UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 Washington, D.C. 20549

 FORM 10-K

 (Mark One)

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

 For the fiscal year ended December 31, 2024

or

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

 For the transition period from _____ to _____

Commission file number of the issuing entity: 333-193376-18

 Central Index Key Number of the issuing entity:
0001640052

 COMM 2015-CCRE23 Mortgage Trust

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

 Central Index Key Number of the depositor: 0001013454

 Deutsche Mortgage & Asset
Receiving Corporation

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

 Central Index Key Number of the sponsor: 0001541294

 German American Capital Corporation

 Central Index Key Number of the sponsor: 0001558761

 Cantor Commercial Real Estate
Lending, L.P.

 Central Index Key Number of the sponsor: 0001541468

 Ladder Capital Finance LLC

 Central Index Key Number of the sponsor: 0001555524

 LoanCore Capital Markets LLC

 (formerly known as
Jefferies LoanCore LLC)

 Central Index Key Number of the sponsor: 0001660492

 GE Capital US Holdings, Inc.

 (formerly known as
General Electric Capital Corporation)

 New York

 (State or other jurisdiction of

 incorporation or organization of

 the issuing entity)

 38-3968510

 38-3968511

 38-7135369

 (I.R.S. Employer

 Identification Numbers)

c/o Computershare Trust Company, National Association, as agent for

 Wells Fargo Bank, National Association

 as Certificate Administrator

 9062 Old Annapolis Road

 Columbia, MD

 (Address of principal
executive offices of the issuing entity)

 21045

 (Zip Code)

 Registrant's telephone number,
including area code:

 (212) 250-2500

 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 the
Act: None.

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

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

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

 Indicate by check mark whether the registrant has submitted
electronically every Interactive Data File required to be submitted pursuant to
Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the
preceding 12 months (or for such shorter period that the registrant was
required to submit such files).

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

 Large accelerated
filer o
Accelerated
filer
o

 Non-accelerated
filer

Smaller reporting
company
o

Emerging growth
company
o

 If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to
Section 13(a) of the Exchange Act. o

 Indicate by check mark whether the registrant has filed a
report on and attestation to its management's assessment of the effectiveness
of its internal control over financial reporting under Section 404(b) of the
Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm
that prepared or issued its audit report. o

 If securities are registered pursuant to Section 12(b) of the
Act, indicate by check mark whether the financial statements of the registrant
included in the filing reflect the correction of an error to previously issued
financial statements. o

 Indicate by check mark whether any of those error corrections
are restatements that required a recovery analysis of incentive-based
compensation received by any of the registrant's executive officers during the
relevant recovery period pursuant to §240.10D-1(b). o

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

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

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

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

 DOCUMENTS INCORPORATED BY REFERENCE

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

 EXPLANATORY NOTES

 The 9200 & 9220 Sunset Mortgage Loan and
the 3 Columbus Circle Mortgage Loan, which constituted approximately 8.8% and
6.6%, respectively, of the asset pool of the issuing entity as of its cut-off
date, are each an asset of the issuing entity and are each part of a loan
combination that includes (a) with respect to the 9200 & 9220 Sunset
Mortgage Loan which is an asset of the issuing entity and one other pari
passu loan, which is not an asset of the issuing entity and (b) with
respect to the 3 Columbus Circle Mortgage Loan which is an asset of the issuing
entity and five other pari passu loans, which are not assets of the
issuing entity. These loan combinations, including the 9200 & 9220 Sunset
Mortgage Loan and the 3 Columbus Circle Mortgage Loan, are being serviced and
administered pursuant to the Pooling and Servicing Agreement, which is
incorporated by reference as Exhibit 4.1 to this Annual Report on Form 10-K.

 The Exhibit Index describes
exhibits provided by certain parties (in their capacities indicated on the
Exhibit Index) with respect to the Walgreens Portfolio Mortgage Loan, which
constituted approximately 1.2% of the asset pool of the issuing entity as of
its cut-off date. The Walgreens Portfolio Mortgage Loan is an asset of
the issuing entity and is part of a loan combination that includes the
Walgreens Portfolio Mortgage Loan and two other pari passu loans, which
are not assets of the issuing entity. A pari passu portion of the loan
combination was securitized in the Wells Fargo Commercial Mortgage Trust
2015-LC20 transaction, Commission File Number 333-195164-06 (the " WFCMT
2015-LC20 Transaction "). This loan combination, including the Walgreens
Portfolio Mortgage Loan, is being serviced and administered pursuant to the
pooling and servicing agreement for the WFCMT 2015-LC20 Transaction, which is
incorporated by reference as Exhibit 4.2 to this Annual Report on Form 10-K.

 The Exhibit Index describes
exhibits provided by certain parties (in their capacities indicated on the
Exhibit Index) with respect to the La Gran Plaza Mortgage Loan, which
constituted approximately 1.9% of the asset pool of the issuing entity as of
its cut-off date. The La Gran Plaza Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the La Gran
Plaza Mortgage Loan and two other pari passu loans, which are not assets
of the issuing entity. This loan combination, including the La Gran Plaza
Mortgage Loan, was serviced under the Pooling and Servicing Agreement for the
issuing entity prior to the closing of the securitization of a pari passu
portion of the La Gran Plaza loan combination in the COMM 2015-CCRE24 Mortgage
Trust transaction, Commission File Number 333-193376-21 (the " COMM
2015-CCRE24 Transaction "). After the closing of the COMM 2015-CCRE24
Transaction on August 6, 2015, this loan combination, including the La Gran
Plaza Mortgage Loan was, and will continue to be, serviced and administered
pursuant to the pooling and servicing agreement with respect to the COMM
2015-CCRE24 Transaction, which is incorporated by reference as Exhibit 4.3 to
this Annual Report on Form 10-K.

 The master servicer of a pooling
and servicing agreement or trust and servicing agreement also functions as the
primary servicer of the related mortgage loans serviced and administered
pursuant to such agreement unless a separate primary servicer is identified
herein. If this report does not identify a separate primary servicer, the
servicer compliance statement provided by the master servicer under any such
agreement also encompasses its responsibilities as primary servicer of the
related mortgage loan or mortgage loans.

 Wells Fargo Bank, National
Association is the certificate administrator of the mortgage loans serviced
under the Pooling and Servicing Agreement and the primary servicer of the 3
Columbus Circle Mortgage Loan, the La Gran Plaza Mortgage Loan and the Walgreens
Portfolio Mortgage Loan. As a result, Wells Fargo Bank, National Association is
a "servicer" as defined in Item 1108(a)(2)(iii) of Regulation AB, in the
capacities described above, because it is servicing mortgage loans that
constituted 10% or more of the assets of the issuing entity as of its cut-off
date. The assessments of compliance with applicable servicing criteria,
accountants' attestation reports and servicer compliance statements delivered
by Wells Fargo Bank, National Association in the capacities described above are
listed in the Exhibit Index.

