...- BX Commercial Mortgage Trust 2021-VOLT's issuance is a CMBS transaction backed by a two-year, floating-rate, interest-only, commercial mortgage loan, with three, one-year extension options. The loan is secured by the borrowers' fee-simple interests in nine data center properties and the leasehold interest in one data center property, located across six states. - We assigned our preliminary ratings to the class A, X-CP, X-NCP, B, and C certificates. - The preliminary ratings reflect our view of the transaction's structure, and the collateral's historic and projected performance, among other factors. NEW YORK (S&P Global Ratings) Sept. 9, 2021--S&P Global Ratings today assigned its preliminary ratings to BX Commercial Mortgage Trust 2021-VOLT's commercial mortgage pass-through certificates (see list). The issuance is a CMBS transaction backed by a two-year, floating-rate, interest-only, commercial mortgage loan, with three, one-year extension options. The loan is secured by the borrowers'...
