NEW YORK–(BUSINESS WIRE)– #creditratingagency–KBRA is pleased to announce the assignment of preliminary ratings to 13 classes of BBCMS 2026-5C43, a $989.5 million CMBS conduit transaction collateralized by 43 commercial mortgage loans secured by 98 properties. The collateral properties are located throughout 26 MSAs, of which the three largest are New York (10.7% of pool balance), San Jose (9.9%), and Austin (9.6%). The pool’s three largest property type exposures are retail (22.5%), industrial (19.5%), and lodgi