January 28, 2026
Management’s Assertion
Report on Assessment of Compliance with Applicable Servicing Criteria
Park Bridge Lender Services LLC (the ”Asserting Party” or “PBLS”) is responsible for assessing its compliance, as of and for the calendar year ended December 31, 2025 (the “Reporting Period”), with the servicing criteria set forth in Title 17, Section 229.1122(d) of the Code of Federal Regulations.
The transactions covered by this assertion are those transactions processed by the Asserting Party in its capacity as operating advisor or trust advisor for the asset-backed securities transactions listed in Exhibit A attached hereto (the “Platform”)1.
The Asserting Party is responsible for assessing its compliance with the servicing criteria applicable to it. The Asserting Party used the criteria in paragraph (d) of Item 1122 of Regulation AB (17 C.F.R. 229.1122) to assess its compliance. The full outline of the Asserting Party’s contractually applicable servicing criteria under various securitization pooling and servicing agreements can be found in Exhibit B attached hereto. The servicing criteria listed in the column title “Inapplicable Servicing Criteria” on Exhibit B hereto are not applicable to the Asserting Party based on the activities it performs with respect to the Platform.
Based on its assessment, the Asserting Party believes that, as of and for the periods the contractual obligations existed for the Platform in the Reporting Period listed in Exhibit A, the Asserting Party has complied in all material respects with the servicing criteria listed in the column titled “Applicable Servicing Criteria” on Exhibit B hereto (the “Applicable Servicing Criteria”).
Forvis Mazars, LLP, an independent registered public accounting firm, has issued an attestation report on the assessment of compliance with the Applicable Servicing Criteria for the Reporting Period as set forth in this assertion.
Signed:
David M. Rodgers
Principal
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SERVICING CRITERIA |
APPLICABLE
SERVICING CRITERIA |
INAPPLICABLE
SERVICING
CRITERIA |
Regulation AB Reference |
Criterion |
Performed Directly by PBLS1 |
Performed by Vendor(s) for which PBLS is the Responsible Party |
Performed by subservicer(s) or vendor(s) for which PBLS is NOT the Responsible Party |
NOT performed by PBLS or by subservicer(s) or vendor(s) retained by PBLS2 |
1122(d)(4)(ix) |
Adjustments to interest rates or rates of return for pool assets with variable rates are computed based on the related pool asset documents. |
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X |
1122(d)(4)(x) |
Regarding any funds held in trust for an obligor (such as escrow accounts): (A) such funds are analyzed, in accordance with the obligor’s pool asset documents, on at least an annual basis, or such other period specified in the transaction agreements; (B) interest on such funds is paid, or credited, to obligors in accordance with applicable pool asset documents and state laws; and (C) such funds are returned to the obligor within 30 calendar days of full repayment of the related pool assets, or such other number of days specified in the transaction agreements. |
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X |
1122(d)(4)(xi) |
Payments made on behalf of an obligor (such as tax or insurance payments) are made on or before the related penalty or expiration dates, as indicated on the appropriate bills or notices for such payments, provided that such support has been received by the Servicer at least 30 calendar days prior to these dates, or such other number of days specified in the transaction agreements. |
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X |
1122(d)(4)(xii) |
Any late payment penalties in connection with any payment to be made on behalf of an obligor are paid from the Servicer’s funds and not charged to the obligor, unless the late payment was due to the obligor’s error or omission. |
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X |
1122(d)(4)(xiii) |
Disbursements made on behalf of an obligor are posted within two business days to the obligor’s records maintained by the Servicer, or such other number of days specified in the transaction agreements. |
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X |
1122(d)(4)(xiv) |
Delinquencies, charge-offs and uncollectible accounts are recognized and recorded in accordance with the transaction agreements. |
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X |
1122(d)(4)(xv) |
Any external enhancement or other support, identified in Item 1114(a)(1) through (3) or Item 1115 of Regulation AB, is maintained as set forth in the transaction agreements. |
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X |
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1The criteria in the columns “Applicable Servicing Criteria” and marked with an “X” are applicable for the Transactions unless otherwise noted. If there were no specially serviced loans under the related Transactions during the reporting period, then no trust advisor, senior trust advisor or operating advisor actions were required.
2The criteria in the columns “Inapplicable Servicing Criteria” and marked with an “X” were not within the scope of the Asserting Party’s duties in the Transactions.
3Applicable only to the Transactions listed in Table 2 below.
4Not applicable to Transactions other than the Transactions listed in Table 2 below.
Table 2
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COMM 2012-LC4 |
COMM 2012 CCRE4 |
COMM 2012-CCRE5 |
COMM 2013-CCRE7 |
COMM 2013-CCRE9 |
COMM 2013-LC6 |
COMM 2013-LC13 |
COMM 2013-CCRE11 |
MSBAM 2012-C5 |