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: 333-206847-04

 Central Index Key Number of the issuing entity:
0001690577

 Morgan Stanley Bank of America
Merrill Lynch Trust 2016-C32

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

 Central Index Key Number of the depositor: 0001005007

 Banc of America Merrill Lynch
Commercial Mortgage Inc.

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

 Central Index Key Number of the sponsor: 0001541557

 Morgan Stanley Mortgage Capital
Holdings LLC

 Central Index Key Number of the sponsor: 0001102113

 Bank of America, National
Association

 Central Index Key Number of the sponsor: 0001682532

 Starwood Mortgage Funding III LLC

 Central Index Key Number of the sponsor: 0001089877

 KeyBank National Association

 Central Index Key Number of the sponsor: 0001548567

 CIBC Inc.

 New York

 (State or other jurisdiction of

 incorporation or organization of

 the issuing entity)

 38-4021758

 38-4021759

 (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:

 (646) 855-3953

 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 Exhibit Index describes
exhibits provided by certain parties (in their capacities indicated on the
Exhibit Index) with respect to the Potomac Mills Mortgage Loan, which
constituted approximately 5.7% of the asset pool of the issuing entity as of
its cut-off date. The Potomac Mills Mortgage Loan is an asset of the
issuing entity and is part of a loan combination that includes the Potomac
Mills Mortgage Loan, nine other pari passu loans and ten subordinate
companion loans, which are not assets of the issuing entity. A pari passu
portion of the loan combination was securitized in the CFCRE 2016-C6 Mortgage
Trust transaction, Commission File Number 333-207567-03 (the " CFCRE 2016-C6
Transaction "). This loan combination, including the Potomac Mills Mortgage
Loan, is being serviced and administered pursuant to the pooling and servicing
agreement for the CFCRE 2016-C6 Transaction, which is incorporated by reference
as Exhibit 4.2 to this Annual Report on Form 10-K.

 The Exhibit Index describes
exhibits provided by certain parties (in their capacities indicated on the
Exhibit Index) with respect to the Hilton Hawaiian Village Mortgage Loan, which
constituted approximately 6.9% of the asset pool of the issuing entity as of
its cut-off date. The Hilton Hawaiian Village Mortgage Loan is an asset
of the issuing entity and is part of a loan combination that includes the
Hilton Hawaiian Village Mortgage Loan, fourteen other pari passu loans
and five subordinate companion loans, which are not assets of the issuing
entity. A pari passu portion of the loan combination was securitized in
the Hilton USA Trust 2016-HHV transaction (the " Hilton USA Trust 2016-HHV
Transaction "). This loan combination, including the Hilton Hawaiian Village
Mortgage Loan, is being serviced and administered pursuant to the trust and
servicing agreement for the Hilton USA Trust 2016-HHV Transaction, which is
incorporated by reference as Exhibit 4.3 to this Annual Report on Form 10-K.

