**UNITED STATESSECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-K**

(Mark One)

**x****  ANNUAL REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

**For the fiscal year ended December 31, 2017or**

**o**** ****TRANSITIONREPORT 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: 333-206677-13**

**Central Index Key Number of the issuing entity:0001695924**

**Wells Fargo Commercial MortgageTrust 2017-RC1**

**(exact name of the issuing entity as specified in itscharter)**

** **

**Central Index Key Number of the depositor: 0000850779**

**Wells Fargo Commercial MortgageSecurities, Inc.**

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

** **

**Central Index Key Number of the sponsor: 0001592182**

**Rialto Mortgage Finance, LLC**

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

** **

**Central Index Key Number of the sponsor: 0000740906**

**Wells Fargo Bank, NationalAssociation**

**(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)**

** **

**Central Index Key Number of the sponsor: 0001577313**

**National Cooperative Bank, N.A.**

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

** **

**Central Index Key Number of the sponsor: 0001541214**

**C-III Commercial Mortgage LLC**

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

** **

| **New York****(State or other jurisdiction of  incorporation or organization of**

**the issuing entity)** | **38-4021852**

**38-4021853**

**(I.R.S. Employer**

**Identification Numbers)** |
|------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------|

**c/o Wells Fargo Bank, National Association**

**as Certificate Administrator**

**9062 Old Annapolis Road**

**Columbia, MD**

**(Address of principalexecutive offices of the issuing entity)**

**21045**

**(Zip Code)**

**Registrant’s telephone number,including area code:**

**(704) 374-6161**

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

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

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

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

Indicate by check mark whether the registrant (1) has filedall reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter periodthat the registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days.  ⌧ Yes oNo

Indicate by check mark whether the registrant has submittedelectronically and posted on its corporate Web site, if any, every InteractiveData File required to be submitted and posted pursuant to Rule 405 ofRegulation 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 postsuch files).

Not applicable.

Indicate by check mark if disclosure of delinquent filerspursuant to Item 405 of Regulation S-K (Section 229.405 of this chapter) is notcontained herein, and will not be contained, to the best of registrant’sknowledge, in definitive proxy or information statements incorporated byreference in Part III of this Form 10-K or any amendment to this Form10-K.   

Not applicable.

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

Large acceleratedfiler        o                                                                                                       Acceleratedfiler                                     o

Non-acceleratedfiler          ⌧  (Do not check ifa smaller reporting company)                          Smaller reportingcompany                    o

                                                                                                                                                       Emerging growthcompany                    o

If an emerging growth company, indicate by check mark if theregistrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant toSection 13(a) of the ExchangeAct.                                            o

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

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

Not applicable.

Indicate by check mark whether the registrant has filed alldocuments and reports required to be filed by Section 12, 13 or 15(d) of theSecurities Exchange Act of 1934 subsequent to the distribution of securitiesunder a plan confirmed by a court.  oYes oNo

Not applicable.

Indicate the number of shares outstanding of each of theregistrant’s classes of common stock, as of the latest practicable date.

Not applicable.

**DOCUMENTS INCORPORATED BY REFERENCE**

** **

List hereunder the following documents if incorporated by referenceand the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which thedocument is incorporated: (1) Any annual report to security holders; (2) Anyproxy or information statement; and (3) Any prospectus filed pursuant to Rule424(b) or (c) under the Securities Act of 1933. The listed documents should beclearly described for identification purposes (e.g., annual report to securityholders for fiscal year ended December 24, 1980).

Not applicable.

 

 

The Exhibit Index describesexhibits provided by certain parties (in their capacities indicated on theExhibit Index) with respect to the Peachtree Mall Mortgage Loan, whichconstituted approximately 1.8% of the asset pool of the issuing entity as ofits cut-off date.  The Peachtree Mall Mortgage Loan is an asset of theissuing entity and is part of a loan combination that includes the PeachtreeMall Mortgage Loan and three other *pari passu* loans, which are notassets of the issuing entity. A *pari passu* portion of this loancombination was securitized in the CSAIL 2016-C7 Commercial Mortgage Trusttransaction, Commission File Number 333-207361-03 (the “CSAIL 2016-C7Transaction”). This loan combination, including the Peachtree Mall MortgageLoan, is being serviced and administered pursuant to the pooling and servicingagreement for the CSAIL 2016-C7 Transaction, which is incorporated by referenceas Exhibit 4.2 to this Annual Report on Form 10-K.  Wells Fargo Bank,National Association is the master servicer under the pooling and servicingagreement for the CSAIL 2016-C7 Transaction.  The responsibilities ofWells Fargo Bank, National Association, as primary servicer of this loancombination with respect to the issuing entity, are subsumed within its responsibilitiesas master servicer under the pooling and servicing agreement for the CSAIL2016-C7 Transaction.  Thus, the servicer compliance statement provided byWells Fargo Bank, National Association, as master servicer under such poolingand servicing agreement, encompasses its roles as both master servicer andprimary servicer with respect to this loan combination.

The Exhibit Index describesexhibits provided by certain parties (in their capacities indicated on theExhibit Index) with respect to the DoubleTree by Hilton Tempe Mortgage Loan,which constituted approximately 1.5% of the asset pool of the issuing entity asof its cut-off date.  The DoubleTree by Hilton Tempe Mortgage Loan is anasset of the issuing entity and is part of a loan combination that includes theDoubleTree by Hilton Tempe Mortgage Loan and one other *pari passu* loan,which is not an asset of the issuing entity. The other *pari passu*portion of this loan combination was securitized in the Wells Fargo CommercialMortgage Trust 2016-C37 transaction, Commission File Number 333-206677-12 (the“WFCM 2016-C37 Transaction”). This loan combination, including theDoubleTree by Hilton Tempe Mortgage Loan, is being serviced and administeredpursuant to the pooling and servicing agreement for the WFCM 2016-C37Transaction, which is incorporated by reference as Exhibit 4.3 to this AnnualReport on Form 10-K.  Wells Fargo Bank, National Association is the masterservicer under the pooling and servicing agreement for the WFCM 2016-C37Transaction.  The responsibilities of Wells Fargo Bank, NationalAssociation, as primary servicer of this loan combination with respect to theissuing entity, are subsumed within its responsibilities as master servicerunder the pooling and servicing agreement for the WFCM 2016-C37Transaction.  Thus, the servicer compliance statement provided by WellsFargo Bank, National Association, as master servicer under such pooling andservicing agreement, encompasses its roles as both master servicer and primaryservicer with respect to this loan combination.

