**UNITED STATESSECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-K**

(Mark One)

**x****ANNUAL REPORT PURSUANT TO SECTION 13 OR15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

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

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

**For the transition period from _____ to_____** 

 

 

**Commission file number of issuing entity: 333-262701-02**

 

**Central Index Key Number of the issuing entity:0001924870**

 

**Citigroup Commercial Mortgage Trust 2022-GC48**

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

 

**Central Index Key Number of the depositor: 0001258361**

 

**Citigroup Commercial Mortgage Securities Inc.**

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

 

**Central Index Key Number of the sponsor: 0001701238**

 

**Citi Real Estate Funding Inc.**

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

 

**Central Index Key Number of the sponsor: 0001541502**

 

**Goldman Sachs Mortgage Company**

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

 

**Central Index Key Number of the sponsor: 0001548405**

 

**Starwood Mortgage Capital LLC**

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

 

**Central Index Key Number of the sponsor: 0000927971**

 

**Bank of Montreal**

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

** **

| **New York  (State or other jurisdiction of incorporation or organization)** | **38-4224592**

**38-4224593**

**38-7290328**

**(I.R.S. Employer Identification Numbers)** |
|------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------|

 

 

**c/o Computershare Trust Company, N.A.**

**9062 Old Annapolis Road**

**Columbia, MD 21045**

**(Address of principal executive offices)**

 

**21045**

**(Zip Code)**

 

**Telephone number, including area code:**

**(410) 884‐2000**

 

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 the Act:

 

  NONE.

 

Indicate by check mark if the registrant is a well-known seasonedissuer, as defined in Rule 405 of the Securities Act.

 

  Yes ___ No X

 

Indicate by check mark if the registrant is not required to filereports pursuant to Section 13 or Section 15(d) of the Act.

 

  Yes ___ No X

 

Indicate by check mark whether the registrant (1) has filed allreports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that theregistrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days.

 

  Yes X No ___

 

Indicate by check mark whether the registrant has submittedelectronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T ( § 232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submitsuch 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 accelerated filer ___Accelerated filer ___Non-accelerated filer XSmaller reporting company ___

 

Emerging growthcompany ___

 

If an emerginggrowth company, indicate by check mark if the registrant has elected not to usethe extended transition period for complying with any new or revised financialaccounting standards provided pursuant to Section 13(a) of the ExchangeAct.  ___

 

Indicateby check mark whether the registrant has filed a report on and attestation toits management’s assessment of the effectiveness of its internal control overfinancial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C.7262(b)) by the registered public accounting firm that prepared or issued itsaudit report. __

 

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

 

Indicate by check mark whether any of those error corrections arerestatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant’s executive officers during the relevantrecovery period pursuant to §240.10D-1(b)__

 

Indicate by check mark whether the registrant is a shell company(as defined in Rule 12b-2 of the Act).

 

  Yes ___ No X

 

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.

 

  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 pursuant toRule 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

 

 1.The 2550 M Street mortgage loan, which represented approximately 6.3% of theinitial pool balance of the issuing entity, is part of a whole loan comprisedof the subject mortgage loan included in the issuing entity and one or morecompanion loan(s) that are held outside the issuing entity. The Bell Worksmortgage loan, which represented approximately 6.3% of the initial pool balanceof the issuing entity, is part of a whole loan comprised of the subjectmortgage loan included in the issuing entity and one or more companion loan(s)that are held outside the issuing entity. The ExchangeRight Net LeasedPortfolio #55 mortgage loan, which represented approximately 3.5% of theinitial pool balance of the issuing entity, is part of a whole loan comprisedof the subject mortgage loan included in the issuing entity and one or morecompanion loan(s) that are held outside the issuing entity. The 2550 M Streetmortgage loan, the Bell Works mortgage loan and the ExchangeRight Net LeasedPortfolio #55 mortgage loan and each of the related companion loan(s) areserviced pursuant to the BMARK 2022-B35 PSA (as defined in Item 15 below). 

 

2.The One Wilshire mortgage loan, which represented approximately 3.7% of theinitial pool balance of the issuing entity, is part of a whole loan comprisedof the subject mortgage loan included in the issuing entity and one or morecompanion loan(s) that are held outside the issuing entity. The One Wilshiremortgage loan and each of the related companion loan(s) are serviced pursuantto the BMARK 2022-B32 PSA (as defined in Item 15 below). 

