DBRS Morningstar Discontinues Arbor Realty Commercial Real Estate Notes 2017-FL1, Ltd.

DBRS Limited (DBRS Morningstar) discontinued the ratings of the Floating-Rate Notes issued by Arbor Realty Commercial Real Estate Notes 2017-FL1, Ltd. (the Trust) as the Trust was terminated with the November 2019 remittance, following the repayment of the remaining loans in the transaction. This concludes DBRS Morningstar’s surveillance of this transaction.

Notes:
The principal methodology is the North American CMBS Surveillance Methodology, which can be found on www.dbrs.com under Methodologies & Criteria. For a list of the structured-finance-related methodologies that may be used during the rating process, please see the DBRS Morningstar Global Structured Finance Related Methodologies document, which can be found on www.dbrs.com in the Commentary tab under Regulatory Affairs. Please note that not every related methodology listed under a principal structured finance asset class methodology may be used to rate or monitor an individual structured finance or debt obligation.

The rated entity or its related entities did participate in the rating process for this rating action. DBRS Morningstar had access to the accounts and other relevant internal documents of the rated entity or its related entities in connection with this rating action.

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