 The Exhibit Index describes
exhibits provided by certain parties (in their capacities indicated on the
Exhibit Index) with respect to the 191 Peachtree Mortgage Loan and the
Wolfchase Galleria Mortgage Loan, which constituted approximately 6.1% and
6.1%, respectively, of the asset pool of the issuing entity as of its cut-off
date. The 191 Peachtree Mortgage Loan and the Wolfchase Galleria 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 191 Peachtree Mortgage Loan,
two other pari passu loans, which are not assets of the issuing entity
or (b) with respect to the Wolfchase Galleria Mortgage Loan, five other pari
passu loans, which are not assets of the issuing entity. A pari passu
portion of each loan combination was securitized in the Morgan Stanley Capital
I Trust 2016-UBS12 transaction, Commission File Number 333-206582-06 (the " MSC
2016-UBS12 Transaction "). These loan combinations, including the 191
Peachtree Mortgage Loan and the Wolfchase Galleria Mortgage Loan, are being
serviced and administered pursuant to the pooling and servicing agreement for
the MSC 2016-UBS12 Transaction, which is incorporated by reference as Exhibit
4.4 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 FedEx Ground Portfolio Mortgage Loan, which
constituted approximately 4.7% of the asset pool of the issuing entity as of
its cut-off date. The FedEx Ground Portfolio Mortgage Loan is an asset of
the issuing entity and is part of a loan combination that includes the FedEx
Ground Portfolio Mortgage Loan and three other pari passu loans, which
are not assets of the issuing entity. This loan combination, including the
FedEx Ground Portfolio Mortgage Loan, was serviced under the pooling and
servicing agreement for the CD 2016-CD2 Mortgage Trust transaction prior to the
closing of the securitization of a pari passu portion of the FedEx
Ground Portfolio loan combination in the Bank of America Merrill Lynch
Commercial Mortgage Trust 2017-BNK3 transaction, Commission File Number
333-206847-05 (the " BACM 2017-BNK3 Transaction "). After the
closing of the BACM 2017-BNK3 Transaction on February 16, 2017, this loan
combination, including the FedEx Ground Portfolio Mortgage Loan was, and will
continue to be, serviced and administered pursuant to the pooling and servicing
agreement with respect to the BACM 2017-BNK3 Transaction, which is incorporated
by reference as Exhibit 4.5 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 American Greetings HQ Mortgage Loan, which
constituted approximately 3.0% of the asset pool of the issuing entity as of
its cut-off date. The American Greetings HQ Mortgage Loan is an asset of
the issuing entity and is part of a loan combination that includes the American
Greetings HQ Mortgage Loan, two other pari passu loans and one
subordinate companion loan, which are not assets of the issuing entity. This
loan combination, including the American Greetings HQ Mortgage Loan, was
serviced under the pooling and servicing agreement for the Morgan Stanley
Capital I Trust 2016-BNK2 transaction prior to the closing of the
securitization of a pari passu portion of the American Greetings HQ loan
combination in the BANK 2017-BNK4 transaction, Commission File Number
333-206677-15 (the " BANK 2017-BNK4 Transaction "). After the
closing of the BANK 2017-BNK4 Transaction on April 19, 2017, this loan
combination, including the American Greetings HQ Mortgage Loan was, and will
continue to be, serviced and administered pursuant to the pooling and servicing
agreement with respect to the BANK 2017-BNK4 Transaction, which is incorporated
by reference as Exhibit 4.6 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 Hilton Hawaiian Village Mortgage Loan, the Potomac
Mills Mortgage Loan, the FedEx Ground Portfolio Mortgage Loan and the American
Greetings HQ 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 Hilton Hawaiian Village Mortgage Loan, the 191
Peachtree Mortgage Loan, the Wolfchase Galleria Mortgage Loan, the Potomac
Mills Mortgage Loan, the FedEx Ground Portfolio Mortgage Loan and the American
Greetings HQ 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.

 Midland Loan Services, a Division
of PNC Bank, National Association is the special servicer of the mortgage loans
serviced under the Pooling and Servicing Agreement and the primary servicer of
the Wolfchase Galleria Mortgage Loan and the 191 Peachtree Mortgage Loan. 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.

 Park Bridge Lender Services LLC is
the operating advisor of the mortgage loans serviced under the Pooling and
Servicing Agreement, the 191 Peachtree Mortgage Loan, the Wolfchase Galleria
Mortgage Loan, the Potomac Mills Mortgage Loan and the FedEx Ground Portfolio
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.

 Rialto Capital Advisors, LLC is
the special servicer of the Wolfchase Galleria Mortgage Loan, the 191 Peachtree
Mortgage Loan, the American Greetings HQ Mortgage Loan and the FedEx Ground
Portfolio Mortgage Loan. As a result, Rialto Capital Advisors, LLC is a
"servicer" as defined in Item 1108(a)(2)(iii) of Regulation AB, in the
capacities described above, because it is servicing mortgage loans that
constituted 10% or more of the assets of the issuing entity as of its cut-off
date. The assessments of compliance with applicable servicing criteria,
accountants' attestation reports and servicer compliance statements delivered
by Rialto Capital Advisors, LLC in the capacities described above are listed in
the Exhibit Index.

 Wells Fargo Bank, National
Association acts as trustee of the Wolfchase Galleria Mortgage Loan and the 191
Peachtree Mortgage Loan. Pursuant to the pooling and servicing agreement
for the MSC 2016-UBS12 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 Wolfchase Galleria Mortgage Loan and the 191 Peachtree Mortgage Loan
have delivered one or more assessments of compliance with respect to Item
1122(d)(2)(iii) of Regulation AB.

