NEW YORK, May 30, 2025--KBRA releases research examining the differences between asset-backed securities (ABS) and commercial mortgage-backed securities (CMBS) for data center transactions ...

Issuers have used ABS structures since 2018—and, beginning in 2021, CMBS single-borrower structures—to finance large data center assets, accounting for $48.69 billion in issuance across 88 ...