**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, 2019or**

**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: 333-165147-01**

**Central Index Key Number of the issuing entity:0001529658**

**J.P. Morgan Chase CommercialMortgage Securities Trust 2011-C5**

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

** **

**Central Index Key Number of the depositor: 0001013611**

**J.P. Morgan Chase CommercialMortgage Securities Corp.**

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

** **

**Central Index Key Number of the sponsor: 0000835271**

**JPMorgan Chase Bank, NationalAssociation**

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

** **

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

**the issuing entity)** | **38-3851352**

**38-3851353**

**38-7003224**

**(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:**

**(212) 834-5467**

Securities registered pursuant to Section 12(b) of the Act:

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

Securities registered pursuant to Section 12(g) of 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 Exchange Act.  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 by referenceand the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which thedocument is incorporated: (1) Any annual report to security holders; (2) Anyproxy or information statement; and (3) Any prospectus filed pursuant to Rule424(b) or (c) under the Securities Act of 1933. The listed documents should beclearly described for identification purposes (e.g., annual report to securityholders for fiscal year ended December 24, 1980).

Not applicable.

 

 

**EXPLANATORY NOTE**

With regard to the servicingcriterion set forth in Item 1122(d)(4)(iv), Torchlight Loan Services, LLC, asspecial servicer, has indicated that the criterion is not applicable. Under theterms of the related pooling and servicing agreement, the master servicer mayperform this servicing function, and Torchlight Loan Services, LLC understandsthat the master servicer and the primary servicer have included this criterionin their own assessments of compliance for this transaction.

 

**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 InterContinental Hotel Chicago Mortgage Loan (Loan # 1 onAnnex A-1 of the prospectus supplement of the registrant relating to theissuing entity filed on September 26, 2011 pursuant to Rule 424(b)(5)) constitutesa significant obligor within the meaning of Item 1101(k)(2) of Regulation AB asdisclosed in the prospectus supplement. In accordance with Item 1112(b) ofRegulation AB, the most recent unaudited net operating income of thesignificant obligor was $15,359,335.00 for the twelve- month period endedDecember 31, 2019.

Truist Bank, formerly known asSunTrustBank, the lessee at the mortgaged properties that secure the SunTrust BankPortfolio I Mortgage Loan and the SunTrust Bank Portfolio II Mortgage Loan(Loan # 2 and Loan #13, respectively) on Annex A-1 of the prospectus supplementof the registrant relating to the issuing entity filed on September 26, 2011pursuant to Rule 424(b)(5)) constitutes a significant obligor within themeaning of Item 1101(k)(2) of Regulation AB as disclosed in the prospectussupplement. Year-end financial information required under Item 1112(b) ofRegulation AB, can be found in the tables below. 

 

| Truist Bank                                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                  |
|--------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------|
| 214 N Tryon St                                                     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                  |
| Charlotte, NC 28202                                                |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                  |
| FDIC Certificate #:   9846   Bank Charter Class: NM |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                  |
|                                                               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                  |   |
|                                                               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                  |   |
| ***Definition***                                                   | ***Dollar figures in thousands***                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | **Truist Bank**       |   |
|                                                               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | **Charlotte, NC**     |   |
|                                                               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | **December 31, 2019** |   |
| **Income and Expense**                                             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                  |
| 1                                                                  | Number of institutions reporting                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 1                     |   |
| 2                                                                  | Total interest income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 8,574,000             |   |
| 3                                                                  | Total interest expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 1,665,000             |   |
| 4                                                                  | Net interest income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 6,909,000             |   |
| 5                                                                  | Provision for loan and lease  losses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 327,000               |   |
| 6                                                                  | Total noninterest income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | 4,787,000             |   |
| 7                                                                  | Fiduciary activities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 194,000               |   |
| 8                                                                  | Service charges on deposit  accounts                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 763,000               |   |
| 9                                                                  | Trading account gains & fees                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 85,000                |   |
| 10                                                                 | Additional noninterest income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 3,745,000             |   |
| 11                                                                 | Total noninterest expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 7,070,000             |   |
| 12                                                                 | Salaries and employee benefits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 4,294,000             |   |
| 13                                                                 | Premises and equipment expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 761,000               |   |
| 14                                                                 | Additional noninterest expense                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 2,015,000             |   |
| 15                                                                 | Pre-tax net operating income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | 4,299,000             |   |
| 16                                                                 | Securities gains (losses)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | -94,000               |   |
| 17                                                                 | Applicable income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 805,000               |   |
| 18                                                                 | Income before extraordinary  items                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 3,400,000             |   |
| 19                                                                 | Discontinued operations  (Extraordinary gains - net)*                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 0                     |   |
| 20                                                                 | Net income attributable to bank                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | 3,387,000             |   |
| 21                                                                 | Net income attributable to  noncontrolling interests                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 13,000                |   |
| 22                                                                 | Net income attributable to bank  and noncontrolling interests                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 3,400,000             |   |
| 23                                                                 | Net charge-offs                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | 336,000               |   |
| 24                                                                 | Cash dividends                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 1,650,000             |   |
| 25                                                                 | Sale, conversion, retirement of  capital stock, net                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 138,000               |   |
| 26                                                                 | Net operating income                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 3,746,140             |   |
|  

