(logo) **ARBOR**

** **

 

**Management’s Report on Assessment of Compliance**

 

**with SEC Regulation AB Servicing Criteria**

** **

1.       Arbor Multifamily Lending, LLC (the“Company”) is responsible for assessing compliance with the servicing criteriaapplicable to it under paragraph (d) of Item 1122 of Regulation AB as set forthon Appendix A, as of and for the period ending December 31, 2023 (the“Reporting Period”). The transactions covered by this report include CommercialMortgage-Backed Securities’ loans within the asset pools as specified inAppendix B for which the Company acted as servicer (the “Platform”).

 

2.       Except as set forth in paragraph 5below, the Company used the criteria set forth in paragraph (d) of Item 1122 ofRegulation AB to assess the compliance with the applicable servicing criteria.

 

3.       With respect to applicableservicing criteria 1122(d)(2)(iii), 1122(d)(4)(iii), 1122(d)(4)(vi),1122(d)(4)(viii)-(ix), 1122(d)(4)(xii) and 1122(d)(4)(xiv), there were notransactions related to the Platform that would require the Company to performservicing activities relevant to the criteria during the Reporting Period.

 

4.       The Company has engaged certainunrelated third-party vendors (the “Vendors”), none of whom are considered a“servicer” as defined in Item 1101(j) of Regulation AB, to perform specificactivities and the Company elects to take responsibility for assessingcompliance with the servicing criteria or portion of the servicing criteriaapplicable to such Vendors’ activities as identified in Appendix A hereto. TheCompany has policies and procedures in place designed to provide reasonableassurance that the Vendors’ activities comply in all material respects with theservicing criteria applicable to such Vendors.

 

5.       The Company has complied, in allmaterial respects, with the applicable servicing criteria as of and for the ReportingPeriod with respect to the Platform taken as a whole.

 

6.       The criteria listed in the columntitled “Inapplicable Servicing Criteria” in Appendix A hereto are inapplicableto the Company based on the activities it performed, directly or through itsVendors, with respect to the Platform for the Reporting Period.

 

7.       Ernst & Young LLP, anindependent registered public accounting firm, has issued an attestation reporton the Company’s assessment of compliance with the applicable servicingcriteria for the Reporting Period.

 

 

Dated: February 15, 2024

 

Arbor Multifamily Lending, LLC

 

 

B: /s/ Charles Marino

Name: Charles Marino

Title: Managing Director,Servicing and Agency Asset Management

 

 

333 Earle Ovington Blvd. • Suite 900 • Uniondale, NY11553-3617 • 516.506.4200

 

 

Appendix A

 

| **SERVICING********CRITERIA**                                           | **APPLICABLE********SERVICING****CRITERIA**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | **INAPPLICABLE****SERVICING********CRITERIA**                   |
|-------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------|
|  

 

 

**Reference**                                   |  

 

 

**Criteria**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  

 

**Performed****directly by the********Company** | **Performed********by Vendor(s)********for  which the Company is****the****Responsible Party** | **Performed********by Vendor(s)********for  which the Company is the NOT****Responsible  Party** |  

**NOT********performed by********the********Company or  Vendor(s) retained by the****Company** |
| **General********Servicing****Considerations**                          |
|  

1122(d)(1)(i)                                                   | Policies  and procedures are instituted to monitor any performance or other triggers  andeventsofdefaultinaccordancewiththe transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |  

X                                                       |   |   |   |
|  

 

1122(d)(1)(ii)                                          | If any material servicing activities are outsourced to third parties,  policies and proceduresareinstitutedtomonitorthethird party's performance and compliance with such servicing  activities.                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |  

 

X                                               |   |   |   |
|  

1122(d)(1)(iii)                                                 | Any requirements in the transaction agreementstomaintainaback-upservicer for the pool assets are  maintained.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |                                                            |   |   |  

X |
|  

 

1122(d)(1)(iv)                                          | A fidelity bond and errors and omissions policyisineffectonthepartyparticipating in the servicing function throughout the reportingperiodintheamountofcoverage required by and  otherwise in accordance with the terms of the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                       |  

 

X                                               |   |   |   |
|  

 

1122(d)(1)(v)                                           | Aggregationofinformation,asapplicable,is mathematicallyaccurateandtheinformation  conveyed accurately reflects the information.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |  

X                                                       |   |   |   |
| **Cash********Collection********and********Administration**             |
|  

 

 

1122(d)(2)(i)                                   | Payments  on mortgage loans are deposited intotheappropriatecustodialbankaccounts and related bank clearing  accounts no more thantwobusinessdaysfollowingreceipt,or suchothernumberofdaysspecifiedinthe transaction  agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                           |  

 

