<PAGE>
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: January 18, 1999
CHASE COMMERCIAL MORTGAGE SECURITIES CORP.
(formerly known as "Chemical Commercial Mortgage Securities Corp.")
- --------------------------------------------------------------------------------
(Exact Name of Registrant)
New York 333-05271 13-3728743
- ------------------- -------------------------- --------------------
(State or other (Commission File Number) (IRS Employer
jurisdiction Identification No.)
of incorporation)
380 Madison Avenue, New York 10017-2951
--------------------------------------- ----------
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (212) 622-3510
<PAGE>
Item 5. Other Events:
On or about 1/18/2000, Chase Commercial Mortgage Securities Corp. (the
"Depositor") made the distributions to holders of its Mortgage Pass-Through
Certificates, Series 1996-1, Series 1996-2, Series 1997-1, Series 1997-2, Series
1998-1, Series 1998-2 and 1999-2 contemplated by the applicable Pooling and
Servicing Agreements for such Series (collectively, the "Pooling and Servicing
Agreements").
Copies of the Certificateholders' Reports with respect to such
distributions delivered pursuant to Section 4.02 of the applicable Pooling and
Servicing Agreements are being filed as exhibits to this Current Report on Form
8-K.
Item 7(c). Exhibits
Exhibits Description
-------- -----------
20.1 Monthly Reports with respect to the January 18,
2000 distribution
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
Dated: January 28, 2000
THE CHASE MANHATTAN BANK, As Paying Agent,
on behalf of Chase Commercial Mortgage
Securities Corp.
By: /s/ Norma Catone
-----------------------------------
Name: Norma Catone
Title: Vice President
<PAGE>
INDEX TO EXHIBITS
-----------------
Exhibit No. Description
- ----------- -------------
20.1 Monthly Reports with respect to the
distribution to certificateholders
on January 18, 2000.
<PAGE>
Page 1
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1996-1
Statement to Certificateholders
January 18 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 190,000,000.00 141,643,475.05 481,578.35 897,075.34 1,378,653.69 0.00 0.00 141,161,896.70
A2 123,421,002.00 123,421,002.00 0.00 781,666.35 781,666.35 0.00 0.00 123,421,002.00
P 1,222,154.00 638,626.09 1,046.40 0.00 1,046.40 0.00 0.00 637,579.69
B 26,589,563.00 26,589,563.00 0.00 168,400.57 168,400.57 0.00 0.00 26,589,563.00
C 22,157,969.00 22,157,969.00 0.00 140,333.80 140,333.80 0.00 0.00 22,157,969.00
D 15,510,578.00 15,510,578.00 0.00 98,233.66 98,233.66 0.00 0.00 15,510,578.00
E 11,078,984.00 11,078,984.00 0.00 70,166.90 70,166.90 0.00 0.00 11,078,984.00
F 24,373,766.00 24,373,766.00 0.00 154,367.18 154,367.18 0.00 0.00 24,373,766.00
G 17,726,375.00 17,726,375.00 0.00 112,267.04 112,267.04 0.00 0.00 17,726,375.00
H 11,078,984.00 10,868,668.10 0.00 65,104.75 65,104.75 0.00 0.00 10,868,668.10
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 443,159,375.00 394,009,006.24 482,624.750 2,487,615.59 2,970,240.34 0.00 0.00 393,526,381.49
X 443,159,377.53 394,009,008.78 0.00 280,022.01 762,646.76 0.00 0.00 393,526,384.03
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505AA0 745.49197395 2.53462289 4.72144916 7.25607205 742.95735105 A1 7.600000 %
A2 161505AB8 1,000.00000000 .00000000 6.33333337 6.33333337 1,000.00000000 A2 7.600000 %
P 161505AC6 522.54142277 .85619325 .00000000 .85619325 521.68522952 P .000000 %
B 161505AE2 1,000.00000000 .00000000 6.33333350 6.33333350 1,000.00000000 B 7.600000 %
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1996-1
Statement to Certificateholders
January 18 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
C 161505AF9 1,000.00000000 .00000000 6.33333317 6.33333317 1,000.00000000 C 7.600000 %
D 161505AG7 1,000.00000000 .00000000 6.33333329 6.33333329 1,000.00000000 D 7.600000 %
E 161505AH5 1,000.00000000 .00000000 6.33333345 6.33333345 1,000.00000000 E 7.600000 %
F 161505AJ1 1,000.00000000 .00000000 6.33333314 6.33333314 1,000.00000000 F 7.600000 %
G 161505AK8 1,000.00000000 .00000000 6.33333324 6.33333324 1,000.00000000 G 7.600000 %
H 161505AL6 981.01667987 .00000000 5.87641881 5.87641881 981.01667987 H 7.600000 %
TOTALS 889.09098728 1.08905459 5.61336560 6.70242018 888.00193269
X 161505AD4 889.09098793 .00000000 .63187653 1.72093111 888.00193335 X .852839 %
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Diane E Wallace
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-8583
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1996-1
January 18 2000
Available Distribution Amount 3,250,262.35
Scheduled Principal Distribution Amount 482,624.75
Unscheduled Principal Distribution Amount 0.00
Balance Information
Weighted Average Remaining Term to Maturity of Mortgage
Loans Outstanding 72.00
Weighted Average Mortgage Rate of Mortgage Loans Outstanding 8.57 %
Loans Delinquent
Group Totals
Principal
Period Number Balance Percentage
31-60 days 2 16,805,360.61 4.27 %
61-90 days 0 .00 .00 %
91+days 0 .00 .00 %
Total 2.00 16,805,360.61 4.27 %
Aggregate Appraised Value of REO Properties 0.00
Yield Maintenance Charges/Prepayment Premiums 0
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1996-1
January 18 2000
Advance Summary
Master Servicer P&I Advances Made 275,204.02