 

3.The Stockton Self Storage Portfolio mortgage loan, which representedapproximately 2.2% of the initial pool balance of the issuing entity, is partof a whole loan comprised of the subject mortgage loan included in the issuingentity and one or more companion loan(s) that are held outside the issuingentity. The Stockton Self Storage Portfolio mortgage loan and each of therelated companion loans were serviced pursuant to the CGCMT 2022-GC48 PSA (asdefined in Item 15 below) prior to June 28, 2022. The Stockton Self StoragePortfolio mortgage loan and each of the related companion loan(s) are servicedpursuant to the BBCMS 2022-C16 PSA (as defined in Item 15 below) on and afterJune 28, 2022. 

 

4.The 360 Rosemary mortgage loan, which represented approximately 1.3% of theinitial pool balance of the issuing entity, is part of a whole loan comprisedof the subject mortgage loan included in the issuing entity and one or morecompanion loan(s) that are held outside the issuing entity. The 111 RiverStreet mortgage loan, which represented approximately 1.3% of the initial poolbalance of the issuing entity, is part of a whole loan comprised of the subjectmortgage loan included in the issuing entity and one or more companion loan(s)that are held outside the issuing entity. The 360 Rosemary mortgage loan andthe 111 River Street mortgage loan and each of the related companion loans areserviced pursuant to the BMO 2022-C1 PSA (as defined in Item 15 below). 

 

5.The 2 Riverfront Plaza mortgage loan, which represented approximately 1.2% ofthe initial pool balance of the issuing entity, is part of a whole loancomprised of the subject mortgage loan included in the issuing entity and oneor more companion loan(s) that are held outside the issuing entity. The 2Riverfront Plaza mortgage loan and each of the related companion loan(s) areserviced pursuant to the BBCMS 2022-C15 PSA (as defined in Item 15 below). 

 

6.Pursuant to Instruction 3 to Item 1122 of Regulation AB, the reports on assessmentof compliance with servicing criteria and attestation reports on assessment ofcompliance with servicing criteria of (i) Situs Holdings, LLC, as specialservicer for the 360 Rosemary mortgage loan under the BMO 2022-C1 PSA and (ii)Pentalpha Surveillance LLC, as operating advisor for the One Wilshire mortgageloan under the BMARK 2022-B32 PSA and as operating advisor for the 2 RiverfrontPlaza mortgage loan under the BBCMS 2022-C15 PSA, are not included in thisreport on Form 10-K because each of Situs Holdings, LLC and PentalphaSurveillance LLC performed activities that address the servicing criteriaspecified in Item 1122(d) of Regulation AB with respect to 5% or less of thepool assets of the issuing entity. This annual report on Form 10-K does not includethe reports on assessment of compliance with servicing criteria and attestationreports on assessment of compliance with servicing criteria of ComputershareTrust Company, National Association as certificate administrator under theBMARK 2022-B35 PSA, the BMARK 2022-B32 PSA, the BBCMS 2022-C16 PSA, the BMO2022-C1 PSA and the BBCMS 2022-C15 PSA, because the certificate administratorunder each such pooling and servicing agreement does not perform any activitiesthat address the servicing criteria specified in Item 1122(d) of Regulation ABwith respect to the issuing entity.  This annualreport on Form 10-K does not include the report on assessment of compliancewith servicing criteria and attestation report on assessment of compliance withservicing criteria of Wilmington Trust, National Association, as trustee underthe CGCMT 2022-GC48 PSA, because Wilmington Trust, National Association did notmake, and was not required to make, any advance under the CGCMT 2022-GC48 PSAduring the year ended December 31, 2022, and, pursuant to the terms of theCGCMT 2022-GC48 PSA, the trustee is required to provide assessment ofcompliance with applicable servicing criteria and attestation report onassessment of compliance with servicing criteria only if it has made (or isrequired to make) an advance during the applicable calendar year.

 

7.This report on Form 10-K does not include the servicer compliance statements ofSitus Holdings, LLC, as special servicer for the 360 Rosemary mortgage loanunder the BMO 2022-C1 PSA, because Situs Holdings, LLC is an unaffiliated partythat services less than 10% of the pool assets of the issuing entity, andtherefore is not a servicer that meets the criteria in Item 1108(a)(2)(i)through (iii) of Regulation AB. This annual report on Form 10-K does notinclude the servicer compliance statements of Computershare Trust Company,National Association as certificate administrator under the BMARK 2022-B35 PSA,the BMARK 2022-B32 PSA, the BBCMS 2022-C16 PSA, the BMO 2022-C1 PSA and the BBCMS2022-C15 PSA, because the certificate administrator under each such pooling andservicing agreement is not a servicer that meets the criteria in Item1108(a)(2)(i) through (iii) of Regulation AB with respect to the issuingentity.

