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: 333-206677-25

 Central Index Key Number of the issuing entity:
0001741690

 Wells Fargo Commercial Mortgage
Trust 2018-C45

 (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: 0000312070

 Barclays Bank PLC

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

 Central Index Key Number of the sponsor: 0001592182

 LMF Commercial, LLC

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

 (formerly known as Rialto
Mortgage Finance, LLC)

 Central Index Key Number of the sponsor: 0001541214

 C-III Commercial Mortgage LLC

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

 New York

 (State or other jurisdiction of

 incorporation or organization of

 the issuing entity)

 38-4083243

 38-4083244

 38-7206191

 (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 Exhibit Index describes
exhibits provided by certain parties (in their capacities indicated on the
Exhibit Index) with respect to the Village at Leesburg Mortgage Loan, which
constituted approximately 9.9% of the asset pool of the issuing entity as of
its cut-off date. The Village at Leesburg Mortgage Loan is an asset of
the issuing entity and is part of a loan combination that includes the Village
at Leesburg Mortgage Loan and one other pari passu loan, which is not an
asset of the issuing entity. The other pari passu portion of the loan
combination was securitized in the Wells Fargo Commercial Mortgage Trust
2018-C44 transaction, Commission File Number 333-206677-24 (the " WFCM
2018-C44 Transaction "). This loan combination, including the Village at
Leesburg Mortgage Loan, is being serviced and administered pursuant to the
pooling and servicing agreement for the WFCM 2018-C44 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 CoolSprings Galleria Mortgage Loan, which
constituted approximately 3.0% of the asset pool of the issuing entity as of
its cut-off date. The CoolSprings Galleria Mortgage Loan is an asset of
the issuing entity and is part of a loan combination that includes the
CoolSprings Galleria Mortgage Loan and three other pari passu loans,
which are not assets of the issuing entity. A pari passu portion of the loan
combination was securitized in the BANK 2018-BNK12 transaction, Commission File
Number 333-206847-09 (the " BANK 2018-BNK12 Transaction "). This loan
combination, including the CoolSprings Galleria Mortgage Loan, is being
serviced and administered pursuant to the pooling and servicing agreement for
the BANK 2018-BNK12 Transaction, which is incorporated by reference as Exhibit
4.3 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 181 Fremont Street Mortgage Loan, which
constituted approximately 3.0% of the asset pool of the issuing entity as of
its cut-off date. The 181 Fremont Street Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the 181 Fremont
Street Mortgage Loan and six other pari passu loans, which are not
assets of the issuing entity. A pari passu portion of the loan
combination was securitized in the Benchmark 2018-B4 Mortgage Trust
transaction, Commission File Number 333-206705-14 (the " Benchmark 2018-B4
Transaction "). This loan combination, including the 181 Fremont Street
Mortgage Loan, is being serviced and administered pursuant to the pooling and
servicing agreement for the Benchmark 2018-B4 Transaction, which is
incorporated by reference as Exhibit 4.4 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 master servicer and certificate administrator of the
mortgage loans serviced under the Pooling and Servicing Agreement and the
primary servicer of the Village at Leesburg Mortgage Loan, the 181 Fremont
Street Mortgage Loan and the CoolSprings Galleria 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 Village at Leesburg Mortgage Loan, the 181 Fremont
Street Mortgage Loan and the CoolSprings Galleria 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.

 Park Bridge Lender Services LLC is
the operating advisor of the mortgage loans serviced under the Pooling and
Servicing Agreement, the 181 Fremont Street Mortgage Loan and the CoolSprings
Galleria Mortgage Loan. As a result, Park Bridge Lender Services LLC is a
servicing function participant in the capacities described above, because it is
servicing mortgage loans that constituted 5% or more of the assets of the
issuing entity as of its cut-off date. The assessments of compliance with
applicable servicing criteria and accountants' attestation reports delivered by
Park Bridge Lender Services LLC in the capacities described above are listed in
the Exhibit Index.

 Wilmington Trust, National
Association acts as trustee of the mortgage loans serviced under the Pooling
and Servicing Agreement, the Village at Leesburg Mortgage Loan, the CoolSprings
Galleria Mortgage Loan and the 181 Fremont Street Mortgage Loan. Pursuant
to the Pooling and Servicing Agreement, the pooling and servicing agreement for
the WFCM 2018-C44 Transaction, the pooling and servicing agreement for the BANK
2018-BNK12 Transaction and the pooling and servicing agreement for the
Benchmark 2018-B4 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
Village at Leesburg Mortgage Loan, the CoolSprings Galleria Mortgage Loan and
the 181 Fremont Street 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 Village at Leesburg Mortgage Loan,
the CoolSprings Galleria Mortgage Loan and the 181 Fremont Street 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 Village at
Leesburg Mortgage Loan, the CoolSprings Galleria Mortgage Loan and the 181
Fremont Street 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 Village at Leesburg Mortgage Loan, the
CoolSprings Galleria Mortgage Loan and the 181 Fremont Street Mortgage Loan,
(i) the reports on assessment of compliance with servicing criteria and
attestation reports on assessment of compliance with servicing criteria of
Argentic Services Company LP as special servicer of the CoolSprings Galleria
Mortgage Loan and CWCapital Asset Management LLC as special servicer of the 181
Fremont Street 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 Village at Leesburg Mortgage Loan, Argentic Services Company LP
as special servicer of the CoolSprings Galleria Mortgage Loan and CWCapital
Asset Management LLC as special servicer of the 181 Fremont Street 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 CWCapital Asset Management LLC, as special servicer,
and Wells Fargo Bank, National Association, as certificate administrator and
custodian.

