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

 //
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: 333-180779-21

 Central Index Key Number of the issuing entity:
0001657889

 Morgan Stanley Capital I Trust 2015-UBS8

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

 Central Index Key Number of the depositor: 0001547361

 Morgan Stanley Capital I Inc.

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

 Central Index Key Number of the sponsor: 0001541886

 UBS Real Estate Securities Inc.

 (exact names of the sponsors as specified in their
charters)

 Central Index Key Number of the sponsor: 0001102113

 Bank of America, National Association

 (exact names of the sponsors as specified in their
charters)

 Central Index Key Number of the sponsor: 0001541557

 Morgan Stanley Mortgage Capital Holdings LLC

 (exact names of the sponsors as specified in their
charters)

 New York

 38 3984646

 38 3984647

 38 3984648

 38 7143666

 (State or other jurisdiction of incorporation or
 organization)

 (I.R.S. Employer Identification Numbers)

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

 Wells Fargo Bank, National
Association

 9062 Old Annapolis Road

 Columbia, MD

 (Address of principal
executive offices)

 21045

 (Zip Code)

 Telephone number,
including area code:

 (667) 786 1992

 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.

by check mark if the registrant is a well-known seasoned issuer, as defined in
Rule 405 of the Securities Act.

 Yes
___ No X

by check mark if the registrant is not required to file reports pursuant to
Section 13 or Section 15(d) of the Act.

 Yes
___ No X

 Note
- Checking the box above will not relieve any registrant required to file
reports pursuant to Section 13 or 15(d) of the Exchange Act from their
obligations under those Sections.

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
X No ___

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).

 Not

by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, a smaller reporting company, or
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 ___

Accelerated filer ___

Non-accelerated filer X (Do not check if a smaller reporting company)

Smaller reporting company ___

 Emerging
growth company ___

 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 Ex change Act.

 Not

 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.

 Not

 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.

 Not

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).

 Not

by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Act).

 Yes
___ No X

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

 Not

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.

 Not

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

 Not

 DOCUMENTS
INCORPORATED BY REFERENCE

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

 Not

 EXPLANATORY NOTES

 The
MSC 2015-UBS8 mortgage pool includes the following mortgage loans, each of
which is serviced pursuant to a separate pooling and servicing agreement (each,
an "Outside Pooling and Servicing Agreement"):

 the Cape May Hotels mortgage loan and the
Charles River North mortgage loan, which are serviced pursuant to the CSAIL
2015-C3 pooling and servicing agreement attached hereto as Exhibit 4.2;

 the Gulfport Premium Outlets mortgage loan,
which is serviced pursuant to the MSBAM 2016-C29 pooling and servicing
agreement attached hereto as Exhibit 4.3; and

 the Grove City Premium Outlets mortgage
loan, which is serviced pursuant to the BACM 2016-UBS10 pooling and servicing
agreement attached hereto as Exhibit 4.4.

 Except
as set forth below, each of the parties to each pooling and servicing agreement
listed in the Exhibit Index both (1) participates in the servicing function for
purposes of Item 1122 of Regulation AB and (2) constitutes a servicer that
meets the criteria in Item 1108(a)(2)(i) through (iii) of Regulation AB for
purposes of Item 1123 of Regulation AB:

 The trustee under a pooling and servicing
agreement has a nominal role with respect to the mortgage pool securitized
pursuant to such pooling and servicing agreement. The trustee's only servicing
function is the contingent obligation to make certain advances if the master
servicer under such pooling and servicing agreement fails to do so, while all
other servicing functions are performed by other parties. The trustee under
each of the pooling and servicing agreements listed in the Exhibit Index has
confirmed to the registrant that it has not made any such contingent advances
during the reporting period, and consequently, each such trustee does not
participate in the servicing function for purposes of Item 1122 of Regulation
AB, nor does it perform the functions of a servicer for purposes of the
definition of "servicer" under Item 1101 of Regulation AB or for purposes of
Item 1123 of Regulation AB.

 The certificate administrator under a
pooling and servicing agreement performs various payment administration
functions solely for the securitization governed by such pooling and servicing
agreement and the mortgage pool securitized pursuant to such pooling and
servicing agreement and does not have any obligations with respect to any other
transaction. Consequently, the certificate administrator under an Outside
Pooling and Servicing Agreement does not participate in the servicing function
for purposes of Item 1122 of Regulation AB, nor does it perform the functions
of a servicer for purposes of the definition of "servicer" under Item 1101 of
Regulation AB or for purposes of Item 1123 of Regulation AB.

 The operating advisor under a pooling and
servicing agreement represents the interests of senior certificateholders in
the transaction governed by such pooling and servicing agreement and is
responsible for monitoring the performance of the special servicer under such
pooling and servicing agreement and producing certain reports to
certificateholders relating to the resolution of the mortgage pool securitized
pursuant to such pooling and servicing agreement. The operating advisor under a
pooling and servicing agreement does not have any obligations with respect to
any other transaction and is solely obligated to perform loan reporting
functions with respect to the securitization governed by such pooling and
servicing agreement. Consequently, the operating advisor under an Outside
Pooling and Servicing Agreement neither participates in the servicing function
for purposes of Item 1122 of Regulation AB nor performs the functions of a
servicer for purposes of the definition of "servicer" under Item 1101 of
Regulation AB or for purposes of Item 1123 of Regulation AB. In addition, while
the operating advisor under a pooling and servicing agreement has certain
reporting obligations in respect of the related mortgage pool, it has no
obligation to collect or disburse funds in respect of the mortgage pool or to
administer any of the underlying mortgage loans. Consequently, the
operating advisor under a pooling and servicing agreement participates in the
servicing function for purposes of Item 1122 of Regulation AB, but is not
responsible for the "management or collection of the pool assets or making
allocations or distributions to holders of the asset-backed securities" within
the meaning of "servicer" under Item 1101 of Regulation AB and does not perform
the functions of a servicer for purposes of Item 1123 of Regulation AB.

The asset representations
reviewer under a pooling and servicing agreement has a limited obligation to
review certain delinquent mortgage loans after a specified delinquency
threshold has been met and the required percentage of certificateholders vote
to direct a review of such delinquent mortgage loans, and has no obligation to
collect or disburse funds in respect of the mortgage pool, to administer any of
the underlying mortgage loans or to perform any servicing function.
Consequently, the asset representations reviewer under a pooling and servicing
agreement does not participate in the servicing function for purposes of Item
1122 of Regulation AB, is not responsible for the "management or collection of
the pool assets or making allocations or distributions to holders of the
asset-backed securities" within the meaning of "servicer" under Item 1101 of
Regulation AB and does not perform the functions of a servicer for purposes of
Item 1123 of Regulation AB.

