**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, 2023OR**

**//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 KeyNumber of 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 Computershare Trust Company, National Association,as agent for**

**Wells Fargo Bank, National Association**

**9062 Old Annapolis Road**

** Columbia, MD**

**(Address of principal executive offices)**

 

**21045**

**(Zip Code)**

 

**Telephone number, including area code:**

**(667) 786‐1992**

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.

 

If securities are registered pursuant to Section 12(b)of the Act, indicate by check mark whether the financial statements of the

registrantincluded in the filing reflect the correction of an error to previously issuedfinancial statements.

 

Not applicable.

 

Indicateby check mark whether any of those error corrections are restatements that requireda recovery analysis of incentive-based compensation received by any of theregistrant’s executive officers during the relevant recovery period pursuant to§240.10D-1(b).

 

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 by non-affiliatescomputed by reference to the price at which the common equity was last sold, orthe average bid and asked price of such common equity, as of the last businessday of the registrant's most recently completed second fiscal quarter.

 

  Notapplicable.

 

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

 

  Notapplicable.

 

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

 

  Notapplicable.

 

DOCUMENTSINCORPORATED BY REFERENCE

 

Listhereunder the following documents if incorporated by reference and the Part ofthe Form 10-K (e.g., Part I, Part II, etc.) into which the document 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 as Exhibit4.3;

 

  • 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 y Luna 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 the interestsof senior certificateholders in the transaction governed by such pooling andservicing agreement and is responsible for monitoring the performance of thespecial servicer under such pooling and servicing agreement and producingcertain reports to certificateholders relating to the resolution of themortgage pool securitized pursuant to such pooling and servicingagreement.  The operating advisor under a pooling and servicing agreementdoes not have any obligations with respect to any other transaction and issolely obligated to perform loan reporting functions with respect to thesecuritization governed by such pooling and servicing agreement. Consequently, the operating advisor under an Outside Pooling and ServicingAgreement neither participates in the servicing function for purposes of Item1122 of Regulation AB nor performs the functions of a servicer for purposes ofthe definition of “servicer” under Item 1101 of Regulation AB or for purposesof Item 1123 of Regulation AB.  In addition, while the operating advisorunder a pooling and servicing agreement has certain reporting obligations inrespect of the related mortgage pool, it has no obligation to collect ordisburse funds in respect of the mortgage pool or to administer any of theunderlying mortgage loans.  Consequently, the operating advisor under apooling and servicing agreement participates in the servicing function forpurposes of Item 1122 of Regulation AB, but is not responsible for the“management or collection of the pool assets or making allocations ordistributions to holders of the asset-backed securities” within the meaning of“servicer” under Item 1101 of Regulation AB and does not perform the functionsof a servicer for purposes of Item 1123 of Regulation AB. 

 

•   The asset representations reviewer under 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 any mortgage loan included in the MSC 2020-L4mortgage pool and therefore in such capacity does not constitute a reporting“servicing function participant” for purposes of Item 1122 of Regulation AB, asspecified in the Instruction 3 to Item 1122, and does not constitute areporting “servicer” for purposes of Item 1123 of Regulation AB, as specifiedin the Instruction to Item 1123.

 

•   KeyBank NationalAssociation 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.

 

•  CWCapital Asset Management LLC is the current special servicer under the BANK2020-BNK25 pooling and servicing agreement, pursuant to which the 545Washington Boulevard mortgage loan is serviced. On December 1, 2022, KeyBankNational Association was replaced as special servicer under the BANK 2020-BNK25pooling and servicing agreement and was succeeded by CWCapital Asset ManagementLLC.

•  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.

 

•  BREF Partners Special Servicer LLC, as special servicer withrespect to the 805 Third Avenue mortgage loan under the CGCMT 2019-C7 poolingand servicing agreement, only has obligations in respect of the 805 ThirdAvenue mortgage loan securitized thereunder. On May 7, 2020, LNR Partners, LLCwas replaced as special servicer under the CGCMT 2019-C7 pooling and servicingagreement with respect to the 805 Third Avenue mortgage loan and was succeededby BREF Partners Special Servicer LLC. BREF Partners Special Servicer LLC, asspecial servicer with respect to the 805 Third Avenue mortgage loan under theCGCMT 2019-C7 pooling and servicing agreement, has no obligations with respectto any mortgage loan included in the MSC 2020-L4 mortgage pool and thereforesuch party in such capacity 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.

 

•  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 the current special servicer under the BANK 2019-BNK24pooling and servicing agreement, pursuant to which the 1412 Broadway mortgageloan is serviced. On July 13, 2021, Midland Loan Services, a Division of PNCBank, National Association was replaced as special servicer under the BANK2019-BNK24 pooling and servicing agreement and was succeeded by LNR Partners,LLC.