 Wilmington Trust, National
Association acts as trustee of the mortgage loans serviced under the
Pooling and Servicing Agreement, the Potomac Mills Mortgage Loan, the Hilton
Hawaiian Village Mortgage Loan, the FedEx Ground Portfolio Mortgage Loan and
the American Greetings HQ Mortgage Loan. Pursuant to the Pooling and
Servicing Agreement, the pooling and servicing agreement for the CFCRE 2016-C6
Transaction, the trust and servicing agreement for the Hilton USA Trust
2016-HHV Transaction, the pooling and servicing agreement for the BACM
2017-BNK3 Transaction and the pooling and servicing agreement for the BANK
2017-BNK4 Transaction, the trustee is required to provide an assessment of
compliance with applicable servicing criteria solely with respect to Item
1122(d)(2)(iii) of Regulation AB (regarding advances of funds or guarantees
regarding collections, cash flows or distributions, and any interest or other
fees charged for such advances, are made, reviewed and approved as specified in
the transaction agreements). However, during the reporting period, the trustee
did not perform any servicing function with respect to the servicing criteria
specified in Item 1122(d)(2)(iii) of Regulation AB. The master servicer
or the special servicer, to the extent required, performed the servicing
function identified with respect to Item 1122(d)(2)(iii) of Regulation AB, and
each such party included Item 1122(d)(2)(iii) of Regulation AB in the
assessment of compliance with applicable servicing criteria and accountant's
attestation report for the subject transaction. As a result, this Annual
Report on Form 10-K does not include an assessment of compliance with
applicable servicing criteria of the trustee. One or more other servicers
of the mortgage loans serviced under the Pooling and Servicing Agreement,
the Potomac Mills Mortgage Loan, the Hilton Hawaiian Village Mortgage Loan, the
FedEx Ground Portfolio Mortgage Loan and the American Greetings 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 assessments of compliance with applicable servicing criteria and
accountants' attestation reports from CoreLogic Solutions, LLC. This
entity was engaged by the master servicer under the Pooling and Servicing
Agreement (except with respect to those mortgage loans for which KeyBank
National Association is the primary servicer) and the primary servicer of the
Potomac Mills Mortgage Loan, the Hilton Hawaiian Village Mortgage Loan, the
FedEx Ground Portfolio Mortgage Loan and the American Greetings 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 Potomac Mills
Mortgage Loan, the Hilton Hawaiian Village Mortgage Loan, the Wolfchase
Galleria Mortgage Loan, the 191 Peachtree Mortgage Loan, the FedEx Ground Portfolio
Mortgage Loan and the American Greetings HQ Mortgage Loan are omitted from this
Annual Report on Form 10-K as the certificate administrator pursuant to the
related pooling and servicing agreement or trust and servicing agreement does
not perform any activities that address servicing criteria with respect to the
issuing entity and because they are each not a "servicer" that meets the
criteria in Item 1108(a)(2)(i) through (iii) of Regulation AB.

 With respect to the pari passu
loan combinations that include the Potomac Mills Mortgage Loan, the Hilton
Hawaiian Village Mortgage Loan and the American Greetings HQ Mortgage Loan, (i)
the report on assessment of compliance with servicing criteria and attestation
report on assessment of compliance with servicing criteria of Pentalpha
Surveillance LLC as operating advisor of the American Greetings HQ Mortgage
Loan, listed on the Exhibit Index are omitted from this Annual Report on Form
10-K as they are not required to be included on this Annual Report on Form 10-K
per Instruction 3 to Item 1122 of Regulation AB because it is a party
performing activities that address servicing criteria relating to 5% or less of
the assets of the issuing entity; and (ii) the servicer compliance statements
of Situs Holdings, LLC as special servicer of the Potomac Mills Mortgage Loan
and CWCapital Asset Management LLC as special servicer of the Hilton Hawaiian
Village Mortgage Loan, listed on the Exhibit Index are omitted from this Annual
Report on Form 10-K as they are not required by Item 1123 of Regulation AB to
be included on this Annual Report on Form 10-K because they are each an
unaffiliated party that is not a "servicer" that meets the criteria in Item
1108(a)(2)(i) through (iii) of Regulation AB.

 Item 1. Business.

 Item 1A. Risk Factors.

 Item 1B. Unresolved Staff Comments.

 None.

 Item 1C. Cybersecurity.

 Item 2. Properties.

 Item 3. Legal Proceedings.

 Item 4. Mine Safety Disclosures.

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

 Item 6.

 [Reserved]

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

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

 Item 8. Financial Statements and Supplementary Data.

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

 Item 9A. Controls and Procedures.

