VS 2012 - Error Loading new CRM Solution "system cannot find the file specified"

We are using Dynamics CRM 2015 On-Premise. I have CRM SDK 2013 installed for VS 2012. When trying to create a new CRM Solution, after connecting to the CRM Server and clicking OK, I get the below error message. Any help would be appreciated.

"System.IO.FileNotFoundException: The System cannot find the file specified (Exception from HRESULT:0x80070002) at EnvDTE100.Solution4.GetProjectTemplate(String TemplateName, String Language) at Microsoft.CrmDeveloperTools.TemplateExtensions.CRMTemplateExtension.RunFinished()"

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