**UNITED STATESSECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-K**

(Mark One)

**x****  ANNUAL REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

**For the fiscal year ended December 31, 2018or**

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

**For the transition period from _____ to _____Commission file number of the issuing entity: 333-197550-02**

**Central Index Key Number of the issuing entity:0001623838**

**WFRBS Commercial Mortgage Trust2014-C25**

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

** **

**Central Index Key Number of the depositor: 0001112998**

**RBS Commercial Funding Inc.**

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

** **

**Central Index Key Number of the sponsor: 0000729153**

**NatWest Markets Plc**

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

**(formerly known as TheRoyal Bank of Scotland plc)**

** **

**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: 0001624053**

**Silverpeak Real Estate Finance 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)**

** **

**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: 0001555501**

**Liberty Island Group I 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)** | **38-3939281**

**38-3939282**

**38-3939283**

**38-7120321**

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

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

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

**as Certificate Administrator**

**9062 Old Annapolis Road**

**Columbia, MD**

**(Address of principalexecutive offices of the issuing entity)**

**21045**

**(Zip Code)**

**Registrant’s telephone number,including area code:**

**(203) 897-2700**

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.  o Yes ⌧No

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

Indicate by check mark whether the registrant (1) has filedall reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter periodthat the registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days.  ⌧ Yes oNo

Indicate by check mark whether the registrant has submittedelectronically 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).

Not applicable.

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.   

Not applicable.

Indicate by check mark whether the registrant is a largeaccelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “largeaccelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act.

Large acceleratedfiler        o                                                                                                       Acceleratedfiler                                     o

Non-acceleratedfiler          ⌧  (Do not check ifa smaller reporting company)                          Smaller reporting company                    o

                                                                                                                                                       Emerging growthcompany                    o

If an emerging growth company, indicate by check mark if theregistrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant toSection 13(a) of the ExchangeAct.                                            o

Indicate by check mark whether the registrant is a shellcompany (as defined in Rule 12b-2 of the Act).  o Yes ⌧ No

State the aggregate market value of the voting and non-votingcommon equity held by non-affiliates computed by reference to the price atwhich the common equity was last sold, or the average bid and asked price ofsuch common equity, as of the last business day of the registrant’s mostrecently completed second fiscal quarter.

Not applicable.

Indicate by check mark whether the registrant has filed alldocuments and reports required to be filed by Section 12, 13 or 15(d) of theSecurities Exchange Act of 1934 subsequent to the distribution of securitiesunder a plan confirmed by a court.  oYes oNo

Not applicable.

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

Not applicable.

**DOCUMENTS INCORPORATED BY REFERENCE**

** **

List hereunder the following documents if incorporated byreference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) intowhich the document is incorporated: (1) Any annual report to security holders;(2) Any proxy or information statement; and (3) Any prospectus filed pursuantto Rule 424(b) or (c) under the Securities Act of 1933. The listed documentsshould be clearly described for identification purposes (e.g., annual report tosecurity holders for fiscal year ended December 24, 1980).

Not applicable.

 

 

The Colorado Mills Mortgage Loan, which constitutedapproximately 11.4% of the asset pool of the issuing entity as of its cut-offdate, is an asset of the issuing entity and is part of a loan combination thatincludes the Colorado Mills Mortgage Loan which is an asset of the issuingentity and one other *pari passu* loan, which is not an asset of theissuing entity. This loan combination, including the Colorado Mills MortgageLoan, is being serviced and administered pursuant to the Pooling and ServicingAgreement, which is incorporated by reference as Exhibit 4.1 to this AnnualReport on Form 10-K. Wells Fargo Bank, National Association is the masterservicer under the Pooling and Servicing Agreement.  The responsibilitiesof Wells Fargo Bank, National Association, as primary servicer of the loancombination with respect to the issuing entity, are subsumed within itsresponsibilities as master servicer under the Pooling and Servicing Agreement. Thus, the servicer compliance statement provided by Wells Fargo Bank, NationalAssociation, as master servicer under the Pooling and Servicing Agreement,encompasses its roles as both master servicer and primary servicer with respectto the loan combination.

