UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 Washington, D.C. 20549

 FORM 10-K

 (Mark One)

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

 For the fiscal year ended December 31, 2024

or

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

 For the transition period from _____ to _____

Commission file number of the issuing entity: 333-226850-06

 Central Index Key Number of the issuing entity:
0001812604

 BBCMS Mortgage Trust 2020-C7

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

 Central Index Key Number of the depositor: 0001541480

 Barclays Commercial Mortgage
Securities LLC

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

 Central Index Key Number of the sponsor: 0001549574

 Barclays Capital Real Estate Inc.

 Central Index Key Number of the sponsor: 0001089877

 KeyBank National Association

 Central Index Key Number of the sponsor: 0001755531

 Societe Generale Financial
Corporation

 Central Index Key Number of the sponsor: 0001788190

 Rialto Real Estate Fund IV – Debt,
LP

 Central Index Key Number of the sponsor: 0001542256

 Natixis Real Estate Capital LLC

 New York

 (State or other jurisdiction of

 incorporation or organization of

 the issuing entity)

 38-4149467

 38-4149468

 38-7250384

 (I.R.S. Employer

 Identification Numbers)

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

 Wells Fargo Bank, National Association

 as Certificate Administrator

 9062 Old Annapolis Road

 Columbia, MD

 (Address of principal executive
offices of the issuing entity)

 21045

 (Zip Code)

 Registrant's telephone number,
including area code:

 (212) 412-4000

 Securities registered pursuant to Section 12(b) of the Act:

 Title of each class

 Trading Symbol(s)

 Name of each exchange on which registered

 None

 Securities registered pursuant to Section 12(g) of the
Act: None.

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

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

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

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

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

 Large accelerated
filer o
Accelerated
filer
o

 Non-accelerated
filer
Smaller reporting
company
o

Emerging growth
company
o

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

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

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

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

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

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

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

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

 DOCUMENTS INCORPORATED BY REFERENCE

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

 EXPLANATORY NOTES

 The Inland Self Storage Michigan Portfolio
Mortgage Loan, the Weston South Carolina Industrial Portfolio Mortgage Loan and
the ExchangeRight Net Leased Portfolio 32 Mortgage Loan, which constituted
approximately 6.2%, 6.1% and 5.6%, respectively, of the asset pool of the
issuing entity as of its cut-off date, are each an asset of the issuing entity
and are each part of a loan combination that includes the Inland Self Storage
Michigan Portfolio Mortgage Loan, the Weston South Carolina Industrial Portfolio
Mortgage Loan or the ExchangeRight Net Leased Portfolio 32 Mortgage Loan and
one other pari passu loan, each of which is not an asset of the issuing
entity. These loan combinations, including the Inland Self Storage Michigan
Portfolio Mortgage Loan, the Weston South Carolina Industrial Portfolio
Mortgage Loan and the ExchangeRight Net Leased Portfolio 32 Mortgage Loan, are
being serviced and administered pursuant to the Pooling and Servicing
Agreement, which is incorporated by reference as Exhibit 4.1 to this Annual
Report on Form 10-K.

Exhibit Index) with respect to the 650 Madison Avenue Mortgage Loan, which
constituted approximately 2.7% of the asset pool of the issuing entity as of
its cut-off date. The 650 Madison Avenue Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the 650 Madison
Avenue Mortgage Loan, twenty-two other pari passu loans and four
subordinate companion loans, which are not assets of the issuing entity. A pari
passu portion of the loan combination was securitized in the MAD Commercial
Mortgage Trust 2019-650M transaction (the " MAD 2019-650M Transaction "). This
loan combination, including the 650 Madison Avenue Mortgage Loan, is being
serviced and administered pursuant to the trust and servicing agreement for the
MAD 2019-650M Transaction, which is incorporated by reference as Exhibit 4.2 to
this Annual Report on Form 10-K.

Exhibit Index) with respect to the Parkmerced Mortgage Loan, which constituted
approximately 7.4% of the asset pool of the issuing entity as of its cut-off
date. The Parkmerced Mortgage Loan is an asset of the issuing entity and
is part of a loan combination that includes the Parkmerced Mortgage Loan, eight
other pari passu loans and four subordinate companion loans, which are
not assets of the issuing entity. A pari passu portion of the loan
combination was securitized in the MRCD 2019-PARK Mortgage Trust transaction
(the " MRCD 2019-PARK Transaction "). This loan combination, including the
Parkmerced Mortgage Loan, is being serviced and administered pursuant to the
trust and servicing agreement for the MRCD 2019-PARK Transaction, which is
incorporated by reference as Exhibit 4.3 to this Annual Report on Form 10-K.

 The Exhibit Index describes exhibits
provided by certain parties (in their capacities indicated on the Exhibit
Index) with respect to the F5 Tower Mortgage Loan, which constituted
approximately 4.9% of the asset pool of the issuing entity as of its cut-off
date. The F5 Tower Mortgage Loan is an asset of the issuing entity and is
part of a loan combination that includes the F5 Tower Mortgage Loan, three
other pari passu loans and two subordinate companion loans, which are
not assets of the issuing entity. A pari passu portion of the loan
combination was securitized in the BBCMS Mortgage Trust 2020-C6 transaction,
Commission File Number 333-226850-05 (the " BBCMS 2020-C6 Transaction ").
This loan combination, including the F5 Tower Mortgage Loan, is being serviced
and administered pursuant to the pooling and servicing agreement for the BBCMS
2020-C6 Transaction, which is incorporated by reference as Exhibit 4.4 to this
Annual Report on Form 10-K.

Exhibit Index) with respect to the 525 Market Street Mortgage Loan, which
constituted approximately 7.4% of the asset pool of the issuing entity as of its
cut-off date. The 525 Market Street Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the 525 Market
Street Mortgage Loan, ten other pari passu loans and three subordinate
companion loans, which are not assets of the issuing entity. A pari passu
portion of the loan combination was securitized in the MKT 2020-525M Mortgage
Trust transaction (the " MKT 2020-525M Transaction "). This loan
combination, including the 525 Market Street Mortgage Loan, is being serviced
and administered pursuant to the trust and servicing agreement for the MKT
2020-525M Transaction, which is incorporated by reference as Exhibit 4.5 to
this Annual Report on Form 10-K.

Exhibit Index) with respect to the One Stockton Mortgage Loan and the Vernon
Tower Mortgage Loan, which constituted approximately 2.6% and 2.1%, respectively,
of the asset pool of the issuing entity as of its cut-off date. The One
Stockton Mortgage Loan and the Vernon Tower Mortgage Loan are each an asset of
the issuing entity and are each part of a loan combination that includes (a)
with respect to the One Stockton Mortgage Loan, two other pari passu
loans, which are not assets of the issuing entity and (b) with respect to the
Vernon Tower Mortgage Loan, one other pari passu loan, which is not an
asset of the issuing entity. A pari passu portion of each loan
combination was securitized in the Wells Fargo Commercial Mortgage Trust
2020-C55 transaction, Commission File Number 333-226486-13 (the " WFCM
2020-C55 Transaction "). These loan combinations, including the One Stockton
Mortgage Loan and the Vernon Tower Mortgage Loan, are being serviced and
administered pursuant to the pooling and servicing agreement for the WFCM
2020-C55 Transaction, which is incorporated by reference as Exhibit 4.6 to this
Annual Report on Form 10-K.

