UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

________________

FORM 8-K

CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

~~Pursuant~~March to1, ~~Section~~2025 13Date orof 15Report (d)Date of ~~the~~earliest event reported)

~~Securities~~Commission ~~Exchange~~File ~~Act~~Number of ~~1934~~Issuing entity: 333-180779-09

~~Date~~Central ofIndex ~~report~~Key ~~(Date~~Number of ~~earliest~~issuing ~~event reported)~~entity: ~~August 16, 2024~~0001606442

~~Central~~Morgan ~~Index~~Stanley ~~Key~~Bank ~~Number~~ of ~~the~~America Merrill Lynch Trust 2014-C16 (Exact name of issuing entity~~: 0001606442~~ as specified in its charter)

~~Morgan~~Commission ~~Stanley~~File ~~Bank~~Number of ~~America~~depositor: ~~Merrill Lynch Trust 2014~~333-~~C16~~180779

~~(Exact~~Central ~~name~~Index Key Number of ~~Issuing~~depositor: ~~Entity)~~0001547361

~~Central~~MORGAN ~~Index~~STANLEY ~~Key~~CAPITAL ~~Number~~I INC. (Exact name of ~~the~~depositor ~~Registrant:~~as ~~0001547361~~specified in its charter)

Morgan Stanley Capital I Inc.

Central Index Key Number of sponsor:					0001541557
					0001102113
					0001548567

Morgan Stanley Mortgage Capital Holdings LLC Bank of America, National Association CIBC Inc. (Exact ~~Name~~name of ~~Registrant~~sponsors as ~~Specified~~specified in ~~its~~their ~~Charter~~charters)

~~Central~~Jane ~~Index~~Lam ~~Key~~(212) ~~Number~~761-4000 (Name and telephone number, including area code, of the ~~sponsor:~~person ~~0001541557~~to contact in connection with this filing)

~~Morgan~~New ~~Stanley~~York ~~Mortgage~~(State ~~Capital~~or ~~Holdings~~other ~~LLC~~jurisdiction of incorporation or organization of the issuing entity)

~~Central~~47-1160146 ~~Index~~47-1173459 ~~Key~~47-1185448 ~~Number~~47-6315532 of(I.R.S. ~~the~~Employer ~~sponsor:~~Identification ~~0001102113~~No.)

~~Bank~~c/o ofU.S. ~~America,~~Bank National Association 190 S. LaSalle Street Chicago, IL (Address of principal executive offices of issuing entity)

~~Central~~60603 ~~Index~~(Zip ~~Key Number of the sponsor: 0001548567~~Code)

~~CIBC~~(312) ~~Inc.~~332-7458 (Telephone number, including area code)

Not Applicable (~~Exact~~Former ~~Names~~name, offormer ~~the~~address, ~~Sponsors~~if aschanged ~~Specified~~since inlast ~~their Charters~~report)

Delaware	333-180779-09	47-1160146 47-1173459 47-1185448 47-6315532
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

1585 Broadway, New York, New York	10036
(Address of Principal Executive Offices)	(ZIP Code)

Registrant’s telephone number, including area code: (212) 761-4000

Not applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[☐ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class	Trading Symbol(s)	Name of each exchange on which registered
None.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

2 Item 6.02 Change of Servicer or Trustee.

~~Section~~Description 6of –Trimont ~~Asset-Backed Securities~~LLC

~~Item 6~~General.02 –Trimont ~~Change~~LLC, ofa ~~Servicer~~Georgia orlimited ~~Trustee~~liability company (“Trimont”), will act as master servicer under the pooling and servicing agreement. In addition, Trimont will act as:

~~Effective~~• asMaster ~~of August 16, 2024, CWCapital Asset Management LLC (“CWCAM”), a Delaware limited liability company, will act as special~~ servicer ~~for~~of the State Farm Portfolio ~~mortgage~~ ~~loan~~pursuant ~~and~~to ~~each related pari passu and/or subordinate promissory note (collectively,~~ the ~~“State Farm Portfolio Non-Serviced Loan Combination”), which is serviced under the pooling and servicing agreement for the~~ COMM 2014-UBS5 ~~securitization~~pooling (the “COMM 2014-UBS5 PSA”), replacing Rialto Capital Advisors, LLC as special servicer for such non-serviced loan combination. CWCAM was appointed at the direction of CMBS Investment Holdings LLC, the directing holder under the COMM 2014-UBS5 PSA. As special servicer for the State Farm Portfolio Non-Serviced Loan Combination, CWCAM will be responsible for the servicing and ~~administration of the State Farm Portfolio Non-Serviced Loan Combination if it becomes specially serviced (and the~~ servicing and administration of any related REO property) and processing and performing certain reviews of material actions with respect to the State Farm Portfolio Non-Serviced Loan Combination when the State Farm Portfolio Non-Serviced Loan Combination is not specially servicedagreement. ~~Servicing of the State Farm Portfolio Non-Serviced Loan Combination will continue to be governed by the COMM 2014-UBS5 PSA.~~

