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EX-5.1 - EX-5.1 - CFCRE Commercial Mortgage Trust 2011-C2 | y05370exv5w1.htm |
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): December 15, 2011
CFCRE Commercial Mortgage Trust 2011-C2
(Exact name of issuing entity)
CCRE Commercial Mortgage Securities, L.P.
(Exact name of registrant as specified in its charter)
Cantor Commercial Real Estate Lending, L.P.
(Exact name of sponsor as specified in its charter)
Delaware | 333-172863-01 | 27-5333184 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
110 East 59th Street | New York, New York | 10022 | ||
(Address of Principal Executive Offices) | (Zip Code) |
Registrants telephone number, including area code: (212) 938-5000
Not applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any following provisions:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
TABLE OF CONTENTS
Item 8.01. OTHER EVENTS | ||||||||
Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS | ||||||||
SIGNATURES | ||||||||
EXHIBIT INDEX | ||||||||
EX-5.1 |
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Item 8.01. OTHER EVENTS
On December 15, 2011, CCRE Commercial Mortgage Securities, L.P. (the Registrant) caused the
issuance, pursuant to a Pooling and Servicing Agreement, dated as of December 11, 2011 (the
Pooling and Servicing Agreement), between the Registrant, as depositor, Bank of America, National
Association, as master servicer, LNR Partners, LLC, as special servicer, TriMont Real Estate
Advisors, Inc., as operating advisor, and Citibank, N.A., as certificate administrator and trustee,
of CFCRE Commercial Mortgage Trust 2011-C2 Commercial Mortgage Pass-Through Certificates, Series
2011-C2 (the Certificates). The Class A-1, Class A-2, Class A-3 and Class A-4 Certificates
(collectively, the Publicly Offered Certificates) were sold to Cantor Fitzgerald & Co., Barclays
Capital Inc., Deutsche Bank Securities Inc., CastleOak Securities, L.P. and Nomura Securities
International, Inc., as underwriters (collectively, in such capacities, the Underwriters),
pursuant to an Underwriting Agreement dated as of December 6, 2011, between the Registrant and the
Underwriters.
On December 15, 2011, the Class X-A, Class X-B, Class A-J, Class B, Class C, Class D, Class E,
Class F, Class G, Class NR, Class S and Class R Certificates (collectively, the Privately Offered
Certificates) were sold to Cantor Fitzgerald & Co., Barclays Capital Inc., Deutsche Bank
Securities Inc., CastleOak Securities, L.P. and Nomura Securities International, Inc., as initial
purchasers (collectively, in such capacities, the Initial Purchasers), pursuant to a Certificate
Purchase Agreement dated as of December 6, 2011, between the Registrant and the Initial Purchasers.
The Privately Offered Certificates were sold in transactions exempt from registration under the
Securities Act of 1933, as amended.
The Certificates represent, in the aggregate, the entire beneficial ownership in CFCRE Commercial
Mortgage Trust 2011-C2, a common law trust fund formed on December 15, 2011 under the laws of the
State of New York pursuant to the Pooling and Servicing Agreement. The Issuing Entitys primary
assets are 51 fixed rate mortgage loans (the Mortgage Loans) secured by first liens on
72 commercial, multifamily and manufactured housing community properties. The net proceeds of the
sale of the Certificates were applied to the purchase of the Mortgage Loans by the Registrant from
Cantor Commercial Real Estate Lending, L.P.
In connection with the issuance and sale to the Underwriters of the Publicly Offered Certificates,
a legal opinion was rendered related to the validity of, and certain federal income tax
considerations relating to, the Publicly Offered Certificates, which legal opinion is attached as
an exhibit to this report.
Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits:
5.1 | Legality Opinion of Sidley Austin LLP, dated December 15, 2011. | ||
8.1 | Tax Opinion of Sidley Austin LLP, dated December 15, 2011 (included as part of Exhibit 5.1). | ||
23.1 | Consent of Sidley Austin LLP (included as part of Exhibit 5.1). |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CCRE COMMERCIAL MORTGAGE SECURITIES, L.P. | ||
By: CCRE Commercial Mortgage Securities Holdings, LLC, its general partner |
By: | /s/ Anthony Orso | |||
Name: | Anthony Orso | |||
Date: December 15, 2011 | Title: | Principal Executive Officer |
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