**UNITED STATESSECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-K**

(Mark One)

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

**For the fiscal year ended December 31, 2022or**

**o**** ****TRANSITIONREPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

**For the transition period from _____ to _____Commission file number of the issuing entity: 333-207567-01**

**Central Index Key Number of the issuing entity:0001661589**

**CFCRE 2016-C3 Mortgage Trust**

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

** **

**Central Index Key Number of the depositor: 0001515166**

**CCRE Commercial MortgageSecurities, L.P.**

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

** **

**Central Index Key Number of the sponsor: 0001558761**

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

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

** **

**Central Index Key Number of the sponsor: 0001238163**

**Société Générale, New York Branch**

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

** **

**Central Index Key Number of the sponsor: 0001555501**

**Liberty Island Group I LLC**

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

** **

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

**the issuing entity)** | **38-3984678**

**38-3984679**

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

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

**c/o Computershare Trust Company, National Association, as agent for**

**Wells Fargo Bank, National Association**

**as Certificate Administrator**

**9062 Old Annapolis Road**

**Columbia, MD**

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

**21045**

**(Zip Code)**

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

**(212) 915-1700**

Securities registered pursuant to Section 12(b) of the Act:

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

 

 

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

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

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

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

Indicate by check mark whether the registrant has submittedelectronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (Section 232.405 of this chapter) during thepreceding 12 months (or for such shorter period that the registrant wasrequired to submit such files).

Not applicable.

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

Large acceleratedfiler        o                                                                                                       Accelerated filer                                     o

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

                                                                                                                                                       Emerging growthcompany                    o

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

Indicate by check mark whether the registrant has filed areport on and attestation to its management’s assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of theSarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firmthat prepared or issued its audit report. o

If securities are registered pursuant to Section 12(b) of theAct, indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issuedfinancial statements. o

Indicate by check mark whether any of those error correctionsare restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during therelevant recovery period pursuant to §240.10D-1(b). o

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

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

Not applicable.

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

Not applicable.

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

Not applicable.

**DOCUMENTS INCORPORATED BY REFERENCE**

** **

List hereunder the following documents if incorporated byreference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) intowhich the document is incorporated: (1) Any annual report to security holders;(2) Any proxy or information statement; and (3) Any prospectus filed pursuantto Rule 424(b) or (c) under the Securities Act of 1933. The listed documentsshould be clearly described for identification purposes (e.g., annual report tosecurity holders for fiscal year ended December 24, 1980).

Not applicable.

 

** **

**EXPLANATORY NOTES**

The Element LA Mortgage Loan and the OneCommerce Plaza Mortgage Loan, which constituted approximately 7.9% and 5.7%,respectively, of the asset pool of the issuing entity as of its cut-off date,are each an asset of the issuing entity and are each part of a loan combinationthat includes (a) with respect to the Element LA Mortgage Loan, three other *paripassu* loans, which are not assets of the issuing entity and (b) withrespect to the One Commerce Plaza Mortgage Loan, one other *pari passu*loan, which is not an asset of the issuing entity. These loan combinations, includingthe Element LA Mortgage Loan and the One Commerce Plaza Mortgage Loan, arebeing serviced and administered pursuant to the Pooling and ServicingAgreement, which is incorporated by reference as Exhibit 4.1 to this AnnualReport on Form 10-K. 

The Exhibit Index describesexhibits provided by certain parties (in their capacities indicated on theExhibit Index) with respect to the NMS Los Angeles Multifamily PortfolioMortgage Loan, which constituted approximately 4.3% of the asset pool of theissuing entity as of its cut-off date.  The NMS Los Angeles MultifamilyPortfolio Mortgage Loan is an asset of the issuing entity and is part of a loancombination that includes the NMS Los Angeles Multifamily Portfolio MortgageLoan and two other *pari passu* loans, which are not assets of the issuingentity. A *pari passu* portion of the loan combination was securitized inthe COMM 2015-CCRE27 Mortgage Trust transaction, Commission File Number333-193376-24 (the “COMM 2015-CCRE27  Transaction”). This loancombination, including the NMS Los Angeles Multifamily Portfolio Mortgage Loan,is being serviced and administered pursuant to the pooling and servicingagreement for the COMM 2015-CCRE27  Transaction, which is incorporated byreference as Exhibit 4.2 to this Annual Report on Form 10-K.

The Exhibit Index describesexhibits provided by certain parties (in their capacities indicated on theExhibit Index) with respect to the Springfield Mall Mortgage Loan, whichconstituted approximately 4.6% of the asset pool of the issuing entity as ofits cut-off date.  The Springfield Mall Mortgage Loan is an asset of theissuing entity and is part of a loan combination that includes the SpringfieldMall Mortgage Loan and one other *pari passu* loan, which is not an assetof the issuing entity. The other *pari passu* portion of the loancombination was securitized in the COMM 2015-LC23 Mortgage Trust transaction,Commission File Number 333-193376-25 (the “COMM 2015-LC23 Transaction”).This loan combination, including the Springfield Mall Mortgage Loan, is beingserviced and administered pursuant to the pooling and servicing agreement forthe COMM 2015-LC23 Transaction, which is incorporated by reference as Exhibit4.3 to this Annual Report on Form 10-K.

The Exhibit Index describes exhibitsprovided by certain parties (in their capacities indicated on the ExhibitIndex) with respect to the AG Life Time Fitness Portfolio Mortgage Loan, whichconstituted approximately 5.7% of the asset pool of the issuing entity as ofits cut-off date.  The AG Life Time Fitness Portfolio Mortgage Loan is anasset of the issuing entity and is part of a loan combination that includes theAG Life Time Fitness Portfolio Mortgage Loan and three other *pari passu*loans, which are not assets of the issuing entity. This loan combination,including the AG Life Time Fitness Portfolio Mortgage Loan, was serviced underthe Pooling and Servicing Agreement for the issuing entity prior to the closingof the securitization of a *pari passu* portion of the AG Life TimeFitness Portfolio loan combination in the COMM 2016-CCRE28 Mortgage Trusttransaction, Commission File Number 333-206705-01 (the “COMM 2016-CCRE28Transaction”).  After the closing of the COMM 2016-CCRE28 Transactionon February 10, 2016, this loan combination, including the AG Life Time FitnessPortfolio Mortgage Loan was, and will continue to be, serviced and administeredpursuant to the pooling and servicing agreement with respect to the COMM2016-CCRE28 Transaction, which is incorporated by reference as Exhibit 4.4 tothis Annual Report on Form 10-K.

The Exhibit Index describesexhibits provided by certain parties (in their capacities indicated on theExhibit Index) with respect to the Empire Mall Mortgage Loan, which constitutedapproximately 7.1% of the asset pool of the issuing entity as of its cut-offdate.  The Empire Mall Mortgage Loan is an asset of the issuing entity andis part of a loan combination that includes the Empire Mall Mortgage Loan andthree other *pari passu* loans, which are not assets of the issuingentity.  This loan combination, including the Empire Mall Mortgage Loan,was serviced under the pooling and servicingagreement for the Wells Fargo Commercial Mortgage Trust 2015-P2 transaction,Commission File Number 333-206677-01 prior to the closing of thesecuritization of a *pari passu* portion of the Empire Mall loancombination in the Citigroup Commercial Mortgage Trust 2016-P3 transaction,Commission File Number 333-207132-02 (the “CGCMT 2016-P3 Transaction”). After the closing of the CGCMT 2016-P3 Transaction on April 13, 2016, this loancombination, including the Empire Mall Mortgage Loan was, and will continue tobe, serviced and administered pursuant to the pooling and servicing agreementwith respect to the CGCMT 2016-P3 Transaction, which is incorporated byreference as Exhibit 4.5 to this Annual Report on Form 10-K.

The Exhibit Index describesexhibits provided by certain parties (in their capacities indicated on theExhibit Index) with respect to the 215 West 34th Street & 218 West 35thStreet Mortgage Loan, which constituted approximately 5.7% of the asset pool ofthe issuing entity as of its cut-off date.  The 215 West 34th Street &218 West 35th Street Mortgage Loan is an asset of the issuing entity and ispart of a loan combination that includes the 215 West 34th Street & 218West 35th Street Mortgage Loan and two other *pari passu* loans, which arenot assets of the issuing entity. This loan combination, including the 215 West34th Street & 218 West 35th Street Mortgage Loan, was serviced under thePooling and Servicing Agreement for the issuing entity prior to the closing ofthe securitization of a *pari passu* portion of the 215 West 34th Street& 218 West 35th Street loan combination in the CFCRE 2016-C4 Mortgage Trusttransaction, Commission File Number 333-207567-02 (the “CFCRE 2016-C4Transaction”).  After the closing of the CFCRE 2016-C4 Transaction onMay 18, 2016, this loan combination, including the 215 West 34th Street &218 West 35th Street Mortgage Loan was, and will continue to be, serviced andadministered pursuant to the pooling and servicing agreement with respect tothe CFCRE 2016-C4 Transaction, which is incorporated by reference as Exhibit4.6 to this Annual Report on Form 10-K.