 On
December 17, 2015, U.S. Bank National Association, the trustee under five
pooling and servicing agreements for (i) Wachovia Bank Commercial Mortgage
Trust 2007-C30, (ii) COBALT CMBS Commercial Trust 2007-C2, (iii) Wachovia Bank
Commercial Mortgage Trust 2007-C31, (iv) ML-CFC Commercial Mortgage Trust
2007-5 and (v) ML-CFC Commercial Mortgage Trust 2007-6 commenced a proceeding
with the Second Judicial District Court of Ramsey County, Minnesota (the " State
Court ") for a declaratory judgment as to the proper allocation of certain
proceeds (" Disputed Proceeds ") received by CWCAM in connection with the
sale of the Peter Cooper Village and Stuyvesant Town property in New York, New
York securing loans held by those trusts. CWCAM was the special servicer of
such property. The petition requests the State Court to instruct the trustee,
the trust beneficiaries, and any other interested parties as to the amount of
the Disputed Proceeds, if any, that constitute penalty interest and/or the
amount of the Disputed Proceeds, if any, that constitute gain-on-sale proceeds,
with respect to each trust. On February 24, 2016, CWCAM made a limited
appearance with the State Court to file a motion to dismiss this proceeding
based on lack of jurisdiction, mootness, standing and forum non conveniens. On
July 19, 2016, the State Court denied CWCAM's motion to dismiss. On July 22,
2016, the action was removed to federal court in Minnesota (" Federal Court ").
On October 21, 2016, the Federal Court held a hearing on the motion to transfer
the action to the United States District Court for the Southern District of New
York (" SDNY Court "), a motion to remand to state court and a motion to
hear CWCAM's request for reconsideration of the motion to dismiss. On March 14,
2017, the Federal Court reserved the determination on the motion to hear
CWCAM's request for reconsideration of the motion to dismiss, denied the motion
to remand the matter to state court and granted the motion to transfer the
proceeding to the SDNY Court. Cross motions for judgment on the pleadings were
filed but the SDNY Court was unable to decide the case based on the pleadings
and the SDNY Court ordered discovery. All fact discovery was completed in
December, 2018 and expert discovery was completed on March 15, 2019. The parties
submitted cross motions for summary judgment, and on March 19, 2020, the SDNY
Court entered an opinion and order in which it granted summary judgment in
CWCAM's favor and held that CWCAM was entitled to the entire amount of penalty
interest and that CWCAM's determination of Yield Maintenance was correct. In
the 127-page opinion, the SDNY Court found for CWCAM on every issue presented
by the trustee's petition, namely, that the funds in dispute constitute penalty
interest and yield maintenance, not gain-on-sale proceeds, and that the amount
of penalty interest and yield maintenance was correctly calculated. An appeal
of the SDNY Court's decision was taken on April 29, 2020. Oral argument on the
appeal occurred on June 21, 2021. On July 14, 2022, the Second Circuit entered
a decision affirming in part and reversing in part the SDNY Court's decision
and remanding to the SDNY Court for further proceedings. The Second Circuit
affirmed the SDNY's Court holding that Penalty Interest and Yield Maintenance
are paid before Gain-On-Sale Proceeds. The Second Circuit reversed and remanded
for further proceedings that portion of the SDNY Court's decision related to
approximately $67.2 million in interest on advances. On January 13, 2023, the
parties entered into a settlement agreement, in which (among other things) they
agreed to stipulate that the amount of Interest on advances that accrued on or
before June 3, 2014 is $27.5 million, and that CWCAM would pay that amount into
escrow for distribution to certificateholders upon the entry of an order by the
Court approving the settlement. U.S. Bank National Association, as Trustee for
the trusts, provided notice of the settlement to all parties in interest via a
notice program approved by the Court. A hearing on the settlement was scheduled
for March 16, 2023 and was continued to May 5, 2023. The court approved the
settlement in a decision dated April 8, 2024. An appeal of the Court's decision
was filed by one party, Cobalt LLC, which is believed to be focused solely on
the timing of the distribution of the $27.5 million and not with respect to
CWCAM's liability or the amount paid. The appeal brief is due on September 1,
2024. The matter was subsequently resolved by the parties and approved by the
Court and no further proceedings are required. The matter is closed.

 On
December 1, 2017, a complaint against CWCAM and others was filed in the United
States District Court for the Southern District of New York styled as CWCapital
Cobalt Vr Ltd. v. CWCapital Investments LLC, et al., No. 17-cv-9463 (the " Original
Complaint "). The gravamen of the Original Complaint alleged breaches of a
contract and fiduciary duties by CWCAM's affiliate, CWCapital Investments LLC
in its capacity as collateral manager for the collateralized debt obligation
transaction involving CWCapital Cobalt Vr, Ltd. In total, there are 14 counts
pled in the Original Complaint. Of those 14, 5 claims were asserted against
CWCAM for aiding and abetting breach of fiduciary duty, conversion and unjust
enrichment. On May 23, 2018, the Original Complaint was dismissed for lack of
subject matter jurisdiction. On June 28, 2018, CWCapital Cobalt Vr Ltd. filed a
substantially similar complaint in the Supreme Court of the State of New York,
County of New York styled as CWCapital Cobalt Vr Ltd. v. CWCapital Investments
LLC, et al., Index No. 653277/2018 (the " New Complaint "). The gravamen
of the New Complaint is the same as the previous complaint filed in the United
State District Court for the Southern District of New York. In total there are
16 counts pled in the New Complaint. Of those 16 counts, 5 claims were asserted
against CWCAM for aiding and abetting breach of fiduciary duty, conversion and
unjust enrichment, 1 count seeks a declaratory judgement that the plaintiff has
the right to enforce the contracts in question and 1 count seeks an injunction
requiring the defendants to recognize the plaintiff as the directing holder for
the trusts in question. On January 11, 2019, the plaintiff dismissed with
prejudice the declaratory judgment and injunction counts. The New Complaint and
related summons was not served on the defendants until July 13, 2018 and July
16, 2018. The plaintiff's motion for a preliminary injunction was denied by the
court on July 31, 2018. On August 3, 2018, the defendants, including CWCAM,
filed a motion to dismiss the New Complaint in its entirety. On August 20,
2019, the court entered an order granting defendants' motion almost in its
entirety, dismissing 11 of the 16 counts and partially dismissing 2 additional
counts. Of the remaining counts, 2 are asserted against CWCAM for aiding and
abetting breach of fiduciary duty and unjust enrichment. On September 19, 2019,
CWCapital Cobalt Vr Ltd. filed a notice of appeal relating to the August 20,
2019 dismissal order and on September 26, 2019, filed an amended complaint
against CWCI and CWCAM attempting to address deficiencies relating to certain
of the claims dismissed by the August, 20, 2019 order. CWCI and CWCAM filed its
Motion to Dismiss the amended complaint on October 28, 2019. The court heard
argument on the Motion to Dismiss the amended complaint on January 22, 2020 and
on October 23, 2020, the court granted the motion dismissing the amended
claims. On November 30, 2020, CWCapital Cobalt Vr Ltd filed a notice of appeal
relating to the October 23, 2020 dismissal order. On April 27, 2021, the First
Department affirmed the dismissal as to claims against CWCAM that were part of
the August 20, 2019 dismissal, but reversed the dismissal of two counts for
breach of the Collateral Management Agreement against CWCI. CWCI sought leave
to file an appeal of the decision. The plaintiff also sought leave to appeal
the dismissal of the claims against CWCAM. Both requests for leave were denied
by the First Department. On May 15, 2020, CWCI and CWCAM filed a motion to
renew its motion to dismiss as to 4 of the remaining counts (including the
remaining two counts against CWCAM for aiding and abetting breach of fiduciary
duty and unjust enrichment), based on a decision entered by Judge Failla in a
trust instruction proceeding in the US District Court for the Southern District
of New York awarding summary judgment in favor of CWCAM. On September 7, 2021,
the court denied the motion to renew. CWCI and CWCAM filed a notice of appeal,
which they perfected by the filing of their opening brief on July 1, 2022. On
November 15, 2022, the First Department affirmed the court's denial of the
motion to renew. On October 1, 2021, CWCI and CWCAM moved to reargue the denial
of the motion to renew (or alternatively, the motion to dismiss) with respect
to certain of Cobalt's claims, including the remaining 2 claims against CWCAM,
based on the First Department's April 27, 2021 decision. On March 24, 2022, the
court denied the relief sought in the motion to reargue. CWCI and CWCAM appealed
the court's decision on the motion to reargue and filed their opening brief on
July 11, 2022. The appeal was dismissed as being non-appealable on August 30,
2022. Discovery (both fact and expert) concluded on March 1, 2024. CWCAM and
CWCI filed a motion for summary judgment on March 29, 2024, seeking dismissal
of all the claims in their entirety. On that same date, the plaintiff cross
moved for summary judgment on one of the claims asserted against only CWCI.
Summary judgment briefing is scheduled to conclude on June 18, 2024. Oral
argument was heard on October 22, 2024 and the court has taken the arguments
under consideration. The timing of a decision is unknown. CWCAM believes that
it has performed its obligations under the related pooling and servicing agreements
in good faith and the remaining allegations in the New Complaint are without
merit.

 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 the prospectus of the Registrant relating to the issuing entity
filed on July 17, 2018 pursuant to Rule 424(b)(2).

