UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

(Mark One)

| | ☑ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | - | ------------------------------------------------------------------------------------

For the fiscal year ended December 31, 2018
or

| | ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | - | ----------------------------------------------------------------------------------------

For the transition period from _____ to _____
Commission file number of the issuing entity: 333-193376-22

Central Index Key Number of the issuing entity:
0001648195

COMM 2015-CCRE25 Mortgage Trust

(exact name of the issuing entity as specified in
its charter)



Central Index Key Number of the depositor: 0001013454

Deutsche Mortgage & Asset Receiving Corporation

(exact name of the depositor as specified in its
charter)



Central Index Key Number of the sponsor: 0001541294

German American Capital Corporation

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



Central Index Key Number of the sponsor: 0001558761

Cantor Commercial Real Estate Lending, L.P.

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



Central Index Key Number of the sponsor: 0001624053

Argentic Real Estate Finance LLC

(exact name of the sponsor as specified in its charter)
(formerly known as Silverpeak Real Estate Finance LLC)



Central Index Key Number of the sponsor: 0001089877

KeyBank National Association

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



Central Index Key Number of the sponsor: 0001541468

Ladder Capital Finance LLC

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



|New York(State or other jurisdiction ofincorporation or organization of
        the issuing entity) | 47-4777100
        47-4838143
        47-7237141
        (I.R.S. Employer
        Identification Numbers)
|--------------------------------------------------------------------------------------------------- | ---------------------------------------------------------------------------------------------------------

c/o Deutsche Bank Trust Company Americas

as Certificate Administrator

1761 East St. Andrew Place

Santa Ana, CA

(Address of principal executive offices of the issuing
entity)

92705

(Zip Code)

Registrant’s telephone number, including
area code:

(212) 250-2500

Securities registered pursuant to Section 12(b) of the Act: None.

Securities registered pursuant to Section 12(g) of the Act: None.

Indicate by check mark if the registrant is a well-known seasoned
issuer, as defined in Rule 405 of the Securities Act. o Yes  ☑ No

Indicate by check mark if the registrant is not required to file reports
pursuant to Section 13 or Section 15(d) of the Act. o Yes  ☑ No

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such
shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for
the past 90 days.  ☑ Yes  ☐ No

Indicate by check mark whether the registrant has submitted electronically
and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule
405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant
was required to submit and post such files).

Not applicable.

Indicate by check mark if disclosure of delinquent filers pursuant
to Item 405 of Regulation S-K (Section 229.405 of this chapter) is not contained herein, and will not be contained, to the best
of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form
10-K or any amendment to this Form 10-K.

Not applicable.

Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions
of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging
growth company” in Rule 12b-2 of the Exchange Act.



|Large accelerated filer                                                                                                                                                                                                                                    | o                                                | Accelerated filer         | o
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------ | ------------------------- | -
|Non-accelerated filer                                                                                                                                                                                                                                      | ☑  (Do not check if a smaller reporting company) | Smaller reporting company | o
|                                                                                                                                                                                                                                                           |                                                  | Emerging growth company   | o
|                                                                                                                                                                                                                                                           |                                                 
|If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | o                                               

Indicate by check mark whether the registrant is a shell company (as
defined in Rule 12b-2 of the Act). o Yes  ☑ No

State the aggregate market value of the voting and non-voting common
equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and
asked price of such common equity, as of the last business day of the registrant’s most recently completed second fiscal
quarter.

Not applicable.

Indicate by check mark whether the registrant has filed all documents
and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution
of securities under a plan confirmed by a court. o Yes o
No

Not applicable.

DOCUMENTS INCORPORATED BY REFERENCE

List hereunder the following documents if incorporated by reference
and the Part of the 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 information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities
Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders
for fiscal year ended December 24, 1980).

Not applicable.






EXPLANATORY NOTES

The Heartland Industrial Portfolio Mortgage Loan, which constituted
approximately 10.6% of the asset pool of the issuing entity as of its cut-off date, is an asset of the issuing entity and is part
of a loan combination that includes the Heartland Industrial Portfolio Mortgage Loan which is an asset of the issuing entity and
two other pari passu loans, which are not assets of the issuing entity. This loan combination, including the Heartland
Industrial Portfolio Mortgage Loan, is being serviced and administered pursuant to the Pooling and Servicing Agreement, which
is incorporated by reference as Exhibit 4.1 to this Annual Report on Form 10-K. Wells Fargo Bank, National Association is the
master servicer under the Pooling and Servicing Agreement. The responsibilities of Wells Fargo Bank, National Association, as
primary servicer of the loan combination with respect to the issuing entity, are subsumed within its responsibilities as master
servicer under the Pooling and Servicing Agreement. Thus, the servicer compliance statement provided by Wells Fargo Bank, National
Association, as master servicer under the Pooling and Servicing Agreement, encompasses its roles as both master servicer and primary
servicer with respect to the loan combination.

