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: 333-190246-17

 Central Index Key Number of the issuing entity:
0001652982

 JPMBB Commercial Mortgage
Securities Trust 2015-C32

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

 Central Index Key Number of the depositor: 0001013611

 J.P. Morgan Chase Commercial
Mortgage Securities Corp.

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

 Central Index Key Number of the sponsor: 0000835271

 JPMorgan Chase Bank, National
Association

 Central Index Key Number of the sponsor: 0000312070

 Barclays Bank PLC

 Central Index Key Number of the sponsor: 0001682523

 Starwood Mortgage Funding II LLC

 Central Index Key Number of the sponsor: 0001576832

 MC-Five Mile Commercial Mortgage
Finance LLC

 Central Index Key Number of the sponsor: 0001567746

 Aspire HEI, Inc. (formerly known as
Redwood Commercial Mortgage Corporation)

 Central Index Key Number of the sponsor: 0001587045

 RAIT Funding, LLC

 New York

 (State or other jurisdiction of

 incorporation or organization of

 the issuing entity)

 38-3979800

 38-3979801

 38-7143637

 (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) 834-5467

 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 New Center One Building Mortgage Loan,
which constituted approximately 1.7% of the asset pool of the issuing entity as
of its cut-off date, is an asset of the issuing entity and is part of a loan
combination that includes the New Center One Building Mortgage Loan and one
other pari passu loan, which is not an asset of the issuing entity. This
loan combination, including the New Center One Building Mortgage Loan, is being
serviced and administered pursuant to the Pooling and Servicing Agreement,
which is incorporated by reference as Exhibit 4.1 to this Annual Report on Form
10-K.

 The Exhibit Index describes
exhibits provided by certain parties (in their capacities indicated on the
Exhibit Index) with respect to the One Shell Square Mortgage Loan, which
constituted approximately 3.1% of the asset pool of the issuing entity as of its
cut-off date. The One Shell Square Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes one other pari
passu loan, which is not an asset of the issuing entity. The other pari
passu portion of the loan combination was securitized in the JPMBB
Commercial Mortgage Securities Trust 2015-C30 transaction, Commission File
Number 333-190246-15 (the " JPMBB 2015-C30 Transaction "). This loan
combination, including the One Shell Square Mortgage Loan, is being serviced
and administered pursuant to the pooling and servicing agreement for the JPMBB
2015-C30 Transaction, which is incorporated by reference as Exhibit 4.2 to this
Annual Report on Form 10-K.

 The Exhibit Index describes
exhibits provided by certain parties (in their capacities indicated on the
Exhibit Index) with respect to the Civic Opera Building Mortgage Loan, which
constituted approximately 6.5% of the asset pool of the issuing entity as of
its cut-off date. The Civic Opera Building Mortgage Loan is an asset of
the issuing entity and is part of a loan combination that includes the Civic
Opera Building Mortgage Loan and one other pari passu loan, which is not
an asset of the issuing entity. The other pari passu portion of the loan
combination was securitized in the JPMBB Commercial Mortgage Securities Trust
2015-C31 transaction, Commission File Number 333-190246-16 (the " JPMBB
2015-C31 Transaction "). This loan combination, including the Civic Opera
Building Mortgage Loan, is being serviced and administered pursuant to the
pooling and servicing agreement for the JPMBB 2015-C31 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 U-Haul Portfolio Mortgage Loan, which
constituted approximately 4.3% of the asset pool of the issuing entity as of its
cut-off date. The U-Haul Portfolio Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the U-Haul
Portfolio Mortgage Loan, two other pari passu loans and one subordinate
companion loan, which are not assets of the issuing entity. A pari passu
portion of the loan combination was securitized in the MSJP 2015-HAUL
transaction (the " MSJP 2015-HAUL Transaction "). This loan combination,
including the U-Haul Portfolio Mortgage Loan, is being serviced and
administered pursuant to the trust and servicing agreement for the MSJP
2015-HAUL Transaction, which is incorporated by reference as Exhibit 4.4 to
this Annual Report on Form 10-K.