 Wells Fargo Bank, National
Association is the custodian of the mortgage loans serviced under the Pooling
and Servicing Agreement, the La Gran Plaza Mortgage Loan and the Walgreens
Portfolio Mortgage Loan. As a result, Wells Fargo Bank, National Association
is a servicing function participant in the capacities described above, because
it is servicing mortgage loans that constituted 5% or more of the assets of the
issuing entity as of its cut-off date. The assessments of compliance with
applicable servicing criteria and accountants' attestation reports delivered by
Wells Fargo Bank, National Association in the capacities described above are
listed in the Exhibit Index.

 Berkeley Point Capital LLC d/b/a
Newmark is an affiliate of Cantor Commercial Real Estate Lending L.P., one of
the sponsors. Therefore, the Depositor included in this Annual Report on
Form 10-K a servicer compliance statement for Berkeley Point Capital LLC d/b/a
Newmark pursuant to Item 1123. Because Berkeley Point Capital LLC d/b/a
Newmark is servicing less than 5% of the pool assets, an assessment of
compliance with applicable servicing criteria and an accountants' attestation
report pursuant to Item 1122 of Regulation AB are not required by Regulation
AB. As the attestation made in the servicer compliance statement required
by Item 1123 relates to a review of the servicing activities of Berkeley Point
Capital LLC d/b/a Newmark under the applicable servicing agreement, and that
review was conducted in conjunction with the servicer's preparation of its
assessment of compliance with applicable servicing criteria, that assessment of
compliance with applicable servicing criteria and the accompanying accountants'
attestation report are included in this Annual Report on Form 10-K for the sake
of completeness.

 Wilmington Trust, National
Association acts as trustee of the mortgage loans serviced under the
Pooling and Servicing Agreement, the Walgreens Portfolio Mortgage Loan and the
La Gran Plaza Mortgage Loan. Pursuant to the Pooling and Servicing Agreement,
the pooling and servicing agreement for the WFCMT 2015-LC20 Transaction and the
pooling and servicing agreement for the COMM 2015-CCRE24 Transaction, the
trustee is required to provide an assessment of compliance with applicable
servicing criteria solely with respect to Item 1122(d)(2)(iii) of Regulation AB
(regarding 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).
However, during the reporting period, the trustee did not perform any servicing
function with respect to the servicing criteria specified in Item
1122(d)(2)(iii) of Regulation AB. The master servicer or the special
servicer, to the extent required, performed the servicing function identified
with respect to Item 1122(d)(2)(iii) of Regulation AB, and each such party
included Item 1122(d)(2)(iii) of Regulation AB in the assessment of compliance
with applicable servicing criteria and accountant's attestation report for the
subject transaction. As a result, this Annual Report on Form 10-K does
not include an assessment of compliance with applicable servicing criteria of
the trustee. One or more other servicers of the mortgage loans serviced
under the Pooling and Servicing Agreement, the Walgreens Portfolio Mortgage
Loan and the La Gran Plaza Mortgage Loan have delivered one or more assessments
of compliance with respect to Item 1122(d)(2)(iii) of Regulation AB.

 This Annual Report on Form 10-K
includes assessments of compliance with applicable servicing criteria and
accountants' attestation reports from CoreLogic Solutions, LLC. This
entity was engaged by the primary servicer of the 3 Columbus Circle Mortgage
Loan, the Walgreens Portfolio Mortgage Loan and the La Gran Plaza Mortgage Loan
to remit tax payments received from the escrow accounts of borrowers to local
taxing authorities, to report tax amounts due, to verify tax parcel
information, and to verify non-escrow tax payments. These servicing functions
are included within the servicing criteria set forth in Item 1122(d)(4)(xi) of
Regulation AB. Therefore, under the principles-based definition of
"servicer" set forth in Item 1101(j) of Regulation AB that looks to the
functions that an entity performs, this vendor is a "servicer" for the purposes
of Item 1122 of Regulation AB. See Compliance and Disclosure
Interpretations, Section 301.01 (Item 1101(j)).

 This Annual
Report on Form 10-K includes an assessment of compliance with applicable
servicing criteria, accountants' attestation report and servicer compliance
statement from Computershare Trust Company, National Association (" CTCNA ").
CTCNA was engaged by Wells Fargo Bank, National Association (" Wells Fargo "),
in its capacity as certificate administrator and custodian, to perform certain
specified servicing functions identified in the assessment of compliance with
applicable servicing criteria and accountants' attestation reports. Wells
Fargo engaged CTCNA in connection with the sale of Wells Fargo's corporate
trust services business to CTCNA and its affiliates. Further, under the
principles-based definition of "servicer" set forth in Item 1101(j) of
Regulation AB that looks to the functions that an entity performs, this party
is a "servicer" for the purposes of Item 1123 of Regulation AB. See
Compliance and Disclosure Interpretations, Section 301.01 (Item 1101(j)).

 The assessments of compliance with
applicable servicing criteria, accountants' attestation reports and servicer
compliance statements of the certificate administrator of the Walgreens
Portfolio Mortgage Loan and the La Gran Plaza Mortgage Loan are omitted from
this Annual Report on Form 10-K as the certificate administrator pursuant to
the related pooling and servicing agreement or trust and servicing agreement
does not perform any activities that address servicing criteria with respect to
the issuing entity and because they are each not a "servicer" that meets the
criteria in Item 1108(a)(2)(i) through (iii) of Regulation AB.

 With respect
to the pari passu loan combinations that include the Walgreens Portfolio
Mortgage Loan and the La Gran Plaza Mortgage Loan, (i) the reports on
assessment of compliance with servicing criteria and attestation reports on
assessment of compliance with servicing criteria of Rialto Capital Advisors,
LLC as special servicer of the Walgreens Portfolio Mortgage Loan, BellOak, LLC,
as trust advisor of the Walgreens Portfolio Mortgage Loan, LNR Partners, LLC as
special servicer of the La Gran Plaza Mortgage Loan and Park Bridge Lender
Services LLC as operating advisor of the La Gran Plaza Mortgage Loan, listed on
the Exhibit Index are omitted from this Annual Report on Form 10-K as they are
not required to be included on this Annual Report on Form 10-K per Instruction
3 to Item 1122 of Regulation AB because they are parties performing activities
that address servicing criteria relating to 5% or less of the assets of the
issuing entity; and (ii) the servicer compliance statements of Rialto Capital
Advisors, LLC as special servicer of the Walgreens Portfolio Mortgage Loan and
LNR Partners, LLC as special servicer of the La Gran Plaza Mortgage Loan,
listed on the Exhibit Index are omitted from this Annual Report on Form 10-K as
they are not required by Item 1123 of Regulation AB to be included on this
Annual Report on Form 10-K because they are each an unaffiliated party that is
not a "servicer" that meets the criteria in Item 1108(a)(2)(i) through (iii) of
Regulation AB.

