**UNITED STATESSECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-K**

(Mark One)

 

**/X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934**

 

**For the fiscal year ended December 31, 2016or**

**/ / TRANSITION REPORTPURSUANT 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: 333-195164-05**

**Central Index Key Number of the issuing entity: 0001633533**

**Wells Fargo Commercial MortgageTrust 2015-C27**

**(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 itscharter)**

** **

**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**

**Rialto Mortgage Finance, LLC**

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

** **

**Central Index Key Number of the sponsor: 0001634437**

**Macquarie US Trading LLC**

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

**(d/b/a Principal CommercialCapital)**

** **

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

**Liberty Island Group I LLC**

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

** **

**Central Index Key Number of the sponsor: 0001541214**

**C-III Commercial Mortgage LLC**

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

** **

**Central Index Key Number of the sponsor: 0001542105**

**Basis Real Estate Capital II, LLC**

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

** **

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

**the issuing entity)** | **38-3955409**

**38-3955410**

**38-3955411**

**38-7135300**

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

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

**c/o Wells Fargo Bank, National Association**

**as Certificate Administrator**

**9062 Old Annapolis Road**

**Columbia, MD**

**(Address of principal executiveoffices of the issuing entity)**

**21045**

**(Zip Code)**

**Registrant’s telephonenumber, including area code:**

**(704) 374-6161**

Securities registered pursuant to Section 12(b) of theAct:  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.  / / Yes /X/ No

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

Indicate by check mark whether the registrant has submittedelectronically and posted on its corporate Web site, if any, every InteractiveData File required to be submitted and posted pursuant to Rule 405 ofRegulation S-T (Section 232.405 of this chapter) during the preceding 12 months(or for such shorter period that the registrant was required to submit and postsuch files).

Notapplicable.

Indicate by check mark if disclosure of delinquent filerspursuant to Item 405 of Regulation S-K (Section 229.405 of this chapter) is notcontained herein, and will not be contained, to the best of registrant’sknowledge, in definitive proxy or information statements incorporated byreference in Part III of this Form 10-K or any amendment to this Form10-K.   

Notapplicable.

Indicate by check mark whether the registrant is a large acceleratedfiler, an accelerated filer, a non-accelerated filer, or a smaller reportingcompany. See definitions of “large accelerated filer”,“accelerated filer” and “smaller reporting company” inRule 12b-2 of the Exchange Act.

Large accelerated filer / / Accelerated filer / /

Non-accelerated filer /X/ (Do not check if a smaller reporting company)  Smaller reporting company //

Indicate by check mark whether the registrant is a shellcompany (as defined in Rule 12b-2 of the Act).  / / Yes /X/ 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.

Notapplicable.

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.  / / Yes / /No

Notapplicable.

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

Notapplicable.

**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**

TheExhibit Index describes exhibits provided by certain parties (in theircapacities indicated on the Exhibit Index) with respect to the Depot ParkMortgage Loan, which constituted approximately 2.1% of the asset pool of theissuing entity as of its cut-off date.  The Depot Park Mortgage Loan is anasset of the issuing entity and is part of a loan combination that includes theDepot Park 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 Wells Fargo Commercial Mortgage Trust2014-LC18 transaction, Commission File Number 333-195164-03 (the “WFCMT2014-LC18 Transaction”). This loan combination, including the DepotPark Mortgage Loan, is being serviced and administered pursuant to the poolingand servicing agreement for the WFCMT 2014-LC18 Transaction, which isincorporated by reference as Exhibit 4.2 to this Annual Report on Form 10-K. Wells Fargo Bank, National Association is the master servicer under the poolingand servicing agreement for the WFCMT 2014-LC18 Transaction.  Theresponsibilities of Wells Fargo Bank, National Association, as primary servicerof this loan combination with respect to the issuing entity, are subsumedwithin its responsibilities as master servicer under the pooling and servicingagreement for the WFCMT 2014-LC18 Transaction.  Thus, the servicercompliance statement provided by Wells Fargo Bank, National Association, asmaster servicer under such pooling and servicing agreement, encompasses itsroles as both master servicer and primary servicer with respect to this loancombination.

TheExhibit Index describes exhibits provided by certain parties (in their capacitiesindicated on the Exhibit Index) with respect to the Boca Hamptons PlazaPortfolio Mortgage Loan, which constituted approximately 1.7% of the asset poolof the issuing entity as of its cut-off date.  The Boca Hamptons PlazaPortfolio Mortgage Loan is an asset of the issuing entity and is part of a loancombination that includes the Boca Hamptons Plaza Portfolio Mortgage Loan andone other *pari passu* loan, which is not an asset of the issuing entity.The other *pari passu* portion of the loan combination was securitized inthe Citigroup Commercial Mortgage Trust 2015-GC27 transaction, Commission FileNumber 333-189017-07 (the “CGCMT 2015-GC27 Transaction”).This loan combination, including the Boca Hamptons Plaza Portfolio MortgageLoan, is being serviced and administered pursuant to the pooling and servicingagreement for the CGCMT 2015-GC27 Transaction, which is incorporated byreference as Exhibit 4.3 to this Annual Report on Form 10-K.  Wells FargoBank, National Association is the master servicer under the pooling andservicing agreement for the CGCMT 2015-GC27 Transaction.  Theresponsibilities of Wells Fargo Bank, National Association, as primary servicerof this loan combination with respect to the issuing entity, are subsumedwithin its responsibilities as master servicer under the pooling and servicingagreement for the CGCMT 2015-GC27 Transaction.  Thus, the servicercompliance statement provided by Wells Fargo Bank, National Association, asmaster servicer under such pooling and servicing agreement, encompasses itsroles as both master servicer and primary servicer with respect to this loancombination.

TheExhibit Index describes exhibits provided by certain parties (in theircapacities indicated on the Exhibit Index) with respect to the Westfield PalmDesert Mortgage Loan, which constituted approximately 6.0% of the asset pool ofthe issuing entity as of its cut-off date.  The Westfield Palm DesertMortgage Loan is an asset of the issuing entity and is part of a loancombination that includes the Westfield Palm Desert Mortgage Loan and one other*pari passu* loan, which is not an asset of the issuing entity. The other *paripassu* portion of the loan combination was securitized in the Morgan StanleyBank of America Merrill Lynch Trust 2015-C21 transaction, Commission FileNumber 333-180779-14 (the “MSBAM 2015-C21 Transaction”).This loan combination, including the Westfield Palm Desert Mortgage Loan, isbeing serviced and administered pursuant to the pooling and servicing agreementfor the MSBAM 2015-C21 Transaction, which is incorporated by reference asExhibit 4.4 to this Annual Report on Form 10-K.  KeyBank NationalAssociation is the master servicer under the pooling and servicing agreementfor the MSBAM 2015-C21 Transaction.  The responsibilities of KeyBankNational Association, as primary servicer of this loan combination with respectto the issuing entity, are subsumed within its responsibilities as masterservicer under the pooling and servicing agreement for the MSBAM 2015-C21Transaction.  Thus, the servicer compliance statement provided by KeyBankNational Association, as master servicer under such pooling and servicingagreement, encompasses its roles as both master servicer and primary servicerwith respect to this loan combination.

WellsFargo Bank, National Association is the master servicer and certificateadministrator of the mortgage loans serviced under the Pooling and ServicingAgreement, the certificate administrator of the Westfield Palm Desert MortgageLoan, the primary servicer and certificate administrator of the Depot ParkMortgage Loan and the primary servicer of the Boca Hamptons Plaza PortfolioMortgage Loan. As a result, Wells Fargo Bank, National Association is a“servicer” as defined in Item 1108(a)(2)(iii) of Regulation AB, inthe capacities 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 statementsdelivered by Wells Fargo Bank, National Association in the capacities describedabove are listed in the Exhibit Index.

