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: 333-227446-02

 Central Index Key Number of the issuing entity:
 0001766660

 Morgan Stanley Capital I
Trust 2019-L2

 (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

 Central Index Key Number of the sponsor: 0001624053

 Argentic Real Estate Finance
LLC

 Central Index Key Number of the sponsor: 0001548405

 Starwood Mortgage Capital LLC

 Central Index Key Number of the sponsor: 0001558761

 Cantor Commercial Real Estate
Lending, L.P.

 Central Index Key Number of the sponsor: 0001722518

 BSPRT CMBS Finance, LLC

 New York

 38-4014403

 38-4014404

 38-7221261

 (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 applicable.

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 applicable.

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 applicable.

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 2019-L2 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 One AT&T mortgage loan and the Residence Inn National Portfolio
mortgage loan, which are serviced pursuant to the BANK 2019-BNK16 pooling and
servicing agreement attached hereto as Exhibit 4.2;

 •
the Fairfax Multifamily Portfolio mortgage loan, which is serviced pursuant to
the CFK 2019-FAX trust and servicing agreement attached hereto as Exhibit 4.3;

 •
the Fidelis Portfolio mortgage loan, which is serviced pursuant to the BBCMS
2018-C2 pooling and servicing agreement attached hereto as Exhibit 4.4; and

 •
the Sheraton Grand Nashville Downtown mortgage loan, which is serviced pursuant
to the WFCM 2018-C48 pooling and servicing agreement attached hereto as Exhibit
4.5.

 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.

 •
 NCB, N.A. as NCB master servicer and NCB special servicer under the
BANK 2019-BNK16 pooling and servicing agreement, only has obligations in respect
of certain mortgage loans sold to the BANK 2019-BNK16 securitization trust by
NCB, N.A. or its affiliate and has no obligations with respect to the One
AT&T mortgage loan or the Residence Inn National Portfolio mortgage loan
and therefore in such capacity 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.

 • KeyBank National Association is the servicer under
the CFK 2019-FAX trust and servicing agreement, pursuant to which the Fairfax
Multifamily Portfolio mortgage loan is serviced. Because KeyBank National
Association is not the MSC 2019-L2 master servicer, is not affiliated with any
sponsor and services only the Fairfax Multifamily Portfolio mortgage loan,
which constitutes less than 5% of the mortgage pool, KeyBank National
Association, as CFK 2019-FAX 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.

 • Argentic Services
Company LP is the current special servicer under the WFCM 2018-C48 pooling and
servicing agreement, under which the Sheraton Grand Nashville Downtown mortgage
loan is serviced. On May 6, 2020, LNR Partners, LLC was replaced as special servicer
under the WFCM 2018-C48 pooling and servicing agreement and succeeded by
Argentic Services Company LP.

 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:

 •
 Midland Loan Services, a Division of PNC Bank, National Association, as
master servicer, engaged the services of Berkeley Point Capital LLC as a
sub-servicer in respect of the entire mortgage pool for the reporting period.

 •
Wells Fargo Bank, National Association, as master servicer under the BANK
2019-BNK16 pooling and servicing agreement, pursuant to which the One AT&T
mortgage loan and the Residence Inn National Portfolio mortgage loan are
serviced, engaged the services of CoreLogic Solutions, LLC as a servicing
function participant in respect of the One AT&T mortgage loan and the
Residence Inn National Portfolio mortgage loan for the reporting period.

 •
Wells Fargo Bank, National Association, as master servicer under the BBCMS
2018-C2 pooling and servicing agreement, pursuant to which the Fidelis
Portfolio mortgage loan is serviced, engaged the services of CoreLogic
Solutions as a servicing function participant in respect of the Fidelis
Portfolio mortgage loan for the reporting period.

 •
Wells Fargo Bank, National Association, as master servicer under the WFCM
2018-C48 pooling and servicing agreement, pursuant to which the Sheraton Grand
Nashville Downtown mortgage loan is serviced, engaged the services of CoreLogic
Solutions, LLC as a servicing function participant in respect of the Sheraton
Grand Nashville Downtown mortgage loan for the reporting period.

 •
On November 1, 2021, pursuant to the second amended and restated servicing
agreement attached hereto as Exhibit 99.15, 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)(2) filing dated March 12, 2019.

 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 March 1,
2019, 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, Wells Fargo Bank, National
Association, as certificate administrator and trustee, and Pentalpha
Surveillance LLC, as operating advisor and as asset representations reviewer
(filed as Exhibit 4.1 to the registrant's Current Report on Form 8-K/A filed on
February 24, 2020 under SEC File No. 333-227446-02 and incorporated by
reference herein).

 (4.2)
 Pooling and Servicing Agreement, dated as of February
1, 2019, between Wells Fargo Commercial Mortgage Securities, Inc., as
depositor, Wells Fargo Bank, National Association, as general master servicer,
KeyBank National Association, as general special servicer, National Cooperative
Bank, N.A., as NCB master servicer and NCB special servicer, Wilmington Trust,
National Association, as trustee, Wells Fargo Bank, National Association, as
certificate administrator, and Park Bridge Lender Services LLC, as operating
advisor and as asset representations reviewer, relating to the BANK 2019-BNK16
securitization transaction, pursuant to which the One AT&T Mortgage Loan
and the Residence Inn National Portfolio Mortgage Loan are serviced (filed as
Exhibit 4.2 to the registrant's Current Report on Form 8-K filed on March 12,
2019 under SEC File No. 333-227446-02 and incorporated by reference herein).

