CHASE COMMERCIAL MORTGAGE SECURITIES CORP
8-K, 2000-04-05
ASSET-BACKED SECURITIES
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<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: March 20, 2000

                   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 3/20/2000, 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 March 20, 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:  April 5, 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 March 20, 2000.





<PAGE>



                                                                          Page 1
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Cert. Series 1996-1

                         Statement to Certificateholders
                                  March 20 2000

<TABLE>
<CAPTION>
     DISTRIBUTION IN DOLLARS
           ORIGINAL           PRIOR                                                                                        CURRENT
            FACE              PRINCIPAL                                                       REALIZED    DEFERRED         PRINCIPAL
   CLASS    VALUE             BALANCE            PRINCIPAL        INTEREST         TOTAL       LOSSES     INTEREST          BALANCE
<S>         <C>               <C>               <C>              <C>           <C>             <C>        <C>         <C>
A1          190,000,000.00    136,405,975.11    483,152.19       863,904.51    1,347,056.70    0.00       0.00        135,922,822.92
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        636,527.05      1,058.92             0.00        1,058.92    0.00       0.00            635,468.13
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        68,564.87       68,564.87    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    388,769,407.26    484,211.110    2,457,904.88    2,942,115.99    0.00       0.00        388,285,196.15

X           443,159,377.53    388,769,409.80          0.00       276,248.20      760,459.31    0.00       0.00        388,285,198.69
</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       161505AA0        717.92618479      2.54290626      4.54686584      7.08977211       715.38327853   A1           7.600000%
A2       161505AB8      1,000.00000000       .00000000      6.33333337      6.33333337     1,000.00000000   A2           7.600000%
P        161505AC6        520.82393054       .86643745       .00000000       .86643745       519.95749308   P             .000000%
B        161505AE2      1,000.00000000       .00000000      6.33333350      6.33333350     1,000.00000000   B            7.600000%
C        161505AF9      1,000.00000000       .00000000      6.33333317      6.33333317     1,000.00000000   C            7.600000%
</TABLE>
                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 2
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Cert. Series 1996-1

                         Statement to Certificateholders
                                  March 20 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>
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      6.18873265      6.18873265       981.01667987   H           7.600000%
TOTALS                    877.26770366      1.09263425      5.54632265      6.63895690       876.17506941

X        161505AD4        877.26770438       .00000000       .62336084      1.71599508       876.17507014   X            .852685%
</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 Cert. Series 1996-1

                                  March 20 2000

<TABLE>
<CAPTION>
<S>                                                                                          <C>
Available Distribution Amount                                                                3,218,364.18
Scheduled Principal Distribution Amount                                                        484,211.11
Unscheduled Principal Distribution Amount                                                            0.00

                               Balance Information

Weighted Average Remaining Term to Maturity of Mortgage Loans Outstanding                           70.00
Weighted Average Mortgage Rate of Mortgage Loans Outstanding                                       8.57%

                                Loans Delinquent

             Group Totals
                                                 Principal
             Period            Number              Balance         Percentage
            31-60 days             0                    .00              .00%
            61-90 days             0                    .00              .00%
            91+days                2          16,773,849.62             4.32%
             Total                 2.00       16,773,849.62             4.32%

Aggregate Appraised Value of REO Properties                                                          0.00
Yield Maintenance Charges/Prepayment Premiums                                                           0
</TABLE>




                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 4
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Cert. Series 1996-1

                                  March 20 2000
                                 Advance Summary
<TABLE>
<S>                                                                                                    <C>
Master Servicer P&I Advances Made                                                                      182,110.08
Master Servicer Unreimbursed P&I Advances Outstanding                                                  737,436.28
Interest Accrued & Payable to Master Servicer in Respect of Advances Made                                    0.00
Interest Paid to Servicer in Respect of Advances Made                                                        0.00

Current Period Accrued Servicing Fees                                                                   43,181.97

           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
</TABLE>







                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 5
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Cert. Series 1996-1

                                  March 20 2000
Interest Detail

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 6




* Class A-1 & Class X total interest distribution include yield maintenance
charge reallocation from April, 1999. Please refer to Class A-1 Yield
Maintenance Charge Receipts and Class X Yield Maintenance Charge Receipt on
page 4.