Situs Holdings, LLC is the current special servicer under the CSAIL 2015-C3
pooling and servicing agreement, with respect to the Charles River Plaza North
mortgage loan. On August 6, 2021, Aegon USA Realty Advisors, LLC was replaced
as special servicer under the CSAIL 2015-C3 pooling and servicing agreement and
was succeeded by Situs Holdings, LLC. Because Situs Holdings, LLC is not the
MSC 2015-UBS8 special servicer, is not affiliated with any sponsor and services
only the Charles River Plaza North mortgage loan, which constitutes less than
5% of the mortgage pool, Situs Holdings, LLC, as CSAIL 2015-C3 special
servicer, does not constitute a reporting "servicing function participant" for
purposes of Item 1122 of Regulation AB, as specified in the Instruction 3 to
Item 1122, and does not constitute a reporting "servicer" for purposes of Item
1123 of Regulation AB, as specified in the Instruction to Item 1123.

 Park Bridge Lender Services LLC is the current operating advisor under
the MSC 2015-UBS8 pooling and servicing agreement. In December 2019, Situs
Holdings, LLC resigned as operating advisor under the MSC 2015-UBS8 pooling and
servicing agreement and was succeeded by Park Bridge Lender Services LLC.

The WPC Department Store Portfolio mortgage loan, which was serviced pursuant
to the BACM 2015-UBS7 pooling and servicing agreement, ceased to be outstanding
following the disposition of the last related REO Property on July 25, 2022.

 In
addition, each of the following parties engaged the services of certain
servicing function participants and sub-servicers for the reporting period, as
set forth below:

master servicer under the MSBAM 2016-C29 pooling and servicing agreement,
pursuant to which the Gulfport Premium Outlets mortgage loan is serviced, and
the master servicer under the BACM 2016-UBS10 pooling and servicing agreement,
pursuant to which the Grove City Premium Outlets mortgage loan is serviced,
engaged the services of (i) CoreLogic Solutions, LLC as a servicing function
participant in respect of the Gulfport Premium Outlets mortgage loan and the Grove
City Premium Outlets mortgage loan for the reporting period, and (ii) Midland
Loan Services, a Division of PNC Bank, National Association, as a sub-servicer
in respect of the Gulfport Premium Outlets mortgage loan and the Grove City
Premium Outlets mortgage loan for the reporting period.

 On November 1, 2021, pursuant to the second
amended and restated servicing agreement attached hereto as Exhibit 99.11,
Computershare Trust Company, National Association was engaged to perform all or
virtually all of Wells Fargo Bank, National Association's roles as certificate
administrator, custodian and trustee, as applicable, under (i) the pooling and
servicing agreement and (ii) each Outside Pooling and Servicing Agreement.

 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.

 Not

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

 No
entity or group of affiliated entities provides any enhancement or other
support for the certificates 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 for
the certificates as described under Item 1115 of Regulation AB.

 Item
1117 of Regulation AB, Legal Proceedings.

 The
registrant knows of no legal proceeding pending against the sponsors,
depositor, trustee, issuing entity, servicer contemplated by Item 1108(a)(3) of
Regulation AB, originator contemplated by Item 1110(b) of Regulation AB, or
other party contemplated by Item 1100(d)(1) of Regulation AB, or of which any
property of the foregoing is the subject, that is material to security holders,
other than as follows:

 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 provided previously in an annual
report on Form 10-K of the issuing entity or in the prospectus of the issuing
entity filed in a 424(b)(5) filing dated December 15, 2015.

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

 The
reports on assessment of compliance with the servicing criteria for
asset-backed securities and the related attestation reports on such assessments
of compliance are attached hereto under Item 15.

 Item
1123 of Regulation AB, Servicer Compliance Statement.

 The
servicer compliance statements are attached hereto under Item 15.

 Item
15. Exhibits, Financial Statement Schedules.

 (a) Exhibits.

 (4.1)
 Pooling and Servicing Agreement, dated as of December
1, 2015, between Morgan Stanley Capital I Inc., as depositor, Midland Loan
Services, a Division of PNC Bank, National Association, as master servicer,
Rialto Capital Advisors, LLC, as special servicer, Situs Holdings, LLC, as
trust advisor, and Wells Fargo Bank, National Association, as trustee,
certificate administrator, certificate registrar, authenticating agent and
custodian (filed as Exhibit 4.1 to the registrant's Current Report on Form
8-K/A filed on December 16, 2015 under SEC File No. 333-180779-21 and

 (4.2)
 Pooling and Servicing Agreement, dated as of August 1,
2015, between Credit Suisse First Boston Mortgage Securities Corp., as
depositor, Midland Loan Services, a Division of PNC Bank, National Association,
as master servicer, Rialto Capital Advisors, LLC, as special servicer,
Pentalpha Surveillance LLC, as operating advisor, Wells Fargo Bank, National
Association, as certificate administrator, and Wells Fargo Bank, National
Association, as trustee, relating to the CSAIL 2015-C3 securitization
transaction, pursuant to which the Cape May Hotels Mortgage Loan and the
Charles River North Mortgage Loan are serviced (filed as Exhibit 4.3 to the
registrant's Current Report on Form 8-K filed on December 15, 2015 under SEC
File No. 333-180779-21 and incorporated by reference herein).

 (4.3)
 Pooling and Servicing Agreement, dated as of May 1,
2016, between Morgan Stanley Capital I Inc., as depositor, Wells Fargo Bank,
National Association, as master servicer, Rialto Capital Advisors, LLC, as
special servicer, Park Bridge Lender Services LLC, as operating advisor and
asset representations reviewer, Wells Fargo Bank, National Association, as
custodian, certificate administrator, certificate registrar and authenticating
agent, and Wilmington Trust, National Association, as trustee., relating to the
MSBAM 2016-C29 securitization transaction, pursuant to which the Gulfport
Premium Outlets Mortgage Loan is serviced (filed as Exhibit 4.4 to the
registrant's Current Report on Form 8-K filed on May 11, 2016 under SEC File
No. 333-180779-21 and incorporated by reference herein).

 (4.4)
 Pooling and Servicing Agreement, dated as of June 1,
2016, between Banc of America Merrill Lynch Commercial Mortgage Inc., as
depositor, Wells Fargo Bank, National Association, as master servicer, Rialto
Capital Advisors, LLC, as special servicer, Park Bridge Lender Services LLC, as
operating advisor and asset representations reviewer, Wells Fargo Bank,
National Association, as custodian, certificate administrator, certificate
registrar and authenticating agent, and Wilmington Trust, National Association,
as trustee., relating to the BACM 2016-UBS10 securitization transaction,
pursuant to which the Grove City Premium Outlets Mortgage Loan is serviced
(filed as Exhibit 4.5 to the registrant's Current Report on Form 8-K filed on
June 13, 2016 under SEC File No. 333-180779-21 and incorporated by reference
herein).

