Rating Report
Arbor Realty Commercial Real Estate Notes 2021-FL4, Ltd.: Surveillance Performance Update
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Summary
DBRS Limited (DBRS Morningstar) confirmed its ratings on all classes of commercial mortgage-backed notes issued by Arbor Realty Commercial Real Estate Notes 2021-FL4, Ltd. All trends are Stable. 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
Alice Cao
Senior Analyst - North American CMBS Ratings, Surveillance
+(1) 416 597 7361
alice.cao@morningstar.com- Peter Wideman
Vice President - North American CMBS Ratings, Surveillance
+(1) 416 597 7466
peter.wideman@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