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, 2023

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: 333-226943-02

 Central Index Key Number of the issuing entity:
0001766367

 Benchmark 2019-B10 Mortgage Trust

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

 Central Index Key Number of the depositor: 0001013454

 Deutsche Mortgage & Asset
Receiving Corporation

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

 Central Index Key Number of the sponsor: 0001541294

 German American Capital Corporation

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

 Central Index Key Number of the sponsor: 0001701238

 Citi Real Estate Funding Inc.

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

 Central Index Key Number of the sponsor: 0000835271

 JPMorgan Chase Bank, National
Association

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

 New York

 (State or other jurisdiction of

 incorporation or organization of

 the issuing entity)

 38-4104451

 38-4104452

 38-4104453

 38-7221280

 (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) 250-2500

 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 3 Columbus Circle Mortgage Loan, the ARC
Apartments Mortgage Loan, the Saint Louis Galleria Mortgage Loan, the Soho
Beach House Mortgage Loan and the Tulsa Office Portfolio Mortgage Loan, which
constituted approximately 6.5%, 5.2%, 5.2%, 3.5% and 2.5%, 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 3 Columbus Circle Mortgage Loan, eleven other pari passu
loans and two subordinate companion loans, each of which are not assets of the
issuing entity, (b) with respect to the ARC Apartments Mortgage Loan, one other
 pari passu loan and two subordinate companion loans, each of which are
not assets of the issuing entity, (c) with respect to the Saint Louis Galleria
Mortgage Loan, nine other pari passu loans, which are not assets of the
issuing entity, (d) with respect to the Soho Beach House Mortgage Loan, one
other pari passu loan, which is not an asset of the issuing entity and
(e) with respect to the Tulsa Office Portfolio Mortgage Loan, one other pari
passu loan, which is not an asset of the issuing entity. These loan
combinations, including the 3 Columbus Circle Mortgage Loan, the ARC Apartments
Mortgage Loan, the Saint Louis Galleria Mortgage Loan, the Soho Beach House
Mortgage Loan and the Tulsa Office 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.

Exhibit Index) with respect to the 3 Park Avenue Mortgage Loan and the AC Marriott
Downtown Tucson Mortgage Loan, which constituted approximately 5.2% and 1.3%,
respectively, of the asset pool of the issuing entity as of its cut-off
date. The 3 Park Avenue Mortgage Loan and the AC Marriott Downtown Tucson
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 3 Park Avenue Mortgage
Loan, two other pari passu loans, which are not assets of the issuing
entity or (b) with respect to the AC Marriott Downtown Tucson Mortgage Loan,
one other pari passu loan, which is not an asset of the issuing entity.
A pari passu portion of each loan combination was securitized in the
Benchmark 2019-B9 Mortgage Trust transaction, Commission File Number
333-207132-21 (the " Benchmark 2019-B9 Transaction "). These loan
combinations, including the 3 Park Avenue Mortgage Loan and the AC Marriott
Downtown Tucson Mortgage Loan, are being serviced and administered pursuant to
the pooling and servicing agreement for the Benchmark 2019-B9 Transaction,
which is incorporated by reference as Exhibit 4.2 to this Annual Report on Form
10-K.

Exhibit Index) with respect to the Pace Gallery HQ Mortgage Loan, which
constituted approximately 3.5% of the asset pool of the issuing entity as of
its cut-off date. The Pace Gallery HQ Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the Pace Gallery
HQ 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 GS Mortgage Securities Trust 2019-GC38 transaction,
Commission File Number 333-226082-01 (the " GSMS 2019-GC38 Transaction ").
This loan combination, including the Pace Gallery HQ Mortgage Loan, is being
serviced and administered pursuant to the pooling and servicing agreement for
the GSMS 2019-GC38 Transaction, which is incorporated by reference as Exhibit
4.3 to this Annual Report on Form 10-K.

Exhibit Index) with respect to the Liberty Station Retail Mortgage Loan, which
constituted approximately 1.7% of the asset pool of the issuing entity as of
its cut-off date. The Liberty Station Retail Mortgage Loan is an asset of
the issuing entity and is part of a loan combination that includes the Liberty
Station Retail Mortgage Loan and two other pari passu loans, which are
not assets of the issuing entity. A pari passu portion of the loan
combination was securitized in the JPMCC Commercial Mortgage Securities Trust
2019-COR4 transaction, Commission File Number 333-226123-02 (the " JPMCC
2019-COR4 Transaction "). This loan combination, including the Liberty
Station Retail Mortgage Loan, is being serviced and administered pursuant to
the pooling and servicing agreement for the JPMCC 2019-COR4 Transaction, which
is incorporated by reference as Exhibit 4.4 to this Annual Report on Form 10-K.

Exhibit Index) with respect to the 101 California Mortgage Loan, which
constituted approximately 3.5% of the asset pool of the issuing entity as of
its cut-off date. The 101 California Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the 101
California Mortgage Loan, seven 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 CALI Mortgage
Trust 2019-101C transaction (the " CALI 2019-101C Transaction "). This
loan combination, including the 101 California Mortgage Loan, is being serviced
and administered pursuant to the trust and servicing agreement for the CALI
2019-101C Transaction, which is incorporated by reference as Exhibit 4.5 to
this Annual Report on Form 10-K.

Exhibit Index) with respect to the Atrium Two Mortgage Loan, which constituted
approximately 2.2% of the asset pool of the issuing entity as of its cut-off
date. The Atrium Two Mortgage Loan is an asset of the issuing entity and
is part of a loan combination that includes the Atrium Two Mortgage Loan and
one other pari passu loan, which is not an asset of the issuing entity.
This loan combination, including the Atrium Two Mortgage Loan, was serviced
under the Pooling and Servicing Agreement for the issuing entity prior to the
closing of the securitization of the other pari passu portion of the
Atrium Two loan combination in the CF 2019-CF1 Mortgage Trust transaction,
Commission File Number 333-228697-01 (the " CF 2019-CF1 Transaction ").
After the closing of the CF 2019-CF1 Transaction on April 30, 2019, this loan
combination, including the Atrium Two Mortgage Loan was, and will continue to
be, serviced and administered pursuant to the pooling and servicing agreement
with respect to the CF 2019-CF1 Transaction, which is incorporated by reference
as Exhibit 4.6 to this Annual Report on Form 10-K.

Exhibit Index) with respect to the Vie Portfolio Mortgage Loan, which
constituted approximately 1.5% of the asset pool of the issuing entity as of
its cut-off date. The Vie Portfolio Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the Vie
Portfolio Mortgage Loan and one other pari passu loan, which is not an
asset of the issuing entity. This loan combination, including the Vie Portfolio
Mortgage Loan, was serviced under the Pooling and Servicing Agreement for the
issuing entity prior to the closing of the securitization of the other pari
passu portion of the Vie Portfolio loan combination in the JPMCC Commercial
Mortgage Securities Trust 2019-COR5 transaction, Commission File Number
333-226123-04 (the " JPMCC 2019-COR5 Transaction "). After the
closing of the JPMCC 2019-COR5 Transaction on June 27, 2019, this loan
combination, including the Vie Portfolio Mortgage Loan was, and will continue
to be, serviced and administered pursuant to the pooling and servicing
agreement with respect to the JPMCC 2019-COR5 Transaction, which is
incorporated by reference as Exhibit 4.7 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.