Wells Fargo Bank, National Association is the custodian ofthe mortgage loans serviced under the Pooling and Servicing Agreement, theDepot Park Mortgage Loan and the Westfield Palm Desert Mortgage Loan.  Asa result, Wells Fargo Bank, National Association is a servicing functionparticipant in the capacities described above, because it is servicing mortgageloans that constituted 5% or more of the assets of the issuing entity as of itscut-off date. The assessments of compliance with applicable servicing criteriaand accountants’ attestation reports delivered by Wells Fargo Bank,National Association in the capacities described above are listed in theExhibit Index.

RialtoCapital Advisors, LLC is the special servicer of the mortgage loans servicedunder the Pooling and Servicing Agreement and the Depot Park Mortgage Loan andis the special servicer of the Boca Hamptons Plaza Portfolio Mortgage Loan onand after July 1, 2015. As a result, Rialto Capital Advisors, LLC is a“servicer” as defined in Item 1108(a)(2)(iii) of Regulation AB, inthe capacities 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 statementsdelivered by Rialto Capital Advisors, LLC in the capacities described above arelisted in the Exhibit Index.

WilmingtonTrust, National Association acts as trustee of the mortgage loans servicedunder the Pooling and Servicing Agreement and the Depot Park MortgageLoan.  Pursuant to the Pooling and Servicing Agreement and the pooling andservicing agreement for the WFCMT 2014-LC18 Transaction, the trustee isrequired to provide an assessment of compliance with applicable servicingcriteria solely with respect to Item 1122(d)(2)(iii) of Regulation AB(regarding advances of funds or guarantees regarding collections, cash flows ordistributions, and any interest or other fees charged for such advances, aremade, reviewed and approved as specified in the transaction agreements).However, during the reporting period, the trustee did not perform any servicingfunction with respect to the servicing criteria specified in Item1122(d)(2)(iii) of Regulation AB.  The master servicer or the specialservicer, to the extent required, performed the servicing function identifiedwith respect to Item 1122(d)(2)(iii) of Regulation AB, and each such partyincluded Item 1122(d)(2)(iii) of Regulation AB in the assessment of compliancewith applicable servicing criteria and accountant’s attestation reportfor the subject transaction.  As a result, this Annual Report on Form 10-Kdoes not include an assessment of compliance with applicable servicing criteriaof the trustee. One or more other servicers of the mortgage loans servicedunder the Pooling and Servicing Agreement and the Depot Park Mortgage Loan havedelivered one or more assessments of compliance with respect to Item1122(d)(2)(iii) of Regulation AB.

WellsFargo Bank, National Association acts as trustee of the Westfield Palm DesertMortgage Loan.  Pursuant to the pooling and servicing agreement for theMSBAM 2015-C21 Transaction, the trustee is required to provide an assessment ofcompliance with applicable servicing criteria solely with respect to Items1122(d)(1)(iv) (regarding a fidelity bond and errors and omissions policycovering each servicing function participant throughout the reporting period inthe amount of coverage required by and otherwise in accordance with the termsof the transaction agreements) and  1122(d)(2)(iii) of Regulation AB (regardingadvances of funds or guarantees regarding collections, cash flows ordistributions, and any interest or other fees charged for such advances, aremade, reviewed and approved as specified in the transaction agreements).However, the trustee is not required to deliver such assessment of compliancewith applicable servicing criteria with respect to any reporting period duringwhich there were no servicing criteria applicable to the trustee, as was thecase during the reporting period covered by this Annual Report on Form10-K.  As a result, this Annual Report on Form 10-K does not include anassessment of compliance with applicable servicing criteria of the trustee. Oneor more other servicers of the Westfield Palm Desert Mortgage Loan have deliveredone or more assessments of compliance with respect to Items 1122(d)(1)(iv) and1122(d)(2)(iii) of Regulation AB.

ThisAnnual Report on Form 10-K includes assessments of compliance with applicableservicing criteria and accountants’ attestation reports from CoreLogicCommercial Real Estate Services, Inc. and National Tax Search, LLC.  Theseentities were engaged by the master servicer of the Pooling and ServicingAgreement (except with respect to those mortgage loans for which PrudentialAsset Resources, Inc. is the primary servicer)  and the primary servicerunder the Depot Park Mortgage Loan and the Boca Hamptons Plaza PortfolioMortgage Loan to remit tax payments received from the escrow accounts ofborrowers to local taxing authorities, to report tax amounts due, to verify taxparcel information, and to verify non-escrow tax payments. These servicingfunctions are included within the servicing criteria set forth in Items1122(d)(4)(xi) and 1122(d)(4)(xii) of Regulation AB.  Therefore, under theprinciples-based definition of “servicer” set forth in Item 1101(j)of Regulation AB that looks to the functions that an entity performs, thesevendors are “servicers” for the purposes of Item 1122 of RegulationAB.  *See* Compliance and Disclosure Interpretations, Section 301.01(Item 1101(j)).

Withrespect to the *pari passu* loan combinations that includes the WestfieldPalm Desert Mortgage Loan, the Boca Hamptons Plaza Portfolio Mortgage Loan, theDepot Park Mortgage Loan, (i) the reports on assessment of compliance withservicing criteria and attestation reports on assessment of compliance withservicing criteria of Deutsche Bank Trust Company Americas as trustee andcustodian of the Boca Hamptons Plaza Portfolio Mortgage Loan, Citibank, N.A. ascertificate administrator of the Boca Hamptons Plaza Portfolio Mortgage Loanand Park Bridge Lender Services LLC as operating advisor of the Boca HamptonsPlaza Portfolio Mortgage Loan and the Depot Park Mortgage Loan, listed on theExhibit Index are omitted from this Annual Report on Form 10-K as they are notrequired to be included on this Annual Report on Form 10-K per Instruction 3 toItem 1122 of Regulation AB because they are parties performing activities thataddress servicing criteria relating to 5% or less of the assets of the issuingentity; and (ii) the servicer compliance statements of KeyBank NationalAssociation as master servicer of the Westfield Palm Desert Mortgage Loan, LNRPartners, LLC as special servicer of the Westfield Palm Desert Mortgage Loanand Citibank, N.A. as certificate administrator of the Boca Hamptons PlazaPortfolio Mortgage Loan, listed on the Exhibit Index are omitted from thisAnnual Report on Form 10-K as they are not required by Item 1123 of RegulationAB to be included on this Annual Report on Form 10-K because they are each anunaffiliated party that is not a “servicer” that meets the criteriain 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.  Selected Financial Data.**

Omitted.

**Item 7.  Management’s Discussion and Analysisof Financial 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.

**PART III**

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

Omitted.

**Item 11.  Executive Compensation.**

Omitted.

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

Omitted.

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

Omitted.

**Item 14.  Principal Accounting 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 Derivatives Instruments(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 ofno material pending legal proceeding involving the trust or any party relatedto the trust, other than routine litigation incidental to the duties of thoserespective parties, and the following, with respect to Wells Fargo Bank,National Association, as certificate administrator and custodian, KeyBankNational Association as primary servicer, Deutsche Bank  Trust CompanyAmericas as trustee and Citibank, N.A. as certificate administrator:

