Item 1. Business.
Not Applicable
Item 1A.
Item 1A. Risk Factors.
Not Applicable
Item 1B.
Item 1B. Unresolved Staff Comments.
None.
Item 2.
Item 2. Properties.
Not Applicable
Item 3.
Item 3. Legal Proceedings.
Not Applicable
Item 4.
Item 4. Submission of Matters to a Vote of Security Holders.
Not Applicable
PART II
Item 5.
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Not Applicable
Item 6.
Item 6. Selected Financial Data.
Not Applicable
Item 7.
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operation.
Not Applicable
Item 7A.
Item 7A. Quantitative and Qualitative Disclosures About Market Risk.
Not Applicable
Item 8.
Item 8. Financial Statements and Supplementary Data.
Not Applicable
Item 9.
Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.
Not Applicable
Item 9A.
Item 9A. Controls and Procedures.
Not Applicable
Item 9A(T). Controls and Procedures.
Not Applicable
Item 9B.
Item 9B. Other Information.
None.
PART III
Item 10.
Item 10. Directors, Executive Officers and Corporate Governances. Not Applicable
Item 11.
Item 11. Executive Compensation.
Not Applicable
Item 12.
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.
Not Applicable
Item 13, Certain Relationships and Related Transactions, and Director Independences.
Not Applicable
Item 14.
Item 14. Principal Accounting Fees and Services.
Not Applicable
ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB
Item 1112(b) of Regulation AB. Significant Obligors Financial Information.
The mortgaged property that secures the Bank of America Plaza loan is a Significant Obligor with the meaning of section 1101(k)(2) of Regulation AB. The net operating income of such significant obligor for the quarter end December 31, 2006 was $8,412,994.84. The net operating income of such significant obligor for the period from the purchase of the property in September 2006 to December 31, 2006 was $8,647,363.49. The net operating income for the fiscal year ending December 31, 2006 is not available as such information rests peculiarly within the knowledge of the previous owner of such mortgaged property. The depositor requested such information from the borrower under the loan (and current owner of the related mortgaged property) and the borrower indicated that the net operating income for the fiscal year ending December 31, 2006 is not available as such borrower acquired the related mortgaged property from the previous owner in September 2006 and the previous owner did not provide such information. The previous owner of the mortgaged property is not affiliated with the Depositor or the borrower under the loan.
Item 1114(b)(2) and 1115(b) of Regulation AB. Significant Enhancement Provider Financial Information.
None.
Item 1117 of Regulation AB. Legal Proceedings
None.
Item 1119 of Regulation AB. Affiliations and Certain Relationships and Related Transactions
Provided previously in the prospectus supplement of the Registrant relating to the issuing entity and filed pursuant to Rule 424 of the Securities Act of 1933, as amended.
Item 1122 of Regulation AB. Compliance with Applicable Servicing Criteria.
The Report on Assessment of 2006 Compliance by NorthMarq Capital, Inc. with Regulation AB Servicing Criteria has disclosed material noncompliance with criterion 1122(d)(2)(i), as applicable to NorthMarq Capital, Inc. during the twelve months ended December 31. 2006. Noncompliance occurred when monthly payments related to a newly securitized loan were not deposited into the appropriate custodial accounts for two consecutive months caused by delays related to a newly automated "Single Point" system of the asserting party's bank.
See Exhibits 33 and 34.
Item 1123 of Regulation AB. Servicer Compliance Statement
See Exhibit 35.
PART IV
Item 15.
Item 15. Exhibits, Financial Statement Schedules.
(a) The following is a list of documents filed as part of this Annual Report on Form 10-K:
(1) Not Applicable
(2) Not Applicable
(3)
4.1
Pooling and Servicing Agreement (filed as an exhibit to Form 8-K on December 15, 2006 and incorporated by reference herein)
10.1
Mortgage Loan Purchase Agreement, dated as of November 28, 2006, between JPMorgan Chase Bank, National Association and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by JPMorgan Chase Bank, National Association (Filed as Exhibit 10.1 to Form 8-K filed on December 15, 2006, and incorporated by reference herein.)
10.2
Mortgage Loan Purchase Agreement, dated as of November 28, 2006, between CIBC Inc. and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by CIBC Inc. (Filed as Exhibit 10.2 to Form 8-K filed on December 15, 2006, and incorporated by reference herein.)
31.1
Rule 13a-14(d)/15d-14(d) Certifications
33.1
Report on assessment of compliance with servicing criteria for Year End December 31, 2006 of Wells Fargo Bank, National Association, as Master Servicer
33.2
Report on assessment of compliance with servicing criteria for Year End December 31, 2006 of LNR Partners Inc., as Special Servicer
33.3
Report on assessment of compliance with servicing criteria for Year End December 31, 2006 of LaSalle Bank National Association, as Trustee and Paying Agent
33.4
Report on assessment of compliance with servicing criteria for Year End December 31, 2006 of NorthMarq Capital, Inc., as Servicing Function Participant
34.1
Attestation report on assessment of compliance with servicing criteria for Year End December 31, 2006 of Wells Fargo Bank, National Association, as Master Servicer
34.2
Attestation report on assessment of compliance with servicing criteria for Year End December 31, 2006 of LNR Partners Inc., as Special Servicer
34.3
Attestation report on assessment of compliance with servicing criteria for Year End December 31, 2006 of LaSalle Bank National Association, as Trustee and Paying Agent
34.4
Attestation report on assessment of compliance with servicing criteria for Year End December 31, 2006 of NorthMarq Capital, Inc., as Servicing Function Participant
35.1
Servicer compliance statement of Wells Fargo Bank, National Association, as Master Servicer
35.2
Servicer compliance statement of LNR Partners Inc., as Special Servicer
35.3
Servicer compliance statement of LaSalle Bank National Association, as Trustee and Paying Agent
35.4
Servicer compliance statement of NorthMarq Capital, Inc., as Servicing Function Participant
(b) See (a) above.
(c) Not Applicable.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
J.P. Morgan Chase Commercial Mortgage Securities Corp.
March 30, 2007
/s/ Brian Baker
By: Brian Baker
Title: President and Chief Executive Officer
EXHIBIT INDEX
4.1
Pooling and Servicing Agreement (filed as an exhibit to Form 8-K on December 15, 2006 and incorporated by reference herein)
10.1
Mortgage Loan Purchase Agreement, dated as of November 28, 2006, between JPMorgan Chase Bank, National Association and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by JPMorgan Chase Bank, National Association (Filed as Exhibit 10.1 to Form 8-K filed on December 15, 2006, and incorporated by reference herein.)
10.2
Mortgage Loan Purchase Agreement, dated as of November 28, 2006, between CIBC Inc. and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by CIBC Inc. (Filed as Exhibit 10.2 to Form 8-K filed on December 15, 2006, and incorporated by reference herein.)
31.1
Rule 13a-14(d)/15d-14(d) Certifications
33.1
Report on assessment of compliance with servicing criteria for Year End December 31, 2006 of Wells Fargo Bank, National Association, as Master Servicer
33.2
Report on assessment of compliance with servicing criteria for Year End December 31, 2006 of LNR Partners Inc., as Special Servicer
33.3
Report on assessment of compliance with servicing criteria for Year End December 31, 2006 of LaSalle Bank National Association, as Trustee and Paying Agent
33.4
Report on assessment of compliance with servicing criteria for Year End December 31, 2006 of NorthMarq Capital, Inc., as Servicing Function Participant
34.1
Attestation report on assessment of compliance with servicing criteria for Year End December 31, 2006 of Wells Fargo Bank, National Association, as Master Servicer
34.2
Attestation report on assessment of compliance with servicing criteria for Year End December 31, 2006 of LNR Partners Inc., as Special Servicer
34.3
Attestation report on assessment of compliance with servicing criteria for Year End December 31, 2006 of LaSalle Bank National Association, as Trustee and Paying Agent
34.4
Attestation report on assessment of compliance with servicing criteria for Year End December 31, 2006 of NorthMarq Capital, Inc., as Servicing Function Participant
35.1
Servicer compliance statement of Wells Fargo Bank, National Association, as Master Servicer
35.2
Servicer compliance statement of LNR Partners Inc., as Special Servicer
35.3
Servicer compliance statement of LaSalle Bank National Association, as Trustee and Paying Agent
35.4
Servicer compliance statement of NorthMarq Capital, Inc., as Servicing Function Participant