 

 

 

| **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.**         | **Selected Financial Data.** |
|                     | Omitted. |
| **Item 7.**         | **Management's Discussion  and Analysis of Financial Condition and Results of Operations.** |
|                     | Omitted. |
| **Item 7A.**        | **Quantitative and  Qualitative Disclosures About Market Risk.** |
|                     | Omitted. |
| **Item 8.**         | **Financial Statements and  Supplementary Data.** |
|                     | Omitted. |
| **Item 9.**         | **Changes in and  Disagreements With Accountants on Accounting and Financial Disclosure.** |
|                     | Omitted. |
| **Item 9A.**        | **Controls and Procedures.** |
|                     | Omitted. |
| **Item 9B.**        | **Other Information.** |
|                     | None. |
| **Item 9C.**        | **Disclosure regarding Foreign  Jurisdictions that Prevent Inspections.** |
|                     | Not applicable. |
|                     |   |   |

 

| **PART III**

  |
|---------------------------|
| **Item 10.**         | **Directors, Executive  Officers and Corporate Governance.** |
|                      | Omitted. |
| **Item 11.**         | **Executive Compensation.** |
|                      | Omitted. |
| **Item 12.**         | **Security Ownership of  Certain Beneficial Owners and Management and Related Stockholder Matters.** |
|                      | Omitted. |
| **Item 13.**         | **Certain Relationships and  Related Transactions, and Director Independence.** |
|                      | Omitted. |
| **Item 14.**         | **Principal Accounting Fees  and Services.** |
|                      | Omitted. |
|                      |   |   |

 

**ADDITIONAL DISCLOSURE ITEMS FOR REGULATIONAB**

 

**Item 1112(b) of Regulation AB, Significant Obligor FinancialInformation.**

 

With respect to the pool assets for Citigroup Commercial Mortgage Trust2022-GC48, there are no significant obligors within the meaning of Item 1101(k)of Regulation AB.

 

**Item 1114(b)(2) of Regulation AB, Significant Enhancement ProviderFinancial Information.**

 

No entity or group of affiliated entities provides any externalcredit enhancement, uses any derivative instruments or other support for thecertificates within this transaction.

 

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

 

No entity or group of affiliated entities provides any externalcredit enhancement, uses any derivative instruments or other support for thecertificates within this transaction.

 

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

 

The registrant knows of no legal proceedings pending against thesponsors, depositor, trustee, issuing entity, servicer contemplated by Item1108(a)(3) of Regulation AB, originator contemplated by Item 1110(b) ofRegulation AB, or other party contemplated by Item 1100(d)(1) of Regulation AB,or of which any property of the foregoing is the subject, that is material tosecurity holders.

 

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

 

Provided previously in the prospectus of the Registrant relatingto the issuing entity and filed on June 21, 2022 pursuant to Rule 424(b)(2) ofthe Securities Act of 1933, as amended.

 

**Item 1122 of Regulation AB, Compliance with Applicable ServicingCriteria.**

 

The reports on assessment of compliance with the servicingcriteria for asset-backed securities and the related attestation reports onsuch assessments of compliance are attached hereto under Item 15.

The report on assessment of compliance withapplicable servicing criteria furnished pursuant to Item 1122 of Regulation ABby KeyBank National Association (“KeyBank”) discloses that a material instanceof noncompliance occurred, as described below:

1)            Servicing Criteria impacted

1122(d)(4)(ix) –Adjustments to interest ratesor rates of return for pool assets with variable rates are computed based onthe related pool asset documents.

2)            Material Instance of Noncompliance with Servicing Criteria

During compliance testing, it was discovered,that not all FlexARM loan mortgagors were offered loan rates within 45-60 daysbefore the rate change date, as required per the related pool asset documents.Per the Note, if the holder fails to offer a loan rate within 45-60 days of anychange date a margin of 2.25% is to be used. Given the notification was notmade to the borrowers, a 3% margin was incorrectly applied. The noncompliancein Item 1122 (d)(4)(ix) is related to a servicing portfolio which is whollyowned by the investor and is not held in a publicly traded security.