On June 18, 2014, a groupof institutional investors filed a civil complaint in the Supreme Court of theState of New York, New York County, against Wells Fargo Bank, N.A.(“Wells Fargo Bank”), in its capacity as trustee under 276residential mortgage backed securities (“RMBS”) trusts, which waslater amended on July 18, 2014, to increase the number of trusts to 284 RMBStrusts. On November 24, 2014, the plaintiffs filed a motion to voluntarilydismiss the state court action without prejudice. That same day, a group ofinstitutional investors filed a putative class action complaint in the UnitedStates District Court for the Southern District of New York (the“District Court”) against Wells Fargo Bank, alleging claims againstthe bank in its capacity as trustee for 274 RMBS trusts (the “FederalCourt Complaint”). In December 2014, the plaintiffs’ motion tovoluntarily dismiss their original state court action was granted. As with theprior state court action, the Federal Court Complaint is one of six similarcomplaints filed contemporaneously against RMBS trustees (Deutsche Bank,Citibank, HSBC, Bank of New York Mellon and US Bank) by a group ofinstitutional investor plaintiffs. The Federal Court Complaint against WellsFargo Bank alleges that the trustee caused losses to investors and asserts causesof action based upon, among other things, the trustee's alleged failure to: (i)notify and enforce repurchase obligations of mortgage loan sellers forpurported breaches of representations and warranties, (ii) notify investors ofalleged events of default, and (iii) abide by appropriate standards of carefollowing alleged events of default. Relief sought includes money damages in anunspecified amount, reimbursement of expenses, and equitable relief. Othercases alleging similar causes of action have been filed against Wells FargoBank and other trustees in the District Court by RMBS investors in these andother transactions, and these cases against Wells Fargo Bank are proceedingbefore the same District Court judge. A similar complaint was also filed May27, 2016 in New York state court by a different plaintiff investor. On January19, 2016, an order was entered in connection with the Federal Court Complaintin which the District Court declined to exercise jurisdiction over 261 trustsat issue in the Federal Court Complaint; the District Court also allowedplaintiffs to file amended complaints as to the remaining, non-dismissedtrusts, if they so chose, and three amended complaints have been filed. OnDecember 17, 2016, the investor plaintiffs in the 261 trusts dismissed from theFederal Court Complaint filed a new complaint in New York state court (the“State Court Complaint”). Motions to dismiss all of the actions arepending except for the recently filed State Court Complaint. There can be noassurances as to the outcome of the litigations, or the possible impact of thelitigations on the trustee or the RMBS trusts. However, Wells Fargo Bank deniesliability and believes that it has performed its obligations under the RMBStrusts in good faith, that its actions were not the cause of any losses toinvestors, and that it has meritorious defenses, and it intends to contest theplaintiffs’ claims vigorously.

On February 23, 2016, acertificate holder of the J.P. Morgan Chase Commercial Mortgage Securities Trust,Series 2007-CIBC18 (the “Trust”) filed suit in the Supreme Court ofNew York, County of New York, against KeyBank National Association and BerkadiaCommercial Mortgage LLC (collectively, the “Servicers”).  Thesuit was filed derivatively on behalf of the Trust.  The action wasbrought in connection with the Servicers’ determination of the fair valueof a loan, secured by the Bryant Park Hotel in New York City, held by the Trustand sold to an assignee of the Trust’s directing certificate holder, pursuantto an exercise of the fair value option set forth in the Pooling and ServicingAgreement governing the Trust.  There can be no assurances as to theoutcome of the action or the possible impact of the litigation on theServicers.  Both Servicers deny liability, believe that they performedtheir obligations in accordance with the terms of the Pooling and ServicingAgreement, and have contested the claims asserted against them, filing a motionto dismiss the case.  On November 28, 2016, the Servicers’ motion todismiss was granted.  The plaintiff certificate holder has filed a noticeof appeal, and the appeal is pending.

Deutsche Bank TrustCompany Americas (“DBTCA”) and Deutsche Bank National Trust Company(“DBNTC”) have been sued by investors in civil litigationconcerning their role as trustees of certain RMBS trusts. 

On June 18, 2014, a groupof investors, including funds managed by Blackrock Advisors, LLC,PIMCO-Advisors, L.P., and others, filed a derivative action against DBNTC andDBTCA in New York State Supreme Court purportedly on behalf of and for thebenefit of 544 private-label RMBS trusts asserting claims for allegedviolations of the U.S. Trust Indenture Act of 1939 (TIA), breach of contract,breach of fiduciary duty and negligence based on DBNTC and DBTCA’salleged failure to perform their duties as trustees for the trusts. Plaintiffssubsequently dismissed their state court complaint and filed a derivative andclass action complaint in the U.S. District Court for the Southern District ofNew York on behalf of and for the benefit of 564 private-label RMBS trusts,which substantially overlapped with the trusts at issue in the state courtaction. The complaint alleges that the trusts at issue have suffered totalrealized collateral losses of U.S. $89.4 billion, but the complaint does notinclude a demand for money damages in a sum certain. DBNTC and DBTCA filed amotion to dismiss, and on January 19, 2016, the court partially granted themotion on procedural grounds: as to the 500 trusts that are governed by Poolingand Servicing Agreements, the court declined to exercise jurisdiction. Thecourt did not rule on substantive defenses asserted in the motion todismiss.  On March 22, 2016, plaintiffs filed an amended complaint infederal court.  In the amended complaint, in connection with 62 trustsgoverned by indenture agreements, plaintiffs assert claims for breach ofcontract, violation of the TIA, breach of fiduciary duty, and breach of duty toavoid conflicts of interest.   The amended complaint alleges that thetrusts at issue have suffered total realized collateral losses of U.S. $9.8billion, but the complaint does not include a demand for money damages in a sumcertain.  On July 15, 2016, DBNTC and DBTCA filed a motion to dismiss theamended complaint.  On January 23, 2017, the court granted in part anddenied in part DBNTC and DBTCA’s motion to dismiss.  The courtgranted the motion to dismiss with respect to plaintiffs’conflict-of-interest claim, thereby dismissing it, and denied the motion todismiss with respect to plaintiffs’ breach of contract claim (except asnoted below) and claim for violation of the TIA, thereby allowing those claimsto proceed.  On January 26, 2017, the parties filed a joint stipulationand proposed order dismissing plaintiffs’ claim for breach of fiduciaryduty.  On January 27, 2017, the court entered the parties’ jointstipulation and ordered that plaintiffs’ claim for breach of fiduciaryduty be dismissed.  On February 3, 2017, following a hearing concerningDBNTC and DBTCA’s motion to dismiss on February 2, 2017, the court issueda short form order dismissing (i) plaintiffs’ representation and warrantyclaims as to 21 trusts whose originators and/or sponsors had entered bankruptcyand the deadline for asserting claims against such originators and/or sponsorshad passed as of 2009 and (ii) plaintiffs’ claims to the extent they werepremised upon any alleged pre-Event of Default duty to terminateservicers.  Discovery is ongoing.

On March 25, 2016, theBlackRock plaintiffs filed a state court action against DBTCA in the SuperiorCourt of California, Orange County with respect to 513 trusts.  On May 18,2016, plaintiffs filed an amended complaint with respect to 465 trusts, andincluded DBNTC as an additional defendant.  The amended complaint assertsthree causes of action:  breach of contract; breach of fiduciary duty; andbreach of the duty to avoid conflicts of interest.  Plaintiffs purport tobring the action on behalf of themselves and all other current owners of certificatesin the 465 trusts.  The amended complaint alleges that the trusts at issuehave suffered total realized collateral losses of U.S. $75.7 billion, but doesnot include a demand for money damages in a sum certain.  On August 22,2016, DBNTC and DBTCA filed a demurrer as to Plaintiffs’ breach offiduciary duty cause of action and breach of the duty to avoid conflicts ofinterest cause of action and motion to strike as to Plaintiffs’ breach ofcontract cause of action.  On October 18, 2016, the court granted DBNTCand DBTCA’s demurrer, providing Plaintiffs with thirty days’ leaveto amend, and denied DBNTC and DBTCA’s motion to strike.  Plaintiffsdid not further amend their complaint and, on December 19, 2016, DBNTC andDBTCA filed an answer to the amended complaint.  Discovery is ongoing.

On December 30, 2015, IKBInternational, S.A. in Liquidation and IKB Deutsche Industriebank A.G.(collectively, “IKB”), as an investor in 37 RMBS trusts, filed asummons with notice in the Supreme Court of the State of New York, New YorkCounty, against DBNTC and DBTCA as trustees of the trusts.  On May 27,2016, IKB served its complaint asserting claims for breach of contract, breachof fiduciary duty, breach of duty to avoid conflicts of interest, violation ofNew York’s Streit Act, violation of the Trust Indenture Act, violation ofRegulation AB, and violation of Section 9 of the Uniform Commercial Code. IKB alleges that DBNTC and DBTCA are liable for over U.S. $268 million indamages.  On October 5, 2016, DBNTC and DBTCA, together with several othertrustees defending lawsuits by IKB, filed a joint motion to dismiss.  OnJanuary 6, 2017, IKB filed a notice of discontinuance, voluntarily dismissingwith prejudice all claims as to three trusts.  As of January 17, 2017,DBNTC and DBTCA’s motion to dismiss has been briefed and is awaitingdecision by the court.  Certain limited discovery is permitted to goforward while the motion to dismiss is pending.