Master Servicer Unreimbursed P&I Advances Outstanding 552,864.34
Interest Accrued & Payable to Master Servicer in Respect of
Advances Made 0.00
Interest Paid to Servicer in Respect of Advances Made 0.00
Servicing Fee Breakdown
Current Period Accrued Servicing Fees 46,981.88
Less Delinquent Servicing Fees 0.00
Plus Additional Servicing Fees 0.00
Less Reductions to Servicing Fees 0.00
Plus Servicing Fees for Delinquent Payments Received 0.00
Plus Adjustments for Prior Servicing Calculation 0.00
Total Servicing Fees Collected 46,981.88
Appraisal Reduction Amounts 0
Number of Extended or Modified Mortgage Loans 0.00
Aggregate Stated Principal Balance of Extended or Modified
Mortgage Loans 0.00
Accrued Certificate Interest 0
Class Unpaid Interest Shortfall 0
Distribution to Residual Certificates 0.00
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1996-1
January 18 2000
Interest Detail
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1996-2
Statement to Certificateholders
January 19 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 53,977,671.00 39,260,782.58 228,148.54 219,206.04 447,354.58 0.00 0.00 39,032,634.04
A2 128,080,472.00 128,080,472.00 0.00 736,462.71 736,462.71 0.00 0.00 128,080,472.00
B 17,027,021.00 17,027,021.00 0.00 97,905.37 97,905.37 0.00 0.00 17,027,021.00
C 15,717,250.00 15,717,250.00 0.00 90,374.19 90,374.19 0.00 0.00 15,717,250.00
D 13,097,708.00 13,097,708.00 0.00 75,311.82 75,311.82 0.00 0.00 13,097,708.00
E 5,239,083.00 5,239,083.00 0.00 30,124.73 30,124.73 0.00 0.00 5,239,083.00
F 13,097,708.00 13,097,708.00 0.00 75,311.82 75,311.82 0.00 0.00 13,097,708.00
G 9,168,396.00 9,168,396.00 0.00 52,718.28 52,718.28 0.00 0.00 9,168,396.00
H 6,548,854.00 6,548,854.00 0.00 33,335.68 33,335.68 0.00 0.00 6,548,854.00
R 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
TOTALS 261,954,163.00 247,237,274.58 228,148.54 1,410,750.64 1,638,899.18 0.00 0.00 247,009,126.04
X 261,954,164.00 247,237,276.24 0.00 303,719.61 531,868.16 0.00 0.00 247,009,127.69
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505AN2 727.35228943 4.22672071 4.06105036 8.28777107 723.12556872 A1 6.700000 %
A2 161505AP7 1,000.00000000 0.00000000 5.74999997 5.74999997 1,000.00000000 A2 6.900000 %
B 161505AQ5 1,000.00000000 0.00000000 5.74999996 5.74999996 1,000.00000000 B 6.900000 %
C 161505AR3 1,000.00000000 0.00000000 5.75000016 5.75000016 1,000.00000000 C 6.900000 %
D 161505AS1 1,000.00000000 0.00000000 5.74999992 5.74999992 1,000.00000000 D 6.900000 %
E 161505AT9 1,000.00000000 0.00000000 5.75000052 5.75000052 1,000.00000000 E 6.900000 %
F 161505AV4 1,000.00000000 0.00000000 5.74999992 5.74999992 1,000.00000000 F 6.900000 %
G 161505AW2 1,000.00000000 0.00000000 5.75000033 5.75000033 1,000.00000000 G 6.900000 %
H 161505AX0 1,000.00000000 0.00000000 5.09030740 5.09030740 1,000.00000000 H 6.900000 %
TOTALS 943.81884124 0.87094833 5.38548662 6.25643495 942.94789291
X 161505AU6 943.81884397 0.00000000 1.15943799 2.03038635 942.94789561 X 1.474145 %
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Diane E Wallace
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-8583
Email: [email protected]
Available Distribution Amount 1,942,618.79
Scheduled Principal Distribution Amount 229,231.12
Unscheduled Principal Distribution Amount -1,082.58
Balance Information
Weighted Average Remaining Term to Maturity of Mortgage
Loans Outstanding 72.00
Page 1
<PAGE>
Weighted Average Mortgage Rate of Mortgage Loans Outstanding 8.45 %
Loans Delinquent
Group Totals
Aggreegated
Principal
Period Number Balance Percentage
31-60 days 0 0.00 0.00 %
61-90 days 0 0.00 0.00 %
91+days 0 0.00 0.00 %
Total 0 0.00 0.00 %
Aggregate Appraised Value of REO Properties 3,200,000.00
Yield Maintenance Charges/Prepayment Premiums 0
Advance Summary
Master Servicer P&I Advances Made 26,527.36
Master Servicer Unreimbursed P&I Advances Outstanding 296,190.61
Interest Accrued & Payable to Master Servicer in Respect of
Advances Made 0.00
Interest Paid to Servicer in Respect of Advances Made 0.00
Trustee Compensation 1,771.87
Current Period Accrued Servicing Fees 20,419.38
Appraisal Reduction Amounts 0
Number of Extended or Modified Mortgage Loans 0.00
Aggregate Stated Principal Balance of Extended or Modified
Mortgage Loans 0.00
Accrued Certificate Interest 0
Current Period Unpaid Interest Shortfalls
Distribution to Residual Certificates 0.00
Page 2
<PAGE>
- --------------------------------------------------------------------------------
CHASE COMMERCIAL MORTGAGE SECURITIES CORP
COMMERCIAL MORTGAGE PASS-THROUGH
SERIES 1997-1
DISTRIBUTION STATEMENT
================================================================================
DISTRIBUTION DATE: 19-Jan-2000 PAGE # 1
RECORD DATE: 31-Dec-1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Original Beginning Prepayment Collateral Support
Class Cusip# Certificate Certificate Principal Interest Penalties Deficit
Balance Balance Distribution Distribution (PP/YMC) (Allocation/Reimb)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
A-1 161505AY8 100,600,000.00 61,978,920.88 647,088.02 375,488.96 0.00 0.00
A-2 161505AZ5 283,717,991.00 283,717,991.00 0.00 1,742,501.33 0.00 0.00
B 161505BB7 26,688,749.00 26,688,749.00 0.00 163,913.40 0.00 0.00
C 161505BC5 26,688,749.00 26,688,749.00 0.00 163,913.40 0.00 0.00
