COMMERCIAL MORTGAGE ACCEPTANCE CORP SERIES 1999-C1 TRUST
8-K, 1999-10-27
ASSET-BACKED SECURITIES
Previous: TRITON PCS HOLDINGS INC, S-1MEF, 1999-10-27
Next: MORGAN STANLEY DEAN WITTER SE EQ TR SE 5 IN PORT 99-5, 497, 1999-10-27



                       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) October 15, 1999


         TRUST CREATED BY COMMERCIAL MORTGAGE ACCEPTANCE CORPORATION
                     (under a Pooling & Servicing Agreement
                  dated as of July 1, 1999, which Trust is
                the issuer of Commercial Mortgage Pass-Through
                          Certificates, Series 1999-C1)
            (Exact name of Registrant as specified in its Charter)





     New York                     333-51817-02                   52-2128227
(State or Other Jurisdiction      (Commission                 (I.R.S. Employer
of Formation)                      File No.)               Identification No.)

LaSalle Bank, N.A., Trustee,
Corporate Trust Department
135 S. LaSalle Street, Suite 1625
Chicago, IL                                                       60674-4107
Attention:  Asset-Backed Securities Trust Services                (Zip Code)
            CMAC Series 1999-C1
(Address of principal executive office)

Registrant's telephone number, including area code:   (800)246-5761


                         The Exhibit Index is on page 2.









                                    Page - 1
<PAGE>

ITEM 5.     OTHER EVENTS

      Attached hereto is a copy of the October 15, 1999, Monthly Remittance
Statement provided to the Certificateholders by the Trustee.


ITEM 7.     FINANCIAL STATEMENTS AND EXHIBITS

    Exhibits

    Monthly Remittance Statement to the Certificateholders dated as of
    October 15, 1999.

    Loan data files as of the October 1999 Determination Date

                                    SIGNATURE


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


                             MIDLAND LOAN SERVICES, INC., not in its individual
                             capacity but solely as a duly authorized  agent of
                             the  Registrant  pursuant  to Section 3.20 of the
                             Pooling & Servicing Agreement dated as of July
                             1, 1999

                             By:   Midland Loan Services,  Inc.,




                              /s/ Lawrence D. Ashley

                              By: Lawrence D. Ashley
                              Title: Senior Vice President

Date: October 15, 1999


                                  EXHIBIT INDEX

                                                                   Sequential
Document                                                           Page Number

Monthly Remittance Statement to the Certificateholders                   3
dated as of October 15, 1999

Loan data file as of the October 1999 Determination Date                29


                                    Page - 2

ABN AMRO                                         Statement Date       10/15/99
LaSalle Bank N.A.                                Payment Date:        10/15/99
Administrator:                                   Prior Payment:       09/15/99
  Kori Sumser  (800) 246-5761                    Record Date:         09/30/99
  135 S. LaSalle Street   Suite 1625
  Chicago, IL   60674-4107                       WAC:                  7.7369%
                                                 WAMM:                     164

                Commercial Mortgage Acceptance Corp., Depositor
                  Midland Loan Services, Inc., Master Servicer
            Orix Real Estate Capital Markets, LLC, Special Servicer
         Commercial Mortgage Pass-Through Certificates, Series 1999-C1

                          ABN AMRO Acct: 67-8184-70-6

Information is available for this issue from the following sources
LaSalle Web Site                           www.lnbabs.com

LaSalle Bulletin Board                     (714) 282-3990
LaSalle ASAP Fax System                    (714) 282-5518
Bloomberg                                  User Terminal

ASAP #:                                                427
Monthly Data File Name:                    0427MMYY.EXE

<TABLE>
                                   REMIC III
<CAPTION>
                          Original              Opening            Principal
Class                  Face Value (1)           Balance             Payment
CUSIP                    Per $1,000            Per $1,000         Per $1,000
<S>                   <C>                  <C>                <C>
A-1 ...............     133,500,000.00       132,368,575.38         715,369.04
201728DZ2 .........     1000.000000000        991.524909213        5.358569588
A-2 ...............     409,513,000.00       409,513,000.00               0.00
201728EA6 .........     1000.000000000       1000.000000000        0.000000000
X .................    733,801,915.00N       732,670,490.38               0.00
201728EG3 .........     1000.000000000        998.458133460        0.000000000
B .................      33,021,000.00        33,021,000.00               0.00
201728EB4 .........     1000.000000000       1000.000000000        0.000000000
C .................      34,856,000.00        34,856,000.00               0.00
201728EC2 .........     1000.000000000       1000.000000000        0.000000000
D .................      11,007,000.00        11,007,000.00               0.00
201728ED0 .........     1000.000000000       1000.000000000        0.000000000
E .................      23,848,000.00        23,848,000.00               0.00
201728EE8 .........     1000.000000000       1000.000000000        0.000000000
F .................      12,842,000.00        12,842,000.00               0.00
201728EF5 .........     1000.000000000       1000.000000000        0.000000000
G .................       1,834,000.00         1,834,000.00               0.00
201728EH1 .........     1000.000000000       1000.000000000        0.000000000
H .................      12,842,000.00        12,842,000.00               0.00
201728EJ7 .........     1000.000000000       1000.000000000        0.000000000
J .................      20,179,000.00        20,179,000.00               0.00
201728EK4 .........     1000.000000000       1000.000000000        0.000000000
K .................       5,504,000.00         5,504,000.00               0.00
201728EL2 .........     1000.000000000       1000.000000000        0.000000000
L .................       7,338,000.00         7,338,000.00               0.00
201728EM0 .........     1000.000000000       1000.000000000        0.000000000
M .................       9,172,000.00         9,172,000.00               0.00
201728EN8 .........     1000.000000000       1000.000000000        0.000000000
N .................       5,504,000.00         5,504,000.00               0.00
201728EP3 .........     1000.000000000       1000.000000000        0.000000000
O .................       3,669,000.00         3,669,000.00               0.00
201728EQ1 .........     1000.000000000       1000.000000000        0.000000000
P .................       9,172,915.00         9,172,915.00               0.00
201728ER9 .........     1000.000000000       1000.000000000        0.000000000
RIII ..............               0.00                 0.00               0.00
9ABSC620 ..........     1000.000000000          0.000000000        0.000000000
- -------------------   ----------------     ----------------   ----------------
                        733,801,915.00       732,670,490.38         715,369.04
                      ================     ================   ================
<FN>
(1) N denotes notional balance not included in total
</FN>
</TABLE>

                                    Page - 3
<PAGE>
                              REMIC III, Continued

                          Principal            Negative            Closing
Class                   Adj. or Loss         Amortization          Balance
CUSIP                    Per $1,000           Per $1,000         Per $1,000

A-1 ...............               0.00                 0.00     131,653,206.34
201728DZ2 .........        0.000000000          0.000000000      986.166339625
A-2 ...............               0.00                 0.00     409,513,000.00
201728EA6 .........        0.000000000          0.000000000     1000.000000000
X .................               0.00                 0.00     731,955,121.34
201728EG3 .........        0.000000000          0.000000000      997.483253147
B .................               0.00                 0.00      33,021,000.00
201728EB4 .........        0.000000000          0.000000000     1000.000000000
C .................               0.00                 0.00      34,856,000.00
201728EC2 .........        0.000000000          0.000000000     1000.000000000
D .................               0.00                 0.00      11,007,000.00
201728ED0 .........        0.000000000          0.000000000     1000.000000000
E .................               0.00                 0.00      23,848,000.00
201728EE8 .........        0.000000000          0.000000000     1000.000000000
F .................               0.00                 0.00      12,842,000.00
201728EF5 .........        0.000000000          0.000000000     1000.000000000
G .................               0.00                 0.00       1,834,000.00
201728EH1 .........        0.000000000          0.000000000     1000.000000000
H .................               0.00                 0.00      12,842,000.00
201728EJ7 .........        0.000000000          0.000000000     1000.000000000
J .................               0.00                 0.00      20,179,000.00
201728EK4 .........        0.000000000          0.000000000     1000.000000000
K .................               0.00                 0.00       5,504,000.00
201728EL2 .........        0.000000000          0.000000000     1000.000000000
L .................               0.00                 0.00       7,338,000.00
201728EM0 .........        0.000000000          0.000000000     1000.000000000
M .................               0.00                 0.00       9,172,000.00
201728EN8 .........        0.000000000          0.000000000     1000.000000000
N .................               0.00                 0.00       5,504,000.00
201728EP3 .........        0.000000000          0.000000000     1000.000000000
O .................               0.00                 0.00       3,669,000.00
201728EQ1 .........        0.000000000          0.000000000     1000.000000000
P .................               0.00                 0.00       9,172,915.00
201728ER9 .........        0.000000000          0.000000000     1000.000000000
RIII ..............               0.00                 0.00               0.00
9ABSC620 ..........        0.000000000          0.000000000        0.000000000
- -------------------   ----------------     ----------------   ----------------
                                  0.00                 0.00     731,955,121.34
                      ================     ================   ================

Total P&I Payment                                                 5,376,949.99
                                                                  ============

                                    Page - 4
<PAGE>
<TABLE>
                              REMIC III, Continued
<CAPTION>
                           Interest           Interest            Pass-Through
Class                      Payment            Adjustment            Rate (2)
CUSIP                     Per $1,000         Per $1,000           Next Rate (3)
<S>                   <C>                  <C>                <C>
A-1 ...............         748,985.52                 0.00         6.79000000%
201728DZ2 .........        5.610378427          0.000000000         6.79000000%
A-2 ...............       2,399,063.66                 0.00         7.03000000%
201728EA6 .........        5.858333337          0.000000000         7.03000000%
X .................         376,967.92                 0.00         0.61741467%
201728EG3 .........        0.513718910          0.000000000         0.83783966%
B .................         198,126.00                 0.00         7.20000000%
201728EB4 .........        6.000000000          0.000000000         7.20000000%
C .................         211,358.13                 0.00         7.27650200%
201728EC2 .........        6.063751721          0.000000000         7.52590443%
D .................          67,660.96                 0.00         7.37650200%
201728ED0 .........        6.147084583          0.000000000         7.62590443%
E .................         151,762.75                 0.00         7.63650200%
201728EE8 .........        6.363751677          0.000000000         7.88590443%
F .................          81,723.30                 0.00         7.63650200%
201728EF5 .........        6.363751752          0.000000000         7.88590443%
G .................          11,671.12                 0.00         7.63650200%
201728EH1 .........        6.363751363          0.000000000         7.88590443%
H .................          72,664.32                 0.00         6.79000000%
201728EJ7 .........        5.658333593          0.000000000         6.79000000%
J .................         114,179.51                 0.00         6.79000000%
201728EK4 .........        5.658333416          0.000000000         6.79000000%
K .................          31,143.47                 0.00         6.79000000%
201728EL2 .........        5.658333939          0.000000000         6.79000000%
L .................          41,520.85                 0.00         6.79000000%
201728EM0 .........        5.658333333          0.000000000         6.79000000%
M .................          51,898.23                 0.00         6.79000000%
201728EN8 .........        5.658332970          0.000000000         6.79000000%
N .................          31,143.47                 0.00         6.79000000%
201728EP3 .........        5.658333939          0.000000000         6.79000000%
O .................     20760.43000000                 0.00         6.79000000%
201728EQ1 .........               5.66          0.000000000         6.79000000%
P .................     50951.31000000              -952.10         6.79000000%
201728ER9 .........               5.55         -0.103794704         6.79000000%
RIII ..............        0.000000000                 0.00               --
9ABSC620 ..........               0.00          0.000000000               --
                      ----------------     ----------------   ----------------
                          4,661,580.95              -952.10               0.00
                      ================     ================   ================
<FN>
(2)  Interest Paid minus Interest Adjustment minus Deferred Interest equals
     Accrual.
(3)  Estimated
</FN>
</TABLE>

                                    Page - 5
<PAGE>
<TABLE>
                                    REMIC II
<CAPTION>
                          Original              Opening            Principal
Class                  Face Value (1)           Balance             Payment
CUSIP                    Per $1,000            Per $1,000         Per $1,000
<S>                   <C>                  <C>                <C>
A-1-II ............     133,500,000.00       132,368,575.38         715,369.04
None ..............     1000.000000000        991.524909213        5.358569588
A-2-II ............     409,513,000.00       409,513,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
B-II ..............      33,021,000.00        33,021,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
C-II ..............      34,856,000.00        34,856,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
D-II ..............      11,007,000.00        11,007,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
E-II ..............      23,848,000.00        23,848,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
F-II ..............      12,842,000.00        12,842,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
G-II ..............       1,834,000.00         1,834,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
H-II ..............      12,842,000.00        12,842,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
J-II ..............      20,179,000.00        20,179,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
K-II ..............       5,504,000.00         5,504,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
L-II ..............       7,338,000.00         7,338,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
M-II ..............       9,172,000.00         9,172,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
N-II ..............       5,504,000.00         5,504,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
O-II ..............       3,669,000.00         3,669,000.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
P-II ..............       9,172,915.00         9,172,915.00               0.00
None ..............     1000.000000000       1000.000000000        0.000000000
RII ...............              0.00N                 0.00               0.00
9ABSC602 ..........     1000.000000000          0.000000000        0.000000000
- -------------------   ----------------     ----------------   ----------------
                        733,801,915.00       732,670,490.38         715,369.04
                      ================     ================   ================
<FN>
(1) N denotes notional balance not included in total
</FN>
</TABLE>

                                    Page - 6
<PAGE>
                               REMIC II, Continued

                          Principal            Negative            Closing
Class                   Adj. or Loss         Amortization          Balance
CUSIP                    Per $1,000           Per $1,000         Per $1,000

A-1-II ............               0.00                 0.00     131,653,206.34
None ..............        0.000000000          0.000000000      986.166339625
A-2-II ............               0.00                 0.00     409,513,000.00
None ..............        0.000000000          0.000000000     1000.000000000
B-II ..............               0.00                 0.00      33,021,000.00
None ..............        0.000000000          0.000000000     1000.000000000
C-II ..............               0.00                 0.00      34,856,000.00
None ..............        0.000000000          0.000000000     1000.000000000
D-II ..............               0.00                 0.00      11,007,000.00
None ..............        0.000000000          0.000000000     1000.000000000
E-II ..............               0.00                 0.00      23,848,000.00
None ..............        0.000000000          0.000000000     1000.000000000
F-II ..............               0.00                 0.00      12,842,000.00
None ..............        0.000000000          0.000000000     1000.000000000
G-II ..............               0.00                 0.00       1,834,000.00
None ..............        0.000000000          0.000000000     1000.000000000
H-II ..............               0.00                 0.00      12,842,000.00
None ..............        0.000000000          0.000000000     1000.000000000
J-II ..............               0.00                 0.00      20,179,000.00
None ..............        0.000000000          0.000000000     1000.000000000
K-II ..............               0.00                 0.00       5,504,000.00
None ..............        0.000000000          0.000000000     1000.000000000
L-II ..............               0.00                 0.00       7,338,000.00
None ..............        0.000000000          0.000000000     1000.000000000
M-II ..............               0.00                 0.00       9,172,000.00
None ..............        0.000000000          0.000000000     1000.000000000
N-II ..............               0.00                 0.00       5,504,000.00
None ..............        0.000000000          0.000000000     1000.000000000
O-II ..............               0.00                 0.00       3,669,000.00
None ..............        0.000000000          0.000000000     1000.000000000
P-II ..............               0.00                 0.00       9,172,915.00
None ..............        0.000000000          0.000000000     1000.000000000
RII ...............               0.00                 0.00               0.00
9ABSC602 ..........        0.000000000          0.000000000        0.000000000
- -------------------   ----------------     ----------------   ----------------
                                  0.00                 0.00     731,955,121.34
                      ================     ================   ================

Total P&I Payment                                                 5,376,949.99
                                                                  ============

                                    Page - 7
<PAGE>
<TABLE>
                              REMIC II, Continued
<CAPTION>
                           Interest           Interest            Pass-Through
Class                      Payment            Adjustment            Rate (2)
CUSIP                     Per $1,000         Per $1,000           Next Rate (3)
<S>                   <C>                  <C>                <C>
A-1-II ............         842,360.74                 0.00         7.63650200%
None ..............        6.309818277          0.000000000         7.88590443%
A-2-II ............       2,606,039.04                 0.00         7.63650200%
None ..............        6.363751676          0.000000000         7.88590443%
B-II ..............         210,137.44                 0.00         7.63650200%
None ..............        6.363751552          0.000000000         7.88590443%
C-II ..............         221,814.93                 0.00         7.63650200%
None ..............        6.363751721          0.000000000         7.88590443%
D-II ..............          70,045.81                 0.00         7.63650200%
None ..............        6.363751249          0.000000000         7.88590443%
E-II ..............         151,762.75                 0.00         7.63650200%
None ..............        6.363751677          0.000000000         7.88590443%
F-II ..............          81,723.30                 0.00         7.63650200%
None ..............        6.363751752          0.000000000         7.88590443%
G-II ..............          11,671.12                 0.00         7.63650200%
None ..............        6.363751363          0.000000000         7.88590443%
H-II ..............          81,723.30                 0.00         7.63650200%
None ..............        6.363751752          0.000000000         7.88590443%
J-II ..............         128,414.14                 0.00         7.63650200%
None ..............        6.363751425          0.000000000         7.88590443%
K-II ..............          35,026.09                 0.00         7.63650200%
None ..............        6.363751817          0.000000000         7.88590443%
L-II ..............          46,697.21                 0.00         7.63650200%
None ..............        6.363751703          0.000000000         7.88590443%
M-II ..............          58,368.33                 0.00         7.63650200%
None ..............        6.363751635          0.000000000         7.88590443%
N-II ..............          35,026.09                 0.00         7.63650200%
None ..............        6.363751817          0.000000000         7.88590443%
O-II ..............          23,348.60                 0.00         7.63650200%
None ..............        6.363750341          0.000000000         7.88590443%
P-II ..............          57,422.06              -952.09         7.63650200%
None ..............        6.259957712         -0.103793614         7.88590443%
RII ...............               0.00                 0.00               --
9ABSC602 ..........        0.000000000          0.000000000               --
- -------------------   ----------------     ----------------   ----------------
                          4,661,580.95              -952.09               --
                      ================     ================   ================
<FN>
(2)  Interest Paid minus Interest Adjustment minus Deferred Interest equals
     Accrual.
(3)  Estimated
</FN>
</TABLE>

                                    Page - 8
<PAGE>
<TABLE>
                                     REMIC I
<CAPTION>
                          Original              Opening            Principal
Class                  Face Value (1)           Balance             Payment
CUSIP                    Per $1,000            Per $1,000         Per $1,000
<S>                   <C>                  <C>                <C>
Remic I Interest ..     733,801,915.00       732,670,490.38         715,369.04
None ..............     1000.000000000        998.458133460        0.974880312
RI ................              0.00N                 0.00               0.00
9ABSC601 ..........     1000.000000000          0.000000000        0.000000000
- -------------------   ----------------     ----------------   ----------------
                        733,801,915.00       732,670,490.38         715,369.04
                      ================     ================   ================
<FN>
(1) N denotes notional balance not included in total
</FN>
</TABLE>

                               REMIC I, Continued

                          Principal            Negative            Closing
Class                   Adj. or Loss         Amortization          Balance
CUSIP                    Per $1,000           Per $1,000         Per $1,000

Remic I Interest ..               0.00                 0.00     731,955,121.34
None ..............        0.000000000          0.000000000      997.483253147
RI ................               0.00                 0.00               0.00
9ABSC601 ..........        0.000000000          0.000000000        0.000000000
- -------------------   ----------------     ----------------   ----------------
                                  0.00                 0.00     731,955,121.34
                      ================     ================   ================

Total P&I Payment                                                 5,376,949.99
                                                                  ============

<TABLE>
                               REMIC I, Continued
<CAPTION>
                           Interest           Interest            Pass-Through
Class                      Payment            Adjustment            Rate (2)
CUSIP                     Per $1,000         Per $1,000           Next Rate (3)
<S>                   <C>                  <C>                <C>
Remic I Interest ..       4,661,580.95              -952.12         7.63650200%
None ..............        6.352642116         -0.001297516         7.88590443%
RI ................               0.00                 0.00
9ABSC601 ..........        0.000000000          0.000000000
                      ----------------     ----------------   ----------------
                          4,661,580.95              -952.12               0.00
                      ================     ================   ================
<FN>
(2)  Interest Paid minus Interest Adjustment minus Deferred Interest equals
     Accrual.
(3)  Estimated
</FN>
</TABLE>

                                    Page - 9
<PAGE>
                           OTHER RELATED INFORMATION

<TABLE>
                               RATINGS INFORMATION
<CAPTION>
                                                               Ratings Change/Change Date (3)
                              Original Ratings (1) (2)      -----------------------------------
                            ----------------------------          DCR               Moody's
Class      CUSIP            DCR     Moody's  Fitch   S&P    ---------------     ---------------
<S>           <C>          <C>      <C>      <C>     <C>    <C>     <C>         <C>     <C>
A-1 ......    201728DZ2     AAA      Aaa      X       X         0    01/00/00       0    01/00/00
A-2 ......    201728EA6     AAA      Aaa      X       X         0    01/00/00       0    01/00/00
X ........    201728EG3     AAA      Aaa      X       X         0    01/00/00       0    01/00/00
B ........    201728EB4      AA      Aa2      X       X         0    01/00/00       0    01/00/00
C ........    201728EC2      A        A2      X       X         0    01/00/00       0    01/00/00
D ........    201728ED0      A-       A3      X       X         0    01/00/00       0    01/00/00
E ........    201728EE8     BBB      Baa2     X       X         0    01/00/00       0    01/00/00
F ........    201728EF5     BBB-     Baa3     X       X         0    01/00/00       0    01/00/00
G ........    201728EH1      NR       NR      X       X         0    01/00/00       0    01/00/00
H ........    201728EJ7      NR       NR      X       X         0    01/00/00       0    01/00/00
J ........    201728EK4      NR       NR      X       X         0    01/00/00       0    01/00/00
K ........    201728EL2      NR       NR      X       X         0    01/00/00       0    01/00/00
L ........    201728EM0      NR       NR      X       X         0    01/00/00       0    01/00/00
M ........    201728EN8      NR       NR      X       X         0    01/00/00       0    01/00/00
N ........    201728EP3      NR       NR      X       X         0    01/00/00       0    01/00/00
O ........    201728EQ1      NR       NR      X       X         0    01/00/00       0    01/00/00
P ........    201728ER9      NR       NR      X       X         0    01/00/00       0    01/00/00
<FN>
(1)  NR - Designates that the class was not rated by the rating agency
(2)  X - Designates that the rating agency did not rate any of the classes at the time of issuance
(3)  Changed ratings provided on this report are based on information provided by the applicable rating agency via electronic
       transmission.  It shall be understood that this transmission will generally have been provided to LaSalle within 30 days
       of the payment date listed on this statement.  Because ratings may have changed during the 30 day window, or may not be
       being provided by the rating agency in an electronic format and therefore not being updated on this report, LaSalle
       recommends that investors obtain current rating information directly from the rating agency.
</FN>
</TABLE>

<TABLE>
                           OTHER RELATED INFORMATION
<CAPTION>
                      Accrued     Allocation of     Beginning      Payment of       Ending           Yield
                    Certificate  Prepay Interest     Unpaid       Prior Unpaid      Unpaid         Maintenance       Prepayment
Class                 Interest      Shortfall        Interest       Interest        Interest         Premium           Premiums
<S>                <C>             <C>             <C>             <C>             <C>             <C>              <C>
A-1 ......           748,985.52            0.00            0.00            0.00            0.00            0.00                0.00
A-2 ......         2,399,063.66            0.00            0.00            0.00            0.00            0.00                0.00
X ........           376,967.92            0.00            0.00            0.00            0.00            0.00                0.00
B ........           198,126.00            0.00            0.00            0.00            0.00            0.00                0.00
C ........           211,358.13            0.00            0.00            0.00            0.00            0.00                0.00
D ........            67,660.96            0.00            0.00            0.00            0.00            0.00                0.00
E ........           151,762.75            0.00            0.00            0.00            0.00            0.00                0.00
F ........            81,723.30            0.00            0.00            0.00            0.00            0.00                0.00
G ........            11,671.12            0.00            0.00            0.00            0.00            0.00                0.00
H ........            72,664.32            0.00            0.00            0.00            0.00            0.00                0.00
J ........           114,179.51            0.00            0.00            0.00            0.00            0.00                0.00
K ........            31,143.47            0.00            0.00            0.00            0.00            0.00                0.00
L ........            41,520.85            0.00            0.00            0.00            0.00            0.00                0.00
M ........            51,898.23            0.00            0.00            0.00            0.00            0.00                0.00
N ........            31,143.47            0.00            0.00            0.00            0.00            0.00                0.00
O ........            20,760.43            0.00            0.00            0.00            0.00            0.00                0.00
P ........            51,903.41            0.00            0.00            0.00          952.10            0.00                0.00
                   ------------    ------------    ------------    ------------    ------------    ------------        ------------
                   4,662,533.05            0.00            0.00            0.00          952.10            0.00                0.00
                   ============    ============    ============    ============    ============    ============        ============
</TABLE>

                                    Page - 10
<PAGE>
                                     LOSSES

       Prior Period              Current Period                  Total
 -----------------------    -----------------------    -----------------------
  Realized      Excess       Realized      Excess       Realized      Excess
   Losses       Losses        Losses       Losses        Losses       Losses

       0.00         0.00          0.00         0.00          0.00         0.00
 ==========   ==========    ==========   ==========    ==========   ==========

