**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:333-227446-06**

 

**Central Index Key Number of the issuing entity:****0001784958**

 

**BANK 2019-BNK20**

**(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:****0001102113**

 

**Bank of America, NationalAssociation**

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

** **

**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:****0000740906**

 

**Wells Fargo Bank, National Association**

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

 

**Central Index Key Number of the sponsor:****0001577313**

 

**National Cooperative Bank,N.A.**

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

 

| **New York**                                                        | **38-4123673**

**38-4123674**

**38-7221365** |
|---------------------------------------------------------------------|------------------------------------------------|
| **(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 in Rule405 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, andwill not be contained, to the best of registrant's knowledge, in definitiveproxy or information statements incorporated by reference in Part III of thisForm 10-K or 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 2019-BNK20 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 Grand Canal Shoppesmortgage loan and the Legacy Tower mortgage loan, which are serviced pursuantto the MSC 2019-H7 pooling and servicing agreement attached hereto as Exhibit4.2; and

  

•   the Park Tower at Transbaymortgage loan, which was serviced pursuant to the BANK 2019-BNK20 pooling andservicing agreement attached hereto as Exhibit 4.1 (from 9/26/19 to 10/22/19) and, following the securitization of the related leadservicing note, the BANK 2019-BNK21 pooling andservicing agreement attached hereto as Exhibit 4.3 (from 10/23/19 to 12/31/19).

 

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 pooling andservicing 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 agreementslisted in the Exhibit Index has confirmed to the registrant that it has notmade any such contingent advances during the reporting period, andconsequently, each such trustee 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 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 seniorcertificateholders in the transaction governed by such pooling and servicingagreement and is responsible for monitoring the performance of the specialservicer under such pooling and servicing agreement and producing certainreports to certificateholders relating to the resolution of the mortgage poolsecuritized pursuant to such pooling and servicing agreement.  Theoperating advisor under a pooling and servicing agreement does not have anyobligations with respect to any other transaction and is solely obligated toperform loan reporting functions with respect to the securitization governed bysuch pooling and servicing agreement.  Consequently, the operating advisorunder an Outside Pooling and Servicing Agreement neither participates in theservicing function for purposes of Item 1122 of Regulation AB nor performs thefunctions of a servicer for purposes of the definition of “servicer” under Item1101 of Regulation AB or for purposes of Item 1123 of Regulation AB.  Inaddition, while the operating advisor under a pooling and servicing agreementhas certain reporting obligations in respect of the related mortgage pool, ithas no obligation to collect or disburse funds in respect of the mortgage poolor to administer 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 reviewer under 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 suchdelinquent mortgage loans, and has no obligation to collect or disburse fundsin respect of the mortgage pool, to administer any of the underlying mortgageloans or to perform any servicing function.  Consequently, the assetrepresentations reviewer under a pooling and servicing agreement does notparticipate in the servicing function for purposes of Item 1122 of RegulationAB, is not responsible for the “management or collection of the pool assets ormaking allocations or distributions to holders of the asset-backed securities”within the meaning of “servicer” under Item 1101 of Regulation AB and does notperform the functions of a servicer for purposes of Item 1123 of Regulation AB.

•   Midland Loan Services, a Division of PNC Bank, NationalAssociation is the master servicer under the MSC2019-H7 pooling and servicing agreement, pursuant to which the Grand CanalShoppes mortgage loan and the Legacy Tower mortgage loan are serviced. Because Midland Loan Services, a Division of PNC Bank, NationalAssociation is not the BANK 2019-BNK20 masterservicer, is not affiliated with any sponsor and services only the Grand CanalShoppes mortgage loan and the Legacy Tower mortgage loan, which collectivelyconstitute less than 5% of the mortgage pool, Midland Loan Services, aDivision of PNC Bank, National Association, as MSC2019-H7 master servicer, does not constitute a reporting “servicing functionparticipant” for purposes of Item 1122 of Regulation AB, as specified in theInstruction 3 to Item 1122, and 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 BANK 2019-BNK21 pooling and servicingagreement, pursuant to which the Park Tower at Transbay mortgage loan isserviced.  Because Rialto Capital Advisors, LLC is not the BANK 2019-BNK21 special servicer, is notaffiliated with any sponsor and services only the Park Tower at Transbaymortgage loan, which constitutes more than 5% but less than 10% of the mortgagepool, Rialto Capital Advisors, LLC, as BANK2019-BNK21 special 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.

