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: 333-207074-01

 Central Index Key Number of the issuing entity:
0001675928

 SG Commercial Mortgage Securities
Trust 2016-C5

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

 Central Index Key Number of the depositor: 0001641120

 SG Commercial Mortgage Securities,
LLC

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

 Central Index Key Number of the sponsor: 0001238163

 Soci t G n rale, New York Branch

 Central Index Key Number of the sponsor: 0001558761

 Cantor Commercial Real Estate
Lending, L.P.

 Central Index Key Number of the sponsor: 0001542256

 Natixis Real Estate Capital LLC

 Central Index Key Number of the sponsor: 0001632269

 Benefit Street Partners CRE Finance
LLC

 Central Index Key Number of the sponsor: 0001624053

 Argentic Real Estate Finance LLC

 (formerly
known as Silverpeak Real Estate Finance LLC)

 New York

 (State or other jurisdiction of

 incorporation or organization of

 the issuing entity)

 38-4006840

 38-4006841

 38-7145147

 (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) 278-6461

 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 TEK Park Mortgage Loan and the At Home
Portfolio Mortgage Loan, which constituted approximately 3.2% and 2.4%,
respectively, of the asset pool of the issuing entity as of its cut-off date,
are each an asset of the issuing entity and are each part of a loan combination
that includes (a) with respect to the TEK Park Mortgage Loan, two other pari
passu loans, which are not assets of the issuing entity, and (b) with
respect to the At Home Portfolio Mortgage Loan, one other pari passu
loan, which is not an asset of the issuing entity. These loan combinations,
including the TEK Park Mortgage Loan and the At Home Portfolio 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. The Marriott Saddle Brook Mortgage Loan, previously an
asset of the issuing entity being serviced under the Pooling and Servicing
Agreement, was not an asset of the issuing entity during the reporting period
and is omitted from this Annual Report on Form 10-K and will be omitted from
subsequent Annual Reports on Form 10-K.

Exhibit Index) with respect to the AG Life Time Fitness Portfolio Mortgage
Loan, which constituted approximately 4.0% of the asset pool of the issuing
entity as of its cut-off date. The AG Life Time Fitness Portfolio
Mortgage Loan is an asset of the issuing entity and is part of a loan
combination that includes the AG Life Time Fitness Portfolio Mortgage Loan and
four other pari passu loans, which are not assets of the issuing entity.
A pari passu portion of the loan combination was securitized in the COMM
2016-CCRE28 Mortgage Trust transaction, Commission File Number 333-206705-01
(the " COMM 2016-CCRE28 Transaction "). This loan combination, including
the AG Life Time Fitness Portfolio Mortgage Loan, is being serviced and
administered pursuant to the pooling and servicing agreement for the COMM
2016-CCRE28 Transaction, which is incorporated by reference as Exhibit 4.2 to
this Annual Report on Form 10-K.

Exhibit Index) with respect to the 3 Executive Campus Mortgage Loan, which
constituted approximately 1.5% of the asset pool of the issuing entity as of
its cut-off date. The 3 Executive Campus Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the 3 Executive
Campus 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 CFCRE 2016-C4 Mortgage Trust transaction,
Commission File Number 333-207567-02 (the " CFCRE 2016-C4 Transaction ").
This loan combination, including the 3 Executive Campus Mortgage Loan, is being
serviced and administered pursuant to the pooling and servicing agreement for
the CFCRE 2016-C4 Transaction, which is incorporated by reference as Exhibit
4.3 to this Annual Report on Form 10-K.

Exhibit Index) with respect to the Regent Portfolio Mortgage Loan, which
constituted approximately 1.6% of the asset pool of the issuing entity as of its
cut-off date. The Regent Portfolio Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the Regent
Portfolio Mortgage Loan and one other pari passu loan, which is not an
asset of the issuing entity. The other pari passu portion of the loan
combination was securitized in the Wells Fargo Commercial Mortgage Trust
2016-C34 transaction, Commission File Number 333-206677-05 (the " WFCMT
2016-C34 Transaction "). This loan combination, including the Regent
Portfolio Mortgage Loan, is being serviced and administered pursuant to the
pooling and servicing agreement for the WFCMT 2016-C34 Transaction, which is
incorporated by reference as Exhibit 4.4 to this Annual Report on Form 10-K.

Exhibit Index) with respect to The Mall at Rockingham Park Mortgage Loan, which
constituted approximately 5.4% of the asset pool of the issuing entity as of
its cut-off date. The Mall at Rockingham Park Mortgage Loan is an asset
of the issuing entity and is part of a loan combination that includes The Mall
at Rockingham Park 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 BBSG 2016-MRP
Mortgage Trust transaction (the " BBSG 2016-MRP Transaction "). This loan
combination, including The Mall at Rockingham Park Mortgage Loan, is being
serviced and administered pursuant to the trust and servicing agreement for the
BBSG 2016-MRP Transaction, which is incorporated by reference as Exhibit 4.5 to
this Annual Report on Form 10-K.

Exhibit Index) with respect to the Renaissance Center Mortgage Loan, which
constituted approximately 4.1% of the asset pool of the issuing entity as of
its cut-off date. The Renaissance Center Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the Renaissance
Center Mortgage Loan and two other pari passu loans, which are not
assets of the issuing entity. This loan combination, including the Renaissance
Center Mortgage Loan, was serviced under the Pooling and Servicing Agreement
for the issuing entity prior to the closing of the securitization of a pari
passu portion of the Renaissance Center loan combination in the JPMCC
Commercial Mortgage Securities Trust 2016-JP2 transaction, Commission File
Number 333-206361-04 (the " JPMCC 2016-JP2 Transaction "). After the
closing of the JPMCC 2016-JP2 Transaction on July 29, 2016, this loan
combination, including the Renaissance Center Mortgage Loan was, and will
continue to be, serviced and administered pursuant to the pooling and servicing
agreement with respect to the JPMCC 2016-JP2 Transaction, which is incorporated
by reference as Exhibit 4.6 to this Annual Report on Form 10-K.