 (4.3)
 Trust and Servicing Agreement, dated as of February 6,
2019, between CCRE Commercial Mortgage Securities, L.P., as depositor, KeyBank
National Association, as servicer and special servicer, and Wells Fargo Bank,
National Association, as trustee, certificate administrator and custodian,
relating to the CFK Trust 2019-FAX securitization transaction, pursuant to
which the Fairfax Multifamily Portfolio Mortgage Loan is serviced (filed as
Exhibit 4.3 to the registrant's Current Report on Form 8-K filed on March 12,
2019 under SEC File No. 333-227446-02 and incorporated by reference herein).

 (4.4) Pooling and Servicing Agreement, dated as of December
1, 2018, between Barclays Commercial Mortgage Securities LLC, as depositor,
Wells Fargo Bank, National Association, as master servicer, LNR Partners, LLC,
as special servicer, Wilmington Trust, National Association, as trustee, Wells
Fargo Bank, National Association, as certificate administrator, and Park Bridge
Lender Services LLC, as operating advisor and as asset representations
reviewer, relating to the BBCMS Mortgage Trust 2018-C2 securitization transaction,
pursuant to which the Fidelis Portfolio Mortgage Loan is serviced (filed as
Exhibit 4.4 to the registrant's Current Report on Form 8-K filed on March 12,
2019 under SEC File No. 333-227446-02 and incorporated by reference herein).

 (4.5) Pooling and Servicing Agreement, dated as of December
1, 2018, between Wells Fargo Commercial Mortgage Securities, Inc., as
depositor, Wells Fargo Bank, National Association, as master servicer, LNR
Partners, LLC, as special servicer, Wilmington Trust, National Association, as
trustee, Wells Fargo Bank, National Association, as certificate administrator,
and Pentalpha Surveillance LLC, as operating advisor and as asset
representations reviewer, relating to the WFCM 2018-C48 securitization
transaction, pursuant to which the Sheraton Grand Nashville Downtown Mortgage
Loan is serviced (filed as Exhibit 4.5 to the registrant's Current Report on
Form 8-K filed on March 12, 2019 under SEC File No. 333-227446-02 and

 (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
 Midland Loan Services, a Division of PNC Bank,
National Association, as Master Servicer

 33.6
 Rialto Capital Advisors, LLC, as Special Servicer

 33.7
 Pentalpha Surveillance LLC, as Operating Advisor

 33.8
 Berkeley Point Capital LLC, as Primary Servicer

 33.9
Servicer under the BANK 2019-BNK16 securitization, pursuant to which the

 33.10
Participant under the BANK 2019-BNK16 securitization, pursuant to which the

 33.11
Servicer under the BBCMS 2018-C2 securitization, pursuant to which the
1/1/24 to 12/31/24) (See exhibit 33.9)

 33.12
Participant under the BBCMS 2018-C2 securitization, pursuant to which the
1/1/24 to 12/31/24) (See exhibit 33.10)

 33.13
Servicer under the WFCM 2018-C48 securitization, pursuant to which the
Downtown (from 1/1/24 to 12/31/24) (See exhibit 33.9)

 33.14
Participant under the WFCM 2018-C48 securitization, pursuant to which the
Downtown (from 1/1/24 to 12/31/24) (See exhibit 33.10)

 33.15
under the BANK 2019-BNK16 securitization, pursuant to which the following
mortgage loans were serviced by such party: One AT&T (from 1/1/24 to
12/31/24) and Residence Inn National Portfolio (from 1/1/24 to 12/31/24)

 33.16
under the CFK 2019-FAX securitization, pursuant to which the following mortgage
loans were serviced by such party: Fairfax Multifamily Portfolio (from 1/1/24
to 12/31/24) (See exhibit 33.15)

 33.17
 LNR Partners, LLC, as Special Servicer under the
BBCMS 2018-C2 securitization, pursuant to which the following mortgage loans
were serviced by such party: Fidelis Portfolio (from 1/1/24 to 12/31/24)

 33.18
 Argentic Services Company LP, as Special Servicer
under the WFCM 2018-C48 securitization, pursuant to which the following
mortgage loans were serviced by such party: Sheraton Grand Nashville Downtown
(from 1/1/24 to 12/31/24)

 33.19
Custodian under the BANK 2019-BNK16 securitization, pursuant to which the
(See exhibit 33.3)

 33.20
as Servicing Function Participant under the BANK 2019-BNK16 securitization,
pursuant to which the following mortgage loans were serviced by such party: One
AT&T (from 1/1/24 to 12/31/24) and Residence Inn National Portfolio (from
1/1/24 to 12/31/24) (See exhibit 33.4)