Wells Fargo Bank, NationalAssociation is the master servicer and certificate administrator of themortgage loans serviced under the Pooling and Servicing Agreement and theprimary servicer and certificate administrator of the Peachtree Mall MortgageLoan and the DoubleTree by Hilton Tempe Mortgage Loan. As a result, Wells FargoBank, 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 mortgageloans that constituted 10% or more of the assets of the issuing entity as ofits cut-off date. The assessments of compliance with applicable servicingcriteria, accountants’ attestation reports and servicer compliance statementsdelivered by Wells Fargo Bank, National Association in the capacities describedabove are listed in the Exhibit Index.

Wells Fargo Bank, National Association is the custodian ofthe mortgage loans serviced under the Pooling and Servicing Agreement, thePeachtree Mall Mortgage Loan and the DoubleTree by Hilton Tempe MortgageLoan.  As a result, Wells Fargo Bank, National Association is a servicingfunction participant in the capacities described above, because it is servicingmortgage loans that constituted 5% or more of the assets of the issuing entityas of its cut-off date. The assessments of compliance with applicable servicingcriteria and accountants’ attestation reports delivered by Wells Fargo Bank,National Association in the capacities described above are listed in theExhibit Index.

LNR Partners, LLC is the specialservicer of the mortgage loans serviced under the Pooling and ServicingAgreement and the DoubleTree by Hilton Tempe Mortgage Loan. As a result, LNRPartners, LLC is a “servicer” as defined in Item 1108(a)(2)(iii) of RegulationAB, in the capacities described above, because it is servicing mortgage loansthat constituted 10% or more of the assets of the issuing entity as of itscut-off date. The assessments of compliance with applicable servicing criteria,accountants’ attestation reports and servicer compliance statements deliveredby LNR Partners, LLC in the capacities described above are listed in theExhibit Index.

Rialto Capital Advisors, LLC is anaffiliate of Rialto Mortgage Finance, LLC, one of the sponsors. Therefore, theDepositor included in this Annual Report on Form 10-K a servicer compliancestatement for Rialto Capital Advisors, LLC pursuant to Item 1123.  BecauseRialto Capital Advisors, LLC is servicing less than 5% of the pool assets, anassessment of compliance with applicable servicing criteria and an accountants’attestation report pursuant to Item 1122 of Regulation AB are not required byRegulation AB. As the attestation made in the servicer compliance statementrequired by Item 1123 relates to a review of the servicing activities of RialtoCapital Advisors, LLC under the applicable servicing agreement, and that reviewwas conducted in conjunction with the servicer’s preparation of its assessmentof compliance with applicable servicing criteria, that assessment of compliancewith applicable servicing criteria and the accompanying accountants’attestation report are included in this Annual Report on Form 10-K for the sakeof completeness.

Wilmington Trust, NationalAssociation acts as trustee of the mortgage loans serviced under the Poolingand Servicing Agreement, the Peachtree Mall Mortgage Loan and the DoubleTree byHilton Tempe Mortgage Loan.  Pursuant to the Pooling and ServicingAgreement, the pooling and servicing agreement for the CSAIL 2016-C7Transaction and the pooling and servicing agreement for the WFCM 2016-C37Transaction, the trustee is required to provide an assessment of compliancewith applicable servicing criteria solely with respect to Item 1122(d)(2)(iii)of Regulation AB (regarding advances of funds or guarantees regardingcollections, cash flows or distributions, and any interest or other feescharged for such advances, are made, reviewed and approved as specified in thetransaction agreements). However, during the reporting period, the trustee didnot perform any servicing function with respect to the servicing criteriaspecified in Item 1122(d)(2)(iii) of Regulation AB.  The master serviceror the special servicer, to the extent required, performed the servicing functionidentified with respect to Item 1122(d)(2)(iii) of Regulation AB, and each suchparty included Item 1122(d)(2)(iii) of Regulation AB in the assessment ofcompliance with applicable servicing criteria and accountant’s attestationreport for the subject transaction.  As a result, this Annual Report onForm 10-K does not include an assessment of compliance with applicableservicing criteria of the trustee. One or more other servicers of the mortgageloans serviced under the Pooling and Servicing Agreement, the Peachtree MallMortgage Loan and the DoubleTree by Hilton Tempe Mortgage Loan have deliveredone or more assessments of compliance with respect to Item 1122(d)(2)(iii) ofRegulation AB.

This Annual Report on Form 10-Kincludes assessments of compliance with applicable servicing criteria andaccountants’ attestation reports from CoreLogic Commercial Real EstateServices, Inc. and National Tax Search, LLC.  These entities were engagedby the master servicer under the Pooling and Servicing Agreement (except withrespect to those mortgage loans for which National Cooperative Bank, N.A. isthe master servicer) and the primary servicer of the Peachtree Mall MortgageLoan and the DoubleTree by Hilton Tempe Mortgage Loan to remit tax paymentsreceived from the escrow accounts of borrowers to local taxing authorities, toreport tax amounts due, to verify tax parcel information, and to verifynon-escrow tax payments. These servicing functions are included within theservicing criteria set forth in Items 1122(d)(4)(xi) and 1122(d)(4)(xii) ofRegulation AB.  Therefore, under the principles-based definition of“servicer” set forth in Item 1101(j) of Regulation AB that looks to thefunctions that an entity performs, these vendors are “servicers” for thepurposes of Item 1122 of Regulation AB.  *See* Compliance andDisclosure Interpretations, Section 301.01 (Item 1101(j)).