Exhibit Index) with respect to the Holiday Inn Express Nashville - Downtown
Mortgage Loan, the OZRE Leased Fee Portfolio Mortgage Loan and the Residence
Inn by Marriott LAX Mortgage Loan, which constituted approximately 4.7%, 2.7%
and 2.0%, respectively, of the asset pool of the issuing entity as of its
cut-off date. The Holiday Inn Express Nashville - Downtown Mortgage Loan,
OZRE Leased Fee Portfolio Mortgage Loan and Residence Inn by Marriott LAX
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 Holiday Inn Express
Nashville - Downtown Mortgage Loan, two other pari passu loans, which
are not assets of the issuing entity, (b) with respect to the OZRE Leased Fee
Portfolio Mortgage Loan, eight other pari passu loans, which are not
assets of the issuing entity or (c) with respect to the Residence Inn by
Marriott LAX Mortgage Loan, two other pari passu loans, which are not
assets of the issuing entity. Two of these loan
combinations, including the Holiday Inn Express Nashville - Downtown Mortgage
Loan and the Residence Inn by Marriott LAX Mortgage Loan, were serviced under
the Pooling and Servicing Agreement for the issuing entity prior to the closing
of the securitization of a pari passu portion of the Holiday
Inn Express Nashville - Downtown loan combination and a pari passu portion
of the Residence Inn by Marriott LAX loan combination in the CFCRE 2016-C6
Mortgage Trust transaction, Commission File Number 333-207567-03 (the " CFCRE
2016-C6 Transaction "). One of these loan combinations, including the
OZRE Leased Fee Portfolio Mortgage Loan, was serviced under the pooling and
servicing agreement for the CFCRE 2016-C4 Transaction prior to the closing of
the securitization of a pari passu portion of the OZRE Leased
Fee Portfolio loan combination in the CFCRE 2016-C6 Transaction. After
the closing of the CFCRE 2016-C6 Transaction on November 22, 2016, these loan
combinations, including the Holiday Inn Express Nashville - Downtown Mortgage
Loan, the OZRE Leased Fee Portfolio Mortgage Loan and the Residence Inn by
Marriott LAX Mortgage Loan were, and will continue to be, serviced and administered
pursuant to the pooling and servicing agreement with respect to the CFCRE
2016-C6 Transaction, which is incorporated by reference as Exhibit 4.7 to this
Annual Report on Form 10-K.

Exhibit Index) with respect to the Peachtree Mall Mortgage Loan, which
constituted approximately 3.2% of the asset pool of the issuing entity as of
its cut-off date. The Peachtree Mall Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the Peachtree
Mall Mortgage Loan and three other pari passu loans, which are not
assets of the issuing entity. This loan combination, including the Peachtree
Mall Mortgage Loan, was serviced under the Pooling and Servicing Agreement for
the issuing entity prior to the closing of the securitization of a pari
passu portion of the Peachtree Mall loan combination in the CSAIL 2016-C7
Commercial Mortgage Trust transaction, Commission File Number 333-207361-03
(the " CSAIL 2016-C7 Transaction "). After the closing of the CSAIL
2016-C7 Transaction on November 22, 2016, this loan combination, including the
Peachtree Mall Mortgage Loan was, and will continue to be, serviced and
administered pursuant to the pooling and servicing agreement with respect to
the CSAIL 2016-C7 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 Mall at Rockingham Park Mortgage Loan, the Holiday Inn
Express Nashville - Downtown Mortgage Loan, the Renaissance Center Mortgage
Loan, the AG Life Time Fitness Portfolio Mortgage Loan, the Peachtree Mall
Mortgage Loan, the OZRE Leased Fee Portfolio Mortgage Loan, the Residence Inn
by Marriott LAX Mortgage Loan, the Regent Portfolio Mortgage Loan and the 3
Executive Campus 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 Holiday Inn Express Nashville - Downtown Mortgage
Loan, the Renaissance Center Mortgage Loan, the AG Life Time Fitness Portfolio
Mortgage Loan, the Peachtree Mall Mortgage Loan, the OZRE Leased Fee Portfolio
Mortgage Loan, the Residence Inn by Marriott LAX Mortgage Loan and the Regent
Portfolio 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 Holiday Inn Express Nashville - Downtown Mortgage
Loan, the Peachtree Mall Mortgage Loan, the OZRE Leased Fee Portfolio Mortgage
Loan, the Residence Inn by Marriott LAX Mortgage Loan and the 3 Executive
Campus 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 Holiday Inn Express Nashville - Downtown Mortgage
Loan, the AG Life Time Fitness Portfolio Mortgage Loan, the Peachtree Mall
Mortgage Loan, the OZRE Leased Fee Portfolio Mortgage Loan, the Residence Inn
by Marriott LAX Mortgage Loan and the 3 Executive Campus 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.

 U.S. Bank National Association is
the custodian of The Mall at Rockingham Park Mortgage Loan and the 3 Executive
Campus Mortgage Loan. As a result, U.S. 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
U.S. Bank National Association in the capacities described above are listed in
the Exhibit Index.

 LNR Partners, LLC is the special
servicer of the Renaissance Center Mortgage Loan and the Regent Portfolio
Mortgage Loan. These mortgage loans constitute 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 LNR Partners, LLC and an
accountants' attestation report pursuant to Item 1122 of Regulation AB because
LNR Partners, LLC is servicing more than 5% of the pool assets. However,
the Depositor is not required to include in this Annual Report on Form 10-K a
servicer compliance statement pursuant to Item 1123 of Regulation AB of LNR
Partners, LLC because LNR Partners, LLC is an unaffiliated servicer servicing
less than 10% of pool assets.

 Pentalpha Surveillance LLC is the
operating advisor of the Renaissance Center Mortgage Loan and the Regent
Portfolio 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.

 U.S. Bank Trust Company, National
Association acts as trustee of the 3 Executive Campus Mortgage Loan and The
Mall at Rockingham Park Mortgage Loan. Pursuant to the pooling and
servicing agreement for the CFCRE 2016-C4 Transaction and the trust and
servicing agreement for the BBSG 2016-MRP 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 3 Executive Campus Mortgage
Loan and The Mall at Rockingham Park 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, the AG Life Time Fitness Portfolio Mortgage Loan, the
Regent Portfolio Mortgage Loan, the Renaissance Center Mortgage Loan, the OZRE
Leased Fee Portfolio Mortgage Loan, the Peachtree Mall Mortgage Loan, the
Residence Inn by Marriott LAX Mortgage Loan and the Holiday Inn Express
Nashville - Downtown Mortgage Loan. Pursuant to the Pooling and Servicing
Agreement, the pooling and servicing agreement for the COMM 2016-CCRE28
Transaction, the pooling and servicing agreement for the WFCMT 2016-C34
Transaction, the pooling and servicing agreement for the JPMCC 2016-JP2
Transaction, the pooling and servicing agreement for the CFCRE 2016-C6
Transaction and the pooling and servicing agreement for the CSAIL 2016-C7
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 AG
Life Time Fitness Portfolio Mortgage Loan, the Regent Portfolio Mortgage Loan,
the Renaissance Center Mortgage Loan, the OZRE Leased Fee Portfolio Mortgage
Loan, the Peachtree Mall Mortgage Loan, the Residence Inn by Marriott LAX
Mortgage Loan and the Holiday Inn Express Nashville - Downtown Mortgage Loan
have delivered one or more assessments of compliance with respect to Item
1122(d)(2)(iii) of Regulation AB.