The identified material instanceof noncompliance with servicing criteria did notinvolve the servicing of the assets backing the asset-backed securities coveredin this Form 10-K.

3)            Remediation

Thefollowing remediation procedures have been initiated by KeyBank: (i) theimpacted mortgage loans are currently in the process of being identified, (ii)investor contact has been initiated, (iii) corrective actions are beingconsidered and will be tracked and monitored by senior management, (iv)procedures will be reviewed and revised, if necessary, to include new trackingand action steps to prevent this situation from recurring in the future, and(v) training will be provided to the relevant staff members to prevent arecurrence.

 

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

 

The servicer compliance statements are attached hereto under Item15.

**PART IV**

**Item 15. Exhibits, Financial Statement Schedules**

 

(a)List the following documents filed as part of the report:

 

(1) Not Applicable

 

(2) Not Applicable

 

(3)Exhibits listed below are either included or incorporated by reference asindicated below:

 

(4.1)  Poolingand Servicing Agreement, dated as of June 1, 2022, (the “CGCMT 2022-GC48 PSA”)by and among Citigroup Commercial Mortgage Securities Inc., as depositor,Midland Loan Services, a Division of PNC Bank, National Association, as masterservicer, Greystone Servicing Company LLC, as a special servicer, RialtoCapital Advisors, LLC, solely with respect to the Yorkshire & LexingtonTowers whole loan, as a special servicer, Park Bridge Lender Services LLC, asoperating advisor and as asset representations reviewer, Computershare TrustCompany, National Association, as certificate administrator, and WilmingtonTrust, National Association, as trustee, (filed as Exhibit 4.1 to theregistrant's Current Report on Form 8-K dated June 21, 2022, and filed by theregistrant on June 21, 2022 under Commission File No. 333-262701-02, and isincorporated by reference herein).

 

(4.2)  Poolingand Servicing Agreement, dated as of May 1, 2022 (the “BMARK 2022-B35 PSA”), byand among Citigroup Commercial Mortgage Securities Inc., as depositor, KeyBankNational Association, as master servicer, KeyBank National Association, asspecial servicer, Park Bridge Lender Services LLC, as operating advisor and asasset representations reviewer, Computershare Trust Company, NationalAssociation, as certificate administrator, and Wilmington Trust, NationalAssociation, as trustee (filed as Exhibit 4.2 to the registrant's CurrentReport on Form 8-K dated June 21, 2022, and filed by the registrant on June 21,2022 under Commission File No. 333-262701-02, and is incorporated by referenceherein). (See Explanatory Note 1)

 

(4.3)  Poolingand Servicing Agreement, dated as of February 1, 2022 (the “BMARK 2022-B32PSA”), by and among J.P. Morgan Chase Commercial Mortgage Securities Corp., asdepositor, Midland Loan Services, a Division of PNC Bank, National Association,as master servicer, KeyBank National Association, as special servicer,Pentalpha Surveillance LLC, as operating advisor and as asset representationsreviewer, Computershare Trust Company, National Association, as certificateadministrator, and Wilmington Trust, National Association, as trustee (filed asExhibit 4.3 to the registrant's Current Report on Form 8-K dated June 21, 2022,and filed by the registrant on June 21, 2022 under Commission File No. 333-262701-02,and is incorporated by reference herein). (See Explanatory Note 2)

 

(4.4)  Poolingand Servicing Agreement, dated as of June 1, 2022 (the “BBCMS 2022-C16 PSA”),by and among Barclays Commercial Mortgage Securities LLC, as depositor, MidlandLoan Services, a Division of PNC bank, National Association, as masterservicer, LNR Partners, LLC, as special servicer, Park Bridge Lender ServicesLLC, as operating advisor and as asset representations reviewer, ComputershareTrust Company, National Association, as certificate administrator, andWilmington Trust, National Association as trustee, (filed as Exhibit 4.1 to theregistrant's Current Report on Form 8-K dated June 28, 2022, and filed by theregistrant on July 5, 2022 under Commission File No. 333-262701-02, and isincorporated by reference herein). (See ExplanatoryNote 3)

 