                                                      | Memo:

Interest income and expense in  foreign offices

Gross fiduciary and related  services income

* Note: Accounting change as of  September 2016, Extraordinary Gains, 

Net now only includes  Discontinued Operations Expense.                                                                                                                                                                                                                                                                                                                                               |                  |   |
|  

***Definition***                                           |                                                                                           ***Dollar figures in thousands*** | **Truist Bank**       |   |
|                                                               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | **Charlotte, NC**     |   |
|                                                               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | **December 31, 2019** |   |
| **Assets and Liabilities**                                         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 1                                                                  | Total employees (full-time  equivalent)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 53,430                |
| 2                                                                  | Total assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | 461,256,000           |
| 3                                                                  | Cash and due from depository institutions                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 18,882,000            |
| 4                                                                  | Interest-bearing balances                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 14,831,000            |
| 5                                                                  | Securities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | 75,124,000            |
| 6                                                                  | Federal funds sold & reverse  repurchase agreements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 143,000               |
| 7                                                                  | Net loans & leases                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 302,366,000           |
| 8                                                                  | Loan loss allowance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 1,277,000             |
| 9                                                                  | Trading account assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 5,302,000             |
| 10                                                                 | Bank premises and fixed assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 5,092,000             |
| 11                                                                 | Other real estate owned                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 94,000                |
| 12                                                                 | Goodwill and other intangibles                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 29,539,000            |
| 13                                                                 | All other assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 24,714,000            |
| 14                                                                 | Total liabilities and capital                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 461,256,000           |
| 15                                                                 | Total liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 397,050,000           |
| 16                                                                 | Total deposits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 347,458,000           |
| 17                                                                 | Interest-bearing deposits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 254,468,000           |
| 18                                                                 | Deposits held in domestic  offices                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 347,458,000           |
| 19                                                                 | % insured                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 55.57%                |
| 20                                                                 | Federal funds purchased &  repurchase agreements                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 527,000               |
| 21                                                                 | Trading liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 498,000               |
| 22                                                                 | Other borrowed funds                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 34,044,000            |
| 23                                                                 | Subordinated debt                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 3,872,000             |
| 24                                                                 | All other liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 10,651,000            |
| 25                                                                 | Total equity capital                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 64,206,000            |
| 26                                                                 | Total bank equity capital                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 64,032,000            |
| 27                                                                 | Perpetual preferred stock                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 0                     |
| 28                                                                 | Common stock                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | 24,000                |
| 29                                                                 | Surplus                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 54,256,000            |
| 30                                                                 | Undivided profits                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   | 9,752,000             |
| 31                                                                 | Noncontrolling interests in  consolidated subsidiaries                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 174,000               |
|                                                               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                  |
|  **Memoranda:**                                               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 32                                                                 | Noncurrent loans and leases                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 2,478,000             |
| 33                                                                 | Noncurrent loans that are wholly  or partially guaranteed by the U.S. government                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 1,659,000             |
| 34                                                                 | Income earned, not collected on  loans                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 1,046,000             |
| 35                                                                 | Earning assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 395,763,000           |
| 36                                                                 | Long-term assets (5+ years)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 158,313,000           |
| 37                                                                 | Average Assets, year-to-date                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | 270,618,400           |
| 38                                                                 | Average Assets, quarterly                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 345,571,000           |
| 39                                                                 | Total risk weighted assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          | 366,688,610           |
| 40                                                                 | Adjusted average assets for  leverage capital purposes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 268,020,000           |
| 41                                                                 | Life insurance assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | 6,337,000             |
| 42                                                                 | General account life insurance  assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | 4,231,000             |
| 43                                                                 | Separate account life insurance  assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 1,539,000             |
| 44                                                                 | Hybrid life insurance assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | 567,000               |
| 45                                                                 | Volatile liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 28,785,000            |
| 46                                                                 | Insider loans                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 172,000               |
| 47                                                                 | FHLB advances                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       | 17,621,000            |
| 48                                                                 | Loans and leases held for sale                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 8,323,000             |
| 49                                                                 | Unused loan commitments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | 178,582,000           |
| 50                                                                 | Tier 1 (core) risk-based capital                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 38,739,000            |
| 51                                                                 | Tier 2 risk-based capital                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 5,245,000             |
| 52                                                                 | Total unused commitments                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | 178,582,000           |
| 53                                                                 | Derivatives                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         | 295,229,000           |
|                                                               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                  |   |   |