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

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

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

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

 Pentalpha Surveillance LLC is the
senior trust advisor of the mortgage loans serviced under the Pooling and
Servicing Agreement, the Civic Opera Building Mortgage Loan and the One Shell
Square Mortgage Loan. As a result, Pentalpha Surveillance 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
Pentalpha Surveillance LLC in the capacities described above are listed in the
Exhibit Index.

 Wells Fargo Bank, National
Association acts as trustee of the Civic Opera Building Mortgage Loan.
Pursuant to the pooling and servicing agreement for the JPMBB 2015-C31
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 Civic Opera Building Mortgage
Loan have delivered one or more assessments of compliance with respect to Item
1122(d)(2)(iii) of Regulation AB.

 Wilmington Trust, National
Association acts as trustee of the mortgage loans serviced under the Pooling
and Servicing Agreement and the One Shell Square Mortgage Loan. Pursuant
to the Pooling and Servicing Agreement and the pooling and servicing agreement
for the JPMBB 2015-C30 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 and
the One Shell Square Mortgage Loan have delivered one or more assessments of
compliance with respect to Item 1122(d)(2)(iii) of Regulation AB.

 U.S. Bank Trust Company, National
Association acts as trustee of the U-Haul Portfolio Mortgage Loan.
Pursuant to the trust and servicing agreement for the MSJP 2015-HAUL
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 U-Haul Portfolio Mortgage Loan
have delivered one or more assessments of compliance with respect to Item
1122(d)(2)(iii) of Regulation AB.

 This Annual Report on Form 10-K
includes assessments of compliance with applicable servicing criteria and
accountants' attestation reports from CoreLogic Solutions, LLC. This
entity was engaged by the master servicer under the Pooling and Servicing
Agreement and the primary servicer of the One Shell Square Mortgage Loan and
the U-Haul Portfolio 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 One Shell Square
Mortgage Loan, the Civic Opera Building Mortgage Loan and the U-Haul 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 Civic Opera Building Mortgage Loan and the
U-Haul Portfolio Mortgage Loan, (i) the report on assessment of compliance with
servicing criteria and attestation report on assessment of compliance with
servicing criteria of U.S. Bank National Association as custodian of the U-Haul
Portfolio Mortgage Loan, listed on the Exhibit Index are omitted from this
Annual Report on Form 10-K as they are not required to be included on this
Annual Report on Form 10-K per Instruction 3 to Item 1122 of Regulation AB
because it is a party 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 Midland Loan Services, a Division of PNC
Bank, National Association as primary servicer of the Civic Opera Building
Mortgage Loan and Rialto Capital Advisors, LLC as special servicer of the Civic
Opera Building 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, U.S. Bank Trust Company,
National Association, as certificate administrator and trustee, and U.S. Bank
National Association, as 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.

 U.S. Bank National Association ("U.S. Bank") and other large
financial institutions have been sued in their capacity as trustee or successor
trustee for certain residential mortgage backed securities ("RMBS")
trusts. The complaints, primarily filed by investors or investor groups
against U.S. Bank and similar institutions, allege the trustees caused losses
to investors as a result of alleged failures by the sponsors, mortgage loan
sellers and servicers to comply with the governing agreements for these RMBS
trusts. Plaintiffs generally assert causes of action based upon the
trustees' purported failures to enforce repurchase obligations of mortgage loan
sellers for alleged breaches of representations and warranties, notify
securityholders of purported events of default allegedly caused by breaches of
servicing standards by mortgage loan servicers and abide by a heightened
standard of care following alleged events of default.

 U.S. Bank denies liability and believes that it has
performed its obligations under the RMBS trusts in good faith, that its actions
were not the cause of losses to investors, that it has meritorious defenses,
and it has contested and intends to continue contesting the plaintiffs' claims
vigorously. However, U.S. Bank cannot assure you as to the outcome of any
of the litigation, or the possible impact of these litigations on the trustee
or the RMBS trusts.