Exhibit Index) with respect to The Cove at Tiburon Mortgage Loan, which
constituted approximately 6.2% of the asset pool of the issuing entity as of its
cut-off date. The Cove at Tiburon Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes The Cove at
Tiburon Mortgage Loan, one other pari passu loan and one subordinate
companion loan, which are not assets of the issuing entity. The other pari
passu portion of the loan combination was securitized in the SG Commercial
Mortgage Securities Trust 2020-COVE transaction (the " SGCMS 2020-COVE
Transaction "). This loan combination, including The Cove at Tiburon
Mortgage Loan, is being serviced and administered pursuant to the trust and
servicing agreement for the SGCMS 2020-COVE Transaction, which is incorporated
by reference as Exhibit 4.7 to this Annual Report on Form 10-K.

Exhibit Index) with respect to the Acuity Portfolio Mortgage Loan, which
constituted approximately 5.0% of the asset pool of the issuing entity as of its
cut-off date. The Acuity Portfolio Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the Acuity
Portfolio Mortgage Loan, four other pari passu loans and two subordinate
companion loans, which are not assets of the issuing entity. A pari passu
portion of the loan combination was securitized in the CFK Trust 2020-MF2
transaction (the " CFK 2020-MF2 Transaction "). This loan combination,
including the Acuity Portfolio Mortgage Loan, is being serviced and
administered pursuant to the trust and servicing agreement for the CFK 2020-MF2
Transaction, which is incorporated by reference as Exhibit 4.8 to this Annual Report
on Form 10-K.

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

 Wells Fargo Bank, National
Association is the master servicer and certificate administrator of the
mortgage loans serviced under the Pooling and Servicing Agreement and the
primary servicer of the 525 Market Street Mortgage Loan, The Cove at Tiburon
Mortgage Loan, the One Stockton Mortgage Loan and the Vernon Tower Mortgage
Loan. As a result, Wells Fargo Bank, National Association is a "servicer" as
defined in Item 1108(a)(2)(iii) of Regulation AB, in the capacities described
above, because it is servicing mortgage loans that constituted 10% or more of
the assets of the issuing entity as of its cut-off date. The assessments of
compliance with applicable servicing criteria, accountants' attestation reports
and servicer compliance statements delivered by Wells Fargo Bank, National
Association in the capacities described above are listed in the Exhibit Index.

 Wells Fargo Bank, National
Association is the custodian of the mortgage loans serviced under the Pooling
and Servicing Agreement, the 525 Market Street Mortgage Loan, the Parkmerced
Mortgage Loan, The Cove at Tiburon Mortgage Loan, the F5 Tower Mortgage Loan,
the One Stockton Mortgage Loan and the Vernon Tower Mortgage Loan. As a
result, Wells Fargo Bank, National Association is a servicing function
participant in the capacities described above, because it is servicing mortgage
loans that constituted 5% or more of the assets of the issuing entity as of its
cut-off date. The assessments of compliance with applicable servicing criteria
and accountants' attestation reports delivered by Wells Fargo Bank, National
Association in the capacities described above are listed in the Exhibit Index.

 Rialto Capital Advisors, LLC is
the special servicer of the mortgage loans serviced under the Pooling and
Servicing Agreement, the One Stockton Mortgage Loan and the Vernon Tower
Mortgage Loan. As a result, Rialto Capital Advisors, LLC is a "servicer" as
defined in Item 1108(a)(2)(iii) of Regulation AB, in the capacities described
above, because it is servicing mortgage loans that constituted 10% or more of
the assets of the issuing entity as of its cut-off date. The assessments of
compliance with applicable servicing criteria, accountants' attestation reports
and servicer compliance statements delivered by Rialto Capital Advisors, LLC in
the capacities described above are listed in the Exhibit Index.

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

 KeyBank National Association is
the primary servicer of the Inland Self Storage Michigan Portfolio Mortgage
Loan, the Weston South Carolina Industrial Portfolio Mortgage Loan, the 650
Madison Avenue Mortgage Loan and certain mortgage loans serviced under the
Pooling and Servicing Agreement and the primary servicer of the Parkmerced
Mortgage Loan, the special servicer of the Parkmerced Mortgage Loan prior to
March 13, 2024 and the primary servicer and special servicer of the Acuity
Portfolio Mortgage Loan. As a result, KeyBank National Association is a
"servicer" as defined in Item 1108(a)(2)(iii) of Regulation AB, in the
capacities described above, because it is servicing mortgage loans that
constituted 10% or more of the assets of the issuing entity as of its cut-off
date. The assessments of compliance with applicable servicing criteria,
accountants' attestation reports and servicer compliance statements delivered
by KeyBank National Association in the capacities described above are listed in
the Exhibit Index.

 Situs Holdings, LLC is the special servicer of the 525 Market
Street Mortgage Loan. This mortgage loan constitutes more than 5%, but
less than 10%, of the pool assets of the issuing entity. Therefore, the
Depositor included in this Annual Report on Form 10-K an assessment of
compliance with applicable servicing criteria for Situs Holdings, LLC and an
accountants' attestation report pursuant to Item 1122 of Regulation AB because
Situs Holdings, LLC is servicing more than 5% of the pool assets. Situs
Holdings, LLC is an affiliate of Rialto Real Estate Fund IV – Debt, LP, one of
the sponsors. Therefore, the Depositor included in this Annual Report on Form
10-K a servicer compliance statement for Situs Holdings, LLC pursuant to Item
1123.

 Citibank, N.A. is the custodian of the Acuity Portfolio
Mortgage Loan and the 650 Madison Avenue Mortgage Loan. As a result,
Citibank, N.A. is a servicing function participant in the capacities described
above, because it is servicing mortgage loans that constituted 5% or more of
the assets of the issuing entity as of its cut-off date. The assessments of
compliance with applicable servicing criteria and accountants' attestation
reports delivered by Citibank, N.A. in the capacities described above are listed
in the Exhibit Index, and exclude the servicing criteria set forth in Items
1122(d)(4)(i) and 1122(d)(4)(ii) of Regulation AB, relating to the maintenance
of collateral or security on pool assets as required by trust and servicing
agreement for the CFK 2020-MF2 Transaction and the trust and servicing
agreement for the MAD 2019-650M Transaction and the safeguarding of pool assets
and related documents as required by the trust and servicing agreement for the
CFK 2020-MF2 Transaction and the trust and servicing agreement for the MAD
2019-650M Transaction, which servicing criteria have been assessed by U.S. Bank
National Association, as a servicing function participant, as described below
in these Explanatory Notes.