~~CWCAM,~~Trimont is a ~~Delaware~~provider ~~limited~~of ~~liability~~loan ~~company~~servicing, ~~will~~ beasset ~~appointed as the special servicer under the COMM 2014-UBS5 PSA~~management, ~~and~~due ~~in such capacity~~diligence, ~~CWCAM will be responsible for the servicing~~ and ~~administration~~customized ofadvisory specially serviced mortgage loans and any related REO properties under the COMM 2014-UBS5 PSA, and will review, evaluate, process and/or provide or withhold consent as to major decisions and certain other transactions and perform certain enforcement actions relating to such mortgage loans and any related serviced companion loanssolutions. ~~CWCAM maintains a servicing office at 900 19th Street NW, 8th Floor, Washington, D.C. 20006.~~

~~CWCAM~~The ~~and~~principal ~~its~~servicing ~~affiliates~~offices of Trimont are ~~involved~~located inat ~~the management~~550 South Tryon Street, ~~investment~~Charlotte, ~~management~~North Carolina 28202 and ~~disposition~~Two ofAlliance ~~commercial~~Center, ~~real~~3560 ~~estate~~Lenox ~~assets~~Road NE, ~~which~~Suite ~~may~~2200, ~~include:~~Atlanta, Georgia 30326. Trimont also has offices in the US located in Overland Park, Kansas, New York, New York, and Dallas, Texas.

~~• special~~As of March 1, 2025 (“CMS Acquisition Closing Date”), Trimont purchased the third party servicing segment (“CMS”) of Wells Fargo Bank, National Association’s commercial mortgage servicing business (“CMS Transaction”). See “- CMS Transaction” below. As of the CMS Acquisition Closing Date, Trimont is rated (ranked) by Fitch, S&P and ~~multifamily~~ ~~real~~Morningstar ~~estate~~DBRS as a master servicer, a primary servicer and a special servicer of commercial mortgage loans; in the US. Trimont’s servicer ratings (rankings) by each of these agencies are outlined below:

• commercial real estate property management and risk management and insurance services;

US Servicer Ratings	Fitch (1)	S&P	MorningstarDBRS (3)
Primary Servicer:	CPS2	Strong	MOR CS2
Master Servicer:	CMS3+	Average (2)	MOR CS3
Special Servicer:	CSS2	Strong	MOR CS2

~~• commercial~~(1) ~~mortgage~~The primary servicer and ~~commercial real~~special ~~estate~~servicer ~~brokerage~~ratings ~~services;~~of Trimont have been placed on “Rating Watch Negative” during the integration period associated with the CMS Transaction as is consistent with Fitch’s criteria and historical practice. (2) The master servicer rating of Trimont has been placed on “Rating Watch Positive” during the integration period associated with the CMS Transaction. (3) The Morningstar/DBRS primary servicer and special servicer ratings of Trimont are designated as “Stable Trend”, and the master servicer rating has been placed on “Rating Watch Positive” during the integration period associated with the CMS Transaction.

~~• commercial~~Trimont ~~mortgage~~is ~~note~~also ~~and~~rated ~~commercial real~~‘Strong’ ~~estate~~as ~~sale~~a ~~and~~Construction ~~disposition~~Loan ~~services;~~Servicer ~~and~~by S&P in the US.

~~• investing~~Prior ~~in,~~to ~~managing,~~the ~~surveilling and~~CMS ~~acting~~Acquisition asClosing ~~special~~Date, ~~servicer~~Trimont ~~for~~had ~~commercial~~been ~~real~~primary ~~estate~~servicing ~~assets~~and ~~including~~special ~~investment~~servicing ~~grade,~~securitized and non-~~investment~~securitized ~~grade~~commercial and ~~unrated~~multifamily ~~securities issued~~loans ~~pursuant~~in toexcess ~~CRE,~~of ~~CMBS~~15 ~~and CDO transactions~~years.

~~CWCAM~~The ~~was~~following ~~organized~~table insets ~~June~~forth ~~2005~~information ~~and~~about ~~has~~Trimont’s ~~acted as~~portfolio ~~special~~of ~~servicer~~master ~~for~~or primary serviced commercial and multifamily loans (securitized and ~~other servicing transactions since 2005. CWCAM is a wholly~~non-~~owned~~securitized) ~~subsidiary of~~as ~~CW Financial Services LLC. CWCAM and its affiliates own, manage and sell assets similar in type to the assets~~ of the ~~issuing~~dates ~~entity~~indicated. Accordingly, the assets of CWCAM and its affiliates may, depending on the particular circumstances including the nature and location of such assets, compete with the mortgaged real properties for tenants, purchasers, financing and so forth. On September 1, 2010, affiliates of certain Fortress Investment Group LLC managed funds purchased all of the membership interest of CW Financial Services LLC, the sole member of CWCAM.

