|Expense Ratio (net)||N/A|
|Last Cap Gain||N/A|
|Morningstar Risk Rating||N/A|
|Beta (5Y Monthly)||N/A|
|5y Average Return||N/A|
|Average for Category||N/A|
The ratings on four principal and interest (P&I) classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. The ratings on four P&I classes, Cl. C, Cl. D, Cl. E, and Cl. F, were downgraded due to a decline in pool performance, driven primarily by higher anticipated losses from specially serviced and troubled loans.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of CBRE Services, Inc. New York, June 11, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of CBRE Services, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Q1 2020 CBRE Group Inc Earnings Call