 On March 9, 2018, a law firm
purporting to represent fifteen Delaware statutory trusts (the "DSTs") that
issued securities backed by student loans (the "Student Loans") filed a lawsuit
in the Delaware Court of Chancery against U.S. Bank National Association ("U.S.
Bank") in its capacities as indenture trustee and successor special servicer,
and three other institutions in their respective transaction capacities, with
respect to the DSTs and the Student Loans. This lawsuit is captioned The
National Collegiate Student Loan Master Trust I, et al. v. U.S. Bank National
Association, et al., C.A. No. 2018-0167-JRS (Del. Ch.) (the "NCMSLT
Action"). The complaint, as amended on June 15, 2018, alleged that the
DSTs have been harmed as a result of purported misconduct or omissions by the
defendants concerning administration of the trusts and special servicing of the
Student Loans. Since the filing of the NCMSLT Action, certain Student
Loan borrowers have made assertions against U.S. Bank concerning special
servicing that appear to be based on certain allegations made on behalf of the
DSTs in the NCMSLT Action.

 U.S. Bank has filed a motion
seeking dismissal of the operative complaint in its entirety with prejudice
pursuant to Chancery Court Rules 12(b)(1) and 12(b)(6) or, in the alternative,
a stay of the case while other prior filed disputes involving the DSTs and the
Student Loans are litigated. On November 7, 2018, the Court ruled that
the case should be stayed in its entirety pending resolution of the first-filed
cases. On January 21, 2020, the Court entered an order consolidating for
pretrial purposes the NCMSLT Action and three other lawsuits pending in the
Delaware Court of Chancery concerning the DSTs and the Student Loans, which
remains pending.

 U.S. Bank denies liability in the NCMSLT Action and
believes it has performed its obligations as indenture trustee and special
servicer in good faith and in compliance in all material respects with the
terms of the agreements governing the DSTs and that it has meritorious
defenses. It has contested and intends to continue contesting the
plaintiffs' claims vigorously.

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

 The information regarding this Item has been previously
provided in a prospectus supplement of the Registrant relating to the issuing
entity filed on October 29, 2015 pursuant to Rule 424(b)(5).

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

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

 The reports on assessments of compliance with the servicing
criteria for asset-backed securities and related attestation reports on such
assessments of compliance with respect to the One Shell Square Mortgage Loan,
which is being serviced and administered pursuant to the pooling and servicing
agreement for the JPMBB 2015-C30 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 JPMBB 2015-C30 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 JPMBB
2015-C30 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 Civic Opera Building Mortgage
Loan, which is being serviced and administered pursuant to the pooling and
servicing agreement for the JPMBB 2015-C31 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 JPMBB 2015-C31 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 JPMBB
2015-C31 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 U-Haul Portfolio Mortgage Loan,
which is being serviced and administered pursuant to the trust and servicing
agreement for the MSJP 2015-HAUL 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 MSJP 2015-HAUL 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 MSJP
2015-HAUL 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. Exhibit s
 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 October 1,
2015, by and among J.P. Morgan Chase Commercial Mortgage Securities Corp., as
Depositor, Wells Fargo Bank, National Association, as Master Servicer, LNR
Partners, LLC, as Special Servicer, Wells Fargo Bank, National Association, as
Certificate Administrator, Wilmington Trust, National Association, as Trustee,
and Pentalpha Surveillance LLC, as Senior Trust Advisor (filed as Exhibit 4.1
to the registrant's Current Report on Form 8-K filed on October 29, 2015 under
Commission File No. 333-190246-17 and incorporated by reference herein).

 4.2
 Pooling and Servicing Agreement, dated as of July 1,
2015, by and among J.P. Morgan Chase Commercial Mortgage Securities Corp., as
Depositor, Wells Fargo Bank, National Association, as Master Servicer,
Torchlight Loan Services, LLC, as Special Servicer, Wells Fargo Bank, National
Association, as Certificate Administrator, Wilmington Trust, National
Association, as Trustee, and Pentalpha Surveillance LLC, as Senior Trust
Advisor (filed as Exhibit 4.4 to the registrant's Current Report on Form 8-K
filed on October 29, 2015 under Commission File No. 333-190246-17 and
incorporated by reference herein).

