-1 at AAA (sf)
-- Class A-2 at AAA (sf)
-- Class A-3 at AAA (sf)
-- Class A-4 at AAA (sf)
-- Class A-5 at AAA (sf)
-- Class A-SB at AAA (sf)
-- Class A-S at AAA (sf)
-- Class X-A at AAA (sf)
-- Class B at AA (low) (sf)
-- Class C at A (low) (sf)
-- Class X-D at BBB (high) (sf)
-- Class D at BBB (sf)
-- Class E-RR at BBB (low) (sf)
-- Class F-RR at BB (low) (sf)
-- Class G-RR at B (high) (sf)

DBRS has withdrawn its provisional rating of the following class:

-- Class X-B at A (sf)

DBRS has also assigned a new rating to the following class:

-- Class X-B at AA (sf)

Classes X-D, D, E-RR, F-RR and G-RR have been privately placed. The Class X-A, X-B and X-D balances are notional.

Available Documents

CSAIL 2018-CX11 Commercial Mortgage Trust: Rating Report

Apr 18, 2018

Ratings

  • Date IssuedDebt RatedRatingTrendActionAttributesi
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class A-1AAA (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class A-2AAA (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class A-3AAA (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class A-4AAA (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class A-5AAA (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class A-SAAA (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class A-SBAAA (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class X-AAAA (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class X-BAA (sf)StbNew Rating
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class BAA (low) (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class CA (low) (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class X-DBBB (high) (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class DBBB (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class E-RRBBB (low) (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class F-RRBB (low) (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class G-RRB (high) (sf)StbProvis.-Final
    US
    18-Apr-18Commercial Mortgage Pass-Through Certificates, Series 2018-CX11, Class X-BDiscontinued--Disc.-W/drwn
    US
    More
    Less
CSAIL 2018-CX11 Commercial Mortgage Trust
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:New Rating
  • Ratings:AA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:AA (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:A (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:BBB (high) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:BBB (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:BB (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Provis.-Final
  • Ratings:B (high) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 18, 2018
  • Rating Action:Disc.-W/drwn
  • Ratings:Discontinued
  • Trend:--
  • 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

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