The Exhibit Index describes exhibits provided by certain parties (in
their capacities indicated on the Exhibit Index) with respect to the Pearlridge Center Mortgage Loan and the Scottsdale Quarter
Mortgage Loan, which constituted approximately 4.3% and 2.5%, respectively, of the asset pool of the issuing entity as of its cut-off
date.  The Pearlridge Center Mortgage Loan and the Scottsdale Quarter Mortgage Loan are each an asset of the issuing entity
and are each part of a loan combination that includes the Pearlridge Center Mortgage Loan or the Scottsdale Quarter Mortgage Loan
and two other pari passu loans and two subordinate companion loans, which are not assets of the issuing entity. A pari
passu portion of each loan combination was securitized in the WP Glimcher Mall Trust 2015-WPG transaction (the “JPM
2015-WPG Transaction”). These loan combinations, including the Pearlridge Center Mortgage Loan and the Scottsdale Quarter
Mortgage Loan, are being serviced and administered pursuant to the trust and servicing agreement for the JPM 2015-WPG Transaction,
which is incorporated by reference as Exhibit 4.2 to this Annual Report on Form 10-K. KeyBank National Association is the master
servicer under the pooling and servicing agreement for the JPM 2015-WPG Transaction. The responsibilities of KeyBank National Association,
as primary servicer of these loan combinations with respect to the issuing entity, are subsumed within its responsibilities as
master servicer under the pooling and servicing agreement for the JPM 2015-WPG Transaction. Thus, the servicer compliance statement
provided by KeyBank National Association, as master servicer under such pooling and servicing agreement, encompasses its roles
as both master servicer and primary servicer with respect to these loan combinations.

Wells Fargo Bank, National Association is the master servicer of the
mortgage loans serviced under the Pooling and Servicing Agreement and the certificate administrator of the Pearlridge Center Mortgage
Loan and the Scottsdale Quarter Mortgage Loan. As a result, Wells Fargo Bank, National Association is a “servicer”
as defined in Item 1108(a)(2)(iii) of Regulation AB, in the capacities described above, because it is servicing mortgage loans
that constituted 10% or more of the assets of the issuing entity as of its cut-off date. The assessments of compliance with applicable
servicing criteria, accountants’ attestation reports and servicer compliance statements delivered by Wells Fargo Bank, National
Association in the capacities described above are listed in the Exhibit Index.

Wells Fargo Bank, National Association is the trustee and custodian
of the Pearlridge Center Mortgage Loan and the Scottsdale Quarter Mortgage Loan. As a result, Wells Fargo Bank, National Association
is a servicing function participant in the capacities described above, because it is servicing mortgage loans that constituted
5% or more of the assets of the issuing entity as of its cut-off date. The assessments of compliance with applicable servicing
criteria and accountants’ attestation reports delivered by Wells Fargo Bank, National Association in the capacities described
above are listed in the Exhibit Index.

Wilmington Trust, National Association acts as trustee of the mortgage
loans serviced under the Pooling and Servicing Agreement. Pursuant to the Pooling and Servicing Agreement, the trustee is required
to provide an assessment of compliance with applicable servicing criteria solely with respect to Item 1122(d)(2)(iii) of Regulation
AB (regarding 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). However, during the reporting
period, the trustee did not perform any servicing function with respect to the servicing criteria specified in Item 1122(d)(2)(iii)
of Regulation AB. The master servicer or the special servicer, to the extent required, performed the servicing function identified
with respect to Item 1122(d)(2)(iii) of Regulation AB, and each such party included Item 1122(d)(2)(iii) of Regulation AB in the
assessment of compliance with applicable servicing criteria and accountant’s attestation report for the subject transaction. 
As a result, this Annual Report on Form 10-K does not include an assessment of compliance with applicable servicing criteria of
the trustee. One or more other servicers of the mortgage loans serviced under the Pooling and Servicing Agreement have delivered
one or more assessments of compliance with respect to Item 1122(d)(2)(iii) of Regulation AB.

This Annual Report on Form 10-K includes assessments of compliance
with applicable servicing criteria and accountants’ attestation reports from CoreLogic Commercial Real Estate Services, Inc.
and National Tax Search, LLC.  These entities were engaged by the master servicer under the Pooling and Servicing Agreement
(except with respect to those mortgage loans for which KeyBank National Association is the primary servicer) to remit tax payments
received from the escrow accounts of borrowers to local taxing authorities, to report tax amounts due, to verify tax parcel information,
and to verify non-escrow tax payments. These servicing functions are included within the servicing criteria set forth in Items
1122(d)(4)(xi) and 1122(d)(4)(xii) of Regulation AB.  Therefore, under the principles-based definition of “servicer”
set forth in Item 1101(j) of Regulation AB that looks to the functions that an entity performs, these vendors are “servicers”
for the purposes of Item 1122 of Regulation AB.  See Compliance and Disclosure Interpretations, Section 301.01 (Item
1101(j)).