It is DBTCA’sbelief that it has no pending legal proceedings (including, based onDBTCA’s present evaluation, the litigation disclosed in the foregoingparagraphs) that would materially affect its ability to perform its duties asTrustee and Custodian under the pooling and servicing agreement for the CGCMT2015-GC27 transaction.

Citibank, N.A.(“Citibank”) is acting as certificate administrator of the CGCMT2015-GC27 transaction.  In the ordinary course of business, Citibank isinvolved in a number of legal proceedings, including in connection with itsrole as trustee of certain RMBS transactions.  Certain of these Citibankas trustee-related matters are disclosed herein. 

On June 18, 2014, a civilaction was filed against Citibank in the Supreme Court of the State of New Yorkby a group of investors in 48 private-label RMBS trusts for which Citibankallegedly serves or did serve as trustee, asserting claims for purportedviolations of the Trust Indenture Act of 1939 (the “Trust IndentureAct”), breach of contract, breach of fiduciary duty and negligence based onCitibank’s alleged failure to perform its duties as trustee for the 48RMBS trusts.  On November 24, 2014, plaintiffs sought leave to withdrawthis action.  On the same day, a smaller subset of similar plaintiffinvestors in 27 private-label RMBS trusts for which Citibank allegedly servesor did serve as trustee, filed a new civil action against Citibank in theUnited States District Court for the Southern District of New York assertingsimilar claims as the prior action filed in state court.  In January 2015,the court closed plaintiffs’ original state court action. Citibank’s motion to dismiss the federal complaint was fully briefed asof May 13, 2015.  On September 8, 2015, the federal court dismissed allclaims as to 24 of the 27 trusts and allowed certain of the claims to proceedas to the other three trusts. Subsequently, plaintiffs voluntarily dismissedall claims with respect to two of the three trusts. This case is still pendingas to the one remaining trust at issue.

On November 24, 2015, thesame investors that brought the federal case brought a new civil action in theSupreme Court of the State of New York related to 25 private-label RMBS trustsfor which Citibank allegedly serves or did serve as trustee.  This caseincludes the 24 trusts previously dismissed in the federal action, and oneadditional trust.  The investors assert claims for breach of contract,breach of fiduciary duty, breach of duty to avoid conflicts of interest, andviolation of New York’s Streit Act (the “Streit Act”). Citibank’s motion to dismiss was fully briefed as of April 15,2016.  Following oral argument on Citibank’s motion to dismiss,Plaintiffs filed an amended complaint on August 5, 2016.  Citibank’smotion to dismiss the amended complaint was fully briefed as of October 21, 2016.We await a decision.  

On August 19, 2015, theFederal Deposit Insurance Corporation (FDIC) as Receiver for a financialinstitution filed a civil action against Citibank in the Southern District ofNew York.  This action relates to one private-label RMBS trust for whichCitibank formerly served as trustee.  FDIC asserts claims for breach ofcontract, violation of the Streit Act, and violation of the Trust IndentureAct. Citibank jointly briefed a motion to dismiss with The Bank of New YorkMellon and U.S. Bank, entities that have also been sued by FDIC in theircapacity as trustee, and whose cases are also in front of Judge Carter.Defendants’ joint motion to dismiss was fully briefed as of March 22, 2016. On September 30, 2016, the Court granted Citibank’s motion to dismiss thecomplaint without prejudice for lack of subject matter jurisdiction.  OnOctober 14, 2016, FDIC filed a motion for reargument or relief from judgmentfrom the Court’s dismissal order.  On October 25, 2016, the courtgranted leave for defendants to file an opposition brief.  Defendantsfiled their opposition on November 15, 2016 and Plaintiff filed its reply briefon November 22, 2016. We await a decision from the Court on plaintiff’smotion.

There can be noassurances as to the outcome of litigation or the possible impact of litigationon the trustee or the RMBS trusts.  However, Citibank denies liability andcontinues to vigorously defend against these litigations.  Furthermore, neitherthe above-disclosed litigations nor any other pending legal proceedinginvolving Citibank will materially affect Citibank’s ability to performits duties as certificate administrator under the pooling and servicingagreement for the CGCMT 2015-GC27 CMBS transaction.

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

The information regarding this Item has been previouslyprovided in a prospectus supplement of the Registrant relating to the issuingentity filed on March 12, 2015 pursuant to Rule 424(b)(5).

**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 ScheduleIII to the Pooling and Servicing Agreement incorporated by reference as Exhibit4.1 to this Annual Report on Form 10-K is a chart identifying the entitiesparticipating in a servicing function for the transaction responsible for eachapplicable servicing criteria set forth in Item 1122(d).

The reports on assessments of compliance with the servicingcriteria for asset-backed securities and related attestation reports on suchassessments of compliance with respect to the Depot Park Mortgage Loan, whichis being serviced and administered pursuant to the pooling and servicingagreement for the WFCMT 2014-LC18 Transaction, are attached hereto under Item15 to this Annual Report on Form 10-K. Attached as Schedule III to the poolingand servicing agreement for the WFCMT 2014-LC18 Transaction incorporated byreference as Exhibit 4.2 to this Annual Report on Form 10-K is a chartidentifying the entities participating in a servicing function for the WFCMT2014-LC18 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 Boca Hamptons Plaza PortfolioMortgage Loan, which is being serviced and administered pursuant to the poolingand servicing agreement for the CGCMT 2015-GC27 Transaction, are attachedhereto under Item 15 to this Annual Report on Form 10-K. Attached as Exhibit Oto the pooling and servicing agreement for the CGCMT 2015-GC27 Transactionincorporated by reference as Exhibit 4.3 to this Annual Report on Form 10-K isa chart identifying the entities participating in a servicing function for theCGCMT 2015-GC27 Transaction responsible for each applicable servicing criteriaset forth in Item 1122(d).

The reports on assessments of compliance with the servicingcriteria for asset-backed securities and related attestation reports on suchassessments of compliance with respect to the Westfield Palm Desert MortgageLoan, which is being serviced and administered pursuant to the pooling andservicing agreement for the MSBAM 2015-C21 Transaction, are attached heretounder Item 15 to this Annual Report on Form 10-K. Attached as Schedule X to thepooling and servicing agreement for the MSBAM 2015-C21 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 MSBAM2015-C21 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. Exhibits, 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 ServicingAgreement, dated as of March 1, 2015, by and among Wells Fargo CommercialMortgage Securities, Inc., as Depositor, Wells Fargo Bank, NationalAssociation, as Master Servicer, Rialto Capital Advisors, LLC, as SpecialServicer, TriMont Real Estate Advisors, Inc., as Trust Advisor, Wells FargoBank, National Association, as Certificate Administrator, as Tax Administratorand as Custodian, and Wilmington Trust, National Association, as Trustee (filedas Exhibit 4.1 to the registrant’s Current Report on Form 8-K filed onMarch 13, 2015 under Commission File No. 333-195164-05 and incorporated byreference herein).

 

4.2 Pooling and ServicingAgreement, dated as of December 1, 2014, by and among Wells Fargo CommercialMortgage Securities, Inc., as Depositor, Wells Fargo Bank, NationalAssociation, as General Master Servicer, Rialto Capital Advisors, LLC, asGeneral Special Servicer, NCB, FSB, as NCB Master Servicer, NCB, FSB, as NCBSpecial Servicer, Park Bridge Lender Services LLC, as Trust Advisor, WellsFargo Bank, National Association, as Certificate Administrator, as TaxAdministrator and as Custodian, and Wilmington Trust, National Association, asTrustee (filed as Exhibit 4.3 to the registrant’s Current Report on Form8-K filed on March 13, 2015 under Commission File No. 333-195164-05 andincorporated by reference herein).

