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Grant Thornton
Report of Independent Registered Public Accounting Firm
Board of Managers
Berkadia Commercial Mortgage LLC
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We have examined management's assertion, included in the accompanying Report on Assessment of
Compliance with SEC Regulation AB Servicing Criteria as Primary Servicer ("Management's
Report"), that Berkadia Commercial Mortgage LLC (the "Company") complied with the servicing
criteria set forth in Item 1122(d) of the U.S. Securities and Exchange Commission's Regulation AB
for the Primary Servicing Platform (the "Platform") as of and for the year ended December 31, 2014,
excluding criteria 1122(d)(1)(iii), (3)(i)(C), (4)(ii), (4)(vii), and (4)(xv), which management has
determined are not applicable to the activities performed by the Company with respect to the
Platform. The Platform consists of the publicly issued asset-backed transactions and securities issued
since January 1, 2006 (effective date of Regulation AB) for which the Company is named as Primary
Servicer. Management is responsible for the Company's compliance with the servicing criteria. Our
responsibility is to express an opinion on management's assertion about the Company's compliance
with the applicable servicing criteria for the Platform based on our examination.
Our examination was conducted in accordance with the standards of the Public Company
Accounting Oversight Board (United States) and, accordingly, included examining, on a test basis,
evidence about the Company's compliance with the applicable servicing criteria for the Platform and
performing such other procedures as we considered necessary in the circumstances. Our
examination included testing selected asset-backed transactions and securities constituting the
Platform and evaluating whether the Company performed servicing activities related to those
transactions and securities in compliance with the applicable servicing criteria for the period covered
by this report. Accordingly, our testing may not have included servicing activities related to each
asset-backed transaction or security constituting the Platform. Further, our examination was not
designed to detect material noncompliance that may have occurred prior to the period covered by
this report and that may have affected the Company's servicing activities during the period covered
by this report. We believe that our examination provides a reasonable basis for our opinion. Our
examination does not provide a legal determination on the Company's compliance with the
applicable servicing criteria.
As described in Management's Report, the Company engaged various vendors to perform servicing
activities with respect to criteria 1122(d)(4)(i) and (4)(xi) through (4)(xiii). The Company determined
that each vendor is not considered a "servicer," as that term is defined in Item 1101(j) of Regulation
AB, and therefore, the Company is assuming responsibility for compliance with such servicing
criteria applicable to each vendor's servicing activities. In accordance with Regulation AB and its
related interpretations, the requirement for management to assess compliance with the servicing
criteria applicable to a vendor's activities is satisfied if the Company has instituted policies and
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procedures to monitor whether such vendor's activities comply in all material respects with such
criteria. Compliance with the applicable servicing criteria is achieved if those policies and procedures
are designed to provide reasonable assurance that such vendor's activities comply with such criteria
and those policies and procedures are operating effectively for the period covered by Management's
Report. Our examination does not provide a legal determination of whether a vendor is or is not
considered a servicer and, therefore, on whether the Company, in Management's Report, is eligible
to elect to take responsibility for assessing compliance with the servicing criteria applicable to each
vendor's servicing activities.
In our opinion, management's assertion that Berkadia Commercial Mortgage LLC complied with the
aforementioned applicable servicing criteria as of and for the year ended December 31, 2014 for the
Primary Servicing Platform is fairly stated, in all material respects.
/s/ Grant Thornton LLP
Philadelphia, Pennsylvania
February 27, 2015