With respect to the pari passu loan combinations that includes
the Scottsdale Quarter Loan, (i) the report on assessment of compliance with servicing criteria and attestation report on assessment
of compliance with servicing criteria of Pacific Life Insurance Company, as special servicer of the Scottsdale Quarter Mortgage
Loan, listed on the Exhibit Index is omitted from this Annual Report on Form 10-K as it is not required to be included on this
Annual Report on Form 10-K per Instruction 3 to Item 1122 of Regulation AB because it is a party performing activities that address
servicing criteria relating to 5% or less of the assets of the issuing entity; and (ii) the servicer compliance statement of Pacific
Life Insurance Company, as special servicer of the Scottsdale Quarter Mortgage Loan, listed on the Exhibit Index is omitted from
this Annual Report on Form 10-K as it is not required by Item 1123 of Regulation AB to be included on this Annual Report on Form
10-K because it is an unaffiliated party that is not a “servicer” that meets the criteria in Item 1108(a)(2)(i) through
(iii) of Regulation AB.

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.

Not applicable.

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.

ADDITIONAL DISCLOSURE ITEMS FOR REGULATION
AB

Item 1112(b) of Regulation AB, Significant Obligor Financial
Information.

The Heartland Industrial Portfolio Mortgage Loan (Loan Number 1 on
Annex A-1 of the prospectus supplement of the registrant relating to the issuing entity filed on August 25, 2015 pursuant to Rule
424(b)(5)) constitutes a significant obligor within the meaning of Item 1101(k)(2) of Regulation AB as disclosed in the prospectus
supplement. In accordance with Item 1112(b) of Regulation AB, the most recent unaudited net operating income of the significant
obligor was $21,072,679 for the twelve- month period ended December 31, 2018.

Item 1114(b)(2) of Regulation AB, Significant Enhancement Provider
Financial Information.

No entity or group of affiliated
entities provides any external credit enhancement or other support for the certificates within this transaction as described under
Item 1114(a) of Regulation AB.

Item 1115(b) of Regulation AB, Certain Derivatives Instruments
(Financial Information).

No entity or group of affiliated entities provides any derivative
instruments or other support for the certificates within this transaction as described under Item 1115 of Regulation AB.

Item 1117 of Regulation AB, Legal Proceedings.

The registrant knows of no material pending legal proceeding involving
the trust or any party related to the trust, other than routine litigation incidental to the duties of those respective parties,
and the following, with respect to Deutsche Bank Trust Company Americas, as certificate administrator and custodian, and Wells
Fargo Bank, National Association, as trustee, certificate administrator and custodian:

Deutsche Bank Trust Company Americas (“DBTCA”) and Deutsche
Bank National Trust Company (“DBNTC”) have been sued by investors in civil litigation concerning their role as trustees
of certain RMBS trusts.

On June 18, 2014, a group of investors, including funds managed by
Blackrock Advisors, LLC, PIMCO-Advisors, L.P., and others, filed an action against DBNTC and DBTCA in New York State Supreme Court
alleging that DBNTC and DBTCA failed to perform purported duties, as trustees for 544 private-label RMBS trusts, to enforce breaches
of representations and warranties as to mortgage loans held by the trusts and to enforce breaches by servicers of their mortgage
loan servicing obligations for the trusts. During the course of the litigation, plaintiffs dismissed the case from New York State
Supreme Court and refiled two separate cases, one in the U.S. District Court for the Southern District of New York (the “BlackRock
SDNY Case”) and the other in the Superior Court of California, Orange County (the “BlackRock California Case”).
Pursuant to a settlement among the parties, the BlackRock SDNY Case was dismissed on December 6, 2018 and the BlackRock California
Case was dismissed on January 11, 2019.

On September 27, 2017, DBTCA was added as a defendant to a case brought
by certain special purpose entities including Phoenix Light SF Limited in the U.S. District Court for the Southern District of
New York, in which the plaintiffs previously alleged incorrectly that DBNTC served as trustee for all 43 of the trusts at issue.
On September 27, 2017, plaintiffs filed a third amended complaint that names DBTCA as a defendant in addition to DBNTC. DBTCA serves
as trustee for one of the 43 trusts at issue. DBNTC serves as trustee for the other 42 trusts at issue. Plaintiffs’ third
amended complaint brings claims for violation of the U.S. Trust Indenture Act of 1939 (“TIA”); breach of contract;
breach of fiduciary duty; negligence and gross negligence; violation of New York’s Streit Act; and breach of the covenant
of good faith. However, in the third amended complaint, plaintiffs acknowledge that, before DBTCA was added to the case, the court
dismissed plaintiffs’ TIA Act claims, negligence and gross negligence claims, Streit Act claims, claims for breach of the
covenant of good faith, and certain theories of plaintiffs’ breach of contract claims, and plaintiffs only include these
claims to preserve any rights on appeal. Plaintiffs allege damages of “hundreds of millions of dollars.” On November
13, 2017, DBNTC and DBTCA filed an answer to the third amended complaint. On December 7, 2018, DBNTC and DBTCA filed a motion for
summary judgment. Also on December 7, 2018, plaintiffs, jointly with Commerzbank AG (see description of Commerzbank case below),
filed a motion for partial summary judgment.

