Rating Report
AREIT 2019-CRE3 Trust: Surveillance Performance Update
CMBSSummary
DBRS Limited (DBRS Morningstar) upgraded its ratings on five classes of floating rate notes issued by AREIT 2019-CRE3 and confirmed the ratings on two classes. In addition, DBRS Morningstar changed the trend on Classes E and F to Stable from Negative, while the trends on all other classes remain Stable.
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Contacts
Peter Wideman
Vice President - North American CMBS Ratings, Surveillance
+(1) 416 597 7466
peter.wideman@morningstar.com- William Tierney
Assistant Vice President - North American CMBS Ratings, Surveillance
+(1) 312 244 7907
william.tierney@morningstar.com - Stephen Koehler
Vice President - North American CMBS Ratings, Surveillance
+(1) 312 332 9441
stephen.koehler@morningstar.com - Richard Carlson
Managing Director, Credit Ratings - Commercial Real Estate Credit Ratings
+1 312 332 9451
rich.carlson@morningstar.com