Item 1. Business.
Omitted.
Item 1A.
Item 1A. Risk Factors.
Omitted.
Item 1B.
Item 1B. Unresolved Staff Comments.
None.
Item 2.
Item 2. Properties.
Omitted.
Item 3.
Item 3. Legal Proceedings.
Omitted.
Item 4.
Item 4. Submission of Matters to a Vote of Security Holders.
Omitted.
PART II
Item 5.
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Omitted.
Item 6.
Item 6. Selected Financial Data.
Omitted.
Item 7.
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operation.
Omitted.
Item 7A.
Item 7A. Quantitative and Qualitative Disclosures About Market Risk.
Omitted.
Item 8.
Item 8. Financial Statements and Supplementary Data.
Omitted.
Item 9.
Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure.
Omitted.
Item 9A.
Item 9A. Controls and Procedures.
Omitted.
Item 9A(T). Controls and Procedures.
Omitted.
Item 9B.
Item 9B. Other Information.
None.
PART III
Item 10.
Item 10. Directors, Executive Officers and Corporate Governance.
Omitted. The issuing entity does not have any executive officers or directors.
Item 11.
Item 11. Executive Compensation.
Omitted. The issuing entity does not have any executive officers or directors.
Item 12.
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.
Omitted. The issuing entity does not have any executive officers or directors.
Item 13.
Item 13. Certain Relationships and Related Transactions, and Director Independences.
Omitted. The issuing entity does not have any executive officers or directors.
Item 14.
Item 14. Principal Accounting Fees and Services.
Omitted.
Item 1112(b) of Regulation AB. Significant Obligors Financial Information.
With respect to the ARC Portfolio mortgage loan, based on financial information provided by the related borrower, the net operating income for the ARC Portfolio mortgaged property was determined to be $31,840,838 for the fiscal year ending December 31, 2006.
Item 1114(b)(2) and 1115(b) of Regulation AB. Significant Enhancement Provider Financial Information.
None.
Item 1117 of Regulation AB. Legal Proceedings
The registrant knows of no legal proceedings pending against, or proceedings contemplated by government authorities against, the sponsor, depositor, trustee, issuing entity, servicer contemplated by Item 1108(a)(3) of Regulation AB, originator contemplated by Item 1110(b) of Regulation AB, or other party contemplated by Item 1100(d)(1) of Regulation AB, or of which any property of the foregoing is teh subject, that is material certificateholders.
Item 1119 of Regulation AB. Affiliations and Certain Relationships and Related Transactions
Information required by Item 1119 has been omitted from this annual report on Form 10-K because it is substantially the same information as has been provided previously in a prospectus timely filed pursuant to Rule 424 promulgated under the Securities Act of 1933 under the same Central Index Key (CIK) code as this annual report on Form 10-K.
Item 1122 of Regulation AB. Compliance with Applicable Servicing Criteria.
The Report on Assessment of Compliance with Servicing Criteria for Asset-Backed Securities with respect to Wells Fargo, National Association disclosed the following material noncompliance with servicing criteria 1122(d)(3)(i), as applicable to Wells Fargo, National Association during the twelve months ended December 31, 2006. Certain monthly investor or remittance reports included errors in the calculation and/or the reporting of delinquencies for the pool assets.
See Item 15, exhibit (33) and (34)
Item 1123 of Regulation AB. Servicer Compliance Statement.
See Item 15, 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) The exhibits required by Item 601 of Regulation S-K and by paragraph (b) below.
Exhibit Number
Description
4(i)
The series 2006-C2 pooling and servicing agreement dated as of August 1, 2006 among Merrill Lynch Mortgage Investors, Inc., as depositor (the “Depositor”), Wachovia Bank, National Association, as master servicer no. 1 (the “Master Servicer No. 1”), Prudential Asset Resources, Inc., as master servicer no. 2 (the "Master Servicer No. 2"), J.E. Robert Company, Inc., as special servicer (the "Special Servicer") and LaSalle Bank National Association, as trustee (the “Trustee”) (the "Pooling and Servicing Agreement") (Previously filed as part of the Registrant's Current Report on Form 8-K on August 29, 2006)*
31(ii)
Rule 13a-14(d)/15d-14(d) Certifications
33(a)
Report on assessment of compliance with servicing criteria for asset-backed securities, Wachovia Bank, National Association, as Master Servicer No. 1 and as master servicer in regards to the RLJ Portfolio trust mortgage loan under the Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-C27 Pooling and Servicing Agreement
33(b)
Report on assessment of compliance with servicing criteria for asset-backed securities, Prudential Asset Resources, Inc., as Master Servicer No.
