|
|



UNITED
STATESSECURITIES AND EXCHANGE COMMISSION

Washington,
D.C. 20549



FORM
10-K



(Mark
One)



| | ☒ | ANNUAL
                                         REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
| | - | -----------------------------------------------------------------------------------------------------------------------------



For
the fiscal year ended December 31, 2016
or



| | ☐ | TRANSITION
                                         REPORT 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: 333-191331-06

Central
Index Key Number of the issuing entity: 0001622765

GS
Mortgage Securities Trust 2014-GC26

(exact
name of the issuing entity as specified in its charter)



Central
Index Key Number of the depositor: 0001004158

GS
Mortgage Securities Corporation II

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



Central
Index Key Number of the sponsor: 0001541502

Goldman
Sachs Mortgage Company

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



Central
Index Key Number of the sponsor: 0001541001

Citigroup
Global Markets Realty Corp.

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



Central
Index Key Number of the sponsor: 0001558761

Cantor
Commercial Real Estate Lending, L.P.

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



Central
Index Key Number of the sponsor: 0001682511



Starwood
Mortgage Funding I LLC

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



Central
Index Key Number of the sponsor: 0001576832

MC-Five
Mile Commercial Mortgage Finance LLC

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



|New
York(State or other jurisdiction ofincorporation or organization of
        the
issuing entity) | 38-3951634
        38-3951635
        (I.R.S.
Employer
        Identification
Numbers)
|--------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------

c/o U.S. Bank National Association

as
Certificate Administrator













190
S. LaSalle Street

Chicago,
IL

(Address
of principal executive offices of the issuing entity)



60603

(Zip
Code)



Registrant’s
telephone number, including area code:

(212)
902-1000



Securities registered pursuant
to Section 12(b) of the Act: None.



Securities registered pursuant
to Section 12(g) of the Act: None.



Indicate by check mark
if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. ☐ Yes ☒ No



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



Indicate by check mark
whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days. ☒ Yes ☐ No



Indicate by check mark
whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File
required to be submitted and posted pursuant to Rule 405 of Regulation 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 post such files).



Not
applicable.



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



Not
applicable.



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



|Large accelerated filer | ☐                                               | Accelerated
filer         | ☐
|----------------------- | ----------------------------------------------- | ------------------------- | -
|                        |                                                 |                           |  
|Non-accelerated filer   | ☒ (Do not check if a smaller reporting company) | Smaller reporting company | ☐





Indicate by check mark
whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). ☐ Yes ☒ No



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



Not
applicable.



Indicate by check mark
whether the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange
Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. ☐ Yes ☐ No



Not
applicable.



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



Not
applicable.



DOCUMENTS
INCORPORATED BY REFERENCE



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



Not
applicable.





2







EXPLANATORY
NOTES



The Twin Cities Premium
Outlets Mortgage Loan, which constituted approximately 5.2% of the asset pool of the issuing entity as of its cut-off date, is
an asset of the issuing entity and is part of a loan combination that includes the Twin Cities Premium Outlets Mortgage Loan which
is an asset of the issuing entity and one other pari passu loan, which is not an asset of the issuing entity. This loan
combination, including the Twin Cities Premium Outlets Mortgage Loan, is being serviced and administered pursuant to the Pooling
and Servicing Agreement, which is incorporated by reference as Exhibit 4.1 to this Annual Report on Form 10-K. Wells Fargo Bank,
National Association is the master servicer under the Pooling and Servicing Agreement. The responsibilities of Wells Fargo Bank,
National Association, as primary servicer of the loan combination with respect to the issuing entity, are subsumed within its
responsibilities as master servicer under the Pooling and Servicing Agreement. Thus, the servicer compliance statement provided
by Wells Fargo Bank, National Association, as master servicer under the Pooling and Servicing Agreement, encompasses its roles
as both master servicer and primary servicer with respect to the loan combination.



The Exhibit Index describes
exhibits provided by certain parties (in their capacities indicated on the Exhibit Index) with respect to the Bank of America
Plaza Mortgage Loan, which constituted approximately 1.9% of the asset pool of the issuing entity as of its cut-off date. 
The Bank of America Plaza Mortgage Loan is an asset of the issuing entity and is part of a loan combination that includes the
Bank of America Plaza Mortgage Loan and three other pari passu loans, which are not assets of the issuing entity. A pari
passu portion of the loan combination was securitized in the WFRBS Commercial Mortgage Trust 2014-C22 transaction, Commission
File Number 333-195164-01 (the “WFRBS 2014-C22 Transaction”). This loan combination, including the Bank of
America Plaza Mortgage Loan, is being serviced and administered pursuant to the pooling and servicing agreement for the WFRBS
2014-C22 Transaction, which is incorporated 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 pooling and servicing agreement for the WFRBS 2014-C22 Transaction. The
responsibilities of Wells Fargo Bank, National Association, as primary servicer of this loan combination with respect to the issuing
entity, are subsumed within its responsibilities as master servicer under the pooling and servicing agreement for the WFRBS 2014-C22
Transaction. Thus, the servicer compliance statement provided by Wells Fargo Bank, National Association, as master servicer under
such pooling and servicing agreement, encompasses its roles as both master servicer and primary servicer with respect to this
loan combination.