(4.5)  Poolingand Servicing Agreement, dated as of February 1, 2022 (the “BMO 2022-C1 PSA”),by and among BMO Commercial Mortgage Securities LLC, as depositor, KeyBankNational Association, as master servicer, CWCapital Asset Management LLC, asspecial servicer, Situs Holdings, LLC, as a special servicer solely withrespect to the 360 Rosemary whole loan combination, KeyBank NationalAssociation, as a special servicer solely with respect to the 111 River Streetloan combination, Park Bridge Lender Services LLC, as operating advisor and asasset representations reviewer, Computershare Trust Company, NationalAssociation, as certificate administrator, and Wilmington Trust, NationalAssociation, as trustee, (filed as Exhibit 4.4 to the registrant's CurrentReport on Form 8-K dated June 21, 2022, and filed by the registrant on June 21,2022 under Commission File No. 333-262701-02, and is incorporated by referenceherein). (See Explanatory Note 4)

 

(4.6)  Poolingand Servicing Agreement, dated as of April 1, 2022 (the “BBCMS 2022-C15 PSA”),by and among Barclays Commercial Mortgage Securities LLC, as depositor, MidlandLoan Services, a Division of PNC Bank, National Association, as masterservicer, Rialto Capital Advisors, LLC, as special servicer, PentalphaSurveillance LLC, as operating advisor and as asset representations reviewer,Computershare Trust Company, National Association, as certificateadministrator, and Wilmington Trust, National Association, as trustee (filed asExhibit 4.5 to the registrant's Current Report on Form 8-K dated June 21, 2022,and filed by the registrant on June 21, 2022 under Commission File No.333-262701-02, and is incorporated by reference herein). (See Explanatory Note 5)

  

 

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

 

33 Reports on assessment ofcompliance with servicing criteria for asset-backed securities. (SeeExplanatory Note 6)

 

33.1  Midland Loan Services, a Division of PNC Bank,National Association, as master servicer

 

33.2  Greystone Servicing Company LLC, as special servicer

 

33.3  Rialto Capital Advisors, LLC, as special servicer withrespect to the Yorkshire & Lexington Towers whole loan

 

33.4  Park Bridge Lender Services LLC, as operating advisor

 

33.5  Computershare Trust Company, National Association, ascertificate administrator

 

33.6 Computershare TrustCompany, National Association, as custodian

 

33.7  Wilmington Trust,National Association, as trustee (omitted; seeExplanatory Note 6)

 

33.8  KeyBank National Association, as master servicer underthe BMARK 2022-B35 PSA, pursuant to which the 2250 M Street mortgage loan, theBell Works mortgage loan and the ExchangeRight Net Leased Portfolio #55mortgage loan are serviced.

 

33.9  KeyBank National Association, as special servicer forthe 2250 M Street mortgage loan, the Bell Works mortgage loan, and theExchangeRight Net Leased Portfolio #55 mortgage loan under the BMARK 2022-B35PSA (see Exhibit 33.8)

 

33.10  Park Bridge Lender Services, LLC, as operating advisorfor the 2250 M Street mortgage loan, the Bell Works mortgage loan and theExchangeRight Net Leased Portfolio #55 mortgage loan under the BMARK 2022-B35PSA (see Exhibit 33.4)

 

33.11  Computershare Trust Company, National Association, ascustodian for the 2250 M Street mortgage loan, the Bell Works mortgage loan andthe ExchangeRight Net Leased Portfolio #55 mortgage loan under the BMARK2022-B35 PSA (see Exhibit 33.6)

 

33.12  Wilmington Trust, National Association, as trusteeunder BMARK 2022-B35 PSA, pursuant to which the 2250 M Street mortgage loan,the Bell Works mortgage loan and the ExchangeRight Net Leased Portfolio #55mortgage loan are serviced

 

33.13 Midland Loan Services, a Division of PNC Bank,National Association, as master servicer under the BMARK 2022-B32 PSA, pursuantto which the One Wilshire mortgage loan is serviced (see Exhibit 33.1)

  

33.14   KeyBank National Association, as special servicer forthe One Wilshire mortgage loan under the BMARK 2022-B32 PSA (see Exhibit 33.8)

 

33.15  Computershare Trust Company, National Association, ascustodian for the One Wilshire mortgage loan under the BMARK 2022-B32 PSA (seeExhibit 33.6)

 

33.16  Wilmington Trust, National Association, as trusteeunder the BMARK 2022-B32 PSA, pursuant to which the One Wilshire mortgage loanis serviced (see Exhibit 33.12)

 

33.17   Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the BBCMS2022-C16 PSA pursuant to which the Stockton Self Storage Portfolio loan is serviced(see Exhibit 33.1)

 

