Bear Stearns Commercial Mortgage Securities Trust 2006-TOP24 – ‘10-K’ for 12/31/06

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Annual Report   —   Form 10-K
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 1: 10-K        Annual Report                                         36±   163K 

Document Table of Contents

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

             FORM 10-K

(Mark one)                                                                  

/X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES         
EXCHANGE ACT OF 1934                                                
For the fiscal year ended December 31, 2006                         

OR                                                                  

/ / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES     
EXCHANGE ACT OF 1934                                                

Commission file number of issuing entity:  333-130789-02          

Bear Stearns Commercial Mortgage Securities Trust 2006-TOP24      
(exact name of issuing entity as specified in its charter)        

Bear Stearns Commercial Mortgage Securities Inc.                  
(exact name of the depositor as specified in its charter)         

Bear Stearns Commercial Mortgage, Inc.                            
Morgan Stanley Mortgage Capital Inc.                              
Wells Fargo Bank, National Association                            
Principal Commercial Funding II, LLC                              
(exact name of the sponsors as specified in their charters)       

New York                                          51-0606875                
(State or other jurisdiction of                   51-0606876                
incorporation or organization                     51-0606877                
of issuing entity)                                54-6725961                
                                        (I.R.S. Employer
                                          Identification No.
                                          of issuing entity)

c/o Wells Fargo Bank, N.A.                                                
9062 Old Annapolis Road                                                   
Columbia, MD                                21045                         
(Address of principal executive offices     (Zip Code                       
of issuing entity)                          of issuing entity)              

Issuing entity's telephone number, including area code: (410) 884-2000      

Securities registered pursuant to Section 12(b) of the Act:                 

NONE.                                                           

Securities registered pursuant to Section 12(g) of the Act:                 

NONE.                                                           

Indicate by check mark if the registrant is a well-known seasoned issuer,   
as defined in Rule 405 of the Securities Act.                               

Yes  ___     No  X                                              

Indicate by check mark if the registrant is not required to file reports    
pursuant to Section 13 or Section 15(d) of the Act.                         

Yes  ___     No  X                                              

Indicate by check mark whether the registrant (1) has filed all reports     
required to be filed by Section 13 or 15(d) of the Securities Exchange      
Act of 1934 during the preceding 12 months (or for such shorter period      
that the registrant was required to file such reports), and (2) has been    
subject to such filing requirements for the past 90 days.                   

Yes  X       No  ___                                            

Indicate by check mark if disclosure of delinquent filers pursuant to       
  Item 405 of Regulation S-K is not contained herein, and will not be contained,
to the best of registrant's knowledge, in definitive proxy or information   
statements incorporated by reference in Part III of this Form 10-K or any   
amendment to this Form 10-K.                                                

Not applicable.                                                 

Indicate by check mark whether the registrant is a large accelerated filer, 
an accelerated filer, or a non-accelerated filer. See definition of         
"accelerated filer and large accelerated filer" in Rule 12b-2 of the        
Exchange Act. (Check one):                                                  

Large accelerated filer ___  Accelerated filer ___  Non-accelerated filer X 

Indicate by check mark whether the registrant is a shell company (as        
defined in Rule 12b-2 of the Act).                                          

Yes  ___     No  X                                              

State the aggregate market value of the voting and non-voting common        
equity held by non-affiliates computed by reference to the price at which   
the common equity was last sold, or the average bid and asked price of      
such common equity, as of the last business day of the registrant's most    
recently completed second fiscal quarter.                                   

Not applicable.                                                 

Documents Incorporated by Reference                                   

List hereunder the following documents if incorporated by reference and     
the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the      
document is incorporated: (1)Any annual report to security holders; (2)     
Any proxy or information statement; and (3)Any prospectus filed pursuant    
to Rule 424(b) or (c) under the Securities Act of 1933. The listed          
documents should be clearly described for identification purposes (e.g.,    
annual report to security holders for fiscal year ended December 24, 1980). 

None.                                                           

PART I    
Item 1.  Business.                                                          

Not applicable.                                         

Item 1A.  Risk Factors.                                                     

Not applicable.                                           

Item 1B.  Unresolved Staff Comments.                                        

None.                                                   

Item 2.  Properties.                                                        

Not applicable.                                         

Item 3.  Legal Proceedings.                                                 

Not applicable.                                         

Item 4.  Submission of Matters to a Vote of Security Holders.               

Not applicable.                                         

PART II         

Item 5.  Market for Registrant's Common Equity, Related Stockholder         
Matters and Issuer Purchases of Equity Securities.        

Not applicable.                                           

Item 6.  Selected Financial Data.                                           

Not applicable.                                         

Item 7.  Management's Discussion and Analysis of Financial Condition and    
Results of Operations.                                    

Not applicable.                                         

Item 7A. Quantitative and Qualitative Disclosures About Market Risk.        

Not applicable.                                         

Item 8.  Financial Statements and Supplementary Data.                       

Not applicable.                                         

Item 9.  Changes in and Disagreements With Accountants on Accounting and    
Financial Disclosure.                                     

Not applicable.                                         

Item 9A. Controls and Procedures.                                           

Not applicable.                                         

Item 9A(T). Controls and Procedures.                                        

Not applicable.                                         

Item 9B. Other Information.                                                 

None.                                                   

PART III        

Item 10. Directors, Executive Officers and Corporate Governance.            

Not applicable.                                         

Item 11. Executive Compensation.                                            

Not applicable.                                         

Item 12. Security Ownership of Certain Beneficial Owners and Management     
and Related Stockholder Matters.                          

Not applicable.                                         

Item 13. Certain Relationships and Related Transactions, and Director       
Independence.                                             

Not applicable.                                           

Item 14. Principal Accounting Fees and Services.                            

Not applicable.                                         

ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB   

Item 1112(b) of Regulation AB, Significant Obligor Financial Information.   

     The mortgaged property that secures the US Bancorp Tower loan
          constitutes a significant obligor within the meaning of 1101(k)(2)
          of Regulation AB and as disclosed in the prospectus supplement for
     the Bear Stearns Commercial Mortgage Securities Trust, Series
        2006-TOP24. The net operating income of such significant obligor
   for the fiscal year end December 31, 2006 was $ 18,040,663.

Item 1114(b)(2) and 1115(b) of Regulation AB, Significant Enhancement       
Provider Financial Information.                       

       No entity or group of affiliated entities provides any external
            credit enhancement, uses any derivative instruments or other support
   for any class of certificates issued by the issuing entity.

Item 1117 of Regulation AB, Legal Proceedings.                              

None.                                                     

Item 1119 of Regulation AB, Affiliations and Certain Relationships and      
Related Transactions.                                 

None.                                                   

Item 1122 of Regulation AB, Compliance with Applicable Servicing Criteria.  

See Exhibits 33 and 34.                                 

      The 1122 statements for Wells Fargo Bank, National Association
           (Paying Agent) have disclosed material noncompliance with criterion
  1122(d)(3)(i), as applicable to Wells Fargo Bank, National
     Association during the twelve months ended December 31, 2006.
      Certain monthly investor or remittance reports included errors
    in the calculation and/or the reporting of delinquencies for
the pool assets.                                        

Item 1123 of Regulation AB, Servicer Compliance Statement.                  

See Exhibit 35.                                         

PART IV         

Item 15. Exhibits, Financial Statement Schedules.                           

(a) Exhibits                                                              

(4) Pooling and Servicing Agreement, dated as of October 1, 2006, by and  
   among Bear Stearns Commercial Mortgage Securities Inc., as depositor,
Wells Fargo Bank, National Association, as master servicer, ArCap 
      Servicing, Inc., as special servicer, LaSalle Bank National Association,
      as trustee and custodian, and Wells Fargo Bank, National Association, as
paying agent, authenticating agent and certificate registrar. (As 
previously filed on Form 8-K filed on November 16, 2006 and hereby
incorporated by reference into this report on Form 10-K)          

(10.1) Primary Servicing Agreement, dated as of October 1, 2006, between        
Principal Global Investors, LLC and Wells Fargo Bank, National    
   Association, under which Principal Global Investors, LLC services the
Mortgage Loans set forth on the schedule attached thereto. (As    
previously filed on Form 8-K filed on November 16, 2006 and hereby
incorporated by reference into this report on Form 10-K)          

(10.2) Mortgage Loan Purchase Agreement, dated as of October 18, 2006, between  
Bear Stearns Commercial Mortgage Inc. and Bear Stearns Commercial 
  Mortgage Securities Inc., relating to the mortgage loans sold to the
     depositor by Bear Stearns Commercial Mortgage Inc. (As previously filed
on Form 8-K filed on November 16, 2006 and hereby incorporated by 
reference into this report on Form 10-K)                          

(10.3) Mortgage Loan Purchase Agreement, dated as of October 18, 2006, between  
Wells Fargo Bank, National Association and Bear Stearns Commercial
  Mortgage Securities Inc., relating to the mortgage loans sold to the
 depositor by Wells Fargo Bank, National Association. (As previously
     filed on Form 8-K filed on November 16, 2006 and hereby incorporated by
reference into this report on Form 10-K)                          

(10.4) Mortgage Loan Purchase Agreement, dated as of October 18, 2006, between  
       Morgan Stanley Mortgage Capital Inc. and Bear Stearns Commercial Mortgage
      Securities Inc., relating to the mortgage loans sold to the depositor by
   Morgan Stanley Mortgage Capital Inc. (As previously filed on Form 8-K
       filed on November 16, 2006 and hereby incorporated by reference into this
report on Form 10-K)                                              

(10.5) Mortgage Loan Purchase Agreement, dated as of October 18, 2006, between  
       Principal Commercial Funding II, LLC and Bear Stearns Commercial Mortgage
      Securities Inc., relating to the mortgage loans sold to the depositor by
    Principal Commercial Funding II, LLC. (As previously filed on Form 8-K
  filed on November 16, 2006 and hereby incorporated by reference into
this report on Form 10-K)                                         

(31) Rule 13a-14(d)/15d-14(d) Certifications.                               

(33) Reports on assessment of compliance with servicing criteria for        
asset-backed securities.                                      

                                                                      [Download Table]
                                                            

                                                            
a) ARCap Servicing, Inc., as Special Servicer <F1>          
b) LaSalle Bank, National Association, as Trustee <F1>      
c) Principal Global Investors, LLC, as Primary Servicer <F1>
d) Wells Fargo Bank, N.A., as Master Servicer <F1>          
e) Wells Fargo Bank, N.A., as Paying Agent <F1>             

                                                                          
(34) Attestation reports on assessment of compliance with servicing   
criteria for asset-backed securities.                       

