(logo) PARK BRIDGE LENDERSERVICES LLC

 

 

February 2, 2017

 

 

RE:     Management’s Report on Assessment of 2016 Compliance by 

           Park Bridge Lender Services LLC with Regulation AB Servicing Criteria

 

 

Park Bridge Lender ServicesLLC (the “Asserting Party”) is responsible for assessing itscompliance, as of and for the period ended December 31, 2016, withthe servicing criteria set forth in Title 17, Section 229.1122(d) of theCode of Federal Regulations.

 

The transactions covered by thisassertion are those transactions processed by the Asserting Party in itscapacity as trust or operating advisor for the asset-backed securitiestransactions listed in Exhibit A attached hereto (the“Platform”).

 

The Asserting Party isresponsible for assessing its compliance with the servicing criteria applicableto it. The Asserting Party used the criteria in paragraph (d) of Item 1122 ofRegulation AB (17 C.F.R. 229.1122) to assess its compliance. The full outlineof the Asserting Party’s contractually applicable servicing criteriaunder various securitization pooling and servicing agreements can be found in ExhibitB attached hereto.

 

Based on its assessment, theAsserting Party believes that, as of and for the periods the contractualobligations existed in the calendar year ending December 31, 2016, theAsserting Party has complied in all material respects with the servicingcriteria set forth in Item 1122(d) of Regulation AB relating to its trust oroperating advisor role with respect to the Platform, except for the servicingcriteria set forth in **1122(d)(1)(i-v), 1122(d)(2)(i-vii), 1122(d)(3)(ii-iv),1122(d)(4)(i-vi) and 1122(d)(4)(viii-xv),**which the Asserting Party hasdetermined as being inapplicable to the activities it performs with respect tothe Platform (the “Applicable Servicing Criteria”).

 

Curcio& Cohen,CPA’s, P.C., an independent registered public accounting firm, has issuedan attestation report on the assessment of compliance with the ApplicableServicing Criteria for the reporting period as set forth in this assertion.

 

Signed:

/s/ David M. Rodgers

David M. Rodgers

Principal

 

 

**600 THIRD AVENUE, 40THFLOOR, NEW YORK, NY 10016**

**WWW.PARKBRIDGEFINANCIAL.COM**

 

 