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

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

 33.1
Certificate Administrator

 33.2
as Servicing Function Participant for the Certificate Administrator

 33.3
Custodian

 33.4
as Servicing Function Participant for the Custodian

 33.5
National Association, as Master Servicer

 33.6

 33.7
 Park Bridge Lender Services LLC, as Operating
Advisor

 33.8
Servicer under the BACM 2016-UBS10 securitization, pursuant to which the

 33.9
National Association, as Sub-Servicer under the BACM 2016-UBS10 securitization,
Grove City Premium Outlets (from 1/1/24 to 12/31/24) (see exhibit 33.5)

 33.10
 CoreLogic Solutions, LLC, as Servicing Function
Participant under the BACM 2016-UBS10 securitization, pursuant to which the

 33.11
Servicer under the MSBAM 2016-C29 securitization, pursuant to which the
(from 1/1/24 to 12/31/24) (see exhibit 33.8)

 33.12
National Association, as Sub-Servicer under the MSBAM 2016-C29 securitization,
Gulfport Premium Outlets (from 1/1/24 to 12/31/24) (see exhibit 33.5)

 33.13
 CoreLogic Solutions, LLC, as Servicing Function
Participant under the MSBAM 2016-C29 securitization, pursuant to which the
(from 1/1/24 to 12/31/24) (see exhibit 33.10)

 33.14
National Association, as Master Servicer under the CSAIL 2015-C3
securitization, pursuant to which the following mortgage loans were serviced by
such party: Cape May Hotels (from 1/1/24 to 12/31/24) and Charles River Plaza
North (from 1/1/24 to 12/31/24) (see exhibit 33.5)

 33.15
under the BACM 2016-UBS10 securitization, pursuant to which the following
mortgage loans were serviced by such party: Grove City Premium Outlets (from
1/1/24 to 12/31/24) (see Exhibit 33.6)

 33.16
under the MSBAM 2016-C29 securitization, pursuant to which the following
mortgage loans were serviced by such party: Gulfport Premium Outlets (from
1/1/24 to 12/31/24) (see exhibit 33.6)

 33.17
under the CSAIL 2015-C3 securitization, pursuant to which the following
mortgage loans were serviced by such party: Cape May Hotels (from 1/1/24 to
12/31/24) (see exhibit 33.6)

 33.18
Custodian under the BACM 2016-UBS10 securitization, pursuant to which the
Outlets (from 1/1/24 to 12/31/24) (see exhibit 33.3)

 33.19
as Servicing Function Participant under the BACM 2016-UBS10 securitization,
Grove City Premium Outlets (from 1/1/24 to 12/31/24) (see exhibit 33.4)

 33.20
Custodian under the MSBAM 2016-C29 securitization, pursuant to which the
(from 1/1/24 to 12/31/24) (see exhibit 33.3)

 33.21
as Servicing Function Participant under the MSBAM 2016-C29 securitization,
Gulfport Premium Outlets (from 1/1/24 to 12/31/24) (see exhibit 33.4)

 33.22
Custodian under the CSAIL 2015-C3 securitization, pursuant to which the
following mortgage loans were serviced by such party: Cape May Hotels (from
1/1/24 to 12/31/24) and Charles River Plaza North (from 1/1/24 to 12/31/24)
(see exhibit 33.3)

 33.23
as Servicing Function Participant under the CSAIL 2015-C3 securitization,
Cape May Hotels (from 1/1/24 to 12/31/24) and Charles River Plaza North (from
1/1/24 to 12/31/24) (see exhibit 33.4)

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

 34.1
Certificate Administrator

 34.2
as Servicing Function Participant for the Certificate Administrator

 34.3
Custodian

 34.4
as Servicing Function Participant for the Custodian

 34.5
National Association, as Master Servicer

 34.6

 34.7
 Park Bridge Lender Services LLC, as Operating
Advisor

 34.8
Servicer under the BACM 2016-UBS10 securitization, pursuant to which the

 34.9
National Association, as Sub-Servicer under the BACM 2016-UBS10 securitization,
Grove City Premium Outlets (from 1/1/24 to 12/31/24) (see exhibit 34.5)

 34.10
 CoreLogic Solutions, LLC, as Servicing Function
Participant under the BACM 2016-UBS10 securitization, pursuant to which the

 34.11
Servicer under the MSBAM 2016-C29 securitization, pursuant to which the
(from 1/1/24 to 12/31/24) (see exhibit 34.8)

 34.12
National Association, as Sub-Servicer under the MSBAM 2016-C29 securitization,
Gulfport Premium Outlets (from 1/1/24 to 12/31/24) (see exhibit 34.5)

 34.13
 CoreLogic Solutions, LLC, as Servicing Function
Participant under the MSBAM 2016-C29 securitization, pursuant to which the
(from 1/1/24 to 12/31/24) (see exhibit 34.10)

 34.14
National Association, as Master Servicer under the CSAIL 2015-C3
securitization, pursuant to which the following mortgage loans were serviced by
such party: Cape May Hotels (from 1/1/24 to 12/31/24) and Charles River Plaza
North (from 1/1/24 to 12/31/24) (see exhibit 34.5)

 34.15
under the BACM 2016-UBS10 securitization, pursuant to which the following
mortgage loans were serviced by such party: Grove City Premium Outlets (from
1/1/24 to 12/31/24) (see Exhibit 34.6)

 34.16
under the MSBAM 2016-C29 securitization, pursuant to which the following
mortgage loans were serviced by such party: Gulfport Premium Outlets (from
1/1/24 to 12/31/24) (see exhibit 34.6)

 34.17
under the CSAIL 2015-C3 securitization, pursuant to which the following
mortgage loans were serviced by such party: Cape May Hotels (from 1/1/24 to
12/31/24) (see exhibit 34.6)

 34.18
Custodian under the BACM 2016-UBS10 securitization, pursuant to which the
Outlets (from 1/1/24 to 12/31/24) (see exhibit 34.3)

 34.19
as Servicing Function Participant under the BACM 2016-UBS10 securitization,
Grove City Premium Outlets (from 1/1/24 to 12/31/24) (see exhibit 34.4)

 34.20
Custodian under the MSBAM 2016-C29 securitization, pursuant to which the
(from 1/1/24 to 12/31/24) (see exhibit 34.3)

 34.21
as Servicing Function Participant under the MSBAM 2016-C29 securitization,
Gulfport Premium Outlets (from 1/1/24 to 12/31/24) (see exhibit 34.4)

 34.22
Custodian under the CSAIL 2015-C3 securitization, pursuant to which the
following mortgage loans were serviced by such party: Cape May Hotels (from
1/1/24 to 12/31/24) and Charles River Plaza North (from 1/1/24 to 12/31/24)
(see exhibit 34.3)

 34.23
as Servicing Function Participant under the CSAIL 2015-C3 securitization,
Cape May Hotels (from 1/1/24 to 12/31/24) and Charles River Plaza North (from
1/1/24 to 12/31/24) (see exhibit 34.4)

 (35) Servicer
compliance statement.