 Item 9B. Other Information.

 None.

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

 None.

 Item 10. Directors, Executive Officers and Corporate
Governance.

 Item 11. Executive Compensation.

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

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

 Item 14. Principal Accountant Fees and Services.

 ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB

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

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

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

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

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

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

 Item 1117 of Regulation AB, Legal Proceedings.

 The registrant knows of no material
pending legal proceeding involving the trust or any party related to the trust,
other than routine litigation incidental to the duties of those respective
parties, and the following, with respect to Wells Fargo Bank, National
Association, as trustee, 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 December 21, 2016 pursuant to Rule 424(b)(2).

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

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

assessments of compliance with respect to the Potomac Mills Mortgage Loan,
which is being serviced and administered pursuant to the pooling and servicing
agreement for the CFCRE 2016-C6 Transaction, are attached hereto under Item 15
to this Annual Report on Form 10-K. Attached as Schedule II to the pooling and
servicing agreement for the CFCRE 2016-C6 Transaction incorporated by reference
as Exhibit 4.2 to this Annual Report on Form 10-K is a chart identifying the
entities participating in a servicing function for the CFCRE 2016-C6
Transaction responsible for each applicable servicing criteria set forth in
Item 1122(d).

assessments of compliance with respect to the Hilton Hawaiian Village Mortgage
Loan, which is being serviced and administered pursuant to the trust and
servicing agreement for the Hilton USA Trust 2016-HHV 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 Hilton USA Trust 2016-HHV
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 Hilton USA Trust 2016-HHV Transaction responsible for each
applicable servicing criteria set forth in Item 1122(d).

assessments of compliance with respect to the Wolfchase Galleria Mortgage Loan
and the 191 Peachtree Mortgage Loan, which are being serviced and administered
pursuant to the pooling and servicing agreement for the MSC 2016-UBS12
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 MSC
2016-UBS12 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 MSC 2016-UBS12 Transaction responsible for each applicable
servicing criteria set forth in Item 1122(d).

assessments of compliance with respect to the FedEx Ground Portfolio Mortgage
Loan, which is being serviced and administered pursuant to the pooling and
servicing agreement for the BACM 2017-BNK3 Transaction, are attached hereto
under Item 15 to this Annual Report on Form 10-K. Attached as Exhibit Z to the
pooling and servicing agreement for the BACM 2017-BNK3 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 BACM
2017-BNK3 Transaction responsible for each applicable servicing criteria set
forth in Item 1122(d).

assessments of compliance with respect to the American Greetings HQ Mortgage
Loan, which is being serviced and administered pursuant to the pooling and
servicing agreement for the BANK 2017-BNK4 Transaction, are attached hereto
under Item 15 to this Annual Report on Form 10-K. Attached as Exhibit Z to the
pooling and servicing agreement for the BANK 2017-BNK4 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 BANK
2017-BNK4 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
and Servicing Agreement, dated as of December 1, 2016, by and among Banc of
America Merrill Lynch Commercial Mortgage Inc., 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 Park Bridge Lender Services LLC, as Operating
Advisor and as Asset Representations Reviewer (filed as Exhibit 4.1 to the
registrant's Current Report on Form 8-K filed on December 21, 2016 under

 4.2
and Servicing Agreement, dated as of November 1, 2016, by and among CCRE
Commercial Mortgage Securities, L.P., as Depositor, Wells Fargo Bank, National
Association, as Master Servicer, Rialto Capital Advisors, LLC, as Special
Servicer, AEGON USA Realty Advisors, LLC, as Potomac Mills Special Servicer, Wilmington
Trust, National Association, as Trustee, Wells Fargo Bank, National
Association, as Certificate Administrator, Paying Agent and Custodian, Park
Bridge Lender Services LLC, as Operating Advisor, and Park Bridge Lender
Services LLC, as Asset Representations Reviewer (filed as Exhibit 4.4 to the
registrant's Current Report on Form 8-K filed on December 21, 2016 under

 4.3
 Trust
and Servicing Agreement, dated as of November 28, 2016, by and among J.P.
Morgan Chase Commercial Mortgage Securities Corp., as Depositor, Wells Fargo
Bank, National Association, as Servicer, AEGON USA Realty Advisors, LLC, as
Special Servicer, Wells Fargo Bank, National Association, as Certificate
Administrator, and Wilmington Trust, National Association, as Trustee (filed as
Exhibit 4.2 to the registrant's Current Report on Form 8-K filed on December
21, 2016 under Commission File No. 333-206847-04 and incorporated by reference
herein).