The Exhibit Index describesexhibits provided by certain parties (in their capacities indicated on theExhibit Index) with respect to the St. Johns Town Center Mortgage Loan, whichconstituted approximately 11.4% of the asset pool of the issuing entity as ofits cut-off date.  The St. Johns Town Center Mortgage Loan is an asset ofthe issuing entity and is part of a loan combination that includes the St.Johns Town Center Mortgage Loan and one other *pari passu* loan and onesubordinate companion loan, which are not assets of the issuing entity. Theother *pari passu* portion of the loan combination was securitized in theWFRBS Commercial Mortgage Trust 2014-C24 transaction, Commission File Number333-195164-02 (the “WFRBS 2014-C24 Transaction”). This loan combination,including the St. Johns Town Center Mortgage Loan, is being serviced andadministered pursuant to the pooling and servicing agreement for the WFRBS2014-C24 Transaction, which is incorporated by reference as Exhibit 4.2 to thisAnnual Report on Form 10-K.  Wells Fargo Bank, National Association is themaster servicer under the pooling and servicing agreement for the WFRBS2014-C24 Transaction.  The responsibilities of Wells Fargo Bank, NationalAssociation, as primary servicer of this loan combination with respect to theissuing entity, are subsumed within its responsibilities as master servicerunder the pooling and servicing agreement for the WFRBS 2014-C24Transaction.  Thus, the servicer compliance statement provided by WellsFargo Bank, National Association, as master servicer under such pooling andservicing agreement, encompasses its roles as both master servicer and primaryservicer with respect to this loan combination.

The Exhibit Index describesexhibits provided by certain parties (in their capacities indicated on theExhibit Index) with respect to the AMCP Portfolio Mortgage Loan, whichconstituted approximately 0.9% of the asset pool of the issuing entity as ofits cut-off date.  The AMCP Portfolio Mortgage Loan is an asset of the issuingentity and is part of a loan combination that includes the AMCP PortfolioMortgage Loan and one other *pari passu* loan, which is not an asset ofthe issuing entity.  This loan combination, including the AMCP PortfolioMortgage Loan, was serviced under the Pooling and Servicing Agreement for theissuing entity prior to the closing of the securitization of the other *paripassu* portion of the AMCP Portfolio loan combination in the Wells FargoCommercial Mortgage Trust 2015-C26 transaction, Commission File Number333-195164-04 (the “WFCMT 2015-C26 Transaction”).  After theclosing of the WFCMT 2015-C26 Transaction on February 13, 2015, this loancombination, including the AMCP Portfolio Mortgage Loan was, and will continueto be, serviced and administered pursuant to the pooling and servicingagreement with respect to the WFCMT 2015-C26 Transaction, which is incorporatedby reference as Exhibit 4.3 to this Annual Report on Form 10-K.  WellsFargo Bank, National Association is the master servicer under the pooling andservicing agreement for the WFCMT 2015-C26 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 2015-C26 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.

Wells Fargo Bank, NationalAssociation is the master servicer and certificate administrator of themortgage loans serviced under the Pooling and Servicing Agreement and theprimary servicer and certificate administrator of the St. Johns Town CenterMortgage Loan and the AMCP Portfolio Mortgage Loan. As a result, Wells FargoBank, National Association is a “servicer” as defined in Item 1108(a)(2)(iii)of Regulation AB, in the capacities described above, because it is servicingmortgage loans that constituted 10% or more of the assets of the issuing entityas of its cut-off date. The assessments of compliance with applicable servicingcriteria, 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, the St.Johns Town Center Mortgage Loan and the AMCP Portfolio 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, NationalAssociation in the capacities described above are listed in the Exhibit Index.

Prudential Asset Resources, Inc.is an affiliate of Liberty Island Group I LLC, one of the sponsors. Therefore, the Depositor included in this Annual Report on Form 10-K a servicercompliance statement for Prudential Asset Resources, Inc. pursuant to Item1123.  Because Prudential Asset Resources, Inc. is servicing less than 5%of the pool assets, an assessment of compliance with applicable servicingcriteria and an accountants’ attestation report pursuant to Item 1122 ofRegulation AB are not required by Regulation AB.  As the attestation madein the servicer compliance statement required by Item 1123 relates to a reviewof the servicing activities of Prudential Asset Resources, Inc. under theapplicable servicing agreement, and that review was conducted in conjunctionwith the servicer’s preparation of its assessment of compliance with applicableservicing criteria, that assessment of compliance with applicable servicing criteriaand the accompanying accountants’ attestation report are included in thisAnnual Report on Form 10-K for the sake of completeness.

Pentalpha Surveillance LLC is the trust advisor of the St.Johns Town Center Mortgage Loan and the AMCP Portfolio Mortgage Loan.  Asa result, Pentalpha Surveillance LLC is a servicing function participant in thecapacities described above, because it is servicing mortgage loans thatconstituted 5% or more of the assets of the issuing entity as of its cut-offdate. The assessments of compliance with applicable servicing criteria andaccountants’ attestation reports delivered by Pentalpha Surveillance LLC in thecapacities described above are listed in the Exhibit Index.

