Attached files
| file | filename |
|---|---|
| EX-4.1 - JPMCC 2016-JP3 POOLING AND SERVICING AGREEMENT - Citigroup Commercial Mortgage Trust 2016-C1 | exh_4-1.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 30, 2016
Citigroup Commercial Mortgage Trust 2016-C1
(Exact name of issuing entity)
(Central Index Key number of issuing entity: 0001673255)
Citigroup Commercial Mortgage Securities Inc.
(Exact name of the depositor as specified in its charter)
(Central Index Key number of depositor: 0001258361)
Citigroup Global Markets Realty Corp.
(Central
Index Key number: 0001541001)
Cantor Commercial Real Estate Lending, L.P.
(Central
Index Key number: 0001558761)
Starwood Mortgage Funding V LLC
(Central
Index Key number: Not Applicable)
FCRE REL, LLC
(Central
Index Key number: 0001636352)
(Exact name of sponsors as specified in their charters)
| Delaware | 333-207132-04 | 86-1073506 |
| (State or other jurisdiction | (Commission File Number | (IRS Employer Identification |
| of incorporation of depositor) | of issuing entity) | No. of depositor) |
| 390 Greenwich Street | |
| New York, New York | 10013 |
| (Address of principal executive offices of depositor) | (Zip Code of depositor) |
Depositor’s telephone number, including area code (212) 816-6000
| 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 of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01. Entry into a Material Definitive Agreement.
On June 1, 2016 (the “Closing Date”), Citigroup Commercial Mortgage Trust 2016-C1 (the “Issuing Entity”) issued the Citigroup Commercial Mortgage Trust 2016-C1, Commercial Mortgage Pass-Through Certificates, Series 2016-C1, pursuant to a Pooling and Servicing Agreement, dated as of May 1, 2016 (the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as depositor, Wells Fargo Bank, National Association, as master servicer, LNR Partners, LLC, as special servicer, Park Bridge Lender Services LLC, as operating advisor and asset representations reviewer, Citibank, N.A., as certificate administrator, and Deutsche Bank Trust Company Americas, as trustee. The Pooling and Servicing Agreement was filed as Exhibit 4.1 to the Current Report on Form 8-K with respect to the Issuing Entity, dated June 1, 2016 and filed with the Securities and Exchange Commission (the “Commission”) on June 1, 2016. Capitalized terms used but not defined herein shall have the meanings assigned to them in the Pooling and Servicing Agreement.
As of the Closing Date, the Embassy Suites Lake Buena Vista Loan Combination was required to be serviced and administered pursuant to the Pooling and Servicing Agreement.
On September 30, 2016, the Embassy Suites Lake Buena Vista Companion Loan evidenced by promissory note A-1-A was contributed to the commercial mortgage securitization transaction involving the issuance of the JPMCC Commercial Mortgage Securities Trust 2016-JP3, Commercial Mortgage Pass-Through Certificates, Series 2016-JP3 (the “JPMCC 2016-JP3 Certificates”). Upon the issuance of the JPMCC 2016-JP3 Certificates, the servicing and administration of the Embassy Suites Lake Buena Vista Loan Combination is required to be transferred from the Pooling and Servicing Agreement to the pooling and servicing agreement governing the issuance of the JPMCC 2016-JP3 Certificates, dated as of September 1, 2016 (the “JPMCC 2016-JP3 Pooling and Servicing Agreement”), between J.P. Morgan Chase Commercial Mortgage Securities Corp., as depositor (the “JPMCC 2016-JP3 Depositor”), Midland Loan Services, a Division of PNC Bank, National Association, as master servicer, Torchlight Loan Services, LLC, as special servicer, Wells Fargo Bank, National Association, as certificate administrator and as trustee, and Pentalpha Surveillance LLC, as operating advisor and as asset representations reviewer.
The JPMCC 2016-JP3 Pooling and Servicing Agreement, in the form most recently filed with the Commission by or on behalf of the JPMCC 2016-JP3 Depositor, is attached hereto as Exhibit 4.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit 4.1 | JPMCC 2016-JP3 Pooling and Servicing Agreement |
Pursuant to the requirements of the Securities Exchange Act of 1934, the depositor has caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Date: October 6, 2016 | CITIGROUP COMMERCIAL MORTGAGE | |
| SECURITIES INC. | ||
| By: | /s/ Paul Vanderslice | |
| Name: Paul Vanderslice | ||
| Title: President | ||
CGCMT 2016-C1 – Form 8-K
INDEX TO EXHIBITS
| Item 601(a)
of Regulation S-K Exhibit No. |
Description | Paper
(P) or Electronic (E) | |
| 4.1 | JPMCC 2016-JP3 Pooling and Servicing Agreement | (E) |