**UNITED STATESSECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON,D.C. 20549**

**FORM 10‐K**

(Mark one)

**/X/ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934**

**    For the fiscal year endedDecember 31, 2021 OR**

**//TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934**

**For the transition period from****            ****to****            **

 

 

 

**Commission file number:333-227446-09**

 

**Central Index Key Number of the issuing entity:****0001799463**

 

**Morgan Stanley Capital ITrust 2020-L4**

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

 

**Central Index Key Number of the depositor:0001547361**

 

**Morgan Stanley Capital I Inc.**

**(exact name of the depositor as specified in itscharter)**

 

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

 

**Morgan Stanley MortgageCapital Holdings LLC**

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

 

**Central Index Key Number of the sponsor:0001624053**

 

**Argentic Real Estate FinanceLLC**

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

**Central Index Key Numberof the sponsor:0001548405**

 

**Starwood Mortgage Capital LLC**

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

** Central Index Key Numberof the sponsor:0001558761**

 

**Cantor Commercial Real EstateLending, L.P.**

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

 

 

| **New York**                                                        | **38-4139211**

**38-4139212**

**38-7235669** |
|---------------------------------------------------------------------|------------------------------------------------|
| **(State or other jurisdiction of incorporation or  organization)** | **(I.R.S. Employer Identification Numbers)**   |

 

**c/o Wells Fargo Bank, N.A.**

**9062 Old Annapolis Road**

** Columbia, MD**

**(Address of principal executive offices)**

 

**21045**

**(Zip Code)**

 

**Telephone number, including area code:**

**(410) 884‐2000**

Securitiesregistered pursuant to Section 12(b) of the Act:

 

| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---------------------|-------------------|-------------------------------------------|
| None                |              |                                      |

 

 

Securitiesregistered pursuant to Section 12(g) of the Act:

 

  NONE.

 

Indicateby check mark if the registrant is a well-known seasoned issuer, as defined inRule 405 of the Securities Act.

 

  Yes___ No X

 

Indicateby check mark if the registrant is not required to file reports pursuant toSection 13 or Section 15(d) of the Act.

 

  Yes___ No X

 

Note- Checking the box above will not relieve any registrant required to filereports pursuant to Section 13 or 15(d) of the Exchange Act from theirobligations under those Sections.

 

Indicate by check mark whether the registrant (1) has filed all reportsrequired to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that theregistrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days.

 

  YesX No ___

 

Indicateby check mark whether the registrant has submitted electronically everyInteractive Data File required to be submitted 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 suchfiles).

 

  Notapplicable.

 

Indicateby check mark whether the registrant is a large accelerated filer, anaccelerated filer, a non-accelerated filer, a smaller reporting company, oremerging growth company. See the definitions of "large acceleratedfiler", "accelerated filer," "smaller reportingcompany," and “emerging growth company” in Rule 12b-2 of the Exchange Act.

 

 Largeaccelerated filer ___ Accelerated filer ___ Non-accelerated filer X (Do not check if a smaller reporting company)Smaller reporting company ___

 

Emerginggrowth company ___

 

Ifan emerging growth company, indicate by check mark if the registrant haselected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) ofthe Ex­change Act.

 

  Notapplicable.

 

Indicateby check mark whether the registrant has filed a report on and attestation toits management’s assessment of the effectiveness of its internal control overfinancial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C.7262(b)) by the registered public accounting firm that prepared or issued itsaudit report.

 

 Not applicable.

 

Indicateby check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Act).

 

  Yes___ No X

 

Statethe aggregate market value of the voting and non-voting common equity held bynon-affiliates computed by reference to the price at which the common equitywas last sold, or the average bid and asked price of such common equity, as ofthe last business day of the registrant's most recently completed second fiscalquarter.

 

  Notapplicable.

 

Indicateby check mark whether the registrant has filed all documents and reports requiredto be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934subsequent to the distribution of securities under a plan confirmed by a court.

 

  Notapplicable.

 

Indicatethe number of shares outstanding of each of the registrant's classes of commonstock, as of the latest practicable date.

 

  Notapplicable.

 

DOCUMENTSINCORPORATED BY REFERENCE

 

Listhereunder the following documents if incorporated by reference and the Part ofthe Form 10-K (e.g., Part I, Part II, etc.) into which the document isincorporated: (1)Any annual report to security holders; (2) Any proxy orinformation statement; and (3)Any prospectus filed pursuant to Rule 424(b) or(c) under the Securities Act of 1933. The listed documents should be clearlydescribed for identification purposes (e.g., annual report to security holdersfor fiscal year ended December 24, 1980).

 

  Notapplicable.

 

**EXPLANATORY NOTES**

 

TheMSC 2020-L4 mortgage pool includes the following mortgage loans, each of whichis serviced pursuant to a separate pooling and servicing agreement (each, an“Outside Pooling and Servicing Agreement”):

 

•  the Bellagio Hotel and Casino mortgage loan, which is serviced pursuant to theBX 2019-OC11 trust and servicing agreement attached hereto as Exhibit 4.2;

 

•  the 545 Washington Boulevard mortgage loan, which is serviced pursuant to theBANK 2020-BNK25  pooling and servicing agreement attached hereto asExhibit 4.3;

 

  • the1412 Broadway mortgage loan, which is serviced pursuant to the BANK 2019-BNK24pooling and servicing agreement attached hereto as Exhibit 4.4;

 

  • the55 Hudson Yards mortgage loan, which is serviced pursuant to the Hudson Yards2019-55HY trust and servicing agreement attached hereto as Exhibit 4.5;

 

  • theAlrig Portfolio mortgage loan, which is serviced pursuant to the CGCMT 2019-C7pooling and servicing agreement attached hereto as Exhibit 4.6; and

 

•   the Sol yLuna mortgage loan,which is serviced pursuant to the CSAIL 2020-C19 pooling and servicing agreement attached hereto asExhibit 4.7.

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

 

•  The trustee under a pooling and servicing agreement has a nominal role withrespect to the mortgage pool securitized pursuant to such pooling and servicingagreement.  The trustee’s only servicing function is the contingentobligation to make certain advances if the master servicer under such poolingand servicing agreement fails to do so, while all other servicing functions areperformed by other parties.  The trustee under each of the pooling andservicing agreements listed in the Exhibit Index has confirmed to theregistrant that it has not made any such contingent advances during thereporting period, and consequently, each such trustee does not participate inthe servicing function for purposes of Item 1122 of Regulation AB, nor does itperform the functions of a servicer for purposes of the definition of“servicer” under Item 1101 of Regulation AB or for purposes of Item 1123 ofRegulation AB.