D 161505BD3 29,357,624.00 29,357,624.00 0.00 180,304.74 0.00 0.00
E 161505BE1 10,675,500.00 10,675,500.00 0.00 65,565.36 0.00 0.00
F 161505BF8 29,357,624.00 29,357,624.00 0.00 180,304.74 N/A 0.00
G 161505BG6 5,337,750.00 5,337,750.00 0.00 32,782.68 N/A 0.00
H 161505BH4 8,006,625.00 8,006,625.00 0.00 49,174.02 N/A 0.00
I 161505BJ0 13,344,374.00 13,344,374.00 0.00 77,777.89 N/A 0.00
R N/A N/A N/A N/A 0.00 N/A N/A
LR N/A N/A N/A N/A 0.00 N/A N/A
- ------------------------------------------------------------------------------------------------------------------------------------
TOTALS 533,774,986.00 495,153,906.88 647,088.02 3,031,726.52 0.00 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- --------------------------------
Total Ending
Distribution Principal
Balance
- --------------------------------
<S> <C>
1,022,576.98 61,331,832.86
1,742,501.33 283,717,991.00
163,913.40 26,688,749.00
163,913.40 26,688,749.00
180,304.74 29,357,624.00
65,565.36 10,675,500.00
180,304.74 29,357,624.00
32,782.68 5,337,750.00
49,174.02 8,006,625.00
77,777.89 13,344,374.00
0.00 N/A
0.00 N/A
- --------------------------------
3,678,814.54 494,506,818.86
- --------------------------------
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
Original Beginning Prepayment Total Ending
Class Cusip# Notional Notional Interest Penalties Distribution Notional
Balance Balance Distribution (PP/YMC) Balance
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
A-1 Component 100,600,000.00 61,978,920.88 N/A N/A N/A 61,331,832.86
WAC Component 533,774,986.00 495,153,906.15 N/A N/A N/A 494,506,818.13
X 161505BA9 533,774,986.00 495,153,906.88 593,043.52 0.00 593,043.52 494,506,818.86
- -------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------------
- -------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
FACTOR INFORMATION PER $1,000
- ----------------------------------------------------------------------------------------------
Principal Interest End. Principal Pass Through
Class Cusip# Distribution Distribution Balance Rate
- ----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A-1 161505AY8 6.4322864811 3.7324946322 609.6603664016 7.2700000%
A-2 161505AZ5 0.0000000000 6.1416666735 1000.0000000000 7.3700000%
B 161505BB7 0.0000000000 6.1416666626 1000.0000000000 7.3700000%
C 161505BC5 0.0000000000 6.1416666626 1000.0000000000 7.3700000%
D 161505BD3 0.0000000000 6.1416666417 1000.0000000000 7.3700000%
E 161505BE1 0.0000000000 6.1416664325 1000.0000000000 7.3700000%
F 161505BF8 0.0000000000 6.1416666417 1000.0000000000 7.3700000%
G 161505BG6 0.0000000000 6.1416664325 1000.0000000000 7.3700000%
H 161505BH4 0.0000000000 6.1416664325 1000.0000000000 7.3700000%
I 161505BJ0 0.0000000000 5.8285153854 1000.0000000000 7.3700000%
R N/A N/A N/A N/A N/A
LR N/A N/A N/A N/A N/A
- ----------------------------------------------------------------------------------------------
<CAPTION>
FACTOR INFORMATION PER $1,000
- ----------------------------------------------------------------------------------------------
Interest Ending Notional Current Pass Next Pass
Class Cusip# Distribution Balance Through Rate Through Rate
- ----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A-1 Component N/A N/A 0.1000000% 0.10000000%
WAC Component N/A N/A 1.4249314% 1.42492406%
X 161505BA9 1.1110366 926.4331073 1.4372344% 1.43732669%
- ----------------------------------------------------------------------------------------------
</TABLE>
================================================================================
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
----------------------------------------------------------------
DIANE WALLACE
CHASE MANHATTAN BANK - STRUCTURED FINANCE SERVICES
450 WEST 33RD STREET
NEW YORK, NEW YORK 10001
(212) 946-8583
----------------------------------------------------------------
THE CHASE MANHATTAN BANK
SERVICER
(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
CHASE COMMERCIAL MORTGAGE SECURITIES CORP
COMMERCIAL MORTGAGE PASS-THROUGH
SERIES 1997-1
DISTRIBUTION STATEMENT
================================================================================
- --------------------------------------------------------------------------------
DISTRIBUTION DATE: 19-Jan-2000 PAGE # 2
RECORD DATE: 31-Dec-1999
SECTION 4.02 (a)(iii) P & I Advances 13,223.64
SECTION 4.02 (a)(iv) Servicing Compensation 40,418.22
SECTION 4.02 (a)(iv) Trustee Compensation 2,640.82
SECTION 4.02 (a)(iv) Special Servicing Compensation 3,276.26
SECTION 4.02 (a)(v) Aggregate Stated Principal Balance
-----------------------------------------------------------------
Beginning Balance Ending Balance
-----------------------------------------------------------------
Mortgage Loans 495,153,906.15 494,506,818.13
Reo Loans Outstanding 0.00 0.00
-----------------------------------------------------------------
SECTION 4.02 (a)(vi) Aggregate Number of Mortgages Loans 104
Aggregate Mortgage Principal Balance 494,506,818.13
Weighted Average Remaining Term to Maturity 92.00
Weighted Average Mortgage Rate 8.899%
SECTION 4.02 (a)(vii) Loans Delinquent
-----------------------------------------------------------------
Aggr Principal
Period Number Balance
-----------------------------------------------------------------
