** **

**UNITED STATESSECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON,D.C. 20549**

**FORM 10‐K**

(Mark one)

**/X/ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934**

**    For the fiscal year endedDecember 31, 2019 OR**

**//TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934**

**For the transition period from****            ****to****            **

 

 

 

**Commission file number:333-227446-03**

 

**Central Index Key Number of the issuing entity:****0001769961**

 

**BANK 2019-BNK17**

**(exact name of issuing entity as specified in itscharter)**

 

**Central Index Key Number of the depositor:0001547361**

 

**Morgan Stanley Capital I Inc.**

**(exact name of the depositor as specified in itscharter)**

 

**Central Index Key Number of the sponsor:0001541557**

 

**Morgan Stanley MortgageCapital Holdings LLC**

**(exact name of the sponsor as specified in its charter)**

 

**Central Index Key Number of the sponsor:****0001102113**

 

**Bank of America, NationalAssociation**

**(exact name of the sponsor as specified in its charter)**

 

**Central Index Key Number of the sponsor:****0000740906**

 

**Wells Fargo Bank, National Association**

**(exact name of the sponsor as specified in its charter)**

 

 

| **New York**                                                        | **38-4104447**

**38-4104448**

**38-7221279** |
|---------------------------------------------------------------------|------------------------------------------------|
| **(State or other jurisdiction of incorporation or  organization)** | **(I.R.S. Employer Identification Numbers)**   |

 

**c/o Wells Fargo Bank, N.A.**

**9062 Old Annapolis Road**

** Columbia, MD**

**(Address of principal executive offices)**

 

**21045**

**(Zip Code)**

 

**Telephone number, including area code:**

**(410) 884‐2000**

Securitiesregistered pursuant to Section 12(b) of the Act:

 

  

| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---------------------|-------------------|-------------------------------------------|
| None                |              |                                      |

 

Securitiesregistered pursuant to Section 12(g) of the Act:

 

  NONE.

 

Indicateby check mark if the registrant is a well-known seasoned issuer, as defined inRule 405 of the Securities Act.

 

  Yes___ No X

 

Indicateby check mark if the registrant is not required to file reports pursuant toSection 13 or Section 15(d) of the Act.

 

  Yes___ No X

 

Note- Checking the box above will not relieve any registrant required to filereports pursuant to Section 13 or 15(d) of the Exchange Act from theirobligations under those Sections.

 

Indicate by check mark whether the registrant (1) has filed all reportsrequired to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that theregistrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days.

 

  YesX No ___

 

Indicateby check mark whether the registrant has submitted electronically and posted onits corporate Web site, if any, every Interactive Data File required to besubmitted and posted pursuant to Rule 405 of Regulation S-T (Section 232.405 ofthis chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit and post such files).

 

  Notapplicable.

 

Indicateby check mark if disclosure of delinquent filers pursuant to Item 405 ofRegulation S-K (Section 229.405 of this chapter) is not contained herein, and willnot be contained, to the best of registrant's knowledge, in definitive proxy orinformation statements incorporated by reference in Part III of this Form 10-Kor any amendment to this Form 10-K.

 

  Notapplicable.

 

Indicateby check mark whether the registrant is a large accelerated filer, anaccelerated filer, a non-accelerated filer, a smaller reporting company, oremerging growth company. See the definitions of "large acceleratedfiler", "accelerated filer," "smaller reportingcompany," and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

 Largeaccelerated filer ___ Accelerated filer ___ Non-accelerated filer X (Do not check if a smaller reporting company)Smaller reporting company ___

 

Emerginggrowth company ___

 

Ifan emerging growth company, indicate by check mark if the registrant haselected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) ofthe Ex­change Act.

 

  Notapplicable.

 

Indicateby check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Act).

 

  Yes___ No X

 

Statethe aggregate market value of the voting and non-voting common equity held bynon-affiliates computed by reference to the price at which the common equitywas last sold, or the average bid and asked price of such common equity, as ofthe last business day of the registrant's most recently completed second fiscalquarter.

 

  Notapplicable.

 

Indicateby check mark whether the registrant has filed all documents and reportsrequired to be filed by Section 12, 13 or 15(d) of the Securities Exchange Actof 1934 subsequent to the distribution of securities under a plan confirmed bya court.

 

  Notapplicable.

 

Indicatethe number of shares outstanding of each of the registrant's classes of commonstock, as of the latest practicable date.

 

  Notapplicable.

 

DOCUMENTSINCORPORATED BY REFERENCE

 

Listhereunder the following documents if incorporated by reference and the Part ofthe Form 10-K (e.g., Part I, Part II, etc.) into which the document isincorporated: (1)Any annual report to security holders; (2) Any proxy orinformation statement; and (3)Any prospectus filed pursuant to Rule 424(b) or(c) under the Securities Act of 1933. The listed documents should be clearlydescribed for identification purposes (e.g., annual report to security holdersfor fiscal year ended December 24, 1980).

 

  Notapplicable.