The Exhibit Index describes
exhibits provided by certain parties (in their capacities indicated on the Exhibit Index) with respect to the Fenley Office Portfolio
Mortgage Loan, which constituted approximately 3.7% of the asset pool of the issuing entity as of its cut-off date.  The
Fenley Office Portfolio Mortgage Loan is an asset of the issuing entity and is part of a loan combination that includes the Fenley
Office Portfolio Mortgage Loan and one other pari passu loan, which is not an asset of the issuing entity. The other pari
passu portion of the loan combination was securitized in the Citigroup Commercial Mortgage Trust 2014-GC25 transaction, Commission
File Number 333-189017-06 (the “CGCMT 2014-GC25 Transaction”). This loan combination, including the Fenley
Office Portfolio Mortgage Loan, is being serviced and administered pursuant to the pooling and servicing agreement for the CGCMT
2014-GC25 Transaction, which is incorporated by reference as Exhibit 4.3 to this Annual Report on Form 10-K. Wells Fargo Bank,
National Association is the master servicer under the pooling and servicing agreement for the CGCMT 2014-GC25 Transaction. The
responsibilities of Wells Fargo Bank, National Association, as primary servicer of this loan combination with respect to the issuing
entity, are subsumed within its responsibilities as master servicer under the pooling and servicing agreement for the CGCMT 2014-GC25
Transaction. Thus, the servicer compliance statement provided by Wells Fargo Bank, National Association, as master servicer under
such pooling and servicing agreement, encompasses its roles as both master servicer and primary servicer with respect to this
loan combination.



Wells Fargo Bank, National
Association is the master servicer of the mortgage loans serviced under the Pooling and Servicing Agreement, the primary servicer
of the Fenley Office Portfolio Mortgage Loan and the primary servicer and certificate administrator of the Bank of America Plaza
Mortgage Loan. As a result, Wells Fargo Bank, National Association is a “servicer” as defined in Item 1108(a)(2)(iii)
of Regulation AB, in the capacities described above, because it is servicing mortgage loans that constituted 10% or more of the
assets of the issuing entity as of its cut-off date. The assessments of compliance with applicable servicing criteria, accountants’
attestation reports and servicer compliance statements delivered by Wells Fargo Bank, National Association in the capacities described
above are listed in the Exhibit Index.



Wells Fargo Bank, National
Association is the custodian of the Bank of America Plaza Mortgage Loan, which when combined with its other capacities described
in the preceding paragraph, means that Wells Fargo Bank, National Association is a servicing function participant with respect
to 5% or more of the assets of the issuing entity as of its cut off date. The assessment of compliance with applicable servicing
criteria and accountants' attestation report delivered by Wells Fargo Bank, National Association in such capacity is listed in
the Exhibit Index.



Pentalpha Surveillance
LLC is the operating advisor of the mortgage loans serviced under the Pooling and Servicing Agreement and the Bank of America
Plaza Mortgage Loan. As a result, Pentalpha Surveillance LLC is a servicing function participant in the capacities described above,
because it is servicing mortgage loans that constituted 5% or more of the assets of the issuing entity as of its cut-off date.
The assessments of compliance with applicable servicing criteria and accountants’ attestation reports delivered by Pentalpha
Surveillance LLC in the capacities described above are listed in the Exhibit Index.



Citibank, N.A. is an affiliate
of Citigroup Global Markets Realty Corp., one of the sponsors.  Therefore, the Depositor included in this Annual Report on
Form 10-K a servicer compliance statement for Citibank, N.A. pursuant to Item 1123.  Because Citibank, N.A. is servicing
less than 5% of the pool assets, an assessment of compliance with applicable servicing criteria and an accountants’ attestation
report pursuant to Item 1122 of Regulation AB are not required by Regulation AB.  As the attestation made in the servicer
compliance statement required by Item 1123 relates to a review of the servicing activities of Citibank, N.A. under the applicable
servicing agreement, and that review was conducted in conjunction with the servicer’s preparation of its assessment of compliance
with applicable servicing criteria, that assessment of compliance with applicable servicing criteria and the accompanying accountants’
attestation report are included in this Annual Report on Form 10-K for the sake of completeness.



This Annual Report on Form
10-K includes assessments of compliance with applicable servicing criteria and accountants’ attestation reports from CoreLogic
Commercial Real Estate Services, Inc. and National Tax Search, LLC.  These entities were engaged by the master servicer under
the Pooling and Servicing Agreement and the primary servicer of the Fenley Office Portfolio Mortgage Loan and the Bank of America
Plaza Mortgage





3







Loan to remit tax payments received from the escrow accounts of borrowers to local taxing authorities, to report
tax amounts due, to verify tax parcel information, and to verify non-escrow tax payments. These servicing functions are included
within the servicing criteria set forth in Items 1122(d)(4)(xi) and 1122(d)(4)(xii) of Regulation AB.  Therefore, under the
principles-based definition of “servicer” set forth in Item 1101(j) of Regulation AB that looks to the functions that
an entity performs, these vendors are “servicers” for the purposes of Item 1122 of Regulation AB.  See
Compliance and Disclosure Interpretations, Section 301.01 (Item 1101(j)).



With respect to the pari
passu loan combinations that includes the Fenley Office Portfolio Mortgage Loan and the Bank of America Plaza Mortgage Loan
(i) although Citibank, N.A. is a party performing activities that address servicing criteria relating to 5% or less of the assets
of the issuing entity, its report on assessment of compliance with servicing criteria and assessment of compliance with servicing
criteria are included for the sake of completeness as explained above; however, the reports on assessment of compliance with servicing
criteria and attestation reports on assessment of compliance with servicing criteria of Midland Loan Services, a Division of PNC
Bank, National Association as special servicer of the Fenley Office Portfolio Mortgage Loan, Deutsche Bank Trust Company Americas
as trustee and custodian of the Fenley Office Portfolio Mortgage Loan, Park Bridge Lender Services LLC as operating advisor of the Fenley Office
Portfolio Mortgage Loan, CWCapital Asset Management LLC as special servicer of the Bank of America Plaza Mortgage Loan and Wilmington
Trust, National Association as trustee of the Bank of America Plaza Mortgage Loan, listed on the Exhibit Index are omitted from
this Annual Report on Form 10-K as they are not required to be included on this Annual Report on Form 10-K per Instruction 3 to
Item 1122 of Regulation AB because they are parties performing activities that address servicing criteria relating to 5% or less
of the assets of the issuing entity; and (ii) the servicer compliance statements of Midland Loan Services, a Division of PNC Bank,
National Association as special servicer of the Fenley Office Portfolio Mortgage Loan and CWCapital Asset Management LLC as special
servicer of the Bank of America Plaza Mortgage Loan, listed on the Exhibit Index are omitted from this Annual Report on Form 10-K
as they are not required by Item 1123 of Regulation AB to be included on this Annual Report on Form 10-K because they are each
an unaffiliated party that is not a “servicer” that meets the criteria in Item 1108(a)(2)(i) through (iii) of Regulation
AB.



