EX-31 Rule13a-14(d)/15d-14(d) Certifications.

 

 

I, Charles Y. Lee,certify that:

 

1. I have reviewedthis report on Form 10-K and all reports on Form 10-D required to be filed inrespect of the period covered by this report on Form 10-K of the CSAIL 2016-C5Commercial Mortgage Trust (the "Exchange Act periodic reports");

 

2. Based on myknowledge, the Exchange Act periodic reports, taken as a whole, do not containany untrue statement of a material fact or omit to state a material factnecessary to make the statements made, in light of the circumstances underwhich such statements were made, not misleading with respect to the periodcovered by this report;

 

3. Based on myknowledge, all of the distribution, servicing and other information required tobe provided under Form 10-D for the period covered by this report is includedin the Exchange Act periodic reports;

 

4. Based on myknowledge and the servicer compliance statements required in this report underItem 1123 of Regulation AB, and except as disclosed in the Exchange Actperiodic reports, the servicers have fulfilled their obligations under theservicing agreements in all material respects; and

 

5. All of the reportson assessment of compliance with servicing criteria for asset-backed securitiesand their related attestation reports on assessment of compliance withservicing criteria for asset-backed securities required to be included in thisreport in accordance with Item 1122 of Regulation AB and Exchange Act Rules13a-18 and 15d-18 have been included as an exhibit to

this report, exceptas otherwise disclosed in this report. Any material instances of noncompliancedescribed in such reports have been disclosed in this report on Form 10-K.

 

In giving thecertifications above, I have reasonably relied on information provided to me bythe following unaffiliated parties:

 

KeyBank NationalAssociation, as Master Servicer, Rialto Capital Advisors, LLC, as SpecialServicer, Wells Fargo Bank, National Association, as Trustee and CertificateAdministrator, Wells Fargo Bank, National Association, as Custodian, PentalphaSurveillance LLC, as Operating Advisor, Midland Loan Services, a Division ofPNC Bank, National Association, as Primary Servicer for the Starwood CapitalExtended Stay Portfolio Mortgage Loan, Rialto Capital Advisors, LLC, as SpecialServicer for the Starwood Capital Extended Stay Portfolio Mortgage Loan, WellsFargo Bank, National Association, as Trustee and Certificate Administrator forthe Starwood Capital Extended Stay Portfolio Mortgage Loan, Wells Fargo Bank,National Association, as Custodian for the Starwood Capital Extended StayPortfolio Mortgage Loan, Pentalpha Surveillance LLC, as Operating Advisor forthe Starwood Capital Extended Stay Portfolio Mortgage Loan, Wells Fargo Bank,National Association, as Primary Servicer for the Sheraton Lincoln Harbor HotelMortgage Loan, Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Special Servicer for the Sheraton Lincoln Harbor Hotel MortgageLoan, Wilmington Trust, National Association, as Trustee for the SheratonLincoln Harbor Hotel Mortgage Loan, Wells Fargo Bank, National Association, asCertificate Administrator for the Sheraton Lincoln Harbor Hotel Mortgage Loan,Wells Fargo Bank, National Association, as Custodian for the Sheraton LincolnHarbor Hotel Mortgage Loan, Trimont Real Estate Advisors, LLC, as Trust Advisorfor the Sheraton Lincoln Harbor Hotel Mortgage Loan, CoreLogic Commercial RealEstate Services, Inc., as Servicing Function Participant for the SheratonLincoln Harbor Hotel Mortgage Loan, National Tax Search, LLC, as ServicingFunction Participant for the Sheraton Lincoln Harbor Hotel Mortgage Loan,KeyBank National Association, as Primary Servicer for the GLP IndustrialPortfolio A Mortgage Loan, AEGON USA Realty Advisors, LLC, as Special Servicerfor the GLP Industrial Portfolio A Mortgage Loan, Wells Fargo Bank, NationalAssociation, as Trustee and Certificate Administrator for the GLP IndustrialPortfolio A Mortgage Loan, and Wells Fargo Bank, National Association, asCustodian for the GLP Industrial Portfolio A Mortgage Loan.

 

 

 

Dated: March 21, 2018

 

 

/s/ Charles Y. Lee

 

 

President and ChiefExecutive Officer

(seniorofficer in charge of securitization of the depositor)