X                                               |   |   |   |
|  

1122(d)(2)(ii)                                                  | Disbursementsmadeviawiretransferon behalf ofan  obligororto an investor are made only by authorized personnel.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                            |   |   |  

X |
|  

 

1122(d)(2)(iii)                                         | Advances  of funds or guarantees regarding collections, cash flowsor distributions, and any interest or  other fees charged for such advances,aremade,reviewedandapproved as specified in the transaction  agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                      |  

 

X                                               |   |   |   |
|  

 

1122(d)(2)(iv)                                          | The related accounts for the transaction, suchascashreserveaccountsoraccounts established as a form of  overcollateralization, are separately maintained (e.g., with respect to  commingling of cash) as set forth in the transactionagreements.                                                                                                                                                                                                                                                                                                                                                                                                                            |  

 

 

X                                       |   |   |   |
|  

 

 

1122(d)(2)(v)                                   | Each custodial account is maintained at a federally insured depository  institution as set forth in the transaction agreements. For purposesofthiscriterion,"federallyinsured  depository institution" with respect to a foreignfinancialinstitutionmeansaforeign financial  institution that meets the requirementsofRule13k-1(b)(1)ofthe Securities Exchange Act.                                                                                                                                                                                                                                                                                               |  

 

 

X                                       |   |   |   |
|  

1122(d)(2)(vi)                                                  | Unissuedchecksaresafeguardedsoasto prevent unauthorized access.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | X                                                               |   |   |   |
|  

 

 

 

 

 

 

1122(d)(2)(vii) | Reconciliations  are prepared on a monthly basis for all asset- backed securities related bankaccounts,includingcustodialaccounts and related bank clearing accounts.  These reconciliations are (A) mathematically accurate; (B) prepared within 30  calendar daysafterthebankstatementcutoffdate,or such other number  of days specified in the transaction agreements; (C) reviewed and approvedbysomeoneotherthantheperson who prepared the reconciliation;  and (D) contain explanations for reconciling items. Thesereconcilingitemsareresolvedwithin 90 calendar days of their original identification,orsuchothernumberofdays specifiedinthetransaction agreements. |  

 

 

 

 

 

 

X       |   |   |   |
| **Investor********Remittances and********Reporting**                    |
|  

 

 

 

1122(d)(3)(i)                           | Reports to investors, including those to be filed with  the Commission, are maintained in accordance with the transaction agreements  and applicable Commission requirements.Specifically,suchreports:(A) Arepreparedinaccordancewithtimeframes and other terms set forth in the transaction agreements; (B)  Provide information calculated in accordance with the terms specified in the  transaction agreements; (C) Are filed with the Commission as required by its  rules and regulations; and (D) Agree with investors’ or the trustee’s records  as to the total unpaid principal balance and number of pool assets serviced  by the servicer.          |                                                            |   |   |  

 

 

 

 

 

 

X |
|  

1122(d)(3)(ii)                                                  | Amounts  due to investors are allocated and remitted in accordance with timeframes,  distributionpriorityandothertermssetforth in the  transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                            |   |   |  

 

X |
|  

1122(d)(3)(iii)                                                 | Disbursements  made to an investor are posted within two business days to the Servicer's  investor records, or such other numberofdaysspecifiedinthetransaction  agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                                                            |   |   |  

 

X |
|  

1122(d)(3)(iv)                                                  | Amounts remitted to investors  per the investorreportsagreewithcancelledchecks, or other form of payment, or  custodial bank statements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |                                                            |   |   |  

 

X |
| **Pool********Asset****Administration**                                 |
|  

1122(d)(4)(i)                                                   | Collateralorsecurityonmortgageloansis maintained as required by the transaction agreements or related  mortgage loan documents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |  

X                                                       |   |   |   |
|  

1122(d)(4)(ii)                                                  | Mortgageloansandrelateddocumentsare safeguardedasrequiredbythetransaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |                                                            |   |   |  

X |
|  

1122(d)(4)(iii)                                                 | Any  additions, removals or substitutions to the asset pool are made, reviewed and  approvedinaccordancewithanyconditions or requirements in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |  

 

X                                               |   |   |   |
|  

 

 

 

1122(d)(4)(iv)                          | Payments  on pool assets, including any payoffs,madeinaccordancewiththerelated pool asset  documents are posted to the Servicer's obligor records maintained no morethantwobusinessdaysafterreceipt,or such other number of days specified in the transaction agreements,  and allocated to principal, interest or other items (e.g., escrow) in  accordance with the related pool assetdocuments.                                                                                                                                                                                                                                                                          |  

 

 

 

X                               |   |   |   |
|  

1122(d)(4)(v)                                                   | The Servicer's records  regarding the pool assetsagreewiththeServicer'srecordswith respect to an obligor's unpaid principal balance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |  