                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 1
Chase Commercial Mtg. Securities Corp. Series 1996-2

                         Statement to Certificateholders
                                  March 20 2000
<TABLE>
<CAPTION>
     DISTRIBUTION IN DOLLARS
           ORIGINAL            PRIOR                                                                                        CURRENT
            FACE              PRINCIPAL                                                       REALIZED    DEFERRED         PRINCIPAL
   CLASS    VALUE             BALANCE            PRINCIPAL        INTEREST         TOTAL       LOSSES     INTEREST          BALANCE
<S>         <C>               <C>               <C>              <C>           <C>             <C>        <C>         <C>
A1           53,977,671.00     38,801,795.03    232,458.29         216,643.36    449,101.65    0.00       0.00         38,569,336.74
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          31,605.27     31,605.27    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    246,778,287.03    232,458.290      1,406,457.55  1,638,915.84    0.00       0.00        246,545,828.74

X           261,954,164.00    246,778,288.68          0.00         303,104.39    535,562.68       0.00       0.00     246,545,830.39
</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       161505AN2        718.84900388      4.30656391      4.01357369      8.32013760       714.54243997   A1          6.700000%
A2       161505AP7      1,000.00000000       .00000000      5.74999997      5.74999997     1,000.00000000   A2          6.900000%
B        161505AQ5      1,000.00000000       .00000000      5.74999996      5.74999996     1,000.00000000   B           6.900000%
C        161505AR3      1,000.00000000       .00000000      5.75000016      5.75000016     1,000.00000000   C           6.900000%
D        161505AS1      1,000.00000000       .00000000      5.74999992      5.74999992     1,000.00000000   D           6.900000%
E        161505AT9      1,000.00000000       .00000000      5.75000052      5.75000052     1,000.00000000   E           6.900000%
F        161505AV4      1,000.00000000       .00000000      5.74999992      5.74999992     1,000.00000000   F           6.900000%
</TABLE>
                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 2
Chase Commercial Mtg. Securities Corp. Series 1996-2

                         Statement to Certificateholders
                                  March 20 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>
G        161505AW2      1,000.00000000      .00000000       5.75000033      5.75000033     1,000.00000000   G           6.900000%
H        161505AX0      1,000.00000000      .00000000       4.82607644      4.82607644     1,000.00000000   H           6.900000%
TOTALS                    942.06667382      .88740063       5.36909791      6.25649855       941.17927318

X        161505AU6        942.06667652      .00000000       1.15708941      2.04449004       941.17927589   X           1.473895%
</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 Mtg. Securities Corp. Series 1996-2

                                  March 20 2000

<TABLE>
<S>                                                                                              <C>
Next Month Pass-Through Rate for Class X                                                         1.47376635%
Available Distribution Amount                                                                    1,942,020.22
Scheduled Principal Distribution Amount                                                            232,458.29
Unscheduled Principal Distribution Amount                                                                0.00

                               Balance Information

Weighted Average Remaining Term to Maturity of Mortgage Loans Outstanding                               70.00
Weighted Average Mortgage Rate of Mortgage Loans Outstanding                                           8.45%

                                Loans Delinquent

         Group Totals
                                      Principal
         Period          Number         Balance      Percentage
        31-60 days          0               .00           .00%
        61-90 days          0               .00           .00%
        91+days             0               .00           .00%
         Total               .00            .00           .00%

Aggregate Appraised Value of REO Properties                                                              0.00
Yield Maintenance Charges/Prepayment Premiums                                                               0
</TABLE>



                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 4
Chase Commercial Mtg. Securities Corp. Series 1996-2

                                  March 20 2000
                                 Advance Summary
<TABLE>
<S>                                                                                                            <C>
Master Servicer P&I Advances Made                                                                               26,527.83
Master Servicer Unreimbursed P&I Advances Outstanding                                                          339,083.18
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                                                                 1,768.58
                            Current Period Accrued Servicing Fees                                               20,381.53
                            Current Period Sprecial Servicing Fees                                                 533.74

                            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
</TABLE>




                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 5
Chase Commercial Mtg. Securities Corp. Series 1996-2