| **Exhibit A**                                   |
|-------------------------------------------------|
|                                            |   |   |   |   |
| **Asserting Party's 2016 Servicing   Platform** |
|                                            |   |   |   |   |
|                                            |   | **Applicable Certification Period** |
| **Securitization   Transaction**                | **Start Date** |   | **End Date** |
| COMM 2012-LC4                                   |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2012-CCRE2                                 |   | January 01, 2016 | to | December 31, 2016 |
| UBS-B 2012-C3                                   |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2012-CCRE4                                 |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2012-CCRE5                                 |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2013-LC6                                   |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2013-CCRE6                                 |   | January 01, 2016 | to | December 31, 2016 |
| JPMCC 2013-C10                                  |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2013-CCRE7                                 |   | January 01, 2016 | to | December 31, 2016 |
| UBSBB 2013-C6                                   |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2013-CCRE8                                 |   | January 01, 2016 | to | December 31, 2016 |
| MSBAM 2013-C10                                  |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2013-CCRE9                                 |   | January 01, 2016 | to | December 31, 2016 |
| WFCM 2013-LC12                                  |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2013-CCRE10                                |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2013-LC13                                  |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2013-CCRE11                                |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2013-CCRE12                                |   | January 01, 2016 | to | December 31, 2016 |
| WFRBS 2013-UBS1                                 |   | January 01, 2016 | to | December 31, 2016 |
| GSMS 2014-GC18                                  |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2014-CCRE14                                |   | January 01, 2016 | to | December 31, 2016 |
| MSBAM 2014-C14                                  |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2014-CCRE15                                |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2014-UBS2                                  |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2014-CCRE16                                |   | January 01, 2016 | to | December 31, 2016 |
| CGCMT 2014-GC21                                 |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2014-CCRE17                                |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2014-UBS3                                  |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2014-UBS4                                  |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2014-CCRE19                                |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2014-LC17                                  |   | January 01, 2016 | to | December 31, 2016 |
| MSBAM 2014-C18                                  |   | January 01, 2016 | to | December 31, 2016 |
| CGCMT 2014-GC25                                 |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2014-CCRE20                                |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2014-CCRE21                                |   | January 01, 2016 | to | December 31, 2016 |
| MSBAM 2014-C19                                  |   | January 01, 2016 | to | December 31, 2016 |
| WFCM 2014-LC18                                  |   | January 01, 2016 | to | December 31, 2016 |
| CGCMT 2015-GC27                                 |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2015-LC19                                  |   | January 01, 2016 | to | December 31, 2016 |
| MSBAM 2015-C20                                  |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2015-DC1                                   |   | January 01, 2016 | to | December 31, 2016 |
| CSAIL 2015-C1                                   |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2015-CCRE22                                |   | January 01, 2016 | to | December 31, 2016 |
| MSBAM 2015-C22                                  |   | January 01, 2016 | to | December 31, 2016 |
| CSAIL 2015-C2                                   |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2015-LC21                                  |   | January 01, 2016 | to | December 31, 2016 |
| MSC 2015-MS1                                    |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2015-PC1                                   |   | January 01, 2016 | to | December 31, 2016 |
| GSMS 2015-GC32                                  |   | January 01, 2016 | to | December 31, 2016 |
| MSBAM 2015-C24                                  |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2015-CCRE24                                |   | January 01, 2016 | to | December 31, 2016 |
| CGCMT 2015-P1                                   |   | January 01, 2016 | to | December 31, 2016 |
| WFCM 2015-LC22                                  |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2015-CCRE26                                |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2015-CCRE27                                |   | January 01, 2016 | to | December 31, 2016 |
| MSBAM 2015-C26                                  |   | January 01, 2016 | to | December 31, 2016 |
| COMM 2015-LC23                                  |   | January 01, 2016 | to | December 31, 2016 |
| CGCMT 2015-GC35                                 |   | January 01, 2016 | to | December 31, 2016 |
| CFCRE 2016-C3                                   |   | January 28, 2016 | to | December 31, 2016 |
| COMM 2016-CCRE28                                |   | February 10, 2016 | to | December 31, 2016 |
| MSBAM 2016-C28                                  |   | February 25, 2016 | to | December 31, 2016 |
| WFCM 2016-NXS5                                  |   | February 26, 2016 | to | December 31, 2016 |
| MSCI 2016-UBS9                                  |   | March 08, 2016 | to | December 31, 2016 |
| COMM 2016-DC2                                   |   | March 16, 2016 | to | December 31, 2016 |
| WFCM 2016-C33                                   |   | March 31, 2016 | to | December 31, 2016 |
| CGCMT 2016-P3                                   |   | April 13, 2016 | to | December 31, 2016 |
| DBJPM 2016-C1                                   |   | April 19, 2016 | to | December 31, 2016 |
| CGCMT 2016-GC37                                 |   | April 26, 2016 | to | December 31, 2016 |
| MSBAM 2016-C29                                  |   | May 05, 2016 | to | December 31, 2016 |
| CFCRE 2016-C4                                   |   | May 18, 2016 | to | December 31, 2016 |
| CSAIL 2016-C6                                   |   | May 26, 2016 | to | December 31, 2016 |
| CGCMT 2016-C1                                   |   | June 01, 2016 | to | December 31, 2016 |
| BACM 2016-UBS10                                 |   | June 07, 2016 | to | December 31, 2016 |
| SGCMS 2016-C5                                   |   | July 19, 2016 | to | December 31, 2016 |
| CGCMT 2016-P4                                   |   | July 29, 2016 | to | December 31, 2016 |
| DBJPM 2016-C3                                   |   | August 11, 2016 | to | December 31, 2016 |
| WFCM 2016-BNK1                                  |   | August 18, 2016 | to | December 31, 2016 |
| CD 2016-CD1                                     |   | August 25, 2016 | to | December 31, 2016 |
| MSCI 2016-UBS11                                 |   | August 25, 2016 | to | December 31, 2016 |
| MSBAM 2016-C30                                  |   | September 29, 2016 | to | December 31, 2016 |
| CGCMT 2016-P5                                   |   | October 18, 2016 | to | December 31, 2016 |
| COMM 2016-COR1                                  |   | October 20, 2016 | to | December 31, 2016 |
| COMM 2016-667M                                  |   | October 26, 2016 | to | December 31, 2016 |
| WFCM 2016-C36                                   |   | November 03, 2016 | to | December 31, 2016 |
| MSBAM 2016-C31                                  |   | November 14, 2016 | to | December 31, 2016 |
| CFCRE 2016-C6                                   |   | November 22, 2016 | to | December 31, 2016 |
| MSC 2016-BNK2                                   |   | November 22, 2016 | to | December 31, 2016 |
| CSAIL 2016-C7                                   |   | November 22, 2016 | to | December 31, 2016 |
| GSMS 2016-GS4                                   |   | November 30, 2016 | to | December 31, 2016 |
| MSC 2016-UBS12                                  |   | December 07, 2016 | to | December 31, 2016 |
| CD 2016-CD2                                     |   | December 08, 2016 | to | December 31, 2016 |
| CGCMT 2016-P6                                   |   | December 15, 2016 | to | December 31, 2016 |
| MSBAM 2016-C32                                  |   | December 21, 2016 | to | December 31, 2016 |
| CFCRE 2016-C7                                   |   | December 21, 2016 | to | December 31, 2016 |
| CSMC 2016-NXSR                                  |   | December 22, 2016 | to | December 31, 2016 |

