Presale

P11 Commercial Mortgage Trust 2025-P11: Presale Report

CMBS

Summary

DBRS, Inc. (Morningstar DBRS) assigned provisional credit ratings to the classes of Commercial Mortgage Pass-Through Certificates, Series 2025-P11 to be issued by P11 Commercial Mortgage Trust 2025-P11.

Ratings

P11 Commercial Mortgage Trust 2025-P11
  • Date Issued:Jul 10, 2025
  • Rating Action:Provis.-New
  • Ratings:(P) AAA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 10, 2025
  • Rating Action:Provis.-New
  • Ratings:(P) AA (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 10, 2025
  • Rating Action:Provis.-New
  • Ratings:(P) A (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 10, 2025
  • Rating Action:Provis.-New
  • Ratings:(P) BBB (low) (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 10, 2025
  • Rating Action:Provis.-New
  • Ratings:(P) BB (sf)
  • Trend:Stb
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 10, 2025
  • Rating Action:Provis.-New
  • Ratings:(P) BB (low) (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

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