 

 In addition, each of the following partiesengaged the services of certain servicing function participants and sub-servicersfor 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 as a servicing function participant in respect of the545 Washington Boulevard mortgage 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 as a servicing function participant in respect of the 1412Broadway mortgage loan for the reporting 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 as aservicing function participant in respect of the 55 Hudson Yards mortgage loanfor 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 asa servicing function participant in respect of the Alrig Portfolio mortgageloan 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 and trustee,as applicable, under (i) the pooling and servicing agreement and (ii) eachOutside Pooling and Servicing Agreement.

 

 

 

| **PART I**   |                           |
|-------------------|--------------------------------|
|              |                           |
| **Item 1.**  | **Business.**                  |
|              | Omitted.                       |
| **Item 1A.** | **Risk Factors.**         |
|              | Omitted.                       |
| **Item 1B.** | **Unresolved Staff Comments.** |
|              | None.                          |
| **Item 1C.** | **Cybersecurity.**             |
|              | Omitted.                       |
| **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.**  | **[Reserved]**                                                                                                      |
| **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.                                                                                                               |
| **Item 9C.** | **Disclosure Regarding  Foreign Jurisdictions that Prevent Inspections.**                                           |
|              | 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, orother party 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 (Phoenix Light) and certain relatedentities filed a complaint in the United States District Court for the SouthernDistrict of New York alleging claims against Wells Fargo Bank, N.A., in itscapacity as trustee for a number of residential mortgage-backed securities(RMBS) trusts. Complaints raising similar allegations have been filed byCommerzbank AG in the Southern District of New York, IKB International and IKBDeutsche Industriebank (together, IKB) in New York state court, and Park RoyalI LLC and Park Royal II LLC in New York state court. In each case, theplaintiffs allege that Wells Fargo Bank, N.A., as trustee, caused losses toinvestors, and plaintiffs assert causes of action based upon, among otherthings, the trustee’s alleged failure to notify and enforce repurchaseobligations of mortgage loan sellers for purported breaches of representationsand warranties, notify investors of alleged events of default, and abide byappropriate standards of care following alleged events of default. In July2022, the district court dismissed Phoenix Light’s claims and certain of theclaims asserted by Commerzbank AG, and subsequently entered judgment in eachcase in favor of Wells Fargo Bank, N.A. In August 2022, Phoenix Light andCommerzbank AG each appealed the district court’s decision to the United StatesCourt of Appeals for the Second Circuit. Phoenix Light dismissed its appeal inMay 2023, terminating its case. In November 2023, Wells Fargo Bank, N.A.entered into an agreement with IKB to resolve IKB’s claims. Wells Fargo Bank,N.A. previously settled two class actions filed by institutional investors andan action filed by the National Credit Union Administration with similarallegations.

 

**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.  

 

**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)        Poolingand Servicing Agreement, dated as of February 1, 2020, between Morgan StanleyCapital I Inc., as depositor, Midland Loan Services, a Division of PNC Bank,National Association, as master servicer, LNR Partners, LLC, as specialservicer, Wells Fargo Bank, National Association, as certificate administratorand trustee, and Pentalpha Surveillance LLC, as operating advisor and as assetrepresentations reviewer (filed as Exhibit 4.1 to the registrant's CurrentReport on Form 8-K/A filed on August 6, 2020 under SEC File No. 333-227446-09and incorporated by reference herein).

 

(4.2)        Trust andServicing Agreement, dated as of December 1, 2019, between Morgan StanleyCapital I Inc., as depositor, KeyBank National Association, as servicer, SitusHoldings, LLC, as special servicer, Wells Fargo Bank, National Association, ascertificate administrator, custodian and trustee, and Park Bridge LenderServices LLC, as operating advisor, relating to the BX 2019-OC11 securitizationtransaction, pursuant to which the Bellagio Hotel and Casino Mortgage Loan isserviced (filed as Exhibit 4.2 to the registrant's Current Report on Form 8-Kfiled on February 20, 2020 under SEC File No. 333-227446-09 and incorporated byreference herein).

 

(4.3)        Poolingand Servicing Agreement, dated as of February 1, 2020, between Wells FargoCommercial Mortgage Securities, Inc., as depositor, Wells Fargo Bank, NationalAssociation, as general master servicer, KeyBank National Association, asgeneral special servicer, National Cooperative Bank, N.A., as NCB masterservicer and NCB special servicer, Wells Fargo Bank, National Association, ascertificate administrator, Wilmington Trust, National Association, as trustee,and Pentalpha Surveillance LLC, as operating advisor and as assetrepresentations reviewer, relating to the BANK 2020-BNK25 securitizationtransaction, pursuant to which the 545 Washington Boulevard Mortgage Loan isserviced (filed as Exhibit 4.3 to the registrant's Current Report on Form 8-Kfiled on February 20, 2020 under SEC File No. 333-227446-09 and incorporated byreference herein).