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

 The reports on assessments of compliance with the servicing
criteria for asset-backed securities and related attestation reports on such
assessments of compliance with respect to the mortgage loans are attached
hereto under Item 15 to this Annual Report on Form 10-K. Attached as Exhibit AA
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 Village at Leesburg Mortgage
Loan, which is being serviced and administered pursuant to the pooling and
servicing agreement for the WFCM 2018-C44 Transaction, are attached hereto
under Item 15 to this Annual Report on Form 10-K. Attached as Exhibit AA to the
pooling and servicing agreement for the WFCM 2018-C44 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 WFCM
2018-C44 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 CoolSprings Galleria Mortgage
Loan, which is being serviced and administered pursuant to the pooling and
servicing agreement for the BANK 2018-BNK12 Transaction, are attached hereto
under Item 15 to this Annual Report on Form 10-K. Attached as Exhibit AA to the
pooling and servicing agreement for the BANK 2018-BNK12 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
BANK 2018-BNK12 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 181 Fremont Street Mortgage Loan,
which is being serviced and administered pursuant to the pooling and servicing
agreement for the Benchmark 2018-B4 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 Benchmark 2018-B4 Transaction incorporated by
reference as Exhibit 4.4 to this Annual Report on Form 10-K is a chart
identifying the entities participating in a servicing function for the
Benchmark 2018-B4 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 July 1, 2018, by and among Wells Fargo
Commercial Mortgage Securities, Inc., as Depositor, Wells Fargo Bank, National
Association, as Master Servicer, LNR Partners, LLC, as Special Servicer, Wells
Fargo Bank, National Association, as Certificate Administrator, Wilmington
Trust, National Association, as Trustee, and Park Bridge Lender Services LLC,
as Operating Advisor and Asset Representations Reviewer (filed as Exhibit 4.1
to the registrant's Current Report on Form 8-K filed on July 17, 2018 under
Commission File No. 333-206677-25 and incorporated by reference herein).

 4.2
 Pooling
and Servicing Agreement, dated as of May 1, 2018, 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, Wells Fargo Bank, National Association, as Certificate Administrator,
Wilmington Trust, National Association, as Trustee, and Pentalpha Surveillance
LLC, as Operating Advisor and Asset Representations Reviewer (filed as Exhibit
99.5 to the registrant's Current Report on Form 8-K filed on July 17, 2018
under Commission File No. 333-206677-25 and incorporated by reference herein).

 4.3
 Pooling
and Servicing Agreement, dated as of May 1, 2018, by and among Banc of America
Merrill Lynch Commercial Mortgage Inc., as Depositor, Wells Fargo Bank,
National Association, as General Master Servicer, Midland Loan Services, a
Division of PNC Bank, National Association, as General Special Servicer,
National Cooperative Bank, N.A., as NCB Master Servicer and as NCB Special
Servicer, Aegon USA Realty Advisors, LLC, as Fair Oaks Mall Special Servicer,
Wells Fargo Bank, National Association, as Certificate Administrator,
Wilmington Trust, National Association, as Trustee, and Park Bridge Lender
Services LLC, as Operating Advisor and Asset Representations Reviewer (filed as
Exhibit 99.7 to the registrant's Current Report on Form 8-K filed on July 17,
2018 under Commission File No. 333-206677-25 and incorporated by reference
herein).

 4.4
 Pooling
and Servicing Agreement, dated as of July 1, 2018, by and among Deutsche
Mortgage & Asset Receiving Corporation, as Depositor, Wells Fargo 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 Park Bridge Lender Services LLC, as Operating Advisor and
Asset Representations Reviewer (filed as Exhibit 99.6 to the registrant's
Current Report on Form 8-K filed on July 17, 2018 under Commission File No.
333-206677-25 and incorporated by reference herein).

 4.5
 Agreement
Between Note Holders, dated as of May 17, 2018, by and between Wells Fargo
Bank, National Association, as Initial Note A-1 Holder and Initial Note A-2
Holder (filed as Exhibit 99.9 to the registrant's Current Report on Form 8-K
filed on July 17, 2018 under Commission File No. 333-206677-25 and incorporated
by reference herein).

 4.6
 Co-Lender
Agreement, dated as of May 7, 2018, by and among Deutsche Bank AG, New York
Branch, as Note A-1 Holder, Note A-4 Holder and Note A-5 Holder, Wells Fargo
Bank, National Association, as Note A-2 Holder and Note A-3 Holder, and
Barclays Bank PLC, as Note A-6-1 Holder and Note A-6-2 Holder (filed as Exhibit
99.10 to the registrant's Current Report on Form 8-K filed on July 17, 2018
under Commission File No. 333-206677-25 and incorporated by reference herein).

 4.7
 Amended
and Restated Agreement Between Note Holders, dated as of July 17, 2018, by and
between Wilmington Trust, National Association, as Trustee for the Benefit of
the Registered Holders of BANK 2018-BNK12, Commercial Mortgage Pass-Through
Certificates, Series 2018-BNK12, as Note A-1 Holder and Note A-2 Holder, Wells
Fargo Bank, National Association, as Initial Note A-3 Holder, Initial Note
A-4-1 Holder, and Initial Note A-4-2 Holder (filed as Exhibit 99.11 to the
registrant's Current Report on Form 8-K filed on July 17, 2018 under Commission
File No. 333-206677-25 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
 LNR Partners, LLC, as Special Servicer

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

 33.4
Certificate Administrator

 33.5
Custodian

 33.6
Advisor

 33.7
Participant

 33.8
as Servicing Function Participant for the Certificate Administrator

 33.9 Computershare Trust Company, National Association, as
Servicing Function Participant for the Custodian

 33.10
Servicer of the Village at Leesburg Mortgage Loan (see Exhibit 33.1)

 33.11
 Rialto Capital Advisors, LLC, as Special Servicer
of the Village at Leesburg Mortgage Loan

 33.12
Wilmington Trust, National Association, as Trustee of the Village at Leesburg

 33.13
Custodian of the Village at Leesburg Mortgage Loan (see Exhibit 33.5)

 33.14
 Pentalpha Surveillance LLC, as Operating Advisor
of the Village at Leesburg Mortgage Loan

 33.15
Participant of the Village at Leesburg Mortgage Loan (see Exhibit 33.7)

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

 33.17
Servicer of the CoolSprings Galleria Mortgage Loan (see Exhibit 33.1)

 33.18
Argentic Services Company LP, as Special Servicer of the CoolSprings Galleria

 33.19
Wilmington Trust, National Association, as Trustee of the CoolSprings Galleria

 33.20
Custodian of the CoolSprings Galleria Mortgage Loan (see Exhibit 33.5)

 33.21
Advisor of the CoolSprings Galleria Mortgage Loan (see Exhibit 33.6)

 33.22
Participant of the CoolSprings Galleria Mortgage Loan (see Exhibit 33.7)

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

 33.24
Servicer of the 181 Fremont Street Mortgage Loan (see Exhibit 33.1)

 33.25
CWCapital Asset Management LLC, as Special Servicer of the 181 Fremont Street

 33.26
Wilmington Trust, National Association, as Trustee of the 181 Fremont Street

 33.27
Custodian of the 181 Fremont Street Mortgage Loan (see Exhibit 33.5)

 33.28
Advisor of the 181 Fremont Street Mortgage Loan (see Exhibit 33.6)

 33.29
Participant of the 181 Fremont Street Mortgage Loan (see Exhibit 33.7)

 33.30
 Computershare Trust Company, National Association, 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
 LNR Partners, LLC, as Special Servicer

