0001193125-16-806387.txt : 20161229 0001193125-16-806387.hdr.sgml : 20161229 20161229101303 ACCESSION NUMBER: 0001193125-16-806387 CONFORMED SUBMISSION TYPE: 10-D PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20161216 0001258361 0001541001 FILED AS OF DATE: 20161229 DATE AS OF CHANGE: 20161229 Commercial mortgages FILER: COMPANY DATA: COMPANY CONFORMED NAME: Citigroup Commercial Mortgage Trust 2015-P1 CENTRAL INDEX KEY: 0001648439 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 10-D SEC ACT: 1934 Act SEC FILE NUMBER: 333-189017-10 FILM NUMBER: 162073828 BUSINESS ADDRESS: STREET 1: 388 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10013 BUSINESS PHONE: 2128166000 MAIL ADDRESS: STREET 1: 388 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10013 10-D 1 d281896d10d.htm FORM 10-D Form 10-D

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-D

ASSET-BACKED ISSUER DISTRIBUTION REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

For the monthly distribution period from:

November 19, 2016 to December 16, 2016

Commission File Number of issuing entity: 333-189017-10

Central Index Key Number of issuing entity: 0001648439

Citigroup Commercial Mortgage Trust 2015-P1

(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: 333-189017

Central Index Key Number of depositor: 0001258361

Citigroup Commercial Mortgage Securities Inc.

(Exact name of depositor as specified in its charter)

Citigroup Global Markets Realty Corp.

(Central Index Key Number: 0001541001)

Principal Commercial Capital

(Central Index Key Number: 0001634437)

Wells Fargo Bank, National Association

(Central Index Key Number: 0000740906)

(Exact names of sponsors as specified in their respective charters)

Richard Simpson (212) 816-5343

(Name and telephone number, including area code,

of the person to contact in connection with this filing)

New York

(State or other jurisdiction of incorporation

or organization of the issuing entity)

47-4829566

47-4840768

47-7237579

(I.R.S. Employer Identification No.)

 

c/o Citibank, N.A.

388 Greenwich Street, 14th Floor

New York, New York

  10013
(Address of principal executive offices of the issuing entity)   (Zip Code)

(212) 816-5693

(Telephone number, including area code)

 

     Registered/reporting pursuant to
(check one)
   Name of
exchange

Title of class

   Section 12(b)    Section 12(g)    Section 15(d)    (If Section 12(b))

A-1

            Not Applicable

A-2

            Not Applicable

A-3

            Not Applicable

A-4

            Not Applicable

A-5

            Not Applicable

A-AB

            Not Applicable

X-A

            Not Applicable

X-B

            Not Applicable

A-S

            Not Applicable

B

            Not Applicable

PEZ

            Not Applicable

C

            Not Applicable

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  ☒    No  ☐


PART I – DISTRIBUTION INFORMATION

Item 1. Distribution and Pool Performance Information.

On December 16, 2016, a distribution was made to holders of the certificates issued by Citigroup Commercial Mortgage Trust 2015-P1.

The distribution report is attached as Exhibit 99.1 to this Form 10-D.

No assets securitized by Citigroup Commercial Mortgage Securities Inc. (the “Depositor”) and held by Citigroup Commercial Mortgage Trust 2015-P1 were the subject of a demand to repurchase or replace for breach of the representations and warranties contained in the underlying transaction documents during the monthly distribution period covered by this distribution report on Form 10-D.

The Depositor most recently filed a Form ABS-15G under Rule 15Ga-1 under the Securities Exchange Act of 1934 (“Rule 15Ga-1”) on February 16, 2016. The CIK number of the Depositor is 0001258361.

Citigroup Global Markets Realty Corp. (“CGMRC”), one of the sponsors, most recently filed a Form ABS-15G under Rule 15Ga-1 on February 16, 2016. The CIK number of CGMRC is 0001541001.

Macquarie US Trading LLC d/b/a Principal Commercial Capital (“PCC”), one of the sponsors, most recently filed a Form ABS-15G under Rule 15Ga-1 on February 16, 2016. The CIK number of PCC is 0001634437.

Wells Fargo Bank, National Association (“Wells Fargo”), one of the sponsors, most recently filed a Form ABS-15G under Rule 15Ga-1 on November 14, 2016. The CIK number of Wells Fargo is 0000740906.

Item 1A. Asset-Level Information.

Not applicable

Item 1B. Asset Representations Reviewer and Investor Communication.

Not applicable


PART II – OTHER INFORMATION

Item 2. Legal Proceedings.

Disclosure from Citibank, N.A., as Certificate Administrator:

Citibank, N.A. (“Citibank”) is acting as the Certificate Administrator of this commercial mortgage-backed securities (“CMBS”) transaction. In the ordinary course of business, Citibank is involved in a number of legal proceedings, including in connection with its role as trustee of certain residential mortgage-backed securities (“RMBS”) transactions. Certain of these Citibank as trustee-related matters are disclosed herein.

On June 18, 2014, a civil action was filed against Citibank in the Supreme Court of the State of New York by a group of investors in 48 private-label RMBS trusts for which Citibank allegedly serves or did serve as trustee, asserting claims for purported violations of the Trust Indenture Act of 1939 (the “Trust Indenture Act”), breach of contract, breach of fiduciary duty and negligence based on Citibank’s alleged failure to perform its duties as trustee for the 48 RMBS trusts. On November 24, 2014, plaintiffs sought leave to withdraw this action. On the same day, a smaller subset of similar plaintiff investors in 27 private-label RMBS trusts for which Citibank allegedly serves or did serve as trustee, filed a new civil action against Citibank in the United States District Court for the Southern District of New York asserting similar claims as the prior action filed in state court. In January 2015, the court closed plaintiffs’ original state court action. Citibank’s motion to dismiss the federal complaint was fully briefed as of May 13, 2015. On September 8, 2015, the federal court dismissed all claims as to 24 of the 27 trusts and allowed certain of the claims to proceed as to the other three trusts. Subsequently, plaintiffs voluntarily dismissed all claims with respect to two of the three trusts. This case is still pending as to the one remaining trust at issue.

On November 24, 2015, the same investors that brought the federal case brought a new civil action in the Supreme Court of the State of New York related to 25 private-label RMBS trusts for which Citibank allegedly serves or did serve as trustee. This case includes the 24 trusts previously dismissed in the federal action, and one additional trust. The investors assert claims for breach of contract, breach of fiduciary duty, breach of duty to avoid conflicts of interest, and violation of New York’s Streit Act (the “Streit Act”). Citibank’s motion to dismiss was fully briefed as of April 15, 2016. Following argument on Citibank’s motion to dismiss, plaintiffs filed an amended complaint on August 5, 2016. Citibank’s motion to dismiss the amended complaint was fully briefed as of October 21, 2016. Citibank awaits a decision.

On August 19, 2015, the Federal Deposit Insurance Corporation (FDIC) as Receiver for a financial institution filed a civil action against Citibank in the Southern District of New York. This action relates to one private-label RMBS trust for which Citibank formerly served as trustee. FDIC asserts claims for breach of contract, violation of the Streit Act, and violation of the Trust Indenture Act. Citibank jointly briefed a motion to dismiss with The Bank of New York Mellon and U.S. Bank, entities that have also been sued by FDIC in their capacity as trustee, and whose cases are also in front of Judge Carter. Defendants’ joint motion to dismiss was fully briefed as of March 22, 2016. On September 30, 2016, the court granted Citibank’s motion to dismiss the complaint without prejudice for lack of subject matter jurisdiction. On October 14, 2016, FDIC filed a motion for reargument or relief from judgment from the court’s dismissal order. On October 25, 2016, the court granted leave for defendants to file an opposition brief. Defendants filed their opposition on November 15, 2016, and plaintiff filed its reply brief on November 22, 2016. Citibank awaits a decision from the court on the plaintiff’s motion.