 PGIM
Real Estate Loan Services, Inc. (formerly known as Prudential Asset Resources,
Inc.) is the primary servicer of certain mortgage loans under the Pooling and
Servicing Agreement. With respect to such loans, (i) the report on
assessment of compliance with servicing criteria and attestation report on
assessment of compliance with servicing criteria of PGIM Real Estate Loan
Services, Inc. (formerly known as Prudential Asset Resources, Inc.) as primary
servicer 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 statement of
PGIM Real Estate Loan Services, Inc. (formerly known as Prudential Asset
Resources, Inc.) as primary servicer listed on the Exhibit Index is omitted
from this Annual Report on Form 10-K as it is not required by Item 1123 of
Regulation AB to be included on this Annual Report on Form 10-K because it is
an unaffiliated party that is not a "servicer" that meets the criteria in Item
1108(a)(2)(i) through (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 AG Life Time Fitness Portfolio
Mortgage Loan, the 3 Executive Campus Mortgage Loan, the Regent Portfolio
Mortgage Loan, The Mall at Rockingham Park Mortgage Loan, the Renaissance
Center Mortgage Loan, the OZRE Leased Fee Portfolio Mortgage Loan, the
Peachtree Mall Mortgage Loan, the Residence Inn by Marriott LAX Mortgage Loan
and the Holiday Inn Express Nashville - Downtown 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 AG Life Time
Fitness Portfolio Mortgage Loan, the Regent Portfolio Mortgage Loan, the
Renaissance Center Mortgage Loan, the OZRE Leased Fee Portfolio Mortgage Loan,
the Peachtree Mall Mortgage Loan, the Residence Inn by Marriott LAX Mortgage
Loan, the Holiday Inn Express Nashville - Downtown Mortgage Loan, the 3
Executive Campus Mortgage Loan and The Mall at Rockingham Park Mortgage Loan
are omitted from this Annual Report on Form 10-K as the certificate
administrator pursuant to the related pooling and servicing agreement or trust
and servicing agreement does not perform any activities that address servicing
criteria with respect to the issuing entity and because they are each not a
"servicer" that meets the criteria in Item 1108(a)(2)(i) through (iii) of
Regulation AB.

 With respect to the pari passu
loan combinations that include the AG Life Time Fitness Portfolio Mortgage
Loan, the Regent Portfolio Mortgage Loan, the Renaissance Center Mortgage Loan
and The Mall at Rockingham Park Mortgage Loan, (i) the report on assessment of
compliance with servicing criteria and attestation report on assessment of
compliance with servicing criteria of CWCapital Asset Management LLC as special
servicer of the AG Life Time Fitness 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 CWCapital Asset
Management LLC as special servicer of the AG Life Time Fitness Portfolio
Mortgage Loan, LNR Partners, LLC as special servicer of the Regent Portfolio
Mortgage Loan and the Renaissance Center Mortgage Loan and Torchlight Loan
Services, LLC as special servicer of The Mall at Rockingham Park Mortgage Loan
listed on the Exhibit Index are omitted from this Annual Report on Form 10-K as
they are not required by Item 1123 of Regulation AB to be included on this
Annual Report on Form 10-K because they are each an unaffiliated party that is
not a "servicer" that meets the criteria in Item 1108(a)(2)(i) through (iii) of
Regulation AB.

 Item 1. Business.

 Item 1A. Risk Factors.

 Item 1B. Unresolved Staff Comments.

 None.

 Item 1C. Cybersecurity.

 Item 2. Properties.

 Item 3. Legal Proceedings.

 Item 4. Mine Safety Disclosures.

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

 Item 6.

 [Reserved].

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

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

 Item 8. Financial Statements and Supplementary Data.

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

 Item 9A. Controls and Procedures.

 Item 9B. Other Information.

 None.

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

 None.

 Item 10. Directors, Executive Officers and Corporate
Governance.

 Item 11. Executive Compensation.

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

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

 Item 14. Principal Accountant Fees and Services.

 ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB

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

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

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

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

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

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

 Item 1117 of Regulation AB, Legal Proceedings.

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

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

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

 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.

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

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

 The information regarding this Item has been previously
provided in the prospectus of the Registrant relating to the issuing entity
filed on July 19, 2016 pursuant to Rule 424(b)(2).

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

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

assessments of compliance with respect to the AG Life Time Fitness Portfolio
Mortgage Loan, which is being serviced and administered pursuant to the pooling
and servicing agreement for the COMM 2016-CCRE28 Transaction, are attached
hereto under Item 15 to this Annual Report on Form 10-K. Attached as Schedule
II to the pooling and servicing agreement for the COMM 2016-CCRE28 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
COMM 2016-CCRE28 Transaction responsible for each applicable servicing criteria
set forth in Item 1122(d).

assessments of compliance with respect to the 3 Executive Campus Mortgage Loan,
which is being serviced and administered pursuant to the pooling and servicing
agreement for the CFCRE 2016-C4 Transaction, are attached hereto under Item 15
to this Annual Report on Form 10-K. Attached as Schedule II to the pooling and
servicing agreement for the CFCRE 2016-C4 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 CFCRE 2016-C4
Transaction responsible for each applicable servicing criteria set forth in
Item 1122(d).

assessments of compliance with respect to the Regent Portfolio Mortgage Loan,
which is being serviced and administered pursuant to the pooling and servicing
agreement for the WFCMT 2016-C34 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 WFCMT 2016-C34 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 WFCMT
2016-C34 Transaction responsible for each applicable servicing criteria set
forth in Item 1122(d).

