(logo) C-III Capital Partners

 

 

**Management’s Report on Assessment of Compliance withSecurities and Exchange Commission’s Regulation AB Servicing Criteria**

 

1.       C-IIIAsset Management LLC (“C-III”) is responsible for assessing compliance with theservicing criteria applicable to it under paragraph (d) of Item 1122 ofRegulation AB, as of and for the 12-month period ending December 31, 2017 (the“Reporting Period”). The transactions covered by this report include alltransactions for which C-III acted as servicer involving first lien commercialmortgage loans (the “Platform”).

 

2.       Exceptas set forth in paragraph 3 below, C-III used criteria set forth in paragraph(d) of Item 1122 of Regulation AB to assess the compliance with the applicableservicing criteria.

 

3.       Thecriteria listed in the column title “Inapplicable Servicing Criteria” onAppendix A hereto are inapplicable to C-III based on the activities it performswith respect to the Platform.

 

4.       C-IIIhas determined that the following servicing criteria are not applicable to theC-III’s primary servicing based on the activities it performs:1122(d)(4)(i)-(iii).

 

5.       C-IIIhas determined that the following servicing criteria are not applicable to theC-III’s agency servicing based on the activities it performs: 1122(d)(1)(i),1122(d)(2)(iv), 1122(d)(4)(i)-(iii).

 

6.       C-IIIhas determined that the following servicing criteria are not applicable to theC-III’s special servicing based on the activities it performs:1122(d)(4)(x)(a)-(b) and 1122(d)(4)(xii)-(xiv).

 

7.       C-IIIhas determined that it has performed no activities included in the followingspecial servicing criteria: 1122(d)(2)(i) and 1122(d)(2)(iii)-(vii).

 

8.       C-IIIhas complied in all material respects with the applicable servicing criteria asof December 31, 2017 and for the Reporting Period with respect to the Platformtaken as a whole.

 

9.       DixonHughes Goodman LLP, an independent registered public accounting firm, hasissued an attestation report on C-III’s assessment of compliance with theapplicable servicing criteria for the Reporting Period.

 

Date: February 20, 2018

 

 

**C-III Asset Management LLC**

 

/s/ Barry K. Davis

Barry K. Davis, President

 

/s/ John Roach

John Roach, Director ofPrimary Servicing

 

 

APPENDIX A

 

| **SERVICING CRITERIA** | **APPLICABLE    SERVICING CRITERIA**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | **INAPPLICABLE   SERVICING    CRITERIA** |
|------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------|
| **Reference**          | **Criteria**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | **Performed Directly by   C-III**        | **Performed by Vendor(s)   for which C-III is the Responsible Party** | **Performed by   subservicer(s) or vendor(s) for which C-III is NOT the Responsible Party** | **NOT performed by C-III   or by subservicer(s) or vendor(s) retained by C-III** |
|                   | **General Servicing Considerations**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | ** **                               |   |   |   |
| 1122(d)(1)(i)          | Policies and procedures  are instituted to monitor any performance or other triggers and events of  default in accordance with the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | X                                        |   |   |   |
| 1122(d)(1)(ii)         | If any material servicing  activities are outsourced to third parties, policies and procedures are  instituted to monitor the third party’s performance and compliance with such  servicing activities.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | X                                        |   |   |   |
| 1122(d)(1)(iii)        | Any requirements in the  transaction agreements to maintain a back-up servicer for the pool assets are  maintained.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |                                     |   |   | X |
| 1122(d)(1)(iv)         | A fidelity bond and  errors and omissions policy is in effect on the party participating in the servicing  function throughout the reporting period in the amount of coverage required  by and otherwise in accordance with the terms of the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                          | X                                        |   |   |   |
| 1122(d)(1)(v)          | Aggregation of  information, as applicable, is mathematically accurate and the information  conveyed accurately reflects the information.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | X                                        |   |   |   |
|                   | **Cash Collection and Administration**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | ** **                               | ** ** | ** ** | ** ** |
| 1122(d)(2)(i)          | Payments on pool assets  are deposited into the appropriate custodial bank accounts and related bank clearing  accounts no more than two business days following receipt, or such other  number of days specified in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                              | X                                        |   |   |   |
| 1122(d)(2)(ii)         | Disbursements made via  wire transfer on behalf of an obligor or to an investor are made only by  authorized personnel.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |                                     |   |   | X |
| 1122(d)(2)(iii)        | Advances of funds or  guarantees regarding collections, cash flows or distributions, and any  interest or other fees charged for such advances, are made, reviewed and approved  as specified in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | X                                        |   |   |   |
| 1122(d)(2)(iv)         | The related accounts for  the transaction, such as cash reserve accounts or accounts established as a  form of overcollateralization, are separately maintained (e.g., with respect to  commingling of cash) as set forth in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                      | X                                        |   |   |   |
| 1122(d)(2)(v)          | Each custodial account  is maintained at a federally insured depository institution as set forth in  the transaction agreements. For purposes of this criterion, “federally  insured depository institution” with respect to a foreign financial  institution means a foreign financial institution that meets the requirements  of Rule 13k-1(b)(1) of the Securities Exchange Act.                                                                                                                                                                                                                                                                                                              | X                                        |   |   |   |
| 1122(d)(2)(vi)         | Unissued checks are  safeguarded so as to prevent unauthorized access.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | X                                        |   |   |   |
| 1122(d)(2)(vii)        | Reconciliations are  prepared on a monthly basis for all asset-backed securities related bank  accounts, including custodial accounts and related bank clearing accounts.  These reconciliations are (A) mathematically accurate; (B) prepared within 30  calendar days after the bank statement cutoff date, or such other number of  days specified in the transaction agreements; (C) reviewed and approved by  someone other than the person who prepared the reconciliation; and (D)  contain explanations for reconciling items. These reconciling items are  resolved within 90 calendar days of their original identification, or such  other number of days specified in the transaction agreements. | X                                        |   |   |   |
|                   | **Investor Remittances and Reporting**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | ** **                               | ** ** | ** ** | ** ** |
| 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 number of pool assets serviced by the  Servicer.                                  |                                     |   |   | X |
| 1122(d)(3)(ii)         | Amounts  due to investors are allocated and remitted in accordance with timeframes,  distribution priority and other terms set forth in the transaction  agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |                                     |   |   | X |
| 1122(d)(3)(iii)        | Disbursements made to an  investor are posted within two business days to the Servicer’s investor  records, or such other number of days specified in the transaction  agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |                                     |   |   | X |
| 1122(d)(3)(iv)         | Amounts remitted to  investors per the investor reports agree with cancelled checks, or other form  of payment, or custodial bank statements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |                                     |   |   | X |
|                   | **Pool Asset Administration**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |                                     |   |   |   |
| 1122(d)(4)(i)          | Collateral or security  on pool assets is maintained as required by the transaction agreements or  related mortgage loan documents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | X                                        |   |   |   |
| 1122(d)(4)(ii)         | Pool asset and related  documents are safeguarded as required by the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |                                     |   |   | X |
| 1122(d)(4)(iii)        | Any additions, removals  or substitutions to the asset pool are made, reviewed and approved in  accordance with any conditions or requirements in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | X                                        |   |   |   |
| 1122(d)(4)(iv)         | Payments on pool assets,  including any payoffs, made in accordance with the related pool asset  documents are posted to the Servicer’s obligor records maintained no more than  two business days after receipt, or such other number of days specified in  the transaction agreements, and allocated to principal, interest or other  items (e.g., escrow) in accordance with the related pool asset documents.                                                                                                                                                                                                                                                                                       | X                                        |   |   |   |
| 1122(d)(4)(v)          | The Servicer’s records  regarding the pool assets agree with the Servicer’s records with respect to  an obligor’s unpaid principal balance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |                                     |   |   | X |
| 1122(d)(4)(vi)         | Changes with respect to  the terms or status of an obligor's pool assets (e.g., loan modifications or  re-agings) are made, reviewed and approved by authorized personnel in  accordance with the transaction agreements and related pool asset documents.                                                                                                                                                                                                                                                                                                                                                                                                                                                    | X                                        |   |   |   |
| 1122(d)(4)(vii)        | Loss mitigation or  recovery actions (e.g., forbearance plans, modifications and deeds in lieu of  foreclosure, foreclosures and repossessions, as applicable) are initiated,  conducted and concluded in accordance with the timeframes or other  requirements established by the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                    | X                                        |   |   |   |
| 1122(d)(4)(viii)       | Records documenting  collection efforts are maintained during the period a pool asset is  delinquent in accordance with the transaction agreements. Such records are  maintained on at least a monthly basis, or such other period specified in the  transaction agreements, and describe the entity’s activities in monitoring  delinquent pool assets including, for example, phone calls, letters and  payment rescheduling plans in cases where delinquency is deemed temporary  (e.g., illness or unemployment).                                                                                                                                                                                   | X                                        |   |   |   |
| 1122(d)(4)(ix)         | Adjustments to interest  rates or rates of return for pool assets with variable rates are computed  based on the related pool asset documents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                                     |   |   | X |
| 1122(d)(4)(x)          | Regarding any funds held  in trust for an obligor (such as escrow accounts): (A) such funds are  analyzed, in accordance with the obligor’s pool asset documents, on at least  an annual basis, or such other period specified in the transaction  agreements; (B) interest on such funds is paid, or credited, to obligors in  accordance with applicable pool asset documents and state laws; and (C) such  funds are returned to the obligor within 30 calendar days of full repayment  of the related pool assets, or such other number of days specified in the  transaction agreements.                                                                                                           | X                                        |   |   |   |
| 1122(d)(4)(xi)         | Payments made on behalf  of an obligor (such as tax or insurance payments) are made on or before the  related penalty or expiration dates, as indicated on the appropriate bills or  notices for such payments, provided that such support has been received by the  Servicer at least 30 calendar days prior to these dates, or such other number  of days specified in the transaction agreements.                                                                                                                                                                                                                                                                                                          | X                                        |   |   |   |
| 1122(d)(4)(xii)        | Any late payment  penalties in connection with any payment to be made on behalf of an obligor  are paid from the Servicer’s funds and not charged to the obligor, unless the  late payment was due to the obligor’s error or omission.                                                                                                                                                                                                                                                                                                                                                                                                                                                            | X                                        |   |   |   |
| 1122(d)(4)(xiii)       | Disbursements made on  behalf of an obligor are posted within two business days to the obligor’s  records maintained by the Servicer, or such other number of days specified in  the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | X                                        |   |   |   |
| 1122(d)(4)(xiv)        | Delinquencies,  charge-offs and uncollectible accounts are recognized and recorded in  accordance with the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | X                                        |   |   |   |
| 1122(d)(4)(xv)         | Any external enhancement  or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of  Regulation AB, is maintained as set forth in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |                                     |   |   | X |