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

 Wells Fargo Bank, National Association
is the certificate administrator of the mortgage loans serviced under the
Pooling and Servicing Agreement and the primary servicer of the 3 Park Avenue
Mortgage Loan, the Pace Gallery HQ Mortgage Loan and the AC Marriott Downtown
Tucson 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 101 California Mortgage Loan, the Pace Gallery HQ
Mortgage Loan, the Liberty Station Retail Mortgage Loan and the Vie 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.

 Pentalpha Surveillance LLC is the
operating advisor of the mortgage loans serviced under the Pooling and
Servicing Agreement, the 101 California Mortgage Loan, the Pace Gallery HQ
Mortgage Loan, the Liberty Station Retail Mortgage Loan and the Vie 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.

 Midland Loan Services, a Division
of PNC Bank, National Association is the primary servicer of the 3 Columbus
Circle Mortgage Loan and other mortgage loans serviced under the Pooling and
Servicing Agreement and the primary servicer and special servicer of the 101
California Mortgage Loan, the Liberty Station Retail Mortgage Loan and the Vie
Portfolio Mortgage Loan and the special servicer of the Pace Gallery HQ
Mortgage Loan prior to May 10, 2023. As a result, Midland Loan Services, a
Division of PNC 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 Midland Loan Services, a Division of PNC Bank, National
Association in the capacities described above are listed in the Exhibit Index.

 LNR Partners, LLC is the special
servicer of the AC Marriott Downtown Tucson Mortgage Loan, the 3 Park Avenue
Mortgage Loan, the Atrium Two Mortgage Loan, the 3 Columbus Circle Mortgage
Loan, the ARC Apartments Mortgage Loan and the other mortgage loans serviced under
the Pooling and Servicing Agreement prior to February 16, 2023. 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..

 Citibank, N.A.
is the custodian of the 3 Park Avenue Mortgage Loan, the Atrium Two Mortgage
Loan and the AC Marriott Downtown Tucson Mortgage Loan. As a result,
Citibank, N.A. is a servicing function participant in the capacities described
above, because it is servicing mortgage loans that constituted 5% or more of
the assets of the issuing entity as of its cut-off date. The assessments of
compliance with applicable servicing criteria and accountants' attestation
reports delivered by Citibank, N.A. in the capacities described above are
listed in the Exhibit Index, and exclude the servicing criteria set forth in
Items 1122(d)(4)(i) and 1122(d)(4)(ii) of Regulation AB, relating to the
maintenance of collateral or security on pool assets as required by the pooling
and servicing agreement for the Benchmark 2019-B9 Transaction and the pooling
and servicing agreement for the CF 2019-CF1 Transaction and the safeguarding of
pool assets and related documents as required by the pooling and servicing
agreement for the Benchmark 2019-B9 Transaction and the pooling and servicing
agreement for the CF 2019-CF1 Transaction which servicing criteria have been
assessed by U.S. Bank National Association, as a servicing function
participant, as described below in these Explanatory Notes.

 Park Bridge Lender Services LLC is
the operating advisor of the 3 Park Avenue Mortgage Loan, the Atrium Two
Mortgage Loan and the AC Marriott Downtown Tucson 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.

 Wells Fargo Bank, National
Association acts as trustee of the 3 Columbus Circle Mortgage Loan, the Saint
Louis Galleria Mortgage Loan, the ARC Apartments Mortgage Loan, the Soho Beach
House Mortgage Loan, the Tulsa Office Portfolio Mortgage Loan, the Liberty
Station Retail Mortgage Loan, the 101 California Mortgage Loan and the Vie
Portfolio Mortgage Loan. Pursuant to the Pooling and Servicing Agreement,
the pooling and servicing agreement for the JPMCC 2019-COR4 Transaction, the
trust and servicing agreement for the CALI 2019-101C Transaction and the
pooling and servicing agreement for the JPMCC 2019-COR5 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 Columbus Circle Mortgage
Loan, the Saint Louis Galleria Mortgage Loan, the ARC Apartments Mortgage Loan,
the Soho Beach House Mortgage Loan, the Tulsa Office Portfolio Mortgage Loan,
the Liberty Station Retail Mortgage Loan, the 101 California Mortgage Loan and
the Vie Portfolio 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 3 Park Avenue Mortgage Loan, the AC Marriott
Downtown Tucson Mortgage Loan and the Pace Gallery HQ Mortgage Loan.
Pursuant to the pooling and servicing agreement for the Benchmark 2019-B9
Transaction and the pooling and servicing agreement for the GSMS 2019-GC38
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 Park
Avenue Mortgage Loan, the AC Marriott Downtown Tucson Mortgage Loan and the
Pace Gallery HQ Mortgage Loan have delivered one or more assessments of
compliance with respect to Item 1122(d)(2)(iii) of Regulation AB.

 This Annual Report on Form 10-K
includes an assessment of compliance with applicable servicing criteria and an
accountant's attestation report from U.S. Bank National Association. This
entity was engaged by Citibank, N.A., as custodian of the 3 Park Avenue
Mortgage Loan, the AC Marriott Downtown Tucson Mortgage Loan and the Atrium Two
Mortgage Loan, to perform certain custodial services. These custodial services
are servicing functions included within the servicing criteria set forth in
Items 1122(d)(4)(i) and 1122(d)(4)(ii) of Regulation AB. Therefore, under the
principles-based definition of "servicer" set forth in Item 1101(j) or
Regulation AB that looks to the functions that an entity performs, this vendor
is a "servicer" for the purposes of Item 1122 of Regulation AB. See Compliance
and Disclosure Interpretations, Section 301.01 (Item 1101(j)).

 This Annual Report on Form 10-K
includes assessments of compliance with applicable servicing criteria and
accountants' attestation reports from CoreLogic Solutions, LLC. This
entity was engaged by the primary servicer of the 3 Park Avenue Mortgage Loan,
the AC Marriott Downtown Tucson Mortgage Loan and the Pace Gallery HQ 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 Items 1122(d)(4)(xi)
and 1122(d)(4)(xii) 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 Pace Gallery HQ
Mortgage Loan, the Liberty Station Retail Mortgage Loan, the 101 California
Mortgage Loan, the Vie Portfolio Mortgage Loan, the 3 Park Avenue Mortgage
Loan, the AC Marriott Downtown Tucson Mortgage Loan and the Atrium Two 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 combination that includes the Pace Gallery HQ Mortgage Loan, (i) the
report on assessment of compliance with servicing criteria and attestation
report on assessment of compliance with servicing criteria of K-Star Asset
Management LLC as special servicer of the Pace Gallery HQ Mortgage Loan on and
after May 10, 2023 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
statement of K-Star Asset Management LLC as special servicer of the Pace
Gallery HQ Mortgage Loan on and after May 10, 2023, listed on the Exhibit Index
are 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.