 33.21
Custodian under the CFK 2019-FAX securitization, pursuant to which the
following mortgage loans were serviced by such party: Fairfax Multifamily
Portfolio (from 1/1/24 to 12/31/24) (See exhibit 33.3)

 33.22
as Servicing Function Participant under the CFK 2019-FAX securitization,
Fairfax Multifamily Portfolio (from 1/1/24 to 12/31/24) (See exhibit 33.4)

 33.23
Custodian under the BBCMS 2018-C2 securitization, pursuant to which the
1/1/24 to 12/31/24) (See exhibit 33.3)

 33.24
as Servicing Function Participant under the BBCMS 2018-C2 securitization,
Fidelis Portfolio (from 1/1/24 to 12/31/24) (See exhibit 33.4)

 33.25
 Wells Fargo Bank, National Association, as Custodian
under the WFCM 2018-C48 securitization, pursuant to which the following
mortgage loans were serviced by such party: Sheraton Grand Nashville Downtown
(from 1/1/24 to 12/31/24) (See exhibit 33.3)

 33.26
as Servicing Function Participant under the WFCM 2018-C48 securitization,
Sheraton Grand Nashville Downtown (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
 Midland Loan Services, a Division of PNC Bank,
National Association, as Master Servicer

 34.6
 Rialto Capital Advisors, LLC, as Special Servicer

 34.7
 Pentalpha Surveillance LLC, as Operating Advisor

 34.8
 Berkeley Point Capital LLC, as Primary Servicer

 34.9
Servicer under the BANK 2019-BNK16 securitization, pursuant to which the

 34.10
Participant under the BANK 2019-BNK16 securitization, pursuant to which the

 34.11
Servicer under the BBCMS 2018-C2 securitization, pursuant to which the
1/1/24 to 12/31/24) (See exhibit 34.9)

 34.12
Participant under the BBCMS 2018-C2 securitization, pursuant to which the
1/1/24 to 12/31/24) (See exhibit 34.10)

 34.13
Servicer under the WFCM 2018-C48 securitization, pursuant to which the
Downtown (from 1/1/24 to 12/31/24) (See exhibit 34.9)

 34.14
Participant under the WFCM 2018-C48 securitization, pursuant to which the
Downtown (from 1/1/24 to 12/31/24) (See exhibit 34.10)

 34.15
under the BANK 2019-BNK16 securitization, pursuant to which the following
mortgage loans were serviced by such party: One AT&T (from 1/1/24 to
12/31/24) and Residence Inn National Portfolio (from 1/1/24 to 12/31/24)

 34.16
under the CFK 2019-FAX securitization, pursuant to which the following mortgage
loans were serviced by such party: Fairfax Multifamily Portfolio (from 1/1/24
to 12/31/24) (See exhibit 34.15)

 34.17
 LNR Partners, LLC, as Special Servicer under the BBCMS
2018-C2 securitization, pursuant to which the following mortgage loans were
serviced by such party: Fidelis Portfolio (from 1/1/24 to 12/31/24)

 34.18
 Argentic Services Company LP, as Special Servicer
under the WFCM 2018-C48 securitization, pursuant to which the following
mortgage loans were serviced by such party: Sheraton Grand Nashville Downtown
(from 1/1/24 to 12/31/24)

 34.19
Custodian under the BANK 2019-BNK16 securitization, pursuant to which the
(See exhibit 34.3)

 34.20
as Servicing Function Participant under the BANK 2019-BNK16 securitization,
pursuant to which the following mortgage loans were serviced by such party: One
AT&T (from 1/1/24 to 12/31/24) and Residence Inn National Portfolio (from
1/1/24 to 12/31/24) (See exhibit 34.4)

 34.21
Custodian under the CFK 2019-FAX securitization, pursuant to which the
following mortgage loans were serviced by such party: Fairfax Multifamily
Portfolio (from 1/1/24 to 12/31/24) (See exhibit 34.3)

 34.22
as Servicing Function Participant under the CFK 2019-FAX securitization,
Fairfax Multifamily Portfolio (from 1/1/24 to 12/31/24) (See exhibit 34.4)

 34.23
Custodian under the BBCMS 2018-C2 securitization, pursuant to which the
1/1/24 to 12/31/24) (See exhibit 34.3)

 34.24
as Servicing Function Participant under the BBCMS 2018-C2 securitization,
Fidelis Portfolio (from 1/1/24 to 12/31/24) (See exhibit 34.4)

 34.25
Custodian under the WFCM 2018-C48 securitization, pursuant to which the
Downtown (from 1/1/24 to 12/31/24) (See exhibit 34.3)

 34.26
 Computershare Trust Company, National Association, as
Servicing Function Participant under the WFCM 2018-C48 securitization, pursuant
to which the following mortgage loans were serviced by such party: Sheraton
Grand Nashville Downtown (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
 Midland Loan Services, a Division of PNC Bank,
National Association, as Master Servicer

