NEW YORK--(BUSINESS WIRE)--Fitch Ratings has affirmed the Issuer Default Rating (IDR) of Caparra Center Associates, LLC (Caparra) at 'BBB+'. Fitch has also affirmed Caparra's USD21.8 million secured bonds at 'A-'. The Rating Outlook is Stable. KEY RATING DRIVERS Stable Cash Flow Generation: Caparra's ratings reflect the company's stable cash flow generation due to the characteristics of its lease portfolio, which provides a stable base of fixed-rent income. Caparra's lease structure consists of
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