assessments of compliance with respect to The Mall at Rockingham Park Mortgage
Loan, which is being serviced and administered pursuant to the trust and
servicing agreement for the BBSG 2016-MRP Transaction, are attached hereto
under Item 15 to this Annual Report on Form 10-K. Attached as Exhibit K to the
trust and servicing agreement for the BBSG 2016-MRP 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 BBSG
2016-MRP Transaction responsible for each applicable servicing criteria set
forth in Item 1122(d).

assessments of compliance with respect to the Renaissance Center Mortgage Loan,
which is being serviced and administered pursuant to the pooling and servicing
agreement for the JPMCC 2016-JP2 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 JPMCC 2016-JP2 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 JPMCC
2016-JP2 Transaction responsible for each applicable servicing criteria set
forth in Item 1122(d).

assessments of compliance with respect to the Holiday Inn Express Nashville -
Downtown Mortgage Loan, the OZRE Leased Fee Portfolio Mortgage Loan and the
Residence Inn by Marriott LAX Mortgage Loan, which are being serviced and
administered pursuant to the pooling and servicing agreement for the CFCRE
2016-C6 Transaction, are attached hereto under Item 15 to this Annual Report on
Form 10-K. Attached as Schedule II to the pooling and servicing agreement for
the CFCRE 2016-C6 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 CFCRE 2016-C6 Transaction responsible for each
applicable servicing criteria set forth in Item 1122(d).

assessments of compliance with respect to the Peachtree Mall Mortgage Loan,
which is being serviced and administered pursuant to the pooling and servicing
agreement for the CSAIL 2016-C7 Transaction, are attached hereto under Item 15
to this Annual Report on Form 10-K. Attached as Exhibit AA to the pooling and
servicing agreement for the CSAIL 2016-C7 Transaction incorporated by reference
as Exhibit 4.8 to this Annual Report on Form 10-K is a chart identifying the
entities participating in a servicing function for the CSAIL 2016-C7
Transaction responsible for each applicable servicing criteria set forth in
Item 1122(d).

 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
and Servicing Agreement, dated as of July 1, 2016, by and among SG 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 November 29, 2016
under Commission File No. 333-207074-01 and incorporated by reference herein).

 4.2
and Servicing Agreement, dated as of February 1, 2016, by and among Deutsche
Mortgage & Asset Receiving Corporation, as Depositor, Wells Fargo Bank,
National Association, as Master Servicer, Midland Loan Services, a Division of
PNC Bank, National Association, as Special Servicer, Wilmington Trust, National
Association, as Trustee, Wells Fargo Bank, National Association, as Certificate
Administrator, Paying Agent and Custodian, Park Bridge Lender Services LLC, as
Operating Advisor, and Park Bridge Lender Services LLC, as Asset
Representations Reviewer (filed as Exhibit 4.4 to the registrant's Current
Report on Form 8-K/A filed on July 20, 2016 under Commission File No.

 4.3
and Servicing Agreement, dated as of May 1, 2016, by and among CCRE Commercial
Mortgage Securities, L.P., as Depositor, Wells Fargo Bank, National
Association, as Master Servicer, Rialto Capital Advisors, LLC, as Special
Servicer, U.S. Bank National Association, as Trustee, Certificate Administrator
and Paying Agent, U.S. Bank National Association, as Custodian, Park Bridge
Lender Services LLC, as Operating Advisor, and Park Bridge Lender Services LLC,
as Asset Representations Reviewer (filed as Exhibit 4.3 to the registrant's
Current Report on Form 8-K/A filed on July 20, 2016 under Commission File No.

 4.4
and Servicing Agreement, dated as of May 1, 2016, by and among Wells Fargo
Commercial Mortgage Securities, Inc., as Depositor, Wells Fargo Bank, National
Association, as Master Servicer, LNR Partners, LLC, as Special Servicer, Wells
Fargo Bank, National Association, as Certificate Administrator, Wilmington
Trust, National Association, as Trustee, and Pentalpha Surveillance LLC, as
Operating Advisor and as Asset Representations Reviewer (filed as Exhibit 4.2
to the registrant's Current Report on Form 8-K/A filed on July 20, 2016 under
Commission File No. 333-207074-01 and incorporated by reference herein).

 4.5
 Trust
and Servicing Agreement, dated as of June 1, 2016, by and among Barclays
Commercial Mortgage Securities LLC, as Depositor, Wells Fargo Bank, National
Association, as Servicer, Torchlight Loan Services, LLC, as Special Servicer,
U.S. Bank National Association, as Certificate Administrator and Custodian, and
U.S. Bank National Association, as Trustee (filed as Exhibit 4.5 to the
registrant's Current Report on Form 8-K/A filed on July 20, 2016 under
Commission File No. 333-207074-01 and incorporated by reference herein).

 4.6
and Servicing Agreement, dated as of July 1, 2016, 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 Operating Advisor and as Asset Representations Reviewer (filed as
Exhibit 4.2 to the registrant's Current Report on Form 8-K/A filed on August 4,
2016 under Commission File No. 333-207074-01 and incorporated by reference
herein).

 4.7
and Servicing Agreement, dated as of November 1, 2016, by and among CCRE
Commercial Mortgage Securities, L.P., as Depositor, Wells Fargo Bank, National
Association, as Master Servicer, Rialto Capital Advisors, LLC, as Special
Servicer, AEGON USA Realty Advisors, LLC, as Potomac Mills Special Servicer,
Wilmington Trust, National Association, as Trustee, Wells Fargo Bank, National
Association, as Certificate Administrator, Paying Agent and Custodian, Park
Bridge Lender Services LLC, as Operating Advisor, and Park Bridge Lender
Services LLC, as Asset Representations Reviewer (filed as Exhibit 4.1 to the
registrant's Current Report on Form 8-K/A filed on December 21, 2016 under
Commission File No. 333-207074-01 and incorporated by reference herein).

 4.8
and Servicing Agreement, dated as of November 1, 2016, by and among Credit
Suisse Commercial Mortgage Securities Corp., as Depositor, Wells Fargo Bank,
National Association, as Master Servicer, Rialto Capital Advisors, LLC, as
Special Servicer, Wells Fargo Bank, National Association, as Certificate
Administrator, Wilmington Trust, National Association, as Trustee, and Park
Bridge Lender Services LLC, as Operating Advisor and as Asset Representations
Reviewer (filed as Exhibit 4.4 to the registrant's Current Report on Form 8-K/A
filed on November 29, 2016 under Commission File No. 333-207074-01 and
incorporated by reference herein).