 

**EXPLANATORY NOTES**

 

The BANK 2017-BNK17 mortgage pool includesthe following mortgage loans, each of which is serviced pursuant to a separatepooling and servicing agreement (each, an “Outside Pooling and ServicingAgreement”):

 

•   the ILPT Hawaii Portfoliomortgage loan, which is serviced pursuant to the ILPT 2019-SURF trust andservicing agreement attached hereto as Exhibit 4.2;

 

•   the Great Wolf Lodge SouthernCalifornia mortgage loan, which was serviced pursuant to the BANK 2019-BNK17pooling and servicing agreement attached hereto as Exhibit 4.1 (from 4/4/19 to5/13/19) and, following the securitizationof the related lead servicing note, the WFCM 2019-C50pooling and servicing agreement attached hereto as Exhibit 4.4 (from 5/14/19 to12/31/19); and

 

•   the Residence Inn NationalPortfolio mortgage loan, which is serviced pursuant to the BANK 2019-BNK16pooling and servicing agreement attached hereto as Exhibit 4.3.

 

Except as set forth below, each of theparties to each pooling and servicing agreement listed in the Exhibit Indexboth (1) participates in the servicing function for purposes of Item 1122 ofRegulation AB and (2) constitutes a servicer that meets the criteria in Item1108(a)(2)(i) through (iii) of Regulation AB for purposes of Item 1123 ofRegulation AB:

 

•   The trustee under a poolingand servicing agreement has a nominal role with respect to the mortgage poolsecuritized pursuant to such pooling and servicing agreement.  Thetrustee’s only servicing function is the contingent obligation to make certainadvances if the master servicer under such pooling and servicing agreementfails to do so, while all other servicing functions are performed by otherparties.  The trustee under each of the pooling and servicing agreements listedin the Exhibit Index has confirmed to the registrant that it has not made anysuch contingent advances during the reporting period, and consequently, eachsuch trustee does not participate in the servicing function for purposes ofItem 1122 of Regulation AB, nor does it perform the functions of a servicer forpurposes of the definition of “servicer” under Item 1101 of Regulation AB orfor purposes of Item 1123 of Regulation AB.

 

•   The certificate administratorunder a pooling and servicing agreement performs various payment administrationfunctions solely for the securitization governed by such pooling and servicingagreement and the mortgage pool securitized pursuant to such pooling andservicing agreement and does not have any obligations with respect to any othertransaction.  Consequently, the certificate administrator under an OutsidePooling and Servicing Agreement does not participate in the servicing functionfor purposes of Item 1122 of Regulation AB, nor does it perform the functionsof a servicer for purposes of the definition of “servicer” under Item 1101 ofRegulation AB or for purposes of Item 1123 of Regulation AB.

 

•   The operating advisor under apooling and servicing agreement represents the interests of senior certificateholdersin the transaction governed by such pooling and servicing agreement and isresponsible for monitoring the performance of the special servicer under suchpooling and servicing agreement and producing certain reports tocertificateholders relating to the resolution of the mortgage pool securitizedpursuant to such pooling and servicing agreement.  The operating advisorunder a pooling and servicing agreement does not have any obligations withrespect to any other transaction and is solely obligated to perform loanreporting functions with respect to the securitization governed by such poolingand servicing agreement.  Consequently, the operating advisor under anOutside Pooling and Servicing Agreement neither participates in the servicingfunction for purposes of Item 1122 of Regulation AB nor performs the functionsof a servicer for purposes of the definition of “servicer” under Item 1101 ofRegulation AB or for purposes of Item 1123 of Regulation AB.  In addition,while the operating advisor under a pooling and servicing agreement has certainreporting obligations in respect of the related mortgage pool, it has noobligation to collect or disburse funds in respect of the mortgage pool or toadminister any of the underlying mortgage loans.  Consequently, theoperating advisor under a pooling and servicing agreement participates in theservicing function for purposes of Item 1122 of Regulation AB, but is notresponsible for the “management or collection of the pool assets or makingallocations or distributions to holders of the asset-backed securities” withinthe meaning of “servicer” under Item 1101 of Regulation AB and does not performthe functions of a servicer for purposes of Item 1123 of Regulation AB. 

 

•   The asset representations reviewerunder a poolingand servicing agreement has a limited obligation to review certain delinquentmortgage loans after a specified delinquency threshold has been met and therequired percentage of certificateholders vote to direct a review of such delinquentmortgage loans, and has no obligation to collect or disburse funds in respectof the mortgage pool, to administer any of the underlying mortgage loans or toperform any servicing function.  Consequently, the asset representationsreviewer under a pooling and servicing agreement does not participate in theservicing function for purposes of Item 1122 of Regulation AB, is notresponsible for the “management or collection of the pool assets or makingallocations or distributions to holders of the asset-backed securities” withinthe meaning of “servicer” under Item 1101 of Regulation AB and does not performthe functions of a servicer for purposes of Item 1123 of Regulation AB.