33.18  LNR Partners, LLC, as special servicer for theStockton Self Storage Portfolio mortgage loan under the BBCMS 2022-C16

 

33.19  Park Bridge Lender Services LLC, as operating advisorfor the Stockton Self Storage Portfolio mortgage loan under the BBCMS 2022-C16PSA (see Exhibit 33.4)

 

33.20  Computershare Trust Company, National Association, ascustodian for the Stockton Self Storage Portfolio mortgage loan under the BBCMS2022-C16 PSA (see Exhibit 33.6)

 

33.21  Wilmington Trust, National Association, as trusteeunder the BBCMS 2022-C16 PSA, pursuant to which the Stockton Self Storage Portfoliomortgage loan is serviced (see Exhibit 33.12)

 

33.22  KeyBank National Association, as master servicer underthe BMO 2022-C1 PSA, pursuant to which the 360 Rosemary mortgage loan and the111 River Street mortgage loan are serviced (see Exhibit 33.8)

 

33.23  KeyBank National Association, as special servicer forthe 111 River Street mortgage loan under the BMO 2022-C1 PSA (see Exhibit 33.8)

 

33.24  Park Bridge Lender Services LLC, as operating advisorfor the 360 Rosemary mortgage loan and the 111 River Street mortgage loan underthe BMO 2022-C1 PSA (see Exhibit 33.4)  

 

33.25 Computershare Trust Company, National Association, ascustodian for the 360 Rosemary mortgage loan and the 111 River Street mortgageloan  under the BMO 2022-C1 PSA (see Exhibit 33.6)

 

33.26 Wilmington Trust, National Association, as trusteeunder the BMO 2022-C1 PSA, pursuant to which the 360 Rosemary mortgage loan andthe 111 River Street mortgage loan are serviced (see Exhibit 33.12)

 

33.27  Midland Loan Services, a Division of PNC Bank,National Association, as master servicer under the BBCMS 2022-C15 PSA, pursuantto which the 2 Riverfront plaza loan is serviced (see Exhibit 33.1)

 

33.28  Rialto Capital Advisors, LLC, as special servicer forthe 2 Riverfront Plaza mortgage loan under the BBCMS 2022-C15 PSA (see Exhibit33.3)

 

33.29 Computershare Trust Company, National Association, ascustodian for the 2 Riverfront Plaza mortgage loan under the BBCMS 2022-C15 PSA(see Exhibit 33.6)

 

33.30 Wilmington Trust, National Association, as trusteeunder the BBCMS 2022-C15 PSA, pursuant to which the 2 Riverfront Plaza mortgageloan is serviced (see Exhibit 33.12)

 

34 Attestation reports onassessment of compliance with servicing criteria for asset-backed securities.(See Explanatory Note 6)

 

34.1  Midland Loan Services, a Division of PNC Bank,National Association, as master servicer

 

34.2  Greystone Servicing Company LLC, as special servicer

 

34.3  Rialto Capital Advisors, LLC, as special servicer withrespect to the Yorkshire & Lexington Towers whole loan

 

34.4  Park Bridge Lender Services LLC, as operating advisor

 

34.5  Computershare Trust Company, National Association, ascertificate administrator

 

34.6  Computershare Trust Company, National Association, ascustodian

 

34.7  Wilmington Trust,National Association, as trustee (omitted; see Explanatory Note 6)

 

34.8  KeyBank National Association, as master servicer underthe BMARK 2022-B35 PSA, pursuant to which the 2250 M Street mortgage loan, theBell Works mortgage loan and the ExchangeRight Net Leased Portfolio #55mortgage loan are serviced.

 

34.9  KeyBank National Association, as special servicer forthe 2250 M Street mortgage loan, the Bell Works mortgage loan and theExchangeRight Net Leased Portfolio #55 mortgage loan under the BMARK 2022-B35PSA (see Exhibit 34.8)

 

34.10  Park Bridge Lender Services, LLC, as operating advisorfor the 2250 M Street mortgage loan, the Bell Works mortgage loan and theExchangeRight Net Leased Portfolio #55 mortgage loan under the BMARK 2022-B35PSA (see Exhibit 34.4)

 

34.11  Computershare Trust Company, National Association, ascustodian for the 2250 M Street mortgage loan, the Bell Works mortgage loan andthe ExchangeRight Net Leased Portfolio #55 mortgage loan under the BMARK2022-B35 PSA (see Exhibit 34.6)

 