 35.6
 Rialto Capital Advisors, LLC, as Special Servicer

 35.7
 Berkeley Point Capital LLC, as Primary Servicer

 35.8
Servicer under the BANK 2019-BNK16 securitization, pursuant to which the

 35.9
Servicer under the BBCMS 2018-C2 securitization, pursuant to which the
1/1/24 to 12/31/24) (See exhibit 35.8)

 35.10
Servicer under the WFCM 2018-C48 securitization, pursuant to which the
Downtown (from 1/1/24 to 12/31/24) (See exhibit 35.8)

 35.11
under the BANK 2019-BNK16 securitization, pursuant to which the following
mortgage loans were serviced by such party: One AT&T (from 1/1/24 to
12/31/24) and Residence Inn National Portfolio (from 1/1/24 to 12/31/24)

 35.12
under the CFK 2019-FAX securitization, pursuant to which the following mortgage
loans were serviced by such party: Fairfax Multifamily Portfolio (from 1/1/24
to 12/31/24) (See exhibit 35.11)

 35.13
 LNR Partners, LLC, as Special Servicer under the
BBCMS 2018-C2 securitization, pursuant to which the following mortgage loans
were serviced by such party: Fidelis Portfolio (from 1/1/24 to 12/31/24)

 35.14
 Argentic Services Company LP, as Special Servicer
under the WFCM 2018-C48 securitization, pursuant to which the following
mortgage loans were serviced by such party: Sheraton Grand Nashville Downtown
(from 1/1/24 to 12/31/24)

 35.15
Custodian under the BANK 2019-BNK16 securitization, pursuant to which the
(See exhibit 35.3)

 35.16
as Servicing Function Participant under the BANK 2019-BNK16 securitization,
pursuant to which the following mortgage loans were serviced by such party: One
AT&T (from 1/1/24 to 12/31/24) and Residence Inn National Portfolio (from
1/1/24 to 12/31/24) (See exhibit 35.4)

 35.17
Custodian under the CFK 2019-FAX securitization, pursuant to which the
following mortgage loans were serviced by such party: Fairfax Multifamily
Portfolio (from 1/1/24 to 12/31/24) (See exhibit 35.3)

 35.18
as Servicing Function Participant under the CFK 2019-FAX securitization, pursuant
to which the following mortgage loans were serviced by such party: Fairfax
Multifamily Portfolio (from 1/1/24 to 12/31/24) (See exhibit 35.4)

 35.19
Custodian under the BBCMS 2018-C2 securitization, pursuant to which the
1/1/24 to 12/31/24) (See exhibit 35.3)

 35.20
as Servicing Function Participant under the BBCMS 2018-C2 securitization,
Fidelis Portfolio (from 1/1/24 to 12/31/24) (See exhibit 35.4)

 35.21
Custodian under the WFCM 2018-C48 securitization, pursuant to which the
Downtown (from 1/1/24 to 12/31/24) (See exhibit 35.3)

 35.22
as Servicing Function Participant under the WFCM 2018-C48 securitization,
Sheraton Grand Nashville Downtown (from 1/1/24 to 12/31/24) (See exhibit 35.4)

 (99.1) Mortgage Loan Purchase Agreement, dated March 1, 2019,
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 filed on March 12, 2019 under SEC File No. 333-227446-02 and incorporated
by reference herein).

 (99.2)
 Mortgage Loan Purchase Agreement, dated March 1, 2019,
between Morgan Stanley Capital I Inc. and Argentic Real Estate Finance LLC
(filed as Exhibit 99.2 to the registrant's Current Report on Form 8-K filed on
March 12, 2019 under SEC File No. 333-227446-02 and incorporated by reference
herein).

 (99.3) Mortgage Loan Purchase Agreement, dated March 1, 2019,
between Morgan Stanley Capital I Inc. and Starwood Mortgage Capital LLC (filed
as Exhibit 99.3 to the registrant's Current Report on Form 8-K filed on March
12, 2019 under SEC File No. 333-227446-02 and incorporated by reference herein).

 (99.4)
 Mortgage Loan Purchase Agreement, dated March 1, 2019,
between Morgan Stanley Capital I Inc. and Cantor Commercial Real Estate
Lending, L.P. (filed as Exhibit 99.4 to the registrant's Current Report on Form
8-K filed on March 12, 2019 under SEC File No. 333-227446-02 and incorporated
by reference herein).

 (99.5)
 Mortgage Loan Purchase Agreement, dated March 1, 2019,
between Morgan Stanley Capital I Inc., BSPRT CMBS Finance, LLC and Benefit
Street Partners Realty Trust, Inc. (filed as Exhibit 99.5 to the registrant's
Current Report on Form 8-K filed on March 12, 2019 under SEC File No.
333-227446-02 and incorporated by reference herein).

 (99.6)
 Agreement Between Note Holders, dated as of February 8,
2019, by and between Morgan Stanley Bank, N.A., as initial note A-1 holder and
Morgan Stanley Bank, N.A., as initial note A-2 holder, relating to the One
AT&T loan combination (filed as Exhibit 99.6 to the registrant's Current
Report on Form 8-K filed on March 12, 2019 under SEC File No. 333-227446-02 and

 (99.7)
 Intercreditor Agreement, dated as of February 1, 2019,
by and between Morgan Stanley Bank, N.A., as note A holder, Sun Life Assurance
Company of Canada, as note B-1 holder, and Sun Life Hong Kong Limited, as note
B-2 holder, relating to the Serenity Apartments loan combination (filed as
Exhibit 99.7 to the registrant's Current Report on Form 8-K filed on March 12,
2019 under SEC File No. 333-227446-02 and incorporated by reference herein).

