**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: 333-257991-04**

**Central Index Key Number of the issuing entity:0001916018**

**Wells Fargo Commercial MortgageTrust 2022-C62**

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

** **

**Central Index Key Number of the depositor: 0000850779**

**Wells Fargo Commercial MortgageSecurities, Inc.**

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

** **

**Central Index Key Number of the sponsor: 0000740906**

**Wells Fargo Bank, NationalAssociation**

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

** **

**Central Index Key Number of the sponsor: 0001592182**

**LMF Commercial, LLC**

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

** **

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

**Argentic Real Estate Finance LLC**

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

** **

**Central Index Key Number of the sponsor: 0001722518**

**BSPRT CMBS Finance, LLC**

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

** **

**Central Index Key Number of the sponsor: 0001685185**

**UBS AG, acting through its branchlocated at 1285 Avenue of the Americas, New York, New York**

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

** **

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

**the issuing entity)** | **38-4209794**

**38-4209795**

**38-7290302**

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

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

**c/o Computershare Trust Company, 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:**

**(704) 374-6161**

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 smaller reportingcompany, 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                                                                                                       Acceleratedfiler                                     o

Non-acceleratedfiler          ⌧  (Do not check if asmaller reporting company)                          Smaller reportingcompany                    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 Pacific Castle Portfolio Mortgage Loan,which constituted approximately 8.4% of the asset pool of the issuing entity asof its cut-off date, is an asset of the issuing entity and is part of a loancombination that includes the Pacific Castle Portfolio Mortgage Loan and oneother *pari passu* loan, which is not an asset of the issuing entity. Thisloan combination, including the Pacific Castle Portfolio Mortgage Loan, isbeing 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 Hallmark Mortgage Loan, which constitutedapproximately 2.3% of the asset pool of the issuing entity as of its cut-offdate.  The Hallmark Mortgage Loan is an asset of the issuing entity and ispart of a loan combination that includes The Hallmark Mortgage Loan and oneother *pari passu* loan, which is not an asset of the issuing entity. Theother *pari passu* portion of the loan combination was securitized in theBBCMS Mortgage Trust 2022-C14 transaction, Commission File Number 333-257737-02(the “BBCMS 2022-C14 Transaction”). This loan combination, including TheHallmark Mortgage Loan, is being serviced and administered pursuant to thepooling and servicing agreement for the BBCMS 2022-C14 Transaction, which isincorporated by reference 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 GS Foods Portfolio Mortgage Loan, whichconstituted approximately 3.3% of the asset pool of the issuing entity as ofits cut-off date.  The GS Foods Portfolio Mortgage Loan is an asset of theissuing entity and is part of a loan combination that includes the GS FoodsPortfolio Mortgage Loan and one other *pari passu* loan, which is not anasset of the issuing entity. The other *pari passu* portion of the loancombination was securitized in the BANK 2022-BNK40 transaction, Commission FileNumber 333-257991-03 (the “BANK 2022-BNK40 Transaction”). This loancombination, including the GS Foods Portfolio Mortgage Loan, is being servicedand administered pursuant to the pooling and servicing agreement for the BANK2022-BNK40 Transaction, which is incorporated by reference as Exhibit 4.3 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 ILPT Logistics Portfolio Mortgage Loan,which constituted approximately 2.8% of the asset pool of the issuing entity asof its cut-off date.  The ILPT Logistics Portfolio Mortgage Loan is anasset of the issuing entity and is part of a loan combination that includes theILPT Logistics Portfolio Mortgage Loan, twelve other *pari passu* loansand five subordinate companion loans, which are not assets of the issuingentity. A *pari passu* portion of the loan combination was securitized inthe ILPT Commercial Mortgage Trust 2022-LPFX transaction (the “ILPT2022-LPFX Transaction”). This loan combination, including the ILPTLogistics Portfolio Mortgage Loan, is being serviced and administered pursuantto the trust and servicing agreement for the ILPT 2022-LPFX Transaction, whichis incorporated by reference as Exhibit 4.4 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 of the mortgage loans serviced under thePooling and Servicing Agreement and the primary servicer of the GS FoodsPortfolio Mortgage Loan. As a result, Wells Fargo Bank, National Association isa “servicer” as defined in Item 1108(a)(2)(iii) of Regulation AB, in thecapacities described above, because it is servicing mortgage loans thatconstituted 10% or more of the assets of the issuing entity as of its cut-offdate. The assessments of compliance with applicable servicing criteria, accountants’attestation reports and servicer compliance statements delivered by Wells FargoBank, National Association in the capacities described above are listed in theExhibit Index.

Computershare Trust Company,National Association is the custodian of the mortgage loans serviced under thePooling and Servicing Agreement, the GS Foods Portfolio Mortgage Loan, the ILPTLogistics Portfolio Mortgage Loan and The Hallmark Mortgage Loan.  As aresult, Computershare Trust Company, National Association is a servicingfunction participant in the capacities described above, because it is servicingmortgage loans that constituted 5% or more of the assets of the issuing entityas of its cut-off date. The assessments of compliance with applicable servicingcriteria and accountants’ attestation reports delivered by Computershare TrustCompany, National Association in the capacities described above are listed inthe Exhibit Index.

