Credit Rating Report

DROP Mortgage Trust 2021-FILE: Rating Report

CMBS

Summary

DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings on the following classes of Commercial Mortgage Pass-Through Certificates issued by DROP Mortgage Trust 2021-FILE:

-- Class A at AAA (sf)
-- Class X-CP at BBB (sf)
-- Class X-NCP at BBB (sf)
-- Class B at AA (low) (sf)
-- Class C at A (low) (sf)
-- Class D at BBB (low) (sf)
-- Class E at BB (sf)
-- Class HRR at BB (sf)
-- Class A-Y at AAA (sf)
-- Class A-Z at AAA (sf)
-- Class A-IO at AAA (sf)

All trends are Stable.

Ratings

  • Date IssuedDebt RatedRatingTrendActionAttributesi
    30-Apr-21Commercial Mortgage Pass-Through Certificates, Series 2021-FILE, Class AAAA (sf)StbProvis.-Final
    US
    30-Apr-21Commercial Mortgage Pass-Through Certificates, Series 2021-FILE, Class A-IOAAA (sf)StbProvis.-Final
    US
    30-Apr-21Commercial Mortgage Pass-Through Certificates, Series 2021-FILE, Class A-YAAA (sf)StbProvis.-Final
    US
    30-Apr-21Commercial Mortgage Pass-Through Certificates, Series 2021-FILE, Class A-ZAAA (sf)StbProvis.-Final
    US
    30-Apr-21Commercial Mortgage Pass-Through Certificates, Series 2021-FILE, Class BAA (low) (sf)StbProvis.-Final
    US
    30-Apr-21Commercial Mortgage Pass-Through Certificates, Series 2021-FILE, Class CA (low) (sf)StbProvis.-Final
    US
    30-Apr-21Commercial Mortgage Pass-Through Certificates, Series 2021-FILE, Class X-CPBBB (sf)StbProvis.-Final
    US
    30-Apr-21Commercial Mortgage Pass-Through Certificates, Series 2021-FILE, Class X-NCPBBB (sf)StbProvis.-Final
    US
    30-Apr-21Commercial Mortgage Pass-Through Certificates, Series 2021-FILE, Class DBBB (low) (sf)StbProvis.-Final
    US
    30-Apr-21Commercial Mortgage Pass-Through Certificates, Series 2021-FILE, Class EBB (sf)StbProvis.-Final
    US
    30-Apr-21Commercial Mortgage Pass-Through Certificates, Series 2021-FILE, Class HRRBB (sf)StbProvis.-Final
    US
    More
    Less
DROP Mortgage Trust 2021-FILE
  • Date Issued:Apr 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:AA (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:A (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:BBB (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:BB (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 30, 2021
  • Rating Action:Provis.-Final
  • Ratings:BB (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

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