 35.1
Certificate Administrator

 35.2
as Servicing Function Participant for the Certificate Administrator

 35.3
Custodian

 35.4
as Servicing Function Participant for the Custodian

 35.5
National Association, as Master Servicer

 35.6

 35.7
Servicer under the BACM 2016-UBS10 securitization, pursuant to which the

 35.8
National Association, as Sub-Servicer under the BACM 2016-UBS10 securitization,
Grove City Premium Outlets (from 1/1/24 to 12/31/24) (see exhibit 35.5)

 35.9
Servicer under the MSBAM 2016-C29 securitization, pursuant to which the
(from 1/1/24 to 12/31/24) (see exhibit 35.7)

 35.10
National Association, as Sub-Servicer under the MSBAM 2016-C29 securitization,
Gulfport Premium Outlets (from 1/1/24 to 12/31/24) (see exhibit 35.5)

 35.11
National Association, as Master Servicer under the CSAIL 2015-C3
securitization, pursuant to which the following mortgage loans were serviced by
such party: Cape May Hotels (from 1/1/24 to 12/31/24) and Charles River Plaza
North (from 1/1/24 to 12/31/24) (see exhibit 35.5)

 35.12
under the BACM 2016-UBS10 securitization, pursuant to which the following
mortgage loans were serviced by such party: Grove City Premium Outlets (from
1/1/24 to 12/31/24) (see exhibit 35.6)

 35.13
under the MSBAM 2016-C29 securitization, pursuant to which the following
mortgage loans were serviced by such party: Gulfport Premium Outlets (from
1/1/24 to 12/31/24) (see exhibit 35.6)

 35.14
under the CSAIL 2015-C3 securitization, pursuant to which the following
mortgage loans were serviced by such party: Cape May Hotels (from 1/1/24 to
12/31/24) (see exhibit 35.6)

 35.15
Custodian under the BACM 2016-UBS10 securitization, pursuant to which the
Outlets (from 1/1/24 to 12/31/24) (see exhibit 35.3)

 35.16
as Servicing Function Participant under the BACM 2016-UBS10 securitization,
Grove City Premium Outlets (from 1/1/24 to 12/31/24) (see exhibit 35.4)

 35.17
Custodian under the MSBAM 2016-C29 securitization, pursuant to which the
(from 1/1/24 to 12/31/24) (see exhibit 35.3)

 35.18
as Servicing Function Participant under the MSBAM 2016-C29 securitization,
Gulfport Premium Outlets (from 1/1/24 to 12/31/24) (see exhibit 35.4)

 35.19
Custodian under the CSAIL 2015-C3 securitization, pursuant to which the
following mortgage loans were serviced by such party: Cape May Hotels (from
1/1/24 to 12/31/24) and Charles River Plaza North (from 1/1/24 to 12/31/24)
(see exhibit 35.3)

 35.20
as Servicing Function Participant under the CSAIL 2015-C3 securitization,
Cape May Hotels (from 1/1/24 to 12/31/24) and Charles River Plaza North (from
1/1/24 to 12/31/24) (see exhibit 35.4)

 (99.1) Mortgage
Loan Purchase Agreement, dated December 2, 2015, between Morgan Stanley Capital
I Inc. and UBS Real Estate Securities Inc. (filed as Exhibit 99.1 to the
registrant's Current Report on Form 8-K filed on December 15, 2015 under SEC
File No. 333-180779-21 and incorporated by reference herein).

 (99.2) Mortgage
Loan Purchase Agreement, dated December 2, 2015, between Morgan Stanley Capital
I Inc. and Bank of America, National Association (filed as Exhibit 99.2 to the
registrant's Current Report on Form 8-K filed on December 15, 2015 under SEC
File No. 333-180779-21 and incorporated by reference herein).

 (99.3) Mortgage
Loan Purchase Agreement, dated December 2, 2015, between Morgan Stanley Capital
I Inc. and Morgan Stanley Mortgage Capital Holdings LLC (filed as Exhibit 99.3
to the registrant's Current Report on Form 8-K filed on December 15, 2015 under
SEC File No. 333-180779-21 and incorporated by reference herein).

 (99.4) Agreement
Between Note Holders, dated as of August 18, 2015, between UBS Real Estate
Securities Inc., as Initial Note A-1 Holder, UBS Real Estate Securities Inc.,
as Initial Note A-2 Holder, and UBS Real Estate Securities Inc., as Initial
Note A-3 Holder, relating to the WPC Department Store Portfolio loan
combination (filed as Exhibit 99.4 to the registrant's Current Report on Form
8-K filed on December 15, 2015 under SEC File No. 333-180779-21 and

 (99.5) Agreement
Between Note Holders, dated as of August 18, 2015, between UBS Real Estate
Securities Inc., as Initial Note A-1 Holder, and UBS Real Estate Securities
Inc., as Initial Note A-2 Holder, relating to the Cape May Hotels loan
combination (filed as Exhibit 99.5 to the registrant's Current Report on Form
8-K filed on December 15, 2015 under SEC File No. 333-180779-21 and

 (99.6) Agreement
Between Note Holders, dated as of September 15, 2015, between Wells Fargo Bank,
National Association, as trustee for the benefit of the holders of the CSAIL
2015-C3 Mortgage Trust commercial mortgage pass-through certificates, as Note
A-1 Holder and Note A-2 Holder, UBS Real Estate Securities Inc., as Note A-3-1
Holder and Note A-3-2 Holder, and Prima Mortgage Investment Trust, LLC, as
Junior Noteholder, relating to the Charles River Plaza North loan combination
(filed as Exhibit 99.6 to the registrant's Current Report on Form 8-K filed on
December 15, 2015 under SEC File No. 333-180779-21 and incorporated by
reference herein).

 (99.7) Agreement
Between Note Holders, dated as of December 15, 2015, between UBS Real Estate
Securities Inc., as Initial Note A-1 Holder, UBS Real Estate Securities Inc.,
as Initial Note A-2 Holder, UBS Real Estate Securities Inc., as Initial Note
A-3 Holder, and UBS Real Estate Securities Inc., as Initial Note A-4 Holder,
relating to the 525 Seventh Avenue loan combination (filed as Exhibit 99.7 to
the registrant's Current Report on Form 8-K/A filed on December 16, 2015 under
SEC File No. 333-180779-21 and incorporated by reference herein), as amended
and restated pursuant to that certain Amended and Restated Agreement Between
Note Holders, dated as of March 8, 2016, between UBS Real Estate Securities
Inc., as Initial Note A-1 Holder, Wells Fargo Bank, National Association, as
trustee for the benefit of the holders of the Morgan Stanley Capital I Trust
2015-UBS8, Commercial Mortgage Pass-Through Certificates, Series 2015-UBS8, as
Initial Note A-2 Holder, UBS Real Estate Securities Inc., as Initial Note A-3
Holder, UBS Real Estate Securities Inc., and as Initial Note A-4 Holder (filed
as Exhibit 99.12 to the registrant's Current Report on Form 8-K filed on March
14, 2016 under SEC File No. 333-180779-21 and incorporated by reference
herein).