 

(4.4)        Pooling andServicing Agreement, dated as of December 1, 2019, between Banc of AmericaMerrill Lynch Commercial Mortgage Inc., as depositor, Wells Fargo Bank,National Association, as general master servicer, Midland Loan Services, aDivision of PNC Bank, National Association, as general special servicer,National Cooperative Bank, N.A., as NCB master servicer and NCB specialservicer, Wells Fargo Bank, National Association, as certificate administrator,Wilmington Trust, National Association, as trustee, and Park Bridge LenderServices LLC, as operating advisor and as asset representations reviewer,relating to the BANK 2019-BNK24 securitization transaction, pursuant to whichthe 1412 Broadway Mortgage Loan is serviced (filed as Exhibit 4.4 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).

 

(4.5)        Trust andServicing Agreement, dated as of December 6, 2019, between Wells FargoCommercial Mortgage Securities, Inc., as depositor, Wells Fargo Bank, NationalAssociation, as master servicer, CWCapital Asset Management LLC, as specialservicer, Wilmington Trust, National Association, as trustee, and Wells FargoBank, National Association, as certificate administrator, paying agent andcustodian, relating to the HY 2019-55HY securitization transaction, pursuant towhich the 55 Hudson Yards Mortgage Loan is serviced (filed as Exhibit 4.5 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).

 

(4.6)        Pooling andServicing Agreement, dated as of December 1, 2019, between Citigroup CommercialMortgage Securities Inc., as depositor, Wells Fargo Bank, National Association,as master servicer, LNR Partners, LLC, as a special servicer, Wilmington Trust,National Association, as trustee, Citibank, N.A., as certificate administrator,and Pentalpha Surveillance LLC, as operating advisor and asset representationsreviewer, relating to the CGCMT 2019-C7 securitization transaction, pursuant towhich the Alrig Portfolio Mortgage Loan is serviced (filed as Exhibit 4.6 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).

 

(4.7)        Pooling andServicing Agreement, dated as of March 1, 2020, between Credit Suisse CommercialMortgage Securities Corp., as depositor, Midland Loan Services, a Division ofPNC Bank, National Association, as master servicer, 3650 REIT Loan ServicingLLC, as special servicer, Park Bridge Lender Services LLC, as operating advisorand as asset representations reviewer, and Wells Fargo Bank, NationalAssociation, as certificate administrator and trustee, relating to the CSAIL2020-C19 securitization transaction, pursuant to which the Sol y Luna MortgageLoan is serviced (filed as Exhibit 4.7 to the registrant's Current Report onForm 8-K/A filed on April 13, 2020 under SEC File No. 333-227446-09 andincorporated by reference herein).

 

(31)        Rule13a-14(d)/15d-14(d) Certification.

 

(33)        Reports on assessment of compliance withservicing criteria for asset-backed securities.

 

33.1        Wells Fargo Bank, National Association, asCertificate Administrator

 

33.2        Computershare Trust Company, National Association,as Servicing Function Participant for the Certificate Administrator

 

33.3        WellsFargo Bank, National Association, as Custodian

 

33.4        Computershare Trust Company, National Association,as Servicing Function Participant for the Custodian

 

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

 

33.6        ArgenticServices Company LP, as Special Servicer

 

33.7        PentalphaSurveillance LLC, as Operating Advisor

 

33.8        KeyBankNational Association, as Master Servicer under the BX 2019-OC11 securitization,pursuant to which the following mortgage loans were serviced by such party:Bellagio Hotel and Casino (from 1/1/23 to 12/31/23)

 

33.9        WellsFargo Bank, National Association, as Master Servicer under the BANK 2020-BNK25securitization, pursuant to which the following mortgage loans were serviced bysuch party: 545 Washington Boulevard (from 1/1/23 to 12/31/23)

 

33.10      CoreLogicSolutions, LLC, as Servicing Function Participant under the BANK 2020-BNK25securitization, pursuant to which the following mortgage loans were serviced bysuch party: 545 Washington Boulevard (from 1/1/23 to 12/31/23)

 

33.11      Wells Fargo Bank,National Association, as Master Servicer under the BANK 2019-BNK24securitization, pursuant to which the following mortgage loans were serviced bysuch party: 1412 Broadway (from 1/1/23 to 12/31/23) (See exhibit 33.9)

 

33.12      CoreLogicSolutions, LLC, as Servicing Function Participant under the BANK 2019-BNK24securitization, pursuant to which the following mortgage loans were serviced bysuch party: 1412 Broadway (from 1/1/23 to 12/31/23) (See exhibit 33.10)

 

33.13      Wells Fargo Bank,National Association, as Master Servicer under the Hudson Yards 2019-55HYsecuritization, pursuant to which the following mortgage loans were serviced bysuch party: 55 Hudson Yards (from 1/1/23 to 12/31/23) (See exhibit 33.9)

 