Park Bridge Lender Services LLC isthe operating advisor of the mortgage loans serviced under the Pooling andServicing Agreement, the ILPT Logistics Portfolio Mortgage Loan and TheHallmark Mortgage Loan.  As a result, Park Bridge Lender Services LLC 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 byPark Bridge Lender Services LLC in the capacities described above are listed inthe Exhibit Index.

Wilmington Trust, NationalAssociation acts as trustee of  the mortgage loans serviced under thePooling and Servicing Agreement, The Hallmark Mortgage Loan, the GS FoodsPortfolio Mortgage Loan and the ILPT Logistics Portfolio Mortgage Loan. Pursuant to the Pooling and Servicing Agreement, the pooling and servicingagreement for the BBCMS 2022-C14 Transaction, the pooling and servicingagreement for the BANK 2022-BNK40 Transaction and the trust and servicingagreement for the ILPT 2022-LPFX Transaction, the trustee is required toprovide an assessment of compliance with applicable servicing criteria solelywith respect to Item 1122(d)(2)(iii) of Regulation AB (regarding advances offunds or guarantees regarding collections, cash flows or distributions, and anyinterest or other fees charged for such advances, are made, reviewed andapproved as specified in the transaction agreements). However, during thereporting period, the trustee did not perform any servicing function withrespect to the servicing criteria specified in Item 1122(d)(2)(iii) ofRegulation AB.  The master servicer or the special servicer, to the extentrequired, performed the servicing function identified with respect to Item 1122(d)(2)(iii)of Regulation AB, and each such party included Item 1122(d)(2)(iii) ofRegulation AB in the assessment of compliance with applicable servicingcriteria and accountant’s attestation report for the subject transaction. As a result, this Annual Report on Form 10-K does not include an assessment ofcompliance with applicable servicing criteria of the trustee. One or more otherservicers of  the mortgage loans serviced under the Pooling and ServicingAgreement, The Hallmark Mortgage Loan, the GS Foods Portfolio Mortgage Loan andthe ILPT Logistics Portfolio Mortgage Loan have delivered one or moreassessments of compliance with respect to Item 1122(d)(2)(iii) of RegulationAB.

This Annual Report on Form 10-Kincludes assessments of compliance with applicable servicing criteria andaccountants’ attestation reports from CoreLogic Solutions, LLC.  Thisentity was engaged by the master servicer under the Pooling and ServicingAgreement and the primary servicer of the GS Foods Portfolio Mortgage Loan to remittax payments received from the escrow accounts of borrowers to local taxingauthorities, to report tax amounts due, to verify tax parcel information, andto verify non-escrow tax payments. These servicing functions are includedwithin the servicing criteria set forth in Items 1122(d)(4)(xi) and1122(d)(4)(xii) of Regulation AB.  Therefore, under the principles-baseddefinition of “servicer” set forth in Item 1101(j) of Regulation AB that looksto the functions that an entity performs, this vendor is a “servicer” for thepurposes of Item 1122 of Regulation AB.  *See* Compliance andDisclosure Interpretations, Section 301.01 (Item 1101(j)).

Theassessments of compliance with applicable servicing criteria, accountants’attestation reports and servicer compliance statements of the certificateadministrator of The Hallmark Mortgage Loan, the GS Foods Portfolio MortgageLoan and the ILPT Logistics Portfolio Mortgage Loan are omitted from thisAnnual Report on Form 10-K as the certificate administrator pursuant to the relatedpooling and servicing agreement or trust and servicing agreement does notperform any activities that address servicing criteria with respect to theissuing 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 Hallmark Mortgage Loan, the GS FoodsPortfolio Mortgage Loan and the ILPT Logistics Portfolio Mortgage Loan, (i) thereports on assessment of compliance with servicing criteria and attestationreports on assessment of compliance with servicing criteria of Midland LoanServices, a Division of PNC Bank, National Association as primary servicer andspecial servicer of The Hallmark Mortgage Loan, CWCapital Asset Management LLCas special servicer of the GS Foods Portfolio Mortgage Loan, PentalphaSurveillance LLC as operating advisor of the GS Foods Portfolio Mortgage Loan,Berkadia Commercial Mortgage LLC as primary servicer of the ILPT LogisticsPortfolio Mortgage Loan and Situs Holdings, LLC as special servicer of the ILPTLogistics Portfolio Mortgage Loan, listed on the Exhibit Index are omitted fromthis Annual Report on Form 10-K as they are not required to be included on thisAnnual Report on Form 10-K per Instruction 3 to Item 1122 of Regulation ABbecause they are parties performing activities that address servicing criteriarelating to 5% or less of the assets of the issuing entity; and (ii) theservicer compliance statements of Midland Loan Services, a Division of PNCBank, National Association as primary servicer and special servicer of TheHallmark Mortgage Loan, CWCapital Asset Management LLC as special servicer ofthe GS Foods Portfolio Mortgage Loan, Berkadia Commercial Mortgage LLC asprimary servicer of the ILPT Logistics Portfolio Mortgage Loan and SitusHoldings, LLC as special servicer of the ILPT Logistics Portfolio MortgageLoan, listed on the Exhibit Index are omitted from this Annual Report on Form10-K as they are not required by Item 1123 of Regulation AB to be included onthis Annual Report on Form 10-K because they are each an unaffiliated partythat 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,and Wells Fargo Bank, National Association, as trustee, certificateadministrator and custodian. 