 

 

**Exhibit B**

 

**RegulationAB Section 229.1122(d) Servicing Criteria**

| **Regulation**

**AB Reference** |  

**Servicing Criterion**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | **Performed by****Park Bridge****1** | **Not Applicable to****Park Bridge****2** |
|----------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------|-------------------------------------------|
| 1122(d)(1)(i)                    | Policies and procedures are instituted  to monitor any performance or other triggers and events of default in  accordance with the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |                                 |  

**X**                             |
| 1122(d)(1)(ii)                   | If any material servicing  activities are outsourced to third parties, policies and procedures are  instituted to monitor the third party's performance and compliance with such  servicing activities.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                                 |  

**X**                             |
| 1122(d)(1)(iii)                  | Any requirements in the  transaction agreements to maintain a back-up servicer for the pool assets are  maintained.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |                                 | **X**                                     |
| 1122(d)(1)(iv)                   | A fidelity bond and errors  and omissions policy is in effect on the party participating in the servicing  function throughout the reporting period in the amount of coverage required  by and otherwise in accordance with the terms of the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                   |                                 |  

**X**                             |
| 1122(d)(1)(v)                    | Aggregation of information,  as applicable, is mathematically accurate and the information conveyed  accurately reflects the information.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                 | **X**                                     |
| 1122(d)(2)(i)                    | Payments on pool assets are  deposited into the appropriate custodial bank accounts and related bank  clearing accounts no more than two business days of receipt, or such other  number of days specified in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                 |  

**X**                             |
| 1122(d)(2)(ii)                   | Disbursements made via wire  transfer on behalf of an obligor or to an investor are made only by  authorized personnel.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |                                 | **X**                                     |
| 1122(d)(2)(iii)                  | Advances of funds or  guarantees regarding collections, cash flows or distributions, and any  interest or other fees charged for such advances, are made, reviewed and  approved as specified in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |                                 |  

**X**                             |
| 1122(d)(2)(iv)                   | The related accounts for the  transaction, such as cash reserve accounts or accounts established as a form  of overcollateralization, are separately maintained (e.g., with respect to  commingling of  cash) as set forth in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                         |                                 |  