<TABLE>
                                    ADVANCES
<CAPTION>
                   Prior Outstanding            Current Period               Recovered                  Outstanding
                 Principal    Interest      Principal    Interest      Principal    Interest      Principal    Interest
<S>             <C>          <C>           <C>          <C>           <C>          <C>           <C>          <C>
Servicer ....    53,406.30   426,707.76     98,213.18   669,661.67     53,406.30   426,707.76     98,213.18   669,661.67
Trustee: ....         0.00         0.00          0.00         0.00          0.00         0.00          0.00         0.00
Fiscal Agent:         0.00         0.00          0.00         0.00          0.00         0.00          0.00         0.00
                ----------   ----------    ----------   ----------    ----------   ----------    ----------   ----------
                      0.00   426,707.76     98,213.18   669,661.67     53,406.30   426,707.76     98,213.18   669,661.67
                ==========   ==========    ==========   ==========    ==========   ==========    ==========   ==========
</TABLE>


Beginning Stated Principal Balance       732,670,491.10
  of the Mortgage Loans:

Ending Stated Principal Balance          731,955,122.06
  of the Mortgage Loans:


Principal Distribution Amount:              715,369.04

Prior Prepayments                                 0.00
Current Prepayments:                              0.00
Cumulative Prepayments:                           0.00

<TABLE>
                           SUMMARY OF REO PROPERTIES

No REO Properties as of The Most Recent Due Period
<CAPTION>
                                        Principal    Appraised   Date of Final     Amount       Aggregate Other
#        Property Name    Date of REO    Balance       Value       Recovery     of Proceeds      Rev. Collected
<S>       <C>             <C>          <C>          <C>           <C>           <C>             <C>

</TABLE>

                             SERVICING COMPENSATION

Current Period Master Servicing Fees Paid    59,454.36
Additional Master Servicing Compensation:         0.00
Current Period Special Servicing Fees Pai         0.00
Current Period Workout Fees Paid:                 0.00
Current Period Liquidation Fees Paid:             0.00
                                             ---------
                                             59,454.36
                                             =========

                        SUMMARY OF APPRAISAL REDUCTIONS

    Property                Principal    Appraisal     Appraisal     Date of
#     Name     Loan Number   Balance   Reduction Amt.    Date       Reduction

No Appraisal Reductions as of The Most Recent Due Period


                                    Page - 11
<PAGE>
                                  DELINQUENCIES

Dist.         Delinq 1 Month           Delinq 2 Months
Date         #           Balance     #           Balance
10/15/99    0                 0     0                 0
/ ......   0.000%         0.000%   0.000%         0.000%
09/15/99    0                 0    0.00               0
/ ......   0.000%         0.000%   0.000%         0.000%
08/16/99    0                 0    0.00               0
/ ......   0.000%         0.000%   0.000%         0.000%


<TABLE>
                            DELINQUENCIES, Continued
<CAPTION>
             Delinq 3+  Months   Foreclosure/Bankruptcy (1)      REO (1)              Modifications
             #        Balance        #         Balance       #         Balance      #         Balance
<S>        <C>      <C>            <C>      <C>            <C>      <C>            <C>      <C>
10/15/99   0.00               0    0.00               0    0.00               0    0.00               0
/ ......   0.000%         0.000%   0.000%         0.000%   0.000%         0.000%   0.000%         0.000%
09/15/99   0.00               0    0.00               0    0.00               0    0.00               0
/ ......   0.000%         0.000%   0.000%         0.000%   0.000%         0.000%   0.000%         0.000%
08/16/99   0.00               0    0.00               0    0.00               0    0.00               0
/ ......   0.000%         0.000%   0.000%         0.000%   0.000%         0.000%   0.000%         0.000%
<FN>
(1)  Foreclosure and REO Totals are Included in the Appropriate Delinquency Aging Category
</FN>
</TABLE>

                            DELINQUENCIES, Continued

                Prepayments          Curr Weighted Avg.
            #         Balance      Coupon        Remit

10/15/99    0                 0    7.7369        7.6365%
/ ......   0.000%         0.000%   0.0000        0.0000%
09/15/99   0.00               0    7.9895        7.8859%
/ ......   0.000%         0.000%   0.0000        0.0000%
08/16/99   0.00               0    7.9895        7.8859%
/ ......   0.000%         0.000%   0.0000        0.0000%


                                    Page - 12
<PAGE>
 <TABLE>
                             DELINQUENT LOAN DETAIL
<CAPTION>
Disc        Paid                     Outstanding    Out. Property  Special   Servicer
Doc         Thru       Current P&I       P&I         Protection    Advance   Transfer  Foreclosure Bankruptcy     REO
Control #   Date         Advance     Advances(1)      Advances    Desc. (2)   Date        Date        Date        Date
<S>        <C>         <C>           <C>            <C>              <C>  <C>         <C>          <C>         <C>
 55        09/01/99     27,215.52     27,215.52           0.00        A         --          --          --          --
 80        09/01/99     23,772.29     23,772.29           0.00        A         --          --          --          --
  9        09/01/99     71,929.97     71,929.97           0.00        A         --          --          --          --
120        09/01/99     16,134.15     16,134.15           0.00        A         --          --          --          --
 11        09/01/99     66,121.44     66,121.44           0.00        A         --          --          --          --
158        09/01/99     12,953.19     12,953.19           0.00        B         --          --          --          --
 79        09/01/99     24,363.72     24,363.72           0.00        B         --          --          --          --
115        09/01/99     17,142.61     17,142.61           0.00        A         --          --          --          --
225        09/01/99      6,489.27      6,489.27           0.00        A         --          --          --          --
133        09/01/99     15,115.76     15,115.76           0.00        A         --          --          --          --
186        09/01/99      9,264.69      9,264.69           0.00        A         --          --          --          --
192        09/01/99      9,300.51      9,300.51           0.00        A         --          --          --          --
200        09/01/99      7,748.24      7,748.24           0.00        A         --          --          --          --
205        09/01/99      7,746.51      7,746.51           0.00        A         --          --          --          --
218        09/01/99      7,522.14      7,522.14           0.00        A         --          --          --          --
223        09/01/99      6,574.08      6,574.08           0.00        A         --          --          --          --
228        09/01/99      6,059.82      6,059.82           0.00        A         --          --          --          --
208        09/01/99      7,909.09      7,909.09           0.00        A         --          --          --          --
233        09/01/99      5,241.96      5,241.96           0.00        A         --          --          --          --
195        09/01/99      8,667.28      8,667.28           0.00        A         --          --          --          --
207        09/01/99      7,366.00      7,366.00           0.00        A         --          --          --          --
  3        09/01/99    104,251.52    104,251.52           0.00        A         --          --          --          --
 73        09/01/99     29,301.32     29,301.32           0.00        A         --          --          --          --
185        09/01/99     10,585.26     10,585.26           0.00        B         --          --          --          --
146        09/01/99     13,371.01     13,371.01           0.00        B         --          --          --          --
183        09/01/99      8,815.02      8,815.02           0.00        B         --          --          --          --
124        09/01/99     15,298.18     15,298.18           0.00        B         --          --          --          --
 33        09/01/99     37,833.46     37,833.46           0.00        B         --          --          --          --
 59        09/01/99     29,351.69     29,351.69          0.00       B         --          --          --          --
 10        09/01/99     67,823.20     67,823.20          0.00       B         --          --          --          --
 13        09/01/99     55,429.29     55,429.29          0.00       B         --          --          --          --
213        09/01/99      7,207.51      7,207.51          0.00       B         --          --          --          --
 72        09/01/99     23,969.13     23,969.13          0.00       B         --          --          --          --
- ---        --------    ----------    ----------    ----------       --    --------    --------    --------    --------
Total          --      767,874.83    767,874.83          0.00       --        --          --          --          --
           ========    ==========    ==========    ==========       ==    ========    ========    ========    ========
<FN>
(1)  A.  P&I Advance - Loan in Grace Period
     B.  P&I Advance - Late Payment but less one month delinq.
     1.  P&I Advance - Loan delinquent 1 month
     2.  P&I Advance - Loan delinquent 2 months
     3.  P&I Advance - Loan delinquent 3 months or more
     4.  Matured Balloon/Assumed Assumed Scheduled Payment
(2)  Outstanding P&I advances include the current period P&I Advance
</FN>
</TABLE>

                                 Page - 13
<PAGE>
                       DISTRIBUTION OF PRINCIPAL BALANCES

Scheduled                             Number       Scheduled         Based On
Balances                             of Loans      Balance            Balance
0 to 500,000 ..................         10        4,282,077.56         0.59%
500,000 to 1,000,000 ..........         31       26,021,233.36         3.56%
1,000,000 to 1,500,000 ........         37       45,401,367.61         6.20%
1,500,000 to 2,000,000 ........         40       70,138,889.54         9.58%
2,000,000 to 2,500,000 ........         26       58,129,704.15         7.94%
2,500,000 to 3,000,000 ........         17       47,408,501.93         6.48%
3,000,000 to 3,500,000 ........         13       42,858,052.18         5.86%
3,500,000 to 4,000,000 ........         11       42,315,577.57         5.78%
4,000,000 to 4,500,000 ........         10       41,952,731.91         5.73%
4,500,000 to 5,000,000 ........         15       71,488,571.23         9.77%
5,000,000 to 5,500,000 ........          7       37,395,013.50         5.11%
5,500,000 to 6,000,000 ........          3       17,084,745.45         2.33%
6,000,000 to 6,500,000 ........          4       25,125,015.71         3.43%
6,500,000 to 7,000,000 ........          3       20,546,120.81         2.81%
7,000,000 to 7,500,000 ........          2       14,864,926.15         2.03%
7,500,000 to 8,000,000 ........          2       15,323,119.91         2.09%
8,000,000 to 8,500,000 ........          2       16,507,962.14         2.26%
8,500,000 to 9,000,000 ........          1        8,675,542.92         1.19%
9,000,000 to 10,000,000 .......          1        9,435,354.92         1.29%
10,000,000 & Above ............          7       117,000,613.51       15.98%
- -------------------------------        ---       -------------       ------
Total .........................        242       731,955,122.06      100.00%
                                       ===       =============       ======

Average Scheduled Balance is     3,024,608
Maximum  Scheduled Balance is   32,116,692
Minimum  Scheduled Balance is      360,110

                         DISTRIBUTION OF PROPERTY TYPES

                                     Number        Scheduled         Based on
Property Types                      of Loans        Balance          Balance
Multifamily ...................         93       238,199,355.0        32.54%
Retail ........................         57       196,236,371.3        26.81%
Office ........................         43       153,854,076.6        21.02%
Industrial ....................         25       88,545,119.07        12.10%
Other .........................          9       25,530,487.97         3.49%
Self Storage ..................          8       18,836,780.07         2.57%
Mobile Home ...................          6        8,984,658.53         1.23%
Mixed Use .....................          1        1,768,273.43         0.24%
                                       ---       -------------       ------
Total .........................        242       731,955,122.0       100.00%
                                       ===       =============       ======

                            GEOGRAPHIC DISTRIBUTION

                                      Number       Scheduled         Based on
Geographic Location                 of Loans        Balance          Balance
New York ......................         16       103,552,933.9        14.15%
Texas .........................         39       93,627,805.72        12.79%
California ....................         26       76,816,014.24        10.49%
Pennsylvania ..................         13       54,599,988.40         7.46%
New Jersey ....................         17       50,809,324.94         6.94%
Florida .......................         16       42,022,471.53         5.74%
Illinois ......................          9       39,345,962.86         5.38%
Missouri ......................          7       23,025,718.53         3.15%
North Carolina ................          5       21,603,775.12         2.95%
Washington ....................          6       20,177,956.77         2.76%
Minnesota .....................          6       17,464,506.77         2.39%
Massachusetts .................          5       17,332,369.56         2.37%
Maryland ......................          5       12,757,891.40         1.74%
Ohio ..........................          6       11,831,299.36         1.62%
Nevada ........................          2       11,389,075.21         1.56%
Colorado ......................          6       10,661,153.34         1.46%
West Virginia .................          4       10,652,157.86         1.46%
Virginia ......................          4        9,711,726.04         1.33%
Oregon ........................          3        8,693,110.79         1.19%
Georgia .......................          4        7,994,206.25         1.09%
Oklahoma ......................          4        7,910,218.35         1.08%
Kentucky ......................          2        7,775,897.05         1.06%
Maine .........................          3        7,767,780.31         1.06%
New Mexico ....................          3        7,173,406.36         0.98%
Michigan ......................          3        6,532,608.51         0.89%
Virginia ......................          1        6,374,961.23         0.87%
Connecticut ...................          2        5,798,375.23         0.79%
New Hampshire .................          3        5,307,754.00         0.73%
Arizona .......................          3        5,161,718.62         0.71%
North Dakota ..................          1        4,979,126.09         0.68%
Other .........................         18       23,103,827.69         3.16%
                                       ---       -------------       ------
Total .........................        242       731,955,122.0       100.00%
                                       ===       =============       ======

                                    Page - 14
<PAGE>
                     DISTRIBUTION OF MORTGAGE INTEREST RATES

Current Mortgage                   Number         Scheduled           Based on
Interest Rate                      of Loans       Balance             Balance

7.000% or less ................         10       31,982,794.08         4.37%
7.000% to 7.500% ..............         47       199,658,692.26       27.28%
7.500% to 8.000% ..............        114       334,564,581.08       45.71%
8.000% to 8.500% ..............         51       120,036,256.57       16.40%
8.500% to 9.000% ..............         16       36,024,098.05         4.92%
9.000% to 9.500% ..............          4        9,688,700.02         1.32%
9.500% to 10.000% .............          0                0.00         0.00%
10.000% to 10.500% ............          0                0.00         0.00%
10.500% to 11.000% ............          0                0.00         0.00%
11.000% to 11.500% ............          0                0.00         0.00%
11.500% to 12.000% ............          0                0.00         0.00%
12.000% to 12.500% ............          0                0.00         0.00%
12.500% to 13.000% ............          0                0.00         0.00%
13.000% to 13.500% ............          0                0.00         0.00%
13.500% & Above ...............          0                0.00         0.00%
- -------------------------------        ---       -------------       ------
Total .........................        242       731,955,122.06      100.00%
                                       ===       =============       ======


W/Avg Mortgage Interest Rate is                7.7369%
Minimum Mortgage Interest Rate is              6.8100%
Maximum Mortgage Interest Rate is              9.1700%

                                 LOAN SEASONING

                                     Number        Scheduled         Based on
Number of Years                     of Loans        Balance           Balance

1 year or less ................          0                0.00         0.00%
1+ to 2 years .................          0                0.00         0.00%
2+ to 3 years .................          0                0.00         0.00%
3+ to 4 years .................          0                0.00         0.00%
4+ to 5 years .................          0                0.00         0.00%
5+ to 6 years .................          0                0.00         0.00%
6+ to 7 years .................          0                0.00         0.00%
7+ to 8 years .................          0                0.00         0.00%
8+ to 9 years .................          0                0.00         0.00%
9+ to 10 years ................          0                0.00         0.00%
10 years or more ..............          0                0.00         0.00%
- -------------------------------        ---       -------------       ------
Total .........................          0                0.00         0.00%
                                       ===       =============       ======

Weighted Average Seasoning is                    0.00%


                       DISTRIBUTION OF AMORTIZATION TYPE
                                      Number       Scheduled        Based on
Amortization Type                    of Loans       Balance          Balance
Amortizing Balance.............        242       731,955,122.0       100.00%
                                       ---       -------------       ------
Total .........................        242       731,955,122.0       100.00%
                                       ===       =============       ======

                                    Page - 15
<PAGE>
                         DISTRIBUTION OF REMAINING TERM
                                 BALLOON LOANS

Balloon                              Number        Scheduled         Based on
Mortgage Loans                      of Loans        Balance          Balance

12 months or l ................          0                0.00         0.00%
13 to 24 month ................          0                0.00         0.00%
25 to 36 month ................          0                0.00         0.00%
37 to 48 month ................          1        1,932,525.46         0.26%
49 to 60 month ................          1        5,407,388.31         0.74%
61 to 120 mont ................        192       515,213,305.4        70.39%
121 to 180 mon ................         18       39,574,375.18         5.41%
181 to 240 mon ................         30       169,827,527.6        23.20%
- -------------------------------        ---       -------------       ------
Total .........................        242       731,955,122.0       100.00%
                                       ===       =============       ======

Weighted Average Months to Maturity is             164

                          DISTRIBUTION OF REMAINING TERM
                                FULLY AMORTIZING

Fully Amortizing                      Number        Scheduled      Based on
Mortgage Loans                       of Loans        Balance       Balance

60 months or l ................          0                0.00         0.00%
61 to 120 mont ................          0                0.00         0.00%
121 to 180 mon ................          0                0.00         0.00%
181 to 240 mon ................          0                0.00         0.00%
241 to 360 mon ................          0                0.00         0.00%
- -------------------------------        ---       -------------       ------
Total .........................          0                0.00         0.00%
                                       ===       =============       ======

Weighted Average Months to Maturity is   0

                                   NOI AGING

                                      Number          Scheduled     Based on
NOI Date                             of Loans          Balance       Balance

1 year or less ................         96       248,398,491.4        33.94%
1 to 2 years ..................          0                0.00         0.00%
2 Years or Mor ................          0                0.00         0.00%
Unknown .......................          0              146.00         0.00%
                                       ---       -------------       ------
Total .........................         96       248,398,637.4        33.94%
                                       ===       =============       ======

                                    Page - 16
<PAGE>
<TABLE>
                              DISTRIBUTION OF DSCR
<CAPTION>
Debt Service                         Number         Scheduled        Based on
Coverage Ratio (1)                  of Loans         Balance          Balance
<S>                                   <C>       <C>                  <C>
0.500 or less .................          0                0.00         0.00%
0.500 to 0.625 ................          3        8,207,731.68         1.12%
0.625 to 0.750 ................          1        2,252,682.20         0.31%
0.750 to 0.875 ................          1          820,410.51         0.11%
0.875 to 1.000 ................          3       11,345,001.86         1.55%
1.000 to 1.125 ................          4       14,609,220.81         2.00%
1.125 to 1.250 ................          4       11,001,353.22         1.50%
1.250 to 1.375 ................          6       15,305,325.96         2.09%
1.375 to 1.500 ................         16       50,860,953.93         6.95%
1.500 to 1.625 ................         13       31,241,651.62         4.27%
1.625 to 1.750 ................         14       31,604,020.94         4.32%
1.750 to 1.875 ................         12       35,833,308.79         4.90%
1.875 to 2.000 ................          8       12,628,185.80         1.73%
2.000 to 2.125 ................          1        2,487,820.12         0.34%
2.125 & above .................         10       20,200,824.02         2.76%
Unknown .......................          0              146.00         0.00%
                                       ---       -------------       ------
Total .........................         96       248,398,637.46       33.94%
                                       ===       =============       ======
<FN>
(1)  Debt Service Coverage Ratios are calculated as described in the prospectus,
     values are updated periodically as new NOI figures became available from
     borrowers on an asset level. Neither the Trustee, Servicer, Special
     Servicer or Underwriter makes any representation as to the accuracy of the
      data provided by the borrower for this calculation.
</FN>
</TABLE>

Weighted Average Debt Service Coverage Ra       1.5592


                                    Page - 17
<PAGE>
<TABLE>
                                LOAN LEVEL DETAIL
<CAPTION>
                   Property                                Operating
Disc                 Type             Maturity             Statement
Ctrl#   Group        Code              Date      DSCR (1)     Date      State
<S>    <C>          <C>              <C>          <C>       <C>          <C>
  1    CMAC99C1     Office           10/01/08      --           --       NY
  2    CMAC99C1     Multifamily      04/01/09      --           --       PA
  3    CMAC99C1     Industrial       05/01/28      --           --       IL
  4    CMAC99C1     Office           05/01/26      --           --       NY
  5    CMAC99C1     Office           05/01/26      --           --       NY
  6    CMAC99C1     Industrial       07/01/09      --           --       IL
  7    CMAC99C1     Industrial       07/01/09      --           --       IL
  8    CMAC99C1     Industrial       07/01/09      --           --       IL
  9    CMAC99C1     Multifamily      05/01/29      --           --       NC
 10    CMAC99C1     Multifamily      03/01/09      1.46     12/31/98     TX
 11    CMAC99C1     Retail           01/01/29      --           --       NJ
 12    CMAC99C1     Multifamily      06/01/09      --           --       FL
 13    CMAC99C1     Multifamily      03/01/09      1.55     12/31/98     TX
 14    CMAC99C1     Retail           05/01/09      --           --       NY
 15    CMAC99C1     Retail           05/01/26      --           --       NY
 16    CMAC99C1     Office           04/01/09      1.03     12/31/98     MA
 17    CMAC99C1     Retail           06/01/29      --           --       FL
 18    CMAC99C1     Retail           06/01/29      --           --       MO
 19    CMAC99C1     Multifamily      05/01/09      --           --       WA
 20    CMAC99C1     Other            05/01/14      1.83     12/31/98     MN
 21    CMAC99C1     Retail           12/01/23      --           --       IL
 22    CMAC99C1     Retail           06/01/09       1.4     12/31/98     VI
 23    CMAC99C1     Multifamily      12/01/08       1.4     12/31/98     TX
 24    CMAC99C1     Industrial       07/01/09      --           --       CA
 25    CMAC99C1     Industrial       06/01/09      0.88     12/31/98     NV
 26    CMAC99C1     Retail           06/01/29      --           --       TX
 27    CMAC99C1     Retail           06/01/09      1.35     12/31/98     CA
 28    CMAC99C1     Industrial       10/01/26      --           --       FL
 29    CMAC99C1     Office           07/01/09      --           --       CA
 30    CMAC99C1     Industrial       05/01/09     1.830        36160     CA
 31    CMAC99C1     Multifamily      02/01/09      --           --       PA
 32    CMAC99C1     Retail           07/01/04      --           --       NJ
 33    CMAC99C1     Retail           05/01/09     0.560        36160     NV
 34    CMAC99C1     Office           11/01/28      --           --       MA
 35    CMAC99C1     Retail           06/01/15      --           --       PA
 36    CMAC99C1     Multifamily      06/01/24      --           --       ND
 37    CMAC99C1     Office           03/01/29      --           --       NY
 38    CMAC99C1     Industrial       04/01/09      --           --       VA
 39    CMAC99C1     Multifamily      02/01/09     1.430        36160     TX
 40    CMAC99C1     Retail           07/01/09      --           --       OR
 41    CMAC99C1     Multifamily      06/01/29      --           --       NY
 42    CMAC99C1     Retail           01/01/09      --           --       WV
 43    CMAC99C1     Retail           06/01/18      --           --       MD
 44    CMAC99C1     Retail           01/01/09      --           --       OH
 45    CMAC99C1     Retail           06/01/09     1.750        36160     MO
 46    CMAC99C1     Retail           06/01/14      --           --       TX
 47    CMAC99C1     Retail           05/01/09      --           --       NY
 48    CMAC99C1     Retail           03/01/09      --           --       CA
 49    CMAC99C1     Multifamily      02/01/09     1.450        36160     TX
 50    CMAC99C1     Self Storage     01/01/14     1.810        36160     NJ
 51    CMAC99C1     Other            06/01/24      --           --       KY
 52    CMAC99C1     Multifamily      06/01/09      --           --       CT
 53    CMAC99C1     Retail           04/01/24      --           --       CA
 54    CMAC99C1     Office           05/01/09     1.690        36160     NY
 55    CMAC99C1     Office           09/01/28      --           --       WA
 56    CMAC99C1     Office           05/01/09     1.700        36160     NC
 57    CMAC99C1     Retail           02/01/09     1.220        36160     TX
 58    CMAC99C1     Multifamily      01/01/09      --           --       TX
<FN>
(1)  NOI and DSCR, if available and reportable under the terms of the trust
     agreement, are based on information obtained from the related borrower,
     and no other party to the agreement shall be held liable for the accuracy
     or methodology used to determine such figures.
</FN>
</TABLE>