•   NCB, N.A. as NCB masterservicer and NCB special servicer under the BANK 2019-BNK16 pooling andservicing agreement, only has obligations in respect of certain mortgage loanssold to the BANK 2019-BNK16 securitization trust by NCB, N.A. or its affiliateand has no obligations with respect to the Residence Inn National Portfolio mortgageloan and therefore in such capacity does not constitute a reporting “servicingfunction participant” for purposes of Item 1122 of Regulation AB, as specifiedin the Instruction 3 to Item 1122, and does not constitute a reporting“servicer” for purposes of Item 1123 of Regulation AB, as specified in theInstruction to Item 1123.

 

•   Midland Loan Services, a Division of PNC Bank, NationalAssociation is the master servicer under the ILPT2019-SURF trust and servicing agreement, pursuant to which the ILPT HawaiiPortfolio mortgage loan is serviced.  Because Midland LoanServices, a Division of PNC Bank, National Associationis not the BANK 2019-BNK17 master servicer, is not affiliated with any sponsorand services only the ILPT Hawaii Portfolio mortgage loan, which constitutesmore than 5% but less than 10% of the mortgage pool, Midland LoanServices, a Division of PNC Bank, National Association,as ILPT 2019-SURF master servicer, constitutes a reporting “servicing functionparticipant” for purposes of Item 1122 of Regulation AB, as specified in theInstruction 3 to Item 1122, but does not constitute a reporting “servicer” forpurposes of Item 1123 of Regulation AB, as specified in the Instruction to Item1123.

 

•   Rialto Capital Advisors, LLCis the special servicer under the ILPT 2019-SURF trust and servicing agreement,pursuant to which the ILPT Hawaii Portfolio mortgage loan is serviced, and thespecial servicer under the WFCM 2019-C50 pooling and servicing agreement,pursuant to which the Great Wolf Lodge Southern California mortgage loan isserviced.  Because Rialto Capital Advisors, LLC is not the BANK 2019-BNK17 special servicer,is notaffiliated with any sponsor and services only the ILPT Hawaii Portfoliomortgage loan and the Great Wolf Lodge Southern California mortgage loan, whichcollectively constitute more than 5% but less than 10% of the mortgage pool, RialtoCapital Advisors, LLC, as ILPT 2019-SURF specialservicer and WFCM 2019-C50 special servicer, constitutes a reporting “servicingfunction participant” for purposes of Item 1122 of Regulation AB, as specifiedin the Instruction 3 to Item 1122, but does not constitute a reporting“servicer” for purposes of Item 1123 of Regulation AB, as specified in theInstruction to Item 1123

 

•   KeyBank National Associationis the special servicer under the BANK 2019-BNK16 pooling and servicingagreement, pursuant to which the Residence Inn National Portfolio mortgage loanis serviced. Because KeyBank National Association is not the BANK 2019-BNK17 specialservicer, is not affiliated with any sponsor and services only the ResidenceInn National Portfolio mortgage loan, which constitutes less than 5% of themortgage pool, KeyBank National Association, as BANK 2019-BNK16 specialservicer, does not constitute a reporting “servicing function participant” forpurposes of Item 1122 of Regulation AB, as specified in the Instruction 3 toItem 1122, and does not constitute a reporting “servicer” for purposes of Item1123 of Regulation AB, as specified in the Instruction to Item 1123.

 

In addition, each of the following partiesengaged the services of certain servicing function participants andsub-servicers for the reporting period, as set forth below:

 

•  Wells Fargo Bank, NationalAssociation, as master servicer, engaged the services of (i) CoreLogicCommercial Real Estate Services, Inc. and National Tax Search, LLC, in eachcase as a servicing function participant in respect of the entire mortgage poolfor the reporting period, and (ii) Berkadia Commercial Mortgage LLC, as aservicing function participant in respect of 7.06% of the pool for thereporting period.

 

•   Wells Fargo Bank, NationalAssociation, as master servicer under the WFCM 2019-C50 pooling and servicingagreement, pursuant to which the Great Wolf Lodge Southern California mortgageloan is serviced, engaged the services of CoreLogic Commercial Real EstateServices, Inc. and National Tax Search, LLC, in each case as a servicingfunction participant in respect of the Great Wolf Lodge Southern Californiamortgage loan for the reporting period.

 

•   Wells Fargo Bank, NationalAssociation, as master servicer under the BANK 2019-BNK16 pooling and servicingagreement, pursuant to which the Residence Inn National Portfolio mortgage loanis serviced, engaged the services of CoreLogic Commercial Real Estate Services,Inc. and National Tax Search, LLC, in each case as a servicing functionparticipant in respect of the Residence Inn National Portfolio mortgage loanfor the reporting period.