 4.3
 Pooling and Servicing Agreement, dated as of August 1,
2015, by and among J.P. Morgan Chase Commercial Mortgage Securities Corp., 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 Senior Trust Advisor (filed as Exhibit 4.2
to the registrant's Current Report on Form 8-K filed on October 29, 2015 under
Commission File No. 333-190246-17 and incorporated by reference herein).

 4.4
 Trust and Servicing Agreement, dated as of October 1,
2015, by and among Morgan Stanley Capital I Inc., as Depositor, Wells Fargo
Bank, National Association, as Servicer and Special Servicer, and U.S. Bank
National Association, as Certificate Administrator and Trustee (filed as
Exhibit 4.3 to the registrant's Current Report on Form 8-K filed on October 29,
2015 under Commission File No. 333-190246-17 and incorporated by reference
herein).

 4.5
 Co-Lender Agreement, dated as of August 28, 2015, by and
between JPMorgan Chase Bank, National Association, as Initial Note A-1 Holder,
and JPMorgan Chase Bank, National Association, as Initial Note A-2 Holder
(filed as Exhibit 4.5 to the registrant's Current Report on Form 8-K filed on
October 29, 2015 under Commission File No. 333-190246-17 and incorporated by
reference herein).

 4.6
 Agreement Between Note Holders, dated as of September 1,
2015, by and between Morgan Stanley Bank, N.A., as Initial Note 1 Holder, and
JPMorgan Chase Bank, National Association, as Initial Note 2 Holder (filed as
Exhibit 4.6 to the registrant's Current Report on Form 8-K filed on October 29,
2015 under Commission File No. 333-190246-17 and incorporated by reference
herein).

 4.7
 Co-Lender Agreement, dated as of July 28, 2015, by and
between JPMorgan Chase Bank, National Association, as Initial Note A-1 Holder,
and JPMorgan Chase Bank, National Association, as Initial Note A-2 Holder
(filed as Exhibit 4.8 to the registrant's Current Report on Form 8-K filed on
October 29, 2015 under Commission File No. 333-190246-17 and incorporated by
reference herein).

 4.8
 Co-Lender Agreement, dated as of October 29, 2015, by and
between JPMorgan Chase Bank, National Association, as Initial Note A-1 Holder,
and JPMorgan Chase Bank, National Association, as Initial Note A-2 Holder
(filed as Exhibit 4.12 to the registrant's Current Report on Form 8-K filed on
October 29, 2015 under Commission File No. 333-190246-17 and incorporated by
reference herein).

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

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

 33.1
 Wells Fargo Bank, National Association, as Master
Servicer

 33.2
 LNR Partners, LLC, as Special Servicer

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

 33.4
Certificate Administrator

 33.5
Custodian

 33.6

 33.7
Participant

 33.8
as Servicing Function Participant for the Certificate Administrator

 33.9
as Servicing Function Participant for the Custodian

 33.10
Servicer of the New Center One Building Mortgage Loan (see Exhibit 33.1)

 33.11
 LNR Partners, LLC, as Special Servicer of the New
Center One Building Mortgage Loan (see Exhibit 33.2)

 33.12
Wilmington Trust, National Association, as Trustee of the New Center One
Building Mortgage Loan (Omitted. See Explanatory Notes.)

 33.13
Custodian of the New Center One Building Mortgage Loan (see Exhibit 33.5)

 33.14
of the New Center One Building Mortgage Loan (see Exhibit 33.6)

 33.15
Participant of the New Center One Building Mortgage Loan (see Exhibit 33.7)

 33.16 Computershare Trust Company, National Association, as
Servicing Function Participant for the Custodian (see Exhibit 33.9)

 33.17
Servicer of the One Shell Square Mortgage Loan (see Exhibit 33.1)

 33.18
 LNR Partners, LLC, as Special Servicer of the One
Shell Square Mortgage Loan (see Exhibit 33.2)

 33.19
Wilmington Trust, National Association, as Trustee of the One Shell Square

 33.20
Custodian of the One Shell Square Mortgage Loan (see Exhibit 33.5)

 33.21
of the One Shell Square Mortgage Loan (see Exhibit 33.6)