 

4.3 Pooling and ServicingAgreement, dated as of February 1, 2015, by and among Citigroup CommercialMortgage Securities Inc., as Depositor, Wells Fargo Bank, National Association,as Master Servicer, Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Special Servicer, Park Bridge Lender Services LLC, as OperatingAdvisor, Citibank, N.A., as Certificate Administrator, and Deutsche Bank TrustCompany Americas, as Trustee (filed as Exhibit 4.4 to the registrant’sCurrent Report on Form 8-K filed on March 13, 2015 under Commission File No.333-195164-05 and incorporated by reference herein).

 

4.4 Pooling and ServicingAgreement, dated as of February 1, 2015, by and among Morgan Stanley Capital IInc., as Depositor, KeyBank National Association, as Master Servicer, LNRPartners, LLC, as General Special Servicer, CWCapital Asset Management LLC, asExcluded Mortgage Loan Special Servicer, Situs Holdings, LLC, as Trust Advisor,and Wells Fargo Bank, National Association, as Trustee, CertificateAdministrator, Certificate Registrar, Authenticating Agent and Custodian (filedas Exhibit 4.2 to the registrant’s Current Report on Form 8-K filed onMarch 13, 2015 under Commission File No. 333-195164-05 and incorporated byreference herein).

 

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

 

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

| 33.1 Wells Fargo Bank,   National Association, as Master Servicer                                                                                                |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 33.2 Rialto Capital  Advisors, LLC, as Special Servicer                                                                                                          |
| 33.3 Wilmington Trust,  National Association, as Trustee (Omitted. See Explanatory Notes.)                                                                       |
| 33.4 Wells Fargo Bank,  National Association, as Certificate Administrator                                                                                       |
| 33.5 Wells Fargo Bank,  National Association, as Custodian                                                                                                       |
| 33.6 TriMont Real Estate  Advisors, Inc., as Trust Advisor                                                                                                       |
| 33.7 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant                                                                         |
| 33.8 National Tax Search,  LLC, as Servicing Function Participant                                                                                                |
| 33.9 Prudential Asset  Resources, Inc., as Primary Servicer                                                                                                      |
| 33.10 Principal Global  Investors, LLC, as Primary Servicer                                                                                                      |
| 33.11 Wells Fargo Bank,  National Association, as Primary Servicer of the Depot Park Mortgage Loan  (see Exhibit 33.1)                                           |
| 33.12 Rialto Capital  Advisors, LLC, as Special Servicer of the Depot Park Mortgage Loan (see  Exhibit 33.2)                                                     |
| 33.13 Wilmington Trust,  National Association, as Trustee of the Depot Park Mortgage Loan (Omitted.  See Explanatory Notes.)                                     |
| 33.14 Wells Fargo Bank,  National Association, as Certificate Administrator of the Depot Park Mortgage  Loan (see Exhibit 33.4)                                  |
| 33.15 Wells Fargo Bank,  National Association, as Custodian of the Depot Park Mortgage Loan (see  Exhibit 33.5)                                                  |
| 33.16 Park Bridge Lender  Services LLC, as Trust Advisor of the Depot Park Mortgage Loan (Omitted. See  Explanatory Notes.)                                      |
| 33.17 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant of the Depot  Park Mortgage Loan (see Exhibit 33.7)                    |
| 33.18 National Tax Search,  LLC, as Servicing Function Participant of the Depot Park Mortgage Loan (see  Exhibit 33.8)                                           |
| 33.19 Wells Fargo Bank,  National Association, as Primary Servicer of the Boca Hamptons Plaza  Portfolio Mortgage Loan (see Exhibit 33.1)                        |
| 33.20 Rialto Capital  Advisors, LLC, as Special Servicer of the Boca Hamptons Plaza Portfolio  Mortgage Loan (see Exhibit 33.2)                                  |
| 33.21 Deutsche Bank Trust  Company Americas, as Trustee and Custodian of the Boca Hamptons Plaza  Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)      |
| 33.22 Citibank, N.A., as  Certificate Administrator of the Boca Hamptons Mortgage Loan (Omitted. See  Explanatory Notes.)                                        |
| 33.23 Deutsche Bank Trust  Company Americas, as Custodian of the Boca Hamptons Mortgage Loan (Omitted.  See Explanatory Notes.)                                  |
| 33.24 Park Bridge Lender Services,  LLC, as Operating Advisor of the Boca Hamptons Mortgage Loan (Omitted. see  Explanatory Notes.)                              |
| 33.25 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant of the Boca  Hamptons Plaza Portfolio Mortgage Loan (see Exhibit 33.7) |
| 33.26 National Tax Search,  LLC, as Servicing Function Participant of the Boca Hamptons Plaza Portfolio  Mortgage Loan (see Exhibit 33.8)                        |
| 33.27 KeyBank National  Association, as Primary Servicer of the Westfield Palm Desert Mortgage Loan                                                              |
| 33.28 LNR Partners, LLC, as  Special Servicer of the Westfield Palm Desert Mortgage Loan                                                                         |
| 33.29 Wells Fargo Bank,  National Association, as Trustee of the Westfield Palm Desert Mortgage Loan  (Omitted. See Explanatory Notes.)                          |
| 33.30 Wells Fargo Bank, National  Association, as Certificate Administrator of the Westfield Palm Desert  Mortgage Loan (see Exhibit 33.4)                       |
| 33.31 Wells Fargo Bank,  National Association, as Custodian of the Westfield Palm Desert Mortgage Loan  (see Exhibit 33.5)                                       |
| 33.32 Situs Holdings, LLC,  as Trust Advisor of the Westfield Palm Desert Mortgage Loan                                                                          |

 

34Attestation reports on assessment of compliance with servicing criteria forasset-backed securities.

| 34.1 Wells Fargo Bank,   National Association, as Master Servicer                                                                                                |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 34.2 Rialto Capital  Advisors, LLC, as Special Servicer                                                                                                          |
| 34.3 Wilmington Trust,  National Association, as Trustee (Omitted. See Explanatory Notes.)                                                                       |
| 34.4 Wells Fargo Bank,  National Association, as Certificate Administrator                                                                                       |
| 34.5 Wells Fargo Bank,  National Association, as Custodian                                                                                                       |
| 34.6 TriMont Real Estate  Advisors, Inc., as Trust Advisor                                                                                                       |
| 34.7 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant                                                                         |
| 34.8 National Tax Search, LLC,  as Servicing Function Participant                                                                                                |
| 34.9 Prudential Asset  Resources, Inc., as Primary Servicer                                                                                                      |
| 34.10 Principal Global  Investors, LLC, as Primary Servicer                                                                                                      |
| 34.11 Wells Fargo Bank,  National Association, as Primary Servicer of the Depot Park Mortgage Loan  (see Exhibit 34.1)                                           |
| 34.12 Rialto Capital  Advisors, LLC, as Special Servicer of the Depot Park Mortgage Loan (see  Exhibit 34.2)                                                     |
| 34.13 Wilmington Trust,  National Association, as Trustee of the Depot Park Mortgage Loan (Omitted. See  Explanatory Notes.)                                     |
| 34.14 Wells Fargo Bank,  National Association, as Certificate Administrator of the Depot Park Mortgage  Loan (see Exhibit 34.4)                                  |
| 34.15 Wells Fargo Bank,  National Association, as Custodian of the Depot Park Mortgage Loan (see Exhibit  34.5)                                                  |
| 34.16 Park Bridge Lender  Services LLC, as Trust Advisor of the Depot Park Mortgage Loan (Omitted. See  Explanatory Notes.)                                      |
| 34.17 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant of the Depot Park  Mortgage Loan (see Exhibit 34.7)                    |
| 34.18 National Tax Search,  LLC, as Servicing Function Participant of the Depot Park Mortgage Loan (see  Exhibit 34.8)                                           |
| 34.19 Wells Fargo Bank,  National Association, as Primary Servicer of the Boca Hamptons Plaza Portfolio  Mortgage Loan (see Exhibit 34.1)                        |
| 34.20 Rialto Capital  Advisors, LLC, as Special Servicer of the Boca Hamptons Plaza Portfolio  Mortgage Loan (see Exhibit 34.2)                                  |
| 34.21 Deutsche Bank Trust  Company Americas, as Trustee and Custodian of the Boca Hamptons Plaza  Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)      |
| 34.22 Citibank, N.A., as  Certificate Administrator of the Boca Hamptons Mortgage Loan (Omitted. See  Explanatory Notes.)                                        |
| 34.23 Deutsche Bank Trust Company  Americas, as Custodian of the Boca Hamptons Mortgage Loan (Omitted. See  Explanatory Notes.)                                  |
| 34.24 Park Bridge Lender  Services, LLC, as Operating Advisor of the Boca Hamptons Mortgage Loan  (Omitted. see Explanatory Notes.)                              |
| 34.25 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant of the Boca  Hamptons Plaza Portfolio Mortgage Loan (see Exhibit 34.7) |
| 34.26 National Tax Search,  LLC, as Servicing Function Participant of the Boca Hamptons Plaza Portfolio  Mortgage Loan (see Exhibit 34.8)                        |
| 34.27 KeyBank National  Association, as Primary Servicer of the Westfield Palm Desert Mortgage Loan                                                              |
| 34.28 LNR Partners, LLC, as  Special Servicer of the Westfield Palm Desert Mortgage Loan                                                                         |
| 34.29 Wells Fargo Bank, National  Association, as Trustee of the Westfield Palm Desert Mortgage Loan (Omitted.  See Explanatory Notes.)                          |
| 34.30 Wells Fargo Bank,  National Association, as Certificate Administrator of the Westfield Palm  Desert Mortgage Loan (see Exhibit 34.4)                       |
| 34.31 Wells Fargo Bank,  National Association, as Custodian of the Westfield Palm Desert Mortgage Loan  (see Exhibit 34.5)                                       |
| 34.32 Situs Holdings, LLC,  as Trust Advisor of the Westfield Palm Desert Mortgage Loan                                                                          |
|                                                                                                                                                             |   |