 

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

 

•  The operating advisor under a pooling and servicing agreement represents theinterests of senior certificateholders in the transaction governed by suchpooling and servicing agreement and is responsible for monitoring theperformance of the special servicer under such pooling and servicing agreementand producing certain reports to certificateholders relating to the resolutionof the mortgage pool securitized pursuant to such pooling and servicing agreement. The operating advisor under a pooling and servicing agreement does not have anyobligations with respect to any other transaction and is solely obligated toperform loan reporting functions with respect to the securitization governed bysuch pooling and servicing agreement.  Consequently, the operating advisorunder an Outside Pooling and Servicing Agreement neither participates in theservicing function for purposes of Item 1122 of Regulation AB nor performs thefunctions of a servicer for purposes of the definition of “servicer” under Item1101 of Regulation AB or for purposes of Item 1123 of Regulation AB.  Inaddition, while the operating advisor under a pooling and servicing agreementhas certain reporting obligations in respect of the related mortgage pool, ithas no obligation to collect or disburse funds in respect of the mortgage poolor to administer any of the underlying mortgage loans.  Consequently, theoperating advisor under a pooling and servicing agreement participates in theservicing function for purposes of Item 1122 of Regulation AB, but is notresponsible for the “management or collection of the pool assets or makingallocations or distributions to holders of the asset-backed securities” withinthe meaning of “servicer” under Item 1101 of Regulation AB and does not performthe functions of a servicer for purposes of Item 1123 of Regulation AB. 

 

•   The asset representations reviewerunder a poolingand servicing agreement has a limited obligation to review certain delinquentmortgage loans after a specified delinquency threshold has been met and therequired percentage of certificateholders vote to direct a review of suchdelinquent mortgage loans, and has no obligation to collect or disburse fundsin respect of the mortgage pool, to administer any of the underlying mortgageloans or to perform any servicing function.  Consequently, the assetrepresentations reviewer under a pooling and servicing agreement does notparticipate in the servicing function for purposes of Item 1122 of RegulationAB, is not responsible for the “management or collection of the pool assets ormaking allocations or distributions to holders of the asset-backed securities”within the meaning of “servicer” under Item 1101 of Regulation AB and does notperform the functions of a servicer for purposes of Item 1123 of Regulation AB.

•  NCB, N.A. as NCB master servicer and NCB special servicer undereach of the BANK 2019-BNK24 pooling and servicing agreement and the BANK2020-BNK25 pooling and servicing agreement, only has obligations in respect ofcertain mortgage loans sold to the BANK 2019-BNK24 securitization trust and theBANK 2020-BNK25 securitization trust, respectively, by NCB, N.A. Such party hasno obligations with respect to the any mortgage loan included in the MSC2020-L4 mortgage pool and therefore in such capacity does not constitute areporting “servicing function participant” for purposes of Item 1122 ofRegulation AB, as specified in the Instruction 3 to Item 1122, and does notconstitute a reporting “servicer” for purposes of Item 1123 of Regulation AB,as specified in the Instruction to Item 1123.

 

•   KeyBankNational Association is the servicer under the BX 2019-OC11 trust and servicingagreement, pursuant to which the Bellagio Hotel and Casino mortgage loan isserviced.  Because KeyBank National Association is not the MSC 2020-L4master servicer, is not affiliated with any sponsor and services only theBellagio Hotel and Casino mortgage loan, which constitutes more than 5% butless than 10% of the mortgage pool, KeyBank National Association, as BX2019-OC11 servicer, constitutes a reporting “servicing function participant”for purposes of Item 1122 of Regulation AB, as specified in the Instruction 3to Item 1122, but does not constitute a reporting “servicer” for purposes ofItem 1123 of Regulation AB, as specified in the Instruction to Item 1123.

 

•  Situs Holdings, LLC is the special servicer under the BX 2019-OC11 trust andservicing agreement, pursuant to which the Bellagio Hotel and Casino mortgageloan is serviced.  Because Situs Holdings, LLC is not the MSC 2020-L4special servicer, is not affiliated with any sponsor and services only theBellagio Hotel and Casino mortgage loan, which constitutes more than 5% butless than 10% of the mortgage pool Situs Holdings, LLC, as BX 2019-OC11 specialservicer, constitutes a reporting “servicing function participant” for purposesof Item 1122 of Regulation AB, as specified in the Instruction 3 to Item 1122,but does not constitute a reporting “servicer” for purposes of Item 1123 ofRegulation AB, as specified in the Instruction to Item 1123.

 

•  KeyBank National Association is the general special servicer under the BANK2020-BNK25 pooling and servicing agreement, pursuant to which the 545Washington Boulevard mortgage loan is serviced.  Because KeyBank NationalAssociation is not the MSC 2020-L4 special servicer, is not affiliated with anysponsor and services only the 545 Washington Boulevard mortgage loan, whichconstitutes more than 5% but less than 10% of the mortgage pool, KeyBankNational Association, as BANK 2020-BNK25 general master servicer, constitutes areporting “servicing function participant” for purposes of Item 1122 ofRegulation AB, as specified in the Instruction 3 to Item 1122, but does notconstitute a reporting “servicer” for purposes of Item 1123 of Regulation AB,as specified in the Instruction to Item 1123.

 

•  Midland Loan Services, a Division of PNC Bank, National Association was, untilJuly 13, 2021, the special servicer under the BANK 2019-BNK24 pooling andservicing agreement, pursuant to which the 1412 Broadway mortgage loan isserviced. Because Midland Loan Services, a Divisionof PNC Bank, National Association is not the MSC 2020-L4 special servicer, isnot affiliated with any sponsor and serviced only the 1412 Broadway mortgageloan, which constitutes less than 5% of the mortgage pool, Midland LoanServices, a Division of PNC Bank, National Association, as BANK 2019-BNK24special servicer, does not constitute a reporting “servicing functionparticipant” for purposes of Item 1122 of Regulation AB, as specified in theInstruction 3 to Item 1122, and does not constitute a reporting “servicer” forpurposes of Item 1123 of Regulation AB, as specified in the Instruction to Item1123.

 

•  CWCapital Asset Management LLC is the special servicer under the Hudson Yards2019-55HY trust and servicing agreement, pursuant to which the 55 Hudson Yardsmortgage loan is serviced. Because CWCapital Asset Management LLC is not theMSC 2020-L4 special servicer, is not affiliated with any sponsor and servicesonly the 55 Hudson Yards mortgage loan, which constitutes less than 5% of themortgage pool, CWCapital Asset Management LLC, as Hudson Yards 2019-55HYspecial servicer, does not constitute a reporting “servicing functionparticipant” for purposes of Item 1122 of Regulation AB, as specified in theInstruction 3 to Item 1122, and does not constitute a reporting “servicer” forpurposes of Item 1123 of Regulation AB, as specified in the Instruction to Item1123.

 

•  3650 REIT Loan Servicing LLC is the special servicer under the CSAIL 2020-C19pooling and servicing agreement, pursuant to which the Sol y Luna mortgage loanis serviced.  Because 3650 REIT LoanServicing LLC is not the MSC 2020-L4 special servicer, is not affiliated withany sponsor and services only the Sol y Luna mortgage loan, which constitutesless than 5% of the mortgage pool, 3650 REIT Loan Servicing LLC, as CSAIL2019-C19 special servicer, does not constitute a reporting “servicing functionparticipant” for purposes of Item 1122 of Regulation AB, as specified in theInstruction 3 to Item 1122, and does not constitute a reporting “servicer” forpurposes of Item 1123 of Regulation AB, as specified in the Instruction to Item1123.

