Methodology
North American CMBS Surveillance Methodology (Archived)
CMBSAvailable Documents
Related Documents
Press Release:
- DBRS Morningstar Confirms All Classes of CSMC 2020-TMIC
- DBRS Morningstar Confirms All Classes of CSMC 2021-GATE
- DBRS Morningstar Confirms Ratings on MF1 2020-FL4, Ltd.
- DBRS Morningstar Upgrades Ratings on CSWF Trust 2018-TOP
- DBRS Morningstar Confirms All Ratings on BXP Trust 2017-CC
- DBRS Morningstar Confirms All Ratings on BX Trust 2021-ARIA
- DBRS Morningstar Discontinues Ratings on BX Trust 2017-APPL
- DBRS Morningstar Confirms All Classes of VNDO Trust 2016-350P
- DBRS Morningstar Confirms All Ratings on BBCMS Trust 2015-VFM
- DBRS Morningstar Discontinues Ratings on BBCMS Trust 2015-MSQ
- DBRS Morningstar Discontinues Ratings on LUXE Trust 2021-MLBH
- DBRS Morningstar Confirms All Ratings of BBCMS Trust 2015-SRCH
- DBRS Morningstar Confirms All Ratings on DC Office Trust 2019-MTC
- DBRS Morningstar Confirms Ratings on MAD 2015-11MD Mortgage Trust
- DBRS Morningstar Confirms Ratings on DROP Mortgage Trust 2021-FILE
- DBRS Morningstar Confirms Ratings on All Classes of SUMIT 2022-BVUE
- DBRS Morningstar Confirms Ratings on MFTII 2019-B3B4 Mortgage Trust
- DBRS Morningstar Confirms all Ratings on MSC 2011-C3 Mortgage Trust
- DBRS Morningstar Takes Rating Actions on 130 U.S. RMBS Transactions
- DBRS Morningstar Confirms All Ratings of NYT 2019-NYT Mortgage Trust
- DBRS Morningstar Confirms All Ratings on BX 2022-MVRK Mortgage Trust
- DBRS Morningstar Confirms Ratings on 20 Times Square Trust 2018-20TS
- DBRS Morningstar Confirms All Ratings of LIFE 2021-BMR Mortgage Trust
- DBRS Morningstar Discontinues Ratings on COMM 2013-WWP Mortgage Trust
- DBRS Morningstar Upgrades Rating on Remaining Class of COMM 2004-LNB2
- DBRS Morningstar Upgrades Ratings on Four Classes of PFP 2019-6, Ltd.
- DBRS Morningstar Confirms All Classes of KNDL 2019-KNSQ Mortgage Trust
- DBRS Morningstar Confirms All Ratings on BSST 2021-SSCP Mortgage Trust
- DBRS Morningstar Confirms All Ratings on COMM 2014-UBS4 Mortgage Trust
- DBRS Morningstar Confirms All Ratings on COMM 2014-UBS5 Mortgage Trust
- DBRS Morningstar Confirms Ratings on All Classes of BGME Trust 2021-VR
- DBRS Morningstar Upgrades Ratings on Two Classes of ACAM 2019-FL1, Ltd.