As of December 31, 2021, CWCAM acted as special servicer with respect to 293 domestic CMBS pools containing approximately 10,650 loans secured by properties throughout the United States with a then current unpaid balance of $211.0 billon. As of December 31, 2022, CWCAM acted as special servicer with respect to 312 domestic CMBS pools containing approximately 10,865 loans secured by properties throughout the United States with a then current unpaid balance of $214.0 billion. As of December 31, 2023, CWCAM acted as special servicer with respect to 332 domestic CMBS pools containing approximately 10,778 loans secured by properties throughout the United States with a then current unpaid balance of $217 billion. As of June 30, 2024, CWCAM acted as special servicer with respect to 332 domestic CMBS pools containing approximately 10,471 loans secured by properties throughout the United States with a then current unpaid balance of $215 billion. Those loans include commercial

Commercial and				As of 12/31/2024
Multifamily Mortgage Loans	As of 12/31/2022	As of 12/31/2023	As of 12/31/2024	(pro forma)*
By Approximate Number:	2,574	2,529	2,301	25,787
By Approximate Aggregate Unpaid Principal
Balance (in billions):	$100.4	$110.1	$114.6	$667
*Represents pro forma portfolio and includes CMS Loans (as hereinafter defined).

3 The properties securing the loans in Trimont’s servicing portfolio (including CMS Loans (as hereinafter defined)) include multifamily, office, retail, hospitality, industrial and other income producing properties.

~~mortgage~~Within this servicing portfolio (including CMS Loans), as of December 31, 2024, approximately 18,402 commercial and multifamily loans ~~secured~~with byan ~~the~~unpaid ~~same~~principal ~~types~~balance of ~~income~~approximately ~~producing~~$440.4 ~~properties as~~billion ~~those~~are ~~securing~~loans ~~the~~that ~~underlying~~back commercial mortgage-backed ~~loans~~securities or commercial real estate collateralized debt obligation securities.

~~CWCAM~~Trimont has ~~one~~operating ~~primary~~procedures ~~office~~across ~~(Washington,~~the ~~D.C.) and~~various ~~provides special~~ servicing ~~activities~~functions ~~for~~to ~~investments~~maintain incompliance ~~various~~with ~~markets~~its ~~throughout~~servicing ~~the~~obligations ~~United~~and ~~States.~~servicing Asstandards ofunder ~~June~~Trimont’s ~~30, 2024, CWCAM had 49 employees responsible for the special~~ servicing ~~of commercial real estate assets~~agreements. AsThe ofonly ~~June~~significant ~~30,~~changes ~~2024,~~in ~~within~~Trimont’s ~~the~~policies ~~CMBS~~and ~~pools~~procedures ~~described in~~over the ~~preceding~~past ~~paragraph,~~three ~~148~~years ~~assets~~have ~~were~~come ~~actually~~ in ~~special~~response ~~servicing.~~to ~~The~~changes ~~assets~~in ~~owned,~~federal ~~serviced~~ or ~~managed~~state bylaw ~~CWCAM~~or ~~and~~investor ~~its~~requirements. ~~affiliates may,~~Trimont ~~depending~~expects onto ~~the~~incorporate ~~particular~~CMS ~~circumstances,~~policies ~~including the nature~~ and ~~location~~procedures ofinto ~~such~~its ~~assets,~~best ~~compete~~practices ~~with the mortgaged real properties securing the underlying mortgage loans~~ for ~~tenants,~~servicing ~~purchasers,~~CMS ~~financing~~Loans and sonewly ~~forth.~~originated ~~CWCAM does not service or manage any assets other than~~ commercial and multifamily ~~real estate assets~~loans.

~~CWCAM~~Trimont’s ~~has~~servicing ~~policies~~platform ~~and~~allows ~~procedures~~Trimont into ~~place~~process ~~that govern~~loan ~~its special~~ servicing activities. ~~These policies and procedures for the performance of its special servicing obligations are~~including, ~~among other~~but ~~things,~~not inlimited ~~compliance~~to: ~~with~~(i) ~~applicable~~performing ~~servicing~~account ~~criteria~~maintenance; ~~set~~(ii) ~~forth~~tracking inborrower ~~Item~~communications; ~~1122~~(iii) oftracking ~~Regulation~~real ABestate ~~under~~tax ~~the~~escrows ~~Securities Act, including managing delinquent loans~~ and ~~loans subject to the bankruptcy of the borrower. Standardization and automation have been pursued~~payments, ~~and~~insurance ~~continue to~~escrows ~~be pursued, wherever possible so as to provide for continued accuracy, efficiency, transparency, monitoring~~ and ~~controls. CWCAM reviews~~payments, ~~updates~~ ~~and/or~~replacement ~~creates~~reserve ~~its~~escrows ~~policies~~ and ~~procedures~~operating ~~throughout~~statement ~~the~~data ~~year as needed to reflect any changing business practices, regulatory demands or general business practice refinements~~ and ~~incorporates~~rent ~~such~~rolls; ~~changes~~(iv) ~~into~~entering ~~its manual. Refinements within the prior three years include but are not limited to the improvement of controls~~ and ~~procedures~~updating ~~implemented~~transaction ~~for~~data; ~~property cash flow, wiring instructions~~ and ~~the~~ ~~expansion~~(v) ofgenerating ~~unannounced~~various ~~property and employee audits~~reports.