The master servicer of a poolingand servicing agreement or trust and servicing agreement also functions as theprimary servicer of the related mortgage loans serviced and administeredpursuant to such agreement unless a separate primary servicer is identifiedherein.  If this report does not identify a separate primary servicer, theservicer compliance statement provided by the master servicer under any suchagreement also encompasses its responsibilities as primary servicer of therelated mortgage loan or mortgage loans.

Wells Fargo Bank, NationalAssociation is the master servicer and certificate administrator of themortgage loans serviced under the Pooling and Servicing Agreement and theprimary servicer of the Empire Mall Mortgage Loan, the AG Life Time FitnessPortfolio Mortgage Loan and the Springfield Mall Mortgage Loan. As a result,Wells Fargo Bank, National Association is a “servicer” as defined in Item1108(a)(2)(iii) of Regulation AB, in the capacities described above, because itis servicing mortgage loans that constituted 10% or more of the assets of theissuing entity as of its cut-off date. The assessments of compliance withapplicable servicing criteria, accountants’ attestation reports and servicercompliance statements delivered by Wells Fargo Bank, National Association inthe capacities described above are listed in the Exhibit Index.

Wells Fargo Bank, NationalAssociation is the custodian of the mortgage loans serviced under the Poolingand Servicing Agreement, the AG Life Time Fitness Portfolio Mortgage Loan, theSpringfield Mall Mortgage Loan and the NMS Los Angeles Multifamily PortfolioMortgage Loan.  As a result, Wells Fargo Bank, National Association is aservicing function participant in the capacities described above, because it isservicing mortgage loans that constituted 5% or more of the assets of theissuing entity as of its cut-off date. The assessments of compliance withapplicable servicing criteria and accountants’ attestation reports delivered byWells Fargo Bank, National Association in the capacities described above arelisted in the Exhibit Index.

CWCapital Asset Management LLC isthe special servicer of the mortgage loans serviced under the Pooling andServicing Agreement and the AG Life Time Fitness Portfolio Mortgage Loan. As aresult, CWCapital Asset Management LLC is a “servicer” as defined in Item1108(a)(2)(iii) of Regulation AB, in the capacities described above, because itis servicing mortgage loans that constituted 10% or more of the assets of theissuing entity as of its cut-off date. The assessments of compliance withapplicable servicing criteria, accountants’ attestation reports and servicercompliance statements delivered by CWCapital Asset Management LLC in thecapacities described above are listed in the Exhibit Index.

Park Bridge Lender Services LLC isthe operating advisor of the mortgage loans serviced under the Pooling andServicing Agreement, the Empire Mall Mortgage Loan, the AG Life Time FitnessPortfolio Mortgage Loan, the 215 West 34th Street & 218 West 35th StreetMortgage Loan, the Springfield Mall Mortgage Loan and the NMS Los AngelesMultifamily Portfolio Mortgage Loan.  As a result, Park Bridge LenderServices LLC is a servicing function participant in the capacities describedabove, because it is servicing mortgage loans that constituted 5% or more ofthe assets of the issuing entity as of its cut-off date. The assessments ofcompliance with applicable servicing criteria and accountants’ attestationreports delivered by Park Bridge Lender Services LLC in the capacitiesdescribed above are listed in the Exhibit Index.

Berkeley Point Capital LLC d/b/aNewmark is the primary servicer of the Element LA Mortgage Loan, the 215 West34th Street & 218 West 35th Street Mortgage Loan and the NMS Los AngelesMultifamily Portfolio Mortgage Loan. As a result, Berkeley Point Capital LLCd/b/a Newmark is a “servicer” as defined in Item 1108(a)(2)(iii) of RegulationAB, in the capacities described above, because it is servicing mortgage loansthat constituted 10% or more of the assets of the issuing entity as of itscut-off date. The assessments of compliance with applicable servicing criteria,accountants’ attestation reports and servicer compliance statements deliveredby Berkeley Point Capital LLC d/b/a Newmark in the capacities described aboveare listed in the Exhibit Index.

Rialto Capital Advisors, LLC isthe special servicer of the 215 West 34th Street & 218 West 35th StreetMortgage Loan and the NMS Los Angeles Multifamily Portfolio Mortgage Loan. As aresult, Rialto Capital Advisors, LLC is a “servicer” as defined in Item1108(a)(2)(iii) of Regulation AB, in the capacities described above, because itis servicing mortgage loans that constituted 10% or more of the assets of theissuing entity as of its cut-off date. The assessments of compliance withapplicable servicing criteria, accountants’ attestation reports and servicercompliance statements delivered by Rialto Capital Advisors, LLC in thecapacities described above are listed in the Exhibit Index.

Wells Fargo Bank, NationalAssociation acts as trustee of the NMS Los Angeles Multifamily PortfolioMortgage Loan.  Pursuant to the pooling and servicing agreement for theCOMM 2015-CCRE27  Transaction, the trustee is required to provide anassessment of compliance with applicable servicing criteria solely with respectto Item 1122(d)(2)(iii) of Regulation AB (regarding advances of funds orguarantees regarding collections, cash flows or distributions, and any interestor other fees charged for such advances, are made, reviewed and approved asspecified in the transaction agreements). However, during the reporting period,the trustee did not perform any servicing function with respect to theservicing criteria specified in Item 1122(d)(2)(iii) of Regulation AB. The master servicer or the special servicer, to the extent required, performedthe servicing function identified with respect to Item 1122(d)(2)(iii) ofRegulation AB, and each such party included Item 1122(d)(2)(iii) of RegulationAB in the assessment of compliance with applicable servicing criteria andaccountant’s attestation report for the subject transaction.  As a result,this Annual Report on Form 10-K does not include an assessment of compliancewith applicable servicing criteria of the trustee. One or more other servicersof the NMS Los Angeles Multifamily Portfolio Mortgage Loan have delivered oneor more assessments of compliance with respect to Item 1122(d)(2)(iii) ofRegulation AB.

Wilmington Trust, NationalAssociation acts as trustee of  the mortgage loans serviced under thePooling and Servicing Agreement, the Springfield Mall Mortgage Loan, the AGLife Time Fitness Portfolio Mortgage Loan and the Empire Mall MortgageLoan.  Pursuant to the Pooling and Servicing Agreement, the pooling andservicing agreement for the COMM 2015-LC23 Transaction, the pooling andservicing agreement for the COMM 2016-CCRE28 Transaction and the pooling andservicing agreement for the CGCMT 2016-P3 Transaction, the trustee is requiredto provide an assessment of compliance with applicable servicing criteriasolely with respect to Item 1122(d)(2)(iii) of Regulation AB (regardingadvances of funds or guarantees regarding collections, cash flows ordistributions, and any interest or other fees charged for such advances, aremade, reviewed and approved as specified in the transaction agreements).However, during the reporting period, the trustee did not perform any servicingfunction with respect to the servicing criteria specified in Item1122(d)(2)(iii) of Regulation AB.  The master servicer or the specialservicer, to the extent required, performed the servicing function identifiedwith respect to Item 1122(d)(2)(iii) of Regulation AB, and each such partyincluded Item 1122(d)(2)(iii) of Regulation AB in the assessment of compliancewith applicable servicing criteria and accountant’s attestation report for thesubject transaction.  As a result, this Annual Report on Form 10-K doesnot include an assessment of compliance with applicable servicing criteria ofthe trustee. One or more other servicers of  the mortgage loans servicedunder the Pooling and Servicing Agreement, the Springfield Mall Mortgage Loan,the AG Life Time Fitness Portfolio Mortgage Loan and the Empire Mall MortgageLoan have delivered one or more assessments of compliance with respect to Item1122(d)(2)(iii) of Regulation AB.