 Wilmington Trust, National
Association acts as trustee of the mortgage loans serviced under the Pooling
and Servicing Agreement, the 525 Market Street Mortgage Loan, The Cove at
Tiburon Mortgage Loan, the 650 Madison Avenue Mortgage Loan, the One Stockton
Mortgage Loan and the Vernon Tower Mortgage Loan. Pursuant to the Pooling
and Servicing Agreement, the trust and servicing agreement for the MKT
2020-525M Transaction, the trust and servicing agreement for the SGCMS
2020-COVE Transaction, the trust and servicing agreement for the MAD 2019-650M
Transaction, and the pooling and servicing agreement for the WFCM 2020-C55
Transaction, the trustee is required to provide an assessment of compliance
with applicable servicing criteria solely with respect to Item 1122(d)(2)(iii)
of Regulation AB (regarding advances of funds or guarantees regarding
collections, cash flows or distributions, and any interest or other fees
charged for such advances, are made, reviewed and approved as specified in the
transaction agreements). However, during the reporting period, the trustee did
not perform any servicing function with respect to the servicing criteria
specified in Item 1122(d)(2)(iii) of Regulation AB. The master servicer
or the special servicer, to the extent required, performed the servicing
function identified with respect to Item 1122(d)(2)(iii) of Regulation AB, and
each such party included Item 1122(d)(2)(iii) of Regulation AB in the
assessment of compliance with applicable servicing criteria and accountant's
attestation report for the subject transaction. As a result, this Annual
Report on Form 10-K does not include an assessment of compliance with
applicable servicing criteria of the trustee. One or more other servicers of
the mortgage loans serviced under the Pooling and Servicing Agreement, the 525
Market Street Mortgage Loan, The Cove at Tiburon Mortgage Loan, the 650 Madison
Avenue Mortgage Loan, the One Stockton Mortgage Loan and the Vernon Tower
Mortgage Loan have delivered one or more assessments of compliance with respect
to Item 1122(d)(2)(iii) of Regulation AB.

 Wells Fargo Bank, National
Association acts as trustee of the Parkmerced Mortgage Loan and the F5 Tower
Mortgage Loan. Pursuant to the trust and servicing agreement for the MRCD
2019-PARK Transaction and the pooling and servicing agreement for the BBCMS
2020-C6 Transaction, the trustee is required to provide an assessment of
compliance with applicable servicing criteria solely with respect to Item
1122(d)(2)(iii) of Regulation AB (regarding advances of funds or guarantees
regarding collections, cash flows or distributions, and any interest or other
fees charged for such advances, are made, reviewed and approved as specified in
the transaction agreements). However, during the reporting period, the trustee
did not perform any servicing function with respect to the servicing criteria
specified in Item 1122(d)(2)(iii) of Regulation AB. The master servicer
or the special servicer, to the extent required, performed the servicing
function identified with respect to Item 1122(d)(2)(iii) of Regulation AB, and
each such party included Item 1122(d)(2)(iii) of Regulation AB in the
assessment of compliance with applicable servicing criteria and accountant's
attestation report for the subject transaction. As a result, this Annual
Report on Form 10-K does not include an assessment of compliance with
applicable servicing criteria of the trustee. One or more other servicers of
the Parkmerced Mortgage Loan and the F5 Tower Mortgage Loan have delivered one
or more assessments of compliance with respect to Item 1122(d)(2)(iii) of
Regulation AB.

 This Annual Report on Form 10-K
includes an assessment of compliance with applicable servicing criteria and an
accountant's attestation report from U.S. Bank National Association. This
entity was engaged by Citibank, N.A., as custodian of the 650 Madison Avenue
Mortgage Loan and the Acuity Portfolio Mortgage Loan, to perform certain
custodial services. These custodial services are servicing functions included
within the servicing criteria set forth in Items 1122(d)(4)(i) and
1122(d)(4)(ii) of Regulation AB. Therefore, under the principles-based
definition of "servicer" set forth in Item 1101(j) of Regulation AB that looks
to the functions that an entity performs, this vendor is a "servicer" for the
purposes of Item 1122 of Regulation AB. See Compliance and Disclosure
Interpretations, Section 301.01 (Item 1101(j)).

 This Annual Report on Form 10-K
includes assessments of compliance with applicable servicing criteria and
accountants' attestation reports from CoreLogic Solutions, LLC. This
entity was engaged by the master servicer under the Pooling and Servicing
Agreement (except with respect to those mortgage loans for which KeyBank
National Association is the primary servicer) and the primary servicer of
the 525 Market Street Mortgage Loan, the One Stockton Mortgage Loan, the Vernon
Tower Mortgage Loan and The Cove at Tiburon Mortgage Loan to remit tax payments
received from the escrow accounts of borrowers to local taxing authorities, to
report tax amounts due, to verify tax parcel information, and to verify
non-escrow tax payments. These servicing functions are included within the
servicing criteria set forth in Item 1122(d)(4)(xi) of Regulation AB.
Therefore, under the principles-based definition of "servicer" set forth in
Item 1101(j) of Regulation AB that looks to the functions that an entity
performs, this vendor is a "servicer" for the purposes of Item 1122 of
Regulation AB. See Compliance and Disclosure Interpretations,
Section 301.01 (Item 1101(j)).

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

 The assessments of compliance with
applicable servicing criteria, accountants' attestation reports and servicer
compliance statements of the certificate administrator of the Parkmerced
Mortgage Loan, the F5 Tower Mortgage Loan, the 525 Market Street Mortgage Loan,
the One Stockton Mortgage Loan, the Vernon Tower Mortgage Loan, The Cove at
Tiburon Mortgage Loan, the 650 Madison Avenue Mortgage Loan and the Acuity
Portfolio Mortgage Loan are omitted from this Annual Report on Form 10-K as the
certificate administrator pursuant to the related pooling and servicing
agreement or trust and servicing agreement does not perform any activities that
address servicing criteria with respect to the issuing entity and because they
are each not a "servicer" that meets the criteria in Item 1108(a)(2)(i) through
(iii) of Regulation AB.