 

35 Servicercompliance statements.

| 35.1 Wells Fargo Bank,   National Association, as Master Servicer                                                                      |
|----------------------------------------------------------------------------------------------------------------------------------------|
| 35.2 Rialto Capital  Advisors, LLC, as Special Servicer                                                                                |
| 35.3 Wells Fargo Bank,  National Association, as Certificate Administrator                                                             |
| 35.4 Prudential Asset  Resources, Inc., as Primary Servicer                                                                            |
| 35.5 Principal Global  Investors, LLC, as Primary Servicer                                                                             |
| 35.6 Wells Fargo Bank,  National Association, as Primary Servicer of the Depot Park Mortgage Loan                                      |
| 35.7 Rialto Capital Advisors,  LLC, as Special Servicer of the Depot Park Mortgage Loan                                                |
| 35.8 Wells Fargo Bank,  National Association, as Certificate Administrator of the Depot Park Mortgage  Loan                            |
| 35.9 Wells Fargo Bank,  National Association, as Primary Servicer of the Boca Hamptons Plaza  Portfolio Mortgage Loan                  |
| 35.10 Rialto Capital  Advisors, LLC, as Special Servicer of the Boca Hamptons Plaza Portfolio  Mortgage Loan                           |
| 35.11 Citibank, N.A., as  Certificate Administrator of the Boca Hamptons Mortgage Loan (Omitted. See  Explanatory Notes.)              |
| 35.12 KeyBank National  Association, as Primary Servicer of the Westfield Palm Desert Mortgage Loan  (Omitted. See Explanatory Notes.) |
| 35.13 LNR Partners, LLC, as Special  Servicer of the Westfield Palm Desert Mortgage Loan (Omitted. See Explanatory  Notes.)            |
| 35.14 Wells Fargo Bank,  National Association, as Certificate Administrator of the Westfield Palm  Desert Mortgage Loan                |
|                                                                                                                                   |   |

 

99.1 Mortgage Loan PurchaseAgreement, dated as of March 3, 2015, between Wells Fargo Commercial MortgageSecurities, Inc. and Wells Fargo Bank, National Association (filed as Exhibit99.1 to the registrant’s Current Report on Form 8-K filed on March 13, 2015under Commission File No. 333-195164-05 and incorporated by reference herein)

 

99.2 Mortgage Loan PurchaseAgreement, dated as of March 3, 2015, between Wells Fargo Commercial MortgageSecurities, Inc. and Rialto Mortgage Finance, LLC (filed as Exhibit 99.2 to theregistrant’s Current Report on Form 8-K filed on March 13, 2015 underCommission File No. 333-195164-05 and incorporated by reference herein)

 

99.3 Mortgage Loan PurchaseAgreement, dated as of March 3, 2015, between Wells Fargo Commercial MortgageSecurities, Inc. and Macquarie US Trading LLC d/b/a Principal CommercialCapital (filed as Exhibit 99.3 to the registrant’s Current Report on Form8-K filed on March 13, 2015 under Commission File No. 333-195164-05 andincorporated by reference herein)

 

99.4 Mortgage Loan PurchaseAgreement, dated as of March 3, 2015, among Wells Fargo Commercial MortgageSecurities, Inc., Liberty Island Group I LLC and Liberty Island Group LLC(filed as Exhibit 99.4 to the registrant’s Current Report on Form 8-K filedon March 13, 2015 under Commission File No. 333-195164-05 and incorporated byreference herein)

 

99.5 Mortgage Loan PurchaseAgreement, dated as of March 3, 2015, between Wells Fargo Commercial MortgageSecurities, Inc. and C-III Commercial Mortgage LLC (filed as Exhibit 99.5 tothe registrant’s Current Report on Form 8-K filed on March 13, 2015 underCommission File No. 333-195164-05 and incorporated by reference herein)

 

99.6 Mortgage Loan Purchase Agreement,dated as of March 3, 2015, among Wells Fargo Commercial Mortgage Securities,Inc., Basis Real Estate Capital II, LLC and Basis Investment Group LLC (filedas Exhibit 99.6 to the registrant’s Current Report on Form 8-K filed onMarch 13, 2015 under Commission File No. 333-195164-05 and incorporated byreference herein)

 

99.7 Primary ServicingAgreement, dated as of March 1, 2015, between Wells Fargo Bank, NationalAssociation, as Master Servicer, and Prudential Asset Resources, Inc., asPrimary Servicer (filed as Exhibit 99.7 to the registrant’s CurrentReport on Form 8-K filed on March 13, 2015 under Commission File No.333-195164-05 and incorporated by reference herein)

 

99.8 Sub-Servicing Agreement,dated as of March 1, 2015, between Wells Fargo Bank, National Association, asMaster Servicer, and Principal Global Investors, LLC, as Sub-Servicer (filed asExhibit 99.8 to the registrant’s Current Report on Form 8-K filed onMarch 13, 2015 under Commission File No. 333-195164-05 and incorporated byreference herein)

 

(b)The exhibits required to be filed by the Registrant pursuant to Item 601 ofRegulation S-K are listed above and in the Exhibit Index that immediatelyfollows the signature page hereof.

 

(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.

 

WellsFargo Commercial Mortgage Securities, Inc.

(Depositor)

 

/s/Anthony Sfarra

AnthonySfarra, President 

(seniorofficer in charge of securitization of the depositor)

 

Date:March 24, 2017

 

 

Exhibit Index

 

Exhibit No.

 

4.1 Pooling and Servicing Agreement,dated as of March 1, 2015, by and among Wells Fargo Commercial MortgageSecurities, Inc., as Depositor, Wells Fargo Bank, National Association, asMaster Servicer, Rialto Capital Advisors, LLC, as Special Servicer, TriMontReal Estate Advisors, Inc., as Trust Advisor, Wells Fargo Bank, NationalAssociation, as Certificate Administrator, as Tax Administrator and asCustodian, and Wilmington Trust, National Association, as Trustee (filed asExhibit 4.1 to the registrant’s Current Report on Form 8-K filed on March13, 2015 under Commission File No. 333-195164-05 and incorporated by referenceherein).