 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, as trustee and 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 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 April 11, 2019 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 Schedule
II 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 3 Park Avenue Mortgage Loan and
the AC Marriott Downtown Tucson Mortgage Loan, which are being serviced and
administered pursuant to the pooling and servicing agreement for the Benchmark
2019-B9 Transaction, are attached hereto under Item 15 to this Annual Report on
Form 10-K. Attached as Exhibit O to the pooling and servicing agreement for the
Benchmark 2019-B9 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 Benchmark 2019-B9 Transaction responsible for each
applicable servicing criteria set forth in Item 1122(d).

criteria for asset-backed securities and related attestation reports on such assessments
of compliance with respect to the Pace Gallery HQ Mortgage Loan, which is being
serviced and administered pursuant to the pooling and servicing agreement for
the GSMS 2019-GC38 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 GSMS 2019-GC38 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 GSMS 2019-GC38
Transaction responsible for each applicable servicing criteria set forth in
Item 1122(d).

criteria for asset-backed securities and related attestation reports on such assessments
of compliance with respect to the Liberty Station Retail Mortgage Loan, which
is being serviced and administered pursuant to the pooling and servicing
agreement for the JPMCC 2019-COR4 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 2019-COR4 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 JPMCC
2019-COR4 Transaction responsible for each applicable servicing criteria set
forth in Item 1122(d).

assessments of compliance with respect to the 101 California Mortgage Loan,
which is being serviced and administered pursuant to the trust and servicing
agreement for the CALI 2019-101C 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 CALI 2019-101C 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 CALI
2019-101C Transaction responsible for each applicable servicing criteria set
forth in Item 1122(d).

assessments of compliance with respect to the Atrium Two Mortgage Loan, which
is being serviced and administered pursuant to the pooling and servicing
agreement for the CF 2019-CF1 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 CF 2019-CF1 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 CF 2019-CF1 Transaction
responsible for each applicable servicing criteria set forth in Item 1122(d).

assessments of compliance with respect to the Vie Portfolio Mortgage Loan,
which is being serviced and administered pursuant to the pooling and servicing
agreement for the JPMCC 2019-COR5 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 2019-COR5 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 JPMCC
2019-COR5 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 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 April 1,
2019, between Deutsche Mortgage & Asset Receiving Corporation, as
Depositor, KeyBank National Association, as Master Servicer, LNR Partners, LLC,
as Special Servicer, Wells Fargo Bank, National Association, as Trustee, Wells
Fargo Bank, National Association, as Certificate Administrator, Paying Agent
and Custodian, and Pentalpha Surveillance LLC, as Operating Advisor and Asset
Representations Reviewer (filed as Exhibit 4.1 to the registrant's Current
Report on Form 8-K/A filed on June 3, 2019 under Commission File No.
333-226943-02 and incorporated by reference herein).

 4.2
 Pooling and Servicing Agreement, dated as of February 1,
2019, by and among Citigroup Commercial Mortgage Securities Inc., as Depositor,
Wells Fargo Bank, National Association, as Master Servicer, LNR Partners, LLC,
as Special Servicer, Park Bridge Lender Services LLC, as Operating Advisor and
Asset Representations Reviewer, Citibank, N.A., as Certificate Administrator,
and Wilmington Trust, National Association, as Trustee (filed as Exhibit 99.4
to the registrant's Current Report on Form 8-K filed on April 11, 2019 under
Commission File No. 333-226943-02 and incorporated by reference herein).

 4.3
 Pooling and Servicing Agreement, dated as of February 1,
2019, by and among GS Mortgage Securities Corporation II, as Depositor, Wells
Fargo 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, Wilmington Trust,
National Association, as Trustee, and Pentalpha Surveillance LLC, as Operating
Advisor and as Asset Representations Reviewer (filed as Exhibit 99.6 to the
Commission File No. 333-226943-02 and incorporated by reference herein).

 4.4
 Pooling and Servicing Agreement, dated as of February 1,
2019, 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 Operating Advisor and as Asset
Representations Reviewer (filed as Exhibit 99.7 to the registrant's Current
Report on Form 8-K filed on April 11, 2019 under Commission File No.
333-226943-02 and incorporated by reference herein).

 4.5
 Trust and Servicing Agreement, dated as of March 6, 2019,
by and among GS Mortgage Securities Corporation II, as Depositor, Midland Loan
Services, a Division of PNC Bank, National Association, as Servicer, Midland
Loan Services, a Division of PNC Bank, National Association, as Special
Servicer, Wells Fargo Bank, National Association, as Certificate Administrator,
Custodian and Trustee, and Pentalpha Surveillance LLC, as Operating Advisor
(filed as Exhibit 99.5 to the registrant's Current Report on Form 8-K filed on
April 11, 2019 under Commission File No. 333-226943-02 and incorporated by
reference herein).

 4.6
 Pooling and Servicing Agreement, dated as of April 1,
2019, by and among CCRE Commercial Mortgage Securities, L.P., as Depositor,
KeyBank National Association, as Master Servicer, LNR Partners, LLC, Trimont
Real Estate Advisors, LLC and KeyBank National Association, each as a Special
Servicer, Citibank, N.A., as Trustee, Citibank, N.A., 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 99.1 to the registrant's Current
Report on Form 8-K filed on May 17, 2019 under Commission File No.
333-226943-02 and incorporated by reference herein).

 4.7
 Pooling and Servicing Agreement, dated as of June 1,
2019, 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 Operating Advisor and as Asset
Representations Reviewer (filed as Exhibit 99.1 to the registrant's Current
Report on Form 8-K filed on July 2, 2019 under Commission File No.
333-226943-02 and incorporated by reference herein).

 4.8
 Primary Servicing Agreement, dated as of April 1, 2019,
by and between KeyBank National Association, as Master Servicer, and Midland
Loan Services, a Division of PNC Bank, National Association, as Primary
Servicer (filed as Exhibit 99.20 to the registrant's Current Report on Form
8-K/A filed on June 3, 2019 under Commission File No. 333-226943-02 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
 KeyBank National Association, as Master Servicer

 33.2
 LNR Partners, LLC, as Special Servicer prior to
February 16, 2023

 33.3
on and after February 16, 2023

 33.4
 Wells Fargo Bank, National Association, as Trustee
and Certificate Administrator

 33.5
Custodian

 33.6
 Pentalpha Surveillance LLC, as Operating Advisor

 33.7
as Servicing Function Participant for the Certificate Administrator

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

 33.9
National Association, as Primary Servicer

 33.10
 Situs Real LLC, as EU Reporting Administrator

 33.11
National Association, as Primary Servicer of the 3 Columbus Circle Mortgage
Loan (see Exhibit 33.9)

 33.12
Columbus Circle Mortgage Loan (see Exhibit 33.2)

 33.13
Wells Fargo Bank, National Association, as Trustee of the 3 Columbus Circle

 33.14
Custodian of the 3 Columbus Circle Mortgage Loan (see Exhibit 33.5)

 33.15
the 3 Columbus Circle Mortgage Loan (see Exhibit 33.6)

 33.16

 33.17
of the Saint Louis Galleria Mortgage Loan (see Exhibit 33.1)

 33.18
 LNR Partners, LLC, as Special Servicer of the Saint
Louis Galleria Mortgage Loan prior to February 16, 2023 (see Exhibit 33.2)

 33.19
of the Saint Louis Galleria Mortgage Loan on and after February 16, 2023 (see
Exhibit 33.3)

 33.20
Wells Fargo Bank, National Association, as Trustee of the Saint Louis Galleria

 33.21
 Wells Fargo Bank, National Association, as Custodian
of the Saint Louis Galleria Mortgage Loan (see Exhibit 33.5)

 33.22
the Saint Louis Galleria Mortgage Loan (see Exhibit 33.6)

 33.23

 33.24
of the ARC Apartments Mortgage Loan (see Exhibit 33.1)

 33.25
 LNR Partners, LLC, as Special Servicer of the ARC
Apartments Mortgage Loan (see Exhibit 33.2)

 33.26
Wells Fargo Bank, National Association, as Trustee of the ARC Apartments

 33.27
Custodian of the ARC Apartments Mortgage Loan (see Exhibit 33.5)

 33.28
the ARC Apartments Mortgage Loan (see Exhibit 33.6)