34.12  Wilmington Trust, National Association, as trusteeunder BMARK 2022-B35 PSA, pursuant to which the 2250 M Street mortgage loan,the Bell Works mortgage loan, and the ExchangeRight Net Leased Portfolio #55mortgage loan are serviced

 

34.13 Midland Loan Services, a Division of PNC Bank,National Association, as master servicer under the BMARK 2022-B32 PSA, pursuantto which the One Wilshire mortgage loan is serviced (see Exhibit 34.1)

  

34.14   KeyBank National Association, as special servicer forthe One Wilshire mortgage loan under the BMARK 2022-B32 PSA (see Exhibit 34.8)

 

34.15  Computershare Trust Company, National Association, ascustodian for the One Wilshire mortgage loan under the BMARK 2022-B32 PSA (seeExhibit 34.6)

 

34.16  Wilmington Trust, National Association, as trusteeunder the BMARK 2022-B32 PSA, pursuant to which the One Wilshire mortgage loanis serviced (see Exhibit 34.12)

 

34.17   Midland Loan Services, a Division of PNC Bank,National Association, as master servicer under the BBCMS 2022-C16 PSA, pursuantto which the Stockton Self Storage Portfolio loan is serviced (see Exhibit34.1)

 

34.18  LNR Partners, LLC, as special servicer for theStockton Self Storage Portfolio mortgage loan under the BBCMS 2022-C16

 

34.19  Park Bridge Lender Services LLC, as operating advisorfor the Stockton Self Storage Portfolio mortgage loan under the BBCMS 2022-C16PSA (see Exhibit 34.4)

 

34.20  Computershare Trust Company, National Association, ascustodian for the Stockton Self Storage Portfolio mortgage loan under the BBCMS2022-C16 PSA (see Exhibit 34.6)

 

34.21  Wilmington Trust, National Association, as trusteeunder the BBCMS 2022-C16 PSA, pursuant to which the Stockton Self StoragePortfolio mortgage loan is serviced (see Exhibit 34.12)

 

34.22  KeyBank National Association, as master servicer underthe BMO 2022-C1 PSA, pursuant to which the 360 Rosemary mortgage loan and the111 River Street mortgage loan are serviced (see Exhibit 34.8)

 

34.23  KeyBank National Association, as special servicer forthe 111 River Street mortgage loan under the BMO 2022-C1 PSA (see Exhibit 34.8)

 

34.24  Park Bridge Lender Services LLC, as operating advisorfor the 360 Rosemary mortgage loan and the 111 River Street mortgage loan underthe BMO 2022-C1 PSA (see Exhibit 34.4)  

 

34.25 Computershare Trust Company, National Association, ascustodian for the 360 Rosemary mortgage loan and the 111 River Street mortgageloan under the BMO 2022-C1 PSA (see Exhibit 34.6)

 

34.26 Wilmington Trust, National Association, as trusteeunder the BMO 2022-C1 PSA, pursuant to which the 360 Rosemary mortgage loan andthe 111 River Street mortgage loan are serviced (see Exhibit 34.12)

 

34.27  Midland Loan Services, a Division of PNC Bank,National Association, as master servicer under the BBCMS 2022-C15 PSA, pursuantto which the 2 Riverfront plaza loan is serviced (see Exhibit 34.1)

 

34.28  Rialto Capital Advisors, LLC, as special servicer forthe 2 Riverfront Plaza mortgage loan under the BBCMS 2022-C15 PSA (see Exhibit34.3)

 

34.29 Computershare Trust Company, National Association, ascustodian for the 2 Riverfront Plaza mortgage loan under the BBCMS 2022-C15 PSA(see Exhibit 34.6)

 

34.30 Wilmington Trust, National Association, as trusteeunder the BBCMS 2022-C15 PSA, pursuant to which the 2 Riverfront Plaza mortgageloan is serviced (see Exhibit 34.12)

 

35 Servicer compliancestatement. (See Explanatory Note 7)

 

35.1  Midland Loan Services, a Division of PNC Bank,National Association, as master servicer

 

35.2  Greystone Servicing Company LLC, as special servicer

 

35.3  Rialto Capital Advisors, LLC, as special servicer withrespect to the Yorkshire & Lexington Towers whole loan

 

35.4 Computershare Trust Company, National Association, ascertificate administrator

 

35.5  KeyBank National Association, as master servicer underthe BMARK 2022-B35 PSA pursuant to which the 2250 M Street mortgage loan, theBell Works mortgage loan, and the ExchangeRight Net Leased Portfolio #55mortgage loan are serviced.