From time totime, CWCapital Asset Management LLC, a Delaware limited liability company(“CWCAM”), is a party to lawsuits and other legal proceedings as part of itsduties as a special servicer (e.g., enforcement of loan obligations) and/orarising in the ordinary course of business. Other than as set forth in the followingparagraphs, there are currently no legal proceedings pending, and no legalproceedings known to be contemplated by governmental authorities, against CWCAMor of which any of its property is the subject, that are material to thecertificateholders. 

On December 17,2015, U.S. Bank National Association, the trustee under five pooling andservicing agreements for (i) Wachovia Bank Commercial Mortgage Trust 2007-C30,(ii) COBALT CMBS Commercial Trust 2007-C2, (iii) Wachovia Bank CommercialMortgage Trust 2007-C31, (iv) ML-CFC Commercial Mortgage Trust 2007-5 and (v)ML-CFC Commercial Mortgage Trust 2007-6 commenced a proceeding with the SecondJudicial District Court of Ramsey County, Minnesota (the “State Court”) for adeclaratory judgment as to the proper allocation of certain proceeds (“DisputedProceeds”) received by CWCAM in connection with the sale of the Peter CooperVillage and Stuyvesant Town property in New York, New York securing loans heldby those trusts.  CWCAM was the special servicer of such property. The petition requests the State Court to instruct the trustee, the trustbeneficiaries, and any other interested parties as to the amount of theDisputed Proceeds, if any, that constitute penalty interest and/or the amountof the Disputed Proceeds, if any, that constitute gain-on-sale proceeds, withrespect to each trust.  On February 24, 2016, CWCAM made a limitedappearance with the State Court to file a motion to dismiss this proceedingbased on lack of jurisdiction, mootness, standing and forum nonconveniens.  On July 19, 2016, the State Court denied CWCAM’s motion todismiss.  On July 22, 2016, the action was removed to federal court inMinnesota (“Federal Court”).  On October 21, 2016, the Federal Court helda hearing on the motion to transfer the action to the United States DistrictCourt for the Southern District of New York (“SDNY Court”), a motion to remandto state court and a motion to hear CWCAM’s request for reconsideration of themotion to dismiss.  On March 14, 2017, the Federal Court reserved thedetermination on the motion to hear CWCAM’s request for reconsideration of themotion to dismiss, denied the motion to remand the matter to state court andgranted the motion to transfer the proceeding to the SDNY Court.  Crossmotions for judgment on the pleadings were filed but the SDNY Court was unableto decide the case based on the pleadings and the SDNY Court ordereddiscovery.  All fact discovery was completed in December, 2018 and expertdiscovery was completed on March 15, 2019.  The parties submitted crossmotions for summary judgment, and on March 19, 2020, the SDNY Court entered anopinion and order in which it granted summary judgment in CWCAM’s favor andheld that CWCAM was entitled to the entire amount of penalty interest and thatCWCAM’s determination of Yield Maintenance was correct.  In the 127-pageopinion, the SDNY Court found for CWCAM on every issue presented by thetrustee’s petition, namely, that the funds in dispute constitute penaltyinterest and yield maintenance, not gain-on-sale proceeds, and that the amountof penalty interest and yield maintenance was correctly calculated. An appealof the SDNY Court’s decision was taken on April 29, 2020.  Oral argumenton the appeal occurred on June 21, 2021.  On July 14, 2022, the SecondCircuit entered a decision affirming in part and reversing in part the SDNYCourt’s decision and remanding to the SDNY Court for further proceedings. The Second Circuit affirmed the SDNY’s Court holding that Penalty Interest andYield Maintenance are paid before Gain-On-Sale Proceeds.  The SecondCircuit reversed and remanded for further proceedings that portion of the SDNYCourt’s decision related to approximately $67.2 million in interest onadvances.   On January 13, 2023, the parties entered into asettlement agreement, in which (among other things) they agreed to stipulatethat the amount of interest on advances that accrued on or before June 3, 2014is $27.5 million, and that CWCAM would pay that amount into escrow fordistribution to certificateholders upon the entry of an order by the Courtapproving the settlement.  U.S. Bank National Association, as Trustee forthe trusts, provided notice of the settlement to all parties in interest via anotice program approved by the Court.  A hearing on the settlement isscheduled for March 16, 2023.

