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**MANAGEMENT’SASSERTION ON COMPLIANCE WITH SEC REGULATION AB SERVICING CRITERIA**

 

| 1. | Situs                 Holdings, LLC (the  “Company”  or  “Situs”), a wholly-owned subsidiary                 of SitusAMC Holdings Corporation,  is  responsible  for  assessing  compliance                  with  the  servicing  criteria applicable  to  it  in Item 1117, 1119, 1122(d)(3)(i)                 and 1122(d)(4)(vii) of Regulation AB of the Securities and Exchange Commission (“SEC”), as of and                 for the year ended December 31, 2019 (the “Reporting Period”), as set forth in Appendix A hereto.                 The transactions covered by this report (collectively referred to as “Operating or Trust Advisor Services                 Platform” or the “Platform”) include asset-backed securities transactions. This includes the                 asset-backed securities for which Situs acted in the capacity of Operating or Trust Advisor, as defined in Appendix                 B. |
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| 2. | Situs                 used the criteria set forth in Item 1122(d)(3)(i) and Item 1122(d)(4)(vii) of Regulation AB (defined in Appendix                 A) to assess the compliance with the applicable servicing criteria; |
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| 3. | Pursuant                 to Item 1117 of Regulation AB (defined in Appendix A), the Company has determined that there are no pending legal                 proceedings or proceedings by governmental authorities against the Company that are material to security owners                 of the deals as listed in Appendix B; |
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| 4. | During                 the reporting period, there were no loss mitigation or recovery actions initiated, conducted, or concluded on                 any of the active assets for which Situs is named as the Operating/Trust Advisor of record that would require                 action as the Operating or Trust Advisor. Therefore, Situs did not perform any Operating or Trust Advisor activities                 related to Item 1122(d)(4)(vii) of Regulation AB; |
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| 5. | During                 the reporting period, no control termination events occurred on any of the active assets for which Situs is named                 as the Operating/Trust Advisor of record. Therefore, no investor reporting actions, either preparation, review,                 or otherwise, were required to be performed by Situs with regards to the Company’s role as Operating/Trust                 and Situs did not perform any Operating or Trust Advisor activities related to Item 1122(d)(3)(i) of Regulation                 AB; |
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| 6. | Situs                 has complied in all material aspects, with the applicable servicing criteria as of December 31, 2019 and for                 the Reporting Period with respect to the deals listed in Appendix B taken as a whole; |
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| 7. | Grant                 Thornton LLP, an independent registered public accounting firm, has issued an attestation report on the Company’s                 assertion on compliance with the applicable servicing criteria for the Reporting Period. |
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| Situs                                         Holdings, LLC         |   |
|---------------------------------------------------------------------|--------|
| February                                         20, 2020           |   |
|                                                                |   |
| /s/ George Wisniewski                                               |   |   |
| George                                         Wisniewski           |   |
| Executive                                         Managing Director |   |

 

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**APPENDIXA – Applicable Servicing Criteria **

** **

| **SERVICING    CRITERIA** |
|---------------------------|
| **Reference**             | **Criteria** |
| Item    1117              | Describe briefly any legal proceedings pending against the sponsor, depositor, trustee, issuing entity, servicer contemplated by Item 1108(a)(3) of this Regulation AB, originator contemplated by Item 1110(b) of this Regulation AB, or other party contemplated by Item 1100(d)(1) of this Regulation AB, or of which any property of the foregoing is the subject, that is material to security holders. Include similar information as to any such proceedings known to be contemplated by governmental authorities.

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| Item    1119              | (a)Describe if so, and how, the sponsor, depositor or issuing entity is an affiliate (as defined in §230.405 of this chapter)of any of the following parties as well as, to the extent known and material, if so, and how, any of the following parties areaffiliates of any of the other following parties:(1) Servicer contemplated by Item 1108(a)(3) of thisRegulation AB.(2) Trustee.(3) Originator contemplated by Item 1110 of this RegulationAB.(4) Significant obligor contemplated by Item 1112 ofthis Regulation AB.(5) Enhancement or support provider contemplated byItems 1114 or 1115 of this Regulation AB.(6) Any other material parties related to the asset-backedsecurities contemplated by Item 1100(d)(1) of this Regulation AB.(b) Describe whether there is, and if so the generalcharacter of, any business relationship, agreement, arrangement, transaction or understanding that is entered into outside theordinary course of business or is on terms other than would be obtained in on arm’s length transaction with an unrelatedthird party, apart from the asset-backed securities transaction, between the sponsor, depositor or issuing entity and any of theparties in paragraphs (a)(1) through (a)(6) of this section, or any affiliates of such parties, that currently exists or thatexisted during the past two years and that is material to an Investor’s understanding of the asset-backed securities.

(c) Notwithstanding        paragraph (b) of this section, describe, to the extent material, any specific relationships involving or relating        to the asset-backed securities transaction or the pool assets, including the material terms and approximate        dollar amount involved, between the sponsor, depositor or issuing entity and any of the        parties in paragraphs (a)(1) through (a)(6) of this section, or any affiliates of such parties, that currently exists        or that existed during the past two years. |
| Item    1122(d)(3)(i)     | Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports: (A) Are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) Provide information calculated in accordance with the terms specified in the transaction agreements; (C) Are filed with the Commission as required by its rules and regulations; and (D) Agree with investors’ or the trustee’s records as to the total unpaid principal balance and 1number of pool assets serviced by the servicer.

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| Item    1122(d)(4)(vii)   | Loss mitigation or recovery actions (e.g. forbearance plans, modifications and deeds in lieu of foreclosure, foreclosure and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the a transaction agreements.

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**APPENDIXB – The Platform**

 

| **Portfolio**       | **Servicing    Agreement Date** |
|---------------------|---------------------------------|
| CGCMT    2012-GC8   | September    1, 2012            |
| CGCMT    2013-GC15  | September    1, 2013            |
| CGCMT    2014-GC19  | March    1, 2014                |
| CGCMT    2015-GC29  | April    1, 2015                |
| CGCMT    2015-GC33  | September    1, 2015            |
| COMM    2012-CCRE3  | October    1, 2012              |
| COMM    2013-CCRE13 | December    1, 2013             |
| COMM    2014-CCRE18 | June    1, 2014                 |
| COMM    2014-LC15   | March    1, 2014                |
| COMM    2014-UBS5   | September    1, 2014            |
| FORT    CRE 2018-1  | December    6, 2018             |
| GSMS    2012-GCJ7   | June    1, 2012                 |
| GSMS    2013-GCJ12  | May    1, 2013                  |
| GSMS    2013-GCJ16  | November    1, 2013             |
| GSMS    2014-GC24   | September    1, 2014            |
| GSMS    2015-GS1    | November    1, 2015             |
| MSBAM    2012-C5    | July    1, 2012                 |
| MSBAM    2012-C6    | October    1, 2012              |
| MSBAM    2013-C11   | August    1, 2013               |
| MSBAM    2013-C13   | December    1, 2013             |
| MSBAM    2013-C7    | January    1, 2013              |
| MSBAM    2013-C8    | February    1, 2013             |
| MSBAM    2014-C15   | April    1, 2014                |
| MSBAM    2014-C16   | June    1, 2014                 |
| MSBAM    2015-C21   | February    1, 2015             |
| MSBAM    2015-C27   | November    1, 2015             |
| MSCI    2015-UBS8   | December    1, 2015             |
| UBSBB    2013-C5    | February    1, 2013             |
| WFCM    2014-LC16   | June    1, 2014                 |

 

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