                                  March 20 2000

Interest Detail

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>






                                                                          Page 1
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-1

                         Statement to Certificateholders
                                  March 20 2000
<TABLE>
<CAPTION>
     DISTRIBUTION IN DOLLARS
           ORIGINAL            PRIOR                                                                                        CURRENT
            FACE              PRINCIPAL                                                       REALIZED    DEFERRED         PRINCIPAL
   CLASS    VALUE             BALANCE            PRINCIPAL        INTEREST         TOTAL       LOSSES     INTEREST          BALANCE
<S>         <C>               <C>               <C>              <C>           <C>             <C>        <C>         <C>
A1          100,600,000.00     51,806,575.53    633,521.75         313,861.50    947,383.25    0.00       0.00         51,173,053.78
A2          283,717,991.00    283,717,991.00          0.00       1,742,501.33  1,742,501.33    0.00       0.00        283,717,991.00
B            26,688,749.00     26,688,749.00          0.00         163,913.40    163,913.40    0.00       0.00         26,688,749.00
C            26,688,749.00     26,688,749.00          0.00         163,913.40    163,913.40    0.00       0.00         26,688,749.00
D            29,357,624.00     29,357,624.00          0.00         180,304.74    180,304.74    0.00       0.00         29,357,624.00
E            10,675,500.00     10,675,500.00          0.00          65,565.36     65,565.36    0.00       0.00         10,675,500.00
F            29,357,624.00     29,357,624.00          0.00         180,304.74    180,304.74    0.00       0.00         29,357,624.00
G             5,337,750.00      5,337,750.00          0.00          32,782.68     32,782.68    0.00       0.00          5,337,750.00
H             8,006,625.00      8,006,625.00          0.00          49,174.02     49,174.02    0.00       0.00          8,006,625.00
I            13,344,374.00     13,344,374.00          0.00          81,847.56     81,847.56    0.00       0.00         13,344,374.00
R                     0.00              0.00          0.00               0.00          0.00    0.00       0.00                  0.00
TOTALS      533,774,986.00    484,981,561.53    633,521.750      2,974,168.73  3,607,690.48    0.00       0.00        484,348,039.78

A1COMP      100,600,000.00     51,806,575.53          0.00           4,317.21    637,838.96    0.00       0.00         51,173,053.78
WACCOMP     533,774,986.00    484,981,560.80          0.00         578,314.99  1,211,836.74    0.00       0.00        484,348,039.05
X           533,774,986.00    484,981,561.53          0.00         582,632.21  1,216,153.96    0.00       0.00        484,348,039.78
</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       161505AY8        514.97589990      6.29743290      3.11989563      9.41732853       508.67846700   A1          7.270000%
A2       161505AZ5      1,000.00000000       .00000000      6.14166667      6.14166667     1,000.00000000   A2          7.370000%
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 2
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-1

                         Statement to Certificateholders
                                  March 20 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>
B        161505BB7      1,000.00000000       .00000000      6.14166666      6.14166666     1,000.00000000   B           7.370000%
C        161505BC5      1,000.00000000       .00000000      6.14166666      6.14166666     1,000.00000000   C           7.370000%
D        161505BD3      1,000.00000000       .00000000      6.14166664      6.14166664     1,000.00000000   D           7.370000%
E        161505BE1      1,000.00000000       .00000000      6.14166643      6.14166643     1,000.00000000   E           7.370000%
F        161505BF8      1,000.00000000       .00000000      6.14166664      6.14166664     1,000.00000000   F           7.370000%
G        161505BG6      1,000.00000000       .00000000      6.14166643      6.14166643     1,000.00000000   G           7.370000%
H        161505BH4      1,000.00000000       .00000000      6.14166643      6.14166643     1,000.00000000   H           7.370000%
I        161505BJ0      1,000.00000000       .00000000      6.13348817      6.13348817     1,000.00000000   I           7.370000%
TOTALS                    908.58802726      1.18687044      5.57195224      6.75882268       907.40115682

A1COMP   COMPONENT        514.97589990       .00000000       .04291461      6.34034751       508.67846700   A1COMP       .100000%
WACCOMP  COMPONENT        908.58802589       .00000000      1.08344341      2.27031384       907.40115546   WACCOMP     1.430937%
X        161505BA9        908.58802726       .00000000      1.09153150      2.27840193       907.40115682   X           1.441619%
</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 1997-1

                                  March 20 2000
<TABLE>
<S>                                                                                                         <C>
Available Funds                                                                                             4,190,322.70
Principal Distribution Amount                                                                                 633,521.75
Default Interest                                                                                                    0.00
Excess Interest                                                                                                     0.00
Extraordinary Trust Fund Expenses                                                                                   0.00

Interest Reserve Account
Beginning Balance                                                                                                    N/A
  Deposits                                                                                                           N/A
  Withdrawals                                                                                                        N/A
Ending Balance                                                                                                       N/A

Balance Information

Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
           Group Totals
                                             Principal
           Period            Number            Balance         Percentage
          31-60 days             0                  .00              .00%
          61-90 days             0                  .00              .00%
          91+days                0                  .00              .00%
           Total                  .00               .00              .00%
</TABLE>



                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 4
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates

Series 1997-1
                                  March 20 2000
Prepayment Penalties

Advance Summary
Principal & Interest Advances
Current Principal & Interest Advances                                 63,767.36
Outstanding Principal & Interest Advances                             63,767.36




                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 5
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates

Series 1997-1

                                  March 20 2000
Fee Summary
Master Servicing Fees                                                 26,850.53
Sub-Servicing Fees                                                    12,722.26
Trustee Fees                                                           2,586.57
Special Servicer Fee                                                       0.00


Appraisal Reduction Amounts

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 6
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-1

                                  March 20 2000
  Interest Detail

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 1
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates

Series 1997-2
                         Statement to Certificateholders
                                  March 20 2000
<TABLE>
<CAPTION>
     DISTRIBUTION IN DOLLARS
           ORIGINAL            PRIOR                                                                                        CURRENT
            FACE              PRINCIPAL                                                       REALIZED    DEFERRED         PRINCIPAL
   CLASS    VALUE             BALANCE            PRINCIPAL        INTEREST         TOTAL       LOSSES     INTEREST          BALANCE
<S>         <C>               <C>               <C>              <C>           <C>             <C>        <C>         <C>
A1          196,000,000.00    161,057,163.03    934,465.39         865,682.25   1,800,147.64   0.00       0.00        160,122,697.64
A2          390,074,509.00    390,074,509.00          0.00       2,145,409.80   2,145,409.80   0.00       0.00        390,074,509.00
B            32,559,695.00     32,559,695.00          0.00         179,078.32     179,078.32   0.00       0.00         32,559,695.00
C            48,839,542.00     48,839,542.00          0.00         268,617.48     268,617.48   0.00       0.00         48,839,542.00
D            44,769,581.00     44,769,581.00          0.00         246,232.70     246,232.70   0.00       0.00         44,769,581.00
E            12,209,885.00     12,209,885.00          0.00          67,154.37      67,154.37   0.00       0.00         12,209,885.00
F            48,839,542.00     48,839,542.00          0.00         268,617.48     268,617.48   0.00       0.00         48,839,542.00
G             6,104,943.00      6,104,943.00          0.00          33,577.19      33,577.19   0.00       0.00          6,104,943.00
H            12,209,886.00     12,209,886.00          0.00          67,154.37      67,154.37   0.00       0.00         12,209,886.00
I             8,139,924.00      8,139,924.00          0.00          44,769.58      44,769.58   0.00       0.00          8,139,924.00
J            14,244,866.00     14,244,866.00          0.00          64,260.32      64,260.32   0.00       0.00         14,244,866.00
R                     0.00              0.00          0.00               0.00           0.00   0.00       0.00                  0.00
TOTALS      813,992,373.00    779,049,536.03    934,465.390      4,250,553.86   5,185,019.25   0.00       0.00        778,115,070.64

X           813,992,373.00    779,049,536.03          0.00         909,325.66   1,843,791.05      0.00       0.00     778,115,070.64
A1COMP      196,000,000.00    161,057,163.03          0.00          20,132.15     954,597.54      0.00       0.00     160,122,697.64
WACCOMP     813,992,373.00    779,049,536.03          0.00         889,193.51   1,823,658.90      0.00       0.00     778,115,070.64
</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       161505BK7      821.72021954        4.76768056      4.41674617      9.18442673     816.95253898     A1          6.450000%
</TABLE>
                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 2
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-2

                         Statement to Certificateholders
                                  March 20 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       161505BL5      1,000.00000000       .00000000      5.50000000      5.50000000     1,000.00000000   A2          6.600000%
B        161505BN1      1,000.00000000       .00000000      5.49999992      5.49999992     1,000.00000000   B           6.600000%
C        161505BP6      1,000.00000000       .00000000      5.49999998      5.49999998     1,000.00000000   C           6.600000%
D        161505BQ4      1,000.00000000       .00000000      5.50000010      5.50000010     1,000.00000000   D           6.600000%
E        161505BR2      1,000.00000000       .00000000      5.50000020      5.50000020     1,000.00000000   E           6.600000%
F        161505BS0      1,000.00000000       .00000000      5.49999998      5.49999998     1,000.00000000   F           6.600000%
G        161505BT8      1,000.00000000       .00000000      5.50000057      5.50000057     1,000.00000000   G           6.600000%
H        161505BU5      1,000.00000000       .00000000      5.49999975      5.49999975     1,000.00000000   H           6.600000%
I        161505BV3      1,000.00000000       .00000000      5.49999975      5.49999975     1,000.00000000   I           6.600000%
J        161505BW1      1,000.00000000       .00000000      4.51112141      4.51112141     1,000.00000000   J           6.600000%
TOTALS                    957.07227963      1.14800264      5.22185957      6.36986220       955.92427700

X        161505BM3        957.07227963       .00000000      1.11711816      2.26512079       955.92427700   X           1.400669%
A1COMP   Component        821.72021954       .00000000       .10271505      4.87039561       816.95253898   A1COMP       .150000%
WACCOMP  Component        957.07227963       .00000000      1.09238555      2.24038819       955.92427700   WACCOMP     1.369659%
</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 1997-2

                                  March 20 2000
<TABLE>
<S>                                                                                                   <C>
Available Funds                                                                                       6,094,344.91
Principal Distribution Amount                                                                           934,465.39
Scheduled Principal Distribution Amount                                                                 934,465.39
Unscheduled Principal Distribution Amount                                                                     0.00
Miscellaneous Trust Fund Expenses                                                                             0.00

Interest Reserve Account
Beginning Balance                                                                                         5,183.17
  Deposits                                                                                                    0.00
  Withdrawals                                                                                             5,183.17
Ending Balance                                                                                                0.00
</TABLE>

Balance Information

Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
          Group Totals
                                             Principal
          Period             Number            Balance          Percentage
         31-60 days              0                  .00               .00%
         61-90 days              0                  .00               .00%
         91+days                 0                  .00               .00%
          Total                   .00               .00               .00%





                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 4
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-2

                                  March 20 2000
Prepayment Penalties

Advance Summary
Principal & Interest Advances
Current Principal & Interest Advances                                 527,512.92
Outstanding Principal & Interest Advances                           1,311,780.57
Reimbursement of Interest on any P&I Advances                          11,052.03




                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 5
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-2

                                  March 20 2000
Fee Summary
Servicing Fees                                                        60,400.98
Trustee Fees                                                           3,732.99
Special Servicer Fee                                                       0.00
Workout Fee                                                                0.00


Appraisal Reduction Amounts

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 6
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1997-2

                                  March 20 2000
Interest Detail

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 1
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998-1

                         Statement to Certificateholders
                                  March 20 2000
<TABLE>
<CAPTION>
     DISTRIBUTION IN DOLLARS
           ORIGINAL            PRIOR                                                                                        CURRENT
            FACE              PRINCIPAL                                                       REALIZED    DEFERRED         PRINCIPAL
   CLASS    VALUE             BALANCE            PRINCIPAL        INTEREST         TOTAL       LOSSES     INTEREST          BALANCE
<S>        <C>                <C>               <C>              <C>           <C>            <C>         <C>         <C>
A1          132,600,000.00    116,741,107.84    886,635.70         616,782.19  1,503,417.89    0.00       0.00        115,854,472.14
A2          464,448,593.00    464,448,593.00          0.00       2,538,985.64  2,538,985.64    0.00       0.00        464,448,593.00
B            32,714,991.00     32,714,991.00          0.00         178,841.95    178,841.95    0.00       0.00         32,714,991.00
C            49,072,487.00     49,072,487.00          0.00         268,262.93    268,262.93    0.00       0.00         49,072,487.00
D            44,983,113.00     44,983,113.00          0.00         245,907.68    245,907.68    0.00       0.00         44,983,113.00
E            12,268,122.00     12,268,122.00          0.00          67,065.73     67,065.73    0.00       0.00         12,268,122.00
F            36,804,365.00     36,804,365.00          0.00         201,197.20    201,197.20    0.00       0.00         36,804,365.00
G             8,178,748.00      8,178,748.00          0.00          44,710.49     44,710.49    0.00       0.00          8,178,748.00
H            18,402,183.00     18,402,183.00          0.00          97,224.87     97,224.87    0.00       0.00         18,402,183.00
I             4,089,374.00      4,089,374.00          0.00          21,605.53     21,605.53    0.00       0.00          4,089,374.00
J            14,312,809.00     14,312,809.00          0.00          74,029.02     74,029.02    0.00       0.00         14,312,809.00
R                     0.00              0.00          0.00               0.00          0.00    0.00       0.00                  0.00
TOTALS      817,874,785.00    802,015,892.84    886,635.700      4,354,613.23  5,241,248.93    0.00       0.00        801,129,257.14

X           817,874,785.00    802,015,892.84          0.00         450,635.56  1,337,271.26       0.00       0.00     801,129,257.14
</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        880.40051161      6.68654374      4.65144940      11.33799314      873.71396787   A1          6.340000%
A2       161505BY7      1,000.00000000       .00000000      5.46666666       5.46666666    1,000.00000000   A2          6.560000%
B        161505CB6      1,000.00000000       .00000000      5.46666664       5.46666664    1,000.00000000   B           6.560000%
</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
                                  March 20 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      1,000.00000000       .00000000      5.46666669      5.46666669     1,000.00000000   C           6.560000%
D        161505CD2      1,000.00000000       .00000000      5.46666657      5.46666657     1,000.00000000   D           6.560000%
E        161505CE0      1,000.00000000       .00000000      5.46666637      5.46666637     1,000.00000000   E           6.560000%
F        161505CF7      1,000.00000000       .00000000      5.46666679      5.46666679     1,000.00000000   F           6.560000%
G        161505CG5      1,000.00000000       .00000000      5.46666678      5.46666678     1,000.00000000   G           6.560000%
H        161505CH3      1,000.00000000       .00000000      5.28333350      5.28333350     1,000.00000000   H           6.340000%
I        161505CJ9      1,000.00000000       .00000000      5.28333432      5.28333432     1,000.00000000   I           6.340000%
J        161505CK6      1,000.00000000       .00000000      5.17222161      5.17222161     1,000.00000000   J           6.340000%
TOTALS                    980.60963310      1.08407267      5.32430307      6.40837574       979.52556043

X                         980.60963310       .00000000       .55098356      1.63505623       979.52556043   X            .674254%
</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
                                  March 20 2000
<TABLE>
<S>                                                                                                   <C>
Available Funds                                                                                       5,691,884.49
Principal Distribution Amount                                                                           886,635.70
Scheduled Principal Distribution Amount                                                                 886,635.70
Unscheduled Principal Distribution Amount                                                                     0.00
Miscellaneous Trust Fund Expenses                                                                             0.00


Interest Reserve Account

Deposits                                                                                                      0.00
Withdrawals                                                                                              47,435.67
</TABLE>

Balance Information

Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
             Group Totals
                                                 Principal
             Period            Number              Balance        Percentage
            31-60 days            1           7,623,389.04             .95%
            61-90 days            0                    .00             .00%
            91+days               0                    .00             .00%
             Total                1.00        7,623,389.04             .95%







                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 4
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates

Series 1998-1

                                  March 20 2000
Prepayment Penalties

Advance Summary
Principal & Interest Advances

Current Principal & Interest Advances                                  58,109.86
Outstanding Principal & Interest Advances                             174,327.45
Reimbursement of Interest on any P&I Advances                               0.00







                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 5
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates

Series 1998-1

                                  March 20 2000
Fee Summary

Servicing Fees                                                         49,145.92
Trustee Fees                                                            4,010.11
Special Servicer Fee                                                        0.00
Additional Special Servicing Compensation                               1,590.32
Workout Fee                                                                 0.00


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

                                  March 20 2000
Interest Detail

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>

                                                                          Page 1
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates,
Series 1998-2

                         Statement to Certificateholders
                                  March 20 2000
<TABLE>
<CAPTION>
     DISTRIBUTION IN DOLLARS
           ORIGINAL            PRIOR                                                                                        CURRENT
            FACE              PRINCIPAL                                                       REALIZED    DEFERRED         PRINCIPAL
   CLASS    VALUE             BALANCE            PRINCIPAL        INTEREST         TOTAL       LOSSES     INTEREST          BALANCE
<S>        <C>                <C>               <C>              <C>           <C>            <C>         <C>       <C>
A1            198,800,000.00    182,860,214.18  1,323,548.46       918,110.66  2,241,659.12    0.00       0.00        181,536,665.72
A2            720,598,732.00    720,598,732.00          0.00     3,837,188.25  3,837,188.25    0.00       0.00        720,598,732.00
B              63,406,809.00     63,406,809.00          0.00       337,641.26    337,641.26    0.00       0.00         63,406,809.00
C              69,747,490.00     69,747,490.00          0.00       371,405.38    371,405.38    0.00       0.00         69,747,490.00
D              72,917,830.00     72,917,830.00          0.00       388,287.44    388,287.44    0.00       0.00         72,917,830.00
E              19,022,043.00     19,022,043.00          0.00       101,292.38    101,292.38    0.00       0.00         19,022,043.00
F              57,066,128.00     57,066,128.00          0.00       303,877.13    303,877.13    0.00       0.00         57,066,128.00
G              12,681,362.00     12,681,362.00          0.00        67,528.25     67,528.25    0.00       0.00         12,681,362.00
H              22,192,383.00     22,192,383.00          0.00       118,174.44    118,174.44    0.00       0.00         22,192,383.00
I               9,511,021.00      9,511,021.00          0.00        50,646.19     50,646.19    0.00       0.00          9,511,021.00
J              22,192,383.00     22,192,383.00          0.00       118,174.44    118,174.44    0.00       0.00         22,192,383.00
R                       0.00              0.00          0.00             0.00          0.00    0.00       0.00                  0.00
TOTALS      1,268,136,181.00  1,252,196,395.18  1,323,548.460    6,612,325.82  7,935,874.28    0.00       0.00      1,250,872,846.72

X           1,268,136,181.00  1,252,196,395.18          0.00       509,042.49  1,832,590.95       0.00       0.00   1,250,872,846.72
</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       161505CV2        919.81999085      6.65768843      4.61826288      11.27595131      913.16230241   A1          6.025000%
A2       161505CW0      1,000.00000000       .00000000      5.32500000       5.32500000    1,000.00000000   A2          6.390000%
B        161505CZ3      1,000.00000000       .00000000      5.32500003       5.32500003    1,000.00000000   B           6.390000%
</TABLE>
                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 2
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates,
Series 1998-2

                         Statement to Certificateholders
                                  March 20 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        161505DA7      1,000.00000000       .00000000      5.32499994      5.32499994     1,000.00000000   C           6.390000%
D        161505DB5      1,000.00000000       .00000000      5.32499993      5.32499993     1,000.00000000   D           6.390000%
E        161505DC3      1,000.00000000       .00000000      5.32500005      5.32500005     1,000.00000000   E           6.390000%
F        161505DD1      1,000.00000000       .00000000      5.32499997      5.32499997     1,000.00000000   F           6.390000%
G        161505DE9      1,000.00000000       .00000000      5.32499979      5.32499979     1,000.00000000   G           6.390000%
H        161505DF6      1,000.00000000       .00000000      5.32500002      5.32500002     1,000.00000000   H           6.390000%
I        161505DG4      1,000.00000000       .00000000      5.32500033      5.32500033     1,000.00000000   I           6.390000%
J        161505DH2      1,000.00000000       .00000000      5.32500002      5.32500002     1,000.00000000   J           6.390000%
TOTALS                    987.43054093      1.04369584      5.21420800      6.25790384       986.38684509

X        161505CY6        987.43054093       .00000000       .40140996      1.44510580       986.38684509   X            .487824%
</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 1998-2

                                  March 20 2000
<TABLE>
<S>                                                                                                        <C>
Available Funds                                                                                            8,444,916.77
Principal Distribution Amount                                                                              1,323,548.46
Default Interest                                                                                                   0.00
Excess Interest                                                                                                    0.00
Extraordinary Trust Fund Expenses                                                                                  0.00

Interest Reserve Account

Beginning Balance                                                                                            105,542.35
  Deposits                                                                                                         0.00
  Withdrawals                                                                                                105,542.35
Ending Balance                                                                                                     0.00
</TABLE>

Balance Information

Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
            Group Totals
                                              Principal
            Period             Number           Balance          Percentage
           31-60 days            0                 .00               .00%
           61-90 days            0                 .00               .00%
           91+days               0                 .00               .00%
            Total                 .00              .00               .00%





                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 4
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates,
Series 1998-2

                                  March 20 2000
Prepayment Penalties

Advance Summary
Principal & Interest Advances

Current Principal & Interest Advances                                  64,014.03
Outstanding Principal & Interest Advances                              64,014.03








                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 5
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates,
Series 1998-2

                                  March 20 2000
Fee Summary
Master Servicing Fees                                                  43,974.88
Sub-Servicing Fees                                                     20,869.95
Trustee Fees                                                            6,000.11
Special Servicer Fee                                                        0.00


Appraisal Reduction Amounts

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 6
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates,
Series 1998-2
                                  March 20 2000
Interest Detail

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 1
Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through
Certificates Series 1999-2

                         Statement to Certificateholders
                                  March 17 2000
<TABLE>
<CAPTION>
     DISTRIBUTION IN DOLLARS
           ORIGINAL            PRIOR                                                                                        CURRENT
            FACE              PRINCIPAL                                                       REALIZED    DEFERRED         PRINCIPAL
   CLASS    VALUE             BALANCE            PRINCIPAL        INTEREST         TOTAL       LOSSES     INTEREST          BALANCE
<S>        <C>                <C>               <C>              <C>           <C>            <C>        <C>        <C>
A1          105,920,000.00    104,537,340.81    756,208.14         612,588.82  1,368,796.96    0.00       0.00      103,781,132.67
A2          469,330,397.00    469,330,397.00          0.00       2,815,200.16  2,815,200.16    0.00       0.00      469,330,397.00
B            41,089,314.00     41,089,314.00          0.00         251,432.36    251,432.36    0.00       0.00       41,089,314.00
C            37,176,046.00     37,176,046.00          0.00         232,938.91    232,938.91    0.00       0.00       37,176,046.00
D            11,739,804.00     11,739,804.00          0.00          75,663.04     75,663.04    0.00       0.00       11,739,804.00
E            27,392,876.00     27,392,876.00          0.00         176,547.09    176,547.09    0.00       0.00       27,392,876.00
F            11,739,804.00     11,739,804.00          0.00          75,663.04     75,663.04    0.00       0.00       11,739,804.00
G            27,392,876.00     27,392,876.00          0.00         148,378.08    148,378.08    0.00       0.00       27,392,876.00
H             7,826,536.00      7,826,536.00          0.00          42,393.74     42,393.74    0.00       0.00        7,826,536.00
I             6,848,219.00      6,848,219.00          0.00          37,094.52     37,094.52    0.00       0.00        6,848,219.00
J             8,804,853.00      8,804,853.00          0.00          47,692.95     47,692.95    0.00       0.00        8,804,853.00
K             6,848,219.00      6,848,219.00          0.00          37,094.52     37,094.52    0.00       0.00        6,848,219.00
L             5,869,902.00      5,869,902.00          0.00          31,795.30     31,795.30    0.00       0.00        5,869,902.00
M            14,674,755.00     14,674,755.00          0.00          79,477.95     79,477.95    0.00       0.00       14,674,755.00
R                     0.00              0.00          0.00               0.00          0.00    0.00       0.00                0.00
S                     0.00              0.00          0.00               0.00          0.00    0.00       0.00                0.00
TOTALS      782,653,601.00    781,270,941.81    756,208.140      4,663,960.48  5,420,168.62    0.00       0.00      780,514,733.67

X           782,653,601.00    781,270,941.81          0.00         590,976.15  1,347,184.29       0.00       0.00   780,514,733.67
</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       161505DJ8      986.94619345        7.13942730      5.78350472      12.92293202    979.80676614     A1          7.032000%
</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
                                  March 17 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      1,000.00000000      .00000000       5.99833332      5.99833332     1,000.00000000   A2          7.198000%
B        161505DM1      1,000.00000000      .00000000       6.11916665      6.11916665     1,000.00000000   B           7.343000%
C        161505DN9      1,000.00000000      .00000000       6.26583338      6.26583338     1,000.00000000   C           7.519000%
D        161505DP4      1,000.00000000      .00000000       6.44500027      6.44500027     1,000.00000000   D           7.734000%
E        161505DQ2      1,000.00000000      .00000000       6.44500015      6.44500015     1,000.00000000   E           7.734000%
F        161505DR0      1,000.00000000      .00000000       6.44500027      6.44500027     1,000.00000000   F           7.734000%
G        161505DS8      1,000.00000000      .00000000       5.41666673      5.41666673     1,000.00000000   G           6.500000%
H        161505DT6      1,000.00000000      .00000000       5.41666709      5.41666709     1,000.00000000   H           6.500000%
I        161505DU3      1,000.00000000      .00000000       5.41666673      5.41666673     1,000.00000000   I           6.500000%
J        161505DV1      1,000.00000000      .00000000       5.41666624      5.41666624     1,000.00000000   J           6.500000%
K        161505DW9      1,000.00000000      .00000000       5.41666673      5.41666673     1,000.00000000   K           6.500000%
L        161505DX7      1,000.00000000      .00000000       5.41666624      5.41666624     1,000.00000000   L           6.500000%
M        161505DY5      1,000.00000000      .00000000       5.41596436      5.41596436     1,000.00000000   M           6.500000%
TOTALS                    998.23337018      .96621052       5.95916313      6.92537364       997.26715966

X        161505DL3        998.23337018      .00000000        .75509287      1.72130338       997.26715966   X            .907715%
</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

                                  March 17 2000
Available Funds                                                     6,011,144.77
Principal Distribution Amount                                         756,208.14
Scheduled Principal Distribution Amount                               756,208.14
Unscheduled Principal Distribution Amount                                   0.00
Miscellaneous Trust Fund Expenses                                           0.00

Interest Reserve Account

Deposits                                                                    0.00
Withdrawals                                                           172,547.79


Balance Information

Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
               Group Totals
                                                   Principal
               Period             Number             Balance        Percentage
              31-60 days              0                   .00             .00%
              61-90 days              0                   .00             .00%
              91+days                 0                   .00             .00%
               Total                   .00                .00             .00%



                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 4
Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through
Certificates Series 1999-2

                                  March 17 2000
Prepayment Penalties

Advance Summary
Principal & Interest Advances

Current Principal & Interest Advances                                  29,587.33
Outstanding Principal & Interest Advances                              29,587.33
Reimbursement of Interest on any P&I Advances                               0.00
Reimbursement of Interest on any T&I Advances                              10.30





                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION


<PAGE>


                                                                          Page 5
Chase Commercial Mortgage Securities Corp. Commercial Mortgage Pass-Through
Certificates Series 1999-2

                                  March 17 2000
Fee Summary

Servicing Fees                                                         40,261.66
Trustee Fees                                                            1,041.69
Special Servicer Fee                                                        0.00
Workout Fee                                                                 0.00


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

                                  March 17 2000
Interest Detail

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION




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