Presale

VDCM Commercial Mortgage Trust 2025-AZ: Presale Report

CMBS

Summary

DBRS, Inc. (Morningstar DBRS) assigned provisional credit ratings to the Commercial Mortgage Pass-Through Certificates, Series 2025-AZ to be issued by VDCM Commercial Mortgage Trust 2025-AZ.

Ratings

VDCM Commercial Mortgage Trust 2025-AZ
  • Date Issued:Jun 23, 2025
  • Rating Action:Provis.-New
  • Ratings:(P) AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 23, 2025
  • Rating Action:Provis.-New
  • Ratings:(P) AA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 23, 2025
  • Rating Action:Provis.-New
  • Ratings:(P) A (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 23, 2025
  • Rating Action:Provis.-New
  • Ratings:(P) BBB (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 23, 2025
  • Rating Action:Provis.-New
  • Ratings:(P) BB (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 23, 2025
  • Rating Action:Provis.-New
  • Ratings:(P) B (high) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jun 23, 2025
  • Rating Action:Provis.-New
  • Ratings:(P) B (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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