 4.4
and Servicing Agreement, dated as of December 1, 2016, by and among Morgan
Stanley Capital I Inc., as Depositor, Midland Loan Services, a Division of PNC
Bank, National Association, as Master Servicer, Rialto Capital Advisors, LLC,
as Special Servicer, Wells Fargo Bank, National Association, as Certificate
Administrator and Trustee, and Park Bridge Lender Services LLC, as Operating
Advisor and Asset Representations Reviewer (filed as Exhibit 4.3 to the
registrant's Current Report on Form 8-K filed on December 21, 2016 under

 4.5
and Servicing Agreement, dated as of February 1, 2017, by and among Banc of
America Merrill Lynch Commercial Mortgage Inc., 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 Park Bridge Lender Services LLC, as Operating
Advisor and as Asset Representations Reviewer (filed as Exhibit 4.1 to the
registrant's Current Report on Form 8-K filed on February 22, 2017 under

 4.6
and Servicing Agreement, dated as of April 1, 2017, by and among Wells Fargo
Commercial Mortgage Securities, Inc., as Depositor, Wells Fargo Bank, National
Association, as Master Servicer, Rialto Capital Advisors, LLC, as Special
Servicer, Wells Fargo Bank, National Association, as Certificate Administrator,
Wilmington Trust, National Association, as Trustee and Pentalpha Surveillance
LLC, as Operating Advisor and as Asset Representations Reviewer (filed as Exhibit
4.1 to the registrant's Current Report on Form 8-K/A filed on June 15, 2017
under Commission File No. 333-206847-04 and incorporated by reference herein), as amended
by Amendment No. 1 to Pooling and Servicing Agreement, dated as of June 18,
2018, by and among Wells Fargo Commercial Mortgage Securities, Inc., as
Depositor, Wells Fargo Bank, National Association, as Master Servicer, Rialto
Capital Advisors, LLC, as Special Servicer, Wells Fargo Bank, National
Association, as Certificate Administrator, Wilmington Trust, National
Association, as Trustee, and Pentalpha Surveillance LLC, as Operating Advisor
and as Asset Representations Reviewer (filed as Exhibit 4.1 to the registrant's
Current Report on Form 8-K filed on June 21, 2018 under Commission File No.
333-206847-04 and incorporated by reference herein).

 4.7
 Agreement
Between Noteholders, dated as of November 17, 2016, by and between Soci t
G n rale, as Initial Note A-1 Holder, Initial A-2 Holder, Initial A-3 Holder,
Initial B-1 Holder, Initial B-2 Holder and Initial B-3 Holder, Bank of America,
N.A., as Initial Note A-4 Holder, Initial A-5 Holder, Initial B-4 Holder and
Initial B-5 Holder, Cantor Commercial Real Estate Lending, L.P., as Initial
Note A-6 Holder, Initial Note A-7 Holder, Initial Note A-8 Holder, Initial B-6
Holder, Initial B-7 Holder and Initial B-8 Holder, and Barclays Bank PLC, as
Initial Note A-9 Holder, Initial Note A-10 Holder, Initial B-9 Holder and
Initial B-10 Holder (filed as Exhibit 4.10 to the registrant's Current Report
on Form 8-K filed on December 21, 2016 under Commission File No. 333-206847-04
and incorporated by reference herein).

 4.8
 Co-Lender
Agreement, dated as of November 28, 2016, by and among JPMorgan Chase Bank,
National Association, Deutsche Bank, AG, New York Branch, Goldman Sachs
Mortgage Company, Barclays Bank PLC, Morgan Stanley Bank, N.A. and Cantor
Commercial Real Estate Lending, L.P. (filed as Exhibit 4.7 to the registrant's
Current Report on Form 8-K filed on December 21, 2016 under Commission File No.
333-206847-04 and incorporated by reference herein).