 (99.8) Agreement
Between Note Holders, dated as of November 5, 2015, between UBS Real Estate
Securities Inc., as Initial Note A-1 Holder, UBS Real Estate Securities Inc.,
as Initial Note A-2 Holder, UBS Real Estate Securities Inc., as Initial Note
A-3 Holder, and Bank of America, N.A., as Initial Note A-4 Holder, relating to
the Ellenton Premium Outlets loan combination (filed as Exhibit 99.8 to the
registrant's Current Report on Form 8-K/A filed on December 16, 2015 under SEC
File No. 333-180779-21 and incorporated by reference herein).

 (99.9) Agreement
Between Note Holders, dated as of November 5, 2015, between UBS Real Estate
Securities Inc., as Initial Note A-1 Holder, UBS Real Estate Securities Inc.,
as Initial Note A-2 Holder, UBS Real Estate Securities Inc., as Initial Note
A-3 Holder, UBS Real Estate Securities Inc., as Initial Note A-4 Holder, and
Bank of America, N.A., as Initial Note A-5 Holder, relating to the Grove City
Premium Outlets loan combination (filed as Exhibit 99.9 to the registrant's
Current Report on Form 8-K/A filed on December 16, 2015 under SEC File
No.333-180779-21 and incorporated by reference herein), as amended and restated
pursuant to that certain Amended and Restated Agreement Between Note Holders,
dated as of March 8, 2016, between Wells Fargo Bank, National Association, as
trustee for the benefit of the holders of the Morgan Stanley Capital I Trust
2015-UBS8, Commercial Mortgage Pass-Through Certificates, Series 2015-UBS8, as
Initial Note A-1 Holder, UBS Real Estate Securities Inc., as Initial Note A-2
Holder, UBS Real Estate Securities Inc., as Initial Note A-3 Holder, UBS Real
Estate Securities Inc., as Initial Note A-4 Holder, and Bank of America, N.A.,
as Initial Note A-5 Holder (filed as Exhibit 99.11 to the registrant's Current
Report on Form 8-K filed on March 14, 2016 under SEC File No. 333-180779-21 and

 (99.10) Agreement
Between Note Holders, dated as of November 5, 2015, between Bank of America,
N.A., as Initial Note A-1 Holder, UBS Real Estate Securities Inc., as Initial
Note A-2 Holder, and UBS Real Estate Securities Inc., as Initial Note A-3
Holder, relating to the Gulfport Premium Outlets loan combination (filed as
Exhibit 99.10 to the registrant's Current Report on Form 8-K/A filed on
December 16, 2015 under SEC File No. 333-180779-21 and incorporated by
reference herein).

 (99.11) Second
Amended and Restated Servicing Agreement, effective as of October 31, 2021,
between Wells Fargo Bank, N.A., Wells Fargo Delaware Trust Company, N.A.,
Computershare Trust Company, N.A., Computershare Delaware Trust Company and
Computershare Limited (filed as Exhibit 99.1 to the registrant's Current Report
on Form 8-K filed on November 5, 2021 under SEC File No. 333-180779-21 and

 (b)
See (a) 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.

 Morgan
Stanley Capital I Inc.

 (Depositor)

 By:
/s/ Jane Lam

 Jane
Lam, President

 (senior
officer in charge of securitization of the depositor)

 Date:
March 25, 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

 //
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: 333-180779-16

 Central Index Key Number of the issuing entity:
0001642727

 Morgan Stanley Bank of America Merrill Lynch Trust
2015-C23

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

 Central Index Key Number of the depositor: 0001547361

 Morgan Stanley Capital I Inc.

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

 Central Index Key Number of the sponsor: 0001541557

 Morgan Stanley Mortgage Capital Holdings LLC

 (exact names of the sponsors as specified in their
charters)

 Central Index Key Number of the sponsor: 0001102113

 Bank of America, National Association

 (exact names of the sponsors as specified in their
charters)

 Central Index Key Number of the sponsor: 0001548567

 CIBC Inc.

 (exact names of the sponsors as specified in their
charters)

 Central Index Key Number of the sponsor: 0001682532

 Starwood Mortgage Funding III LLC

 (exact names of the sponsors as specified in their
charters)

 New York

 38 3971658

 38 3971659

 38 3971660

 38 7135412

 (State or other jurisdiction of incorporation or
 organization)

 (I.R.S. Employer Identification Numbers)

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

 Wells Fargo Bank, National
Association

 9062 Old Annapolis Road

 Columbia, MD

 (Address of principal
executive offices)

 21045

 (Zip Code)

 Telephone number,
including area code:

 (667) 786 1992

 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.

by check mark if the registrant is a well-known seasoned issuer, as defined in
Rule 405 of the Securities Act.

 Yes
___ No X

by check mark if the registrant is not required to file reports pursuant to
Section 13 or Section 15(d) of the Act.

 Yes
___ No X

 Note
- Checking the box above will not relieve any registrant required to file
reports pursuant to Section 13 or 15(d) of the Exchange Act from their
obligations under those Sections.

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
X No ___

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).

 Not

by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, a smaller reporting company, or
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 ___

Accelerated filer ___

Non-accelerated filer X (Do not check if a smaller reporting company)

Smaller reporting company ___

 Emerging
growth company ___

 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 Ex change Act.

 Not

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.

 Not

 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.

 Not

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).

 Not

by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Act).

 Yes
___ No X

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

 Not

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.

 Not

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

 Not

 DOCUMENTS
INCORPORATED BY REFERENCE

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

 Not

 EXPLANATORY NOTES

 The
MSBAM 2015-C23 mortgage pool includes the following mortgage loans, each of
which is serviced pursuant to a separate pooling and servicing agreement (each,
an "Outside Pooling and Servicing Agreement"):

• the TKG 3 Retail Portfolio mortgage loan, which is serviced pursuant to the
MSC 2015-MS1 pooling and servicing agreement attached hereto as Exhibit 4.3;
and

• the Hilton Garden Inn W 54th Street mortgage loan, which is serviced pursuant
to the MSBAM 2015-C22 pooling and servicing agreement attached hereto as
Exhibit 4.2.