Wilmington Trust, NationalAssociation acts as trustee of the mortgage loans serviced under the Poolingand Servicing Agreement, the St. Johns Town Center Mortgage Loan and the AMCPPortfolio Mortgage Loan.  Pursuant to the Pooling and Servicing Agreement,the pooling and servicing agreement for the WFRBS 2014-C24 Transaction and thepooling and servicing agreement for the WFCMT 2015-C26 Transaction, the trusteeis required to provide an assessment of compliance with applicable servicingcriteria solely with respect to Item 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, 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 report for thesubject transaction.  As a result, this Annual Report on Form 10-K doesnot include an assessment of compliance with applicable servicing criteria ofthe trustee. One or more other servicers of the mortgage loans serviced underthe Pooling and Servicing Agreement, the AMCP Portfolio Mortgage Loan and theSt. Johns Town Center Mortgage Loan have delivered one or more assessments ofcompliance with respect to Item 1122(d)(2)(iii) of Regulation AB.

This Annual Report on Form 10-Kincludes assessments of compliance with applicable servicing criteria andaccountants’ attestation reports from CoreLogic Commercial Real EstateServices, Inc. and National Tax Search, LLC.  These entities were engagedby the master servicer under the Pooling and Servicing Agreement (except withrespect to those mortgage loans for which Prudential Asset Resources, Inc. isthe primary servicer)  and the primary servicer of the St. Johns TownCenter Mortgage Loan and the AMCP Portfolio Mortgage Loan to remit tax paymentsreceived from the escrow accounts of borrowers to local taxing authorities, toreport tax amounts due, to verify tax parcel information, and to verifynon-escrow tax payments. These servicing functions are included within theservicing criteria set forth in Items 1122(d)(4)(xi) and 1122(d)(4)(xii) ofRegulation AB.  Therefore, under the principles-based definition of“servicer” set forth in Item 1101(j) of Regulation AB that looks to thefunctions that an entity performs, these vendors are “servicers” for thepurposes of Item 1122 of Regulation AB.  *See* Compliance andDisclosure Interpretations, Section 301.01 (Item 1101(j)).

With respect to the *pari passu*loan combination that includes the AMCP Portfolio Mortgage Loan, (i) the reporton assessment of compliance with servicing criteria and attestation report onassessment of compliance with servicing criteria of Midland Loan Services, aDivision of PNC Bank, National Association as special servicer of the AMCPPortfolio Mortgage Loan, listed on the Exhibit Index is omitted from this AnnualReport on Form 10-K as it is not required to be included on this Annual Reporton Form 10-K per Instruction 3 to Item 1122 of Regulation AB because it is aparty performing activities that address servicing criteria relating to 5% orless of the assets of the issuing entity; and (ii) the servicer compliancestatement of Midland Loan Services, a Division of PNC Bank, NationalAssociation as special servicer of the AMCP Portfolio Mortgage Loan, listed onthe Exhibit Index is omitted from this Annual Report on Form 10-K as it is notrequired by Item 1123 of Regulation AB to be included on this Annual Report onForm 10-K because it is an unaffiliated party that is not a “servicer” thatmeets the criteria in Item 1108(a)(2)(i) through (iii) of Regulation AB. 

**PART I**

**Item 1.  Business.**

Omitted.

**Item 1A.  Risk Factors.**

Omitted.

**Item 1B.  Unresolved Staff Comments.**

None.

**Item 2.  Properties.**

Omitted.

**Item 3.  Legal Proceedings.**

Omitted.

**Item 4.  Mine Safety Disclosures.**

Not applicable.

**PART II**

**Item 5.  Market for Registrant’s Common Equity,Related Stockholder Matters and Issuer Purchases of Equity Securities.**

Omitted.

**Item 6.  Selected Financial Data.**

Omitted.

**Item 7.  Management’s Discussion and Analysis ofFinancial Condition and Results of Operations.**

Omitted.

**Item 7A.  Quantitative and Qualitative DisclosuresAbout Market Risk.**

Omitted.

**Item 8.  Financial Statements and Supplementary Data.**

Omitted.

**Item 9.  Changes in and Disagreements WithAccountants on Accounting and Financial Disclosure.**

Omitted.

**Item 9A.  Controls and Procedures.**

Omitted.

**Item 9B.  Other Information.**

None.

**PART III**

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

Omitted.

**Item 11.  Executive Compensation.**

Omitted.

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

Omitted.

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

Omitted.