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

 34.4
Certificate Administrator

 34.5
Custodian

 34.6
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 Village at Leesburg Mortgage Loan (see Exhibit 34.1)

 34.11
 Rialto Capital Advisors, LLC, as Special Servicer
of the Village at Leesburg Mortgage Loan

 34.12
Wilmington Trust, National Association, as Trustee of the Village at Leesburg

 34.13
Custodian of the Village at Leesburg Mortgage Loan (see Exhibit 34.5)

 34.14
 Pentalpha Surveillance LLC, as Operating Advisor
of the Village at Leesburg Mortgage Loan

 34.15
Participant of the Village at Leesburg Mortgage Loan (see Exhibit 34.7)

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

 34.17
Servicer of the CoolSprings Galleria Mortgage Loan (see Exhibit 34.1)

 34.18
Argentic Services Company LP, as Special Servicer of the CoolSprings Galleria

 34.19
Wilmington Trust, National Association, as Trustee of the CoolSprings Galleria

 34.20
Custodian of the CoolSprings Galleria Mortgage Loan (see Exhibit 34.5)

 34.21
Advisor of the CoolSprings Galleria Mortgage Loan (see Exhibit 34.6)

 34.22
Participant of the CoolSprings Galleria Mortgage Loan (see Exhibit 34.7)

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

 34.24
Servicer of the 181 Fremont Street Mortgage Loan (see Exhibit 34.1)

 34.25
CWCapital Asset Management LLC, as Special Servicer of the 181 Fremont Street

 34.26
Wilmington Trust, National Association, as Trustee of the 181 Fremont Street

 34.27
Custodian of the 181 Fremont Street Mortgage Loan (see Exhibit 34.5)

 34.28
Advisor of the 181 Fremont Street Mortgage Loan (see Exhibit 34.6)

 34.29
Participant of the 181 Fremont Street Mortgage Loan (see Exhibit 34.7)

 34.30
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
 LNR Partners, LLC, as Special Servicer

 35.3
Certificate Administrator

 35.4
as Servicing Function Participant for the Certificate Administrator

 35.5
Servicer of the Village at Leesburg Mortgage Loan (see Exhibit 35.1)

 35.6
Rialto Capital Advisors, LLC, as Special Servicer of the Village at Leesburg

 35.7
Servicer of the CoolSprings Galleria Mortgage Loan (see Exhibit 35.1)

 35.8
Argentic Services Company LP, as Special Servicer of the CoolSprings Galleria

 35.9
Servicer of the 181 Fremont Street Mortgage Loan (see Exhibit 35.1)

 35.10
CWCapital Asset Management LLC, as Special Servicer of the 181 Fremont Street

 99.1
 Mortgage
Loan Purchase Agreement, dated as of June 28, 2018, between Wells Fargo
Commercial Mortgage Securities, Inc. and Wells Fargo Bank, National Association
(filed as Exhibit 99.1 to the registrant's Current Report on Form 8-K filed on
July 17, 2018 under Commission File No. 333-206677-25 and incorporated by
reference herein)

 99.2
 Mortgage
Loan Purchase Agreement, dated as of June 28, 2018, between Wells Fargo
Commercial Mortgage Securities, Inc. and Barclays Bank PLC (filed as Exhibit
99.2 to the registrant's Current Report on Form 8-K filed on July 17, 2018
under Commission File No. 333-206677-25 and incorporated by reference herein)

 99.3
 Mortgage
Loan Purchase Agreement, dated as of June 28, 2018, between Wells Fargo
Commercial Mortgage Securities, Inc. and Rialto Mortgage Finance, LLC (filed as
Exhibit 99.3 to the registrant's Current Report on Form 8-K filed on July 17,
2018 under Commission File No. 333-206677-25 and incorporated by reference
herein)

 99.4
 Mortgage
Loan Purchase Agreement, dated as of June 28, 2018, between Wells Fargo
Commercial Mortgage Securities, Inc. and C-III Commercial Mortgage LLC (filed
as Exhibit 99.4 to the registrant's Current Report on Form 8-K filed on July
17, 2018 under Commission File No. 333-206677-25 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 13, 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: 333-206677-11

 Central Index Key Number of the issuing entity:
0001688451

 Wells Fargo Commercial Mortgage
Trust 2016-LC25

 (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: 0001592182

 LMF Commercial, LLC

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

 (formerly known as Rialto
Mortgage Finance, LLC)

 Central Index Key Number of the sponsor: 0001577313

 National Cooperative Bank, N.A.

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

 New York

 (State or other jurisdiction of

 incorporation or organization of

 the issuing entity)

 38-4014779

 38-4014780

 38-7170489

 (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 Marriott Hilton Head Resort & Spa
Mortgage Loan and the Aspen at Norman Student Housing Mortgage Loan, which
constituted approximately 4.5% and 2.3%, 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
Marriott Hilton Head Resort & Spa Mortgage Loan, five other pari passu
loans, which are not assets of the issuing entity and (b) with respect to the
Aspen at Norman Student Housing Mortgage Loan, one other pari passu loan,
which is not an asset of the issuing entity. These loan combinations, including
the Marriott Hilton Head Resort & Spa Mortgage Loan and the Aspen at Norman
Student Housing 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.

Exhibit Index) with respect to the 9 West 57th Street Mortgage Loan, which
constituted approximately 5.2% of the asset pool of the issuing entity as of
its cut-off date. The 9 West 57th Street Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the 9 West 57th
Street Mortgage Loan, five other pari passu loans and one subordinate
companion loan, which are not assets of the issuing entity. A pari passu
portion of the loan combination was securitized in the J.P. Morgan Chase
Commercial Mortgage Securities Trust 2016-NINE transaction (the " JPMCC
2016-NINE Transaction "). This loan combination, including the 9 West 57th
Street Mortgage Loan, is being serviced and administered pursuant to the trust
and servicing agreement for the JPMCC 2016-NINE Transaction, which is
incorporated by reference as Exhibit 4.2 to this Annual Report on Form 10-K.

Exhibit Index) with respect to the Gurnee Mills Mortgage Loan, which
constituted approximately 2.6% of the asset pool of the issuing entity as of
its cut-off date. The Gurnee Mills Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the Gurnee Mills
Mortgage Loan and five other pari passu loans, which are not assets of
the issuing entity. A pari passu portion of the loan combination was
securitized in the CSAIL 2016-C7 Commercial Mortgage Trust transaction,
Commission File Number 333-207361-03 (the " CSAIL 2016-C7 Transaction ").
This loan combination, including the Gurnee Mills Mortgage Loan, is being
serviced and administered pursuant to the pooling and servicing agreement for
the CSAIL 2016-C7 Transaction, which is incorporated by reference as Exhibit
4.3 to this Annual Report on Form 10-K.

Exhibit Index) with respect to the 101 Hudson Street Mortgage Loan, which
constituted approximately 1.7% of the asset pool of the issuing entity as of its
cut-off date. The 101 Hudson Street Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the 101 Hudson
Street Mortgage Loan and five other pari passu loans, which are not
assets of the issuing entity. A pari passu portion of the loan
combination was securitized in the Morgan Stanley Capital I Trust 2016-BNK2
transaction, Commission File Number 333-206582-05 (the " MSC 2016-BNK2
Transaction "). This loan combination, including the 101 Hudson Street
Mortgage Loan, is being serviced and administered pursuant to the pooling and
servicing agreement for the MSC 2016-BNK2 Transaction, which is incorporated by
reference as Exhibit 4.4 to this Annual Report on Form 10-K.