With respect to the *pari passu*loan combinations that includes the DoubleTree by Hilton Tempe Mortgage Loanand the Peachtree Mall Mortgage Loan, the reports on assessment of compliancewith servicing criteria and attestation reports on assessment of compliancewith servicing criteria of Trimont Real Estate Advisors, LLC as operatingadvisor of the DoubleTree by Hilton Tempe Mortgage Loan and Park Bridge LenderServices LLC as operating advisor of the Peachtree Mall Mortgage Loan, listedon the Exhibit Index are omitted from this Annual Report on Form 10-K as theyare not required to be included on this Annual Report on Form 10-K perInstruction 3 to Item 1122 of Regulation AB because they are parties performingactivities that address servicing criteria relating to 5% or less of the assetsof the issuing entity. 

**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 ofFinancial Condition and Results of Operations.**

Omitted.

**Item 7A.  Quantitative and Qualitative DisclosuresAbout Market Risk.**

Omitted.

**Item 8.  Financial Statements and Supplementary Data.**

Omitted.

**Item 9.  Changes in and Disagreements WithAccountants 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 CorporateGovernance.**

Omitted.

**Item 11.  Executive Compensation.**

Omitted.

**Item 12.  Security Ownership of Certain BeneficialOwners and Management and Related Stockholder Matters.**

Omitted.

**Item 13.  Certain Relationships and RelatedTransactions, 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 ObligorFinancial Information.**

No single obligor represents 10% or more of the pool assetsheld by the issuing entity.

**Item 1114(b)(2) of Regulation AB, Significant EnhancementProvider Financial Information.**

No entity or group of affiliated entities provides any externalcredit enhancementor other support for the certificates within this transaction as describedunder Item 1114(a) of Regulation AB.

**Item 1115(b) of Regulation AB, Certain DerivativesInstruments (Financial Information).**

No entity or group of affiliated entities provides anyderivative instruments or other support for the certificates within thistransaction as described under Item 1115 of Regulation AB.

**Item 1117 of Regulation AB, Legal Proceedings.**

The registrant knows of no material pending legal proceedinginvolving the trust or any party related to the trust, other than routinelitigation incidental to the duties of those respective parties, and thefollowing, with respect to Wells Fargo Bank, National Association, ascertificate administrator and as custodian:

On June 18, 2014, a group of institutional investors filed acivil complaint in the Supreme Court of the State of New York, New York County,against Wells Fargo Bank, N.A. (“Wells Fargo Bank”) in its capacity as trusteeunder 276 residential mortgage backed securities (“RMBS”) trusts, which waslater amended on July 18, 2014, to increase the number of trusts to 284 RMBStrusts. On November 24, 2014, the plaintiffs filed a motion to voluntarilydismiss the state court action without prejudice. That same day, a group ofinstitutional investors filed a putative class action complaint in the UnitedStates District Court for the Southern District of New York (the “DistrictCourt”) against Wells Fargo Bank, alleging claims against the bank in itscapacity as trustee for 274 RMBS trusts (the “Federal Court Complaint”). InDecember 2014, the plaintiffs’ motion to voluntarily dismiss their originalstate court action was granted. As with the prior state court action, theFederal Court Complaint is one of six similar complaints filedcontemporaneously against RMBS trustees (Deutsche Bank, Citibank, HSBC, Bank ofNew York Mellon and US Bank) by a group of institutional investor plaintiffs.The Federal Court Complaint against Wells Fargo Bank alleges that the trusteecaused losses to investors and asserts causes of action based upon, among otherthings, the trustee's alleged failure to: (i) notify and enforce repurchaseobligations of mortgage loan sellers for purported breaches of representationsand warranties, (ii) notify investors of alleged events of default, and (iii)abide by appropriate standards of care following alleged events of default.Relief sought includes money damages in an unspecified amount, reimbursement ofexpenses, and equitable relief. Other cases alleging similar causes of actionhave been filed against Wells Fargo Bank and other trustees in the DistrictCourt by RMBS investors in these and other transactions, and these casesagainst Wells Fargo Bank are proceeding before the same District Court judge. Asimilar complaint was also filed May 27, 2016 in New York state court by adifferent plaintiff investor. On January 19, 2016, an order was entered inconnection with the Federal Court Complaint in which the District Courtdeclined to exercise jurisdiction over 261 trusts at issue in the Federal CourtComplaint; the District Court also allowed plaintiffs to file amendedcomplaints as to the remaining, non-dismissed trusts, if they so chose, andthree amended complaints have been filed. On December 17, 2016, the investorplaintiffs in the 261 trusts dismissed from the Federal Court Complaint filed anew complaint in New York state court (the “State Court Complaint”). InSeptember 2017, Royal Park Investments SA/NV (“Royal Park”), one of theplaintiffs in the District Court cases against Wells Fargo Bank, filed aputative class action complaint relating to two trusts seeking declaratory andinjunctive relief and money damages based on Wells Fargo Bank’s indemnificationfrom trust funds for legal fees and expenses Wells Fargo Bank incurs or hasincurred in defending the District Court case filed by Royal Park. With respectto the foregoing litigations, Wells Fargo Bank believes plaintiffs' claims arewithout merit and intends to contest the claims vigorously, but there can be noassurances as to the outcome of the litigations or the possible impact of thelitigations on Wells Fargo Bank or the RMBS trusts.