 (99.8)
 Co-lender Agreement, dated as of February 6, 2019, by
and among Cantor Commercial Real Estate Lending, L.P., as initial note A-1-S
holder, initial note A-1-C1 holder, initial note A-1-C2 holder, initial note
A-1-C3 holder, initial note A-1-C4 holder and initial note B-1-S holder, and
KeyBank National Association, as initial note A-2-S holder, initial note A-2-C1
holder and initial note B-2-S holder, relating to the Fairfax Multifamily
Portfolio loan combination (filed as Exhibit 99.8 to the registrant's Current
Report on Form 8-K filed on March 12, 2019 under SEC File No. 333-227446-02 and

 (99.9)
 Co-lender Agreement, dated as of March 12, 2019, by and
between Cantor Commercial Real Estate Lending, L.P. as note A-1 holder, Cantor
Commercial Real Estate Lending, L.P. as note A-2 holder, Cantor Commercial Real
Estate Lending, L.P. as note A-3 holder and Cantor Commercial Real Estate
Lending, L.P. as note A-4 holder, relating to the Stern Multifamily Portfolio
loan combination (filed as Exhibit 99.9 to the registrant's Current Report on
Form 8-K filed on March 12, 2019 under SEC File No. 333-227446-02 and

 (99.10) Co-lender Agreement, dated as of October 5, 2018, by
and among Starwood Mortgage Capital LLC as initial note A-1 holder, Starwood
Mortgage Capital LLC as initial note A-2 holder and Starwood Mortgage Capital
LLC as initial note A-3 holder, relating to the Fidelis Portfolio loan
combination (filed as Exhibit 99.10 to the registrant's Current Report on Form
8-K filed on March 12, 2019 under SEC File No. 333-227446-02 and incorporated
by reference herein).

 (99.11)
 Agreement Between Note Holders, dated as of November 6,
2018, by and between SPREF WH II LLC as initial note A-1 holder, initial note
A-2 holder, initial note A-3 holder, initial note A-4 holder, initial note A-5
holder, initial note A-6 holder, initial note A-7 holder and initial note A-8
holder, relating to the Sheraton Grand Nashville Downtown loan combination
(filed as Exhibit 99.11 to the registrant's Current Report on Form 8-K filed on
March 12, 2019 under SEC File No. 333-227446-02 and incorporated by reference
herein).

 (99.12)
 Co-lender Agreement, dated as of November 26, 2018, by
and between Starwood Mortgage Capital LLC as initial note A-1 holder and
Starwood Mortgage Capital LLC, as initial note A-2 holder, relating to the 1001
Frontier Road loan combination (filed as Exhibit 99.12 to the registrant's
Current Report on Form 8-K filed on March 12, 2019 under SEC File No.
333-227446-02 and incorporated by reference herein).

 (99.13)
 Agreement Between Note Holders, dated as of February 8,
2019, by and between Morgan Stanley Bank, N.A., as initial note A-1-A holder,
Morgan Stanley Bank, N.A., as initial note A-1-B holder and Morgan Stanley
Bank, N.A., as initial note A-2 holder, relating to the Residence Inn National
Portfolio loan combination (filed as Exhibit 99.13 to the registrant's Current
Report on Form 8-K filed on March 12, 2019 under SEC File No. 333-227446-02 and

 (99.14)
 Primary Servicing Agreement, dated as of March 1, 2019,
by and between Midland Loan Services, a Division of PNC Bank, National
Association, as master servicer, and Berkeley Point Capital LLC d/b/a Newmark
Knight Frank, as primary servicer (filed as Exhibit 99.14 to the registrant's
Current Report on Form 8-K filed on March 12, 2019 under SEC File No.
333-227446-02 and incorporated by reference herein).

 (99.15)
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. 333-227446-02 and incorporated by reference herein).

 (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 27, 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: 333-206582-02

 Central Index Key Number of the issuing entity:
0001669990

 Morgan Stanley Bank of America Merrill Lynch Trust
2016-C29

 (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: 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)

 Central Index Key Number of the sponsor: 0001682532

 Starwood Mortgage Funding III LLC

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

 Central Index Key Number of the sponsor: 0001089877

 KeyBank National Association

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

 New York

 38 3991402

 38 3991403

 38 7145119

 (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 applicable.

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 applicable.

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 2016-C29 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 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;

• the Penn Square Mall mortgage loan, which is serviced pursuant to the MSC
2016-PSQ pooling and servicing agreement attached hereto as Exhibit 4.2; and

 • the
Princeton Pike Corporate Center mortgage loan, which is serviced pursuant to
the MSBAM 2016-C28 pooling and servicing agreement attached hereto as Exhibit
4.3.

 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.