**X**                             |
| 1122(d)(2)(v)                    | Each custodial account is  maintained at a federally insured depository institution as set forth in the  transaction agreements.  For purposes of this criterion,  “federally insured depository institution” with respect to a  foreign financial institution means a  foreign financial institution  that meets the requirements of §240.13k-1 (b)(1) of this chapter.                                                                                                                                                                                                                                                                                                                    |                                 |  

**X**                             |
| 1122(d)(2)(vi)                   | Unissued checks are  safeguarded so as to prevent unauthorized access.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |                                 | **X**                                     |
| 1122(d)(2)(vii)                  | Reconciliations are prepared  on a monthly basis for all asset-backed securities-related bank accounts,  including custodial accounts and related bank clearing accounts. These  reconciliations: (A) are mathematically accurate; (B) are prepared within 30  calendar days after the bank statement cutoff date, or such other number of  days specified in the transaction agreements; (C) are reviewed and approved  by someone other than the person who prepared the reconciliation; and (D)  Contain explanations for reconciling items. These reconciling items are  resolved within 90 calendar days of their original identification, or such  other number of days specified in the transaction agreements. |                                 |  

**X**                             |
| 1122(d)(3)(i)(A)                 | Reports to investors,  including those to be filed with the Commission, are maintained in accordance  with the transaction agreements and applicable Commission requirements.  Specifically, such reports are prepared in accordance with timeframes and  other terms set forth in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                         |  

**X**                        |                                      |
| 1122(d)(3)(i)(B)                 | Reports to investors,  including those to be filed with the Commission, are maintained in accordance  with the transaction agreements and applicable Commission requirements.  Specifically, such reports provide information calculated in accordance with  the terms specified in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                        |  

**X**                        |                                      |
| 1122(d)(3)(i)(C)                 | Reports to investors,  including those to be filed with the Commission, are maintained in accordance  with the transaction agreements and applicable Commission requirements.  Specifically, such reports are filed with the Commission as required by its  rules and regulations.                                                                                                                                                                                                                                                                                                                                                                                                                                     |  

**X**3                       |  

**X4**                            |
| 1122(d)(3)(i)(D)                 | Reports to investors,  including those to be filed with the Commission, are maintained in accordance  with the transaction agreements and applicable Commission requirements. Specifically,  such reports agree with investors’ or the trustee's records as to the  total unpaid principal balance and number of pool assets serviced by the  servicer.                                                                                                                                                                                                                                                                                                                                                          |  

**X**3                       |  

**X**4                            |
| 1122(d)(3)(ii)                   | Amounts due to investors are  allocated and remitted in accordance with timeframes, distribution priority  and other terms set forth in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |                                 |  

**X**                             |
| 1122(d)(3)(iii)                  | Disbursements made to an investor are posted within two business days  to the servicer's investor records, or such other number of days specified in  the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |                                 |  

**X**                             |
| 1122(d)(3)(iv)                   | Amounts remitted to  investors per the investor reports agree with cancelled checks, or other form  of payment, or custodial bank statements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |                                 |  

**X**                             |
| 1122(d)(4)(i)                    | Collateral or security on  pool assets is maintained as required by the transaction agreements or  related pool asset documents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |                                 |  

**X**                             |
| 1122(d)(4)(ii)                   | Pool assets and related documents  are safeguarded as required by the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |                                 | **X**                                     |
| 1122(d)(4)(iii)                  | Any additions, removals or  substitutions to the asset pool are made, reviewed and approved in accordance  with any conditions or requirements in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |                                 |  

**X**                             |
| 1122(d)(4)(iv)                   | Payments on pool assets,  including any payoffs, made in accordance with the related pool asset  documents are posted to the applicable servicer's obligor records maintained no  more than two business days after receipt, or such other number of days  specified in the transaction agreements, and allocated to principal, interest  or other items (e.g., escrow) in accordance with the related pool asset  documents.                                                                                                                                                                                                                                                                                          |                                 |  

**X**                             |
| 1122(d)(4)(v)                    | The servicer's records  regarding the pool assets agree with the servicer's records with respect to  an obligor's unpaid principal balance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |                                 |  