**Item 1119 of Regulation AB, Affiliations and CertainRelationships and Related Transactions.**

The information regarding this Item has been previouslyprovided in the prospectus of the Registrant relating to the issuing entityfiled on March 14, 2017 pursuant to Rule 424(b)(2).

**Item 1122 of Regulation AB, Compliance with ApplicableServicing Criteria.**

The reports on assessments of compliance with the servicingcriteria for asset-backed securities and related attestation reports on suchassessments of compliance with respect to the mortgage loans are attachedhereto under Item 15 to this Annual Report on Form 10-K. Attached as Exhibit AAto the Pooling and Servicing Agreement incorporated by reference as Exhibit 4.1to this Annual Report on Form 10-K is a chart identifying the entitiesparticipating in a servicing function for the transaction responsible for eachapplicable servicing criteria set forth in Item 1122(d).

The reports on assessments of compliance with the servicingcriteria for asset-backed securities and related attestation reports on suchassessments of compliance with respect to the Peachtree Mall Mortgage Loan,which is being serviced and administered pursuant to the pooling and servicingagreement for the CSAIL 2016-C7 Transaction, are attached hereto under Item 15to this Annual Report on Form 10-K. Attached as Exhibit AA to the pooling andservicing agreement for the CSAIL 2016-C7 Transaction incorporated by referenceas Exhibit 4.2 to this Annual Report on Form 10-K is a chart identifying theentities participating in a servicing function for the CSAIL 2016-C7Transaction responsible for each applicable servicing criteria set forth inItem 1122(d).

The reports on assessments of compliance with the servicingcriteria for asset-backed securities and related attestation reports on suchassessments of compliance with respect to the DoubleTree by Hilton TempeMortgage Loan, which is being serviced and administered pursuant to the poolingand servicing agreement for the WFCM 2016-C37 Transaction, are attached heretounder Item 15 to this Annual Report on Form 10-K. Attached as Exhibit AA to thepooling and servicing agreement for the WFCM 2016-C37 Transaction incorporatedby reference as Exhibit 4.3 to this Annual Report on Form 10-K is a chartidentifying the entities participating in a servicing function for the WFCM2016-C37 Transaction responsible for each applicable servicing criteria setforth in Item 1122(d).

**Item 1123 of Regulation AB, Servicer Compliance Statement.**

The servicer compliance statements are attached as Exhibitsto 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 ofthis Annual Report on Form 10-K:

(1) Not applicable

(2) Not applicable

(3) See below

 

4.1          Pooling and Servicing Agreement, dated as of March 1, 2017, by and among Wells FargoCommercial Mortgage Securities, Inc., as Depositor, Wells Fargo Bank, NationalAssociation, as General Master Servicer, LNR Partners, LLC, as General SpecialServicer, National Cooperative Bank, N.A., as NCB Master Servicer and as NCBSpecial Servicer, Wells Fargo Bank, National Association, as CertificateAdministrator, Wilmington Trust, National Association, as Trustee, andPentalpha Surveillance LLC, as Operating Advisor and as Asset RepresentationsReviewer (filed as Exhibit 4.1 to the registrant’s Current Report on Form 8-K/Afiled on September 22, 2017, 2018 under Commission File No. 333-206677-13 andincorporated by reference herein).

4.2          Pooling and Servicing Agreement, dated as of November 1, 2016, by and amongCredit Suisse Commercial Mortgage Securities Corp., as Depositor, Wells FargoBank, National Association, as Master Servicer, Rialto Capital Advisors, LLC,as Special Servicer, Wells Fargo Bank, National Association, as CertificateAdministrator and Custodian, Wilmington Trust, National Association, asTrustee, and Park Bridge Lender Services LLC, as Operating Advisor and as AssetRepresentations Reviewer (filed as Exhibit 99.6 to the registrant’s CurrentReport on Form 8-K filed on March 14, 2017 under Commission File No. 333-206677-13and incorporated by reference herein).

4.3          Pooling and Servicing Agreement, dated as of December 1, 2016, by and amongWells Fargo Commercial Mortgage Securities, Inc., as Depositor, Wells FargoBank, National Association, as Master Servicer, LNR Partners, LLC, as SpecialServicer, Wells Fargo Bank, National Association, as Certificate Administratorand Custodian, Wilmington Trust, National Association, as Trustee, and TrimontReal Estate Advisors, LLC, as Operating Advisor and as Asset RepresentationsReviewer (filed as Exhibit 99.7 to the registrant’s Current Report on Form 8-Kfiled on March 14, 2017 under Commission File No. 333-206677-13 andincorporated by reference herein).

4.4          Amended and Restated Agreement Between Note Holders, dated as of September 15,2016, by and between Wilmington Trust, National Association, as trustee, forthe benefit of the registered holders of the SG Commercial Mortgage SecuritiesTrust 2016-C5, Commercial Mortgage Pass-Through Certificates, Series 2016-C5,as Note A-1 Holder, SPREF WH III LLC, as Initial Note A-2 Holder, SPREF WH IIILLC, as Initial Note A-3 Holder, and SPREF WH III LLC, as Initial Note A-4Holder, relating to the Peachtree Mall Whole Loan (filed as Exhibit 99.8 to theregistrant’s Current Report on Form 8-K filed on March 14, 2017 underCommission File No. 333-206677-13 and incorporated by reference herein).

4.5          Agreement Between Note Holders, dated as of December 9, 2016, by and betweenSilverpeak Real Estate Finance LLC, as Initial Note A-1 Holder, and SilverpeakReal Estate Finance LLC, as Initial Note A-2 Holder, relating to the DoubleTreeby Hilton Tempe Whole Loan (filed as Exhibit 99.9 to the registrant’s CurrentReport on Form 8-K filed on March 14, 2017 under Commission File No.333-206677-13 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-backedsecurities.