                                    Page - 18
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
                   Property                                Operating
Disc                 Type             Maturity             Statement
Ctrl#   Group        Code              Date      DSCR (1)     Date      State
<S>    <C>          <C>              <C>          <C>       <C>          <C>
 59    CMAC99C1     Industrial       03/01/09      --           --       CA
 60    CMAC99C1     Multifamily      02/01/09     1.800     12/31/98     PA
 61    CMAC99C1     Office           03/01/24      --           --       PA
 62    CMAC99C1     Office           02/01/09     1.110     12/31/98     NJ
 63    CMAC99C1     Multifamily      01/01/09      --           --       CO
 64    CMAC99C1     Industrial       06/01/09      --           --       NJ
 65    CMAC99C1     Industrial       04/01/24      --           --       CA
 66    CMAC99C1     Office           05/01/09      --           --       IL
 67    CMAC99C1     Office           05/01/09      --           --       IL
 68    CMAC99C1     Retail           05/01/29      --           --       NC
 69    CMAC99C1     Self Storage     03/01/09      --           --       NJ
 70    CMAC99C1     Office           04/01/09     1.000     12/31/98     NM
 71    CMAC99C1     Multifamily      12/01/08     2.570     12/31/98     WV
 72    CMAC99C1     Multifamily      05/01/09     1.360     12/31/98     CA
 73    CMAC99C1     Industrial       04/01/09      --           --       MN
 74    CMAC99C1     Multifamily      04/01/09      --           --       OH
 75    CMAC99C1     Other            06/01/24      --           --       KY
 76    CMAC99C1     Multifamily      05/01/09      --           --       NJ
 77    CMAC99C1     Multifamily      01/01/09      --           --       TX
 78    CMAC99C1     Retail           06/01/09      --           --       MI
 79    CMAC99C1     Multifamily      04/01/09      --           --       MO
 80    CMAC99C1     Industrial       05/01/09      --           --       FL
 81    CMAC99C1     Retail           04/01/09     1.400     12/31/98     ME
 82    CMAC99C1     Office           06/01/09      --           --       FL
 83    CMAC99C1     Office           05/01/09     1.230     12/31/98     NH
 84    CMAC99C1     Office           06/01/09     1.600     12/31/98     MD
 85    CMAC99C1     Multifamily      04/01/11     1.670     12/31/98     CA
 86    CMAC99C1     Office           08/01/28     1.490     12/31/98     MA
 87    CMAC99C1     Multifamily      01/01/09     1.590     12/31/98     CA
 88    CMAC99C1     Retail           01/01/09      --           --       PA
 89    CMAC99C1     Multifamily      02/01/09     1.880     12/31/98     TX
 90    CMAC99C1     Multifamily      04/01/09     1.570     12/31/98     WA
 91    CMAC99C1     Multifamily      04/01/09     1.760     12/31/98     ME
 92    CMAC99C1     Industrial       06/01/09     1.810     12/31/98     CA
 93    CMAC99C1     Other            06/01/14     2.640     12/31/98     MN
 94    CMAC99C1     Retail           06/01/09      --           --       NY
 95    CMAC99C1     Office           02/01/09     1.840     12/31/98     WA
 96    CMAC99C1     Retail           02/01/09      --           --       GA
 97    CMAC99C1     Retail           12/01/08     1.900     12/31/98     VT
 98    CMAC99C1     Retail           05/01/09      --           --       CA
 99    CMAC99C1     Multifamily      04/01/09      --           --       CA
100    CMAC99C1     Mobile Home      04/01/09     1.440     12/31/98     NJ
101    CMAC99C1     Multifamily      05/01/09     2.060     12/31/98     MO
102    CMAC99C1     Retail           12/01/08     2.430     12/31/98     FL
103    CMAC99C1     Office           04/01/09     1.790     12/31/98     CA
104    CMAC99C1     Self Storage     01/01/14     2.220     12/31/98     NJ
105    CMAC99C1     Multifamily      05/01/09     1.550     12/31/98     OK
106    CMAC99C1     Multifamily      06/01/09     1.680     12/31/98     TX
107    CMAC99C1     Industrial       12/01/08      --           --       CA
108    CMAC99C1     Industrial       12/01/08      --           --       CA
109    CMAC99C1     Multifamily      02/01/09      --           --       MO
110    CMAC99C1     Multifamily      05/01/09     0.750     12/31/98     TX
111    CMAC99C1     Retail           03/01/09      --           --       NJ
112    CMAC99C1     Multifamily      06/01/09     1.360     12/31/98     TX
113    CMAC99C1     Office           01/01/12      --           --       MN
114    CMAC99C1     Multifamily      01/01/09     1.750     12/31/98     OK
115    CMAC99C1     Retail           01/01/09      --           --       NJ
116    CMAC99C1     Industrial       12/01/08      --           --       MI
<FN>
(1)  NOI and DSCR, if available and reportable under the terms of the trust
     agreement, are based on information obtained from the related borrower,
     and no other party to the agreement shall be held liable for the accuracy
     or methodology used to determine such figures.
</FN>
</TABLE>

                                    Page - 19
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
                   Property                                Operating
Disc                 Type             Maturity             Statement
Ctrl#   Group        Code              Date      DSCR (1)     Date      State
<S>    <C>          <C>              <C>          <C>       <C>          <C>
117    CMAC99C1     Retail           06/01/09      --           --       AZ
118    CMAC99C1     Multifamily      03/01/09     1.560     12/31/98     TX
119    CMAC99C1     Retail           07/01/09      --           --       CA
120    CMAC99C1     Retail           10/01/09      --           --       NC
121    CMAC99C1     Office           01/01/09     1.720     12/31/98     OR
122    CMAC99C1     Multifamily      06/01/09      --           --       NY
123    CMAC99C1     Retail           05/01/09      --           --       NJ
124    CMAC99C1     Multifamily      01/01/09     1.400     12/31/98     PA
125    CMAC99C1     Multifamily      07/01/08      --           --       GA
126    CMAC99C1     Office           05/01/09      --           --       MD
127    CMAC99C1     Retail           02/01/09      --           --       CA
128    CMAC99C1     Retail           06/01/09     1.550     12/31/98     CA
129    CMAC99C1     Multifamily      03/01/09      --           --       PA
130    CMAC99C1     Industrial       01/01/09      --           --       NJ
131    CMAC99C1     Self Storage     02/01/09     1.240     12/31/98     MS
132    CMAC99C1     Multifamily      10/01/08      --           --       WA
133    CMAC99C1     Multifamily      12/01/02      --           --       TX
134    CMAC99C1     Multifamily      12/01/08      --           --       GA
135    CMAC99C1     Retail           04/01/24      --           --       CA
136    CMAC99C1     Multifamily      11/01/08     1.740     12/31/98     LA
137    CMAC99C1     Multifamily      06/01/14     1.990     02/28/99     CA
138    CMAC99C1     Self Storage     06/01/09     1.570     12/31/98     OK
139    CMAC99C1     Retail           04/01/24      --           --       CA
140    CMAC99C1     Office           05/01/09     1.930     12/31/98     VA
141    CMAC99C1     Multifamily      04/01/09     1.230     12/31/98     TX
142    CMAC99C1     Other            05/01/09      --           --       SC
143    CMAC99C1     Retail           03/01/09      --           --       WI
144    CMAC99C1     Other            05/01/09      --           --       FL
145    CMAC99C1     Multifamily      01/01/09      --           --       CO
146    CMAC99C1     Office           11/01/08     1.280     12/31/98     ME
147    CMAC99C1     Office           04/01/09     1.550     12/31/98     VA
148    CMAC99C1     Mixed Use        05/01/09      --           --       NM
149    CMAC99C1     Self Storage     05/01/09     0.610     12/31/98     TX
150    CMAC99C1     Retail           11/01/13      --           --       TN
151    CMAC99C1     Multifamily      12/01/08      --           --       TX
152    CMAC99C1     Retail           06/01/09     2.440     12/31/98     NM
153    CMAC99C1     Other            03/01/09     2.210     12/31/98     MO
154    CMAC99C1     Multifamily      06/01/09     2.130     12/31/98     TX
155    CMAC99C1     Retail           04/01/09     1.470     12/31/98     OR
156    CMAC99C1     Mobile Home      06/01/09     1.370     12/31/98     IL
157    CMAC99C1     Retail           05/01/19      --           --       PA
158    CMAC99C1     Mobile Home      07/01/14      --           --       FL
159    CMAC99C1     Retail           12/01/08     2.440     12/31/98     AZ
160    CMAC99C1     Multifamily      04/01/11      --           --       CA
161    CMAC99C1     Multifamily      02/01/09     1.070     12/31/98     PA
162    CMAC99C1     Retail           11/01/08      --           --       MD
163    CMAC99C1     Office           03/01/09     1.780     12/31/98     CO
164    CMAC99C1     Other            03/01/09     1.000     12/31/98     KS
165    CMAC99C1     Multifamily      06/01/09      --           --       FL
166    CMAC99C1     Retail           05/01/09      --           --       FL
167    CMAC99C1     Multifamily      12/01/08     1.460     12/31/98     NY
168    CMAC99C1     Retail           05/01/09      --           --       ID
169    CMAC99C1     Office           11/01/13      --           --       WA
<FN>
(1)  NOI and DSCR, if available and reportable under the terms of the trust
     agreement, are based on information obtained from the related borrower,
     and no other party to the agreement shall be held liable for the accuracy
     or methodology used to determine such figures.
</FN>
</TABLE>

                                   Page - 20
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
                   Property                                Operating
Disc                 Type             Maturity             Statement
Ctrl#   Group        Code              Date      DSCR (1)     Date      State
<S>    <C>          <C>              <C>          <C>       <C>          <C>
170    CMAC99C1     Industrial       06/01/09     1.080     12/31/98     CO
171    CMAC99C1     Industrial       04/01/09     1.660     12/31/98     CT
172    CMAC99C1     Multifamily      05/01/09     1.460     02/28/99     TX
173    CMAC99C1     Multifamily      05/01/09     1.440     02/28/99     TX
174    CMAC99C1     Retail           11/01/08      --           --       MD
175    CMAC99C1     Self Storage     06/01/09      --           --       CA
176    CMAC99C1     Retail           01/31/19      --           --       NY
177    CMAC99C1     Multifamily      01/01/09     1.910     12/31/98     OK
178    CMAC99C1     Multifamily      01/01/09      --           --       PA
179    CMAC99C1     Self Storage     05/01/09     1.630     12/31/98     AZ
180    CMAC99C1     Multifamily      04/01/09     1.820     12/31/98     LA
181    CMAC99C1     Multifamily      11/01/08      --           --       GA
182    CMAC99C1     Retail           05/01/14     1.980     12/31/98     NY
183    CMAC99C1     Multifamily      12/01/08     1.610     12/31/98     WV
184    CMAC99C1     Multifamily      05/01/09     1.430     01/31/99     MO
185    CMAC99C1     Other            04/01/09     2.370     12/31/98     KS
186    CMAC99C1     Multifamily      07/01/08      --           --       OH
187    CMAC99C1     Office           05/01/09     1.650     12/31/98     UT
188    CMAC99C1     Office           03/01/09     0.520     12/31/98     NH
189    CMAC99C1     Mobile Home      12/01/08      --           --       NJ
190    CMAC99C1     Retail           12/01/08      --           --       TX
191    CMAC99C1     Retail           05/01/09      --           --       TX
192    CMAC99C1     Mobile Home      01/01/09      --           --       NC
193    CMAC99C1     Multifamily      11/01/08      --           --       TX
194    CMAC99C1     Office           05/01/09     1.620     12/31/98     VA
195    CMAC99C1     Multifamily      06/01/09      --           --       TX
196    CMAC99C1     Office           11/01/08     2.000     12/31/98     DC
197    CMAC99C1     Office           11/01/08     1.550     12/31/98     DC
198    CMAC99C1     Office           11/01/08     1.980     12/31/98     DC
199    CMAC99C1     Multifamily      06/01/09      --           --       TX
200    CMAC99C1     Multifamily      07/01/08      --           --       WV
201    CMAC99C1     Office           12/01/08     1.750     12/31/98     MN
202    CMAC99C1     Industrial       03/01/09      --           --       MI
203    CMAC99C1     Multifamily      10/01/08      --           --       MA
204    CMAC99C1     Industrial       01/01/09      --           --       NY
205    CMAC99C1     Multifamily      07/01/08      --           --       OH
206    CMAC99C1     Multifamily      05/01/09     1.480     12/31/98     TX
207    CMAC99C1     Multifamily      06/01/09      --           --       DC
208    CMAC99C1     Multifamily      04/01/14      --           --       FL
209    CMAC99C1     Multifamily      05/01/09     1.770     12/31/98     MN
210    CMAC99C1     Multifamily      05/01/09     1.540     12/31/98     FL
211    CMAC99C1     Multifamily      03/01/09      --           --       NJ
212    CMAC99C1     Office           11/01/13     3.640     12/31/98     TX
213    CMAC99C1     Office           05/01/09     1.740     12/31/98     CO
214    CMAC99C1     Retail           05/01/09     1.750     12/31/98     FL
215    CMAC99C1     Office           04/01/09      --           --       TX
216    CMAC99C1     Multifamily      10/01/08      --           --       TX
217    CMAC99C1     Office           05/01/09     1.430     12/31/98     NH
218    CMAC99C1     Multifamily      12/01/08      --           --       FL
219    CMAC99C1     Multifamily      05/01/09      --           --       CO
220    CMAC99C1     Multifamily      01/01/09      --           --       TX
221    CMAC99C1     Multifamily      12/01/08      --           --       LA
222    CMAC99C1     Office           12/01/08      --           --       IL
223    CMAC99C1     Multifamily      04/01/09      --           --       PA
224    CMAC99C1     Multifamily      06/01/09      --           --       TX
225    CMAC99C1     Office           12/01/08      --           --       PA
226    CMAC99C1     Mobile Home      04/01/09     0.760     12/31/98     IA
227    CMAC99C1     Multifamily      01/01/09      --           --       TX
228    CMAC99C1     Multifamily      07/01/08      --           --       OH
229    CMAC99C1     Retail           07/01/14      --           --       TX
230    CMAC99C1     Office           11/01/08      --           --       NY
231    CMAC99C1     Multifamily      11/01/08      --           --       TX
232    CMAC99C1     Industrial       03/01/09      --           --       FL
233    CMAC99C1     Multifamily      03/01/09      --           --       OH
234    CMAC99C1     Multifamily      01/01/09      --           --       LA
235    CMAC99C1     Multifamily      05/01/09     1.340     12/31/98     TX
236    CMAC99C1     Multifamily      02/01/08      --           --       TX
237    CMAC99C1     Multifamily      09/01/08      --           --       MA
238    CMAC99C1     Industrial       12/01/13     1.800     12/31/98     NJ
239    CMAC99C1     Multifamily      08/01/08      --           --       NJ
240    CMAC99C1     Multifamily      07/01/13      --           --       CA
241    CMAC99C1     Multifamily      06/01/18      --           --       FL
242    CMAC99C1     Multifamily      07/01/08      --           --       TX
<FN>
(1)  NOI and DSCR, if available and reportable under the terms of the trust
     agreement, are based on information obtained from the related borrower,
     and no other party to the agreement shall be held liable for the accuracy
     or methodology used to determine such figures.
</FN>
</TABLE>
                                   Page - 21
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
            Ending                                                     Loan
Disc       Principal       Note      Scheduled            Prepayment  Status
Ctrl#       Balance        Rate         P&I     Prepayment  Date      Code (1)
<S>      <C>              <C>       <C>           <C>      <C>          <C>
  1        32,116,692      7.20%      219,927        0         --       --
  2        22,853,390      7.45%      169,221        0         --       --
  3        15,362,066      7.17%      105,277        0         --       A
  4        14,000,000      7.87%       91,817        0         --       --
  5        12,200,000      7.87%       80,012        0         --       --
  6         4,843,055      8.32%       36,675        0         --       --
  7         3,994,272      8.32%       30,248        0         --       --
  8         2,186,864      8.32%       16,561        0         --       --
  9        10,466,230      7.39%       72,628        0         --       A
 10        10,002,235      7.24%       68,491        0         --       B
 11         9,435,355      7.55%       66,751        0         --       A
 12         8,675,543      7.15%       58,760        0         --       --
 13         8,381,369      6.99%       55,989        0         --       B
 14         8,126,593      7.81%       58,726        0         --       --
 15         7,750,000      7.87%       50,827        0         --       --
 16         7,573,120      7.87%       55,079        0         --       --
 17         7,481,712      7.72%       53,550        0         --       --
 18         7,383,214      7.99%       54,247        0         --       --
 19         6,993,824      6.81%       45,812        0         --       --
 20         6,921,032      8.53%       56,104        0         --       --
 21         6,631,265      7.82%       50,915        0         --       --
 22         6,374,961      7.85%       48,762        0         --       --
 23         6,349,063      6.81%       41,766        0         --       --
 24         6,282,277      7.85%       48,000        0         --       --
 25         6,118,714      7.89%       44,532        0         --       --
 26         5,985,370      7.72%       42,840        0         --       --
 27         5,574,777      8.01%       43,228        0         --       --
 28         5,524,599      7.86%       41,121        0         --       --
 29         5,491,553      8.09%       40,703        0         --       --
 30         5,466,266      7.63%       42,332        0         --       --
 31         5,455,447      8.05%       42,632        0         --       --
 32         5,407,388      8.83%       43,584        0         --       --
 33         5,270,361      7.94%       38,559        0         --       B
 34         5,258,099      7.31%       36,371        0         --       --
 35         5,045,899      7.42%       45,437        0         --       --
 36         4,979,126      7.51%       36,982        0         --       --
 37         4,982,000      8.27%       37,634        0         --       --
 38         4,971,745      8.08%       38,856        0         --       --
 39         4,969,072      7.25%       34,109        0         --       --
 40         4,882,801      8.23%       36,668        0         --       --
 41         4,788,462      7.77%       34,454        0         --       --
 42         4,723,490      7.96%       34,721        0         --       --
 43         4,701,076      7.46%       38,953        0         --       --
 44         4,671,315      7.58%       33,121        0         --       --
 45         4,640,276      8.29%       35,065        0         --       --
 46         4,597,486      7.94%       44,277        0         --       --
 47         4,588,359      8.26%       34,574        0         --       --
 48         4,579,954      7.58%       32,400        0         --       --
 49         4,570,355      7.05%       30,759        0         --       --
 50         4,380,324      7.77%       42,409        0         --       --
 51         4,386,403      9.02%       36,985        0         --       --
 52         4,381,941      7.60%       32,802        0         --       --
 53         4,228,740      8.69%       34,768        0         --       --
 54         4,224,831      7.81%       30,530        0         --       --
 55         4,156,293      6.84%       27,493        0         --       A
 56         4,096,902      7.76%       31,124        0         --       --
 57         4,050,490      7.22%       27,716        0         --       --
 58         4,026,244      7.75%       29,015        0         --       --
<FN>
(1)  Legend:
     A.   P&I Adv - in Grace Period
     B.   P&I Adv - less one month delinquent
     1.   P&I Adv - delinquent one month
     2.   P&I Adv - delinquent two months
     3.   P&I Adv - delinquent 3+ months
     4.   Mat. Balloon/Assumed P&I
     5.   Prepaid in Full
     6.   Specially Serviced
     7.   Foreclosure
     8.   Bankruptcy
     9.   REO
     10.  DPO
     11.  Modification
</FN>
</TABLE>

                                   Page - 22
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
            Ending                                                     Loan
Disc       Principal       Note      Scheduled            Prepayment  Status
Ctrl#       Balance        Rate         P&I     Prepayment  Date      Code (1)
<S>      <C>              <C>       <C>           <C>      <C>          <C>
 59         4,020,562     7.510%       29,955        0         --       B
 60         3,975,941     7.220%       27,206        0         --       --
 61         3,972,031     7.710%       30,108        0         --       --
 62         3,964,906     7.590%       29,794        0         --       --
 63         3,958,677     7.250%       28,912        0         --       --
 64         3,891,410     8.100%       28,889        0         --       --
 65         3,829,249     8.320%       30,536        0         --       --
 66         2,958,868     8.450%       25,776        0         --       --
 67           828,473     8.450%        6,671        0         --       --
 68         3,729,524     7.900%       27,183        0         --       --
 69         3,724,288     7.810%       28,473        0         --       --
 70         3,699,521     7.770%       26,652        0         --       --
 71         3,575,758     7.530%       25,246        0         --       --
 72         3,498,977     7.480%       24,494        0         --       B
 73         3,467,277     8.250%       29,822        0         --       A
 74         3,446,844     7.590%       24,406        0         --       --
 75         3,389,494     9.020%       28,579        0         --       --
 76         3,339,339     7.430%       23,263        0         --       --
 77         3,320,177     7.700%       23,813        0         --       --
 78         3,281,539     7.990%       24,111        0         --       --
 79         3,259,904     7.660%       24,581        0         --       B
 80         3,237,079     7.760%       23,988        0         --       A
 81         3,206,055     7.880%       24,635        0         --       --
 82         3,188,216     8.160%       25,038        0         --       --
 83         3,184,810     7.900%       24,487        0         --       --
 84         3,038,342     7.970%       23,480        0         --       --
 85         2,988,593     7.590%       21,162        0         --       --
 86         2,971,288     7.480%       20,935        0         --       --
 87         2,930,226     7.170%       19,964        0         --       --
 88         2,922,957     7.800%       21,164        0         --       --
 89         2,882,136     7.110%       19,508        0         --       --
 90         2,879,095     7.620%       20,445        0         --       --
 91         2,782,877     7.670%       21,002        0         --       --
 92         2,764,143     7.850%       21,143        0         --       --
 93         2,756,146     8.850%       22,920        0         --       --
 94         2,733,101     8.300%       23,518        0         --       --
 95         2,705,342     7.420%       20,033        0         --       --
 96         2,695,340     7.700%       19,321        0         --       --
 97         2,669,030     7.640%       20,199        0         --       --
 98         2,621,915     7.560%       18,498        0         --       --
 99         2,613,943     7.180%       17,783        0         --       --
100         2,533,501     7.370%       18,629        0         --       --
101         2,487,820     7.770%       18,916        0         --       --
102         2,472,122     7.360%       18,248        0         --       --
103         2,460,600     7.930%       18,988        0         --       --
104         2,433,513     7.770%       23,561        0         --       --
105         2,447,967     7.750%       18,581        0         --       --
106         2,431,971     7.990%       17,869        0         --       --
107         1,374,092     7.950%       10,667        0         --       --
108           907,812     7.950%        7,047        0         --       --
109         2,279,682     7.550%       17,072        0         --       --
110         2,252,682     7.640%       16,937        0         --       --
111         2,242,430     8.610%       18,285        0         --       --
112         2,241,400     7.970%       17,321        0         --       --
113         2,236,771     7.740%       16,104        0         --       --
114         2,232,738     7.410%       15,573        0         --       --
115         2,229,460     7.950%       17,291        0         --       A
116         2,208,426     7.100%       14,953        0         --       --
117         2,195,168     8.110%       16,312        0         --       --
118         2,189,912     7.380%       15,202        0         --       --
119         2,174,222     8.135%       17,021        0         --       --
<FN>
(1)  Legend:
     A.   P&I Adv - in Grace Period
     B.   P&I Adv - less one month delinquent
     1.   P&I Adv - delinquent one month
     2.   P&I Adv - delinquent two months
     3.   P&I Adv - delinquent 3+ months
     4.   Mat. Balloon/Assumed P&I
     5.   Prepaid in Full
     6.   Specially Serviced
     7.   Foreclosure
     8.   Bankruptcy
     9.   REO
     10.  DPO
     11.  Modification
</FN>
</TABLE>

                                   Page - 23
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
            Ending                                                     Loan
Disc       Principal       Note      Scheduled            Prepayment  Status
Ctrl#       Balance        Rate         P&I     Prepayment  Date      Code (1)
<S>      <C>              <C>       <C>           <C>      <C>          <C>
120         2,170,351     8.210%       16,279        0         --       A
121         2,134,610     7.960%       16,570        0         --       --
122         2,122,156     8.160%       16,666        0         --       --
123         2,115,353     8.120%       16,570        0         --       --
124         2,079,012     7.440%       15,437        0         --       B
125         2,076,075     7.000%       13,971        0         --       --
126         2,019,516     8.020%       14,887        0         --       --
127         2,008,882     8.150%       15,831        0         --       --
128         1,992,236     7.890%       15,291        0         --       --
129         1,991,925     7.860%       14,481        0         --       --
130         1,980,151     7.480%       14,754        0         --       --
131         1,971,027     7.430%       16,026        0         --       --
132         1,962,484     7.150%       13,373        0         --       --
133         1,932,525     8.625%       15,245        0         --       A
134         1,906,885     7.470%       13,386        0         --       --
135         1,889,759     8.320%       15,070        0         --       --
136         1,875,065     7.030%       13,465        0         --       --
137         1,853,703     7.880%       17,789        0         --       --
138         1,843,334     8.270%       14,611        0         --       --
139         1,840,029     8.320%       14,673        0         --       --
140         1,831,107     7.810%       13,971        0         --       --
141         1,795,026     7.520%       12,625        0         --       --
142         1,793,208     8.990%       15,093        0         --       --
143         1,793,314     8.160%       13,409        0         --       --
144         1,787,466     8.880%       16,056        0         --       --
145         1,786,353     7.250%       13,047        0         --       --
146         1,778,849     7.660%       13,490        0         --       B
147         1,776,374     7.720%       13,464        0         --       --
148         1,768,273     7.730%       13,399        0         --       --
149         1,745,745     7.850%       14,557        0         --       --
150         1,737,259     7.120%       12,574        0         --       --
151         1,732,914     8.090%       13,611        0         --       --
152         1,705,612     7.990%       16,475        0         --       --
153         1,715,748     9.000%       14,476        0         --       --
154         1,698,292     8.140%       12,655        0         --       --
155         1,675,700     8.200%       13,229        0         --       --
156         1,668,953     8.260%       13,218        0         --       --
157         1,643,538     8.090%       13,949        0         --       --
158         1,635,866     8.370%       13,062        0         --       B
159         1,622,998     8.090%       12,748        0         --       --
160         1,593,570     7.370%       11,045        0         --       --
161         1,590,930     7.490%       11,176        0         --       --
162         1,586,504     7.030%       10,677        0         --       --
163         1,553,438     8.170%       11,626        0         --       --
164         1,526,767     9.000%       12,882        0         --       --
165         1,526,506     7.965%       11,189        0         --       --
166         1,525,666     7.860%       11,078        0         --       --
167         1,503,789     6.960%       10,718        0         --       --
168         1,491,693     7.110%       10,707        0         --       --
169         1,480,919     7.210%       10,803        0         --       --
170         1,480,265     7.920%       11,391        0         --       --
171         1,416,434     7.760%       10,773        0         --       --
172           967,917     7.840%        7,404        0         --       --
173           447,838     7.840%        3,426        0         --       --
174         1,412,453     6.950%       10,072        0         --       --
175         1,394,996     8.310%       11,094        0         --       --
176         1,388,580     7.800%       11,537        0         --       --
177         1,386,179     7.510%       10,355        0         --       --
<FN>
(1)  Legend:
     A.   P&I Adv - in Grace Period
     B.   P&I Adv - less one month delinquent
     1.   P&I Adv - delinquent one month
     2.   P&I Adv - delinquent two months
     3.   P&I Adv - delinquent 3+ months
     4.   Mat. Balloon/Assumed P&I
     5.   Prepaid in Full
     6.   Specially Serviced
     7.   Foreclosure
     8.   Bankruptcy
     9.   REO
     10.  DPO
     11.  Modification
</FN>
</TABLE>
                                   Page - 24
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
            Ending                                                     Loan
Disc       Principal       Note      Scheduled            Prepayment  Status
Ctrl#       Balance        Rate         P&I     Prepayment  Date      Code (1)
<S>      <C>              <C>       <C>           <C>      <C>          <C>
178         1,377,288     7.940%       10,673        0         --       --
179         1,343,553     7.870%       10,304        0         --       --
180         1,341,931     7.790%       10,232        0         --       --
181         1,315,906     7.450%        9,219        0         --       --
182         1,271,011     8.010%       12,326        0         --       --
183         1,260,455     7.530%        8,899        0         --       B
184         1,259,076     7.520%        8,848        0         --       --
185         1,254,224     9.110%       10,669        0         --       B
186         1,229,076     7.625%        9,347        0         --       A
187         1,229,056     7.830%        9,393        0         --       --
188         1,191,626     7.720%        9,040        0         --       --
189         1,185,160     8.550%       10,100        0         --       --
190         1,177,515     7.075%        9,358        0         --       --
191         1,144,677     8.025%        8,895        0         --       --
192         1,140,768     8.650%        9,377        0         --       A
193         1,134,960     7.050%        8,165        0         --       --
194         1,132,500     7.810%        8,641        0         --       --
195         1,133,766     8.510%        8,743        0         --       A
196           374,909     6.910%        2,664        0         --       --
197           374,909     6.910%        2,664        0         --       --
198           360,110     6.910%        2,559        0         --       --
199         1,095,613     7.750%        8,309        0         --       --
200         1,092,455     7.625%        7,821        0         --       A
201         1,087,962     7.465%        8,104        0         --       --
202         1,042,644     7.700%        7,897        0         --       --
203         1,036,405     7.560%        7,800        0         --       --
204         1,031,043     8.900%        8,648        0         --       --
205         1,027,669     7.625%        7,815        0         --       A
206         1,019,774     7.540%        7,601        0         --       --
207         1,012,691     7.980%        7,434        0         --       A
208         1,006,956     8.240%        7,976        0         --       A
209           995,320     7.970%        7,698        0         --       --
210           994,932     7.570%        7,436        0         --       --
211           993,130     7.800%        7,586        0         --       --
212           966,411     7.450%        9,242        0         --       --
213           956,318     7.770%        7,271        0         --       B
214           945,714     8.150%        7,427        0         --       --
215           944,890     8.330%        7,541        0         --       --
216           933,831     7.875%        7,294        0         --       --
217           931,318     7.780%        7,726        0         --       --
218           933,388     8.500%        7,584        0         --       A
219           926,102     7.700%        6,999        0         --       --
220           919,510     7.700%        6,595        0         --       --
221           884,641     7.150%        6,412        0         --       --
222           872,145     7.350%        6,432        0         --       --
223           869,493     7.790%        6,633      276         --       A
224           829,816     7.970%        6,413        0         --       --
225           822,135     8.250%        6,544        0         --       A
226           820,411     8.160%        6,455        0         --       --
227           820,281     8.200%        6,497        0         --       --
228           803,910     7.625%        6,113        0         --       A
229           793,783     8.630%        7,939        0         --       --
230           726,317     7.630%        5,494        0         --       --
231           672,137     7.750%        5,136        0         --       --
232           658,579     9.170%        5,633        0         --       --
<FN>
(1)  Legend:
     A.   P&I Adv - in Grace Period
     B.   P&I Adv - less one month delinquent
     1.   P&I Adv - delinquent one month
     2.   P&I Adv - delinquent two months
     3.   P&I Adv - delinquent 3+ months
     4.   Mat. Balloon/Assumed P&I
     5.   Prepaid in Full
     6.   Specially Serviced
     7.   Foreclosure
     8.   Bankruptcy
     9.   REO
     10.  DPO
     11.  Modification
</FN>
</TABLE>

