**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 THE SECURITIESEXCHANGE ACT OF 1934**

**    For the fiscal year endedDecember 31, 2021 OR**

**//TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934**

**For the transition period from****            ****to****            **

 

 

 

**Commission file number:333-180779-16**

 

**Central Index Key Number of the issuingentity:0001642727**

 

**Morgan Stanley Bank of America Merrill Lynch Trust2015-C23**

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

 

**Central Index Key Number of the depositor:0001547361**

 

**Morgan Stanley Capital I Inc.**

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

 

**Central Index Key Number of the sponsor:0001541557**

 

**Morgan Stanley Mortgage Capital Holdings LLC**

**(exact names of the sponsors as specified in theircharters)**

 

**Central Index Key Number of the sponsor:0001102113**

 

**Bank of America, National Association**

**(exact names of the sponsors as specified in theircharters)**

 

**Central Index Key Number of the sponsor:0001548567**

 

**CIBC Inc.**

**(exact names of the sponsors as specified in theircharters)**

 

**Central Index Key Number of the sponsor:0001682532**

 

**Starwood Mortgage Funding III LLC**

**(exact names of the sponsors as specified in theircharters)**

 

| **New York**                                                        | **38‐3971658  38‐3971659  38‐3971660  38‐7135412** |
|---------------------------------------------------------------------|----------------------------------------------------------------------------|
| **(State or other jurisdiction of incorporation or  organization)** | **(I.R.S. Employer Identification Numbers)**                               |

 

**c/o Wells Fargo Bank, N.A.**

**9062 Old Annapolis Road**

** Columbia, MD**

**(Address of principal executive offices)**

 

**21045**

**(Zip Code)**

 

**Telephone number, including area code:**

**(410) 884‐2000**

Securitiesregistered pursuant to Section 12(b) of the Act:

  

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

 

 

Securitiesregistered pursuant to Section 12(g) of the Act:

 

  NONE.

 

Indicateby check mark if the registrant is a well-known seasoned issuer, as defined inRule 405 of the Securities Act.

 

  Yes___ No X

 

Indicateby check mark if the registrant is not required to file reports pursuant toSection 13 or Section 15(d) of the Act.

 

  Yes___ No X

 

Note- Checking the box above will not relieve any registrant required to filereports pursuant to Section 13 or 15(d) of the Exchange Act from theirobligations under those Sections.

 

Indicate by check mark whether the registrant (1) has filed all reportsrequired to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 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.

 

  YesX No ___

 

Indicateby check mark whether the registrant has submitted electronically everyInteractive Data File required to be submitted 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 suchfiles).

 

  Notapplicable.

 

Indicateby check mark whether the registrant is a large accelerated filer, an acceleratedfiler, a non-accelerated filer, a smaller reporting company, or emerging growthcompany. See the definitions of "large accelerated filer","accelerated filer," "smaller reporting company," and“emerging growth company” in Rule 12b-2 of the Exchange Act.

 

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

 

Emerginggrowth company ___

 

Ifan emerging growth company, indicate by check mark if the registrant haselected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) ofthe Ex­change Act.

 

  Notapplicable.

 

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.

 

  Notapplicable.

 

Indicateby check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Act).

 

  Yes___ No X

 

Statethe aggregate market value of the voting and non-voting common equity held bynon-affiliates computed by reference to the price at which the common equitywas last sold, or the average bid and asked price of such common equity, as ofthe last business day of the registrant's most recently completed second fiscalquarter.

 

  Notapplicable.

 

Indicateby check mark whether the registrant has filed all documents and reportsrequired to be filed by Section 12, 13 or 15(d) of the Securities Exchange Actof 1934 subsequent to the distribution of securities under a plan confirmed bya court.

 

  Notapplicable.

 

Indicatethe number of shares outstanding of each of the registrant's classes of commonstock, as of the latest practicable date.

 

  Notapplicable.

 

DOCUMENTSINCORPORATED BY REFERENCE

 

Listhereunder the following documents if incorporated by reference and the Part ofthe Form 10-K (e.g., Part I, Part II, etc.) into which the document isincorporated: (1)Any annual report to security holders; (2) Any proxy orinformation statement; and (3)Any prospectus filed pursuant to Rule 424(b) or(c) under the Securities Act of 1933. The listed documents should be clearlydescribed for identification purposes (e.g., annual report to security holdersfor fiscal year ended December 24, 1980).