33.1        Wells Fargo Bank, National Association, as Master Servicer

33.2        National Cooperative Bank, N.A., as NCB Master Servicer

33.3        LNR Partners, LLC, as Special Servicer

33.4        National Cooperative Bank, N.A., as NCB Special Servicer (see Exhibit 33.2)

33.5        Wilmington Trust, National Association, as Trustee (Omitted. See ExplanatoryNotes.)

33.6        Wells Fargo Bank, National Association, as Certificate Administrator

33.7        Wells Fargo Bank, National Association, as Custodian

33.8        Pentalpha Surveillance LLC, as Operating Advisor

33.9        CoreLogic Commercial Real Estate Services, Inc., as Servicing FunctionParticipant

33.10      National Tax Search, LLC, as Servicing Function Participant

33.11      Wells Fargo Bank, National Association, as Primary Servicer of the PeachtreeMall Mortgage Loan (see Exhibit 33.1)

33.12      Rialto Capital Advisors, LLC, as Special Servicer of the Peachtree MallMortgage Loan 

33.13      Wilmington Trust, National Association, as Trustee of the Peachtree MallMortgage Loan (Omitted. See Explanatory Notes.)

33.14      Wells Fargo Bank, National Association, as Certificate Administrator of thePeachtree Mall Mortgage Loan (see Exhibit 33.6)

33.15      Wells Fargo Bank, National Association, as Custodian of the Peachtree MallMortgage Loan (see Exhibit 33.7)

33.16      Park Bridge Lender Services LLC, as Operating Advisor of the Peachtree MallMortgage Loan (Omitted. See Explanatory Notes.)

33.17      CoreLogic Commercial Real Estate Services, Inc., as Servicing FunctionParticipant of the Peachtree Mall Mortgage Loan (see Exhibit 33.9)

33.18      National Tax Search, LLC, as Servicing Function Participant of the PeachtreeMall Mortgage Loan (see Exhibit 33.10)

33.19      Wells Fargo Bank, National Association, as Primary Servicer of the DoubleTreeby Hilton Tempe Mortgage Loan (see Exhibit 33.1)

33.20      LNR Partners, LLC, as Special Servicer of the DoubleTree by Hilton TempeMortgage Loan (see Exhibit 33.3)

33.21      Wilmington Trust, National Association, as Trustee of the DoubleTree by HiltonTempe Mortgage Loan (Omitted. See Explanatory Notes.)

33.22      Wells Fargo Bank, National Association, as Certificate Administrator of theDoubleTree by Hilton Tempe Mortgage Loan (see Exhibit 33.6)

33.23      Wells Fargo Bank, National Association, as Custodian of the DoubleTree byHilton Tempe Mortgage Loan (see Exhibit 33.7)

33.24      Trimont Real Estate Advisors, LLC, as Operating Advisor of the DoubleTree byHilton Tempe Mortgage Loan (Omitted. See Explanatory Notes.)

33.25      CoreLogic Commercial Real Estate Services, Inc., as Servicing FunctionParticipant of the DoubleTree by Hilton Tempe Mortgage Loan (see Exhibit 33.9)

33.26      National Tax Search, LLC, as Servicing Function Participant of the DoubleTreeby Hilton Tempe Mortgage Loan (see Exhibit 33.10)

34           Attestationreports on assessment of compliance with servicing criteria for asset-backedsecurities.

34.1        Wells Fargo Bank, National Association, as Master Servicer

34.2        National Cooperative Bank, N.A., as NCB Master Servicer

34.3        LNR Partners, LLC, as Special Servicer

34.4        National Cooperative Bank, N.A., as NCB Special Servicer (see Exhibit 34.2)

34.5        Wilmington Trust, National Association, as Trustee (Omitted. See ExplanatoryNotes.)

34.6        Wells Fargo Bank, National Association, as Certificate Administrator

34.7        Wells Fargo Bank, National Association, as Custodian

34.8        Pentalpha Surveillance LLC, as Operating Advisor

34.9        CoreLogic Commercial Real Estate Services, Inc., as Servicing FunctionParticipant

34.10      National Tax Search, LLC, as Servicing Function Participant

34.11      Wells Fargo Bank, National Association, as Primary Servicer of the PeachtreeMall Mortgage Loan (see Exhibit 34.1)

34.12      Rialto Capital Advisors, LLC, as Special Servicer of the Peachtree MallMortgage Loan 

34.13      Wilmington Trust, National Association, as Trustee of the Peachtree MallMortgage Loan (Omitted. See Explanatory Notes.)

34.14      Wells Fargo Bank, National Association, as Certificate Administrator of thePeachtree Mall Mortgage Loan (see Exhibit 34.6)

34.15      Wells Fargo Bank, National Association, as Custodian of the Peachtree MallMortgage Loan (see Exhibit 34.7)

34.16      Park Bridge Lender Services LLC, as Operating Advisor of the Peachtree MallMortgage Loan (Omitted. See Explanatory Notes.)

34.17      CoreLogic Commercial Real Estate Services, Inc., as Servicing FunctionParticipant of the Peachtree Mall Mortgage Loan (see Exhibit 34.9)

34.18      National Tax Search, LLC, as Servicing Function Participant of the PeachtreeMall Mortgage Loan (see Exhibit 34.10)

34.19      Wells Fargo Bank, National Association, as Primary Servicer of the DoubleTreeby Hilton Tempe Mortgage Loan (see Exhibit 34.1)

34.20      LNR Partners, LLC, as Special Servicer of the DoubleTree by Hilton TempeMortgage Loan (see Exhibit 34.3)

34.21      Wilmington Trust, National Association, as Trustee of the DoubleTree by HiltonTempe Mortgage Loan (Omitted. See Explanatory Notes.)