Except as set forth below, each of the parties to each pooling and servicing
agreement listed in the Exhibit Index both (1) participates in the servicing
function for purposes of Item 1122 of Regulation AB and (2) constitutes a
servicer that meets the criteria in Item 1108(a)(2)(i) through (iii) of
Regulation AB for purposes of Item 1123 of Regulation AB:

 • The trustee under
a pooling and servicing agreement has a nominal role with respect to the
mortgage pool securitized pursuant to such pooling and servicing agreement. The
trustee's only servicing function is the contingent obligation to make certain
advances if the master servicer under such pooling and servicing agreement
fails to do so, while all other servicing functions are performed by other
parties. The trustee under each of the pooling and servicing agreements listed
in the Exhibit Index has confirmed to the registrant that it has not made any
such contingent advances during the reporting period, and consequently, each
such trustee does not participate in the servicing function for purposes of
Item 1122 of Regulation AB, nor does it perform the functions of a servicer for
purposes of the definition of "servicer" under Item 1101 of Regulation AB or
for purposes of Item 1123 of Regulation AB.

 • The certificate
administrator under a pooling and servicing agreement performs various payment
administration functions solely for the securitization governed by such pooling
and servicing agreement and the mortgage pool securitized pursuant to such pooling
and servicing agreement and does not have any obligations with respect to any
other transaction. Consequently, the certificate administrator under an Outside
Pooling and Servicing Agreement does not participate in the servicing function
for purposes of Item 1122 of Regulation AB, nor does it perform the functions
of a servicer for purposes of the definition of "servicer" under Item 1101 of
Regulation AB or for purposes of Item 1123 of Regulation AB.

 • The operating
advisor under a pooling and servicing agreement represents the interests of
senior certificateholders in the transaction governed by such pooling and
servicing agreement and is responsible for monitoring the performance of the
special servicer under such pooling and servicing agreement and producing
certain reports to certificateholders relating to the resolution of the
mortgage pool securitized pursuant to such pooling and servicing agreement. The
operating advisor under a pooling and servicing agreement does not have any
obligations with respect to any other transaction and is solely obligated to
perform loan reporting functions with respect to the securitization governed by
such pooling and servicing agreement. Consequently, the operating advisor
under an Outside Pooling and Servicing Agreement neither participates in the
servicing function for purposes of Item 1122 of Regulation AB nor performs the
functions of a servicer for purposes of the definition of "servicer" under Item
1101 of Regulation AB or for purposes of Item 1123 of Regulation AB. In
addition, while the operating advisor under a pooling and servicing agreement
has certain reporting obligations in respect of the related mortgage pool, it
has no obligation to collect or disburse funds in respect of the mortgage pool
or to administer any of the underlying mortgage loans. Consequently, the
operating advisor under a pooling and servicing agreement participates in the
servicing function for purposes of Item 1122 of Regulation AB, but is not
responsible for the "management or collection of the pool assets or making
allocations or distributions to holders of the asset-backed securities" within
the meaning of "servicer" under Item 1101 of Regulation AB and does not perform
the functions of a servicer for purposes of Item 1123 of Regulation AB.

 • Midland Loan
Services, a Division of PNC Bank, National Association is the master servicer
under the MSC 2015-MS1 pooling and servicing agreement, pursuant to which the
TKG 3 Retail Portfolio mortgage loan is serviced. Because Midland Loan
Services, a Division of PNC Bank, National Association is not the MSBAM
2015-C23 master servicer, is not affiliated with any sponsor and services only
the TKG 3 Retail Portfolio mortgage loan, which constitutes more than 5% but
less than 10% of the mortgage pool, Midland Loan Services, a Division of PNC
Bank, National Association, as MSC 2015-MS1 master servicer constitutes a
reporting "servicing function participant" for purposes of Item 1122 of
Regulation AB, as specified in the Instruction 3 to Item 1122, but does not
constitute a reporting "servicer" for purposes of Item 1123 of Regulation AB,
as specified in the Instruction to Item 1123.

 • The US
StorageMart Portfolio mortgage loan, which was serviced pursuant to the CGBAM
2015-SMRT trust and servicing agreement, was repaid in full in 2020.

 • LNR Partners, LLC
is the current special servicer under the MSC 2015-MS1 pooling and servicing
agreement, pursuant to which the TKG 3 Retail Portfolio mortgage loan is
serviced. On September 28, 2022, Midland Loan Services, a Division of PNC Bank,
National Association was replaced as special servicer under the MSC 2015-MS1
pooling and servicing agreement and was succeeded by LNR Partners, LLC.

 • Midland Loan
Services, a Division of PNC Bank, National Association is the special servicer
under the MSBAM 2015-C22 pooling and servicing agreement, pursuant to which the
Hilton Garden Inn W 54th Street mortgage loan is serviced. On September 28,
2022, Midland Loan Services, a Division of PNC Bank, National Association was
replaced as special servicer under the MSBAM 2015-C22 pooling and servicing
agreement and was succeeded by LNR Partners, LLC. Midland Loan Services, a
Division of PNC Bank, National Association remains the special servicer under
the MSBAM 2015-C22 pooling and servicing agreement solely with respect to the
Hilton Garden Inn W 54th Street mortgage loan. Because Midland Loan Services, a
Division of PNC Bank, National Association is not the MSBAM 2015-C23 special
servicer, is not affiliated with any sponsor and services only the Hilton
Garden Inn W 54th Street mortgage loan, which constitutes more than 5% but less
than 10% of the mortgage pool, Midland Loan Services, a Division of PNC Bank, National
Association, as MSBAM 2015-C22 special servicer with respect to the Hilton
Garden Inn W 54th Street mortgage loan constitutes a reporting "servicing
function participant" for purposes of Item 1122 of Regulation AB, as specified
in the Instruction 3 to Item 1122, but does not constitute a reporting
"servicer" for purposes of Item 1123 of Regulation AB, as specified in the
Instruction to Item 1123.

 • LNR Partners, LLC is the general special
servicer under the MSBAM 2015-C22 pooling and servicing agreement. LNR
Partners, LLC, as general special servicer under the MSBAM 2015-C22 pooling and
servicing agreement, has no obligations with respect to the Hilton Garden Inn W
54th Street mortgage loan or any mortgage loan included in the MSBAM 2015-C23
mortgage pool and therefore does not constitute a reporting "servicing function
participant" for purposes of Item 1122 of Regulation AB, as specified in the
Instruction 3 to Item 1122, and does not constitute a reporting "servicer" for
purposes of Item 1123 of Regulation AB, as specified in the Instruction to Item
1123.