 4.9
 Agreement
Between Note Holders, dated as of December 5, 2016, by and between Morgan
Stanley Bank, N.A., as Initial Note A-1 Holder, Morgan Stanley Bank, N.A., as
Initial Note A-2 Holder, Morgan Stanley Bank, N.A., as Initial Note A-3 Holder,
and Morgan Stanley Bank, N.A., as Initial Note A-4 Holder (filed as Exhibit 4.8
to the registrant's Current Report on Form 8-K filed on December 21, 2016 under

 4.10 Agreement
Between Note Holders, dated as of December 7, 2016, by and between Morgan
Stanley Bank, N.A., as Initial Note A-1-1 Holder, Initial Note A-1-2 Holder and
Initial Note A-2 Holder, and UBS AG, by and through its branch office at 1285
Avenue of the Americas, New York, New York, as Initial Note A-3 Holder, Initial
Note A-4 Holder, Initial Note A-5 Holder, Initial Note A-6 Holder and Initial
Note A-7 Holder (filed as Exhibit 4.9 to the registrant's Current Report on
Form 8-K filed on December 21, 2016 under Commission File No. 333-206847-04 and
incorporated by reference herein).

 4.11 Agreement
Between Note Holders, dated as of November 1, 2016, by and among Bank of
America, N.A., as Initial Note A-1 Holder, Citigroup Global Markets Realty
Corp., as Initial Note A-2 Holder, Bank of America, N.A., as Initial Note A-3
Holder, and Citigroup Global Markets Realty Corp., as Initial Note A-4 Holder (filed
as Exhibit 4.11 to the registrant's Current Report on Form 8-K filed on
December 21, 2016 under Commission File No. 333-206847-04 and incorporated by
reference herein).

 4.12 Agreement
Between Note Holders, dated as of October 27, 2016, by and between Bank of
America, N.A., as Initial Note A-1-1 Holder, Bank of America, N.A., as Initial
Note A-1-2 Holder, and Bank of America, N.A., as Initial Note A-2 Holder (filed
as Exhibit 4.12 to the registrant's Current Report on Form 8-K filed on
December 21, 2016 under Commission File No. 333-206847-04 and incorporated by
reference herein).

 4.13 Primary
Servicing Agreement, dated as of December 1, 2016, between Wells Fargo Bank,
National Association and KeyBank National Association (filed as Exhibit 4.13 to
the registrant's Current Report on Form 8-K filed on December 21, 2016 under

 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
National Association, as Special Servicer

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

 33.4
Certificate Administrator

 33.5
Custodian

 33.6
Advisor

 33.7
Participant

 33.8
as Servicing Function Participant for the Certificate Administrator

 33.9
as Servicing Function Participant for the Custodian

 33.10
 KeyBank National Association, as Primary Servicer

 33.11
Servicer of the Potomac Mills Mortgage Loan (see Exhibit 33.1)

 33.12
 Situs Holdings, LLC, as Special Servicer of the
Potomac Mills Mortgage Loan

 33.13
Wilmington Trust, National Association, as Trustee of the Potomac Mills

 33.14
Custodian of the Potomac Mills Mortgage Loan (see Exhibit 33.5)

 33.15
Advisor of the Potomac Mills Mortgage Loan (see Exhibit 33.6)

 33.16
Participant of the Potomac Mills Mortgage Loan (see Exhibit 33.7)

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

 33.18
Servicer of the Hilton Hawaiian Village Mortgage Loan (see Exhibit 33.1)

 33.19
 CWCapital Asset Management LLC, as Special
Servicer of the Hilton Hawaiian Village Mortgage Loan

 33.20
Wilmington Trust, National Association, as Trustee of the Hilton Hawaiian
Village Mortgage Loan (Omitted. See Explanatory Notes.)

 33.21
Custodian of the Hilton Hawaiian Village Mortgage Loan (see Exhibit 33.5)

 33.22
Participant of the Hilton Hawaiian Village Mortgage Loan (see Exhibit 33.7)

 33.23

 33.24
National Association, as Primary Servicer of the 191 Peachtree Mortgage Loan
(see Exhibit 33.2)

 33.25
of the 191 Peachtree Mortgage Loan

 33.26
Wells Fargo Bank, National Association, as Trustee of the 191 Peachtree

 33.27
Custodian of the 191 Peachtree Mortgage Loan (see Exhibit 33.5)

 33.28
Advisor of the 191 Peachtree Mortgage Loan (see Exhibit 33.6)

 33.29

 33.30
 Midland Loan Services, a Division of PNC Bank, National
Association, as Primary Servicer of the Wolfchase Galleria Mortgage Loan (see
Exhibit 33.2)

 33.31
of the Wolfchase Galleria Mortgage Loan (see Exhibit 33.25)