 

  Notapplicable.

 

**EXPLANATORY NOTES**

 

The MSBAM 2015-C23 mortgage pool includesthe following mortgage loans, each of which is serviced pursuant to a separatepooling and servicing agreement (each, an “Outside Pooling and ServicingAgreement”):• the TKG 3 Retail Portfolio mortgage loan, which is serviced pursuant to theMSC 2015-MS1 pooling and servicing agreement attached hereto as Exhibit 4.3;and• the Hilton Garden Inn W 54th Street mortgage loan, which is serviced pursuantto the MSBAM 2015-C22 pooling and servicing agreement attached hereto asExhibit 4.2Except as set forth below, each of the parties to each pooling and servicingagreement listed in the Exhibit Index both (1) participates in the servicingfunction for purposes of Item 1122 of Regulation AB and (2) constitutes aservicer that meets the criteria in Item 1108(a)(2)(i) through (iii) ofRegulation AB for purposes of Item 1123 of Regulation AB:

 

• The trustee under a pooling and servicingagreement has a nominal role with respect to the mortgage pool securitizedpursuant to such pooling and servicing agreement. The trustee’s only servicingfunction is the contingent obligation to make certain advances if the masterservicer under such pooling and servicing agreement fails to do so, while allother servicing functions are performed by other parties. The trustee undereach of the pooling and servicing agreements listed in the Exhibit Index hasconfirmed to the registrant that it has not made any such contingent advancesduring the reporting period, and consequently, each such trustee does notparticipate in the servicing function for purposes of Item 1122 of RegulationAB, nor does it perform the functions of a servicer for purposes of thedefinition of “servicer” under Item 1101 of Regulation AB or for purposes ofItem 1123 of Regulation AB.

 

• The certificate administrator under apooling and servicing agreement performs various payment administrationfunctions solely for the securitization governed by such pooling and servicingagreement and the mortgage pool securitized pursuant to such pooling andservicing agreement and does not have any obligations with respect to any othertransaction. Consequently, the certificate administrator under an OutsidePooling and Servicing Agreement does not participate in the servicing functionfor purposes of Item 1122 of Regulation AB, nor does it perform the functionsof a servicer for purposes of the definition of “servicer” under Item 1101 ofRegulation AB or for purposes of Item 1123 of Regulation AB.

 

• The operating advisor under a pooling andservicing agreement represents the interests of senior certificateholders inthe transaction governed by such pooling and servicing agreement and isresponsible for monitoring the performance of the special servicer under suchpooling and servicing agreement and producing certain reports tocertificateholders relating to the resolution of the mortgage pool securitizedpursuant to such pooling and servicing agreement. The operating advisor under apooling and servicing agreement does not have any obligations with respect toany other transaction and is solely obligated to perform loan reportingfunctions with respect to the securitization governed by such pooling andservicing agreement. Consequently, the operating advisor under an OutsidePooling and Servicing Agreement neither participates in the servicing functionfor purposes of Item 1122 of Regulation AB nor performs the functions of aservicer for purposes of the definition of “servicer” under Item 1101 of RegulationAB or for purposes of Item 1123 of Regulation AB. In addition, while theoperating advisor under a pooling and servicing agreement has certain reportingobligations in respect of the related mortgage pool, it has no obligation tocollect or disburse funds in respect of the mortgage pool or to administer anyof the underlying mortgage loans.  Consequently, the operating advisorunder a pooling and servicing agreement participates in the servicing functionfor purposes of Item 1122 of Regulation AB, but is not responsible for the“management or collection of the pool assets or making allocations ordistributions to holders of the asset-backed securities” within the meaning of“servicer” under Item 1101 of Regulation AB and does not perform the functions ofa servicer for purposes of Item 1123 of Regulation AB.