 4.9
 Co-Lender
Agreement, dated as of June 23, 2016, between Cantor Commercial Real Estate
Lending, L.P., as Note A-1 Holder, UBS Real Estate Securities Inc., as Note A-2
Holder, and Cantor Commercial Real Estate Lending, L.P., as Note A-3 Holder
(filed as Exhibit 4.18 to the registrant's Current Report on Form 8-K/A filed
on July 20, 2016 under Commission File No. 333-207074-01 and incorporated by
reference herein).

 4.10 Agreement
Between Note Holders, dated as of June 16, 2016, by and between Silverpeak Real
Estate Finance LLC, as Initial Note A-1 Holder, and Silverpeak Real Estate
Finance LLC, as Initial Note A-2 Holder (filed as Exhibit 4.9 to the
registrant's Current Report on Form 8-K/A filed on July 20, 2016 under
Commission File No. 333-207074-01 and incorporated by reference herein).

 4.11 Amended
and Restated Co-Lender Agreement, dated as of May 5, 2016, between Wilmington
Trust, National Association, as Trustee, for the benefit of the Holders of COMM
2016-CCRE28 Mortgage Trust Commercial Mortgage Pass-Through Certificates,
Series 2016-CCRE28, as Note A-1 Holder, Wilmington Trust, National Association,
as Trustee, for the benefit of the Holders of CFCRE 2016-C3 Mortgage Trust
Commercial Mortgage Pass-Through Certificates, Series 2016-C3, as Note A-2
Holder, Cantor Commercial Real Estate Lending, L.P., as Note A-3 Holder, Cantor
Commercial Real Estate Lending, L.P., as Note A-4-1 Holder, and Cantor
Commercial Real Estate Lending, L.P., as Note A-4-2 Holder (filed as Exhibit
4.8 to the registrant's Current Report on Form 8-K/A filed on July 20, 2016
under Commission File No. 333-207074-01 and incorporated by reference herein).

 4.12 Co-Lender
Agreement, dated as of May 18, 2016, between Cantor Commercial Real Estate
Lending, L.P., as Note A-1 Holder, and Cantor Commercial Real Estate Lending,
L.P., as Note A-2 Holder (filed as Exhibit 4.7 to the registrant's Current
Report on Form 8-K/A filed on July 20, 2016 under Commission File No.

 4.13 Co-Lender
Agreement, dated as of May 24, 2016, between Natixis Real Estate Capital LLC,
as Note A-1 Holder, and Natixis Real Estate Capital LLC, as Note A-2 Holder
(filed as Exhibit 4.15 to the registrant's Current Report on Form 8-K/A filed
on July 20, 2016 under Commission File No. 333-207074-01 and incorporated by
reference herein).

 4.14 Co-Lender
Agreement, dated as of June 28, 2016, by and between Barclays Bank PLC, as
Initial Note 1 Holder, and Soci t G n rale, as Initial Note 2 Holder (filed as
Exhibit 4.19 to the registrant's Current Report on Form 8-K/A filed on July 20,
2016 under Commission File No. 333-207074-01 and incorporated by reference
herein).

 4.15 Co-Lender
Agreement, dated as of July 19, 2016, by and among Benefit Street Partners CRE
Finance LLC, as Initial Note A-1 Holder, Benefit Street Partners CRE Finance
LLC, as Initial Note A-2 Holder, and Benefit Street Partners CRE Finance LLC,
as Initial Note A-3 Holder (filed as Exhibit 4.16 to the registrant's Current
Report on Form 8-K/A filed on July 20, 2016 under Commission File No.

 4.16 Amended
and Restated Agreement Between Note Holders, dated as of February 15, 2017, by
and between Wilmington Trust, National Association, as Trustee for the benefit
of the Holders of CFCRE 2016-C6 Mortgage Trust Commercial Mortgage Pass-Through
Certificates, Series 2016-C6, as Note A-1 Holder, Wilmington Trust, National
Association, as Trustee for the benefit of the Holders of SG Commercial
Mortgage Securities Trust 2016-C5, Commercial Mortgage Pass-Through
Certificates, Series 2016-C5, as Note A-2 Holder, and Soci t G n rale, as
Initial Note A-3 Holder (filed as Exhibit 4.1 to the registrant's Current
Report on Form 8-K/A filed on February 27, 2017 under Commission File No.

 4.17 Amended
and Restated Co-Lender Agreement, dated as of July 19, 2016, between U.S. Bank National
Association, as Trustee, for the benefit of the Holders of CFCRE 2016-C4
Mortgage Trust Commercial Mortgage Pass-Through Certificates, Series 2016-C4,
as Note A-1 Holder, Note A-4 Holder and Note A-5 Holder, Cantor Commercial Real
Estate Lending, L.P., as Note A-2-1 Holder, Cantor Commercial Real Estate
Lending, L.P., as Note A-2-2 Holder, and Deutsche Bank Trust Company Americas,
as Trustee, on behalf of the registered Holders of Citigroup Commercial
Mortgage Trust 2016-C1, Commercial Mortgage Pass-Through Certificates, Series
2016-C1, as Note A-3 Holder, Note A-6 Holder, Note A-7 Holder and Note A-8
Holder (filed as Exhibit 4.12 to the registrant's Current Report on Form 8-K/A
filed on July 20, 2016 under Commission File No. 333-207074-01 and incorporated
by reference herein).

 4.18 Co-Lender
Agreement, dated as of July 19, 2016, between Cantor Commercial Real Estate
Lending, L.P., as Note A-1 Holder, Cantor Commercial Real Estate Lending, L.P.,
as Note A-2 Holder, and Cantor Commercial Real Estate Lending, L.P., as Note
A-3 Holder (filed as Exhibit 4.17 to the registrant's Current Report on Form
8-K/A filed on July 20, 2016 under Commission File No. 333-207074-01 and
incorporated by reference herein).