 

•   Citibank,N.A., ascertificate administrator under the CGCMT 2019-C7 pooling and servicingagreement, pursuant to which the Alrig Portfolio mortgage loan is serviced,engaged U.S. Bank National Association to perform the related custodialservices with respect to such mortgage loan, and U.S. Bank National Associationperformed all such custodial services pursuant to the related pooling andservicing agreement. Because U.S. Bank National Association is not the MSC2020-L4 custodian, is not affiliated with any sponsor and only serviced theAlrig Portfolio mortgage loan, which constitutes less than 5% of the mortgagepool, U.S. Bank National Association, as a CGCMT 2019-C7 servicing functionparticipant, does not constitute a reporting “servicing function participant”for purposes of Item 1122 of Regulation AB, as specified in the Instruction 3to Item 1122, and does not constitute a reporting “servicer” for purposes ofItem 1123 of Regulation AB, as specified in the Instruction to Item 1123.

 

•  Argentic Services Company LP is the current special servicer under the MSC2020-L4 pooling and servicing agreement. On May 6, 2020, LNR Partners, LLC wasreplaced as special servicer under the MSC 2020-L4 pooling and servicingagreement and was succeeded by Argentic Services Company LP.

 

•   LNR Partners, LLC is thecurrent special servicer under the BANK 2019-BNK24 pooling and servicingagreement, pursuant to which the 1412 Broadway mortgage loan is serviced. OnJuly 13, 2021, Midland Loan Services, a Division of PNC Bank, NationalAssociation was replaced as special servicer under the BANK 2019-BNK24 poolingand servicing agreement and was succeeded by LNR Partners, LLC.

•   National Tax Search, LLCmerged into CoreLogic Solutions, LLC in 2021.  CoreLogic Solutions, LLC’sreport on assessment of compliance with servicing criteria and registeredpublic accounting firm attestation report, in each case provided pursuant toItem 1122 of Regulation AB, also relate to National Tax Search, LLC’s platformfor the reporting period.

 In addition, each of the following partiesengaged the services of certain servicing function participants andsub-servicers for the reporting period, as set forth below:

 

•  Wells Fargo Bank, National Association, as general master servicer under theBANK 2020-BNK25 pooling and servicing agreement, pursuant to which the 545Washington Boulevard mortgage loan is serviced, engaged the services ofCoreLogic Solutions, LLC and National Tax Search, LLC, in each case as aservicing function participant in respect of the 545 Washington Boulevardmortgage loan for the reporting period.

 

•  Wells Fargo Bank, National Association, as general master servicer under theBANK 2019-BNK24 pooling and servicing agreement, pursuant to which the 1412Broadway mortgage loan is serviced, engaged the services of CoreLogicSolutions, LLC and National Tax Search, LLC, in each case as a servicingfunction participant in respect of the 1412 Broadway mortgage loan for thereporting period.

 

•  Wells Fargo Bank, National Association, as servicer under the Hudson Yard2019-55HY trust and servicing agreement, pursuant to which the 55 Hudson Yardsmortgage loan is serviced, engaged the services of CoreLogic Solutions, LLC andNational Tax Search, LLC, in each case as a servicing function participant inrespect of the 55 Hudson Yards mortgage loan for the reporting period.

 

•  Wells Fargo Bank, National Association, as master servicer under the CGCMT2019-C7 pooling and servicing agreement, pursuant to which the Alrig Portfoliomortgage loan is serviced, engaged the services of CoreLogic Solutions, LLC andNational Tax Search, LLC, in each case as a servicing function participant inrespect of the Alrig Portfolio mortgage loan for the reporting period.

 

•  On November 1, 2021, pursuant to the second amended and restated servicingagreement attached hereto as Exhibit 99.15, Computershare Trust Company,National Association was engaged to perform all or virtually all of Wells FargoBank, National Association’s roles as certificate administrator, custodian andtrustee, as applicable, under (i) the pooling and servicing agreement and (ii)each Outside Pooling and Servicing Agreement.

 

 

 

| **PART I**   |                            |
|-------------------|---------------------------------|
|              |                            |
| **Item 1.**  | **Business.**                   |
|              | Omitted.                        |
| **Item 1A.** | **Risk Factors.**          |
|              | Omitted.                        |
| **Item 1B.** | **Unresolved Staff  Comments.** |
|              | None.                           |
| **Item 2.**  | **Properties.**                 |
|              | Omitted.                        |
| **Item 3.**  | **Legal Proceedings.**     |
|              | Omitted.                        |
| **Item 4.**  | **Mine Safety Disclosures.**    |
|              | Omitted.                        |
|              |                            |   |

 

| **PART II**  |                                                                                                                |
|-------------------|---------------------------------------------------------------------------------------------------------------------|
|              |                                                                                                                |
| **Item 5.**  | **Market for Registrant's  Common Equity, Related Stockholder Matters and Issuer Purchases of Equity  Securities.** |
|              | Omitted.                                                                                                            |
| **Item 6.**  | **Selected Financial Data.**                                                                                        |
|              | Omitted.                                                                                                            |
| **Item 7.**  | **Management's Discussion and  Analysis of Financial Condition and Results of Operations.**                         |
|              | Omitted.                                                                                                            |
| **Item 7A.** | **Quantitative and  Qualitative Disclosures About Market Risk.**                                                    |
|              | Omitted.                                                                                                            |
| **Item 8.**  | **Financial Statements and  Supplementary Data.**                                                                   |
|              | Omitted.                                                                                                            |
| **Item 9.**  | **Changes in and  Disagreements With Accountants on Accounting and Financial Disclosure.**                          |
|              | Omitted.                                                                                                            |
| **Item 9A.** | **Controls and Procedures.**                                                                                        |
|              | Omitted.                                                                                                            |
| **Item 9B.** | **Other Information.**                                                                                         |
|              | None.                                                                                                               |
|              |                                                                                                                |   |

 

| **PART III** |                                                                                                 |
|-------------------|------------------------------------------------------------------------------------------------------|
|              |                                                                                                 |
| **Item 10.** | **Directors, Executive  Officers and Corporate Governance.**                                         |
|              | Omitted.                                                                                             |
| **Item 11.** | **Executive Compensation.**                                                                          |
|              | Omitted.                                                                                             |
| **Item 12.** | **Security Ownership of  Certain Beneficial Owners and Management and Related Stockholder Matters.** |
|              | Omitted.                                                                                             |
| **Item 13.** | **Certain Relationships and  Related Transactions, and Director Independence.**                      |
|              | Omitted.                                                                                             |
| **Item 14.** | **Principal Accountant Fees  and Services.**                                                         |
|              | Omitted.                                                                                             |
|              |                                                                                                 |   |

 

**ADDITIONALDISCLOSURE ITEMS FOR REGULATION AB**

 

**Item1112(b) of Regulation AB, Significant Obligor Financial Information.**

 

Notapplicable.

 

**Item1114(b)(2) of Regulation AB, Significant Enhancement Provider FinancialInformation.**

 

No entityor group of affiliated entities provides any enhancement or other support forthe certificates as described under Item 1114 (a) of Regulation AB.

 

**Item1115(b) of Regulation AB, Certain Derivatives Instruments (FinancialInformation).**

 

Noentity or group of affiliated entities provides any derivative instruments forthe certificates as described under Item 1115 of Regulation AB.

