Press Release|CMBS
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KBRA Withdraws Remaining Three Ratings for COMM 2013-CCRE13

14 Jul 2026   |   New York

Contacts

KBRA withdraws its outstanding ratings for classes D, E, and F for COMM 2013-CCRE13, a $32.2 million CMBS conduit transaction. The transaction has been reduced to three loans with a balance of $32.2 million from 54 loans and $1.1 billion at securitization. Classes D, E and F incurred principal losses in February 2026 and KBRA lowered their ratings to D. Cumulative principal losses on the transaction total $94.0 million according to the June 2026 remittance report. Classes E and F have been reduced to zero and the realized losses have reduced the principal balance of Class D to $32.2 million.

Details concerning the withdrawals are as follows:

  • Class D to WR (sf) from D (sf)
  • Class E to WR (sf) from D (sf)
  • Class F to WR (sf) from D (sf)

Related Publications

Methodologies

Disclosures

A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here.

Information on the meaning of each rating category can be located here.

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com.

About KBRA

Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan’s Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S.

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