Exhibit Index) with respect to the Redwood MHC Portfolio Mortgage Loan, which
constituted approximately 4.0% of the asset pool of the issuing entity as of
its cut-off date. The Redwood MHC Portfolio Mortgage Loan is an asset of
the issuing entity and is part of a loan combination that includes the Redwood
MHC Portfolio Mortgage Loan and two other pari passu loans, which are
not assets of the issuing entity. This loan combination, including the Redwood
MHC Portfolio 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 Redwood MHC Portfolio loan combination in
the Wells Fargo Commercial Mortgage Trust 2016-C37 transaction, Commission File
Number 333-206677-12 (the " WFCM 2016-C37 Transaction "). After the
closing of the WFCM 2016-C37 Transaction on December 22, 2016, this loan
combination, including the Redwood MHC Portfolio Mortgage Loan was, and will
continue to be, serviced and administered pursuant to the pooling and servicing
agreement with respect to the WFCM 2016-C37 Transaction, which is incorporated
by reference as Exhibit 4.5 to this Annual Report on Form 10-K.

Exhibit Index) with respect to the Rio West Business Park Mortgage Loan, which
constituted approximately 2.1% of the asset pool of the issuing entity as of
its cut-off date. The Rio West Business Park Mortgage Loan is an asset of
the issuing entity and is part of a loan combination that includes the Rio West
Business Park Mortgage Loan and one other pari passu loan, which is not
an asset of the issuing entity. This loan combination, including the Rio West
Business Park Mortgage Loan, was serviced under the Pooling and Servicing
Agreement for the issuing entity prior to the closing of the securitization of
the other pari passu portion of the Rio West Business Park loan
combination in the Bank of America Merrill Lynch Commercial Mortgage Trust
2017-BNK3 transaction, Commission File Number 333-206847-05 (the " BACM
2017-BNK3 Transaction "). After the closing of the BACM 2017-BNK3
Transaction on February 16, 2017, this loan combination, including the Rio West
Business Park Mortgage Loan was, and will continue to be, serviced and
administered pursuant to the pooling and servicing agreement with respect to
the BACM 2017-BNK3 Transaction, which is incorporated by reference as Exhibit
4.6 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 general master servicer (except with respect to those
mortgage loans for which National Cooperative Bank, N.A. is the NCB master
servicer) and the certificate administrator of the mortgage loans serviced under
the Pooling and Servicing Agreement, the primary servicer and special servicer
of the 9 West 57th Street Mortgage Loan and the primary servicer of the Redwood
MHC Portfolio Mortgage Loan, the Gurnee Mills Mortgage Loan, the Rio West
Business Park Mortgage Loan and the 101 Hudson Street 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 9 West 57th Street Mortgage Loan, the Redwood MHC
Portfolio Mortgage Loan, the Gurnee Mills Mortgage Loan, the Rio West Business
Park Mortgage Loan and the 101 Hudson Street 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.

 LNR Partners, LLC is the general
special servicer of the mortgage loans serviced under the Pooling and Servicing
Agreement and the Redwood MHC Portfolio. As a result, LNR Partners, LLC 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 LNR Partners, LLC in the capacities described above are listed in the
Exhibit Index.

 Park Bridge Lender Services LLC is
the operating advisor of the Gurnee Mills Mortgage Loan, the Rio West Business
Park Mortgage Loan and the 101 Hudson Street Mortgage Loan. As a result,
Park Bridge Lender Services LLC is a servicing function participant in the
capacities described above, because it is servicing mortgage loans that
constituted 5% or more of the assets of the issuing entity as of its cut-off
date. The assessments of compliance with applicable servicing criteria and
accountants' attestation reports delivered by Park Bridge Lender Services LLC
in the capacities described above are listed in the Exhibit Index.

 Wilmington Trust, National
Association acts as trustee of the mortgage loans serviced under the Pooling
and Servicing Agreement, the 9 West 57th Street Mortgage Loan, the 101 Hudson
Street Mortgage Loan, the Gurnee Mills Mortgage Loan, the Redwood MHC Portfolio
Mortgage Loan and the Rio West Business Park Mortgage Loan. Pursuant to
the Pooling and Servicing Agreement, the trust and servicing agreement for the
JPMCC 2016-NINE Transaction, the pooling and servicing agreement for the MSC
2016-BNK2 Transaction, the pooling and servicing agreement for the CSAIL
2016-C7 Transaction, the pooling and servicing agreement for the WFCM 2016-C37
Transaction and the pooling and servicing agreement for the BACM 2017-BNK3
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 9
West 57th Street Mortgage Loan, the 101 Hudson Street Mortgage Loan, the Gurnee
Mills Mortgage Loan, the Redwood MHC Portfolio Mortgage Loan and the Rio West
Business Park 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 general master servicer
under the Pooling and Servicing Agreement (except with respect to those
mortgage loans for which National Cooperative Bank, N.A. is the NCB master
servicer) and the primary servicer of the 9 West 57th Street Mortgage Loan, the
101 Hudson Street Mortgage Loan, the Gurnee Mills Mortgage Loan, the Redwood
MHC Portfolio Mortgage Loan and the Rio West Business Park 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 9 West 57th
Street Mortgage Loan, the 101 Hudson Street Mortgage Loan, the Gurnee Mills
Mortgage Loan, the Redwood MHC Portfolio Mortgage Loan and the Rio West
Business Park 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 Gurnee Mills Mortgage Loan, the Rio West
Business Park Mortgage Loan, the 101 Hudson Street Mortgage Loan and the
Redwood MHC Portfolio 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 Gurnee Mills Mortgage Loan and the Rio West Business Park
Mortgage Loan, Greystone Servicing Company LLC (as successor to C-III Asset
Management LLC) as special servicer of the 101 Hudson Street Mortgage Loan and
BellOak, LLC as operating advisor of the Redwood MHC Portfolio 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 Gurnee Mills Mortgage Loan and
the Rio West Business Park Mortgage Loan and Greystone Servicing Company LLC
(as successor to C-III Asset Management LLC) as special servicer of the 101
Hudson Street 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 the prospectus of the Registrant relating to the issuing entity
filed on December 8, 2016 pursuant to Rule 424(b)(2).

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

assessments of compliance with respect to the mortgage loans are attached
hereto under Item 15 to this Annual Report on Form 10-K. Attached as Exhibit AA
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).

assessments of compliance with respect to the 9 West 57th Street Mortgage Loan,
which is being serviced and administered pursuant to the trust and servicing
agreement for the JPMCC 2016-NINE Transaction, are attached hereto under Item
15 to this Annual Report on Form 10-K. Attached as Exhibit L to the trust and
servicing agreement for the JPMCC 2016-NINE 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 JPMCC
2016-NINE Transaction responsible for each applicable servicing criteria set
forth in Item 1122(d).

assessments of compliance with respect to the Gurnee Mills Mortgage Loan, which
is being serviced and administered pursuant to the pooling and servicing
agreement for the CSAIL 2016-C7 Transaction, are attached hereto under Item 15
to this Annual Report on Form 10-K. Attached as Exhibit AA to the pooling and
servicing agreement for the CSAIL 2016-C7 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 CSAIL 2016-C7
Transaction responsible for each applicable servicing criteria set forth in
Item 1122(d).