There can be no assurances as to the outcome of litigation or the possible impact of litigation on the trustee or the RMBS trusts. However, Citibank denies liability and continues to vigorously defend against these litigations. Furthermore, neither the above-disclosed litigations nor any other pending legal proceeding involving Citibank will materially affect Citibank’s ability to perform its duties as Certificate Administrator under the Pooling and Servicing Agreement for this CMBS transaction.

Disclosure from Deutsche Bank Trust Company Americas, as Trustee:

Deutsche Bank Trust Company Americas (“DBTCA”) and Deutsche Bank National Trust Company (“DBNTC”) have been sued by investors in civil litigation concerning their role as trustees of certain residential mortgage-backed securities (“RMBS”) trusts.

On June 18, 2014, a group of investors, including funds managed by Blackrock Advisors, LLC, PIMCO-Advisors, L.P., and others, filed a derivative action against DBNTC and DBTCA in New York State Supreme Court


purportedly on behalf of and for the benefit of 544 private-label RMBS trusts asserting claims for alleged violations of the U.S. Trust Indenture Act of 1939 (the “Trust Indenture Act”), breach of contract, breach of fiduciary duty and negligence based on DBNTC and DBTCA’s alleged failure to perform their duties as trustees for the trusts. Plaintiffs subsequently dismissed their state court complaint and filed a derivative and class action complaint in the U.S. District Court for the Southern District of New York on behalf of and for the benefit of 564 private-label RMBS trusts, which substantially overlapped with the trusts at issue in the state court action. The complaint alleges that the trusts at issue have suffered total realized collateral losses of U.S. $89.4 billion, but the complaint does not include a demand for money damages in a sum certain. DBNTC and DBTCA filed a motion to dismiss, and on January 19, 2016, the court partially granted the motion on procedural grounds: as to the 500 trusts that are governed by pooling and servicing agreements, the court declined to exercise jurisdiction. The court did not rule on substantive defenses asserted in the motion to dismiss. On March 22, 2016, plaintiffs filed an amended complaint in federal court. In the amended complaint, plaintiffs assert claims in connection with 62 trusts governed by indenture agreements. The amended complaint alleges that the trusts at issue have suffered total realized collateral losses of U.S. $9.8 billion, but the complaint does not include a demand for money damages in a sum certain. DBNTC and DBTCA filed a motion to dismiss the amended complaint on July 15, 2016. On August 15, 2016, plaintiffs filed their opposition to the motion to dismiss. On September 2, 2016, DBNTC and DBTCA filed a reply in support of their motion to dismiss. Discovery is ongoing.

On March 25, 2016, the BlackRock plaintiffs filed a state court action against DBTCA in the Superior Court of California, Orange County with respect to 513 trusts. On May 18, 2016, plaintiffs filed an amended complaint with respect to 465 trusts, and included DBNTC as an additional defendant. The amended complaint asserts three causes of action: breach of contract; breach of fiduciary duty; and breach of the duty to avoid conflicts of interest. Plaintiffs purport to bring the action on behalf of themselves and all other current owners of certificates in the 465 trusts. The amended complaint alleges that the trusts at issue have suffered total realized collateral losses of U.S. $75.7 billion, but does not include a demand for money damages in a sum certain. On August 22, 2016, DBNTC and DBTCA filed a demurrer as to plaintiffs’ breach of fiduciary duty cause of action and breach of the duty to avoid conflicts of interest cause of action and motion to strike as to plaintiffs’ breach of contract cause of action. On September 12, 2016, plaintiffs filed oppositions to the demurrer and motion to strike of DBNTC and DBTCA. On October 3, 2016, DBNTC and DBTCA filed replies in further support of their demurrer and motion to strike. On October 18, 2016, the court granted DBNTC and DBTCA’s demurrer, providing plaintiffs with thirty days’ leave to amend, and denied DBNTC and DBTCA’s motion to strike. Discovery is ongoing.

On December 30, 2015, IKB International, S.A. in Liquidation and IKB Deutsche Industriebank A.G. (collectively, “IKB”), as an investor in 37 RMBS trusts, filed a summons with notice in the Supreme Court of the State of New York, New York County, against DBNTC and DBTCA as trustees of the trusts. On May 27, 2016, IKB served its complaint asserting claims for breach of contract, breach of fiduciary duty, breach of duty to avoid conflicts of interest, violation of New York’s Streit Act, violation of the Trust Indenture Act, violation of Regulation AB, and violation of Section 9 of the Uniform Commercial Code. IKB alleges that DBNTC and DBTCA are liable for over U.S. $268 million in damages. On October 5, 2016, DBNTC and DBTCA, together with several other trustees defending lawsuits by IKB, filed a joint motion to dismiss. On December 5, 2016, IKB filed its opposition to the joint motion to dismiss. Certain limited discovery is permitted to go forward while the motion to dismiss is pending.

It is DBTCA’s belief that it has no pending legal proceedings (including, based on DBTCA’s present evaluation, the litigation disclosed in the foregoing paragraphs) that would materially affect its ability to perform its duties as Trustee under the Pooling and Servicing Agreement for this transaction.

Item 3. Sales of Securities and Use of Proceeds.

None

Item 4. Defaults Upon Senior Securities.

None

Item 5. Submission of Matters to a Vote of Security Holders.

None

Item 6. Significant Obligors of Pool Assets.

With respect to the pool assets for Citigroup Commercial Mortgage Trust 2015-P1, there are no significant obligors within the meaning of Item 1101(k) of Regulation AB.


Item 7. Change in Sponsor Interest in Securities.

None

Item 8. Significant Enhancement Provider Information.

None

Item 9. Other Information.

None

Item 10. Exhibits.

(a) The following is a list of documents filed as part of this Form 10-D:

(99.1): Monthly report distributed to holders of the certificates issued by Citigroup Commercial Mortgage Trust 2015-P1, relating to the December 16, 2016 distribution.

(b) The exhibits required to be filed by the Registrant pursuant to this Form 10-D are listed above and in the Exhibit Index that immediately follows the signature page hereof.

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 thereunto duly authorized.

 

Citigroup Commercial Mortgage Securities Inc.
(Depositor)

/s/ Paul Vanderslice

Paul Vanderslice, President
Date: December 29, 2016

EXHIBIT INDEX

 

Exhibit
Number
   Description
Exhibit 99.1    Monthly report distributed to holders of the certificates issued by Citigroup Commercial Mortgage Trust 2015-P1, relating to the December 16, 2016 distribution.
EX-99.1 2 d281896dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

CONTACT INFORMATION

 

Depositor    Citigroup Commercial Mortgage Securities Inc.
Master Servicer    Wells Fargo Bank, National Association
Trustee    Deutsche Bank Trust Company Americas
Operating Advisor    Park Bridge Lender Services LLC
Certificate Administrator    Citibank, N.A.
Special Servicer    LNR Partners, LLC
Custodian    Wells Fargo Bank, National Association

CONTENTS

 

Distribution Summary - Active Certificates

     2   

Distribution Summary (Factors)

     3   

Interest Distribution Detail

     4   

Principal Distribution Detail

     5   

Reconciliation Detail

     6   

Other Information

     7   

Stratification Detail

     8   

Mortgage Loan Detail

     11   

Delinquency Loan Detail

     13   

Appraisal Reduction Detail

     15   

Loan Modification Detail

     17   

Specially Serviced Loan Detail

     19   

Unscheduled Principal Detail

     21   

Liquidated Loan Detail

     23   

CREFC Legends

     25   

 

Deal Contact:    John Hannon      Citibank, N.A.  
   john.hannon@citi.com      Agency and Trust  
   Tel: (212) 816-5693      388 Greenwich Street, 14th Floor  
   Fax: (212) 816-5527      New York, NY 10013  

 

Reports Available at sf.citidirect.com

  Page 1 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Distribution Summary - Active Certificates

DISTRIBUTION IN DOLLARS

 

Class

(1)