 • Wells Fargo Bank, National Association, is the special servicer
under the MSC 2016-PSQ pooling and servicing agreement, pursuant to which the
Penn Square Mall mortgage loan is serviced. Because Wells Fargo Bank, National
Association is not the MSBAM 2016-C29 special servicer, is not affiliated with
any sponsor and services only the Penn Square Mall mortgage loan, which
constitutes more than 5% but less than 10% of the mortgage pool, Wells Fargo
Bank, National Association, as MSC 2016-PSQ special 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.

 • Greystone Servicing Company LLC is the current special servicer
under the MSBAM 2016-C28 pooling and servicing agreement, pursuant to which the
Princeton Pike Corporate Center mortgage loan is currently serviced. On August
26, 2020, C-III Asset Management LLC was replaced as special servicer under the
MSBAM 2016-C28 pooling and servicing agreement and was succeeded by Greystone
Servicing Company LLC, to which C-III Asset Management LLC assigned
substantially all of its assets. Because Greystone Servicing Company LLC is not
the MSBAM 2016-C29 special servicer, is not affiliated with any sponsor and
services only the Princeton Pike Corporate Center mortgage loan, which
constitutes less than 5% of the mortgage pool, Greystone Servicing Company LLC,
as MSBAM 2016-C28 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.

 • The Le Meridien Cambridge MIT mortgage loan, which was serviced
pursuant to the MSBAM 2016-C28 pooling and servicing agreement, was paid in
full on December 30, 2021.

 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,
engaged the services of KeyBank National Association, as a sub-servicer in
respect of the entire mortgage pool for the reporting period.

• Wells Fargo Bank, National Association, as master servicer, engaged the
services of CoreLogic Solutions, LLC as a servicing function participant in
respect of the entire mortgage pool for the reporting period, engaged the
services of Midland Loan Services, a Division of PNC Bank, National Association
as a sub-servicer during the reporting period and engaged the services of
NorthMarq Capital, LLC, as a servicing function participant during the
reporting period.

• Wells Fargo Bank, National Association, as 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 Midland Loan
Services, a Division of PNC Bank, National Association, as a sub-servicer, and
CoreLogic Solutions, LLC, as a servicing function participant, in each case in
respect of the Grove City Premium Outlets mortgage loan for the reporting
period.

 • Wells Fargo Bank, National Association, as master servicer and
special servicer under the MSC 2016-PSQ trust and servicing agreement, pursuant
to which the Penn Square Mall mortgage loan is serviced, engaged the services
of CoreLogic Solutions, LLC as a servicing function participant in respect of
the Penn Square Mall mortgage loan for the reporting period.

 • Wells Fargo Bank, National Association,
as master servicer under the MSC 2016-C28 pooling and servicing agreement,
pursuant to which the Princeton Pike Corporate Center mortgage loan is
currently serviced, engaged the services of CoreLogic Solutions, LLC as a
servicing function participant in respect of the Princeton Pike Corporate
Center mortgage loan for the reporting period.

 • On November 1, 2021, pursuant to the
second amended and restated servicing agreement attached hereto as Exhibit
99.12, 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 applicable.

 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)(2) filing dated May 5, 2016.

 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 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, Wells Fargo Bank, National Association, as certificate
administrator, certificate registrar, authenticating agent and custodian,
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 May 5, 2016
under SEC File No. 333-206582-02 and incorporated by reference herein).

 (4.2)
 Trust and Servicing Agreement, dated as of February 1,
2016, between Morgan Stanley Capital I Inc., as depositor, Wells Fargo Bank,
National Association, as servicer, special servicer and certificate
administrator, and Wilmington Trust, National Association, as trustee, relating
to the MSC 2016-PSQ securitization transaction, pursuant to which the Penn
Square Mall Mortgage Loan is serviced (filed as Exhibit 4.3 to the registrant's
Current Report on Form 8-K filed on May 5, 2016 under SEC File No. 333-206582-02
and incorporated by reference herein).

 (4.3)
 Pooling and Servicing Agreement, dated as of February
1, 2016, between Banc of America Merrill Lynch Commercial Mortgage 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, U.S. Bank National Association, as
trustee, Park Bridge Lender Services LLC, as operating advisor, and Park Bridge
Lender Services LLC, as asset representations reviewer, relating to the MSBAM
2016-C28 securitization transaction, pursuant to which the Princeton Pike
Corporate Center Mortgage Loan is serviced (filed as Exhibit 4.4 to the
registrant's Current Report on Form 8-K filed on May 5, 2016 under SEC File No.