 

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

No entity or group of affiliated entities provides any external credit enhancementor other support for the certificates within this transaction as describedunder 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, as trusteeand as custodian.

Beginning on June 18, 2014, a group of institutionalinvestors filed civil complaints in the Supreme Court of the State of New York,New York County, and later the U.S. District Court for the Southern District ofNew York, against Wells Fargo Bank, N.A., (“Wells Fargo Bank”) in itscapacity as trustee for certain residential mortgage backed securities (“RMBS”)trusts.  The complaints against Wells Fargo Bank alleged that the trusteecaused losses to investors and asserted causes of action based upon, amongother things, the trustee's alleged failure to: (i) notify and enforcerepurchase obligations of mortgage loan sellers for purported breaches ofrepresentations and warranties, (ii) notify investors of alleged events ofdefault, and (iii) abide by appropriate standards of care following allegedevents of default. Relief sought included money damages in an unspecifiedamount, reimbursement of expenses, and equitable relief. In November 2018,Wells Fargo Bank reached an agreement, in which it denied any wrongdoing, toresolve such claims on a classwide basis for the 271 RMBS trusts atissue.  On May 6, 2019, the court entered an order approving thesettlement agreement.  Separate lawsuits against Wells Fargo Bank makingsimilar allegations filed by certain other institutional investors concerningseveral RMBS trusts in New York federal and state court are not covered by theagreement.  With respect to such litigations, Wells Fargo Bank believesplaintiffs' claims are without merit and intends to contest the claims vigorously,but there can be no assurances as to the outcome of the litigations or thepossible impact of the litigations on Wells Fargo Bank or the RMBS trusts.

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

The information regarding this Item has been previouslyprovided in a prospectus supplement of the Registrant relating to the issuingentity filed on September 26, 2011 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 Exhibit AAto the Pooling and Servicing Agreement incorporated by reference as Exhibit 4to 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 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 (“Midland”)discloses that a material instance of noncompliance occurred, as describedbelow:

Material Instance of Noncompliance

In certain instances, the Schedule AL Files (Item 1125 ofRegulation AB) were not reported in accordance with the terms specified in thetransaction agreements, in conflict with Item 1122(d)(3)(i): “Reports toinvestors, including those to be filed with the Commission, are maintained inaccordance with the transaction agreements and applicable Commissionrequirements. Specifically, such reports: (A) Are prepared in accordance withtimeframes and other terms set forth in the transaction agreements”.  Thenoncompliance consisted of omitted or inaccurately reported fields as describedin (1) and (2) below.  (1) In connection with other enhancements Midlandmade to its manual Schedule AL process, starting in April 2019, Midlanddeveloped and implemented new Schedule AL reporting templates for eachapplicable CMBS transaction that closed prior to April 2019 and for eachapplicable CMBS transaction going forward.  Related to this, Midland madecertain template setup errors, along with related and other manual inputting ofinformation errors, and the errors were not identified prior to submission ofthe applicable Schedule AL Files in certain cases due to breakdowns in qualitycontrol.  (2) In one applicable transaction, the related Schedule AL Filefor a given month was not saved properly resulting in the prior month'sSchedule AL File being submitted for the given month instead of the correctSchedule AL File. 