X                                                       |   |   |   |
|  

 

1122(d)(4)(vi)                                          | Changes with respect to the terms or status of an  obligor's pool assets (e.g., loan modifications or re-agings) are made,  reviewed and approved by authorized personnelinaccordancewiththetransaction agreements and related pool  asset documents.                                                                                                                                                                                                                                                                                                                                                                                                                       |  

 

 

X                                       |   |   |   |
|  

 

 

1122(d)(4)(vii)                                 | Loss mitigation or recovery actions (e.g., forbearanceplans,modificationsanddeeds in lieu of foreclosure,  foreclosures and repossessions, as applicable) are initiated, conducted and  concluded in accordance withthetimeframesorotherrequirements establishedbythetransactionagreements.                                                                                                                                                                                                                                                                                                                                                                                 |                                                            |   |   |  

 

X |
|  

 

 

 

 

1122(d)(4)(viii)                | Records  documenting collection efforts are maintained during the period a pool asset  is delinquent in accordance with thetransaction  agreements. Such records are maintained on at least a monthly basis, or suchotherperiodspecifiedinthetransaction agreements, and describe the  entity's activities in monitoring delinquent pool assets including, for  example, phone calls, letters and payment rescheduling plans in cases where  delinquency is deemed temporary(e.g.,illnessorunemployment).                                                                                                                                                                   |  

 

 

 

 

X                       |   |   |   |
|  

1122(d)(4)(ix)                                                  | Adjustments  to interest rates or rates of returnforpoolassetswithvariableratesare computed based on the related pool  asset documents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |  

X                                                       |   |   |   |
|  

 

 

 

 

1122(d)(4)(x)                   | Regarding any funds held in trust for an obligor(such as escrow accounts): (A) such  funds are analyzed, in accordance with the obligor's mortgage loan documents,  on at least an annual basis, or such other period specified in the  transaction agreements; (B) interestonsuchfundsispaid,orcredited,to obligors in accordance with  applicable pool asset documents and state laws; and (C)suchfundsarereturnedtotheobligorwithin 30 calendar days of full repayment of the related pool  assets, or such other number of daysspecifiedinthetransactionagreements.                                                                                                     |  

 

 

 

 

 

X               |   |   |   |
|  

 

 

 

1122(d)(4)(xi)                          | Payments made on behalf of an obligor (such as tax or  insurance payments) are made on or before the related penalty or expiration dates,  as indicated on the appropriate bills or notices for such payments,providedthatsuchsupporthas been received by the Servicer at least 30 calendardayspriortothesedates,orsuch other number of days specified in  the transactionagreements.                                                                                                                                                                                                                                                                                       |  

 

 

 

X                               |  

 

 

 

X(1) |   |   |
|  

 

 

1122(d)(4)(xii)                                 | Any late payment penalties in connection with any  payment to be made on behalf of anobligorarepaidfromtheServicer'sfunds and not charged to the obligor,  unless the latepaymentwasduetotheobligor'serror or omission.                                                                                                                                                                                                                                                                                                                                                                                                                                                     |  

 

X                                               |   |   |   |
|  

 

1122(d)(4)(xiii)                                        | Disbursementsmadeonbehalfofanobligor are posted within two business  days to the obligor'srecordsmaintainedbytheServicer, or such other number of days  specified in thetransactionagreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |  

 

X                                               |   |   |   |
|  

1122(d)(4)(xiv)                                                 | Delinquencies,charge-offsanduncollectible  accounts are recognized and recorded in accordancewith thetransactionagreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |  

X                                                       |   |   |   |
|  

 

1122(d)(4)(xv)                                          | Anyexternalenhancementorothersupport, identified in Item 1114(a)(1)  through (3) or Item 1115 of Regulation AB, is maintained as set forth in the  transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |                                                            |   |   |  

X |

 

(1)The Vendor,CoreLogic Solutions, LLC, provided a separate Reg AB1122(d) attestation for their tax payment activities as theyrelate to the criteria 1122(d)(4)(xi).

 

AppendixB

 

| **Asset********Pools**                                                                   | **Reporting********Period**          |
|------------------------------------------------------------------------------------------|--------------------------------------|
| BMO2023-C4MortgageTrustCommercial

MortgagePass-ThroughCertificatesSeries 2023-C4        | February1,2023–December31,2023 |
| BMO 2023-C5 Mortgage Trust Commercial Mortgage  Pass-Through Certificates Series 2023-C5 | June1,2023–December31,2023     |
| BBCMSMortgageTrust2023-C19, CommercialMortgagePass-Through Certificates, Series 2023-C19 | April1,2023–December31,2023    |