**Item 14.  Principal Accounting Fees and Services.**

Omitted.

**ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB**

**Item 1112(b) of Regulation AB, Significant ObligorFinancial Information.**

The St. Johns Town Center Mortgage Loan (Mortgage Loan Number1 on Annex A of the prospectus supplement of the registrant relating to theissuing entity filed on December 12, 2014 pursuant to Rule 424(b)(5))constitutes a significant obligor within the meaning of Item 1101(k)(2) ofRegulation AB as disclosed in the prospectus supplement. In accordance withItem 1112(b) of Regulation AB, the most recent unaudited net operating incomeof the significant obligor was $35,987,993 for the twelve- month period endedDecember 31, 2018.

The Colorado Mills Mortgage Loan (Mortgage Loan Number 2 onAnnex A of the prospectus supplement of the registrant relating to the issuingentity filed on December 12, 2014 pursuant to Rule 424(b)(5)) constitutes asignificant obligor within the meaning of Item 1101(k)(2) of Regulation AB asdisclosed in the prospectus supplement. In accordance with Item 1112(b) of RegulationAB, the most recent unaudited net operating income of the significant obligorwas $20,356,883 for the twelve- month period ended December 31, 2018.

**Item 1114(b)(2) of Regulation AB, Significant EnhancementProvider Financial Information.**

No entity or group of affiliated entities provides any external creditenhancement or other support for the certificates within this transaction asdescribed under Item 1114(a) of Regulation AB.

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

No entity or group of affiliated entities provides anyderivative instruments or other support for the certificates within thistransaction as described under Item 1115 of Regulation AB.

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

The registrant knows of no material pending legal proceedinginvolving the trust or any party related to the trust, other than routinelitigation incidental to the duties of those respective parties, and thefollowing, with respect to Wells Fargo Bank, National Association, ascertificate administrator and custodian:

Since June 18, 2014, a group of institutional investors havefiled civil complaints in the Supreme Court of the State of New York, New YorkCounty, and later the U.S. District Court for the Southern District of New Yorkagainst Wells Fargo Bank, N.A., (“Wells Fargo Bank”) in its capacity as trusteefor certain residential mortgage backed securities (“RMBS”) trusts.  Thecomplaints against Wells Fargo Bank alleged that the trustee caused losses to investorsand asserted causes of action based upon, among other things, the trustee'salleged failure to: (i) notify and enforce repurchase obligations of mortgageloan sellers for purported breaches of representations and warranties, (ii)notify investors of alleged events of default, and (iii) abide by appropriatestandards of care following alleged events of default. Relief sought includedmoney damages in an unspecified amount, reimbursement of expenses, andequitable relief. Wells Fargo Bank has reached an agreement, in which it deniesany wrongdoing, to resolve these claims on a classwide basis for the 271 RMBStrusts currently at issue.  The settlement agreement is subject to courtapproval.  Separate lawsuits against Wells Fargo Bank making similar allegationsfiled by certain other institutional investors concerning 57 RMBS trusts in NewYork federal and state court are not covered by the agreement.  Withrespect to the foregoing litigations, Wells Fargo Bank believes plaintiffs'claims are without merit and intends to contest the claims vigorously, butthere can be no assurances as to the outcome of the litigations or the possibleimpact of the litigations on Wells Fargo Bank or the RMBS trusts.

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

The information regarding this Item has been previouslyprovided in a prospectus supplement of the Registrant relating to the issuingentity filed on December 12, 2014 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 St. Johns Town Center MortgageLoan, which is being serviced and administered pursuant to the pooling andservicing agreement for the WFRBS 2014-C24 Transaction, are attached heretounder Item 15 to this Annual Report on Form 10-K. Attached as Schedule III tothe pooling and servicing agreement for the WFRBS 2014-C24 Transactionincorporated by reference as Exhibit 4.2 to this Annual Report on Form 10-K isa chart identifying the entities participating in a servicing function for theWFRBS 2014-C24 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 AMCP Portfolio Mortgage Loan,which is being serviced and administered pursuant to the pooling and servicingagreement for the WFCMT 2015-C26 Transaction, are attached hereto under Item 15to this Annual Report on Form 10-K. Attached as Schedule III to the pooling andservicing agreement for the WFCMT 2015-C26 Transaction incorporated byreference as Exhibit 4.3 to this Annual Report on Form 10-K is a chartidentifying the entities participating in a servicing function for the WFCMT2015-C26 Transaction responsible for each applicable servicing criteria setforth in Item 1122(d).