 

| **PART I**   |                            |
|-------------------|---------------------------------|
|              |                            |
| **Item 1.**  | **Business.**                   |
|              | Omitted.                        |
| **Item 1A.** | **Risk Factors.**          |
|              | Omitted.                        |
| **Item 1B.** | **Unresolved Staff  Comments.** |
|              | None.                           |
| **Item 2.**  | **Properties.**                 |
|              | Omitted.                        |
| **Item 3.**  | **Legal Proceedings.**     |
|              | Omitted.                        |
| **Item 4.**  | **Mine Safety Disclosures.**    |
|              | Omitted.                        |
|              |                            |   |

 

| **PART II**  |                                                                                                                |
|-------------------|---------------------------------------------------------------------------------------------------------------------|
|              |                                                                                                                |
| **Item 5.**  | **Market for Registrant's  Common Equity, Related Stockholder Matters and Issuer Purchases of Equity  Securities.** |
|              | Omitted.                                                                                                            |
| **Item 6.**  | **Selected Financial Data.**                                                                                        |
|              | Omitted.                                                                                                            |
| **Item 7.**  | **Management's Discussion and  Analysis of Financial Condition and Results of Operations.**                         |
|              | Omitted.                                                                                                            |
| **Item 7A.** | **Quantitative and  Qualitative Disclosures About Market Risk.**                                                    |
|              | Omitted.                                                                                                            |
| **Item 8.**  | **Financial Statements and  Supplementary Data.**                                                                   |
|              | Omitted.                                                                                                            |
| **Item 9.**  | **Changes in and Disagreements  With Accountants on Accounting and Financial Disclosure.**                          |
|              | Omitted.                                                                                                            |
| **Item 9A.** | **Controls and Procedures.**                                                                                        |
|              | Omitted.                                                                                                            |
| **Item 9B.** | **Other Information.**                                                                                         |
|              | None.                                                                                                               |
|              |                                                                                                                |   |

 

| **PART III** |                                                                                                 |
|-------------------|------------------------------------------------------------------------------------------------------|
|              |                                                                                                 |
| **Item 10.** | **Directors, Executive Officers  and Corporate Governance.**                                         |
|              | Omitted.                                                                                             |
| **Item 11.** | **Executive Compensation.**                                                                          |
|              | Omitted.                                                                                             |
| **Item 12.** | **Security Ownership of  Certain Beneficial Owners and Management and Related Stockholder Matters.** |
|              | Omitted.                                                                                             |
| **Item 13.** | **Certain Relationships and  Related Transactions, and Director Independence.**                      |
|              | Omitted.                                                                                             |
| **Item 14.** | **Principal Accounting Fees  and Services.**                                                         |
|              | Omitted.                                                                                             |
|              |                                                                                                 |   |

 

**ADDITIONALDISCLOSURE ITEMS FOR REGULATION AB**

 

**Item1112(b) of Regulation AB, Significant Obligor Financial Information.**

 

Notapplicable.

 

**Item1114(b)(2) of Regulation AB, Significant Enhancement Provider FinancialInformation.**

 

Noentity or group of affiliated entities provides any enhancement or othersupport for the certificates as described under Item 1114 (a) of Regulation AB.

 

**Item1115(b) of Regulation AB, Certain Derivatives Instruments (FinancialInformation).**

 

Noentity or group of affiliated entities provides any derivative instruments forthe certificates as described under Item 1115 of Regulation AB.

 

**Item1117 of Regulation AB, Legal Proceedings.**

 

Theregistrant knows of no legal proceeding pending against the sponsors,depositor, trustee, issuing entity, servicer contemplated by Item 1108(a)(3) ofRegulation AB, originator contemplated by Item 1110(b) of Regulation AB, orother party contemplated by Item 1100(d)(1) of Regulation AB, or of which anyproperty of the foregoing is the subject, that is material to security holders,other than as disclosed in the prospectus of the issuing entity filed in a424(b)(2) filing dated April 4, 2019, and other than as follows:

 

Beginningon June 18, 2014, a group of institutional investors filed civil complaints inthe Supreme Court of the State of New York, New York County, and later the U.S.District Court for the Southern District of New York, against Wells Fargo Bank,N.A., (“Wells Fargo Bank”) in its capacity as trustee for certain residentialmortgage backed securities (“RMBS”) trusts. The complaints against Wells FargoBank alleged that the trustee caused losses to investors and asserted causes ofaction based upon, among other things, the trustee's alleged failure to: (i)notify and enforce repurchase obligations of mortgage loan sellers for purportedbreaches of representations and warranties, (ii) notify investors of allegedevents of default, and (iii) abide by appropriate standards of care followingalleged events of default. Relief sought included money damages in anunspecified amount, reimbursement of expenses, and equitable relief. InNovember 2018, Wells Fargo Bank reached an agreement, in which it denied anywrongdoing, to resolve such claims on a classwide basis for the 271 RMBS trustsat issue. On May 6, 2019, the court entered an order approving the settlementagreement. Separate lawsuits against Wells Fargo Bank making similarallegations filed by certain other institutional investors concerning severalRMBS trusts in New York federal and state court are not covered by the agreement.With respect to such litigations, Wells Fargo Bank believes plaintiffs' claimsare without merit and intends to contest the claims vigorously, but there canbe no assurances as to the outcome of the litigations or the possible impact ofthe litigations on Wells Fargo Bank or the RMBS trusts.