  Original
Balance
(2)
    Prior
Principal
Balance
(3)
    Pass-
Through
Rate
(4)
    Accrual
Day Count
Fraction
(5)
    Accrual
Dates
(6)
    Interest
Distributed
(7)
    Principal
Distributed
(8)
    PPP and YM
Distributed
(9)
    Total
Distributed
(10)=(7+8+9)
    Deferred
Interest
(11)
    Realized
Loss
(12)
    Current
Principal
Balance
(13)=(3-8+11-12)
 

Class A-1

    35,065,000.00        27,544,261.84        1.648000     30/360        11/01 - 11/30        37,827.45        540,048.80        0.00        577,876.25        0.00        0.00        27,004,213.04   

Class A-2

    55,289,000.00        55,289,000.00        3.039000     30/360        11/01 - 11/30        140,019.39        0.00        0.00        140,019.39        0.00        0.00        55,289,000.00   

Class A-3

    2,198,000.00        2,198,000.00        3.098000     30/360        11/01 - 11/30        5,674.50        0.00        0.00        5,674.50        0.00        0.00        2,198,000.00   

Class A-4

    200,000,000.00        200,000,000.00        3.462000     30/360        11/01 - 11/30        577,000.00        0.00        0.00        577,000.00        0.00        0.00        200,000,000.00   

Class A-5

    398,935,000.00        398,935,000.00        3.717000     30/360        11/01 - 11/30        1,235,701.16        0.00        0.00        1,235,701.16        0.00        0.00        398,935,000.00   

Class A-AB

    75,556,000.00        75,556,000.00        3.470000     30/360        11/01 - 11/30        218,482.77        0.00        0.00        218,482.77        0.00        0.00        75,556,000.00   

Class A-S

    71,226,000.00        71,226,000.00        4.033000     30/360        11/01 - 11/30        239,378.72        0.00        0.00        239,378.72        0.00        0.00        71,226,000.00   

Class B

    58,898,000.00        58,898,000.00        4.287573     30/360        11/01 - 11/30        210,441.21        0.00        0.00        210,441.21        0.00        0.00        58,898,000.00   

Class C

    52,049,000.00        52,049,000.00        4.340573     30/360        11/01 - 11/30        188,268.72        0.00        0.00        188,268.72        0.00        0.00        52,049,000.00   

Class D

    56,159,000.00        56,159,000.00        3.225000     30/360        11/01 - 11/30        150,927.31        0.00        0.00        150,927.31        0.00        0.00        56,159,000.00   

Class E

    23,285,000.00        23,285,000.00        4.340573     30/360        11/01 - 11/30        84,225.20        0.00        0.00        84,225.20        0.00        0.00        23,285,000.00   

Class F

    10,958,000.00        10,958,000.00        4.340573     30/360        11/01 - 11/30        39,636.66        0.00        0.00        39,636.66        0.00        0.00        10,958,000.00   

Class G

    56,158,641.00        56,158,641.00        4.340573     30/360        11/01 - 11/30        203,133.91        0.00        0.00        203,133.91        0.00        0.00        56,158,641.00   

CLass R

    0.00        0.00        0.000000     —          —          0.00        0.00        0.00        0.00        0.00        0.00        0.00   
 

 

 

   

 

 

         

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Totals

    1,095,776,641.00        1,088,255,902.84              3,330,717.00        540,048.80        0.00        3,870,765.80        0.00        0.00        1,087,715,854.04   
 

 

 

   

 

 

         

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Notional Classes

  

                   

Class X-A

    838,269,000.00        830,748,261.84        0.795695     30/360        11/01 - 11/30        550,851.99        0.00        0.00        550,851.99        0.00        0.00        830,208,213.04   

Class X-B

    58,898,000.00        58,898,000.00        0.053000     30/360        11/01 - 11/30        2,601.33        0.00        0.00        2,601.33        0.00        0.00        58,898,000.00   

Class X-D

    56,159,000.00        56,159,000.00        1.115573     30/360        11/01 - 11/30        52,207.87        0.00        0.00        52,207.87        0.00        0.00        56,159,000.00   
 

 

 

   

 

 

         

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Totals

    953,326,000.00        945,805,261.84              605,661.19        0.00        0.00        605,661.19        0.00        0.00        945,265,213.04   
 

 

 

   

 

 

         

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Non-Active Exchangeable Certificates

  

             

Class PEZ

    182,173,000.00        182,173,000.00        0.000000     30/360        11/01 - 11/30        0.00        0.00        0.00        0.00        0.00        0.00        182,173,000.00   

 

Reports Available at sf.citidirect.com   Page 2 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Distribution Summary (Factors)

PER $1,000 OF ORIGINAL BALANCE

 

Class

  CUSIP     Record
Date
    Prior
Principal
Balance
(3)/(2) x 1000
    Interest
Distributed
(7)/(2) x 1000
    Principal
Distributed
(8)/(2) x 1000
    PPP and YM
Distributed
(9)/(2) x 1000
    Total
Distributed
(10)/(2) x 1000
    Deferred
Interest
(11)/(2) x 1000
    Realized Loss
(12)/(2) x 1000
    Current
Principal
Balance
(14)/(2) x 1000
 

Class A-1

    17324DAQ7        11/30/2016        785.520087        1.078781        15.401363        0.000000        16.480144        0.000000        0.000000        770.118724   

Class A-2

    17324DAR5        11/30/2016        1,000.000000        2.532500        0.000000        0.000000        2.532500        0.000000        0.000000        1,000.000000   

Class A-3

    17324DAS3        11/30/2016        1,000.000000        2.581665        0.000000        0.000000        2.581665        0.000000        0.000000        1,000.000000   

Class A-4

    17324DAT1        11/30/2016        1,000.000000        2.885000        0.000000        0.000000        2.885000        0.000000        0.000000        1,000.000000   

Class A-5

    17324DAU8        11/30/2016        1,000.000000        3.097500        0.000000        0.000000        3.097500        0.000000        0.000000        1,000.000000   

Class A-AB

    17324DAV6        11/30/2016        1,000.000000        2.891667        0.000000        0.000000        2.891667        0.000000        0.000000        1,000.000000   

Class A-S

    17324DAW4        11/30/2016        1,000.000000        3.360833        0.000000        0.000000        3.360833        0.000000        0.000000        1,000.000000   

Class B

    17324DAX2        11/30/2016        1,000.000000        3.572977        0.000000        0.000000        3.572977        0.000000        0.000000        1,000.000000   

Class C

    17324DAY0        11/30/2016        1,000.000000        3.617144        0.000000        0.000000        3.617144        0.000000        0.000000        1,000.000000   

Class D

    17324DAA2        11/30/2016        1,000.000000        2.687500        0.000000        0.000000        2.687500        0.000000        0.000000        1,000.000000   

Class E

    U1744BAC5        11/30/2016        1,000.000000        3.617144        0.000000        0.000000        3.617144        0.000000        0.000000        1,000.000000   

Class F

    U1744BAD3        11/30/2016        1,000.000000        3.617144        0.000000        0.000000        3.617144        0.000000        0.000000        1,000.000000   

Class G

    U1744BAE1        11/30/2016        1,000.000000        3.617144        0.000000        0.000000        3.617144        0.000000        0.000000        1,000.000000   

CLass R

    17324DAN4        11/30/2016        0.000000        0.000000        0.000000        0.000000        0.000000        0.000000        0.000000        0.000000   

Class X-A

    17324DBA1        11/30/2016        991.028252        0.657130        0.000000        0.000000        0.657130        0.000000        0.000000        990.384009   

Class X-B

    17324DBB9        11/30/2016        1,000.000000        0.044167        0.000000        0.000000        0.044167        0.000000        0.000000        1,000.000000   

Class X-D

    17324DAL8        11/30/2016        1,000.000000        0.929644        0.000000        0.000000        0.929644        0.000000        0.000000        1,000.000000   

 

Reports Available at sf.citidirect.com   Page 3 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Interest Distribution Detail