                                                                      [Download Table]
                                                            

                                                            
a) ARCap Servicing, Inc., as Special Servicer <F1>          
b) LaSalle Bank, National Association, as Trustee <F1>      
c) Principal Global Investors, LLC, as Primary Servicer <F1>
d) Wells Fargo Bank, N.A., as Master Servicer <F1>          
e) Wells Fargo Bank, N.A., as Paying Agent <F1>             

                                                                          
(35) Servicer compliance statements.                                  

                                                                      [Download Table]
                                                            

                                                            
a) ARCap Servicing, Inc., as Special Servicer <F1>          
c) Principal Global Investors, LLC, as Primary Servicer <F1>
d) Wells Fargo Bank, N.A., as Master Servicer <F1>          
e) Wells Fargo Bank, N.A., as Paying Agent <F1>             

                                                                          
(b) See (a) above.                                                        

(c) Not applicable.                                                       

<F1> Filed herewith.                                                        

SIGNATURES      

Pursuant to the requirements of Section 13 or 15(d) 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.         

Bear Stearns Commercial Mortgage Securities Inc.                        
(Depositor)                                                             

/s/ Adam Ansaldi                                                        
Adam Ansaldi, Vice President                                            

Date:      March 29, 2007                                               

Exhibit Index                                                               

(4) Pooling and Servicing Agreement, dated as of October 1, 2006, by and  
   among Bear Stearns Commercial Mortgage Securities Inc., as depositor,
Wells Fargo Bank, National Association, as master servicer, ArCap 
      Servicing, Inc., as special servicer, LaSalle Bank National Association,
      as trustee and custodian, and Wells Fargo Bank, National Association, as
paying agent, authenticating agent and certificate registrar. (As 
previously filed on Form 8-K filed on November 16, 2006 and hereby
incorporated by reference into this report on Form 10-K)          

(10.1) Primary Servicing Agreement, dated as of October 1, 2006, between        
Principal Global Investors, LLC and Wells Fargo Bank, National    
   Association, under which Principal Global Investors, LLC services the
Mortgage Loans set forth on the schedule attached thereto. (As    
previously filed on Form 8-K filed on November 16, 2006 and hereby
incorporated by reference into this report on Form 10-K)          

(10.2) Mortgage Loan Purchase Agreement, dated as of October 18, 2006, between  
Bear Stearns Commercial Mortgage Inc. and Bear Stearns Commercial 
  Mortgage Securities Inc., relating to the mortgage loans sold to the
     depositor by Bear Stearns Commercial Mortgage Inc. (As previously filed
on Form 8-K filed on November 16, 2006 and hereby incorporated by 
reference into this report on Form 10-K)                          

(10.3) Mortgage Loan Purchase Agreement, dated as of October 18, 2006, between  
Wells Fargo Bank, National Association and Bear Stearns Commercial
  Mortgage Securities Inc., relating to the mortgage loans sold to the
 depositor by Wells Fargo Bank, National Association. (As previously
     filed on Form 8-K filed on November 16, 2006 and hereby incorporated by
reference into this report on Form 10-K)                          

(10.4) Mortgage Loan Purchase Agreement, dated as of October 18, 2006, between  
       Morgan Stanley Mortgage Capital Inc. and Bear Stearns Commercial Mortgage
      Securities Inc., relating to the mortgage loans sold to the depositor by
   Morgan Stanley Mortgage Capital Inc. (As previously filed on Form 8-K
       filed on November 16, 2006 and hereby incorporated by reference into this
report on Form 10-K)                                              

(10.5) Mortgage Loan Purchase Agreement, dated as of October 18, 2006, between  
       Principal Commercial Funding II, LLC and Bear Stearns Commercial Mortgage
      Securities Inc., relating to the mortgage loans sold to the depositor by
    Principal Commercial Funding II, LLC. (As previously filed on Form 8-K
  filed on November 16, 2006 and hereby incorporated by reference into
this report on Form 10-K)                                         

(31) Rule 13a-14(d)/15d-14(d) Certifications.                               

(33) Reports on assessment of compliance with servicing criteria for        
asset-backed securities.                                          
      
                                                                [Download Table]
                                                       

                                                       
a) ARCap Servicing, Inc., as Special Servicer          
c) LaSalle Bank, National Association, as Trustee      
d) Principal Global Investors, LLC, as Primary Servicer
e) Wells Fargo Bank, N.A., as Master Servicer          
f) Wells Fargo Bank, N.A., as Paying Agent             

                                                                          
(34) Attestation reports on assessment of compliance with servicing       
criteria for asset-backed securities.                           

                                                                      [Download Table]
                                                       

                                                       
a) ARCap Servicing, Inc., as Special Servicer          
c) LaSalle Bank, National Association, as Trustee      
d) Principal Global Investors, LLC, as Primary Servicer
e) Wells Fargo Bank, N.A., as Master Servicer          
f) Wells Fargo Bank, N.A., as Paying Agent             

                                                                          
(35) Servicer compliance statements.                                      

                                                                      [Download Table]
                                                       

                                                       
a) ARCap Servicing, Inc., as Special Servicer          
d) Principal Global Investors, LLC, as Primary Servicer
e) Wells Fargo Bank, N.A., as Master Servicer          
f) Wells Fargo Bank, N.A., as Paying Agent             

                                                                          
Exhibit No.                                                                 

EX-31 Rule 13a-14(d)/15d-14(d) Certifications                               

Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage       
Pass-Through Certificates, Series 2006-TOP24, issued pursuant to the        
Pooling and Servicing Agreement dated as of October 1, 2006 (the            
"Pooling and Servicing Agreement") between Bear Stearns Commercial          
Mortgage Securities Inc., as depositor, Wells Fargo Bank, National          
Association, as master servicer (the "Master Servicer"), ARCap Servicing,   
Inc., as special servicer, LaSalle Bank National Association, as            
Trustee and Custodian (the "Trustee") and Wells Fargo Bank, National        
Association, as Paying Agent, Certificate Regisgtrar and Authenticating     
Agent (the "Paying Agent").                                                 

I, Adam Ansaldi, the senior officer in charge of                            
securitization for the Depositor, herby certify that:                       

1. I have reviewed this report on Form 10-K and all reports on Form 10-D    
required to be filed in respect of the period covered by this report  
on Form 10-K of Bear Stearns Commercial Mortgage Securities Trust     
2006-TOP24 (the "Exchange Act Periodic Reports");                     

2. Based on my knowledge, the Exchange Act Periodic Reports, taken as a     
whole do not contain any untrue statement of a material fact or omit  
to state a material fact necessary to make the statements made, in    
the light of the circumstances under which such statements were made, 
not misleading with respect to the period covered by this report;     

3. Based on my knowledge, all distribution, servicing and other             
information required to be provided under Form 10-D for the period    
covered by this report is included in the Exchange Act Periodic       
Reports;                                                              

4. Based on my knowledge and the servicer compliance statements             
required in this report under Item 1123 of Regulation AB, and except  
as disclosed in the Exchange Act Periodic Reports, the servicers      
have fulfilled their obligations under the Pooling and Servicing      
Agreement or the applicable sub-servicing agreement or primary        
servicing agreement; and                                              

5. All of the reports on assessment of compliance with servicing            
criteria for asset-backed securities and their related attestation    
reports on assessment of compliance with servicing criteria for       
asset-backed securities required to be included in this report in     
accordance with Item 1122 of Regulation AB and Exchange Act Rules     
13a-18 and 15d-18 have been included as an exhibit to this report,    
except as otherwise disclosed in this report.  Any material instances 
of noncompliance described in such reports have been disclosed in     
this report on Form 10-K.                                             

In giving the certifications above, I have reasonably relied on       
information provided to me by the following unaffiliated parties;     
Wells Fargo Bank, National Association, as Master Servicer;           
ARCap Servicing, Inc., as Special Servicer; Wells Fargo Bank,         
National Association, as Paying Agent; and Principal Global Investors,
LLC, as Primary Servicer.                                             

Dated:    March 29, 2007                                              

/s/ Adam Ansaldi                                                      
Signature                                                             

President                                                             
Title                                                                 

EX-33 (a)                                                                   
(logo) ARCap                                                                    

ARCap Servicing, Inc.'s Report on Assessment of Compliance with Servicing       
Criteria                                                                        

The undersigned has caused an assessment to be made of the servicer's compliance
with the servicing criteria set forth in Regulation AB.                         

ARCap Servicing, Inc. (the "Asserting Party") is responsible for assessing      
compliance as of December 31, 2006 and for the period from January 1, 2006 to   
December 31, 2006 (the "Reporting Period") with the servicing criteria set forth
in Title 17, Section 229.1122(d) of the Code of Federal Regulations (the "CFR"),
except for those portions of criteria 229.1122(d)(1)(iii), (d)(2)(ii), (d)(3)(i)
- (d)(3)(iv), (d)(4)(ii), and (d)(4)(xv) which the Asserting Party has concluded
are not applicable to the servicing activities it performs with respect to the  
asset-backed securities transactions covered by this report (the "Applicable    
Servicing Criteria"). The transactions covered by this report include the       
asset-backed securities transactions for which the Asserting Party served as    
servicer are listed in Appendix A (the "Platform").                             

The Asserting Party has assessed its compliance with the Applicable Servicing   
Criteria for the Reporting Period and has concluded that the Asserting Party has
complied, in all material respects, with the Applicable Servicing Criteria with 
respect to the Platform taken as a whole.                                       

Deloitte & Touche LLP, an independent registered public accounting firm, has    
issued an attestation report on the undersigned's assessment of compliance with 
the Applicable Servicing Criteria for the Reporting Period as set forth in this 
assertion.                                                                      

Date: March 14, 2007                                                            

ARCap Servicing, Inc.                                                           

/s/ James L. Duggins                                                            
James L. Duggins, Chief Executive Officer                                       

/s/ Bryan Carr                                                                  
Bryan Carr, Chief Financial Officer and Treasurer                               

/s/ Chris Crouch                                                                
Chris Crouch, Managing Director, Servicing Officer                              

(page)                                                                          

APPENDIX A SEC Regulation AB Regulated Transactions Servicing Platform          
(the"Platform")                                                                 

1.   Morgan Stanley Capital I Inc., Commercial Mortgage Pass-Through            
   Certificates, Series 2006-TOP21, Pooling and Servicing Agreement dated as
 of January 1, 2006 between Morgan Stanley Capital I Inc., as depositor,
ARCap Servicing, Inc., as special servicer, LaSalle Bank National     
Association, as trustee and Wells Fargo Bank, National Association, as
paying agent, master servicer, and certificate registrar              

2.   Bear Stearns Commercial Mortgage Securities II Inc., Commercial Mortgage   
Pass-Through Certificates, Series 2006-PWR11, Pooling and Servicing   
Agreement dated as of March 1, 2006 between Bear Stearns Commercial   
Mortgage Securities II Inc., as depositor, Prudential Asset Resources,
  Inc., as a master servicer, Wells Fargo Bank, National Association, as a
 master servicer, certificate administrator and tax administrator, ARCap
Servicing, Inc., as special servicer, and LaSalle Bank National       
Association, as trustee                                               