 

4.2 Pooling and ServicingAgreement, dated as of December 1, 2014, by and among Wells Fargo CommercialMortgage Securities, Inc., as Depositor, Wells Fargo Bank, NationalAssociation, as General Master Servicer, Rialto Capital Advisors, LLC, asGeneral Special Servicer, NCB, FSB, as NCB Master Servicer, NCB, FSB, as NCBSpecial Servicer, Park Bridge Lender Services LLC, as Trust Advisor, WellsFargo Bank, National Association, as Certificate Administrator, as TaxAdministrator and as Custodian, and Wilmington Trust, National Association, asTrustee (filed as Exhibit 4.3 to the registrant’s Current Report on Form8-K filed on March 13, 2015 under Commission File No. 333-195164-05 andincorporated by reference herein).

 

4.3 Pooling and ServicingAgreement, dated as of February 1, 2015, by and among Citigroup CommercialMortgage Securities Inc., as Depositor, Wells Fargo Bank, National Association,as Master Servicer, Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Special Servicer, Park Bridge Lender Services LLC, as OperatingAdvisor, Citibank, N.A., as Certificate Administrator, and Deutsche Bank TrustCompany Americas, as Trustee (filed as Exhibit 4.4 to the registrant’sCurrent Report on Form 8-K filed on March 13, 2015 under Commission File No.333-195164-05 and incorporated by reference herein).

 

4.4 Pooling and ServicingAgreement, dated as of February 1, 2015, by and among Morgan Stanley Capital IInc., as Depositor, KeyBank National Association, as Master Servicer, LNRPartners, LLC, as General Special Servicer, CWCapital Asset Management LLC, asExcluded Mortgage Loan Special Servicer, Situs Holdings, LLC, as Trust Advisor,and Wells Fargo Bank, National Association, as Trustee, CertificateAdministrator, Certificate Registrar, Authenticating Agent and Custodian (filedas Exhibit 4.2 to the registrant’s Current Report on Form 8-K filed onMarch 13, 2015 under Commission File No. 333-195164-05 and incorporated byreference herein).

 

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

 

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

| 33.1 Wells Fargo Bank,   National Association, as Master Servicer                                                                                                |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 33.2 Rialto Capital  Advisors, LLC, as Special Servicer                                                                                                          |
| 33.3 Wilmington Trust,  National Association, as Trustee (Omitted. See Explanatory Notes.)                                                                       |
| 33.4 Wells Fargo Bank, National  Association, as Certificate Administrator                                                                                       |
| 33.5 Wells Fargo Bank,  National Association, as Custodian                                                                                                       |
| 33.6 TriMont Real Estate  Advisors, Inc., as Trust Advisor                                                                                                       |
| 33.7 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant                                                                         |
| 33.8 National Tax Search,  LLC, as Servicing Function Participant                                                                                                |
| 33.9 Prudential Asset  Resources, Inc., as Primary Servicer                                                                                                      |
| 33.10 Principal Global  Investors, LLC, as Primary Servicer                                                                                                      |
| 33.11 Wells Fargo Bank, National  Association, as Primary Servicer of the Depot Park Mortgage Loan (see Exhibit  33.1)                                           |
| 33.12 Rialto Capital  Advisors, LLC, as Special Servicer of the Depot Park Mortgage Loan (see  Exhibit 33.2)                                                     |
| 33.13 Wilmington Trust,  National Association, as Trustee of the Depot Park Mortgage Loan (Omitted.  See Explanatory Notes.)                                     |
| 33.14 Wells Fargo Bank,  National Association, as Certificate Administrator of the Depot Park Mortgage  Loan (see Exhibit 33.4)                                  |
| 33.15 Wells Fargo Bank, National  Association, as Custodian of the Depot Park Mortgage Loan (see Exhibit 33.5)                                                   |
| 33.16 Park Bridge Lender  Services LLC, as Trust Advisor of the Depot Park Mortgage Loan (Omitted. See  Explanatory Notes.)                                      |
| 33.17 CoreLogic Commercial Real  Estate Services, Inc., as Servicing Function Participant of the Depot Park  Mortgage Loan (see Exhibit 33.7)                    |
| 33.18 National Tax Search,  LLC, as Servicing Function Participant of the Depot Park Mortgage Loan (see  Exhibit 33.8)                                           |
| 33.19 Wells Fargo Bank,  National Association, as Primary Servicer of the Boca Hamptons Plaza  Portfolio Mortgage Loan (see Exhibit 33.1)                        |
| 33.20 Rialto Capital  Advisors, LLC, as Special Servicer of the Boca Hamptons Plaza Portfolio  Mortgage Loan (see Exhibit 33.2)                                  |
| 33.21 Deutsche Bank Trust  Company Americas, as Trustee and Custodian of the Boca Hamptons Plaza  Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)      |
| 33.22 Citibank, N.A., as  Certificate Administrator of the Boca Hamptons Mortgage Loan (Omitted. See  Explanatory Notes.)                                        |
| 33.23 Deutsche Bank Trust  Company Americas, as Custodian of the Boca Hamptons Mortgage Loan (Omitted.  See Explanatory Notes.)                                  |
| 33.24 Park Bridge Lender  Services, LLC, as Operating Advisor of the Boca Hamptons Mortgage Loan  (Omitted. see Explanatory Notes.)                              |
| 33.25 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant of the Boca  Hamptons Plaza Portfolio Mortgage Loan (see Exhibit 33.7) |
| 33.26 National Tax Search,  LLC, as Servicing Function Participant of the Boca Hamptons Plaza Portfolio  Mortgage Loan (see Exhibit 33.8)                        |
| 33.27 KeyBank National  Association, as Primary Servicer of the Westfield Palm Desert Mortgage Loan                                                              |
| 33.28 LNR Partners, LLC, as  Special Servicer of the Westfield Palm Desert Mortgage Loan                                                                         |
| 33.29 Wells Fargo Bank,  National Association, as Trustee of the Westfield Palm Desert Mortgage Loan  (Omitted. See Explanatory Notes.)                          |
| 33.30 Wells Fargo Bank, National  Association, as Certificate Administrator of the Westfield Palm Desert  Mortgage Loan (see Exhibit 33.4)                       |
| 33.31 Wells Fargo Bank,  National Association, as Custodian of the Westfield Palm Desert Mortgage Loan  (see Exhibit 33.5)                                       |
| 33.32 Situs Holdings, LLC,  as Trust Advisor of the Westfield Palm Desert Mortgage Loan                                                                          |

 

34Attestation reports on assessment of compliance with servicing criteria forasset-backed securities.