 With respect to the pari passu
loan combinations that include the 650 Madison Avenue Mortgage Loan, the F5
Tower Mortgage Loan, The Cove at Tiburon Mortgage Loan and the Parkmerced
Mortgage Loan, (i) the reports on assessment of compliance with servicing
criteria and attestation reports on assessment of compliance with servicing
criteria of 3650 REIT Loan Servicing LLC as special servicer of the 650 Madison
Avenue Mortgage Loan, Midland Loan Services, a Division of PNC Bank, National
Association as primary servicer and special servicer of the F5 Tower Mortgage
Loan and Pentalpha Surveillance LLC as operating advisor of the F5 Tower
Mortgage Loan, listed on the Exhibit Index are omitted from this Annual Report
on Form 10-K as they are not required to be included on this Annual Report on
Form 10-K per Instruction 3 to Item 1122 of Regulation AB because they are
parties performing activities that address servicing criteria relating to 5% or
less of the assets of the issuing entity; and (ii) the servicer compliance
statements of 3650 REIT Loan Servicing LLC as special servicer of the 650
Madison Avenue Mortgage Loan, Midland Loan Services, a Division of PNC Bank,
National Association as primary servicer and special servicer of the F5 Tower
Mortgage Loan, Green Loan Services LLC as special servicer of the Parkmerced
Mortgage Loan on and after March 13, 2024 and Greystone Servicing Company LLC
as special servicer of The Cove at Tiburon Mortgage Loan, listed on the Exhibit
Index are omitted from this Annual Report on Form 10-K as they are not required
by Item 1123 of Regulation AB to be included on this Annual Report on Form 10-K
because they are each an unaffiliated party that is not a "servicer" that meets
the criteria in Item 1108(a)(2)(i) through (iii) of Regulation AB.

 Item 1. Business.

 Item 1A. Risk Factors.

 Item 1B. Unresolved Staff Comments.

 None.

 Item 1C. Cybersecurity.

 Item 2. Properties.

 Item 3. Legal Proceedings.

 Item 4. Mine Safety Disclosures.

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

 Item 6.

 [Reserved].

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

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

 Item 8. Financial Statements and Supplementary Data.

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

 Item 9A. Controls and Procedures.

 Item 9B. Other Information.

 None.

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

 None.

 Item 10. Directors, Executive Officers and Corporate
Governance.

 Item 11. Executive Compensation.

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

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

 Item 14. Principal Accountant Fees and Services.

 ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB

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

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

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

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

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

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

 Item 1117 of Regulation AB, Legal Proceedings.

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

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

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

 The information regarding this Item has been previously
provided in the prospectus of the Registrant relating to the issuing entity
filed on June 25, 2020 pursuant to Rule 424(b)(2).

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

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

assessments of compliance with respect to the 650 Madison Avenue Mortgage Loan,
which is being serviced and administered pursuant to the trust and servicing
agreement for the MAD 2019-650M Transaction, are attached hereto under Item 15
to this Annual Report on Form 10-K. Attached as Exhibit L to the trust and
servicing agreement for the MAD 2019-650M Transaction incorporated by reference
as Exhibit 4.2 to this Annual Report on Form 10-K is a chart identifying the
entities participating in a servicing function for the MAD 2019-650M
Transaction responsible for each applicable servicing criteria set forth in
Item 1122(d).

assessments of compliance with respect to the Parkmerced Mortgage Loan, which
is being serviced and administered pursuant to the trust and servicing
agreement for the MRCD 2019-PARK Transaction, are attached hereto under Item 15
to this Annual Report on Form 10-K. Attached as Exhibit L to the trust and
servicing agreement for the MRCD 2019-PARK Transaction incorporated by reference
as Exhibit 4.3 to this Annual Report on Form 10-K is a chart identifying the
entities participating in a servicing function for the MRCD 2019-PARK
Transaction responsible for each applicable servicing criteria set forth in
Item 1122(d).

assessments of compliance with respect to the F5 Tower Mortgage Loan, which is
being serviced and administered pursuant to the pooling and servicing agreement
for the BBCMS 2020-C6 Transaction, are attached hereto under Item 15 to this
Annual Report on Form 10-K. Attached as Exhibit AA to the pooling and servicing
agreement for the BBCMS 2020-C6 Transaction incorporated by reference as
Exhibit 4.4 to this Annual Report on Form 10-K is a chart identifying the
entities participating in a servicing function for the BBCMS 2020-C6
Transaction responsible for each applicable servicing criteria set forth in
Item 1122(d).

assessments of compliance with respect to the 525 Market Street Mortgage Loan,
which is being serviced and administered pursuant to the trust and servicing
agreement for the MKT 2020-525M Transaction, are attached hereto under Item 15
to this Annual Report on Form 10-K. Attached as Exhibit L to the trust and
servicing agreement for the MKT 2020-525M Transaction incorporated by reference
as Exhibit 4.5 to this Annual Report on Form 10-K is a chart identifying the
entities participating in a servicing function for the MKT 2020-525M
Transaction responsible for each applicable servicing criteria set forth in
Item 1122(d).

assessments of compliance with respect to the One Stockton Mortgage Loan and
the Vernon Tower Mortgage Loan, which are being serviced and administered
pursuant to the pooling and servicing agreement for the WFCM 2020-C55
Transaction, are attached hereto under Item 15 to this Annual Report on Form
10-K. Attached as Exhibit AA to the pooling and servicing agreement for the WFCM
2020-C55 Transaction incorporated by reference as Exhibit 4.6 to this Annual
Report on Form 10-K is a chart identifying the entities participating in a
servicing function for the WFCM 2020-C55 Transaction responsible for each
applicable servicing criteria set forth in Item 1122(d).

assessments of compliance with respect to The Cove at Tiburon Mortgage Loan,
which is being serviced and administered pursuant to the trust and servicing
agreement for the SGCMS 2020-COVE Transaction, are attached hereto under Item
15 to this Annual Report on Form 10-K. Attached as Exhibit L to the trust and
servicing agreement for the SGCMS 2020-COVE Transaction incorporated by
reference as Exhibit 4.7 to this Annual Report on Form 10-K is a chart
identifying the entities participating in a servicing function for the SGCMS
2020-COVE Transaction responsible for each applicable servicing criteria set
forth in Item 1122(d).

 The reports on assessments of compliance with the servicing criteria
for asset-backed securities and related attestation reports on such assessments
of compliance with respect to the Acuity Portfolio Mortgage Loan, which is
being serviced and administered pursuant to the trust and servicing agreement
for the CFK 2020-MF2 Transaction, are attached hereto under Item 15 to this
Annual Report on Form 10-K. Attached as Exhibit L to the trust and servicing
agreement for the CFK 2020-MF2 Transaction incorporated by reference as Exhibit
4.8 to this Annual Report on Form 10-K is a chart identifying the entities
participating in a servicing function for the CFK 2020-MF2 Transaction
responsible for each applicable servicing criteria set forth in Item 1122(d).

 Item 1123 of Regulation AB, Servicer Compliance Statement.

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

 Item 15. Exhibits and Financial Statement Schedules.

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

 (1) Not applicable

 (2) Not applicable

 (3) See below

 4.1
 Pooling
and Servicing Agreement, dated as of June 1, 2020, among Barclays Commercial
Mortgage Securities LLC, as Depositor, Wells Fargo Bank, National Association,
as Master Servicer, Rialto Capital Advisors, LLC, as Special Servicer, Wells
Fargo Bank, National Association, as Certificate Administrator, Wilmington
Trust, National Association, as Trustee, and Park Bridge Lender Services LLC,
as Operating Advisor and as Asset Representations Reviewer (filed as Exhibit
4.1 to the registrant's Current Report on Form 8-K/A filed on July 1, 2020
under Commission File No. 333-226850-06 and incorporated by reference herein).