- DBRS Morningstar Confirms All Classes of COMM 2014-CCRE21 Mortgage Trust
- DBRS Morningstar Confirms All Classes of WP Glimcher Mall Trust 2015-WPG
- DBRS Morningstar Confirms Ratings on All Classes of VASA Trust 2021-VASA
- DBRS Morningstar Confirms Ratings on BX Commercial Mortgage Trust 2019-XL
- DBRS Morningstar Confirms Ratings on BX Commercial Mortgage Trust 2021-CIP
- DBRS Morningstar Confirms Ratings on BX Commercial Mortgage Trust 2022-AHP
- DBRS Morningstar Confirms Ratings on GS Mortgage Securities Trust 2017-GS5
- DBRS Morningstar Confirms Ratings on Hudson Yards 2016-10HY Mortgage Trust
- DBRS Morningstar Confirms Ratings on LSTAR Commercial Mortgage Trust 2016-4
- DBRS Morningstar Confirms Ratings on MSC Mortgage Securities Trust, 2012-C4
- DBRS Morningstar Confirms Ratings on Shelter Growth CRE 2021-FL3 Issuer Ltd
- DBRS Morningstar Confirms All Classes of Ready Capital Mortgage Trust 2018-4
- DBRS Morningstar Confirms Rating on Class A of BWAY 2015-1740 Mortgage Trust
- DBRS Morningstar Downgrades Ratings on Four Classes of BB-UBS Trust 2012-TFT
- DBRS Morningstar Confirms Ratings on BWAY Commercial Mortgage Trust 2022-26BW
- DBRS Morningstar Confirms Ratings on WFRBS Commercial Mortgage Trust 2014-C20
- DBRS Morningstar Confirms All Ratings on BX Commercial Mortgage Trust 2022-LP2
- DBRS Morningstar Confirms Ratings on SREIT Commercial Mortgage Trust 2021-MFP2
- DBRS Morningstar Confirms Ratings on All Classes of COMM 2022-HC Mortgage Trust
- DBRS Morningstar Upgrades Two Ratings of A10 Bridge Asset Financing 2019-B, LLC
- DBRS Morningstar Confirms All Ratings of MTN Commercial Mortgage Trust 2022-LPFL
- DBRS Morningstar Confirms Ratings on All Classes of COMM 2015-3BP Mortgage Trust
- DBRS Morningstar Confirms Ratings on All Classes of MKT 2020-525M Mortgage Trust
- DBRS Morningstar Confirms Ratings on BX Trust 2021-LBA, Discontinues Two Classes
- DBRS Morningstar Discontinues Ratings on Morgan Stanley Capital I Trust 2017-CLS
- DBRS Morningstar Confirms All Ratings of SMRT Commercial Mortgage Trust 2022-MINI
- DBRS Morningstar Confirms Ratings on All Classes of BSST 2021-1818 Mortgage Trust
- DBRS Morningstar Confirms Ratings on All Classes of BSST 2022-1700 Mortgage Trust
- DBRS Morningstar Confirms Ratings on All Classes of COMM 2014-LC15 Mortgage Trust
- DBRS Morningstar Confirms Ratings on All Classes of COMM 2014-UBS2 Mortgage Trust
- DBRS Morningstar Confirms Ratings on All Classes of COMM 2014-UBS3 Mortgage Trust
- DBRS Morningstar Confirms Ratings on All Classes of COMM 2016-667M Mortgage Trust
- DBRS Morningstar Confirms Ratings on All Classes of COMM 2016-787S Mortgage Trust
- DBRS Morningstar Confirms Ratings on All Classes of CORE 2019-CORE Mortgage Trust
- DBRS Morningstar Confirms Ratings on All Classes of DBGS 2019-1735 Mortgage Trust
- DBRS Morningstar Confirms Ratings on Two Classes of DBUBS 2011-LC2 Mortgage Trust
- DBRS Morningstar Discontinues Rating on ReadyCap Commercial Mortgage Trust 2014-1
- DBRS Morningstar Confirms Ratings on Citigroup Commercial Mortgage Trust 2015-GC33