DISTRIBUTION IN DOLLARS

 

Class

(1)

  Prior
Principal
Balance
(2)
    Pass-
Through
Rate
(3)
    Accrual
Day
Count
Fraction
    Optimal
Accrued
Interest
(6)
    Prior
Unpaid
Interest
(7)
    Interest on
Prior Unpaid
Interest
(8)
    Non-Recov.
Interest
Shortfall
(9)
    Interest
Due
(10)=(6)+(7)+(8)-(9)
    Deferred
Interest
(11)
    Interest
Distributed
(12)
    Current
Unpaid
Interest
(13)=(10)-(11)-(12)
 

Class A-1

    27,544,261.84        1.64800     30/360        37,827.45        0.00        0.00        0.00        37,827.45        0.00        37,827.45        0.00   

Class A-2

    55,289,000.00        3.03900     30/360        140,019.39        0.00        0.00        0.00        140,019.39        0.00        140,019.39        0.00   

Class A-3

    2,198,000.00        3.09800     30/360        5,674.50        0.00        0.00        0.00        5,674.50        0.00        5,674.50        0.00   

Class A-4

    200,000,000.00        3.46200     30/360        577,000.00        0.00        0.00        0.00        577,000.00        0.00        577,000.00        0.00   

Class A-5

    398,935,000.00        3.71700     30/360        1,235,701.16        0.00        0.00        0.00        1,235,701.16        0.00        1,235,701.16        0.00   

Class A-AB

    75,556,000.00        3.47000     30/360        218,482.77        0.00        0.00        0.00        218,482.77        0.00        218,482.77        0.00   

Class A-S

    71,226,000.00        4.03300     30/360        239,378.72        0.00        0.00        0.00        239,378.72        0.00        239,378.72        0.00   

Class B

    58,898,000.00        4.28757     30/360        210,441.21        0.00        0.00        0.00        210,441.21        0.00        210,441.21        0.00   

Class C

    52,049,000.00        4.34057     30/360        188,268.72        0.00        0.00        0.00        188,268.72        0.00        188,268.72        0.00   

Class D

    56,159,000.00        3.22500     30/360        150,927.31        0.00        0.00        0.00        150,927.31        0.00        150,927.31        0.00   

Class E

    23,285,000.00        4.34057     30/360        84,225.20        0.00        0.00        0.00        84,225.20        0.00        84,225.20        0.00   

Class F

    10,958,000.00        4.34057     30/360        39,636.66        0.00        0.00        0.00        39,636.66        0.00        39,636.66        0.00   

Class G

    56,158,641.00        4.34057     30/360        203,133.88        0.21        0.00        0.00        203,134.09        0.00        203,133.91        0.18   

CLass R

    0.00        0.00000     —          0.00        0.00        0.00        0.00        0.00        0.00        0.00        0.00   
 

 

 

       

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Totals

    1,088,255,902.84            3,330,716.97        0.21        0.00        0.00        3,330,717.18        0.00        3,330,717.00        0.18   
 

 

 

       

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Notional Classes

  

                   

Class X-A

    830,748,261.84        0.79570     30/360        550,851.99        0.00        0.00        0.00        550,851.99        0.00        550,851.99        0.00   

Class X-B

    58,898,000.00        0.05300     30/360        2,601.33        0.00        0.00        0.00        2,601.33        0.00        2,601.33        0.00   

Class X-D

    56,159,000.00        1.11557     30/360        52,207.87        0.00        0.00        0.00        52,207.87        0.00        52,207.87        0.00   
 

 

 

       

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Totals

    945,805,261.84            605,661.19        0.00        0.00        0.00        605,661.19        0.00        605,661.19        0.00   
 

 

 

       

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

Reports Available at sf.citidirect.com   Page 4 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Principal Distribution Detail

DISTRIBUTION IN DOLLARS

 

Class (1)

  Original
Balance
(2)
    Prior
Principal
Balance
(3)
    Scheduled
Principal
Distribution
(4)
    Unscheduled
Principal
Distribution
(5)
    Accreted
Principal
(6)
    Current
Realized
Loss
(7)
    Current
Principal
Recoveries
(8)
    Current
Principal  Balance
(9)=(3)-(4)-(5)+(6)-(7)+(8)
    Cumulative
Realized
Loss
(10)
    Original
Class
(%)
(11)
    Current
Class
(%)
(12)
    Original
Credit
Support
(13)
    Current
Credit
Support
(14)
 

Class A-1

    35,065,000.00        27,544,261.84        540,048.80        0.00        0.00        0.00        0.00        27,004,213.04        0.00        3.20     2.48     30.00     30.22

Class A-2

    55,289,000.00        55,289,000.00        0.00        0.00        0.00        0.00        0.00        55,289,000.00        0.00        5.05     5.08     30.00     30.22

Class A-3

    2,198,000.00        2,198,000.00        0.00        0.00        0.00        0.00        0.00        2,198,000.00        0.00        0.20     0.20     30.00     30.22

Class A-4

    200,000,000.00        200,000,000.00        0.00        0.00        0.00        0.00        0.00        200,000,000.00        0.00        18.25     18.39     30.00     30.22

Class A-5

    398,935,000.00        398,935,000.00        0.00        0.00        0.00        0.00        0.00        398,935,000.00        0.00        36.41     36.68     30.00     30.22

Class A-AB

    75,556,000.00        75,556,000.00        0.00        0.00        0.00        0.00        0.00        75,556,000.00        0.00        6.90     6.95     30.00     30.22

Class A-S

    71,226,000.00        71,226,000.00        0.00        0.00        0.00        0.00        0.00        71,226,000.00        0.00        6.50     6.55     23.50     23.67

Class B

    58,898,000.00        58,898,000.00        0.00        0.00        0.00        0.00        0.00        58,898,000.00        0.00        5.38     5.41     18.13     18.26

Class C

    52,049,000.00        52,049,000.00        0.00        0.00        0.00        0.00        0.00        52,049,000.00        0.00        4.75     4.79     13.38     13.47

Class D

    56,159,000.00        56,159,000.00        0.00        0.00        0.00        0.00        0.00        56,159,000.00        0.00        5.13     5.16     8.25     8.31

Class E

    23,285,000.00        23,285,000.00        0.00        0.00        0.00        0.00        0.00        23,285,000.00        0.00        2.13     2.14     6.13     6.17

Class F

    10,958,000.00        10,958,000.00        0.00        0.00        0.00        0.00        0.00        10,958,000.00        0.00        1.00     1.01     5.13     5.16

Class G

    56,158,641.00        56,158,641.00        0.00        0.00        0.00        0.00        0.00        56,158,641.00        0.00        5.13     5.16     0.00     0.00
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

     

Totals

    1,095,776,641.00        1,088,255,902.84        540,048.80        0.00        0.00        0.00        0.00        1,087,715,854.04        0.00        100.00     100.00    
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

     

 

Reports Available at sf.citidirect.com   Page 5 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Reconciliation Detail

SOURCE OF FUNDS

 

Interest Funds Available

     

Scheduled Interest

     3,955,016.12      

Prepayment Interest Shortfall

     0.00      

Interest Adjustments

     0.00      

Realized Loss in Excess of Principal Balance

     0.00      
  

 

 

    

Total Interest Funds Available:

        3,955,016.12   

Principal Funds Available

     

Scheduled Principal

     540,048.80      

Curtailments

     0.00      

Principal Prepayments

     0.00      

Net Liquidation Proceeds

     0.00      

Repurchased Principal

     0.00      

Substitution Principal

     0.00      

Other Principal

     0.00      
  

 

 

    

Total Principal Funds Available:

        540,048.80   

Other Funds Available

     

Yield Maintenance Charges

     0.00      

Withdrawal of Withheld Amounts from the Interest Reserve Account

     0.00      

Deposit of Withheld Amounts to the Interest Reserve Account

     0.00      
  

 

 

    

Total Other Funds Available:

        0.00   
     

 

 

 

Total Funds Available

        4,495,064.92   
     

 

 

 

ALLOCATION OF FUNDS

 

Scheduled Fees

     

Servicing Fee

     13,804.30      

Trustee/Certificate Administrator Fee

     2,448.54      

Operating Advisor Fee

     1,206.15      

Custodian Fee

     725.50      

CREFC® Intellectual Property Royalty License Fee

     453.44      
  

 

 

    

Total Scheduled Fees:

        18,637.93   

Additional Fees, Expenses, etc.