On November 30, 2017, DBTCA was added as a defendant to a case brought
by Commerzbank AG (“Commerzbank”) in the U.S. District Court for the Southern District of New York, in which Commerzbank
previously alleged incorrectly that DBNTC served as trustee for all 50 of the trusts at issue. On November 30, 2017, Commerzbank
filed a second amended complaint that names DBTCA as a defendant in addition to DBNTC. DBTCA serves as trustee for 1 of the 50
trusts at issue. DBNTC serves as trustee for the other 49 trusts at issue. Commerzbank’s second amended complaint brings
claims for violation of the TIA; breach of contract; breach of fiduciary duty; negligence; violation of the Streit Act; and breach
of the covenant of good faith. However, in the second amended complaint, Commerzbank acknowledges that, before DBTCA was added
to the case, the court dismissed Commerzbank’s TIA claims for the trusts governed by pooling and servicing agreements, as
well as its Streit Act claims and claims for breach of the covenant of good faith, and Commerzbank only includes these claims to
preserve any rights on appeal. The second amended complaint alleges that DBNTC and DBTCA caused Commerzbank to suffer “hundreds
of millions of dollars in losses,” but the complaint does not include a demand for money damages in a sum certain. On January
29, 2018, DBNTC and DBTCA filed an answer to the second amended complaint. On December 7, 2018, DBNTC and DBTCA filed a motion
for summary judgment. Also on December 7, 2018, Commerzbank, jointly with the Phoenix Light plaintiffs, filed a motion for partial
summary judgment.

On December 30, 2015, IKB International, S.A. in Liquidation and IKB
Deutsche Industriebank A.G. (collectively, “IKB”), as an investor in 37 RMBS trusts, filed a summons with notice in
the Supreme Court of the State of New York, New York County, against DBNTC and DBTCA as trustees of the trusts. On May 27, 2016,
IKB served its complaint asserting claims for breach of contract, breach of fiduciary duty, breach of duty to avoid conflicts of
interest, violation of the Streit Act, violation of the TIA, violation of Regulation AB, and violation of Section 9 of the Uniform
Commercial Code. IKB alleges that DBNTC and DBTCA are liable for over U.S. $268 million in damages. On October 5, 2016, DBNTC and
DBTCA, together with several other trustees defending lawsuits by IKB, filed a joint motion to dismiss. On January 6, 2017 and
June 20, 2017, IKB voluntarily dismissed with prejudice all claims as to seven trusts. As of March 1, 2019, DBNTC and DBTCA’s
motion to dismiss has been briefed and is awaiting decision by the court.

It is DBTCA’s belief that it has no pending legal proceedings
(including, based on DBTCA’s present evaluation, the litigation disclosed in the foregoing paragraphs) that would materially
affect its ability to perform its duties under the related servicing agreement for this transaction.

Since June 18, 2014, a group of institutional investors have filed
civil complaints in the 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 residential
mortgage backed securities (“RMBS”) trusts. The complaints against Wells Fargo Bank alleged that the trustee caused
losses to investors and asserted causes of action based upon, among other things, the trustee's alleged failure to: (i) notify
and enforce repurchase obligations of mortgage loan sellers for purported breaches of representations and warranties, (ii) notify
investors of alleged events of default, and (iii) abide by appropriate standards of care following alleged events of default. Relief
sought included money damages in an unspecified amount, reimbursement of expenses, and equitable relief. Wells Fargo Bank has reached
an agreement, in which it denies any wrongdoing, to resolve these claims on a classwide basis for the 271 RMBS trusts currently
at issue. The settlement agreement is subject to court approval. Separate lawsuits against Wells Fargo Bank making similar allegations
filed by certain other institutional investors concerning 57 RMBS trusts in New York federal and state court are not covered by
the agreement. With respect to the foregoing litigations, Wells Fargo Bank believes plaintiffs' claims are without merit and intends
to contest the claims vigorously, but there can be no assurances as to the outcome of the litigations or the possible impact of
the litigations on Wells Fargo Bank or the RMBS trusts.

Item 1119 of Regulation AB, Affiliations and Certain Relationships
and Related Transactions.

The information regarding this Item has been previously provided in
a prospectus supplement of the Registrant relating to the issuing entity filed on August 25, 2015 pursuant to Rule 424(b)(5).

Item 1122 of Regulation AB, Compliance with Applicable Servicing
Criteria.