 (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. 333-206582-02 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 Wells Fargo Bank,
National Association, as 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

 33.7
 Park Bridge Lender Services LLC, as Operating
Advisor

 33.8
 KeyBank National Association, as Primary Servicer

 33.9
Participant

 33.10
National Association, as Sub-Servicer

 33.11
 NorthMarq Capital, LLC, as Servicing Function
Participant

 33.12
Servicer under the BACM 2016-UBS10 securitization, pursuant to which the
Outlets (from 1/1/24 to 12/31/24) (see Exhibit 33.5)

 33.13
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 33.10)

 33.14
Participant under the BACM 2016-UBS10 securitization, pursuant to which the
Outlets (from 1/1/24 to 12/31/24) (see Exhibit 33.9)

 33.15
12/31/24) (see Exhibit 33.5)

 33.16
Participant under the MSC 2016-PSQ securitization, pursuant to which the
1/1/24 to 12/31/24) (see Exhibit 33.9)

 33.17
Servicer under the MSBAM 2016-C28 securitization, pursuant to which the
Center (from 1/1/24 to 12/31/24) (see Exhibit 33.5)

 33.18
Participant under the MSBAM 2016-C28 securitization, pursuant to which the
Center (from 1/1/24 to 12/31/24) (see Exhibit 33.9)

 33.19
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)

 33.20
 Wells Fargo Bank, National Association, as Special
12/31/24) (see Exhibit 33.5)

 33.21
Participant under the MSC 2016-PSQ securitization, pursuant to which the
1/1/24 to 12/31/24) (see Exhibit 33.9)

 33.22
Custodian under the BACM 2016-UBS10 securitization, pursuant to which the
Outlets (from 1/1/24 to 12/31/24) (see Exhibit 33.3)

 33.23
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)

 33.24
Custodian under the MSC 2016-PSQ securitization, pursuant to which the
1/1/24 to 12/31/24) (see Exhibit 33.3)

 33.25
as Servicing Function Participant under the MSC 2016-PSQ securitization,
Penn Square Mall (from 1/1/24 to 12/31/24) (see Exhibit 33.4)

 33.26
Custodian under the MSBAM 2016-C28 securitization, pursuant to which the
Center (from 1/1/24 to 12/31/24) (see Exhibit 33.3)

 33.27
as Servicing Function Participant under the MSBAM 2016-C28 securitization,
Princeton Pike Corporate Center (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

 34.7
 Park Bridge Lender Services LLC, as Operating
Advisor

 34.8
 KeyBank National Association, as Primary Servicer

 34.9
Participant

 34.10
National Association, as Sub-Servicer

 34.11
 NorthMarq Capital, LLC, as Servicing Function
Participant

 34.12
Servicer under the BACM 2016-UBS10 securitization, pursuant to which the
Outlets (from 1/1/24 to 12/31/24) (see Exhibit 34.5)

 34.13
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 34.10)

 34.14
Participant under the BACM 2016-UBS10 securitization, pursuant to which the
Outlets (from 1/1/24 to 12/31/24) (see Exhibit 34.9)

 34.15
12/31/24) (see Exhibit 34.5)

 34.16
Participant under the MSC 2016-PSQ securitization, pursuant to which the
1/1/24 to 12/31/24) (see Exhibit 34.9)

 34.17
Servicer under the MSBAM 2016-C28 securitization, pursuant to which the
Center (from 1/1/24 to 12/31/24) (see Exhibit 34.5)

 34.18
Participant under the MSBAM 2016-C28 securitization, pursuant to which the
Center (from 1/1/24 to 12/31/24) (see Exhibit 34.9)

 34.19
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)

 34.20
 Wells Fargo Bank, National Association, as Special
12/31/24) (see Exhibit 34.5)

 34.21
Participant under the MSC 2016-PSQ securitization, pursuant to which the
1/1/24 to 12/31/24) (see Exhibit 34.9)

 34.22
Custodian under the BACM 2016-UBS10 securitization, pursuant to which the
Outlets (from 1/1/24 to 12/31/24) (see Exhibit 34.3)

 34.23
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)

 34.24
Custodian under the MSC 2016-PSQ securitization, pursuant to which the
1/1/24 to 12/31/24) (see Exhibit 34.3)

 34.25
as Servicing Function Participant under the MSC 2016-PSQ securitization,
Penn Square Mall (from 1/1/24 to 12/31/24) (see Exhibit 34.4)

 34.26
Custodian under the MSBAM 2016-C28 securitization, pursuant to which the
Center (from 1/1/24 to 12/31/24) (see Exhibit 34.3)

 34.27
as Servicing Function Participant under the MSBAM 2016-C28 securitization,
Princeton Pike Corporate Center (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

 35.7
 KeyBank National Association, as Primary Servicer

 35.8
National Association, as Sub-Servicer

 35.9
Servicer under the BACM 2016-UBS10 securitization, pursuant to which the
Outlets (from 1/1/24 to 12/31/24) (see Exhibit 35.5)

 35.10
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 35.8)

 35.11
12/31/24) (see Exhibit 35.5)

 35.12
Servicer under the MSBAM 2016-C28 securitization, pursuant to which the
Center (from 1/1/24 to 12/31/24) (see Exhibit 35.5)

 35.13
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)

 35.14
Custodian under the BACM 2016-UBS10 securitization, pursuant to which the
Outlets (from 1/1/24 to 12/31/24) (see Exhibit 35.3)

 35.15
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)

 35.16
Custodian under the MSC 2016-PSQ securitization, pursuant to which the
1/1/24 to 12/31/24) (see Exhibit 35.3)

 35.17
as Servicing Function Participant under the MSC 2016-PSQ securitization,
Penn Square Mall (from 1/1/24 to 12/31/24) (see Exhibit 35.4)