On December 1,2017, a complaint against CWCAM and others was filed in the United StatesDistrict Court for the Southern District of New York styled as CWCapital CobaltVr Ltd. v. CWCapital Investments LLC, et al., No. 17-cv-9463 (the “OriginalComplaint”). The gravamen of the Original  Complaint alleged breaches of acontract and fiduciary duties by CWCAM’s affiliate, CWCapital Investments LLCin its capacity as collateral manager for the collateralized debt obligationtransaction involving CWCapital Cobalt Vr, Ltd. In total, there are 14 countspled in the Original Complaint. Of those 14, 5 claims were asserted againstCWCAM for aiding and abetting breach of fiduciary duty, conversion and unjustenrichment. On May 23, 2018, the Original Complaint was dismissed for lack ofsubject matter jurisdiction.   On June 28, 2018, CWCapital Cobalt VrLtd. filed a substantially similar complaint in the Supreme Court of the Stateof New York, County of New York styled as CWCapital Cobalt Vr Ltd. v. CWCapitalInvestments LLC, et al., Index No. 653277/2018 (the “New Complaint”).  Thegravamen of the New Complaint is thesameas the previous complaint filed in the United State District Court for theSouthern District of New York.  In total there are 16 counts pled in theNew Complaint. Of those 16 counts, 5 claims were asserted against CWCAM foraiding and abetting breach of fiduciary duty, conversion and unjust enrichment,1 count seeks a declaratory judgement that the plaintiff has the right toenforce the contracts in question and 1 count seeks an injunction requiring thedefendants to recognize the plaintiff as the directing holder for the trusts inquestion. On January 11, 2019, the plaintiff dismissed with prejudice thedeclaratory judgment and injunction counts.  The New Complaint and relatedsummons was not served on the defendants until July 13, 2018 and July 16,2018.  The plaintiff’s motion for a preliminary injunction was denied bythe court on July 31, 2018.  On August 3, 2018, the defendants, includingCWCAM, filed a motion to dismiss the New Complaint in its entirety. On August20, 2019, the court entered an order granting defendants’ motion almost in itsentirety, dismissing 11 of the 16 counts and partially dismissing 2 additionalcounts.  Of the remaining counts, 2 are asserted against CWCAM for aidingand abetting breach of fiduciary duty and unjust enrichment.  On September19, 2019, CWCapital Cobalt Vr Ltd. filed a notice of appeal relating to theAugust 20, 2019 dismissal order and on September 26, 2019, filed an amendedcomplaint against CWCI and CWCAM attempting to address deficiencies relating tocertain of the claims dismissed by the August 20, 2019 order.  CWCI andCWCAM filed its Motion to Dismiss the amended complaint on October 28,2019.  The court heard argument on the Motion to Dismiss the amendedcomplaint on January 22, 2020 and on October 23, 2020, the court granted themotion dismissing the amended claims.  On November 30, 2020, CWCapital CobaltVr Ltd filed a notice of appeal relating to the October 23, 2020 dismissalorder.  On April 27, 2021, the First Department affirmed the dismissal asto claims against CWCAM that were part of the August 20, 2019 dismissal, butreversed the dismissal of two counts for breach of the Collateral ManagementAgreement against CWCI.  CWCI sought leave to file an appeal of thedecision. The plaintiff also sought leave to appeal the dismissal of the claimsagainst CWCAM.  Both requests for leave were denied by the FirstDepartment.  On May 15, 2020, CWCI and CWCAM filed a motion to renew itsmotion to dismiss as to 4 of the remaining counts (including the remaining twocounts against CWCAM for aiding and abetting breach of fiduciary duty andunjust enrichment), based on a decision entered by Judge Failla in a trustinstruction proceeding  in the US District Court for the Southern Districtof New York awarding summary judgment in favor of CWCAM.  On September 7,2021, the court denied the motion to renew.  CWCI and CWCAM filed a noticeof appeal, which they perfected by the filing of their opening brief on July 1,2022.  On November 15, 2022, the First Department affirmed the court’sdenial of the motion to renew.  On October 1, 2021, CWCI and CWCAM movedto reargue the denial of the motion to renew (or alternatively, the motion todismiss) with respect to certain of Cobalt’s claims, including the remaining 2claims against CWCAM, based on the First Department’s April 27, 2021decision.  On March 24, 2022, the court denied the relief sought in themotion to reargue.  CWCI and CWCAM have appealed the court’s decision onthe motion to reargue and filed their opening brief on July 11, 2022.  Theappeal was dismissed as being non-appealable on August 30, 2022.  CWCAM believesthat it has performed its obligations under the related pooling and servicingagreements in good faith and the remaining allegations in the New Complaint arewithout merit.   