PART
I



Item 1. Business.



Omitted.



Item 1A. Risk Factors.



Omitted.



Item 1B. Unresolved
Staff Comments.



None.



Item 2. Properties.



Omitted.



Item 3. Legal Proceedings.



Omitted.



Item 4. Mine Safety
Disclosures.



Not applicable.



PART
II



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



Omitted.



Item 6. Selected Financial
Data.



Omitted.



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



Omitted.





4







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
Accounting Fees and Services.



Omitted.



ADDITIONAL
DISCLOSURE ITEMS FOR REGULATION AB



Item 1112(b) of Regulation
AB, Significant Obligor Financial Information.



No single obligor represents
10% or more of the pool assets held by the issuing entity.



Item 1114(b)(2) of
Regulation AB, Significant Enhancement Provider Financial Information.



No
entity or group of affiliated entities provides any external credit enhancement or other support for the certificates within this
transaction as described 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 any derivative instruments or other support for the certificates within this transaction as described under
Item 1115 of Regulation AB.





5







Item 1117 of Regulation
AB, Legal Proceedings.



The
registrant knows of no material pending legal proceeding involving the trust or any party related to the trust, other than routine
litigation incidental to the duties of those respective parties, and the following, with respect to CWCapital Asset Management
LLC, as special servicer, Wells Fargo Bank, National Association, as certificate administrator and custodian, Deutsche Bank Trust
Company Americas, as trustee and custodian and Citibank, N.A., as certificate administrator:



On January 24, 2016 PSW NYC LLC commenced a complaint (the “PSW
Complaint”) with the Supreme Court of the State of New York, County of New York (the “PSW Court”)
against Bank of America, N.A. as trustee under the pooling and servicing agreements for Wachovia Bank Commercial Mortgage Trust
2007-C30 and COBALT CMBS Commercial Trust 2007-C2, U.S. Bank National Association as Trustee under the pooling and servicing agreements
for Wachovia Bank Commercial Mortgage Trust 20007-C31, ML-CFC Commercial Mortgage Trust 2007-5 and ML-CFC Commercial Mortgage Trust
2007-6 (collectively, the “Trusts”), PCV-M Holdings LLC and CWCapital Asset Management LLC, individually and
as special servicer for the Trusts (collectively, the “Defendants”) seeking either (a) damages in an amount
to be determined by the PSW Court but alleged by the plaintiffs to be approximately $500,000,000 – such amount being the
amount PSW NYC LLC alleges would have been recovered on certain mezzanine loans (the “Mezzanine Loans”) related
to the Peter Cooper Village and Stuyvesant Town property (the “PCVST Property”) in New York City which PSW NYC
LLC sold to an entity related to the Defendants pursuant to a settlement agreement related to certain prior litigation (the “Settlement
Agreement”) or (b) the rescission of the Settlement Agreement which would result in, among other things, the rescission
of the sale of the Mezzanine Loans and a claim for certain proceeds from the sale of the PCVST Property. PSW NYC LLC alleges that
the Defendants procured the Settlement Agreement by fraud and further that the terms of the Settlement Agreement were breached
by the Defendants. On February 26, 2016, CWCAM on behalf of itself and the other Defendants filled a motion to dismiss the complaint
(the “CWCAM Motion to Dismiss”). Oral argument has been set by the PSW Court on the CWCAM Motion to Dismiss
for August 23, 2016. There can be no assurances as to the outcome of this CWCAM Motion to Dismiss or the PSW Complaint or the possible
impact on CWCAM. However, CWCAM believes that it was not guilty of any fraud in the procurement of the Settlement Agreement, that
it performed its obligations under applicable pooling and servicing agreements in good faith and disputes PSW NYC LLC allegations.
CWCAM intends to vigorously contest such allegations.



On June 18, 2014, a group of institutional investors filed a civil
complaint in the Supreme Court of the State of New York, New York County, against Wells Fargo Bank, N.A. (“Wells Fargo
Bank”), in its capacity as trustee under 276 residential mortgage backed securities (“RMBS”) trusts,
which was later amended on July 18, 2014, to increase the number of trusts to 284 RMBS trusts. On November 24, 2014, the plaintiffs
filed a motion to voluntarily dismiss the state court action without prejudice. That same day, a group of institutional investors
filed a putative class action complaint in the United States District Court for the Southern District of New York (the “District
Court”) against Wells Fargo Bank, alleging claims against the bank in its capacity as trustee for 274 RMBS trusts (the
“Federal Court Complaint”). In December 2014, the plaintiffs’ motion to voluntarily dismiss their original
state court action was granted. As with the prior state court action, the Federal Court Complaint is one of six similar complaints
filed contemporaneously against RMBS trustees (Deutsche Bank, Citibank, HSBC, Bank of New York Mellon and US Bank) by a group of
institutional investor plaintiffs. The Federal Court Complaint against Wells Fargo Bank alleges that the trustee caused losses
to investors and asserts causes of action based upon, among other things, the trustee's alleged failure to: (i) notify and enforce
repurchase obligations of mortgage loan sellers for purported breaches of representations and warranties, (ii) notify investors
of alleged events of default, and (iii) abide by appropriate standards of care following alleged events of default. Relief sought
includes money damages in an unspecified amount, reimbursement of expenses, and equitable relief. Other cases alleging similar
causes of action have been filed against Wells Fargo Bank and other trustees in the District Court by RMBS investors in these and
other transactions, and these cases against Wells Fargo Bank are proceeding before the same District Court judge. A similar complaint
was also filed May 27, 2016 in New York state court by a different plaintiff investor. On January 19, 2016, an order was entered
in connection with the Federal Court Complaint in which the District Court declined to exercise jurisdiction over 261 trusts at
issue in the Federal Court Complaint; the District Court also allowed plaintiffs to file amended complaints as to the remaining,
non-dismissed trusts, if they so chose, and three amended complaints have been filed. On December 17, 2016, the investor plaintiffs
in the 261 trusts dismissed from the Federal Court Complaint filed a new complaint in New York state court (the “State
Court Complaint”). Motions to dismiss all of the actions are pending except for the recently filed State Court Complaint.
There can be no assurances as to the outcome of the litigations, or the possible impact of the litigations on the trustee or the
RMBS trusts. However, Wells Fargo Bank denies liability and believes that it has performed its obligations under the RMBS trusts
in good faith, that its actions were not the cause of any losses to investors, and that it has meritorious defenses, and it intends
to contest the plaintiffs’ claims vigorously.