 4.19 Amended
and Restated Agreement Between Note Holders, dated as of September 15, 2016, by
and between Wilmington Trust, National Association, as Trustee, for the benefit
of the registered Holders of the SG Commercial Mortgage Securities Trust
2016-C5, Commercial Mortgage Pass-Through Certificates, Series 2016-C5, as Note
A-1 Holder, SPREF WH III LLC, as Initial Note A-2 Holder, SPREF WH III LLC, as
Initial Note A-3 Holder, and SPREF WH III LLC, as Initial Note A-4 Holder
(filed as Exhibit 4.1 to the registrant's Current Report on Form 8-K/A filed on
September 28, 2016 under Commission File No. 333-207074-01 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

 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
PGIM Real Estate Loan Services, Inc. (formerly known as Prudential Asset
Resources, Inc.), as Primary Servicer (Omitted. See Explanatory Notes.)

 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
Servicer of the TEK Park Mortgage Loan (see Exhibit 33.1)

 33.12
of the TEK Park Mortgage Loan (see Exhibit 33.2)

 33.13
Wilmington Trust, National Association, as Trustee of the TEK Park Mortgage
Loan (Omitted. See Explanatory Notes.)

 33.14
Custodian of the TEK Park Mortgage Loan (see Exhibit 33.5)

 33.15
Advisor of the TEK Park Mortgage Loan (see Exhibit 33.6)

 33.16
Participant of the TEK Park Mortgage Loan (see Exhibit 33.7)

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

 33.18
Servicer of the At Home Portfolio Mortgage Loan (see Exhibit 33.1)

 33.19
of the At Home Portfolio Mortgage Loan (see Exhibit 33.2)

 33.20
Wilmington Trust, National Association, as Trustee of the At Home Portfolio

 33.21
Custodian of the At Home Portfolio Mortgage Loan (see Exhibit 33.5)

 33.22
Advisor of the At Home Portfolio Mortgage Loan (see Exhibit 33.6)

 33.23
Participant of the At Home Portfolio Mortgage Loan (see Exhibit 33.7)

 33.24

 33.25
Servicer of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit 33.1)

 33.26
CWCapital Asset Management LLC, as Special Servicer of the AG Life Time Fitness

 33.27
Wilmington Trust, National Association, as Trustee of the AG Life Time Fitness

 33.28
Custodian of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit
33.5)

 33.29
Advisor of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit 33.6)

 33.30
Participant of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit
33.7)

 33.31

 33.32
Servicer of the 3 Executive Campus Mortgage Loan (see Exhibit 33.1)

 33.33
of the 3 Executive Campus Mortgage Loan (see Exhibit 33.2)

 33.34
U.S. Bank Trust Company, National Association, as Trustee of the 3 Executive
Campus Mortgage Loan (Omitted. See Explanatory Notes.)

 33.35
 U.S. Bank National Association, as Custodian of
the 3 Executive Campus Mortgage Loan

 33.36
Advisor of the 3 Executive Campus Mortgage Loan (see Exhibit 33.6)

 33.37
Participant of the 3 Executive Campus Mortgage Loan (see Exhibit 33.7)

 33.38
Servicer of the Regent Portfolio Mortgage Loan (see Exhibit 33.1)

 33.39
 LNR Partners, LLC, as Special Servicer of the
Regent Portfolio Mortgage Loan

 33.40
Wilmington Trust, National Association, as Trustee of the Regent Portfolio

 33.41
Custodian of the Regent Portfolio Mortgage Loan (see Exhibit 33.5)

 33.42
 Pentalpha Surveillance LLC, as Operating Advisor
of the Regent Portfolio Mortgage Loan

 33.43
Participant of the Regent Portfolio Mortgage Loan (see Exhibit 33.7)

 33.44

 33.45
Servicer of The Mall at Rockingham Park Mortgage Loan (see Exhibit 33.1)

 33.46
 Torchlight Loan Services, LLC, as Special Servicer
of The Mall at Rockingham Park Mortgage Loan

 33.47
U.S. Bank Trust Company, National Association, as Trustee of The Mall at
Rockingham Park Mortgage Loan (Omitted. See Explanatory Notes.)

 33.48
 U.S. Bank National Association, as Custodian of
The Mall at Rockingham Park Mortgage Loan (see Exhibit 33.35)

 33.49
Participant of The Mall at Rockingham Park Mortgage Loan (see Exhibit 33.7)

 33.50
Servicer of the Renaissance Center Mortgage Loan (see Exhibit 33.1)

 33.51
 LNR Partners, LLC, as Special Servicer of the
Renaissance Center Mortgage Loan (see Exhibit 33.39)

 33.52
Wilmington Trust, National Association, as Trustee of the Renaissance Center

 33.53
Custodian of the Renaissance Center Mortgage Loan (see Exhibit 33.5)

 33.54
 Pentalpha Surveillance LLC, as Operating Advisor
of the Renaissance Center Mortgage Loan (see Exhibit 33.42)

 33.55
Participant of the Renaissance Center Mortgage Loan (see Exhibit 33.7)

 33.56

 33.57
Servicer of the Holiday Inn Express Nashville - Downtown Mortgage Loan (see
Exhibit 33.1)

 33.58
of the Holiday Inn Express Nashville - Downtown Mortgage Loan (see Exhibit
33.2)

 33.59
Wilmington Trust, National Association, as Trustee of the Holiday Inn Express
Nashville - Downtown Mortgage Loan (Omitted. See Explanatory Notes.)

 33.60
Custodian of the Holiday Inn Express Nashville - Downtown Mortgage Loan (see
Exhibit 33.5)

 33.61
Advisor of the Holiday Inn Express Nashville - Downtown Mortgage Loan (see
Exhibit 33.6)

 33.62
Participant of the Holiday Inn Express Nashville - Downtown Mortgage Loan (see
Exhibit 33.7)

 33.63

 33.64
Servicer of the Peachtree Mall Mortgage Loan (see Exhibit 33.1)

 33.65
of the Peachtree Mall Mortgage Loan (see Exhibit 33.2)

 33.66
Wilmington Trust, National Association, as Trustee of the Peachtree Mall

 33.67
Custodian of the Peachtree Mall Mortgage Loan (see Exhibit 33.5)

 33.68
Advisor of the Peachtree Mall Mortgage Loan (see Exhibit 33.6)

 33.69
Participant of the Peachtree Mall Mortgage Loan (see Exhibit 33.7)

 33.70

 33.71
Servicer of the OZRE Leased Fee Portfolio Mortgage Loan (see Exhibit 33.1)

 33.72
of the OZRE Leased Fee Portfolio Mortgage Loan (see Exhibit 33.2)

 33.73
Wilmington Trust, National Association, as Trustee of the OZRE Leased Fee

 33.74
Custodian of the OZRE Leased Fee Portfolio Mortgage Loan (see Exhibit 33.5)

 33.75
Advisor of the OZRE Leased Fee Portfolio Mortgage Loan (see Exhibit 33.6)

 33.76
Participant of the OZRE Leased Fee Portfolio Mortgage Loan (see Exhibit 33.7)

 33.77

 33.78
Servicer of the Residence Inn by Marriott LAX Mortgage Loan (see Exhibit 33.1)

 33.79
of the Residence Inn by Marriott LAX Mortgage Loan (see Exhibit 33.2)

 33.80
Wilmington Trust, National Association, as Trustee of the Residence Inn by
Marriott LAX Mortgage Loan (Omitted. See Explanatory Notes.)