33.14      CoreLogicSolutions, LLC, as Servicing Function Participant under the Hudson Yards2019-55HY securitization, pursuant to which the following mortgage loans wereserviced by such party: 55 Hudson Yards (from 1/1/23 to 12/31/23) (See exhibit33.10)

 

33.15      Midland LoanServices, a Division of PNC Bank, National Association, as Master Servicerunder the CSAIL 2020-C19 securitization, pursuant to which the followingmortgage loans were serviced by such party: Sol y Luna (from 1/1/23 to12/31/23) (See exhibit 33.5)

 

33.16      Wells Fargo Bank,National Association, as Master Servicer under the CGCMT 2019-C7securitization, pursuant to which the following mortgage loans were serviced bysuch party: Alrig Portfolio (from 1/1/23 to 12/31/23) (See exhibit 33.9)

 

33.17      CoreLogicSolutions, LLC, as Servicing Function Participant under the CGCMT 2019-C7securitization, pursuant to which the following mortgage loans were serviced bysuch party: Alrig Portfolio (from 1/1/23 to 12/31/23) (See exhibit 33.10)

 

33.18      Situs Holdings,LLC, as Special Servicer under the BX 2019-OC11 securitization, pursuant towhich the following mortgage loans were serviced by such party: Bellagio Hoteland Casino (from 1/1/23 to 12/31/23)

 

33.19      CWCapital AssetManagement LLC, as Special Servicer under the BANK 2020-BNK25 securitization,pursuant to which the following mortgage loans were serviced by such party: 545Washington Boulevard (from 1/1/23 to 12/31/23)

 

33.20      LNR Partners, LLC,as Special Servicer under the BANK 2019-BNK24 securitization, pursuant to whichthe following mortgage loans were serviced by such party: 1412 Broadway (from1/1/23 to 12/31/23)

 

33.21      CWCapital AssetManagement LLC, as Special Servicer under the Hudson Yards 2019-55HYsecuritization, pursuant to which the following mortgage loans were serviced bysuch party: 55 Hudson Yards (from 1/1/23 to 12/31/23) (See exhibit 33.19)

 

33.22      LNR Partners, LLC,as Special Servicer under the CGCMT 2019-C7 securitization, pursuant to whichthe following mortgage loans were serviced by such party: Alrig Portfolio (from1/1/23 to 12/31/23) (See exhibit 33.20)

 

33.23      Wells Fargo Bank,National Association, as Custodian under the BX 2019-OC11 securitization,pursuant to which the following mortgage loans were serviced by such party:Bellagio Hotel and Casino (from 1/1/23 to 12/31/23) (See exhibit 33.3)

 

33.24      Computershare TrustCompany, National Association, as Servicing Function Participant under the BX2019-OC11 securitization, pursuant to which the following mortgage loans wereserviced by such party: Bellagio Hotel and Casino (from 1/1/23 to 12/31/23)(See exhibit 33.4)

 

33.25      Wells Fargo Bank,National Association, as Custodian under the BANK 2020-BNK25 securitization,pursuant to which the following mortgage loans were serviced by such party: 545Washington Boulevard (from 1/1/23 to 12/31/23) (See exhibit 33.3)

 

33.26      Computershare TrustCompany, National Association, as Servicing Function Participant under the BANK2020-BNK25 securitization, pursuant to which the following mortgage loans wereserviced by such party: 545 Washington Boulevard (from 1/1/23 to 12/31/23) (Seeexhibit 33.4)

 

33.27      Wells Fargo Bank,National Association, as Custodian under the BANK 2019-BNK24 securitization,pursuant to which the following mortgage loans were serviced by such party:1412 Broadway (from 1/1/23 to 12/31/23) (See exhibit 33.3)

 

33.28      Computershare TrustCompany, National Association, as Servicing Function Participant under the BANK2019-BNK24 securitization, pursuant to which the following mortgage loans wereserviced by such party: 1412 Broadway (from 1/1/23 to 12/31/23) (See exhibit33.4)

 

33.29      Wells Fargo Bank,National Association, as Custodian under the Hudson Yards 2019-55HYsecuritization, pursuant to which the following mortgage loans were serviced bysuch party: 55 Hudson Yards (from 1/1/23 to 12/31/23) (See exhibit 33.3)

 

33.30      Computershare TrustCompany, National Association, as Servicing Function Participant under theHudson Yards 2019-55HY securitization, pursuant to which the following mortgageloans were serviced by such party: 55 Hudson Yards (from 1/1/23 to 12/31/23)(See exhibit 33.4)

 

33.31      Wells Fargo Bank,National Association, as Custodian under the CSAIL 2020-C19 securitization,pursuant to which the following mortgage loans were serviced by such party: Soly Luna (from 1/1/23 to 12/31/23) (See exhibit 33.3)

 

33.32      Computershare TrustCompany, National Association, as Servicing Function Participant under theCSAIL 2020-C19 securitization, pursuant to which the following mortgage loanswere serviced by such party: Sol y Luna (from 1/1/23 to 12/31/23) (See exhibit33.4)

 

(34).       Attestation reports on assessment ofcompliance with servicing criteria for asset-backed securities.

