**Reportof Independent Registered Public Accounting Firm**

 

 

Boardof Managers

BerkadiaCommercial Mortgage LLC 

 

 

Wehave examined management’s assertion, included in the accompanying Report onAssessment of Compliance with SEC Regulation AB Servicing Criteria as PrimaryServicer (“Management’s Report”), that Berkadia Commercial Mortgage LLC (the“Company”) complied with the servicing criteria set forth in Item 1122(d) ofthe U.S. Securities and Exchange Commission’s Regulation AB for the PrimaryServicing Platform (the “Platform”) as of and for the year ended December 31,2017, excluding criteria 1122(d)(1)(iii), (3)(i)(C), (4)(ii), (4)(vii), and(4)(xv), which management has determined are not applicable to the activitiesperformed by the Company with respect to the Platform. The Platform consists ofthe publicly issued asset-backed transactions and securities for which theCompany is named as Primary Servicer of commercial mortgage loans. Managementis responsible for the Company’s compliance with the servicing criteria. Ourresponsibility is to express an opinion on management’s assertion about theCompany’s compliance with the applicable servicing criteria for the Platformbased on our examination. 

 

Ourexamination was conducted in accordance with the standards of the PublicCompany Accounting Oversight Board (United States) and, accordingly, includedexamining, on a test basis, evidence about the Company’s compliance with theapplicable servicing criteria for the Platform and performing such otherprocedures as we considered necessary in the circumstances. Our examinationincluded testing selected asset-backed transactions and securities constitutingthe Platform and evaluating whether the Company performed servicing activitiesrelated to those transactions and securities in compliance with the applicableservicing criteria for the period covered by this report. Accordingly, ourtesting may not have included servicing activities related to each asset-backedtransaction or security constituting the Platform. Further, our examination wasnot designed to detect material noncompliance that may have occurred prior tothe period covered by this report and that may have affected the Company’sservicing activities during the period covered by this report. We believe thatour examination provides a reasonable basis for our opinion. Our examinationdoes not provide a legal determination on the Company’s compliance with theapplicable servicing criteria. 

 

Asdescribed in Management’s Report, the Company engaged various vendors toperform servicing activities with respect to criteria 1122(d)(4)(i) and (4)(xi)through (4)(xiii). The Company determined that each vendor is not considered a“servicer,” as that term is defined in Item 1101(j) of Regulation AB, andtherefore, the Company is assuming responsibility for compliance with suchservicing criteria applicable to each vendor’s servicing activities. Inaccordance with Regulation AB and its related interpretations, the requirementfor management to assess compliance with the servicing criteria applicable to avendor’s activities is satisfied if the Company has instituted policies andprocedures to monitor whether such vendor’s activities comply in all materialrespects with such criteria. Compliance with the applicable servicing criteriais achieved if those policies and procedures are designed to provide reasonableassurance that such vendor’s activities comply with such criteria and thosepolicies and procedures are operating effectively for the period covered byManagement’s Report. Our examination does not provide a legal determination ofwhether a vendor is or is not considered a servicer and, therefore, on whetherthe Company, in Management’s Report, is eligible to elect to takeresponsibility for assessing compliance with the servicing criteria applicableto each vendor’s servicing activities. 

 

Inour opinion, management’s assertion that Berkadia Commercial Mortgage LLCcomplied with the aforementioned applicable servicing criteria as of and forthe year ended December 31, 2017 for the Primary Servicing Platform is fairlystated, in all material respects. 

 

 

/s/ Grant Thornton LLP

 

Philadelphia, Pennsylvania

 

February15, 2018