 33.81
Custodian of the Residence Inn by Marriott LAX Mortgage Loan (see Exhibit 33.5)

 33.82
Advisor of the Residence Inn by Marriott LAX Mortgage Loan (see Exhibit 33.6)

 33.83
Participant of the Residence Inn by Marriott LAX Mortgage Loan (see Exhibit
33.7)

 33.84

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
PGIM Real Estate Loan Services, Inc. (formerly known as Prudential Asset
Resources, Inc.), as Primary Servicer (Omitted. See Explanatory Notes.)

 34.9
as Servicing Function Participant for the Certificate Administrator

 34.10
as Servicing Function Participant for the Custodian

 34.11
Servicer of the TEK Park Mortgage Loan (see Exhibit 34.1)

 34.12
of the TEK Park Mortgage Loan (see Exhibit 34.2)

 34.13
Wilmington Trust, National Association, as Trustee of the TEK Park Mortgage
Loan (Omitted. See Explanatory Notes.)

 34.14
Custodian of the TEK Park Mortgage Loan (see Exhibit 34.5)

 34.15
Advisor of the TEK Park Mortgage Loan (see Exhibit 34.6)

 34.16
Participant of the TEK Park Mortgage Loan (see Exhibit 34.7)

 34.17

 34.18
Servicer of the At Home Portfolio Mortgage Loan (see Exhibit 34.1)

 34.19
of the At Home Portfolio Mortgage Loan (see Exhibit 34.2)

 34.20
Wilmington Trust, National Association, as Trustee of the At Home Portfolio

 34.21
Custodian of the At Home Portfolio Mortgage Loan (see Exhibit 34.5)

 34.22
Advisor of the At Home Portfolio Mortgage Loan (see Exhibit 34.6)

 34.23
Participant of the At Home Portfolio Mortgage Loan (see Exhibit 34.7)

 34.24

 34.25
Servicer of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit 34.1)

 34.26
CWCapital Asset Management LLC, as Special Servicer of the AG Life Time Fitness

 34.27
Wilmington Trust, National Association, as Trustee of the AG Life Time Fitness

 34.28
Custodian of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit
34.5)

 34.29
Advisor of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit 34.6)

 34.30
Participant of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit
34.7)

 34.31

 34.32
Servicer of the 3 Executive Campus Mortgage Loan (see Exhibit 34.1)

 34.33
of the 3 Executive Campus Mortgage Loan (see Exhibit 34.2)

 34.34
U.S. Bank Trust Company, National Association, as Trustee of the 3 Executive
Campus Mortgage Loan (Omitted. See Explanatory Notes.)

 34.35
 U.S. Bank National Association, as Custodian of
the 3 Executive Campus Mortgage Loan

 34.36
Advisor of the 3 Executive Campus Mortgage Loan (see Exhibit 34.6)

 34.37
Participant of the 3 Executive Campus Mortgage Loan (see Exhibit 34.7)

 34.38
Servicer of the Regent Portfolio Mortgage Loan (see Exhibit 34.1)

 34.39
 LNR Partners, LLC, as Special Servicer of the
Regent Portfolio Mortgage Loan

 34.40
Wilmington Trust, National Association, as Trustee of the Regent Portfolio

 34.41
Custodian of the Regent Portfolio Mortgage Loan (see Exhibit 34.5)

 34.42
 Pentalpha Surveillance LLC, as Operating Advisor
of the Regent Portfolio Mortgage Loan

 34.43
Participant of the Regent Portfolio Mortgage Loan (see Exhibit 34.7)

 34.44

 34.45
Servicer of The Mall at Rockingham Park Mortgage Loan (see Exhibit 34.1)

 34.46
 Torchlight Loan Services, LLC, as Special Servicer
of The Mall at Rockingham Park Mortgage Loan

 34.47
U.S. Bank Trust Company, National Association, as Trustee of The Mall at
Rockingham Park Mortgage Loan (Omitted. See Explanatory Notes.)

 34.48
 U.S. Bank National Association, as Custodian of
The Mall at Rockingham Park Mortgage Loan (see Exhibit 34.35)

 34.49
Participant of The Mall at Rockingham Park Mortgage Loan (see Exhibit 34.7)

 34.50
Servicer of the Renaissance Center Mortgage Loan (see Exhibit 34.1)

 34.51
 LNR Partners, LLC, as Special Servicer of the
Renaissance Center Mortgage Loan (see Exhibit 34.39)

 34.52
Wilmington Trust, National Association, as Trustee of the Renaissance Center

 34.53
Custodian of the Renaissance Center Mortgage Loan (see Exhibit 34.5)

 34.54
 Pentalpha Surveillance LLC, as Operating Advisor
of the Renaissance Center Mortgage Loan (see Exhibit 34.42)

 34.55
Participant of the Renaissance Center Mortgage Loan (see Exhibit 34.7)

 34.56

 34.57
Servicer of the Holiday Inn Express Nashville - Downtown Mortgage Loan (see
Exhibit 34.1)

 34.58
of the Holiday Inn Express Nashville - Downtown Mortgage Loan (see Exhibit
34.2)

 34.59
Wilmington Trust, National Association, as Trustee of the Holiday Inn Express
Nashville - Downtown Mortgage Loan (Omitted. See Explanatory Notes.)