 

**Item1117 of Regulation AB, Legal Proceedings.**

 

Theregistrant knows of no legal proceeding pending against the sponsors,depositor, trustee, issuing entity, servicer contemplated by Item 1108(a)(3) ofRegulation AB, originator contemplated by Item 1110(b) of Regulation AB, or otherparty contemplated by Item 1100(d)(1) of Regulation AB, or of which anyproperty of the foregoing is the subject, that is material to security holders,other than as follows:

 

InDecember 2014, Phoenix Light SF Limited and certain related entities and theNational Credit Union Administration (NCUA) filed complaints in the UnitedStates District Court for the Southern District of New York against Wells FargoBank, alleging claims against Wells Fargo Bank in its capacity as trustee for anumber of residential mortgage-backed securities trusts. Complaints raisingsimilar allegations have been filed by Commerzbank AG in the Southern Districtof New York and by IKB International and IKB Deutsche Industriebank in New Yorkstate court. In each case, the plaintiffs allege that Wells Fargo Bank, astrustee, caused losses to investors, and plaintiffs assert causes of actionbased upon, among other things, the trustee’s alleged failure to notify andenforce repurchase obligations of mortgage loan sellers for purported breachesof representations and warranties, notify investors of alleged events ofdefault, and abide by appropriate standards of care following alleged events ofdefault. Wells Fargo Bank previously settled two class action lawsuits withsimilar allegations that were filed in November 2014 and December 2016 byinstitutional investors in the Southern District of New York and New York statecourt, respectively. In addition, Park Royal I LLC and Park Royal II LLC havefiled complaints in New York state court alleging Wells Fargo Bank, N.A., astrustee, failed to take appropriate actions upon learning of defective mortgageloan documentation. In March 2021, the Company entered into an agreement toresolve the case filed by the NCUA.

 

Inaddition to the foregoing cases, in August 2014 and August 2015 Nomura Credit& Capital Inc. (“Nomura”) and Natixis Real Estate Holdings, LLC (“Natixis”)filed a total of seven third-party complaints against Wells Fargo Bank in NewYork state court. In the underlying first-party actions, Nomura and Natixishave been sued for alleged breaches of representations and warranties made inconnection with residential mortgage-backed securities sponsored by them. Inthe third-party actions, Nomura and Natixis allege that Wells Fargo Bank, asmaster servicer, primary servicer or securities administrator, failed to notifyNomura and Natixis of their own breaches, failed to properly oversee theprimary servicers, and failed to adhere to accepted servicing practices.Natixis additionally alleges that Wells Fargo Bank failed to perform defaultoversight duties. Wells Fargo Bank has asserted counterclaims alleging thatNomura and Natixis failed to provide Wells Fargo Bank notice of theirrepresentation and warranty breaches.

 

Withrespect to each of the foregoing litigations, Wells Fargo Bank believesplaintiffs' claims are without merit and intends to contest the claimsvigorously, but there can be no assurances as to the outcome of the litigationsor the possible impact of the litigations on Wells Fargo Bank or the relatedRMBS trusts.

 

OnFebruary 14, 2022, Cantor Commercial Real Estate Lending, L.P. (“CCRE”) wasnamed as a defendant in a lawsuit captioned Kingsbridge 2005, LLC, ShelbourneBroad Street, LLC and 691 Central Avenue SPE LLC v Cantor Commercial RealEstate Lending, L.P., and KKR Real Estate Credit Opportunity PartnersAggregator I L.P., and Midland Loan Services, Inc., Index No. 650687/2002,filed in the Supreme Court of the State of New York, County of New York. Plaintiff seeks recission of a $93 million loan issued by CCRE in September2018 and subsequently sold into four commercial mortgage backed securitiestransactions on the theory of unilateral mistake.  Plaintiff claims itdiscovered the issue when it was denied partial defeasance of one property thatserved as collateral for the loan.  The case is in the early stages. At this point, CCRE does not believe the outcome of the case would have amaterial impact on CCRE’s obligations with respect to the loan or on certificateholders, although no assurance can be given that it will not have a materialimpact on certificate holders.

 

**Item1119 of Regulation AB, Affiliations and Certain Relationships and RelatedTransactions.**

 

Theinformation regarding this Item has been provided previously in an annualreport on Form 10-K of the issuing entity or in the prospectus of the issuingentity filed in a 424(b)(2) filing dated February 20, 2020.  In addition,LNR Partners, LLC, the general special servicer under the BANK 2019-BNK24pooling and servicing agreement, pursuant to which the 1412 Broadway mortgageloan is serviced, is also the special servicer under the CGCMT 2019-C7 poolingand servicing agreement, an affiliate of the directing certificateholder underthe CGCMT 2019-C7 pooling and servicing agreement and an affiliate of StarwoodMortgage Capital LLC, one of the sponsors of the MSC 2020-L4 securitization.

 

**Item1122 of Regulation AB, Compliance with Applicable Servicing Criteria.**

 

Thereports on assessment of compliance with the servicing criteria forasset-backed securities and the related attestation reports on such assessmentsof compliance are attached hereto under Item 15. 

 

**Item1123 of Regulation AB, Servicer Compliance Statement.**

 

Theservicer compliance statements are attached hereto under Item 15.

 

**PART IV**

 

**Item15. Exhibits, Financial Statement Schedules.**

 

(a) Exhibits.

 

(4.1) Pooling and ServicingAgreement, dated as ofFebruary 1, 2020, between Morgan Stanley Capital I Inc., as depositor, MidlandLoan Services, a Division of PNC Bank, National Association, as masterservicer, LNR Partners, LLC, as special servicer, Wells Fargo Bank, NationalAssociation, as certificate administrator and trustee, and PentalphaSurveillance LLC, as operating advisor and as asset representations reviewer(filed as Exhibit 4.1 to the registrant's Current Report on Form 8-K/A filed onAugust 6, 2020 under SEC File No. 333-227446-09 and incorporated by referenceherein).

 

(4.2) Trust and ServicingAgreement, dated as ofDecember 1, 2019, between Morgan Stanley Capital I Inc., as depositor, KeyBankNational Association, as servicer, Situs Holdings, LLC, as special servicer,Wells Fargo Bank, National Association, as certificate administrator, custodianand trustee, and Park Bridge Lender Services LLC, as operating advisor,relating to the BX 2019-OC11 securitization transaction, pursuant to which theBellagio Hotel and Casino Mortgage Loan is serviced (filed as Exhibit 4.2 tothe registrant's Current Report on Form 8-K filed on February 20, 2020 underSEC File No. 333-227446-09 and incorporated by reference herein).

 

(4.3) Pooling and ServicingAgreement, dated as ofFebruary 1, 2020, between Wells Fargo Commercial Mortgage Securities, Inc., as depositor,Wells Fargo Bank, National Association, as general master servicer, KeyBankNational Association, as general special servicer, National Cooperative Bank,N.A., as NCB master servicer and NCB special servicer, Wells Fargo Bank,National Association, as certificate administrator, Wilmington Trust, NationalAssociation, as trustee, and Pentalpha Surveillance LLC, as operating advisorand as asset representations reviewer, relating to the BANK 2020-BNK25securitization transaction, pursuant to which the 545 Washington BoulevardMortgage Loan is serviced (filed as Exhibit 4.3 to the registrant's CurrentReport on Form 8-K filed on February 20, 2020 under SEC File No. 333-227446-09and incorporated by reference herein).