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



On June 18, 2014, a group of investors, including funds managed by
Blackrock Advisors, LLC, PIMCO-Advisors, L.P., and others, filed a derivative action against DBNTC and DBTCA in New York State
Supreme Court purportedly on behalf of and for the benefit of 544 private-label RMBS trusts asserting claims for alleged violations
of the U.S. Trust Indenture Act of 1939 (TIA), breach of contract, breach of fiduciary duty and negligence based on DBNTC and DBTCA’s
alleged failure to perform their duties as trustees for the trusts. Plaintiffs subsequently dismissed their state court complaint
and filed a derivative and class action complaint in the U.S. District Court for the Southern District of New 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 court
action. The complaint alleges that the trusts at issue have suffered total realized collateral losses of U.S. $89.4 billion, but
the complaint does not include a demand for money damages in a sum certain. DBNTC and DBTCA filed a motion to dismiss, and on January
19, 2016, the court partially granted the motion on procedural grounds: as to the 500 trusts that are governed by Pooling and Servicing
Agreements, the court declined to exercise jurisdiction. The court did not rule on substantive defenses asserted in the motion
to dismiss. On March 22, 2016, plaintiffs filed an amended complaint in federal court. In the amended complaint, in connection
with 62 trusts governed by indenture agreements, plaintiffs assert claims for breach of contract, violation of the TIA, breach
of fiduciary duty, and breach of duty to avoid conflicts of interest. The amended complaint alleges that the trusts at issue have
suffered total realized collateral losses of U.S. $9.8 billion, but the complaint does not include a demand for money damages in
a sum certain. On July 15, 2016, DBNTC and DBTCA filed a motion to dismiss the amended complaint. On January 23, 2017, the court
granted in part and denied in part DBNTC and DBTCA’s motion to dismiss. The court granted the motion to dismiss with respect
to plaintiffs’ conflict-of-interest claim, thereby





6







dismissing it, and denied the motion to dismiss with respect to
plaintiffs’ breach of contract claim (except as noted below) and claim for violation of the TIA, thereby allowing those
claims to proceed. On January 26, 2017, the parties filed a joint stipulation and proposed order dismissing plaintiffs’
claim for breach of fiduciary duty. On January 27, 2017, the court entered the parties’ joint stipulation and ordered
that plaintiffs’ claim for breach of fiduciary duty be dismissed. On February 3, 2017, following a hearing concerning
DBNTC and DBTCA’s motion to dismiss on February 2, 2017, the court issued a short form order dismissing (i)
plaintiffs’ representation and warranty claims as to 21 trusts whose originators and/or sponsors had entered bankruptcy
and the deadline for asserting claims against such originators and/or sponsors had passed as of 2009 and (ii)
plaintiffs’ claims to the extent they were premised upon any alleged pre-Event of Default duty to terminate servicers.
Discovery is ongoing.



On March 25, 2016, the BlackRock plaintiffs filed a state court action against DBTCA in the Superior Court of California,
Orange County with respect to 513 trusts.  On May 18, 2016, plaintiffs filed an amended complaint with respect to 465
trusts, and included DBNTC as an additional defendant.  The amended complaint asserts three causes of action:  breach
of contract; breach of fiduciary duty; and breach of the duty to avoid conflicts of interest.  Plaintiffs purport to
bring the action on behalf of themselves and all other current owners of certificates in the 465 trusts.  The amended
complaint alleges that the trusts at issue have suffered total realized collateral losses of U.S. $75.7 billion, but does not include
a demand for money damages in a sum certain. On August 22, 2016, DBNTC and DBTCA filed a demurrer as to Plaintiffs’ breach
of fiduciary duty cause of action and breach of the duty to avoid conflicts of interest cause of action and motion to strike as
to Plaintiffs’ breach of contract cause of action. On October 18, 2016, the court granted DBNTC and DBTCA’s demurrer,
providing Plaintiffs with thirty days’ leave to amend, and denied DBNTC and DBTCA’s motion to strike. Plaintiffs did
not further amend their complaint and, on December 19, 2016, DBNTC and DBTCA filed an answer to the amended complaint. Discovery
is ongoing.