3.   Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage      
Pass-Through Certificates, Series 2006-TOP22, Pooling and Servicing   
Agreement dated as of April 1, 2006 between Bear Stearns Commercial   
   Mortgage Securities Inc., as depositor, ARCap Servicing, Inc., as special
    servicer, LaSalle Bank National Association, as trustee and custodian, and
   Wells Fargo Bank, National Association, as paying agent, master servicer,
and certificate registrar and authenticating agent                    

4.   Credit Suisse Commercial Mortgage Trust 2006-C2, Commercial Mortgage       
    Pass-Through Certificates, Series 2006-C2, Pooling and Servicing Agreement
     between Credit Suisse First Boston Mortgage Securities Corp., as depositor,
   Wachovia Bank, National Association, as master servicer, ARCap Servicing,
    Inc., as Special Servicer, and Wells Fargo Bank, National Association., as
trustee                                                               

5.   Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage      
Pass-Through Certificates, Series 2006-PWR12, Pooling and Servicing   
     Agreement dated as of June 1, 2006 between Bear Stearns Commercial Mortgage
Securities Inc., as depositor, Prudential Asset Resources, Inc., as a 
  master servicer and as loan specific special servicer, Wells Fargo Bank,
   National Association, as a master servicer, certificate administrator and
    tax administrator, ARCap Servicing, Inc., as general special servicer, and
LaSalle Bank National Association, as trustee                         

6.   Morgan Stanley Capital I Inc., Commercial Mortgage Pass-Through            
   Certificates, Series 2006-TOP23, Pooling and Servicing Agreement dated as
of August 1, 2006 between Morgan Stanley Capital I Inc., as depositor,
ARCap Servicing, Inc., as special servicer, LaSalle Bank National     
Association, as trustee and custodian and Wells Fargo Bank, National  
   Association, as paying agent, certificate registrar, master servicer, and
authenticating agent                                                  

7.   Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage      
Pass-Through Certificates, Series 2006-TOP24, Pooling and Servicing   
Agreement dated as of October 1, 2006 (the "Pooling and Servicing     
  Agreement") between Bear Stearns Commercial Mortgage Securities Inc., as
depositor, ARCap Servicing, Inc., as special servicer, LaSalle Bank   
National Association, as trustee and custodian, and Wells Fargo Bank, 
National Association, as paying agent, certificate registrar, master  
servicer, and authenticating agent                                    

- 3 -                                                                           

(page)                                                                          

8.   Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage      
Pass-Through Certificates, Series 2006-PWR14, Pooling and Servicing   
Agreement dated as of December 1, 2006 between Bear Stearns Commercial
   Mortgage Securities Inc., as depositor, Prudential Asset Resources, Inc.,
 as a master servicer and as loan-specific special servicer, Wells Fargo
     Bank, National Association, as a master servicer, certificate administrator
    and tax administrator, ARCap Servicing, Inc., as general special servicer,
and LaSalle Bank National Association, as trustee                     

9.   Morgan Stanley Capital I Trust 2006-IQ12, Commercial Mortgage Pass-Through 
   Certificates, Series 2006-IQ12, Pooling and Servicing Agreement, dated as
  of December 1, 2006 between Morgan Stanley Capital I Inc., as depositor,
   Capmark Finance, Inc., as general master servicer, ARCap Servicing, Inc.,
   as special servicer, Prudential Asset Resources, Inc., as master servicer
  with respect to the Prudential Mortgage Capital Funding, LLC only, Wells
 Fargo Bank, National Association, as trustee, and LaSalle Bank National
Association, as paying agent and certificate registrar                

10.  AMAC CDO Funding I Servicing Agreement dated as of November 16, 2006       
 between CharterMac AMI Associates, Inc. as Collateral Manager, AMAC CDO
     Funding I as Issuer, ARCap Servicing, Inc. as Servicer and Special Servicer
and LaSalle Bank National Association as Trustee                      

11.  Column Financial, Inc. and ARCap Servicing, Inc. ("Subservicer")           
Sub-Servicing Agreement dated as of August 31, 2006                   

12.  Wells Fargo Bank, National Association ("Master Servicer") and ARCap       
    Servicing, Inc. ("Subservicer") Subservicing Agreement dated as of October
    1, 2006 entered into in connection with that certain Pooling and Servicing
Agreement dated as of October 1, 2006                                 

- 4 -                                                                           

EX-33 (b)                                                                   
(logo) LaSalle Bank                                                             
ABN AMRO                                                                        

LaSalle Bank N.A.                                                               
135 South LaSalle Street                                                        
Suite 1625                                                                      
Chicago, IL 60603                                                               

GLobal Securities and Trust Services                                            

Management's Assertion on Compliance with Item 1122 Criteria                    

LaSalle Bank National Association (the "Asserting Party") is responsible for    
assessing its compliance with the applicable servicing criteria set forth in    
Item 1122(d) of Regulation AB (17 C.F.R, 229.1122(d)) as indicated on Exhibit A 
annexed hereto entitled "1122 Servicing Criteria to be Addressed in Assessment  
of Compliance" (the "Servicing Criteria").                                      

The Asserting Party has assessed the effectiveness of its compliance with the   
applicable Servicing Criteria as of December 31, 2006, and for the period of    
January 1, 2006 through December 31, 2006 (the "Reporting Period"). In making   
this assessment, the Asserting Party used the criteria set forth by the         
Securities and Exchange Commission in paragraph (d) of Item 1122 of Regulation  
AB.                                                                             

Based on such assessment, the Asserting Party believes that, as of December 31, 
2006 and for the Reporting Period, it has complied in all material respects with
the servicing criteria set forth in Item 1122(d) of Regulation AB for the       
servicing activities it performs in the asset-backed securities transactions    
detailed on Exhibit B. For servicing criteria 1122(d)(3)(i)(A) and (B), this    
assertion covers only the information on the report to investors that is        
required by the respective transaction agreements.                              

Ernst and Young, an independent registered public accounting firm, has issued an
attestation report with respect to the Asserting Party's assessment of          
compliance with the Servicing Criteria as of December 31, 2006 and for the      
Reporting Period. The asset-backed securities transactions to which this        
assertion and the attestation report relate are listed on Exhibit B.            

LaSalle Bank National Association                                               

By: /s/ Barbara L. Marik                                                        

Name: Barbara L. Marik                                                          
Title: First Vice President                                                     
Date: February 28, 2007                                                         

(page)                                                                          

Exhibit A                                                                       

1122 Servicing Criteria                                                         
to be addressed in an Assessment of Compliance                                  

                                                        [Enlarge/Download Table]


Reg AB                                                    Servicing Criteria                          Servicing Criteria  
Reference                                                                                             Applicable to       
                                                                                                      LaSalle Bank        
                                                                                                      National Association

                                                   General Servicing Considerations                                       
                                                                                                                          

1122(d)(1)(i)   Policies and procedures are instituted to monitor any performance or other                     X          
                triggers and events of default in accordance with the transaction agreements.                             
                If any material servicing activities are outsourced to third parties, policies and             X          
1122(d)(1)(ii)  procedures are instituted to monitor the third party's performance and                                    
                compliance with such servicing activities.                                                                
1122(d)(1)(iii) Any requirements in the transaction agreements to maintain a                                              
                back-up servicer for the Pool Assets are maintained.                                                      
1122(d)(1)(iv)  A fidelity bond and errors and omissions policy is in                                          X          
                effect on the party participating in the servicing function                                               
                throughout the reporting period in the amount of coverage                                                 
                required by and otherwise in accordance with the terms of the                                             
                transaction agreements.                                                                                   
                                             Cash Collection and Administration                                           

1122(d)(2)(i)   Payments on pool assets are deposited into the                                                 X          
                appropriate custodial bank accounts and related bank clearing                                             
                accounts no more than two business days following receipt, or                                             
                such other number of days specified in the transaction                                                    
                agreements.                                                                                               
1122(d)(2)(ii)  Disbursements made via wire transfer on behalf of an obligor or to an investor                 X          
                are made only by authorized personnel.                                                                    
1122(d)(2)(iii) Advances of funds or guarantees regarding collections, cash flows or                           X          
                distributions, and any interest or other fees charged for such advances, are made,                        
                reviewed and approved as specified in the transaction agreements.                                         
1122(d)(2)(iv)  The related accounts for the transaction, such as cash reserve accounts or                     X          
                accounts established as a form of over collateralization, are separately                                  
                maintained (e.g., with respect to commingling of cash) as set forth in the                                
                transaction agreements.                                                                                   
1122(d)(2)(v)   Each custodial account is maintained at a federally insured depository institution             X          
                as set forth in the transaction agreements. For purposes of this criterion,                               
               "federally insured depository institution" with respect to a foreign financial                             
                institution means a foreign financial institution that meets the requirements of                          
                Rule 13k-1(b)(1) of the Securities Exchange Act.                                                          
1122(d)(2)(vi)  Unissued checks are safeguarded so as to prevent unauthorized access.                          X          
                Reconciliations are prepared on a monthly basis for all asset-backed securities                           
                related bank accounts, including custodial accounts and related bank clearing                             
                accounts. These reconciliations are (A) mathematically accurate; (B) prepared                             
                within 30 calendar days after the bank statement cutoff date, or such other                               
1122(d)(2)(vii) number of days specified in the transaction agreements; (C) reviewed and                       X          
                approved by someone other than the person who prepared the reconciliation; and                            
                (D) contain explanations for reconciling items. These reconciling items are                               
                resolved within 90 calendar days of their original identification, or such other                          
                number of days specified in the transaction agreements.                                                   

                                             Investor Remittances and Reporting                                           

1122(d)(3)(i)   Reports to investors, including those to be filed with the Commission, are                     X          
                maintained in accordance with the transaction agreements and applicable                                   
                Commission requirements. Specifically, such reports (A) are prepared in                                   
                with timeframes and other terms set forth in the transaction                                              

(page)                                                                                                                    

                agreements; (B) provide information calculated in accordance with the terms                               
                specified in the transaction agreements; (C) are filed with the Commission as                             
                required by its rules and regulations; and (D) agree with investors' or the                               
                indenture trustee's records as to the total unpaid principal balance and number of                        
                Pool Assets serviced by the related Servicer.                                                             
-1122(d)(3)(ii)  Amounts due to investors are allocated and remitted in accordance with                         X         
                timeframes, distribution priority and other terms set forth in the transaction                            
                agreements.                                                                                               
1122(d)(3)(iii) Disbursements made to an investor are posted within two business days to the                   X          
                related Servicer's investor records, or such other number of days specified in the                        
                transaction agreements.                                                                                   
1122(d)(3)(iv)  Amounts remitted to investors per the investor reports agree with cancelled                    X          
                checks, or other form of payment, or custodial bank statements.                                           