 Item 1. Business.

 Item 1A. Risk Factors.

 Item 1B. Unresolved Staff Comments.

 None.

 Item 1C. Cybersecurity.

 Item 2. Properties.

 Item 3. Legal Proceedings.

 Item 4. Mine Safety Disclosures.

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

 Item 6.

 [Reserved].

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

 Item 7A. Quantitative and Qualitative Disclosures
About Market Risk.

 Item 8. Financial Statements and Supplementary Data.

 Item 9. Changes in and Disagreements With
Accountants on Accounting and Financial Disclosure.

 Item 9A. Controls and Procedures.

 Item 9B. Other Information.

 None.

 Item 9C. Disclosure Regarding Foreign Jurisdictions
that Prevent Inspections.

 None.

 Item 10. Directors, Executive Officers and Corporate
Governance.

 Item 11. Executive Compensation.

 Item 12. Security Ownership of Certain Beneficial
Owners and Management and Related Stockholder Matters.

 Item 13. Certain Relationships and Related
Transactions, and Director Independence.

 Item 14. Principal Accountant Fees and Services.

 ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB

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

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

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

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

 Item 1115(b) of Regulation AB, Certain Derivatives
Instruments (Financial Information).

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

 Item 1117 of Regulation AB, Legal Proceedings.

 The registrant knows of no material pending legal proceeding
involving the trust or any party related to the trust, other than routine
litigation incidental to the duties of those respective parties, and the
following, with respect to Wells Fargo Bank, National Association, as
certificate administrator and custodian.

 In December 2014, Phoenix Light SF Limited (Phoenix Light)
and certain related entities filed a complaint in the United States District
Court for the Southern District of New York alleging claims against Wells Fargo
Bank, N.A., in its capacity as trustee for a number of residential
mortgage-backed securities (RMBS) trusts. Complaints raising similar
allegations have been filed by Commerzbank AG in the Southern District of New
York, IKB International and IKB Deutsche Industriebank (together, IKB) in New York
state court, and Park Royal I LLC and Park Royal II LLC in New York state
court. In each case, the plaintiffs allege that Wells Fargo Bank, N.A., as
trustee, caused losses to investors, and plaintiffs assert causes of action
based upon, among other things, the trustee's alleged failure to notify and
enforce repurchase obligations of mortgage loan sellers for purported breaches
of representations and warranties, notify investors of alleged events of
default, and abide by appropriate standards of care following alleged events of
default. In July 2022, the district court dismissed Phoenix Light's claims and
certain of the claims asserted by Commerzbank AG, and subsequently entered
judgment in each case in favor of Wells Fargo Bank, N.A. In August 2022, Phoenix
Light and Commerzbank AG each appealed the district court's decision to the
United States Court of Appeals for the Second Circuit. Phoenix Light dismissed
its appeal in May 2023, terminating its case. In October 2024, the Second
Circuit denied Commerzbank AG's appeal. In November 2023, Wells Fargo Bank,
N.A. entered into an agreement with IKB to resolve IKB's claims. Wells Fargo
Bank, N.A. previously settled two class actions filed by institutional
investors and an action filed by the National Credit Union Administration with
similar allegations.

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

 The information regarding this Item has been previously
provided in a prospectus supplement of the Registrant relating to the issuing
entity filed on May 15, 2015 pursuant to Rule 424(b)(5).

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

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

 The reports on assessments of compliance with the servicing
criteria for asset-backed securities and related attestation reports on such
assessments of compliance with respect to the Walgreens Portfolio Mortgage
Loan, which is being serviced and administered pursuant to the pooling and
servicing agreement for the WFCMT 2015-LC20 Transaction, are attached hereto
under Item 15 to this Annual Report on Form 10-K. Attached as Schedule III to
the pooling and servicing agreement for the WFCMT 2015-LC20 Transaction
incorporated by reference as Exhibit 4.2 to this Annual Report on Form 10-K is
a chart identifying the entities participating in a servicing function for the
WFCMT 2015-LC20 Transaction responsible for each applicable servicing criteria
set forth in Item 1122(d).

 The reports on assessments of compliance with the servicing
criteria for asset-backed securities and related attestation reports on such
assessments of compliance with respect to the La Gran Plaza Mortgage Loan,
which is being serviced and administered pursuant to the pooling and servicing
agreement for the COMM 2015-CCRE24 Transaction, are attached hereto under Item
15 to this Annual Report on Form 10-K. Attached as Schedule II to the pooling
and servicing agreement for the COMM 2015-CCRE24 Transaction incorporated by
reference as Exhibit 4.3 to this Annual Report on Form 10-K is a chart
identifying the entities participating in a servicing function for the COMM
2015-CCRE24 Transaction responsible for each applicable servicing criteria set
forth in Item 1122(d).

 Item 1123 of Regulation AB, Servicer Compliance Statement.

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

 Item 15. Exhibits and Financial Statement Schedules.

 (a) The following is a list of documents filed as part of
this Annual Report on Form 10-K:

 (1) Not applicable

 (2) Not applicable

 (3) See below

 4.1
 Pooling and Servicing Agreement, dated as of May 1, 2015,
by and among Deutsche Mortgage & Asset Receiving Corporation, as Depositor,
Midland Loan Services, a Division of PNC Bank, National Association, as Master
Servicer, CWCapital Asset Management LLC, as Special Servicer, Wilmington
Trust, National Association, as Trustee, Wells Fargo Bank, National
Association, as Certificate Administrator, Paying Agent and Custodian, and
Pentalpha Surveillance LLC, as Operating Advisor (filed as Exhibit 4 to the
registrant's Current Report on Form 8-K/A filed on May 28, 2015 under
Commission File No. 333-193376-18 and incorporated by reference herein).

 4.2
 Pooling and Servicing Agreement, dated as of March 1,
2015, by and among Wells Fargo Commercial Mortgage Securities, Inc., as
Depositor, Wells Fargo Bank, National Association, as Master Servicer, Rialto
Capital Advisors, LLC, as Special Servicer, TriMont Real Estate Advisors, Inc.,
as Trust Advisor, Wells Fargo Bank, National Association, as Certificate
Administrator, as Tax Administrator and as Custodian, and Wilmington Trust,
National Association, as Trustee (filed as Exhibit 99.7 to the registrant's Current
Report on Form 8-K/A filed on May 28, 2015 under Commission File No.
333-193376-18 and incorporated by reference herein).