On December 30, 2015, IKB International, S.A. in Liquidation and IKB Deutsche Industriebank A.G. (collectively, “IKB”),
as an investor in 37 RMBS trusts, filed a summons with notice in the Supreme Court of the State of New York, New York County, against
DBNTC and DBTCA as trustees of the trusts.  On May 27, 2016, IKB served its complaint asserting claims for breach of contract,
breach of fiduciary duty, breach of duty to avoid conflicts of interest, violation of New York’s Streit Act, violation of
the Trust Indenture Act, violation of Regulation 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 in damages. On October 5, 2016, DBNTC and DBTCA, together with several
other trustees defending lawsuits by IKB, filed a joint motion to dismiss. On January 6, 2017, IKB filed a notice of discontinuance,
voluntarily dismissing with prejudice all claims as to three trusts. As of January 17, 2017, DBNTC and DBTCA’s motion to
dismiss has been briefed and is awaiting decision by the court. Certain limited discovery is permitted to go forward while the
motion to dismiss is pending.



It is DBTCA’s belief that it has no pending legal proceedings (including, based on DBTCA’s present evaluation, the
litigation disclosed in the foregoing paragraphs) that would materially affect its ability to perform its duties as trustee and
custodian under the pooling and servicing agreement for the CGCMT 2014-GC25 Transaction.



Citibank, N.A. (“Citibank”) is acting as certificate administrator of the CGCMT 2014-GC25 Transaction.
In the ordinary course of business, Citibank is involved in a number of legal proceedings, including in connection with its role
as trustee of certain RMBS transactions. Certain of these Citibank as trustee-related matters are disclosed herein.



On June 18, 2014, a civil action was filed against Citibank in the
Supreme Court of the State of New York by a group of investors in 48 private-label RMBS trusts for which Citibank allegedly serves
or did serve as trustee, asserting claims for purported violations of the Trust Indenture Act of 1939 (the “Trust Indenture
Act”), breach of contract, breach of fiduciary duty and negligence based on Citibank’s alleged failure to perform
its duties as trustee for the 48 RMBS trusts. On November 24, 2014, plaintiffs sought leave to withdraw this action. 
On the same day, a smaller subset of similar plaintiff investors in 27 private-label RMBS trusts for which Citibank allegedly serves
or did serve as trustee, filed a new civil action against Citibank in the United States District Court for the Southern District
of New York asserting similar 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 as of May 13, 2015. On
September 8, 2015, the federal court dismissed all claims as to 24 of the 27 trusts and allowed certain of the claims to proceed
as to the other three trusts. Subsequently, plaintiffs voluntarily dismissed all claims with respect to two of the three trusts.
This case is still pending as to the one remaining trust at issue.



On November 24, 2015, the same investors that brought the federal
case brought a new civil action in the Supreme Court of the State of New York related to 25 private-label RMBS trusts for which
Citibank allegedly serves or did serve as trustee. This case includes the 24 trusts previously dismissed in the federal action,
and one additional trust. The investors assert claims for breach of contract, breach of fiduciary duty, breach of duty to avoid
conflicts of interest, and violation 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’s motion to dismiss the amended complaint was fully briefed as of October
21, 2016. We await a decision.



On August 19, 2015, the Federal Deposit Insurance Corporation (FDIC)
as Receiver for a financial institution filed a civil action against Citibank in the Southern District of New York. This action
relates to one private-label RMBS trust for which Citibank formerly served as trustee. FDIC asserts claims for breach of contract,
violation of the Streit Act, and violation of the Trust Indenture Act. Citibank jointly briefed a motion to dismiss with The Bank
of New York Mellon and U.S. Bank, entities that have also been sued by FDIC in their capacity 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 the complaint without prejudice for lack of subject matter jurisdiction. On
October 14, 2016, FDIC filed a motion for reargument or relief from judgment from the Court’s dismissal order. On October
25, 2016, the court granted leave for defendants to file an opposition brief. Defendants filed their opposition on November 15,
2016 and Plaintiff filed its reply brief on November 22, 2016. We await a decision from the Court on plaintiff’s motion.



There can be no assurances as to the outcome of litigation or the
possible impact of litigation on the trustee or the RMBS trusts. However, Citibank denies liability and continues to vigorously
defend against these litigations. Furthermore, neither the above-disclosed litigations nor any other pending legal
proceeding involving Citibank will materially affect Citibank’s ability to perform its duties as certificate administrator
under the pooling and servicing agreement for the CGCMT 2014-GC25 Transaction.



7









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



The information regarding
this Item has been previously provided in a prospectus supplement of the Registrant relating to the issuing entity filed on December
8, 2014 pursuant to Rule 424(b)(5).



Item 1122 of Regulation
AB, Compliance with Applicable Servicing Criteria.



The reports on assessments
of compliance with the servicing criteria for asset-backed securities and related attestation reports on such assessments of compliance
with respect to the mortgage loans are attached hereto under Item 15 to this Annual Report on Form 10-K. Attached as Exhibit O
to the Pooling and Servicing Agreement incorporated by reference as Exhibit 4.1 to this Annual Report on Form 10-K is a chart
identifying the entities participating in a servicing function for the transaction responsible for each applicable servicing criteria
set forth in Item 1122(d).



The reports on assessments
of compliance with the servicing criteria for asset-backed securities and related attestation reports on such assessments of compliance
with respect to the Bank of America Plaza Mortgage Loan, which is being serviced and administered pursuant to the pooling and
servicing agreement for the WFRBS 2014-C22 Transaction, are attached hereto under Item 15 to this Annual Report on Form 10-K.
Attached as Schedule III to the pooling and servicing agreement for the WFRBS 2014-C22 Transaction incorporated by reference as
Exhibit 4.2 to this Annual Report on Form 10-K is a chart identifying the entities participating in a servicing function for the
WFRBS 2014-C22 Transaction responsible for each applicable servicing criteria set forth in Item 1122(d).