 33.32
Wells Fargo Bank, National Association, as Trustee of the Wolfchase Galleria

 33.33
Custodian of the Wolfchase Galleria Mortgage Loan (see Exhibit 33.5)

 33.34
Advisor of the Wolfchase Galleria Mortgage Loan (see Exhibit 33.6)

 33.35

 33.36
Servicer of the FedEx Ground Portfolio Mortgage Loan (see Exhibit 33.1)

 33.37
of the FedEx Ground Portfolio Mortgage Loan (see Exhibit 33.25)

 33.38
Wilmington Trust, National Association, as Trustee of the FedEx Ground
Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)

 33.39
Custodian of the FedEx Ground Portfolio Mortgage Loan (see Exhibit 33.5)

 33.40
Advisor of the FedEx Ground Portfolio Mortgage Loan (see Exhibit 33.6)

 33.41
Participant of the FedEx Ground Portfolio Mortgage Loan (see Exhibit 33.7)

 33.42

 33.43
Servicer of the American Greetings HQ Mortgage Loan (see Exhibit 33.1)

 33.44
of the American Greetings HQ Mortgage Loan (see Exhibit 33.25)

 33.45
Wilmington Trust, National Association, as Trustee of the American Greetings HQ

 33.46
Custodian of the American Greetings HQ Mortgage Loan (see Exhibit 33.5)

 33.47
Pentalpha Surveillance LLC, as Operating Advisor of the American Greetings HQ

 33.48
Participant of the American Greetings HQ Mortgage Loan (see Exhibit 33.7)

 33.49

 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
National Association, as Special Servicer

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

 34.4
Certificate Administrator

 34.5
Custodian

 34.6
Advisor

 34.7
Participant

 34.8
as Servicing Function Participant for the Certificate Administrator

 34.9
as Servicing Function Participant for the Custodian

 34.10
 KeyBank National Association, as Primary Servicer

 34.11
Servicer of the Potomac Mills Mortgage Loan (see Exhibit 34.1)

 34.12
 Situs Holdings, LLC, as Special Servicer of the
Potomac Mills Mortgage Loan

 34.13
Wilmington Trust, National Association, as Trustee of the Potomac Mills

 34.14
Custodian of the Potomac Mills Mortgage Loan (see Exhibit 34.5)

 34.15
Advisor of the Potomac Mills Mortgage Loan (see Exhibit 34.6)

 34.16
Participant of the Potomac Mills Mortgage Loan (see Exhibit 34.7)

 34.17

 34.18
Servicer of the Hilton Hawaiian Village Mortgage Loan (see Exhibit 34.1)

 34.19
 CWCapital Asset Management LLC, as Special
Servicer of the Hilton Hawaiian Village Mortgage Loan

 34.20
Wilmington Trust, National Association, as Trustee of the Hilton Hawaiian
Village Mortgage Loan (Omitted. See Explanatory Notes.)

 34.21
Custodian of the Hilton Hawaiian Village Mortgage Loan (see Exhibit 34.5)

 34.22
Participant of the Hilton Hawaiian Village Mortgage Loan (see Exhibit 34.7)

 34.23

 34.24
National Association, as Primary Servicer of the 191 Peachtree Mortgage Loan
(see Exhibit 34.2)

 34.25
of the 191 Peachtree Mortgage Loan

 34.26
Wells Fargo Bank, National Association, as Trustee of the 191 Peachtree

 34.27
Custodian of the 191 Peachtree Mortgage Loan (see Exhibit 34.5)

 34.28
Advisor of the 191 Peachtree Mortgage Loan (see Exhibit 34.6)

 34.29

 34.30
National Association, as Primary Servicer of the Wolfchase Galleria Mortgage
Loan (see Exhibit 34.2)

 34.31
of the Wolfchase Galleria Mortgage Loan (see Exhibit 34.25)

 34.32
Wells Fargo Bank, National Association, as Trustee of the Wolfchase Galleria

 34.33
Custodian of the Wolfchase Galleria Mortgage Loan (see Exhibit 34.5)

 34.34
Advisor of the Wolfchase Galleria Mortgage Loan (see Exhibit 34.6)

 34.35

 34.36
Servicer of the FedEx Ground Portfolio Mortgage Loan (see Exhibit 34.1)

 34.37
of the FedEx Ground Portfolio Mortgage Loan (see Exhibit 34.25)

 34.38
Wilmington Trust, National Association, as Trustee of the FedEx Ground
Portfolio Mortgage Loan (Omitted. See Explanatory Notes.)