                                                      Pool Asset Administration                                           

1122(d)(4)(i)   Collateral or security on pool assets is maintained as required by the transaction             X          
                agreements or related pool asset documents.                                                               
1122(d)(4)(ii)  Pool assets and related documents are safeguarded as required by the transaction               X          
                agreements                                                                                                
1122(d)(4)(iii) Any additions, removals or substitutions to the asset pool are made, reviewed                  X          
                and approved in accordance with any conditions or requirements in the                                     
                transaction agreements.                                                                                   
1122(d)(4)(iv)  Payments on pool assets, including any payoffs, made in accordance with the                               
                related pool asset documents are posted to the related Servicer's obligor records                         
                maintained no more than two business days after receipt, or such other number                             
                of days specified in the transaction agreements, and allocated to principal,                              
                interest or other items (e.g., escrow) in accordance with the related pool asset                          
                documents.                                                                                                
1122(d)(4)(v)   The related Servicer's records regarding the pool assets agree with the related                           
                Servicer's records with respect to an obligor's unpaid principal balance.                                 
1122(d)(4)(vi)  Changes with respect to the terms or status of an obligor's pool assets (e.g., loan                       
                modifications or re-agings) are made, reviewed and approved by authorized                                 
                personnel in accordance with the transaction agreements and related pool asset                            
                documents.                                                                                                
1122(d)(4)(vii) Loss mitigation or recovery actions (e.g., forbearance plans, modifications and                           
                deeds in lieu of foreclosure, foreclosures and repossessions, as applicable) are                          
                initiated, conducted and concluded in accordance with the timeframes or other                             
                requirements established by the transaction agreements.                                                   
1122(d)(4)(viii)Records documenting collection efforts are maintained during the period a pool                            
                asset is delinquent in accordance with the transaction agreements. Such records                           
                are maintained on at least a monthly basis, or such other period specified in the                         
                transaction agreements, and describe the entity's activities in monitoring                                
                delinquent pool assets including, for example, phone calls, letters and payment                           
                rescheduling plans in cases where delinquency is deemed temporary (e.g.,                                  
                illness or unemployment).                                                                                 
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.                                                   
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.                                                                                               
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.                                        

(page)                                                                                                                    

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 related Servicer's funds and not charged                           
                to the obligor, unless the late payment was due to the obligor's error or                                 
                omission.                                                                                                 
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.                                                                  
1122(d)(4)(xiv) Delinquencies, charge-offs and uncollectible accounts are recognized and                                  
                recorded in accordance with the transaction agreements.                                                   
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                   X          
                transaction agreements.                                                                                   

(page)                                                                          

EXHIBIT B                                                                       
2006 Transactions                                                               

                                                        [Enlarge/Download Table]


Non-Specific Transactions                            Nominal Trustee Transactions                 
                                                                                                  
ACE Series 2006-GP1                                Bear Stearns Series 2006-PWR11                 
Banc of America Comm. Mtge Series 2006-2           Bear Stearns Series 2006-PWR12                 
Banc of America Comm. Mtge Series 2006-5           Bear Stearns Series 2006-PWR13                 
Bear Stearns Series 2006-AQ1                       Bear Stearns Series 2006-PWR14                 
Bear Stearns Series 2006-EC1                       Bear Stearns Series 2006-TOP22                 
Bear Stearns Series 2006-EC2                       Bear Stearns Series 2006-TOP24                 
Bear Stearns Series 2006-HE1                       GSAA Home Equity Trust 2006-14                 
Bear Stearns Series 2006-HE2                       GSAMP Series 2006-HE3                          
Bear Stearns Series 2006-HE3                       GSAMP Series 2006-HE4                          
Bear Stearns Series 2006-HE4                       GSAMP Series 2006-HE5                          
Bear Stearns Series 2006-HE5                       GSAMP Series 2006-HE6                          
Bear Stearns Series 2006-HE6                       GSAMP Series 2006-HE7                          
Bear Stearns Series 2006-HE7                       GSAMP Series 2006-HE8                          
Bear Stearns Series 2006-HE8                       JP Morgan Series 2006-LDP9                     
Bear Stearns Series 2006-HE9                       Morgan Stanley Series 2006-TOP21               
Bear Stearns Series 2006-HE10                      Morgan Stanley Series 2006-TOP23               
Bear Stearns Series 2006-PC1                       Morgan Stanley Capital I Series 2006-HQ10      
Bear Stearns ABS Series 2006-1                     Morgan Stanley Mtg Loan Trust Series 2006-16ARX
Bear Stearns Mortgage Funding Series 2006-SL1      Morgan Stanley Mtg Loan Trust Series 2006-1AR  
Bear Stearns Mortgage Funding Series 2006-SL2      Morgan Stanley Mtg Loan Trust Series 2006-3AR  
Bear Stearns Mortgage Funding Series 2006-SL3      Morgan Stanley Mtg Loan Trust Series 2006-5AR  
Bear Stearns Mortgage Funding Series 2006-SL4      Morgan Stanley Mtg Loan Trust Series 2006-6AR  
Bear Stearns Mortgage Funding Series 2006-SL5      Morgan Stanley Mtg Loan Trust Series 2006-8AR  
Bear Stearns Mortgage Funding Series 2006-SL6      Morgan Stanley Mtg Loan Trust Series 2006-9AR  
C-BASS Series 2006-CB7                             Morgan Stanley Mtg Loan Trust Series 2006-2    
C-BASS Series 2006-CB9                             Morgan Stanley Mtg Loan Trust Series 2006-7    
Citigroup Commercial Mortgage Trust Series 2006-C4 Morgan Stanley Mtg Loan Trust Series 2006-11   
Citigroup Commercial Mortgage Trust Series 2006-05 Morgan Stanley Mtg Loan Trust Series 2006-12XS 
CD 2006-CD3 Mortgage Trust                         Morgan Stanley Mtg Loan Trust Series 2006-13ARX
COMM Series 2006-C8                                Morgan Stanley Mtg Loan Trust Series 2006-15XS 
CSFB Commercial Mtg. Trust Series 2006-C4          Morgan Stanley Mtg Loan Trust Series 2006-17XS 
First Franklin MLT Series 2006-FF18                Thornburg Mtg Securities Trust Series 2006-1   
Greenwich Capital Series 2006-GG7                  Thornburg Mtg Securities Trust Series 2006-2   
GE Capital Comm Mtg. Corp. Series 2006-Cl          Thornburg Mtg Securities Trust Series 2006-3   
JP Morgan Series 2006-CIBC14                       Thornburg Mtg Securities Trust Series 2006-4   
JP Morgan Series 2006-CIBC15                       Thornburg Mtg Securities Trust Series 2006-5   
JP Morgan Series 2006-CIBC17                       Thornburg Mtg Securities Trust Series 2006-6   
JP Morgan Series 2006-LDP7                         ZUNI Trust Series 2006-OA1                     
JP Morgan Series 2006-LDP8                                                                        

EXHIBIT B (Continued)                                                           
2006 Transactions                                                               

                                                                [Download Table]


Custodian Only Transactions              Paying Agent Only Transactions    
                                                                           
Basic Asset Backed 2006-1                Washington Mutual Series 2006-AR2 
Credit Suisse AB Series 2006-1           Washington Mutual Series 2006-AR6 
Credit Suisse AB Series 2006-2           Washington Mutual Series 2006-AR7 
Credit Suisse AB Series 2006-3           Washington Mutual Series 2006-AR8 
Credit Suisse AB Series 2006-4           Washington Mutual Series 2006-AR9 
Credit Suisse ARMT Series 2006-1         Washington Mutual Series 2006-AR10
Credit Suisse ARMT Series 2006-2         Washington Mutual Series 2006-AR11
Credit Suisse ARMT Series 2006-3         Washington Mutual Series 2006-AR12
Credit Suisse HEMT Series 2006-1         Washington Mutual Series 2006-AR13
Credit Suisse HEMT Series 2006-2         Washington Mutual Series 2006-AR14
Credit Suisse HEMT Series 2006-3         Washington Mutual Series 2006-AR15
Credit Suisse HEMT Series 2006-4         Washington Mutual Series 2006-AR16
Credit Suisse HEMT Series 2006-5         Washington Mutual Series 2006-AR17
Credit Suisse HEMT Series 2006-6         Washington Mutual Series 2006-AR18
Credit Suisse Series 2006-1              Washington Mutual Series 2006-AR19
Credit Suisse Series 2006-2              Washington Mutual Series 2006-HE1 
Credit Suisse Series 2006-3              Washington Mutual Series 2006-HE2 
Credit Suisse Series 2006-4              Washington Mutual Series 2006-HE3 
Credit Suisse Series 2006-5              Washington Mutual Series 2006-HE4 
Credit Suisse Series 2006-6              Washington Mutual Series 2006-HE5 
Credit Suisse Series 2006-7              Washington Mutual WMALT 2006-AR1  
Credit Suisse Series 2006-8              Washington Mutual WMALT 2006-AR2  
Credit Suisse Series 2006-9              Washington Mutual WMALT 2006-AR3  
Credit Suisse HEAT Series 2006-1         Washington Mutual WMALT 2006-AR4  
Credit Suisse HEAT Series 2006-3         Washington Mutual WMALT 2006-AR5  
Credit Suisse HEAT Series 2006-4         Washington Mutual WMALT 2006-AR6  
Credit Suisse HEAT Series 2006-5         Washington Mutual WMALT 2006-AR7  
Credit Suisse HEAT Series 2006-6         Washington Mutual WMALT 2006-AR8  
Credit Suisse HEAT Series 2006-7         Washington Mutual WMALT 2006-AR9  
Credit Suisse HEAT Series 2006-8         Washington Mutual WMALT 2006-AR10 
Lehman Mortgage Trust Series 2006-1      Washington Mutual WMALT 2006-1    
Lehman Mortgage Trust Series 2006-4      Washington Mutual WMALT 2006-2    
Lehman Mortgage Trust Series 2006-5      Washington Mutual WMALT 2006-3    
Lehman Mortgage Trust Series 2006-6      Washington Mutual WMALT 2006-4    
Lehman Mortgage Trust Series 2006-7      Washington Mutual WMALT 2006-5    
Lehman Mortgage Trust Series 2006-8      Washington Mutual WMALT 2006-6    
Lehman Mortgage Trust Series 2006-9      Washington Mutual WMALT 2006-7    
Lehman XS Trust Series 2006-1            Washington Mutual WMALT 2006-8    
Lehman XS Trust Series 2006-3            Washington Mutual WMALT 2006-9    