 

• Midland Loan Services, a Division of PNCBank, National Association is the master servicer under the MSC 2015-MS1pooling and servicing agreement, pursuant to which the TKG 3 Retail Portfoliomortgage loan is serviced. Because Midland Loan Services, a Division of PNCBank, National Association is not the MSBAM 2015-C23 master servicer, is notaffiliated with any sponsor and services only the TKG 3 Retail Portfoliomortgage loan, which constitute more than 5% but less than 10% of the mortgagepool, Midland Loan Services, a Division of PNC Bank, National Association, asMSC 2015-MS1 master servicer constitutes a reporting “servicing functionparticipant” for purposes of Item 1122 of Regulation AB, as specified in theInstruction 3 to Item 1122, but does not constitute a reporting “servicer” forpurposes of Item 1123 of Regulation AB, as specified in the Instruction to Item1123.

 

• The US StorageMart Portfolio mortgageloan, which was serviced pursuant to the CGBAM 2015-SMRT trust and servicingagreement, was repaid in full in 2020.

 

• National Tax Search, LLC merged intoCoreLogic Solutions, LLC in 2021.  CoreLogic Solutions, LLC’s report onassessment of compliance with servicing criteria and registered publicaccounting firm attestation report, in each case provided pursuant to Item 1122of Regulation AB, also relate to National Tax Search, LLC’s platform for thereporting period.

 

In addition, each of the following partiesengaged the services of certain servicing function participants andsub-servicers for the reporting period, as set forth below:• Wells Fargo Bank, National Association, as master servicer and excludedspecial servicer, engaged the services of (i) CoreLogic Solutions, LLC and NationalTax Search, LLC, in each case as a servicing function participant in respect ofthe entire mortgage pool for the reporting period, and (ii) Berkadia CommercialMortgage LLC, as servicing function participant in respect of 6.06% of themortgage pool for the reporting period.

 

• Wells Fargo Bank, National Association, as master servicer underthe MSBAM 2015-C22 pooling and servicing agreement, pursuant to which theHilton Garden Inn W 54th Street mortgage loan is serviced, engaged the servicesof CoreLogic Solutions, LLC and National Tax Search, LLC, in each case as aservicing function participant in respect of the Hilton Garden Inn W 54thStreet mortgage loan for the reporting period.

 

• On November 1, 2021, pursuant to the second amended and restatedservicing agreement attached hereto as Exhibit 99.5, Computershare TrustCompany, National Association was engaged to perform all or virtually all ofWells Fargo Bank, National Association’s roles as certificate administrator,custodian and trustee, as applicable, under (i) the pooling and servicingagreement and (ii) each Outside Pooling and Servicing Agreement.

 

| **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.**    |
|              | Omitted.                        |
|              |                            |   |

 

| **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.                                                                                                               |
|              |                                                                                                                |   |

 

| **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 Accountant Fees  and Services.**                                                         |
|              | Omitted.                                                                                             |
|              |                                                                                                 |   |

 

**ADDITIONALDISCLOSURE ITEMS FOR REGULATION AB**

 

**Item1112(b) of Regulation AB, Significant Obligor Financial Information.**

 

Notapplicable.

 

**Item1114(b)(2) of Regulation AB, Significant Enhancement Provider FinancialInformation.**

 

Noentity or group of affiliated entities provides any enhancement or othersupport for the certificates as described under Item 1114 (a) of Regulation AB.

 

**Item1115(b) of Regulation AB, Certain Derivatives Instruments (FinancialInformation).**

 

Noentity or group of affiliated entities provides any derivative instruments forthe certificates as described under Item 1115 of Regulation AB.

 

**Item1117 of Regulation AB, Legal Proceedings.**

 

The registrant knows of nolegal proceeding pending against the sponsors, depositor, trustee, issuingentity, servicer contemplated by Item 1108(a)(3) of Regulation AB, originatorcontemplated by Item 1110(b) of Regulation AB, or other party contemplated byItem 1100(d)(1) of Regulation AB, or of which any property of the foregoing isthe subject, that is material to security holders, other than as follows:

 