In December2014, Phoenix Light SF Limited (Phoenix Light) and certain related entitiesfiled a complaint in the United States District Court for the Southern Districtof New York alleging claims against Wells Fargo Bank, N.A., in its capacity astrustee for a number of residential mortgage-backed securities (RMBS) trusts.Complaints raising similar allegations have been filed by Commerzbank AG in theSouthern District of New York and by IKB International and IKB DeutscheIndustriebank in New York state court. In each case, the plaintiffs allege thatWells Fargo Bank, N.A., as trustee, caused losses to investors, and plaintiffsassert causes of action based upon, among other things, the trustee’s allegedfailure to notify and enforce repurchase obligations of mortgage loan sellersfor purported breaches of representations and warranties, notify investors ofalleged events of default, and abide by appropriate standards of care followingalleged events of default. In July 2022, the district court dismissed PhoenixLight’s claims and certain of the claims asserted by Commerzbank AG, andsubsequently entered judgment in each case in favor of Wells Fargo Bank, N.A.In August 2022, Phoenix Light and Commerzbank AG appealed the district court’sdecision to the United States Court of Appeals for the Second Circuit. TheCompany previously settled two class actions filed by institutional investorsand an action filed by the National Credit Union Administration with similarallegations. In addition, Park Royal I LLC and Park Royal II LLC have filedsubstantially similar lawsuits in New York state court alleging Wells FargoBank, N.A., as trustee, failed to take appropriate actions upon learning ofdefective mortgage loan 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 April 18, 2022 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 Exhibit AAto the Pooling and Servicing Agreement incorporated by reference as Exhibit 4.1to 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 Hallmark Mortgage Loan, which isbeing serviced and administered pursuant to the pooling and servicing agreementfor the BBCMS 2022-C14 Transaction, are attached hereto under Item 15 to thisAnnual Report on Form 10-K. Attached as Exhibit AA to the pooling and servicingagreement for the BBCMS 2022-C14 Transaction incorporated by reference asExhibit 4.2 to this Annual Report on Form 10-K is a chart identifying theentities participating in a servicing function for the BBCMS 2022-C14Transaction 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 GS Foods Portfolio Mortgage Loan,which is being serviced and administered pursuant to the pooling and servicingagreement for the BANK 2022-BNK40 Transaction, are attached hereto under Item15 to this Annual Report on Form 10-K. Attached as Exhibit AA to the poolingand servicing agreement for the BANK 2022-BNK40 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 BANK2022-BNK40 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 ILPT Logistics Portfolio MortgageLoan, which is being serviced and administered pursuant to the trust andservicing agreement for the ILPT 2022-LPFX Transaction, are attached heretounder Item 15 to this Annual Report on Form 10-K. Attached as Exhibit L to thetrust and servicing agreement for the ILPT 2022-LPFX Transaction incorporatedby reference as Exhibit 4.4 to this Annual Report on Form 10-K is a chartidentifying the entities participating in a servicing function for the ILPT2022-LPFX Transaction responsible for each applicable servicing criteria setforth 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 April 1,2022, between Wells Fargo Commercial Mortgage Securities, Inc., as Depositor,Wells Fargo Bank, National Association, as Master Servicer, Argentic ServicesCompany LP, as Special Servicer, Computershare Trust Company, NationalAssociation, as Certificate Administrator, Wilmington Trust, NationalAssociation, as Trustee, and Park Bridge Lender Services LLC, as OperatingAdvisor and as Asset Representations Reviewer (filed as Exhibit 4.1 to theregistrant’s Current Report on Form 8-K filed on April 18, 2022 underCommission File No. 333-257991-04 and incorporated by reference herein).

4.2          Pooling and Servicing Agreement, dated as of February 1,2022, between Barclays Commercial Mortgage Securities LLC, as Depositor,Midland Loan Services, a Division of PNC Bank, National Association, as MasterServicer, Midland Loan Services, a Division of PNC Bank, National Association,as Special Servicer, Computershare Trust Company, National Association, asCertificate Administrator, Wilmington Trust, National Association, as Trustee,and Park Bridge Lender Services LLC, as Operating Advisor and as AssetRepresentations Reviewer (filed as Exhibit 4.4 to the registrant’s CurrentReport on Form 8-K filed on April 18, 2022 under Commission File No. 333-257991-04and incorporated by reference herein).

4.3          Pooling and Servicing Agreement, dated as of March 1,2022, among Wells Fargo Commercial Mortgage Securities, Inc., as Depositor,Wells Fargo Bank, National Association, as General Master Servicer, CWCapitalAsset Management LLC, as General Special Servicer, National Cooperative Bank,N.A., as NCB Master Servicer and as NCB Special Servicer, Computershare TrustCompany, National Association, as Certificate Administrator, Wilmington Trust,National Association, as Trustee, and Pentalpha Surveillance LLC, as OperatingAdvisor and as Asset Representations Reviewer (filed as Exhibit 4.2 to the registrant’sCurrent Report on Form 8-K filed on April 18, 2022 under Commission File No.333-257991-04 and incorporated by reference herein).

