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Fitch Upgrades KeyBank N.A.'s Commercial Special Servicer Rating

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken the following actions on the commercial mortgage servicer ratings of KeyBank N.A. (doing business as KeyBank Real Estate Capital (KBREC)): --Special servicer rating upgraded to 'CSS1-' from 'CSS2+'; --Primary servicer rating affirmed at 'CPS2'; --Master servicer rating affirmed at 'CMS1'. The upgrade of the special servicer rating reflects the strength of KBREC's asset management and special servicing team, the continued improvement of the expe

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