 

(4.4) Pooling and ServicingAgreement, dated as ofDecember 1, 2019, between Banc of America Merrill Lynch Commercial MortgageInc., as depositor, Wells Fargo Bank, National Association, as general masterservicer, Midland Loan Services, a Division of PNC Bank, National Association,as general special servicer, National Cooperative Bank, N.A., as NCB masterservicer and NCB special servicer, Wells Fargo Bank, National Association, as certificateadministrator, Wilmington Trust, National Association, as trustee, and ParkBridge Lender Services LLC, as operating advisor and as asset representationsreviewer, relating to the BANK 2019-BNK24 securitization transaction, pursuantto which the 1412 Broadway Mortgage Loan is serviced (filed as Exhibit 4.4 tothe registrant's Current Report on Form 8-K filed on February 20, 2020 underSEC File No. 333-227446-09 and incorporated by reference herein).

 

(4.5) Trust and ServicingAgreement, dated as ofDecember 6, 2019, between Wells Fargo Commercial Mortgage Securities, Inc., asdepositor, Wells Fargo Bank, National Association, as master servicer, CWCapitalAsset Management LLC, as special servicer, Wilmington Trust, NationalAssociation, as trustee, and Wells Fargo Bank, National Association, ascertificate administrator, paying agent and custodian, relating to the HY2019-55HY securitization transaction, pursuant to which the 55 Hudson YardsMortgage Loan is serviced (filed as Exhibit 4.5 to the registrant's CurrentReport on Form 8-K filed on February 20, 2020 under SEC File No. 333-227446-09and incorporated by reference herein).

 

(4.6) Pooling and ServicingAgreement, dated as ofDecember 1, 2019, between Citigroup Commercial Mortgage Securities Inc., asdepositor, Wells Fargo Bank, National Association, as master servicer, LNRPartners, LLC, as a special servicer, Wilmington Trust, National Association,as trustee, Citibank, N.A., as certificate administrator, and PentalphaSurveillance LLC, as operating advisor and asset representations reviewer,relating to the CGCMT 2019-C7 securitization transaction, pursuant to which theAlrig Portfolio Mortgage Loan is serviced (filed as Exhibit 4.6 to theregistrant's Current Report on Form 8-K filed on February 20, 2020 under SECFile No. 333-227446-09 and incorporated by reference herein).

 

(4.7) Pooling and ServicingAgreement, dated as ofMarch 1, 2020, between Credit Suisse Commercial Mortgage Securities Corp., asdepositor, Midland Loan Services, a Division of PNC Bank, National Association,as master servicer, 3650 REIT Loan Servicing LLC, as special servicer, ParkBridge Lender Services LLC, as operating advisor and as asset representationsreviewer, and Wells Fargo Bank, National Association, as certificateadministrator and trustee, relating to the CSAIL 2020-C19 securitizationtransaction, pursuant to which the Sol y Luna Mortgage Loan is serviced (filedas Exhibit 4.7 to the registrant's Current Report on Form 8-K/A filed on April13, 2020 under SEC File No. 333-227446-09 and incorporated by referenceherein).

 

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

 

(33)  Reports on assessment ofcompliance with servicing criteria for asset-backed securities.

 

33.1 Wells Fargo Bank, National Association,as CertificateAdministrator

 

33.2 Computershare Trust Company, NationalAssociation, asServicing Function Participant for the Certificate Administrator (from 11/1/21to 12/31/21)

 

33.3 Wells Fargo Bank, National Association, asCustodian

 

33.4 Computershare Trust Company, NationalAssociation, asServicing Function Participant for the Custodian (from 11/1/21 to 12/31/21)

 

33.5Midland Loan Services, a Division of PNC Bank,National Association, as Master Servicer 

 

33.6Argentic Services Company LP, as Special Servicer

 

33.7Pentalpha Surveillance LLC, as Operating Advisor

 

33.8KeyBank National Association, as Master Servicerunder the BX 2019-OC11 securitization, pursuant to which the following mortgageloans were serviced by such party: Bellagio Hotel and Casino (from 1/1/21 to12/31/21)

 

33.9Wells Fargo Bank, National Association, as MasterServicer under the BANK 2020-BNK25 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 545 Washington Boulevard(1/1/21 to 12/31/21)

 

33.10CoreLogic Solutions, LLC, as Servicing FunctionParticipant under the BANK 2020-BNK25 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 545 Washington Boulevard(1/1/21 to 12/31/21)

 

33.11Wells Fargo Bank, National Association, as MasterServicer under the BANK 2019-BNK24 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 1412 Broadway (1/1/21 to12/31/21) (See exhibit 33.9)

 

33.12CoreLogic Solutions, LLC, as Servicing FunctionParticipant under the BANK 2019-BNK24 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 1412 Broadway (1/1/21 to12/31/21) (See exhibit 33.10)

 

33.13Wells Fargo Bank, National Association, as MasterServicer under the Hudson Yards 2019-55HY securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 55 Hudson Yards (1/1/21to 12/31/21) (See exhibit 33.9)

 

33.14CoreLogic Solutions, LLC, as Servicing FunctionParticipant under the Hudson Yards 2019-55HY securitization, pursuant to whichthe following mortgage loans were serviced by such party: 55 Hudson Yards(1/1/21 to 12/31/21) (See exhibit 33.10)

 

33.15Midland Loan Services, a Division of PNC Bank,National Association, as Master Servicer under the CSAIL 2020-C19securitization, pursuant to which the following mortgage loans were serviced bysuch party: Sol y Luna (1/1/21 to 12/31/21) (See exhibit 33.5)

 

33.16Wells Fargo Bank, National Association, as MasterServicer under the CGCMT 2019-C7 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Alrig Portfolio (1/1/21to 12/31/21) (See exhibit 33.9)

 

33.17CoreLogic Solutions, LLC, as Servicing FunctionParticipant under the CGCMT 2019-C7 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Alrig Portfolio (1/1/21to 12/31/21) (See exhibit 33.10)

 

33.18Situs Holdings, LLC, as Special Servicer under theBX 2019-OC11 securitization, pursuant to which the following mortgage loanswere serviced by such party: Bellagio Hotel and Casino (from 1/1/21 to12/31/21)

 

33.19KeyBank National Association, as Special Servicerunder the BANK 2020-BNK25 securitization, pursuant to which the followingmortgage loans were serviced by such party: 545 Washington Boulevard (1/1/21 to12/31/21) (See exhibit 33.8)

 

33.20LNR Partners, LLC, as Special Servicer under theBANK 2019-BNK24 securitization, pursuant to which the following mortgage loanswere serviced by such party: 1412 Broadway (7/13/21 to 12/31/21)

 

33.21LNR Partners, LLC, as Special Servicer under theCGCMT 2019-C7 securitization, pursuant to which the following mortgage loanswere serviced by such party: Alrig Portfolio (1/1/21 to 12/31/21) (See exhibit33.20)

 

33.22Wells Fargo Bank, National Association, asCustodian under the BX 2019-OC11 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Bellagio Hotel and Casino(from 1/1/21 to 12/31/21) (See exhibit 33.3)

 

33.23Computershare Trust Company, National Association,as Servicing Function Participant under the BX 2019-OC11 securitization,pursuant to which the following mortgage loans were serviced by such party:Bellagio Hotel and Casino (from 11/1/21 to 12/31/21) (See exhibit 33.4)