This Annual Report on Form 10-Kincludes an assessment of compliance with applicable servicing criteria and anaccountant’s attestation report from U.S. Bank National Association. Thisentity was engaged by Citibank, N.A., as custodian of the Empire Mall MortgageLoan, to perform certain custodial services. These custodial services areservicing functions included within the servicing criteria set forth in Items1122(d)(4)(i) and 1122(d)(4)(ii) of Regulation AB. Therefore, under theprinciples-based definition of “servicer” set forth in Item 1101(j) orRegulation AB that looks to the functions that an entity performs, this vendoris a “servicer” for the purposes of Item 1122 of Regulation AB. See Complianceand Disclosure Interpretations, Section 301.01 (Item 1101(j)).

This Annual Report on Form 10-K includes assessments ofcompliance with applicable servicing criteria and accountants’ attestationreports from CoreLogic Solutions, LLC.  This entity was engaged by themaster servicer under the Pooling and Servicing Agreement (except with respectto those mortgage loans for which Berkeley Point Capital LLC d/b/a Newmark orPGIM Real Estate Loan Services, Inc. (formerly known as Prudential Asset Resources,Inc.) is the primary servicer), the primary servicer under the Pooling andServicing Agreement and the primary servicer of the Springfield Mall MortgageLoan, the AG Life Time Fitness Portfolio Mortgage Loan and the Empire MallMortgage Loan to remit tax payments received from the escrow accounts ofborrowers to local taxing authorities, to report tax amounts due, to verify taxparcel information, and to verify non-escrow tax payments. With respect to thereports provided as servicing function participant on behalf of Wells FargoBank, National Association, these servicing functions are included within theservicing criteria set forth in Items 1122(d)(4)(xi) and 1122(d)(4)(xii) ofRegulation AB.  With respect to the reports provided as servicing functionparticipant on behalf of PGIM Real Estate Loan Services, Inc. (formerly knownas Prudential Asset Resources, Inc.), these servicing functions are includedwithin the servicing criteria set forth in Items 1122(d)(2)(ii),1122(d)(2)(vi), 1122(d)(4)(xi) and 1122(d)(4)(xii) of Regulation AB. Therefore, under the principles-based definition of “servicer” set forth inItem 1101(j) of Regulation AB that looks to the functions that an entityperforms, this vendor is a “servicer” for the purposes of Item 1122 of RegulationAB.  *See* Compliance and Disclosure Interpretations,Section 301.01 (Item 1101(j)).

This Annual Report on Form 10-Kincludes an assessment of compliance with applicable servicing criteria,accountants’ attestation report and servicer compliance statement fromComputershare Trust Company, National Association (“CTCNA”).  CTCNAwas engaged by Wells Fargo Bank, National Association (“Wells Fargo”),in its capacity as certificate administrator and custodian, to perform certainspecified servicing functions identified in the assessment of compliance withapplicable servicing criteria and accountants’ attestation reports.  WellsFargo engaged CTCNA in connection with the sale of Wells Fargo’s corporatetrust services business to CTCNA and its affiliates.  Further, under theprinciples-based definition of “servicer” set forth in Item 1101(j) ofRegulation AB that looks to the functions that an entity performs, this partyis a “servicer” for the purposes of Item 1123 of Regulation AB.  SeeCompliance and Disclosure Interpretations, Section 301.01 (Item 1101(j)).

The assessments of compliance withapplicable servicing criteria, accountants’ attestation reports and servicercompliance statements of the certificate administrator of the NMS Los AngelesMultifamily Portfolio Mortgage Loan, the Springfield Mall Mortgage Loan, the AGLife Time Fitness Portfolio Mortgage Loan, the Empire Mall Mortgage Loan andthe 215 West 34th Street & 218 West 35th Street Mortgage Loan are omittedfrom this Annual Report on Form 10-K as the certificate administrator pursuantto the related pooling and servicing agreement or trust and servicing agreementdoes not perform any activities that address servicing criteria with respect tothe issuing entity and because they are each not a “servicer” that meets thecriteria in Item 1108(a)(2)(i) through (iii) of Regulation AB.

With respect to the *pari passu*loan combinations that include the Springfield Mall Mortgage Loan and theEmpire Mall Mortgage Loan, (i) the report on assessment of compliance withservicing criteria and attestation report on assessment of compliance withservicing criteria of LNR Partners, LLC as special servicer of the SpringfieldMall Mortgage Loan, listed on the Exhibit Index are omitted from this AnnualReport on Form 10-K as they are not required to be included on this AnnualReport on Form 10-K per Instruction 3 to Item 1122 of Regulation AB because itis a party performing activities that address servicing criteria relating to 5%or less of the assets of the issuing entity; and (ii) the servicer compliancestatements of LNR Partners, LLC as special servicer of the Springfield MallMortgage Loan and Greystone Servicing Company LLC (as successor to C-III AssetManagement LLC) as special servicer of the Empire Mall Mortgage Loan, listed onthe Exhibit Index are omitted from this Annual Report on Form 10-K as they arenot required by Item 1123 of Regulation AB to be included on this Annual Reporton Form 10-K because they are each an unaffiliated party that is not a “servicer”that meets the criteria in Item 1108(a)(2)(i) through (iii) of Regulation AB.

**PART I**

**Item 1.  Business.**

Omitted.

**Item 1A.  Risk Factors.**

Omitted.

**Item 1B.  Unresolved Staff Comments.**

None.

**Item 2.  Properties.**

Omitted.

**Item 3.  Legal Proceedings.**

Omitted.

**Item 4.  Mine Safety Disclosures.**

Not applicable.

**PART II**

**Item 5.  Market for Registrant’s Common Equity,Related Stockholder Matters and Issuer Purchases of Equity Securities.**

Omitted.

**Item 6. **

[Reserved]

**Item 7.  Management’s Discussion and Analysis ofFinancial Condition and Results of Operations.**

Omitted.

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

Omitted.

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

Omitted.

**Item 9.  Changes in and Disagreements WithAccountants on Accounting and Financial Disclosure.**

Omitted.

**Item 9A.  Controls and Procedures.**

Omitted.

**Item 9B.  Other Information.**

None.

**Item 9C.  Disclosure Regarding Foreign Jurisdictionsthat Prevent Inspections.**

None.

**PART III**

**Item 10.  Directors, Executive Officers and CorporateGovernance.**

Omitted.

**Item 11.  Executive Compensation.**

Omitted.

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

Omitted.

**Item 13.  Certain Relationships and RelatedTransactions, and Director Independence.**

Omitted.

**Item 14.  Principal Accountant Fees and Services.**

Omitted.

**ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB**

**Item 1112(b) of Regulation AB, Significant ObligorFinancial Information.**

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

 

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

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

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

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

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

The registrant knows of no material pending legal proceedinginvolving the trust or any party related to the trust, other than routinelitigation incidental to the duties of those respective parties, and thefollowing, with respect to CWCapital Asset Management LLC, as special servicer,U.S. Bank National Association, as certificate administrator, as trustee and ascustodian, and Wells Fargo Bank, National Association, as certificateadministrator, as trustee and as custodian.

From time to time, CWCapital Asset Management LLC, a Delawarelimited liability company (“CWCAM”), is a party to lawsuits and other legalproceedings as part of its duties as a special servicer (e.g., enforcement ofloan obligations) and/or arising in the ordinary course of business. Other thanas set forth in the following paragraphs, there are currently no legalproceedings pending, and no legal proceedings known to be contemplated bygovernmental authorities, against CWCAM or of which any of its property is thesubject, that are material to the certificateholders. 