InDecember 2014, Phoenix Light SF Limited and certain related entities and theNational Credit Union Administration (NCUA) filed complaints in the UnitedStates District Court for the Southern District of New York against Wells FargoBank, alleging claims against Wells Fargo Bank in its capacity as trustee for anumber of residential mortgage-backed securities trusts. Complaints raisingsimilar allegations have been filed by Commerzbank AG in the Southern Districtof New York and by IKB International and IKB Deutsche Industriebank in New Yorkstate court. In each case, the plaintiffs allege that Wells Fargo Bank, astrustee, caused losses to investors, and plaintiffs assert causes of actionbased upon, among other things, the trustee’s alleged failure to notify andenforce repurchase obligations of mortgage loan sellers for purported breachesof representations and warranties, notify investors of alleged events ofdefault, and abide by appropriate standards of care following alleged events ofdefault. Wells Fargo Bank previously settled two class action lawsuits withsimilar allegations that were filed in November 2014 and December 2016 byinstitutional investors in the Southern District of New York and New York statecourt, respectively. In addition, Park Royal I LLC and Park Royal II LLC havefiled complaints in New York state court alleging Wells Fargo Bank, N.A., astrustee, failed to take appropriate actions upon learning of defective mortgageloan documentation. In March 2021, the Company entered into an agreement toresolve the case filed by the NCUA.

 

In additionto the foregoing cases, in August 2014 and August 2015 Nomura Credit &Capital Inc. (“Nomura”) and Natixis Real Estate Holdings, LLC (“Natixis”) fileda total of seven third-party complaints against Wells Fargo Bank in New Yorkstate court. In the underlying first-party actions, Nomura and Natixis havebeen sued for alleged breaches of representations and warranties made inconnection with residential mortgage-backed securities sponsored by them. Inthe third-party actions, Nomura and Natixis allege that Wells Fargo Bank, asmaster servicer, primary servicer or securities administrator, failed to notifyNomura and Natixis of their own breaches, failed to properly oversee theprimary servicers, and failed to adhere to accepted servicing practices. Natixisadditionally alleges that Wells Fargo Bank failed to perform default oversightduties. Wells Fargo Bank has asserted counterclaims alleging that Nomura andNatixis failed to provide Wells Fargo Bank notice of their representation andwarranty breaches.

 

Withrespect to each of the foregoing litigations, Wells Fargo Bank believesplaintiffs' claims are without merit and intends to contest the claimsvigorously, but there can be no assurances as to the outcome of the litigationsor the possible impact of the litigations on Wells Fargo Bank or the relatedRMBS trusts.

 

**Item1119 of Regulation AB, Affiliations and Certain Relationships and RelatedTransactions.**

 

Theinformation regarding this Item has been provided previously in an annualreport on Form 10-K of the issuing entity or in the prospectus of the issuingentity filed in a 424(b)(5) filing dated June 18, 2015.

 

**Item1122 of Regulation AB, Compliance with Applicable Servicing Criteria.**

 

Thereports on assessment of compliance with the servicing criteria forasset-backed securities and the related attestation reports on such assessmentsof compliance are attached hereto under Item 15.

 

**Item1123 of Regulation AB, Servicer Compliance Statement.**

 

Theservicer compliance statements are attached hereto under Item 15.

 

**Part IV**

 

**Item15. Exhibits, Financial Statement Schedules.**

 

(a) Exhibits.

 

(4.1)Pooling and Servicing Agreement, dated as of June 1, 2015,between Morgan Stanley Capital I Inc., as depositor, Wells Fargo Bank, NationalAssociation, as master servicer, LNR Partners, LLC, as general specialservicer, Wells Fargo Bank, National Association, as excluded mortgage loanspecial servicer, Pentalpha Surveillance LLC, as trust advisor, WilmingtonTrust, National Association, as trustee, and Wells Fargo Bank, NationalAssociation, as custodian, certificate administrator, certificate registrar andauthenticating agent (filed as Exhibit 4.1 to the registrant's Current Reporton Form 8-K/A filed on June 24, 2015 under SEC File No. 333-180779-16 andincorporated by reference herein).

 

(4.2)Pooling and Servicing Agreement, dated as of April 1,2015, between Morgan Stanley Capital I Inc., as depositor, Wells Fargo Bank,National Association, as master servicer, Midland Loan Services, a Division ofPNC Bank, National Association, as special servicer, Park Bridge LenderServices LLC, as trust advisor, Wilmington Trust, National Association, astrustee, and Wells Fargo Bank, National Association, as certificateadministrator, certificate registrar, authenticating agent and custodian,relating to the MSBAM 2015-C22 securitization transaction, pursuant to whichthe Hilton Garden Inn W 54th Street Mortgage Loan is serviced (filed as Exhibit4.2 to the registrant's Current Report on Form 8-K filed on June 18, 2015 underSEC File No. 333-180779-16 and incorporated by reference herein).