4.4          Trust and Servicing Agreement, dated as of March 6, 2022,among Citigroup Commercial Mortgage Securities Inc., as Depositor, BerkadiaCommercial Mortgage LLC, as Servicer, Situs Holdings, LLC, as Special Servicer,Wilmington Trust, National Association, as Trustee, Computershare TrustCompany, National Association, as Certificate Administrator, and Park BridgeLender Services LLC, as Operating Advisor (filed as Exhibit 4.3 to theregistrant’s Current Report on Form 8-K filed on April 18, 2022 under CommissionFile No. 333-257991-04 and incorporated by reference herein).

4.5          Co-Lender Agreement, dated as of February 2, 2022, by andbetween SPREF WH IV LLC, as Initial Note A-1 Holder, SPREF WH IV LLC, asInitial Note A-2 Holder, SPREF WH IV LLC, as Initial Note A-3 Holder, and SPREFWH IV LLC, as Initial Note A-4 Holder (filed as Exhibit 4.5 to the registrant’sCurrent Report on Form 8-K filed on April 18, 2022 under Commission File No.333-257991-04 and incorporated by reference herein). 

4.6          Agreement Between Note Holders, dated as of March 10,2022, by and between Wells Fargo Bank, National Association, as Initial NoteA-1 Holder, and Wells Fargo Bank, National Association, as Initial Note A-2Holder (filed as Exhibit 4.6 to the registrant’s Current Report on Form 8-Kfiled on April 18, 2022 under Commission File No. 333-257991-04 andincorporated by reference herein).

4.7          Agreement Between Noteholders, dated as of March 6, 2022,by and among Citi Real Estate Funding Inc., asInitial Note A-1-A Holder, Initial Note A-2-A-1 Holderand Initial Note A-2-A-2 Holder, UBS AG, by and through its branch office at1285 Avenue of the Americas, New York, New York, as Initial Note A-1-B Holder,Initial Note A-2-B-1 Holder, Initial Note A-2-B-2 Holder and Initial NoteA-2-B-3 Holder, Bank of America, N.A., as Initial Note A-1-C Holder and InitialNote A-2-C Holder, Bank of Montreal, as Initial Note A-1-D Holder and InitialNote A-2-D Holder, Morgan Stanley Bank N.A., as Initial Note A-1-E Holder andInitial Note A-2-E Holder, Citi Real Estate Funding Inc., as Initial Note B-1Holder,  UBS AG, by and through its branch office at 1285 Avenue of theAmericas, New York, New York, as Initial Note B-2 Holder, Bank of America,N.A., as Initial Note B-3 Holder, Bank of Montreal, as Initial Note B-4 Holder,and Morgan Stanley Bank N.A., as Initial Note B-5 Holder (filed as Exhibit 4.7to the registrant’s Current Report on Form 8-K filed on April 18, 2022 underCommission File No. 333-257991-04 and incorporated by reference herein).

4.8          Co-Lender Agreement, dated as of February 23, 2022, byand between BSPRT CMBS Finance, LLC, as Initial Note A-1 Holder, and BSPRT CMBSFinance, LLC, as Initial Note A-2 Holder (filed as Exhibit 4.8 to theregistrant’s Current Report on Form 8-K filed on April 18, 2022 underCommission File No. 333-257991-04 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        Argentic Services Company LP, as Special Servicer

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

33.4        Computershare Trust Company, National Association,as Certificate Administrator

33.5        Computershare Trust Company, National Association,as Custodian

33.6        Park Bridge Lender Services LLC, as OperatingAdvisor

33.7        CoreLogic Solutions, LLC, as Servicing FunctionParticipant

33.8        Wells Fargo Bank, National Association, as PrimaryServicer of the Pacific Castle Portfolio Mortgage Loan (see Exhibit 33.1)

33.9        Argentic Services Company LP, as Special Servicerof the Pacific Castle Portfolio Mortgage Loan (see Exhibit 33.2)

33.10      Wilmington Trust, National Association, as Trustee of the Pacific CastlePortfolio Mortgage Loan (Omitted. See Explanatory Notes.)

33.11      Computershare Trust Company, National Association,as Custodian of the Pacific Castle Portfolio Mortgage Loan (see Exhibit 33.5)

33.12      Park Bridge Lender Services LLC, as Operating Advisorof the Pacific Castle Portfolio Mortgage Loan (see Exhibit 33.6)

33.13      CoreLogic Solutions, LLC, as Servicing FunctionParticipant of the Pacific Castle Portfolio Mortgage Loan (see Exhibit 33.7)

33.14      Midland Loan Services, a Division of PNC Bank, National Association, as PrimaryServicer of The Hallmark Mortgage Loan (Omitted. See Explanatory Notes.) 