 

•   LNR Partners, LLC is thespecial servicer under the MSC 2019-H7 pooling and servicing agreement,pursuant to which the Grand Canal Shoppes mortgage loan and the Legacy Towermortgage loan are serviced.  Because LNR Partners, LLC is not the BANK 2019-BNK20 special servicer, is notaffiliated with any sponsor and services only the Grand Canal Shoppes mortgageloan and the Legacy Tower mortgage loan, which collectively constitute lessthan 5% of the mortgage pool, LNR Partners, LLC,as MSC 2019-H7 special servicer, 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.

 

In addition, each of the following partiesengaged the services of certain servicing function participants and sub-servicersfor the reporting period, as set forth below:

 

•  Wells Fargo Bank, NationalAssociation, as master servicer, engaged the services of CoreLogic CommercialReal Estate Services, Inc. and National Tax Search, LLC, in each case as aservicing function participant in respect of the entire mortgage pool for thereporting period.

 

•   Wells Fargo Bank, NationalAssociation, as master servicer under the BANK 2019-BNK21 pooling and servicingagreement, pursuant to which the Park Tower at Transbay mortgage loan isserviced, 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 Park Tower at Transbay mortgage loan for thereporting 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 September 26, 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 forpurported breaches of representations and warranties, (ii) notify investors ofalleged events of default, and (iii) abide by appropriate standards of carefollowing alleged 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 September26, 2019, Wells Fargo Bank, National Association, the master servicer andcustodian under the BANK 2019-BNK21 pooling and servicing agreement, pursuantto which the Park Tower at Transbay mortgage loan is serviced, is also themaster servicer and custodian under the BANK 2019-BNK20 pooling and servicingagreement, and the custodian under the MSC 2019-H7 pooling and servicingagreement, pursuant to which the Grand Canal Shoppes mortgage loan and theLegacy Tower mortgage loan are 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 assetlevel, and Midland was required to manually compile the information to presentit at the 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 September 1, 2019, between Morgan StanleyCapital I Inc., as depositor, Wells Fargo Bank, National Association, asgeneral master servicer, Midland Loan Services, a Division of PNC Bank,National Association, as general special servicer, National Cooperative Bank,N.A., as NCB master servicer and as NCB special servicer, Wells Fargo Bank,National Association, as certificate administrator, Wilmington Trust, NationalAssociation, as trustee, and Park Bridge Lender Services LLC, as operatingadvisor and as asset representations reviewer (filed as Exhibit 4.1 to theregistrant's Current Report on Form 8-K filed on September 26, 2019 under SECFile No. 333-227446-06 and incorporated by reference herein).

 

(4.2) Pooling and Servicing Agreement, dated as of July 1, 2019, between MorganStanley Capital I Inc., as depositor, Midland Loan Services, a Division of PNCBank, National Association, as master servicer, LNR Partners, LLC, as specialservicer, Wells Fargo Bank, National Association, as certificate administratorand trustee, and Pentalpha Surveillance LLC, as operating advisor and as assetrepresentations reviewer, relating to the MSC 2019-H7 securitizationtransaction, pursuant to which the Grand Canal Shoppes Mortgage Loan and theLegacy Tower Mortgage Loan are serviced (filed as Exhibit 4.2 to theregistrant's Current Report on Form 8-K filed on September 26, 2019 under SECFile No. 333-227446-06 and incorporated by reference herein).