~~CWCAM~~Prior ~~occasionally engages consultants~~ to ~~perform property~~the ~~inspections~~CMS ~~and~~Acquisition toClosing ~~provide~~Date, ~~close~~Trimont ~~surveillance~~was onnot athe ~~property~~designated ~~and~~primary ~~its~~advancing ~~local~~agent ~~market;~~for itany ~~currently~~of ~~does~~the ~~not~~loans ~~have~~it ~~any~~serviced. ~~plans~~In toconnection ~~engage sub-servicers~~with tothe ~~perform~~CMS onTransaction, ~~its~~Trimont ~~behalf~~acquired ~~any~~the ofoutstanding ~~its~~CMS ~~duties~~servicer ~~with~~advances ~~respect~~using tofunding ~~this~~from ~~transaction.~~a ~~CWCAM~~Wells ~~has~~Fargo ~~made~~credit ~~all~~facility ~~advances~~and ~~required~~other tocapital ~~be made~~sources byand itassumed ~~under~~ the ~~servicing~~future ~~agreements~~advancing onobligations ~~the~~of ~~commercial~~Wells ~~and~~Fargo ~~multifamily~~under ~~mortgage~~the ~~loans~~servicing ~~serviced~~agreements bythat ~~CWCAM~~transferred into ~~securitization transactions~~Trimont.

~~CWCAM~~The ~~will~~following ~~not~~table ~~have~~sets ~~primary~~forth ~~responsibility~~pro ~~for custody~~forma ~~services~~information ofregarding ~~original~~principal ~~documents~~and ~~evidencing~~interest ~~the~~advances ~~underlying~~and ~~Mortgage~~protective ~~Loans.~~property Onadvances ~~occasion~~held by Trimont, ~~CWCAM~~as ~~may~~master ~~have~~servicer, ~~custody~~on ofcommercial ~~certain~~and multifamily mortgage loans included in commercial mortgage-backed securitizations. The information set forth below is the pro forma amount of such ~~documents~~ advances outstanding as ~~necessary~~of ~~for~~the ~~enforcement~~date ~~actions~~indicated ~~involving~~(expressed ~~particular~~as ~~underlying~~a ~~Mortgage~~dollar ~~Loans~~amount orand ~~otherwise.~~as Toa percentage of the ~~extent~~Trimont ~~that~~pro ~~CWCAM~~forma ~~has custody~~portfolio, as of ~~any~~the end of such ~~documents~~period, ~~such~~of ~~documents~~master ~~will~~serviced becommercial ~~maintained~~and inmultifamily amortgage ~~manner~~loans ~~consistent~~included ~~with~~in ~~the~~commercial ~~Servicing~~mortgage-backed ~~Standard~~securitizations).

From time to time, CWCAM is a party to lawsuits and other legal proceedings as part of its duties as a special servicer (e.g., enforcement of loan obligations) and/or arising in the ordinary course of business. Other than as set forth in the following paragraphs, there are currently no legal proceedings pending, and no legal proceedings known to be contemplated by governmental authorities, against CWCAM or of which any of its property is the subject, that are material to the certificateholders.

	Approximate Securitized	Approximate	Approximate
	Master-Serviced	Outstanding Advances	Outstanding
As of	Portfolio (UPB)**	(P&I and PPA)**	Advances as % of UPB
12/31/2024*	$401,954,652,250	$842,099,385	0.20%

On*Represents ~~December~~pro ~~17,~~forma ~~2015,~~portfolio ~~U.S. Bank National Association, the trustee under five pooling~~ and ~~servicing~~includes ~~agreements~~CMS ~~for~~Loans (i)as ~~Wachovia~~hereinafter ~~Bank Commercial Mortgage Trust 2007-C30, (ii~~defined). ~~COBALT~~** CMBS Commercial Trust 2007-C2, (iii) Wachovia Bank Commercial Mortgage Trust 2007-C31, (iv) ML-CFC Commercial Mortgage Trust 2007-5 and (v) ML-CFC Commercial Mortgage Trust 2007-6 commenced a proceeding with the Second Judicial District Court of Ramsey County, Minnesota (the “~~State Court~~UPB”~~) for~~ ameans ~~declaratory~~unpaid ~~judgment~~principal asbalance, ~~to the proper allocation of certain proceeds (~~“~~Disputed Proceeds~~P&I”) ~~received~~means byprincipal ~~CWCAM in connection with the sale of the Peter Cooper Village~~ and Stuyvesant Town property in New York, New York securing loans held by those trusts. CWCAM was the special servicer of such property. The petition requests the State Court to instruct the trustee, the trust beneficiaries, and any other interested parties as to the amount of the Disputed Proceeds, if any, that constitute penalty interest ~~and/or~~advances the amount of the Disputed Proceeds, if any, that constitute gain-on-sale proceeds, with respect to each trust. On February 24, 2016, CWCAM made a limited appearance with the State Court to file a motion to dismiss this proceeding based on lack of jurisdiction, mootness, standing and ~~forum non conveniens. On July 19, 2016, the State Court denied CWCAM’s motion to dismiss. On July 22, 2016, the action was removed to federal court in Minnesota (~~“~~Federal Court~~PPA”). Onmeans ~~October~~property ~~21,~~protection 2016, the Federal Court held a hearing on the motion to transfer the action to the United States District Court for the Southern District of New York (“SDNY Court”), a motion to remand to state court and a motion to hear CWCAM’s request for reconsideration of the motion toadvances.