(page)                                                                          

                                                                [Download Table]


Non-Specific Transactions                       Nominal Trustee Transactions      
                                                                                  
Lehman XS Trust Series 2006-8                                                     
Lehman XS Trust Series 2006-11                                                    
Lehman XS Trust Series 2006-15                                                    
Lehman XS Trust Series 2006-19                                                    
Lehman XS Trust Series 2006-20                                                    
Lehman Mortgage Trust Series 2006-2                                               
LB-UBS Comm. Mtge. Trust Series 2006-Cl                                           
LB-UBS Comm. Mtge. Trust Series 2006-C3                                           
LB-UBS Comm. Mtge. Trust Series 2006-C4                                           
LB-UBS Comm. Mtge. Trust Series 2006-C6                                           
LB-UBS Comm. Mtge. Trust Series 2006-C7                                           
Merrill Lynch Series 2006-MLN1                                                    
Merrill Lynch Series 2006-OPT1                                                    
Merrill Lynch Series 2006-WMC2                                                    
Merrill Lynch Series 2006-FF1                                                     
Merrill Lynch Countrywide Series 2006-1                                           
Merrill Lynch Countrywide Series 2006-2                                           
Merrill Lynch Countrywide Series 2006-3                                           
Merrill Lynch Countrywide Series 2006-4                                           
Merrill Lynch Series 2006-AHL1                                                    
Merrill Lynch Series 2006-AR1                                                     
Merrill Lynch Series 2006-FM1                                                     
Merrill Lynch Series 2006-HE2                                                     
Merrill Lynch Series 2006-HE3                                                     
Merrill Lynch Series 2006-HE4                                                     
Merrill Lynch Series 2006-HE5                                                     
Merrill Lynch Series 2006-HE6                                                     
Merrill Lynch Series 2006-RM1                                                     
Merrill Lynch Series 2006-RM2                                                     
Merrill Lynch Series 2006-RM3                                                     
Merrill Lynch Series 2006-RM4                                                     
Merrill Lynch Series 2006-RM5                                                     
Merrill Lynch Series 2006-SD1                                                     
Merrill Lynch Series 2006-SL1                                                     
Merrill Lynch Series 2006-SL2                                                     
Merrill Lynch Series 2006-Cl                                                      
Merrill Lynch Series 2006-C2                                                      
Morgan Stanley Capital I Series 2006-HQ8                                          
Morgan Stanley Capital I Series 2006-HQ9                                          
Morgan Stanley Capital I Series 2006-IQ11                                         
Morgan Stanley Capital I Series 2006-IQ12                                         
Morgan Stanley Mtg Loan Trust Series 2006-4SL                                     
Morgan Stanley Mtg Loan Trust Series 2006-10SL                                    
Morgan Stanley Mtg Loan Trust Series 2006-14SL                                    
OWNIT Mortgage Loan Trust Series 2006-3                                           
OWNIT Mortgage Loan Trust Series 2006-4                                           

(page)                                                                            

Custodian Only Transactions                         Paying Agent Only Transactions

Lehman XS Trust Series 2006-5                                                     
Lehman XS Trust Series 2006-7                                                     
Lehman XS Trust Series 2006-9                                                     
Lehman XS Trust Series 2006-10N                                                   
Lehman XS Trust Series 2006-12                                                    
Lehman XS Trust Series 2006-13                                                    
Lehman XS Trust Series 2006-17                                                    
Morgan Stanley Series 2006-HE1                                                    
Morgan Stanley Series 2006-HE2                                                    
Morgan Stanley Series 2006-HE3                                                    
Morgan Stanley Series 2006-HE4                                                    
Morgan Stanley Series 2006-HE5                                                    
Morgan Stanley Series 2006-HE6                                                    
Morgan Stanley Series 2006-HE7                                                    
Morgan Stanley Series 2006-HE8                                                    
Morgan Stanley HEL Series 2006-1                                                  
NYMC Series 2006                                                                  
SAIL 2006-1                                                                       
SAIL 2006-2                                                                       
SAIL 2006-3                                                                       
SAIL 2006-4                                                                       
SARM 2006-1                                                                       
SARM 2006-2                                                                       
SARM 2006-3                                                                       
SARM 2006-4                                                                       
SARM 2006-5                                                                       
SARM 2006-6                                                                       
SARM 2006-7                                                                       
SARM 2006-8                                                                       
SARM 2006-9                                                                       
SARM 2006-10                                                                      
SARM 2006-11                                                                      
SARM 2006-12                                                                      
SASCO 2006-BC1                                                                    
SASCO 2006-BC2                                                                    
SASCO 2006-BC3                                                                    
SASCO 2006-BC4                                                                    
SASCO 2006-BC5                                                                    
SASCO 2006-BC6                                                                    
SASCO 2006-S1                                                                     
SASCO 2006-S2                                                                     
SASCO 2006-S3                                                                     
SASCO 2006-S4                                                                     
Sequoia Alternative Loan Trust Series 2006-1                                      

Non-Specific Transactions                       Nominal Trustee Transactions      

OWNIT Mortgage Loan Trust Series 2006-5                                           
OWNIT Mortgage Loan Trust Series 2006-6                                           
OWNIT Mortgage Loan Trust Series 2006-7                                           
SACO I Trust Series 2006-1                                                        
SACO I Trust Series 2006-2                                                        
SACO I Trust Series 2006-3                                                        
SACO I Trust Series 2006-4                                                        
SACO I Trust Series 2006-5                                                        
SACO I Trust Series 2006-6                                                        
SACO I Trust Series 2006-7                                                        
SACO I Trust Series 2006-8                                                        
SACO I Trust Series 2006-9                                                        
SACO I Trust Series 2006-10                                                       
SACO I Trust Series 2006-12                                                       
SATURNS Series 2006-1                                                             
SATURNS Series 2006-2                                                             
TILES Series 2006-1                                                               
Wachovia Bank CMT Series 2006-C24                                                 

Custodian Only Transactions                     Paying Agent Only Transactions    


EX-33 (c)                                                                   
MANAGEMENT'S ASSERTION ON                                                       

COMPLIANCE WITH REGULATION AB CRITERIA                                          

For Wells Fargo Bank, National Association, as Master Servicer                  

Principal Global Investors, LLC, in its capacity as Primary Servicer (the       
"Asserting Party") is responsible for assessing compliance for the transactions 
listed on Attachment A for the period January 1, 2006 through December 31, 2006,
except as noted on Attachment A (the "Reporting Period") with the servicing     
criteria set forth in Title 17, Section 229.1122(d) of the Code of Federal      
Regulations (the "CFR"), except for the criteria set forth in Sections          
229.1122(d)(1)(ii)-(iii), 229.1122(d)(3)(i)-(iv), 229.1122(d)(4)(ix), and       
229.1122(d)(4)(xv), in the CFR, which the Asserting Party has concluded are not 
applicable to the servicing of the transactions listed on Attachment A, backed  
by commercial mortgage loans and primarily serviced by the Asserting Party      
(the "Applicable Servicing Criteria").                                          

The Asserting Party has assessed compliance with the Applicable Servicing       
Criteria for the Reporting Period and has concluded that the Asserting Party has
complied, in all material respects, with the Applicable Servicing Criteria for  
the transactions listed on Attachment A backed by commercial mortgages          
primarily serviced by the Asserting Party.                                      

Ernst & Young 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.     

Principal Global Investors, LLC, as Primary Servicer                            

By: /s/ Steven Johnson                                                          
Steven Johnson                                                                  
Managing Director                                                               

Date: 2-19-07                                                                   

(page)                                                                          

Attachment A                                                                    
Commercial Mortgage Pass-Through Certificates                                   
Wells Fargo Bank, National Association, as Master Servicer                      

Series 1999-LIFE1 dated August 1, 1999                                          
Series 2000- LIFE1 dated March 1, 2000                                          
Series 2000-PRIN dated September 1, 2000                                        
Series 2000-LIFE2 dated October 1, 2000                                         
Series 2001-TOP1 dated February 1, 2001                                         
Series 2001-TOP2 dated May 1, 2001                                              
Series 2001-TOP3 dated July 1, 2001                                             
Series 2001-TOP4 dated November 1, 2001                                         
Series 2001-TOP5 dated December 1, 2001                                         
Series 2002-TOP6 dated March 1, 2002                                            
Series 2002-TOP7 dated June 1, 2002                                             
Series 2002-TOP8 dated October 1, 2002                                          
Series 2003-Top9 dated February 1, 2003                                         
Series 2003-Top10 dated April 1, 2003                                           
Series 2003-Top11 dated August 1, 2003                                          
Series 2003-Top12 dated October 1, 2003                                         
Series 2004-Top13 dated February 1, 2004                                        
Series 2004-Top14 dated April 1, 2004                                           
Series 2004-IQ7 dated May 1, 2004                                               
Series 2004-Top 15 dated July 1, 2004                                           
Series 2004-IQ8 dated August 1, 2004                                            
Series 2004-Top16 dated November 1, 2004                                        
Series 2005-Top17 dated January 1, 2005                                         
Series 2005-IQ9 dated February 1, 2005                                          
Series 2005-Top18 dated April 1, 2005                                           
Series 2005-PWR 8 dated June 1, 2005                                            
Series 2005-Top19 dated July 1, 2005                                            
Series 2005-PWR9 dated September 2005                                           
Series 2005-Top20 dated October 1, 2005                                         
Series 2005 HQ7 dated November 1, 2005                                          
Series 2005 PWR10 dated December 1, 2005                                        
Series 2006-Top21 dated January 1, 2006                                         
Series 2006 PWR11 dated March 1, 2006                                           
Series 2006-Top22 dated April 1, 2006                                           
Series 2006 PWR12 dated June 1, 2006                                            
Series 2006-Top23 dated August 1, 2006                                          
Series 2006-HQ9 dated August 1, 2006                                            
Series 2006 PWR13 dated September 1, 2006                                       
Series 2006-Top24 dated October 1, 2006                                         
Series 2006 PWR14 dated December 1, 2006                                        

EX-33 (d)                                                                   
(logo) WELLS FARGO                                                              

Commercial Mortgage                                                             
Servicing                                                                       
MAC A0357-030                                                                   
P.O.Box 4036, Concord, Ca 94524                                                 
1320 Willow Pass Road, Suite 300                                                
Concord, CA                                                                     
800 986-9711                                                                    

Management Assessment                                                           

Management of the Commercial Mortgage Servicing Group of Wells Fargo Bank, N.A. 
(the "Company") is responsible for assessing the Company's compliance, as of and
for the year ended December 31, 2006, with the servicing criteria set forth in  
Item 1122(d) of the Securities and Exchange Commission's Regulation AB to the   
extent applicable to the obligations of the Company related to servicing        
commercial mortgage loans securitized in commercial mortgage backed securities  
transactions. Management's assessment has been made with respect to those       
commercial mortgage loans which the Company services and which belong to loan   
pools underlying the commercial mortgage backed securities transactions         
identified on Appendix A (the "Platform").                                      

In making its assessment, management used the servicing criteria in paragraph   
(d) of Item 1122 of Regulation AB except for the servicing criteria set forth in
subparagraphs (d)(1)(iii), (d)(2)(ii), (d)(3)(i)-(iv), (d)(4)(ii) and           
(d)(4)(xv), which the Company has determined are not applicable to the          
servicing activities it performs with respect to the Platform.                  