 

(4.3)Poolingand Servicing Agreement, dated as of October 1, 2019, between Banc of AmericaMerrill Lynch Commercial Mortgage Inc., as depositor, Wells Fargo Bank,National Association, as master servicer, Rialto Capital Advisors, LLC, asspecial servicer, Park Bridge Lender Services LLC, as operating advisor and asasset representations reviewer, Wells Fargo Bank, National Association, ascertificate administrator, and Wilmington Trust, National Association, astrustee, relating to the BANK 2019-BNK21 securitization transaction, pursuantto which the Park Tower at Transbay Mortgage Loan is serviced (filed as Exhibit4.3 to the registrant's Current Report on Form 8-K filed on October 28, 2019under SEC File No. 333-227446-06 and incorporated by reference herein).

 

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

 

(33)  Reports on assessment ofcompliance with servicing criteria for asset-backed securities.

 

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  National Cooperative Bank, N.A., as NCB MasterServicer

 

33.5  Midland Loan Services, a Division of PNC Bank,National Association, as Special Servicer

 

33.6  National Cooperative Bank, N.A., as NCB SpecialServicer (see Exhibit 33.4)

 

33.7  Park Bridge Lender Services LLC, as Operating Advisor

 

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

 

33.9  National Tax Search, LLC, as Servicing FunctionParticipant

 

33.10  Wells Fargo Bank, National Association, as MasterServicer under the BANK 2019-BNK21 securitization, pursuant to which the followingmortgage loans were serviced by such party: Park Tower at Transbay (from10/23/19 to 12/31/19) (see Exhibit 33.3)

 

33.11  CoreLogic Commercial Real Estate Services, Inc., asServicing Function Participant under the BANK 2019-BNK21 securitization,pursuant to which the following mortgage loans were serviced by such party:Park Tower at Transbay (from 10/23/19 to 12/31/19) (see Exhibit 33.8)

 

33.12  National Tax Search, LLC, as Servicing FunctionParticipant under the BANK 2019-BNK21 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Park Tower at Transbay(from 10/23/19 to 12/31/19) (see Exhibit 33.9)

 

33.13  Rialto Capital Advisors, LLC, as Special Servicerunder the BANK 2019-BNK21 securitization, pursuant to which the followingmortgage loans were serviced by such party: Park Tower at Transbay (from10/23/19 to 12/31/19)

 

33.14  Wells Fargo Bank, National Association, as Custodianunder the BANK 2019-BNK21 securitization, pursuant to which the followingmortgage loans were serviced by such party: Park Tower at Transbay (from10/23/19 to 12/31/19) (see Exhibit 33.2)

 

33.15  Wells Fargo Bank, National Association, as Custodianunder the MSC 2019-H7 securitization, pursuant to which the following mortgageloans were serviced by such party: Grand Canal Shoppes (from 9/26/19 to12/31/19) and Legacy Tower (from 9/26/19 to 12/31/19) (see Exhibit 33.2)

 

(34). Attestation reports on assessment ofcompliance with servicing criteria for asset-backed securities.

 

34.1  WellsFargo Bank, National Association, as Certificate Administrator

 

34.2  WellsFargo Bank, National Association, as Custodian

 

34.3  WellsFargo Bank, National Association, as Master Servicer

 

34.4  NationalCooperative Bank, N.A., as NCB Master Servicer

 

34.5  MidlandLoan Services, a Division of PNC Bank, National Association, as SpecialServicer

 

34.6  NationalCooperative Bank, N.A., as NCB Special Servicer (see Exhibit 34.4)

 

34.7  ParkBridge Lender Services LLC, as Operating Advisor

 

34.8  CoreLogicCommercial Real Estate Services, Inc., as Servicing Function Participant

 

34.9  NationalTax Search, LLC, as Servicing Function Participant

 

34.10  WellsFargo Bank, National Association, as Master Servicer under the BANK 2019-BNK21securitization, pursuant to which the following mortgage loans were serviced bysuch party: Park Tower at Transbay (from 10/23/19 to 12/31/19) (see Exhibit34.3)

 

34.11  CoreLogicCommercial Real Estate Services, Inc., as Servicing Function Participant underthe BANK 2019-BNK21 securitization, pursuant to which the following mortgageloans were serviced by such party: Park Tower at Transbay (from 10/23/19 to12/31/19) (see Exhibit 34.8)

 

