PWC(Logo)

 

**Reportof Independent Registered Public Accounting Firm**

 

Tothe Board of Directors, PNC Financial Services Group, Inc.

 

Wehave examined Midland Loan Services’, a division of PNC Bank, National Association (“Midland” or the“Company”), compliance with the servicing criteria set forth in Item 1122(d) of the Securities and ExchangeCommission’s Regulation AB for all transactions serviced on the *Enterprise!*Loan Management System (the“Platform”) described in the accompanying Management’s Report on Assessment of Compliance with SEC Regulation ABServicing Criteria, as of December 31, 2019 and for the year then ended excluding criteria 1122(d)(1)(iii), 1122(d)(3)(i)(B),1122(d)(3)(i)(C), 1122(d)(3)(i)(D), 1122(d)(3)(ii), 1122(d)(3)(iii), 1122(d)(3)(iv), and 1122(d)(4)(xv), which the Companyhas determined are not applicable to the servicing activities performed by them with respect to the Platform. Midland’smanagement is responsible for the Company’s compliance with the applicable servicing criteria. Our responsibility is toexpress an opinion on the Company’s compliance with the applicable servicing criteria based on our examination.

 

Asdescribed in management’s assertion, for servicing criteria 1122(d)(1)(i), 1122(d)(2)(ii), 1122(d)(4)(i), 1122(d)(4)(iii),1122(d)(4)(vi), and 1122(d)(4)(xi), the Company has engaged certain vendors to perform the activities required by theseservicing criteria. The Company has determined that these vendors are not considered “servicers” as defined inItem 1101(j) of Regulation AB, and the Company has elected to take responsibility for assessing compliance with the servicingcriteria applicable to each vendor as permitted by Compliance and Disclosure Interpretation 200.06 of the SEC Division ofCorporation Finance’s interpretations of the rules adopted under Regulation AB and the Securities Act and the ExchangeAct (“Interpretation 200.06”). As permitted by Interpretation 200.06, the Company has asserted that it haspolicies and procedures in place designed to provide reasonable assurance that the vendors’ activities comply in all materialrespects with the servicing criteria applicable to each vendor. The Company is solely responsible for determining that itmeets the SEC requirements to apply Interpretation 200.06 for the vendors and related criteria as described in its assertion,and we performed no procedures with respect to the Company’s determination of its eligibility to use Interpretation200.06.

 

Ourexamination was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States)and in accordance with attestation standards established by the American Institute of Certified Public Accountants. Thosestandards require that we plan and perform the examination to obtain reasonable assurance about whether the Company complied,in all material respects, with the applicable servicing criteria, and, accordingly, included examining, on a test basis,evidence about the Company’s compliance with the applicable servicing criteria and performing such other procedures aswe considered necessary in the circumstances. Our examination included testing of selected asset-backed transactions andsecurities that comprise the Platform, testing of selected servicing activities related to the Platform, and determiningwhether the Company processed those selected transactions and performed those selected activities in compliance with theapplicable servicing criteria. Our procedures were limited to the selected transactions and servicing activities performed bythe Company during the period covered by this report. Our procedures were not designed to detect noncompliance arising fromerrors that may have occurred prior to or subsequent to our tests that may have affected the balances or amounts calculatedor reported by the Company during the period covered by this report. We believe that our examination provides, and that theevidence we obtained is sufficient and appropriate to provide, a reasonable basis for our opinion. Our examination does notprovide a legal determination on the Company’s compliance with the servicing criteria.

 

Ourexamination disclosed the following material noncompliance with the servicing criteria set forth in Item 1122(d)(3)(i)(A) of RegulationAB applicable to the Company during year ended December 31, 2019.

 

*PricewaterhouseCoopers LLP, 1100 Walnut Street, Suite 1300,Kansas City, MO 64106*

*T:(816) 472 7921, F: (816) 218 1890 www.pwc.com/us*

 

 

 

 

PWC(Logo)

 

Asrequired by Item 1122(d)(3)(i)(A) of Regulation AB, reports to investors are maintained in accordance with transaction agreementsand applicable Commission requirements and are prepared in accordance with timeframes and other terms set forth in the transactionagreement. Certain instances were identified where the Schedule AL Filings (Item 1125 of Regulation AB) were not appropriatelyreported in accordance with the terms specified in the transaction agreements.

 

Inour opinion, except for the material noncompliance described in the preceding paragraph, Midland Loan Services complied with theaforementioned applicable servicing criteria as of and for the year ended December 31, 2019 for all transactions serviced on the*Enterprise!* Loan Management System, in all material respects.

  

/s/PricewaterhouseCoopers LLP

 

February20, 2020

 

2