CHASE COMMERCIAL MORTGAGE SECURITIES CORP
8-K, 2000-03-20
ASSET-BACKED SECURITIES
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<PAGE>

                                  UNITED STATES
                       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): March 20, 2000

CHASE COMMERCIAL MORTGAGE SECURITIES CORP. (as depositor under the Pooling and
Servicing Agreement, dated as of March 10, 2000, providing for the issuance of
Chase Commercial Mortgage Securities Corp.'s Commercial Mortgage Pass-Through
Certificates, Series 2000-1).

                   CHASE COMMERCIAL MORTGAGE SECURITIES CORP.
             (Exact name of registrant as specified in its charter)

         New York                     333-30082                 13-3728743
(State or other jurisdiction   (Commission File Number)       (IRS Employer
    of incorporation)                                     Identification Number)



           270 Park Avenue
           New York, New York                            10017-2070
          (Address of principal executive offices)       (Zip Code)

     (212) 270-5723
     (Registrant's telephone number, including area code)


                                 Not Applicable
         (Former name or former address, if changed since last report.)

<PAGE>

ITEM 5.  OTHER EVENTS

     Filing of Collateral Term Sheets

     On or about March 28, 2000, the Registrant will cause the sale of
approximately $627,361,254 principal amount of Commercial Mortgage Pass-Through
Certificates, Series 2000-1, in several classes (collectively, the
"Certificates") pursuant to a Pooling and Servicing Agreement to be dated as of
March 10, 2000 among the Registrant, The Chase Manhattan Bank, as master
servicer, Lennar Partners, Inc., as special servicer and State Street Bank and
Trust Company, as trustee (the "Pooling and Servicing Agreement").

     In connection with the sale of certain classes of the Certificates
(collectively, the "Underwritten Certificates") pursuant to a Prospectus
Supplement relating to certain classes of the Certificates, the Registrant has
been advised by Chase Securities Inc. (as lead manager and bookrunner), Goldman,
Sachs & Co. and Salomon Smith Barney Inc. (collectively, the "Underwriters")
that the Underwriters have, following the effective date of Registration
Statement No. 333-30082, furnished to one or more prospective investors on March
17, 2000 Collateral Term Sheets (the "Term Sheets") each dated as of March 17,
2000. The term "Collateral Term Sheet" shall mean those materials which
constitute "collateral term sheets" within the meaning of the no-action letter
dated February 17, 1995 issued by the Division of Corporation Finance to the
Public Securities Association. The Term Sheets are being filed as exhibits to
this report.

     The Term Sheets have been provided by the Underwriters. The information in
the Term Sheets is preliminary and will be superseded by the Prospectus
Supplement relating to the Underwritten Certificates and by any other
information subsequently filed with the Securities and Exchange Commission.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS

  (a)   Financial Statements:    Not applicable.

  (b)   Pro Forma Financial Information: Not applicable.

  (c)   Exhibit:

- --------------------------------------------------------------------------------
      EXHIBIT NO.                      DOCUMENT
- --------------------------------------------------------------------------------
        99.1            Term Sheet dated as of March 17, 2000
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------



                                      -2-
<PAGE>

                                    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 hereunto duly authorized.


                                        CHASE COMMERCIAL MORTGAGE
                                        SECURITIES CORP.

                                        By: /s/ Martin Friedman
                                        Name: Martin Friedman
                                        Title: Assistant Vice President



Dated:   March 20, 2000




                                      -3-
<PAGE>

                                  EXHIBIT INDEX

- --------------------------------------------------------------------------------
     EXHIBIT NO.                  DOCUMENT                            PAGE
- --------------------------------------------------------------------------------
       99.1          Term Sheet dated as of March 17, 2000              5
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------