     

Additional Servicing Fee

     0.00      

Special Servicing Fee

     0.00      

Work-out Fee

     0.00      

Liquidation Fee

     0.00      

Trust Fund Expenses

     0.00      

Trust Advisor Expenses

     0.00      

Reimbursement of Interest on Advances to the Servicer

     0.00      

Borrower Reimbursable Trust Fund Expenses

     0.00      

Other Expenses

     0.00      
  

 

 

    

Total Additional Fees, Expenses, etc.:

        0.00   

Distributions

     

Interest Distribution

     3,936,378.19      

Principal Distribution

     540,048.80      

Yield Maintenance Charge Distribution

     0.00      
  

 

 

    

Total Distributions:

        4,476,426.99   
     

 

 

 

Total Funds Allocated

        4,495,064.92   
     

 

 

 

 

Reports Available at sf.citidirect.com   Page 6 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Other Information

 

Interest Reserve Account Information

  

Beginning Interest Reserve Account Balance

     0.00   

Deposit of Withheld Amounts to the Interest Reserve Account

     0.00   

Withdrawal of Withheld Amounts from the Interest Reserve Account

     0.00   

Ending Interest Reserve Account Balance

     0.00   

Excess Liquidation Proceeds Reserve Account Information

  

Beginning Excess Liquidation Proceeds Reserve Account Balance

     0.00   

Deposit to the Excess Liquidation Proceeds Reserve Account

     0.00   

Withdrawal from the Excess Liquidation Proceeds Reserve Account

     0.00   

Ending Excess Liquidation Proceeds Reserve Account Balance

     0.00   

Controlling Class Information

  

The Controlling Class is Class G.

  

The Controlling Class Representative is Raith Capital Partners, LLC.

  

There Are No Disclosable Special Servicer Fees.

  

 

Reports Available at sf.citidirect.com   Page 7 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Stratification Detail

Ending Scheduled Balance

 

Ending Sched    # of      Ending Sched      % of Agg                    Wtd Avg  

Balance

   Loans      Balance      Balance      WAC      WAM      DSCR  

1 to 5,000,000

     11         30,729,792.99         2.83         4.6864         101         2.558660   

5,000,001 to 10,000,000

     8         69,045,227.94         6.35         4.4090         95         2.098609   

10,000,001 to 15,000,000

     5         56,373,450.39         5.18         4.2705         102         2.921602   

15,000,001 to 20,000,000

     4         72,664,560.09         6.68         4.3139         103         1.759022   

20,000,001 to 25,000,000

     3         69,998,149.28         6.44         4.1534         103         1.818258   

25,000,001 to 30,000,000

     1         29,397,941.47         2.70         4.5000         102         1.528700   

30,000,001 to 35,000,000

     3         99,076,095.94         9.11         4.4288         103         2.193049   

35,000,001 to 40,000,000

     1         35,250,000.00         3.24         4.5500         105         1.862900   

40,000,001 to 45,000,000

     2         87,693,546.40         8.06         4.1125         72         3.468766   

45,000,001 to 50,000,000

     0         0.00         0.00         0.0000         0         0.000000   

50,000,001 to 55,000,000

     1         55,000,000.00         5.06         4.6000         103         1.330000   

55,000,001 to 60,000,000

     1         60,000,000.00         5.52         4.4600         103         1.780800   

60,000,001 to 65,000,000

     1         64,000,000.00         5.88         4.3700         104         1.667600   

65,000,001 to 70,000,000

     0         0.00         0.00         0.0000         0         0.000000   

70,000,001 to 75,000,000

     1         73,487,090.39         6.76         4.6200         105         2.055300   

75,000,001 to 80,000,000

     0         0.00         0.00         0.0000         0         0.000000   

80,000,001 to 85,000,000

     0         0.00         0.00         0.0000         0         0.000000   

85,000,001 to 90,000,000

     1         90,000,000.00         8.27         4.3900         102         1.681900   

90,000,001 or Greater

     2         195,000,000.00         17.93         4.2221         108         2.089467   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Totals

     45         1,087,715,854.89         100.00         4.3611         101         2.088757   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

(When current DSCR is not available, the most currently provided DSCR will be used.)

State

 

     # of      Ending Sched      % of Agg                    Wtd Avg  

State

   Loans      Balance      Balance      WAC      WAM      DSCR  

Alabama

     1         2,201,111.46         0.20         4.8600         102         1.544900   

Arizona

     1         2,228,107.87         0.20         4.8100         104         1.332700   

California

     10         260,467,093.99         23.95         4.4099         100         1.850449   

Colorado

     3         13,668,667.52         1.26         4.5300         103         1.638813   

Florida

     7         227,165,978.16         20.88         4.4029         103         1.290496   

Illinois

     1         12,500,000.00         1.15         4.3700         103         1.868600   

Indiana

     1         18,908,856.59         1.74         4.4700         104         1.273400   

Michigan

     2         3,432,413.38         0.32         4.9748         104         1.811093   

New Jersey

     2         29,855,703.50         2.74         4.3072         104         1.722407   

Nevada

     2         21,541,680.18         1.98         4.2915         102         1.951916   

New York

     1         100,000,000.00         9.19         4.1100         113         3.498000   

Oregon

     2         48,205,930.13         4.43         4.4667         104         1.785416   

Tennessee

     2         83,357,090.39         7.66         4.6093         105         2.038321   

Texas

     4         53,818,185.44         4.95         4.5008         103         2.839808   

Virginia

     1         33,750,000.00         3.10         4.3400         103         1.805100   

Washington

     2         33,921,489.88         3.12         3.5782         101         3.657642   

West Virginia

     1         55,000,000.00         5.06         4.6000         103         1.330000   

Various

     2         87,693,546.40         8.06         4.1125         72         3.468766   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Totals

     45         1,087,715,854.89         100.00         4.3611         101         2.088757   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

Reports Available at sf.citidirect.com   Page 8 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Stratification Detail

Seasoning

 

Seasoning

   # of
Loans
     Ending Sched
Balance
     % of Agg
Balance
     WAC      WAM      Wtd Avg
DSCR
 

12 Months or Less

     0         0.00         0.00         0.0000         0         0.000000   

13 to 24 Months

     45         1,087,715,854.89         100.00         4.3611         101         2.088757   

25 to 36 Months

     0         0.00         0.00         0.0000         0         0.000000   

37 to 48 Months

     0         0.00         0.00         0.0000         0         0.000000   

49 Months or Greater

     0         0.00         0.00         0.0000         0         0.000000   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Totals

     45         1,087,715,854.89         100.00         4.3611         101         2.088757   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Debt Service Coverage Ratio

 

Debt Service    # of      Ending Sched      % of Agg                    Wtd Avg  

Coverage Ratio

   Loans      Balance      Balance      WAC      WAM      DSCR  

1.250 or Less

     1         95,000,000.00         8.73         4.3400         103         0.606800   

1.251 to 1.500

     9         133,163,966.79         12.24         4.5775         103         1.345159   

1.501 to 1.750

     13         337,292,972.64         31.01         4.3515         103         1.668903   

1.751 to 2.000

     8         177,224,159.54         16.29         4.4288         103         1.836791   

2.001 to 2.250

     5         133,542,244.15         12.28         4.5016         104         2.051518   

2.251 to 2.500

     1         3,750,000.00         0.34         4.7000         103         2.323300   

2.501 to 2.750

     1         1,203,593.55         0.11         5.2800         105         2.518100   

2.751 to 3.000

     1         9,740,923.86         0.90         3.9500         42         2.897200   

3.001 to 3.250

     0         0.00         0.00         0.0000         0         0.000000   

3.251 to 3.500

     2         109,000,000.00         10.02         4.1257         112         3.484219   

3.501 to 3.750

     1         31,000,000.00         2.85         4.4800         103         3.537400   

3.751 to 4.000

     0         0.00         0.00         0.0000         0         0.000000   

4.001 or Greater

     3         56,797,994.36         5.22         3.8208         54         6.046001   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Totals

     45         1,087,715,854.89         100.00         4.3611         101         2.088757   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

(When current DSCR is not available, the most currently provided DSCR will be used.)