 4.3
 Pooling and Servicing Agreement, dated as of August 1,
2015, by and among Deutsche Mortgage & Asset Receiving Corporation, as
Depositor, Wells Fargo Bank, National Association, as Master Servicer, LNR
Partners, LLC, as Special Servicer, Wilmington Trust, National Association, as
Trustee, Wells Fargo Bank, National Association, as Certificate Administrator,
Paying Agent and Custodian, and Park Bridge Lender Services LLC, as Operating
Advisor (filed as Exhibit 99.1 to the registrant's Current Report on Form 8-K
filed on February 17, 2016 under Commission File No. 333-193376-18 and
incorporated by reference herein).

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

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

 33.1
National Association, as Master Servicer

 33.2

 33.3
Wilmington Trust, National Association, as Trustee (Omitted. See Explanatory
Notes.)

 33.4
Certificate Administrator

 33.5
Custodian

 33.6
 Pentalpha Surveillance LLC, as Operating Advisor

 33.7
 Berkeley Point Capital LLC d/b/a Newmark, as
Primary Servicer

 33.8
as Servicing Function Participant for the Certificate Administrator

 33.9
as Servicing Function Participant for the Custodian

 33.10
National Association, as Primary Servicer of the 9200 & 9220 Sunset
Mortgage Loan (see Exhibit 33.1)

 33.11
of the 9200 & 9220 Sunset Mortgage Loan (see Exhibit 33.2)

 33.12
Wilmington Trust, National Association, as Trustee of the 9200 & 9220
Sunset Mortgage Loan (Omitted. See Explanatory Notes.)

 33.13
Custodian of the 9200 & 9220 Sunset Mortgage Loan (see Exhibit 33.5)

 33.14
 Pentalpha Surveillance LLC, as Operating Advisor of
the 9200 & 9220 Sunset Mortgage Loan (see Exhibit 33.6)

 33.15
as Servicing Function Participant for the Custodian (see Exhibit 33.9)

 33.16
National Association, as Primary Servicer of the 3 Columbus Circle Mortgage
Loan (see Exhibit 33.1)

 33.17
Servicer of the 3 Columbus Circle Mortgage Loan

 33.18
of the 3 Columbus Circle Mortgage Loan (see Exhibit 33.2)

 33.19
Wilmington Trust, National Association, as Trustee of the 3 Columbus Circle

 33.20
Custodian of the 3 Columbus Circle Mortgage Loan (see Exhibit 33.5)

 33.21
 Pentalpha Surveillance LLC, as Operating Advisor of
the 3 Columbus Circle Mortgage Loan (see Exhibit 33.6)

 33.22
Participant of the 3 Columbus Circle Mortgage Loan

 33.23
as Servicing Function Participant for the Custodian (see Exhibit 33.9)

 33.24
Servicer of the Walgreens Portfolio Mortgage Loan (see Exhibit 33.17)

 33.25
Rialto Capital Advisors, LLC, as Special Servicer of the Walgreens Portfolio

 33.26
Wilmington Trust, National Association, as Trustee of the Walgreens Portfolio

 33.27
Custodian of the Walgreens Portfolio Mortgage Loan (see Exhibit 33.5)

 33.28
BellOak, LLC, as Trust Advisor of the Walgreens Portfolio Mortgage Loan

 33.29
Participant of the Walgreens Portfolio Mortgage Loan (see Exhibit 33.22)

 33.30
as Servicing Function Participant for the Custodian (see Exhibit 33.9)

 33.31
Servicer of the La Gran Plaza Mortgage Loan (see Exhibit 33.17)

 33.32
LNR Partners, LLC, as Special Servicer of the La Gran Plaza Mortgage Loan

 33.33
Wilmington Trust, National Association, as Trustee of the La Gran Plaza

 33.34
Custodian of the La Gran Plaza Mortgage Loan (see Exhibit 33.5)

 33.35
Park Bridge Lender Services LLC, as Operating Advisor of the La Gran Plaza

 33.36
Participant of the La Gran Plaza Mortgage Loan (see Exhibit 33.22)

 33.37
as Servicing Function Participant for the Custodian (see Exhibit 33.9)

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

 34.1
National Association, as Master Servicer

 34.2

 34.3
Wilmington Trust, National Association, as Trustee (Omitted. See Explanatory
Notes.)

 34.4
Certificate Administrator

 34.5
Custodian

 34.6
 Pentalpha Surveillance LLC, as Operating Advisor

 34.7
 Berkeley Point Capital LLC d/b/a Newmark, as
Primary Servicer

 34.8
as Servicing Function Participant for the Certificate Administrator

 34.9
as Servicing Function Participant for the Custodian

 34.10
National Association, as Primary Servicer of the 9200 & 9220 Sunset
Mortgage Loan (see Exhibit 34.1)

 34.11
of the 9200 & 9220 Sunset Mortgage Loan (see Exhibit 34.2)

 34.12
Wilmington Trust, National Association, as Trustee of the 9200 & 9220
Sunset Mortgage Loan (Omitted. See Explanatory Notes.)

 34.13
Custodian of the 9200 & 9220 Sunset Mortgage Loan (see Exhibit 34.5)

 34.14
 Pentalpha Surveillance LLC, as Operating Advisor of
the 9200 & 9220 Sunset Mortgage Loan (see Exhibit 34.6)

 34.15
as Servicing Function Participant for the Custodian (see Exhibit 34.9)

 34.16
National Association, as Primary Servicer of the 3 Columbus Circle Mortgage
Loan (see Exhibit 34.1)

 34.17
Servicer of the 3 Columbus Circle Mortgage Loan

 34.18
of the 3 Columbus Circle Mortgage Loan (see Exhibit 34.2)

 34.19
Wilmington Trust, National Association, as Trustee of the 3 Columbus Circle

 34.20
Custodian of the 3 Columbus Circle Mortgage Loan (see Exhibit 34.5)

 34.21
 Pentalpha Surveillance LLC, as Operating Advisor of
the 3 Columbus Circle Mortgage Loan (see Exhibit 34.6)

 34.22
Participant of the 3 Columbus Circle Mortgage Loan

 34.23
as Servicing Function Participant for the Custodian (see Exhibit 34.9)

