Credit Rating Report

Silver Hill Trust 2019-SBC1: Rating Report

CMBS

Summary

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the notes issued by Silver Hill Trust 2019-SBC1 (the Issuer). The collateral consists of 978 individual loans secured by 978 commercial, multifamily and single-family rental (SFR) properties with an average loan balance of $452,092. DBRS Morningstar defines properties as buildings located in noncontiguous addresses. The transaction is configured with a sequential pay pass-through structure.

Ratings

  • 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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