 

(4.3)Pooling and Servicing Agreement, dated as of July 1,2015, between Morgan Stanley Capital I Inc., as depositor, Midland LoanServices, a Division of PNC Bank, National Association, as master servicer andspecial servicer, Park Bridge Lender Services LLC, as trust advisor, and WellsFargo Bank, National Association, as trustee, custodian, certificateadministrator, certificate registrar and authenticating agent, relating to theMSC 2015-MS1 securitization transaction, pursuant to which the TKG3 RetailPortfolio Mortgage Loan is serviced (filed as Exhibit 4.1 to the registrant'sCurrent Report on Form 8-K filed on July 21, 2015 under SEC File No.333-180779-16 and incorporated by reference herein).

 

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

 

(33)  Reports onassessment of compliance with servicing criteria for asset-backed securities.

 

33.1 Wells Fargo Bank, National Association, as CertificateAdministrator

 

33.2 Computershare TrustCompany, National Association, as Servicing Function Participant for theCertificate Administrator (from 11/1/21 to 12/31/21) 

 

33.3 Wells Fargo Bank, National Association, as Custodian

 

33.4 Computershare TrustCompany, National Association, as Servicing Function Participant for theCustodian (from 11/1/21 to 12/31/21)

 

33.5 Wells Fargo Bank, National Association, as MasterServicer

 

33.6 LNR Partners, LLC, as Special Servicer

 

33.7 Pentalpha Surveillance LLC, as Operating Advisor

 

33.8 Wells Fargo Bank, National Association, as ExcludedSpecial Servicer (See exhibit 33.5)

 

33.9 CoreLogic Solutions, LLC, as Servicing FunctionParticipant

 

33.10 Berkadia Commercial Mortgage LLC, as ServicingFunction Participant

 

33.11 Midland Loan Services, a Division of PNC BankNational Association, as Master Servicer under the MSC 2015-MS1 securitization,pursuant to which the following mortgage loans were serviced by such party: TKG3 Retail Portfolio (from 1/1/21 to 12/31/21)

 

33.12 Wells Fargo Bank, National Association, as MasterServicer under the MSBAM 2015-C22 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Hilton Garden Inn W 54thStreet (from 1/1/21 to 12/31/21) (See exhibit 33.5)

 

33.13 CoreLogic Solutions, LLC, as Servicing FunctionParticipant under the MSBAM 2015-C22 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Hilton Garden Inn W 54th Street(from 1/1/21 to 12/31/21) (See exhibit 33.9)

 

33.14 Midland Loan Services, a Division of PNC BankNational Association, as Special Servicer under the MSC 2015-MS1securitization, pursuant to which the following mortgage loans were serviced bysuch party: TKG 3 Retail Portfolio (from 1/1/21 to 12/31/21) (See exhibit33.11)

 

33.15 Midland Loan Services, a Division of PNC BankNational Association, as Special Servicer under the MSBAM 2015-C22securitization, pursuant to which the following mortgage loans were serviced bysuch party: Hilton Garden Inn W 54th Street (from 1/1/21 to 12/31/21) (Seeexhibit 33.11)

 

33.16 Wells Fargo Bank, National Association, as Custodianunder the MSC 2015-MS1 securitization, pursuant to which the following mortgageloans were serviced by such party: TKG 3 Retail Portfolio (from 1/1/21 to12/31/21) (See exhibit 33.3)

 

33.17 Computershare Trust Company, National Association, asServicing Function Participant under the MSC 2015-MS1 securitization, pursuantto which the following mortgage loans were serviced by such party: TKG 3 RetailPortfolio (from 11/1/21 to 12/31/21) (See exhibit 33.4)

 

33.18 Wells Fargo Bank, National Association, as Custodianunder the MSBAM 2015-C22 securitization, pursuant to which the followingmortgage loans were serviced by such party: Hilton Garden Inn W 54th Street(from 1/1/21 to 12/31/21) (See exhibit 33.3)

 

33.19 Computershare Trust Company, National Association, asServicing Function Participant under the MSBAM 2015-C22 securitization,pursuant to which the following mortgage loans were serviced by such party:Hilton Garden Inn W 54th Street (from 11/1/21 to 12/31/21) (See exhibit 33.4)

 

(34). Attestation reportson assessment of compliance with servicing criteria for asset-backedsecurities.