The reports on assessments of compliance with the servicing criteria
for asset-backed securities and related attestation reports on such assessments of compliance with respect to the mortgage loans
are attached hereto under Item 15 to this Annual Report on Form 10-K. Attached as Schedule II to the Pooling and Servicing Agreement
incorporated by reference as Exhibit 4.1 to this Annual Report on Form 10-K is a chart identifying the entities participating in
a servicing function for the transaction responsible for each applicable servicing criteria set forth in Item 1122(d).

The reports on assessments of compliance with the servicing criteria
for asset-backed securities and related attestation reports on such assessments of compliance with respect to the Pearlridge Center
Mortgage Loan and the Scottsdale Quarter Mortgage Loan, which are being serviced and administered pursuant to the pooling and servicing
agreement for the JPM 2015-WPG Transaction, are attached hereto under Item 15 to this Annual Report on Form 10-K. Attached as Exhibit
M to the pooling and servicing agreement for the JPM 2015-WPG Transaction incorporated by reference as Exhibit 4.2 to this Annual
Report on Form 10-K is a chart identifying the entities participating in a servicing function for the JPM 2015-WPG Transaction
responsible for each applicable servicing criteria set forth in Item 1122(d).

The report on assessment of compliance with applicable servicing criteria
furnished pursuant to Item 1122 of Regulation AB by CWCapital Asset Management LLC (“CWCAM”) discloses that
a material instance of noncompliance occurred, as described below:

Material Instance of Noncompliance:

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: (A) are mathematically accurate; (B) are prepared within 30 calendar days after the bank statement cutoff date,
or such other number of days specified in the transaction agreements; (C) are reviewed and approved by someone other than the person
who prepared the reconciling items; 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.”

The instance of material noncompliance, for the reporting period
included a failure to complete the required bank reconciliations within 30 calendar days after the bank statement cutoff date.
In five of the twelve months related to the reporting period, the required reconciliations were not completed within the 30 calendar
days requirement as follows:

February 2018: bank reconciliations were prepared on June 22,
2018

March 2018: bank reconciliations were prepared on May 1, 2018

September 2018: bank reconciliations were prepared on November
6, 2018

November 2018: bank reconciliations were prepared on February
19, 2019

December 2018: bank reconciliations were prepared on February
6, 2019

The identified instances did involve the servicing of assets
included in this securitization.

Steps Taken to Remedy the Material Instance of Noncompliance

In response to the lack of adherence to company policy and procedures,
CWCAM’s Compliance Committee reviewed the reasons for noncompliance and added two additional procedures to supplement its
existing procedures:

1) the accounting department has added
the completion of bank account reconciliations within 30 calendar days to its monthly closing checklist, which is reviewed and
signed off by a CWCAM officer; and

2) the Chief Financial Officer has set up a monthly electronic
reminder requiring that the completed bank reconciliations be forwarded to the CFO for an additional layer of review.

Item 1123 of Regulation AB, Servicer Compliance Statement.

The servicer compliance statements are attached as Exhibits to this
Annual Report on Form 10-K.

PART IV

Item 15. Exhibits, Financial Statement Schedules

(a) The following is a list of documents filed as part of this Annual
Report on Form 10-K:

(1) Not applicable

(2) Not applicable

(3) See below

| | 4.1 | Pooling and Servicing Agreement, dated as of August 1, 2015, by and among Deutsche Mortgage & Asset Receiving Corporation,
as Depositor, Wells Fargo Bank, National Association, as Master Servicer, CWCapital Asset Management LLC, as a Special Servicer,
LNR Partners, LLC, as a Special Servicer, Wilmington Trust, National Association, as Trustee, Deutsche Bank Trust Company Americas,
as Certificate Administrator, Paying Agent and Custodian, and Pentalpha Surveillance LLC, as Operating Advisor (filed as Exhibit
4 to the registrant’s Current Report on Form 8-K filed on August 25, 2015 under Commission File No. 333-193376-22 and incorporated
by reference herein).
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 4.2 | Pooling and Servicing Agreement, dated as of July 24, 2015, by and among J.P. Morgan Chase Commercial Mortgage Securities Corp.,
as Depositor, KeyBank National Association, as Servicer and Pearlridge Special Servicer, Pacific Life Insurance Company, as Scottsdale
Special Servicer and Wells Fargo Bank, National Association, as Trustee and Certificate Administrator (filed as Exhibit 99.7 to
the registrant’s Current Report on Form 8-K filed on August 25, 2015 under Commission File No. 333-193376-22 and incorporated
by reference herein).
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 4.3 | Co-Lender Agreement, dated as of August 6, 2015, between German American Capital Corporation, as Note A-1 Holder, Note A-2
Holder and Note A-3 Holder (filed as Exhibit 4.1 to the registrant’s Current Report on Form 8-K filed on October 16, 2015
under Commission File No. 333-193376-22 and incorporated by reference herein)
| | --- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 4.4 | Co-Lender Agreement, dated as of July 24, 2015, by and among JPMorgan Chase Bank, National Association, as Initial Note 1 Holder,
and German American Capital Corporation, as Initial Note 2 Holder (filed as Exhibit 4.2 to the registrant’s Current Report
on Form 8-K filed on October 16, 2015 under Commission File No. 333-193376-22 and incorporated by reference herein)
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 4.5 | Co-Lender Agreement, dated as of July 24, 2015, by and among JPMorgan Chase Bank, National Association, as Initial Note 1 Holder,
and German American Capital Corporation, as Initial Note 2 Holder (filed as Exhibit 4.3 to the registrant’s Current Report
on Form 8-K filed on October 16, 2015 under Commission File No. 333-193376-22 and incorporated by reference herein)
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 31 | Rule 13a-14(d)/15d-14(d) Certifications.
| | -- | ----------------------------------------