                                      -4-

<PAGE>

<TABLE>
<CAPTION>

<S>                   <C>                          <C>                   <C>            <C>
CUSIP                  ID                           Face                  Servicing         P&I
1299Four               RBRT469N4M                    5,495,473.57          0.087100       43,072.26
CADYCENT               CRIS4CEL53                    3,800,474.49          0.087100       29,527.25
40WorthS               RBRT4BBQC5                   39,815,470.53          0.087100      311,321.23
6512Sout               RBRT48XKB8                    1,848,657.99          0.087100       13,920.97
AECII-Ar               RBRT4BLJCW                    4,053,421.35          0.087100       29,374.63
AECII-Bo               RBRT4BLJV7                    4,659,288.57          0.087100       33,765.27
AECII-Br               RBRT4BLJ9H                   14,085,916.98          0.087100      102,468.76
AECII-Co               RBRT4BLKRG                    4,410,753.24          0.087100       31,964.17
AECII-Be               RBRT4BLJFQ                    5,829,101.37          0.087100       42,242.76
AECII-Ho               RBRT4BLKTY                    7,106,712.65          0.087100       51,501.44
AECII-Ke               RBRT4BLJM3                    3,561,341.39          0.087100       25,808.59
AECII-La               RBRT4BLJNE                    6,207,394.07          0.087100       44,984.20
AECII-La               RBRT4BLKQ6                    7,258,428.98          0.087100       52,600.91
AECII-Mu               RBRT4BLJPS                    4,063,402.70          0.087100       29,446.96
AECII-Oa               RBRT4BLJRD                    4,263,029.45          0.087100       30,893.63
AECII-Re               RBRT4BLK8K                   10,435,488.86          0.087100       75,624.66
AECII-Re               RBRT4BLKW5                    3,518,421.62          0.087100       25,497.56
AECII-Sh               RBRT4BLKX9                    3,793,906.55          0.087100       27,493.96
AECII-Sp               RBRT4BLKSJ                    4,885,864.95          0.087100       35,407.24
AECII-Va               RBRT4BLKN9                    4,741,135.52          0.087100       34,358.41
AECII-Th               RBRT4BLKC7                    5,429,847.85          0.087100       39,349.42
BedfordH               CRIS4AULZV                   11,490,535.65          0.087100       90,060.18
ClarionB               FHER3UVHWR                    9,289,524.09          0.087100       78,874.83
Boulevar               RBRT495PQS                    3,174,700.82          0.087100       24,106.93
Brookshi               RBRT4DBQUR                    1,155,000.00          0.087100        9,347.12
DelWebbS               CRIS4D5K79                    1,073,694.80          0.087100        8,265.82
EmbassyS               RBRT4C9HZE                    9,988,747.37          0.087100       84,880.41
Goethals               RBRT4BWQFL                    9,000,000.00          0.087100       70,481.88
Greendal               RBRT47VR5S                   41,928,574.21          0.052100      314,941.62
HazelTow               RBRT49JP7Q                    5,193,502.21          0.087100       39,468.71
InnatMar               CRIS48HMGZ                    9,283,002.75          0.087100       77,219.03
JulianaH               RBRT4ANP2A                   12,953,927.00          0.087100      106,437.41
Meadowso               CRIS4CTS2T                   11,000,000.00          0.087100       83,957.61
MediaWor               CRIS4B4JBM                   16,535,023.84          0.087100      127,645.77
RegencyP               CRIS4D5KAX                   42,500,000.00          0.052100      330,409.46
SaharaRa               CRIS4CEJEG                    7,391,015.40          0.087100       56,899.60
Maintree               760000416                     9,095,565.39          0.052100       61,241.47
PlazaDeL               760000658                    10,260,156.86          0.052100       73,008.13
Wal-Mart               760000884                     2,682,278.72          0.052100       19,717.61
Sycamore               760000925                     1,698,572.03          0.052100       13,095.63
WoodMead               760010198                     4,331,723.45          0.052100       33,317.05
CampusMe               760010661                     3,196,348.41          0.052100       25,288.77
LaurelPa               760011194                    13,481,696.52          0.052100       98,682.03
Northtow               760011340                     5,733,530.79          0.052100       42,633.22
HickoryG               760011979                     5,053,332.06          0.052100       37,481.83
Highland               760013012                     5,822,756.61          0.052100       43,207.81
AddisonT               760013335                     1,093,656.77          0.052100        8,380.83
Longview               760013456                     2,828,707.48          0.052100       22,198.50
Walgreen               760013467                     3,245,751.99          0.052100       24,165.30
Lakecres               760013531                     5,318,584.51          0.052100       41,420.69
ForestGl               760013532                     2,547,850.65          0.052100       19,589.22
1370Mine               760013550                     2,123,310.53          0.052100       16,046.72
Princeto               760013667                     4,993,544.13          0.052100       37,387.72
USSelfSt               760013723                     2,749,699.94          0.052100       22,295.51
Autumnwo               760013842                     1,654,000.00          0.052100       12,964.80
EckerdDr               760013893                     2,941,989.54          0.052100       21,493.61
EckerdDr               760013894                     2,745,295.49          0.052100       20,152.03
EckerdDr               760013895                     2,106,157.95          0.052100       15,460.40
AguaFria               760013988                     4,041,880.40          0.052100       30,546.13
Versaill               760014043                     2,455,920.99          0.052100       18,646.80
Highland               760014070                    11,465,115.36          0.052100       83,125.71
MissionT               760014298                     2,996,468.60          0.052100       23,387.07
CoronaTo               760014332                    10,414,517.21          0.052100       82,370.28
1000Sans               760014354                     8,500,000.00          0.052100       63,261.09
Twinbroo               760014412                    12,764,996.39          0.052100       96,919.38
Stonegat               760014493                     8,400,000.00          0.052100       65,304.46
BaysDull               760014615                     1,572,000.00          0.052100       12,020.54
696Penns               760014664                     9,000,000.00          0.052100       66,919.28
<PAGE>