 33.29

 33.30
of the Soho Beach House Mortgage Loan (see Exhibit 33.1)

 33.31
 LNR Partners, LLC, as Special Servicer of the Soho
Beach House Mortgage Loan prior to February 16, 2023 (see Exhibit 33.2)

 33.32
of the Soho Beach House Mortgage Loan on and after February 16, 2023 (see
Exhibit 33.3)

 33.33
Wells Fargo Bank, National Association, as Trustee of the Soho Beach House

 33.34
Custodian of the Soho Beach House Mortgage Loan (see Exhibit 33.5)

 33.35
the Soho Beach House Mortgage Loan (see Exhibit 33.6)

 33.36
 Computershare Trust Company, National Association, as
Servicing Function Participant for the Custodian (see Exhibit 33.8)

 33.37
of the Tulsa Office Portfolio Mortgage Loan (see Exhibit 33.1)

 33.38
 LNR Partners, LLC, as Special Servicer of the Tulsa
Office Portfolio Mortgage Loan prior to February 16, 2023 (see Exhibit 33.2)

 33.39
of the Tulsa Office Portfolio Mortgage Loan on and after February 16, 2023 (see
Exhibit 33.3)

 33.40
Wells Fargo Bank, National Association, as Trustee of the Tulsa Office
Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)

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

 33.42
the Tulsa Office Portfolio Mortgage Loan (see Exhibit 33.6)

 33.43

 33.44
Servicer of the 3 Park Avenue Mortgage Loan

 33.45
Park Avenue Mortgage Loan (see Exhibit 33.2)

 33.46
Wilmington Trust, National Association, as Trustee of the 3 Park Avenue

 33.47
 Citibank, N.A., as Custodian of the 3 Park Avenue
Mortgage Loan

 33.48
Advisor of the 3 Park Avenue Mortgage Loan

 33.49
Participant of the 3 Park Avenue Mortgage Loan

 33.50
Function Participant of the 3 Park Avenue Mortgage Loan

 33.51
Servicer of the AC Marriott Downtown Tucson Mortgage Loan (see Exhibit 33.44)

 33.52
 LNR Partners, LLC, as Special Servicer of the AC
Marriott Downtown Tucson Mortgage Loan (see Exhibit 33.2)

 33.53
Wilmington Trust, National Association, as Trustee of the AC Marriott Downtown
Tucson Mortgage Loan (Omitted. See Explanatory Notes.)

 33.54
 Citibank, N.A., as Custodian of the AC Marriott
Downtown Tucson Mortgage Loan (see Exhibit 33.47)

 33.55
Advisor of the AC Marriott Downtown Tucson Mortgage Loan (see Exhibit 33.48)

 33.56
Participant of the AC Marriott Downtown Tucson Mortgage Loan (see Exhibit
33.49)

 33.57
Function Participant of the AC Marriott Downtown Tucson Mortgage Loan (see
Exhibit 33.50)

 33.58
Servicer of the Pace Gallery HQ Mortgage Loan (see Exhibit 33.44)

 33.59
National Association, as Special Servicer of the Pace Gallery HQ Mortgage Loan
prior to May 10, 2023 (see Exhibit 33.9)

 33.60
K-Star Asset Management LLC, as Special Servicer of the Pace Gallery HQ
Mortgage Loan on and after May 10, 2023 (Omitted. See Explanatory Notes.)

 33.61
Wilmington Trust, National Association, as Trustee of the Pace Gallery HQ

 33.62
Custodian of the Pace Gallery HQ Mortgage Loan (see Exhibit 33.5)

 33.63
the Pace Gallery HQ Mortgage Loan (see Exhibit 33.6)

 33.64
Participant of the Pace Gallery HQ Mortgage Loan (see Exhibit 33.49)

 33.65

 33.66
National Association, as Primary Servicer of the Liberty Station Retail
Mortgage Loan (see Exhibit 33.9)

 33.67
National Association, as Special Servicer of the Liberty Station Retail
Mortgage Loan (see Exhibit 33.9)

 33.68
Wells Fargo Bank, National Association, as Trustee of the Liberty Station
Retail Mortgage Loan (Omitted. See Explanatory Notes.)

 33.69
Custodian of the Liberty Station Retail Mortgage Loan (see Exhibit 33.5)

 33.70
the Liberty Station Retail Mortgage Loan (see Exhibit 33.6)

 33.71

 33.72
National Association, as Primary Servicer of the 101 California Mortgage Loan
(see Exhibit 33.9)

 33.73
National Association, as Special Servicer of the 101 California Mortgage Loan
(see Exhibit 33.9)

 33.74
Wells Fargo Bank, National Association, as Trustee of the 101 California

 33.75
Custodian of the 101 California Mortgage Loan (see Exhibit 33.5)

 33.76
the 101 California Mortgage Loan (see Exhibit 33.6)

 33.77

 33.78
of the Atrium Two Mortgage Loan (see Exhibit 33.1)

 33.79
 LNR Partners, LLC, as Special Servicer of the
Atrium Two Mortgage Loan (see Exhibit 33.2)

 33.80
 Citibank, N.A., as Trustee and Custodian of the
Atrium Two Mortgage Loan (see Exhibit 33.47)

 33.81
Advisor of the Atrium Two Mortgage Loan (see Exhibit 33.48)

 33.82
Function Participant of the Atrium Two Mortgage Loan (see Exhibit 33.50)

 33.83
National Association, as Primary Servicer of the Vie Portfolio Mortgage Loan
(see Exhibit 33.9)

 33.84
National Association, as Special Servicer of the Vie Portfolio Mortgage Loan
(see Exhibit 33.9)

 33.85
Wells Fargo Bank, National Association, as Trustee of the Vie Portfolio

 33.86
Custodian of the Vie Portfolio Mortgage Loan (see Exhibit 33.5)

 33.87
the Vie Portfolio Mortgage Loan (see Exhibit 33.6)

 33.88

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

 34.1
 KeyBank National Association, as Master Servicer

 34.2
 LNR Partners, LLC, as Special Servicer prior to
February 16, 2023

 34.3
on and after February 16, 2023

 34.4
 Wells Fargo Bank, National Association, as Trustee
and Certificate Administrator

 34.5
Custodian

 34.6
 Pentalpha Surveillance LLC, as Operating Advisor

 34.7
as Servicing Function Participant for the Certificate Administrator

 34.8
as Servicing Function Participant for the Custodian

 34.9
National Association, as Primary Servicer

 34.10
 Situs Real LLC, as EU Reporting Administrator

 34.11
National Association, as Primary Servicer of the 3 Columbus Circle Mortgage
Loan (see Exhibit 34.9)

 34.12
Columbus Circle Mortgage Loan (see Exhibit 34.2)

 34.13
Wells Fargo Bank, National Association, as Trustee of the 3 Columbus Circle

 34.14
Custodian of the 3 Columbus Circle Mortgage Loan (see Exhibit 34.5)

 34.15
the 3 Columbus Circle Mortgage Loan (see Exhibit 34.6)

 34.16

 34.17
of the Saint Louis Galleria Mortgage Loan (see Exhibit 34.1)

 34.18
 LNR Partners, LLC, as Special Servicer of the Saint
Louis Galleria Mortgage Loan prior to February 16, 2023 (see Exhibit 34.2)

 34.19
of the Saint Louis Galleria Mortgage Loan on and after February 16, 2023 (see
Exhibit 34.3)