34.22      Wells Fargo Bank, National Association, as Certificate Administrator of theDoubleTree by Hilton Tempe Mortgage Loan (see Exhibit 34.6)

34.23      Wells Fargo Bank, National Association, as Custodian of the DoubleTree byHilton Tempe Mortgage Loan (see Exhibit 34.7)

34.24      Trimont Real Estate Advisors, LLC, as Operating Advisor of the DoubleTree byHilton Tempe Mortgage Loan (Omitted. See Explanatory Notes.)

34.25      CoreLogic Commercial Real Estate Services, Inc., as Servicing FunctionParticipant of the DoubleTree by Hilton Tempe Mortgage Loan (see Exhibit 34.9)

34.26      National Tax Search, LLC, as Servicing Function Participant of the DoubleTreeby Hilton Tempe Mortgage Loan (see Exhibit 34.10)

35           Servicer compliance statements.

35.1        Wells Fargo Bank, National Association, as Master Servicer

35.2        National Cooperative Bank, N.A., as NCB Master Servicer

35.3        LNR Partners, LLC, as Special Servicer

35.4        National Cooperative Bank, N.A., as NCB Special Servicer

35.5        Wells Fargo Bank, National Association, as Certificate Administrator

35.6        Wells Fargo Bank, National Association, as Primary Servicer of the PeachtreeMall Mortgage Loan

35.7        Rialto Capital Advisors, LLC, as Special Servicer of the Peachtree MallMortgage Loan 

35.8        Wells Fargo Bank, National Association, as Certificate Administrator of thePeachtree Mall Mortgage Loan (see Exhibit 35.5)

35.9        Wells Fargo Bank, National Association, as Primary Servicer of the DoubleTreeby Hilton Tempe Mortgage Loan

35.10      LNR Partners, LLC, as Special Servicer of the DoubleTree by Hilton TempeMortgage Loan (see Exhibit 35.3)

35.11      Wells Fargo Bank, National Association, as Certificate Administrator of theDoubleTree by Hilton Tempe Mortgage Loan (see Exhibit 35.5)

99.1        Mortgage Loan Purchase Agreement, dated as of February 28, 2017, between WellsFargo Commercial Mortgage Securities, Inc. and Rialto Mortgage Finance, LLC(filed as Exhibit 99.1 to the registrant’s Current Report on Form 8-K/A filedon September 22, 2017 under Commission File No. 333-206677-13 and incorporatedby reference herein).

99.2        Mortgage Loan Purchase Agreement, dated as of February 28, 2017, between WellsFargo Bank, National Association, as seller, and Wells Fargo CommercialMortgage Securities, Inc., as purchaser (filed as Exhibit 99.2 to theregistrant’s Current Report on 8-K/A filed on September 22, 2017 underCommission File No. 333-206677-13 and incorporated by reference herein).

99.3        Mortgage Loan Purchase Agreement, dated as of February 28, 2017, betweenArgentic Real Estate Finance LLC, as seller, and Wells Fargo CommercialMortgage Securities, Inc., as purchaser (filed as Exhibit 99.3 to theregistrant’s Current Report on 8-K/A filed on September 22, 2017 underCommission File No. 333-206677-13 and incorporated by reference herein).

99.4        Mortgage Loan Purchase Agreement, dated as of February 28, 2017, betweenNational Cooperative Bank, N.A, as seller, and Wells Fargo Commercial MortgageSecurities, Inc., as purchaser (filed as Exhibit 99.4 to the registrant’sCurrent Report on 8-K/A filed on September 22, 2017 under Commission File No.333-206677-13 and incorporated by reference herein).

99.5        Mortgage Loan Purchase Agreement, dated as of February 28, 2017, between C-IIICommercial Mortgage LLC, as seller, and Wells Fargo Commercial MortgageSecurities, Inc., as purchaser (filed as Exhibit 99.5 to the registrant’sCurrent Report on 8-K/A filed on September 22, 2017 under Commission File No.333-206677-13 and incorporated by reference herein).

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

(c)    Not Applicable.

 

**SIGNATURES**

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

Wells Fargo Commercial MortgageSecurities, Inc.(Depositor)

/s/ AnthonySfarra

AnthonySfarra, President

(senior officer in charge ofsecuritization of the depositor)

Date: March 22, 2018

Exhibit Index

Exhibit No.

4.1          Poolingand Servicing Agreement, dated as of March 1, 2017, by and among Wells FargoCommercial Mortgage Securities, Inc., as Depositor, Wells Fargo Bank, NationalAssociation, as General Master Servicer, LNR Partners, LLC, as General SpecialServicer, National Cooperative Bank, N.A., as NCB Master Servicer and as NCBSpecial Servicer, Wells Fargo Bank, National Association, as CertificateAdministrator, Wilmington Trust, National Association, as Trustee, andPentalpha Surveillance LLC, as Operating Advisor and as Asset RepresentationsReviewer (filed as Exhibit 4.1 to the registrant’s Current Report on Form 8-K/Afiled on September 22, 2017, 2018 under Commission File No. 333-206677-13 andincorporated by reference herein).

4.2          Poolingand Servicing Agreement, dated as of November 1, 2016, by and among CreditSuisse Commercial Mortgage Securities Corp., as Depositor, Wells Fargo Bank,National Association, as Master Servicer, Rialto Capital Advisors, LLC, asSpecial Servicer, Wells Fargo Bank, National Association, as CertificateAdministrator and Custodian, Wilmington Trust, National Association, asTrustee, and Park Bridge Lender Services LLC, as Operating Advisor and as AssetRepresentations Reviewer (filed as Exhibit 99.6 to the registrant’s CurrentReport on Form 8-K filed on March 14, 2017 under Commission File No.333-206677-13 and incorporated by reference herein).