With respect to the servicing criteria set forth in subparagraphs (d)(4)(xi) and
(d)(4)(xii) of Item 1122(d) of Regulation AB, the Company has engaged a vendor  
to perform certain activities covered by these servicing criteria. The Company  
has determined that this vendor is not considered a "servicer" as defined in    
Item 1101(j) of Regulation AB, and the Company's management has elected to take 
responsibility for assessing compliance with the servicing criteria applicable  
to this vendor as permitted by Interpretation 17.06 of the SEC Division of      
Corporation Finance Manual of Publicly Available Telephone Interpretations      
("Interpretation 17.06"). As permitted by Interpretation 17.06, management has  
asserted that it has policies and procedures in place designed to provide       
reasonable assurance that such vendor's activities comply in all material       
respects with the servicing criteria applicable to such vendor.                 

Based on its assessment, management believes that, as of and for the year ended 
December 31, 2006, the Company has complied in all material respects with the   
servicing criteria set forth in Item 1122(d) of Regulation AB of the Securities 
and Exchange Commission that are applicable to the servicing of the Platform.   

(page)                                                                          

KPMG LLP, a registered public accounting firm, has issued an attestation report 
with respect to management's assessment of compliance with the applicable       
servicing criteria as of and for the year ended December 31, 2006               

/s/ Kathryn O'Neal                                                              
Kathryn O'Neal                                                                  
Managing Director,                                                              
Head of Commercial Mortgage Servicing                                           
Wells Fargo Bank, N.A.                                                          

/s/ James B. Scanlon                                                            
James B. Scanlon                                                                
Vice President                                                                  
Wells Fargo Bank, N.A.                                                          

Date: March 15, 2007                                                            

(page)                                                                          

Management Assessment - Appendix A                                              

                                                                [Download Table]

INV #  DEAL NAME        2006 10K FILER                                    
                                                                          
621    MSCI 2006-TOP21  Wells Fargo Bank N.A. as Paying Agent             
581    BSCM 2006-PWR11  Wells Fargo Bank N.A. as Certificate Administrator
568    MSCI 2006-HQ8    LaSalle Bank N.A. as Paying Agent                 
622    BSCM 2006-TOP22  Wells Fargo Bank N.A. as Paying Agent             
700    MLMT 2006-C1     LaSalle Bank N.A. as Certificate Administrator    
569    MSCI 2006-IQ11   LaSalle Bank N.A. as Trustee                      
751    JPM 2006-CIBC15  La Salle Bank N.A. as Paying Agent                
582    BSCM 2006-PWR12  Wells Fargo Bank N.A. as Certificate Administrator
623    MSCI 2006-TOP23  Wells Fargo Bank N.A. as Paying Agent             
752    MSCI 2006-HQ9    LaSalle Bank N.A. as Paying Agent                 
583    BSCM 2006-PWR13  Wells Fargo Bank N.A. as Certificate Administrator
753    JPM 2006-LDP8    LaSalle Bank N.A. as Trustee                      
624    BSCM 2006-TOP24  Wells Fargo Bank N.A. as Paying Agent             
754    MSCI 2006-HQ10   Wells Fargo Bank N.A. as Paying Agent             
755    JPM 2006-CIBC17  LaSalle Bank N.A. as Paying Agent                 
756    MLCFC 2006-4     LaSalle Bank N.A. as Trustee                      
584    BSCM 2006-PWR14  Wells Fargo Bank N.A. as Certificate Administrator

EX-33 (e)                                                                   
(logo) WELLS FARGO                                                              

Corporate Trust Services                                                        
9062 Old Annapolis Road                                                         
Columbia, MD 21045-1951                                                         
410 884-2000                                                                    
410 715-2380 Fax                                                                

Wells Fargo Bank, N.A.                                                          

ASSESSMENT OF COMPLIANCE WITH APPLICABLE SERVICING CRITERIA                     

Corporate Trust Services division of Wells Fargo Bank, National Association (the
"Company") provides this assessment of compliance with the following applicable 
servicing criteria set forth in Item 1122(d) of Regulation AB promulgated by    
the Securities and Exchange Commission. Management has determined that the      
servicing criteria are applicable in regards to the servicing platform for the  
period as follows:                                                              

Platform: Publicly-issued (i.e., transaction-level reporting initially required 
under the Securities Exchange Act of 1934, as amended) residential              
mortgage-backed securities, commercial mortgage-backed securities and other     
asset-backed securities, for which the Company provides master servicing,       
trustee, securities administration or paying agent services, excluding          
transactions issued by any agency or instrumentality of the U.S. government or  
any government sponsored entity (the "Platform").                               

Applicable Servicing Criteria: All servicing criteria set forth in Item 1122(d),
to the extent required in the related transaction agreements or required by the 
Item 1122(d) servicing criteria in regards to the activities performed by the   
Company, except for the following criteria: 1122(d)(1)(iii), 1122(d)(4)(ii),    
1122(d)(4)(iv), 1122(d)(4)(v), 1122(d)(4)(viii), 1122(d)(4)(ix), 1122(d)(4)(x), 
1122(d)(4)(xi), 1122(d)(4)(xii) and 1122(d)(4)(xiii), which management has      
determined are not applicable to the activities the Company performs with       
respect to the Platform (the "Applicable Servicing Criteria").                  

Period: Twelve months ended December 31, 2006 (the "Period").                   

Third parties classified as vendors: With respect to servicing criteria         
1122(d)(4)(i), the Company has engaged various vendors to handle certain Uniform
Commercial Code filing functions required by the servicing criteria ("vendors").
The Company has determined that none of the vendors is a "servicer" as defined  
in Item 1101(j) of Regulation AB, and the Company elects to take responsibility 
for assessing compliance with the portion of the servicing criteria applicable  
to each vendor as permitted by Interpretation 17.06 of the SEC Division of      
Corporation Finance Manual of Publicly Available Telephone Interpretations      
("Interpretation 17.06"). The Company has policies and procedures in place to   
provide reasonable assurance that each vendor's activities comply in all        
material respects with the servicing criteria applicable to each vendor. The    
Company is solely responsible for determining that it meets the SEC requirements
to apply Interpretation 17.06 for the vendors and related criteria.             

With respect to the Platform and the Period, the Company provides the following 
assessment of compliance with respect to the Applicable Servicing Criteria:     

1. The Company is responsible for assessing its compliance with the Applicable  
Servicing Criteria.                                                             

2. The Company has assessed compliance with the Applicable Servicing Criteria,  
including servicing criteria for which compliance is determined based on        
Interpretation 17.06 as described above, as of and for the Period. In performing
this assessment, management used the criteria set forth by the Securities and   
Exchange Commission in paragraph (d) of Item 1122 of Regulation AB.             

3. Other than as identified on Schedule A hereto, as of and for the Period, the 
Company was in material compliance with the Applicable Servicing Criteria. Any  
material instances of noncompliance by a vendor of which the Company is aware   
and any material deficiency in the Company's policies and procedures to monitor 
vendors' compliance that the Company has identified is specified on Schedule A  
hereto.                                                                         

KPMG LLP, a registered public accounting firm, has issued an attestation        
report with respect to the Company's foregoing assessment of compliance as of   
and for the Period.                                                             

WELLS FARGO BANK, NATIONAL ASSOCIATION                                          

By:/s/ Brian Bartlett                                                           
Brian Bartlett                                                                  

Its:   Executive Vice President                                                 

Dated: March 1, 2007                                                            

(page)                                                                          

(logo) WELLS FARGO                                                              

Corporate Trust Services                                                        
9062 Old Annapolis Road                                                         
Columbia, MD 21045-1951                                                         
410 884-2000                                                                    
410 715-2380 Fax                                                                

Wells Fargo Bank, N.A.                                                          

Schedule A                                                                      

Material Instances of Noncompliance by the Company                              

1122(d)(3)(i)- Delinquency Reporting - During the reporting period, certain     
monthly investor or remittance reports included errors in the calculation and/or
the reporting of delinquencies for the pool assets, which errors may or may not 
have been material. All such errors were the result of data processing errors   
and/or the mistaken interpretation of data provided by other parties            
participating in the servicing function. All necessary adjustments to data      
processing systems and/or interpretive clarifications have been made to correct 
those errors and to remedy related procedures.                                  

Material instances of Noncompliance by any Vendor                               

NONE                                                                            

Material Deficiencies In Company's Policies and Procedures to Monitor Vendors'  
Compliance                                                                      

NONE                                                                            

EX-34 (a)                                                                   
(logo) Deloitte                                                                 

Deloitte & Touche LLP                                                           
Two World Financial Center                                                      
New York, NY 10281-1414                                                         
USA                                                                             

Tel: +1 212 436 2000                                                            
Fax: +1 212 436 5000                                                            
www.deloitte.com                                                                

Report of Independent Registered Public Accounting Firm                         

To the Board of Directors of                                                    
ARCap Servicing, Inc.                                                           

We have examined management's assertion, included in the accompanying           
Management's Report on Assessment of Compliance with Servicing Criteria, that   
ARCap Servicing, Inc. (the "Company") complied with the servicing criteria set  
forth in Item 1122 (d) of the Securities and Exchange Commission's (the "SEC")  
Regulation AB for the SEC Regulation AB Regulated Transactions Servicing        
Platform (the "Platform") as of and for the year ended December 31, 2006,       
excluding the following criteria 1122(d)(1)(iii), (d)(2)(ii), (d)(3)(i) -       
(d)(3)(iv), (d)(4)(ii), and (d)(4)(xv), which management has determined are not 
applicable to the activities performed by the Company with respect to the       
Platform. Appendix A to management's assertion identifies the individual        
asset-backed transactions defined by management as constituting the Platform.   
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 servicing criteria based on our         
examination.                                                                    

Our examination was conducted in accordance with attestation standards          
established by the American Institute of Certified Public Accountants, as       
adopted by 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 the Platform, determining whether  
the Company performed those selected 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 specific asset-backed transaction included in the    
Platform. 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 the Company complied with the       
aforementioned applicable servicing criteria as of and for the year ended       
December 31, 2006 for the SEC Regulation AB Regulated Transactions Servicing    
Platform is fairly stated, in all material respects.                            