34.12  NationalTax Search, LLC, as Servicing Function Participant under the BANK 2019-BNK21securitization, pursuant to which the following mortgage loans were serviced bysuch party: Park Tower at Transbay (from 10/23/19 to 12/31/19) (see Exhibit34.9)

 

34.13  RialtoCapital Advisors, LLC, as Special Servicer under the BANK 2019-BNK21securitization, pursuant to which the following mortgage loans were serviced bysuch party: Park Tower at Transbay (from 10/23/19 to 12/31/19)

 

34.14  WellsFargo Bank, National Association, as Custodian under the BANK 2019-BNK21securitization, pursuant to which the following mortgage loans were serviced bysuch party: Park Tower at Transbay (from 10/23/19 to 12/31/19) (see Exhibit34.2)

 

34.15  WellsFargo Bank, National Association, as Custodian under the MSC 2019-H7securitization, pursuant to which the following mortgage loans were serviced bysuch party: Grand Canal Shoppes (from 9/26/19 to 12/31/19) and Legacy Tower(from 9/26/19 to 12/31/19) (see Exhibit 34.2)

 

(35). Servicer compliance statement.

 

35.1  Wells Fargo Bank,National Association, as Certificate Administrator

 

35.2  Wells Fargo Bank,National Association, as Custodian

 

35.3  Wells Fargo Bank,National Association, as Master Servicer

 

35.4  National CooperativeBank, N.A., as NCB Master Servicer

 

35.5  Midland Loan Services, aDivision of PNC Bank, National Association, as Special Servicer

 

35.6  National CooperativeBank, N.A., as NCB Special Servicer (see Exhibit 35.4)

 

35.7  Wells Fargo Bank,National Association, as Master Servicer under the BANK 2019-BNK21securitization, pursuant to which the following mortgage loans were serviced bysuch party: Park Tower at Transbay (from 10/23/19 to 12/31/19) (see Exhibit35.3)

 

35.8  Wells Fargo Bank,National Association, as Custodian under the BANK 2019-BNK21 securitization,pursuant to which the following mortgage loans were serviced by such party:Park Tower at Transbay (from 10/23/19 to 12/31/19) (see Exhibit 35.2)

 

35.9  Wells Fargo Bank, NationalAssociation, as Custodian under the MSC 2019-H7 securitization, pursuant towhich the following mortgage loans were serviced by such party: Grand CanalShoppes (from 9/26/19 to 12/31/19) and Legacy Tower (from 9/26/19 to 12/31/19)(see Exhibit 35.2)

 

(99.1) MortgageLoan Purchase Agreement, dated September 13, 2019, between Morgan StanleyCapital I Inc. and Morgan Stanley Mortgage Capital Holdings LLC (filed asExhibit 99.1 to the registrant's Current Report on Form 8-K filed on September26, 2019 under SEC File No. 333-227446-06 and incorporated by referenceherein).

 

(99.2) MortgageLoan Purchase Agreement, dated September 13, 2019, between Morgan StanleyCapital I Inc. and Bank of America, National Association (filed as Exhibit 99.2to the registrant's Current Report on Form 8-K filed on September 26, 2019under SEC File No. 333-227446-06 and incorporated by reference herein).

 

(99.3) MortgageLoan Purchase Agreement, dated September 13, 2019, between Morgan StanleyCapital I Inc. and Wells Fargo Bank, National Association (filed as Exhibit99.3 to the registrant's Current Report on Form 8-K filed on September 26, 2019under SEC File No. 333-227446-06 and incorporated by reference herein).

 

(99.4) MortgageLoan Purchase Agreement, dated September 13, 2019, between Morgan StanleyCapital I Inc. and National Cooperative Bank, N.A. (filed as Exhibit 99.4 tothe registrant's Current Report on Form 8-K filed on September 26, 2019 underSEC File No. 333-227446-06 and incorporated by reference herein).

 

(99.5) AgreementBetween Note Holders, dated as September 16, 2019, by and between Bank ofAmerica, N.A., as initial note A-1 holder, initial note A-2 holder, initialnote A-3 holder, initial note A-4 holder, initial Note A-5 holder, initial noteA-6 holder, initial note A-7 holder, initial note A-8 holder, initial note A-9holder and initial note A-10 holder, relating to the Park Tower at Transbayloan combination (filed as Exhibit 99.5 to the registrant's Current Report onForm 8-K filed on September 26, 2019 under SEC File No. 333-227446-06 andincorporated by reference herein).