4 Trimont may perform some of its obligations under the applicable servicing agreement through one or more third-party vendors, affiliates or subsidiaries, including the engagement of third-party vendors to provide technology or process efficiencies. Trimont monitors its third-party vendors in compliance with its internal procedures and applicable law. Trimont has entered into contracts directly with third-party vendors and may also obtain services from third party vendors through Wells Fargo under the TSA (as hereinafter defined) for some or all of the following functions:

~~dismiss.~~• Onprovision ~~March 14, 2017, the Federal Court reserved the determination on the motion to hear CWCAM’s request for reconsideration~~ of ~~the~~Strategy ~~motion to dismiss, denied the motion to remand the matter to state court~~ and ~~granted~~Strategy ~~the~~CS ~~motion~~software; to• ~~transfer~~audit ~~the~~services; ~~proceeding~~• totracking ~~the SDNY Court. Cross motions for judgment on the pleadings were filed but the SDNY Court was unable to decide the case based on the pleadings~~ and ~~the~~reporting SDNY Court ordered discovery. All fact discovery was completed in December 2018 and expert discovery was completed on March 15, 2019. The parties submitted cross motions for summary judgment, and on March 19, 2020, the SDNY Court entered an opinion and order in which it granted summary judgment in CWCAM’s favor and held that CWCAM was entitled to the entire amount of ~~penalty~~flood ~~interest~~zone ~~and~~changes; ~~that~~• ~~CWCAM’s~~abstracting ~~determination~~ of ~~yield~~leasing ~~maintenance~~consent ~~was~~requirements ~~correct.~~contained ~~In the 127-page opinion, the SDNY Court found for CWCAM on every issue presented by the trustee’s petition, namely, that the funds~~ in ~~dispute~~loan ~~constitute~~documents; ~~penalty~~• ~~interest~~legal ~~and~~representation; ~~yield~~• ~~maintenance,~~assembly ~~not gain-on-sale proceeds, and that the amount~~ of ~~penalty~~data ~~interest~~regarding buyer and ~~yield maintenance~~seller was correctly calculated. An appeal of the SDNY Court’s decision was taken on April 29, 2020. Oral argument on the appeal occurred on June 21, 2021. On July 14, 2022, the United States Court of Appeals for the Second Circuit (~~the “Second Circuit”~~borrower) ~~entered~~ awith ~~decision~~respect ~~affirming in part and reversing in part the SDNY Court’s decision and remanding~~ to ~~the~~proposed ~~SDNY~~loan ~~Court~~assumptions ~~for further proceedings. The Second Circuit affirmed the SDNY’s Court holding that penalty interest~~ and ~~yield~~preparation ~~maintenance are paid before gain-on-sale proceeds. The Second Circuit reversed~~ and ~~remanded~~underwriting ~~for further proceedings that portion~~ of ~~the~~loan ~~SDNY~~assumption ~~Court’s~~package ~~decision~~for ~~related~~review ~~to approximately~~by ~~$67.2~~servicer; ~~million~~• inperformance ~~interest~~of onproperty ~~advances.~~inspections; On• ~~January~~performance ~~13, 2023, the parties entered into a settlement agreement, in which (among other things) they agreed to stipulate that the amount~~ of ~~interest~~tax onparcel ~~advances~~searches ~~that~~based ~~accrued~~ on orproperty ~~before~~legal ~~June 3~~description, ~~2014~~monitoring ~~is $27.5 million,~~ and ~~that~~reporting ~~CWCAM would pay that amount into escrow for distribution to certificateholders upon the entry~~ of andelinquent ~~order by the SDNY Court approving the settlement. U.S. Bank National Association~~taxes, asand ~~trustee~~collection ~~for~~and ~~the~~payment ~~trusts, provided notice~~ of ~~the~~taxes; ~~settlement~~• toUniform ~~all~~Commercial ~~parties~~Code insearches ~~interest via~~and afilings; ~~notice~~• ~~program~~insurance ~~approved~~tracking ~~by the SDNY Court. A hearing on the settlement was scheduled for March 16, 2023~~ and ~~was~~compliance; ~~continued~~• toonboarding-new ~~May 5,~~loan ~~2023.~~setup; ~~The~~• ~~SDNY~~lien ~~Court~~release-filing ~~approved~~& ~~the~~tracking; ~~settlement~~• incredit ainvestigation ~~decision~~& ~~dated~~background ~~April~~checks; ~~8, 2024. An appeal of the SDNY Court’s decision was filed by one party, Cobalt LLC, which is believed to be focused solely on the timing of the distribution of the $27.5 million~~ and ~~not~~• ~~with~~defeasance ~~respect to CWCAM’s liability or the amount paid~~calculations. ~~The appeal brief is due on September 1, 2024.~~