| 34.1 Wells Fargo Bank,   National Association, as Master Servicer                                                                                                |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 34.2 Rialto Capital  Advisors, LLC, as Special Servicer                                                                                                          |
| 34.3 Wilmington Trust,  National Association, as Trustee (Omitted. See Explanatory Notes.)                                                                       |
| 34.4 Wells Fargo Bank,  National Association, as Certificate Administrator                                                                                       |
| 34.5 Wells Fargo Bank, National  Association, as Custodian                                                                                                       |
| 34.6 TriMont Real Estate  Advisors, Inc., as Trust Advisor                                                                                                       |
| 34.7 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant                                                                         |
| 34.8 National Tax Search, LLC,  as Servicing Function Participant                                                                                                |
| 34.9 Prudential Asset  Resources, Inc., as Primary Servicer                                                                                                      |
| 34.10 Principal Global  Investors, LLC, as Primary Servicer                                                                                                      |
| 34.11 Wells Fargo Bank, National  Association, as Primary Servicer of the Depot Park Mortgage Loan (see Exhibit  34.1)                                           |
| 34.12 Rialto Capital  Advisors, LLC, as Special Servicer of the Depot Park Mortgage Loan (see  Exhibit 34.2)                                                     |
| 34.13 Wilmington Trust,  National Association, as Trustee of the Depot Park Mortgage Loan (Omitted.  See Explanatory Notes.)                                     |
| 34.14 Wells Fargo Bank,  National Association, as Certificate Administrator of the Depot Park Mortgage  Loan (see Exhibit 34.4)                                  |
| 34.15 Wells Fargo Bank, National  Association, as Custodian of the Depot Park Mortgage Loan (see Exhibit 34.5)                                                   |
| 34.16 Park Bridge Lender  Services LLC, as Trust Advisor of the Depot Park Mortgage Loan (Omitted. See  Explanatory Notes.)                                      |
| 34.17 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant of the Depot  Park Mortgage Loan (see Exhibit 34.7)                    |
| 34.18 National Tax Search,  LLC, as Servicing Function Participant of the Depot Park Mortgage Loan (see  Exhibit 34.8)                                           |
| 34.19 Wells Fargo Bank,  National Association, as Primary Servicer of the Boca Hamptons Plaza  Portfolio Mortgage Loan (see Exhibit 34.1)                        |
| 34.20 Rialto Capital  Advisors, LLC, as Special Servicer of the Boca Hamptons Plaza Portfolio  Mortgage Loan (see Exhibit 34.2)                                  |
| 34.21 Deutsche Bank Trust  Company Americas, as Trustee and Custodian of the Boca Hamptons Plaza  Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)      |
| 34.22 Citibank, N.A., as  Certificate Administrator of the Boca Hamptons Mortgage Loan (Omitted. See  Explanatory Notes.)                                        |
| 34.23 Deutsche Bank Trust  Company Americas, as Custodian of the Boca Hamptons Mortgage Loan (Omitted.  See Explanatory Notes.)                                  |
| 34.24 Park Bridge Lender  Services, LLC, as Operating Advisor of the Boca Hamptons Mortgage Loan (Omitted.  see Explanatory Notes.)                              |
| 34.25 CoreLogic Commercial  Real Estate Services, Inc., as Servicing Function Participant of the Boca  Hamptons Plaza Portfolio Mortgage Loan (see Exhibit 34.7) |
| 34.26 National Tax Search, LLC,  as Servicing Function Participant of the Boca Hamptons Plaza Portfolio  Mortgage Loan (see Exhibit 34.8)                        |
| 34.27 KeyBank National  Association, as Primary Servicer of the Westfield Palm Desert Mortgage Loan                                                              |
| 34.28 LNR Partners, LLC, as  Special Servicer of the Westfield Palm Desert Mortgage Loan                                                                         |
| 34.29 Wells Fargo Bank,  National Association, as Trustee of the Westfield Palm Desert Mortgage Loan  (Omitted. See Explanatory Notes.)                          |
| 34.30 Wells Fargo Bank, National  Association, as Certificate Administrator of the Westfield Palm Desert  Mortgage Loan (see Exhibit 34.4)                       |
| 34.31 Wells Fargo Bank,  National Association, as Custodian of the Westfield Palm Desert Mortgage Loan  (see Exhibit 34.5)                                       |
| 34.32 Situs Holdings, LLC,  as Trust Advisor of the Westfield Palm Desert Mortgage Loan                                                                          |
|                                                                                                                                                             |   |

 

35Servicer compliance statements.

| 35.1 Wells Fargo Bank,   National Association, as Master Servicer                                                                      |
|----------------------------------------------------------------------------------------------------------------------------------------|
| 35.2 Rialto Capital Advisors,  LLC, as Special Servicer                                                                                |
| 35.3 Wells Fargo Bank,  National Association, as Certificate Administrator                                                             |
| 35.4 Prudential Asset  Resources, Inc., as Primary Servicer                                                                            |
| 35.5 Principal Global  Investors, LLC, as Primary Servicer                                                                             |
| 35.6 Wells Fargo Bank,  National Association, as Primary Servicer of the Depot Park Mortgage Loan                                      |
| 35.7 Rialto Capital  Advisors, LLC, as Special Servicer of the Depot Park Mortgage Loan                                                |
| 35.8 Wells Fargo Bank,  National Association, as Certificate Administrator of the Depot Park Mortgage  Loan                            |
| 35.9 Wells Fargo Bank,  National Association, as Primary Servicer of the Boca Hamptons Plaza  Portfolio Mortgage Loan                  |
| 35.10 Rialto Capital  Advisors, LLC, as Special Servicer of the Boca Hamptons Plaza Portfolio  Mortgage Loan                           |
| 35.11 Citibank, N.A., as  Certificate Administrator of the Boca Hamptons Mortgage Loan (Omitted. See  Explanatory Notes.)              |
| 35.12 KeyBank National  Association, as Primary Servicer of the Westfield Palm Desert Mortgage Loan  (Omitted. See Explanatory Notes.) |
| 35.13 LNR Partners, LLC, as  Special Servicer of the Westfield Palm Desert Mortgage Loan (Omitted. See  Explanatory Notes.)            |
| 35.14 Wells Fargo Bank,  National Association, as Certificate Administrator of the Westfield Palm  Desert Mortgage Loan                |
|                                                                                                                                   |   |

 

99.1 Mortgage Loan PurchaseAgreement, dated as of March 3, 2015, between Wells Fargo Commercial MortgageSecurities, Inc. and Wells Fargo Bank, National Association (filed as Exhibit99.1 to the registrant’s Current Report on Form 8-K filed on March 13,2015 under Commission File No. 333-195164-05 and incorporated by referenceherein)

 

99.2 Mortgage Loan PurchaseAgreement, dated as of March 3, 2015, between Wells Fargo Commercial MortgageSecurities, Inc. and Rialto Mortgage Finance, LLC (filed as Exhibit 99.2 to theregistrant’s Current Report on Form 8-K filed on March 13, 2015 underCommission File No. 333-195164-05 and incorporated by reference herein)

 

99.3 Mortgage Loan PurchaseAgreement, dated as of March 3, 2015, between Wells Fargo Commercial MortgageSecurities, Inc. and Macquarie US Trading LLC d/b/a Principal Commercial Capital(filed as Exhibit 99.3 to the registrant’s Current Report on Form 8-Kfiled on March 13, 2015 under Commission File No. 333-195164-05 andincorporated by reference herein)

 

99.4 Mortgage Loan PurchaseAgreement, dated as of March 3, 2015, among Wells Fargo Commercial MortgageSecurities, Inc., Liberty Island Group I LLC and Liberty Island Group LLC(filed as Exhibit 99.4 to the registrant’s Current Report on Form 8-Kfiled on March 13, 2015 under Commission File No. 333-195164-05 and incorporatedby reference herein)

 

99.5 Mortgage Loan PurchaseAgreement, dated as of March 3, 2015, between Wells Fargo Commercial MortgageSecurities, Inc. and C-III Commercial Mortgage LLC (filed as Exhibit 99.5 tothe registrant’s Current Report on Form 8-K filed on March 13, 2015 underCommission File No. 333-195164-05 and incorporated by reference herein)

 

99.6 Mortgage Loan PurchaseAgreement, dated as of March 3, 2015, among Wells Fargo Commercial MortgageSecurities, Inc., Basis Real Estate Capital II, LLC and Basis Investment GroupLLC (filed as Exhibit 99.6 to the registrant’s Current Report on Form 8-Kfiled on March 13, 2015 under Commission File No. 333-195164-05 andincorporated by reference herein)

 

99.7 Primary ServicingAgreement, dated as of March 1, 2015, between Wells Fargo Bank, NationalAssociation, as Master Servicer, and Prudential Asset Resources, Inc., asPrimary Servicer (filed as Exhibit 99.7 to the registrant’s CurrentReport on Form 8-K filed on March 13, 2015 under Commission File No. 333-195164-05and incorporated by reference herein)

 

99.8 Sub-Servicing Agreement,dated as of March 1, 2015, between Wells Fargo Bank, National Association, asMaster Servicer, and Principal Global Investors, LLC, as Sub-Servicer (filed asExhibit 99.8 to the registrant’s Current Report on Form 8-K filed onMarch 13, 2015 under Commission File No. 333-195164-05 and incorporated byreference herein)