CollinCr               760014719                     5,000,000.00          0.052100       37,598.49
AlisoVie               760014752                     4,650,000.00          0.052100       38,958.97
Fairfiel               761001204                     2,098,686.84          0.052100       18,137.77
Statesbo               761001414                    11,841,922.59          0.052100       88,841.78
FGS,Favr               761001425                     6,438,795.91          0.052100       51,248.26
CortFurn               762015341                     2,436,008.10          0.052100       18,667.44
MiramarS               762015342                     1,720,251.47          0.052100       13,739.37
CVS-Ocea               763000490                     2,700,000.00          0.052100       21,288.15
AndoverO               763000519                     2,786,113.53          0.052100       21,549.11
Flatiron               763000945                     1,838,898.48          0.052100       13,864.24
CastleCe               764002047                     2,080,000.00          0.052100       16,052.40
Northpar               764002057                    15,175,000.00          0.052100      116,360.14
TimberRi               764002087                    16,485,747.85          0.052100      124,307.15
RiteAid-               765001015                     2,393,037.97          0.052100       17,710.84
FortKnox               765001017                     1,994,167.42          0.052100       15,515.90
Stor-All               766000620                     2,295,260.03          0.052100       17,965.61
Security               768001166                     2,293,938.01          0.052100       18,675.47
MarkhamE               769000318                     2,712,790.70          0.052100       20,741.20
TheGatew               769000354                     8,974,090.54          0.052100       66,604.35
OakParkI               769000383                     4,446,402.28          0.052100       35,358.36
Westfork                                            42,478,452.13          0.052100      342,165.77
OrangeCo                                            24,687,115.10          0.052100      184,805.82
OrangeCo                                            21,005,192.57          0.052100      157,243.24

</TABLE>


<PAGE>


LOAN CHANGES FROM RED:

DROP:         Name              15 West 34 Street
              No.               RBRT-49AP7H
              Cutoff Bal                 10,970,172.07


ADD:          Name              CADYCENTRE
              No.               CRIS-4CEL53
              Address           102 CADY CENTRE
              City              NORTHVILLE
              County            WAYNE
              State             MI
              Zip               48167
              Type              OFFICE
              Built                               1999
              Orig Bal                   $3,805,000.00
              Cutoff Bal                 $3,800,474.49
              DSCR                                1.20
              LTV                               76.01%
              Loan date                       12/23/99
              First P&I                        2/10/00
              Coupon                             8.60%
              Basis             ACT/360
              Am term                              360
              term                                 120
              Mo. Pmt                      $ 29,527.25
              Seasoning                              2
              Rem am term                          358
              Rem term                             118
              Mat                              1/10/10
              PP des            L(2.17),D(7.33),O(0.50)
              Org Lock+Def:                        113



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