The report on assessment of compliance with applicableservicing criteria furnished pursuant to Item 1122 of Regulation AB byCWCapital Asset Management LLC (“CWCAM”) discloses that a materialinstance of noncompliance occurred, as described below:

Material Instance of Noncompliance:

1122(d)(2)(vii): “Reconciliations areprepared on a monthly basis for all asset-backed securities related bankaccounts, including custodial accounts and related bank clearing accounts.These reconciliations: (A) are mathematically accurate; (B) are prepared within30 calendar days after the bank statement cutoff date, or such other number ofdays specified in the transaction agreements; (C) are reviewed and approved bysomeone other than the person who prepared the reconciling items; and (D)contain explanations for reconciling items. These reconciling items areresolved within 90 calendar days of their original identification, or suchother number of days specified in the transaction agreements.”

The instance of materialnoncompliance, for the reporting period included a failure to complete therequired bank reconciliations within 30 calendar days after the bank statementcutoff date.  In five of the twelve months related to the reportingperiod, the required reconciliations were not completed within the 30 calendardays requirement as follows: 

February 2018: bank reconciliationswere prepared on June 22, 2018

March 2018: bank reconciliationswere prepared on May 1, 2018

September 2018: bankreconciliations were prepared on November 6, 2018

November 2018: bank reconciliationswere prepared on February 19, 2019

December 2018: bank reconciliationswere prepared on February 6, 2019

The identified instances did notinvolve the servicing of assets included in this securitization.

Steps Taken to Remedy the Material Instance of Noncompliance

In response to the lack of adherenceto company policy and procedures, CWCAM’s Compliance Committee reviewed thereasons for noncompliance and added two additional procedures to supplement itsexisting procedures: 

1) theaccounting department has added the completion of bank account reconciliationswithin 30 calendar days to its monthly closing checklist, which is reviewed andsigned off by a CWCAM officer; and 

2) the ChiefFinancial Officer has set up a monthly electronic reminder requiring that thecompleted bank reconciliations be forwarded to the CFO for an additional layerof review.    

The report on assessment of compliance with applicableservicing criteria furnished pursuant to Item 1122 of Regulation AB by MidlandLoan Services, a Division of PNC Bank National Association discloses that amaterial instance of noncompliance occurred, as described below:

Material Instance of Noncompliance

In certain instances, the ScheduleAL Files (Item 1125 of Regulation AB) were not reported in accordance with theterms specified in the transaction agreements, in conflict with Item1122(d)(3)(i): “Reports to investors, including those to be filed with theCommission, are maintained in accordance with the transaction agreements andapplicable Commission requirements. Specifically, such reports: (A) Areprepared in accordance with timeframes and other terms set forth in thetransaction agreements”.  The noncompliance consisted of omitted orinaccurately reported numbers due to the following: (1) the initial setup filescontained information at the asset level, and Midland was required to manuallycompile the information to present it at the loan level as required by ScheduleAL; and (2) certain reporting requirements required manual processing byMidland, including the use of various data computation formulas, qualitycontrol checks and analysis.

The identified instances did notinvolve the servicing of assets included in this securitization.

Steps Taken to Remedy the Material Instance of Noncompliance

Midland is currently remediating theSchedule AL reporting for the CMBS transactions found to be incorrect, and willbe making improvements to its systems, processes and procedures to support itsSchedule AL reporting obligations.

Report on Assessment of Compliance with Applicable ServicingCriteria Not Included

For the reasons discussed in theExplanatory Notes above, Midland is not a party performing activities thataddress servicing criteria relating to 5% or more of the assets of the issuingentity.  Therefore, the report of assessment of compliance with applicableservicing criteria for Midland has not been included as an exhibit to thisAnnual Report on Form 10-K.

**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          Poolingand Servicing Agreement, dated as of December 1, 2014, by and among RBSCommercial Funding Inc., as Depositor, Wells Fargo Bank, National Association,as Master Servicer, CWCapital Asset Management LLC, as Special Servicer,TriMont Real Estate Advisors, Inc., as Trust Advisor, Wells Fargo Bank,National Association, 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 December12, 2014 under Commission File No. 333-197550-02 and incorporated by referenceherein).

4.2          Poolingand Servicing Agreement, dated as of November 1, 2014, by and among Wells FargoCommercial Mortgage Securities, Inc., as Depositor, Wells Fargo Bank, NationalAssociation, as Master Servicer, Rialto Capital Advisors, LLC, as SpecialServicer, Pentalpha Surveillance LLC, as Trust Advisor, Wells Fargo Bank,National Association, as Certificate Administrator, as Tax Administrator and asCustodian, and Wilmington Trust, National Association, as Trustee (filed asExhibit 4.2 to the registrant’s Current Report on Form 8-K filed on December12, 2014 under Commission File No. 333-197550-02 and incorporated by referenceherein).