                                   Page - 25
<PAGE>
<TABLE>
                          LOAN LEVEL DETAIL, Continued
<CAPTION>
            Ending                                                     Loan
Disc       Principal       Note      Scheduled            Prepayment  Status
Ctrl#       Balance        Rate         P&I     Prepayment  Date      Code (1)
<S>      <C>              <C>       <C>           <C>      <C>          <C>

233           652,485     8.500%        5,286        0         --       A
234           593,584     7.050%        4,260        0         --       --
235           542,371     7.820%        4,142        0         --       --
236           514,077     8.000%        4,052        0         --       --
237           493,457     8.000%        3,859        0         --       --
238           486,094     8.410%        4,897        0         --       --
239           467,521     8.125%        3,698        0         --       --
240           434,938     7.625%        3,302        0         --       --
241           428,127     8.625%        3,845        0         --       --
242           414,173     8.375%        3,347        0         --       --
- ---      ------------     -----     ---------     ----     --------     ---
          731,955,122        --            --      276         --       --
         ============     =====     =========     ====     ========     ===
<FN>
(1)  Legend:
     A.   P&I Adv - in Grace Period
     B.   P&I Adv - less one month delinquent
     1.   P&I Adv - delinquent one month
     2.   P&I Adv - delinquent two months
     3.   P&I Adv - delinquent 3+ months
     4.   Mat. Balloon/Assumed P&I
     5.   Prepaid in Full
     6.   Specially Serviced
     7.   Foreclosure
     8.   Bankruptcy
     9.   REO
     10.  DPO
     11.  Modification
</FN>
</TABLE>

<TABLE>
                         SPECIALLY SERVICED LOAN DETAIL
<CAPTION>
                                                         Specially
              Beginning                                  Serviced
Disclosure    Schedule   Interest   Maturity  Property   Status
Control #      Balance     Rate      Date       Type     Code (1)     Comments
<S>         <C>           <C>      <C>        <C>        <C>          <C>


<FN>
(1)  Legend :
     1)  Request for waiver of Prepayment Penalty
     2)   Payment default
     3)   Request for Loan Modification or Workout
     4)  Loan with Borrower Bankruptcy
     5)  Loan in Process of Foreclosure
     6)  Loan now REO Property
     7)  Loans Paid Off
     8)  Loans Returned to Master Servicer
</FN>
</TABLE>


                              MODIFIED LOAN DETAIL

Disclosure   Modification      Modification
Control #       Date           Description


                                   Page - 26
<PAGE>


                              REALIZED LOSS DETAIL


                                         Beginning            Gross Proceeds
Dist.  Disclosure  Appraisal  Appraisal  Scheduled   Gross      as a % of
Date   Control #     Date       Value     Balance   Proceeds  Sched Principal



Current Total
Cumulative


<TABLE>
                         REALIZED LOSS DETAIL, Continued
<CAPTION>
         Aggregate       Net        Net Proceeds
Dist.   Liquidation   Liquidation    as a % of      Realized
Date    Expenses (1)   Proceeds     Sched. Balance    Loss
<S>     <C>           <C>           <C>             <C>


Current Total
Cumulative
<FN>
(1)  Aggregate liquidation expenses also include outstanding P&I advances and
     unpaid servicing fees, unpaid trustee fees, etc..
</FN>
</TABLE>

                                   Page - 27

                 MIDLAND LOAN SERVICES, L.P. - Master Servicer
                  Loan Portfolio Analysis System - Loan Status
                    PORTFOLIO: COMM MTGE ACCEPT CORP 1999 C1
                        REPORTING PERIOD: October, 1999
                            DATE PRINTED: 18-Oct-99
<TABLE>
<CAPTION>
               CURRENT
               PRINCIPAL      DAYS                      ENVIRON
ASSET NO       BALANCE       DELINQ     LTV      DSCR    ISSUES      ASSET STATUS                  RESOLUTION TYPE
<S>        <C>                <C>      <C>       <C>      <C>        <C>                           <C>
001           32,116,692       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
002           22,853,390       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
003           15,375,474       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
004           14,000,000       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
005           12,200,000       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
006            4,843,055       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
007            3,994,272       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
008            2,186,864       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
009           10,474,354       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
010           10,010,330       0        79.4%    1.46     N/A        PERFORMING                    PERFORM TO MATURITY
011            9,442,696       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
012            8,675,543       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
013            8,388,495       0        79.5%    1.55     N/A        PERFORMING                    PERFORM TO MATURITY
014            8,126,593       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
015            7,750,000       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
016            7,573,120       0        69.2%    1.03     N/A        PERFORMING                    PERFORM TO MATURITY
017            7,481,712       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
018            7,383,214       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
019            6,993,824       0        77.9%    1.41     N/A        PERFORMING                    PERFORM TO MATURITY
021            6,631,265       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
022            6,374,961       0        72.9%    1.42     N/A        PERFORMING                    PERFORM TO MATURITY
023            6,349,063       0        79.2%    1.40     N/A        PERFORMING                    PERFORM TO MATURITY
024            6,282,277       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
025            6,118,714       0        72.4%    0.92     N/A        PERFORMING                    PERFORM TO MATURITY
026            5,985,370       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
027            5,574,777       0        77.9%    1.35     N/A        PERFORMING                    PERFORM TO MATURITY
028            5,524,599       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
029            5,491,553       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
030            5,466,266       0        70.9%    1.83     N/A        PERFORMING                    PERFORM TO MATURITY
031            5,455,447       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
032            5,407,388       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
033            5,274,023       0        74.8%    0.56     N/A        PERFORMING                    PERFORM TO MATURITY
034            5,258,099       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
035            5,045,899       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
036            4,979,126       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
037            4,982,000       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
038            4,971,745       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
039            4,969,072       0        79.3%    1.43     N/A        PERFORMING                    PERFORM TO MATURITY
040            4,882,801       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
041            4,788,462       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
042            4,723,490       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
043            4,701,076       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
044            4,671,315       0        77.3%    1.64     N/A        PERFORMING                    PERFORM TO MATURITY
045            4,640,276       0        72.2%    1.77     N/A        WATCH LIST REVIEW PENDING     PERFORM TO MATURITY
046            4,597,486       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
047            4,588,359       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
048            4,579,954       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
049            4,570,355       0        78.8%    1.45     N/A        PERFORMING                    PERFORM TO MATURITY
050            4,380,324       0        55.5%    1.81     N/A        PERFORMING                    PERFORM TO MATURITY
051            4,386,403       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
052            4,381,941       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
053            4,228,740       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
054            4,224,831       0        74.1%    1.62     N/A        PERFORMING                    PERFORM TO MATURITY
055            4,160,074       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
056            4,096,902       0        66.7%    1.70     N/A        PERFORMING                    PERFORM TO MATURITY
057            4,050,490       0        78.6%    1.22     N/A        PERFORMING                    PERFORM TO MATURITY
058            4,026,244       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
059            4,025,326       0        74.5%    1.40     N/A        PERFORMING                    PERFORM TO MATURITY
060            3,975,941       0        69.0%    1.80     N/A        PERFORMING                    PERFORM TO MATURITY
061            3,972,031       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
062            3,964,906       0        73.4%    1.11     N/A        PERFORMING                    PERFORM TO MATURITY
063            3,958,677       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
064            3,891,410       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
065            3,829,249       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
</TABLE>

                                   Page - 28
<PAGE>
<TABLE>
<CAPTION>
               CURRENT
               PRINCIPAL      DAYS                      ENVIRON
ASSET NO       BALANCE       DELINQ     LTV      DSCR    ISSUES      ASSET STATUS                  RESOLUTION TYPE
<S>        <C>                <C>      <C>       <C>      <C>        <C>                           <C>
066            2,958,868       0        71.2%    1.54     N/A        PERFORMING                    PERFORM TO MATURITY
067              828,473       0        72.0%    1.34     N/A        PERFORMING                    PERFORM TO MATURITY
068            3,729,524       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
069            3,724,288       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
070            3,699,521       0        73.6%    0.99     N/A        PERFORMING                    PERFORM TO MATURITY
071            3,575,758       0        77.1%    2.57     N/A        PERFORMING                    PERFORM TO MATURITY
072            3,501,644       0        73.2%    1.34     N/A        PERFORMING                    PERFORM TO MATURITY
073            3,473,221       0        56.8%    1.49     N/A        PERFORMING                    PERFORM TO MATURITY
074            3,446,844       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
075            3,389,494       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
076            3,339,339       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
077            3,320,177       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
078            3,281,539       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
079            3,263,652       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
080            3,240,115       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
081            3,206,055       0        71.1%    1.40     N/A        PERFORMING                    PERFORM TO MATURITY
082            3,188,216       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
083            3,184,810       0        66.1%    1.23     N/A        PERFORMING                    PERFORM TO MATURITY
084            3,038,342       0        73.4%    1.55     N/A        PERFORMING                    PERFORM TO MATURITY
085            2,988,593       0        58.2%    1.55     N/A        PERFORMING                    ORIGINATION
086            2,971,288       0         N/A     1.49     N/A        PERFORMING                    PERFORM TO MATURITY
087            2,930,226       0        79.4%    1.59     N/A        PERFORMING                    PERFORM TO MATURITY
088            2,922,957       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
089            2,882,136       0        66.3%    1.88     N/A        PERFORMING                    PERFORM TO MATURITY
090            2,879,095       0        72.9%    1.57     N/A        PERFORMING                    PERFORM TO MATURITY
091            2,782,877       0        78.8%    1.76     N/A        PERFORMING                    PERFORM TO MATURITY
092            2,764,143       0        66.8%    1.76     N/A        PERFORMING                    PERFORM TO MATURITY
093            2,756,146       0        66.6%    2.55     N/A        PERFORMING                    PERFORM TO MATURITY
094            2,733,101       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
095            2,705,342       0        70.2%    1.84     N/A        PERFORMING                    PERFORM TO MATURITY
096            2,695,340       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
097            2,669,030       0        69.5%    1.90     N/A        PERFORMING                    PERFORM TO MATURITY
098            2,621,915       0        74.0%    1.33     N/A        PERFORMING                    PERFORM TO MATURITY
099            2,613,943       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
100            2,533,501       0        72.1%    1.44     N/A        PERFORMING                    PERFORM TO MATURITY
101            2,487,820       0        72.2%    2.06     N/A        PERFORMING                    PERFORM TO MATURITY
102            2,472,122       0        72.6%    2.43     N/A        PERFORMING                    PERFORM TO MATURITY
103            2,460,600       0        68.0%    1.74     N/A        PERFORMING                    PERFORM TO MATURITY
104            2,433,513       0        44.2%    2.22     N/A        PERFORMING                    PERFORM TO MATURITY
105            2,447,967       0        69.9%    1.55     N/A        PERFORMING                    PERFORM TO MATURITY
106            2,431,971       0        75.5%    1.68     N/A        PERFORMING                    PERFORM TO MATURITY
107            1,374,092       0        72.2%    1.37     N/A        PERFORMING                    PERFORM TO MATURITY
107            1,013,386       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
108              907,812       0        71.9%    1.37     N/A        PERFORMING                    PERFORM TO MATURITY
109            2,279,682       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
110            2,252,682       0        77.6%    0.75     N/A        PERFORMING                    PERFORM TO MATURITY
111            2,242,430       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
112            2,241,400       0        74.7%    1.35     N/A        PERFORMING                    PERFORM TO MATURITY
113            2,236,771       0        66.8%    1.49     N/A        PERFORMING                    PERFORM TO MATURITY
114            2,232,738       0        77.0%    1.75     N/A        PERFORMING                    PERFORM TO MATURITY
115            2,231,965       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
116            2,208,426       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
117            2,195,168       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
118            2,189,912       0        77.7%    1.56     N/A        PERFORMING                    PERFORM TO MATURITY
119            2,174,222       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
120            2,171,771       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
121            2,134,610       0        68.7%    1.72     N/A        PERFORMING                    PERFORM TO MATURITY
122            2,122,156       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
123            2,115,353       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
124            2,081,544       0        77.8%    1.40     N/A        PERFORMING                    PERFORM TO MATURITY
125            2,076,075       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
126            2,019,516       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
127            2,008,882       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
128            1,992,236       0        71.4%    1.46     N/A        PERFORMING                    PERFORM TO MATURITY
129            1,991,925       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
130            1,980,151       0        79.2%    1.47     N/A        PERFORMING                    PERFORM TO MATURITY
131            1,971,027       0        73.3%    1.24     N/A        PERFORMING                    PERFORM TO MATURITY
132            1,962,484       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
133            1,933,870       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
134            1,906,885       0        77.4%    1.91     N/A        PERFORMING                    PERFORM TO MATURITY
135            1,889,759       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
136            1,875,065       0        78.0%    1.74     N/A        PERFORMING                    PERFORM TO MATURITY
137            1,853,703       0        51.5%    1.96     N/A        PERFORMING                    PERFORM TO MATURITY
</TABLE>

                                   Page - 29
<PAGE>
<TABLE>
<CAPTION>
               CURRENT
               PRINCIPAL      DAYS                      ENVIRON
ASSET NO       BALANCE       DELINQ     LTV      DSCR    ISSUES      ASSET STATUS                  RESOLUTION TYPE
<S>        <C>                <C>      <C>       <C>      <C>        <C>                           <C>
138            1,843,334       0        72.8%    1.54     N/A        PERFORMING                    PERFORM TO MATURITY
139            1,840,029       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
140            1,831,107       0        68.9%    2.00     N/A        PERFORMING                    PERFORM TO MATURITY
141            1,795,026       0        75.8%    1.24     N/A        PERFORMING                    PERFORM TO MATURITY
142            1,793,208       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
143            1,793,314       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
144            1,787,466       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
145            1,786,353       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
146            1,780,970       0        71.1%    1.28     N/A        PERFORMING                    PERFORM TO MATURITY
147            1,776,374       0        77.7%    1.55     N/A        PERFORMING                    PERFORM TO MATURITY
148            1,768,273       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
149            1,745,745       0        71.3%    1.22     N/A        PERFORMING                    PERFORM TO MATURITY
150            1,737,259       0        73.9%    1.39     N/A        PERFORMING                    PERFORM TO MATURITY
151            1,732,914       0        73.7%    1.49     N/A        PERFORMING                    PERFORM TO MATURITY
152            1,705,612       0        59.8%    2.44     N/A        PERFORMING                    PERFORM TO MATURITY
153            1,715,748       0        66.3%    2.21     N/A        PERFORMING                    PERFORM TO MATURITY
154            1,698,292       0        72.3%    2.13     N/A        PERFORMING                    PERFORM TO MATURITY
155            1,675,700       0        64.2%    1.47     N/A        PERFORMING                    PERFORM TO MATURITY
156            1,668,953       0        68.8%    1.37     N/A        PERFORMING                    PERFORM TO MATURITY
157            1,643,538       0        78.4%    1.14     N/A        PERFORMING                    PERFORM TO MATURITY
158            1,637,507       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
159            1,622,998       0        69.3%    2.44     N/A        PERFORMING                    PERFORM TO MATURITY
160            1,593,570       0        64.4%    1.60     N/A        PERFORMING                    ORIGINATION
161            1,590,930       0        76.9%    1.07     N/A        PERFORMING                    PERFORM TO MATURITY
162            1,586,504       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
163            1,553,438       0        71.6%    1.78     N/A        PERFORMING                    PERFORM TO MATURITY
164            1,526,767       0        72.8%    1.00     N/A        PERFORMING                    PERFORM TO MATURITY
165            1,526,506       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
166            1,525,666       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
167            1,503,789       0        72.4%    1.46     N/A        PERFORMING                    PERFORM TO MATURITY
168            1,491,693       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
169            1,480,919       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
170            1,480,265       0        72.1%    1.07     N/A        PERFORMING                    PERFORM TO MATURITY
171            1,416,434       0        73.8%    1.66     N/A        PERFORMING                    PERFORM TO MATURITY
172              967,917       0        71.9%    1.46     N/A        PERFORMING                    PERFORM TO MATURITY
173              447,838       0        71.1%    1.43     N/A        PERFORMING                    PERFORM TO MATURITY
174            1,412,453       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
175            1,394,996       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
176            1,388,580       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
177            1,386,179       0        73.6%    1.91     N/A        PERFORMING                    PERFORM TO MATURITY
178            1,377,288       0        77.5%    1.51     N/A        PERFORMING                    PERFORM TO MATURITY
179            1,343,553       0        71.0%    1.64     N/A        PERFORMING                    PERFORM TO MATURITY
180            1,341,931       0        73.3%    1.79     N/A        PERFORMING                    PERFORM TO MATURITY
181            1,315,906       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
182            1,271,011       0        60.3%    1.93     N/A        PERFORMING                    PERFORM TO MATURITY
183            1,261,438       0        74.7%    1.61     N/A        PERFORMING                    PERFORM TO MATURITY
184            1,259,076       0        76.9%    1.45     N/A        PERFORMING                    PERFORM TO MATURITY
185            1,255,363       0        69.7%    2.37     N/A        PERFORMING                    PERFORM TO MATURITY
186            1,230,604       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
187            1,229,055       0        72.6%    1.65     N/A        PERFORMING                    PERFORM TO MATURITY
188            1,191,626       0        74.3%    0.52     N/A        PERFORMING                    PERFORM TO MATURITY
189            1,185,160       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
190            1,177,515       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
191            1,144,677       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
192            1,141,913       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
193            1,134,960       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
194            1,132,500       0        68.1%    1.62     N/A        PERFORMING                    PERFORM TO MATURITY
195            1,134,464       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
196              374,909       0        69.8%    2.00     N/A        PERFORMING                    PERFORM TO MATURITY
197              374,909       0        68.5%    1.55     N/A        PERFORMING                    PERFORM TO MATURITY
198              360,110       0        69.0%    1.98     N/A        PERFORMING                    PERFORM TO MATURITY
199            1,095,613       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
20             6,921,032       0        70.5%    1.81     N/A        PERFORMING                    ORIGINATION
200            1,093,329       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
201            1,087,962       0        70.1%    1.75     N/A        PERFORMING                    PERFORM TO MATURITY
202            1,042,644       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
203            1,036,405       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
204            1,031,043       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
205            1,028,946       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
206            1,019,774       0        75.2%    1.44     N/A        PERFORMING                    PERFORM TO MATURITY
208            1,008,010       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
209              995,320       0        69.3%    1.69     N/A        PERFORMING                    PERFORM TO MATURITY
210              994,932       0        72.8%    1.55     N/A        PERFORMING                    ORIGINATION
</TABLE>

                                   Page - 30
<PAGE>
<TABLE>
<CAPTION>
               CURRENT
               PRINCIPAL      DAYS                      ENVIRON
ASSET NO       BALANCE       DELINQ     LTV      DSCR    ISSUES      ASSET STATUS                  RESOLUTION TYPE
<S>        <C>                <C>      <C>       <C>      <C>        <C>                           <C>
211              993,130       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
212              966,411       0        39.0%    3.64     N/A        PERFORMING                    PERFORM TO MATURITY
213              957,390       0        72.2%    1.74     N/A        PERFORMING                    ORIGINATION
214              945,714       0        63.0%    1.75     N/A        PERFORMING                    ORIGINATION
215              944,890       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
216              933,831       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
217              931,318       0        89.7%    0.98     N/A        PERFORMING                    PERFORM TO MATURITY
218              934,354       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
219              926,102       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
220              919,510       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
221              884,641       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
222              872,147       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
223              870,474       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
224              829,816       0        72.4%    1.59     N/A        PERFORMING                    PERFORM TO MATURITY
225              823,021       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
226              820,411       0        72.7%    0.76     N/A        PERFORMING                    PERFORM TO MATURITY
227              820,281       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
228              804,909       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
229              793,783       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
230              726,317       0        71.3%    1.40     N/A        PERFORMING                    PERFORM TO MATURITY
231              672,137       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
232              658,579       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
233              653,144       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
234              593,584       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
235              542,371       0        74.2%    1.33     N/A        PERFORMING                    PERFORM TO MATURITY
236              493,457       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
236              514,077       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
238              486,094       0        57.7%    1.80     N/A        PERFORMING                    PERFORM TO MATURITY
239              467,521       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
240              434,938       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
241              428,127       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
242              414,173       0         N/A     0.00     N/A        PERFORMING                    PERFORM TO MATURITY
- --         -------------     ---      ------     ----     ---        -------------------------     ------------------------------
TOTAL        732,053,335
           =============
</TABLE>