The reports on assessments
of compliance with the servicing criteria for asset-backed securities and related attestation reports on such assessments of compliance
with respect to the Fenley Office Portfolio Mortgage Loan, which is being serviced and administered pursuant to the pooling and
servicing agreement for the CGCMT 2014-GC25 Transaction, are attached hereto under Item 15 to this Annual Report on Form 10-K.
Attached as Exhibit O to the pooling and servicing agreement for the CGCMT 2014-GC25 Transaction incorporated by reference as
Exhibit 4.3 to this Annual Report on Form 10-K is a chart identifying the entities participating in a servicing function for the
CGCMT 2014-GC25 Transaction responsible for each applicable servicing criteria set forth in Item 1122(d).



Item 1123 of Regulation
AB, Servicer Compliance Statement.



The servicer compliance
statements are attached as Exhibits to 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 of this Annual Report on Form 10-K:



(1)
Not applicable



(2)
Not applicable



(3)
See below



| | 4.1 | Pooling and Servicing
                                         Agreement, dated as of December 1, 2014, by and among GS Mortgage Securities Corporation
                                         II, as Depositor, Wells Fargo Bank, National Association, as Master Servicer, LNR Partners,
                                         LLC , as General Special Servicer, CWCapital Asset Management LLC as Cypresswood Court
                                         Shopping Center Special Servicer, Pentalpha Surveillance LLC, as Operating Advisor, U.S.
                                         Bank National Association, as Certificate Administrator and U.S. Bank National Association,
                                         as Trustee (filed as Exhibit 4.1 to the registrant’s Current Report on Form 8-K
                                         filed on December 8, 2014 under Commission File No. 333-191331-06 and incorporated by
                                         reference herein).
| | --- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 4.2 | Pooling and Servicing
                                         Agreement, dated as of September 1, 2014, by and among Wells Fargo Commercial Mortgage
                                         Securities, Inc., as Depositor, Wells Fargo Bank, National Association, as Master Servicer,
                                         CWCapital Asset Management LLC, as General Special Servicer, NCB, FSB as NCB Master Servicer,
                                         NCB, FSB, as NCB Special Servicer, Pentalpha Surveillance LLC, as Trust Advisor, Wells
                                         Fargo Bank, National Association, as Certificate Administrator, as Tax Administrator
                                         and as Custodian and Wilmington Trust, National Association, as Trustee (filed as Exhibit
                                         4.2 to the registrant’s Current Report on Form 8-K filed on December 8, 2014 under
                                         Commission File No. 333-191331-06 and incorporated by reference herein).
| | --- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 4.3 | Pooling and Servicing
                                         Agreement, dated as of October 1, 2014, by and among Citigroup Commercial Mortgage Securities
                                         Inc., as Depositor, Wells Fargo Bank, National Association, as Master Servicer, Midland
                                         Loan Services, a Division of PNC Bank, National Association, as Special Servicer, Park
                                         Bridge Lender Services LLC, as Operating Advisor, Citibank, N.A., as Certificate Administrator, and Deutsche Bank Trust Company Americas, as Trustee (filed as Exhibit 4.3 to the registrant’s
                                         Current Report on Form 8-K filed on December 8, 2014 under Commission File No. 333-191331-06
                                         and incorporated by reference herein).
| | --- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------





8







| | 10.1 | Mortgage Loan
                                         Purchase Agreement, dated as of December 1, 2014, between GS Mortgage Securities Corporation
                                         II and Goldman Sachs Mortgage Company (filed as Exhibit 10.1 to the registrant’s
                                         Current Report on Form 8-K filed on December 8, 2014 under Commission File No. 333-191331-06
                                         and incorporated by reference herein)
| | ---- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 10.2 | Mortgage Loan
                                         Purchase Agreement, dated as of December 1, 2014, between GS Mortgage Securities Corporation
                                         II and Citigroup Global Markets Realty Corp. (filed as Exhibit 10.2 to the registrant’s
                                         Current Report on Form 8-K filed on December 8, 2014 under Commission File No. 333-191331-06
                                         and incorporated by reference herein)
| | ---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 10.3 | Mortgage Loan
                                         Purchase Agreement, dated as of December 1, 2014, between GS Mortgage Securities Corporation
                                         II and Cantor Commercial Real Estate Lending, L.P. (filed as Exhibit 10.4 to the registrant’s
                                         Current Report on Form 8-K filed on December 8, 2014 under Commission File No. 333-191331-06
                                         and incorporated by reference herein)
| | ---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 10.4 | Mortgage Loan
                                         Purchase Agreement, dated as of December 1, 2014, between GS Mortgage Securities Corporation
                                         II and Starwood Mortgage Funding I LLC (filed as Exhibit 10.3 to the registrant’s
                                         Current Report on Form 8-K filed on December 8, 2014 under Commission File No. 333-191331-06
                                         and incorporated by reference herein)
| | ---- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 10.5 | Mortgage Loan
                                         Purchase Agreement, dated as of December 1, 2014, between GS Mortgage Securities Corporation
                                         II and MC-Five Mile Commercial Mortgage Finance LLC (filed as Exhibit 10.5 to the registrant’s
                                         Current Report on Form 8-K filed on December 8, 2014 under Commission File No. 333-191331-06
                                         and incorporated by reference herein)
| | ---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