On December 17, 2015, U.S. Bank National Association, thetrustee under five pooling and servicing agreements for (i) Wachovia BankCommercial Mortgage Trust 2007-C30, (ii) COBALT CMBS Commercial Trust 2007-C2,(iii) Wachovia Bank Commercial Mortgage Trust 2007-C31, (iv) ML-CFC CommercialMortgage Trust 2007-5 and (v) ML-CFC Commercial Mortgage Trust 2007-6 commenceda proceeding with the Second Judicial District Court of Ramsey County,Minnesota (the “State Court”) for a declaratory judgment as to the properallocation of certain proceeds (“Disputed Proceeds”) received by CWCAM inconnection with the sale of the Peter Cooper Village and Stuyvesant Townproperty in New York, New York securing loans held by those trusts.  CWCAMwas the special servicer of such property.  The petition requests theState Court to instruct the trustee, the trust beneficiaries, and any otherinterested parties as to the amount of the Disputed Proceeds, if any, thatconstitute penalty interest and/or the amount of the Disputed Proceeds, if any,that constitute gain-on-sale proceeds, with respect to each trust.  OnFebruary 24, 2016, CWCAM made a limited appearance with the State Court to filea motion to dismiss this proceeding based on lack of jurisdiction, mootness,standing and forum non conveniens.  On July 19, 2016, the State Courtdenied CWCAM’s motion to dismiss.  On July 22, 2016, the action wasremoved to federal court in Minnesota (“Federal Court”).  On October 21,2016, the Federal Court held a hearing on the motion to transfer the action tothe United States District Court for the Southern District of New York (“SDNYCourt”), a motion to remand to state court and a motion to hear CWCAM’s requestfor reconsideration of the motion to dismiss.  On March 14, 2017, theFederal Court reserved the determination on the motion to hear CWCAM’s requestfor reconsideration of the motion to dismiss, denied the motion to remand thematter to state court and granted the motion to transfer the proceeding to theSDNY Court.  Cross motions for judgment on the pleadings were filed butthe SDNY Court was unable to decide the case based on the pleadings and theSDNY Court ordered discovery.  All fact discovery was completed inDecember, 2018 and expert discovery was completed on March 15, 2019.  Theparties submitted cross motions for summary judgment, and on March 19, 2020,the SDNY Court entered an opinion and order in which it granted summaryjudgment in CWCAM’s favor and held that CWCAM was entitled to the entire amountof penalty interest and that CWCAM’s determination of Yield Maintenance wascorrect.  In the 127-page opinion, the SDNY Court found for CWCAM on everyissue presented by the trustee’s petition, namely, that the funds in disputeconstitute penalty interest and yield maintenance, not gain-on-sale proceeds,and that the amount of penalty interest and yield maintenance was correctlycalculated. An appeal of the SDNY Court’s decision was taken on April 29,2020.  Oral argument on the appeal occurred on June 21, 2021.  OnJuly 14, 2022, the Second Circuit entered a decision affirming in part andreversing in part the SDNY Court’s decision and remanding to the SDNY Court forfurther proceedings.  The Second Circuit affirmed the SDNY’s Court holdingthat Penalty Interest and Yield Maintenance are paid before Gain-On-SaleProceeds.  The Second Circuit reversed and remanded for furtherproceedings that portion of the SDNY Court’s decision related to approximately$67.2 million in interest on advances.   On January 13, 2023, theparties entered into a settlement agreement, in which (among other things) theyagreed to stipulate that the amount of interest on advances that accrued on orbefore June 3, 2014 is $27.5 million, and that CWCAM would pay that amount intoescrow for distribution to certificateholders upon the entry of an order by theCourt approving the settlement.  U.S. Bank National Association, asTrustee for the trusts, provided notice of the settlement to all parties ininterest via a notice program approved by the Court.  A hearing on thesettlement is scheduled for March 16, 2023.

On December 1, 2017, a complaint against CWCAM and others wasfiled in the United States District Court for the Southern District of New Yorkstyled as CWCapital Cobalt Vr Ltd. v. CWCapital Investments LLC, et al., No.17-cv-9463 (the “Original Complaint”). The gravamen of the Original Complaint alleged breaches of a contract and fiduciary duties by CWCAM’saffiliate, CWCapital Investments LLC in its capacity as collateral manager forthe collateralized debt obligation transaction involving CWCapital Cobalt Vr,Ltd. In total, there are 14 counts pled in the Original Complaint. Of those 14,5 claims were asserted against CWCAM for aiding and abetting breach of fiduciaryduty, conversion and unjust enrichment. On May 23, 2018, the Original Complaintwas dismissed for lack of subject matter jurisdiction.   On June 28,2018, CWCapital Cobalt Vr Ltd. filed a substantially similar complaint in theSupreme Court of the State of New York, County of New York styled as CWCapitalCobalt Vr Ltd. v. CWCapital Investments LLC, et al., Index No. 653277/2018 (the“New Complaint”).  The gravamen of the New Complaint is the same as theprevious complaint filed in the United State District Court for the SouthernDistrict of New York.  In total there are 16 counts pled in the NewComplaint. Of those 16 counts, 5 claims were asserted against CWCAM for aidingand abetting breach of fiduciary duty, conversion and unjust enrichment, 1 countseeks a declaratory judgement that the plaintiff has the right to enforce thecontracts in question and 1 count seeks an injunction requiring the defendantsto recognize the plaintiff as the directing holder for the trusts in question.On January 11, 2019, the plaintiff dismissed with prejudice the declaratoryjudgment and injunction counts.  The New Complaint and related summons wasnot served on the defendants until July 13, 2018 and July 16, 2018.  Theplaintiff’s motion for a preliminary injunction was denied by the court on July31, 2018.  On August 3, 2018, the defendants, including CWCAM, filed amotion to dismiss the New Complaint in its entirety. On August 20, 2019, thecourt entered an order granting defendants’ motion almost in its entirety, dismissing11 of the 16 counts and partially dismissing 2 additional counts.  Of theremaining counts, 2 are asserted against CWCAM for aiding and abetting breachof fiduciary duty and unjust enrichment.  On September 19, 2019, CWCapitalCobalt Vr Ltd. filed a notice of appeal relating to the August 20, 2019dismissal order and on September 26, 2019, filed an amended complaint againstCWCI and CWCAM attempting to address deficiencies relating to certain of theclaims dismissed by the August 20, 2019 order.  CWCI and CWCAM filed itsMotion to Dismiss the amended complaint on October 28, 2019.  The courtheard argument on the Motion to Dismiss the amended complaint on January 22,2020 and on October 23, 2020, the court granted the motion dismissing theamended claims.  On November 30, 2020, CWCapital Cobalt Vr Ltd filed anotice of appeal relating to the October 23, 2020 dismissal order.  OnApril 27, 2021, the First Department affirmed the dismissal as to claimsagainst CWCAM that were part of the August 20, 2019 dismissal, but reversed thedismissal of two counts for breach of the Collateral Management Agreementagainst CWCI.  CWCI sought leave to file an appeal of the decision. Theplaintiff also sought leave to appeal the dismissal of the claims against CWCAM. Both requests for leave were denied by the First Department.  On May 15,2020, CWCI and CWCAM filed a motion to renew its motion to dismiss as to 4 ofthe remaining counts (including the remaining two counts against CWCAM foraiding and abetting breach of fiduciary duty and unjust enrichment), based on adecision entered by Judge Failla in a trust instruction proceeding  in theUS District Court for the Southern District of New York awarding summaryjudgment in favor of CWCAM.  On September 7, 2021, the court denied themotion to renew.  CWCI and CWCAM filed a notice of appeal, which theyperfected by the filing of their opening brief on July 1, 2022.  OnNovember 15, 2022, the First Department affirmed the court’s denial of themotion to renew.  On October 1, 2021, CWCI and CWCAM moved to reargue thedenial of the motion to renew (or alternatively, the motion to dismiss) withrespect to certain of Cobalt’s claims, including the remaining 2 claims againstCWCAM, based on the First Department’s April 27, 2021 decision.  On March24, 2022, the court denied the relief sought in the motion to reargue. CWCI and CWCAM have appealed the court’s decision on the motion to reargue andfiled their opening brief on July 11, 2022.  The appeal was dismissed asbeing non-appealable on August 30, 2022.  CWCAM believes that it hasperformed its obligations under the related pooling and servicing agreements ingood faith and the remaining allegations in the New Complaint are withoutmerit.

In the last several years, U.S. Bank National Association(“U.S. Bank”) and other large financial institutions have been sued in theircapacity as trustee or successor trustee for certain residential mortgagebacked securities ("RMBS") trusts.  The complaints, primarilyfiled by investors or investor groups against U.S. Bank and similarinstitutions, allege the trustees caused losses to investors as a result ofalleged failures by the sponsors, mortgage loan sellers and servicers to complywith the governing agreements for these RMBS trusts.  Plaintiffs generallyassert causes of action based upon the trustees’ purported failures to enforcerepurchase obligations of mortgage loan sellers for alleged breaches ofrepresentations and warranties, notify securityholders of purported events ofdefault allegedly caused by breaches of servicing standards by mortgage loanservicers and abide by a heightened standard of care following alleged eventsof default.  

U.S. Bank denies liability and believes that it has performedits obligations under the RMBS trusts in good faith, that its actions were notthe cause of losses to investors, that it has meritorious defenses, and it hascontested and intends to continue contesting the plaintiffs’ claimsvigorously.  However, U.S. Bank cannot assure you as to the outcome of anyof the litigation, or the possible impact of these litigations on the trusteeor the RMBS trusts.