 

33.24Wells Fargo Bank, National Association, asCustodian under the BANK 2020-BNK25 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 545 Washington Boulevard(1/1/21 to 12/31/21) (See exhibit 33.3)

 

33.25Computershare Trust Company, National Association,as Servicing Function Participant under the BANK 2020-BNK25 securitization,pursuant to which the following mortgage loans were serviced by such party: 545Washington Boulevard (11/1/21 to 12/31/21) (See exhibit 33.4)

 

33.26Wells Fargo Bank, National Association, asCustodian under the BANK 2019-BNK24 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 1412 Broadway (1/1/21 to12/31/21) (See exhibit 33.3)

 

33.27Computershare Trust Company, National Association,as Servicing Function Participant under the BANK 2019-BNK24 securitization,pursuant to which the following mortgage loans were serviced by such party:1412 Broadway (11/1/21 to 12/31/21) (See exhibit 33.4)

 

33.28Wells Fargo Bank, National Association, asCustodian under the Hudson Yards 2019-55HY securitization, pursuant to whichthe following mortgage loans were serviced by such party: 55 Hudson Yards(1/1/21 to 12/31/21) (See exhibit 33.3)

 

33.29Computershare Trust Company, National Association,as Servicing Function Participant under the Hudson Yards 2019-55HYsecuritization, pursuant to which the following mortgage loans were serviced bysuch party: 55 Hudson Yards (11/1/21 to 12/31/21) (See exhibit 33.4)

 

33.30Wells Fargo Bank, National Association, asCustodian under the CSAIL 2020-C19 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Sol y Luna (1/1/21 to12/31/21) (See exhibit 33.3)

 

33.31Computershare Trust Company, National Association,as Servicing Function Participant under the CSAIL 2020-C19 securitization,pursuant to which the following mortgage loans were serviced by such party: Soly Luna (11/1/21 to 12/31/21) (See exhibit 33.4)

 

(34).Attestation reports on assessment of compliance with servicing criteria forasset-backed securities.

 

34.1 Wells Fargo Bank, National Association,as CertificateAdministrator

 

34.2 Computershare Trust Company, NationalAssociation, asServicing Function Participant for the Certificate Administrator (from 11/1/21to 12/31/21)

 

34.3 Wells Fargo Bank, National Association, asCustodian

 

34.4 Computershare Trust Company, NationalAssociation, asServicing Function Participant for the Custodian (from 11/1/21 to 12/31/21)

 

34.5Midland Loan Services, a Division of PNC Bank,National Association, as Master Servicer 

 

34.6Argentic Services Company LP, as Special Servicer

 

34.7Pentalpha Surveillance LLC, as Operating Advisor

 

34.8KeyBank National Association, as Master Servicer underthe BX 2019-OC11 securitization, pursuant to which the following mortgage loanswere serviced by such party: Bellagio Hotel and Casino (from 1/1/21 to12/31/21)

 

34.9Wells Fargo Bank, National Association, as MasterServicer under the BANK 2020-BNK25 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 545 Washington Boulevard(1/1/21 to 12/31/21)

 

34.10CoreLogic Solutions, LLC, as Servicing FunctionParticipant under the BANK 2020-BNK25 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 545 Washington Boulevard(1/1/21 to 12/31/21)

 

34.11Wells Fargo Bank, National Association, as MasterServicer under the BANK 2019-BNK24 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 1412 Broadway (1/1/21 to12/31/21) (See exhibit 34.9)

 

34.12CoreLogic Solutions, LLC, as Servicing FunctionParticipant under the BANK 2019-BNK24 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 1412 Broadway (1/1/21 to12/31/21) (See exhibit 34.10)

 

34.13Wells Fargo Bank, National Association, as MasterServicer under the Hudson Yards 2019-55HY securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 55 Hudson Yards (1/1/21to 12/31/21) (See exhibit 34.9)

 

34.14CoreLogic Solutions, LLC, as Servicing FunctionParticipant under the Hudson Yards 2019-55HY securitization, pursuant to whichthe following mortgage loans were serviced by such party: 55 Hudson Yards(1/1/21 to 12/31/21) (See exhibit 34.10)

 

34.15Midland Loan Services, a Division of PNC Bank,National Association, as Master Servicer under the CSAIL 2020-C19securitization, pursuant to which the following mortgage loans were serviced bysuch party: Sol y Luna (1/1/21 to 12/31/21) (See exhibit 34.5)

 

34.16Wells Fargo Bank, National Association, as MasterServicer under the CGCMT 2019-C7 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Alrig Portfolio (1/1/21to 12/31/21) (See exhibit 34.9)

 

34.17CoreLogic Solutions, LLC, as Servicing FunctionParticipant under the CGCMT 2019-C7 securitization, pursuant to which the followingmortgage loans were serviced by such party: Alrig Portfolio (1/1/21 to12/31/21) (See exhibit 34.10)

 

34.18Situs Holdings, LLC, as Special Servicer under theBX 2019-OC11 securitization, pursuant to which the following mortgage loanswere serviced by such party: Bellagio Hotel and Casino (from 1/1/21 to12/31/21)

 

34.19KeyBank National Association, as Special Servicerunder the BANK 2020-BNK25 securitization, pursuant to which the followingmortgage loans were serviced by such party: 545 Washington Boulevard (1/1/21 to12/31/21) (See exhibit 34.8)

 

34.20LNR Partners, LLC, as Special Servicer under theBANK 2019-BNK24 securitization, pursuant to which the following mortgage loanswere serviced by such party: 1412 Broadway (7/13/21 to 12/31/21)

 

34.21LNR Partners, LLC, as Special Servicer under theCGCMT 2019-C7 securitization, pursuant to which the following mortgage loanswere serviced by such party: Alrig Portfolio (1/1/21 to 12/31/21) (See exhibit34.20)

 

34.22Wells Fargo Bank, National Association, asCustodian under the BX 2019-OC11 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Bellagio Hotel and Casino(from 1/1/21 to 12/31/21) (See exhibit 34.3)

 

34.23Computershare Trust Company, National Association,as Servicing Function Participant under the BX 2019-OC11 securitization,pursuant to which the following mortgage loans were serviced by such party:Bellagio Hotel and Casino (from 11/1/21 to 12/31/21) (See exhibit 34.4)

 

34.24Wells Fargo Bank, National Association, asCustodian under the BANK 2020-BNK25 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 545 Washington Boulevard(1/1/21 to 12/31/21) (See exhibit 34.3)

 

34.25Computershare Trust Company, National Association,as Servicing Function Participant under the BANK 2020-BNK25 securitization,pursuant to which the following mortgage loans were serviced by such party: 545Washington Boulevard (11/1/21 to 12/31/21) (See exhibit 34.4)

 

34.26Wells Fargo Bank, National Association, asCustodian under the BANK 2019-BNK24 securitization, pursuant to which the followingmortgage loans were serviced by such party: 1412 Broadway (1/1/21 to 12/31/21)(See exhibit 34.3)

 

34.27Computershare Trust Company, National Association,as Servicing Function Participant under the BANK 2019-BNK24 securitization,pursuant to which the following mortgage loans were serviced by such party:1412 Broadway (11/1/21 to 12/31/21) (See exhibit 34.4)

 

34.28Wells Fargo Bank, National Association, asCustodian under the Hudson Yards 2019-55HY securitization, pursuant to whichthe following mortgage loans were serviced by such party: 55 Hudson Yards(1/1/21 to 12/31/21) (See exhibit 34.3)

 

34.29Computershare Trust Company, National Association,as Servicing Function Participant under the Hudson Yards 2019-55HYsecuritization, pursuant to which the following mortgage loans were serviced bysuch party: 55 Hudson Yards (11/1/21 to 12/31/21) (See exhibit 34.4)

 

34.30Wells Fargo Bank, National Association, asCustodian under the CSAIL 2020-C19 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Sol y Luna (1/1/21 to12/31/21) (See exhibit 34.3)

 

34.31Computershare Trust Company, National Association, asServicing Function Participant under the CSAIL 2020-C19 securitization,pursuant to which the following mortgage loans were serviced by such party: Soly Luna (11/1/21 to 12/31/21) (See exhibit 34.4)

 

(35). Servicer compliancestatement.