33.15      Midland Loan Services, a Division of PNC Bank, National Association, as SpecialServicer of The Hallmark Mortgage Loan (Omitted. See Explanatory Notes.)

33.16      Wilmington Trust, National Association, as Trustee of The Hallmark MortgageLoan (Omitted. See Explanatory Notes.)

33.17      Computershare Trust Company, National Association,as Custodian of The Hallmark Mortgage Loan (see Exhibit 33.5)

33.18      Park Bridge Lender Services LLC, as OperatingAdvisor of The Hallmark Mortgage Loan (see Exhibit 33.6)

33.19      Wells Fargo Bank, National Association, as PrimaryServicer of the GS Foods Portfolio Mortgage Loan (see Exhibit 33.1)

33.20      CWCapital Asset Management LLC, as Special Servicer of the GS Foods PortfolioMortgage Loan (Omitted. See Explanatory Notes.)

33.21      Wilmington Trust, National Association, as Trustee of the GS Foods PortfolioMortgage Loan (Omitted. See Explanatory Notes.)

33.22      Computershare Trust Company, National Association,as Custodian of the GS Foods Portfolio Mortgage Loan (see Exhibit 33.5)

33.23      Pentalpha Surveillance LLC, as Operating Advisor of the GS Foods PortfolioMortgage Loan (Omitted. See Explanatory Notes.)

33.24      CoreLogic Solutions, LLC, as Servicing FunctionParticipant of the GS Foods Portfolio Mortgage Loan (see Exhibit 33.7)

33.25      Berkadia Commercial Mortgage LLC, as Primary Servicer of the ILPT LogisticsPortfolio Mortgage Loan (Omitted. See Explanatory Notes.) 

33.26      Situs Holdings, LLC, as Special Servicer of the ILPT Logistics PortfolioMortgage Loan (Omitted. See Explanatory Notes.)

33.27      Wilmington Trust, National Association, as Trustee of the ILPT Logistics PortfolioMortgage Loan (Omitted. See Explanatory Notes.)

33.28      Computershare Trust Company, National Association,as Custodian of the ILPT Logistics Portfolio Mortgage Loan (see Exhibit 33.5)

33.29      Park Bridge Lender Services LLC, as OperatingAdvisor of the ILPT Logistics Portfolio Mortgage Loan (see Exhibit 33.6)

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

34.1        Wells Fargo Bank, National Association, as MasterServicer

34.2        Argentic Services Company LP, as Special Servicer

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

34.4        Computershare Trust Company, National Association,as Certificate Administrator

34.5        Computershare Trust Company, National Association,as Custodian

34.6        Park Bridge Lender Services LLC, as OperatingAdvisor

34.7        CoreLogic Solutions, LLC, as Servicing FunctionParticipant

34.8        Wells Fargo Bank, National Association, as PrimaryServicer of the Pacific Castle Portfolio Mortgage Loan (see Exhibit 34.1)

34.9        Argentic Services Company LP, as Special Servicerof the Pacific Castle Portfolio Mortgage Loan (see Exhibit 34.2)

34.10      Wilmington Trust, National Association, as Trustee of the Pacific CastlePortfolio Mortgage Loan (Omitted. See Explanatory Notes.)

34.11      Computershare Trust Company, National Association,as Custodian of the Pacific Castle Portfolio Mortgage Loan (see Exhibit 34.5)

34.12      Park Bridge Lender Services LLC, as OperatingAdvisor of the Pacific Castle Portfolio Mortgage Loan (see Exhibit 34.6)

34.13      CoreLogic Solutions, LLC, as Servicing FunctionParticipant of the Pacific Castle Portfolio Mortgage Loan (see Exhibit 34.7)

34.14      Midland Loan Services, a Division of PNC Bank, National Association, as PrimaryServicer of The Hallmark Mortgage Loan (Omitted. See Explanatory Notes.) 

34.15      Midland Loan Services, a Division of PNC Bank, National Association, as SpecialServicer of The Hallmark Mortgage Loan (Omitted. See Explanatory Notes.)

34.16      Wilmington Trust, National Association, as Trustee of The Hallmark MortgageLoan (Omitted. See Explanatory Notes.)

34.17      Computershare Trust Company, National Association,as Custodian of The Hallmark Mortgage Loan (see Exhibit 34.5)

34.18      Park Bridge Lender Services LLC, as OperatingAdvisor of The Hallmark Mortgage Loan (see Exhibit 34.6)

34.19      Wells Fargo Bank, National Association, as PrimaryServicer of the GS Foods Portfolio Mortgage Loan (see Exhibit 34.1)

34.20      CWCapital Asset Management LLC, as Special Servicer of the GS Foods PortfolioMortgage Loan (Omitted. See Explanatory Notes.)

34.21      Wilmington Trust, National Association, as Trustee of the GS Foods PortfolioMortgage Loan (Omitted. See Explanatory Notes.)