4.3          Poolingand Servicing Agreement, dated as of February 1, 2015, by and among Wells FargoCommercial Mortgage Securities, Inc., as Depositor, Wells Fargo Bank, NationalAssociation, as General Master Servicer, Midland Loan Services, a Division ofPNC Bank, National Association, as General Special Servicer, NationalCooperative Bank, N.A., as NCB Master Servicer, National Cooperative Bank,N.A., as NCB Special Servicer, Pentalpha Surveillance LLC, as Trust Advisor,Wells Fargo Bank, National Association, as Certificate Administrator, as TaxAdministrator and as Custodian, and Wilmington Trust, National Association, asTrustee (filed as Exhibit 99.1 to the registrant’s Current Report on Form 8-Kfiled on March 21, 2016 under Commission File No. 333-197550-02 andincorporated by reference herein).

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

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

 

33.1        Wells Fargo Bank,National Association, as Master Servicer

33.2        CWCapital AssetManagement 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 EstateAdvisors, Inc., as Trust Advisor

33.7        CoreLogic Commercial RealEstate Services, Inc., as Servicing Function Participant

33.8        National Tax Search,LLC, as Servicing Function Participant

33.9        Prudential AssetResources, Inc., as Primary Servicer

33.10       Wells Fargo Bank, NationalAssociation, as Primary Servicer of the Colorado Mills Mortgage Loan (seeExhibit 33.1) 

33.11       CWCapital Asset ManagementLLC, as Special Servicer of the Colorado Mills Mortgage Loan (see Exhibit 33.2)

33.12       Wilmington Trust, National Association, as Trustee of theColorado Mills Mortgage Loan (Omitted. See Explanatory Notes.)

33.13       Wells Fargo Bank, NationalAssociation, as Certificate Administrator of the Colorado Mills Mortgage Loan(see Exhibit 33.4) 

33.14       Wells Fargo Bank, NationalAssociation, as Custodian of the Colorado Mills Mortgage Loan (see Exhibit33.5) 

33.15       TriMont Real Estate Advisors,Inc., as Trust Advisor of the Colorado Mills Mortgage Loan (see Exhibit 33.6) 

33.16       CoreLogic Commercial RealEstate Services, Inc., as Servicing Function Participant of the Colorado MillsMortgage Loan (see Exhibit 33.7) 

33.17       National Tax Search, LLC, asServicing Function Participant of the Colorado Mills Mortgage Loan (see Exhibit33.8) 

33.18       Wells Fargo Bank, NationalAssociation, as Primary Servicer of the St. Johns Town Center Mortgage Loan(see Exhibit 33.1) 

33.19       Rialto Capital Advisors,LLC, as Special Servicer of the St. Johns Town Center Mortgage Loan

33.20       Wilmington Trust, National Association, as Trustee of theSt. Johns Town Center Mortgage Loan (Omitted. See Explanatory Notes.)

33.21       Wells Fargo Bank, NationalAssociation, as Certificate Administrator of the St. Johns Town Center MortgageLoan (see Exhibit 33.4) 

33.22       Wells Fargo Bank, NationalAssociation, as Custodian of the St. Johns Town Center Mortgage Loan (seeExhibit 33.5) 

33.23       Pentalpha Surveillance LLC,as Trust Advisor of the St. Johns Town Center Mortgage Loan

33.24       CoreLogic Commercial RealEstate Services, Inc., as Servicing Function Participant of the St. Johns TownCenter Mortgage Loan (see Exhibit 33.7) 

33.25       National Tax Search, LLC, asServicing Function Participant of the St. Johns Town Center Mortgage Loan (seeExhibit 33.8) 

33.26       Wells Fargo Bank, NationalAssociation, as Primary Servicer of the AMCP Portfolio Mortgage Loan (seeExhibit 33.1) 

33.27       Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Special Servicer of the AMCP Portfolio Mortgage Loan (Omitted.See Explanatory Notes.)