| | 33 | Reports on assessment of compliance with servicing criteria for asset-backed securities.
| | -- | ----------------------------------------------------------------------------------------

| | 33.1 | Wells Fargo Bank, National Association, as Master Servicer
| | ---- | ----------------------------------------------------------

| | 33.2 | CWCapital Asset Management LLC, as Special Servicer
| | ---- | ---------------------------------------------------

| | 33.3 | Wilmington Trust, National Association, as Trustee (Omitted. See Explanatory Notes.)
| | ---- | ------------------------------------------------------------------------------------

| | 33.4 | Deutsche Bank Trust Company Americas, as Certificate Administrator and Custodian
| | ---- | --------------------------------------------------------------------------------

| | 33.5 | Pentalpha Surveillance LLC, as Operating Advisor
| | ---- | ------------------------------------------------

| | 33.6 | CoreLogic Commercial Real Estate Services, Inc., as Servicing Function Participant
| | ---- | ----------------------------------------------------------------------------------

| | 33.7 | National Tax Search, LLC, as Servicing Function Participant
| | ---- | -----------------------------------------------------------

| | 33.8 | KeyBank National Association, as Primary Servicer
| | ---- | -------------------------------------------------

| | 33.9 | Wells Fargo Bank, National Association, as Primary Servicer of the Heartland Industrial Portfolio Mortgage Loan (see Exhibit
33.1)
| | ---- | ----------------------------------------------------------------------------------------------------------------------------------

| | 33.10 | LNR Partners, LLC, as Special Servicer of the Heartland Industrial Portfolio Mortgage Loan
| | ----- | ------------------------------------------------------------------------------------------

| | 33.11 | Wilmington Trust, National Association, as Trustee of the Heartland Industrial Portfolio Mortgage Loan (Omitted. See Explanatory
Notes.)
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------

| | 33.12 | Deutsche Bank Trust Company Americas, as Certificate Administrator and Custodian of the Heartland Industrial Portfolio Mortgage
Loan (see Exhibit 33.4)
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------

| | 33.13 | Pentalpha Surveillance LLC, as Operating Advisor of the Heartland Industrial Portfolio Mortgage Loan (see Exhibit 33.5)
| | ----- | -----------------------------------------------------------------------------------------------------------------------

| | 33.14 | CoreLogic Commercial Real Estate Services, Inc., as Servicing Function Participant of the Heartland Industrial Portfolio Mortgage
Loan (see Exhibit 33.6)
| | ----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------

| | 33.15 | National Tax Search, LLC, as Servicing Function Participant of the Heartland Industrial Portfolio Mortgage Loan (see Exhibit
33.7)
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------

| | 33.16 | KeyBank National Association, as Primary Servicer of the Pearlridge Center Mortgage Loan (see Exhibit 33.8)
| | ----- | -----------------------------------------------------------------------------------------------------------

| | 33.17 | KeyBank National Association, as Special Servicer of the Pearlridge Center Mortgage Loan (see Exhibit 33.8)
| | ----- | -----------------------------------------------------------------------------------------------------------

| | 33.18 | Wells Fargo Bank, National Association, as Trustee and Certificate Administrator of the Pearlridge Center Mortgage Loan
| | ----- | -----------------------------------------------------------------------------------------------------------------------

| | 33.19 | Wells Fargo Bank, National Association, as Custodian of the Pearlridge Center Mortgage Loan
| | ----- | -------------------------------------------------------------------------------------------

| | 33.20 | KeyBank National Association, as Primary Servicer of the Scottsdale Quarter Mortgage Loan (see Exhibit 33.8)
| | ----- | ------------------------------------------------------------------------------------------------------------

| | 33.21 | Pacific Life Insurance Company, as Special Servicer of the Scottsdale Quarter Mortgage Loan (Omitted. See Explanatory Notes.)
| | ----- | -----------------------------------------------------------------------------------------------------------------------------

| | 33.22 | Wells Fargo Bank, National Association, as Trustee and Certificate Administrator of the Scottsdale Quarter Mortgage Loan (see
Exhibit 33.18)
| | ----- | --------------------------------------------------------------------------------------------------------------------------------------------

| | 33.23 | Wells Fargo Bank, National Association, as Custodian of the Scottsdale Quarter Mortgage Loan (see Exhibit 33.19)
| | ----- | ----------------------------------------------------------------------------------------------------------------