 34.20
Wells Fargo Bank, National Association, as Trustee of the Saint Louis Galleria

 34.21
 Wells Fargo Bank, National Association, as Custodian
of the Saint Louis Galleria Mortgage Loan (see Exhibit 34.5)

 34.22
the Saint Louis Galleria Mortgage Loan (see Exhibit 34.6)

 34.23

 34.24
of the ARC Apartments Mortgage Loan (see Exhibit 34.1)

 34.25
 LNR Partners, LLC, as Special Servicer of the ARC
Apartments Mortgage Loan (see Exhibit 34.2)

 34.26
Wells Fargo Bank, National Association, as Trustee of the ARC Apartments

 34.27
Custodian of the ARC Apartments Mortgage Loan (see Exhibit 34.5)

 34.28
the ARC Apartments Mortgage Loan (see Exhibit 34.6)

 34.29

 34.30
of the Soho Beach House Mortgage Loan (see Exhibit 34.1)

 34.31
 LNR Partners, LLC, as Special Servicer of the Soho
Beach House Mortgage Loan prior to February 16, 2023 (see Exhibit 34.2)

 34.32
of the Soho Beach House Mortgage Loan on and after February 16, 2023 (see
Exhibit 34.3)

 34.33
Wells Fargo Bank, National Association, as Trustee of the Soho Beach House

 34.34
Custodian of the Soho Beach House Mortgage Loan (see Exhibit 34.5)

 34.35
the Soho Beach House Mortgage Loan (see Exhibit 34.6)

 34.36

 34.37
of the Tulsa Office Portfolio Mortgage Loan (see Exhibit 34.1)

 34.38
 LNR Partners, LLC, as Special Servicer of the Tulsa
Office Portfolio Mortgage Loan prior to February 16, 2023 (see Exhibit 34.2)

 34.39
of the Tulsa Office Portfolio Mortgage Loan on and after February 16, 2023 (see
Exhibit 34.3)

 34.40
Wells Fargo Bank, National Association, as Trustee of the Tulsa Office
Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)

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

 34.42
the Tulsa Office Portfolio Mortgage Loan (see Exhibit 34.6)

 34.43

 34.44
Servicer of the 3 Park Avenue Mortgage Loan

 34.45
Park Avenue Mortgage Loan (see Exhibit 34.2)

 34.46
Wilmington Trust, National Association, as Trustee of the 3 Park Avenue

 34.47
 Citibank, N.A., as Custodian of the 3 Park Avenue
Mortgage Loan

 34.48
Advisor of the 3 Park Avenue Mortgage Loan

 34.49
Participant of the 3 Park Avenue Mortgage Loan

 34.50
Function Participant of the 3 Park Avenue Mortgage Loan

 34.51
Servicer of the AC Marriott Downtown Tucson Mortgage Loan (see Exhibit 34.44)

 34.52
 LNR Partners, LLC, as Special Servicer of the AC
Marriott Downtown Tucson Mortgage Loan (see Exhibit 34.2)

 34.53
Wilmington Trust, National Association, as Trustee of the AC Marriott Downtown
Tucson Mortgage Loan (Omitted. See Explanatory Notes.)

 34.54
 Citibank, N.A., as Custodian of the AC Marriott
Downtown Tucson Mortgage Loan (see Exhibit 34.47)

 34.55
Advisor of the AC Marriott Downtown Tucson Mortgage Loan (see Exhibit 34.48)

 34.56
Participant of the AC Marriott Downtown Tucson Mortgage Loan (see Exhibit
34.49)

 34.57
Function Participant of the AC Marriott Downtown Tucson Mortgage Loan (see
Exhibit 34.50)

 34.58
Servicer of the Pace Gallery HQ Mortgage Loan (see Exhibit 34.44)

 34.59
National Association, as Special Servicer of the Pace Gallery HQ Mortgage Loan
prior to May 10, 2023 (see Exhibit 34.9)

 34.60
K-Star Asset Management LLC, as Special Servicer of the Pace Gallery HQ
Mortgage Loan on and after May 10, 2023 (Omitted. See Explanatory Notes.)

 34.61
Wilmington Trust, National Association, as Trustee of the Pace Gallery HQ

 34.62
Custodian of the Pace Gallery HQ Mortgage Loan (see Exhibit 34.5)

 34.63
the Pace Gallery HQ Mortgage Loan (see Exhibit 34.6)

 34.64
Participant of the Pace Gallery HQ Mortgage Loan (see Exhibit 34.49)

 34.65

 34.66
National Association, as Primary Servicer of the Liberty Station Retail
Mortgage Loan (see Exhibit 34.9)

 34.67
National Association, as Special Servicer of the Liberty Station Retail
Mortgage Loan (see Exhibit 34.9)

 34.68
Wells Fargo Bank, National Association, as Trustee of the Liberty Station
Retail Mortgage Loan (Omitted. See Explanatory Notes.)

 34.69
Custodian of the Liberty Station Retail Mortgage Loan (see Exhibit 34.5)

 34.70
the Liberty Station Retail Mortgage Loan (see Exhibit 34.6)

 34.71
 Computershare Trust Company, National Association, as
Servicing Function Participant for the Custodian (see Exhibit 34.8)

 34.72
National Association, as Primary Servicer of the 101 California Mortgage Loan
(see Exhibit 34.9)

 34.73
National Association, as Special Servicer of the 101 California Mortgage Loan
(see Exhibit 34.9)

 34.74
Wells Fargo Bank, National Association, as Trustee of the 101 California

 34.75
Custodian of the 101 California Mortgage Loan (see Exhibit 34.5)

 34.76
the 101 California Mortgage Loan (see Exhibit 34.6)

 34.77

 34.78
of the Atrium Two Mortgage Loan (see Exhibit 34.1)

 34.79
 LNR Partners, LLC, as Special Servicer of the
Atrium Two Mortgage Loan (see Exhibit 34.2)

 34.80
 Citibank, N.A., as Trustee and Custodian of the
Atrium Two Mortgage Loan (see Exhibit 34.47)

 34.81
Advisor of the Atrium Two Mortgage Loan (see Exhibit 34.48)

 34.82
Function Participant of the Atrium Two Mortgage Loan (see Exhibit 34.50)

 34.83
National Association, as Primary Servicer of the Vie Portfolio Mortgage Loan
(see Exhibit 34.9)

 34.84
National Association, as Special Servicer of the Vie Portfolio Mortgage Loan
(see Exhibit 34.9)

 34.85
Wells Fargo Bank, National Association, as Trustee of the Vie Portfolio

 34.86
Custodian of the Vie Portfolio Mortgage Loan (see Exhibit 34.5)

 34.87
the Vie Portfolio Mortgage Loan (see Exhibit 34.6)

 34.88

Servicer compliance statements.