33.28       Wilmington Trust, National Association, as Trustee of theAMCP Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)

33.29       Wells Fargo Bank, NationalAssociation, as Certificate Administrator of the AMCP Portfolio Mortgage Loan(see Exhibit 33.4) 

33.30       Wells Fargo Bank, National Association,as Custodian of the AMCP Portfolio Mortgage Loan (see Exhibit 33.5) 

33.31       Pentalpha Surveillance LLC,as Trust Advisor of the AMCP Portfolio Mortgage Loan (see Exhibit 33.23) 

33.32       CoreLogic Commercial RealEstate Services, Inc., as Servicing Function Participant of the AMCP PortfolioMortgage Loan (see Exhibit 33.7) 

33.33       National Tax Search, LLC, asServicing Function Participant of the AMCP Portfolio Mortgage Loan (see Exhibit33.8) 

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

 

34.1        Wells Fargo Bank,National Association, as Master Servicer

34.2        CWCapital AssetManagement 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 EstateAdvisors, Inc., as Trust Advisor

34.7        CoreLogic CommercialReal Estate Services, Inc., as Servicing Function Participant

34.8        National Tax Search,LLC, as Servicing Function Participant

34.9        Prudential AssetResources, Inc., as Primary Servicer

34.10       Wells Fargo Bank, NationalAssociation, as Primary Servicer of the Colorado Mills Mortgage Loan (seeExhibit 34.1) 

34.11       CWCapital Asset ManagementLLC, as Special Servicer of the Colorado Mills Mortgage Loan (see Exhibit 34.2)

34.12       Wilmington Trust, National Association, as Trustee of theColorado Mills Mortgage Loan (Omitted. See Explanatory Notes.)

34.13       Wells Fargo Bank, NationalAssociation, as Certificate Administrator of the Colorado Mills Mortgage Loan(see Exhibit 34.4) 

34.14       Wells Fargo Bank, NationalAssociation, as Custodian of the Colorado Mills Mortgage Loan (see Exhibit34.5) 

34.15       TriMont Real Estate Advisors,Inc., as Trust Advisor of the Colorado Mills Mortgage Loan (see Exhibit 34.6) 

34.16       CoreLogic Commercial RealEstate Services, Inc., as Servicing Function Participant of the Colorado MillsMortgage Loan (see Exhibit 34.7) 

34.17       National Tax Search, LLC, asServicing Function Participant of the Colorado Mills Mortgage Loan (see Exhibit34.8) 

34.18       Wells Fargo Bank, NationalAssociation, as Primary Servicer of the St. Johns Town Center Mortgage Loan(see Exhibit 34.1) 

34.19       Rialto Capital Advisors,LLC, as Special Servicer of the St. Johns Town Center Mortgage Loan

34.20       Wilmington Trust, National Association, as Trustee of theSt. Johns Town Center Mortgage Loan (Omitted. See Explanatory Notes.)

34.21       Wells Fargo Bank, NationalAssociation, as Certificate Administrator of the St. Johns Town Center MortgageLoan (see Exhibit 34.4) 

34.22       Wells Fargo Bank, NationalAssociation, as Custodian of the St. Johns Town Center Mortgage Loan (seeExhibit 34.5) 

34.23       Pentalpha Surveillance LLC,as Trust Advisor of the St. Johns Town Center Mortgage Loan

34.24       CoreLogic Commercial RealEstate Services, Inc., as Servicing Function Participant of the St. Johns Town CenterMortgage Loan (see Exhibit 34.7) 

34.25       National Tax Search, LLC, asServicing Function Participant of the St. Johns Town Center Mortgage Loan (seeExhibit 34.8) 

34.26       Wells Fargo Bank, NationalAssociation, as Primary Servicer of the AMCP Portfolio Mortgage Loan (seeExhibit 34.1) 

34.27       Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Special Servicer of the AMCP Portfolio Mortgage Loan (Omitted.See Explanatory Notes.)

34.28       Wilmington Trust, National Association, as Trustee of theAMCP Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)

34.29       Wells Fargo Bank, NationalAssociation, as Certificate Administrator of the AMCP Portfolio Mortgage Loan(see Exhibit 34.4) 

34.30       Wells Fargo Bank, NationalAssociation, as Custodian of the AMCP Portfolio Mortgage Loan (see Exhibit34.5) 

34.31       Pentalpha Surveillance LLC,as Trust Advisor of the AMCP Portfolio Mortgage Loan (see Exhibit 34.23) 

34.32       CoreLogic Commercial RealEstate Services, Inc., as Servicing Function Participant of the AMCP PortfolioMortgage Loan (see Exhibit 34.7) 

34.33       National Tax Search, LLC, asServicing Function Participant of the AMCP Portfolio Mortgage Loan (see Exhibit34.8) 

35           Servicer compliance statements.

 