 

34.1        Wells Fargo Bank, National Association, asCertificate Administrator

 

34.2        Computershare Trust Company, National Association,as Servicing Function Participant for the Certificate Administrator

 

34.3        WellsFargo Bank, National Association, as Custodian

 

34.4        Computershare Trust Company, National Association,as Servicing Function Participant for the Custodian

 

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

 

34.6        ArgenticServices Company LP, as Special Servicer

 

34.7        PentalphaSurveillance LLC, as Operating Advisor

 

34.8        KeyBankNational Association, as Master Servicer under the BX 2019-OC11 securitization,pursuant to which the following mortgage loans were serviced by such party:Bellagio Hotel and Casino (from 1/1/23 to 12/31/23)

 

34.9        WellsFargo Bank, National Association, as Master Servicer under the BANK 2020-BNK25securitization, pursuant to which the following mortgage loans were serviced bysuch party: 545 Washington Boulevard (from 1/1/23 to 12/31/23)

 

34.10      CoreLogicSolutions, LLC, as Servicing Function Participant under the BANK 2020-BNK25securitization, pursuant to which the following mortgage loans were serviced bysuch party: 545 Washington Boulevard (from 1/1/23 to 12/31/23)

 

34.11      Wells Fargo Bank,National Association, as Master Servicer under the BANK 2019-BNK24securitization, pursuant to which the following mortgage loans were serviced bysuch party: 1412 Broadway (from 1/1/23 to 12/31/23) (See exhibit 34.9)

 

34.12      CoreLogicSolutions, LLC, as Servicing Function Participant under the BANK 2019-BNK24securitization, pursuant to which the following mortgage loans were serviced bysuch party: 1412 Broadway (from 1/1/23 to 12/31/23) (See exhibit 34.10)

 

34.13      Wells Fargo Bank,National Association, as Master Servicer under the Hudson Yards 2019-55HYsecuritization, pursuant to which the following mortgage loans were serviced bysuch party: 55 Hudson Yards (from 1/1/23 to 12/31/23) (See exhibit 34.9)

 

34.14      CoreLogicSolutions, LLC, as Servicing Function Participant under the Hudson Yards2019-55HY securitization, pursuant to which the following mortgage loans wereserviced by such party: 55 Hudson Yards (from 1/1/23 to 12/31/23) (See exhibit34.10)

 

34.15      Midland LoanServices, a Division of PNC Bank, National Association, as Master Servicerunder the CSAIL 2020-C19 securitization, pursuant to which the followingmortgage loans were serviced by such party: Sol y Luna (from 1/1/23 to12/31/23) (See exhibit 34.5)

 

34.16      Wells Fargo Bank,National Association, as Master Servicer under the CGCMT 2019-C7securitization, pursuant to which the following mortgage loans were serviced bysuch party: Alrig Portfolio (from 1/1/23 to 12/31/23) (See exhibit 34.9)

 

34.17      CoreLogicSolutions, LLC, as Servicing Function Participant under the CGCMT 2019-C7securitization, pursuant to which the following mortgage loans were serviced bysuch party: Alrig Portfolio (from 1/1/23 to 12/31/23) (See exhibit 34.10)

 

34.18      Situs Holdings,LLC, as Special Servicer under the BX 2019-OC11 securitization, pursuant towhich the following mortgage loans were serviced by such party: Bellagio Hoteland Casino (from 1/1/23 to 12/31/23)

 

34.19      CWCapital AssetManagement LLC, as Special Servicer under the BANK 2020-BNK25 securitization,pursuant to which the following mortgage loans were serviced by such party: 545Washington Boulevard (from 1/1/23 to 12/31/23)

 

34.20      LNR Partners, LLC,as Special Servicer under the BANK 2019-BNK24 securitization, pursuant to whichthe following mortgage loans were serviced by such party: 1412 Broadway (from1/1/23 to 12/31/23)

 

34.21      CWCapital AssetManagement LLC, as Special Servicer under the Hudson Yards 2019-55HYsecuritization, pursuant to which the following mortgage loans were serviced bysuch party: 55 Hudson Yards (from 1/1/23 to 12/31/23) (See exhibit 34.19)

 

34.22      LNR Partners, LLC,as Special Servicer under the CGCMT 2019-C7 securitization, pursuant to whichthe following mortgage loans were serviced by such party: Alrig Portfolio (from1/1/23 to 12/31/23) (See exhibit 34.20)

 

34.23      Wells Fargo Bank,National Association, as Custodian under the BX 2019-OC11 securitization,pursuant to which the following mortgage loans were serviced by such party:Bellagio Hotel and Casino (from 1/1/23 to 12/31/23) (See exhibit 34.3)

 