4.3          Poolingand Servicing Agreement, dated as of December 1, 2016, by and among Wells FargoCommercial Mortgage Securities, Inc., as Depositor, Wells Fargo Bank, NationalAssociation, as Master Servicer, LNR Partners, LLC, as Special Servicer, WellsFargo Bank, National Association, as Certificate Administrator and Custodian,Wilmington Trust, National Association, as Trustee, and Trimont Real EstateAdvisors, LLC, as Operating Advisor and as Asset Representations Reviewer(filed as Exhibit 99.7 to the registrant’s Current Report on Form 8-K filed onMarch 14, 2017 under Commission File No. 333-206677-13 and incorporated byreference herein).

4.4          Amendedand Restated Agreement Between Note Holders, dated as of September 15, 2016, byand between Wilmington Trust, National Association, as trustee, for the benefitof the registered holders of the SG Commercial Mortgage Securities Trust2016-C5, Commercial Mortgage Pass-Through Certificates, Series 2016-C5, as NoteA-1 Holder, SPREF WH III LLC, as Initial Note A-2 Holder, SPREF WH III LLC, asInitial Note A-3 Holder, and SPREF WH III LLC, as Initial Note A-4 Holder,relating to the Peachtree Mall Whole Loan (filed as Exhibit 99.8 to theregistrant’s Current Report on Form 8-K filed on March 14, 2017 underCommission File No. 333-206677-13 and incorporated by reference herein).

4.5          AgreementBetween Note Holders, dated as of December 9, 2016, by and between SilverpeakReal Estate Finance LLC, as Initial Note A-1 Holder, and Silverpeak Real EstateFinance LLC, as Initial Note A-2 Holder, relating to the DoubleTree by HiltonTempe Whole Loan (filed as Exhibit 99.9 to the registrant’s Current Report onForm 8-K filed on March 14, 2017 under Commission File No. 333-206677-13 andincorporated by reference herein).

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

33           Reports on assessment of compliance with servicing criteria for asset-backedsecurities.

 

33.1        Wells Fargo Bank,National Association, as Master Servicer

33.2        National Cooperative Bank,N.A., as NCB Master Servicer

33.3        LNR Partners, LLC, asSpecial Servicer

33.4        National CooperativeBank, N.A., as NCB Special Servicer (see Exhibit 33.2) 

33.5        Wilmington Trust, National Association, as Trustee(Omitted. See Explanatory Notes.)

33.6        Wells Fargo Bank,National Association, as Certificate Administrator

33.7        Wells Fargo Bank,National Association, as Custodian

33.8        Pentalpha SurveillanceLLC, as Operating Advisor

33.9        CoreLogic CommercialReal Estate Services, Inc., as Servicing Function Participant

33.10       National Tax Search, LLC, asServicing Function Participant

33.11       Wells Fargo Bank, NationalAssociation, as Primary Servicer of the Peachtree Mall Mortgage Loan (seeExhibit 33.1) 

33.12       Rialto Capital Advisors,LLC, as Special Servicer of the Peachtree Mall Mortgage Loan

33.13       Wilmington Trust, National Association, as Trustee of the PeachtreeMall Mortgage Loan (Omitted. See Explanatory Notes.)

33.14       Wells Fargo Bank, NationalAssociation, as Certificate Administrator of the Peachtree Mall Mortgage Loan(see Exhibit 33.6) 

33.15       Wells Fargo Bank, NationalAssociation, as Custodian of the Peachtree Mall Mortgage Loan (see Exhibit33.7) 

33.16       Park Bridge Lender Services LLC, as Operating Advisor of thePeachtree Mall Mortgage Loan (Omitted. See Explanatory Notes.)

33.17       CoreLogic Commercial RealEstate Services, Inc., as Servicing Function Participant of the Peachtree MallMortgage Loan (see Exhibit 33.9) 

33.18       National Tax Search, LLC, asServicing Function Participant of the Peachtree Mall Mortgage Loan (see Exhibit33.10) 

33.19       Wells Fargo Bank, NationalAssociation, as Primary Servicer of the DoubleTree by Hilton Tempe MortgageLoan (see Exhibit 33.1) 

33.20       LNR Partners, LLC, as SpecialServicer of the DoubleTree by Hilton Tempe Mortgage Loan (see Exhibit 33.3) 

33.21       Wilmington Trust, National Association, as Trustee of theDoubleTree by Hilton Tempe Mortgage Loan (Omitted. See Explanatory Notes.)

33.22       Wells Fargo Bank, NationalAssociation, as Certificate Administrator of the DoubleTree by Hilton TempeMortgage Loan (see Exhibit 33.6) 

33.23       Wells Fargo Bank, NationalAssociation, as Custodian of the DoubleTree by Hilton Tempe Mortgage Loan (seeExhibit 33.7) 

33.24       Trimont Real Estate Advisors, LLC, as Operating Advisor of theDoubleTree by Hilton Tempe Mortgage Loan (Omitted. See Explanatory Notes.)

33.25       CoreLogic Commercial RealEstate Services, Inc., as Servicing Function Participant of the DoubleTree byHilton Tempe Mortgage Loan (see Exhibit 33.9) 

33.26       National Tax Search, LLC, asServicing Function Participant of the DoubleTree by Hilton Tempe Mortgage Loan(see Exhibit 33.10) 

34           Attestationreports on assessment of compliance with servicing criteria for asset-backedsecurities.

 

34.1        Wells Fargo Bank,National Association, as Master Servicer

34.2        National CooperativeBank, N.A., as NCB Master Servicer

34.3        LNR Partners, LLC, asSpecial Servicer

34.4        National CooperativeBank, N.A., as NCB Special Servicer (see Exhibit 34.2) 

34.5        Wilmington Trust, National Association, as Trustee(Omitted. See Explanatory Notes.)

34.6        Wells Fargo Bank,National Association, as Certificate Administrator

34.7        Wells Fargo Bank,National Association, as Custodian

34.8        Pentalpha SurveillanceLLC, as Operating Advisor

34.9        CoreLogic CommercialReal Estate Services, Inc., as Servicing Function Participant

34.10       National Tax Search, LLC, asServicing Function Participant

34.11       Wells Fargo Bank, NationalAssociation, as Primary Servicer of the Peachtree Mall Mortgage Loan (seeExhibit 34.1) 

34.12       Rialto Capital Advisors,LLC, as Special Servicer of the Peachtree Mall Mortgage Loan

34.13       Wilmington Trust, National Association, as Trustee of thePeachtree Mall Mortgage Loan (Omitted. See Explanatory Notes.)

34.14       Wells Fargo Bank, NationalAssociation, as Certificate Administrator of the Peachtree Mall Mortgage Loan(see Exhibit 34.6) 

34.15       Wells Fargo Bank, NationalAssociation, as Custodian of the Peachtree Mall Mortgage Loan (see Exhibit34.7) 

34.16       Park Bridge Lender Services LLC, as Operating Advisor of thePeachtree Mall Mortgage Loan (Omitted. See Explanatory Notes.)

34.17       CoreLogic Commercial RealEstate Services, Inc., as Servicing Function Participant of the Peachtree MallMortgage Loan (see Exhibit 34.9) 

34.18       National Tax Search, LLC, asServicing Function Participant of the Peachtree Mall Mortgage Loan (see Exhibit34.10) 

34.19       Wells Fargo Bank, NationalAssociation, as Primary Servicer of the DoubleTree by Hilton Tempe MortgageLoan (see Exhibit 34.1) 

34.20       LNR Partners, LLC, as SpecialServicer of the DoubleTree by Hilton Tempe Mortgage Loan (see Exhibit 34.3) 

34.21       Wilmington Trust, National Association, as Trustee of theDoubleTree by Hilton Tempe Mortgage Loan (Omitted. See Explanatory Notes.)

34.22       Wells Fargo Bank, NationalAssociation, as Certificate Administrator of the DoubleTree by Hilton TempeMortgage Loan (see Exhibit 34.6) 

34.23       Wells Fargo Bank, NationalAssociation, as Custodian of the DoubleTree by Hilton Tempe Mortgage Loan (seeExhibit 34.7) 

34.24       Trimont Real Estate Advisors, LLC, as Operating Advisor of theDoubleTree by Hilton Tempe Mortgage Loan (Omitted. See Explanatory Notes.)

34.25       CoreLogic Commercial RealEstate Services, Inc., as Servicing Function Participant of the DoubleTree byHilton Tempe Mortgage Loan (see Exhibit 34.9) 

34.26       National Tax Search, LLC, asServicing Function Participant of the DoubleTree by Hilton Tempe Mortgage Loan(see Exhibit 34.10) 

35           Servicer compliance statements.

 

35.1        Wells Fargo Bank,National Association, as Master Servicer

35.2        National CooperativeBank, N.A., as NCB Master Servicer

35.3        LNR Partners, LLC, asSpecial Servicer

35.4        National CooperativeBank, N.A., as NCB Special Servicer

35.5        Wells Fargo Bank,National Association, as Certificate Administrator

35.6        Wells Fargo Bank,National Association, as Primary Servicer of the Peachtree Mall Mortgage Loan

35.7        Rialto CapitalAdvisors, LLC, as Special Servicer of the Peachtree Mall Mortgage Loan

35.8        Wells Fargo Bank,National Association, as Certificate Administrator of the Peachtree MallMortgage Loan (see Exhibit 35.5) 

35.9        Wells Fargo Bank,National Association, as Primary Servicer of the DoubleTree by Hilton TempeMortgage Loan

35.10       LNR Partners, LLC, as SpecialServicer of the DoubleTree by Hilton Tempe Mortgage Loan (see Exhibit 35.3) 

35.11       Wells Fargo Bank, NationalAssociation, as Certificate Administrator of the DoubleTree by Hilton TempeMortgage Loan (see Exhibit 35.5) 

99.1        MortgageLoan Purchase Agreement, dated as of February 28, 2017, between Wells FargoCommercial Mortgage Securities, Inc. and Rialto Mortgage Finance, LLC (filed asExhibit 99.1 to the registrant’s Current Report on Form 8-K/A filed onSeptember 22, 2017 under Commission File No. 333-206677-13 and incorporated byreference herein).

99.2        MortgageLoan Purchase Agreement, dated as of February 28, 2017, between Wells FargoBank, National Association, as seller, and Wells Fargo Commercial MortgageSecurities, Inc., as purchaser (filed as Exhibit 99.2 to the registrant’sCurrent Report on 8-K/A filed on September 22, 2017 under Commission File No.333-206677-13 and incorporated by reference herein).

99.3        MortgageLoan Purchase Agreement, dated as of February 28, 2017, between Argentic RealEstate Finance LLC, as seller, and Wells Fargo Commercial Mortgage Securities,Inc., as purchaser (filed as Exhibit 99.3 to the registrant’s Current Report on8-K/A filed on September 22, 2017 under Commission File No. 333-206677-13 andincorporated by reference herein).

99.4        MortgageLoan Purchase Agreement, dated as of February 28, 2017, between NationalCooperative Bank, N.A, as seller, and Wells Fargo Commercial MortgageSecurities, Inc., as purchaser (filed as Exhibit 99.4 to the registrant’s CurrentReport on 8-K/A filed on September 22, 2017 under Commission File No.333-206677-13 and incorporated by reference herein).

99.5        MortgageLoan Purchase Agreement, dated as of February 28, 2017, between C-IIICommercial Mortgage LLC, as seller, and Wells Fargo Commercial MortgageSecurities, Inc., as purchaser (filed as Exhibit 99.5 to the registrant’sCurrent Report on 8-K/A filed on September 22, 2017 under Commission File No.333-206677-13 and incorporated by reference herein).