 33.22
Participant of the One Shell Square Mortgage Loan (see Exhibit 33.7)

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

 33.24
 Midland Loan Services, a Division of PNC Bank, National
Association, as Primary Servicer of the Civic Opera Building Mortgage Loan

 33.25
 Rialto Capital Advisors, LLC, as Special Servicer
of the Civic Opera Building Mortgage Loan

 33.26
Wells Fargo Bank, National Association, as Trustee of the Civic Opera Building

 33.27
Custodian of the Civic Opera Building Mortgage Loan (see Exhibit 33.5)

 33.28
of the Civic Opera Building Mortgage Loan (see Exhibit 33.6)

 33.29
as Servicing Function Participant for the Custodian (see Exhibit 33.9)

 33.30
Servicer of the U-Haul Portfolio Mortgage Loan (see Exhibit 33.1)

 33.31
 Wells Fargo Bank, National Association, as Special
Servicer of the U-Haul Portfolio Mortgage Loan (see Exhibit 33.1)

 33.32
U.S. Bank Trust Company, National Association, as Trustee of the U-Haul
Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)

 33.33
U.S. Bank National Association, as Custodian of the U-Haul Portfolio Mortgage
Loan (Omitted. See Explanatory Notes.)

 33.34
Participant of the U-Haul Portfolio Mortgage Loan (see Exhibit 33.7)

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

 34.1
 Wells Fargo Bank, National Association, as Master
Servicer

 34.2
 LNR Partners, LLC, as Special Servicer

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

 34.4
Certificate Administrator

 34.5
Custodian

 34.6

 34.7
Participant

 34.8
as Servicing Function Participant for the Certificate Administrator

 34.9
as Servicing Function Participant for the Custodian

 34.10
Servicer of the New Center One Building Mortgage Loan (see Exhibit 34.1)

 34.11
 LNR Partners, LLC, as Special Servicer of the New
Center One Building Mortgage Loan (see Exhibit 34.2)

 34.12
Wilmington Trust, National Association, as Trustee of the New Center One
Building Mortgage Loan (Omitted. See Explanatory Notes.)

 34.13
Custodian of the New Center One Building Mortgage Loan (see Exhibit 34.5)

 34.14
of the New Center One Building Mortgage Loan (see Exhibit 34.6)

 34.15
Participant of the New Center One Building Mortgage Loan (see Exhibit 34.7)

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

 34.17
Servicer of the One Shell Square Mortgage Loan (see Exhibit 34.1)

 34.18
 LNR Partners, LLC, as Special Servicer of the One
Shell Square Mortgage Loan (see Exhibit 34.2)

 34.19
Wilmington Trust, National Association, as Trustee of the One Shell Square

 34.20
Custodian of the One Shell Square Mortgage Loan (see Exhibit 34.5)

 34.21
of the One Shell Square Mortgage Loan (see Exhibit 34.6)

 34.22
Participant of the One Shell Square Mortgage Loan (see Exhibit 34.7)

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

 34.24
 Midland Loan Services, a Division of PNC Bank,
National Association, as Primary Servicer of the Civic Opera Building Mortgage
Loan

 34.25
 Rialto Capital Advisors, LLC, as Special Servicer
of the Civic Opera Building Mortgage Loan

 34.26
Wells Fargo Bank, National Association, as Trustee of the Civic Opera Building

 34.27
Custodian of the Civic Opera Building Mortgage Loan (see Exhibit 34.5)

 34.28
of the Civic Opera Building Mortgage Loan (see Exhibit 34.6)

 34.29
as Servicing Function Participant for the Custodian (see Exhibit 34.9)

 34.30
Servicer of the U-Haul Portfolio Mortgage Loan (see Exhibit 34.1)

 34.31
 Wells Fargo Bank, National Association, as Special
Servicer of the U-Haul Portfolio Mortgage Loan (see Exhibit 34.1)

 34.32
U.S. Bank Trust Company, National Association, as Trustee of the U-Haul
Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)

 34.33
U.S. Bank National Association, as Custodian of the U-Haul Portfolio Mortgage
Loan (Omitted. See Explanatory Notes.)