- DBRS Morningstar Downgrades One Class of Ready Capital Mortgage Financing 2019-FL3
- DBRS Morningstar Confirms Rating on 51710411 JH Deerfield Fox Meadow Capital Relief
- DBRS Morningstar Confirms Ratings on Five Classes of COLEM 2022-HLNE Mortgage Trust
- DBRS Morningstar Changes Trend to Positive and Confirms Rating on BX Trust 2017-APPL
- DBRS Morningstar Confirms Ratings on All Classes of Benchmark 2020-IG2 Mortgage Trust
- DBRS Morningstar Confirms Ratings on All Classes of Benchmark 2020-IG3 Mortgage Trust
- DBRS Morningstar Publishes Updated North American CMBS Surveillance Methodology
- DBRS Morningstar Changes Trends on Two Classes, Confirms All Ratings on BHMS 2018-ATLS
- DBRS Morningstar Discontinues Rating on FREMF 2013-K26 Mortgage Trust, Series 2013-K26
- DBRS Morningstar Discontinues Ratings on All Remaining Classes of CFCRE Trust 2018-TAN
- DBRS Morningstar Confirms All Ratings on Five BX Commercial Mortgage Trust Transactions
- DBRS Morningstar Confirms Ratings on All Classes of Ready Capital Mortgage Trust 2019-6
- DBRS Morningstar Discontinues Ratings on FREMF 2013-K24 Mortgage Trust, Series 2013-K24
- DBRS Morningstar Confirms All Ratings on MCAP CMBS Issuer Corporation, Series 2014-1
- DBRS Morningstar Confirms Ratings on All Classes of GS Mortgage Securities Trust 2011-GC5
- DBRS Morningstar Confirms Ratings on All Classes of GS Mortgage Securities Trust 2017-GS5
- DBRS Morningstar Confirms All Ratings on SG Commercial Mortgage Securities Trust 2020-COVE
- DBRS Morningstar Confirms Ratings on All Classes of BX Commercial Mortgage Trust 2021-IRON
- DBRS Morningstar Confirms Ratings on All Classes of GS Mortgage Securities Trust 2014-GC24
- DBRS Morningstar Confirms Ratings on All Classes of NYC Commercial Mortgage Trust 2021-909
- DBRS Morningstar Confirms Ratings on All Classes of SFO Commercial Mortgage Trust 2021-555
- DBRS Morningstar Upgrades Ratings on Remaining Two Classes of COMM 2019-WCM Mortgage Trust
- DBRS Morningstar Confirms All Ratings on GS Mortgage Securities Corporation Trust 2020-UPTN
- DBRS Morningstar Upgrades Ratings on Two Classes of WFRBS Commercial Mortgage Trust 2012-C9
- DBRS Morningstar Confirms All Ratings on BWAY Commercial Mortgage Securities Trust 2013-1515
- DBRS Morningstar Confirms All Ratings on JPMBB Commercial Mortgage Securities Trust 2015-C32
- DBRS Morningstar Confirms Ratings on All Classes of ILPT Commercial Mortgage Trust 2022-LPFX
- DBRS Morningstar Confirms Ratings on All Classes of WFRBS Commercial Mortgage Trust 2013-C18
- DBRS Morningstar Confirms Ratings on UBS-Citigroup Commercial Mortgage Trust, Series 2011-C1
- DBRS Morningstar Downgrades Rating on One Class of A10 Permanent Asset Financing 2015-I, LLC
- DBRS Morningstar Takes Rating Actions on 10 Single-Family Rental Multi-Borrower Transactions
- DBRS Morningstar Confirms Ratings on Three Remaining Classes of JPMCC 2012-CIBX Mortgage Trust
- DBRS Morningstar Discontinues Ratings on All Remaining Classes of COMM 2013-GAM Mortgage Trust