1 Month 0 0.00
2 Months 0 0.00
3 Months or more 0 0.00
In Foreclosure 0 0.00
-----------------------------------------------------------------
SECTION 4.02 (a)(viii) Appraisal Value of REO Property 0.00
SECTION 4.02 (a)(ix) Available Distribution Amount 4,271,858.06
SECTION 4.02 (a)(x) Accrued Certificate Interest
-----------------------------------------------------------------
Cert Deferred
Class Accrued Cert Interest Interest
-----------------------------------------------------------------
A-1 375,488.96 0.00
A-2 1,742,501.33 0.00
B 163,913.40 0.00
C 163,913.40 0.00
D 180,304.74 0.00
E 65,565.36 0.00
F 180,304.74 0.00
G 32,782.68 0.00
H 49,174.02 0.00
I 81,956.70 0.00
X 593,043.52 0.00
-----------------------------------------------------------------
SECTION 4.02 (a)(xiii) Scheduled Principal Distribution Amount 634,973.59
SECTION 4.02 (a)(xiii) Unscheduled Principal Distribution Amount 12,114.43
SECTION 4.02 (a)(xvi) Appraisal Reduction Amounts
-----------------------------------------------------------------
Loan Number Appraisal Reduct Effect Appraisal Reduct Amt
-----------------------------------------------------------------
56-3987164 $146,954.73 902.55
-----------------------------------------------------------------
SECTION 4.02 (a)(xvii) Number of Loans Extended or Modified 0.00
SECTION 4.02 (a)(xvii) Stated Principal Balance of Mortgage
Loans Extended or Modified 0.00
SECTION 4.02 (a)(xviii) Class Unpaid Interest Shortfall
-----------------------------------------------------------------
Class Current Cumulative
Unpaid Interest Unpaid Interest
Shortfall Shortfall
-----------------------------------------------------------------
A-1 0.00 0.00
A-2 0.00 0.00
B 0.00 0.00
C 0.00 0.00
D 0.00 0.00
E 0.00 0.00
F 0.00 0.00
G 0.00 0.00
H 0.00 0.00
I 4,178.81 59,019.95
X 0.00 0.00
-----------------------------------------------------------------
SECTION 4.02 (a)(xx) Distribution to Residual Certificates 0.00
(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
CHASE COMMERCIAL MORTGAGE SECURITIES CORP
COMMERCIAL MORTGAGE PASS-THROUGH
SERIES 1997-2
DISTRIBUTION STATEMENT
================================================================================
DISTRIBUTION DATE: 19-Jan-2000 PAGE # 1
RECORD DATE: 31-Dec-1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Original Beginning Prepayment Collateral Support
Class Cusip# Certificate Certificate Principal Interest Penalties Deficit
Balance Balance Distribution Distribution (PP/YMC) (Allocation/Reimb)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
A-1 161505BK7 196,000,000.00 162,655,895.84 796,344.93 874,275.44 0.00 0.00
A-2 161505BL5 390,074,509.00 390,074,509.00 0.00 2,145,409.80 0.00 0.00
B 161505BN1 32,559,695.00 32,559,695.00 0.00 179,078.32 0.00 0.00
C 161505BP6 48,839,542.00 48,839,542.00 0.00 268,617.48 0.00 0.00
D 161505BQ4 44,769,581.00 44,769,581.00 0.00 246,232.70 0.00 0.00
E 161505BR2 12,209,885.00 12,209,885.00 0.00 67,154.37 0.00 0.00
F 161505BS0 48,839,542.00 48,839,542.00 0.00 268,617.48 N/A 0.00
G 161505BT8 6,104,943.00 6,104,943.00 0.00 33,577.19 N/A 0.00
H 161505BU5 12,209,886.00 12,209,886.00 0.00 67,154.37 N/A 0.00
I 161505BV3 8,139,924.00 8,139,924.00 0.00 44,769.58 N/A 0.00
J 161505BW1 14,244,866.00 14,244,866.00 0.00 74,762.40 N/A 0.00
R N/A N/A N/A N/A 0.00 N/A 0.00
LR N/A N/A N/A N/A 0.00 0.00 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
TOTALS 813,992,373.00 780,648,268.84 796,344.93 4,269,649.13 0.00 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- --------------------------------
Total Ending
Distribution Principal
Balance
- --------------------------------
<S> <C>
1,670,620.37 161,859,550.91
2,145,409.80 390,074,509.00
179,078.32 32,559,695.00
268,617.48 48,839,542.00
246,232.70 44,769,581.00
67,154.37 12,209,885.00
268,617.48 48,839,542.00
33,577.19 6,104,943.00
67,154.37 12,209,886.00
44,769.58 8,139,924.00
74,762.40 14,244,866.00
0.00 0.00
0.00 0.00
- --------------------------------
5,065,994.06 779,851,923.91
- --------------------------------
<CAPTION>
- ---------------------------------------------------------------------------------------------------------------------------------
Original Beginning Prepayment Total Ending
Class Cusip# Notional Notional Interest Penalties Distribution Notional
Balance Balance Distribution (PP/YMC) Balance
- ---------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
A-1 Component 196,000,000.00 162,655,895.84 N/A N/A N/A 161,859,550.91
WAC Component 813,992,373.00 780,648,268.84 N/A N/A N/A 779,851,923.91
X 161505BM3 813,992,373.00 780,648,268.84 1,033,537.90 0.00 1,033,537.90 779,851,923.91
- ---------------------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
FACTOR INFORMATION PER $1,000
- ----------------------------------------------------------------------------------------------
Principal Interest End. Principal Pass Through
Class Cusip# Distribution Distribution Balance Rate
- ----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A-1 161505BK7 4.0629843367 4.4605889803 825.8140352551 6.4500000%
A-2 161505BL5 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
B 161505BN1 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
C 161505BP6 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