 

**Item1119 of Regulation AB, Affiliations and Certain Relationships and RelatedTransactions.**

 

Inaddition to the information regarding this Item that has been disclosed in theprospectus of the issuing entity filed in a 424(b)(2) filing dated April 4,2019, (i) Wells Fargo Bank, National Association, the master servicer andcustodian under the WFCM 2019-C50 pooling and servicing agreement, pursuant towhich the Great Wolf Lodge Southern California mortgage loan is serviced, isalso the master servicer and custodian under the BANK 2019-BNK17 pooling andservicing agreement, the master servicer and custodian under the BANK2019-BNK16 pooling and servicing agreement, pursuant to which the Residence InnNational Portfolio mortgage loan is serviced, and the custodian under the ILPT2019-SURF trust and servicing agreement, pursuant to which the ILPT HawaiiPortfolio mortgage loan is serviced; and (ii) Rialto Capital Advisors, LLC, thespecial servicer under the WFCM 2019-C50 pooling and servicing agreement,pursuant to which the Great Wolf Lodge Southern California mortgage loan isserviced, is also the special servicer under the ILPT 2019-SURF trust andservicing agreement, pursuant to which the ILPT Hawaii Portfolio mortgage loanis serviced.

 

**Item1122 of Regulation AB, Compliance with Applicable Servicing Criteria.**

 

Thereports on assessment of compliance with the servicing criteria forasset-backed securities and the related attestation reports on such assessmentsof compliance are attached hereto under Item 15.

 

Thereport on assessment of compliance with applicable servicing criteria furnishedpursuant to Item 1122 of Regulation AB by Midland Loan Services, a Division ofPNC Bank National Association discloses that a material instance ofnoncompliance occurred, as described below:

 

MaterialInstance of Noncompliance

 

In certain instances, the Schedule AL Files (Item 1125of Regulation AB) were not reported in accordance with the terms specified inthe transaction agreements, in conflict with Item 1122(d)(3)(i): “Reports toinvestors, including those to be filed with the Commission, are maintained inaccordance with the transaction agreements and applicable Commissionrequirements. Specifically, such reports: (A) Are prepared in accordance withtimeframes and other terms set forth in the transaction agreements”.  Thenoncompliance consisted of omitted or inaccurately reported numbers due to thefollowing: (1) the initial setup files contained information at the asset level,and Midland was required to manually compile the information to present it atthe loan level as required by Schedule AL; and (2) certain reportingrequirements required manual processing by Midland, including the use ofvarious data computation formulas, quality control checks and analysis.

 

The identified instances did not involve the servicingof assets included in this securitization.

 

StepsTaken to Remedy the Material Instance of Noncompliance

 

Midland’s Schedule AL reporting process was enhanced inApril of 2019, however, the process remained manual throughout the 2019calendar year and additional errors during such year were identified during therelated audit. Following identification, Midland made staffing changes andadditional improvements to its processes and procedures to support its ScheduleAL reporting obligations and expects to move to an automated solution for thisprocess.

 

**Item1123 of Regulation AB, Servicer Compliance Statement.**

 

Theservicer compliance statements are attached hereto under Item 15.

 

**PART IV**

 

**Item15. Exhibits, Financial Statement Schedules.**

 

(a) Exhibits.

 

(4.1)Poolingand Servicing Agreement, dated as of April 1, 2019, between Morgan StanleyCapital I Inc., as depositor, Wells Fargo Bank, National Association, as masterservicer, Midland Loan Services, a Division of PNC Bank, National Association,as special servicer, Wells Fargo Bank, National Association, as certificateadministrator, Wilmington Trust, National Association, as trustee, andPentalpha Surveillance LLC, as operating advisor and as asset representationsreviewer (filed as Exhibit 4.1 to the registrant's Current Report on Form 8-Kfiled on April 4, 2019 under SEC File No. 333-227446-03 and incorporated byreference herein).

 

(4.2)Trustand Servicing Agreement, dated as of March 7, 2019, between Morgan StanleyCapital I Inc., as depositor, Midland Loan Services, a Division of PNC Bank,National Association, as servicer, Rialto Capital Advisors, LLC, as specialservicer, Wells Fargo Bank, National Association, as certificate administrator,custodian and trustee, and Park Bridge Lender Services LLC, as operatingadvisor, relating to the ILPT 2019-SURF securitization transaction, pursuant towhich the ILPT Hawaii Portfolio Mortgage Loan is serviced (filed as Exhibit 4.2to the registrant's Current Report on Form 8-K filed on April 4, 2019 under SECFile No. 333-227446-03 and incorporated by reference herein).

 

(4.3)Poolingand Servicing Agreement, dated as of February 1, 2019, between Wells FargoCommercial Mortgage Securities, Inc., as depositor, Wells Fargo Bank, NationalAssociation, as general master servicer, KeyBank National Association, asgeneral special servicer, National Cooperative Bank, N.A., as NCB masterservicer and as NCB special servicer, Wells Fargo Bank, National Association,as certificate administrator, Wilmington Trust, National Association, astrustee, and Park Bridge Lender Services LLC, as operating advisor and as assetrepresentations reviewer, relating to the BANK 2019-BNK16 securitizationtransaction, pursuant to which the Residence Inn National Portfolio MortgageLoan is serviced (filed as Exhibit 4.3 to the registrant's Current Report onForm 8-K filed on April 4, 2019 under SEC File No. 333-227446-03 andincorporated by reference herein).

