Ashford Hospitality Trust 2018-KEYS: Rating Report

DBRS, Inc. (DBRS) finalized its provisional ratings on the following classes of Commercial Mortgage Pass-Through Certificates, Series 2018-KEYS issued by Ashford Hospitality Trust 2018-KEYS:

-- Class A at AAA (sf)
-- Class B at AA (high) (sf)
-- Class C at AA (low) (sf)
-- Class D at A (sf)
-- Class E at BBB (sf)
-- Class X-CP at B (sf)
-- Class X-EXT at B (sf)
-- Class F at B (low) (sf)

All trends are Stable. The Class X-CP and X-EXT balances are notional.