On March 9, 2018, a law firm purporting to represent fifteenDelaware statutory trusts (the “DSTs”) that issued securities backed by studentloans (the “Student Loans”) filed a lawsuit in the Delaware Court of Chanceryagainst U.S. Bank National Association (“U.S. Bank”) in its capacities asindenture trustee and successor special servicer, and three other institutionsin their respective transaction capacities, with respect to the DSTs and theStudent Loans.  This lawsuit is captioned The National Collegiate StudentLoan Master Trust I, et al. v. U.S. Bank National Association, et al., C.A. No.2018-0167-JRS (Del. Ch.) (the “NCMSLT Action”).  The complaint, as amendedon June 15, 2018, alleged that the DSTs have been harmed as a result ofpurported misconduct or omissions by the defendants concerning administrationof the trusts and special servicing of the Student Loans.  Since thefiling of the NCMSLT Action, certain Student Loan borrowers have madeassertions against U.S. Bank concerning special servicing that appear to bebased on certain allegations made on behalf of the DSTs in the NCMSLT Action.

U.S. Bank believes that it has performed its obligations asindenture trustee and special servicer in good faith and in compliance in allmaterial respects with the terms of the agreements governing the DSTs (the“Governing Agreements”), and accordingly that the claims against it in theNCMSLT Action are without merit.  

U.S. Bank has filed a motion seeking dismissal of theoperative complaint in its entirety with prejudice pursuant to Chancery CourtRules 12(b)(1) and 12(b)(6) or, in the alternative, a stay of the case whileother prior filed disputes involving the DSTs and the Student Loans arelitigated.  On November 7, 2018, the Court ruled that the case should bestayed in its entirety pending resolution of the first-filed cases.  OnJanuary 21, 2020, the Court entered an order consolidating for pretrialpurposes the NCMSLT Action and three other lawsuits pending in the DelawareCourt of Chancery concerning the DSTs and the Student Loans (the “ConsolidatedAction”).  U.S. Bank and other parties to the Consolidated Action havebriefed and argued motions for judgment on the pleadings pursuant to ChanceryCourt Rule 12(c) regarding disputed issues of contractual interpretation atissue in one or more of the cases comprising the Consolidated Action, includingthe NCMSLT Action.  The Court has not yet ruled on these motions or onU.S. Bank’s dismissal motion in the NCMSLT Action.

In December 2014, Phoenix Light SF Limited (Phoenix Light)and certain related entities filed a complaint in the United States DistrictCourt for the Southern District of New York alleging claims against Wells FargoBank, N.A., in its capacity as trustee for a number of residentialmortgage-backed securities (RMBS) trusts. Complaints raising similarallegations have been filed by Commerzbank AG in the Southern District of NewYork and by IKB International and IKB Deutsche Industriebank in New York statecourt. In each case, the plaintiffs allege that Wells Fargo Bank, N.A., 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. In July 2022, the district court dismissed Phoenix Light’s claims andcertain of the claims asserted by Commerzbank AG, and subsequently enteredjudgment in each case in favor of Wells Fargo Bank, N.A. In August 2022,Phoenix Light and Commerzbank AG appealed the district court’s decision to theUnited States Court of Appeals for the Second Circuit. The Company previouslysettled two class actions filed by institutional investors and an action filedby the National Credit Union Administration with similar allegations. Inaddition, Park Royal I LLC and Park Royal II LLC have filed substantiallysimilar lawsuits in New York state court alleging Wells Fargo Bank, N.A., astrustee, failed to take appropriate actions upon learning of defective mortgageloan documentation.

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

The information regarding this Item has been previouslyprovided in the prospectus of the Registrant relating to the issuing entityfiled on January 28, 2016 pursuant to Rule 424(b)(2).

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

The reports on assessments of compliance with the servicingcriteria for asset-backed securities and related attestation reports on suchassessments of compliance with respect to the mortgage loans are attachedhereto under Item 15 to this Annual Report on Form 10-K. Attached as ScheduleII to the Pooling and Servicing Agreement incorporated by reference as Exhibit4.1 to this Annual Report on Form 10-K is a chart identifying the entitiesparticipating in a servicing function for the transaction responsible for eachapplicable servicing criteria set forth in Item 1122(d).

The reports on assessments of compliance with the servicingcriteria for asset-backed securities and related attestation reports on suchassessments of compliance with respect to the NMS Los Angeles MultifamilyPortfolio Mortgage Loan, which is being serviced and administered pursuant tothe pooling and servicing agreement for the COMM 2015-CCRE27  Transaction,are attached hereto under Item 15 to this Annual Report on Form 10-K. Attachedas Schedule II to the pooling and servicing agreement for the COMM2015-CCRE27  Transaction incorporated by reference as Exhibit 4.2 to thisAnnual Report on Form 10-K is a chart identifying the entities participating ina servicing function for the COMM 2015-CCRE27  Transaction responsible foreach applicable servicing criteria set forth in Item 1122(d).

The reports on assessments of compliance with the servicingcriteria for asset-backed securities and related attestation reports on suchassessments of compliance with respect to the Springfield Mall Mortgage Loan,which is being serviced and administered pursuant to the pooling and servicingagreement for the COMM 2015-LC23 Transaction, are attached hereto under Item 15to this Annual Report on Form 10-K. Attached as Schedule II to the pooling andservicing agreement for the COMM 2015-LC23 Transaction incorporated byreference as Exhibit 4.3 to this Annual Report on Form 10-K is a chartidentifying the entities participating in a servicing function for the COMM2015-LC23 Transaction responsible for each applicable servicing criteria setforth in Item 1122(d).

The reports on assessments of compliance with the servicingcriteria for asset-backed securities and related attestation reports on suchassessments of compliance with respect to the AG Life Time Fitness PortfolioMortgage Loan, which is being serviced and administered pursuant to the poolingand servicing agreement for the COMM 2016-CCRE28 Transaction, are attachedhereto under Item 15 to this Annual Report on Form 10-K. Attached as ScheduleII to the pooling and servicing agreement for the COMM 2016-CCRE28 Transactionincorporated by reference as Exhibit 4.4 to this Annual Report on Form 10-K isa chart identifying the entities participating in a servicing function for theCOMM 2016-CCRE28 Transaction responsible for each applicable servicing criteriaset forth in Item 1122(d).

The reports on assessments of compliance with the servicingcriteria for asset-backed securities and related attestation reports on suchassessments of compliance with respect to the Empire Mall Mortgage Loan, whichis being serviced and administered pursuant to the pooling and servicingagreement for the CGCMT 2016-P3 Transaction, are attached hereto under Item 15to this Annual Report on Form 10-K. Attached as Exhibit O to the pooling andservicing agreement for the CGCMT 2016-P3 Transaction incorporated by referenceas Exhibit 4.5 to this Annual Report on Form 10-K is a chart identifying theentities participating in a servicing function for the CGCMT 2016-P3Transaction responsible for each applicable servicing criteria set forth inItem 1122(d).

The reports on assessments of compliance with the servicingcriteria for asset-backed securities and related attestation reports on suchassessments of compliance with respect to the 215 West 34th Street & 218West 35th Street Mortgage Loan, which is being serviced and administeredpursuant to the pooling and servicing agreement for the CFCRE 2016-C4Transaction, are attached hereto under Item 15 to this Annual Report on Form10-K. Attached as Schedule II to the pooling and servicing agreement for theCFCRE 2016-C4 Transaction incorporated by reference as Exhibit 4.6 to thisAnnual Report on Form 10-K is a chart identifying the entities participating ina servicing function for the CFCRE 2016-C4 Transaction responsible for eachapplicable servicing criteria set forth in Item 1122(d).

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

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

**PART IV**

**Item 15. Exhibit and Financial Statement Schedules**

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

(1) Not applicable

(2) Not applicable

(3) See below

 

4.1          Pooling and Servicing Agreement, dated as of January 1,2016, by and among CCRE Commercial Mortgage Securities, L.P., as Depositor,Wells Fargo Bank, National Association, as Master Servicer, CWCapital AssetManagement LLC, as Special Servicer, Wilmington Trust, National Association, asTrustee, Wells Fargo Bank, National Association, as Certificate Administrator,Paying Agent and Custodian, Park Bridge Lender Services LLC, as OperatingAdvisor and Park Bridge Lender Services LLC as Asset Representations Reviewer(filed as Exhibit 4.1 to the registrant’s Current Report on Form 8-K/A filed onFebruary 18, 2016 under Commission File No. 333-207567-01  andincorporated by reference herein).