 4.2
 Trust
and Servicing Agreement, dated as of December 8, 2019, among Citigroup
Commercial Mortgage Securities Inc., as Depositor, KeyBank National
Association, as Servicer, LNR Partners, LLC, as Special Servicer, Wilmington
Trust, National Association, as Trustee, and Citibank N.A., as Certificate
Administrator (filed as Exhibit 4.7 to the registrant's Current Report on Form
8-K filed on June 25, 2020 under Commission File No. 333-226850-06 and

 4.3
 Trust
and Servicing Agreement, dated as of December 19, 2019, among Barclays
Commercial Mortgage Securities LLC, as Depositor, KeyBank National Association,
as Servicer and as Special Servicer, Park Bridge Lender Services LLC, as
Operating Advisor, and Wells Fargo Bank, National Association, as Certificate
Administrator and as Trustee (filed as Exhibit 4.2 to the registrant's Current
Report on Form 8-K filed on June 25, 2020 under Commission File No.
333-226850-06 and incorporated by reference herein).

 4.4
 Pooling
and Servicing Agreement, dated as of February 1, 2020, between Barclays
Commercial Mortgage Securities LLC, as Depositor, Midland Loan Services, a
Division of PNC Bank, National Association, as Master Servicer, Midland Loan
Services, a Division of PNC Bank, National Association, as Special Servicer,
Wells Fargo Bank, National Association, as Certificate Administrator, Wells
Fargo Bank, National Association, as Trustee, and Pentalpha Surveillance LLC,
as Operating Advisor and as Asset Representations Reviewer (filed as Exhibit
4.6 to the registrant's Current Report on Form 8-K filed on June 25, 2020 under
Commission File No. 333-226850-06 and incorporated by reference herein).

 4.5
 Trust
and Servicing Agreement, dated as of February 26, 2020, among Barclays Commercial
Mortgage Securities LLC, as Depositor, Wells Fargo Bank, National Association,
as Servicer, Situs Holdings, LLC, as Special Servicer, Wilmington Trust,
National Association, as Trustee, and Wells Fargo Bank, National Association,
as Certificate Administrator and Custodian (filed as Exhibit 4.3 to the

 4.6
 Pooling
and Servicing Agreement, dated as of February 1, 2020, among Wells Fargo
Commercial Mortgage Securities, Inc., as Depositor, Wells Fargo Bank, National
Association, as Master Servicer, Rialto Capital Advisors, LLC, as Special
Servicer, Wells Fargo Bank, National Association, as Certificate Administrator,
Wilmington Trust, National Association, as Trustee, and Park Bridge Lender
Services LLC, as Operating Advisor and as Asset Representations Reviewer (filed
as Exhibit 4.8 to the registrant's Current Report on Form 8-K filed on June 25,
2020 under Commission File No. 333-226850-06 and incorporated by reference
herein).

 4.7
 Trust
and Servicing Agreement, dated as of February 12, 2020, among SG Commercial
Mortgage Securities, LLC, as Depositor, Wells Fargo Bank, National Association,
as Servicer, AEGON USA Realty Advisors, LLC, as Special Servicer, Wells Fargo
Bank, National Association, as Certificate Administrator, and Wilmington Trust,
National Association, as Trustee (filed as Exhibit 4.4 to the registrant's
Current Report on Form 8-K filed on June 25, 2020 under Commission File No.
333-226850-06 and incorporated by reference herein).

 4.8
 Trust
and Servicing Agreement, dated as of March 10, 2020, among CCRE Commercial
Mortgage Securities, L.P., as Depositor, KeyBank National Association, as
Servicer, KeyBank National Association, as Special Servicer, and Citibank,
N.A., as Certificate Administrator, Custodian and Trustee (filed as Exhibit 4.5
to the registrant's Current Report on Form 8-K filed on June 25, 2020 under
Commission File No. 333-226850-06 and incorporated by reference herein).

 4.9
Agreement, dated as of December 5, 2019, by and among Barclays Bank PLC, as
Initial Note A-1 Holder, Citi Real Estate Funding Inc., as Initial Note A-2
Holder, Barclays Bank PLC, as Initial Note A-3 Holder, Citi Real Estate Funding
Inc., as Initial Note A-4 Holder, Barclays Bank PLC, as Initial Note A-5
Holder, Citi Real Estate Funding Inc., as Initial Note A-6 Holder, Barclays
Bank PLC, as Initial Note A-7 Holder, Citi Real Estate Funding Inc., as Initial
Note A-8 Holder, Barclays Bank PLC, as Initial Note B-1 Holder, Citi Real
Estate Funding Inc., as Initial Note B-2 Holder, Barclays Capital Real Estate
Inc., as Initial Note C-1 Holder, and Citi Real Estate Funding Inc., as Initial
Note C-2 Holder (filed as Exhibit 4.9 to the registrant's Current Report on
Form 8-K filed on June 25, 2020 under Commission File No. 333-226850-06 and

 4.10
Agreement, dated as of February 26, 2020, by and among Barclays Bank PLC, as
Note A-1 Holder and Note A-2 Holder, Barclays Capital Real Estate Inc., as
Initial Note A-3 Holder, Initial Note A-8 Holder and Initial Note B-1 Holder,
Goldman Sachs Bank USA, as Initial Note A-4 Holder, Initial Note A-5 Holder,
Initial Note A-9 Holder and Initial Note B-2 Holder, and Wells Fargo Bank,
National Association, as Initial Note A-6 Holder, Initial Note A-7 Holder,
Initial Note A-10 Holder and Initial Note B-3 Holder (filed as Exhibit 4.10 to
the registrant's Current Report on Form 8-K filed on June 25, 2020 under
Commission File No. 333-226850-06 and incorporated by reference herein).

 4.11
Between Noteholders, dated as of February 12, 2020, by and between Societe
Generale Financial Corporation, as Initial Note A-1A Holder, Societe Generale
Financial Corporation, as Initial Note A-1B Holder, Societe Generale Financial
Corporation, as Initial Note A-1C Holder, and Societe Generale Financial
Corporation, as Initial Note A-2 Holder (filed as Exhibit 4.11 to the

 4.12
Between Noteholders, dated as of February 4, 2020, by and among KeyBank
National Association, as Initial Note A-1 Holder, and KeyBank National
Association, as Initial Note A-2 Holder (filed as Exhibit 4.12 to the

 4.13
Between Noteholders, dated as of May 29, 2020, by and among KeyBank National
Association, as Initial Note A-1 Holder, and KeyBank National Association, as
Initial Note A-2 Holder (filed as Exhibit 4.13 to the registrant's Current
Report on Form 8-K filed on June 25, 2020 under Commission File No.
333-226850-06 and incorporated by reference herein).