- DBRS Morningstar Confirms Ratings on All Classes of Citigroup Commercial Mortgage Trust 2020-555
- DBRS Morningstar Downgrades Ratings on Two Classes of COMM 2014-CCRE20 Commercial Mortgage Trust
- DBRS Morningstar Takes Rating Actions on Eight Small-Balance Commercial Real Estate Transactions
- DBRS Morningstar Confirms Ratings on 10 Classes of CRSNT Trust 2021-MOON, Discontinues One Rating
- DBRS Morningstar Confirms Ratings on JP Morgan Chase Commercial Mortgage Securities Trust 2011-C3
- DBRS Morningstar Downgrades Rating on One Class of UBS-Barclays Commercial Mortgage Trust 2012-C4
- DBRS Morningstar Confirms Ratings on Four Single-Asset/Single-Borrower Transactions Issued in 2021
- DBRS Morningstar Confirms Ratings on Four Single-Asset/Single-Borrower Transactions Issued in 2021
- DBRS Morningstar Downgrades One Class of GS Mortgage Securities Trust 2014-GC22 and Changes Trends
- DBRS Morningstar Confirms Ratings on All Classes of Wells Fargo Commercial Mortgage Trust 2014-LC16
- DBRS Morningstar Confirms Ratings on Eight Single-Asset/Single-Borrower Transactions Issued in 2021
- DBRS Morningstar Confirms Ratings and Changes Trends on All Classes of COMM 2013-300P Mortgage Trust
- DBRS Morningstar Confirms Ratings on All Remaining Classes of GS Mortgage Securities Trust, 2010-C1
- DBRS Morningstar Confirms Ratings on J.P. Morgan Chase Commercial Mortgage Securities Trust 2021-MHC
- DBRS Morningstar Discontinues Remaining Ratings on GS Mortgage Securities Trust, Series 2012-GCJ7
- DBRS Morningstar Confirms All Ratings of Bear Stearns Commercial Mortgage Securities Trust 2007-PWR18
- DBRS Morningstar Confirms Ratings on J.P. Morgan Chase Commercial Mortgage Securities Trust 2021-410T
- DBRS Morningstar Discontinues Ratings on JP Morgan Chase Commercial Mortgage Securities Trust 2011-C4
- DBRS Morningstar Confirms Ratings on All Classes of GS Mortgage Securities Corporation Trust 2017-375H
- DBRS Morningstar Confirms Ratings on All Classes of BAMLL Commercial Mortgage Securities Trust 2016-SS1
- DBRS Morningstar Confirms Ratings on BMO 2022-C1 Mortgage Trust 360 Rosemary Loan-Specific Certificates
- DBRS Morningstar Discontinues Ratings on Freddie Mac Structured Pass-Through Certificates, Series K-024
- DBRS Morningstar Discontinues Ratings on Freddie Mac Structured Pass-Through Certificates, Series K-026
- DBRS Morningstar Confirms Ratings on All Classes of Canadian Commercial Mortgage Origination Trust 4
- DBRS Morningstar Confirms Rating on Remaining Class of Morgan Stanley Capital I Trust, Series 2007-TOP25
- DBRS Morningstar Confirms All Classes of J.P. Morgan Chase Commercial Mortgage Securities Trust 2021-1440
- DBRS Morningstar Downgrades Two Classes of J.P. Morgan Chase Commercial Mortgage Securities Trust 2012-C8
- DBRS Morningstar Confirms Ratings on All Classes and Changes Trends on Two Classes of M360 2019-CRE2, Ltd.
- DBRS Morningstar Upgrades Ratings on Five Classes of Arbor Realty Commercial Real Estate Notes 2019-FL2, Ltd.
- DBRS Morningstar Upgrades Ratings on Five Classes of Arbor Realty Commercial Real Estate Notes 2020-FL1, Ltd.