D 161505BQ4 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
E 161505BR2 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
F 161505BS0 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
G 161505BT8 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
H 161505BU5 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
I 161505BV3 0.0000000000 5.5000000000 1000.0000000000 6.6000000%
J 161505BW1 0.0000000000 5.2483752502 1000.0000000000 6.6000000%
R N/A N/A N/A N/A N/A
LR N/A N/A N/A N/A N/A
- ----------------------------------------------------------------------------------------------
<CAPTION>
FACTOR INFORMATION PER $1,000
- ----------------------------------------------------------------------------------------------
Interest Ending Notional Current Pass Next Pass
Class Cusip# Distribution Balance Through Rate Through Rate
- ----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A-1 Component N/A N/A 0.1500000% 0.15000000%
WAC Component N/A N/A 1.4597792% 1.45979886%
X 161505BM3 1.2697145 958.0580234 1.5887379% 1.58860454%
- ----------------------------------------------------------------------------------------------
</TABLE>
================================================================================
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
----------------------------------------------------------------
DIANE WALLACE
CHASE MANHATTAN BANK - STRUCTURED FINANCE SERVICES
450 WEST 33RD STREET
NEW YORK, NEW YORK 10001
(212) 946-8583
----------------------------------------------------------------
THE CHASE MANHATTAN BANK
SERVICER
(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
CHASE COMMERCIAL MORTGAGE SECURITIES CORP
COMMERCIAL MORTGAGE PASS-THROUGH
SERIES 1997-2
DISTRIBUTION STATEMENT
================================================================================
DISTRIBUTION DATE: 19-Jan-2000 PAGE # 2
RECORD DATE: 31-Dec-1999
SECTION 4.02 (a)(iii) P & I Advances 143,439.83
SECTION 4.02 (a)(iv) Servicing Compensation 60,525.17
SECTION 4.02 (a)(iv) Trustee Compensation 3,740.65
SECTION 4.02 (a)(iv) Special Servicing Compensation 0.00
SECTION 4.02 (a)(v) Aggregate Stated Principal Balance
--------------------------------------------------------
Beginning Balance Ending Balance
--------------------------------------------------------
Mortgage Loans 780,656,489.73 779,860,144.80
Reo Loans Outstanding 4,884,249.60 4,879,654.04
--------------------------------------------------------
SECTION 4.02 (a)(vi) Aggregate Number of Mortgages Loans 166
Aggregate Mortgage Principal Balance 779,860,144.80
Weighted Average Remaining Term to Maturity 93.00
Weighted Average Mortgage Rate 8.16%
SECTION 4.02 (a)(vii) Loans Delinquent
--------------------------------------------------------
Aggr Principal
Period Number Balance
--------------------------------------------------------
1 Month 0 0.00
2 Months 0 0.00
3 Months or more 0 0.00
In Foreclosure 0 0.00
--------------------------------------------------------
SECTION 4.02 (a)(viii) Appraisal Value of REO Property 0.00
SECTION 4.02 (a)(ix) Available Distribution Amount 6,099,531.96
SECTION 4.02 (a)(x) Accrued Certificate Interest
--------------------------------------------------------
Accrued Cert Cert Deferred
Class Interest Interest
--------------------------------------------------------
A-1 874,275.44 0.00
A-2 2,145,409.80 0.00
B 179,078.32 0.00
C 268,617.48 0.00
D 246,232.70 0.00
E 67,154.37 0.00
F 268,617.48 0.00
G 33,577.19 0.00
H 67,154.37 0.00
I 44,769.58 0.00
J 78,346.76 0.00
X 1,033,537.90 0.00
--------------------------------------------------------
SECTION 4.02 (a)(xiii) Scheduled Principal Distribution Amount 796,344.93
SECTION 4.02 (a)(xiii) Unscheduled Principal Distribution Amount 0.00
SECTION 4.02 (a)(xvi) Appraisal Reduction Amounts
--------------------------------------------------------
Appraisal Reduct Appraisal
Loan Number Effect Reduct Amt
--------------------------------------------------------
190000008 466,134.89 2,563.74
--------------------------------------------------------
SECTION 4.02 (a)(xvii) Number of Loans Extended or Modified 0.00
SECTION 4.02 (a)(xvii) Stated Principal Balance of Mortgage Loans
Extended or Modified 0.00
SECTION 4.02 (a)(xviii) Class Unpaid Interest Shortfall
--------------------------------------------------------
Class Current Cumulative
Unpaid Interest Unpaid Interest
Shortfall Shortfall
--------------------------------------------------------
A-1 0.00 0.00
A-2 0.00 0.00
B 0.00 0.00
C 0.00 0.00
D 0.00 0.00
E 0.00 0.00
F 0.00 0.00
G 0.00 0.00
H 0.00 0.00
I 0.00 0.00
J 3,584.36 26,084.80
X 0.00 0.00
--------------------------------------------------------
SECTION 4.02 (a)(xx) Distribution to Residual Certificates 0.00
(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
- --------------------------------------------------------------------------------
<PAGE>
Page 1
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998-1
Statement to Certificateholders
January 18 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 132,600,000.00 118,517,577.72 1,021,172.45 626,167.87 1,647,340.32 0 0 117,496,405.27
A2 464,448,593.00 464,448,593.00 0 2,538,985.64 2,538,985.64 0 0 464,448,593.00
B 32,714,991.00 32,714,991.00 0 178,841.95 178,841.95 0 0 32,714,991.00