 34.24
Servicer of the Walgreens Portfolio Mortgage Loan (see Exhibit 34.17)

 34.25
Rialto Capital Advisors, LLC, as Special Servicer of the Walgreens Portfolio

 34.26
Wilmington Trust, National Association, as Trustee of the Walgreens Portfolio

 34.27
Custodian of the Walgreens Portfolio Mortgage Loan (see Exhibit 34.5)

 34.28
BellOak, LLC, as Trust Advisor of the Walgreens Portfolio Mortgage Loan

 34.29
Participant of the Walgreens Portfolio Mortgage Loan (see Exhibit 34.22)

 34.30
as Servicing Function Participant for the Custodian (see Exhibit 34.9)

 34.31
Servicer of the La Gran Plaza Mortgage Loan (see Exhibit 34.17)

 34.32
LNR Partners, LLC, as Special Servicer of the La Gran Plaza Mortgage Loan

 34.33
Wilmington Trust, National Association, as Trustee of the La Gran Plaza

 34.34
Custodian of the La Gran Plaza Mortgage Loan (see Exhibit 34.5)

 34.35
Park Bridge Lender Services LLC, as Operating Advisor of the La Gran Plaza

 34.36
Participant of the La Gran Plaza Mortgage Loan (see Exhibit 34.22)

 34.37
 Computershare Trust Company, National Association, as
Servicing Function Participant for the Custodian (see Exhibit 34.9)

Servicer compliance statements.

 35.1
National Association, as Master Servicer

 35.2

 35.3
Certificate Administrator

 35.4
 Berkeley Point Capital LLC d/b/a Newmark, as
Primary Servicer

 35.5
as Servicing Function Participant for the Certificate Administrator

 35.6
National Association, as Primary Servicer of the 9200 & 9220 Sunset
Mortgage Loan (see Exhibit 35.1)

 35.7
of the 9200 & 9220 Sunset Mortgage Loan (see Exhibit 35.2)

 35.8
National Association, as Primary Servicer of the 3 Columbus Circle Mortgage
Loan (see Exhibit 35.1)

 35.9
Servicer of the 3 Columbus Circle Mortgage Loan

 35.10
of the 3 Columbus Circle Mortgage Loan (see Exhibit 35.2)

 35.11
Servicer of the Walgreens Portfolio Mortgage Loan (see Exhibit 35.9)

 35.12
Rialto Capital Advisors, LLC, as Special Servicer of the Walgreens Portfolio

 35.13
Servicer of the La Gran Plaza Mortgage Loan (see Exhibit 35.9)

 35.14
LNR Partners, LLC, as Special Servicer of the La Gran Plaza Mortgage Loan

 99.1 Mortgage Loan Purchase Agreement, dated as of May 15,
2015, between Deutsche Mortgage & Asset Receiving Corporation and German
American Capital Corporation (filed as Exhibit 99.1 to the registrant's Current
Report on Form 8-K/A filed on May 28, 2015 under Commission File No.
333-193376-18 and incorporated by reference herein)

 99.2 Mortgage Loan Purchase Agreement, dated as of May 15,
2015, between Deutsche Mortgage & Asset Receiving Corporation and Cantor
Commercial Real Estate Lending, L.P. (filed as Exhibit 99.2 to the registrant's
Current Report on Form 8-K/A filed on May 28, 2015 under Commission File No.
333-193376-18 and incorporated by reference herein)

 99.3 Mortgage Loan Purchase Agreement, dated as of May 15,
2015, among Deutsche Mortgage & Asset Receiving Corporation, Ladder Capital
Finance LLC, Ladder Capital Finance Holdings LLLP, Series TRS of Ladder Capital
Finance Holdings LLLP and Series REIT of Ladder Capital Finance Holdings LLLP
(filed as Exhibit 99.3 to the registrant's Current Report on Form 8-K/A filed
on May 28, 2015 under Commission File No. 333-193376-18 and incorporated by
reference herein)

 99.4 Mortgage Loan Purchase Agreement, dated as of May 15,
2015, between Deutsche Mortgage & Asset Receiving Corporation and Jefferies
LoanCore LLC (filed as Exhibit 99.4 to the registrant's Current Report on Form
8-K/A filed on May 28, 2015 under Commission File No. 333-193376-18 and
incorporated by reference herein)

 99.5 Mortgage Loan Purchase Agreement, dated as of May 15,
2015, between Deutsche Mortgage & Asset Receiving Corporation and General
Electric Capital Corporation (filed as Exhibit 99.5 to the registrant's Current
Report on Form 8-K/A filed on May 28, 2015 under Commission File No.
333-193376-18 and incorporated by reference herein)

 99.6 Primary Servicing Agreement, dated as of May 1, 2015,
between Midland Loan Services, a Division of PNC Bank, National Association and
Berkeley Point Capital LLC (filed as Exhibit 99.6 to the registrant's Current
Report on Form 8-K/A filed on May 28, 2015 under Commission File No.
333-193376-18 and incorporated by reference herein)

 (b) The exhibits required to be filed by the Registrant
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 the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.

 Deutsche Mortgage & Asset
Receiving Corporation

(Depositor)

 /s/ Helaine M. Kaplan

 Helaine M.
Kaplan, President

 (senior officer in charge of
securitization of the depositor)

 Date: March 11, 2025

 /s/ Matt Smith

 Matt Smith, Director

 Date: March 11, 2025


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 Washington, D.C. 20549

 FORM 10-K

 (Mark One)

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

 For the fiscal year ended December 31, 2024

or

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

 For the transition period from _____ to _____

Commission file number of the issuing entity: 333-195164-06

 Central Index Key Number of the issuing entity:
0001635569

 Wells Fargo Commercial Mortgage
Trust 2015-LC20

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

 Central Index Key Number of the depositor: 0000850779

 Wells Fargo Commercial Mortgage
Securities, Inc.

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

 Central Index Key Number of the sponsor: 0000740906

 Wells Fargo Bank, National
Association

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

 Central Index Key Number of the sponsor: 0001541468

 Ladder Capital Finance LLC

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

 Central Index Key Number of the sponsor: 0001624053

 Argentic Real Estate Finance LLC

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

 (formerly known as
Silverpeak Real Estate Finance LLC)

 New York

 (State or other jurisdiction of

 incorporation or organization of

 the issuing entity)

 38-3955461

 38-3955462

 38-3955463

 38-7135324

 (I.R.S. Employer

 Identification Numbers)

c/o Computershare Trust Company, National Association, as agent for

 Wells Fargo Bank, National Association

 as Certificate Administrator

 9062 Old Annapolis Road

 Columbia, MD

 (Address of principal
executive offices of the issuing entity)

 21045

 (Zip Code)

 Registrant's telephone number,
including area code:

 (704) 374-6161

 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 the
Act: None.