| | 34 | Attestation reports on assessment of compliance with servicing criteria for asset-backed securities.
| | -- | ----------------------------------------------------------------------------------------------------

| | 34.1 | Wells Fargo Bank, National Association, as Master Servicer
| | ---- | ----------------------------------------------------------

| | 34.2 | CWCapital Asset Management LLC, as Special Servicer
| | ---- | ---------------------------------------------------

| | 34.3 | Wilmington Trust, National Association, as Trustee (Omitted. See Explanatory Notes.)
| | ---- | ------------------------------------------------------------------------------------

| | 34.4 | Deutsche Bank Trust Company Americas, as Certificate Administrator and Custodian
| | ---- | --------------------------------------------------------------------------------

| | 34.5 | Pentalpha Surveillance LLC, as Operating Advisor
| | ---- | ------------------------------------------------

| | 34.6 | CoreLogic Commercial Real Estate Services, Inc., as Servicing Function Participant
| | ---- | ----------------------------------------------------------------------------------

| | 34.7 | National Tax Search, LLC, as Servicing Function Participant
| | ---- | -----------------------------------------------------------

| | 34.8 | KeyBank National Association, as Primary Servicer
| | ---- | -------------------------------------------------

| | 34.9 | Wells Fargo Bank, National Association, as Primary Servicer of the Heartland Industrial Portfolio Mortgage Loan (see Exhibit
34.1)
| | ---- | ----------------------------------------------------------------------------------------------------------------------------------

| | 34.10 | LNR Partners, LLC, as Special Servicer of the Heartland Industrial Portfolio Mortgage Loan
| | ----- | ------------------------------------------------------------------------------------------

| | 34.11 | Wilmington Trust, National Association, as Trustee of the Heartland Industrial Portfolio Mortgage Loan (Omitted. See Explanatory
Notes.)
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------

| | 34.12 | Deutsche Bank Trust Company Americas, as Certificate Administrator and Custodian of the Heartland Industrial Portfolio Mortgage
Loan (see Exhibit 34.4)
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------

| | 34.13 | Pentalpha Surveillance LLC, as Operating Advisor of the Heartland Industrial Portfolio Mortgage Loan (see Exhibit 34.5)
| | ----- | -----------------------------------------------------------------------------------------------------------------------

| | 34.14 | CoreLogic Commercial Real Estate Services, Inc., as Servicing Function Participant of the Heartland Industrial Portfolio Mortgage
Loan (see Exhibit 34.6)
| | ----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------

| | 34.15 | National Tax Search, LLC, as Servicing Function Participant of the Heartland Industrial Portfolio Mortgage Loan (see Exhibit
34.7)
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------

| | 34.16 | KeyBank National Association, as Primary Servicer of the Pearlridge Center Mortgage Loan (see Exhibit 34.8)
| | ----- | -----------------------------------------------------------------------------------------------------------

| | 34.17 | KeyBank National Association, as Special Servicer of the Pearlridge Center Mortgage Loan (see Exhibit 34.8)
| | ----- | -----------------------------------------------------------------------------------------------------------

| | 34.18 | Wells Fargo Bank, National Association, as Trustee and Certificate Administrator of the Pearlridge Center Mortgage Loan
| | ----- | -----------------------------------------------------------------------------------------------------------------------

| | 34.19 | Wells Fargo Bank, National Association, as Custodian of the Pearlridge Center Mortgage Loan
| | ----- | -------------------------------------------------------------------------------------------

| | 34.20 | KeyBank National Association, as Primary Servicer of the Scottsdale Quarter Mortgage Loan (see Exhibit 34.8)
| | ----- | ------------------------------------------------------------------------------------------------------------

| | 34.21 | Pacific Life Insurance Company, as Special Servicer of the Scottsdale Quarter Mortgage Loan (Omitted. See Explanatory Notes.)
| | ----- | -----------------------------------------------------------------------------------------------------------------------------

| | 34.22 | Wells Fargo Bank, National Association, as Trustee and Certificate Administrator of the Scottsdale Quarter Mortgage Loan (see
Exhibit 34.18)
| | ----- | --------------------------------------------------------------------------------------------------------------------------------------------

| | 34.23 | Wells Fargo Bank, National Association, as Custodian of the Scottsdale Quarter Mortgage Loan (see Exhibit 34.19)
| | ----- | ----------------------------------------------------------------------------------------------------------------

| | 35 | Servicer compliance statements.
| | -- | -------------------------------

| | 35.1 | Wells Fargo Bank, National Association, as Master Servicer
| | ---- | ----------------------------------------------------------

| | 35.2 | CWCapital Asset Management LLC, as Special Servicer
| | ---- | ---------------------------------------------------

| | 35.3 | Deutsche Bank Trust Company Americas, as Certificate Administrator
| | ---- | ------------------------------------------------------------------