                                   Page - 31
<PAGE>
                 MIDLAND LOAN SERVICES, L.P. - Master Servicer
                  Loan Portfolio Analysis System - Loan Terms
                    PORTFOLIO: COMM MTGE ACCEPT CORP 1999 C1
                        REPORTING PERIOD: October, 1999
                            DATE PRINTED: 18-Oct-99
<TABLE>
<CAPTION>
                                                              REMAIN
                CURRENT         ORIG                          LOAN TERM               INT
                PRINCIPAL       NOTE         LOAN AMORT       IN         INT          RATE
ASSET NO        BALANCE         DATE            DATE          MONTHS     RATE         TYPE            PAYMENT
<S>          <C>               <C>            <C>             <C>        <C>            <C>           <C>
001            32,116,692      09/09/1998     10/01/2028      108        7.200%         F             219,927
002            22,853,390      03/17/1999     04/01/2024      114        7.450%         F             169,221
003            15,375,474      07/27/1999     05/01/2028      343        7.170%         F             105,277
004            14,000,000      04/16/1999     05/01/2026      319        7.870%         F              94,877
005            12,200,000      04/16/1999     05/01/2026      319        7.870%         F              82,679
006             4,843,055      06/24/1999     07/01/2029      117        8.320%         F              36,675
007             3,994,272      06/24/1999     07/01/2029      117        8.320%         F              30,248
008             2,186,864      06/24/1999     07/01/2029      117        8.320%         F              16,561
009            10,474,354      04/22/1999     05/01/2029      355        7.390%         F              72,628
010            10,010,330      02/17/1999     03/01/2029      113        7.240%         F              68,491
011             9,442,696      04/23/1998     01/01/2029      351        7.550%         F              66,751
012             8,675,543      05/04/1999     06/01/2029      116        7.150%         F              58,760
013             8,388,495      02/18/1999     03/01/2029      113        6.990%         F              55,989
014             8,126,593      04/26/1999     05/01/2029      115        7.810%         F              58,726
015             7,750,000      04/16/1999     05/01/2026      319        7.870%         F              52,521
016             7,573,120      03/30/1999     04/01/2029      114        7.870%         F              55,079
017             7,481,712      05/07/1999     06/01/2029      356        7.715%         F              53,550
018             7,383,214      05/20/1999     06/01/2029      356        7.990%         F              54,247
019             6,993,824      04/21/1999     05/01/2029      115        6.810%         F              45,812
021             6,631,265      03/31/1998     12/01/2023      290        7.820%         F              50,915
022             6,374,961      05/19/1999     06/01/2024      116        7.850%         F              48,762
023             6,349,063      11/23/1998     12/01/2008      110        6.810%         F              41,766
024             6,282,277      06/14/1999     07/01/2024      117        7.850%         F              48,000
025             6,118,714      05/27/1999     06/01/2029      116        7.890%         F              44,532
026             5,985,370      05/07/1999     06/01/2029      356        7.715%         F              42,840
027             5,574,777      05/12/1999     06/01/2024      116        8.010%         F              43,228
028             5,524,599      03/31/1999     10/01/2026      324        7.860%         F              41,121
029             5,491,553      06/03/1999     07/01/2029      117        8.090%         F              40,703
030             5,466,266      04/08/1999     05/01/2022      115        7.630%         F              42,332
031             5,455,447      01/06/1999     02/01/2024      112        8.050%         F              42,632
032             5,407,388      06/02/1997     07/01/2027       57        8.830%         F              43,584
033             5,274,023      04/09/1999     05/01/2029      115        7.940%         F              38,559
034             5,258,099      07/27/1998     11/01/2028      349        7.310%         F              36,371
035             5,045,899      05/07/1999     06/01/2015      188        7.415%         F              45,437
036             4,979,126      05/24/1999     06/01/2024      296        7.510%         F              36,982
037             4,982,000      02/04/1999     03/01/2029      353        8.270%         F              37,634
038             4,971,745      03/23/1999     04/01/2024      114        8.080%         F              38,856
039             4,969,072      02/02/1999     02/01/2029      112        7.250%         F              34,109
040             4,882,801      06/09/1999     07/01/2029      117        8.230%         F              36,668
041             4,788,462      07/21/1998     06/01/2029      356        7.770%         F              34,454
042             4,723,490      12/17/1998     01/01/2029      111        7.960%         F              34,721
043             4,701,076      04/20/1998     06/01/2018      224        7.460%         F              38,953
044             4,671,315      12/23/1998     01/01/2029      111        7.580%         F              33,121
045             4,640,276      05/11/1999     06/01/2029      116        8.290%         F              35,065
046             4,597,486      05/28/1999     06/01/2014      176        7.940%         F              44,277
047             4,588,359      04/29/1999     05/01/2029      115        8.255%         F              34,574
048             4,579,954      02/17/1999     03/01/2029      113        7.575%         F              32,400
049             4,570,355      02/02/1999     02/01/2029      112        7.050%         F              30,759
050             4,380,324      12/08/1998     01/01/2014      171        7.770%         F              42,409
051             4,386,403      05/24/1999     06/01/2024      296        9.020%         F              36,985
052             4,381,941      05/21/1999     06/01/2024      116        7.600%         F              32,802
053             4,228,740      04/01/1999     04/01/2024      294        8.690%         F              34,768
054             4,224,831      04/09/1999     05/01/2029      115        7.810%         F              30,530
055             4,160,074      08/20/1998     09/01/2028      347        6.840%         F              27,493
056             4,096,902      04/21/1999     05/01/2024      115        7.760%         F              31,124
057             4,050,490      01/14/1999     02/01/2029      112        7.220%         F              27,716
058             4,026,244      12/28/1998     01/01/2029      111        7.750%         F              29,015
059             4,025,326      02/03/1999     03/01/2024      113        7.510%         F              29,955
060             3,975,941      01/13/1999     02/01/2029      112        7.220%         F              27,206
061             3,972,031      02/12/1999     03/01/2024      293        7.710%         F              30,108
062             3,964,906      01/15/1999     02/01/2024      112        7.590%         F              29,794
063             3,958,677      12/17/1998     01/01/2024      111        7.250%         F              28,912
064             3,891,410      05/11/1999     06/01/2029      116        8.100%         F              28,889
065             3,829,249      03/15/1999     04/01/2024      294        8.320%         F              30,536
</TABLE>

                                   Page - 32
<PAGE>
<TABLE>
<CAPTION>
                                                              REMAIN
                CURRENT         ORIG                          LOAN TERM               INT
                PRINCIPAL       NOTE         LOAN AMORT       IN         INT          RATE
ASSET NO        BALANCE         DATE            DATE          MONTHS     RATE         TYPE            PAYMENT
<S>          <C>               <C>            <C>             <C>        <C>            <C>           <C>
066             2,958,868      04/06/1999     05/01/2019      115        8.450%         F              25,776
067               828,473      04/06/1999     05/01/2024      115        8.450%         F               6,671
068             3,729,524      04/16/1999     05/01/2029      355        7.900%         F              27,183
069             3,724,288      02/08/1999     03/01/2024      113        7.810%         F              28,473
070             3,699,521      03/30/1999     04/01/2029      114        7.770%         F              26,652
071             3,575,758      11/11/1998     12/01/2028      110        7.530%         F              25,246
072             3,501,644      04/29/1999     05/01/2029      115        7.480%         F              24,494
073             3,473,221      03/12/1999     04/01/2019      114        8.250%         F              29,822
074             3,446,844      03/03/1999     04/01/2029      114        7.590%         F              24,406
075             3,389,494      05/24/1999     06/01/2024      296        9.020%         F              28,579
076             3,339,339      04/21/1999     05/01/2029      115        7.430%         F              23,263
077             3,320,177      12/29/1998     01/01/2029      111        7.700%         F              23,813
078             3,281,539      05/28/1999     06/01/2029      116        7.990%         F              24,111
079             3,263,652      03/26/1999     04/01/2024      114        7.660%         F              24,581
080             3,240,115      04/21/1999     05/01/2026      115        7.760%         F              23,988
081             3,206,055      03/06/1999     04/01/2024      114        7.880%         F              24,635
082             3,188,216      05/05/1999     06/01/2024      116        8.160%         F              25,038
083             3,184,810      04/07/1999     05/01/2024      115        7.900%         F              24,487
084             3,038,342      05/14/1999     06/01/2009      116        7.970%         F              23,480
085             2,988,593      03/09/1999     03/01/2029      138        7.590%         F              21,162
086             2,971,288      07/07/1998     08/01/2028      346        7.480%         F              20,935
087             2,930,226      12/17/1998     01/01/2029      111        7.170%         F              19,964
088             2,922,957      12/23/1998     01/01/2029      111        7.800%         F              21,164
089             2,882,136      01/28/1999     02/01/2029      112        7.110%         F              19,508
090             2,879,095      03/31/1999     04/01/2029      114        7.620%         F              20,445
091             2,782,877      03/03/1999     04/01/2024      114        7.670%         F              21,002
092             2,764,143      05/05/1999     06/01/2024      116        7.850%         F              21,143
093             2,756,146      05/01/1999     06/01/2024      176        8.850%         F              22,920
094             2,733,101      05/07/1999     06/01/2019      116        8.300%         F              23,518
095             2,705,342      01/28/1999     02/01/2024      112        7.420%         F              20,033
096             2,695,340      01/06/1999     02/01/2029      112        7.700%         F              19,321
097             2,669,030      11/30/1998     12/01/2008      110        7.640%         F              20,199
098             2,621,915      04/21/1999     05/01/2029      115        7.560%         F              18,498
099             2,613,943      03/15/1999     04/01/2029      114        7.180%         F              17,783
100             2,533,501      03/23/1999     04/01/2024      114        7.370%         F              18,629
101             2,487,820      04/22/1999     05/01/2024      115        7.770%         F              18,916
102             2,472,122      11/23/1998     12/01/2008      110        7.360%         F              18,248
103             2,460,600      03/31/1999     04/01/2024      114        7.930%         F              18,988
104             2,433,513      12/08/1998     01/01/2014      171        7.770%         F              23,561
105             2,447,967      04/27/1999     05/01/2024      115        7.750%         F              18,581
106             2,431,971      05/11/1999     06/01/2029      116        7.990%         F              17,869
107             1,374,092      11/09/1998     12/01/2023      110        7.950%         F              10,667
107             1,013,386      05/27/1999     06/01/2029      116        7.980%         F               7,434
108               907,812      11/09/1998     12/01/2023      110        7.950%         F               7,047
109             2,279,682      01/29/1999     02/01/2024      112        7.550%         F              17,072
110             2,252,682      04/29/1999     05/01/2024      115        7.640%         F              16,937
111             2,242,430      05/21/1999     06/01/2024      113        8.610%         F              18,285
112             2,241,400      04/30/1999     06/01/2024      116        7.970%         F              17,321
113             2,236,771      12/04/1998     01/01/2029      147        7.740%         F              16,104
114             2,232,738      12/30/1998     01/01/2029      111        7.410%         F              15,573
115             2,231,965      12/11/1988     01/01/2024      111        7.950%         F              17,291
116             2,208,426      11/23/1998     12/01/2028      110        7.100%         F              14,953
117             2,195,168      05/05/1999     06/01/2029      116        8.110%         F              16,312
118             2,189,912      02/23/1999     03/01/2029      113        7.380%         F              15,202
119             2,174,222      06/03/1999     07/01/2024      117        8.135%         F              17,021
120             2,171,771      05/12/1999     06/01/2029      120        8.210%         F              16,279
121             2,134,610      12/30/1998     01/01/2024      111        7.960%         F              16,570
122             2,122,156      05/21/1999     06/01/2024      116        8.160%         F              16,666
123             2,115,353      04/15/1999     05/01/2024      115        8.120%         F              16,570
124             2,081,544      12/21/1998     01/01/2024      111        7.440%         F              15,437
125             2,076,075      06/30/1998     07/01/2028      105        7.000%         F              13,971
126             2,019,516      04/30/1999     05/01/2029      115        8.020%         F              14,887
127             2,008,882      01/08/1999     02/01/2024      112        8.150%         F              15,831
128             1,992,236      05/17/1999     06/01/2024      116        7.890%         F              15,291
129             1,991,925      02/26/1999     03/01/2029      113        7.860%         F              14,481
130             1,980,151      12/16/1998     01/01/2024      111        7.480%         F              14,754
131             1,971,027      01/27/1999     02/01/2019      112        7.430%         F              16,026
132             1,962,484      09/30/1998     10/01/2028      108        7.150%         F              13,373
133             1,933,870      11/25/1997     12/01/2027       38        8.625%         F              15,245
134             1,906,885      11/30/1998     12/01/2008      110        7.470%         F              13,386
135             1,889,759      03/15/1999     04/01/2024      294        8.320%         F              15,070
136             1,875,065      10/27/1998     11/01/2023      109        7.030%         F              13,465
137             1,853,703      05/06/1999     06/01/2014      176        7.880%         F              17,789
</TABLE>

                                   Page - 33
<PAGE>
<TABLE>
<CAPTION>
                                                              REMAIN
                CURRENT         ORIG                          LOAN TERM               INT
                PRINCIPAL       NOTE         LOAN AMORT       IN         INT          RATE
ASSET NO        BALANCE         DATE            DATE          MONTHS     RATE         TYPE            PAYMENT
<S>          <C>               <C>            <C>             <C>        <C>            <C>           <C>
138             1,843,334      05/06/1999     06/01/2024      116        8.270%         F              14,611
139             1,840,029      03/15/1999     04/01/2024      294        8.320%         F              14,673
140             1,831,107      04/30/1999     05/01/2024      115        7.810%         F              13,971
141             1,795,026      03/25/1999     04/01/2029      114        7.520%         F              12,625
142             1,793,208      04/13/1999     05/01/2024      115        8.990%         F              15,093
143             1,793,314      02/18/1999     03/01/2029      113        8.160%         F              13,409
144             1,787,466      04/06/1999     05/01/2019      115        8.880%         F              16,056
145             1,786,353      12/17/1998     01/01/2024      111        7.250%         F              13,047
146             1,780,970      10/27/1998     11/01/2023      109        7.660%         F              13,490
147             1,776,374      03/29/1999     04/01/2024      114        7.720%         F              13,464
148             1,768,273      04/16/1999     05/01/2024      115        7.730%         F              13,399
149             1,745,745      04/29/1999     05/01/2019      115        7.850%         F              14,557
150             1,737,259      10/26/1998     11/01/2023      169        7.120%         F              12,574
151             1,732,914      11/30/1998     12/01/2008      110        8.090%         F              13,611
152             1,705,612      05/04/1999     06/01/2014      116        7.990%         F              16,475
153             1,715,748      02/25/1999     03/01/2024      113        9.000%         F              14,476
154             1,698,292      05/11/1999     06/01/2029      116        8.140%         F              12,655
155             1,675,700      03/22/1999     04/01/2024      114        8.200%         F              13,229
156             1,668,953      05/12/1999     06/01/2024      116        8.260%         F              13,218
157             1,643,538      04/05/1999     05/01/2019      235        8.090%         F              13,949
158             1,637,507      06/11/1999     07/01/2024      177        8.370%         F              13,062
159             1,622,998      11/17/1998     12/01/2023      110        8.090%         F              12,748
160             1,593,570      03/30/1999     04/01/2029      138        7.370%         F              11,045
161             1,590,930      01/18/1999     02/01/2029      112        7.490%         F              11,176
162             1,586,504      10/15/1998     11/01/2028      109        7.030%         F              10,677
163             1,553,438      02/12/1999     03/01/2029      113        8.170%         F              11,626
164             1,526,767      02/25/1999     03/01/2024      113        9.000%         F              12,882
165             1,526,506      05/27/1999     06/01/2029      116        7.965%         F              11,189
166             1,525,666      04/20/1999     05/01/2029      115        7.860%         F              11,078
167             1,503,789      11/02/1998     12/01/2023      110        6.960%         F              10,718
168             1,491,693      04/20/1999     05/01/2024      115        7.110%         F              10,707
169             1,480,919      10/19/1998     11/01/2023      169        7.210%         F              10,803
170             1,480,265      05/06/1999     06/01/2024      116        7.920%         F              11,391
171             1,416,434      03/23/1999     04/01/2024      114        7.760%         F              10,773
172               967,917      04/05/1999     05/01/2024      115        7.840%         F               7,404
173               447,838      04/05/1999     05/01/2024      115        7.840%         F               3,426
174             1,412,453      10/27/1998     11/01/2023      109        6.950%         F              10,072
175             1,394,996      05/06/1999     06/01/2024      116        8.310%         F              11,094
176             1,388,580      04/08/1999     01/31/2019      231        7.800%         F              11,537
177             1,386,179      12/30/1998     01/01/2024      111        7.510%         F              10,355
178             1,377,288      12/02/1998     01/01/2009      111        7.940%         F              10,673
179             1,343,553      04/28/1999     05/01/2024      115        7.870%         F              10,304
180             1,341,931      03/26/1999     04/01/2024      114        7.790%         F              10,232
181             1,315,906      11/06/1998     12/01/2028      109        7.450%         F               9,219
182             1,271,011      04/16/1999     05/01/2014      175        8.010%         F              12,326
183             1,261,438      11/11/1998     12/01/2028      110        7.530%         F               8,899
184             1,259,076      04/28/1999     02/01/2059      115        7.520%         F               8,848
185             1,255,363      03/12/1999     04/01/2024      114        9.110%         F              10,669
186             1,230,604      06/30/1998     07/01/2023      105        7.625%         F               9,347
187             1,229,055      04/07/1999     05/01/2024      115        7.830%         F               9,393
188             1,191,626      02/09/1999     03/01/2024      113        7.720%         F               9,040
189             1,185,160      11/10/1998     12/01/2022      110        8.550%         F              10,100
190             1,177,515      11/23/1998     12/01/2018      110        7.075%         F               9,358
191             1,144,677      04/16/1999     05/01/2024      115        8.025%         F               8,895
192             1,141,913      12/18/1998     01/01/2024      111        8.650%         F               9,377
193             1,134,960      10/14/1998     11/01/2023      109        7.050%         F               8,165
194             1,132,500      04/30/1999     05/01/2024      115        7.810%         F               8,641
195             1,134,464      05/11/1999     06/01/2029      116        8.510%         F               8,743
196               374,909      10/28/1998     11/01/2023      109        6.910%         F               2,664
197               374,909      10/28/1998     11/01/2023      109        6.910%         F               2,664
198               360,110      10/28/1998     11/01/2023      109        6.910%         F               2,559
199             1,095,613      05/21/1999     06/01/2024      116        7.750%         F               8,309
 20             6,921,032      04/23/1999     05/01/2024      175        8.530%         F              56,104
200             1,093,329      06/30/1998     07/01/2028      105        7.625%         F               7,821
201             1,087,962      11/06/1998     12/01/2023      110        7.465%         F               8,104
202             1,042,644      02/12/1999     03/01/2024      113        7.700%         F               7,897
203             1,036,405      09/10/1998     10/01/2023      108        7.560%         F               7,800
204             1,031,043      12/31/1998     01/01/2024      111        8.900%         F               8,648
205             1,028,946      06/30/1998     07/01/2023      105        7.625%         F               7,815
206             1,019,774      04/08/1999     05/01/2024      115        7.540%         F               7,601
208             1,008,010      03/29/1999     04/01/2024      174        8.240%         F               7,976
209               995,320      04/20/1999     05/01/2024      115        7.970%         F               7,698
210               994,932      04/16/1999     05/01/2024      115        7.570%         F               7,436
</TABLE>

                                   Page - 34
<PAGE>
<TABLE>
<CAPTION>
                                                              REMAIN
                CURRENT         ORIG                          LOAN TERM               INT
                PRINCIPAL       NOTE         LOAN AMORT       IN         INT          RATE
ASSET NO        BALANCE         DATE            DATE          MONTHS     RATE         TYPE            PAYMENT
<S>          <C>               <C>            <C>             <C>        <C>            <C>           <C>
211               993,130      02/12/1999     03/01/2024      113        7.800%         F               7,586
212               966,411      10/23/1998     11/01/2013      169        7.450%         F               9,242
213               957,390      04/27/1999     05/01/2024      115        7.770%         F               7,271
214               945,714      04/16/1999     05/01/2024      115        8.150%         F               7,427
215               944,890      03/16/1999     04/01/2024      114        8.330%         F               7,541
216               933,831      09/10/1998     10/01/2022      108        7.875%         F               7,294
217               931,318      04/12/1999     05/01/2019      115        7.780%         F               7,726
218               934,354      12/01/1998     12/01/2023      110        8.500%         F               7,584
219               926,102      04/21/1999     05/01/2024      115        7.700%         F               6,999
220               919,510      12/08/1998     01/01/2029      111        7.700%         F               6,595
221               884,641      11/20/1998     12/01/2023      110        7.150%         F               6,412
222               872,147      11/13/1998     12/01/2023      110        7.350%         F               6,432
223               870,474      03/17/1999     04/01/2024      114        7.790%         F               6,632
224               829,816      04/30/1999     06/01/2024      116        7.970%         F               6,413
225               823,021      11/03/1998     12/01/2023      110        8.250%         F               6,544
226               820,411      03/25/1999     04/01/2024      114        8.160%         F               6,455
227               820,281      12/31/1998     01/01/2024      111        8.200%         F               6,497
228               804,909      06/30/1998     07/01/2023      105        7.625%         F               6,113
229               793,783      06/18/1999     07/01/2014      177        8.630%         F               7,939
230               726,317      10/26/1998     11/01/2008      109        7.630%         F               5,494
231               672,137      10/06/1998     11/01/2023      109        7.750%         F               5,136
232               658,579      02/26/1999     03/01/2024      113        9.170%         F               5,633
233               653,144      02/19/1999     03/01/2024      113        8.500%         F               5,286
234               593,584      12/08/1998     01/01/2024      111        7.050%         F               4,260
235               542,371      04/14/1999     05/01/2024      115        7.820%         F               4,142
236               493,457      08/25/1998     09/01/2023      107        8.000%         F               3,859
236               514,077      01/27/1998     02/01/2023      100        8.000%         F               4,052
238               486,094      11/11/1998     12/01/2013      170        8.410%         F               4,897
239               467,521      07/07/1998     08/01/2023      106        8.125%         F               3,698
240               434,938      06/09/1998     07/01/2023      165        7.625%         F               3,302
241               428,127      05/18/1998     06/01/2018      224        8.625%         F               3,845
242               414,173      06/04/1998     07/01/2023      105        8.375%         F               3,347
- ---         -------------      ----------     ----------     ----     --------          -----     -----------
TOTAL         732,053,335
            =============
</TABLE>

                                   Page -35
<PAGE>
                 MIDLAND LOAN SERVICES, L.P. - Master Servicer
             Loan Portfolio Analysis System - Property Description
                    PORTFOLIO: COMM MTGE ACCEPT CORP 1999 C1
                        REPORTING PERIOD: October, 1999
                            DATE PRINTED: 18-Oct-99
<TABLE>
<CAPTION>
ASSET   PROP                                                    YEAR                         PROPERTY    VALUATION  VALUATION
 NO     NO   PROPERTY TYPE      CITY             STATE   ZIP    BUILT   UNITS      NET SF     VALUE        DATE       SOURCE
<S>     <C>  <C>                <C>               <C>   <C>     <C>    <C>        <C>       <C>          <C>        <C>
001      1   Office             NEW YORK           NY   10001   N/A      N/A          N/A          N/A   N/A        N/A
002      1   Multifamily        PHILADELPHIA       PA   19144   N/A      N/A          N/A          N/A   N/A        N/A
003      1   Warehouse          SCHAUMBURG         IL   60173   1970     N/A       50,400          N/A   N/A        N/A
003      2   Warehouse          HILLSIDE           IL   60162   N/A      N/A          N/A          N/A   N/A        N/A
003      3   Warehouse          ELMHURST           IL   60126   1989     N/A       67,935          N/A   N/A        N/A
003      4   Warehouse          CAROL STREAM       IL   60188   1996     N/A       44,575          N/A   N/A        N/A
003      5   Warehouse          ELMHURST           IL   60126   1989     N/A       30,084          N/A   N/A        N/A
003      6   Warehouse          ELMHURST           IL   60126   1979     N/A       40,920          N/A   N/A        N/A
004      1   Office             NEW YORK           NY   10019   N/A      N/A          N/A          N/A   N/A        N/A
005      1   Office             NEW YORK           NY   10018   N/A      N/A          N/A          N/A   N/A        N/A
006      1   Industrial         BEDFORD PARK       IL   60638   N/A      N/A          N/A          N/A   N/A        N/A
007      1   Warehouse          ELK GROVE          IL   60007   N/A      N/A          N/A          N/A   N/A        N/A
008      1   Warehouse          CHICAGO            IL   60609   N/A      N/A          N/A          N/A   N/A        N/A
009      1   Multifamily        CHARLOTTE          NC   28213   N/A      N/A          N/A          N/A   N/A        N/A
010      1   Multifamily        EL PASO            TX   79924   1996     320          N/A   12,600,000   02/22/99   UNDERWRITERS
011      1   Retail             CAPE MAY           NJ   08204   1971     N/A      150,548          N/A   N/A        N/A
012      1   Multifamily        FORT MYERS         FL   33907   1985     230      183,588          N/A   N/A        N/A
013      1   Multifamily        EL PASO            TX   79915   1993     336          N/A   10,550,000   02/01/99   MAI APPRAISAL
014      1   Retail             ONEIDA             NY   13421   N/A      N/A          N/A          N/A   N/A        N/A
015      1   Retail             NEW YORK           NY   10017   N/A      N/A          N/A          N/A   N/A        N/A
016      1   Office             BOSTON             MA   02109   1916     N/A       62,347   10,948,000   03/17/99   UNDERWRITERS
017      1   Retail             PORT RICHEY        FL   34668   N/A      N/A          N/A          N/A   N/A        N/A
018      1   Retail             JOPLIN             MO   64755   N/A      N/A          N/A          N/A   N/A        N/A
019      1   Multifamily        SPOKANE            WA   99217   1998     192          N/A    8,974,000   04/06/99   UNDERWRITERS
021      1   Mixed Use          ROUND LAKE         IL   90073   N/A      N/A          N/A          N/A   N/A        N/A
022      1   Retail             CHARLOTTE AMAL     VI   80100   1850     N/A       32,863    8,744,000   03/23/99   UNDERWRITERS
023      1   Multifamily        AUSTIN             TX   78750   1970     170          N/A    8,014,188   05/11/99   UNDERWRITERS
024      1   Industrial         SANTA CRUZ         CA   95060   N/A      N/A          N/A          N/A   N/A        N/A
025      1   Industrial         RENO               NV   89511   1996     N/A      104,400    8,455,000   05/13/99   UNDERWRITERS
026      1   Retail             HOUSTON            TX   77074   N/A      N/A          N/A          N/A   N/A        N/A
027      1   Retail             CORONA             CA   91719   1985     N/A       58,342    7,160,000   04/01/99   UNDERWRITERS
028      1   Warehouse          PLANTATION         FL   33313   N/A      N/A          N/A          N/A   N/A        N/A
029      1   Office             SAN JOSE           CA   95119   N/A      N/A          N/A          N/A   N/A        N/A
030      1   Industrial         VERNON             CA   90058   1938     N/A      390,382    7,712,000   11/06/98   UNDERWRITERS
031      1   Multifamily        LEVITTOWN          PA   19055   N/A      N/A          N/A          N/A   N/A        N/A
032      1   Retail             GIBBSTOWN          NJ   08027   N/A      N/A          N/A          N/A   N/A        N/A
033      1   Retail             LAS VEGAS          NV   89102   1998     N/A       43,770    7,047,000   03/30/99   UNDERWRITERS
034      1   Office             FRAMINGHAM         MA   01701   N/A      N/A          N/A          N/A   N/A        N/A
035      1   Retail             BRISTOL            PA   19030   N/A      N/A          N/A          N/A   N/A        N/A
036      1   Multifamily        FARGO              ND   58103   N/A      N/A          N/A          N/A   N/A        N/A
037      1   Office             MOUNT VERNON       NY   10550   N/A      N/A          N/A          N/A   N/A        N/A
038      1   Industrial         ALEXANDRIA         VA   22304   N/A      N/A          N/A          N/A   N/A        N/A
039      1   Multifamily        CORPUS CHRISTI     TX   78410   1983     200      177,824    6,270,000   01/19/99   MAI APPRAISAL
040      1   Mixed Use          BEND               OR   97701   N/A      N/A          N/A          N/A   N/A        N/A
041      1   Multifamily        NEW YORK           NY   10001   N/A      N/A          N/A          N/A   N/A        N/A
041      2   Multifamily        NEW YORK           NY   10003   N/A      N/A          N/A          N/A   N/A        N/A
042      1   Retail             PRINCETON          WV   24740   N/A      N/A          N/A          N/A   N/A        N/A
043      1   Retail             ROCKVILLE          MD   20852   N/A      N/A          N/A          N/A   N/A        N/A
044      1   Retail             CINCINNATI         OH   45236   1991     N/A       47,411    6,042,000   10/31/98   UNDERWRITERS
045      1   Retail             ST CHARLES         MO   63303   1985     N/A      121,757    6,425,000   03/10/99   UNDERWRITERS
046      1   Retail             HOUSTON            TX   77062   N/A      N/A          N/A          N/A   N/A        N/A
047      1   Retail             GREENVALE          NY   11548   N/A      N/A          N/A          N/A   N/A        N/A
047      2   Retail             GREENVALE          NY   11548   N/A      N/A          N/A          N/A   N/A        N/A
047      3   Retail             GREENVALE          NY   11548   N/A      N/A          N/A          N/A   N/A        N/A
048      1   Mixed Use          VACAVILLE          CA   95687   N/A      N/A          N/A          N/A   N/A        N/A
049      1   Multifamily        TEMPLE             TX   76504   1983     200          N/A    5,800,000   01/22/99   MAI APPRAISAL
050      1   Self Storage       HAMILTON           NJ   08619   1980   1,044          N/A    7,893,000   10/27/98   UNDERWRITERS
051      1   Lodging            OWENSBORO          KY   42303   N/A      N/A          N/A          N/A   N/A        N/A
052      1   Multifamily        EAST HAVEN         CT   06512   N/A      N/A          N/A          N/A   N/A        N/A
053      1   Retail             DANA POINT         CA   92677   N/A      N/A          N/A          N/A   N/A        N/A
054      1   Office             AMHERST            NY   14228   1992     N/A       39,304    5,700,000   01/27/99   MAI APPRAISAL
055      1   Office             BELLEVUE           WA   98004   N/A      N/A          N/A          N/A   N/A        N/A
056      1   Office             DURHAM             NC   22703   1987     N/A       60,000    6,145,000   03/08/99   UNDERWRITERS
057      1   Retail             SPRINGTOWN         TX   76082   1997     N/A       62,718    5,150,000   02/10/99   UNDERWRITERS
058      1   Multifamily        HOUSTON            TX   77032   N/A      N/A          N/A          N/A   N/A        N/A
059      1   Industrial         SANTA CLARITA      CA   91355   1988     N/A       85,302    5,400,000   12/30/98   MAI APPRAISAL
060      1   Multifamily        PHILADELPHIA       PA   19127   1840      75          N/A    5,766,000   05/24/99   UNDERWRITERS
061      1   Office             PITTSBURGH         PA   15222   N/A      N/A          N/A          N/A   N/A        N/A
</TABLE>