/s/ Deloitte & Touche LLP                                                       

March 14, 2007                                                                  

Member of                                                                       
Deloitte Touche Tohmatsu                                                        

EX-34 (b)                                                                   
Report of Independent Registered Public Accounting Firm                         

We have examined management's assertion, included in the accompanying           
Management's Assertion on Compliance with Item 1122 Criteria, that LaSalle Bank 
National Association ("LBNA" or "the Company"), a wholly owned subsidiary of    
LaSalle Bank Corporation, complied with the servicing criteria set forth in Item
1122 (d) of the Securities and Exchange Commission's Regulation AB for all new  
Asset Backed Securities, Commercial Mortgage Backed Securities and Residential  
Mortgage Backed Securities securitization trust transactions subsequent to      
January 1, 2006, to the extent subject to Regulation AB for which LBNA is       
trustee ("the Platform"), as of and for the year ended December 31, 2006, except
for those criteria which the Company has determined are not applicable to the   
activities performed by them with respect to the Platform covered by this       
report. See Exhibit A of management's assertion for a list of servicing criteria
determined by the Company to be applicable to the activities performed by them  
with respect to the Platform. As indicated in the Management's Assertion on     
Compliance with Item 1122 Criteria, management's assertion for servicing        
criteria 1122(d)(3)(i)(A) and (B) covers only the information in reports to     
investors that is specifically required by the respective transaction           
agreements, and not to any additional information included in reports to        
investors that is not required by the respective transaction agreements.        
Management is responsible for the Company's compliance with the servicing       
criteria listed in Exhibit A. Our responsibility is to express an opinion on    
management's assertion about the Company's compliance with the servicing        
criteria based on our examination.                                              

Our examination was conducted in accordance with 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 and performing such other procedures as we considered        
necessary in the circumstances. Our examination included testing of less than   
all of the individual mortgage transactions and securities that comprise the    
platform, testing of less than all of the servicing activities related to the   
Platform, and determining whether the Company processed those selected          
transactions and performed those selected activities in compliance with the     
servicing criteria. Furthermore, our procedures were limited to the selected    
transactions and servicing activities performed by the Company during the period
covered by this report. Our procedures were not designed to determine whether   
errors may have occurred either prior to or subsequent to our tests that may    
have affected the balances or amounts calculated or reported by the Company     
during the period covered by this report for the selected transactions or any   
other transactions. 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 the Company complied with the       
aforementioned servicing criteria as of and for the year ended December 31, 2006
for the Platform, is fairly stated, in all material respects.                   

/s/ Ernst & Young LLP                                                           

February 28, 2007                                                               
Chicago, Illinois                                                               

EX-34 (c)                                                                   
(logo) ERNST & YOUNG                                                            

Ernst & Young LLP                                                               
Suite 3000                                                                      
801 Grand Avenue                                                                
Des Moines, Iowa 50309-2764                                                     

Phone: (515) 243-2727                                                           
www.ey.com                                                                      

Report of Independent Registered Public Accounting Firm                         

To the Board of Directors                                                       
Principal Global Investors                                                      

We have examined management's assertion, included in the accompanying           
Management's Assertion On Compliance With Regulation AB Criteria for Wells Fargo
Bank, National Association, as Master Servicer, that Principal Global Investors,
LLC (the Company) complied with the servicing criteria set forth in Item 1122   
(d) of the Securities and Exchange Commission's Regulation AB for the commercial
mortgage backed securities platform as of and for the year ended December 31,   
2006, except for 1122 (d)(1)(ii)-(iii), 1122 (d)(3)(i)-(iv), 1122 (d)(4)(ix),   
and 1122 (d)(4)(xv), which the Company has determined are not applicable to the 
activities performed by them with respect to the servicing platform covered by  
this report. See Attachment A of Management's Assertion On Compliance With      
Regulation AB Criteria for Wells Fargo Bank, National Association, as Master    
Servicer for the asset backed transactions covered by this platform. Management 
is responsible for the Company's compliance with those servicing criteria. Our  
responsibility is to express an opinion on management's assertion about the     
Company's compliance with the servicing criteria based on our examination.      

Our examination was conducted in accordance with 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 and performing such other procedures as we considered        
necessary in the circumstances. Our examination included testing of less than   
all of the individual asset backed transactions and securities that comprise the
platform, testing of less than all of the servicing activities related to the   
Platform, and determining whether the Company processed those selected          
transactions and performed those selected activities in compliance with the     
servicing criteria. Furthermore, our procedures were limited to the selected    
transactions and servicing activities performed by the Company during the period
covered by this report. Our procedures were not designed to determine whether   
errors may have occurred either prior to or subsequent to our tests that may    
have affected the balances or amounts calculated or reported by the Company     
during the period covered by this report for the selected transactions or any   
other transactions. 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 the Company complied with the       
aforementioned servicing criteria as of and for the year ended December 31,     
2006, for the Commercial Mortgage Backed Securities platform is fairly stated,  
in all material respects.                                                       

/s/ Ernst & Young LLP                                                           

February 19, 2007                                                               

A member firm of Ernst & Young Global Limited                                   

EX-34 (d)                                                                   
(logo) KPMG                                                                     

KPMG LLP                                                                        
55 Second Street                                                                
San Francisco, CA 94105                                                         

Report of Independent Registered Public Accounting Firm                         

The Board of Directors Wells Fargo Bank, N.A.:                                  

We have examined management's assessment, included in the accompanying          
Management Assessment, that the Commercial Mortgage Servicing Group of Wells    
Fargo Bank, N.A. (the Company) complied with the servicing criteria set forth in
Item 1122(d) of the Securities and Exchange Commission's Regulation AB for      
commercial mortgage loans securitized in commercial mortgage backed securities  
transactions (the Platform), except for servicing criteria (d)(1)(iii),         
(d)(2)(ii), (d)(3)(i)-(iv), (d)(4)(ii), and (d)(4)(xv), which the Company has   
determined are not applicable to the activities it performs with respect to the 
Platform, as of and for the year ended December 31, 2006. Appendix A to         
Management's Assessment identifies the individual asset-backed transactions and 
securities defined by management as constituting the Platform. Management is    
responsible for the Company's compliance with those servicing criteria. Our     
responsibility is to express an opinion on management's assessment about the    
Company's compliance 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    
servicing criteria specified above and performing such other procedures as we   
considered necessary in the circumstances. Our examination included testing of  
less than all of the individual asset-backed transactions and securities that   
comprise the Platform, testing of less than all of the servicing activities     
related to the Platform, and determining whether the Company processed those    
selected transactions and performed those selected activities in compliance with
the servicing criteria. Furthermore, our procedures were limited to the selected
transactions and servicing activities performed by the Company during the period
covered by this report. Our procedures were not designed to determine whether   
errors may have occurred either prior to or subsequent to our tests that may    
have affected the balances or amounts calculated or reported by the Company     
during the period covered by this report for the selected transactions or any   
other transactions. 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.                               

As described in the accompanying Management Assessment, for servicing criteria  
1122(d)(4)(xi) and 1122(d)(4)(xii), the Company has engaged a vendor to perform 
the activities required by these servicing criteria. The Company has determined 
that this vendor is not considered a "servicer" as defined in Item 1101(j) of   
Regulation AB, and the Company has elected to take responsibility for assessing 
compliance with the servicing criteria applicable to the vendor as permitted by 
Interpretation 17.06 of the SEC Division of Corporation Finance Manual of       
Publicly Available Telephone Interpretations ("Interpretation 17.06"). As       
permitted by Interpretation 17.06, the Company has asserted that it has policies
and procedures in place designed to provide reasonable assurance that the       
vendor's activities comply in all material                                      

KPMG LLP, a U.S. limited liability partnership, is the U.S. member firm of KPMG 
International, a Swiss cooperative.                                             

(page)                                                                          

(logo) KPMG                                                                     

respects with the servicing criteria applicable to the vendor. The Company is   
solely responsible for determining that it meets the SEC requirements to apply  
Interpretation 17.06 for the vendor and related criteria as described in its    
assertion, and we performed no procedures with respect to the Company's         
eligibility to apply Interpretation 17.06.                                      

In our opinion, management's assessment that the Company complied with the      
aforementioned servicing criteria, including servicing criteria 1122(d)(4)(xi)  
and 1122(d)(4)(xii) for which compliance is determined based on Interpretation  
17.06 as described above, is fairly stated as of and for the year ended December
31, 2006 in all material respects.                                              

/s/ KPMG LLP                                                                    

San Francisco, California                                                       
March 15, 2007                                                                  

2                                                                               

EX-34 (e)                                                                   
(logo) KPMG                                                                     

KPMG LLP                                                                        
303 East Wacker Drive                                                           
Chicago, IL 60801-5212                                                          

Report of Independent Registered Public Accounting Firm                         

The Board of Directors                                                          
The Corporate Trust Services division of Wells Fargo Bank, National Association:

We have examined the compliance of the Corporate Trust Services division of     
Wells Fargo Bank, National Association (the Company) with the servicing criteria
set forth in Item 1122(d) of the Securities and Exchange Commission's Regulation
AB for publicly-issued (i.e., transaction-level reporting initially required    
under the Securities Exchange Act of 1934, as amended) residential              
mortgage-backed securities, commercial mortgage-backed securities and other     
asset-backed securities, for which the Company provides master servicing,       
trustee, securities administration or paying agent services, excluding          
transactions issued by any agency or instrumentality of the U.S. government or  
any government sponsored entity (the Platform), except for servicing criteria   
1122(d)(1)(iii), 1122(d)(4)(ii), 1122(d)(4)(iv), 1122(d)(4)(v),                 
1122(d)(4)(viii), 1122(d)(4)(ix), 1122(d)(4)(x), 1122(d)(4)(xi),                
1122(d)(4)(xii) and 1122(d)(4)(xiii), which the Company has determined are not  
applicable to the activities it performs with respect to the Platform, as of and
for the twelve months ended December 31, 2006. Management is responsible for the
Company's compliance with those servicing criteria. Our responsibility is to    
express an opinion on management's assertion about the Company's compliance     
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    
servicing criteria specified above and performing such other procedures as we   
considered necessary in the circumstances. Our examination included testing of  
less than all of the individual asset-backed transactions and securities that   
comprise the Platform, testing of less than all of the servicing activities     
related to the Platform, and determining whether the Company processed those    
selected transactions and performed those selected activities in compliance with
the servicing criteria. Furthermore, our procedures were limited to the selected
transactions and servicing activities performed by the Company during the period
covered by this report. Our procedures were not designed to determine whether   
errors may have occurred either prior to or subsequent to our tests that may    
have affected the balances or amounts calculated or reported by the Company     
during the period covered by this report for the selected transactions or any   
other transactions. 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.                               

