Rating Report
Arbor Realty Commercial Real Estate Notes 2021-FL3, Ltd.: Surveillance Performance Update
CMBSSummary
DBRS Limited (DBRS Morningstar) confirmed its ratings on all classes of notes issued by Arbor Realty Commercial Real Estate Notes 2021-FL3, Ltd. with Stable trends. The rating confirmations reflect the overall stable performance of the transaction, which has remained in line with DBRS Morningstar’s expectations since issuance.
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Contacts
Gloria Au
Vice President, Sector Lead - North American CMBS Ratings, Surveillance
+(1) 416 597 7450
gloria.au@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