34.24      Computershare TrustCompany, National Association, as Servicing Function Participant under the BX2019-OC11 securitization, pursuant to which the following mortgage loans wereserviced by such party: Bellagio Hotel and Casino (from 1/1/23 to 12/31/23)(See exhibit 34.4)

 

34.25      Wells Fargo Bank,National Association, as Custodian under the BANK 2020-BNK25 securitization,pursuant to which the following mortgage loans were serviced by such party: 545Washington Boulevard (from 1/1/23 to 12/31/23) (See exhibit 34.3)

 

34.26      Computershare TrustCompany, National Association, as Servicing Function Participant under the BANK2020-BNK25 securitization, pursuant to which the following mortgage loans wereserviced by such party: 545 Washington Boulevard (from 1/1/23 to 12/31/23) (Seeexhibit 34.4)

 

34.27      Wells Fargo Bank,National Association, as Custodian under the BANK 2019-BNK24 securitization,pursuant to which the following mortgage loans were serviced by such party:1412 Broadway (from 1/1/23 to 12/31/23) (See exhibit 34.3)

 

34.28      Computershare TrustCompany, National Association, as Servicing Function Participant under the BANK2019-BNK24 securitization, pursuant to which the following mortgage loans wereserviced by such party: 1412 Broadway (from 1/1/23 to 12/31/23) (See exhibit 34.4)

 

34.29      Wells Fargo Bank,National Association, as Custodian under the Hudson Yards 2019-55HYsecuritization, pursuant to which the following mortgage loans were serviced bysuch party: 55 Hudson Yards (from 1/1/23 to 12/31/23) (See exhibit 34.3)

 

34.30      Computershare TrustCompany, National Association, as Servicing Function Participant under theHudson Yards 2019-55HY securitization, pursuant to which the following mortgageloans were serviced by such party: 55 Hudson Yards (from 1/1/23 to 12/31/23)(See exhibit 34.4)

 

34.31      Wells Fargo Bank,National Association, as Custodian under the CSAIL 2020-C19 securitization,pursuant to which the following mortgage loans were serviced by such party: Soly Luna (from 1/1/23 to 12/31/23) (See exhibit 34.3)

 

34.32      Computershare TrustCompany, National Association, as Servicing Function Participant under theCSAIL 2020-C19 securitization, pursuant to which the following mortgage loanswere serviced by such party: Sol y Luna (from 1/1/23 to 12/31/23) (See exhibit34.4)

 

(35).       Servicercompliance statement.

 

35.1        Wells Fargo Bank, National Association, asCertificate Administrator

 

35.2        Computershare Trust Company, National Association,as Servicing Function Participant for the Certificate Administrator

 

35.3        WellsFargo Bank, National Association, as Custodian

 

35.4        Computershare Trust Company, National Association,as Servicing Function Participant for the Custodian

 

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

 

35.6        ArgenticServices Company LP, as Special Servicer

 

35.7        WellsFargo Bank, National Association, as Master Servicer under the BANK 2020-BNK25securitization, pursuant to which the following mortgage loans were serviced bysuch party: 545 Washington Boulevard (from 1/1/23 to 12/31/23)

 

35.8        Wells FargoBank, National Association, as Master Servicer under the BANK 2019-BNK24securitization, pursuant to which the following mortgage loans were serviced bysuch party: 1412 Broadway (from 1/1/23 to 12/31/23) (See exhibit 35.7)

 

35.9        WellsFargo Bank, National Association, as Master Servicer under the Hudson Yards2019-55HY securitization, pursuant to which the following mortgage loans wereserviced by such party: 55 Hudson Yards (from 1/1/23 to 12/31/23) (See exhibit35.7)

 

35.10      Midland LoanServices, a Division of PNC Bank, National Association, as Master Servicerunder the CSAIL 2020-C19 securitization, pursuant to which the followingmortgage loans were serviced by such party: Sol y Luna (from 1/1/23 to12/31/23) (See exhibit 35.5)

 

35.11      Wells Fargo Bank,National Association, as Master Servicer under the CGCMT 2019-C7securitization, pursuant to which the following mortgage loans were serviced bysuch party: Alrig Portfolio (from 1/1/23 to 12/31/23) (See exhibit 35.7)

 

35.12      CWCapital AssetManagement LLC, as Special Servicer under the BANK 2020-BNK25 securitization,pursuant to which the following mortgage loans were serviced by such party: 545Washington Boulevard (from 1/1/23 to 12/31/23)

 

35.13      LNR Partners, LLC,as Special Servicer under the BANK 2019-BNK24 securitization, pursuant to whichthe following mortgage loans were serviced by such party: 1412 Broadway (from1/1/23 to 12/31/23)

 

35.14      CWCapital AssetManagement LLC, as Special Servicer under the Hudson Yards 2019-55HY securitization,pursuant to which the following mortgage loans were serviced by such party: 55Hudson Yards (from 1/1/23 to 12/31/23) (See exhibit 35.12)