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

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

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

 Indicate by check mark whether the registrant has submitted
electronically every Interactive Data File required to be submitted pursuant to
Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the
preceding 12 months (or for such shorter period that the registrant was
required to submit such files).

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

 Large accelerated
filer o
Accelerated
filer
o

 Non-accelerated
filer

Smaller reporting
company
o

Emerging growth
company
o

 If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to
Section 13(a) of the Exchange Act. o

 Indicate by check mark whether the registrant has filed a
report on and attestation to its management's assessment of the effectiveness
of its internal control over financial reporting under Section 404(b) of the
Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm
that prepared or issued its audit report. o

 If securities are registered pursuant to Section 12(b) of the
Act, indicate by check mark whether the financial statements of the registrant
included in the filing reflect the correction of an error to previously issued
financial statements. o

 Indicate by check mark whether any of those error corrections
are restatements that required a recovery analysis of incentive-based
compensation received by any of the registrant's executive officers during the
relevant recovery period pursuant to §240.10D-1(b). o

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

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

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

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

 DOCUMENTS INCORPORATED BY REFERENCE

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

 EXPLANATORY NOTES

 The Walgreens Portfolio Mortgage Loan, which
constituted approximately 7.7% of the asset pool of the issuing entity as of
its cut-off date, is an asset of the issuing entity and is part of a loan
combination that includes the Walgreens Portfolio Mortgage Loan and two other pari
passu loans, which are not assets of the issuing entity. This loan
combination, including the Walgreens Portfolio Mortgage Loan, is being serviced
and administered pursuant to the Pooling and Servicing Agreement, which is
incorporated by reference as Exhibit 4.1 to this Annual Report on Form 10-K.

 The Exhibit Index describes
exhibits provided by certain parties (in their capacities indicated on the Exhibit
Index) with respect to the 3 Columbus Circle Mortgage Loan, which constituted
approximately 9.0% of the asset pool of the issuing entity as of its cut-off
date. The 3 Columbus Circle Mortgage Loan is an asset of the issuing
entity and is part of a loan combination that includes the 3 Columbus Circle
Mortgage Loan and five other pari passu loans, which are not assets of
the issuing entity. This loan combination, including the 3 Columbus Circle
Mortgage Loan, was serviced under the pooling and servicing agreement for the
COMM 2015-CCRE22 Mortgage Trust transaction, Commission File Number
333-193376-17 prior to the closing of the securitization of a pari passu
portion of the 3 Columbus Circle loan combination in the COMM 2015-CCRE23
Mortgage Trust transaction, Commission File Number 333-193376-18 (the " COMM
2015-CCRE23 Transaction "). After the closing of the COMM 2015-CCRE23
Transaction, this loan combination, including the 3 Columbus Circle Mortgage
Loan, was and will continue to be serviced and administered pursuant to the
pooling and servicing agreement for the COMM 2015-CCRE23 Transaction, which is
incorporated by reference as Exhibit 4.2 to this Annual Report on Form 10-K.

 The master servicer of a pooling
and servicing agreement or trust and servicing agreement also functions as the
primary servicer of the related mortgage loans serviced and administered
pursuant to such agreement unless a separate primary servicer is identified
herein. If this report does not identify a separate primary servicer, the
servicer compliance statement provided by the master servicer under any such
agreement also encompasses its responsibilities as primary servicer of the
related mortgage loan or mortgage loans.

 Wilmington Trust, National
Association acts as trustee of the mortgage loans serviced under the Pooling
and Servicing Agreement and the 3 Columbus Circle Mortgage Loan. Pursuant
to the Pooling and Servicing Agreement and the pooling and servicing agreement
for the COMM 2015-CCRE23 Transaction, the trustee is required to provide an
assessment of compliance with applicable servicing criteria solely with respect
to Item 1122(d)(2)(iii) of Regulation AB (regarding 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). However, during the reporting period,
the trustee did not perform any servicing function with respect to the
servicing criteria specified in Item 1122(d)(2)(iii) of Regulation AB.
The master servicer or the special servicer, to the extent required, performed
the servicing function identified with respect to Item 1122(d)(2)(iii) of Regulation
AB, and each such party included Item 1122(d)(2)(iii) of Regulation AB in the
assessment of compliance with applicable servicing criteria and accountants'
attestation report for the subject transaction. As a result, this Annual
Report on Form 10-K does not include an assessment of compliance with
applicable servicing criteria of the trustee. One or more other servicers of
the mortgage loans serviced under the Pooling and Servicing Agreement and the 3
Columbus Circle Mortgage Loan have delivered one or more assessments of
compliance with respect to Item 1122(d)(2)(iii) of Regulation AB.

 This Annual Report on Form 10-K
includes assessments of compliance with applicable servicing criteria and
accountants' attestation reports from CoreLogic Solutions, LLC. This
entity was engaged by the master servicer under the Pooling and Servicing
Agreement and the primary servicer of the 3 Columbus Circle Mortgage Loan to
remit tax payments received from the escrow accounts of borrowers to local
taxing authorities, to report tax amounts due, to verify tax parcel
information, and to verify non-escrow tax payments. These servicing functions
are included within the servicing criteria set forth in Item 1122(d)(4)(xi) of
Regulation AB. Therefore, under the principles-based definition of
"servicer" set forth in Item 1101(j) of Regulation AB that looks to the
functions that an entity performs, this vendor is a "servicer" for the purposes
of Item 1122 of Regulation AB. See Compliance and Disclosure
Interpretations, Section 301.01 (Item 1101(j)).

 This Annual Report on Form 10-K
includes an assessment of compliance with applicable servicing criteria,
accountants' attestation report and servicer compliance statement from
Computershare Trust Company, National Association (" CTCNA "). CTCNA
was engaged by Wells Fargo Bank, National Association (" Wells Fargo "),
in its capacity as certificate administrator and custodian, to perform certain
specified servicing functions identified in the assessment of compliance with
applicable servicing criteria and accountants' attestation reports. Wells
Fargo engaged CTCNA in connection with the sale of Wells Fargo's corporate
trust services business to CTCNA and its affiliates. Further, under the
principles-based definition of "servicer" set forth in Item 1101(j) of
Regulation AB that looks to the functions that an entity performs, this party
is a "servicer" for the purposes of Item 1123 of Regulation AB. See
Compliance and Disclosure Interpretations, Section 301.01 (Item 1101(j)).