As described in the accompanying management's Assessment of Compliance With     
Applicable Servicing Criteria, for servicing criteria 1122(d)(4)(i), the Company
has engaged various vendors to perform the activities required by these         
servicing criteria. The Company has determined that these vendors are not       
considered a "servicer" as defined in Item 1101(j) of Regulation AB, and the    
Company has elected to take responsibility for assessing compliance with the    
servicing criteria applicable to each vendor as permitted by Interpretation     
17.06 of the SEC Division of Corporation Finance Manual of Publicly Available   
Telephone Interpretations ("Interpretation 17.06"). As permitted by             
Interpretation 17.06, the Company has asserted that it has policies and         

KPMG LLP, a U.S. limited liability partnership, in the U.S. member firm         
of KPMG International, a Swiss cooperative.                                     

(page)                                                                          

(logo) KPMG                                                                     

procedures in place designed to provide assurance that the vendors' activities  
comply in all material respects with the servicing criteria applicable to each  
vendor. The Company is solely responsible for determining that it meets the SEC 
requirements to apply Interpretation 17.06 for the vendors and related criteria 
as described in its assertion, and we performed no procedures with respect to   
the Company's eligibility to apply Interpretation 17.06.                        

Our examination disclosed material noncompliance with criterion 1122(d)(3)(i),  
as applicable to the Company during the twelve months ended December 31, 2006.  
Certain monthly investor or remittance reports included errors in the           
calculation and/or the reporting of delinquencies for the pool assets.          

In our opinion, except for the material non-compliance described above, the     
Company complied, in all material respects, with the aforementioned servicing   
criteria, including servicing criteria for which compliance is determined based 
on Interpretation 17.06 as discussed above, as of and for the twelve months     
ended December 31, 2006.                                                        

/s/ KPMG LLP                                                                    

Chicago, IL 60601                                                               
March 1, 2007                                                                   

EX-35 (a)                                                                   
OFFICER'S CERTIFICATE                                                           
ARCap SERVICING, INC.                                                           

The undersigned, Paul Smyth, President and Chief Operating Officer of ARCap     
Servicing, Inc., the Subservicer under that certain Subservicing Agreement dated
as of October 1, 2006 between Wells Fargo Bank, National Association            
("Master Servicer") and ARCap Servicing, Inc. ("Subservicer) to be entered into 
in connection with that certain Pooling and Servicing Agreement relating to the 
Bear Stearns Commercial Mortgage Securities Inc., Commercial Mortgage           
Pass-Through Certificates, Series 2006-TOP24 hereby certifies as follows:       

1.       a review of the activities of the Subservicer's activities during the  
most recently ended calendar year and of its performance under this Agreement   
has been made under the undersigned officer's supervision; and                  

2.       to the best of the undersigned's knowledge, based on such review, the  
Subservicer has fulfilled all of its obligations under the Subservicing         
Agreement in all material respects throughout such year, or portion thereof or  
if there has been a failure to fulfill any such obligation in any material      
respect, has specified each such failure and the nature and status thereof.     

Capitalized terms not otherwise defined herein shall have the meanings given    
them in the Servicing Agreement.                                                

IN WITNESS WHEREOF, as of the 7th day of March, 2007, I have hereunto signed my 
name.                                                                           

/s/Paul Smyth                                                                   
Paul Smyth                                                                      
President and                                                                   
Chief Operating Officer of                                                      
ARCap Servicing, Inc.,                                                          
a Delaware coporation                                                           

EX-35 (d)                                                                   
(logo) Principal Global Investors                                               

Statement of Compliance                                                         

To Wells Fargo Bank National Association, Master Servicer of Commercial Mortgage
Pass-Through Certificates, (see Attachment A):                                  

I, Steven Johnson, in my capacity as Managing Director of Principal Global      
Investors, LLC, as a Primary Servicer for mortgage loans securing securities    
issued in conjunction with Commercial Mortgage Pass-Through Certificates,       
(see Attachment A), hereby state that:                                          

1.      I am an officer of Principal Global Investors, LLC;                     
2.      I have reviewed the activities and performance of Principal Global      
      Investors, LLC in its capacity as Primary Servicer during the calendar
year ending December 31, 2006; and                              
3.      To the best of my knowledge, Principal Global Investors, LLC, as Primary
      Servicer has fulfilled all of its obligations in all material respects
  under the Primary Servicing Agreement for said Commercial Mortgage
Pass-Through Certificates, (see Attachment A) throughout the    
above-referenced calendar year.                                 

/s/ Steven Johnson                                                              
Steven Johnson, Managing Director                                               
Principal Global Investors, LLC                                                 
Date: 2/23/07                                                                   

A member of the Principal Financial Group                                       

(page)                                                                          

Attachment A                                                                    
Commercial Mortgage Pass-Through Certificates                                   
Wells Fargo Bank, National Association, as Master Servicer                      

Series 1999-LIFE1 dated August 1, 1999                                          
Series 2000- LIFE1 dated March 1, 2000                                          
Series 2000-PRIN dated September 1, 2000                                        
Series 2000-LIFE2 dated October 1, 2000                                         
Series 2001-TOP1 dated February 1, 2001                                         
Series 2001-TOP2 dated May 1, 2001                                              
Series 2001-TOP3 dated July 1, 2001                                             
Series 2001-TOP4 dated November 1, 2001                                         
Series 2001-TOP5 dated December 1, 2001                                         
Series 2002-TOP6 dated March 1, 2002                                            
Series 2002-TOP7 dated June 1, 2002                                             
Series 2002-TOP8 dated October 1, 2002                                          
Series 2003-Top9 dated February 1, 2003                                         
Series 2003-Top10 dated April 1, 2003                                           
Series 2003-Top11 dated August 1, 2003                                          
Series 2003-Top12 dated October 1, 2003                                         
Series 2004-Top13 dated February 1, 2004                                        
Series 2004-Top14 dated April 1, 2004                                           
Series 2004-IQ7 dated May 1, 2004                                               
Series 2004-Top15 dated July 1, 2004                                            
Series 2004-IQ8 dated August 1, 2004                                            
Series 2004-Top16 dated November 1, 2004                                        
Series 2005-Top17 dated January 1, 2005                                         
Series 2005-IQ9 dated February 1, 2005                                          
Series 2005-Top18 dated April 1, 2005                                           
Series 2005-PWR 8 dated June 1, 2005                                            
Series 2005-Top19 dated July 1, 2005                                            
Series 2005-PWR9 dated September 2005                                           
Series 2005-Top20 dated October 1, 2005                                         
Series 2005 HQ7 dated November 1, 2005                                          
Series 2005 PWR10 dated December 1, 2005                                        
Series 2006-Top21 dated January 1, 2006                                         
Series 2006 PWR11 dated March 1, 2006                                           
Series 2006-Top22 dated April 1, 2006                                           
Series 2006-PWR12 dated June 1, 2006                                            
Series 2006-Top23 dated August 1, 2006                                          
Series 2006-HQ9 dated August 1, 2006                                            
Series 2006-PWR13 dated September 1, 2006                                       
Series 2006-Top24 dated October 1, 2006                                         
Series 2006-PWR14 dated December 1, 2006                                        

EX-35 (e)                                                                   
(logo) WELLS FARGO                                                              

ANNUAL STATEMENT AS TO COMPLIANCE                                               
OFFICER'S CERTIFICATE                                                           

RE: Bear Stearns Commercial Mortgage Securities Inc., Commercial                
Mortgage Pass-Through Certificates, Series 2006-TOP24                           

In accordance with Section 13.9 of the Pooling and Servicing                    
Agreement, (the "Agreement") dated October 1, 2006 executed by and              
between Bear Stearns Commercial Mortgage Securities Inc., (as                   
"Depositor"), Wells Fargo Bank, National Association, (as "Master               
Servicer"), ARCap Servicing, Inc., (as "Special Servicer"), LaSalle             
Bank National Association, (as "Trustee"), Wells Fargo Bank, National           
Association, (as "Paying Agent" and "Certificate Registrar"), as                
authorized officer of the Master Servicer, Wells Fargo Bank, National           
Association, I certify that (A) a review of the activities of the Master        
Servicer during the preceding calendar year or portion thereof and of           
the performance of the Master Servicer under this Agreement has                 
been made under such officer's supervision and (B) to the best of               
such officer's knowledge, based on such review, the Master Servicer             
has fulfilled all its obligations under this Agreement in all material          
respects throughout such year or portion thereof, or, if there has been         
a failure to fulfill any such obligation in any material respect,               
specifying each such failure known to such officer and the nature and           
status thereof.                                                                 

Wells Fargo Bank, National Association                                          
"Master Servicer"                                                               

/s/ James B. Scanlon                                                            
James B. Scanlon                                                                
Vice President                                                                  
Wells Fargo Bank National Association                                           

EX-35 (f)                                                                   
(logo) WELLS FARGO                                                              

Corporate Trust Services                                                        
MAC N2702-011                                                                   
9062 Old Annapolis Road                                                         
Columbia, MD 21045                                                              
410 884-2000                                                                    
410 715-2380 Fax                                                                

Wells Fargo Bank, N.A.                                                          

March 17, 2007                                                                  

Bear Stearns Commercial Mortgage Sec Inc.                                       
383 Madison Ave                                                                 
New York, NY 10179                                                              

Attn: Christopher Hoeffel                                                       

RE: Annual Statement As To Compliance for Bear Stearns Commercial Mortgage      
Securities Trust 2006-TOP24                                                     

Per Section 13.9 of the Pooling and Servicing Agreement, dated as of 10/1/2006, 
the undersigned Officer of Wells Fargo Bank, N.A., (Paying Agent), hereby       
certifies the following for the 2006 calendar year or portion thereof:          

(i)  a review of such Certifying Servicer's activities during the preceding     
calendar year or portion thereof and of such Certifying Servicer's    
performance under this Agreement, or the applicable sub-servicing     
agreement or primary servicing agreement in the case of an Additional 
Servicer, has been made under such officer's supervision and          

(ii) to the best of such officer's knowledge, based on such review, such        
     Certifying Servicer has fulfilled all its obligations under this Agreement,
     or the applicable sub-servicing agreement or primary servicing agreement in
 the case of an Additional Servicer, in all material respects throughout
  such year or portion thereof, or, if there has been a failure to fulfill
   any such obligation in any material respect, specifying each such failure
known to such officer and the nature and status thereof.              

Certified By:                                                                   
/s/ Judith J. Rishel                                                            
Judith J. Rishel                                                                
Vice President                                                                  

Certified By:                                                                   
/s/ Gordon Johnson                                                              
Gordon Johnson, Assistant Secretary                                             

Dates Referenced Herein   and   Documents Incorporated by Reference

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Filed on:		4/2/07
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		2/19/07
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