Morgan Stanley Bank of America Merrill Lynch Trust 2014-C16 - FORM 10-K - EX-34 - 34.5 SITUS HOLDINGS, LLC, AS OPERATING ADVISOR - March 31, 2017

Attached files

file filename
10-K - MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST 2014-C16 FORM 10K MAR 2017 - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C16msc2014c16_10k_32017.htm
EX-35 - 35.13 WELLS FARGO BANK, NATIONAL ASSOCIATION, AS CUSTODIAN UNDER THE MSBAM 2014- - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1635_13_welf_cus16_msc2014c16.htm
EX-35 - 35.12 WELLS FARGO BANK, NATIONAL ASSOCIATION, AS CUSTODIAN UNDER THE COMM 2014-U - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1635_12_welf_cus18_msc2014c16.htm
EX-35 - 35.11 WELLS FARGO BANK, NATIONAL ASSOCIATION, AS CUSTODIAN UNDER THE MSBAM 2014- - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1635_11_welf_cus15_msc2014c16.htm
EX-35 - 35.10 RIALTO CAPITAL ADVISORS, LLC, AS SPECIAL SERVICER UNDER THE MSBAM 2014-C17 - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1635_10_rial_ss16_msc2014c16.htm
EX-35 - 35.9 RIALTO CAPITAL ADVISORS, LLC, AS SPECIAL SERVICER UNDER THE COMM 2014-UBS5 - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1635_9_rial_ss18_msc2014c16.htm
EX-35 - 35.8 MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION, AS SPE - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1635_8_midl_ss15_msc2014c16.htm
EX-35 - 35.7 WELLS FARGO BANK, NATIONAL ASSOCIATION, AS MASTER SERVICER UNDER THE MSBAM - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1635_7_welf_ms16_msc2014c16.htm
EX-35 - 35.6 WELLS FARGO BANK, NATIONAL ASSOCIATION, AS MASTER SERVICER UNDER THE COMM 2 - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1635_6_welf_ms18_msc2014c16.htm
EX-35 - 35.5 WELLS FARGO BANK, NATIONAL ASSOCIATION, AS MASTER SERVICER UNDER THE MSBAM - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1635_5_welf_ms15_msc2014c16.htm
EX-35 - 35.4 LNR PARTNERS, LLC, AS SPECIAL SERVICER - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1635_4_lnr_ss_msc2014c16.htm
EX-35 - 35.3 WELLS FARGO BANK, NATIONAL ASSOCIATION, AS MASTER SERVICER - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1635_3_welf_ms_msc2014c16.htm
EX-35 - 35.2 U.S. BANK NATIONAL ASSOCIATION, AS CUSTODIAN - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1635_2_usba_cus_msc2014c16.htm
EX-35 - 35.1 U.S. BANK NATIONAL ASSOCIATION, AS CERTIFICATE ADMINISTRATOR - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1635_1_usba_ca_msc2014c16.htm
EX-34 - 34.20 WELLS FARGO BANK, NATIONAL ASSOCIATION, AS CUSTODIAN UNDER THE MSBAM 2014- - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1634_20_welf_cus15.htm
EX-34 - 34.18 RIALTO CAPITAL ADVISORS, LLC, AS SPECIAL SERVICER UNDER THE COMM 2014-UBS5 - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1634_18_rial_ss18.htm
EX-34 - 34.17 MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION, AS SP - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1634_17_midl_ss15.htm
EX-34 - 34.7 NATIONAL TAX SEARCH, LLC, AS SERVICING FUNCTION PARTICIPANT - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1634_7_nts_sfp.htm
EX-34 - 34.6 CORELOGIC COMMERCIAL REAL ESTATE SERVICES, INC., AS SERVICING FUNCTION PART - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1634_6_corl_sfp.htm
EX-34 - 34.4 LNR PARTNERS, LLC, AS SPECIAL SERVICER - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1634_4_lnr_ss.htm
EX-34 - 34.3 WELLS FARGO BANK, NATIONAL ASSOCIATION, AS MASTER SERVICER - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1634_3_welf_ms.htm
EX-34 - 34.1 U.S. BANK NATIONAL ASSOCIATION, AS CERTIFICATE ADMINISTRATOR - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1634_1_usba_cac.htm
EX-33 - 33.20 WELLS FARGO BANK, NATIONAL ASSOCIATION, AS CUSTODIAN UNDER THE MSBAM 2014- - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1633_20_welf_cus15.htm
EX-33 - 33.18 RIALTO CAPITAL ADVISORS, LLC, AS SPECIAL SERVICER UNDER THE COMM 2014-UBS5 - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1633_18_rial_ss18.htm
EX-33 - 33.17 MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION, AS SP - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1633_17_midl_ss15.htm
EX-33 - 33.7 NATIONAL TAX SEARCH, LLC, AS SERVICING FUNCTION PARTICIPANT - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1633_7_nts_sfp.htm
EX-33 - 33.6 CORELOGIC COMMERCIAL REAL ESTATE SERVICES, INC., AS SERVICING FUNCTION PART - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1633_6_corl_sfp.htm
EX-33 - 33.5 SITUS HOLDINGS, LLC, AS OPERATING ADVISOR - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1633_5_situ_ta.htm
EX-33 - 33.4 LNR PARTNERS, LLC, AS SPECIAL SERVICER - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1633_4_lnr_ss.htm
EX-33 - 33.3 WELLS FARGO BANK, NATIONAL ASSOCIATION, AS MASTER SERVICER - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1633_3_welf_ms.htm
EX-33 - 33.1 U.S. BANK NATIONAL ASSOCIATION, AS CERTIFICATE ADMINISTRATOR - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1633_1_usba_cac.htm
EX-31 - 31 RULE 13A-14(D)/15D-14(D) CERTIFICATIONS. - Morgan Stanley Bank of America Merrill Lynch Trust 2014-C1631_1_msc2014c16.htm

 

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Report of Independent Registered Public Accounting Firm

 

  Audit • Tax • Advisory
Grant Thornton LLP
1201 Walnut St, Suite 2200
Kansas City, Missouri 64106
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Board of Directors

Situs Holdings, LLC

 

We have examined management’s assertion, included in the accompanying Certification Regarding Compliance with Applicable Servicing Criteria (“Management’s Assertion”), that Situs Holdings, LLC (the “Company”) complied with servicing criteria set forth in Items 1117, 1119, 1122(d)(3)(i) and 1122(d)(4)(vii) of the U.S. Securities and Exchange Commission’s Regulation AB for the Operating or Trust Advisor Services Platform (the “Platform) as of and for the year ended December 31, 2016. The platform consists of asset-backed transactions and securities defined by management in Appendix B of Management’s report. Management is responsible for the Company’s compliance with the applicable 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.

 

In our opinion, management’s assertion that Situs Holdings, LLC complied with the aforementioned applicable servicing criteria as of and for the year ended December 31, 2016, for the Platform is fairly stated, in all material respects.

 

/s/ Grant Thornton LLP  
Kansas City, Missouri
February 28, 2017