 In
addition, each of the following parties engaged the services of certain
servicing function participants and sub-servicers for the reporting period, as
set forth below:

• Wells Fargo Bank, National Association, as master servicer and excluded
special servicer, engaged the services of (i) CoreLogic Solutions, LLC as a
servicing function participant in respect of the entire mortgage pool for the
reporting period, and (ii) Berkadia Commercial Mortgage LLC, as servicing
function participant during the reporting period.

 • Wells Fargo Bank, National Association,
as master servicer under the MSBAM 2015-C22 pooling and servicing agreement,
pursuant to which the Hilton Garden Inn W 54th Street mortgage loan is
serviced, engaged the services of CoreLogic Solutions, LLC as a servicing
function participant in respect of the Hilton Garden Inn W 54th Street mortgage
loan for the reporting period.

 • On November 1, 2021, pursuant to the
second amended and restated servicing agreement attached hereto as Exhibit
99.5, Computershare Trust Company, National Association was engaged to perform
all or virtually all of Wells Fargo Bank, National Association's roles as
certificate administrator, custodian and trustee, as applicable, under (i) the
pooling and servicing agreement and (ii) each Outside Pooling and Servicing
Agreement.

 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.

 Not

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

 No
entity or group of affiliated entities provides any enhancement or other
support for the certificates 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 for
the certificates as described under Item 1115 of Regulation AB.

 Item
1117 of Regulation AB, Legal Proceedings.

 The registrant knows of no
legal proceeding pending against the sponsors, depositor, trustee, issuing
entity, servicer contemplated by Item 1108(a)(3) of Regulation AB, originator
contemplated by Item 1110(b) of Regulation AB, or other party contemplated by
Item 1100(d)(1) of Regulation AB, or of which any property of the foregoing is
the subject, that is material to security holders, other than as follows:

 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 provided previously in an annual
report on Form 10-K of the issuing entity or in the prospectus of the issuing
entity filed in a 424(b)(5) filing dated June 18, 2015.

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

 The
reports on assessment of compliance with the servicing criteria for
asset-backed securities and the related attestation reports on such assessments
of compliance are attached hereto under Item 15.

 Item
1123 of Regulation AB, Servicer Compliance Statement.

 The
servicer compliance statements are attached hereto under Item 15.

 Item
15. Exhibits, Financial Statement Schedules.

 (a) Exhibits.

 (4.1)
 Pooling and Servicing Agreement, dated as of June 1,
2015, between Morgan Stanley Capital I Inc., as depositor, Wells Fargo Bank,
National Association, as master servicer, LNR Partners, LLC, as general special
servicer, Wells Fargo Bank, National Association, as excluded mortgage loan
special servicer, Pentalpha Surveillance LLC, as trust advisor, Wilmington
Trust, National Association, as trustee, and Wells Fargo Bank, National
Association, as custodian, certificate administrator, certificate registrar and
authenticating agent (filed as Exhibit 4.1 to the registrant's Current Report
on Form 8-K/A filed on June 24, 2015 under SEC File No. 333-180779-16 and
incorporated by reference herein).

 (4.2)
 Pooling and Servicing Agreement, dated as of April 1,
2015, between Morgan Stanley Capital I Inc., as depositor, Wells Fargo Bank,
National Association, as master servicer, Midland Loan Services, a Division of
PNC Bank, National Association, as special servicer, Park Bridge Lender
Services LLC, as trust advisor, Wilmington Trust, National Association, as
trustee, and Wells Fargo Bank, National Association, as certificate
administrator, certificate registrar, authenticating agent and custodian,
relating to the MSBAM 2015-C22 securitization transaction, pursuant to which
the Hilton Garden Inn W 54th Street Mortgage Loan is serviced (filed as Exhibit
4.2 to the registrant's Current Report on Form 8-K filed on June 18, 2015 under
SEC File No. 333-180779-16 and incorporated by reference herein).

 (4.3)
 Pooling and Servicing Agreement, dated as of July 1,
2015, between Morgan Stanley Capital I Inc., as depositor, Midland Loan
Services, a Division of PNC Bank, National Association, as master servicer and
special servicer, Park Bridge Lender Services LLC, as trust advisor, and Wells
Fargo Bank, National Association, as trustee, custodian, certificate
administrator, certificate registrar and authenticating agent, relating to the
MSC 2015-MS1 securitization transaction, pursuant to which the TKG3 Retail Portfolio
Mortgage Loan is serviced (filed as Exhibit 4.1 to the registrant's Current
Report on Form 8-K filed on July 21, 2015 under SEC File No. 333-180779-16 and
incorporated by reference herein).

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

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

 33.1
Certificate Administrator

 33.2
as Servicing Function Participant for the Certificate Administrator

 33.3
Custodian

 33.4
as Servicing Function Participant for the Custodian

 33.5
Servicer

 33.6
 LNR Partners, LLC, as Special Servicer

 33.7
 Pentalpha Surveillance LLC, as Operating Advisor

 33.8
 Wells Fargo Bank, National Association, as Excluded
Special Servicer (See exhibit 33.5)

 33.9
 CoreLogic Solutions, LLC, as Servicing Function
Participant

 33.10
 Berkadia Commercial Mortgage LLC, as Servicing
Function Participant

 33.11
 Midland Loan Services, a Division of PNC Bank,
National Association, as Master Servicer under the MSC 2015-MS1 securitization,
3 Retail Portfolio (from 1/1/24 to 12/31/24)

 33.12
Servicer under the MSBAM 2015-C22 securitization, pursuant to which the
Street (from 1/1/24 to 12/31/24) (See exhibit 33.5)

 33.13
 CoreLogic Solutions, LLC, as Servicing Function
Participant under the MSBAM 2015-C22 securitization, pursuant to which the
Street (from 1/1/24 to 12/31/24) (See exhibit 33.9)

 33.14
 LNR Partners, LLC, as Special Servicer under the
MSC 2015-MS1 securitization, pursuant to which the following mortgage loans
were serviced by such party: TKG 3 Retail Portfolio (from 1/1/24 to 12/31/24)
(See exhibit 33.6)

 33.15
 Midland Loan Services, a Division of PNC Bank,
National Association, as Special Servicer under the MSBAM 2015-C22
securitization, pursuant to which the following mortgage loans were serviced by
such party: Hilton Garden Inn W 54th Street (from 1/1/24 to 12/31/24) (See
exhibit 33.11)

 33.16
Custodian under the MSC 2015-MS1 securitization, pursuant to which the
following mortgage loans were serviced by such party: TKG 3 Retail Portfolio
(from 1/1/24 to 12/31/24) (See exhibit 33.3)

 33.17
as Servicing Function Participant under the MSC 2015-MS1 securitization,
3 Retail Portfolio (from 1/1/24 to 12/31/24) (See exhibit 33.4)

 33.18
Custodian under the MSBAM 2015-C22 securitization, pursuant to which the
Street (from 1/1/24 to 12/31/24) (See exhibit 33.3)

