Credit Rating Report
FS Rialto 2022-FL5 Issuer, LLC: Surveillance Performance Update
CMBSSummary
DBRS, Inc. (Morningstar DBRS) confirmed its credit ratings on all classes of notes issued by FS Rialto 2022-FL5 Issuer, LLC. The trends on the Class F and Class G Notes have been changed to Negative from Stable. The trends on the remaining classes remain Stable.
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Contacts
Stephen Koehler
Vice President - North American CMBS Ratings, Surveillance
+(1) 312 332 9441
stephen.koehler@morningstar.com- William Tierney
Vice President - North American CMBS Ratings, Surveillance
+(1) 312 244 7907
william.tierney@morningstar.com - Gwen Roush
Associate Managing Director - North American CMBS Ratings, Surveillance
+(1) 312 332 9575
gwen.roush@morningstar.com - Erin Stafford
Managing Director - North American Real Estate Ratings
+(1) 312 332 3291
erin.stafford@morningstar.com