 

35.6  KeyBank National Association, as special servicer forthe 2250 M Street mortgage loan, the Bell Works mortgage loan and theExchangeRight Net Leased Portfolio #55 mortgage loan under the BMARK 2022-B35PSA (see Exhibit 35.5)

 

35.7  Midland Loan Services, a Division of PNC Bank,National Association, as master servicer under the BMARK 2022-B32 PSA, pursuantto which the One Wilshire mortgage loan is serviced (see Exhibit 35.1)

 

35.8  KeyBank National Association, as special servicer forthe One Wilshire mortgage loan under the BMARK 2022-B32 PSA (see Exhibit 35.5)

 

35.9  Midland Loan Services, a Division of PNC Bank,National Association, as master servicer under the BBCMS 2022-C16 PSA, pursuantto which the Stockton Self Storage Portfolio mortgage loan is serviced (seeExhibit 35.1)

 

35.10 LNR Partners, LLC, as special servicer for theStockton Self Storage Portfolio mortgage loan under the BBCMS 2022-C16 PSA

 

35.11 KeyBank National Association, as master servicer underthe BMO 2022-C1 PSA, pursuant to which the 360 Rosemary mortgage loan and the111 River Street mortgage loan are serviced (see Exhibit 35.5)

 

35.12 KeyBank National Association, as special servicer forthe 111 River Street mortgage loan under the BMO 2022-C1 PSA (see Exhibit 35.5)

 

35.13 Midland Loan Services, a Division of PNC Bank,National Association, as master servicer under the BBCMS 2022-C15 PSA, pursuantto which the 2 Riverfront Plaza Portfolio mortgage loan is serviced (seeExhibit 35.1)

 

35.14 Rialto Capital Advisors, LLC, as special servicer forthe 2 Riverfront Plaza Portfolio mortgage loan under the BBCMS 2022-C15 PSA(see Exhibit 35.3)

 

(99.1)  MortgageLoan Purchase Agreement, dated as of June 1, 2022, between Citigroup CommercialMortgage Securities Inc. and Citigroup Real Estate Funding Inc., pursuant towhich Citigroup Real estate Funding Inc. sold certain mortgage loans toCitigroup Commercial Mortgage Securities Inc. (filed as Exhibit 99.1 to theregistrant's Current Report on Form 8-K dated June 21, 2022, and filed by theregistrant on June 21, 2022 under Commission File No. 333-262701-02, and isincorporated by reference herein).

 

(99.2)  MortgageLoan Purchase Agreement, dated as of June 1, 2022, between Citigroup CommercialMortgage Securities Inc. and Goldman Sachs Mortgage Company, pursuant to whichGoldman Sachs Mortgage Company sold certain mortgage loans to CitigroupCommercial Mortgage Securities Inc. (filed as Exhibit 99.2 to the registrant'sCurrent Report on Form 8-K dated June 21, 2022, and filed by the registrant onJune 21, 2022 under Commission File No. 333-262701-02, and is incorporated byreference herein).

 

(99.3)  MortgageLoan Purchase Agreement, dated as of June 1, 2022, between Citigroup CommercialMortgage Securities Inc. and Starwood Mortgage Capital LLC, pursuant to whichStarwood Mortgage Capital LLC sold certain mortgage loans to CitigroupCommercial Mortgage Securities Inc. (filed as Exhibit 99.3 to the registrant'sCurrent Report on Form 8-K dated June 21, 2022, and filed by the registrant onJune 21, 2022 under Commission File No. 333-262701-02, and is incorporated byreference herein).

 

(99.4)  MortgageLoan Purchase Agreement, dated as of June 1, 2022, between Citigroup CommercialMortgage Securities Inc. and Bank of Montreal, pursuant to which Bank ofMontreal sold certain mortgage loans to Citigroup Commercial MortgageSecurities Inc. (filed as Exhibit 99.4 to the registrant's Current Report onForm 8-K dated June 21, 2022, and filed by the registrant on June 21, 2022under Commission File No. 333-262701-02, and is incorporated by referenceherein).

 

 

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

 

(c) Not Applicable

 

 

**SIGNATURES**

 

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

 

CitigroupCommercial Mortgage Securities Inc.

(Depositor)

 

/s/Richard Simpson

RichardSimpson, President 

(seniorofficer in charge of securitization of the depositor)

 

Date:March 31, 2023