4.2          Pooling and Servicing Agreement, dated as of October 1,2015, by and among Deutsche Mortgage & Asset Receiving Corporation, asDepositor, Midland Loan Services, a Division of PNC Bank, National Association,as Master Servicer, Rialto Capital Advisors, LLC , as Special Servicer, WellsFargo Bank, National Association, as Trustee, Certificate Administrator, PayingAgent and Custodian and Park Bridge Lender Services LLC, as Operating Advisor(filed as Exhibit 4.4 to the registrant’s Current Report on Form 8-K filed onJanuary 28, 2016 under Commission File No. 333-207567-01 and incorporated byreference herein).

4.3          Pooling and Servicing Agreement, dated as of November 1,2015, by and among Deutsche Mortgage & Asset Receiving Corporation, asDepositor, Wells Fargo Bank, National Association, as Master Servicer, LNRPartners, LLC, as Special Servicer, Wilmington Trust, National Association, asTrustee, Wells Fargo Bank, National Association, as Certificate Administrator,Paying Agent and Custodian and Park Bridge Lender Services LLC, as OperatingAdvisor (filed as Exhibit 4.3 to the registrant’s Current Report on Form 8-Kfiled on January 28, 2016 under Commission File No. 333-207567-01 andincorporated by reference herein).

4.4          Pooling and Servicing Agreement, dated as of February 1,2016, by and among Deutsche Mortgage & Asset Receiving Corporation, asDepositor, Wells Fargo Bank, National Association, as Master Servicer, MidlandLoan Services, a Division of PNC Bank, National Association, as SpecialServicer, Wilmington Trust, National Association, as Trustee, Wells Fargo Bank,National Association, as Certificate Administrator, Paying Agent and Custodian,Park Bridge Lender Services LLC, as Operating Advisor and Park Bridge LenderServices LLC, as Asset Representations Reviewer (filed as Exhibit 4.1 to theregistrant’s Current Report on Form 8-K filed on February 11, 2016 underCommission File No. 333-207567-01 and incorporated by reference herein).

4.5          Pooling and Servicing Agreement, dated as of April 1,2016, by and among Citigroup Commercial Mortgage Securities Inc., as Depositor,Wells Fargo Bank, National Association, as Master Servicer, C-III AssetManagement LLC, as Special Servicer, Park Bridge Lender Services LLC, asOperating Advisor and Asset Representations Reviewer, Citibank, N.A., asCertificate Administrator and Wilmington Trust, National Association, asTrustee (filed as Exhibit 4.1 to the registrant’s Current Report on Form 8-K/Afiled on April 27, 2016 under Commission File No. 333-207567-01 andincorporated by reference herein).

4.6          Pooling and Servicing Agreement, dated as of May 1, 2016,by and among CCRE Commercial Mortgage Securities, L.P., as Depositor, WellsFargo Bank, National Association, as Master Servicer, Rialto Capital Advisors,LLC, as Special Servicer, U.S. Bank National Association, as Trustee,Certificate Administrator and Paying Agent, U.S. Bank National Association, asCustodian, Park Bridge Lender Services LLC, as Operating Advisor and ParkBridge Lender Services LLC, as Asset Representations Reviewer (filed as Exhibit4.1 to the registrant’s Current Report on Form 8-K filed on May 23, 2016 underCommission File No. 333-207567-01 and incorporated by reference herein).

4.7          Amended and Restated Co-Lender Agreement, dated as ofOctober 9, 2015, between Cantor Commercial Real Estate Lending, L.P., as NoteA-1A Holder and Note A-1B Holder and Goldman Sachs Mortgage Company, as NoteA-2A Holder and Note A-2B Holder (filed as Exhibit 4.5 to the registrant’sCurrent Report on Form 8-K filed on January 28, 2016 under Commission File No.333-207567-01 and incorporated by reference herein).

4.8          Co-Lender Agreement, dated as of January 28, 2016,between Cantor Commercial Real Estate Lending, L.P., as Note A-1 Holder andNote A-2 Holder (filed as Exhibit 4.9 to the registrant’s Current Report onForm 8-K filed on January 28, 2016 under Commission File No. 333-207567-01 andincorporated by reference herein).

4.9          Co-Lender Agreement, dated as of October 29, 2015, betweenCantor Commercial Real Estate Lending, L.P., as Note A-1 Holder, Note A-2Holder and Note A-3 Holder (filed as Exhibit 4.11 to the registrant’s CurrentReport on Form 8-K filed on January 28, 2016 under Commission File No.333-207567-01 and incorporated by reference herein).

4.10         Co-Lender Agreement, dated as of November 17, 2015,between Cantor Commercial Real Estate Lending, L.P., as Note A-1 Holder andNote A-2 Holder (filed as Exhibit 4.10 to the registrant’s Current Report onForm 8-K filed on January 28, 2016 under Commission File No. 333-207567-01 andincorporated by reference herein).

4.11         Amended and Restated Co-Lender Agreement, dated as of May5, 2016, between Wilmington Trust, National Association, as Trustee, for thebenefit of the Holders of COMM 2016-CCRE28 Mortgage Trust Commercial MortgagePass-Through Certificates, Series 2016-CCRE28, as Note A-1 Holder, WilmingtonTrust, National Association, as Trustee, for the benefit of the Holders ofCFCRE 2016-C3 Mortgage Trust Commercial Mortgage Pass-Through Certificates, Series2016-C3, as Note A-2 Holder, Cantor Commercial Real Estate Lending, L.P., asNote A-3 Holder, Cantor Commercial Real Estate Lending, L.P., as Note A-4-1Holder and Cantor Commercial Real Estate Lending, L.P., as Note A-4-2 Holder(filed as Exhibit 4.2 to the registrant’s Current Report on Form 8-K filed onMay 23, 2016 under Commission File No. 333-207567-01 and incorporated byreference herein).

4.12         Agreement Between Note Holders, dated as of December 23,2015, by and between Société Générale, as Initial Note A-1 Holder, InitialNote A-2 Holder, Initial Note A-3 Holder, Initial Note A-4Holder, and Initial Note A-5 Holder (filed as Exhibit 4.6 to theregistrant’s Current Report on Form 8-K filed on January 28, 2016 underCommission File No. 333-207567-01 and incorporated by reference herein).

4.13         Co-Lender Agreement, dated as of January 28, 2016,between Cantor Commercial Real Estate Lending, L.P., as Note A-1 Holder, NoteA-2 Holder and Note A-3 Holder (filed as Exhibit 4.8 to the registrant’sCurrent Report on Form 8-K filed on January 28, 2016 under Commission File No.333-207567-01 and incorporated by reference herein).

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

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

33.1        Wells Fargo Bank, National Association, as MasterServicer

33.2        CWCapital Asset Management LLC, as Special Servicer

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

33.4        Wells Fargo Bank, National Association, asCertificate Administrator

33.5        Wells Fargo Bank, National Association, asCustodian

33.6        Park Bridge Lender Services LLC, as OperatingAdvisor

33.7        CoreLogic Solutions, LLC, as Servicing FunctionParticipant

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

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

33.10      Berkeley Point Capital LLC d/b/a Newmark, asPrimary Servicer

33.11      PGIM Real Estate Loan Services, Inc. (formerlyknown as Prudential Asset Resources, Inc.), as Primary Servicer

33.12      CoreLogic Solutions, LLC, as Servicing FunctionParticipant for PGIM Real Estate Loan Services, Inc. (formerly known asPrudential Asset Resources, Inc.) (see Exhibit 33.7)

33.13      Berkeley Point Capital LLC d/b/a Newmark, asPrimary Servicer of the Element LA Mortgage Loan (see Exhibit 33.10)

33.14      CWCapital Asset Management LLC, as Special Servicerof the Element LA Mortgage Loan (see Exhibit 33.2)

33.15      Wilmington Trust, National Association, as Trustee of the Element LA MortgageLoan (Omitted. See Explanatory Notes.)

33.16      Wells Fargo Bank, National Association, asCustodian of the Element LA Mortgage Loan (see Exhibit 33.5)

33.17      Park Bridge Lender Services LLC, as OperatingAdvisor of the Element LA Mortgage Loan (see Exhibit 33.6)

33.18      Computershare Trust Company, National Association,as Servicing Function Participant for the Custodian (see Exhibit 33.9)

33.19      Wells Fargo Bank, National Association, as PrimaryServicer of the One Commerce Plaza Mortgage Loan (see Exhibit 33.1)

33.20      CWCapital Asset Management LLC, as Special Servicerof the One Commerce Plaza Mortgage Loan (see Exhibit 33.2)

33.21      Wilmington Trust, National Association, as Trustee of the One Commerce PlazaMortgage Loan (Omitted. See Explanatory Notes.)