 

35.1 Wells Fargo Bank, National Association,as CertificateAdministrator

 

35.2 Computershare Trust Company, NationalAssociation, asServicing Function Participant for the Certificate Administrator (from 11/1/21to 12/31/21)

 

35.3 Wells Fargo Bank, National Association, asCustodian

 

35.4 Computershare Trust Company, NationalAssociation, asServicing Function Participant for the Custodian (from 11/1/21 to 12/31/21)

 

35.5Midland Loan Services, a Division of PNC Bank,National Association, as Master Servicer

 

35.6Argentic Services Company LP, as Special Servicer

 

35.7Wells Fargo Bank, National Association, as MasterServicer under the BANK 2020-BNK25 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 545 Washington Boulevard(1/1/21 to 12/31/21)

 

35.8Wells Fargo Bank, National Association, as MasterServicer under the BANK 2019-BNK24 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 1412 Broadway (1/1/21 to12/31/21) (See exhibit 35.7)

 

35.9Wells Fargo Bank, National Association, as MasterServicer under the Hudson Yards 2019-55HY securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 55 Hudson Yards (1/1/21to 12/31/21) (See exhibit 35.7)

 

35.10Midland Loan Services, a Division of PNC Bank,National Association, as Master Servicer under the CSAIL 2020-C19securitization, pursuant to which the following mortgage loans were serviced bysuch party: Sol y Luna (1/1/21 to 12/31/21) (See exhibit 35.5)

 

35.11Wells Fargo Bank, National Association, as Master Servicerunder the CGCMT 2019-C7 securitization, pursuant to which the followingmortgage loans were serviced by such party: Alrig Portfolio (1/1/21 to12/31/21) (See exhibit 35.7)

 

35.12LNR Partners, LLC, as Special Servicer under theBANK 2019-BNK24 securitization, pursuant to which the following mortgage loanswere serviced by such party: 1412 Broadway (7/13/21 to 12/31/21)

 

35.13LNR Partners, LLC, as Special Servicer under theCGCMT 2019-C7 securitization, pursuant to which the following mortgage loanswere serviced by such party: Alrig Portfolio (1/1/21 to 12/31/21) (See exhibit35.12)

 

35.14Wells Fargo Bank, National Association, asCustodian under the BX 2019-OC11 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Bellagio Hotel and Casino(from 1/1/21 to 12/31/21) (See exhibit 35.3)

 

35.15Computershare Trust Company, National Association,as Servicing Function Participant under the BX 2019-OC11 securitization,pursuant to which the following mortgage loans were serviced by such party:Bellagio Hotel and Casino (from 11/1/21 to 12/31/21) (See exhibit 35.4)

 

35.16Wells Fargo Bank, National Association, asCustodian under the BANK 2020-BNK25 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 545 Washington Boulevard(1/1/21 to 12/31/21) (See exhibit 35.3)

 

35.17Computershare Trust Company, National Association,as Servicing Function Participant under the BANK 2020-BNK25 securitization,pursuant to which the following mortgage loans were serviced by such party: 545Washington Boulevard (11/1/21 to 12/31/21) (See exhibit 35.4)

 

35.18Wells Fargo Bank, National Association, asCustodian under the BANK 2019-BNK24 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: 1412 Broadway (1/1/21 to12/31/21) (See exhibit 35.3)

 

35.19Computershare Trust Company, National Association,as Servicing Function Participant under the BANK 2019-BNK24 securitization,pursuant to which the following mortgage loans were serviced by such party:1412 Broadway (11/1/21 to 12/31/21) (See exhibit 35.4)

 

35.20Wells Fargo Bank, National Association, asCustodian under the Hudson Yards 2019-55HY securitization, pursuant to whichthe following mortgage loans were serviced by such party: 55 Hudson Yards(1/1/21 to 12/31/21) (See exhibit 35.3)

 

35.21Computershare Trust Company, National Association,as Servicing Function Participant under the Hudson Yards 2019-55HYsecuritization, pursuant to which the following mortgage loans were serviced bysuch party: 55 Hudson Yards (11/1/21 to 12/31/21) (See exhibit 35.4)

 

35.22Wells Fargo Bank, National Association, asCustodian under the CSAIL 2020-C19 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Sol y Luna (1/1/21 to12/31/21) (See exhibit 35.3)

 

35.23Computershare Trust Company, National Association,as Servicing Function Participant under the CSAIL 2020-C19 securitization,pursuant to which the following mortgage loans were serviced by such party: Soly Luna (11/1/21 to 12/31/21) (See exhibit 35.4)

 

(99.1) Mortgage Loan PurchaseAgreement, dated February7, 2020, between Morgan Stanley Capital I Inc. and Morgan Stanley MortgageCapital Holdings LLC (filed as Exhibit 99.1 to the registrant's Current Reporton Form 8-K filed on February 20, 2020 under SEC File No. 333-227446-09 andincorporated by reference herein).

 

(99.2) Mortgage Loan PurchaseAgreement, dated February7, 2020, between Morgan Stanley Capital I Inc. and Argentic Real Estate FinanceLLC (filed as Exhibit 99.2 to the registrant's Current Report on Form 8-K filedon February 20, 2020 under SEC File No. 333-227446-09 and incorporated byreference herein).

 

(99.3) Mortgage Loan PurchaseAgreement, dated February7, 2020, between Morgan Stanley Capital I Inc. and Starwood Mortgage CapitalLLC (filed as Exhibit 99.3 to the registrant's Current Report on Form 8-K filedon February 20, 2020 under SEC File No. 333-227446-09 and incorporated byreference herein).

 

(99.4) Mortgage Loan PurchaseAgreement, dated February7, 2020, between Morgan Stanley Capital I Inc. and Cantor Commercial RealEstate Lending, L.P. (filed as Exhibit 99.4 to the registrant's Current Reporton Form 8-K filed on February 20, 2020 under SEC File No. 333-227446-09 andincorporated by reference herein).