OnTrimont ~~December~~may 1,also ~~2017,~~enter ainto ~~complaint~~agreements ~~against~~with ~~CWCAM and~~certain ~~others~~firms ~~was~~to ~~filed~~act ~~in the SDNY Court styled~~ as ~~CWCapital~~a ~~Cobalt~~primary Vrservicer ~~Ltd. v. CWCapital Investments LLC, et al., No. 17-cv-9463~~ (~~the~~or ~~“Original Complaint”~~sub-servicer). ~~The gravamen of the Original Complaint alleged breaches of a contract~~ and ~~fiduciary~~to ~~duties~~provide bycashiering ~~CWCAM’s~~or ~~affiliate, CWCapital~~non-cashiering ~~Investments~~subservicing ~~LLC~~on ~~(“CWCI”) in its capacity as collateral manager for~~ the ~~collateralized~~mortgage ~~debt obligation transaction involving CWCapital Cobalt Vr, Ltd~~loans. InTrimont ~~total,~~will ~~there~~monitor ~~are 14 counts pled in the Original Complaint. Of those 14, 5 claims were asserted against CWCAM for aiding~~ and ~~abetting~~review ~~breach of fiduciary duty, conversion and unjust enrichment. On May 23, 2018,~~ the ~~Original~~performance ~~Complaint was dismissed for lack~~ of ~~subject~~sub-servicers ~~matter~~appointed ~~jurisdiction.~~by ~~On June 28, 2018, CWCapital Cobalt Vr Ltd~~it. ~~filed a substantially similar complaint in the Supreme Court of the State of New York~~Generally, ~~County~~all ofamounts ~~New~~received ~~York~~by ~~styled~~Trimont ason ~~CWCapital Cobalt Vr Ltd. v. CWCapital Investments LLC, et al., Index No. 653277/2018 (~~the ~~“New~~mortgage ~~Complaint”).~~loans ~~The~~will ~~gravamen~~initially ofbe ~~the~~deposited ~~New~~into ~~Complaint~~a iscommon ~~the~~clearing ~~same~~account aswith ~~the~~collections ~~previous~~on ~~complaint filed~~other inmortgage ~~the~~loans ~~SDNY~~serviced ~~Court.~~by InTrimont ~~total there are 16 counts pled in the New Complaint. Of those 16 counts, 5 claims were asserted against CWCAM for aiding~~ and ~~abetting~~will ~~breach~~then ofbe ~~fiduciary~~allocated ~~duty, conversion~~ and ~~unjust~~transferred ~~enrichment, 1 count seeks a declaratory judgment that the plaintiff has the right~~ to ~~enforce~~ the ~~contracts~~appropriate inaccount ~~question and 1 count seeks an injunction requiring the defendants to recognize the plaintiff~~ as ~~the~~described ~~directing holder for the trusts~~ in ~~question. On January 11, 2019,~~ the ~~plaintiff dismissed with prejudice the declaratory judgment and injunction counts. The New Complaint and~~ related ~~summons was not served on the defendants until July 13, 2018 and July 16, 2018~~prospectus. ~~The plaintiff’s motion for a preliminary injunction was denied by the court on July 31, 2018.~~ On ~~August 3, 2018,~~ the ~~defendants,~~day ~~including CWCAM,~~any ~~filed~~amount ais ~~motion~~ to ~~dismiss~~be ~~the~~disbursed New Complaint in its entirety. On August 20, 2019, the court entered an order granting defendants’ motion almost in its entirety, dismissing 11 of the 16 counts and partially dismissing 2 additional counts. Of the remaining counts, 2 are asserted against CWCAM for aiding and abetting breach of fiduciary duty and unjust enrichment. On September 19, 2019, CWCapital Cobalt Vr Ltd. filed a notice of appeal relating to the August 20, 2019 dismissal order and on September 26, 2019, filed an amended complaint against CWCI and CWCAM attempting to address deficiencies relating to certain of the claims dismissed by ~~the August 20~~Trimont, ~~2019~~that ~~order.~~amount ~~CWCI and~~may ~~CWCAM~~be ~~filed~~transferred ~~its motion~~ to dismiss the amended complaint on October 28, 2019. The court heard argument on the motion to dismiss the amended complaint on January 22, 2020 and on October 23, 2020, the court granted the motion dismissing the amended claims. On November 30, 2020, CWCapital Cobalt Vr Ltd filed a ~~notice~~common ofdisbursement ~~appeal~~account toprior ~~the New York Appellate Division, First Department (the “First Department”) relating~~ to ~~the October 23, 2020 dismissal order~~disbursement. On April 27, 2021, the First Department affirmed the dismissal as to claims against CWCAM that were part of the August 20, 2019 dismissal, but reversed the dismissal of two counts for breach of the collateral management agreement against CWCI. CWCI sought leave to file an appeal of the decision. The plaintiff also sought leave to appeal the dismissal of the claims against CWCAM. Both

5 Trimont will not have primary responsibility for custody services of original documents evidencing the mortgage loans. On occasion, Trimont may have custody of certain of such documents as are necessary for enforcement actions involving the mortgage loans or otherwise. To the extent Trimont performs custodial functions as a servicer, documents will be maintained in a manner consistent with the servicing standard.