**X**                             |
| 1122(d)(4)(vi)                   | Changes with respect to the terms or status of an obligor's pool asset  (e.g., loan modifications or re-agings) are made, reviewed and approved by  authorized personnel in accordance with the transaction agreements and  related pool asset documents.                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                 |  

**X**                             |
| 1122(d)(4)(vii)                  | Loss mitigation or recovery actions  (e.g., forbearance plans, modifications and deeds in lieu of foreclosure,  foreclosures and repossessions, as applicable) are initiated, conducted and  concluded in accordance with the timeframes or other requirements established  by the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                             |  

**X**                        |                                      |
| 1122(d)(4)(viii)                 | Records documenting  collection efforts are maintained during the period a pool asset is  delinquent in accordance with the transaction agreements. Such records are maintained  on at least a monthly basis, or such other period specified in the  transaction agreements, and describe the entity's activities in monitoring  delinquent pool assets including, for example, phone calls, letters and  payment rescheduling plans in cases where delinquency is deemed temporary  (e.g., illness or unemployment).                                                                                                                                                                                                  |                                 |  

**X**                             |
| 1122(d)(4)(ix)                   | Adjustments to interest  rates or rates of return for pool assets with variable rates are computed  based on the related pool asset documents.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |                                 |  

**X**                             |
| 1122(d)(4)(x)                    | Regarding any funds held in  trust for an obligor (such as escrow  accounts): (A) such funds are  analyzed, in accordance with the obligor's pool asset documents, on at least an  annual basis, or such other period specified in the transaction  agreements;  (B) interest on such funds is paid, or credited, to  obligors in accordance with applicable pool asset documents and state laws;  and (C) such funds were returned to the obligor within 30 calendar days of  full repayment of the related pool asset, or such other number of days  specified in the transaction agreements.                                                                                                              |                                 |  

**X**                             |
| 1122(d)(4)(xi)                   | Payments made on behalf of  an obligor (such as tax or insurance payments) are made on or before the  related penalty or expiration dates, as indicated on the appropriate bills or  notices for such payments, provided that such support has been received by  the servicer at least 30 calendar days prior to these dates, or such other  number of days specified in the transaction agreements.                                                                                                                                                                                                                                                                                                                   |                                 |  

**X**                             |
| 1122(d)(4)(xii)                  | Any late payment penalties  in connection with any payment to be made on behalf of an obligor are paid  from the servicer's funds and not charged to the obligor, unless the late payment  was due to the obligor's error or omission.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |                                 |  

**X**                             |
| 1122(d)(4)(xiii)                 | Disbursements made on behalf  of an obligor are posted within two business days to the obligor's records  maintained by the servicer, or such other number of days specified in the  transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |                                 |  

**X**                             |
| 1122(d)(4)(xiv)                  | Delinquencies, charge-offs  and uncollectible accounts are recognized and recorded in accordance with the  transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                                 |  

**X**                             |
| 1122(d)(4)(xv)                   | Any external enhancement or other  support, identified in Item 1114(a)(1) through (3) or Item 1115 of this  Regulation AB, is maintained as set forth in the transaction agreements.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |                                 |  

**X**                             |

 

1    The criteria in the column “Performed by ParkBridge” and marked with an “X” are applicable for theTransactions unless otherwise noted; however, there were no specially servicedloans under the related Transactions during the reporting period. Therefore, notrust/operating advisor actions were required.

 

2    The criteria in the column“Not Applicable to Park Bridge” and marked with an “X”were not within the scope of the Asserting Party’s duties in theTransactions. 

 

3    Applicable only to the Transactions listed in Table 2below.

 

4    Not applicable to Transactions other than theTransactions listed in Table 2 below.

 

**Table 2**

| COMM 2012-LC4    |
|------------------|
| COMM 2012 CCRE2  |
| COMM 2012 CCRE4  |
| COMM 2012-CCRE5  |
| COMM 2013-CCRE7  |
| COMM 2013-CCRE9  |
| COMM 2013-LC6    |
| COMM 2013-LC13   |
| COMM 2013-CCRE11 |