EX-33.6 7 e336_boakoa.htm BELLOAK, LLC, AS OPERATING ADVISOR ON AND AFTER MARCH 31, 2023

 

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MANAGEMENT’S REPORT ON ASSESSMENT OF COMPLIANCE WITH SEC REGULATION AB SERVICING CRITERIA

 

1.BellOak, LLC (the “Company”, or “BellOak”) is responsible for assessing compliance with the servicing criteria applicable to it in Items 1122(d)(3)(i)(A-B) and 1122(d)(4)(vii) of the U.S. Securities and Exchange Commission’s Regulation AB, as of and for the year ended December 31, 2023, (the “Reporting Period”), as set forth in Appendix A hereto (the “applicable servicing criteria”). The transactions covered by this report include asset-backed securities transactions for which the Company acted as the Senior Trust Advisor, Trust Advisor, and Operating Advisor for the asset-backed securities transactions listed in Appendix B hereto (the “Platform”).

 

2.BellOak, LLC used the criteria set forth in Items 1122(d)(3)(i)(A-B) and 1122(d)(4)(vii) of paragraph (d) of Item 1122 of Regulation AB (defined in Appendix A) to provide an assertion on the Company’s assessment of compliance with the applicable servicing criteria.

 

3.BellOak, LLC has complied, in all material respects, with the applicable servicing criteria as of and for the year ended December 31, 2023, for the Platform.

 

4.Grant Thornton LLP, an independent registered public accounting firm, has issued an attestation report on the Company’s assertion on compliance with the applicable servicing criteria for the Reporting Period.

 

BellOak, LLC

February 19, 2024  

 

/s/ Dennis Grzeskowiak

 

 

Dennis Grzeskowiak, Principal of BellOak, LLC

 

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Appendix A – Applicable Servicing Criteria

 

SERVICING CRITERIA
Reference Criteria
Item 1122(d)(3)(i)(A-B) Reports to investors, including those to be filed with the Commission, are maintained in accordance with the transaction agreements and applicable Commission requirements. Specifically, such reports: (A) Are prepared in accordance with timeframes and other terms set forth in the transaction agreements; (B) Provide information calculated in accordance with the terms specified in the transaction agreements.
Item 1122(d)(4)(vii) Loss mitigation or recovery actions (e.g. forbearance plans, modifications and deeds in lieu of foreclosure, foreclosure and repossessions, as applicable) are initiated, conducted and concluded in accordance with the timeframes or other requirements established by the transaction agreements.

 

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Appendix B – The Platform

 

BellOak, LLC was named as the Senior Trust Advisor, Trust Advisor and Operating Advisor for all portfolios listed below. However, there was only activity requiring BellOak, LLC to perform the role of Senior Trust Advisor, Trust Advisor, and Operating Advisor for the portfolios designated with a “X” throughout the period in scope listed below.

 

Portfolio Name 

Service Agreement Date 

Period in Scope 

Senior Trust Advisor, Trust Advisor, and Operating Advisor activity required as of and for the year ended December 31, 2023
245 Park Avenue
Trust 2017-245P
May 30, 2017 1/1/2023 to 12/31/2023  
WFCM 2017-C41 November 1, 2017 1/1/2023 to 12/31/2023  
WFCMT 2017-C39 August 1, 2017 1/1/2023 to 12/31/2023  
CGCMT 2017-B1 August 1, 2017 1/1/2023 to 12/31/2023  
MSC 2017-H1 June 1, 2017 1/1/2023 to 12/31/2023  
WFCM 2017-RB1 March 1, 2017 1/1/2023 to 12/31/2023  
WFCM 2016-C37 December 1, 2016 1/1/2023 to 12/31/2023  
WFCM 2016-NXS6 October 1, 2016 1/1/2023 to 12/31/2023  
WFCM 2016-LC24 September 1, 2016 1/1/2023 to 12/31/2023  
WFCM 2015-C31 November 1, 2015 1/1/2023 to 12/31/2023  
WFCM 2015-SG1 August 1, 2015 1/1/2023 to 12/31/2023 X
WFCM 2015-C29 June 1, 2015 1/1/2023 to 12/31/2023  
GSMS 2015-GC30 May 1, 2015 1/1/2023 to 12/31/2023  
WFCM 2015-NXS1 April 1, 2015 1/1/2023 to 12/31/2023 X
WFRBS 2014-C25 December 1, 2014 1/1/2023 to 12/31/2023  
WFRBS 2014-C23 September 1, 2014 1/1/2023 to 12/31/2023  
WFRBS 2014-C21 August 1, 2014 1/1/2023 to 12/31/2023  
GSMS 2013-GC10 February 1, 2013 3/31/2023 to 12/31/2023  
GSMS 2013-GC13 May 1, 2013 3/31/2023 to 12/31/2023  
GSMS 2014-GC20 April 1, 2014 3/31/2023 to 12/31/2023 X

 

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Portfolio Name

Service Agreement Date

Period in Scope

Senior Trust Advisor, Trust Advisor, and Operating Advisor activity required as of and for the year ended December 31, 2023
MSBAM 2013-C12 October 1, 2013 3/31/2023 to 12/31/2023  
WFRBS 2013-C13 May 1, 2013 3/31/2023 to 12/31/2023  
WFRBS 2013-C15 August 1, 2013 3/31/2023 to 12/31/2023 X
WFRBS 2013-C17 October 1, 2013 3/31/2023 to 12/31/2023  
WFRBS 2014-C19 March 1, 2014 3/31/2023 to 12/31/2023  
CGCMT 2014-GC23 August 1, 2014 3/31/2023 to 12/31/2023  
BMARK 2023 V2 May 1, 2023 5/1/2023 to 12/31/2023  
CRSO 2023 - BRND July 1, 2023 7/1/2023 to 12/31/2023  
BBCMS 2023 C21 October 1, 2023 10/1/2023 to 12/31/2023  
WFCM 2015 LC20 March 1, 2015 10/15/2023 to 12/31/2023  
WFRBS 2014-LC14 February 1, 2014 10/15/2023 to 12/31/2023  
WFCM 2015 C27 March 1, 2015 10/15/2023 to 12/31/2023  
CGCMT 2016 C3 November 1, 2016 10/29/2023 to 12/31/2023  
BMO 2023-5C2 November 1, 2023 11/1/2023 to 12/31/2023  
MSWF 2023-2 December 1, 2023 12/1/2023 to 12/31/2023  
DTP 2023 STE2 December 28, 2023 12/28/2023 to 12/31/2023  

 

 

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