 The assessment of compliance
with applicable servicing criteria, accountants' attestation report and
servicer compliance statement of the certificate administrator of the 3
Columbus Circle Mortgage Loan listed on the Exhibit Index is omitted from this
Annual Report on Form 10-K as the certificate administrator pursuant to the
related pooling and servicing agreement or trust and servicing agreement does
not perform any activities that address servicing criteria with respect to the
issuing entity and because it is not a "servicer" that meets the criteria in
Item 1108(a)(2)(i) through (iii) of Regulation AB.

 With respect to the pari passu
loan combination that includes the 3 Columbus Circle Mortgage Loan, the
servicer compliance statements of Midland Loan Services, a Division of PNC
Bank, National Association as primary servicer of the 3 Columbus Circle
Mortgage Loan and Mount Street US (Georgia) LLP as special servicer of the 3
Columbus Circle Mortgage Loan, listed on the Exhibit Index are omitted from
this Annual Report on Form 10-K as they are not required by Item 1123 of
Regulation AB to be included on this Annual Report on Form 10-K because they
are each an unaffiliated party that is not a "servicer" that meets the criteria
in Item 1108(a)(2)(i) through (iii) of Regulation AB.

 Item 1. Business.

 Item 1A. Risk Factors.

 Item 1B. Unresolved Staff Comments.

 None.

 Item 1C. Cybersecurity.

 Item 2. Properties.

 Item 3. Legal Proceedings.

 Item 4. Mine Safety Disclosures.

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

 Item 6.

 [Reserved].

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

 Item 7A. Quantitative and Qualitative Disclosures
About Market Risk.

 Item 8. Financial Statements and Supplementary Data.

 Item 9. Changes in and Disagreements With
Accountants on Accounting and Financial Disclosure.

 Item 9A. Controls and Procedures.

 Item 9B. Other Information.

 None.

 Item 9C. Disclosure Regarding Foreign Jurisdictions
that Prevent Inspections.

 None.

 Item 10. Directors, Executive Officers and Corporate
Governance.

 Item 11. Executive Compensation.

 Item 12. Security Ownership of Certain Beneficial
Owners and Management and Related Stockholder Matters.

 Item 13. Certain Relationships and Related
Transactions, and Director Independence.

 Item 14. Principal Accountant Fees and Services.

 ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB

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

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

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

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

 Item 1115(b) of Regulation AB, Certain Derivatives
Instruments (Financial Information).

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

 Item 1117 of Regulation AB, Legal Proceedings.

 The registrant knows of no material pending legal proceeding
involving the trust or any party related to the trust, other than routine
litigation incidental to the duties of those respective parties, and the
following, with respect to Wells Fargo Bank, National Association, as
certificate administrator and custodian.

 In December 2014, Phoenix Light SF Limited (Phoenix Light)
and certain related entities filed a complaint in the United States District
Court for the Southern District of New York alleging claims against Wells Fargo
Bank, N.A., in its capacity as trustee for a number of residential
mortgage-backed securities (RMBS) trusts. Complaints raising similar
allegations have been filed by Commerzbank AG in the Southern District of New
York, IKB International and IKB Deutsche Industriebank (together, IKB) in New York
state court, and Park Royal I LLC and Park Royal II LLC in New York state
court. In each case, the plaintiffs allege that Wells Fargo Bank, N.A., as
trustee, caused losses to investors, and plaintiffs assert causes of action
based upon, among other things, the trustee's alleged failure to notify and
enforce repurchase obligations of mortgage loan sellers for purported breaches
of representations and warranties, notify investors of alleged events of
default, and abide by appropriate standards of care following alleged events of
default. In July 2022, the district court dismissed Phoenix Light's claims and
certain of the claims asserted by Commerzbank AG, and subsequently entered
judgment in each case in favor of Wells Fargo Bank, N.A. In August 2022, Phoenix
Light and Commerzbank AG each appealed the district court's decision to the
United States Court of Appeals for the Second Circuit. Phoenix Light dismissed
its appeal in May 2023, terminating its case. In October 2024, the Second
Circuit denied Commerzbank AG's appeal. In November 2023, Wells Fargo Bank,
N.A. entered into an agreement with IKB to resolve IKB's claims. Wells Fargo
Bank, N.A. previously settled two class actions filed by institutional
investors and an action filed by the National Credit Union Administration with
similar allegations.

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

 The information regarding this Item has been previously
provided in a prospectus supplement of the Registrant relating to the issuing
entity filed on March 31, 2015 pursuant to Rule 424(b)(5).

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

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

 The reports on assessments of compliance with the servicing
criteria for asset-backed securities and related attestation reports on such
assessments of compliance with respect to the 3 Columbus Circle Mortgage Loan,
which is being serviced and administered pursuant to the pooling and servicing
agreement for the COMM 2015-CCRE23 Transaction, are attached hereto under Item
15 to this Annual Report on Form 10-K. Attached as Schedule II to the pooling
and servicing agreement for the COMM 2015-CCRE23 Transaction incorporated by
reference as Exhibit 4.2 to this Annual Report on Form 10-K is a chart
identifying the entities participating in a servicing function for the COMM
2015-CCRE23 Transaction responsible for each applicable servicing criteria set
forth in Item 1122(d).

 Item 1123 of Regulation AB, Servicer Compliance Statement.

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

 Item 15. Exhibits and Financial Statement Schedules.

 (a) The following is a list of documents filed as part of
this Annual Report on Form 10-K:

 (1) Not applicable

 (2) Not applicable

 (3) See below

 4.1
 Pooling
and Servicing Agreement, dated as of March 1, 2015, by and among Wells Fargo
Commercial Mortgage Securities, Inc., as Depositor, Wells Fargo Bank, National
Association, as Master Servicer, Rialto Capital Advisors, LLC, as Special
Servicer, Trimont Real Estate Advisors, Inc., as Trust Advisor, Wells Fargo
Bank, National Association, as Certificate Administrator, as Tax Administrator
and as Custodian, and Wilmington Trust, National Association, as Trustee (filed
as Exhibit 4.1 to the registrant's Current Report on Form 8-K/A filed on May
22, 2015 under Commission File No. 333-195164-06 and incorporated by reference
herein).

 4.2
 Pooling
and Servicing Agreement, dated as of May 1, 2015, by and among Deutsche
Mortgage & Asset Receiving Corporation, as Depositor, Midland Loan
Services, a Division of PNC Bank, National Association, as Master Servicer,
CWCapital Asset Management LLC, as Special Servicer, Wilmington Trust, National
Association, as Trustee, Wells Fargo Bank, National Association, as Certificate
Administrator, Paying Agent and Custodian, and Pentalpha Surveillance LLC, as
Operating Advisor (filed as Exhibit 99.5 to the registrant's Current Report on
Form 8-K/A filed on June 29, 2015 under Commission File No. 333-195164-06 and
incorporated by reference herein).