 

(4.4)Pooling and Servicing Agreement, dated as of May 1, 2019, between Wells FargoCommercial Mortgage Securities Inc., as depositor, Wells Fargo Bank, NationalAssociation, as master servicer, Rialto Capital Advisors, LLC, as specialservicer, Wells Fargo Bank, National Association, as certificate administrator,Wilmington Trust, National Association, as trustee, and Park Bridge LenderServices LLC, as operating advisor and as asset representations reviewer,relating to the WFCM 2019-C50 securitization transaction, pursuant to which theGreat Wolf Lodge Southern California Mortgage Loan is serviced (filed asExhibit 4.4 to the registrant's Current Report on Form 8-K filed on May 20,2019 under SEC File No. 333-227446-03 and incorporated by reference herein).

 

(31)  Rule13a-14(d)/15d-14(d) Certification.

 

(33) Reports on assessment of compliance with servicing criteria for asset-backedsecurities.

 

33.1 Wells Fargo Bank, National Association, as CertificateAdministrator

 

33.2 Wells Fargo Bank, National Association, as Custodian

 

33.3 Wells Fargo Bank, National Association, as MasterServicer

 

33.4 Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Special Servicer

 

33.5 Pentalpha Surveillance LLC, as Operating Advisor

 

33.6 CoreLogic Commercial Real Estate Services, Inc., asServicing Function Participant

 

33.7 National Tax Search, LLC, as Servicing FunctionParticipant

 

33.8 Berkadia Commercial Mortgage LLC, asServicing Function Participant

 

33.9 Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Master Servicer under the ILPT 2019-SURF securitization,pursuant to which the following mortgage loans were serviced by such party:ILPT Hawaii Portfolio (from 4/4/19 to 12/31/19) (see Exhibit 33.4)

 

33.10 Wells Fargo Bank, National Association, as MasterServicer under the WFCM 2019-C50 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Great Wolf Lodge SouthernCalifornia (from 5/14/19 to 12/31/19) (see Exhibit 33.3)

 

33.11 CoreLogic Commercial Real Estate Services, Inc., asServicing Function Participant under the WFCM 2019-C50 securitization, pursuantto which the following mortgage loans were serviced by such party: Great WolfLodge Southern California (from 5/14/19 to 12/31/19) (see Exhibit 33.6)

 

33.12 National Tax Search, LLC, as Servicing FunctionParticipant under the WFCM 2019-C50 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Great Wolf Lodge SouthernCalifornia (from 5/14/19 to 12/31/19) (see Exhibit 33.7)

 

33.13 Wells Fargo Bank, National Association, as MasterServicer under the BANK 2019-BNK16 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Residence Inn NationalPortfolio (from 4/4/19 to 12/31/19) (see Exhibit 33.3)

 

33.14 CoreLogic Commercial Real Estate Services, Inc., asServicing Function Participant under the BANK 2019-BNK16 securitization,pursuant to which the following mortgage loans were serviced by such party: ResidenceInn National Portfolio (from 4/4/19 to 12/31/19) (see Exhibit 33.6)

 

33.15 National Tax Search, LLC, as Servicing FunctionParticipant under the BANK 2019-BNK16 securitization, pursuant to which the followingmortgage loans were serviced by such party: Residence Inn National Portfolio(from 4/4/19 to 12/31/19) (see Exhibit 33.7)

 

33.16 Rialto Capital Advisors, LLC, as Special Servicer underthe ILPT 2019-SURF securitization, pursuant to which the following mortgageloans were serviced by such party: ILPT Hawaii Portfolio (from 4/4/19 to12/31/19)

 

33.17 Rialto Capital Advisors, LLC, as Special Servicer underthe WFCM 2019-C50 securitization, pursuant to which the following mortgageloans were serviced by such party: Great Wolf Lodge Southern California (from5/14/19 to 12/31/19) (see Exhibit 33.16)

 

33.18 Wells Fargo Bank, National Association, as Custodianunder the ILPT 2019-SURF securitization, pursuant to which the followingmortgage loans were serviced by such party: ILPT Hawaii Portfolio (from 4/4/19to 12/31/19) (see Exhibit 33.2)

 

33.19 Wells Fargo Bank, National Association, as Custodianunder the WFCM 2019-C50 securitization, pursuant to which the followingmortgage loans were serviced by such party: Great Wolf Lodge SouthernCalifornia (from 5/14/19 to 12/31/19) (see Exhibit 33.2)

 

33.20 Wells Fargo Bank, National Association, as Custodianunder the BANK 2019-BNK16 securitization, pursuant to which the followingmortgage loans were serviced by such party: Residence Inn National Portfolio(from 4/4/19 to 12/31/19) (see Exhibit 33.2)

 

(34). Attestationreports on assessment of compliance with servicing criteria for asset-backedsecurities.

