Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25 - FORM 10-K - EX-34.4 - PENTALPHA SURVEILLANCE LLC, AS TRUST ADVISOR - March 18, 2021

Attached files

file filename
10-K - ANNUAL REPORT - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25msbam2015c25-10k_32021.htm
EX-35.3 - U.S. BANK NATIONAL ASSOCIATION, AS CERTIFICATE ADMINISTRATOR - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e353_usbacamsbam2015c25.htm
EX-35.2 - MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION, AS SPECIAL - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e352_midlssmsbam2015c25.htm
EX-35.1 - WELLS FARGO BANK, NATIONAL ASSOCIATION, AS MASTER SERVICER - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e351_welfmsmsbam2015c25.htm
EX-34.27 - RIALTO CAPITAL ADVISORS, LLC, AS SPECIAL SERVICER OF THE ROOSEVELT NEW ORLEANS W - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e3427_rialss32.htm
EX-34.23 - PARK BRIDGE LENDER SERVICES LLC, AS TRUST ADVISOR OF THE COASTAL EQUITIES RETAIL - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e3423_parbta31.htm
EX-34.22 - WELLS FARGO BANK, NATIONAL ASSOCIATION, AS CUSTODIAN OF THE COASTAL EQUITIES RET - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e3422_welfcus31.htm
EX-34.6 - NATIONAL TAX SEARCH, LLC, AS SERVICING FUNCTION PARTICIPANT - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e346_ntssfp.htm
EX-34.5 - CORELOGIC COMMERCIAL REAL ESTATE SERVICES, INC., AS SERVICING FUNCTION PARTICIPA - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e345_corlsfp.htm
EX-34.3 - U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE, CERTIFICATE ADMINISTRATOR AND CUSTOD - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e343_usbatcac.htm
EX-34.2 - MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION, AS SPECIAL - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e342_midlss.htm
EX-34.1 - WELLS FARGO BANK, NATIONAL ASSOCIATION, AS MASTER SERVICER - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e341_welfms.htm
EX-33.27 - RIALTO CAPITAL ADVISORS, LLC, AS SPECIAL SERVICER OF THE ROOSEVELT NEW ORLEANS W - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e3327_rialss32.htm
EX-33.23 - PARK BRIDGE LENDER SERVICES LLC, AS TRUST ADVISOR OF THE COASTAL EQUITIES RETAIL - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e3323_parbta31.htm
EX-33.22 - WELLS FARGO BANK, NATIONAL ASSOCIATION, AS CUSTODIAN OF THE COASTAL EQUITIES RET - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e3322_welfcus31.htm
EX-33.6 - NATIONAL TAX SEARCH, LLC, AS SERVICING FUNCTION PARTICIPANT - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e336_ntssfp.htm
EX-33.5 - CORELOGIC COMMERCIAL REAL ESTATE SERVICES, INC., AS SERVICING FUNCTION PARTICIPA - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e335_corlsfp.htm
EX-33.4 - PENTALPHA SURVEILLANCE LLC, AS TRUST ADVISOR - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e334_pentta.htm
EX-33.3 - U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE, CERTIFICATE ADMINISTRATOR AND CUSTOD - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e333_usbatcac.htm
EX-33.2 - MIDLAND LOAN SERVICES, A DIVISION OF PNC BANK, NATIONAL ASSOCIATION, AS SPECIAL - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e332_midlss.htm
EX-33.1 - WELLS FARGO BANK, NATIONAL ASSOCIATION, AS MASTER SERVICER - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e331_welfms.htm
EX-31.1 - RULE 15(D) - 14(D) CERTIFICATION - Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25e311_msbam2015c25.htm

 

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RSM US LLP

 

Report of Independent Registered Public Accounting Firm

 

To the Board of Directors
PentAlpha Surveillance, LLC

 

We have examined management’s assertion, included in the accompanying Management’s Report on Assessment of 2020 Compliance by PentAlpha Surveillance, LLC with Applicable Regulation AB Servicing Criteria (Management’s Assertion), that PentAlpha Surveillance, LLC (the Company) complied with the servicing criteria set forth in Item 1122(d) of the Securities and Exchange Commission’s Regulation AB for services by the Company that are encompassed by contractual obligations to perform Regulation AB reporting (Platforms A and B), including only those asset-backed securities transactions defined below, as of and for the year ended December 31, 2020, excluding the following servicing criteria set forth in Items 1122(d)(1)(i-v), 1122(d)(2)(i-vii), 1122(d)(3)(ii-iv), 1122(d)(4)(i-vi) and 1122(d)(4)(viii-xv) for Platform A, and servicing criteria 1122(d)(1)(i-v), 1122(d)(2)(i-vii), 1122(d)(3)(i)(C-D), 1122(d)(3)(ii-iv), 1122(d)(4)(i-vi) and 1122(d)(4)(viii-xv) for Platform B, which management has determined are not applicable to the activities performed by the Company with respect to the Platforms covered by this report. Appendix B to Management’s Assertion identifies the individual asset-backed transactions defined by management as constituting Platforms A and B. 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 based on our examination.

 

Our examination was conducted in accordance with attestation 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, including tests on a sample basis of the servicing activities related to Platforms A and B, determining whether the Company performed those activities in compliance with the servicing criteria during the specified period and performing such other procedures as we considered necessary in the circumstances. Our procedures were limited to selected servicing activities performed by the Company during the period covered by this report and, accordingly, such samples may not have included servicing activities related to each asset-backed transaction in Platforms A and B. Further, an examination is not designed to detect noncompliance arising from errors that may have occurred prior to the period specified above that may have affected the balances or amounts calculated or reported by the Company 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 servicing criteria.

 

In our opinion, management’s assertion that PentAlpha Surveillance, LLC complied with the aforementioned applicable servicing criteria as of and for the year ended December 31, 2020, for Platforms A and B is fairly stated, in all material respects.

 

/s/ RSM US LLP

 

Los Angeles, California
February 26, 2021

 

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