| | 35.4 | KeyBank National Association, as Primary Servicer
| | ---- | -------------------------------------------------

| | 35.5 | Wells Fargo Bank, National Association, as Primary Servicer of the Heartland Industrial Portfolio Mortgage Loan (see Exhibit
35.1)
| | ---- | ----------------------------------------------------------------------------------------------------------------------------------

| | 35.6 | LNR Partners, LLC, as Special Servicer of the Heartland Industrial Portfolio Mortgage Loan
| | ---- | ------------------------------------------------------------------------------------------

| | 35.7 | Deutsche Bank Trust Company Americas, as Certificate Administrator of the Heartland Industrial Portfolio Mortgage Loan (see
Exhibit 35.3)
| | ---- | -----------------------------------------------------------------------------------------------------------------------------------------

| | 35.8 | KeyBank National Association, as Primary Servicer of the Pearlridge Center Mortgage Loan (see Exhibit 35.4)
| | ---- | -----------------------------------------------------------------------------------------------------------

| | 35.9 | KeyBank National Association, as Special Servicer of the Pearlridge Center Mortgage Loan
| | ---- | ----------------------------------------------------------------------------------------

| | 35.10 | Wells Fargo Bank, National Association, as Certificate Administrator of the Pearlridge Center Mortgage Loan
| | ----- | -----------------------------------------------------------------------------------------------------------

| | 35.11 | KeyBank National Association, as Primary Servicer of the Scottsdale Quarter Mortgage Loan (see Exhibit 35.4)
| | ----- | ------------------------------------------------------------------------------------------------------------

| | 35.12 | Pacific Life Insurance Company, as Special Servicer of the Scottsdale Quarter Mortgage Loan (Omitted. See Explanatory Notes.)
| | ----- | -----------------------------------------------------------------------------------------------------------------------------

| | 35.13 | Wells Fargo Bank, National Association, as Certificate Administrator of the Scottsdale Quarter Mortgage Loan (see Exhibit 35.10)
| | ----- | --------------------------------------------------------------------------------------------------------------------------------

| | 99.1 | Mortgage Loan Purchase Agreement, dated as of August 25, 2015, between Deutsche Mortgage & Asset Receiving Corporation
and German American Capital Corporation (filed as Exhibit 99.1 to the registrant’s Current Report on Form 8-K filed on August
25, 2015 under Commission File No. 333-193376-22 and incorporated by reference herein)
| | ---- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 99.2 | Mortgage Loan Purchase Agreement, dated as of August 25, 2015, between Deutsche Mortgage & Asset Receiving Corporation
and Cantor Commercial Real Estate Lending, L.P. (filed as Exhibit 99.2 to the registrant’s Current Report on Form 8-K filed
on August 25, 2015 under Commission File No. 333-193376-22 and incorporated by reference herein)
| | ---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 99.3 | Mortgage Loan Purchase Agreement, dated as of August 25, 2015, between Deutsche Mortgage & Asset Receiving Corporation
and Silverpeak Real Estate Finance LLC (filed as Exhibit 99.3 to the registrant’s Current Report on Form 8-K filed on August
25, 2015 under Commission File No. 333-193376-22 and incorporated by reference herein)
| | ---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 99.4 | Mortgage Loan Purchase Agreement, dated as of August 25, 2015, between Deutsche Mortgage & Asset Receiving Corporation
and KeyBank National Association (filed as Exhibit 99.4 to the registrant’s Current Report on Form 8-K filed on August 25,
2015 under Commission File No. 333-193376-22 and incorporated by reference herein)
| | ---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 99.5 | Mortgage Loan Purchase Agreement, dated as of August 25, 2015, among Deutsche Mortgage & Asset Receiving Corporation, Ladder
Capital Finance LLC, Ladder Capital Finance Holdings LLLP, Series TRS of Ladder Capital Finance Holdings LLLP and Series REIT of
Ladder Capital Finance Holdings LLLP (filed as Exhibit 99.5 to the registrant’s Current Report on Form 8-K filed on August
25, 2015 under Commission File No. 333-193376-22 and incorporated by reference herein)
| | ---- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | 99.6 | Primary Servicing Agreement, dated as of August 1, 2015, between Wells Fargo Bank, National Association and KeyBank National
Association (filed as Exhibit 99.6 to the registrant’s Current Report on Form 8-K filed on August 25, 2015 under Commission
File No. 333-193376-22 and incorporated by reference herein)
| | ---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(b)       The exhibits required
to be filed by the Registrant pursuant to Item 601 of Regulation S-K are listed above and in the Exhibit Index that immediately
follows the signature page hereof.

(c)       Not Applicable.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.

Deutsche Mortgage & Asset Receiving Corporation
(Depositor)

/s/ Helaine M. Kaplan

Helaine M. Kaplan, President

(senior officer in charge of securitization of the depositor)

Date: March 21, 2019

/s/ Matt Smith

Matt Smith, Director

Date: March 21, 2019