35.1        Wells Fargo Bank,National Association, as Master Servicer

35.2        CWCapital AssetManagement LLC, as Special Servicer

35.3        Wells Fargo Bank,National Association, as Certificate Administrator

35.4        Prudential AssetResources, Inc., as Primary Servicer

35.5        Wells Fargo Bank, NationalAssociation, as Primary Servicer of the Colorado Mills Mortgage Loan (seeExhibit 35.1) 

35.6        CWCapital AssetManagement LLC, as Special Servicer of the Colorado Mills Mortgage Loan (seeExhibit 35.2) 

35.7        Wells Fargo Bank,National Association, as Certificate Administrator of the Colorado MillsMortgage Loan (see Exhibit 35.3) 

35.8        Wells Fargo Bank,National Association, as Primary Servicer of the St. Johns Town Center MortgageLoan

35.9        Rialto CapitalAdvisors, LLC, as Special Servicer of the St. Johns Town Center Mortgage Loan

35.10       Wells Fargo Bank, NationalAssociation, as Certificate Administrator of the St. Johns Town Center MortgageLoan (see Exhibit 35.3) 

35.11       Wells Fargo Bank, NationalAssociation, as Primary Servicer of the AMCP Portfolio Mortgage Loan

35.12       Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Special Servicer of the AMCP Portfolio Mortgage Loan (Omitted.See Explanatory Notes.)

35.13       Wells Fargo Bank, NationalAssociation, as Certificate Administrator of the AMCP Portfolio Mortgage Loan(see Exhibit 35.3) 

99.1        MortgageLoan Purchase Agreement, dated as of November 18, 2014, between RBS CommercialFunding Inc. and The Royal Bank of Scotland plc (filed as Exhibit 99.2 to theregistrant’s Current Report on Form 8-K filed on December 12, 2014 underCommission File No. 333-197550-02 and incorporated by reference herein)

99.2        MortgageLoan Purchase Agreement, dated as of November 18, 2014, between RBS CommercialFunding Inc. and Wells Fargo Bank, National Association (filed as Exhibit 99.1to the registrant’s Current Report on Form 8-K filed on December 12, 2014 underCommission File No. 333-197550-02 and incorporated by reference herein)

99.3        MortgageLoan Purchase Agreement, dated as of November 18, 2014, between RBS CommercialFunding Inc. and Rialto Mortgage Finance, LLC (filed as Exhibit 99.3 to theregistrant’s Current Report on Form 8-K filed on December 12, 2014 underCommission File No. 333-197550-02 and incorporated by reference herein)

99.4        MortgageLoan Purchase Agreement, dated as of November 18, 2014, between RBS CommercialFunding Inc. and Silverpeak Real Estate Finance LLC (filed as Exhibit 99.4 tothe registrant’s Current Report on Form 8-K filed on December 12, 2014 underCommission File No. 333-197550-02 and incorporated by reference herein)

99.5        MortgageLoan Purchase Agreement, dated as of November 18, 2014, among RBS CommercialFunding Inc., Basis Real Estate Capital II, LLC and Basis Investment Group LLC(filed as Exhibit 99.5 to the registrant’s Current Report on Form 8-K filed onDecember 12, 2014 under Commission File No. 333-197550-02 and incorporated byreference herein)

99.6        MortgageLoan Purchase Agreement, dated as of November 18, 2014, between RBS CommercialFunding Inc. and C-III Commercial Mortgage LLC (filed as Exhibit 99.6 to theregistrant’s Current Report on Form 8-K filed on December 12, 2014 underCommission File No. 333-197550-02 and incorporated by reference herein)

99.7        MortgageLoan Purchase Agreement, dated as of November 18, 2014, among RBS CommercialFunding Inc., Liberty Island Group I LLC and Liberty Island Group LLC (filed asExhibit 99.7 to the registrant’s Current Report on Form 8-K filed on December12, 2014 under Commission File No. 333-197550-02 and incorporated by referenceherein)

99.8        PrimaryServicing Agreement, dated as of December 1, 2014, between Wells Fargo Bank,National Association and Prudential Asset Resources, Inc. (filed as Exhibit99.8 to the registrant’s Current Report on Form 8-K filed on December 12, 2014under Commission File No. 333-197550-02 and incorporated by reference herein)

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

(c)    Not Applicable.

 

**SIGNATURES**

Pursuant to the requirements of Section 13 or 15(d) of theSecurities Exchange Act of 1934, the registrant has duly caused this report tobe signed on its behalf by the undersigned, thereunto duly authorized.

RBS Commercial Funding Inc.(Depositor)

/s/ BrianHalligan

BrianHalligan, President

(senior officer in charge ofsecuritization of the depositor)

Date: March 21, 2019