assessments of compliance with respect to the 101 Hudson Street Mortgage Loan,
which is being serviced and administered pursuant to the pooling and servicing
agreement for the MSC 2016-BNK2 Transaction, are attached hereto under Item 15
to this Annual Report on Form 10-K. Attached as Exhibit Z to the pooling and
servicing agreement for the MSC 2016-BNK2 Transaction incorporated by reference
as Exhibit 4.4 to this Annual Report on Form 10-K is a chart identifying the
entities participating in a servicing function for the MSC 2016-BNK2
Transaction responsible for each applicable servicing criteria set forth in
Item 1122(d).

assessments of compliance with respect to the Redwood MHC Portfolio Mortgage
Loan, which is being serviced and administered pursuant to the pooling and
servicing agreement for the WFCM 2016-C37 Transaction, are attached hereto
under Item 15 to this Annual Report on Form 10-K. Attached as Exhibit AA to the
pooling and servicing agreement for the WFCM 2016-C37 Transaction incorporated
by reference as Exhibit 4.5 to this Annual Report on Form 10-K is a chart
identifying the entities participating in a servicing function for the WFCM
2016-C37 Transaction responsible for each applicable servicing criteria set
forth in Item 1122(d).

assessments of compliance with respect to the Rio West Business Park Mortgage
Loan, which is being serviced and administered pursuant to the pooling and
servicing agreement for the BACM 2017-BNK3 Transaction, are attached hereto
under Item 15 to this Annual Report on Form 10-K. Attached as Exhibit Z to the
pooling and servicing agreement for the BACM 2017-BNK3 Transaction incorporated
by reference as Exhibit 4.6 to this Annual Report on Form 10-K is a chart
identifying the entities participating in a servicing function for the BACM
2017-BNK3 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 December 1,
2016, by and among Wells Fargo Commercial Mortgage Securities, Inc., as
Depositor, Wells Fargo Bank, National Association, as General Master Servicer,
CWCapital Asset Management LLC, as General Special Servicer, National
Cooperative Bank, N.A. as NCB Master Servicer and NCB Special Servicer, Wells
Fargo Bank, National Association, as Certificate Administrator, Wilmington
Trust, National Association, as Trustee, and Pentalpha Surveillance LLC, as Operating
Advisor and Asset Representations Reviewer (filed as Exhibit 4.1 to the

 4.2
 Trust and Servicing Agreement, dated as of September 26,
2016, by and among J.P. Morgan Chase Commercial Mortgage Securities Corp., as
Depositor, Wells Fargo Bank, National Association, as Servicer and Special
Servicer, Wells Fargo Bank, National Association, as Certificate Administrator
and Wilmington Trust, National Association, as Trustee (filed as Exhibit 4.2 to
the registrant's Current Report on Form 8-K filed on December 8, 2016 under

 4.3
 Pooling and Servicing Agreement, dated as of November 1,
2016, by and among Credit Suisse Commercial Mortgage Securities Corp., as
Depositor, Wells Fargo Bank, National Association, as Master Servicer, Rialto
Capital Advisors, LLC, as Special Servicer, Wells Fargo Bank, National
Association, as Certificate Administrator, Wilmington Trust, National
Association, as Trustee, and Park Bridge Lender Services LLC, as Operating
Advisor and Asset Representations Reviewer (filed as Exhibit 4.3 to the

 4.4
 Pooling and Servicing Agreement, dated as of November 1,
2016, by and among Morgan Stanley Capital I Inc., as Depositor, Wells Fargo
Bank, National Association, as Master Servicer, C-III Asset Management LLC, as
Special Servicer, Wells Fargo Bank, National Association, as Certificate
Administrator, Wilmington Trust, National Association, as Trustee, and Park
Bridge Lender Services LLC, as Operating Advisor and Asset Representations
Reviewer (filed as Exhibit 4.4 to the registrant's Current Report on Form 8-K
filed on December 8, 2016 under Commission File No. 333-206677-11 and
incorporated by reference herein).

 4.5
 Pooling and Servicing Agreement, dated as of December 1,
2016, by and among Wells Fargo Commercial Mortgage Securities, Inc., as
Depositor, Wells Fargo Bank, National Association, as Master Servicer, LNR
Partners, LLC, as Special Servicer, Wells Fargo Bank, National Association, as
Certificate Administrator, Wilmington Trust, National Association, as Trustee,
and TriMont Real Estate Advisors, LLC, as Operating Advisor and Asset
Representations Reviewer (filed as Exhibit 4.1 to the registrant's Current
Report on Form 8-K filed on February 7, 2017 under Commission File No.
333-206677-11 and incorporated by reference herein).

 4.6
 Pooling and Servicing Agreement, dated as of February 1,
2017, by and among Banc of America Merrill Lynch Commercial Mortgage Inc., as
Depositor, Wells Fargo Bank, National Association, as Master Servicer, Midland
Loan Services, a Division of PNC Bank, National Association, as Special
Servicer, Wells Fargo Bank, National Association, as Certificate Administrator,
Wilmington Trust, National Association, as Trustee, and Park Bridge Lender
Services LLC, as Operating Advisor and as Asset Representations Reviewer (filed
as Exhibit 4.1 to the registrant's Current Report on Form 8-K filed on January
5, 2018 under Commission File No. 333-206677-11 and incorporated by reference
herein).

 4.7
 Co-Lender Agreement, dated as of October 3, 2016 and updated as of November 1, 2016, by and among Rialto
Mortgage Finance, LLC, as Note A-1 Holder, Citigroup Global Markets Realty
Corp., as Note A-2A Holder, Note A-2B Holder, Note A-3A Holder and Note A-3B
Holder and Rialto Mortgage Finance, LLC, as Note A-4 Holder (filed as Exhibit
4.7 to the registrant's Current Report on Form 8-K filed on December 8, 2016
under Commission File No. 333-206677-11 and incorporated by reference herein).

 4.8
 Agreement Between Note Holders, dated as of November 30,
2016, by and between Wells Fargo Bank, National Association, as Initial Note
A-1 Holder and Initial Note A-2 Holder (filed as Exhibit 4.11 to the

 4.9
 Co-Lender Agreement, dated as of September 26, 2016, by
and between JPMorgan Chase Bank, National Association, as Initial Note A Holder
and Initial Note B Holder (filed as Exhibit 4.5 to the registrant's Current
Report on Form 8-K filed on December 8, 2016 under Commission File No.
333-206677-11 and incorporated by reference herein).

 4.10
 Agreement Between Note Holders, dated as of November 3,
2016, by and among Column Financial, Inc. as Initial Note A-1A Holder and
Initial Note A-1B Holder, Wells Fargo Bank, National Association, as Initial
Note A-2A Holder and Initial Note A-2B Holder and Regions Bank, as Initial Note
A-3 Holder and Initial Note A-4 Holder (filed as Exhibit 4.9 to the

 4.11
 Agreement Between Note Holders, dated as of November 3,
2016, by and among Wells Fargo Bank, National Association, as Initial Note
A-1-1 Holder, Initial Note A-1-2 Holder and Initial Note A-2 Holder, Bank of
America, N.A., as Initial Note A-3 Holder and Initial Note A-4 Holder and
Barclays Bank PLC, as Initial Note A-5 Holder (filed as Exhibit 4.12 to the

 4.12
 Co-Lender Agreement, dated as of November 22, 2016, by
and among Ladder Capital Finance I LLC for itself to the extent of its
interest, and on behalf of Series TRS of Ladder Capital Finance I LLC, and
Series TRS of Ladder Capital Finance I LLC, as Note A-1 Holder, Note
A-2 Holder and Note A-3 Holder (filed as Exhibit 4.8 to the registrant's
Current Report on Form 8-K filed on December 8, 2016 under Commission File No.
333-206677-11 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 General
Master Servicer