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

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

 33.1
 Wells Fargo Bank, National Association, as Master
Servicer

 33.2

 33.3
Wilmington Trust, National Association, as Trustee (Omitted. See Explanatory
Notes.)

 33.4
Certificate Administrator

 33.5
Custodian

 33.6
 BellOak, LLC, as Trust Advisor

 33.7
Participant

 33.8
as Servicing Function Participant for the Certificate Administrator

 33.9
as Servicing Function Participant for the Custodian

 33.10
Servicer of the Walgreens Portfolio Mortgage Loan (see Exhibit 33.1)

 33.11
of the Walgreens Portfolio Mortgage Loan (see Exhibit 33.2)

 33.12
Wilmington Trust, National Association, as Trustee of the Walgreens Portfolio

 33.13
Custodian of the Walgreens Portfolio Mortgage Loan (see Exhibit 33.5)

 33.14
 BellOak, LLC, as Trust Advisor of the Walgreens
Portfolio Mortgage Loan (see Exhibit 33.6)

 33.15
Participant of the Walgreens Portfolio Mortgage Loan (see Exhibit 33.7)

 33.16
as Servicing Function Participant for the Custodian (see Exhibit 33.9)

 33.17
 Midland Loan Services, a Division of PNC Bank,
National Association, as Primary Servicer of the 3 Columbus Circle Mortgage
Loan

 33.18
Servicer of the 3 Columbus Circle Mortgage Loan (see Exhibit 33.1)

 33.19
 Mount Street US (Georgia) LLP, as Special Servicer
of the 3 Columbus Circle Mortgage Loan

 33.20
Wilmington Trust, National Association, as Trustee of the 3 Columbus Circle

 33.21
Custodian of the 3 Columbus Circle Mortgage Loan (see Exhibit 33.5)

 33.22
 Pentalpha Surveillance LLC, as Operating Advisor
of the 3 Columbus Circle Mortgage Loan

 33.23
Participant of the 3 Columbus Circle Mortgage Loan (see Exhibit 33.7)

 33.24
as Servicing Function Participant for the Custodian (see Exhibit 33.9)

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

 34.1
 Wells Fargo Bank, National Association, as Master
Servicer

 34.2

 34.3
Wilmington Trust, National Association, as Trustee (Omitted. See Explanatory
Notes.)

 34.4
Certificate Administrator

 34.5
Custodian

 34.6
 BellOak, LLC, as Trust Advisor

 34.7
Participant

 34.8
as Servicing Function Participant for the Certificate Administrator

 34.9
as Servicing Function Participant for the Custodian

 34.10
Servicer of the Walgreens Portfolio Mortgage Loan (see Exhibit 34.1)

 34.11
of the Walgreens Portfolio Mortgage Loan (see Exhibit 34.2)

 34.12
Wilmington Trust, National Association, as Trustee of the Walgreens Portfolio

 34.13
Custodian of the Walgreens Portfolio Mortgage Loan (see Exhibit 34.5)

 34.14
 BellOak, LLC, as Trust Advisor of the Walgreens
Portfolio Mortgage Loan (see Exhibit 34.6)

 34.15
Participant of the Walgreens Portfolio Mortgage Loan (see Exhibit 34.7)

 34.16
as Servicing Function Participant for the Custodian (see Exhibit 34.9)

 34.17
 Midland Loan Services, a Division of PNC Bank,
National Association, as Primary Servicer of the 3 Columbus Circle Mortgage
Loan

 34.18
Servicer of the 3 Columbus Circle Mortgage Loan (see Exhibit 34.1)

 34.19
 Mount Street US (Georgia) LLP, as Special Servicer
of the 3 Columbus Circle Mortgage Loan

 34.20
Wilmington Trust, National Association, as Trustee of the 3 Columbus Circle

 34.21
Custodian of the 3 Columbus Circle Mortgage Loan (see Exhibit 34.5)

 34.22
 Pentalpha Surveillance LLC, as Operating Advisor
of the 3 Columbus Circle Mortgage Loan

 34.23
Participant of the 3 Columbus Circle Mortgage Loan (see Exhibit 34.7)

 34.24
as Servicing Function Participant for the Custodian (see Exhibit 34.9)

Servicer compliance statements.

 35.1
 Wells Fargo Bank, National Association, as Master
Servicer

 35.2

 35.3
Certificate Administrator

 35.4
as Servicing Function Participant for the Certificate Administrator

 35.5
Servicer of the Walgreens Portfolio Mortgage Loan (see Exhibit 35.1)

 35.6
of the Walgreens Portfolio Mortgage Loan (see Exhibit 35.2)

 35.7
Midland Loan Services, a Division of PNC Bank, National Association, as Primary
Servicer of the 3 Columbus Circle Mortgage Loan (Omitted.
See Explanatory Notes.)

 35.8
Servicer of the 3 Columbus Circle Mortgage Loan (see Exhibit 35.1)

 35.9
Mount Street US (Georgia) LLP, as Special Servicer of the 3 Columbus Circle

 99.1
 Mortgage
Loan Purchase Agreement, dated as of March 25, 2015, between Wells Fargo
Commercial Mortgage Securities, Inc. and Wells Fargo Bank, National Association
(filed as Exhibit 99.2 to the registrant's Current Report on Form 8-K/A filed
on May 22, 2015 under Commission File No. 333-195164-06 and incorporated by
reference herein)

 99.2
 Mortgage
Loan Purchase Agreement, dated as of March 25, 2015, among Wells Fargo
Commercial Mortgage Securities, Inc., Ladder Capital Finance LLC, Ladder
Capital Finance Holdings LLLP, Series REIT of Ladder Capital Finance Holdings
LLLP, and Series TRS of Ladder Capital Finance Holdings LLLP (filed as Exhibit
99.1 to the registrant's Current Report on Form 8-K/A filed on May 22, 2015
under Commission File No. 333-195164-06 and incorporated by reference herein)

 99.3
 Mortgage
Loan Purchase Agreement, dated as of March 25, 2015, between Wells Fargo
Commercial Mortgage Securities, Inc. and Silverpeak Real Estate Finance LLC
(filed as Exhibit 99.3 to the registrant's Current Report on Form 8-K/A filed
on May 22, 2015 under Commission File No. 333-195164-06 and incorporated by
reference herein)

 (b) The exhibits required to be filed by the
Registrant 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 the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.

 Wells Fargo Commercial Mortgage
Securities, Inc.

(Depositor)

 /s/ Anthony
Sfarra

 Anthony
Sfarra, President

 (senior officer in charge of
securitization of the depositor)

 Date: March 11, 2025