The identified instances did not involve the servicing ofassets included in this securitization.

Steps Taken to Remedy the Material Instance of Noncompliance

Midland’s Schedule AL reporting process was enhanced in Aprilof 2019, however, the process remained manual throughout the 2019 calendaryear.  Errors relating to certain Schedule AL Files during 2019 wereidentified during the related audit.  Following identification, Midlandmade staffing changes and additional enhancements and improvements to itsprocesses and procedures to support its Schedule AL reporting obligations andexpects to move to an automated solution for this process.  

Midland is currently remediating the Schedule AL reportingfor certain of the CMBS transactions found to be incorrect.

**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             Poolingand Servicing Agreement, dated as of September 1, 2011, by and among J.P.Morgan Chase Commercial Mortgage Securities Corp., as Depositor, Midland LoanServices, a Division of PNC Bank, National Association, as Master Servicer,Torchlight Loan Services, LLC, as Special Servicer, Wells Fargo Bank, NationalAssociation, as Trustee and Paying Agent, and Pentalpha Surveillance LLC, asSenior Trust Advisor (filed as Exhibit 4 to the registrant’s Amendment No. 1 toAnnual Report on Form 10-K/A filed on July 27, 2012 under Commission File No.333-165147-01 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        Midland Loan Services, aDivision of PNC Bank, National Association, as Master Servicer

33.2        Torchlight Loan Services,LLC, as Special Servicer

33.3        Wells Fargo Bank, NationalAssociation, as Trustee and Paying Agent

33.4        Wells Fargo Bank, NationalAssociation, as Custodian

33.5        Pentalpha SurveillanceLLC, as Senior Trust Advisor

33.6        KeyBank NationalAssociation (f/k/a KeyCorp Real Estate Capital Markets, Inc.), as PrimaryServicer

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

34.1        Midland Loan Services, aDivision of PNC Bank, National Association, as Master Servicer

34.2        Torchlight Loan Services,LLC, as Special Servicer

34.3        Wells Fargo Bank, NationalAssociation, as Trustee and Paying Agent

34.4        Wells Fargo Bank, NationalAssociation, as Custodian

34.5        Pentalpha SurveillanceLLC, as Senior Trust Advisor

34.6        KeyBank NationalAssociation (f/k/a KeyCorp Real Estate Capital Markets, Inc.), as PrimaryServicer

35           Servicer compliance statements.

35.1        Midland Loan Services, aDivision of PNC Bank, National Association, as Master Servicer

35.2        Torchlight Loan Services,LLC, as Special Servicer

35.3        Wells Fargo Bank, NationalAssociation, as Paying Agent

35.4        KeyBank NationalAssociation (f/k/a KeyCorp Real Estate Capital Markets, Inc.), as PrimaryServicer

99.1        MortgageLoan Purchase Agreement, dated as of September 29, 2011, between J.P. MorganChase Commercial Mortgage Securities Corp., as Purchaser, and JPMorgan ChaseBank, National Association, as Seller (filed as Exhibit 99.1 to theregistrant’s Amendment No. 1 to Annual Report on Form 10-K/A filed on July 27,2012 under Commission File No. 333-165147-01 and incorporated by referenceherein)

99.2        SubservicingAgreement, dated as of September 1, 2011, between Midland Loan Services, aDivision of PNC Bank, National Association, as Master Servicer, and KeyCorpReal Estate Capital Markets, Inc., as Subservicer (filed as Exhibit 99.2 to theregistrant’s Amendment No. 1 to Annual Report on Form 10-K/A filed on July 27,2012 under Commission File No. 333-165147-01 and incorporated by referenceherein)

(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.

J.P. Morgan Chase CommercialMortgage Securities Corp.(Depositor)

/s/ KunalK. Singh

Kunal K. Singh,President and Chief Executive Officer

(senior officer in charge ofsecuritization of the depositor)

Date: March 23, 2020