33.22      Wells Fargo Bank, National Association, as Custodianof the One Commerce Plaza Mortgage Loan (see Exhibit 33.5)

33.23      Park Bridge Lender Services LLC, as OperatingAdvisor of the One Commerce Plaza Mortgage Loan (see Exhibit 33.6)

33.24      CoreLogic Solutions, LLC, as Servicing FunctionParticipant of the One Commerce Plaza Mortgage Loan (see Exhibit 33.7)

33.25      Computershare Trust Company, National Association,as Servicing Function Participant for the Custodian (see Exhibit 33.9)

33.26      Berkeley Point Capital LLC d/b/a Newmark, asPrimary Servicer of the NMS Los Angeles Multifamily Portfolio Mortgage Loan(see Exhibit 33.10)

33.27      Rialto Capital Advisors, LLC, as Special Servicerof the NMS Los Angeles Multifamily Portfolio Mortgage Loan

33.28      Wells Fargo Bank, National Association, as Trustee of the NMS Los AngelesMultifamily Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)

33.29      Wells Fargo Bank, National Association, asCustodian of the NMS Los Angeles Multifamily Portfolio Mortgage Loan (seeExhibit 33.5)

33.30      Park Bridge Lender Services LLC, as OperatingAdvisor of the NMS Los Angeles Multifamily Portfolio Mortgage Loan (see Exhibit33.6)

33.31      Computershare Trust Company, National Association, asServicing Function Participant for the Custodian (see Exhibit 33.9)

33.32      Wells Fargo Bank, National Association, as PrimaryServicer of the Springfield Mall Mortgage Loan (see Exhibit 33.1)

33.33      LNR Partners, LLC, as Special Servicer of the Springfield Mall Mortgage Loan(Omitted. See Explanatory Notes.)

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

33.35      Wells Fargo Bank, National Association, asCustodian of the Springfield Mall Mortgage Loan (see Exhibit 33.5)

33.36      Park Bridge Lender Services LLC, as OperatingAdvisor of the Springfield Mall Mortgage Loan (see Exhibit 33.6)

33.37      CoreLogic Solutions, LLC, as Servicing FunctionParticipant of the Springfield Mall Mortgage Loan (see Exhibit 33.7)

33.38      Computershare Trust Company, National Association,as Servicing Function Participant for the Custodian (see Exhibit 33.9)

33.39      Wells Fargo Bank, National Association, as PrimaryServicer of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit 33.1)

33.40      CWCapital Asset Management LLC, as Special Servicerof the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit 33.2)

33.41      Wilmington Trust, National Association, as Trustee of the AG Life Time FitnessPortfolio Mortgage Loan (Omitted. See Explanatory Notes.)

33.42      Wells Fargo Bank, National Association, asCustodian of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit33.5)

33.43      Park Bridge Lender Services LLC, as OperatingAdvisor of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit 33.6)

33.44      CoreLogic Solutions, LLC, as Servicing FunctionParticipant of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit33.7)

33.45      Computershare Trust Company, National Association,as Servicing Function Participant for the Custodian (see Exhibit 33.9)

33.46      Wells Fargo Bank, National Association, as PrimaryServicer of the Empire Mall Mortgage Loan (see Exhibit 33.1)

33.47      Greystone Servicing Company LLC (as successor toC-III Asset Management LLC), as Special Servicer of the Empire Mall MortgageLoan

33.48      Wilmington Trust, National Association, as Trustee of the Empire Mall MortgageLoan (Omitted. See Explanatory Notes.)

33.49      Citibank, N.A., as Custodian of the Empire MallMortgage Loan

33.50      Park Bridge Lender Services LLC, as OperatingAdvisor of the Empire Mall Mortgage Loan (see Exhibit 33.6)

33.51      CoreLogic Solutions, LLC, as Servicing FunctionParticipant of the Empire Mall Mortgage Loan (see Exhibit 33.7)

33.52      U.S. Bank National Association, as ServicingFunction Participant of the Empire Mall Mortgage Loan

33.53      Berkeley Point Capital LLC d/b/a Newmark, asPrimary Servicer of the 215 West 34th Street & 218 West 35th StreetMortgage Loan (see Exhibit 33.10)

33.54      Rialto Capital Advisors, LLC, as Special Servicerof the 215 West 34th Street & 218 West 35th Street Mortgage Loan (seeExhibit 33.27)

33.55      U.S. Bank National Association, as Trustee of the 215West 34th Street & 218 West 35th Street Mortgage Loan prior to October 17,2022

33.56      U.S. Bank Trust Company, National Association, asTrustee of the 215 West 34th Street & 218 West 35th Street Mortgage Loan onand after October 17, 2022 (see Exhibit 33.55)

33.57      U.S. Bank National Association, as Custodian ofthe 215 West 34th Street & 218 West 35th Street Mortgage Loan (see Exhibit33.55)

33.58      Park Bridge Lender Services LLC, as OperatingAdvisor of the 215 West 34th Street & 218 West 35th Street Mortgage Loan(see Exhibit 33.6)

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

34.1        Wells Fargo Bank, National Association, as MasterServicer

34.2        CWCapital Asset Management LLC, as Special Servicer

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

34.4        Wells Fargo Bank, National Association, asCertificate Administrator

34.5        Wells Fargo Bank, National Association, asCustodian

34.6        Park Bridge Lender Services LLC, as OperatingAdvisor

34.7        CoreLogic Solutions, LLC, as Servicing FunctionParticipant

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

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

34.10      Berkeley Point Capital LLC d/b/a Newmark, asPrimary Servicer

34.11      PGIM Real Estate Loan Services, Inc. (formerlyknown as Prudential Asset Resources, Inc.), as Primary Servicer

34.12      CoreLogic Solutions, LLC, as Servicing FunctionParticipant for PGIM Real Estate Loan Services, Inc. (formerly known asPrudential Asset Resources, Inc.) (see Exhibit 34.7)

34.13      Berkeley Point Capital LLC d/b/a Newmark, asPrimary Servicer of the Element LA Mortgage Loan (see Exhibit 34.10)

34.14      CWCapital Asset Management LLC, as Special Servicerof the Element LA Mortgage Loan (see Exhibit 34.2)

34.15      Wilmington Trust, National Association, as Trustee of the Element LA MortgageLoan (Omitted. See Explanatory Notes.)

34.16      Wells Fargo Bank, National Association, asCustodian of the Element LA Mortgage Loan (see Exhibit 34.5)

34.17      Park Bridge Lender Services LLC, as OperatingAdvisor of the Element LA Mortgage Loan (see Exhibit 34.6)

34.18      Computershare Trust Company, National Association,as Servicing Function Participant for the Custodian (see Exhibit 34.9)

34.19      Wells Fargo Bank, National Association, as PrimaryServicer of the One Commerce Plaza Mortgage Loan (see Exhibit 34.1)

34.20      CWCapital Asset Management LLC, as Special Servicerof the One Commerce Plaza Mortgage Loan (see Exhibit 34.2)

34.21      Wilmington Trust, National Association, as Trustee of the One Commerce PlazaMortgage Loan (Omitted. See Explanatory Notes.)

34.22      Wells Fargo Bank, National Association, asCustodian of the One Commerce Plaza Mortgage Loan (see Exhibit 34.5)

34.23      Park Bridge Lender Services LLC, as OperatingAdvisor of the One Commerce Plaza Mortgage Loan (see Exhibit 34.6)

34.24      CoreLogic Solutions, LLC, as Servicing FunctionParticipant of the One Commerce Plaza Mortgage Loan (see Exhibit 34.7)

34.25      Computershare Trust Company, National Association,as Servicing Function Participant for the Custodian (see Exhibit 34.9)

34.26      Berkeley Point Capital LLC d/b/a Newmark, asPrimary Servicer of the NMS Los Angeles Multifamily Portfolio Mortgage Loan(see Exhibit 34.10)

34.27      Rialto Capital Advisors, LLC, as Special Servicerof the NMS Los Angeles Multifamily Portfolio Mortgage Loan

34.28      Wells Fargo Bank, National Association, as Trustee of the NMS Los AngelesMultifamily Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)

34.29      Wells Fargo Bank, National Association, asCustodian of the NMS Los Angeles Multifamily Portfolio Mortgage Loan (seeExhibit 34.5)

34.30      Park Bridge Lender Services LLC, as OperatingAdvisor of the NMS Los Angeles Multifamily Portfolio Mortgage Loan (see Exhibit34.6)

34.31      Computershare Trust Company, National Association,as Servicing Function Participant for the Custodian (see Exhibit 34.9)

34.32      Wells Fargo Bank, National Association, as PrimaryServicer of the Springfield Mall Mortgage Loan (see Exhibit 34.1)

34.33      LNR Partners, LLC, as Special Servicer of the Springfield Mall Mortgage Loan(Omitted. See Explanatory Notes.)

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

34.35      Wells Fargo Bank, National Association, asCustodian of the Springfield Mall Mortgage Loan (see Exhibit 34.5)

34.36      Park Bridge Lender Services LLC, as OperatingAdvisor of the Springfield Mall Mortgage Loan (see Exhibit 34.6)

34.37      CoreLogic Solutions, LLC, as Servicing FunctionParticipant of the Springfield Mall Mortgage Loan (see Exhibit 34.7)

34.38      Computershare Trust Company, National Association,as Servicing Function Participant for the Custodian (see Exhibit 34.9)

34.39      Wells Fargo Bank, National Association, as PrimaryServicer of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit 34.1)

34.40      CWCapital Asset Management LLC, as Special Servicerof the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit 34.2)

34.41      Wilmington Trust, National Association, as Trustee of the AG Life Time FitnessPortfolio Mortgage Loan (Omitted. See Explanatory Notes.)

