KBRA Affirms All Ratings for FREMF 2021-K743
22 Mar 2024 | New York
KBRA affirms all of its outstanding ratings for FREMF 2021-K743, an $800.5 million CMBS multi-borrower transaction. All loans were originated in conjunction with the Federal Home Loan Mortgage Corporation’s (Freddie Mac) K-Deal program. The affirmations follow a surveillance review of the transaction, which has exhibited an improvement in overall pool performance since securitization.
As of the February 2024 remittance period, none of the loans are specially serviced or delinquent and no loans have been identified as K-LOCs.
The transaction's WA KLTV is 106.5%, compared to 116.5% at last review and 123.4% at securitization. The KDSC is 2.06x, compared to 1.91x at last review and 1.79x at securitization.
To access rating and relevant documents, click here.
Click here to view the report.