34.22      Computershare Trust Company, National Association,as Custodian of the GS Foods Portfolio Mortgage Loan (see Exhibit 34.5)

34.23      Pentalpha Surveillance LLC, as Operating Advisor of the GS Foods PortfolioMortgage Loan (Omitted. See Explanatory Notes.)

34.24      CoreLogic Solutions, LLC, as Servicing FunctionParticipant of the GS Foods Portfolio Mortgage Loan (see Exhibit 34.7)

34.25      Berkadia Commercial Mortgage LLC, as Primary Servicer of the ILPT LogisticsPortfolio Mortgage Loan (Omitted. See Explanatory Notes.) 

34.26      Situs Holdings, LLC, as Special Servicer of the ILPT Logistics PortfolioMortgage Loan (Omitted. See Explanatory Notes.)

34.27      Wilmington Trust, National Association, as Trustee of the ILPT LogisticsPortfolio Mortgage Loan (Omitted. See Explanatory Notes.)

34.28      Computershare Trust Company, National Association,as Custodian of the ILPT Logistics Portfolio Mortgage Loan (see Exhibit 34.5)

34.29      Park Bridge Lender Services LLC, as OperatingAdvisor of the ILPT Logistics Portfolio Mortgage Loan (see Exhibit 34.6)

35           Servicer compliance statements.

35.1        Wells Fargo Bank, National Association, as MasterServicer

35.2        Argentic Services Company LP, as Special Servicer

35.3        Computershare Trust Company, National Association,as Certificate Administrator

35.4        Wells Fargo Bank, National Association, as PrimaryServicer of the Pacific Castle Portfolio Mortgage Loan (see Exhibit 35.1)

35.5        Argentic Services Company LP, as Special Servicerof the Pacific Castle Portfolio Mortgage Loan (see Exhibit 35.2)

35.6        Midland Loan Services, a Division of PNC Bank, National Association, as PrimaryServicer of The Hallmark Mortgage Loan (Omitted. See Explanatory Notes.) 

35.7        Midland Loan Services, a Division of PNC Bank, National Association, as SpecialServicer of The Hallmark Mortgage Loan (Omitted. See Explanatory Notes.)

35.8        Wells Fargo Bank, National Association, as PrimaryServicer of the GS Foods Portfolio Mortgage Loan (see Exhibit 35.1)

35.9        CWCapital Asset Management LLC, as Special Servicer of the GS Foods PortfolioMortgage Loan (Omitted. See Explanatory Notes.)

35.10      Berkadia Commercial Mortgage LLC, as Primary Servicer of the ILPT LogisticsPortfolio Mortgage Loan (Omitted. See Explanatory Notes.) 

35.11      Situs Holdings, LLC, as Special Servicer of the ILPT Logistics PortfolioMortgage Loan (Omitted. See Explanatory Notes.)

99.1        Mortgage Loan Purchase Agreement, dated as of April 4,2022, between Wells Fargo Bank, National Association, and Wells Fargo CommercialMortgage Securities, Inc. (filed as Exhibit 99.5 to the registrant’s CurrentReport on Form 8-K filed on April 18, 2022 under Commission File No.333-257991-04 and incorporated by reference herein).

99.2        Mortgage Loan Purchase Agreement, dated as of April 4,2022, between LMF Commercial, LLC, and Wells Fargo Commercial MortgageSecurities, Inc. (filed as Exhibit 99.1 to the registrant’s Current Report onForm 8-K filed on April 18, 2022 under Commission File No. 333-257991-04 andincorporated by reference herein).

99.3        Mortgage Loan Purchase Agreement, dated as of April 4,2022, between Argentic Real Estate Finance LLC and Wells Fargo CommercialMortgage Securities, Inc. (filed as Exhibit 99.2 to the registrant’s CurrentReport on Form 8-K filed on April 18, 2022 under Commission File No.333-257991-04 and incorporated by reference herein).

99.4        Mortgage Loan Purchase Agreement, dated as of April 4,2022, among BSPRT CMBS Finance, LLC, Franklin BSP Realty Trust, Inc. and WellsFargo Commercial Mortgage Securities, Inc. (filed as Exhibit 99.3 to theregistrant’s Current Report on Form 8-K filed on April 18, 2022 underCommission File No. 333-257991-04 and incorporated by reference herein).

99.5        Mortgage Loan Purchase Agreement, dated as of April 4,2022, between UBS AG, by and through its branch office at 1285 Avenue of theAmericas, New York, New York, and Wells Fargo Commercial Mortgage Securities,Inc. (filed as Exhibit 99.4 to the registrant’s Current Report on Form 8-Kfiled on April 18, 2022 under Commission File No. 333-257991-04 andincorporated by reference herein).

 (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.

Wells Fargo Commercial MortgageSecurities, Inc.(Depositor)

/s/ AnthonySfarra

AnthonySfarra, President

(senior officer in charge ofsecuritization of the depositor)

Date: March 14, 2023