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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event
reported) January 6, 2000
J.P. Morgan Commercial Mortgage Finance Corp.
(Exact Name of Registrant as Specified in Charter)
<TABLE>
<CAPTION>
<S> <C> <C>
Delaware 333-87441 13-3789046
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(State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Identification No.)
Incorporation)
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60 Wall Street
New York, New York 10260
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(Address of Principal Executive
Offices and Zip Code)
Registrant's telephone number, including area code (212) 648-3060
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<PAGE>
Item 5. Other Events
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Filing of Collateral Term Sheet.
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In connection with the proposed offering of J.P. Morgan Commercial
Mortgage Finance Corp. (the "Company") Mortgage Pass-Through Certificates,
Series 2000-C9, J.P. Morgan Securities Inc. and ABN AMRO Incorporated
(together, the "Underwriters") have prepared certain materials (the
"Collateral Term Sheet") for distribution to their potential investors.
Although the Company provided the Underwriters with certain information
regarding the characteristics of the mortgage loans in the related portfolio,
it did not participate in the preparation of the Collateral Term Sheet.
The Collateral Term Sheet is attached hereto as Exhibit 99. These
Collateral Term Sheet supercede any prior collateral information which may
have been previously filed with the Securities and Exchange Commission.
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Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
The following is filed herewith. The exhibit number corresponds with
Item 601(b) of Regulation S-K.
Exhibit No Description
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99 Collateral Term Sheet
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
J.P. Morgan Commercial Mortgage
Finance CORP.
By:/s/ Clive Bull
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Name: Clive Bull
Title: Vice President
Dated: January 10, 2000
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Exhibit Index
Exhibit Page
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99 Collateral Term Sheet 6
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EXHIBIT 99
JPMC 2000 C9 QUESTION RESPONSES
Client: Eric Gould, Met Life
Salesperson: Jack Fields
Date: January 6, 2000
Responder: Theresa Dooley
The following are responses to some of the questions on JPMC 2000-C9 collateral.
These responses are derived directly from information contained in the
preliminary prospectus.
1. Page S-19 states that appraisals were completed on each property
between the years of 1997 and 1999. The percentage by allocated current
loan balance for each year is as follows:
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% of Allocated
Year No. of Properties Current Balance
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1997 3 1.7%
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1998 16 8.1%
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1999 145 90.1%
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2. The three Holiday Inn properties were identified as follows:
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% of
Allocated
Loan Current
Number Property Name Balance Property Type
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15.2 Holiday Inn Express - Pineville 0.5% Limited Service
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79 Oshawa Holiday Inn 0.4% Full Service
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127 Holiday Inn - Clarksville 0.2% Full Service
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3. California represents 17.9% of the pool by allocated current loan
balance. If a California property is within a ZIP code greater than
93600, it is designated as Northern California, otherwise it is
considered Southern California.
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% of California
No. of % of Allocated Allocated Current
Location Properties Current Balance Balance
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Northern 4 2.1% 11.8%
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Southern 22 15.7% 88.2%
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4. An environmental site assessment of each of the mortgage properties was
performed (in some cases, prior assessments were updated) in connection
with the initial underwriting and origination of the mortgage loans.
(page S-17)
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Additional information is available upon request. Information herein is believed
to be reliable but J.P. Morgan and ABN AMRO Incorporated do not warrant its
completeness or accuracy. These materials are subject to change from time to
time without notice. Past performance is not indicative of future results. Any
description of the mortgage loans contained herein supersedes any previous
collateral information and will be superseded by collateral information
subsequently delivered and the final prospectus relating to the securities.
These materials are not intended as an offer or solicitation with respect to the
purchase or sale of any security, and have been provided to you for
informational purposes only and may not be relied upon by you in evaluating the
merits of investing in the securities. Any investment decision with respect to
the securities should be made by you based solely upon the information contained
in the final prospectus relating to the securities. No assurance or
representation can be made as to the actual rate or timing of principal payments
or prepayments on any of the mortgage loans or the performance characteristics
of the securities. This information was prepared in reliance on information
regarding the mortgage loans furnished by the seller of the mortgage loans. J.P.
Morgan and ABN AMRO Incorporated and/or its affiliates and employees may hold a
position or act as market maker in the financial instruments of any issuer
discussed herein or act as underwriter, placement agent, advisor or lender to
such issuer. J.P. Morgan Securities Inc. and ABN AMRO Incorporated are members
of SIPC. Copyright 2000 J.P. Morgan & Co. Incorporated. Clients should contact
analysts at and execute transactions through a J.P. Morgan or ABN AMRO
Incorporated entity in their home jurisdiction unless governing law permits
otherwise.
<PAGE>
5. The dollar amounts for the following reserve accounts were collected at
origination:
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Reserve Account Total Collected
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Repairs & Remediation $4,803,259
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TI/LC $3,031,318
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Environmental $88,980
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Other $4,680,910
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Total $12,604,468
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The dollar amounts for the following escrow accounts are collected monthly:
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Monthly Escrow Total Collected
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Capital Expenses $347,325
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TI/LC $274,155
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Environmental $350
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Other $2,264
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TED
__________________
Additional information is available upon request. Information herein is believed
to be reliable but J.P. Morgan and ABN AMRO Incorporated do not warrant its
completeness or accuracy. These materials are subject to change from time to
time without notice. Past performance is not indicative of future results. Any
description of the mortgage loans contained herein supersedes any previous
collateral information and will be superseded by collateral information
subsequently delivered and the final prospectus relating to the securities.
These materials are not intended as an offer or solicitation with respect to the
purchase or sale of any security, and have been provided to you for
informational purposes only and may not be relied upon by you in evaluating the
merits of investing in the securities. Any investment decision with respect to
the securities should be made by you based solely upon the information contained
in the final prospectus relating to the securities. No assurance or
representation can be made as to the actual rate or timing of principal payments
or prepayments on any of the mortgage loans or the performance characteristics
of the securities. This information was prepared in reliance on information
regarding the mortgage loans furnished by the seller of the mortgage loans. J.P.
Morgan and ABN AMRO Incorporated and/or its affiliates and employees may hold a
position or act as market maker in the financial instruments of any issuer
discussed herein or act as underwriter, placement agent, advisor or lender to
such issuer. J.P. Morgan Securities Inc. and ABN AMRO Incorporated are members
of SIPC. Copyright 2000 J.P. Morgan & Co. Incorporated. Clients should contact
analysts at and execute transactions through a J.P. Morgan or ABN AMRO
Incorporated entity in their home jurisdiction unless governing law permits
otherwise.