33(c)
Report on assessment of compliance with servicing criteria for asset-backed securities, J.E. Robert Company, Inc., as Special Servicer
33(d)
Report on assessment of compliance with servicing criteria for asset-backed securities, LaSalle Bank National Association, as Trustee
33(e)
Report on assessment of compliance with servicing criteria for asset-backed securities, LNR Partners, Inc., as special servicer in regards to the RLJ Portfolio trust mortgage loan under the Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-C27 Pooling and Servicing Agreement
33(f)
Report on assessment of compliance with servicing criteria for asset-backed securities, Wells Fargo Bank, National Association, as trustee in regards to the RLJ Portfolio trust mortgage loan under the Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-C27 Pooling and Servicing Agreement
33(g)
Report on assessment of compliance with servicing criteria for asset-backed securities, Global Realty Outsourcing, Inc., as servicing function participant
33(h)
Report on assessment of compliance with servicing criteria for asset-backed securities, First American Commercial Real Estate Services, Inc., as servicing function participant
33(i)
Report on assessment of compliance with servicing criteria for asset-backed securities, Capmark Finance, Inc., as servicing function participant
34(a)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, Wachovia Bank, National Association, as Master Servicer No. 1 and as master servicer in regards to the RLJ Portfolio trust mortgage loan under the Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-C27 Pooling and Servicing Agreement
34(b)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, Prudential Asset Resources, Inc., as Master Servicer No. 2
34(c)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, J.E. Robert Company, Inc., as Special Servicer
34(d)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, LaSalle Bank National Association, as Trustee
34(e)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, LNR Partners, Inc., as special servicer in regards to the RLJ Portfolio trust mortgage loan under the Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-C27 Pooling and Servicing Agreement
34(f)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, Wells Fargo Bank, National Association, as trustee in regards to the RLJ Portfolio trust mortgage loan under the Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-C27 Pooling and Servicing Agreement
34(g)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, Global Realty Outsourcing, Inc., as servicing function participant
34(h)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, First American Commercial Real Estate Services, Inc., as servicing function participant
34(i)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, Capmark Finance, Inc., as servicing function participant
35(a)
Servicer compliance statement, Wachovia Bank, National Association, as Master Servicer No. 1
35(b)
Servicer compliance statement, Prudential Asset Resources, Inc., as Master Servicer No. 2
35(c)
Servicer compliance statement, J.E. Robert Company, Inc., as Special Servicer
35(d)
Servicer compliance statement, LaSalle Bank National Association, as Trustee
35(e)
Servicer compliance statement, Wachovia Bank, National Association, as master servicer in regards to the RLJ Portfolio trust mortgage loan under the Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-C27 Pooling and Servicing Agreement
*Incorporated herein by reference.
(b) The exhibits required by Item 601 of Regulation S-K are filed as noted under subparagraph (a)(3) above.
(c) Not applicable.
SIGNATURES
Merrill Lynch Mortgage Investors, Inc., as Depositor
March 29, 2007 /s/ David Rodgers
By: David Rodgers
Title: Executive Vice President and Chief Officer in Charge of Commercial Mortgage Securitization
Supplemental Information to be Furnished With Reports Filed Pursuant to Section 15(d) of the Act by Registrants Which Have Not Registered Securities Pursuant to Section of the Act
(a)
(1) No annual report is provided to the certificateholders.
(2) No proxy statement, form of proxy or other proxy soliciting material has been sent to any certificateholders with respect to any annual or other meeting of certificateholders.
EXHIBIT INDEX
Exhibit Number
Description
4(i)
The Pooling and Servicing Agreement (Previously filed as part of the Registrant's Current Report on Form 8-K on August 29, 2006)*
31(ii)
Rule 13a-14(d)/15d-14(d) Certifications
33(a)
Report on assessment of compliance with servicing criteria for asset-backed securities, Wachovia Bank, National Association, as Master Servicer No. 1 and as master servicer in regards to the RLJ Portfolio trust mortgage loan under the Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-C27 Pooling and Servicing Agreement
33(b)
Report on assessment of compliance with servicing criteria for asset-backed securities, Prudential Asset Resources, Inc., as Master Servicer No.
33(c)
Report on assessment of compliance with servicing criteria for asset-backed securities, J.E. Robert Company, Inc., as Special Servicer
33(d)
Report on assessment of compliance with servicing criteria for asset-backed securities, LaSalle Bank National Association, as Trustee
33(e)
Report on assessment of compliance with servicing criteria for asset-backed securities, LNR Partners, Inc., as special servicer in regards to the RLJ Portfolio trust mortgage loan under the Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-C27 Pooling and Servicing Agreement
33(f)
Report on assessment of compliance with servicing criteria for asset-backed securities, Wells Fargo Bank, National Association, as trustee in regards to the RLJ Portfolio trust mortgage loan under the Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-C27 Pooling and Servicing Agreement
33(g)
Report on assessment of compliance with servicing criteria for asset-backed securities, Global Realty Outsourcing, Inc., as servicing function participant
33(h)
Report on assessment of compliance with servicing criteria for asset-backed securities, First American Commercial Real Estate Services, Inc., as servicing function participant
33(i)
Report on assessment of compliance with servicing criteria for asset-backed securities, Capmark Finance, Inc., as servicing function participant
34(a)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, Wachovia Bank, National Association, as Master Servicer No. 1 and as master servicer in regards to the RLJ Portfolio trust mortgage loan under the Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-C27 Pooling and Servicing Agreement
34(b)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, Prudential Asset Resources, Inc., as Master Servicer No. 2
34(c)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, J.E. Robert Company, Inc., as Special Servicer
34(d)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, LaSalle Bank National Association, as Trustee
34(e)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, LNR Partners, Inc., as special servicer in regards to the RLJ Portfolio trust mortgage loan under the Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-C27 Pooling and Servicing Agreement
34(f)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, Wells Fargo Bank, National Association, as trustee in regards to the RLJ Portfolio trust mortgage loan under the Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-C27 Pooling and Servicing Agreement
34(g)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, Global Realty Outsourcing, Inc., as servicing function participant
34(h)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, First American Commercial Real Estate Services, Inc., as servicing function participant
34(i)
Attestation report on assessment of compliance with servicing criteria for asset-backed securities, Capmark Finance, Inc., as servicing function participant
35(a)
Servicer compliance statement, Wachovia Bank, National Association, as Master Servicer No. 1
35(b)
Servicer compliance statement, Prudential Asset Resources, Inc., as Master Servicer No. 2
35(c)
Servicer compliance statement, J.E. Robert Company, Inc., as Special Servicer
35(d)
Servicer compliance statement, LaSalle Bank National Association, as Trustee
35(e)
Servicer compliance statement, Wachovia Bank, National Association, as master servicer in regards to the RLJ Portfolio trust mortgage loan under the Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2006-C27 Pooling and Servicing Agreement
*Incorporated herein by reference.