~~requests~~There ~~for leave were denied by the First Department. On May 15~~are, ~~2020,~~ ~~CWCI and CWCAM filed a motion~~ to ~~renew its motion to dismiss as to 4 of~~ the ~~remaining~~actual ~~counts~~current ~~(including~~knowledge ~~the remaining two counts against CWCAM for aiding and abetting breach~~ of ~~fiduciary duty and unjust enrichment)~~Trimont, ~~based~~no onspecial aor ~~decision~~unique ~~entered~~factors ~~by Judge Failla in a trust instruction proceeding in the SDNY Court awarding summary judgment in favor~~ of ~~CWCAM. On September 7, 2021, the court denied the motion to renew. CWCI and CWCAM filed~~ a ~~notice~~material ofnature ~~appeal,~~involved which they perfected by the filing of their opening brief on July 1, 2022. On November 15, 2022, the First Department affirmed the court’s denial of the motion to renew. On October 1, 2021, CWCI and CWCAM moved to reargue the denial of the motion to renew (or alternatively, the motion to dismiss) with respect to certain of Cobalt’s claims, including the remaining 2 claims against CWCAM, based on the First Department’s April 27, 2021 decision. On March 24, 2022, the court denied the relief sought in ~~the~~servicing ~~motion to reargue. CWCI and CWCAM appealed~~ the ~~court’s~~mortgage ~~decision on the motion to reargue and filed their opening brief on July 11~~loans, ~~2022. The appeal was dismissed~~ as ~~being~~compared non-appealable on August 30, 2022. Discovery (both fact and expert) concluded on March 1, 2024. CWCAM and CWCI filed a motion for summary judgment on March 29, 2024, seeking dismissal of all the claims in their entirety. On that same date, the plaintiff cross moved for summary judgment on one of the claims asserted against only CWCI. Summary judgment briefing is scheduled to ~~conclude on June 18, 2024. Oral argument has not been scheduled and~~ the ~~timing~~types of a ~~decision~~assets isserviced ~~unknown.~~by ~~CWCAM~~Trimont ~~believes that it has performed its obligations under the related pooling and servicing agreements~~ in ~~good faith~~other ~~and~~commercial ~~the~~real ~~remaining~~estate ~~allegations~~securitization inpools ~~the New Complaint are without merit~~generally.

~~CWCAM~~Trimont ~~may~~does ~~enter~~not ~~into~~believe ~~one~~that orits ~~more~~financial ~~arrangements with~~condition ~~any~~will ~~directing~~have ~~holder,~~ any ~~controlling~~adverse ~~class~~effect ~~certificateholder,~~on ~~any person with~~ the ~~right~~performance ~~to appoint or remove and replace CWCAM as the special servicer, or any other person (or an affiliate or a third-party representative~~ of ~~one~~its orduties ~~more~~under of the ~~preceding)~~applicable toservicing ~~provide for~~agreement ~~a discount~~ and~~/or revenue sharing with respect to certain of the special servicer compensation in consideration of~~, ~~among other things~~accordingly, ~~the~~ ~~appointment~~Trimont ~~(or~~believes ~~continuance)~~that ofits ~~CWCAM~~financial ascondition ~~special~~will ~~servicer~~not ~~under~~have ~~the~~any ~~COMM~~material ~~2014-UBS5~~impact ~~PSA and limitations~~ on the ~~right~~performance of ~~such~~the ~~person to~~mortgage ~~replace~~loans ~~CWCAM~~or as the ~~special servicer~~certificates.

~~Neither~~No ~~CWCAM~~securitization ~~nor,~~involving tocommercial ~~CWCAM’s~~or ~~knowledge,~~ multifamily real estate loans in which Trimont was acting as a servicer has experienced a servicer event of default as a result of any ~~affiliate~~action or inaction of ~~CWCAM~~Trimont in such capacity, ~~has~~including ~~any~~as ~~interest~~a ~~retained~~result of Trimont’s failure to comply with the applicable servicing criteria in ~~this~~connection ~~transaction~~with any securitization.

NoFrom ~~securitization~~time ~~transaction~~to ~~involving~~time, ~~commercial or~~Trimont ~~multifamily~~is ~~mortgage~~a ~~loans~~party into ~~which~~lawsuits ~~CWCAM~~and ~~was~~other ~~acting~~legal proceedings as ~~special~~part ~~servicer~~of ~~has~~its ~~experienced~~duties anas ~~event~~a loan servicer (e.g., enforcement of ~~default~~loan asobligations) aand/or ~~result~~arising in the ordinary course of business. Trimont does not believe that any ~~action~~ such lawsuits or ~~inaction~~legal ~~performed~~proceedings, byindividually ~~CWCAM~~or asin ~~special~~the ~~servicer~~aggregate, would be material to the certificateholders. ~~The~~There ~~special~~are ~~servicer~~no ~~ratings~~legal proceedings pending against Trimont, or to which any property of ~~CWCAM~~Trimont is subject, that are ~~“STRONG”~~material byto ~~S&P~~the certificateholders, ~~“MOR CS1”~~nor bydoes ~~DBRS~~Trimont ~~Morningstar~~have ~~and~~actual ~~“CSS-”~~knowledge of any proceedings of this type contemplated by ~~Fitch~~governmental authorities.

6 A Trimont website (https://cmsview.trimont.com) provides investors with access to investor reports for commercial mortgage-backed securitization transactions for which Trimont is master servicer, and also provides borrowers with access to current and historical loan and property information for these transactions.