 33.2
 National Cooperative Bank, N.A., as NCB Master
Servicer

 33.3
 LNR Partners, LLC, as General Special Servicer

 33.4
 National Cooperative Bank, N.A., as NCB Special
Servicer (see Exhibit 33.2)

 33.5
Wilmington Trust, National Association, as Trustee (Omitted. See Explanatory
Notes.)

 33.6
Certificate Administrator

 33.7
Custodian

 33.8
 Pentalpha Surveillance LLC, as Operating Advisor

 33.9
Participant

 33.10
as Servicing Function Participant for the Certificate Administrator

 33.11 Computershare Trust Company, National Association, as
Servicing Function Participant for the Custodian

 33.12
Servicer of the Marriott Hilton Head Resort & Spa Mortgage Loan (see
Exhibit 33.1)

 33.13
Marriott Hilton Head Resort & Spa Mortgage Loan (see Exhibit 33.3)

 33.14
Wilmington Trust, National Association, as Trustee of the Marriott Hilton Head
Resort & Spa Mortgage Loan (Omitted. See Explanatory Notes.)

 33.15
Custodian of the Marriott Hilton Head Resort & Spa Mortgage Loan (see
Exhibit 33.7)

 33.16
 Pentalpha Surveillance LLC, as Operating Advisor of
the Marriott Hilton Head Resort & Spa Mortgage Loan (see Exhibit 33.8)

 33.17
Participant of the Marriott Hilton Head Resort & Spa Mortgage Loan (see
Exhibit 33.9)

 33.18 Computershare Trust Company, National Association, as
Servicing Function Participant for the Custodian (see Exhibit 33.11)

 33.19
Servicer of the Aspen at Norman Student Housing Mortgage Loan (see Exhibit
33.1)

 33.20
 LNR Partners, LLC, as Special Servicer of the Aspen
at Norman Student Housing Mortgage Loan (see Exhibit 33.3)

 33.21
Wilmington Trust, National Association, as Trustee of the Aspen at Norman
Student Housing Mortgage Loan (Omitted. See Explanatory Notes.)

 33.22
Custodian of the Aspen at Norman Student Housing Mortgage Loan (see Exhibit
33.7)

 33.23
 Pentalpha Surveillance LLC, as Operating Advisor of
the Aspen at Norman Student Housing Mortgage Loan (see Exhibit 33.8)

 33.24
Participant of the Aspen at Norman Student Housing Mortgage Loan (see Exhibit
33.9)

 33.25

 33.26
Servicer of the 9 West 57th Street Mortgage Loan (see Exhibit 33.1)

 33.27
 Wells Fargo Bank, National Association, as Special
Servicer of the 9 West 57th Street Mortgage Loan (see Exhibit 33.1)

 33.28
Wilmington Trust, National Association, as Trustee of the 9 West 57th Street

 33.29
Custodian of the 9 West 57th Street Mortgage Loan (see Exhibit 33.7)

 33.30
Participant of the 9 West 57th Street Mortgage Loan (see Exhibit 33.9)

 33.31

 33.32
Servicer of the Gurnee Mills Mortgage Loan (see Exhibit 33.1)

 33.33
Rialto Capital Advisors, LLC, as Special Servicer of the Gurnee Mills Mortgage

 33.34
Wilmington Trust, National Association, as Trustee of the Gurnee Mills Mortgage

 33.35
Custodian of the Gurnee Mills Mortgage Loan (see Exhibit 33.7)

 33.36
Advisor of the Gurnee Mills Mortgage Loan

 33.37
 CoreLogic Solutions, LLC, as Servicing Function Participant
of the Gurnee Mills Mortgage Loan (see Exhibit 33.9)

 33.38

 33.39
Servicer of the 101 Hudson Street Mortgage Loan (see Exhibit 33.1)

 33.40
Greystone Servicing Company LLC (as successor to C-III Asset Management LLC),
as Special Servicer of the 101 Hudson Street Mortgage Loan (Omitted. See
Explanatory Notes.)

 33.41
Wilmington Trust, National Association, as Trustee of the 101 Hudson Street

 33.42
Custodian of the 101 Hudson Street Mortgage Loan (see Exhibit 33.7)

 33.43
Advisor of the 101 Hudson Street Mortgage Loan (see Exhibit 33.36)

 33.44
Participant of the 101 Hudson Street Mortgage Loan (see Exhibit 33.9)

 33.45

 33.46
Servicer of the Redwood MHC Portfolio Mortgage Loan (see Exhibit 33.1)

 33.47
Redwood MHC Portfolio Mortgage Loan (see Exhibit 33.3)

 33.48
Wilmington Trust, National Association, as Trustee of the Redwood MHC Portfolio

 33.49
Custodian of the Redwood MHC Portfolio Mortgage Loan (see Exhibit 33.7)

 33.50
BellOak, LLC, as Operating Advisor of the Redwood MHC Portfolio Mortgage Loan
(Omitted. See Explanatory Notes.)

 33.51
Participant of the Redwood MHC Portfolio Mortgage Loan (see Exhibit 33.9)

 33.52

 33.53
Servicer of the Rio West Business Park Mortgage Loan (see Exhibit 33.1)

 33.54
Rialto Capital Advisors, LLC, as Special Servicer of the Rio West Business Park

 33.55
Wilmington Trust, National Association, as Trustee of the Rio West Business
Park Mortgage Loan (Omitted. See Explanatory Notes.)

 33.56
Custodian of the Rio West Business Park Mortgage Loan (see Exhibit 33.7)

 33.57
Advisor of the Rio West Business Park Mortgage Loan (see Exhibit 33.36)

 33.58
Participant of the Rio West Business Park Mortgage Loan (see Exhibit 33.9)

 33.59

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

 34.1
 Wells Fargo Bank, National Association, as General
Master Servicer

 34.2
 National Cooperative Bank, N.A., as NCB Master
Servicer

 34.3
 LNR Partners, LLC, as General Special Servicer

 34.4
 National Cooperative Bank, N.A., as NCB Special
Servicer (see Exhibit 34.2)

 34.5
Wilmington Trust, National Association, as Trustee (Omitted. See Explanatory
Notes.)

 34.6
Certificate Administrator

 34.7
Custodian

 34.8
 Pentalpha Surveillance LLC, as Operating Advisor

 34.9
Participant

 34.10 Computershare Trust Company, National Association, as
Servicing Function Participant for the Certificate Administrator

 34.11
as Servicing Function Participant for the Custodian

 34.12
Servicer of the Marriott Hilton Head Resort & Spa Mortgage Loan (see
Exhibit 34.1)

 34.13
Marriott Hilton Head Resort & Spa Mortgage Loan (see Exhibit 34.3)

 34.14
Wilmington Trust, National Association, as Trustee of the Marriott Hilton Head
Resort & Spa Mortgage Loan (Omitted. See Explanatory Notes.)

 34.15
Custodian of the Marriott Hilton Head Resort & Spa Mortgage Loan (see
Exhibit 34.7)

 34.16
 Pentalpha Surveillance LLC, as Operating Advisor of
the Marriott Hilton Head Resort & Spa Mortgage Loan (see Exhibit 34.8)

 34.17
Participant of the Marriott Hilton Head Resort & Spa Mortgage Loan (see
Exhibit 34.9)

 34.18

 34.19
Servicer of the Aspen at Norman Student Housing Mortgage Loan (see Exhibit
34.1)

 34.20
 LNR Partners, LLC, as Special Servicer of the Aspen
at Norman Student Housing Mortgage Loan (see Exhibit 34.3)

 34.21
Wilmington Trust, National Association, as Trustee of the Aspen at Norman
Student Housing Mortgage Loan (Omitted. See Explanatory Notes.)