 

(99.6) AgreementBetween Note Holders, dated as September 26, 2019, by and between Wells FargoBank, National Association, as initial note A-1 holder, initial note A-2 holderand initial note A-3 holder, relating to the Tower at Burbank loan combination(filed as Exhibit 99.6 to the registrant's Current Report on Form 8-K filed onSeptember 26, 2019 under SEC File No. 333-227446-06 and incorporated byreference herein).

 

(99.7) AgreementBetween Note Holders, dated as September 26, 2019, by and between MorganStanley Bank, N.A., as initial note A-1 holder and initial note A-2 holder,relating to the NKX Multifamily Portfolio loan combination (filed as Exhibit 99.7to the registrant's Current Report on Form 8-K/A filed on January 3, 2020 underSEC File No. 333-227446-06 and incorporated by reference herein).

 

(99.8) AgreementBetween Note Holders, dated as September 13, 2019, by and between MorganStanley Bank, N.A., as note A holder, Athene Annuity and Life Company, as noteB-1 holder, note B-2 holder and note B-6 holder, American Equity InvestmentLife Insurance Company, as note B-3 holder, Athene Annuity & Life AssuranceCompany, as note B-4 holder and The Lincoln National Life Insurance Company, asnote B-5 holder, relating to the Solstice on the Park loan combination (filedas Exhibit 99.8 to the registrant's Current Report on Form 8-K filed onSeptember 26, 2019 under SEC File No. 333-227446-06 and incorporated byreference herein).

 

(99.9) AgreementBetween Note Holders, dated as July 3, 2019, by and between Morgan StanleyBank, N.A., as note A-1 holder, Wells Fargo Bank, National Association, as noteA-2 holder, JPMorgan Chase Bank, National Association, as note A-3 holder,Goldman Sachs Bank USA, as note A-4 holder and CPPIB Credit Investments IIInc., as note B holder, relating to the Grand Canal Shoppes loan combination(filed as Exhibit 99.9 to the registrant's Current Report on Form 8-K filed onSeptember 26, 2019 under SEC File No. 333-227446-06 and incorporated byreference herein).

 

(99.10)Intercreditor Agreement, dated as July 24, 2019, by and between Morgan StanleyBank, N.A., as note A holder and Morgan Stanley Mortgage Capital Holdings LLC,as note B holder, relating to the Hawthorne Works Shopping Center loancombination (filed as Exhibit 99.10 to the registrant's Current Report on Form8-K filed on September 26, 2019 under SEC File No. 333-227446-06 andincorporated by reference herein).

 

(99.11) AgreementBetween Note Holders, dated as July 25, 2019, by and between Morgan StanleyBank, N.A., as initial note A-1 holder, initial note A-2 holder, initial A-3holder and initial Note A-4 holder, relating to the Eleven Seventeen Perimeterloan combination (filed as Exhibit 99.11 to the registrant's Current Report onForm 8-K filed on September 26, 2019 under SEC File No. 333-227446-06 andincorporated by reference herein).

 

(99.12) AgreementBetween Note Holders, dated as August 8, 2019, by and between Morgan StanleyBank, N.A., as initial note A-1 holder, initial note A-2 holder and initial A-3holder, relating to the Polo Towne Crossing SC loan combination (filed asExhibit 99.12 to the registrant's Current Report on Form 8-K filed on September26, 2019 under SEC File No. 333-227446-06 and incorporated by referenceherein).

 

(99.13) AgreementBetween Note Holders, dated as July 25, 2019, by and between Morgan StanleyBank, N.A., as initial note A-1 holder and initial note A-2 holder, relating tothe Legacy Tower loan combination (filed as Exhibit 99.13 to the registrant'sCurrent Report on Form 8-K filed on September 26, 2019 under SEC File No.333-227446-06 and incorporated by reference herein).

 

(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