 

34.1 Wells Fargo Bank, National Association, as CertificateAdministrator

 

34.2 Wells Fargo Bank, National Association, as Custodian

 

34.3 Wells Fargo Bank, National Association, as MasterServicer

 

34.4 Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Special Servicer

 

34.5 Pentalpha Surveillance LLC, as Operating Advisor

 

34.6 CoreLogic Commercial Real Estate Services, Inc., asServicing Function Participant

 

34.7 National Tax Search, LLC, as Servicing FunctionParticipant

 

34.8 Berkadia Commercial Mortgage LLC, asServicing Function Participant

 

34.9 Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Master Servicer under the ILPT 2019-SURF securitization,pursuant to which the following mortgage loans were serviced by such party:ILPT Hawaii Portfolio (from 4/4/19 to 12/31/19) (see Exhibit 34.4)

 

34.10 Wells Fargo Bank, National Association, as MasterServicer under the WFCM 2019-C50 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Great Wolf Lodge SouthernCalifornia (from 5/14/19 to 12/31/19) (see Exhibit 34.3)

 

34.11 CoreLogic Commercial Real Estate Services, Inc., asServicing Function Participant under the WFCM 2019-C50 securitization, pursuantto which the following mortgage loans were serviced by such party: Great WolfLodge Southern California (from 5/14/19 to 12/31/19) (see Exhibit 34.6)

 

34.12 National Tax Search, LLC, as Servicing Function Participantunder the WFCM 2019-C50 securitization, pursuant to which the followingmortgage loans were serviced by such party: Great Wolf Lodge SouthernCalifornia (from 5/14/19 to 12/31/19) (see Exhibit 34.7)

 

34.13 Wells Fargo Bank, National Association, as MasterServicer under the BANK 2019-BNK16 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Residence Inn NationalPortfolio (from 4/4/19 to 12/31/19) (see Exhibit 34.3)

 

34.14 CoreLogic Commercial Real Estate Services, Inc., asServicing Function Participant under the BANK 2019-BNK16 securitization,pursuant to which the following mortgage loans were serviced by such party:Residence Inn National Portfolio (from 4/4/19 to 12/31/19) (see Exhibit 34.6)

 

34.15 National Tax Search, LLC, as Servicing FunctionParticipant under the BANK 2019-BNK16 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Residence Inn NationalPortfolio (from 4/4/19 to 12/31/19) (see Exhibit 34.7)

 

34.16 Rialto Capital Advisors, LLC, as Special Servicer underthe ILPT 2019-SURF securitization, pursuant to which the following mortgageloans were serviced by such party: ILPT Hawaii Portfolio (from 4/4/19 to12/31/19)

 

34.17 Rialto Capital Advisors, LLC, as Special Servicer underthe WFCM 2019-C50 securitization, pursuant to which the following mortgageloans were serviced by such party: Great Wolf Lodge Southern California (from5/14/19 to 12/31/19) (see Exhibit 34.16)

 

34.18 Wells Fargo Bank, National Association, as Custodianunder the ILPT 2019-SURF securitization, pursuant to which the followingmortgage loans were serviced by such party: ILPT Hawaii Portfolio (from 4/4/19to 12/31/19) (see Exhibit 34.2)

 

34.19 Wells Fargo Bank, National Association, as Custodianunder the WFCM 2019-C50 securitization, pursuant to which the followingmortgage loans were serviced by such party: Great Wolf Lodge SouthernCalifornia (from 5/14/19 to 12/31/19) (see Exhibit 34.2)

 

34.20 Wells Fargo Bank, National Association, as Custodianunder the BANK 2019-BNK16 securitization, pursuant to which the followingmortgage loans were serviced by such party: Residence Inn National Portfolio(from 4/4/19 to 12/31/19) (see Exhibit 34.2)

 

(35). Servicercompliance statement.

 

35.1 Wells Fargo Bank, National Association, as CertificateAdministrator

 

35.2 Wells Fargo Bank, National Association, as Custodian

 

35.3 Wells Fargo Bank, National Association, as MasterServicer

 

35.4 Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Special Servicer

 

35.5 Wells Fargo Bank, National Association, as MasterServicer under the WFCM 2019-C50 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Great Wolf Lodge SouthernCalifornia (from 5/14/19 to 12/31/19) (see Exhibit 35.3)

 

35.6 Wells Fargo Bank, National Association, as MasterServicer under the BANK 2019-BNK16 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Residence Inn National Portfolio(from 4/4/19 to 12/31/19) (see Exhibit 35.3)

 

35.7 Wells Fargo Bank, National Association, as Custodianunder the ILPT 2019-SURF securitization, pursuant to which the followingmortgage loans were serviced by such party: ILPT Hawaii Portfolio (from 4/4/19to 12/31/19) (see Exhibit 35.2)

 

35.8 Wells Fargo Bank, National Association, as Custodianunder the WFCM 2019-C50 securitization, pursuant to which the followingmortgage loans were serviced by such party: Great Wolf Lodge SouthernCalifornia (from 5/14/19 to 12/31/19) (see Exhibit 35.2)

 

35.9 Wells Fargo Bank, National Association, as Custodianunder the BANK 2019-BNK16 securitization, pursuant to which the followingmortgage loans were serviced by such party: Residence Inn National Portfolio(from 4/4/19 to 12/31/19) (see Exhibit 35.2)

 

(99.1)MortgageLoan Purchase Agreement, dated March 21, 2019, between Morgan Stanley Capital IInc. and Morgan Stanley Mortgage Capital Holdings LLC (filed as Exhibit 99.1 tothe registrant's Current Report on Form 8-K filed on April 4, 2019 under SECFile No. 333-227446-03 and incorporated by reference herein).