 34.22
Custodian of the Aspen at Norman Student Housing Mortgage Loan (see Exhibit
34.7)

 34.23
 Pentalpha Surveillance LLC, as Operating Advisor of
the Aspen at Norman Student Housing Mortgage Loan (see Exhibit 34.8)

 34.24
Participant of the Aspen at Norman Student Housing Mortgage Loan (see Exhibit
34.9)

 34.25

 34.26
Servicer of the 9 West 57th Street Mortgage Loan (see Exhibit 34.1)

 34.27
 Wells Fargo Bank, National Association, as Special
Servicer of the 9 West 57th Street Mortgage Loan (see Exhibit 34.1)

 34.28
Wilmington Trust, National Association, as Trustee of the 9 West 57th Street

 34.29
Custodian of the 9 West 57th Street Mortgage Loan (see Exhibit 34.7)

 34.30
Participant of the 9 West 57th Street Mortgage Loan (see Exhibit 34.9)

 34.31

 34.32
Servicer of the Gurnee Mills Mortgage Loan (see Exhibit 34.1)

 34.33
Rialto Capital Advisors, LLC, as Special Servicer of the Gurnee Mills Mortgage

 34.34
Wilmington Trust, National Association, as Trustee of the Gurnee Mills Mortgage

 34.35
Custodian of the Gurnee Mills Mortgage Loan (see Exhibit 34.7)

 34.36
Advisor of the Gurnee Mills Mortgage Loan

 34.37
Participant of the Gurnee Mills Mortgage Loan (see Exhibit 34.9)

 34.38

 34.39
Servicer of the 101 Hudson Street Mortgage Loan (see Exhibit 34.1)

 34.40
Greystone Servicing Company LLC (as successor to C-III Asset Management LLC),
as Special Servicer of the 101 Hudson Street Mortgage Loan (Omitted. See
Explanatory Notes.)

 34.41
Wilmington Trust, National Association, as Trustee of the 101 Hudson Street

 34.42
Custodian of the 101 Hudson Street Mortgage Loan (see Exhibit 34.7)

 34.43
Advisor of the 101 Hudson Street Mortgage Loan (see Exhibit 34.36)

 34.44
Participant of the 101 Hudson Street Mortgage Loan (see Exhibit 34.9)

 34.45

 34.46
Servicer of the Redwood MHC Portfolio Mortgage Loan (see Exhibit 34.1)

 34.47
Redwood MHC Portfolio Mortgage Loan (see Exhibit 34.3)

 34.48
Wilmington Trust, National Association, as Trustee of the Redwood MHC Portfolio

 34.49
Custodian of the Redwood MHC Portfolio Mortgage Loan (see Exhibit 34.7)

 34.50
BellOak, LLC, as Operating Advisor of the Redwood MHC Portfolio Mortgage Loan
(Omitted. See Explanatory Notes.)

 34.51
Participant of the Redwood MHC Portfolio Mortgage Loan (see Exhibit 34.9)

 34.52

 34.53
Servicer of the Rio West Business Park Mortgage Loan (see Exhibit 34.1)

 34.54
Rialto Capital Advisors, LLC, as Special Servicer of the Rio West Business Park

 34.55
Wilmington Trust, National Association, as Trustee of the Rio West Business
Park Mortgage Loan (Omitted. See Explanatory Notes.)

 34.56
Custodian of the Rio West Business Park Mortgage Loan (see Exhibit 34.7)

 34.57
Advisor of the Rio West Business Park Mortgage Loan (see Exhibit 34.36)

 34.58
Participant of the Rio West Business Park Mortgage Loan (see Exhibit 34.9)

 34.59

Servicer compliance statements.

 35.1
 Wells Fargo Bank, National Association, as General
Master Servicer

 35.2
 National Cooperative Bank, N.A., as NCB Master
Servicer

 35.3
 LNR Partners, LLC, as General Special Servicer

 35.4
 National Cooperative Bank, N.A., as NCB Special
Servicer (see Exhibit 35.2)

 35.5
Certificate Administrator

 35.6
as Servicing Function Participant for the Certificate Administrator

 35.7
Servicer of the Marriott Hilton Head Resort & Spa Mortgage Loan (see
Exhibit 35.1)

 35.8
Marriott Hilton Head Resort & Spa Mortgage Loan (see Exhibit 35.3)

 35.9
Servicer of the Aspen at Norman Student Housing Mortgage Loan (see Exhibit
35.1)

 35.10
 LNR Partners, LLC, as Special Servicer of the Aspen
at Norman Student Housing Mortgage Loan (see Exhibit 35.3)

 35.11
Servicer of the 9 West 57th Street Mortgage Loan (see Exhibit 35.1)

 35.12
 Wells Fargo Bank, National Association, as Special
Servicer of the 9 West 57th Street Mortgage Loan (see Exhibit 35.1)

 35.13
Servicer of the Gurnee Mills Mortgage Loan (see Exhibit 35.1)

 35.14
Rialto Capital Advisors, LLC, as Special Servicer of the Gurnee Mills Mortgage

 35.15
Servicer of the 101 Hudson Street Mortgage Loan (see Exhibit 35.1)

 35.16
Greystone Servicing Company LLC (as successor to C-III Asset Management LLC),
as Special Servicer of the 101 Hudson Street Mortgage Loan (Omitted. See
Explanatory Notes.)

 35.17
Servicer of the Redwood MHC Portfolio Mortgage Loan (see Exhibit 35.1)

 35.18
Redwood MHC Portfolio Mortgage Loan (see Exhibit 35.3)

 35.19
Servicer of the Rio West Business Park Mortgage Loan (see Exhibit 35.1)

 35.20
Rialto Capital Advisors, LLC, as Special Servicer of the Rio West Business Park

 99.1
 Mortgage Loan Purchase Agreement, dated as of November 22,
2016, 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 filed on December 8, 2016 under Commission File No.
333-206677-11 and incorporated by reference herein)

 99.2
 Mortgage Loan Purchase Agreement, dated as of November
22, 2016, among Wells Fargo Commercial Mortgage Securities, Inc., Ladder
Capital Finance LLC and Ladder Capital Finance Holdings LLLP, Series REIT of
Ladder Capital Finance Holdings LLLP, Series TRS of Ladder Capital Finance
Holdings LLLP (filed as Exhibit 99.1 to the registrant's Current Report on Form
8-K filed on December 8, 2016 under Commission File No. 333-206677-11 and
incorporated by reference herein)

 99.3
 Mortgage Loan Purchase Agreement, dated as of November
22, 2016, between Wells Fargo Commercial Mortgage Securities, Inc. and Rialto
Mortgage Finance, LLC (filed as Exhibit 99.3 to the registrant's Current Report
on Form 8-K filed on December 8, 2016 under Commission File No. 333-206677-11
and incorporated by reference herein)

 99.4
 Mortgage Loan Purchase Agreement, dated as of November
22, 2016, between Wells Fargo Commercial Mortgage Securities, Inc. and National
Cooperative Bank, N.A. (filed as Exhibit 99.4 to the registrant's Current
Report on Form 8-K filed on December 8, 2016 under Commission File No.
333-206677-11 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 13, 2025