Property Type

 

Property    # of      Ending Sched      % of Agg                    Wtd Avg  

Type

   Loans      Balance      Balance      WAC      WAM      DSCR  

Other

     3         133,092,441.47         12.24         4.2515         82         2.870626   

Multifamily

     5         107,409,112.07         9.87         4.4858         104         1.613158   

Retail

     15         262,382,458.15         24.12         4.3267         101         1.687282   

Industrial

     2         17,628,107.87         1.62         4.4780         104         1.971567   

Mobile Home Park

     1         43,999,046.40         4.05         4.4250         103         1.680000   

Office

     7         241,869,956.03         22.24         4.2827         107         2.440224   

Mixed Use

     1         24,125,000.00         2.22         4.5600         104         1.731900   

Lodging

     5         232,445,738.51         21.37         4.4305         103         1.929193   

Self Storage

     6         24,763,994.39         2.28         4.4991         103         3.425526   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Totals

     45         1,087,715,854.89         100.00         4.3611         101         2.088757   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Loan Rate

 

Loan    # of      Ending Sched      % of Agg                    Wtd Avg  

Rate (%)

   Loans      Balance      Balance      WAC      WAM      DSCR  

4.00 or Less

     4         87,356,913.74         8.03         3.7295         64         4.379322   

4.01 to 4.25

     4         151,311,633.63         13.91         4.1415         109         2.922147   

4.26 to 4.50

     19         592,004,589.03         54.43         4.4002         103         1.687449   

4.51 to 4.75

     12         237,314,593.25         21.82         4.5945         104         1.761151   

4.76 to 5.00

     5         18,524,531.69         1.70         4.8374         104         1.473758   

5.01 to 5.25

     0         0.00         0.00         0.0000         0         0.000000   

5.26 to 5.50

     1         1,203,593.55         0.11         5.2800         105         2.518100   

5.51 to 5.75

     0         0.00         0.00         0.0000         0         0.000000   

5.76 to 6.00

     0         0.00         0.00         0.0000         0         0.000000   

6.01 to 6.25

     0         0.00         0.00         0.0000         0         0.000000   

6.26 to 6.50

     0         0.00         0.00         0.0000         0         0.000000   

6.51 to 6.75

     0         0.00         0.00         0.0000         0         0.000000   

6.76 to 7.00

     0         0.00         0.00         0.0000         0         0.000000   

7.01 or Greater

     0         0.00         0.00         0.0000         0         0.000000   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Totals

     45         1,087,715,854.89         100.00         4.3611         101         2.088757   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

Reports Available at sf.citidirect.com   Page 9 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Stratification Detail

Anticipated Remaining Term

 

Anticipated    # of      Ending Sched      % of Agg                    Wtd Avg  

Remaining Term

   Loans      Balance      Balance      WAC      WAM      DSCR  

60 Months or Less

     2         53,435,423.86         4.91         3.8256         40         4.837454   

61 to 90 Months

     1         2,450,261.84         0.23         4.6900         69         1.393800   

91 Months or Greater

     42         1,031,830,169.19         94.86         4.3881         104         1.948061   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Totals

     45         1,087,715,854.89         100.00         4.3611         101         2.088757   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

(When current DSCR is not available, the most currently provided DSCR will be used.)

Remaining Amortization Term

 

Remaining    # of      Ending Sched      % of Agg                    Wtd Avg  

Amortization Term

   Loans      Balance      Balance      WAC      WAM      DSCR  

240 Months or Less

     5         214,294,500.00         19.70         4.2361         90         2.115866   

241 to 270 Months

     0         0.00         0.00         0.0000         0         0.000000   

271 to 300 Months

     2         3,432,413.38         0.32         4.9748         104         1.811093   

301 Months or Greater

     38         869,988,941.51         79.98         4.3895         103         2.083176   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Totals

     45         1,087,715,854.89         100.00         4.3611         101         2.088757   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

Reports Available at sf.citidirect.com   Page 10 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Mortgage Loan Detail

 

Loan
Number

   OMCR      Prop
Type
(1)
   City    State    Interest
Payment
     Principal
Payment
     Gross
Coupon
    Maturity
Date
     Neg
Am
Flag
   Beginning
Scheduled
Balance
     Ending
Scheduled
Balance
     Paid
Through
Date
     Appraisal
Reduction
Date
   Appraisal
Reduction
Amount
     Payment
Status
(2)
     Workout
Strategy
(3)
     Mod
Type
(4)
 

304101429

     001       OF    New York    NY      342,500.00         0.00         4.11000     5/6/26       N      100,000,000.00         100,000,000.00         12/6/16       N/A      0.00         0         0         0   

304360002

     002       LO    Miami Beach    FL      343,583.33         0.00         4.34000     7/6/25       N      95,000,000.00         95,000,000.00         12/6/16       N/A      0.00         0         0         0   

304360003

     003       OF    Oakland    CA      329,250.00         0.00         4.39000     6/6/25       N      90,000,000.00         90,000,000.00         12/6/16       N/A      0.00         0         0         0   

610930148

     004       LO    Nashville    TN      283,318.24         102,062.00         4.62000     8/11/25       N      73,589,152.39         73,487,090.39         12/11/16       N/A      0.00         0         0         0   

304360005

     005       RT    San Diego    CA      233,066.67         0.00         4.37000     8/1/25       N      64,000,000.00         64,000,000.00         12/1/16       N/A      0.00         0         0         0   

304360006

     006       N/A    Weston    FL      223,000.00         0.00         4.46000     7/6/25       N      60,000,000.00         60,000,000.00         12/6/16       N/A      0.00         0         0         0   

304360007

     007       RT    Morgantown    WV      210,833.33         0.00         4.60000     7/1/25       N      55,000,000.00         55,000,000.00         12/1/16       N/A      0.00         0         0         0   

304360008

     008       MH    Various    XX      162,480.74         63,526.70         4.42500     7/6/25       N      44,062,573.10         43,999,046.40         11/6/16       N/A      0.00         B         0         0   

304360009

     009       N/A    Various    XX      138,288.72         0.00         3.79788     4/6/20       N      43,694,500.00         43,694,500.00         12/6/16       N/A      0.00         0         0         0   

310930142

     010       MF    Medford    OR      133,656.25         0.00         4.55000     8/11/25       N      35,250,000.00         35,250,000.00         12/11/16       N/A      0.00         0         0         0   

304360011

     011       MF    Davis    CA      128,047.88         49,173.54         4.47000     7/6/25       N      34,375,269.48         34,326,095.94         12/6/16       N/A      0.00         0         0         0   

304360012

     012       RT    Manassas    VA      122,062.50         0.00         4.34000     7/1/25       N      33,750,000.00         33,750,000.00         12/1/16       N/A      0.00         0         0         0   

304360013

     013       LO    Dallas    TX      115,733.33         0.00         4.48000     7/1/25       N      31,000,000.00         31,000,000.00         12/1/16       N/A      0.00         0         0         0   

304360014

     014       N/A    Various    FL      110,400.20         42,112.08         4.50000     6/5/25       N      29,440,053.55         29,397,941.47         12/5/16       N/A      0.00         0         0         0   

304360015

     015       RT    Lynnwood    WA      68,071.65         63,423.23         3.47875     6/1/25       N      23,481,418.75         23,417,995.52         12/1/16       N/A      0.00         0         0         0   

304360016

     016       MU    Brea    CA      91,675.00         0.00         4.56000     8/5/25       N      24,125,000.00         24,125,000.00         12/5/16       N/A      0.00         0         0         0   

304360017

     017       LO    Dania Beach    FL      82,829.96         32,616.93         4.42000     6/1/25       N      22,487,770.69         22,455,153.76         12/1/16       N/A      0.00         0         0         0   

304360018

     018       RT    Milltown    NJ      69,598.81         29,671.68         4.20000     8/1/25       N      19,885,375.18         19,855,703.50         12/1/16       N/A      0.00         0         0         0   

304360019

     019       MF    Columbus    IN      70,535.92         26,961.11         4.47000     8/5/25       N      18,935,817.70         18,908,856.59         12/5/16       N/A      0.00         0         0         0   

304360020

     020       RT    Henderson    NV      64,441.67         0.00         4.18000     5/1/25       N      18,500,000.00         18,500,000.00         12/1/16       N/A      0.00         0         0         0   

310928527

     021       IN    Sacramento    CA      56,851.67         0.00         4.43000     7/11/25       N      15,400,000.00         15,400,000.00         12/11/16       N/A      0.00         0         0         0   

304360022

     022       OF    Portland    OR      45,846.53         19,503.64         4.24000     5/1/25       N      12,975,433.77         12,955,930.13         12/1/16       N/A      0.00         0         0         0   

304360023

     023       OF    Chicago    IL      45,520.83         0.00         4.37000     7/1/25       N      12,500,000.00         12,500,000.00         12/1/16       N/A      0.00         0         0         0   

304360024

     024       LO    Seattle    WA      33,315.29         17,124.59         3.80000     4/1/25       N      10,520,618.95         10,503,494.36         12/1/16       N/A      0.00         0         0         0   

304360025

     025       RT    Weston    FL      36,920.00         0.00         4.26000     6/1/25       N      10,400,000.00         10,400,000.00         12/1/16       N/A      0.00         0         0         0   

304360026

     026       OF    Austin    TX      39,192.10         13,803.08         4.69000     7/1/25       N      10,027,828.98         10,014,025.90         12/1/16       N/A      0.00         0         0         0   

304360027

     027       OF    Eatontown    NJ      37,666.67         0.00         4.52000     7/5/25       N      10,000,000.00         10,000,000.00         12/5/16       N/A      0.00         0         0         0   

 

Reports Available at sf.citidirect.com   Page 11 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Mortgage Loan Detail

 

Loan
Number

  OMCR     Prop
Type
(1)
  City   State   Interest
Payment
    Principal
Payment
    Gross
Coupon
    Maturity
Date
    Neg
Am
Flag
  Beginning
Scheduled
Balance
    Ending
Scheduled
Balance
    Paid
Through
Date
    Appraisal
Reduction
Date
  Appraisal
Reduction
Amount
    Payment
Status
(2)
    Workout
Strategy
(3)
    Mod
Type
(4)
 

304360028

    028      RT   Torrance   CA     32,114.37        15,339.35        3.95000     6/1/20      N     9,756,263.21        9,740,923.86        12/1/16      N/A     0.00        0        0        0   

310929658

    029      MF   Nashville   TN     37,259.25        0.00        4.53000     8/11/25      N     9,870,000.00        9,870,000.00        12/11/16      N/A     0.00        0        0        0   

610929595

    030      MF   El Paso   TX     32,341.23        13,473.92        4.28000     6/11/25      N     9,067,633.46        9,054,159.54        12/11/16      N/A     0.00        0        0        0   

304101412

    031      SS   Alameda   CA     32,250.00        0.00        4.30000     7/6/25      N     9,000,000.00        9,000,000.00        12/6/16      N/A     0.00        0        0        0   

304360032

    032      RT   Fairfield   CA     35,346.74        11,873.14        4.80000     8/1/25      N     8,836,685.49        8,824,812.35        12/1/16      N/A     0.00        0        0        0   

304101409

    033      OF   Fort
Myers
  FL     23,360.00        0.00        4.38000     7/6/25      N     6,400,000.00        6,400,000.00        12/6/16      N/A     0.00        0        0        0   

304360034

    034      RT   Colorado
Springs
  CO     23,526.04        8,695.30        4.58000     6/1/25      N     6,164,027.49        6,155,332.19        12/1/16      N/A     0.00        0        0        0   

410928722

    035      RT   Longmont   CO     14,097.87        5,500.98        4.43000     7/11/25      N     3,818,836.31        3,813,335.33        12/11/16      N/A     0.00        0        0        0   

304101417

    036      SS   Various   TX     14,687.50        0.00        4.70000     7/6/25      N     3,750,000.00        3,750,000.00        12/6/16      N/A     0.00        0        0        0   

310929478

    037      SS   Highlands
Ranch
  CO     14,029.17        0.00        4.55000     7/11/25      N     3,700,000.00        3,700,000.00        12/11/16      N/A     0.00        0        0        0   

410929362

    038      SS   Orlando   FL     13,692.49        5,529.72        4.67000     7/11/25      N     3,518,412.65        3,512,882.93        12/11/16      N/A     0.00        0        0        0   

410929829

    039      RT   Henderson   NV     12,614.07        3,970.61        4.97000     8/11/25      N     3,045,650.79        3,041,680.18        12/11/16      N/A     0.00        0        0        0   

410928483

    040      SS   Pasadena   CA     9,295.00        0.00        4.29000     7/11/25      N     2,600,000.00        2,600,000.00        12/11/16      N/A     0.00        0        0        0   

410929917

    041      RT   Pacific
Palisades
  CA     9,589.58        3,361.34        4.69000     8/11/22      N     2,453,623.18        2,450,261.84        12/11/16      N/A     0.00        0        0        0   

410929419

    042      RT   Lake
Orion
  MI     8,950.85        4,241.35        4.81000     6/11/25      N     2,233,061.18        2,228,819.83        12/11/16      N/A     0.00        0        0        0   

610929887

    043      IN   Scottsdale   AZ     8,943.05        3,006.84        4.81000     7/11/25      N     2,231,114.71        2,228,107.87        12/11/16      N/A     0.00        0        0        0   

304360044

    044      SS   Saraland   AL     8,926.49        2,960.22        4.86000     6/6/25      N     2,204,071.68        2,201,111.46        12/6/16      N/A     0.00        0        0        0   

410929522

    045      RT   Livonia   MI     5,305.13        2,117.45        5.28000     8/11/25      N     1,205,711.00        1,203,593.55        12/11/16      N/A     0.00        0        0        0   
 

 

 

         

 

 

   

 

 

         

 

 

   

 

 

       

 

 

       

Totals

    45              3,955,016.12        540,048.80              1,088,255,903.69        1,087,715,854.89            0.00         
 

 

 

         

 

 

   

 

 

         

 

 

   

 

 

       

 

 

       

 

Reports Available at sf.citidirect.com   Page 12 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Delinquency Loan Detail

 

Loan
Number

  OMCR     # of Months
Delinq
    Actual
Principal
Balance
    Paid
Through
Date
    Current P&I
Advances
(Net of ASER)
    Total P&I
Advances
Outstanding
    Cumulative
Accrued Unpaid
Interest Advances
    Other Expense
Advances
Outstanding
    Payment
Status
(2)
    Workout
Strategy
(3)
    Most Recent
Special Serv
Transfer Date
    Foreclosure
Date
    Bankruptcy
Date
    REO
Date
 

304360008

    008        <1        44,062,573.10        11/6/16        226,007.44        225,823.84        0.00        0.00        B        0           

 

Reports Available at sf.citidirect.com   Page 13 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Historical Delinquency Information

 

Distribution   Less Than 1 Month     1 Month     2 Months     3 Months     4+ Months     Bankruptcy     Foreclosure     REO  

Date

  End Sched Bal     #     End Sched Bal     #     End Sched Bal     #     End Sched Bal     #     End Sched Bal     #     End Sched Bal     #     End Sched Bal     #     End Sched Bal     #  

12/16/2016

    43,999,046.40        1        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0   
    4.045     2.2     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0

11/18/2016

    44,062,573.10        1        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0   
    4.049     2.2     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0

10/17/2016

    67,661,525.73        2        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0   
    6.215     4.4     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0

09/16/2016

    44,183,543.81        1        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0   
    4.056     2.2     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0

08/17/2016

    44,240,974.70        1        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0   
    4.060     2.2     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0

07/15/2016

    44,298,187.59        1        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0   
    4.063     2.2     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0

06/17/2016

    44,360,615.26        1        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0   
    4.067     2.2     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0

05/17/2016

    44,417,374.00        1        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0   
    4.070     2.2     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0

04/15/2016

    44,479,363.79        1        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0   
    4.074     2.2     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0

03/17/2016

    44,535,671.76        1        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0   
    4.077     2.2     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0

02/18/2016

    44,602,689.20        1        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0   
    4.081     2.2     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0

01/15/2016

    0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0        0.00        0   
    0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0     0.000     0.0

 

Reports Available at sf.citidirect.com   Page 14 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Appraisal Reduction Detail

 

                   Appraisal      Appraisal      Most Recent      Cumulative

Loan Number

   OMCR      Property Name      Reduction Amount      Reduction Date      ASER Amount     

ASER Amount

There is no appraisal reduction activity for the current distribution period.

Totals

                 

 

Reports Available at sf.citidirect.com   Page 15 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Historical Appraisal Reduction Detail

 

Distribution Date

   Loan
Number
   OMCR    Property Name    Appraisal
Reduction Amount
   Appraisal
Reduction Date
   Most Recent
ASER Amount
   Cumulative
ASER Amount
There is no historical appraisal reduction activity.

 

Reports Available at sf.citidirect.com   Page 16 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Loan Modification Detail

 

Loan Number

   OMCR      Property Name      Modification
Date
     Modification
Type (4)
    

Modification
Description

There is no loan modification activity for the current distribution period.

Totals

              

 

Reports Available at sf.citidirect.com   Page 17 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Historical Loan Modification Detail

 

Distribution Date

   Loan Number    OMCR    Property Name    Modification
Date
   Modification
Type (4)
   Modification
Description
There is no historical loan modification activity.

 

Reports Available at sf.citidirect.com   Page 18 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Specially Serviced Loan Detail

 

Loan Number

   OMCR      Workout
Strategy
(3)
     Most Recent
Inspection
Date
     Most Recent
Specially Serviced
Transfer Date
     Most Recent
Valuation Date
     Most Recent
Value
     Other REO
Property Value
    

Comment from Special Servicer

There is no specially serviced loan activity for the current distribution period.

Totals

                       

 

Reports Available at sf.citidirect.com   Page 19 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Historical Specially Serviced Loan Detail

 

Distribution Date

   Loan
Number
  OMCR   Special
Serviced
Trans Date
  Workout
Strategy
(3)
  Special
Serviced
Loan to MS
  Scheduled
Balance
  Actual
Balance
  Property
Type
(1)
  State   Interest
Rate
  Note
Date
  Net Operating
Income (NOI)
  DSCR   Maturity
Date
  WART
There is no historical specially serviced loan activity.

 

Reports Available at sf.citidirect.com   Page 20 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Unscheduled Principal Detail

 

Loan
Number

  OMCR     Liquidation /
Prepayment Date
    Liquid / Prepay
Type (5)
    Unscheduled
Principal Collections
    Unscheduled
Principal Adjustments
    Other
Interest Adjustments
    Prepayment Interest
Excess / (Shortfall)
    Prepayment
Penalties
    Yield Maintenance
Penalties
 
There is no unscheduled principal activity for the current distribution period.   

Totals

                 

 

Reports Available at sf.citidirect.com   Page 21 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Historical Unscheduled Principal Detail

 

Distribution
Date

  Loan
Number
    OMCR     Liquidation /
Prepayment Date
    Liquid / Prepay
Type (5)
    Unscheduled
Principal Collections
    Unscheduled
Principal Adjustments
    Other
Interest Adjustments
    Prepayment Interest
Excess / (Shortfall)
    Prepayment
Penalties
    Yield Maintenance
Penalties
 

10/19/15

    304360015        015          0        0.00        0.00          0.00        0.00        0.00   

 

Reports Available at sf.citidirect.com   Page 22 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Liquidated Loan Detail

 

Loan
Number

  OMCR     Final Recovery
Determ Date
    Most Recent
Appraisal Date
    Most Recent
Appraisal Value
    Actual
Balance
    Gross
Proceeds
    Proceeds
as % of Act Bal
    Liquidation
Expenses
    Net Liquidation
Proceeds
    Net Proceeds
as a % of Act Bal
    Realized
Losses
    Repurchased by
Seller (Y/N)
 
There is no liquidated loan activity for the current distribution period.   

Totals

                       

 

Reports Available at sf.citidirect.com   Page 23 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

Historical Liquidated Loan Detail

 

Distribution
Date

 

Loan
Number

 

OMCR

 

Final Recovery
Determ Date

 

Most Recent
Appraisal Date

 

Most Recent
Appraisal Value

 

Actual
Balance

 

Gross
Proceeds

 

Gross Proceeds
as % of Act Bal

 

Liquidation
Expenses

 

Net Liquidation
Proceeds

 

Net Proceeds
as a % of Act Bal

 

Realized
Loss

 

Repurchased by
Seller (Y/N)

There is no historical liquidated loan activity.

 

Reports Available at sf.citidirect.com   Page 24 of 25   © Copyright 2016 Citigroup


Distribution Date: 12/16/2016

Determination Date: 12/12/2016

 

Citigroup Commercial Mortgage Trust 2015-P1

Commercial Mortgage Pass-Through Certificates

Series 2015-P1

  LOGO

 

CREFC® Legends

 

(1) Property Type

  

(3) Workout Strategy

  

(5) Liquidation / Prepayment Type

MF = Multifamily    1. Modification    1. Partial Liquidation (Curtailment)
RT = Retail    2. Foreclosure    2. Payoff Prior To Maturity
HC = HealthCare    3. Bankruptcy    3. Disposition / Liquidation
IN = Industrial    4. Extension    4. Repurchase / Substitution
WH = Warehouse    5. Note Sale    5. Full Payoff At Maturity
MH = Mobile Home Park    6. DPO    6. DPO
OF = Office    7. REO    7. Not Used
MU = Mixed Use    8. Resolved    8. Payoff With Penalty
LO = Lodging    9. Pending Return to Master Servicer    9. Payoff With Yield Maintenance
SS = Self Storage    10. Deed In Lieu of Foreclosure    10. Curtailment With Penalty
OT = Other    11. Full Payoff    11. Curtailment With Yield Maintenance
SE = Securities    12. Reps and Warranties   
CH = Cooperative Housing    13. Other or TBD   
N/A = Not Available    98. Not Provided By Servicer   

(2) Payment Status

  

(4) Modification Type

  
A. In Grace Period    1. Maturity Date Extension   
B. Late, but less than 30 Days    2. Amortization Change   
0. Current    3. Principal Write-Off   
1. 30-59 Days Delinquent    4. Blank (formerly Combination)   
2. 60-89 Days Delinquent    5. Temporary Rate Reduction   
3. 90+ Days Delinquent    6. Capitalization of Interest   
4. Performing Matured Balloon    7. Capitalization of Taxes   
5. Non Performing Matured Balloon    8. Other   
98. Not Provided By Servicer    9. Combination   

 

Reports Available at sf.citidirect.com   Page 25 of 25   © Copyright 2016 Citigroup
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