 35.1
 KeyBank National Association, as Master Servicer

 35.2
 LNR Partners, LLC, as Special Servicer prior to
February 16, 2023

 35.3
on and after February 16, 2023

 35.4
Certificate Administrator

 35.5
as Servicing Function Participant for the Certificate Administrator

 35.6
National Association, as Primary Servicer

 35.7
National Association, as Primary Servicer of the 3 Columbus Circle Mortgage
Loan (see Exhibit 35.6)

 35.8
Columbus Circle Mortgage Loan (see Exhibit 35.2)

 35.9
of the Saint Louis Galleria Mortgage Loan (see Exhibit 35.1)

 35.10
 LNR Partners, LLC, as Special Servicer of the Saint
Louis Galleria Mortgage Loan prior to February 16, 2023 (see Exhibit 35.2)

 35.11
of the Saint Louis Galleria Mortgage Loan on and after February 16, 2023 (see
Exhibit 35.3)

 35.12
of the ARC Apartments Mortgage Loan (see Exhibit 35.1)

 35.13
 LNR Partners, LLC, as Special Servicer of the ARC
Apartments Mortgage Loan (see Exhibit 35.2)

 35.14
of the Soho Beach House Mortgage Loan (see Exhibit 35.1)

 35.15
 LNR Partners, LLC, as Special Servicer of the Soho Beach
House Mortgage Loan prior to February 16, 2023 (see Exhibit 35.2)

 35.16
of the Soho Beach House Mortgage Loan on and after February 16, 2023 (see
Exhibit 35.3)

 35.17
of the Tulsa Office Portfolio Mortgage Loan (see Exhibit 35.1)

 35.18
 LNR Partners, LLC, as Special Servicer of the Tulsa
Office Portfolio Mortgage Loan prior to February 16, 2023 (see Exhibit 35.2)

 35.19
of the Tulsa Office Portfolio Mortgage Loan on and after February 16, 2023 (see
Exhibit 35.3)

 35.20
Servicer of the 3 Park Avenue Mortgage Loan

 35.21
Park Avenue Mortgage Loan (see Exhibit 35.2)

 35.22
Servicer of the AC Marriott Downtown Tucson Mortgage Loan (see Exhibit 35.20)

 35.23
 LNR Partners, LLC, as Special Servicer of the AC
Marriott Downtown Tucson Mortgage Loan (see Exhibit 35.2)

 35.24
Servicer of the Pace Gallery HQ Mortgage Loan (see Exhibit 35.20)

 35.25
National Association, as Special Servicer of the Pace Gallery HQ Mortgage Loan
prior to May 10, 2023 (see Exhibit 35.6)

 35.26
K-Star Asset Management LLC, as Special Servicer of the Pace Gallery HQ
Mortgage Loan on and after May 10, 2023 (Omitted. See Explanatory Notes.)

 35.27
National Association, as Primary Servicer of the Liberty Station Retail
Mortgage Loan (see Exhibit 35.6)

 35.28
National Association, as Special Servicer of the Liberty Station Retail
Mortgage Loan (see Exhibit 35.6)

 35.29
National Association, as Primary Servicer of the 101 California Mortgage Loan
(see Exhibit 35.6)

 35.30
National Association, as Special Servicer of the 101 California Mortgage Loan
(see Exhibit 35.6)

 35.31
of the Atrium Two Mortgage Loan (see Exhibit 35.1)

 35.32
 LNR Partners, LLC, as Special Servicer of the
Atrium Two Mortgage Loan (see Exhibit 35.2)

 35.33
 Midland Loan Services, a Division of PNC Bank, National
Association, as Primary Servicer of the Vie Portfolio Mortgage Loan (see
Exhibit 35.6)

 35.34
National Association, as Special Servicer of the Vie Portfolio Mortgage Loan
(see Exhibit 35.6)

 99.1 Mortgage Loan Purchase Agreement, dated as of March 21,
2019, between Deutsche Mortgage & Asset Receiving Corporation and German
American Capital Corporation (filed as Exhibit 99.1 to the registrant's Current
Report on Form 8-K filed on April 11, 2019 under Commission File No.
333-226943-02 and incorporated by reference herein)

 99.2 Mortgage Loan Purchase Agreement, dated as of March 21,
2019, between Deutsche Mortgage & Asset Receiving Corporation and Citi Real
Estate Funding Inc. (filed as Exhibit 99.2 to the registrant's Current Report
on Form 8-K filed on April 11, 2019 under Commission File No. 333-226943-02 and
incorporated by reference herein)

 99.3 Mortgage Loan Purchase Agreement, dated as of March 21,
2019, between Deutsche Mortgage & Asset Receiving Corporation and JPMorgan
Chase Bank, National Association (filed as Exhibit 99.3 to the registrant's
Current Report on Form 8-K filed on April 11, 2019 under Commission File No.
333-226943-02 and incorporated by reference herein)

 99.4 Agreement Between Noteholders, dated as of March 13, 2019
by and between JPMorgan Chase Bank, National Association, as Initial Note A-1-1
Holder, Initial Note A-1-2 Holder, Initial Note A-1-3 Holder, Initial Note
A-1-4 Holder, Initial Note A-1-5 Holder, Initial Note A-1-6 Holder, Initial
Note A-1-7 Holder and Initial Note A-1-8 Holder, Deutsche Bank AG, acting
through its New York Branch, as Note A-2-1 Holder, Note A-2-2 Holder, Note
A-2-3 Holder, Note A-2-4 Holder and Note A-2-5 Holder, JPMorgan Chase Bank,
National Association, as Initial Note B-1 Holder, and Deutsche Bank AG, acting
through its New York Branch, as Note B-2 Holder (filed as Exhibit 99.8 to the

 99.5 Agreement Between Note Holders, dated as of February 8,
2019, by and between Citi Real Estate Funding Inc., as Initial Note A-1 Holder,
Citi Real Estate Funding Inc., as Initial Note A-2 Holder, Citi Real Estate
Funding Inc., as Initial Note A-3 Holder and Citi Real Estate Funding Inc., as
Initial Note A-4 Holder (filed as Exhibit 99.9 to the registrant's Current
Report on Form 8-K filed on April 11, 2019 under Commission File No.
333-226943-02 and incorporated by reference herein)

 99.6 Co-Lender Agreement, dated as of December 27, 2018, among
Deutsche Bank AG, New York Branch, as Note A-1-A1 Holder, Deutsche Bank AG, New
York Branch, as Note A-1-A2 Holder, Deutsche Bank AG, New York Branch, as Note
A-1-A3 Holder, Deutsche Bank AG, New York Branch, as Note A-1-A4 Holder,
Deutsche Bank AG, New York Branch, as Note A-1-A5 Holder, Soci t G n rale, as
Note A-2-A1 Holder, Soci t G n rale Financial Corporation, as Note A-2-A2
Holder, Soci t G n rale, as Note A-2-A3 Holder, Soci t G n rale Financial
Corporation, as Note A-2-A4 Holder, and Soci t G n rale Financial Corporation,
as Note A-2-A5 Holder (filed as Exhibit 99.10 to the registrant's Current
Report on Form 8-K filed on April 11, 2019 under Commission File No.
333-226943-02 and incorporated by reference herein)

 99.7 Agreement Between Noteholders, dated as of February 13,
2019, by and between Citi Real Estate Funding Inc., as Initial Note A1-A
Holder, Deutsche Bank AG, New York Branch, as Initial Note A1-B Holder,
SHBNPP Global Professional Investment Type Private Real Estate Investment Trust
No.14(H), as Initial Note A2 Holder and SHBNPP Global Professional Investment Type
Private Real Estate Investment Trust No.15(H), as Initial Note B Holder (filed
as Exhibit 99.11 to the registrant's Current Report on Form 8-K filed on April
11, 2019 under Commission File No. 333-226943-02 and incorporated by reference
herein)

 99.8 Co-Lender Agreement, dated as of March 6, 2019, by and
among Goldman Sachs Mortgage Company, as Initial Note A-1 Holder, Initial Note
A-3 Holder, Initial Note A-4 Holder, Initial Note A-5 Holder and Initial Note
B-1 Holder and JPMorgan Chase Bank, National Association, as Initial Note A-2
Holder, Initial Note A-6 Holder, Initial Note A-7 Holder, Initial Note A-8
Holder, Initial Note A-9 Holder and Initial Note B-2 Holder (filed as Exhibit
99.12 to the registrant's Current Report on Form 8-K filed on April 11, 2019
under Commission File No. 333-226943-02 and incorporated by reference herein)