 4.14
Between Note Holders, dated as of June 25, 2020, by and among Societe Generale
Financial Corporation, as Initial Note A-1 Holder, and Societe Generale
Financial Corporation, as Initial Note A-2 Holder (filed as Exhibit 4.14 to the

 4.15
Agreement, dated as of March 17, 2020, by and among Cantor Commercial Real
Estate Lending, L.P., as Initial Note A-1 Holder, Initial Note A-3 Holder,
Initial Note A-4 Holder and Initial Note B-1 Holder, and KeyBank National
Association, as Initial Note A-2 Holder, Initial Note A-5 Holder, Initial Note
A-6 Holder and Initial Note B-2 Holder (filed as Exhibit 4.15 to the

 4.16
Agreement, dated as of February 19, 2020, by and among Barclays Capital Real
Estate Inc., as Initial Note A-1-A Holder and Initial Note B-1 Holder, Barclays
Bank PLC, as Initial Note A-1-B Holder and Initial Note A-1-C Holder, and DBR
Investments Co. Limited, as Initial Note A-2 Holder and Initial Note B-2 Holder
(filed as Exhibit 4.16 to the registrant's Current Report on Form 8-K filed on
June 25, 2020 under Commission File No. 333-226850-06 and incorporated by
reference herein).

 4.17
Between Noteholders, dated as of November 26, 2019, by and among Citi Real
Estate Funding Inc., as Initial Note A-1 Holder and Initial Note A-4 Holder,
Goldman Sachs Bank USA, as Initial Note A-2 Holder and Initial Note A-5 Holder,
Barclays Capital Real Estate Inc., as Initial Note A-3 Holder and Initial Note
A-6 Holder, BMO Harris Bank N.A., as Initial Note A-7 Holder, Citi Real Estate
Funding Inc., as Initial Note B-1 Holder, Goldman Sachs Bank USA, as Initial
Note B-2 Holder, Barclays Capital Real Estate Inc., as Initial Note B-3 Holder,
and BMO Harris Bank N.A., as Initial Note B-4 Holder (filed as Exhibit 4.17 to
the registrant's Current Report on Form 8-K filed on June 25, 2020 under
Commission File No. 333-226850-06 and incorporated by reference herein).

 4.18
Between Note Holders, dated as of February 4, 2020, by and between Barclays
Capital Real Estate Inc., as Initial Note A-1 Holder, Barclays Capital Real
Estate Inc., as Initial Note A-2 Holder, and Barclays Capital Real Estate Inc.,
as Initial Note A-3 Holder (filed as Exhibit 4.18 to the registrant's Current
Report on Form 8-K filed on June 25, 2020 under Commission File No.
333-226850-06 and incorporated by reference herein).

 4.19
Agreement, dated as of January 27, 2020, by and between BSPRT CMBS Finance,
LLC, as Note A-1 Holder, and BSPRT CMBS Finance, LLC, as Note A-2 Holder (filed
as Exhibit 4.19 to the registrant's Current Report on Form 8-K filed on June
25, 2020 under Commission File No. 333-226850-06 and incorporated by reference
herein).

 4.20
 Primary
Servicing Agreement, dated as of June 1, 2020, by and between KeyBank National
Association, as Primary Servicer, and Wells Fargo Bank, National Association,
as Master Servicer (filed as Exhibit 4.20 to the registrant's Current Report on
Form 8-K filed on June 25, 2020 under Commission File No. 333-226850-06 and

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

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

 33.1
 Wells Fargo Bank, National Association, as Master
Servicer

 33.2

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

 33.4
Certificate Administrator

 33.5
Custodian

 33.6
Advisor

 33.7
Participant

 33.8

 33.9
as Servicing Function Participant for the Certificate Administrator

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

 33.11
of the Inland Self Storage Michigan Portfolio Mortgage Loan (see Exhibit 33.8)

 33.12
of the Inland Self Storage Michigan Portfolio Mortgage Loan (see Exhibit 33.2)

 33.13
Wilmington Trust, National Association, as Trustee of the Inland Self Storage
Michigan Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)

 33.14
Custodian of the Inland Self Storage Michigan Portfolio Mortgage Loan (see
Exhibit 33.5)

 33.15
Advisor of the Inland Self Storage Michigan Portfolio Mortgage Loan (see
Exhibit 33.6)

 33.16 Computershare Trust Company, National Association, as
Servicing Function Participant for the Custodian (see Exhibit 33.10)

 33.17
33.8)

 33.18
33.2)

 33.19
Wilmington Trust, National Association, as Trustee of the Weston South Carolina
Industrial Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)

 33.20
Custodian of the Weston South Carolina Industrial Portfolio Mortgage Loan (see
Exhibit 33.5)

 33.21
Advisor of the Weston South Carolina Industrial Portfolio Mortgage Loan (see
Exhibit 33.6)

 33.22

 33.23
Servicer of the ExchangeRight Net Leased Portfolio 32 Mortgage Loan (see
Exhibit 33.1)

 33.24
of the ExchangeRight Net Leased Portfolio 32 Mortgage Loan (see Exhibit 33.2)

 33.25
Wilmington Trust, National Association, as Trustee of the ExchangeRight Net
Leased Portfolio 32 Mortgage Loan (Omitted. See Explanatory Notes.)

 33.26
Custodian of the ExchangeRight Net Leased Portfolio 32 Mortgage Loan (see
Exhibit 33.5)

 33.27
Advisor of the ExchangeRight Net Leased Portfolio 32 Mortgage Loan (see Exhibit
33.6)

 33.28
Participant of the ExchangeRight Net Leased Portfolio 32 Mortgage Loan (see
Exhibit 33.7)

 33.29

 33.30
of the 650 Madison Avenue Mortgage Loan (see Exhibit 33.8)

 33.31
3650 REIT Loan Servicing LLC, as Special Servicer of the 650 Madison Avenue

 33.32
Wilmington Trust, National Association, as Trustee of the 650 Madison Avenue

 33.33
 Citibank, N.A., as Custodian of the 650 Madison
Avenue Mortgage Loan

 33.34
 U.S. Bank National Association, as Servicing
Function Participant of the 650 Madison Avenue Mortgage Loan

 33.35
of the Parkmerced Mortgage Loan (see Exhibit 33.8)

 33.36
of the Parkmerced Mortgage Loan prior to March 13, 2024 (see Exhibit 33.8)