 

34.1 Wells Fargo Bank, National Association, as CertificateAdministrator

 

34.2 Computershare TrustCompany, National Association, as Servicing Function Participant for theCertificate Administrator (from 11/1/21 to 12/31/21)

 

34.3 Wells Fargo Bank, National Association, as Custodian

 

34.4 Computershare TrustCompany, National Association, as Servicing Function Participant for theCustodian (from 11/1/21 to 12/31/21)

 

34.5 Wells Fargo Bank, National Association, as MasterServicer

 

34.6 LNR Partners, LLC, as Special Servicer

 

34.7 Pentalpha Surveillance LLC, as Operating Advisor

 

34.8 Wells Fargo Bank, National Association, as ExcludedSpecial Servicer (See exhibit 34.3) 

 

34.9 CoreLogic Solutions, LLC, as Servicing FunctionParticipant

 

34.10 Berkadia Commercial Mortgage LLC, as ServicingFunction Participant

 

34.11 Midland Loan Services, a Division of PNC BankNational Association, as Master Servicer under the MSC 2015-MS1 securitization,pursuant to which the following mortgage loans were serviced by such party: TKG3 Retail Portfolio (from 1/1/21 to 12/31/21)

 

34.12 Wells Fargo Bank, National Association, as MasterServicer under the MSBAM 2015-C22 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Hilton Garden Inn W 54thStreet (from 1/1/21 to 12/31/21) (See exhibit 34.5)

 

34.13 CoreLogic Solutions, LLC, as Servicing FunctionParticipant under the MSBAM 2015-C22 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Hilton Garden Inn W 54thStreet (from 1/1/21 to 12/31/21) (See exhibit 34.9)

 

34.14 Midland Loan Services, a Division of PNC BankNational Association, as Special Servicer under the MSC 2015-MS1securitization, pursuant to which the following mortgage loans were serviced bysuch party: TKG 3 Retail Portfolio (from 1/1/21 to 12/31/21) (See exhibit34.11)

 

34.15 Midland Loan Services, a Division of PNC BankNational Association, as Special Servicer under the MSBAM 2015-C22securitization, pursuant to which the following mortgage loans were serviced bysuch party: Hilton Garden Inn W 54th Street (from 1/1/21 to 12/31/21) (Seeexhibit 34.11)

 

34.16 Wells Fargo Bank, National Association, as Custodian underthe MSC 2015-MS1 securitization, pursuant to which the following mortgage loanswere serviced by such party: TKG 3 Retail Portfolio (from 1/1/21 to 12/31/21)(See exhibit 34.3)

 

34.17 Computershare Trust Company, National Association, asServicing Function Participant under the MSC 2015-MS1 securitization, pursuantto which the following mortgage loans were serviced by such party: TKG 3 RetailPortfolio (from 11/1/21 to 12/31/21) (See exhibit 34.4)

 

34.18 Wells Fargo Bank, National Association, as Custodianunder the MSBAM 2015-C22 securitization, pursuant to which the followingmortgage loans were serviced by such party: Hilton Garden Inn W 54th Street(from 1/1/21 to 12/31/21) (See exhibit 34.3)

 

34.19 Computershare Trust Company, National Association, asServicing Function Participant under the MSBAM 2015-C22 securitization,pursuant to which the following mortgage loans were serviced by such party:Hilton Garden Inn W 54th Street (from 11/1/21 to 12/31/21) (See exhibit 34.4)

 

(35). Servicer compliancestatement.