                                   Page - 36
<PAGE>
<TABLE>
<CAPTION>
ASSET   PROP                                                    YEAR                         PROPERTY    VALUATION  VALUATION
 NO     NO   PROPERTY TYPE      CITY             STATE   ZIP    BUILT   UNITS      NET SF     VALUE        DATE       SOURCE
<S>     <C>  <C>                <C>               <C>   <C>     <C>    <C>        <C>       <C>          <C>        <C>
062      1   Office             PLAINSBORO         NJ   08536   1984     N/A       55,000    5,400,000   07/20/98   MAI APPRAISAL
063      1   Multifamily        COLORADO SPRINGS   CO   80910   N/A      N/A          N/A          N/A   N/A        N/A
064      1   Industrial         WEST CALDWELL      NJ   07006   N/A      N/A          N/A          N/A   N/A        N/A
065      1   Industrial         SAN FRANCISCO      CA   94103   N/A      N/A          N/A          N/A   N/A        N/A
066      1   Office             ROCKFORD           IL   61107   1994     N/A       17,895    4,154,000   02/01/99   UNDERWRITERS
067      1   Office             LOVES PARK         IL   61111   1973     N/A       12,574    1,150,000   04/22/99   UNDERWRITERS
068      1   Retail             WHITEVILLE         NC   28474   N/A      N/A          N/A          N/A   N/A        N/A
069      1   Self Storage       HALEDON            NJ   07508   N/A      N/A          N/A          N/A   N/A        N/A
070      1   Office             SANTA FE           NM   87502   1997     N/A       31,567    5,026,000   02/23/99   UNDERWRITERS
071      1   Multifamily        MORGANTOWN         WV   26505   1988      91          N/A    4,637,000   09/18/98   UNDERWRITERS
072      1   Multifamily        AZUSA              CA   91702   1989      88          N/A    4,784,000   04/09/99   UNDERWRITERS
073      1   Industrial         ST LOUIS PARK      MN   55416   1968     N/A      184,190    6,120,000   05/15/98   MAI APPRAISAL
074      1   Multifamily        RIVERSIDE          OH   45431   N/A      N/A          N/A          N/A   N/A        N/A
075      1   Lodging            BOWLING GREEN      KY   42104   N/A      N/A          N/A          N/A   N/A        N/A
076      1   Multifamily        VICTORY GARDEN     NJ   07801   N/A      N/A          N/A          N/A   N/A        N/A
077      1   Multifamily        TEXAS CITY         TX   77590   N/A      N/A          N/A          N/A   N/A        N/A
078      1   Retail             GRAND HAVEN        MI   49417   N/A      N/A          N/A          N/A   N/A        N/A
079      1   Multifamily        ST LOUIS           MO   63108   N/A      N/A          N/A          N/A   N/A        N/A
079      2   Multifamily        ST LOUIS           MO   63108   N/A      N/A          N/A          N/A   N/A        N/A
080      1   Office             HIALEAH GARDENS    FL   33016   N/A      N/A          N/A          N/A   N/A        N/A
081      1   Retail             YARMOUTH           ME   04096   1900     N/A       46,355    4,509,000   03/04/99   UNDERWRITERS
082      1   Office             MIAMI              FL   33184   N/A      N/A          N/A          N/A   N/A        N/A
083      1   Office             CONCORD            NH   03301   1980     N/A      163,324    4,818,000   04/06/99   UNDERWRITERS
084      1   Office             GERMANTOWN         MD   20874   1990     N/A       49,971    4,141,000   04/13/99   UNDERWRITERS
085      1   Multifamily        RANCHO CORDOVA     CA   95670   1979     112       94,400    5,131,000   02/26/99   UNDERWRITERS
086      1   Office             NEEDHAM            MA   02194   N/A        5       39,836          N/A   N/A        N/A
087      1   Multifamily        LANCASTER          CA   93536   1990      70       76,380    3,690,000   11/05/98   UNDERWRITERS
088      1   Retail             ARDMORE            PA   19003   N/A      N/A          N/A          N/A   N/A        N/A
089      1   Multifamily        DEER PARK          TX   77536   1973     216          N/A    4,349,000   12/29/98   UNDERWRITERS
090      1   Multifamily        TUKWILA            WA   98188   1978      81          N/A    3,950,000   02/12/99   MAI APPRAISAL
091      1   Multifamily        WATERVILLE         ME   04901   1973     132          N/A    3,531,000   02/24/99   UNDERWRITERS
092      1   Industrial         SAN LEANDRO        CA   94577   1957     N/A       85,416    4,138,000   03/23/99   UNDERWRITERS
093      1   Lodging            NEW ULM            MN   56073   1981     N/A          N/A    4,139,000   04/22/99   UNDERWRITERS
094      1   Retail             MONSEY             NY   10952   N/A      N/A          N/A          N/A   N/A        N/A
095      1   Office             SILVERDALE         WA   98383   1993     N/A       42,274    3,856,000   12/08/98   UNDERWRITERS
096      1   Retail             SAVANNAH           GA   31406   N/A      N/A          N/A          N/A   N/A        N/A
097      1   Retail             BRATTLEBORO        VT   05301   1972     N/A      136,003    3,841,000   10/01/98   UNDERWRITERS
098      1   Retail             SANTA MARIA        CA   93454   1999     N/A       24,000    3,541,000   04/05/99   UNDERWRITERS
099      1   Multifamily        VENICE             CA   90291   N/A      N/A          N/A          N/A   N/A        N/A
100      1   Manufactured       MULLICA TOWNSHIP   NJ   08215   1986      90          N/A    3,515,000   12/22/98   UNDERWRITERS
101      1   Multifamily        KANSAS CITY        MO   64114   1972      90          N/A    3,444,000   06/15/99   UNDERWRITERS
102      1   Retail             TALLAHASSEE        FL   32301   1987     N/A       88,476    3,405,000   09/28/98   UNDERWRITERS
103      1   Office             BURBANK            CA   91505   1971     N/A       23,078    3,619,000   02/18/99   UNDERWRITERS
104      1   Self Storage       HILLSBOROUGH       NJ   08876   1980     629          N/A    5,500,000   05/15/99   UNDERWRITERS
105      1   Multifamily        OKLAHOMA CITY      OK   73159   1971     192          N/A    3,504,000   05/26/99   UNDERWRITERS
106      1   Multifamily        KINGSVILLE         TX   78363   1985     120          N/A    3,221,000   04/28/99   UNDERWRITERS
107      1   Multifamily        WASHINGTON         DC   20036   N/A      N/A          N/A          N/A   N/A        N/A
107      1   Industrial         MOORPARK           CA   93021   1985     N/A       29,622    1,902,000   11/12/98   UNDERWRITERS
108      1   Industrial         MOORPARK           CA   93021   1988     N/A       20,803    1,262,000   10/02/98   UNDERWRITERS
109      1   Multifamily        ST LOUIS           MO   63112   N/A      N/A          N/A          N/A   N/A        N/A
110      1   Multifamily        SAN ANTONIO        TX   78242   1963     152          N/A    2,904,000   04/08/99   UNDERWRITERS
111      1   Retail             BURLINGTON         NJ   08016   N/A      N/A          N/A          N/A   N/A        N/A
112      1   Multifamily        BAYTOWN            TX   77520   1984     138          N/A    3,000,000   02/25/99   UNDERWRITERS
113      1   Office             EDEN PRAIRIE       MN   55344   1998     N/A       17,583    3,350,000   11/01/98   MAI APPRAISAL
114      1   Multifamily        NORMAN             OK   73072   1983     128          N/A    2,900,000   11/03/98   MAI APPRAISAL
115      1   Retail             EAST ORANGE        NJ   07018   N/A      N/A          N/A          N/A   N/A        N/A
116      1   Warehouse          ROMULUS            MI   48180   N/A      N/A          N/A          N/A   N/A        N/A
116      2   Industrial         TAYLOR             MI   48180   N/A      N/A          N/A          N/A   N/A        N/A
117      1   Retail             PEORIA             AZ   85382   N/A      N/A          N/A          N/A   N/A        N/A
118      1   Multifamily        FORT WORTH         TX   76116   1985      60          N/A    2,820,000   01/21/99   MAI APPRAISAL
119      1   Retail             RIALTO             CA   92376   N/A      N/A          N/A          N/A   N/A        N/A
120      1   Retail             LEXINGTON          NC   27292   N/A      N/A          N/A          N/A   N/A        N/A
121      1   Office             MEDFORD            OR   97504   1965     N/A       27,639    3,109,000   10/22/99   UNDERWRITERS
122      1   Multifamily        VESTAL             NY   13850   N/A      N/A          N/A          N/A   N/A        N/A
123      1   Retail             DEPTFORD           NJ   08096   N/A      N/A          N/A          N/A   N/A        N/A
124      1   Multifamily        DEVON              PA   19087   1850      63          N/A    2,677,000   10/19/98   UNDERWRITERS
125      1   Multifamily        ATLANTA            GA   30329   N/A      N/A          N/A          N/A   N/A        N/A
126      1   Office             SILVER SPRINGS     MD   20904   N/A      N/A          N/A          N/A   N/A        N/A
127      1   Retail             SAN DIEGO          CA   92120   N/A      N/A          N/A          N/A   N/A        N/A
128      1   Retail             LAGUNA BEACH       CA   92651   1937     N/A        6,213    2,790,000   04/08/99   UNDERWRITERS
129      1   Multifamily        BLAKELY            PA   18447   N/A      N/A          N/A          N/A   N/A        N/A
130      1   Industrial         WASHINGTON         NJ   08012   1998     N/A       31,900    2,500,000   10/30/98   UNDERWRITERS
131      1   Self Storage       OCEAN SPRINGS      MS   39564   1994     615       67,450    2,689,000   11/19/98   UNDERWRITERS
132      1   Multifamily        LACEY              WA   98503   N/A      N/A          N/A          N/A   N/A        N/A
</TABLE>

                                   Page - 37
<PAGE>
<TABLE>
<CAPTION>
ASSET   PROP                                                    YEAR                         PROPERTY    VALUATION  VALUATION
 NO     NO   PROPERTY TYPE      CITY             STATE   ZIP    BUILT   UNITS      NET SF     VALUE        DATE       SOURCE
<S>     <C>  <C>                <C>               <C>   <C>     <C>    <C>        <C>       <C>          <C>        <C>
133      1   Multifamily        HOUSTON            TX   77072   N/A      N/A          N/A          N/A   N/A        N/A
134      1   Multifamily        VALDOSTA           GA   31602   1985      96          N/A    2,463,000   11/30/98   UNDERWRITERS
135      1   Retail             SAUSALITO          CA   94965   N/A      N/A          N/A          N/A   N/A        N/A
136      1   Multifamily        HOUMA              LA   70364   1973     108          N/A    2,405,000   09/28/98   UNDERWRITERS
137      1   Multifamily        BELLFLOWER         CA   90706   1962     107          N/A    3,599,000   04/07/99   UNDERWRITERS
138      1   Self Storage       NORMAN             OK   73072   1995     721          N/A    2,531,000   03/26/99   UNDERWRITERS
139      1   Retail             SAN FRANCISCO      CA   93401   N/A      N/A          N/A          N/A   N/A        N/A
140      1   Office             FALLS CHURCH       VA   22042   1964     N/A       46,641    2,658,000   02/22/99   UNDERWRITERS
141      1   Multifamily        SHERMAN            TX   75092   1977     140          N/A    2,368,000   03/24/99   UNDERWRITERS
142      1   Lodging            ANDERSON           SC   29625   N/A      N/A          N/A          N/A   N/A        N/A
143      1   Retail             PEWAUKEE           WI   53072   N/A      N/A          N/A          N/A   N/A        N/A
143      2   Retail             KENOSHA            WI   53072   N/A      N/A          N/A          N/A   N/A        N/A
144      1   Lodging            MARY ESTHER        FL   32569   N/A      N/A          N/A          N/A   N/A        N/A
145      1   Multifamily        COLORADO SPRINGS   CO   80910   N/A      N/A          N/A          N/A   N/A        N/A
146      1   Office             FALMOUTH           ME   04105   1975     N/A       32,520    2,504,000   08/17/98   UNDERWRITERS
147      1   Office             STERLING           VA   20165   1990     N/A       14,258    2,285,000   02/26/99   UNDERWRITERS
148      1   Mixed Use          ALBUQUERQUE        NM   87102   N/A      N/A          N/A          N/A   N/A        N/A
149      1   Self Storage       LOCKHART           TX   78644   1996     310          N/A    1,434,000   04/02/99   UNDERWRITERS
149      2   Self Storage       SAN MARCOS         TX   78666   1986     262          N/A    1,016,000   04/02/99   UNDERWRITERS
150      1   Retail             KNOXVILLE          TN   37919   1990     N/A       36,000    2,350,000   09/17/98   UNDERWRITERS
151      1   Multifamily        WACO               TX   76710   1974     144      129,916    2,350,000   11/03/98   UNDERWRITERS
152      1   Retail             ALBUQUERQUE        NM   87108   1962     N/A       87,272    2,852,000   05/24/99   UNDERWRITERS
153      1   Lodging            COLUMBIA           MO   65201   1986     N/A          N/A    2,586,000   11/10/98   UNDERWRITERS
154      1   Multifamily        BROWNSVILLE        TX   78521   1984     119          N/A    2,350,000   01/27/99   MAI APPRAISAL
155      1   Retail             SPRINGFIELD        OR   97478   1980     N/A       64,486    2,612,000   04/21/99   UNDERWRITERS
156      1   Manufactured       CALUMET PARK       IL   60643   1950     N/A          N/A    2,425,000   10/21/98   UNDERWRITERS
157      1   Retail             HANOVER            PA   18002   1998     N/A       11,050    2,097,000   02/24/99   UNDERWRITERS
158      1   Manufactured       HOBE SOUND         FL   33455   N/A      N/A          N/A          N/A   N/A        N/A
159      1   Retail             SCOTTSDALE         AZ   85259   1987     N/A       16,014    2,343,000   10/08/98   UNDERWRITERS
160      1   Multifamily        EL DORADO          CA   95623   1988      48          N/A    2,475,000   03/04/99   UNDERWRITERS
161      1   Multifamily        MILLCREEK          PA   16506   1997      27          N/A    2,070,000   10/06/98   MAI APPRAISAL
162      1   Retail             BLADENSBURG        MD   20710   N/A      N/A          N/A          N/A   N/A        N/A
163      1   Office             EDWARDS            CO   81632   1997     N/A       10,618    2,169,000   01/28/99   UNDERWRITERS
164      1   Lodging            HUTCHINSON         KS   67501   1980     N/A          N/A    2,097,174   05/11/99   UNDERWRITERS
165      1   Multifamily        FT LAUDERDALE      FL   33301   N/A      N/A          N/A          N/A   N/A        N/A
166      1   Retail             TAMPA              FL   33606   N/A      N/A          N/A          N/A   N/A        N/A
167      1   Multifamily        MAYBROOK           NY   12543   1971      60          N/A    2,078,000   09/10/98   UNDERWRITERS
168      1   Retail             REXBURG            ID   83440   N/A      N/A          N/A          N/A   N/A        N/A
169      1   Office             SEATTLE            WA   98121   N/A      N/A          N/A          N/A   N/A        N/A
170      1   Warehouse          COLORADO SPRINGS   CO   80906   1996     N/A       42,636    2,052,000   03/29/99   UNDERWRITERS
171      1   Industrial         WALLINGFORD        CT   06492   1991     N/A       24,828    1,919,000   03/22/99   UNDERWRITERS
172      1   Multifamily        DALLAS             TX   75227   1984      71          N/A    1,346,000   03/17/99   UNDERWRITERS
173      1   Multifamily        DALLAS             TX   75227   1984      26          N/A      630,000   03/17/99   UNDERWRITERS
174      1   Retail             FREDERICK          MD   21702   N/A      N/A          N/A          N/A   N/A        N/A
174      2   Retail             FREDERICK          MD   21702   N/A      N/A          N/A          N/A   N/A        N/A
174      3   Retail             FREDERICK          MD   21702   N/A      N/A          N/A          N/A   N/A        N/A
175      1   Self Storage       HESPERIA           CA   92345   N/A      N/A          N/A          N/A   N/A        N/A
176      1   Retail             SMITHTOWN          NY   11787   N/A      N/A          N/A          N/A   N/A        N/A
177      1   Multifamily        DEL CITY           OK   73135   1969     157          N/A    1,883,000   11/02/98   UNDERWRITERS
178      1   Multifamily        UPPER DARBY        PA   19082   1935      74          N/A    1,777,000   11/19/98   UNDERWRITERS
179      1   Self Storage       YUMA               AZ   85364   1985     459          N/A    1,892,000   04/06/99   UNDERWRITERS
180      1   Multifamily        BATON ROUGE        LA   70806   1970     191          N/A    1,830,000   03/16/99   UNDERWRITERS
180      2   Multifamily        BATON ROUGE        LA   70806   N/A      N/A          N/A          N/A   N/A        N/A
181      1   Multifamily        ATLANTA            GA   30306   N/A      N/A          N/A          N/A   N/A        N/A
182      1   Retail             BUFFALO            NY   14206   1974     N/A      110,680    2,109,000   04/14/99   UNDERWRITERS
183      1   Multifamily        MORGANTOWN         WV   26505   1990      36       32,112    1,688,000   09/18/98   UNDERWRITERS
184      1   Multifamily        COLUMBIA           MO   65203   1996      20          N/A    1,637,000   03/24/99   UNDERWRITERS
185      1   Lodging            DODGE CITY         KS   67801   1980     N/A          N/A    1,800,036   05/11/99   UNDERWRITERS
186      1   Multifamily        COLUMBUS           OH   43229   N/A      N/A          N/A          N/A   N/A        N/A
187      1   Office             SANDY              UT   84094   1978     N/A       25,351    1,692,620   03/04/99   UNDERWRITERS
188      1   Office             Lebanon            NH   03784   1989     N/A       20,898    1,604,000   11/01/98   UNDERWRITERS
189      1   Manufactured       SOMERVILLE         NJ   08876   N/A      N/A          N/A          N/A   N/A        N/A
190      1   Retail             HOUSTON            TX   77059   N/A      N/A          N/A          N/A   N/A        N/A
191      1   Retail             HOUSTON            TX   77024   N/A      N/A          N/A          N/A   N/A        N/A
192      1   Manufactured       SELMA              NC   27576   N/A      N/A          N/A          N/A   N/A        N/A
193      1   Multifamily        AUSTIN             TX   78704   N/A      N/A          N/A          N/A   N/A        N/A
194      1   Office             FALLS CHURCH       VA   22042   1967     N/A       24,473    1,664,000   02/25/99   UNDERWRITERS
195      1   Multifamily        ATHENS             TX   75751   N/A      N/A          N/A          N/A   N/A        N/A
196      1   Office             WASHINGTON         DC   20002   1986     N/A        3,490      537,000   09/15/98   UNDERWRITERS
197      1   Office             WASHINGTON         DC   20002   1987     N/A        3,475      547,000   09/15/98   UNDERWRITERS
198      1   Office             WASHINGTON         DC   20002   1986     N/A        3,490      522,000   10/14/98   UNDERWRITERS
199      1   Multifamily        LONGVIEW           TX   75602   N/A      N/A          N/A          N/A   N/A        N/A
199      2   Multifamily        KILGORE            TX   75662   N/A      N/A          N/A          N/A   N/A        N/A
 20      1   Lodging            EAGAN              MN   55122   1994     120          N/A    9,822,000   04/21/99   UNDERWRITERS
</TABLE>