 33.37
 Green Loan Services LLC, as Special Servicer of
the Parkmerced Mortgage Loan on and after March 13, 2024

 33.38
Wells Fargo Bank, National Association, as Trustee of the Parkmerced Mortgage

 33.39
Custodian of the Parkmerced Mortgage Loan (see Exhibit 33.5)

 33.40
Advisor of the Parkmerced Mortgage Loan (see Exhibit 33.6)

 33.41

 33.42
Midland Loan Services, a Division of PNC Bank, National Association, as Primary

 33.43
Midland Loan Services, a Division of PNC Bank, National Association, as Special

 33.44
Wells Fargo Bank, National Association, as Trustee of the F5 Tower Mortgage

 33.45
Custodian of the F5 Tower Mortgage Loan (see Exhibit 33.5)

 33.46
Pentalpha Surveillance LLC, as Operating Advisor of the F5 Tower Mortgage Loan
(Omitted. See Explanatory Notes.)

 33.47

 33.48
Servicer of the 525 Market Street Mortgage Loan (see Exhibit 33.1)

 33.49
 Situs Holdings, LLC, as Special Servicer of the
525 Market Street Mortgage Loan

 33.50
Wilmington Trust, National Association, as Trustee of the 525 Market Street

 33.51
Custodian of the 525 Market Street Mortgage Loan (see Exhibit 33.5)

 33.52
Participant of the 525 Market Street Mortgage Loan (see Exhibit 33.7)

 33.53

 33.54
Servicer of the One Stockton Mortgage Loan (see Exhibit 33.1)

 33.55
of the One Stockton Mortgage Loan (see Exhibit 33.2)

 33.56
Wilmington Trust, National Association, as Trustee of the One Stockton Mortgage

 33.57
Custodian of the One Stockton Mortgage Loan (see Exhibit 33.5)

 33.58
Advisor of the One Stockton Mortgage Loan (see Exhibit 33.6)

 33.59
Participant of the One Stockton Mortgage Loan (see Exhibit 33.7)

 33.60

 33.61
Servicer of the Vernon Tower Mortgage Loan (see Exhibit 33.1)

 33.62
of the Vernon Tower Mortgage Loan (see Exhibit 33.2)

 33.63
Wilmington Trust, National Association, as Trustee of the Vernon Tower Mortgage

 33.64
Custodian of the Vernon Tower Mortgage Loan (see Exhibit 33.5)

 33.65
Advisor of the Vernon Tower Mortgage Loan (see Exhibit 33.6)

 33.66
Participant of the Vernon Tower Mortgage Loan (see Exhibit 33.7)

 33.67

 33.68
Servicer of The Cove at Tiburon Mortgage Loan (see Exhibit 33.1)

 33.69
 Greystone Servicing Company LLC, as Special
Servicer of The Cove at Tiburon Mortgage Loan

 33.70
Wilmington Trust, National Association, as Trustee of The Cove at Tiburon

 33.71
Custodian of The Cove at Tiburon Mortgage Loan (see Exhibit 33.5)

 33.72
Participant of The Cove at Tiburon Mortgage Loan (see Exhibit 33.7)

 33.73

 33.74
of the Acuity Portfolio Mortgage Loan (see Exhibit 33.8)

 33.75
of the Acuity Portfolio Mortgage Loan (see Exhibit 33.8)

 33.76
 Citibank, N.A., as Trustee and Custodian of the
Acuity Portfolio Mortgage Loan (see Exhibit 33.33)

 33.77
 U.S. Bank National Association, as Servicing
Function Participant of the Acuity Portfolio Mortgage Loan (see Exhibit 33.34)

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

 34.1
 Wells Fargo Bank, National Association, as Master
Servicer

 34.2

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

 34.4
Certificate Administrator

 34.5
Custodian

 34.6
Advisor

 34.7
Participant

 34.8

 34.9
as Servicing Function Participant for the Certificate Administrator

 34.10
as Servicing Function Participant for the Custodian

 34.11
of the Inland Self Storage Michigan Portfolio Mortgage Loan (see Exhibit 34.8)

 34.12
of the Inland Self Storage Michigan Portfolio Mortgage Loan (see Exhibit 34.2)

 34.13
Wilmington Trust, National Association, as Trustee of the Inland Self Storage
Michigan Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)

 34.14
Custodian of the Inland Self Storage Michigan Portfolio Mortgage Loan (see
Exhibit 34.5)

 34.15
Advisor of the Inland Self Storage Michigan Portfolio Mortgage Loan (see
Exhibit 34.6)

 34.16

 34.17
34.8)

 34.18
34.2)

 34.19
Wilmington Trust, National Association, as Trustee of the Weston South Carolina
Industrial Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)

 34.20
Custodian of the Weston South Carolina Industrial Portfolio Mortgage Loan (see
Exhibit 34.5)

 34.21
Advisor of the Weston South Carolina Industrial Portfolio Mortgage Loan (see
Exhibit 34.6)

 34.22

 34.23
Servicer of the ExchangeRight Net Leased Portfolio 32 Mortgage Loan (see
Exhibit 34.1)

 34.24
of the ExchangeRight Net Leased Portfolio 32 Mortgage Loan (see Exhibit 34.2)

 34.25
Wilmington Trust, National Association, as Trustee of the ExchangeRight Net
Leased Portfolio 32 Mortgage Loan (Omitted. See Explanatory Notes.)

 34.26
Custodian of the ExchangeRight Net Leased Portfolio 32 Mortgage Loan (see
Exhibit 34.5)

 34.27
Advisor of the ExchangeRight Net Leased Portfolio 32 Mortgage Loan (see Exhibit
34.6)

 34.28
Participant of the ExchangeRight Net Leased Portfolio 32 Mortgage Loan (see
Exhibit 34.7)

 34.29

 34.30
of the 650 Madison Avenue Mortgage Loan (see Exhibit 34.8)

 34.31
3650 REIT Loan Servicing LLC, as Special Servicer of the 650 Madison Avenue

 34.32
Wilmington Trust, National Association, as Trustee of the 650 Madison Avenue

 34.33
 Citibank, N.A., as Custodian of the 650 Madison
Avenue Mortgage Loan

 34.34
 U.S. Bank National Association, as Servicing
Function Participant of the 650 Madison Avenue Mortgage Loan

 34.35
of the Parkmerced Mortgage Loan (see Exhibit 34.8)

 34.36
 KeyBank National Association,
as Special Servicer of the Parkmerced Mortgage Loan prior to March 13, 2024
(see Exhibit 34.8)

 34.37
 Green Loan Services LLC, as Special Servicer of
the Parkmerced Mortgage Loan on and after March 13, 2024

 34.38
Wells Fargo Bank, National Association, as Trustee of the Parkmerced Mortgage

 34.39
Custodian of the Parkmerced Mortgage Loan (see Exhibit 34.5)

 34.40
Advisor of the Parkmerced Mortgage Loan (see Exhibit 34.6)

 34.41

 34.42
Midland Loan Services, a Division of PNC Bank, National Association, as Primary

 34.43
Midland Loan Services, a Division of PNC Bank, National Association, as Special

 34.44
Wells Fargo Bank, National Association, as Trustee of the F5 Tower Mortgage

 34.45
Custodian of the F5 Tower Mortgage Loan (see Exhibit 34.5)

 34.46
Pentalpha Surveillance LLC, as Operating Advisor of the F5 Tower Mortgage Loan
(Omitted. See Explanatory Notes.)

 34.47

 34.48
Servicer of the 525 Market Street Mortgage Loan (see Exhibit 34.1)

 34.49
 Situs Holdings, LLC, as Special Servicer of the
525 Market Street Mortgage Loan

 34.50
Wilmington Trust, National Association, as Trustee of the 525 Market Street

 34.51
Custodian of the 525 Market Street Mortgage Loan (see Exhibit 34.5)

 34.52
Participant of the 525 Market Street Mortgage Loan (see Exhibit 34.7)

 34.53

 34.54
Servicer of the One Stockton Mortgage Loan (see Exhibit 34.1)

 34.55
of the One Stockton Mortgage Loan (see Exhibit 34.2)