 34.34
Participant of the U-Haul Portfolio Mortgage Loan (see Exhibit 34.7)

Servicer compliance statements.

 35.1
 Wells Fargo Bank, National Association, as Master
Servicer

 35.2
 LNR Partners, LLC, as Special Servicer

 35.3
Certificate Administrator

 35.4
as Servicing Function Participant for the Certificate Administrator

 35.5
Servicer of the New Center One Building Mortgage Loan (see Exhibit 35.1)

 35.6
 LNR Partners, LLC, as Special Servicer of the New
Center One Building Mortgage Loan (see Exhibit 35.2)

 35.7
Servicer of the One Shell Square Mortgage Loan (see Exhibit 35.1)

 35.8
 LNR Partners, LLC, as Special Servicer of the One
Shell Square Mortgage Loan (see Exhibit 35.2)

 35.9
Midland Loan Services, a Division of PNC Bank, National Association, as Primary
Servicer of the Civic Opera Building Mortgage Loan (Omitted. See Explanatory
Notes.)

 35.10
Rialto Capital Advisors, LLC, as Special Servicer of the Civic Opera Building

 35.11
Servicer of the U-Haul Portfolio Mortgage Loan (see Exhibit 35.1)

 35.12
 Wells Fargo Bank, National Association, as Special
Servicer of the U-Haul Portfolio Mortgage Loan (see Exhibit 35.1)

 99.1 Mortgage Loan Purchase Agreement, dated as of October 29,
2015, between J.P. Morgan Chase Commercial Mortgage Securities Corp. and
JPMorgan Chase Bank, National Association (filed as Exhibit 99.1 to the
registrant's Current Report on Form 8-K filed on October 29, 2015 under
Commission File No. 333-190246-17 and incorporated by reference herein)

 99.2 Mortgage Loan Purchase Agreement, dated as of October 29,
2015, between J.P. Morgan Chase Commercial Mortgage Securities Corp. and
Barclays Bank PLC (filed as Exhibit 99.2 to the registrant's Current Report on
Form 8-K filed on October 29, 2015 under Commission File No. 333-190246-17 and
incorporated by reference herein)

 99.3 Mortgage Loan Purchase Agreement, dated as of October 29,
2015, among J.P. Morgan Chase Commercial Mortgage Securities Corp., Starwood
Mortgage Funding II LLC and Starwood Mortgage Capital LLC (filed as Exhibit
99.3 to the registrant's Current Report on Form 8-K filed on October 29, 2015
under Commission File No. 333-190246-17 and incorporated by reference herein)

 99.4 Mortgage Loan Purchase Agreement, dated as of October 29,
2015, between J.P. Morgan Chase Commercial Mortgage Securities Corp. and
MC-Five Mile Commercial Mortgage Finance LLC (filed as Exhibit 99.4 to the
registrant's Current Report on Form 8-K filed on October 29, 2015 under
Commission File No. 333-190246-17 and incorporated by reference herein)

 99.5 Mortgage Loan Purchase Agreement, dated as of October 29,
2015, among J.P. Morgan Chase Commercial Mortgage Securities Corp., Redwood
Commercial Mortgage Corporation and Redwood Trust, Inc. (filed as Exhibit 99.5
to the registrant's Current Report on Form 8-K filed on October 29, 2015 under
Commission File No. 333-190246-17 and incorporated by reference herein)

 99.6 Mortgage Loan Purchase Agreement, dated as of October 29,
2015, between J.P. Morgan Chase Commercial Mortgage Securities Corp. and RAIT
Funding, LLC (filed as Exhibit 99.6 to the registrant's Current Report on Form
8-K filed on October 29, 2015 under Commission File No. 333-190246-17 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.

 J.P. Morgan Chase Commercial
Mortgage Securities Corp.

(Depositor)

 /s/ Kunal K.
Singh

 Kunal K.
Singh, President and Chief Executive Officer

 (senior officer in charge of
securitization of the depositor)

 Date: March 13, 2025