Credit Rating Report

Real Estate Asset Liquidity Trust, Series 2020-1: Rating Report

CMBS

Summary

DBRS Limited (DBRS Morningstar) finalized its provisional ratings on the following classes of Commercial Mortgage Pass-Through Certificates, Series 2020-1 issued by Real Estate Asset Liquidity Trust, Series 2020-1 (the Issuer):

-- Class A-1 at AAA (sf)
-- Class A-2 at AAA (sf)
-- Class B at AA (sf)
-- Class X at A (high) (sf)
-- Class C at A (sf)
-- Class D-1 at BBB (sf)
-- Class D-2 at BBB (sf)
-- Class E at BBB (low) (sf)
-- Class F at BB (sf)
-- Class G at B (sf)

All trends are Stable.

Ratings

  • Date IssuedDebt RatedRatingTrendActionAttributesi
    11-Feb-20Commercial Mortgage Pass-Through Certificates, Series 2020-1, Class A-1AAA (sf)StbProvis.-Final
    CA
    11-Feb-20Commercial Mortgage Pass-Through Certificates, Series 2020-1, Class A-2AAA (sf)StbProvis.-Final
    CA
    11-Feb-20Commercial Mortgage Pass-Through Certificates, Series 2020-1, Class BAA (sf)StbProvis.-Final
    CA
    11-Feb-20Commercial Mortgage Pass-Through Certificates, Series 2020-1, Class XA (high) (sf)StbProvis.-Final
    CA
    11-Feb-20Commercial Mortgage Pass-Through Certificates, Series 2020-1, Class CA (sf)StbProvis.-Final
    CA
    11-Feb-20Commercial Mortgage Pass-Through Certificates, Series 2020-1, Class D-1BBB (sf)StbProvis.-Final
    CA
    11-Feb-20Commercial Mortgage Pass-Through Certificates, Series 2020-1, Class D-2BBB (sf)StbProvis.-Final
    CA
    11-Feb-20Commercial Mortgage Pass-Through Certificates, Series 2020-1, Class EBBB (low) (sf)StbProvis.-Final
    CA
    11-Feb-20Commercial Mortgage Pass-Through Certificates, Series 2020-1, Class FBB (sf)StbProvis.-Final
    CA
    11-Feb-20Commercial Mortgage Pass-Through Certificates, Series 2020-1, Class GB (sf)StbProvis.-Final
    CA
    More
    Less
Real Estate Asset Liquidity Trust, Series 2020-1
  • 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