 

(99.2)MortgageLoan Purchase Agreement, dated March 21, 2019, between Morgan Stanley Capital IInc. and Bank of America, National Association (filed as Exhibit 99.2 to theregistrant's Current Report on Form 8-K filed on April 4, 2019 under SEC FileNo. 333-227446-03 and incorporated by reference herein).

 

(99.3)MortgageLoan Purchase Agreement, dated March 21, 2019, between Morgan Stanley Capital IInc. and Wells Fargo Bank, National Association (filed as Exhibit 99.3 to the registrant'sCurrent Report on Form 8-K filed on April 4, 2019 under SEC File No.333-227446-03 and incorporated by reference herein).

 

(99.4)IntercreditorAgreement, dated as of March 25, 2019, by and between Morgan Stanley Bank,N.A., as note A-1 holder, Morgan Stanley Bank, N.A., as note A-2 holder, andMorgan Stanley Mortgage Capital Holdings LLC, as note B holder, relating to theTower 28 loan combination (filed as Exhibit 99.4 to the registrant's CurrentReport on Form 8-K filed on April 4, 2019 under SEC File No. 333-227446-03 andincorporated by reference herein).

 

(99.5)AgreementBetween Note Holders, dated as of March 7, 2019, by and between Morgan StanleyBank, N.A., as initial note A-1 holder, initial note A-5-1 holder, initial noteA-5-2 holder, initial note A-5-3 holder and initial Note A-5-4 holder, CitiReal Estate Funding Inc., as initial note A-2 holder, initial note A-6-1holder, initial note A-6-2 holder and initial note A-6-3 holder, UBS AG, NewYork Branch, as initial note A-3 holder, initial note A-7-1 holder, initialnote A-7-2 holder, initial note A-9 holder, initial note A-10 holder andinitial note A-11 holder, and JPMorgan Chase Bank, National Association, asinitial note A-4 holder, initial note A-8-1 holder and initial note A-8-2holder, relating to the ILPT Hawaii Portfolio loan combination (filed asExhibit 99.5 to the registrant's Current Report on Form 8-K filed on April 4,2019 under SEC File No. 333-227446-03 and incorporated by reference herein).

 

(99.6)IntercreditorAgreement, dated as of March 21, 2019, by and between Morgan Stanley Bank,N.A., as note A holder, Sun Life Assurance Company of Canada, as note B-1holder, and Sun Life Hong Kong Limited, as note B-2 holder, relating to theLandmark West Loop loan combination (filed as Exhibit 99.6 to the registrant'sCurrent Report on Form 8-K filed on April 4, 2019 under SEC File No.333-227446-03 and incorporated by reference herein).

 

(99.7)Amendedand Restated Co-Lender Agreement, dated as of March 15, 2019, by and betweenWells Fargo Bank, National Association, as note A-1 holder, Wells Fargo Bank,National Association, as note A-2 holder, Wells Fargo Bank, NationalAssociation, as note A-3 holder, Column Financial, Inc., as note A-4 holder,Wells Fargo Bank, National Association, as note A-5 holder, and KSL CapitalPartners Co Trust II, as note B-1 holder, relating to the Great Wolf LodgeSouthern California loan combination (filed as Exhibit 99.7 to the registrant'sCurrent Report on Form 8-K filed on April 4, 2019 under SEC File No.333-227446-03 and incorporated by reference herein).

 

(99.8)AgreementBetween Note Holders, dated as of February 8, 2019, by and between MorganStanley Bank, N.A., as initial note A-1-A holder, Morgan Stanley Bank, N.A., asinitial note A-1-B holder, and Morgan Stanley Bank, N.A., as initial note A-2holder, relating to the Residence Inn National Portfolio loan combination(filed as Exhibit 99.8 to the registrant's Current Report on Form 8-K filed onApril 4, 2019 under SEC File No. 333-227446-03 and incorporated by referenceherein).

 

(b)See (a) above.

 

(c) NotApplicable.

 

**SIGNATURES**

 

Pursuantto the requirements of Section 13 or 15(d) of the Securities Exchange Act of1934, the registrant has duly caused this report to be signed on its behalf bythe undersigned, thereunto duly authorized.

 

MorganStanley Capital I Inc.

(Depositor)

 

By:/s/ Jane Lam

JaneLam, Director and President

(seniorofficer in charge of securitization of the depositor)

 

Date: March 27, 2020