 35.18
Custodian under the MSBAM 2016-C28 securitization, pursuant to which the
Center (from 1/1/24 to 12/31/24) (see Exhibit 35.3)

 35.19
as Servicing Function Participant under the MSBAM 2016-C28 securitization,
Princeton Pike Corporate Center (from 1/1/24 to 12/31/24) (see Exhibit 35.4)

 (99.1)
 Mortgage
Loan Purchase Agreement, dated April 22, 2016, between Morgan Stanley Capital I
Inc. and Bank of America, National Association (filed as Exhibit 99.1 to the
registrant's Current Report on Form 8-K filed on May 5, 2016 under SEC File No.

 (99.2)
 Mortgage
Loan Purchase Agreement, dated April 22, 2016, between Morgan Stanley Capital I
Inc. and Morgan Stanley Mortgage Capital Holdings LLC (filed as Exhibit 99.2 to
the registrant's Current Report on Form 8-K filed on May 5, 2016 under SEC File
No. 333-206582-02 and incorporated by reference herein).

 (99.3)
 Mortgage
Loan Purchase Agreement, dated April 22, 2016, between Morgan Stanley Capital I
Inc., Starwood Mortgage Funding III LLC and Starwood Mortgage Capital LLC
(filed as Exhibit 99.3 to the registrant's Current Report on Form 8-K filed on
May 5, 2016 under SEC File No. 333-206582-02 and incorporated by reference
herein).

 (99.4)
 Mortgage
Loan Purchase Agreement, dated April 22, 2016, between Morgan Stanley Capital I
Inc. and KeyBank National Association (filed as Exhibit 99.4 to the
registrant's Current Report on Form 8-K filed on May 5, 2016 under SEC File No.

 (99.5)
 Agreement
Between Note Holders, dated as of April 19, 2016, between Bank of America,
N.A., as Initial Note A-1 Holder and Bank of America, N.A., as Initial Note A-2
Holder, relating to the 300 Four Falls loan combination (filed as Exhibit 99.5
to the registrant's Current Report on Form 8-K filed on May 5, 2016 under SEC
File No. 333-206582-02 and incorporated by reference herein).

 (99.6)
 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 99.6 to the registrant's Current Report on Form 8-K filed on May 5,
2016 under SEC File No. 333-206582-02 and incorporated by reference herein).

 (99.7)
 Amended
and Restated Agreement Between Note Holders, dated as of March 8, 2016, between
Wells Fargo Bank, National Association, as MSC 2015-UBS8 trustee, as 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, National Association, as
Initial Note A-5 Holder, relating to the Grove City Premium Outlets loan
combination (filed as Exhibit 99.7 to the registrant's Current Report on Form
8-K filed on May 5, 2016 under SEC File No. 333-206582-02 and incorporated by
reference herein).

 (99.8)
 Agreement
Between Note Holders, dated as of February 11, 2016, between Morgan Stanley
Bank, N.A., as Initial Note A-1A Holder, Morgan Stanley Bank, N.A., as Initial
Note A-1B Holder, Morgan Stanley Bank, N.A., as Initial Note A-1C Holder, and
Morgan Stanley Bank, N.A., as Initial Note A-2 Holder, relating to the Penn
Square Mall loan combination (filed as Exhibit 99.8 to the registrant's Current
Report on Form 8-K filed on May 5, 2016 under SEC File No. 333-206582-02 and
incorporated by reference herein).

 (99.9)
 Agreement
Between Note Holders, dated as of February 5, 2016, between Bank of America,
N.A., as Initial Note A-1 Holder, Bank of America, N.A., as Initial Note A-2
Holder, and Bank of America, N.A., as Initial Note A-3 Holder, relating to the
Le Meridien Cambridge MIT loan combination (filed as Exhibit 99.9 to the
registrant's Current Report on Form 8-K filed on May 5, 2016 under SEC File No.

 (99.10)
 Amended
and Restated Agreement Between Note Holders, dated as of April 21, 2016,
between U.S. Bank National Association, as MSBAM 2016-C28 trustee, as Note A-1
Holder, Wells Fargo Bank, National Association, as MSC 2016-UBS9 trustee, as
Note A-2 Holder, Morgan Stanley Bank, N.A., as Note A-3 Holder, and Morgan
Stanley Bank, N.A., as Note A-4 Holder, relating to the Princeton Pike
Corporate Center loan combination (filed as Exhibit 99.10 to the registrant's
Current Report on Form 8-K filed on May 5, 2016 under SEC File No.

 (99.11)
 Primary
Servicing Agreement, dated as of May 1, 2016, between Wells Fargo Bank,
National Association, as master servicer, and KeyBank National Association, as
primary servicer (filed as Exhibit 99.11 to the registrant's Current Report on
Form 8-K filed on May 5, 2016 under SEC File No. 333-206582-02 and incorporated
by reference herein).

 (99.12)
 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. 333-206582-02 and
incorporated by reference herein).

 (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 27, 2025