34.42      Wells Fargo Bank, National Association, asCustodian of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit34.5)

34.43      Park Bridge Lender Services LLC, as OperatingAdvisor of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit 34.6)

34.44      CoreLogic Solutions, LLC, as Servicing Function Participantof the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit 34.7)

34.45      Computershare Trust Company, National Association,as Servicing Function Participant for the Custodian (see Exhibit 34.9)

34.46      Wells Fargo Bank, National Association, as PrimaryServicer of the Empire Mall Mortgage Loan (see Exhibit 34.1)

34.47      Greystone Servicing Company LLC (as successor toC-III Asset Management LLC), as Special Servicer of the Empire Mall MortgageLoan

34.48      Wilmington Trust, National Association, as Trustee of the Empire Mall MortgageLoan (Omitted. See Explanatory Notes.)

34.49      Citibank, N.A., as Custodian of the Empire MallMortgage Loan

34.50      Park Bridge Lender Services LLC, as OperatingAdvisor of the Empire Mall Mortgage Loan (see Exhibit 34.6)

34.51      CoreLogic Solutions, LLC, as Servicing FunctionParticipant of the Empire Mall Mortgage Loan (see Exhibit 34.7)

34.52      U.S. Bank National Association, as ServicingFunction Participant of the Empire Mall Mortgage Loan

34.53      Berkeley Point Capital LLC d/b/a Newmark, asPrimary Servicer of the 215 West 34th Street & 218 West 35th StreetMortgage Loan (see Exhibit 34.10)

34.54      Rialto Capital Advisors, LLC, as Special Servicerof the 215 West 34th Street & 218 West 35th Street Mortgage Loan (seeExhibit 34.27)

34.55      U.S. Bank National Association, as Trustee of the215 West 34th Street & 218 West 35th Street Mortgage Loan prior to October17, 2022

34.56      U.S. Bank Trust Company, National Association, asTrustee of the 215 West 34th Street & 218 West 35th Street Mortgage Loan onand after October 17, 2022 (see Exhibit 34.55)

34.57      U.S. Bank National Association, as Custodian ofthe 215 West 34th Street & 218 West 35th Street Mortgage Loan (see Exhibit34.55)

34.58      Park Bridge Lender Services LLC, as OperatingAdvisor of the 215 West 34th Street & 218 West 35th Street Mortgage Loan(see Exhibit 34.6)

35           Servicer compliance statements.

35.1        Wells Fargo Bank, National Association, as MasterServicer

35.2        CWCapital Asset Management LLC, as Special Servicer

35.3        Wells Fargo Bank, National Association, asCertificate Administrator

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

35.5        Berkeley Point Capital LLC d/b/a Newmark, asPrimary Servicer

35.6        PGIM Real Estate Loan Services, Inc. (formerlyknown as Prudential Asset Resources, Inc.), as Primary Servicer

35.7        Berkeley Point Capital LLC d/b/a Newmark, asPrimary Servicer of the Element LA Mortgage Loan (see Exhibit 35.5)

35.8        CWCapital Asset Management LLC, as Special Servicerof the Element LA Mortgage Loan (see Exhibit 35.2)

35.9        Wells Fargo Bank, National Association, as PrimaryServicer of the One Commerce Plaza Mortgage Loan (see Exhibit 35.1)

35.10      CWCapital Asset Management LLC, as Special Servicerof the One Commerce Plaza Mortgage Loan (see Exhibit 35.2)

35.11      Berkeley Point Capital LLC d/b/a Newmark, asPrimary Servicer of the NMS Los Angeles Multifamily Portfolio Mortgage Loan

35.12      Rialto Capital Advisors, LLC, as Special Servicerof the NMS Los Angeles Multifamily Portfolio Mortgage Loan

35.13      Wells Fargo Bank, National Association, as PrimaryServicer of the Springfield Mall Mortgage Loan (see Exhibit 35.1)

35.14      LNR Partners, LLC, as Special Servicer of the Springfield Mall Mortgage Loan(Omitted. See Explanatory Notes.)

35.15      Wells Fargo Bank, National Association, as PrimaryServicer of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit 35.1)

35.16      CWCapital Asset Management LLC, as Special Servicerof the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit 35.2)

35.17      Wells Fargo Bank, National Association, as PrimaryServicer of the Empire Mall Mortgage Loan (see Exhibit 35.1)

35.18      Greystone Servicing Company LLC (as successor to C-III Asset Management LLC),as Special Servicer of the Empire Mall Mortgage Loan (Omitted. See ExplanatoryNotes.)

35.19      Berkeley Point Capital LLC d/b/a Newmark, asPrimary Servicer of the 215 West 34th Street & 218 West 35th Street MortgageLoan (see Exhibit 35.5)

35.20      Rialto Capital Advisors, LLC, as Special Servicerof the 215 West 34th Street & 218 West 35th Street Mortgage Loan (seeExhibit 35.12)

99.1         Mortgage Loan Purchase Agreement, dated as of January 1,2016, between CCRE Commercial Mortgage Securities, L.P. and Cantor CommercialReal Estate Lending, L.P. (filed as Exhibit 99.1 to the registrant’s CurrentReport on Form 8-K filed on January 28, 2016 under Commission File No.333-207567-01 and incorporated by reference herein).

99.2         Mortgage Loan Purchase Agreement, dated as of January 1,2016, between CCRE Commercial Mortgage Securities, L.P. and Société Générale(filed as Exhibit 99.2 to the registrant’s Current Report on Form 8-K filed onJanuary 28, 2016 under Commission File No. 333-207567-01 and incorporated byreference herein).

99.3         Mortgage Loan Purchase Agreement, dated as of January 1,2016, among CCRE Commercial Mortgage Securities, L.P., Liberty Island Group ILLC and Liberty Island Group LLC (filed as Exhibit 99.3 to the registrant’sCurrent Report on Form 8-K filed on January 28, 2016 under Commission File No.333-207567-01 and incorporated by reference herein).

99.4         Primary Servicing Agreement, dated as of January 1, 2016,between Wells Fargo Bank, National Association and Berkeley Point Capital LLC(filed as Exhibit 99.5 to the registrant’s Current Report on Form 8-K filed onJanuary 28, 2016 under Commission File No. 333-207567-01 and incorporated byreference herein).

99.5         Primary Servicing Agreement, dated as of January 1, 2016,between Wells Fargo Bank, National Association and Prudential Asset Resources,Inc. (filed as Exhibit 99.6 to the registrant’s Current Report on Form 8-Kfiled on January 28, 2016 under Commission File No. 333-207567-01 andincorporated by reference herein).

99.6         Primary Servicing Agreement, dated as of May 1, 2016, betweenWells Fargo Bank, National Association and Berkeley Point Capital LLC (filed asExhibit 99.1 to the registrant’s Current Report on Form 8-K filed on May 23,2016 under Commission File No. 333-207567-01 and incorporated by referenceherein).

(b)   The exhibits required to be filed by theRegistrant pursuant to Item 601 of Regulation S-K are listed above.

(c)    Not Applicable.

 

**SIGNATURES**

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

CCRE Commercial Mortgage Securities,L.P.(Depositor)

/s/ Jim Buccola

Jim Buccola, ExecutiveManaging Director

(senior officer in charge ofsecuritization of the depositor)

Date: March 17, 2023