- DBRS Morningstar Confirms Ratings on All Classes of Morgan Stanley Bank of America Merrill Lynch Trust 2013-C11
- DBRS Morningstar Confirms Ratings on GSF 2021-1, Removes Ratings from Under Review with Developing Implications
- DBRS Morningstar Downgrades WFLD 2014-MONT Mortgage Trust, Removes from Under Review with Negative Implications
- DBRS Morningstar Confirms All Classes and Changes Trends on Seven Classes of Hudson's Bay Simon JV Trust 2015-HBS
- DBRS Morningstar Downgrades Two Classes and Confirms Three Other Classes of GS Mortgage Securities Trust 2013-GC10
- DBRS Morningstar Changes Trends on Four Classes, Confirms Ratings on All Classes of COMM 2015-CCRE23 Mortgage Trust
- DBRS Morningstar Confirms Ratings on All Classes of J.P. Morgan Chase Commercial Mortgage Securities Trust 2019-OSB
- DBRS Morningstar Confirms Ratings on All Classes of J.P. Morgan Chase Commercial Mortgage Securities Trust 2022-ACB
- DBRS Morningstar Confirms All Ratings on Benchmark 2021-B25 Mortgage Trust Amazon Seattle Loan-Specific Certificates
- DBRS Morningstar Upgrades One Class, Downgrades One Class, and Confirms Seven Classes of COMM 2013-CCRE6 Mortgage Trust
- DBRS Morningstar Discontinues Ratings on All Remaining Classes of Natixis Commercial Mortgage Securities Trust 2018-RIVA
- DBRS Morningstar Changes Trends on Two Classes of GS Mortgage Securities Trust 2014-GC26 to Negative, Confirms All Ratings
- DBRS Morningstar Upgrades Ratings on Three Classes of KKR Industrial Portfolio Trust 2021-KDIP, Confirms Remaining Ratings
- DBRS Morningstar Downgrades One and Upgrades Two Ratings of Institutional Mortgage Securities Canada Inc., Series 2012-2
- DBRS Morningstar Confirms All Classes of BAMLL Commercial Mortgage Securities Trust 2016-ISQR, Changes All Trends to Negative
- DBRS Morningstar Upgrades One Class of Morgan Stanley Bank of America Merrill Lynch Trust 2013-C7, Confirms Remaining Classes
- DBRS Morningstar Changes Trend, Confirms Rating on One Class of J.P. Morgan Chase Commercial Mortgage Securities Trust 2017-FL11
- DBRS Morningstar Changes Trends to Negative on Two Classes and Confirms Ratings on All Classes of TMSQ 2014-1500 Mortgage Trust
- DBRS Morningstar Discontinues Ratings on All Remaining Classes of Freddie Mac Structured Pass-Through Certificates, Series K-028
- DBRS Morningstar Upgrades Two Ratings, Confirms Two Other Ratings of Institutional Mortgage Securities Canada, Inc., Series 2013-3
- DBRS Morningstar Downgrades Ratings on Four Classes of JPMBB Commercial Mortgage Securities Trust 2015-C27, Confirms Remaining Classes
- DBRS Morningstar Finalizes North American CMBS Multi-Borrower Rating Methodology and North American CMBS Insight Model Version 1.1.0.0
- DBRS Morningstar Upgrades Ratings on Three Classes, Confirms Ratings on Remaining Three Classes of Angel Oak SB Commercial Mortgage Trust 2020-SBC1
- DBRS Morningstar Confirms Ratings on Morgan Stanley Bank of America Merrill Lynch Trust 2013-C9, Changes Trend for One Class to Negative From Stable
- DBRS Morningstar Confirms Ratings on GS Mortgage Securities Corporation Trust 2021-STAR Commercial Mortgage Pass-Through Certificates, Series 2021-STAR
- DBRS Morningstar Downgrades Rating on One Class, Changes Trends to Negative on Four Classes of Bank of America Merrill Lynch Commercial Mortgage Trust 2016-UBS10
- DBRS Morningstar Discontinues Rating on the Series A Bonds of OMERS Realty Corporation, 9856889 Canada Inc. and CPP Investment Board Real Estate Holdings Inc. (Centennial Place)
Contacts
- Gwen Roush
Associate Managing Director - North American CMBS Ratings, Surveillance
+(1) 312 332 9575
[email protected] - Richard Carlson
Managing Director, Credit Ratings - Commercial Real Estate Credit Ratings
+1 312 332 9451
[email protected] - Erin Stafford
Managing Director - North American Real Estate Ratings
+(1) 312 332 3291
[email protected] - Claire Mezzanotte
Group Managing Director, Global Head of Structured Finance Ratings - Credit Ratings Leadership
+(1) 212 806 3272
[email protected]
More from Morningstar DBRS
Related Events
- 10January2025
- 10January2025
- 17January2025Swiss ConfederationSovereign Rating Announcement