Arbor Realty Commercial Real Estate Notes 2019-FL2, Ltd.: Surveillance Performance Update
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Summary
DBRS, Inc. (DBRS Morningstar) confirmed the ratings on all classes of secured floating rate notes issued by Arbor Realty Commercial Real Estate Notes 2019-FL2, Ltd. as follows:
-- Class A Senior Secured Floating Rate Notes at AAA (sf)
-- Class A-S Senior Secured Floating Rate Notes at AAA (sf)
-- Class B Secured Floating Rate Notes at AA (low) (sf)
-- Class C Secured Floating Rate Notes at A (low) (sf)
-- Class D Secured Floating Rate Notes at BBB (high) (sf)
-- Class E Secured Floating Rate Notes at BBB (low) (sf)
-- Class F Floating Rate Notes at BB (low) (sf)
-- Class G Floating Rate Notes at B (low) (sf)
All trends are Stable.