 99.9 Co-Lender Agreement, dated as of April 11, 2019, by and
between Citi Real Estate Funding Inc., as Initial Note A-1 Holder and Citi Real
Estate Funding Inc., as Initial Note A-2 Holder (filed as Exhibit 99.13 to the

 99.10 Co-Lender Agreement, dated as of February 27, 2019, by
and between Citi Real Estate Funding Inc., as Initial Note A-1 Holder and Citi
Real Estate Funding Inc., as Initial Note A-2 Holder (filed as Exhibit 99.14 to
the registrant's Current Report on Form 8-K filed on April 11, 2019 under

 99.11 Co-Lender Agreement, dated as of April 11, 2019, by and
between Citi Real Estate Funding Inc., as Initial Note A-1 Holder and Citi Real
Estate Funding Inc., as Initial Note A-2 Holder (filed as Exhibit 99.15 to the

 99.12 Co-Lender Agreement, dated as of April 11, 2019, between
German American Capital Corporation, as Note A-1 Holder and German American
Capital Corporation, as Note A-2 Holder (filed as Exhibit 99.16 to the

 99.13 Co-Lender Agreement, dated as of February 11, 2019, by
and among JPMorgan Chase Bank, National Association, as Initial Note A-1
Holder, JPMorgan Chase Bank, National Association, as Initial Note A-2 Holder
and JPMorgan Chase Bank, National Association, as Initial Note A-3 Holder
(filed as Exhibit 99.17 to the registrant's Current Report on Form 8-K filed on
April 11, 2019 under Commission File No. 333-226943-02 and incorporated by
reference herein)

 99.14 Co-Lender Agreement, dated as of April 11, 2019, 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 99.18 to the registrant's Current Report on Form 8-K filed on April 11,
2019 under Commission File No. 333-226943-02 and incorporated by reference
herein)

 99.15 Co-Lender Agreement, dated as of February 14, 2019,
between Deutsche Bank AG, New York Branch, as Note A-1 Holder and Deutsche Bank
AG, New York Branch, as Note A-2 Holder (filed as Exhibit 99.19 to the

 (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.

 Deutsche Mortgage & Asset
Receiving Corporation

(Depositor)

 /s/ Helaine
M. Kaplan

 Helaine M.
Kaplan, President

 (senior officer in charge of
securitization of the depositor)

 Date: March 12, 2024

 /s/ Matt
Smith

 Matt Smith, Director

 Date: March 12, 2024


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, 2023

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: 333-206677-05

 Central Index Key Number of the issuing entity:
0001672587

 Wells Fargo Commercial Mortgage
Trust 2016-C34

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

 Central Index Key Number of the depositor: 0000850779

 Wells Fargo Commercial Mortgage
Securities, Inc.

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

 Central Index Key Number of the sponsor: 0000740906

 Wells Fargo Bank, National
Association

 Central Index Key Number of the sponsor: 0001542256

 Natixis Real Estate Capital LLC

 Central Index Key Number of the sponsor: 0001592182

 LMF Commercial, LLC

 (formerly known as Rialto
Mortgage Finance, LLC)

 Central Index Key Number of the sponsor: 0001624053

 Argentic Real Estate Finance LLC

 (formerly known as
Silverpeak Real Estate Finance LLC)

 Central Index Key Number of the sponsor: 0001542105

 Basis Real Estate Capital II, LLC

 New York

 (State or other jurisdiction of

 incorporation or organization of

 the issuing entity)

 38-3991361

 38-3991362

 38-7145095

 (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:

 (704) 374-6161

 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 Regent Portfolio Mortgage Loan, which
constituted approximately 9.96% 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 Regent Portfolio Mortgage Loan and one other pari
passu loan, which is not an asset of the issuing entity. This loan
combination, including the Regent Portfolio 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 Marriott Monterey Mortgage Loan, which
constituted approximately 4.3% of the asset pool of the issuing entity as of its
cut-off date. The Marriott Monterey Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the Marriott
Monterey 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 Citigroup Commercial Mortgage Trust 2016-P3
transaction, Commission File Number 333-207132-02 (the " CGCMT 2016-P3
Transaction "). This loan combination, including the Marriott Monterey Mortgage
Loan, is being serviced and administered pursuant to the pooling and servicing
agreement for the CGCMT 2016-P3 Transaction, which is incorporated by reference
as Exhibit 4.2 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 Marriott Monterey 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.

 Wilmington Trust, National
Association acts as trustee of the mortgage loans serviced under the
Pooling and Servicing Agreement and the Marriott Monterey Mortgage Loan.
Pursuant to the Pooling and Servicing Agreement and the pooling and servicing
agreement for the CGCMT 2016-P3 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 Marriott Monterey 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 Marriott Monterey 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 Items 1122(d)(4)(xi)
and 1122(d)(4)(xii) 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 assessment of compliance with
applicable servicing criteria, accountants' attestation report and servicer
compliance statement of the certificate administrator of the Marriott Monterey
Mortgage Loan is 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 it is
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 combination that includes the Marriott Monterey Mortgage Loan, (i) the
reports on assessment of compliance with servicing criteria and attestation
reports on assessment of compliance with servicing criteria of Greystone
Servicing Company LLC (as successor to C-III Asset Management LLC) as special
servicer of the Marriott Monterey Mortgage Loan, Citibank, N.A. as custodian of
the Marriott Monterey Mortgage Loan and Park Bridge Lender Services LLC as
operating advisor of the Marriott Monterey Mortgage Loan, listed on the Exhibit
Index are omitted from this Annual Report on Form 10-K as they are not required
to be included on this Annual Report on Form 10-K per Instruction 3 to Item
1122 of Regulation AB because they are parties performing activities that
address servicing criteria relating to 5% or less of the assets of the issuing
entity; and (ii) the servicer compliance statement of Greystone Servicing
Company LLC (as successor to C-III Asset Management LLC) as special servicer of
the Marriott Monterey Mortgage Loan, 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.

 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 and custodian.

 In December 2014, Phoenix Light SF
Limited (Phoenix Light) and certain related entities filed a complaint in the
United States District Court for the Southern District of New York alleging
claims against Wells Fargo Bank, N.A., in its capacity as trustee for a number
of residential mortgage-backed securities (RMBS) trusts. Complaints raising
similar allegations have been filed by Commerzbank AG in the Southern District
of New York, IKB International and IKB Deutsche Industriebank (together, IKB)
in New York state court, and Park Royal I LLC and Park Royal II LLC in New York
state court. In each case, the plaintiffs allege that Wells Fargo Bank, N.A.,
as trustee, caused losses to investors, and plaintiffs assert causes of action
based upon, among other things, the trustee's alleged failure to notify and
enforce repurchase obligations of mortgage loan sellers for purported breaches
of representations and warranties, notify investors of alleged events of
default, and abide by appropriate standards of care following alleged events of
default. In July 2022, the district court dismissed Phoenix Light's claims and
certain of the claims asserted by Commerzbank AG, and subsequently entered
judgment in each case in favor of Wells Fargo Bank, N.A. In August 2022,
Phoenix Light and Commerzbank AG each appealed the district court's decision to
the United States Court of Appeals for the Second Circuit. Phoenix Light
dismissed its appeal in May 2023, terminating its case. In 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 May 24, 2016 pursuant to Rule 424(b)(2).