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



| | 33 | Reports on assessment
                                         of compliance with servicing criteria for asset-backed securities.
| | -- | ---------------------------------------------------------------------------------------------------------------------------------



| | 33.1 | Wells Fargo
                                         Bank, National Association, as Master Servicer
| | ---- | ---------------------------------------------------------------------------------------------------



| | 33.2 | LNR Partners,
                                         LLC, as General Special Servicer
| | ---- | ---------------------------------------------------------------------------------------



| | 33.3 | U.S. Bank National
                                         Association, as Trustee, Certificate Administrator and Custodian
| | ---- | ----------------------------------------------------------------------------------------------------------------------------



| | 33.4 | Pentalpha Surveillance
                                         LLC, as Operating Advisor
| | ---- | -----------------------------------------------------------------------------------------



| | 33.5 | CoreLogic Commercial
                                         Real Estate Services, Inc., as Servicing Function Participant
| | ---- | ---------------------------------------------------------------------------------------------------------------------------



| | 33.6 | National Tax
                                         Search, LLC, as Servicing Function Participant
| | ---- | ----------------------------------------------------------------------------------------------------



| | 33.7 | Wells Fargo
                                         Bank, National Association, as Primary Servicer of the Twin Cities Premium Outlets Mortgage
                                         Loan (see Exhibit 33.1)
| | ---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.8 | LNR Partners,
                                         LLC, as Special Servicer of the Twin Cities Premium Outlets Mortgage Loan (See Exhibit
                                         33.2)
| | ---- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.9 | U.S. Bank National
                                         Association, as Trustee, Certificate Administrator and Custodian of the Twin Cities Premium
                                         Outlets Mortgage Loan (see Exhibit 33.3)
| | ---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.10 | Pentalpha Surveillance
                                         LLC, as Operating Advisor of the Twin Cities Premium Outlets Mortgage Loan (see Exhibit
                                         33.4)
| | ----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.11 | CoreLogic Commercial
                                         Real Estate Services, Inc., as Servicing Function Participant of the Twin Cities Premium
                                         Outlets Mortgage Loan (see Exhibit 33.5)
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.12 | National Tax
                                         Search, LLC, as Servicing Function Participant of the Twin Cities Premium Outlets Mortgage
                                         Loan (see Exhibit 33.6)
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.13 | Wells Fargo
                                         Bank, National Association, as Primary Servicer of the Bank of America Plaza Mortgage
                                         Loan (see Exhibit 33.1)
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.14 | CWCapital Asset
                                         Management LLC, as Special Servicer of the Bank of America Plaza Mortgage Loan (Omitted.
                                         See Explanatory Notes.)
| | ----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.15 | Wilmington
                                         Trust, National Association, as Trustee of the Bank of America Plaza Mortgage Loan (Omitted.
                                         See Explanatory Notes.)
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.16 | Wells Fargo
                                         Bank, National Association, as Certificate Administrator of the Bank of America Plaza
                                         Mortgage Loan
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.17 | Wells Fargo
                                         Bank, National Association, as Custodian of the Bank of America Plaza Mortgage Loan
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------



| | 33.18 | Pentalpha Surveillance
                                         LLC, as Trust Advisor of the Bank of America Plaza Mortgage Loan (see Exhibit 33.4)
| | ----- | ---------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.19 | CoreLogic Commercial
                                         Real Estate Services, Inc., as Servicing Function Participant of the Bank of America
                                         Plaza Mortgage Loan (see Exhibit 33.5)
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.20 | National Tax
                                         Search, LLC, as Servicing Function Participant of the Bank of America Plaza Mortgage
                                         Loan (see Exhibit 33.6)
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.21 | Wells Fargo
                                         Bank, National Association, as Primary Servicer of the Fenley Office Portfolio Mortgage
                                         Loan (see Exhibit 33.1)
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------





9







| | 33.22 | Midland Loan
                                         Services, a Division of PNC Bank, National Association, as Special Servicer of the Fenley
                                         Office Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)
| | ----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.23 | Deutsche Bank
                                         Trust Company Americas, as Trustee of the Fenley Office Portfolio Mortgage Loan (Omitted.
                                         See Explanatory Notes.)
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.24 | Citibank, N.A.,
                                         as Certificate Administrator of the Fenley Office Portfolio Mortgage Loan
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------



| | 33.25 | Deutsche Bank
                                         Trust Company Americas, as Custodian of the Fenley Office Portfolio Mortgage Loan (Omitted.
                                         See Explanatory Notes.)
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.26 | Park Bridge
                                         Lender Services LLC, as Operating Advisor of the Fenley Office Portfolio Mortgage Loan
                                         (Omitted. See Explanatory Notes.)
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.27 | CoreLogic Commercial
                                         Real Estate Services, Inc., as Servicing Function Participant of the Fenley Office Portfolio
                                         Mortgage Loan (see Exhibit 33.5)
| | ----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 33.28 | National Tax
                                         Search, LLC, as Servicing Function Participant of the Fenley Office Portfolio Mortgage
                                         Loan (see Exhibit 33.6)
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34 | Attestation reports
                                         on assessment of compliance with servicing criteria for asset-backed securities.
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------



| | 34.1 | Wells Fargo
                                         Bank, National Association, as Master Servicer
| | ---- | ---------------------------------------------------------------------------------------------------



| | 34.2 | LNR Partners,
                                         LLC, as General Special Servicer
| | ---- | ---------------------------------------------------------------------------------------



| | 34.3 | U.S. Bank National
                                         Association, as Trustee, Certificate Administrator and Custodian
| | ---- | ----------------------------------------------------------------------------------------------------------------------------



| | 34.4 | Pentalpha Surveillance
                                         LLC, as Operating Advisor
| | ---- | -----------------------------------------------------------------------------------------



| | 34.5 | CoreLogic Commercial
                                         Real Estate Services, Inc., as Servicing Function Participant
| | ---- | ---------------------------------------------------------------------------------------------------------------------------



| | 34.6 | National Tax
                                         Search, LLC, as Servicing Function Participant
| | ---- | ----------------------------------------------------------------------------------------------------



