KBRA, a global full-service credit rating agency, is pleased to announce that Nitin Bhasin, CFA, Senior Managing Director and Global Head of Commercial Mortgage-Backed Securities (CMBS), has been elected to the Board of Governors of the Commercial Real Estate Finance Council (CREFC). CREFC is the leading trade association for the $5 trillion commercial real estate (CRE) finance industry and serves as a vital forum for market participants to engage in key policy, market, and industry developments.

Since joining KBRA in 2011, Nitin has played a pivotal role in building and expanding the firm’s CRE ratings platform. As one of the first members of KBRA’s CMBS team, he helped rate the agency’s inaugural rated CMBS transaction— laying the groundwork for what has become a cornerstone of KBRA’s structured finance practice. He has also been instrumental in strengthening KBRA’s relationships with CMBS investors by championing open dialogue, encouraging proactive engagement, and consistently reinforcing transparency around ratings and methodology.

At KBRA, Nitin leads the global CMBS ratings group, which covers a wide range of sectors, including private-label and agency CMBS, CRE collateralized loan obligations (CLO), single-family rental (SFR), small balance commercial (SBC), and re-REMICs. He also serves on KBRA’s Credit Policy Committee, contributing to policy and criteria development across structured, corporate, and government finance. His leadership has helped KBRA earn its strong reputation for analytical rigor, transparent methodologies, and insightful research.

“Nitin has played a foundational role in shaping KBRA’s commercial real estate ratings practice from the ground up,” said Eric Thompson, Global Head of Structured Finance Ratings at KBRA. “His election to the CREFC board underscores his standing as a market leader who brings valuable perspectives to the industry. We are thrilled to see him take on this leadership role and bring his deep expertise and collaborative spirit to the broader industry.”

Among his other pre-KBRA roles, Nitin advised on and executed CRE securitizations and net lease transactions at Wachovia Securities. He earned dual bachelor’s degrees in architecture and building science from Panjab University and an MBA from Wake Forest University. He is also a Chartered Financial Analyst (CFA) charterholder.

To view the full list of CREFC’s Board of Governors, click here.

About KBRA

KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. KBRA is recognized as a Qualified Rating Agency in Taiwan, and is also a Designated Rating Organization for structured finance ratings in Canada. As a full-service credit rating agency, investors can use KBRA ratings for regulatory capital purposes in multiple jurisdictions.

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