 

35.1 Wells Fargo Bank, National Association, as CertificateAdministrator

 

35.2 Computershare TrustCompany, National Association, as Servicing Function Participant for theCertificate Administrator (from 11/1/21 to 12/31/21)

 

35.3 Wells Fargo Bank, National Association, as Custodian

 

35.4 Computershare TrustCompany, National Association, as Servicing Function Participant for theCustodian (from 11/1/21 to 12/31/21)

 

35.5 Wells Fargo Bank, National Association, as MasterServicer

 

35.6 LNR Partners, LLC, as Special Servicer

 

35.7 Wells Fargo Bank, National Association, as ExcludedSpecial Servicer (See exhibit 35.5)

 

35.8 Wells Fargo Bank, National Association, as MasterServicer under the MSBAM 2015-C22 securitization, pursuant to which thefollowing mortgage loans were serviced by such party: Hilton Garden Inn W 54thStreet (from 1/1/21 to 12/31/21) (See exhibit 35.5)

 

35.9 Midland Loan Services, a Division of PNC Bank NationalAssociation, as Special Servicer under the MSC 2015-MS1 securitization,pursuant to which the following mortgage loans were serviced by such party: TKG3 Retail Portfolio (from 1/1/21 to 12/31/21)

 

35.10 Midland Loan Services, a Division of PNC Bank NationalAssociation, as Special Servicer under the MSBAM 2015-C22 securitization,pursuant to which the following mortgage loans were serviced by such party:Hilton Garden Inn W 54th Street (from 1/1/21 to 12/31/21) (See exhibit 35.9)

 

35.11 Wells Fargo Bank, National Association, as Custodian underthe MSC 2015-MS1 securitization, pursuant to which the following mortgage loanswere serviced by such party: TKG 3 Retail Portfolio (from 1/1/21 to 12/31/21)(See exhibit 35.3)

 

35.12 Computershare Trust Company, National Association, asServicing Function Participant under the MSC 2015-MS1 securitization, pursuantto which the following mortgage loans were serviced by such party: TKG 3 RetailPortfolio (from 11/1/21 to 12/31/21) (See exhibit 35.4)

 

35.13 Wells Fargo Bank, National Association, as Custodianunder the MSBAM 2015-C22 securitization, pursuant to which the followingmortgage loans were serviced by such party: Hilton Garden Inn W 54th Street(from 1/1/21 to 12/31/21) (See exhibit 35.3)

 

35.14 Computershare Trust Company, National Association, asServicing Function Participant under the MSBAM 2015-C22 securitization,pursuant to which the following mortgage loans were serviced by such party:Hilton Garden Inn W 54th Street (from 11/1/21 to 12/31/21) (See exhibit 35.4)

 

(99.1)Mortgage Loan Purchase Agreement, dated June 5, 2015,between Morgan Stanley Capital I Inc. and Morgan Stanley Mortgage CapitalHoldings LLC (filed as Exhibit 99.1 to the registrant's Current Report on Form8-K/A filed on June 24, 2015 under SEC File No. 333-180779-16 and incorporatedby reference herein).

 

(99.2)Mortgage Loan Purchase Agreement, dated June 5, 2015,between Morgan Stanley Capital I Inc. and Bank of America, National Association(filed as Exhibit 99.2 to the registrant's Current Report on Form 8-K/A filedon June 24, 2015 under SEC File No. 333-180779-16 and incorporated by referenceherein).

 

(99.3)Mortgage Loan Purchase Agreement, dated June 5, 2015,between Morgan Stanley Capital I Inc. and CIBC Inc. (filed as Exhibit 99.3 tothe registrant's Current Report on Form 8-K/A filed on June 24, 2015 under SECFile No. 333-180779-16 and incorporated by reference herein).

 

(99.4)Mortgage Loan Purchase Agreement, dated June 5, 2015,between Morgan Stanley Capital I Inc., Starwood Mortgage Funding III LLC andStarwood Mortgage Capital LLC (filed as Exhibit 99.4 to the registrant'sCurrent Report on Form 8-K/A filed on June 24, 2015 under SEC File No.333-180779-16 and incorporated by reference herein).

 

(99.5)SecondAmended and Restated Servicing Agreement, effective as of October 31, 2021,between Wells Fargo Bank, N.A., Wells Fargo Delaware Trust Company, N.A.,Computershare Trust Company, National Association, Computershare Delaware TrustCompany and Computershare Limited (filed as Exhibit 99.1 to the registrant'sCurrent Report on Form 8-K filed on November 5, 2021 under SEC File No.333-180779-16 and incorporated by reference herein).

 

(b)See (a) above.

 

(c) Notapplicable.

** **

**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.

 

MorganStanley Capital I Inc.

(Depositor)

 

By:/s/ Jane Lam

JaneLam, President

(seniorofficer in charge of securitization of the depositor)

 

Date: March 28, 2022