| | 34.7 | Wells Fargo
                                         Bank, National Association, as Primary Servicer of the Twin Cities Premium Outlets Mortgage
                                         Loan (see Exhibit 34.1)
| | ---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.8 | LNR Partners,
                                         LLC, as Special Servicer of the Twin Cities Premium Outlets Mortgage Loan (see Exhibit
                                         34.2)
| | ---- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.9 | U.S. Bank National
                                         Association, as Trustee, Certificate Administrator and Custodian of the Twin Cities Premium
                                         Outlets Mortgage Loan (see Exhibit 34.3)
| | ---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.10 | Pentalpha Surveillance
                                         LLC, as Operating Advisor of the Twin Cities Premium Outlets Mortgage Loan (see Exhibit
                                         34.4)
| | ----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.11 | CoreLogic Commercial
                                         Real Estate Services, Inc., as Servicing Function Participant of the Twin Cities Premium
                                         Outlets Mortgage Loan (see Exhibit 34.5)
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.12 | National Tax
                                         Search, LLC, as Servicing Function Participant of the Twin Cities Premium Outlets Mortgage
                                         Loan (see Exhibit 34.6)
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.13 | Wells Fargo
                                         Bank, National Association, as Primary Servicer of the Bank of America Plaza Mortgage
                                         Loan (see Exhibit 34.1)
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.14 | CWCapital Asset
                                         Management LLC, as Special Servicer of the Bank of America Plaza Mortgage Loan (Omitted.
                                         See Explanatory Notes.)
| | ----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.15 | Wilmington
                                         Trust, National Association, as Trustee of the Bank of America Plaza Mortgage Loan (Omitted.
                                         See Explanatory Notes.)
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.16 | Wells Fargo
                                         Bank, National Association, as Certificate Administrator of the Bank of America Plaza
                                         Mortgage Loan
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.17 | Wells Fargo
                                         Bank, National Association, as Custodian of the Bank of America Plaza Mortgage Loan
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------



| | 34.18 | Pentalpha Surveillance
                                         LLC, as Trust Advisor of the Bank of America Plaza Mortgage Loan (see Exhibit 34.4)
| | ----- | ---------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.19 | CoreLogic Commercial
                                         Real Estate Services, Inc., as Servicing Function Participant of the Bank of America
                                         Plaza Mortgage Loan (see Exhibit 34.5)
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.20 | National Tax
                                         Search, LLC, as Servicing Function Participant of the Bank of America Plaza Mortgage
                                         Loan (see Exhibit 34.6)
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.21 | Wells Fargo
                                         Bank, National Association, as Primary Servicer of the Fenley Office Portfolio Mortgage
                                         Loan (see Exhibit 34.1)
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.22 | Midland Loan
                                         Services, a Division of PNC Bank, National Association, as Special Servicer of the Fenley
                                         Office Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)
| | ----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.23 | Deutsche Bank
                                         Trust Company Americas, as Trustee of the Fenley Office Portfolio Mortgage Loan (Omitted.
                                         See Explanatory Notes.)
| | ----- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------





| | 34.24 | Citibank, N.A.,
                                         as Certificate Administrator of the Fenley Office Portfolio Mortgage Loan
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------





10







| | 34.25 | Deutsche Bank
                                         Trust Company Americas, as Custodian of the Fenley Office Portfolio Mortgage Loan (Omitted.
                                         See Explanatory Notes.)
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.26 | Park Bridge
                                         Lender Services LLC, as Operating Advisor of the Fenley Office Portfolio Mortgage Loan
                                         (Omitted. See Explanatory Notes.)
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.27 | CoreLogic Commercial
                                         Real Estate Services, Inc., as Servicing Function Participant of the Fenley Office Portfolio
                                         Mortgage Loan (see Exhibit 34.5)
| | ----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 34.28 | National Tax
                                         Search, LLC, as Servicing Function Participant of the Fenley Office Portfolio Mortgage
                                         Loan (see Exhibit 34.6)
| | ----- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 35 | Servicer compliance
                                         statements.
| | -- | ------------------------------------------------------------------------



| | 35.1 | Wells Fargo
                                         Bank, National Association, as Master Servicer
| | ---- | ---------------------------------------------------------------------------------------------------



| | 35.2 | LNR Partners,
                                         LLC, as General Special Servicer
| | ---- | ---------------------------------------------------------------------------------------



| | 35.3 | U.S. Bank National
                                         Association, as Certificate Administrator
| | ---- | -----------------------------------------------------------------------------------------------------



| | 35.4 | Wells Fargo
                                         Bank, National Association, as Primary Servicer of the Twin Cities Premium Outlets Mortgage
                                         Loan (see Exhibit 35.1)
| | ---- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 35.5 | LNR Partners,
                                         LLC, as Special Servicer of the Twin Cities Premium Outlets Mortgage Loan (see Exhibit
                                         35.2)
| | ---- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 35.6 | U.S. Bank National
                                         Association, as Certificate Administrator of the Twin Cities Premium Outlets Mortgage
                                         Loan (see Exhibit 35.3)
| | ---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 35.7 | Wells Fargo
                                         Bank, National Association, as Primary Servicer of the Bank of America Plaza Mortgage
                                         Loan
| | ---- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 35.8 | CWCapital Asset
                                         Management LLC, as Special Servicer of the Bank of America Plaza Mortgage Loan (Omitted.
                                         See Explanatory Notes.)
| | ---- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 35.9 | Wells Fargo
                                         Bank, National Association, as Certificate Administrator of the Bank of America Plaza
                                         Mortgage Loan
| | ---- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 35.10 | Wells Fargo
                                         Bank, National Association, as Primary Servicer of the Fenley Office Portfolio Mortgage
                                         Loan
| | ----- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 35.11 | Midland Loan
                                         Services, a Division of PNC Bank, National Association, as Special Servicer of the Fenley
                                         Office Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)
| | ----- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 35.12 | Citibank, N.A.,
                                         as Certificate Administrator of the Fenley Office Portfolio Mortgage Loan
| | ----- | ----------------------------------------------------------------------------------------------------------------------------------



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



(c)       Not
Applicable.



11







SIGNATURES



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



GS Mortgage Securities
Corporation II
(Depositor)



|/s/ Leah Nivison                                              | 
|------------------------------------------------------------- | 
|Leah Nivison, Chief Executive Officer                         | 
|(senior officer in charge of securitization of the depositor) | 



Date: March 28,
  2017



12