 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 Marriott Monterey Mortgage Loan,
which is being serviced and administered pursuant to the pooling and servicing
agreement for the CGCMT 2016-P3 Transaction, are attached hereto under Item 15
to this Annual Report on Form 10-K. Attached as Exhibit O to the pooling and
servicing agreement for the CGCMT 2016-P3 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 CGCMT 2016-P3
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 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 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 Asset Representations Reviewer (filed as Exhibit 4.1 to
the registrant's Current Report on Form 8-K/A filed on July 14, 2016 under
Commission File No. 333-206677-05 and incorporated by reference herein).

 4.2
 Pooling
and Servicing Agreement, dated as of April 1, 2016, by and among Citigroup
Commercial Mortgage Securities Inc., as Depositor, Wells Fargo Bank, National
Association, as Master Servicer, C-III Asset Management LLC, as Special Servicer,
Citibank, N.A., as Certificate Administrator and Custodian, Wilmington Trust,
National Association, as Trustee, and Park Bridge Lender Services LLC, as
Operating Advisor and Asset Representations Reviewer (filed as Exhibit 99.6 to
the registrant's Current Report on Form 8-K filed on May 24, 2016 under
Commission File No. 333-206677-05 and incorporated by reference herein).

 4.3
 Co-Lender
Agreement, dated as of May 24, 2016, by and among Natixis Real Estate Capital LLC, as Note A-1 Holder and Note A-2 Holder
(filed as Exhibit 99.8 to the registrant's Current Report on Form 8-K filed on
May 24, 2016 under Commission File No. 333-206677-05 and incorporated by
reference herein.

 4.4
 Co-Lender
Agreement, dated as of May 6, 2016, by and among Natixis Real Estate Capital LLC, as Senior Note Holder and Junior Note
Holder (filed as Exhibit 99.9 to the registrant's Current Report on Form 8-K
filed on May 24, 2016 under Commission File No. 333-206677-05 and
incorporated by reference herein.

 4.5
 Co-Lender
Agreement, dated as of April 13, 2016, by and among Natixis Real Estate Capital LLC, as Note A-1 Holder and Note A-2 Holder
(filed as Exhibit 99.7 to the registrant's Current Report on Form 8-K filed on
May 24, 2016 under Commission File No. 333-206677-05 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
 Pentalpha Surveillance LLC, as Operating Advisor

 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 Regent Portfolio Mortgage Loan (see Exhibit 33.1)

 33.11
 LNR Partners, LLC, as Special Servicer of the
Regent Portfolio Mortgage Loan (see Exhibit 33.2)

 33.12
Wilmington Trust, National Association, as Trustee of the Regent Portfolio

 33.13
Custodian of the Regent Portfolio Mortgage Loan (see Exhibit 33.5)

 33.14
 Pentalpha Surveillance LLC, as Operating Advisor of
the Regent Portfolio Mortgage Loan (see Exhibit 33.6)

 33.15
Participant of the Regent Portfolio 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 Marriott Monterey Mortgage Loan (see Exhibit 33.1)

 33.18
Greystone Servicing Company LLC (as successor to C-III Asset Management LLC),
as Special Servicer of the Marriott Monterey Mortgage Loan (Omitted. See
Explanatory Notes.)

 33.19
Wilmington Trust, National Association, as Trustee of the Marriott Monterey

 33.20
Citibank, N.A., as Custodian of the Marriott Monterey Mortgage Loan (Omitted.
See Explanatory Notes.)

 33.21
Park Bridge Lender Services LLC, as Operating Advisor of the Marriott Monterey

 33.22
Participant of the Marriott Monterey 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
 Pentalpha Surveillance LLC, as Operating Advisor

 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 Regent Portfolio Mortgage Loan (see Exhibit 34.1)

 34.11
 LNR Partners, LLC, as Special Servicer of the
Regent Portfolio Mortgage Loan (see Exhibit 34.2)

 34.12
Wilmington Trust, National Association, as Trustee of the Regent Portfolio

 34.13
Custodian of the Regent Portfolio Mortgage Loan (see Exhibit 34.5)

 34.14
 Pentalpha Surveillance LLC, as Operating Advisor of
the Regent Portfolio Mortgage Loan (see Exhibit 34.6)

 34.15
Participant of the Regent Portfolio Mortgage Loan (see Exhibit 34.7)

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

 34.17
Servicer of the Marriott Monterey Mortgage Loan (see Exhibit 34.1)

 34.18
Greystone Servicing Company LLC (as successor to C-III Asset Management LLC),
as Special Servicer of the Marriott Monterey Mortgage Loan (Omitted. See
Explanatory Notes.)

 34.19
Wilmington Trust, National Association, as Trustee of the Marriott Monterey

 34.20
Citibank, N.A., as Custodian of the Marriott Monterey Mortgage Loan (Omitted.
See Explanatory Notes.)

 34.21
Park Bridge Lender Services LLC, as Operating Advisor of the Marriott Monterey

 34.22
Participant of the Marriott Monterey 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 Regent Portfolio Mortgage Loan (see Exhibit 35.1)

 35.6
 LNR Partners, LLC, as Special Servicer of the
Regent Portfolio Mortgage Loan (see Exhibit 35.2)

 35.7
Servicer of the Marriott Monterey Mortgage Loan (see Exhibit 35.1)

 35.8
Greystone Servicing Company LLC (as successor to C-III Asset Management LLC),
as Special Servicer of the Marriott Monterey Mortgage Loan (Omitted. See
Explanatory Notes.)

 99.1
Loan Purchase Agreement, dated as of May 10, 2016, between Wells Fargo
Commercial Mortgage Securities, Inc. and Wells Fargo Bank, National Association
(filed as Exhibit 99.1 to the registrant's Current Report on Form 8-K/A filed
on July 14, 2016 under Commission File No. 333-206677-05 and incorporated by
reference herein)

 99.2
Loan Purchase Agreement, dated as of May 10, 2016, between Wells Fargo Commercial
Mortgage Securities, Inc. and Natixis Real Estate Capital LLC (filed as Exhibit
99.2 to the registrant's Current Report on Form 8-K/A filed on July 14, 2016
under Commission File No. 333-206677-05 and incorporated by reference herein)

 99.3
Loan Purchase Agreement, dated as of May 10, 2016, between Wells Fargo
Commercial Mortgage Securities, Inc. and Rialto Mortgage Finance, LLC (filed as
Exhibit 99.3 to the registrant's Current Report on Form 8-K/A filed on July 14,
2016 under Commission File No. 333-206677-05 and incorporated by reference
herein)

 99.4
Loan Purchase Agreement, dated as of May 10, 2016, between Wells Fargo
Commercial Mortgage Securities, Inc. 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
14, 2016 under Commission File No. 333-206677-05 and incorporated by reference
herein)

 99.5
Loan Purchase Agreement, dated as of May 10, 2016, among Wells Fargo Commercial
Mortgage Securities, Inc., Basis Real Estate Capital II, LLC and Basis
Investment Group LLC (filed as Exhibit 99.5 to the registrant's Current Report
on Form 8-K/A filed on July 14, 2016 under Commission File No. 333-206677-05
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.

 Wells Fargo Commercial Mortgage
Securities, Inc.

(Depositor)

 /s/ Anthony
Sfarra

 Anthony
Sfarra, President

 (senior officer in charge of
securitization of the depositor)

 Date: March 12, 2024