 34.60
Custodian of the Holiday Inn Express Nashville - Downtown Mortgage Loan (see
Exhibit 34.5)

 34.61
Advisor of the Holiday Inn Express Nashville - Downtown Mortgage Loan (see
Exhibit 34.6)

 34.62
Participant of the Holiday Inn Express Nashville - Downtown Mortgage Loan (see
Exhibit 34.7)

 34.63

 34.64
Servicer of the Peachtree Mall Mortgage Loan (see Exhibit 34.1)

 34.65
of the Peachtree Mall Mortgage Loan (see Exhibit 34.2)

 34.66
Wilmington Trust, National Association, as Trustee of the Peachtree Mall

 34.67
Custodian of the Peachtree Mall Mortgage Loan (see Exhibit 34.5)

 34.68
Advisor of the Peachtree Mall Mortgage Loan (see Exhibit 34.6)

 34.69
Participant of the Peachtree Mall Mortgage Loan (see Exhibit 34.7)

 34.70

 34.71
Servicer of the OZRE Leased Fee Portfolio Mortgage Loan (see Exhibit 34.1)

 34.72
of the OZRE Leased Fee Portfolio Mortgage Loan (see Exhibit 34.2)

 34.73
Wilmington Trust, National Association, as Trustee of the OZRE Leased Fee

 34.74
Custodian of the OZRE Leased Fee Portfolio Mortgage Loan (see Exhibit 34.5)

 34.75
Advisor of the OZRE Leased Fee Portfolio Mortgage Loan (see Exhibit 34.6)

 34.76
Participant of the OZRE Leased Fee Portfolio Mortgage Loan (see Exhibit 34.7)

 34.77

 34.78
Servicer of the Residence Inn by Marriott LAX Mortgage Loan (see Exhibit 34.1)

 34.79
of the Residence Inn by Marriott LAX Mortgage Loan (see Exhibit 34.2)

 34.80
Wilmington Trust, National Association, as Trustee of the Residence Inn by
Marriott LAX Mortgage Loan (Omitted. See Explanatory Notes.)

 34.81
Custodian of the Residence Inn by Marriott LAX Mortgage Loan (see Exhibit 34.5)

 34.82
Advisor of the Residence Inn by Marriott LAX Mortgage Loan (see Exhibit 34.6)

 34.83
Participant of the Residence Inn by Marriott LAX Mortgage Loan (see Exhibit
34.7)

 34.84

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
PGIM Real Estate Loan Services, Inc. (formerly known as Prudential Asset Resources,
Inc.), as Primary Servicer (Omitted. See Explanatory Notes.)

 35.6
Servicer of the TEK Park Mortgage Loan (see Exhibit 35.1)

 35.7
of the TEK Park Mortgage Loan (see Exhibit 35.2)

 35.8
Servicer of the At Home Portfolio Mortgage Loan (see Exhibit 35.1)

 35.9
of the At Home Portfolio Mortgage Loan (see Exhibit 35.2)

 35.10
Servicer of the AG Life Time Fitness Portfolio Mortgage Loan (see Exhibit 35.1)

 35.11
CWCapital Asset Management LLC, as Special Servicer of the AG Life Time Fitness

 35.12
Servicer of the 3 Executive Campus Mortgage Loan (see Exhibit 35.1)

 35.13
of the 3 Executive Campus Mortgage Loan (see Exhibit 35.2)

 35.14
Servicer of the Regent Portfolio Mortgage Loan (see Exhibit 35.1)

 35.15
LNR Partners, LLC, as Special Servicer of the Regent Portfolio Mortgage Loan
(Omitted. See Explanatory Notes.)

 35.16
Servicer of The Mall at Rockingham Park Mortgage Loan (see Exhibit 35.1)

 35.17
Torchlight Loan Services, LLC, as Special Servicer of The Mall at Rockingham
Park Mortgage Loan (Omitted. See Explanatory Notes.)

 35.18
Servicer of the Renaissance Center Mortgage Loan (see Exhibit 35.1)

 35.19
LNR Partners, LLC, as Special Servicer of the Renaissance Center Mortgage Loan
(Omitted. See Explanatory Notes.)

 35.20
Servicer of the Holiday Inn Express Nashville - Downtown Mortgage Loan (see
Exhibit 35.1)

 35.21
of the Holiday Inn Express Nashville - Downtown Mortgage Loan (see Exhibit
35.2)

 35.22
Servicer of the Peachtree Mall Mortgage Loan (see Exhibit 35.1)

 35.23
of the Peachtree Mall Mortgage Loan (see Exhibit 35.2)

 35.24
Servicer of the OZRE Leased Fee Portfolio Mortgage Loan (see Exhibit 35.1)

 35.25
of the OZRE Leased Fee Portfolio Mortgage Loan (see Exhibit 35.2)

 35.26
Servicer of the Residence Inn by Marriott LAX Mortgage Loan (see Exhibit 35.1)

 35.27
of the Residence Inn by Marriott LAX Mortgage Loan (see Exhibit 35.2)

 99.1 Mortgage
Mortgage Securities, LLC and Soci t G n rale (filed as Exhibit 99.1 to the
registrant's Current Report on Form 8-K/A filed on July 20, 2016 under
Commission File No. 343-207074-01 and incorporated by reference herein)

 99.2 Mortgage
Mortgage Securities, LLC and Cantor Commercial Real Estate Lending, L.P. (filed
as Exhibit 99.2 to the registrant's Current Report on Form 8-K/A filed on July
20, 2016 under Commission File No. 343-207074-01 and incorporated by reference
herein)

 99.3 Mortgage
Mortgage Securities, LLC and Natixis Real Estate Capital LLC (filed as Exhibit
99.5 to the registrant's Current Report on Form 8-K/A filed on July 20, 2016
under Commission File No. 343-207074-01 and incorporated by reference herein)

 99.4 Mortgage
Mortgage Securities, LLC and Benefit Street Partners CRE Finance LLC (filed as
Exhibit 99.3 to the registrant's Current Report on Form 8-K/A filed on July 20,
2016 under Commission File No. 343-207074-01 and incorporated by reference
herein)

 99.5 Mortgage
Mortgage Securities, LLC and Silverpeak Real Estate Finance LLC (filed as
Exhibit 99.4 to the registrant's Current Report on Form 8-K/A filed on July 20,
2016 under Commission File No. 343-207074-01 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.

 SG
Commercial Mortgage Securities, LLC

(Depositor)

 /s/ Adam Ansaldi

 Adam
Ansaldi, President

 (senior officer in charge of
securitization of the depositor)

 Date: March 14, 2025