C 49,072,487.00 49,072,487.00 0 268,262.93 268,262.93 0 0 49,072,487.00
D 44,983,113.00 44,983,113.00 0 245,907.68 245,907.68 0 0 44,983,113.00
E 12,268,122.00 12,268,122.00 0 67,065.73 67,065.73 0 0 12,268,122.00
F 36,804,365.00 36,804,365.00 0 201,197.20 201,197.20 0 0 36,804,365.00
G 8,178,748.00 8,178,748.00 0 44,710.49 44,710.49 0 0 8,178,748.00
H 18,402,183.00 18,402,183.00 0 97,224.87 97,224.87 0 0 18,402,183.00
I 4,089,374.00 4,089,374.00 0 21,605.53 21,605.53 0 0 4,089,374.00
J 14,312,809.00 14,312,809.00 0 75,619.34 75,619.34 0 0 14,312,809.00
R 0 0 0 0 0 0 0 0
TOTALS 817,874,785.00 803,792,362.72 1,021,172.45 4,365,589.23 5,386,761.68 0 0 802,771,190.27
X 817,874,785.00 803,792,362.72 0 553,033.37 1,574,205.82 0 0 802,771,190.27
</TABLE>
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505BX9 893.7977204 7.7011497 4.7222313 12.423381 886.09657 A1 6.34%
A2 161505BY7 1,000.00 0 5.46666666 5.46666666 1,000.00 A2 6.56%
B 161505CB6 1,000.00 0 5.46666664 5.46666664 1,000.00 B 6.56%
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998-1
Statement to Certificateholders
January 18 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
C 161505CC4 1,000.00 0 5.46666669 5.46666669 1,000.00 C 6.56%
D 161505CD2 1,000.00 0 5.46666657 5.46666657 1,000.00 D 6.56%
E 161505CE0 1,000.00 0 5.46666637 5.46666637 1,000.00 E 6.56%
F 161505CF7 1,000.00 0 5.46666679 5.46666679 1,000.00 F 6.56%
G 161505CG5 1,000.00 0 5.46666678 5.46666678 1,000.00 G 6.56%
H 161505CH3 1,000.00 0 5.2833335 5.2833335 1,000.00 H 6.34%
I 161505CJ9 1,000.00 0 5.28333432 5.28333432 1,000.00 I 6.34%
J 161505CK6 1,000.00 0 5.28333327 5.28333327 1,000.00 J 6.34%
TOTALS 982.7816892 1.2485682 5.33772322 6.58629142 981.53312
X 982.7816892 0 0.67618342 1.92475162 981.53312 X 0.83%
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Diane E Wallace
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-8583
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998-1
January 18 2000
Available Funds 5,939,795.04
Principal Distribution Amount 1,021,172.45
Scheduled Principal Distribution Amount 1,021,172.45
Unscheduled Principal Distribution Amount 0
Miscellaneous Trust Fund Expenses 0
Balance Information
Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group Totals
Principal
Period Number Balance Percentage
31-60 days 0 0 0.00%
61-90 days 0 0 0.00%
91+days 0 0 0.00%
Total 0 0 0.00%
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998-1
January 18 2000
Prepayment Penalties
Advance Summary
Principal & Interest Advances
Current Principal & Interest Advances 94,779.24
Outstanding Principal & Interest Advances 0
Reimbursement of Interest on any P&I Advances 0
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998-1
January 18 2000
Fee Summary
Servicing Fees 49,259.22
Trustee Fees 4,018.99
Special Servicer Fee 0
Workout Fee 0
Appraisal Reduction Amounts
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998-1
January 18 2000
Interest Detail
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
- --------------------------------------------------------------------------------
CHASE COMMERCIAL MORTGAGE SECURITIES CORP
COMMERCIAL MORTGAGE PASS-THROUGH
SERIES 1998-2
DISTRIBUTION STATEMENT
================================================================================
DISTRIBUTION DATE: 18-Jan-2000 PAGE # 1
RECORD DATE: 31-Dec-1999
<TABLE>
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Original Beginning Prepayment Collateral Support
Class Cusip# Certificate Certificate Principal Interest Penalties Deficit
Balance Balance Distribution Distribution (PP/YMC) (Allocation/Reimb)
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
A-1 161505CV2 198,800,000.00 185,060,151.44 1,220,073.65 929,156.18 0.00 0.00
A-2 161505CW0 720,598,732.00 720,598,732.00 0.00 3,837,188.25 0.00 0.00
B 161505CZ3 63,406,809.00 63,406,809.00 0.00 337,641.26 0.00 0.00
C 161505DA7 69,747,490.00 69,747,490.00 0.00 371,405.38 0.00 0.00
D 161505DB5 72,917,830.00 72,917,830.00 0.00 388,287.44 0.00 0.00
E 161505DC3 19,022,043.00 19,022,043.00 0.00 101,292.38 0.00 0.00
F 161505DD1 57,066,128.00 57,066,128.00 0.00 303,877.13 N/A 0.00
G 161505DE9 12,681,362.00 12,681,362.00 0.00 67,528.25 N/A 0.00
H 161505DF6 22,192,383.00 22,192,383.00 0.00 118,174.44 N/A 0.00
I 161505DG4 9,511,021.00 9,511,021.00 0.00 50,646.19 N/A 0.00
J 161505DH2 22,192,383.00 22,192,383.00 0.00 118,174.44 N/A 0.00
R N/A N/A N/A N/A 0.00 N/A N/A
LR N/A N/A N/A N/A 0.00 N/A N/A
- ------------------------------------------------------------------------------------------------------------------------------------
TOTALS 1,268,136,181.00 1,254,396,332.44 1,220,073.65 6,623,371.34 0.00 0.00
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
- --------------------------------
Total Ending
Distribution Principal
Balance
- --------------------------------
<S> <C>
2,149,229.83 183,840,077.79
3,837,188.25 720,598,732.00
337,641.26 63,406,809.00
371,405.38 69,747,490.00
388,287.44 72,917,830.00
101,292.38 19,022,043.00
303,877.13 57,066,128.00
67,528.25 12,681,362.00
118,174.44 22,192,383.00
50,646.19 9,511,021.00
118,174.44 22,192,383.00
0.00 N/A
0.00 N/A
- --------------------------------
7,843,444.99 1,253,176,258.79
- --------------------------------
<CAPTION>