 

35.15      LNR Partners, LLC,as Special Servicer under the CGCMT 2019-C7 securitization, pursuant to whichthe following mortgage loans were serviced by such party: Alrig Portfolio (from1/1/23 to 12/31/23) (See exhibit 35.13)

 

35.16      Wells Fargo Bank,National Association, as Custodian under the BX 2019-OC11 securitization,pursuant to which the following mortgage loans were serviced by such party:Bellagio Hotel and Casino (from 1/1/23 to 12/31/23) (See exhibit 35.3)

 

35.17      Computershare TrustCompany, National Association, as Servicing Function Participant under the BX2019-OC11 securitization, pursuant to which the following mortgage loans wereserviced by such party: Bellagio Hotel and Casino (from 1/1/23 to 12/31/23)(See exhibit 35.4)

 

35.18      Wells Fargo Bank,National Association, as Custodian under the BANK 2020-BNK25 securitization,pursuant to which the following mortgage loans were serviced by such party: 545Washington Boulevard (from 1/1/23 to 12/31/23) (See exhibit 35.3)

 

35.19      Computershare TrustCompany, National Association, as Servicing Function Participant under the BANK2020-BNK25 securitization, pursuant to which the following mortgage loans wereserviced by such party: 545 Washington Boulevard (from 1/1/23 to 12/31/23) (Seeexhibit 35.4)

 

35.20      Wells Fargo Bank,National Association, as Custodian under the BANK 2019-BNK24 securitization,pursuant to which the following mortgage loans were serviced by such party:1412 Broadway (from 1/1/23 to 12/31/23) (See exhibit 35.3)

 

35.21      Computershare TrustCompany, National Association, as Servicing Function Participant under the BANK2019-BNK24 securitization, pursuant to which the following mortgage loans wereserviced by such party: 1412 Broadway (from 1/1/23 to 12/31/23) (See exhibit35.4)

 

35.22      Wells Fargo Bank,National Association, as Custodian under the Hudson Yards 2019-55HYsecuritization, pursuant to which the following mortgage loans were serviced bysuch party: 55 Hudson Yards (from 1/1/23 to 12/31/23) (See exhibit 35.3)

 

35.23      Computershare TrustCompany, National Association, as Servicing Function Participant under theHudson Yards 2019-55HY securitization, pursuant to which the following mortgageloans were serviced by such party: 55 Hudson Yards (from 1/1/23 to 12/31/23)(See exhibit 35.4)

 

35.24      Wells Fargo Bank,National Association, as Custodian under the CSAIL 2020-C19 securitization,pursuant to which the following mortgage loans were serviced by such party: Soly Luna (from 1/1/23 to 12/31/23) (See exhibit 35.3)

 

35.25      Computershare TrustCompany, National Association, as Servicing Function Participant under theCSAIL 2020-C19 securitization, pursuant to which the following mortgage loanswere serviced by such party: Sol y Luna (from 1/1/23 to 12/31/23) (See exhibit35.4)

 

(99.1)      Mortgage Loan PurchaseAgreement, dated February 7, 2020, between Morgan Stanley Capital I Inc. andMorgan Stanley Mortgage Capital Holdings LLC (filed as Exhibit 99.1 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).

 

(99.2)      Mortgage Loan PurchaseAgreement, dated February 7, 2020, between Morgan Stanley Capital I Inc. andArgentic Real Estate Finance LLC (filed as Exhibit 99.2 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).

 

(99.3)      Mortgage Loan PurchaseAgreement, dated February 7, 2020, between Morgan Stanley Capital I Inc. andStarwood Mortgage Capital LLC (filed as Exhibit 99.3 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).

 

(99.4)      Mortgage LoanPurchase Agreement, dated February 7, 2020, between Morgan Stanley Capital IInc. and Cantor Commercial Real Estate Lending, L.P. (filed as Exhibit 99.4 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).

 

(99.5)      Agreement BetweenNote Holders, dated as of December 9, 2019, by and between Morgan Stanley Bank,N.A., as initial note A-1-S1 holder, initial note A-1-S2 holder, initial noteA-1-RL holder, initial note A-1-C1 holder, initial note A-1-C2 holder, initialnote A-1-C3 holder, initial note A-1-C4 holder, initial note A-1-C5 holder,initial note B-1-S holder, initial note B-1-RL holder and initial note C-1-Sholder, Citi Real Estate Funding Inc., as initial note A-2-S1 holder, initialnote 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-C4holder, initial note A-2-C5 holder, initial note B-2-S holder, initial noteB-2-RL holder and initial note C-2-S holder, and JPMorgan Chase Bank, NationalAssociation, as initial note A-3-S1 holder, initial note A-3-S2 holder, initialnote A-3-RL holder, initial note 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-C5holder, initial note B-3-S holder, initial note B-3-RL holder and initial noteC-3-S holder, relating to the Bellagio Hotel and Casino loan combination (filedas Exhibit 99.5 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).

