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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 12, 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
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(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code (212) 270-6000
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<PAGE>
Item 5. Other Events.
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Filing of Computational Materials
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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 12, 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.
<PAGE>
Item 7. Financial Statements, Pro Forma Financial
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Information and Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Exhibits:
99.1 FUCMC Computational Materials filed on Form SE dated August 12, 1999.
99.2 CSI Computational Materials filed on Form SE dated August 12, 1999.
<PAGE>
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
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Name: Geoffrey Souter
Title: Assistant Vice President
Dated: August 12, 1999
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Exhibit Index
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Exhibit Page
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99.1 FUCMC Computational Materials filed on Form SE dated 6
August 12, 1999.
99.2 CSI Computational Materials filed on Form SE dated 7
August 12, 1999.
<PAGE>
EXHIBIT 99.1
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FUCMC Computational Materials filed on Form SE dated August 12, 1999.
<PAGE>
EXHIBIT 99.2
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CSI Computational Materials filed on Form SE dated August 12, 1999.
<PAGE>
BROWN & WOOD LLP
One World Trade Center
New York, New York 10048
Telephone: (212) 839-5300
Facsimile: (212) 839-5599
August 16, 1999
BY MODEM
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Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates,
Series 1999-1
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Ladies and Gentlemen:
On behalf of Chase Commercial Mortgage Securities Corp. (the "Company"),
we enclose herewith for filing, pursuant to the Securities and Exchange Act of
1934, the Company's Current Report on Form 8-K, for Computational Materials in
connection with the above-referenced transaction.
Very truly yours,
/s/ TaeHun Kim
TaeHun Kim
Enclosure