- ------------------------------------------------------------------------------------------------------------------------------------
Original Beginning Prepayment Total Ending
Class Cusip# Notional Notional Interest Penalties Distribution Notional
Balance Balance Distribution (PP/YMC) Balance
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
X 161505CY6 1,268,136,181.00 1,254,396,332.44 795,827.72 0.00 795,827.72 1,253,176,258.79
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
<CAPTION>
FACTOR INFORMATION PER $1,000
- ---------------------------------------------------------------------------------------------
Principal Interest End. Principal Pass Through
Class Cusip# Distribution Distribution Balance Rate
- ---------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
A-1 161505CV2 6.13719140 4.67382384 924.74888224 0.06025000
A-2 161505CW0 0.00000000 5.32500000 1000.00000000 0.06390000
B 161505CZ3 0.00000000 5.32500003 1000.00000000 0.06390000
C 161505DA7 0.00000000 5.32499994 1000.00000000 0.06390000
D 161505DB5 0.00000000 5.32499993 1000.00000000 0.06390000
E 161505DC3 0.00000000 5.32500005 1000.00000000 0.06390000
F 161505DD1 0.00000000 5.32499997 1000.00000000 0.06390000
G 161505DE9 0.00000000 5.32499979 1000.00000000 0.06390000
H 161505DF6 0.00000000 5.32500002 1000.00000000 0.06390000
I 161505DG4 0.00000000 5.32500033 1000.00000000 0.06390000
J 161505DH2 0.00000000 5.32500002 1000.00000000 0.06390000
R N/A N/A N/A N/A N/A
LR N/A N/A N/A N/A N/A
- ---------------------------------------------------------------------------------------------
<CAPTION>
FACTOR INFORMATION PER $1,000
- ----------------------------------------------------------------------------------------------
Interest Ending Notional Current Pass Next Pass
Class Cusip# Distribution Balance Through Rate Through Rate
- ----------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
X 161505CY6 0.62755699 988.20322105 0.00761317 0.00593981
- ----------------------------------------------------------------------------------------------
</TABLE>
================================================================================
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Diane Wallace
CHASE MANHATTAN BANK - STRUCTURED FINANCE SERVICES
450 WEST 33RD STREET
NEW YORK, NEW YORK 10001
(212) 946-8583
GMAC COMMERCIAL MORTGAGE CORPORATION
SERVICER
(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
CHASE COMMERCIAL MORTGAGE SECURITIES CORP
COMMERCIAL MORTGAGE PASS-THROUGH
SERIES 1998-2
DISTRIBUTION STATEMENT
================================================================================
DISTRIBUTION DATE: 18-Jan-2000 PAGE # 2
RECORD DATE: 31-Dec-1999
SECTION 4.02 (a)(iii) P & I Advances 0.00
SECTION 4.02 (a)(iv) Servicing Compensation 64,966.65
SECTION 4.02 (a)(iv) Trustee Compensation 6,010.65
SECTION 4.02 (a)(iv) Special Servicing Compensation 0.00
SECTION 4.02 (a)(v) Aggregate Stated Principal Balance
--------------------------------------------------------------------
Beginning Balance Ending Balance
--------------------------------------------------------------------
Mortgage Loans 1,254,396,333.90 1,253,176,260.25
Reo Loans Outstanding 0.00 0.00
--------------------------------------------------------------------
SECTION 4.02 (a)(vi) Aggregate Number of Mortgages Loans 98
Aggregate Mortgage Principal Balance 1,253,176,260.25
Weighted Average Remaining Term to Maturity 111.00
Weighted Average Mortgage Rate 6.98%
SECTION 4.02 (a)(vii) Loans Delinquent
--------------------------------------------------------------------
Aggr Principal
Period Number Balance
--------------------------------------------------------------------
1 Month 0 0.00
2 Months 0 0.00
3 Months or more 0 0.00
In Foreclosure 0 0.00
--------------------------------------------------------------------
SECTION 4.02 (a)(viii) Appraisal Value of REO Property 0.00
SECTION 4.02 (a)(ix) Available Distribution Amount 8,639,272.71
SECTION 4.02 (a)(x) Accrued Certificate Interest
--------------------------------------------------------------------
Class Accrued Cert Cert Deferred
Interest Interest
--------------------------------------------------------------------
A-1 929,156.18 0.00
A-2 3,837,188.25 0.00
B 337,641.26 0.00
C 371,405.38 0.00
D 388,287.44 0.00
E 101,292.38 0.00
F 303,877.13 0.00
G 67,528.25 0.00
H 118,174.44 0.00
I 50,646.19 0.00
J 118,174.44 0.00
X 795,827.72 0.00
--------------------------------------------------------------------
SECTION 4.02 (a)(xiii) Scheduled Principal Distribution Amount 1,211,740.31
SECTION 4.02 (a)(xiii) Unscheduled Principal Distribution Amount 8,333.34
SECTION 4.02 (a)(xvi) Appraisal Reduction Amounts
--------------------------------------------------------------------
Appraisal Reduct Appraisal
Loan Number Effect Reduct Amt
--------------------------------------------------------------------
--------------------------------------------------------------------
SECTION 4.02 (a)(xvii) Number of Loans Extended or Modified 0.00
SECTION 4.02 (a)(xvii) Stated Principal Balance of Mortgage
Loans Extended or Modified 0.00
SECTION 4.02 (a)(xviii) Class Unpaid Interest Shortfall
--------------------------------------------------------------------
Class Current Unpaid Cumulative Unpaid
Interest Shortfall Interest Shortfall