 

(99.5) Agreement Between NoteHolders, dated as ofDecember 9, 2019, by and between Morgan Stanley Bank, N.A., as initial noteA-1-S1 holder, initial note A-1-S2 holder, initial note A-1-RL holder, initialnote A-1-C1 holder, initial note A-1-C2 holder, initial note A-1-C3 holder,initial note A-1-C4 holder, initial note A-1-C5 holder, initial note B-1-Sholder, initial note B-1-RL holder and initial note C-1-S holder, Citi RealEstate Funding Inc., as initial note A-2-S1 holder, initial note A-2-S2 holder,initial note A-2-RL holder, initial note A-2-C1 holder, initial note A-2-C2 holder,initial note A-2-C3 holder, initial note A-2-C4 holder, initial note A-2-C5holder, initial note B-2-S holder, initial note B-2-RL holder and initial noteC-2-S holder, and JPMorgan Chase Bank, National Association, as initial noteA-3-S1 holder, initial note A-3-S2 holder, initial note A-3-RL holder, initialnote A-3-C1 holder, initial note A-3-C2 holder, initial note A-3-C3 holder,initial note A-3-C4 holder, initial note A-3-C5 holder, initial note B-3-Sholder, initial note B-3-RL holder and initial note C-3-S holder, relating tothe Bellagio Hotel and Casino loan combination (filed as Exhibit 99.5 to theregistrant's Current Report on Form 8-K filed on February 20, 2020 under SECFile No. 333-227446-09 and incorporated by reference herein).

 

(99.6) Agreement BetweenNote Holders, dated as ofJanuary 23, 2020, by and between Morgan Stanley Bank, N.A., as initial note A-1holder, Morgan Stanley Bank, N.A., as initial note A-2 holder, Morgan StanleyBank, N.A., as initial note A-3 holder, Barclays Capital Real Estate Inc., asinitial note A-4 holder, and Morgan Stanley Mortgage Capital Holdings LLC, asinitial agent, relating to the 545 Washington Boulevard loan combination (filedas Exhibit 99.6 to the registrant's Current Report on Form 8-K filed onFebruary 20, 2020 under SEC File No. 333-227446-09 and incorporated byreference herein).

 

(99.7) Agreement BetweenNote Holders, dated as ofNovember 21, 2019, by and between Argentic Real Estate Finance LLC, as initialnote A-1 holder, Argentic Real Estate Finance LLC, as initial note A-2 holder,Argentic Real Estate Finance LLC, as initial note A-3 holder, and Argentic RealEstate Finance LLC, as initial note A-4 holder, relating to the Royal PalmPlace loan combination (filed as Exhibit 99.7 to the registrant's CurrentReport on Form 8-K filed on February 20, 2020 under SEC File No. 333-227446-09and incorporated by reference herein).

 

(99.8) Agreement BetweenNoteholders, dated as of February20, 2020, by and among Cantor Commercial Real Estate Lending, L.P., as initialnote A-1 holder, Cantor Commercial Real Estate Lending, L.P., as initial noteA-2 holder, Cantor Commercial Real Estate Lending, L.P., as initial note A-3holder, Cantor Commercial Real Estate Lending, L.P., as initial note A-4holder, and Cantor Commercial Real Estate Lending, L.P., as initial note A-5holder, relating to the AVR Atlanta Airport Marriott Gateway loan combination(filed as Exhibit 99.8 to the registrant's Current Report on Form 8-K filed onFebruary 20, 2020 under SEC File No. 333-227446-09 and incorporated byreference herein).

 

(99.9) Agreement Between NoteHolders, dated as ofDecember 19, 2019, by and between Morgan Stanley Bank, N.A., as initial noteA-1 holder, Morgan Stanley Bank, N.A., as initial note A-2 holder, MorganStanley Bank, N.A., as initial note A-3 holder, and Morgan Stanley Mortgage CapitalHoldings LLC, as initial agent, relating to the 1412 Broadway loan combination(filed as Exhibit 99.9 to the registrant's Current Report on Form 8-K filed onFebruary 20, 2020 under SEC File No. 333-227446-09 and incorporated byreference herein).

 

(99.10) Co-LenderAgreement, dated as of November 21,2019, by and between Wells Fargo Bank, National Association, as initial note Aholder, DBR Investments Co. Limited, as initial note A holder, Morgan StanleyBank, National Association, as initial note A holder, Wells Fargo Bank,National Association, as initial note B-1 holder, DBR Investments Co. Limited,as initial note B-2 holder, and Morgan Stanley Bank, National Association, asinitial note B-3 holder, relating to the 55 Hudson Yards loan combination(filed as Exhibit 99.10 to the registrant's Current Report on Form 8-K filed onFebruary 20, 2020 under SEC File No. 333-227446-09 and incorporated byreference herein).

 

(99.11) Agreement BetweenNoteholders, dated as of January3, 2020, by and among Grass River Real Estate Credit Partners Loan Funding,LLC, as initial note A-1, A-2, A-3, A-4, A-5 and A-6 holder, and CantorCommercial Real Estate Lending, L.P., as initial note B holder, relating to theSol y Luna loan combination (filed as Exhibit 99.11 to the registrant's CurrentReport on Form 8-K filed on February 20, 2020 under SEC File No. 333-227446-09and incorporated by reference herein).

 

(99.12) Co-Lender Agreement,dated as of January 24,2020, by and between Starwood Mortgage Capital LLC, as initial note A-1 holder,and Starwood Mortgage Capital LLC, as initial note A-2 holder, relating to theMcCarthy Ranch loan combination (filed as Exhibit 99.12 to the registrant'sCurrent Report on Form 8-K filed on February 20, 2020 under SEC File No.333-227446-09 and incorporated by reference herein).

 

(99.13) Co-LenderAgreement, dated as of October 25,2019, by and among Starwood Mortgage Capital LLC, as initial note A-1 holder,Starwood Mortgage Capital LLC, as initial note A-2 holder, and Starwood MortgageCapital LLC, as initial note A-3 holder, relating to the Alrig Portfolio loancombination (filed as Exhibit 99.13 to the registrant's Current Report on Form8-K filed on February 20, 2020 under SEC File No. 333-227446-09 andincorporated by reference herein).

 

(99.14) Agreement BetweenNoteholders, dated as ofFebruary 20, 2020, by and among Cantor Commercial Real Estate Lending, L.P., asinitial note A-1 holder, and Cantor Commercial Real Estate Lending, L.P., asinitial note A-2 holder, relating to the Jewelry Building loan combination(filed as Exhibit 99.14 to the registrant's Current Report on Form 8-K filed onFebruary 20, 2020 under SEC File No. 333-227446-09 and incorporated byreference herein).

 

(99.15)SecondAmended and Restated Servicing Agreement, effective as of October 31, 2021,between Wells Fargo Bank, N.A., Wells Fargo Delaware Trust Company, N.A.,Computershare Trust Company, N.A., Computershare Delaware Trust Company andComputershare Limited (filed as Exhibit 99.1 to the registrant's Current Reporton Form 8-K filed on November 5, 2021 under SEC File No. 333-227446-09 andincorporated by reference herein).

 

(b)See (a) above.

 

(c) NotApplicable.

** **

**SIGNATURES**

 

Pursuantto the requirements of Section 13 or 15(d) of the Securities Exchange Act of1934, the registrant has duly caused this report to be signed on its behalf bythe undersigned, thereunto duly authorized.

 

MorganStanley Capital I Inc.

(Depositor)

 

By:/s/ Jane Lam

JaneLam, President

(seniorofficer in charge of securitization of the depositor)

 

Date: March 30, 2022