CHASE COMMERCIAL MORTGAGE SECURITIES CORP
8-K, 1999-08-11
ASSET-BACKED SECURITIES
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    Form 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934


                     Date of Report (Date of earliest Event
                           Reported): August 9, 1999


              CHASE COMMERCIAL MORTGAGE SECURITIES CORP. (as
              depositor under the Pooling and Servicing Agreement,
              dated as of August 10, 1999, providing for the
              issuance of Chase Commercial Mortgage Securities
              Corp.'s Commercial Mortgage Pass-Through
              Certificates, Series 1999-1).


                   Chase Commercial Mortgage Securities Corp.
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             (Exact name of registrant as specified in its charter)


            New York                        333-81595             13-3728743
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  (State of Other Jurisdiction            (Commission         (I.R.S. Employer
       of Incorporation)                  File Number)       Identification No.)


            270 Park Avenue
          New York, New York                           10017-2070
        (Address of Principal                          (Zip Code)
          Executive Offices)



       Registrant's telephone number, including area code (212) 270-6000


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Item 5.       Other Events.

Filing of Computational Materials

         In connection with the offering of the Chase Commercial Mortgage
Securities Corp.'s Commercial Mortgage Pass-Through Certificates, Series
1999-1, First Union Capital Markets Corp. ("FUCMC"), as underwriter, has
prepared certain materials (the "FUCMC Computational Materials") for
distribution to its potential investors. Similarly, Chase Securities Inc.
("CSI"), as underwriter, has prepared certain materials (the "CSI Computational
Materials") for distribution to its potential investors. Although Chase
Commercial Mortgage Securities Corp. (the "Company") provided FUCMC and CSI
with certain information regarding the characteristics of the Mortgage Loans in
the related portfolio, the Company did not participate in the preparation of
the FUCMC Computational Materials or the CSI Computational Materials.

For purposes of this Form 8-K, "Computational Materials" shall mean computer
generated tables and/or charts displaying, with respect to any Class or Classes
of Certificates, any of the following: yield; average life; duration; expected
maturity; interest rate sensitivity; loss sensitivity; cash flow
characteristics; background information regarding the Mortgage Loans; the
proposed structure; decrement tables; or similar information (tabular or
otherwise) of a statistical, mathematical, tabular or computational nature. The
FUCMC Computational Materials, which are listed as Exhibit 99.1 hereto and the
CSI Computational Materials, which are listed on Exhibit 99.2 hereto, are being
filed in paper format on Form SE dated August 9, 1999 pursuant to a continuing
hardship exemption issued by the Securities and Exchange Commission.




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*    Capitalized  terms used and not otherwise  defined  herein shall have the
     meanings   assigned  to  them  in  the   prospectus  and  the  prospectus
     supplement,   of  the  Company,   relating  to  its  Commercial  Mortgage
     Pass-Through Certificates, Series 1999-1.


Item 7.       Financial Statements, Pro Forma Financial
              Information and Exhibits.

(a)       Not applicable.

(b)       Not applicable.

(c)       Exhibits:

          99.1 FUCMC Computational  Materials filed on Form SE dated August 9,
               1999.

          99.2 CSI  Computational  Materials  filed on Form SE dated August 9,
               1999.

                                   SIGNATURES


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

                                CHASE COMMERCIAL MORTGAGE
                                SECURITIES CORP.




                                By:  /s/ Geoffrey Souter
                                      Name:  Geoffrey Souter
                                      Title:    Assistant Vice President



Dated:    August 9, 1999


                                 Exhibit Index



Exhibit                                                                    Page

99.1     FUCMC Computational Materials filed on Form SE dated               6
         August 9, 1999.

99.2     CSI Computational Materials filed on Form SE dated                 7
         August 9, 1999.


                                  EXHIBIT 99.1

     FUCMC Computational Materials filed on Form SE dated August 9, 1999.



                                  EXHIBIT 99.2

     CSI Computational Materials filed on Form SE dated August 9, 1999.




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