~~SIGNATURES~~The following table sets forth information as of the dates indicated about Trimont’s servicing portfolio of specially serviced commercial and multifamily loans (securitized and non-securitized):

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Commercial and				As of 12/31/2024
Multifamily Mortgage Loans	As of 12/31/2022	As of 12/31/2023	As of 12/31/2024	(pro forma)**
By Approximate Number:	27	53	93	2,506
By Approximate Aggregate Unpaid Principal
Balance (in billions):	$0.6	$2.1	$3.4	$79.9
** Represents pro forma portfolio and includes CMS Loans (as hereinafter defined).

	MORGAN STANLEY CAPITAL I INC.
	By:	/s/ Jane Lam
		Name:	Jane Lam
		Title:	President
Dated: August 16, 2024

The properties securing the loans in Trimont’s special servicing portfolio (including CMS Loans (as hereinafter defined)) include multifamily, office, retail, hospitality, industrial and other income producing properties.

~~MSBAM~~Within ~~2014-C16~~this –special ~~Form~~servicing 8portfolio (including CMS Loans), as of December 31, 2024, approximately 2,321 commercial and multifamily loans with an unpaid principal balance of approximately $77.1 billion are loans that back commercial mortgage-Kbacked securities or commercial real estate collateralized debt obligation securities.

Generally, Trimont’s servicing functions under servicing agreements as special servicer do not include maintenance of collection accounts, however Trimont does maintain certain operating accounts with respect to REO loans in accordance with the terms of the applicable servicing agreements and consistent with the servicing standard set forth in each of such servicing agreements.

Trimont does not generally have any material advancing rights or obligations with respect to the commercial real estate securitization pools as to which it acts as special servicer. In certain instances, Trimont may have the right or be obligated to make property related servicing advances in emergency situations with respect to certain commercial real estate securitization pools as to which it acts as special servicer.

Trimont has developed strategies and procedures for managing delinquent loans, breaches by borrowers of the underlying loan documents and loans subject to borrower bankruptcy filings which are designed to maximize value from the assets for the benefit of certificateholders. These strategies and procedures vary on a case by case basis and include but are not limited to, liquidation of the underlying collateral, note sales, discounted payoffs and borrower negotiation or workout in accordance with the applicable servicing standard. The strategy pursued by Trimont for any particular asset depends upon, among other things, the condition and type of the underlying property, the borrower, and the jurisdiction where the asset is located.

Trimont, as special servicer, may enter into one or more arrangements with the controlling class representative, directing certificateholder, or equivalent party or related entity, which has the right to remove, or vote to remove the special servicer, to provide for a discount and/or revenue sharing with respect to certain special servicer compensation. The controlling class representative, directing certificateholder, or equivalent party or related entity, which has the right to remove, or vote to remove the special servicer, may further consider any such economic arrangements with the special servicer or a prospective replacement servicer in entering into any decision to appoint or replace the special servicer from time to time, and such considerations would not be required to take into account the best interests of any certificateholder.

CMS Transaction. As of the CMS Acquisition Closing Date, Trimont purchased the third party servicing segment (“CMS”) of Wells Fargo Bank, National Association’s (“Wells Fargo”) commercial mortgage servicing business. The CMS Transaction did not include Wells Fargo’s rights and obligations related to the servicing of loans that Wells Fargo originated for Fannie Mae, Freddie Mac, and FHA/Ginnie Mae, which will continue to be serviced by Wells Fargo.

Senior leadership of Trimont and CMS and certain Trimont and former Wells Fargo corporate functions that supported CMS are expected to be generally integrated within Trimont on or shortly following the CMS Acquisition Closing Date. Most of the CMS employees along with relevant CMS systems, technologies and operating procedures and guidelines supporting CMS were transferred to Trimont as part of the CMS Transaction. Further, as of the CMS Acquisition Closing Date, Wells Fargo’s duties, obligations, and rights as servicer, under the related servicing agreements were transferred to Trimont, subject to the terms and conditions of such servicing agreements.

In order to facilitate the transition of CMS to Trimont, Wells Fargo and Trimont entered into a Transition Services Agreement (“TSA”) pursuant to which Wells Fargo agreed to provide certain support services, or cause such services to be provided, to Trimont for 12 months from the CMS Acquisition Closing Date (with two 3-month extension options) (the “TSA Period”).

Following the CMS Acquisition Closing Date, Trimont will initially be operating two loan servicing technology platforms with each using a separate instance of McCracken Financial Solutions software, Strategy CS. During a portion or all of the TSA Period, Trimont expects to continue to service the loans it was servicing prior to the CMS Acquisition Closing Date (“Pre-Closing Trimont Loans”) using operating guidelines, procedures and the servicing technology platform that Trimont was using prior to the CMS Acquisition Closing Date. During a portion or all of the TSA Period, Trimont expects to service loans serviced under the servicing agreements transferred in connection with the CMS Transaction and loans serviced under CMBS servicing agreements entered into by Trimont after the CMS Acquisition Closing Date (“CMS Loans”) in accordance with the CMS operating guidelines, procedures and servicing technology platform.

The foregoing information set forth under this heading “- Description of Trimont LLC” has been provided by Trimont.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

MORGAN STANLEY CAPITAL I INC.

March 3, 2025									/s/ Jane Lam
									Jane Lam
									President

Filing Compare · Morgan Stanley Bank of America Merrill Lynch Trust 2014-C16