 33.19
as Servicing Function Participant under the MSBAM 2015-C22 securitization,
pursuant to which the following mortgage loans were serviced by such party:
Hilton Garden Inn W 54th Street (from 1/1/24 to 12/31/24) (See exhibit 33.4)

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

 34.1
Certificate Administrator

 34.2
as Servicing Function Participant for the Certificate Administrator

 34.3
Custodian

 34.4
as Servicing Function Participant for the Custodian

 34.5
Servicer

 34.6
 LNR Partners, LLC, as Special Servicer

 34.7
 Pentalpha Surveillance LLC, as Operating Advisor

 34.8
 Wells Fargo Bank, National Association, as Excluded
Special Servicer (See exhibit 34.5)

 34.9
 CoreLogic Solutions, LLC, as Servicing Function
Participant

 34.10
 Berkadia Commercial Mortgage LLC, as Servicing
Function Participant

 34.11
 Midland Loan Services, a Division of PNC Bank,
National Association, as Master Servicer under the MSC 2015-MS1 securitization,
3 Retail Portfolio (from 1/1/24 to 12/31/24)

 34.12
Servicer under the MSBAM 2015-C22 securitization, pursuant to which the
Street (from 1/1/24 to 12/31/24) (See exhibit 34.5)

 34.13
 CoreLogic Solutions, LLC, as Servicing Function
Participant under the MSBAM 2015-C22 securitization, pursuant to which the
Street (from 1/1/24 to 12/31/24) (See exhibit 34.9)

 34.14
 LNR Partners, LLC, as Special Servicer under the
MSC 2015-MS1 securitization, pursuant to which the following mortgage loans
were serviced by such party: TKG 3 Retail Portfolio (from 1/1/24 to 12/31/24)
(See exhibit 34.6)

 34.15
 Midland Loan Services, a Division of PNC Bank,
National Association, as Special Servicer under the MSBAM 2015-C22
securitization, pursuant to which the following mortgage loans were serviced by
such party: Hilton Garden Inn W 54th Street (from 1/1/24 to 12/31/24) (See
exhibit 34.11)

 34.16
Custodian under the MSC 2015-MS1 securitization, pursuant to which the
following mortgage loans were serviced by such party: TKG 3 Retail Portfolio
(from 1/1/24 to 12/31/24) (See exhibit 34.3)

 34.17
as Servicing Function Participant under the MSC 2015-MS1 securitization,
3 Retail Portfolio (from 1/1/24 to 12/31/24) (See exhibit 34.4)

 34.18
Custodian under the MSBAM 2015-C22 securitization, pursuant to which the
Street (from 1/1/24 to 12/31/24) (See exhibit 34.3)

 34.19
as Servicing Function Participant under the MSBAM 2015-C22 securitization,
pursuant to which the following mortgage loans were serviced by such party:
Hilton Garden Inn W 54th Street (from 1/1/24 to 12/31/24) (See exhibit 34.4)

 (35) Servicer
compliance statement.

 35.1
Certificate Administrator

 35.2
as Servicing Function Participant for the Certificate Administrator

 35.3
Custodian

 35.4
as Servicing Function Participant for the Custodian

 35.5
Servicer

 35.6
 LNR Partners, LLC, as Special Servicer

 35.7
 Wells Fargo Bank, National Association, as Excluded
Special Servicer (See exhibit 35.5)

 35.8
Servicer under the MSBAM 2015-C22 securitization, pursuant to which the
Street (from 1/1/24 to 12/31/24) (See exhibit 35.5)

 35.9
 LNR Partners, LLC, as Special Servicer under the
MSC 2015-MS1 securitization, pursuant to which the following mortgage loans
were serviced by such party: TKG 3 Retail Portfolio (from 1/1/24 to 12/31/24)
(See exhibit 35.6)

 35.10
Custodian under the MSC 2015-MS1 securitization, pursuant to which the
following mortgage loans were serviced by such party: TKG 3 Retail Portfolio
(from 1/1/24 to 12/31/24) (See exhibit 35.3)

 35.11
as Servicing Function Participant under the MSC 2015-MS1 securitization,
3 Retail Portfolio (from 1/1/24 to 12/31/24) (See exhibit 35.4)

 35.12
Custodian under the MSBAM 2015-C22 securitization, pursuant to which the
Street (from 1/1/24 to 12/31/24) (See exhibit 35.3)

 35.13
as Servicing Function Participant under the MSBAM 2015-C22 securitization,
pursuant to which the following mortgage loans were serviced by such party:
Hilton Garden Inn W 54th Street (from 1/1/24 to 12/31/24) (See exhibit 35.4)

 (99.1)
 Mortgage
Loan Purchase Agreement, dated June 5, 2015, between Morgan Stanley Capital I
Inc. and Morgan Stanley Mortgage Capital Holdings LLC (filed as Exhibit 99.1 to
the registrant's Current Report on Form 8-K/A filed on June 24, 2015 under SEC
File No. 333-180779-16 and incorporated by reference herein).

 (99.2)
 Mortgage
Loan Purchase Agreement, dated June 5, 2015, between Morgan Stanley Capital I
Inc. and Bank of America, National Association (filed as Exhibit 99.2 to the
registrant's Current Report on Form 8-K/A filed on June 24, 2015 under SEC File
No. 333-180779-16 and incorporated by reference herein).

 (99.3)
 Mortgage
Loan Purchase Agreement, dated June 5, 2015, between Morgan Stanley Capital I
Inc. and CIBC Inc. (filed as Exhibit 99.3 to the registrant's Current Report on
Form 8-K/A filed on June 24, 2015 under SEC File No. 333-180779-16 and
incorporated by reference herein).

 (99.4)
 Mortgage
Loan Purchase Agreement, dated June 5, 2015, between Morgan Stanley Capital I
Inc., Starwood Mortgage Funding III LLC and Starwood Mortgage Capital LLC
(filed as Exhibit 99.4 to the registrant's Current Report on Form 8-K/A filed
on June 24, 2015 under SEC File No. 333-180779-16 and incorporated by reference
herein).

 (99.5)
 Second
Amended and Restated Servicing Agreement, effective as of October 31, 2021,
between Wells Fargo Bank, N.A., Wells Fargo Delaware Trust Company, N.A.,
Computershare Trust Company, N.A., Computershare Delaware Trust Company and
Computershare Limited (filed as Exhibit 99.1 to the registrant's Current Report
on Form 8-K filed on November 5, 2021 under SEC File No. 333-180779-16 and
incorporated by reference herein).

 (b)
See (a) above.

 (c) Not

 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.

 Morgan
Stanley Capital I Inc.

 (Depositor)

 By:
/s/ Jane Lam

 Jane
Lam, President

 (senior
officer in charge of securitization of the depositor)

 Date:
March 25, 2025