--------------------------------------------------------------------
A-1 0.00 0.00
A-2 0.00 0.00
B 0.00 0.00
C 0.00 0.00
D 0.00 0.00
E 0.00 0.00
F 0.00 0.00
G 0.00 0.00
H 0.00 0.00
I 0.00 0.00
J 0.00 0.00
X 0.00 0.00
--------------------------------------------------------------------
SECTION 4.02 (a)(xx) Distribution to Residual Certificates 0.00
(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
- --------------------------------------------------------------------------------
<PAGE>
Page 1
Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through
Certificates Series 1999-2
Statement to Certificateholders
January 18 2000
<TABLE>
<CAPTION>
DISTRIBUTION IN DOLLARS
ORIGINAL PRIOR CURRENT
FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL
CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSES INTEREST BALANCE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 105,920,000.00 105,351,366.96 405,593.63 617,359.01 1,022,952.64 0 0 104,945,773.33
A2 469,330,397.00 469,330,397.00 0 2,815,200.16 2,815,200.16 0 0 469,330,397.00
B 41,089,314.00 41,089,314.00 0 251,432.36 251,432.36 0 0 41,089,314.00
C 37,176,046.00 37,176,046.00 0 232,938.91 232,938.91 0 0 37,176,046.00
D 11,739,804.00 11,739,804.00 0 75,663.04 75,663.04 0 0 11,739,804.00
E 27,392,876.00 27,392,876.00 0 176,547.09 176,547.09 0 0 27,392,876.00
F 11,739,804.00 11,739,804.00 0 75,663.04 75,663.04 0 0 11,739,804.00
G 27,392,876.00 27,392,876.00 0 148,378.08 148,378.08 0 0 27,392,876.00
H 7,826,536.00 7,826,536.00 0 42,393.74 42,393.74 0 0 7,826,536.00
I 6,848,219.00 6,848,219.00 0 37,094.52 37,094.52 0 0 6,848,219.00
J 8,804,853.00 8,804,853.00 0 47,692.95 47,692.95 0 0 8,804,853.00
K 6,848,219.00 6,848,219.00 0 37,094.52 37,094.52 0 0 6,848,219.00
L 5,869,902.00 5,869,902.00 0 31,795.30 31,795.30 0 0 5,869,902.00
M 14,674,755.00 14,674,755.00 0 79,477.96 79,477.96 0 0 14,674,755.00
R 0 0 0 0 0 0 0 0
S 0 0 0 0 0 0 0 0
TOTALS 782,653,601.00 782,084,967.96 405,593.63 4,668,730.68 5,074,324.31 0 0 781,679,374.33
X 782,653,601.00 782,084,967.96 0 764,229.70 1,169,823.33 0 0 781,679,374.33
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A1 161505DJ8 994.6314857 3.829245 5.8285405 9.6577855 990.80224 A1 7.03%
</TABLE>
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 2
Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through
Certificates Series 1999-2
Statement to Certificateholders
January 18 2000
<TABLE>
<CAPTION>
FACTOR INFORMATION PER $1000 OF ORIGINAL FACE PASS-THROUGH RATES
PRIOR CURRENT CURRENT
PRINCIPAL PRINCIPAL CLASS PASS THRU
CLASS CUSIP FACTOR PRINCIPAL INTEREST TOTAL FACTOR RATE
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A2 161505DK5 1,000.00 0 5.99833332 5.99833332 1,000.00 A2 7.20%
B 161505DM1 1,000.00 0 6.11916665 6.11916665 1,000.00 B 7.34%
C 161505DN9 1,000.00 0 6.26583338 6.26583338 1,000.00 C 7.52%
D 161505DP4 1,000.00 0 6.44500027 6.44500027 1,000.00 D 7.73%
E 161505DQ2 1,000.00 0 6.44500015 6.44500015 1,000.00 E 7.73%
F 161505DR0 1,000.00 0 6.44500027 6.44500027 1,000.00 F 7.73%
G 161505DS8 1,000.00 0 5.41666673 5.41666673 1,000.00 G 6.50%
H 161505DT6 1,000.00 0 5.41666709 5.41666709 1,000.00 H 6.50%
I 161505DU3 1,000.00 0 5.41666673 5.41666673 1,000.00 I 6.50%
J 161505DV1 1,000.00 0 5.41666624 5.41666624 1,000.00 J 6.50%
K 161505DW9 1,000.00 0 5.41666673 5.41666673 1,000.00 K 6.50%
L 161505DX7 1,000.00 0 5.41666624 5.41666624 1,000.00 L 6.50%
M 161505DY5 1,000.00 0 5.41596504 5.41596504 1,000.00 M 6.50%
TOTALS 999.273455 0.51822879 5.96525803 6.48348682 998.7552262
X 161505DL3 999.273455 0 0.9764597 1.49468849 998.7552262 X 1.17%
</TABLE>
IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Diane E Wallace
The Chase Manhattan Bank - Structured Finance Services
450 W. 33rd Street, 14th Floor,
New York, New York 10001
Tel: (212) 946-8583
Email: [email protected]
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 3
Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through
Certificates Series 1999-2
January 18 2000
Available Funds 5,838,554.00
Principal Distribution Amount 405,593.63
Scheduled Principal Distribution Amount 405,593.63
Unscheduled Principal Distribution Amount 0
Miscellaneous Trust Fund Expenses 0
Balance Information
Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
Group Totals
Principal
Period Number Balance Percentage
31-60 days 0 0 0.00%
61-90 days 0 0 0.00%
91+days 0 0 0.00%
Total 0 0 0.00%
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 4
Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through
Certificates Series 1999-2
January 18 2000
Prepayment Penalties
Advance Summary
Principal & Interest Advances
Current Principal & Interest Advances 26,293.13
Outstanding Principal & Interest Advances 26,293.13
Reimbursement of Interest on any P&I Advances 0
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 5
Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through
Certificates Series 1999-2
January 18 2000
Fee Summary
Servicing Fees 40,303.64
Trustee Fees 1,042.78
Special Servicer Fee 0
Workout Fee 0
Appraisal Reduction Amounts
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
<PAGE>
Page 6
Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through
Certificates Series 1999-2
January 18 2000
Interest Detail
(C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION
