CHASE COMMERCIAL MORTGAGE SECURITIES CORP
8-K, 2000-04-28
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: April 18, 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 jurisdiction (Commission File Number)        (IRS Employer
of incorporation)                                          Identification No.)


                    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 4/18/2000, 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, Series 1999-2 and Series 2000-1 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 April 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:  April 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 April 18, 2000.


<PAGE>

                                                                          Page 1

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

                         Statement to Certificateholders
                                  April 18 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     135,922,822.92   4,563,458.02      860,844.55    5,424,302.57     0.00      0.00      131,359,364.90
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         635,468.13       1,065.23            0.00        1,065.23     0.00      0.00          634,402.90
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       61,247.48       61,247.48     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     388,285,196.15  4,564,523.250    2,447,527.53    7,012,050.78     0.00      0.00      383,720,672.90

X           443,159,377.53     388,285,198.69           0.00      275,891.96    4,840,415.21     0.00      0.00      383,720,675.44
</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     715.38327853   24.01820011   4.53076079   28.54896089     691.36507842     A1       7.600000%
A2      161505AB8   1,000.00000000     .00000000   6.33333337    6.33333337   1,000.00000000     A2       7.600000%
P       161505AC6     519.95749308     .87160047    .00000000     .87160047     519.08589261     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
                                  April 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>
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     5.52825783     5.52825783      981.01667987      H          7.600000%
TOTALS                    876.17506941     10.29995868     5.52290591    15.82286458      865.87511073

X         161505AD4       876.17507014       .00000000      .62255697    10.92251559      865.87511152      X           .852647%
</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

                                  April 18 2000

<TABLE>
<S>                                                                                                                    <C>
         Available Distribution Amount                                                                                 7,287,942.73
         Scheduled Principal Distribution Amount                                                                         487,681.30
         Unscheduled Principal Distribution Amount                                                                     4,076,841.95

                                                    Balance Information
         Weighted Average Remaining Term to Maturity of Mortgage Loans Outstanding                                            69.00
         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        16,757,918.38         4.37%
                                Total           2.00     16,757,918.38         4.37%

         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

                                  April 18 2000
                                 Advance Summary

<TABLE>
<S>                                                                                                                      <C>
         Master Servicer P&I Advances Made                                                                               138,836.47
         Master Servicer Unreimbursed P&I Advances Outstanding                                                           827,076.83
         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                                                                            44,524.48

                                 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

                                  April 18 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
                                  April 19 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    38,569,336.74    234,088.92    215,345.46    449,434.38     0.00       0.00    38,335,247.82
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     32,221.73     32,221.73     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   246,545,828.74    234,088.920 1,405,776.11  1,639,865.03     0.00       0.00   246,311,739.82

X                   261,954,164.00   246,545,830.39          0.00    302,792.46    302,792.46     0.00       0.00   246,311,741.47
</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           714.54243997    4.33677326  3.98952856   8.32630181    710.20566671    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%
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 2

Chase Commercial Mtg. Securities Corp. Series 1996-2

                         Statement to Certificateholders
                                  April 19 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   0.00000000   5.75000033  5.75000033  1,000.00000000     G        6.900000%
H               161505AX0    1,000.00000000   0.00000000   4.92020894  4.92020894  1,000.00000000     H        6.900000%
TOTALS                         941.17927318   0.89362550   5.36649654  6.26012204    940.28564768

X               161505AU6      941.17927589   0.00000000   1.15589863  1.15589863    940.28565039     X        1.473766%
</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

                                  April 19 2000

<TABLE>
<S>                                                                                                                    <C>
        Next Month Pass-Through Rate for Class X                                                                         1.47363640%
        Available Distribution Amount                                                                                  1,942,657.49
        Scheduled Principal Distribution Amount                                                                          234,088.92
        Unscheduled Principal Distribution Amount                                                                              0.00

                                                   Balance Information
        Weighted Average Remaining Term to Maturity of Mortgage Loans Outstanding                                             69.00
        Weighted Average Mortgage Rate of Mortgage Loans Outstanding                                                           8.45%

                                                   Loans Delinquent
                               Group Totals
                                                      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                                                                    3,500,000.00
        Yield Maintenance Charges/Prepayment Premiums                                                                             0
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 4

Chase Commercial Mtg. Securities Corp. Series 1996-2

                                  April 19 2000
                                 Advance Summary

<TABLE>
<S>                                                                                                                      <C>
        Master Servicer P&I Advances Made                                                                                 26,528.06
        Master Servicer Unreimbursed P&I Advances Outstanding                                                            360,710.80
        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                                                                       1,766.91
                                Current Period Accrued Servicing Fees                                                     20,362.41
                                Current Period Special 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
                                                                                                                               0.00
                                Distribution to Residual Certificates                                                          0.00
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 5

Chase Commercial Mtg. Securities Corp. Series 1996-2

                                  April 19 2000




                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 1

Chase Commercial Mortgage Securities Corp.
Commercial Mort. Pass-Through Certs., Series 1997-1

                         Statement to Certificateholders
                                  April 19 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    51,173,053.78   638,227.52      310,023.42      948,250.94     0.00            0.00       50,534,826.26
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       76,316.85       76,316.85     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   484,348,039.78   638,227.520   2,964,799.94    3,603,027.46     0.00            0.00      483,709,812.26

A1COMP     100,600,000.00    51,173,053.78         0.00        4,264.42        4,264.42     0.00            0.00       50,534,826.26
WACCOMP    533,774,986.00   484,348,039.05         0.00      577,555.11      577,555.11     0.00            0.00      483,709,811.53
X          533,774,986.00   484,348,039.78         0.00      581,819.53      581,819.53     0.00            0.00      483,709,812.26
</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    508.67846700   6.34420994   3.08174374     9.42595368    502.33425706     A1             7.270000%
A2    161505AZ5  1,000.00000000   0.00000000   6.14166667     6.14166667  1,000.00000000     A2             7.370000%
B     161505BB7  1,000.00000000   0.00000000   6.14166666     6.14166666  1,000.00000000     B              7.370000%
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 2

Chase Commercial Mortgage Securities Corp.
Commercial Mort. Pass-Through Certs., Series 1997-1

                         Statement to Certificateholders
                                  April 19 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               161505BC5    1,000.00000000    0.00000000   6.14166666   6.14166666   1,000.00000000     C             7.370000%
D               161505BD3    1,000.00000000    0.00000000   6.14166664   6.14166664   1,000.00000000     D             7.370000%
E               161505BE1    1,000.00000000    0.00000000   6.14166643   6.14166643   1,000.00000000     E             7.370000%
F               161505BF8    1,000.00000000    0.00000000   6.14166664   6.14166664   1,000.00000000     F             7.370000%
G               161505BG6    1,000.00000000    0.00000000   6.14166643   6.14166643   1,000.00000000     G             7.370000%
H               161505BH4    1,000.00000000    0.00000000   6.14166643   6.14166643   1,000.00000000     H             7.370000%
I               161505BJ0    1,000.00000000    0.00000000   5.71902811   5.71902811   1,000.00000000     I             7.370000%
TOTALS                         907.40115682    1.19568645   5.55440030   6.75008675     906.20547037

A1COMP          COMPONENT      508.67846700    0.00000000   0.04238986   0.04238986     502.33425706     A1COMP        0.100000%
WACCOMP         COMPONENT      907.40115546    0.00000000   1.08201981   1.08201981     906.20546900     WACCOMP       1.430926%
X               161505BA9      907.40115682    0.00000000   1.09000898   1.09000898     906.20547037     X             1.441491%
</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 Mort. Pass-Through Certs., Series 1997-1

                                  April 19 2000

<TABLE>
<S>                                                                                                                    <C>
        Available Funds                                                                                                4,184,847.00
        Principal Distribution Amount                                                                                    638,227.52
        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         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%
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 4

Chase Commercial Mortgage Securities Corp.
Commercial Mort. Pass-Through Certs., Series 1997-1

                                  April 19 2000


<TABLE>
<S>                                                                                                                       <C>
         Prepayment Penalties

         Advance Summary
         Principal & Interest Advances
         Current Principal & Interest Advances                                                                            42,442.12
         Outstanding Principal & Interest Advances                                                                        42,807.10
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 5

Chase Commercial Mortgage Securities Corp.
Commercial Mort. Pass-Through Certs., Series 1997-1

                                  April 19 2000

<TABLE>
<S>                                                                                                                      <C>
         Fee Summary
         Master Servicing Fees                                                                                            26,816.15
         Sub-Servicing Fees                                                                                               12,704.98
         Trustee Fees                                                                                                      2,583.19
         Special Servicer Fee                                                                                                  0.00


         Appraisal Reduction Amounts
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 6

Chase Commercial Mortgage Securities Corp.
Commercial Mort. Pass-Through Certs., Series 1997-1

                                  April 19 2000

         Interest Detail




                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 1

Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certs., Series 1997-2

                         Statement to Certificateholders
                                  April 19 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   160,122,697.64   814,280.22    860,659.50  1,674,939.72      0.00            0.00      159,308,417.42
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     66,552.15     66,552.15      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   778,115,070.64   814,280.220 4,247,822.94  5,062,103.16      0.00            0.00      777,300,790.42

X        813,992,373.00   778,115,070.64         0.00  1,029,426.73  1,029,426.73      0.00            0.00      777,300,790.42
A1COMP   196,000,000.00   160,122,697.64         0.00     20,015.34     20,015.34      0.00            0.00      159,308,417.42
WACCOMP  813,992,373.00   778,115,070.64         0.00  1,009,411.40  1,009,411.40      0.00            0.00      777,300,790.42
</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      816.95253898  4.15449092   4.39111990   8.54561082     812.79804806     A1      6.450000%
A2     161505BL5    1,000.00000000  0.00000000   5.50000000   5.50000000   1,000.00000000     A2      6.600000%
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 2

Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certs., Series 1997-2

                         Statement to Certificateholders
                                  April 19 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               161505BN1  1,000.00000000    0.00000000  5.49999992   5.49999992   1,000.00000000     B             6.600000%
C               161505BP6  1,000.00000000    0.00000000  5.49999998   5.49999998   1,000.00000000     C             6.600000%
D               161505BQ4  1,000.00000000    0.00000000  5.50000010   5.50000010   1,000.00000000     D             6.600000%
E               161505BR2  1,000.00000000    0.00000000  5.50000020   5.50000020   1,000.00000000     E             6.600000%
F               161505BS0  1,000.00000000    0.00000000  5.49999998   5.49999998   1,000.00000000     F             6.600000%
G               161505BT8  1,000.00000000    0.00000000  5.50000057   5.50000057   1,000.00000000     G             6.600000%
H               161505BU5  1,000.00000000    0.00000000  5.49999975   5.49999975   1,000.00000000     H             6.600000%
I               161505BV3  1,000.00000000    0.00000000  5.49999975   5.49999975   1,000.00000000     I             6.600000%
J               161505BW1  1,000.00000000    0.00000000  4.67200955   4.67200955   1,000.00000000     J             6.600000%
TOTALS                       955.92427700    1.00035362  5.21850460   6.21885822     954.92392337

X               161505BM3    955.92427700    0.00000000  1.26466385   1.26466385     954.92392337     X             1.587570%
A1COMP          Component    816.95253898    0.00000000  0.10211908   0.10211908     812.79804806     A1COMP        0.150000%
WACCOMP         Component    955.92427700    0.00000000  1.24007476   1.24007476     954.92392337     WACCOMP       1.556703%
</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 Certs., Series 1997-2

                                  April 19 2000

<TABLE>
<S>                                                                                                                    <C>
        Available Funds                                                                                                6,091,529.89
        Principal Distribution Amount                                                                                    814,280.22
        Scheduled Principal Distribution Amount                                                                          814,280.22
        Unscheduled Principal Distribution Amount                                                                              0.00
        Miscellaneous Trust Fund Expenses                                                                                      0.00

        Interest Reserve Account
        Beginning Balance                                                                                                      0.00
          Deposits                                                                                                             0.00
          Withdrawals                                                                                                          0.00
        Ending Balance                                                                                                         0.00

        Balance Information

        Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                     Group Totals
                                               Principal
                     Period        Number       Balance         Percentage
                    0-30 days         1        1,159,596.58        0.15%
                    31-60 days        0                0.00        0.00%
                    61-90 days        0                0.00        0.00%
                    91+days           0                0.00        0.00%
                     Total            1        1,159,596.58        0.15%
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 4

Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certs., Series 1997-2

                                  April 19 2000

<TABLE>
<S>                                                                                                                    <C>
         Prepayment Penalties

         Advance Summary
         Principal & Interest Advances
         Current Principal & Interest Advances                                                                           239,349.08
         Outstanding Principal & Interest Advances                                                                     1,093,861.21
         Reimbursement of Interest on any P&I Advances                                                                         0.00
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>



                                                                          Page 5

Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certs., Series 1997-2

                                  April 19 2000

<TABLE>
<S>                                                                                                                       <C>
         Fee Summary
         Servicing Fees                                                                                                   60,329.13
         Trustee Fees                                                                                                      3,728.51
         Special Servicer Fee                                                                                                659.43
         Workout Fee                                                                                                           0.00


         Appraisal Reduction Amounts
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 6

Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certs., Series 1997-2

                                  April 19 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
                                  April 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  115,854,472.14   765,486.47       612,097.79    1,377,584.26       0.00     0.00      115,088,985.67
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        74,031.13       74,031.13       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  801,129,257.14   765,486.470    4,349,930.94    5,115,417.41       0.00     0.00      800,363,770.67

X           817,874,785.00  801,129,257.14         0.00       550,829.56    1,316,316.03       0.00     0.00      800,363,770.67
</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              161505BX9       873.71396787   5.77289947   4.61612210  10.38902157     867.94106840     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
                                  April 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      1,000.00000000    .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  5.17236903  5.17236903  1,000.00000000    J          6.340000%
TOTALS                           979.52556043    .93594580  5.31857812  6.25452392    978.58961463

X                                979.52556043    .00000000   .67348886  1.60943466    978.58961463    X           .825080%
</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

                                  April 18 2000

<TABLE>
<S>                                                                                                                     <C>
         Available Funds                                                                                                5,666,246.97
         Principal Distribution Amount                                                                                    765,486.47
         Scheduled Principal Distribution Amount                                                                          765,486.47
         Unscheduled Principal Distribution Amount                                                                              0.00
         Miscellaneous Trust Fund Expenses                                                                                      0.00


         Interest Reserve Account
         Deposits                                                                                                               0.00
         Withdrawals                                                                                                            0.00

         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       1        7,613,178.75           .95%
                91+days          0                 .00           .00%
                 Total           1.00     7,613,178.75           .95%
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>



                                                                          Page 4
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certificates
Series 1998-1
                                  April 18 2000

<TABLE>
<S>                                                                                                                      <C>
         Prepayment Penalties

         Advance Summary
         Principal & Interest Advances
         Current Principal & Interest Advances                                                                            58,110.58
         Outstanding Principal & Interest Advances                                                                       232,438.03
         Reimbursement of Interest on any P&I Advances                                                                         0.00
</TABLE>


                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 5

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

                                  April 18 2000

<TABLE>
<S>                                                                                                                       <C>
         Fee Summary
         Servicing Fees                                                                                                   49,091.34
         Trustee Fees                                                                                                      4,005.68
         Special Servicer Fee                                                                                                  0.00
         Additional Special Servicing Compensation                                                                         1,588.21
         Workout Fee                                                                                                           0.00


         Appraisal Reduction Amounts
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 6

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

                                  April 18 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
                                  April 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                 198,800,000.00     181,536,665.72  993,676.55      911,465.34  1,905,141.89   0.00       0.00      180,542,989.17
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   1,250,872,846.72  993,676.550   6,605,680.50  7,599,357.05   0.00       0.00    1,249,879,170.17

X                1,268,136,181.00   1,250,872,846.72        0.00      792,595.01  1,786,271.56   0.00       0.00    1,249,879,170.17
</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        913.16230241  4.99837299   4.58483571  9.58320870    908.16392943    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
                                  April 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               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                           986.38684509   .78357243   5.20896777   5.99254020     985.60327266

X               161505CY6        986.38684509   .00000000    .62500780   1.40858024     985.60327266      X           .760360%
</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

                                  April 18 2000

<TABLE>
<S>                                                                                                                     <C>
         Available Funds                                                                                                8,391,952.06
         Principal Distribution Amount                                                                                    993,676.55
         Default Interest                                                                                                       0.00
         Excess Interest                                                                                                        0.00
         Extraordinary Trust Fund Expenses                                                                                      0.00

         Interest Reserve Account
         Beginning Balance                                                                                                      0.00
           Deposits                                                                                                             0.00
           Withdrawals                                                                                                          0.00
         Ending Balance                                                                                                         0.00

         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 1998-2

                                  April 18 2000

<TABLE>
<S>                                                                                                                        <C>
         Prepayment Penalties

         Advance Summary
         Principal & Interest Advances
         Current Principal & Interest Advances                                                                             99,799.45
         Outstanding Principal & Interest Advances                                                                         99,799.45
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

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

                                  April 18 2000

<TABLE>
<S>                                                                                                                        <C>
         Fee Summary
         Master Servicing Fees                                                                                             43,925.65
         Sub-Servicing Fees                                                                                                20,847.88
         Trustee Fees                                                                                                       5,993.77
         Special Servicer Fee                                                                                                   0.00


         Appraisal Reduction Amounts
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 6

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

                                  April 18 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
                                  April 17 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   103,781,132.67    416,593.40      608,157.44    1,024,750.84     0.00            0.00      103,364,539.27
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       79,452.94       79,452.94     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   780,514,733.67    416,593.400   4,659,504.09    5,076,097.49     0.00            0.00      780,098,140.27

X       782,653,601.00   780,514,733.67          0.00      762,514.76    1,179,108.16     0.00            0.00      780,098,140.27
</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              161505DJ8        979.80676614    3.93309479  5.74166767   9.67476246  975.87367136     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
                                  April 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   5.41426007    5.41426007   1,000.00000000    M         6.500000%
TOTALS                           997.26715966    .53228325   5.95346918    6.48575242     996.73487642

X               161505DL3        997.26715966    .00000000    .97426851    1.50655176     996.73487642    X         1.172326%
</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

                                  April 17 2000

<TABLE>
<S>                                                                                                                    <C>
        Available Funds                                                                                                5,838,612.24
        Principal Distribution Amount                                                                                    416,593.40
        Scheduled Principal Distribution Amount                                                                          416,593.40
        Unscheduled Principal Distribution Amount                                                                              0.00
        Miscellaneous Trust Fund Expenses                                                                                      0.00

        Interest Reserve Account
        Deposits                                                                                                               0.00
        Withdrawals                                                                                                            0.00


        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 1999-2

                                  April 17 2000

         Prepayment Penalties

<TABLE>
<S>                                                                                                                       <C>
         Advance Summary
         Principal & Interest Advances
         Current Principal & Interest Advances                                                                            108,190.68
         Outstanding Principal & Interest Advances                                                                        108,190.67
         Reimbursement of Interest on any P&I Advances                                                                          0.00
         Reimbursement of Interest on any T&I Advances                                                                         35.32
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 5

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


                                  April 17 2000

<TABLE>
<S>                                                                                                                        <C>
         Fee Summary
         Servicing Fees                                                                                                    40,222.48
         Trustee Fees                                                                                                       1,040.69
         Special Servicer Fee                                                                                                   0.00
         Workout Fee                                                                                                            0.00

         Appraisal Reduction Amounts
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 6

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

                                  April 17 2000

         Interest Detail

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 1

Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certficates
Series 2000-1

                         Statement to Certificateholders
                                  April 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       123,675,000.00   123,675,000.00    289,488.95     789,046.50    1,078,535.45     0.00            0.00      123,385,511.05
A2       388,670,024.00   388,670,024.00          0.00   2,512,427.81    2,512,427.81     0.00            0.00      388,670,024.00
B         36,596,073.00    36,596,073.00          0.00     237,996.46      237,996.46     0.00            0.00       36,596,073.00
C         33,110,734.00    33,110,734.00          0.00     219,027.51      219,027.51     0.00            0.00       33,110,734.00
D         10,456,020.00    10,456,020.00          0.00      70,011.77       70,011.77     0.00            0.00       10,456,020.00
E         24,397,383.00    24,397,383.00          0.00     171,193.19      171,193.19     0.00            0.00       24,397,383.00
F         10,456,020.00    10,456,020.00          0.00      73,368.50       73,368.50     0.00            0.00       10,456,020.00
G         24,397,382.00    24,397,382.00          0.00     135,202.16      135,202.16     0.00            0.00       24,397,382.00
H          5,228,011.00     5,228,011.00          0.00      28,971.89       28,971.89     0.00            0.00        5,228,011.00
I          6,099,346.00     6,099,346.00          0.00      33,800.54       33,800.54     0.00            0.00        6,099,346.00
J         11,327,356.00    11,327,356.00          0.00      62,772.43       62,772.43     0.00            0.00       11,327,356.00
K          3,485,340.00     3,485,340.00          0.00      19,314.59       19,314.59     0.00            0.00        3,485,340.00
L          3,485,340.00     3,485,340.00          0.00      19,314.59       19,314.59     0.00            0.00        3,485,340.00
M         15,684,032.00    15,684,032.00          0.00      86,915.68       86,915.68     0.00            0.00       15,684,032.00
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   697,068,061.00   697,068,061.00    289,488.95   4,459,363.62    4,748,852.57     0.00            0.00      696,778,572.05

X        697,068,061.00   697,068,061.00          0.00     519,003.75      519,003.75     0.00            0.00      696,778,572.05
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 2

Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certficates
Series 2000-1

                         Statement to Certificateholders
                                  April 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>

A1              161505DZ2       1,000.00000000    2.34072327  6.38000000   8.72072327     997.65927673     A1         7.656000%
A2              161505EA6       1,000.00000000    0.00000000  6.46416666   6.46416666   1,000.00000000     A2         7.757000%
B               161505EC2       1,000.00000000    0.00000000  6.50333329   6.50333329   1,000.00000000     B          7.804000%
C               161505ED0       1,000.00000000    0.00000000  6.61500014   6.61500014   1,000.00000000     C          7.938000%
D               161505EE8       1,000.00000000    0.00000000  6.69583360   6.69583360   1,000.00000000     D          8.035000%
E               161505EF5       1,000.00000000    0.00000000  7.01686693   7.01686693   1,000.00000000     E          8.420240%
F               161505EG3       1,000.00000000    0.00000000  7.01686684   7.01686684   1,000.00000000     F          8.420240%
G               161505EH1       1,000.00000000    0.00000000  5.54166672   5.54166672   1,000.00000000     G          6.650000%
H               161505EJ7       1,000.00000000    0.00000000  5.54166585   5.54166585   1,000.00000000     H          6.650000%
I               161505EK4       1,000.00000000    0.00000000  5.54166627   5.54166627   1,000.00000000     I          6.650000%
J               161505EL2       1,000.00000000    0.00000000  5.54166656   5.54166656   1,000.00000000     J          6.650000%
K               161505EM0       1,000.00000000    0.00000000  5.54166595   5.54166595   1,000.00000000     K          6.650000%
L               161505EN8       1,000.00000000    0.00000000  5.54166595   5.54166595   1,000.00000000     L          6.650000%
M               161505EP3       1,000.00000000    0.00000000  5.54166684   5.54166684   1,000.00000000     M          6.650000%
TOTALS                          1,000.00000000    0.41529510  6.39731451   6.81260961     999.58470490

X               161505EB4       1,000.00000000    0.00000000  0.74455247   0.74455247     999.58470490     X          0.893463%
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 3

Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certficates
Series 2000-1

                         Statement to Certificateholders
                                  April 17 2000



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 4

Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certficates
Series 2000-1

                                  April 17 2000

<TABLE>
<S>                                                                                                                    <C>
         Available Funds                                                                                               5,267,856.33
         Principal Distribution Amount                                                                                   289,488.95
         Scheduled Principal Distribution Amount                                                                         289,488.95
         Unscheduled Principal Distribution Amount                                                                             0.00
         Miscellaneous Trust Fund Expenses                                                                                     0.00

         Interest Reserve Account
         Deposits                                                                                                              0.00
         Withdrawals                                                                                                           0.00


         Balance Information

         Number and Aggregate Principal Amounts of Mortgage Loans in Delinquency
                 Total                  0            0.00               0.00
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 5

Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certficates
Series 2000-1

                                  April 17 2000

<TABLE>
<S>                                                                                                                       <C>
         Prepayment Penalties

         Advance Summary
         Principal & Interest Advances
         Current Principal & Interest Advances                                                                            18,579.89
         Outstanding Principal & Interest Advances                                                                        18,579.89
         Reimbursement of Interest on any P&I Advances                                                                         0.00
         Reimbursement of Interest on any T&I Advances                                                                         0.00
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>


                                                                          Page 6

Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certficates
Series 2000-1

                                  April 17 2000

<TABLE>
<S>                                                                                                                       <C>
        Fee Summary
        Servicing Fees                                                                                                    30,603.49
        Sub Servicing Fees                                                                                                 5,930.79
        Trustee Fees                                                                                                       1,219.87
        Special Servicer Fee                                                                                                   0.00
        Workout Fee                                                                                                            0.00


        Appraisal Reduction Amounts
</TABLE>

                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION

<PAGE>

                                                                          Page 7

Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-Through Certficates
Series 2000-1

                                  April 17 2000

         Interest Detail


                                  (C)COPYRIGHT 1999, CHASE MANHATTAN CORPORATION




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