                                   Page - 38
<PAGE>
<TABLE>
<CAPTION>
ASSET   PROP                                                    YEAR                         PROPERTY    VALUATION  VALUATION
 NO     NO   PROPERTY TYPE      CITY             STATE   ZIP    BUILT   UNITS      NET SF     VALUE        DATE       SOURCE
<S>     <C>  <C>                <C>               <C>   <C>     <C>   <C>         <C>       <C>          <C>        <C>
200      1   Multifamily        HURRICANE          WV   25526   N/A      N/A          N/A          N/A   N/A        N/A
201      1   Office             MINNEAPOLIS        MN   55401   1908     N/A       23,838    1,552,000   09/29/98   UNDERWRITERS
202      1   Industrial         WESTLAND           MI   48186   N/A      N/A          N/A          N/A   N/A        N/A
203      1   Multifamily        FALL RIVER         MA   02720   N/A      N/A          N/A          N/A   N/A        N/A
204      1   Warehouse          BROOKLYN           NY   11205   N/A      N/A          N/A          N/A   N/A        N/A
205      1   Multifamily        MARRIETTA          OH   45740   N/A      N/A          N/A          N/A   N/A        N/A
206      1   Multifamily        IRVING             TX   75061   1971      85          N/A    1,356,000   04/01/99   UNDERWRITERS
208      1   Multifamily        CASSELBERRY        FL   32707   N/A      N/A          N/A          N/A   N/A        N/A
209      1   Multifamily        OAK PARK HEIGHTS   MN   55082   1964      45          N/A    1,437,000   02/25/99   UNDERWRITERS
210      1   Multifamily        LANTANA            FL   33462   1969      42          N/A    1,366,000   03/30/99   UNDERWRITERS
210      2   Multifamily        LATANA             FL   33462   N/A      N/A          N/A          N/A   N/A        N/A
210      3   Multifamily        LATANA             FL   33462   N/A      N/A          N/A          N/A   N/A        N/A
211      1   Multifamily        PEMBERTON          NJ   08068   N/A      N/A          N/A          N/A   N/A        N/A
212      1   Office             CORPUS CHRISTI     TX   78468   1973     N/A      108,380    2,479,000   10/17/98   UNDERWRITERS
213      1   Office             COLORADO SPRINGS   CO   80918   1982     N/A       15,491    1,326,000   04/21/99   UNDERWRITERS
214      1   Retail             TAMPA              FL   33612   1989     N/A       27,330    1,500,000   03/02/99   MAI APPRAISAL
215      1   Office             THE WOODLANDS      TX   77380   N/A      N/A          N/A          N/A   N/A        N/A
216      1   Multifamily        GALVESTON          TX   77550   N/A      N/A          N/A          N/A   N/A        N/A
216      2   Multifamily        GALVESTON          TX   77550   N/A      N/A          N/A          N/A   N/A        N/A
217      1   Office             BEDFORD            NH   03110   1966     N/A       17,113    1,038,000   01/22/99   UNDERWRITERS
218      1   Multifamily        PLANT CITY         FL   33549   N/A      N/A          N/A          N/A   N/A        N/A
219      1   Multifamily        STERLING           CO   80751   N/A      N/A          N/A          N/A   N/A        N/A
220      1   Multifamily        LUFKIN             TX   75904   N/A      N/A          N/A          N/A   N/A        N/A
221      1   Multifamily        LAFAYETTE          LA   70503   N/A      N/A          N/A          N/A   N/A        N/A
222      1   Office             LINCOLNWOOD        IL   60646   N/A      N/A          N/A          N/A   N/A        N/A
223      1   Multifamily        PHILADELPHIA       PA   19188   N/A      N/A          N/A          N/A   N/A        N/A
224      1   Multifamily        BELLVILLE          TX   77418   1982      76          N/A    1,146,000   02/25/99   UNDERWRITERS
225      1   Office             UPPER DARBY        PA   19082   N/A      N/A          N/A          N/A   N/A        N/A
226      1   Manufactured       VAN METER          IA   50038   1963     N/A          N/A    1,128,000   03/25/99   UNDERWRITERS
227      1   Multifamily        PANORAMA           TX   77304   N/A      N/A          N/A          N/A   N/A        N/A
228      1   Multifamily        ENON               OH   45323   N/A      N/A          N/A          N/A   N/A        N/A
229      1   Retail             HOUSTON            TX   77095   N/A      N/A          N/A          N/A   N/A        N/A
230      1   Office             CORNING            NY   14830   1979     N/A        5,830    1,019,000   05/27/98   UNDERWRITERS
231      1   Multifamily        HOUSTON            TX   77015   N/A      N/A          N/A          N/A   N/A        N/A
232      1   Warehouse          NORTH MIAMI        FL   33168   N/A      N/A          N/A          N/A   N/A        N/A
233      1   Multifamily        CLYDE              OH   43055   N/A      N/A          N/A          N/A   N/A        N/A
234      1   Multifamily        LAFAYETTE          LA   70503   N/A      N/A          N/A          N/A   N/A        N/A
234      2   Multifamily        LAFAYETTE          LA   70503   N/A      N/A          N/A          N/A   N/A        N/A
234      3   Multifamily        LAFAYETTE          LA   70503   N/A      N/A          N/A          N/A   N/A        N/A
234      4   Multifamily        LAFAYETTE          LA   70503   N/A      N/A          N/A          N/A   N/A        N/A
235      1   Multifamily        IRVING             TX   75061   1966      32          N/A      731,000   03/24/99   UNDERWRITERS
236      1   Multifamily        ROSLINDALE         MA   02131   N/A      N/A          N/A          N/A   N/A        N/A
236      1   Multifamily        HOUSTON            TX   77061   N/A      N/A          N/A          N/A   N/A        N/A
238      1   Warehouse          NORTH PLAINFIELD   NJ   07060   1954  16,994          N/A      842,000   07/23/98   UNDERWRITERS
239      1   Multifamily        JERSEY CITY        NJ   07307   N/A      N/A          N/A          N/A   N/A        N/A
240      1   Multifamily        EL MONTE           CA   91732   N/A      N/A          N/A          N/A   N/A        N/A
241      1   Multifamily        MIAMI              FL   33130   N/A      N/A          N/A          N/A   N/A        N/A
242      1   Multifamily        HOUSTON            TX   77099   N/A      N/A          N/A          N/A   N/A        N/A
</TABLE>

                                   Page - 39
<PAGE>
                 MIDLAND LOAN SERVICES, L.P. - Master Servicer
             Loan Portfolio Analysis System - Property Performance
                    PORTFOLIO: COMM MTGE ACCEPT CORP 1999 C1
                        REPORTING PERIOD: October, 1999
                            DATE PRINTED: 18-Oct-99
<TABLE>
<CAPTION>
                BASELINE OR                                                YTD        YTD
 ASSET     PROP MOST RECENT   NOI                            MOST RECENT  PERIOD     PERIOD                       PERCENT
  NO       NO   ANNUAL NOI   AS OF     NOI SOURCE              YTD NOI    BEGIN      ENDING     YTD NOI SOURCE    OCCUPIED   AS OF
<S>        <C> <C>          <C>        <C>                   <C>          <C>        <C>        <C>                <C>     <C>
001        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
002        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
003        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
003        2          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
003        3          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
003        4          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
003        5          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
003        6          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
004        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
005        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
006        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
007        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
008        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
009        1          N/A   N/A        N/A                      564,392   1/1/99     6/30/99    BORROWER             N/A        N/A
010        1    1,203,266   N/A        UNDERWRITER              452,582   3/1/99     6/30/99    BORROWER            98.0%   6/22/99
011        1          N/A   N/A        N/A                      541,240   1/1/99     6/30/99    BORROWER            98.7%    8/5/99
012        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
013        1    1,046,373   N/A        UNDERWRITER              334,125   3/1/99     6/30/99    BORROWER            95.0%   6/30/99
014        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
015        1          N/A   N/A        N/A                      584,801   1/1/99     6/30/99    BORROWER           100.0%   6/30/99
016        1      683,171   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A        N/A
017        1          N/A   N/A        N/A                      123,447   4/28/99    6/30/99    BORROWER           100.0%   6/30/99
018        1          N/A   N/A        N/A                      254,472   4/1/99     6/30/99    BORROWER           100.0%    8/6/99
019        1      778,748   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 91.7%   6/15/99
021        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
022        1      835,407   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A        N/A
023        1      702,431   N/A        UNDERWRITER              178,420   1/1/99     3/31/99    BORROWER            96.8%   3/31/99
024        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
025        1      496,477   N/A        UNDERWRITER              194,751   1/1/99     3/31/99    BORROWER            91.7%   6/30/99
026        1          N/A   N/A        N/A                      198,630   4/1/99     6/30/99    BORROWER           100.0%    8/6/99
027        1      705,124   N/A        UNDERWRITER              323,957   1/1/99     6/30/99    BORROWER            98.7%   7/20/99
028        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
029        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
030        1      932,618   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A        N/A
031        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
032        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
033        1      259,319   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 93.0%    4/8/99
034        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
035        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
036        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
037        1          N/A   N/A        N/A                      333,028   2/1/99     7/31/99    N/A                100.0%   7/30/99
038        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
039        1      586,612   N/A        UNDERWRITER              155,857   1/1/99     3/31/99    BORROWER            94.0%   3/31/99
040        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
041        1          N/A   N/A        N/A                      103,024   4/1/99     6/30/99    BORROWER           100.0%   12/1/98
041        2          N/A   N/A        N/A                       57,724   4/1/99     6/30/99    BORROWER           100.0%   12/1/98
042        1          N/A   N/A        N/A                      308,671   1/1/99     6/30/99    BORROWER             N/A        N/A
043        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
044        1      655,462   N/A        UNDERWRITER              420,260   1/1/98     9/30/98    UNDERWRITER        100.0%  12/31/98
045        1      746,434   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A        N/A
046        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
</TABLE>

                                   Page - 40
<PAGE>
<TABLE>
<CAPTION>
                BASELINE OR                                                YTD        YTD
 ASSET     PROP MOST RECENT   NOI                            MOST RECENT  PERIOD     PERIOD                       PERCENT
  NO       NO   ANNUAL NOI   AS OF     NOI SOURCE              YTD NOI    BEGIN      ENDING     YTD NOI SOURCE    OCCUPIED   AS OF
<S>        <C> <C>          <C>        <C>                   <C>          <C>        <C>        <C>                <C>     <C>
047        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
047        2          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
047        3          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
048        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
049        1      535,581   N/A        UNDERWRITER              141,466   1/1/99     3/31/99    BORROWER            90.0%  12/31/98
050        1      921,295   12/31/98   BORROWER                     N/A   N/A        N/A        N/A                 89.5%   12/1/98
051        1          N/A   N/A        N/A                      383,077   1/1/99     6/30/99    BORROWER            83.8%   6/30/99
052        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
053        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
054        1      596,738   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 94.0%   3/29/99
055        1          N/A   N/A        N/A                      251,950   1/1/99     6/30/99    BORROWER             N/A    6/30/99
056        1      635,941   N/A        UNDERWRITER              332,703   1/1/99     6/30/99    BORROWER           100.0%   4/13/99
057        1      406,500   12/31/98   BORROWER                 246,302   1/1/99     6/30/99    BORROWER           100.0%   6/30/99
058        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
059        1      505,609   N/A        UNDERWRITER              135,704   10/1/98    12/31/98   BORROWER           100.0%   1/20/99
060        1      590,184   N/A        UNDERWRITER              188,909   1/1/99     3/31/99    BORROWER            78.7%   4/30/99
061        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                 83.0%    8/4/99
062        1      398,861   12/31/98   BORROWER                 184,004   1/1/99     4/30/99    BORROWER           100.0%    4/1/99
063        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
064        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
065        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
066        1      477,212   N/A        UNDERWRITER              182,440   1/1/99     3/31/99    N/A                100.0%    1/1/99
067        1      108,047   N/A        UNDERWRITER               48,447   10/1/98    3/31/99    BORROWER           100.0%    1/1/99
068        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
069        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
070        1      318,090   N/A        UNDERWRITER               94,493   1/1/99     3/31/99    BORROWER           100.0%   3/31/99
071        1      781,271   12/31/98   BORROWER                     N/A   N/A        N/A        N/A                 98.9%   3/26/99
072        1      395,898   N/A        UNDERWRITER               92,574   5/1/99     6/30/99    BORROWER           100.0%   6/30/99
073        1      533,768   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                100.0%    3/1/99
074        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
075        1          N/A   N/A        N/A                      234,838   1/1/99     6/30/99    BORROWER            80.3%   6/30/99
076        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
077        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
078        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
079        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
079        2          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
080        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
081        1      414,817   N/A        UNDERWRITER               93,955   1/1/99     3/31/99    BORROWER            95.0%   6/30/99
082        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
083        1      364,051   12/31/98   BORROWER                 204,426   1/1/99     6/30/99    BORROWER            90.0%   6/30/99
084        1      437,149   N/A        UNDERWRITER              114,806   1/1/99     3/31/99    BORROWER             N/A        N/A
085        1      394,114   N/A        UNDERWRITER              123,434   3/1/99     6/30/99    BORROWER            97.9%   7/27/99
086        1      375,349   12/31/98   BORROWER                  85,599   1/1/99     3/31/99    BORROWER           100.0%    4/1/99
087        1      381,104   N/A        UNDERWRITER              110,528   1/1/99     3/31/99    BORROWER            94.3%   6/11/99
088        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
089        1      441,823   N/A        UNDERWRITER              319,906   1/1/99     6/30/99    BORROWER            96.0%   6/24/99
090        1      385,508   N/A        UNDERWRITER               95,202   1/1/99     3/31/99    BORROWER            95.1%   5/31/99
091        1      445,061   N/A        UNDERWRITER              143,989   1/1/99     6/30/99    BORROWER            89.0%   2/25/99
092        1      447,500   N/A        UNDERWRITER               99,933   1/1/99     3/31/99    BORROWER             N/A        N/A
093        1      703,987   N/A        UNDERWRITER              185,461   4/1/99     6/30/99    BORROWER            57.0%   5/30/99
094        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
095        1      443,463   12/31/98   BORROWER                 236,454   1/1/99     6/30/99    BORROWER           100.0%   6/30/99
096        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
097        1      462,569   12/31/98   BORROWER                 266,865   1/1/99     6/30/99    BORROWER            98.8%   6/30/99
098        1      295,757   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A        N/A
099        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
</TABLE>

                                   Page - 41
<PAGE>
<TABLE>
<CAPTION>
                BASELINE OR                                                YTD        YTD
 ASSET     PROP MOST RECENT   NOI                            MOST RECENT  PERIOD     PERIOD                       PERCENT
  NO       NO   ANNUAL NOI   AS OF     NOI SOURCE              YTD NOI    BEGIN      ENDING     YTD NOI SOURCE    OCCUPIED   AS OF
<S>        <C> <C>          <C>        <C>                   <C>          <C>        <C>        <C>                <C>     <C>
100        1      322,193   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A        N/A
101        1      467,654   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A        N/A
102        1      534,258   12/31/98   BORROWER                 110,124   1/1/99     3/31/99    BORROWER           100.0%    5/1/99
103        1      396,763   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                100.0%   1/15/99
104        1      628,339   12/31/98   BORROWER                     N/A   N/A        N/A        N/A                 91.2%   3/29/99
105        1      347,472   N/A        UNDERWRITER              118,785   1/1/99     3/31/99    BORROWER            96.0%   4/19/99
106        1      360,923   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 95.8%    5/1/99
107        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
107        1      175,624   N/A        UNDERWRITER               68,400   9/1/98     12/31/98   BORROWER           100.0%  12/31/98
108        1      116,488   N/A        UNDERWRITER              497,018   1/1/99     6/30/99    BORROWER           100.0%    4/8/99
109        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
110        1      152,475   N/A        UNDERWRITER               58,129   1/1/99     3/31/99    BORROWER             N/A        N/A
111        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
112        1      280,690   N/A        UNDERWRITER              122,801   10/1/98    3/31/99    BORROWER             N/A        N/A
113        1      288,717   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                100.0%   2/25/99
114        1      328,576   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 95.0%  12/18/98
115        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
116        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
116        2          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
117        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
118        1      286,019   N/A        UNDERWRITER               28,488   3/1/99     3/31/99    BORROWER            96.7%   3/23/99
119        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
120        1          N/A   N/A        N/A                      208,442   1/1/99     6/30/99    BORROWER            98.0%   6/30/99
121        1      343,383   12/31/98   BORROWER                 169,942   1/1/99     6/30/99    BORROWER           100.0%   6/30/99
122        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
123        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
124        1      260,873   12/31/98   BORROWER                  55,975   1/1/99     3/31/99    BORROWER           100.0%   3/31/99
125        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
126        1          N/A   N/A        N/A                       68,231   1/1/99     3/31/99    BORROWER            95.0%   3/31/99
127        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
128        1      268,684   N/A        UNDERWRITER              200,655   1/1/99     6/30/99    BORROWER           100.0%   6/30/99
129        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
130        1      260,649   N/A        UNDERWRITER               59,795   1/1/99     3/31/99    BORROWER           100.0%    6/1/99
131        1      239,369   12/31/98   FILE                     167,439   1/1/99     6/11/99    BORROWER           100.0%    6/1/99
132        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
133        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
134        1      307,934   N/A        UNDERWRITER               77,178   1/1/99     6/30/99    BORROWER            78.8%   6/30/99
135        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
136        1      281,753   N/A        UNDERWRITER              103,298   1/1/99     4/30/99    BORROWER            99.0%   4/30/99
137        1      419,475   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 96.3%    4/1/99
138        1      271,374   N/A        UNDERWRITER               68,722   1/1/99     3/31/99    BORROWER           100.0%    5/5/99
139        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
140        1      335,503   N/A        UNDERWRITER               81,092   1/1/99     3/31/99    BORROWER           100.0%    4/1/99
141        1      188,502   N/A        UNDERWRITER              129,951   1/1/99     6/30/99    BORROWER            87.1%   6/25/99
142        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
143        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
143        2          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
144        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
145        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
146        1      208,493   12/31/98   BORROWER                     N/A   N/A        N/A        N/A                100.0%   3/31/99
147        1      250,559   N/A        UNDERWRITER               67,537   1/1/99     3/31/99    BORROWER            98.7%   3/22/99
148        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
149        1      127,691   N/A        UNDERWRITER               37,709   1/1/99     3/31/99    BORROWER            80.6%   6/21/99
149        2       86,388   N/A        UNDERWRITER               25,583   1/1/99     3/31/99    BORROWER            93.5%   6/21/99
150        1      209,960   N/A        UNDERWRITER              101,159   1/1/99     6/30/99    BORROWER           100.0%   6/30/99
151        1      244,788   N/A        UNDERWRITER               35,957   12/1/98    12/31/98   BORROWER            96.0%   2/28/99
</TABLE>

                                   Page - 42
<PAGE>
<TABLE>
<CAPTION>
                BASELINE OR                                                YTD        YTD
 ASSET     PROP MOST RECENT   NOI                            MOST RECENT  PERIOD     PERIOD                       PERCENT
  NO       NO   ANNUAL NOI   AS OF     NOI SOURCE              YTD NOI    BEGIN      ENDING     YTD NOI SOURCE    OCCUPIED   AS OF
<S>        <C> <C>          <C>        <C>                   <C>          <C>        <C>        <C>                <C>     <C>
152        1      483,411   N/A        UNDERWRITER              102,818   1/1/99     3/31/99    BORROWER            96.0%    8/2/99
153        1      384,618   12/31/98   BORROWER                 159,260   1/1/99     6/30/99    BORROWER            73.6%   6/30/99
154        1      324,227   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A        N/A
155        1      233,638   N/A        UNDERWRITER              125,695   1/1/99     6/30/99    BORROWER            90.7%    8/2/99
156        1      218,520   N/A        UNDERWRITER               43,959   1/1/99     3/31/99    BORROWER            98.0%   3/26/99
157        1      191,950   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                100.0%   3/19/99
158        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
159        1      374,260   12/31/98   BORROWER                 125,615   1/1/99     6/30/99    BORROWER           100.0%   6/30/99
160        1      212,130   UNDERWRITER                          80,911   1/1/99     3/31/99    BORROWER            92.9%    6/2/99
161        1      144,267   12/31/98   BORROWER                  54,517   1/1/99     3/31/99    BORROWER           100.0%    6/7/99
162        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
163        1      248,965   12/31/98   BORROWER                     N/A   N/A        N/A        N/A                100.0%    1/5/99
164        1      156,025   N/A        UNDERWRITER              134,863   1/1/99     6/30/99    BORROWER            70.3%   6/30/99
165        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
166        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
167        1      188,562   12/31/98   BORROWER                  54,111   1/1/99     3/31/99    BORROWER            98.3%   4/30/99
168        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
169        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
170        1      146,560   N/A        UNDERWRITER               51,891   1/1/99     3/31/99    BORROWER           100.0%   8/12/99
171        1      215,736   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                100.0%   3/19/99
172        1      130,137   N/A        UNDERWRITER               92,304   1/1/99     6/30/99    BORROWER           100.0%   6/21/99
173        1       59,021   N/A        UNDERWRITER               21,413   1/1/99     3/31/99    BORROWER           100.0%   3/22/99
174        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
174        2          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
174        3          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
175        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
176        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
177        1      237,553   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                 87.0%  12/31/98
178        1      193,480   N/A        UNDERWRITER               47,215   1/1/99     3/31/99    BORROWER            95.9%    6/1/99
179        1      203,079   N/A        UNDERWRITER               27,545   5/1/99     6/30/99    BORROWER            83.0%   6/30/99
180        1      220,246   N/A        UNDERWRITER               28,082   1/1/99     3/31/99    BORROWER            96.3%   3/31/99
180        2          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
181        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
182        1      285,853   N/A        UNDERWRITER              107,130   1/1/99     3/31/99    BORROWER            81.0%   4/14/99
183        1      172,984   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                100.0%    2/2/99
184        1      154,069   N/A        UNDERWRITER               39,374   1/1/99     3/1/99     BORROWER             N/A        N/A
185        1      303,500   12/31/98   BORROWER                 118,248   1/1/99     6/30/99    BORROWER            65.0%   6/30/99
186        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
187        1      186,622   N/A        UNDERWRITER               33,919   1/1/99     6/30/99    BORROWER            95.4%   3/29/99
188        1       56,481   N/A        UNDERWRITER              123,046   1/1/99     6/30/99    BORROWER           100.0%    7/1/99
189        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
190        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
191        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
192        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
193        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
194        1      168,104   N/A        UNDERWRITER               46,958   1/1/99     3/31/99    BORROWER            93.0%   4/21/99
195        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
196        1       64,197   12/31/98   BORROWER                  13,058   1/1/99     3/31/99    BORROWER           100.0%   4/19/99
197        1       49,804   12/31/98   BORROWER                  13,438   1/1/99     3/31/99    BORROWER           100.0%   4/19/99
198        1       60,909   12/31/98   BORROWER                  15,025   1/1/99     3/31/99    BORROWER           100.0%   4/19/99
199        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
199        2          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
 20        1    1,221,393   N/A        UNDERWRITER              479,534   1/1/99     6/30/99    BORROWER            93.8%   6/30/99
200        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
201        1      170,569   12/31/98   BORROWER                     N/A   N/A        N/A        N/A                100.0%  12/31/98
202        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
</TABLE>

                                   Page - 43
<PAGE>
<TABLE>
<CAPTION>
                BASELINE OR                                                YTD        YTD
 ASSET     PROP MOST RECENT   NOI                            MOST RECENT  PERIOD     PERIOD                       PERCENT
  NO       NO   ANNUAL NOI   AS OF     NOI SOURCE              YTD NOI    BEGIN      ENDING     YTD NOI SOURCE    OCCUPIED   AS OF
<S>        <C> <C>          <C>        <C>                   <C>          <C>        <C>        <C>                <C>     <C>
203        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
204        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
205        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
206        1      132,244   N/A        UNDERWRITER               41,827   1/1/99     3/31/99    BORROWER            98.8%   3/16/99
208        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
209        1      156,603   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                100.0%   4/14/99
210        1      138,561   N/A        UNDERWRITER               13,945   1/1/99     3/31/99    BORROWER             N/A        N/A
210        2          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
210        3          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
211        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
212        1      404,600   12/31/98   BORROWER                     N/A   N/A        N/A        N/A                 93.6%  12/31/98
213        1      152,503   N/A        UNDERWRITER               34,725   5/1/99     7/31/99    BORROWER           100.0%   4/19/99
214        1      156,253   N/A        UNDERWRITER               51,056   1/1/99     6/30/99    BORROWER           100.0%    4/9/99
215        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
216        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
216        2          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
217        1       90,985   12/31/98   BORROWER                  32,204   1/1/99     3/31/99    BORROWER           100.0%   3/30/99
218        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
219        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
220        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
221        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
222        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
223        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
224        1      122,752   N/A        UNDERWRITER               78,864   10/1/98    3/31/99    BORROWER             N/A        N/A
225        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
226        1       59,300   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                  N/A        N/A
227        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
228        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
229        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
230        1       92,903   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                100.0%  12/31/98
231        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
232        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
233        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
234        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
234        2          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
234        3          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
234        4          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
235        1       66,519   N/A        UNDERWRITER                5,693   1/1/99     3/31/99    BORROWER            96.9%   3/25/99
236        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
236        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
238        1      106,284   N/A        UNDERWRITER                  N/A   N/A        N/A        N/A                100.0%  12/31/98
239        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
240        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
241        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
242        1          N/A   N/A        N/A                          N/A   N/A        N/A        N/A                  N/A        N/A
</TABLE>

                                   Page - 44
<PAGE>
                 MIDLAND LOAN SERVICES, L.P. - Master Servicer
                Loan Portfolio Analysis System - Asset Comments
                    PORTFOLIO: COMM MTGE ACCEPT CORP 1999 C1
                         REPORTING PERIOD: October, 1999
                             DATE PRINTED: 18-Oct-99

LOAN  001   - 1:

LOAN  002   - 1:

LOAN  003   - 5:

LOAN  003   - 4:

LOAN  003   - 3:

LOAN  003   - 2:

LOAN  003   - 1:

LOAN  003   - 6:

LOAN  004   - 1:

LOAN  005   - 1:

LOAN  006   - 1:

LOAN  007   - 1:

LOAN  008   - 1:

LOAN  009   - 1:

LOAN  010   - 1:     Partial Year Statement Comment:  06/30/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.

LOAN  011   - 1:

LOAN  012   - 1:

LOAN  013   - 1:     Partial Year Statement Comment:  06/30/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER ESCROW ACCOUNT.

LOAN  014   - 1:

LOAN  015   - 1:

LOAN  016   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 OTHER CAPITAL EXPENSES INCLUDED SUBSTANTIAL NON-RECURRING LEGAL FEES ASSOCIATED
WITH THE RESTAURANT AND OTHER LEASING ISSUES.  G&A DROPPED AS TWO OF THE OWNER'S
BUILDINGS PICKED UP PART OF THE SUPER'S SALARY.

LOAN  017   - 1:

LOAN  018   - 1:

LOAN  019   - 1:

LOAN  021   - 1:

LOAN  022   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 OTHER EXPENSE REPRESENTS GROSS RECEIPTS TAX, WHICH IS UNIQUE TO THE VIRGIN
ISLANDS IN THAT ALL BUSINESSES PAY A 4% TAX ON GROSS BUSINESS RECEIPTS.

LOAN  023   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM.

LOAN  024   - 1:

LOAN  025   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAX PER LOAN SERVICING SYSTEM.  INSURANCE PER BORROWER.

LOAN  026   - 1:

                                   Page - 45
<PAGE>
LOAN  027   - 1:     Partial Year Statement Comment:  06/30/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM. DEBT SERVICE PER
BORROWER.

LOAN  028   - 1:

LOAN  029   - 1:

LOAN  030   - 1:

LOAN  031   - 1:

LOAN  032   - 1:

LOAN  033   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 SUBJECT PROPERTY WAS IN LEASE UP THROUGHOUT 1998.

LOAN  034   - 1:

LOAN  035   - 1:

LOAN  036   - 1:

LOAN  037   - 1:

LOAN  038   - 1:

LOAN  039   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED INSURANCE PER LOAN SERVICING SYSTEM.   PROPERTY TAX PER BORROWER.