 34.56
Wilmington Trust, National Association, as Trustee of the One Stockton Mortgage

 34.57
Custodian of the One Stockton Mortgage Loan (see Exhibit 34.5)

 34.58
Advisor of the One Stockton Mortgage Loan (see Exhibit 34.6)

 34.59
Participant of the One Stockton Mortgage Loan (see Exhibit 34.7)

 34.60

 34.61
Servicer of the Vernon Tower Mortgage Loan (see Exhibit 34.1)

 34.62
of the Vernon Tower Mortgage Loan (see Exhibit 34.2)

 34.63
Wilmington Trust, National Association, as Trustee of the Vernon Tower Mortgage

 34.64
Custodian of the Vernon Tower Mortgage Loan (see Exhibit 34.5)

 34.65
Advisor of the Vernon Tower Mortgage Loan (see Exhibit 34.6)

 34.66
Participant of the Vernon Tower Mortgage Loan (see Exhibit 34.7)

 34.67

 34.68
Servicer of The Cove at Tiburon Mortgage Loan (see Exhibit 34.1)

 34.69
 Greystone Servicing Company LLC, as Special
Servicer of The Cove at Tiburon Mortgage Loan

 34.70
Wilmington Trust, National Association, as Trustee of The Cove at Tiburon

 34.71
Custodian of The Cove at Tiburon Mortgage Loan (see Exhibit 34.5)

 34.72
Participant of The Cove at Tiburon Mortgage Loan (see Exhibit 34.7)

 34.73

 34.74
of the Acuity Portfolio Mortgage Loan (see Exhibit 34.8)

 34.75
of the Acuity Portfolio Mortgage Loan (see Exhibit 34.8)

 34.76
 Citibank, N.A., as Trustee and Custodian of the
Acuity Portfolio Mortgage Loan (see Exhibit 34.33)

 34.77
 U.S. Bank National Association, as Servicing
Function Participant of the Acuity Portfolio Mortgage Loan (see Exhibit 34.34)

Servicer compliance statements.

 35.1
 Wells Fargo Bank, National Association, as Master
Servicer

 35.2

 35.3
Certificate Administrator

 35.4
as Servicing Function Participant for the Certificate Administrator

 35.5

 35.6
of the Inland Self Storage Michigan Portfolio Mortgage Loan (see Exhibit 35.5)

 35.7
of the Inland Self Storage Michigan Portfolio Mortgage Loan (see Exhibit 35.2)

 35.8
35.5)

 35.9
35.2)

 35.10
Servicer of the ExchangeRight Net Leased Portfolio 32 Mortgage Loan (see
Exhibit 35.1)

 35.11
of the ExchangeRight Net Leased Portfolio 32 Mortgage Loan (see Exhibit 35.2)

 35.12
of the 650 Madison Avenue Mortgage Loan (see Exhibit 35.5)

 35.13
3650 REIT Loan Servicing LLC, as Special Servicer of the 650 Madison Avenue

 35.14
of the Parkmerced Mortgage Loan (see Exhibit 35.5)

 35.15
of the Parkmerced Mortgage Loan prior to March 13, 2024 (see Exhibit 35.5)

 35.16
Green Loan Services LLC, as Special Servicer of the Parkmerced Mortgage Loan on
and after March 13, 2024 (Omitted. See Explanatory Notes.)

 35.17
Midland Loan Services, a Division of PNC Bank, National Association, as Primary

 35.18
Midland Loan Services, a Division of PNC Bank, National Association, as Special

 35.19
Servicer of the 525 Market Street Mortgage Loan (see Exhibit 35.1)

 35.20
 Situs Holdings, LLC, as Special Servicer of the
525 Market Street Mortgage Loan

 35.21
Servicer of the One Stockton Mortgage Loan (see Exhibit 35.1)

 35.22
of the One Stockton Mortgage Loan (see Exhibit 35.2)

 35.23
Servicer of the Vernon Tower Mortgage Loan (see Exhibit 35.1)

 35.24
of the Vernon Tower Mortgage Loan (see Exhibit 35.2)

 35.25
Servicer of The Cove at Tiburon Mortgage Loan (see Exhibit 35.1)

 35.26
Greystone Servicing Company LLC, as Special Servicer of The Cove at Tiburon

 35.27
of the Acuity Portfolio Mortgage Loan (see Exhibit 35.5)

 35.28
of the Acuity Portfolio Mortgage Loan (see Exhibit 35.5)

 99.1
Loan Purchase Agreement, dated as of June 12, 2020, among Barclays Capital Real
Estate Inc., Barclays Capital Holdings Inc. and Barclays Commercial Mortgage
Securities LLC (filed as Exhibit 99.1 to the registrant's Current Report on
Form 8-K filed on June 25, 2020 under Commission File No. 333-226850-06 and

 99.2
Loan Purchase Agreement, dated as of June 12, 2020, between KeyBank National
Association and Barclays Commercial Mortgage Securities LLC (filed as Exhibit
99.2 to the registrant's Current Report on Form 8-K filed on June 25, 2020
under Commission File No. 333-226850-06 and incorporated by reference herein).

 99.3
Loan Purchase Agreement, dated as of June 12, 2020, among Societe Generale
Financial Corporation, Soci t G n rale and Barclays Commercial Mortgage
Securities LLC (filed as Exhibit 99.3 to the registrant's Current Report on
Form 8-K filed on June 25, 2020 under Commission File No. 333-226850-06 and

 99.4
Loan Purchase Agreement, dated as of June 12, 2020, between Rialto Real Estate
Fund IV – Debt, LP and Barclays Commercial Mortgage Securities LLC (filed as
Exhibit 99.4 to the registrant's Current Report on Form 8-K filed on June 25,
2020 under Commission File No. 333-226850-06 and incorporated by reference
herein).

 99.5
Loan Purchase Agreement, dated as of June 12, 2020, between Natixis Real Estate
Capital LLC and Barclays Commercial Mortgage Securities LLC (filed as Exhibit
99.5 to the registrant's Current Report on Form 8-K filed on June 25, 2020
under Commission File No. 333-226850-06 and incorporated by reference herein).

 (b) The exhibits required to be filed by the
Registrant pursuant to Item 601 of Regulation S-K are listed above.

 (c) Not Applicable.

 SIGNATURES

 Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.

 Barclays Commercial Mortgage
Securities LLC

(Depositor)

 /s/ Daniel Schmidt

 Daniel
Schmidt, Chief Executive Officer

 (senior officer in charge of
securitization of the depositor)

 Date: March 12, 2025