10-D 1 ccc16c28_10d-201608.htm 10-D CCC16C28 201608

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: July 13, 2016 to August 12, 2016

 

Commission File Number of issuing entity: 333-206705-01

 

Central Index Key Number of issuing entity: 0001663239

 

COMM 2016-CCRE28 Mortgage Trust

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

 

Commission File Number of depositor: 333-206705

 

Central Index Key Number of depositor: 0001013454

 

Deutsche Mortgage & Asset Receiving Corporation

(Exact name of depositor as specified in its charter)

 

 

Central Index Key Number of sponsor (if applicable): 0001541294

 

German American Capital Corporation

(Exact name of sponsor as specified in its charter)

 

Central Index Key Number of sponsor (if applicable): 0001558761

 

Cantor Commercial Real Estate Lending, L.P.

(Exact name of sponsor as specified in its charter)

 

Central Index Key Number of sponsor (if applicable): 0001555524

 

Jefferies LoanCore LLC

(Exact name of sponsor as specified in its charter)

 

Central Index Key Number of sponsor (if applicable): 0001541468

 

Ladder Capital Finance LLC

(Exact name of sponsor as specified in its charter)

 

Lainie Kaye (212) 250-2500

(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)

 

38-3984705
38-3984706
38-7145079

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

 

c/o Wells Fargo Bank, N.A.

9062 Old Annapolis Road

Columbia, MD 21045

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

 

(410) 884‑2000

(Telephone number, including area code)

 

 

Not Applicable

(Former name, former address, if changed since last report)

 

 

Registered/reporting pursuant to (check one)

 

Title of Class

Section 12(b)

Section 12(g)

Section 15(d)

Name of Exchange (If Section 12(b))

 

 

A‑1

      

      

   X   

           

A‑2

      

      

   X   

           

A‑SB

      

      

   X   

           

A‑3

      

      

   X   

           

A‑4

      

      

   X   

           

A‑HR

      

      

   X   

           

XP-A

      

      

   X   

           

X-A

      

      

   X   

           

X-HR

      

      

   X   

           

A-M

      

      

   X   

           

B

      

      

   X   

           

C

      

      

   X   

           

D

      

      

   X   

           

 

 

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   X   No     

 

 

Part I - DISTRIBUTION INFORMATION

 

Item 1. Distribution and Pool Performance Information.

 

On August 12, 2016 a distribution was made to holders of the certificates issued by COMM 2016-CCRE28 Mortgage Trust.

 

The distribution report is attached as an Exhibit to this Form 10-D. Please see Item 10(b), Exhibit 99.1 for the related information.

 

The following table presents the delinquency and loss information for the trust assets for the COMM 2016-CCRE28 Mortgage Trust expressed in 30 or 31 day increments up to a period of 120 days as required by Item 1121(a)(9) of Regulation AB:

 

Delinquency Summary as reported on August 12, 2016

 

Number of Days Delinquent

Number of Loans/REOs

Ending Scheduled Balance

0-29

51

1,025,492,151.43

30-59

0

0.00

60-89

0

0.00

90-120

0

0.00

121+

0

0.00

Total

51

1,025,492,151.43

 

  

No assets securitized by Deutsche Mortgage & Asset Receiving Corporation (the "Depositor") and held by COMM 2016-CCRE28 Mortgage Trust were the subject of a demand to repurchase for breach of the representations and warranties contained in the underlying transaction documents during the distribution period from July 13, 2016 to August 12, 2016.

 

The Depositor has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 11, 2016. The CIK number of the Depositor is 0001013454.

 

German American Capital Corporation (“GACC”), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 11, 2016. The CIK number of GACC is 0001541294.

 

Cantor Commercial Real Estate Lending, L.P. (“CCRE”), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 12, 2016. The CIK number of CCRE is 0001558761.

 

Jefferies LoanCore LLC ("Jefferies "), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 12, 2016. The CIK number of Jefferies is 0001555524.

 

Ladder Capital Finance LLC ("Ladder"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 9, 2016. The CIK number of Ladder is 0001541468.

 

Part II - OTHER INFORMATION

 

Item 10. Exhibits.

 

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

 

(99.1)

Monthly report distributed to holders of the certificates issued by COMM 2016-CCRE28 Mortgage Trust, relating to the August 12, 2016 distribution.

 

(b) The exhibits required to be filed by the Registrant pursuant to this Form 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.

 

Deutsche Mortgage & Asset Receiving Corporation

(Depositor)

 

/s/ Helaine M. Kaplan

Helaine M. Kaplan, President

 

Date: August 26, 2016

 

/s/ Andrew Mullin

Andrew Mullin, Vice President, Treasurer, Chief Financial Officer and Chief Accounting Officer

 

Date: August 26, 2016

 

 

EXHIBIT INDEX

 

Exhibit Number

Description

 

EX‑99.1

Monthly report distributed to holders of the certificates issued by COMM 2016-CCRE28 Mortgage Trust, relating to the August 12, 2016 distribution.