LOAN  040   - 1:

LOAN  041   - 2:

LOAN  041   - 1:

LOAN  042   - 1:

LOAN  043   - 1:

LOAN  044   - 1:     Partial Year Statement Comment:  09/30/1998 -
 1998 INCOME IS LOWER DUE TO THE VACANCY CREATED BY  ORIGINAL TENANT IN THE
CENTER.   THIS SPACE WAS VACANT FOR NINE MONTHS BUT WAS LEASED TO TANNING
FACILITY 9/1/98.  TANNING FACILITY IS CURRENTLY BUILDING OUT THEIR SPACE & WILL
OCCUPY 12/98.

LOAN  045   - 1:     Status Comment: The anchor tenant which
occupies 40,000 sf (32.77%), has declared bankruptcy.

LOAN  046   - 1:

LOAN  047   - 1:

LOAN  047   - 2:

LOAN  047   - 3:

LOAN  048   - 1:

LOAN  049   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM.

LOAN  050   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 PROPERTY TAXES AND INSURANCE PER BORROWER.  MANAGEMENT FEES ARE INCLUDED IN
PAYROLL EXPENSES.  BORROWER REPORTS HIGH BAD DEBTS, CAUSING AN INCREASE IN
GENERAL AND ADMINISTRATIVE.

LOAN  051   - 1:

LOAN  052   - 1:

LOAN  053   - 1:

LOAN  054   - 1:

LOAN  055   - 1:

LOAN  056   - 1:     Partial Year Statement Comment:  06/30/1999 -
 NORMAIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.

                                   Page - 46
<PAGE>
LOAN  057   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING.     Partial Year Statement
Comment:  06/30/1999 - NORMALIZED PROP. TAXES, REPLACEMENT RESERVE & INSURANCE
PER LOAN SERVICING SYSTEM. BORROWER TOOK OVER THE PROPERTY IN JAN. 1999. HIGHER
PROFESSIONAL FEES DUE TO INCREASED LEGAL CHARGES DERIVED FROM CLOSING THE
AGREEMENT ON THE PROPERTY AND DUE DILIGENCE.

LOAN  058   - 1:

LOAN  059   - 1:

LOAN  060   - 1:     Partial Year Statement Comment:  03/31/1999 -
 BORROWER DID NOT REPORT PROPERTY TAX AND INSURANCE. NORMALIZED PROPERTY TAX AND
 INSURANCE PER LOAN SERVICING SYSTEM.

LOAN  061   - 1:

LOAN  062   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED PROPERTY TAX, INSURANCE AND REPLACEMENT RESERVES PER LOAN SERVICING
SYSTEM.  REVENUE BELOW BASELINE DUE TO PROPERTY NOT BEING FULLY LEASED UNTIL THE
EARLY PART OF 1999.  OCCUPANCY IS NOW 100%     Partial Year Statement Comment:
04/30/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICNG SYSTEM

LOAN  063   - 1:

LOAN  064   - 1:

LOAN  065   - 1:

LOAN  066   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  067   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  068   - 1:

LOAN  069   - 1:

LOAN  070   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  071   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING.

LOAN  072   - 1:     Partial Year Statement Comment:  06/30/1999 -
 NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM.  OPERATIONS ON
THIS PROPERTY  BEGAN 5/1/99.

LOAN  073   - 1:

LOAN  074   - 1:

LOAN  075   - 1:

LOAN  076   - 1:

LOAN  077   - 1:

LOAN  078   - 1:

LOAN  079   - 1:

LOAN  079   - 2:

LOAN  080   - 1:

LOAN  081   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 $5000 OTHER EXPENSES ASSOCIATED WITH APPRAISAL FEES.     Partial Year Statement
Comment:  03/31/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING
SYSTEM

LOAN  082   - 1:

LOAN  083   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING.     Partial Year Statement
Comment:  06/30/1999 - NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING
SYSTEM.

LOAN  084   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM.

                                   Page - 47
<PAGE>
LOAN  085   - 1:     Partial Year Statement Comment:  06/30/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.
 NORMALIZATION BASED ON LOAN ORIGINATION DATE OF 3/99.

LOAN  086   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED PROPERTY TAXES PER LOAN SERVICING INFORMATION. INSURANCE PER
BORROWER.     Partial Year Statement Comment:  03/31/1999 - NORMALIZED PROPERTY
TAXES PER LOAN SERVICING INFORMATION. INSURANCE PER BORROWER.

LOAN  087   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  088   - 1:

LOAN  089   - 1:     Partial Year Statement Comment:  06/30/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.

LOAN  090   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM.

LOAN  091   - 1:     Partial Year Statement Comment:  06/30/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. DECREASE IN
REV. IS DUE TO PREPAID RENT THAT IS COLLECTED IN THE THIRD QUARTER.

LOAN  092   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 The 1998 taxes are lower than 1997 due to a tax appeal.  The appeal is good for
one year only and must be appealed  every year.  The Borrower did not appeal the
1998 taxes but plans to do so retroactively and going forward.

LOAN  093   - 1:     Partial Year Statement Comment:  06/30/1999 -
 STATEMENT REFLECTS 3-MONTH OPERATION BECAUSE PER BORROWER PROPERTY WAS ACQUIRE
IN APRIL 1999. NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING
INFORMATION.

LOAN  094   - 1:

LOAN  095   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED PROPERTY TAXES & INSURANCE PER LOAN SERVICING INFO.  HIGHER UTILITY
USAGE & MAINTENANCE NEEDS DUE TO HIGHER OCCUPANCY.  BORROWER REPORTS HIGHER
MISCELLANEOUS ADMIN. FEES AND SECURITY EXPENSES. HIGHER DSCR DUE TO FULL
OCCUPANCY.     Partial Year Statement Comment:  06/30/1999 - NORMALIZED PROPETY
TAXES AND INSURANCE PER SERVICNG SYSTEM

LOAN  096   - 1:

LOAN  097   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED PROPERTY TAXES PER SERVICING INFO.     Partial Year Statement
 Comment:  06/30/1999 - NORMALIZED PROPERTY TAXES, CAPITAL IMPROVEMENTS AND
 TENANT IMPROVEMENTS PER LOAN SERVICING SYSTEM. SNOW REMOVAL OF $38,000 IS NOT
 NORMALIZED.

LOAN  098   - 1:

LOAN  099   - 1:

LOAN  100   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 THE 1998 GENERAL AND ADMINISTRATIVE EXPENSE IS HIGHER THAN PREVIOUS YEARS DUE
 TO INCREASED LEGAL BILLS FROM THE ACQUISITION OF THE SITE.  UTILITY EXPENSE IS
 BEGINNING TO DECREASE DUE TO THE INSTALLATION OF THE NEW SEPTIC SYSTEM IN 1997.

LOAN  101   - 1:

LOAN  102   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED PROPERTY TAX AND INSURANCE AMOUNTS PER LOAN SERVICING SYSTEM.
Partial Year Statement Comment:  03/31/1999 - NORMALIZED PROPERTY TAXES AND
INSURANCE PER SERVICING SYSTEM

LOAN  103   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 UTILITY EXPENSES HIGHER THAN AVERAGE DUE TO THE FACT THAT THE BUILDING IS 25
 YEARS OLD AND 22% OF THE TENANTS  ARE ENTERTAINMENT-ORIENTED BUSINESSES WHOSE
HOURS OF OPERATION EXTEND BEYOND NORMAL BUSINESS HOURS.

LOAN  104   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED PROPERTY TAX PER LOAN SERVICING SYSTEM.   INSURANCE PER BORROWER.
DSCR INCREASE DUE TO A 9% INCREASE IN BASE RENTS.  BORROWER DID NOT REPORT
MANAGEMENT FEES.  OTHER EXPENSES INCLUDES BAD DEBT EXPENSE.

                                   Page - 48
<PAGE>
LOAN  105   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING.  INCREASE IN DSCR IS DUE TO
 ONE TIME LAUNDRY CONTRACT INCOME SIGNED IN FEB 1999 AND CAPITAL REPAIRS MADE IN
 98 AND 99 REDUCING REPAIRS AND MAINTENANCE.

LOAN  106   - 1:

LOAN  107   - 1:

LOAN  107   - 1:

LOAN  108   - 1:

LOAN  109   - 1:

LOAN  110   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 The Subject property has undergone a rehab and began lease-up in November 1997
when occupancy was 0%. Operating expenses and incomes for 1998 represents a
property in lease up.     Partial Year Statement Comment:  03/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  111   - 1:

LOAN  112   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  113   - 1:

LOAN  114   - 1:

LOAN  115   - 1:

LOAN  116   - 1:

LOAN  116   - 2:

LOAN  117   - 1:

LOAN  118   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  119   - 1:

LOAN  120   - 1:

LOAN  121   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED REPLACEMENT RESERVES AND TENANT RESERVES PER LOAN SERVICING SYSTEM.
 PROPERTY HAS A SINGLE TENANT WITH A TRIPLE NET LEASE. Partial Year Statement
 Comment: 06/30/1999 - PROPERTY WAS OCCUPIED BY A SINGLE TENANT WITH TRIPPLE NET
 LEASE.

LOAN  122   - 1:

LOAN  123   - 1:

LOAN  124   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED PROPERTY TAX, INSURANCE AND REPLACEMENT RESERVES PER LOAN SERVICING
 SYSTEM.    Partial Year Statement Comment:  03/31/1999 - BORROWER INCLUDED AN
 EXCESSIVE INSURANCE EXPENSE IN THE FINANCIAL STATEMENTS.  NORMALIZED TAXES AND
 INSURANCE PER LOAN SERVICING.

LOAN  125   - 1:

LOAN  126   - 1:

LOAN  127   - 1:

LOAN  128   - 1:     Partial Year Statement Comment:  06/30/1999 -
 NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM.  INCREASE IN
 DSCR DUE TO AN INCREASE IN CURRENT PASS-THROUGHS.

LOAN  129   - 1:

LOAN  130   - 1:     Latest Annual Statement Comment: 07/01/1999 -
 PROPERTY WAS BUILT IN 1997, THEREFORE NO HISTORIC FINANCIAL INFORMATION WAS
 AVAILABLE. REVENUES WILL INCREASE WITH THE NEW TENANT, WHICH MOVED IN ON
 OCTOBER 1, AND OCCUPIES 56% OF THE FACILITY.

LOAN  131   - 1:     Partial Year Statement Comment:  06/11/1999 -
 Normalized property taxes and insurance per servicing system.

LOAN  132   - 1:

LOAN  133   - 1:

                                   Page - 49
<PAGE>
LOAN  134   - 1:     Latest Annual Statement Comment: 12/31/1997 -
 1997 CAPITAL REPAIRS AND OTHER EXP. WERE A RESULT OF RENOVATION OF THE
 PROPERTY. '97 OTHER INCOME IS $7,190 IN VARIOUS COLLECTIONS, $22,093.54 IN
 SECURITY DEPOSIT FORFEITURES, $510 IN APPLN FEES, $4,866.79 IN LATE FEES, ETC.
 SEE DETAILS IN COMMENT LOG.     Partial Year Statement Comment:  06/30/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. THE BORROWER
 HAS 40 NEWLY BUILD APARTMENTS WHICH ARE NOT PART OF THIS COLLATERAL. TENANTS
 ARE MOVING INTO THIS NEWER APARTMENTS, THUS THE OCCUPANCY RATE  IS LOW.

LOAN  135   - 1:

LOAN  136   - 1:     Partial Year Statement Comment:  04/30/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. REDUCTION IN
 CAPTIAL EXPENDITURES AND INCREASE IN RENT HAVE INCREASED THE DSCR.

LOAN  137   - 1:

LOAN  138   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICNG SYSTEM

LOAN  139   - 1:

LOAN  140   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING.

LOAN  141   - 1:     Partial Year Statement Comment:  06/30/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM.

LOAN  142   - 1:

LOAN  143   - 2:

LOAN  143   - 1:

LOAN  144   - 1:

LOAN  145   - 1:

LOAN  146   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING.

LOAN  147   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM.

LOAN  148   - 1:

LOAN  149   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 FINANCIAL FIGURES PER UNDERWRITING ANALYSIS.   Partial Year Statement Comment:
  03/31/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN 149 - 2: Latest Annual Statement Comment: 12/31/1998 - G&A EXPENSES DOUBLED
 FROM 1997 TO 1998 DUE TO A ONE TIME INCREASE IN ADVERTISING  IN ORDER TO LEASE
 UP THE  FACILITY  AFTER  CONSTRUCTION  WAS COMPLETED  AND OTHER ONE TIME COSTS
 ASSOCIATED WITH GETTING THE NEW UNITS READY FOR OCCUPANCY.
 Partial Year Statement Comment:  03/31/1999 - NORMALIZED PROPERTY TAXES PER
 SERVICING SYSTEM

LOAN  150   - 1:     Latest Annual Statement Comment: 12/31/1997 -
 PROPERTY TAXES, INSURANCE AND DEBT SERVICE PER UNDERWRITER ANALYSIS.  Partial
 Year Statement Comment:  06/30/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE
 PER LOAN SERVICING. INCREASE IN G&A IS DUE TO THE ADDITION OF SECURITY
 SERVICES. R&M INCREASED DUE TO PARKING LOT SWEEPING, WHICH IS NOW DONE WEEKLY
 UNDER NEW MANAGEMENT.  BOTH EXPENSES CAUSED DSCR TO DECREASE.

LOAN  151   - 1:     Latest Annual Statement Comment: 09/30/1998 -
 TRAILING TWELVE MONTH STATEMENT. PROPERTY TAXES, INSURANCE AND DEBT SERVICE PER
 UNDERWRITER ANALYSIS. Partial Year Statement Comment:  12/31/1998 - NORMALIZED
 PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM. THE PROPERTY WAS ACQUIRED
 IN DECEMBER 1998, AS A RESULT, THE INCOME STATEMENT REFLECTS ONE MONTH
 OPERATING ACTIVITIES.

LOAN  152   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAX, INSURANCE AND REPLACEMENT RESERVES PER LOAN SERVICING
SYSTEM.

                                   Page - 50
<PAGE>
LOAN  153   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING INFORMATION. HIGHER
 ADVERTISING EXPENSES DUE TO OUTDOOR ADVERTISING AND MARKETING ASSESSMENT COSTS.
 Partial Year Statement Comment:  06/30/1999 - NORMALIZED PROPERTY TAXES AND
 INSURANCE PER LOAN SERVICING INFORMATION. LOW OCCUPANCY RATE IN THE FIRST
 QUARTER DUE TO SEASONAL CYCLE OF THE BUSINESS CAUSING REVENUE AND DSCR TO
 DECREASE.

LOAN  154   - 1:

LOAN  155   - 1:     Partial Year Statement Comment:  06/30/1999 -  NORMALIZED
 PROPERTY TAXES AND INSURANCE PER LOAN SERVICING INFORMATION. INCREASE
 IN PROPERTY TAXES HAS CAUSED INCREASE IN TOTAL OPERATING STATEMENT.

LOAN  156   - 1:     Partial Year Statement Comment:  03/31/1999 - NORMALIZED
 TAXES AND INSURANCE PER LOAN SERVICING.  PER MANAGEMENT. SNOW REMOVAL
 WITHIN REPAIRS AND MAINTENANCE WAS AN EXTRAORDINARY EXPENSE REDUCING DSCR.

LOAN  157   - 1:

LOAN  158   - 1:

LOAN  159   - 1:     Latest Annual Statement Comment: 12/31/1998 - NORMALIZED
 PROPERTY TAX, INSURANCE PER LOAN SERVICING SYSTEM.     Partial Year
 Statement Comment: 06/30/1999 - NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN
 SERVICING SYSTEM. BORROWER TOOK OVER THE PROPERTY IN NOVEMBER1998 AND G&A
 EXPENSES WERE OVERSTATED DUE TO LEGAL BILLS TOWARD CLOSING THE LOAN. HIGHER
 DSCR REPRESENTS A MORE ACCURATE FIGURE.

LOAN  160   - 1:

LOAN  161   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED PROPERTY TAX, INSURANCE AND REPLACEMENT RESERVES PER LOAN SERVICING
 SYSTEM.  Partial Year Statement Comment:  03/31/1999 - NORMALIZED PROPERTY
 TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. INCREASE IN REPAIRS AND
 MAINTENANCE DUE TO WEATHER IN WINTER MONTHS.

LOAN  162   - 1:

LOAN  163   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED AND ACTUAL PROPERTY TAXES PER SERVICING INFORMATION.

LOAN  164   - 1:     Partial Year Statement Comment:  06/30/1999 - NORMALIZED
 PROPERTY TAXES AND INSURANCE PER LOAN SERVICING INFORMATION. VARIANCE
 IN DSCR DUE TO LOW DSCR IN 1998.

LOAN  165   - 1:

LOAN  166   - 1:

LOAN  167   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  168   - 1:

LOAN  169   - 1:

LOAN  170   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  171   - 1:

LOAN  172   - 1:     Partial Year Statement Comment:  06/30/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING SYSTEM. HIGHER DSCR
 BASED ON INCREASED OCCUPANCY AND RENTAL RATES.

LOAN  173   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM.

LOAN  174   - 3:

LOAN  174   - 1:

LOAN  174   - 2:

LOAN  175   - 1:

LOAN  176   - 1:

                                   Page - 51
<PAGE>
LOAN  177   - 1:

LOAN  178   - 1:

LOAN  179   - 1:     Partial Year Statement Comment:  06/30/1999 -
 NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM. BORROWER TOOK
 OVER THE PROPERTY IN MAY AND INCREASED RENTAL RATES, WHICH CAUSED DSCR TO
 INCREASE.

LOAN  180   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  180   - 2:

LOAN  181   - 1:

LOAN  182   - 1:     Latest Annual Statement Comment: 12/31/1998 - CAPITAL
 REPAIRS FOR 1998 INCLUDED NEW SEWER LINE AND NEW ROOF FOR THREE SECTIONS
 OF THE CENTER.  TENANT IMPROVEMENTS IN 1998 ARE FOR TENANT RELOCATION.
 Partial Year Statement Comment:  03/31/1999 - NORMALIZED PROPERTY TAXES AND
 INSURANCE PER SERVICING SYSTEM

LOAN  183   - 1:

LOAN  184   - 1:     Partial Year Statement Comment:  03/01/1999 -
 DEBT SERVICE BEFORE FUNDING.

LOAN  185   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED PROPERTY TAX & INSURANCE PER LOAN SERVICING SYSTEM. GENERAL &
 ADMINISTRATIVE & OTHER EXPENSES HAVE INCREASED DUE TO LOAN TRANSACTION LEGAL
 FEES. MANAGEMENT FEES HAVE INCREASED DUE TO MANAGEMENT RESTRUCTURING.  Partial
 Year Statement Comment:  06/30/1999 - NORMALIZED PROPERTY TAX & INSURANCE PER
LOAN SERVICING INFORMATION. LOW OCCUPANCY RATE IN THE FIRST QUARTER DUE TO
SEASONALITY CYCLE OF THE BUSINESS CAUSED LOW REVENUE AND LOW DSCR.

LOAN  186   - 1:

LOAN  187   - 1:

LOAN  188   - 1:

LOAN  189   - 1:

LOAN  190   - 1:

LOAN  191   - 1:

LOAN  192   - 1:

LOAN  193   - 1:

LOAN  194   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING.

LOAN  195   - 1:

LOAN  196   - 1:     Latest Annual Statement Comment: 12/31/1998 - NORMALIZED
INSURANCE EXPENSE PER LOAN SERVICING SYSTEM. INCREASE IN RENT DUE TO
BACK RENT PAID BY TENANTS.     Partial Year Statement Comment:  03/31/1999 -
REVENUE IS DOWN FOR THE FIRST QUARTER DUE TO EARLY RENT COLLECTIONS FOR THE
MONTH OF JANUARY.  NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING.

LOAN  197   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 REPAIRS AND MAINTANENCE EXPENSE CONSISTS LARGELY OF TENANT PREP EXPENSES.
BORROWER DOES NOT CONSIDER THESE TO BE CAPITAL EXPENSES.     Partial Year
Statement Comment:  03/31/1999 - REVENUE IS DOWN FOR THE FIRST QUARTER DUE TO
EARLY RENT COLLECTIONS FOR THE MONTH OF JANUARY. NORMALIZED TAXES AND INSURANCE
PER LOAN SERVICING.

LOAN  198   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 REVENUE INCREASE DUE TO BACK RENT PAID BY TENANTS.     Partial Year Statement
Comment:  03/31/1999 - NORMALIZED TAXES AND INSURANCE PER LOAN SERVICING.

LOAN  199   - 1:

LOAN  199   - 2:

LOAN  20    - 1:     Partial Year Statement Comment:  06/30/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER LOAN SERVICING INFORMATION. LOW
REVENUE AND DSCR DUE TO LOW OCCUPANCY IN THE BEGINNING  OF THE YEAR CAUSED BY
SEASONALITY OF THE BUSINESS.

                                   Page - 52
<PAGE>
LOAN  200   - 1:

LOAN  201   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER 1997 FIGURES. FEWER LATE FEES WERE
COLLECTED IN 98.  OTHER EXPENSES INCLUDE JANITORIAL AND OTHER TAXES. CONTRACT
CLEANING SERVICES ARE INCLUDED AS JANITORIAL EXPENSES, CAUSING AN INCREASE IN
OTHER EXPENSES.

LOAN  202   - 1:

LOAN  203   - 1:

LOAN  204   - 1:

LOAN  205   - 1:

LOAN  206   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  208   - 1:

LOAN  209   - 1:

LOAN  210   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 THE 1998 OTHER EXPENSES IS RELATED TO NEW APPLIANCES PLUS A WATER DAMAGE CLAIM
FROM AN OVERFLOWING FAUCET LEFT ON BY A VACATIONING TENANT.  THIS RESULTED IN
DAMAGE TO DOWNSTAIRS UNITS.     Partial Year Statement Comment:  03/31/1999 -
NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM. DEBT SERVICE
PRORATED TO 1/3 OF TOTAL DEBT SERVICE

LOAN  210   - 2:

LOAN  210   - 3:

LOAN  211   - 1:

LOAN  212   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED PROPERTY TAXES & INSURANCE PER LOAN SERVICING INFORMATION.  OTHER
EXPENSES INCLUDES JANITORIAL EXPENSES & CONTRACTED SERVICES.  ADVERTISING &
PROFESSIONAL FEES HAVE BEEN TAKEN OUT OF GEN/ADMIN.  LOAN PROCEEDS WERE EXCLUDED
FROM INCOME.

LOAN  213   - 1:     Partial Year Statement Comment:  07/31/1999 -
 NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM.  DECREASE IN
DSCR DUE TO HVAC REPAIRS AND MAINTENANCE.

LOAN  214   - 1:     Latest Annual Statement Comment: 12/31/1998 - THE
CAUSE OF THE HUGE INCREASE IN UTILITIES FROM 97 TO 98 WAS A WATER LEAK THAT
WAS NOT DISCOVERED UNTIL LATE IN THE YEAR.     Partial Year Statement Comment:
06/30/1999 - NORMALIZED PROPERTY TAX AND INSURANCE PER LOAN SERVICING SYSTEM.
INCREASED PROPERTY MANAGEMENT FEE, DUE TO CHANGE IN MANAGEMENT FIRMS, LED TO A
LOWER DSCR.

LOAN  215   - 1:

LOAN  216   - 1:

LOAN  216   - 2:

LOAN  217   - 1:     Latest Annual Statement Comment: 12/31/1998 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM     Partial Year
Statement Comment:  03/31/1999 - NORMALIZED PROPERTY TAXES AND INSURANCE PER
SERVICING SYSTEM

LOAN  218   - 1:

LOAN  219   - 1:

LOAN  220   - 1:

LOAN  221   - 1:

LOAN  222   - 1:

LOAN  223   - 1:

LOAN  224   - 1:     Partial Year Statement Comment:  03/31/1999 -
 NORMALIZED PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  225   - 1:

                                   Page - 53

<PAGE>
LOAN  226   - 1:     Latest Annual Statement Comment: 12/31/1998 -
THE INCREASE IN EGI FROM 1997 TO 1998 IS DUE TO A $25/MONTH RENTAL INCREASE, AS
WELL AS THE SELLER BECOMING MORE ACTIVE IN RV RENTALS. CAPITAL REPAIRS IN 1998
ARE FOR STREET REPAIRS. DSCR IS CONSISTENTLY LOW, BUT IS INCREASING FROM HIGHER
REVENUE.

LOAN  227   - 1:

LOAN  228   - 1:

LOAN  229   - 1:

LOAN  230   - 1:

LOAN  231   - 1:

LOAN  232   - 1:

LOAN  233   - 1:

LOAN  234   - 3:

LOAN  234   - 4:

LOAN  234   - 1:

LOAN  234   - 2:

LOAN  235   - 1:     Latest Annual Statement Comment: 12/31/1998 - THE BASE
RENT INCREASE '96 TO '98 RESULTED FROM TWO FACTORS.  THE OWNERS HAVE DONE A
SIGNIFICANT AMOUNT OF CAPITAL IMPROVEMENTS.  THE  LACK OF NEW UNITS COMING
 ON BOARD IN THE SUBMARKET IN RECENT YEARS HAS LED TO AN INCREASED IN ASKING
RENTAL RATES.     Partial Year Statement Comment:  03/31/1999 - NORMALIZED
PROPERTY TAXES AND INSURANCE PER SERVICING SYSTEM

LOAN  236   - 1:

LOAN  236   - 1:

LOAN  238   - 1:

LOAN  239   - 1:

LOAN  240   - 1:

LOAN  241   - 1:

LOAN  242   - 1:

                                   Page - 54


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission