**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:333-180779-18**

 

**Central Index Key Number of the issuingentity:0001646924**

 

**Morgan Stanley Bank of America Merrill Lynch Trust2015-C24**

**(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 its charter)**

 

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

 

**Morgan Stanley Mortgage Capital Holdings LLC**

**(exact names of the sponsors as specified in theircharters)**

 

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

 

**Bank of America, National Association**

**(exact names of the sponsors as specified in theircharters)**

 

**Central Index Key Number of the sponsor:0001548567**

 

**CIBC Inc.**

**(exact names of the sponsors as specified in theircharters)**

 

**Central Index Key Number of the sponsor:0001682532**

 

**Starwood Mortgage Funding III LLC**

**(exact names of the sponsors as specified in theircharters)**

 

| **New York**                                                        | **38‐3976040  38‐3976041  38‐3976042  38‐7143569** |
|---------------------------------------------------------------------|----------------------------------------------------------------------------|
| **(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 be submittedand posted pursuant to Rule 405 of Regulation S-T (Section 232.405 of thischapter) during the preceding 12 months (or for such shorter period that theregistrant 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 is incorporated:(1)Any annual report to security holders; (2) Any proxy or informationstatement; and (3)Any prospectus filed pursuant to Rule 424(b) or (c) under theSecurities Act of 1933. The listed documents should be clearly described foridentification purposes (e.g., annual report to security holders for fiscalyear ended December 24, 1980).

 

  Notapplicable.

 

**EXPLANATORY NOTES**

 

The MSBAM2015-C24 mortgage pool includes the following mortgage loans, each of which isserviced pursuant to a separate pooling and servicing agreement (each, an“Outside Pooling and Servicing Agreement”):• the 32 Old Slip Fee mortgage loan, which is serviced pursuant to the MSBAM2015-C23 pooling and servicing agreement attached hereto as Exhibit 4.3.

 

Except asset forth below, each of the parties to each pooling and servicing agreementlisted in the Exhibit Index both (1) participates in the servicing function forpurposes of Item 1122 of Regulation AB and (2) constitutes a servicer thatmeets the criteria in Item 1108(a)(2)(i) through (iii) of Regulation AB forpurposes of Item 1123 of Regulation AB:

 

• Thetrustee under a pooling and servicing agreement has a nominal role with respectto the mortgage pool securitized pursuant to such pooling and servicing agreement.The trustee’s only servicing function is the contingent obligation to makecertain advances if the master servicer under such pooling and servicingagreement fails to do so, while all other servicing functions are performed byother parties. 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.

 

• Thecertificate administrator under a pooling and servicing agreement performsvarious payment administration functions solely for the securitization governedby such pooling and servicing agreement and the mortgage pool securitizedpursuant to such pooling and servicing agreement and does not have anyobligations with respect to any other transaction. Consequently, thecertificate administrator under an Outside Pooling and Servicing Agreement doesnot participate in the servicing function for purposes of Item 1122 of RegulationAB, nor does it perform the functions of a servicer for purposes of thedefinition of “servicer” under Item 1101 of Regulation AB or for purposes ofItem 1123 of Regulation AB.

 

• Theoperating advisor under a pooling and servicing agreement represents theinterests of senior certificateholders in the transaction governed by suchpooling and servicing agreement and is responsible for monitoring theperformance of the special servicer under such pooling and servicing agreementand producing certain reports to certificateholders relating to the resolutionof the mortgage pool securitized pursuant to such pooling and servicingagreement. The operating advisor under a pooling and servicing agreement doesnot have any obligations with respect to any other transaction and is solelyobligated to perform loan reporting functions with respect to thesecuritization governed by such pooling and servicing agreement. Consequently, the operating advisor under an Outside Pooling and ServicingAgreement neither participates in the servicing function for purposes of Item1122 of Regulation AB nor performs the functions of a servicer for purposes ofthe definition of “servicer” under Item 1101 of Regulation AB or for purposesof Item 1123 of Regulation AB. In addition, while the operating advisor under apooling and servicing agreement has certain reporting obligations in respect ofthe related mortgage pool, it has no obligation to collect or disburse funds inrespect of the mortgage pool or to administer any of the underlying mortgageloans.  Consequently, the operating advisor under a pooling and servicingagreement participates in the servicing function for purposes of Item 1122 ofRegulation AB, but is not responsible for the “management or collection of thepool assets or making allocations or distributions to holders of theasset-backed securities” within the meaning of “servicer” under Item 1101 ofRegulation AB and does not perform the functions of a servicer for purposes ofItem 1123 of Regulation AB.

 

• WellsFargo Bank, National Association, the excluded mortgage loan special servicerunder the MSBAM 2015-C23 pooling and servicing agreement, only has obligationsin respect of certain mortgage loans sold to the MSBAM 2015-C23 securitizationtrust to the extent the special servicer thereunder is affiliated with therelated borrowers. Wells Fargo Bank, National Association has no obligationswith respect to the 32 Old Slip Fee mortgage loan or any mortgage loan includedin the MSBAM 2015-C24 mortgage pool and therefore does not constitute areporting “servicing function participant” for purposes of Item 1122 ofRegulation AB, as specified in the Instruction 3 to Item 1122, and does notconstitute a reporting “servicer” for purposes of Item 1123 of Regulation AB,as specified in the Instruction to Item 1123.

 

• InMarch 2016, LNR Securities Holdings, LLC, the designated representative of the535-545 Fifth Avenue controlling note holder, appointed LNR Partners, LLC toact as special servicer for the 535-545 Fifth Avenue mortgage loan under theMSBAM 2015-C24 pooling and servicing agreement.

 

Inaddition, each of the following parties engaged the services of certainservicing function participants and sub-servicers for the reporting period, asset forth below:• Wells Fargo Bank, National Association, as master servicer, engaged theservices of CoreLogic Commercial Real Estate Services, Inc. and National TaxSearch, LLC, in each case as a servicing function participant in respect of theentire mortgage pool for the reporting period.

 

• Wells Fargo Bank, National Association, as master servicer underthe MSBAM 2015-C23 pooling and servicing agreement, pursuant to which the 32Old Slip Fee mortgage loan is serviced, engaged the services of CoreLogicCommercial Real Estate Services, Inc. and National Tax Search, LLC, in eachcase as a servicing function participant in respect of the 32 Old Slip Feemortgage loan for 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.**

 

Themortgaged property securing the 535-545 Fifth Avenue loan constitutes a significantobligor within the meaning of 1101(k)(2) of Regulation AB. The most recent(unaudited) net operating income of the significant obligor for the 2019calendar year is $14,349,791.

 

**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, or otherparty 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)(5) filing dated August 5, 2015, 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 WellsFargo Bank alleged that the trustee caused losses to investors and assertedcauses of action based upon, among other things, the trustee's alleged failureto: (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 thesettlement agreement.  Separate lawsuits against Wells Fargo Bank makingsimilar allegations filed by certain other institutional investors concerningseveral RMBS trusts in New York federal and state court are not covered by theagreement.  With respect to such litigations, Wells Fargo Bank believesplaintiffs' claims are without merit and intends to contest the claimsvigorously, but there can be no assurances as to the outcome of the litigationsor the possible impact of the litigations on Wells Fargo Bank or the RMBStrusts.

 

**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)(5) filing dated August 5,2015, LNR Partners, LLC is an affiliate of Starwood Mortgage Funding III LLC, asponsor and mortgage loan seller under the MSBAM 2015-C24 securitizationtransaction, Starwood Mortgage Capital LLC, an originator of certain of themortgage loans included in the MSBAM 2015-C24 securitization transaction, andLNR Securities Holdings, LLC, the controlling class representative under theMSBAM 2015-C23 transaction as of the closing date thereof, pursuant to whichthe 32 Old Slip Fee mortgage loan is serviced, and, as of the time of theappointment of LNR Partners, LLC as special servicer with respect to the535-545 Fifth Avenue mortgage loan, the controlling class representative andthe holder of certificates representing more than 50% of the aggregatecertificate balance of the controlling class under the MSBAM 2015-C26transaction, pursuant to which the 535-545 Fifth Avenue control note wassecuritized, and LNR Partners, LLC is also the special servicer under the MSBAM2015-C23 transaction, pursuant to which the 32 Old Slip Fee mortgage isserviced.

 

**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 of noncomplianceoccurred, 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 with timeframesand 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) Pooling and Servicing Agreement, dated as of August 1,2015, between Morgan Stanley Capital I Inc., as depositor, Wells Fargo Bank,National Association, as master servicer, Midland Loan Services, a Division ofPNC Bank, National Association, as special servicer, Park Bridge LenderServices LLC, as trust advisor, Wilmington Trust, National Association, astrustee, and Wells Fargo Bank, National Association, as custodian, certificateadministrator, certificate registrar and authenticating agent. (filed asExhibit 4.1 to the registrant's Current Report on Form 8-K/A filed on October15, 2015 under SEC File No. 333-180779-18 and incorporated by referenceherein).

 

(4.2)Pooling and Servicing Agreement, dated as of June 1,2015, between Morgan Stanley Capital I Inc., as depositor, Wells Fargo Bank,National Association, as master servicer, LNR Partners, LLC, as general specialservicer, Wells Fargo Bank, National Association, as excluded mortgage loanspecial servicer, Pentalpha Surveillance LLC, as trust advisor, WilmingtonTrust, National Association, as trustee, and Wells Fargo Bank, NationalAssociation, as custodian, certificate administrator, certificate registrar andauthenticating agent, relating to the MSBAM 2015-C23 securitizationtransaction, pursuant to which the 32 Old Slip Fee Mortgage Loan is serviced(filed as Exhibit 4.2 to the registrant's Current Report on Form 8-K filed onAugust 5, 2015 under SEC File No. 333-180779-18 and incorporated by referenceherein).

 

(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 Master Servicer

 

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

 

33.5 LNR Partners, LLC, as Special Servicer (with respect tothe 535-545 Fifth Avenue mortgage loan)

 

33.6 Park Bridge Lender Services LLC, as Operating Advisor

 

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

 

33.8 National Tax Search, LLC, as Servicing FunctionParticipant

 

33.9 Wells Fargo Bank, National Association, as MasterServicer under the MSBAM 2015-C23 securitization, pursuant to which the followingmortgage loans were serviced by such party: 32 Old Slip Fee (from 1/1/19 to12/31/19) (see Exhibit 33.3)

 

33.10 CoreLogic Commercial Real Estate Services, Inc., as ServicingFunction Participant under the MSBAM 2015-C23 securitization, pursuant to whichthe following mortgage loans were serviced by such party: 32 Old Slip Fee (from1/1/19 to 12/31/19) (see Exhibit 33.7)

 

33.11 National Tax Search, LLC, as Servicing FunctionParticipant under the MSBAM 2015-C23 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 32 Old Slip Fee (from1/1/19 to 12/31/19) (see Exhibit 33.8)

 

33.12 LNR Partners, LLC, as Special Servicer under the MSBAM2015-C23 securitization, pursuant to which the following mortgage loans wereserviced by such party: 32 Old Slip Fee (from 1/1/19 to 12/31/19) (see Exhibit33.5)

 

33.13 Wells Fargo Bank, National Association, as Custodianunder the MSBAM 2015-C23 securitization, pursuant to which the followingmortgage loans were serviced by such party: 32 Old Slip Fee (from 1/1/19 to12/31/19) (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 LNR Partners, LLC, as Special Servicer (with respect tothe 535-545 Fifth Avenue mortgage loan)

 

34.6 Park Bridge Lender Services LLC, as Operating Advisor

 

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

 

34.8 National Tax Search, LLC, as Servicing FunctionParticipant

 

34.9 Wells Fargo Bank, National Association, as MasterServicer under the MSBAM 2015-C23 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 32 Old Slip Fee (from1/1/19 to 12/31/19) (see Exhibit 34.3)

 

34.10 CoreLogic Commercial Real Estate Services, Inc., asServicing Function Participant under the MSBAM 2015-C23 securitization, pursuantto which the following mortgage loans were serviced by such party: 32 Old SlipFee (from 1/1/19 to 12/31/19) (see Exhibit 34.7)

 

34.11 National Tax Search, LLC, as Servicing FunctionParticipant under the MSBAM 2015-C23 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 32 Old Slip Fee (from1/1/19 to 12/31/19) (see Exhibit 34.8)

 

34.12 LNR Partners, LLC, as Special Servicer under the MSBAM2015-C23 securitization, pursuant to which the following mortgage loans wereserviced by such party: 32 Old Slip Fee (from 1/1/19 to 12/31/19) (see Exhibit34.5)

 

34.13 Wells Fargo Bank, National Association, as Custodian underthe MSBAM 2015-C23 securitization, pursuant to which the following mortgageloans were serviced by such party: 32 Old Slip Fee (from 1/1/19 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 LNR Partners, LLC, as Special Servicer (with respect tothe 535-545 Fifth Avenue mortgage loan)

 

35.6 Wells Fargo Bank, National Association, as MasterServicer under the MSBAM 2015-C23 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 32 Old Slip Fee (from1/1/19 to 12/31/19) (see Exhibit 35.3)

 

35.7 LNR Partners, LLC, as Special Servicer under the MSBAM2015-C23 securitization, pursuant to which the following mortgage loans wereserviced by such party: 32 Old Slip Fee (from 1/1/19 to 12/31/19) (see Exhibit35.5)

 

35.8 Wells Fargo Bank, National Association, as Custodianunder the MSBAM 2015-C23 securitization, pursuant to which the followingmortgage loans were serviced by such party: 32 Old Slip Fee (from 1/1/19 to12/31/19) (see Exhibit 35.2)

 

(99.1)Mortgage Loan Purchase Agreement, dated July 24, 2015,between Morgan Stanley Capital I Inc. and Morgan Stanley Mortgage CapitalHoldings LLC (filed as Exhibit 99.1 to the registrant's Current Report on Form8-K/A filed on October 15, 2015 under SEC File No. 333-180779-18 andincorporated by reference herein).

 

(99.2)Mortgage Loan Purchase Agreement, dated July 24, 2015,between Morgan Stanley Capital I Inc. and Bank of America, National Association(filed as Exhibit 99.2 to the registrant's Current Report on Form 8-K/A filedon October 15, 2015 under SEC File No. 333-180779-18 and incorporated byreference herein).

 

(99.3)Mortgage Loan Purchase Agreement, dated July 24, 2015,between Morgan Stanley Capital I Inc. and CIBC Inc. (filed as Exhibit 99.3 tothe registrant's Current Report on Form 8-K/A filed on October 15, 2015 under SECFile No. 333-180779-18 and incorporated by reference herein).

 

(99.4)Mortgage Loan Purchase Agreement, dated July 24, 2015,between Morgan Stanley Capital I Inc., Starwood Mortgage Funding III LLC andStarwood Mortgage Capital LLC (filed as Exhibit 99.4 to the registrant'sCurrent Report on Form 8-K/A filed on October 15, 2015 under SEC File No.333-180779-18 and incorporated by reference herein).

 

(b)See (a) above.

 

(c)Not applicable.

** **

**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 25, 2020