 

(99.6)      Agreement Between NoteHolders, dated as of January 23, 2020, by and between Morgan Stanley Bank, N.A.,as initial note A-1 holder, Morgan Stanley Bank, N.A., as initial note A-2holder, Morgan Stanley Bank, N.A., as initial note A-3 holder, Barclays CapitalReal Estate Inc., as initial note A-4 holder, and Morgan Stanley MortgageCapital Holdings LLC, as initial agent, relating to the 545 WashingtonBoulevard loan combination (filed as Exhibit 99.6 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).

 

(99.7)      Agreement Between NoteHolders, dated as of November 21, 2019, by and between Argentic Real EstateFinance LLC, as initial note A-1 holder, Argentic Real Estate Finance LLC, asinitial note A-2 holder, Argentic Real Estate Finance LLC, as initial note A-3holder, and Argentic Real Estate Finance LLC, as initial note A-4 holder,relating to the Royal Palm Place loan combination (filed as Exhibit 99.7 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).

 

(99.8)      Agreement BetweenNoteholders, dated as of February 20, 2020, by and among Cantor Commercial RealEstate Lending, L.P., as initial note A-1 holder, Cantor Commercial Real EstateLending, L.P., as initial note A-2 holder, Cantor Commercial Real EstateLending, L.P., as initial note A-3 holder, Cantor Commercial Real EstateLending, L.P., as initial note A-4 holder, and Cantor Commercial Real EstateLending, L.P., as initial note A-5 holder, relating to the AVR Atlanta AirportMarriott Gateway loan combination (filed as Exhibit 99.8 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).

 

(99.9)      Agreement Between NoteHolders, dated as of December 19, 2019, by and between Morgan Stanley Bank,N.A., as initial note A-1 holder, Morgan Stanley Bank, N.A., as initial noteA-2 holder, Morgan Stanley Bank, N.A., as initial note A-3 holder, and MorganStanley Mortgage Capital Holdings LLC, as initial agent, relating to the 1412Broadway loan combination (filed as Exhibit 99.9 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).

 

(99.10)    Co-Lender Agreement, dated as ofNovember 21, 2019, by and between Wells Fargo Bank, National Association, asinitial note A holder, DBR Investments Co. Limited, as initial note A holder,Morgan Stanley Bank, National Association, as initial note A holder, WellsFargo Bank, National Association, as initial note B-1 holder, DBR InvestmentsCo. Limited, as initial note B-2 holder, and Morgan Stanley Bank, NationalAssociation, as initial note B-3 holder, relating to the 55 Hudson Yards loancombination (filed as Exhibit 99.10 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).

 

(99.11)    Agreement Between Noteholders,dated as of January 3, 2020, by and among Grass River Real Estate CreditPartners Loan Funding, LLC, as initial note A-1, A-2, A-3, A-4, A-5 and A-6holder, and Cantor Commercial Real Estate Lending, L.P., as initial note Bholder, relating to the Sol y Luna loan combination (filed as Exhibit 99.11 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).

 

(99.12)    Co-Lender Agreement, dated as ofJanuary 24, 2020, by and between Starwood Mortgage Capital LLC, as initial noteA-1 holder, and Starwood Mortgage Capital LLC, as initial note A-2 holder,relating to the McCarthy Ranch loan combination (filed as Exhibit 99.12 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).

 

(99.13)    Co-Lender Agreement, dated as ofOctober 25, 2019, by and among Starwood Mortgage Capital LLC, as initial noteA-1 holder, Starwood Mortgage Capital LLC, as initial note A-2 holder, andStarwood Mortgage Capital LLC, as initial note A-3 holder, relating to theAlrig Portfolio loan combination (filed as Exhibit 99.13 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).

 

(99.14)    Agreement Between Noteholders,dated as of February 20, 2020, by and among Cantor Commercial Real Estate Lending,L.P., as initial note A-1 holder, and Cantor Commercial Real Estate Lending,L.P., as initial note A-2 holder, relating to the Jewelry Building loancombination (filed as Exhibit 99.14 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).

 

(99.15)    Second Amended and Restated Servicing Agreement,effective as of October 31, 2021, between Wells Fargo Bank, N.A., Wells FargoDelaware Trust Company, N.A., Computershare Trust Company, N.A., ComputershareDelaware Trust Company and Computershare Limited (filed as Exhibit 99.1 to the registrant'sCurrent Report on Form 8-K filed on November 5, 2021 under SEC File No.333-227446-09 and incorporated by reference herein).

 

(b)          See (a) above.

 

(c)           Not Applicable.

** **

**SIGNATURES**

 

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

 

MorganStanley Capital I Inc.

(Depositor)

 

By:/s/ Jane Lam

JaneLam, President

(seniorofficer in charge of securitization of the depositor)

 

Date: March 28, 2024