 34.39
Custodian of the FedEx Ground Portfolio Mortgage Loan (see Exhibit 34.5)

 34.40
Advisor of the FedEx Ground Portfolio Mortgage Loan (see Exhibit 34.6)

 34.41
Participant of the FedEx Ground Portfolio Mortgage Loan (see Exhibit 34.7)

 34.42

 34.43
Servicer of the American Greetings HQ Mortgage Loan (see Exhibit 34.1)

 34.44
of the American Greetings HQ Mortgage Loan (see Exhibit 34.25)

 34.45
Wilmington Trust, National Association, as Trustee of the American Greetings HQ

 34.46
 Wells Fargo Bank, National Association, as Custodian
of the American Greetings HQ Mortgage Loan (see Exhibit 34.5)

 34.47
Pentalpha Surveillance LLC, as Operating Advisor of the American Greetings HQ

 34.48
Participant of the American Greetings HQ Mortgage Loan (see Exhibit 34.7)

 34.49

Servicer compliance statements.

 35.1
 Wells Fargo Bank, National Association, as Master
Servicer

 35.2
National Association, as Special Servicer

 35.3
Certificate Administrator

 35.4
as Servicing Function Participant for the Certificate Administrator

 35.5
 KeyBank National Association, as Primary Servicer

 35.6
Servicer of the Potomac Mills Mortgage Loan (see Exhibit 35.1)

 35.7
Situs Holdings, LLC, as Special Servicer of the Potomac Mills Mortgage Loan
(Omitted. See Explanatory Notes.)

 35.8
Servicer of the Hilton Hawaiian Village Mortgage Loan (see Exhibit 35.1)

 35.9
CWCapital Asset Management LLC, as Special Servicer of the Hilton Hawaiian
Village Mortgage Loan (Omitted. See Explanatory Notes.)

 35.10
National Association, as Primary Servicer of the 191 Peachtree Mortgage Loan
(see Exhibit 35.2)

 35.11
of the 191 Peachtree Mortgage Loan

 35.12
National Association, as Primary Servicer of the Wolfchase Galleria Mortgage
Loan (see Exhibit 35.2)

 35.13
of the Wolfchase Galleria Mortgage Loan (see Exhibit 35.11)

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

 35.15
of the FedEx Ground Portfolio Mortgage Loan (see Exhibit 35.11)

 35.16
Servicer of the American Greetings HQ Mortgage Loan (see Exhibit 35.1)

 35.17
of the American Greetings HQ Mortgage Loan (see Exhibit 35.11)

 99.1 Mortgage
Merrill Lynch Commercial Mortgage Inc. and Morgan Stanley Mortgage Capital
Holdings LLC (filed as Exhibit 99.1 to the registrant's Current Report on Form
8-K filed on December 21, 2016 under Commission File No. 333-206847-04 and
incorporated by reference herein).

 99.2 Mortgage
Merrill Lynch Commercial Mortgage Inc. and Bank of America, National
Association (filed as Exhibit 99.2 to the registrant's Current Report on Form
8-K filed on December 21, 2016 under Commission File No. 333-206847-04 and
incorporated by reference herein).

 99.3 Mortgage
Merrill Lynch Commercial Mortgage Inc., Starwood Mortgage Funding III LLC and
Starwood Mortgage Capital LLC (filed as Exhibit 99.3 to the registrant's
Current Report on Form 8-K filed on December 21, 2016 under Commission File No.
333-206847-04 and incorporated by reference herein).

 99.4 Mortgage
Merrill Lynch Commercial Mortgage Inc. and KeyBank National Association (filed
as Exhibit 99.4 to the registrant's Current Report on Form 8-K filed on
December 21, 2016 under Commission File No. 333-206847-04 and incorporated by
reference herein).

 99.5 Mortgage
Merrill Lynch Commercial Mortgage Inc. and CIBC Inc. (filed as Exhibit 99.5 to
the registrant's Current Report on Form 8-K filed on December 21, 2016 under

 (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.

 Banc of America Merrill Lynch
Commercial Mortgage Inc.

(Depositor)

 /s/ Leland F. Bunch, III

 Leland F.
Bunch, III, President and Chief Executive Officer

 (senior officer in charge of
securitization of the depositor)

 Date: March 8, 2024