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 Park LaBrea Apartments 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 period from August 1, 2006 to December 31, 2006 was $22,543,982. The fiscal year end for such significant obligor was July 31, 2006. The net operating income for the fiscal year ending July 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 July 31, 2006 is not available as such borrower acquired the related mortgaged property from the previous owner in August 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.
None of the reports on assessment of compliance with the applicable servicing criteria, or the related attestation reports, required to be delivered under the Pooling and Servicing Agreement for this transaction has identified any material instances of noncompliance with the servicing criteria in Item 1122 of Regulation AB, except as described below.
The Assessment of Compliance with Applicable Servicing Criteria for Wells Fargo Bank, National Association (Corporate Trust Services) has disclosed material noncompliance with criterion 1122(d)(3)(i), as applicable to Wells Fargo 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, which errors may or may not have been material. All necessary adjustments have been made to correct those errors and to remedy related procedures. 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 October 13, 2006 and incorporated by reference herein)
10.1
Mortgage Loan Purchase Agreement, dated as of September 1, 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 October 13, 2006, and incorporated by reference herein.)
10.2
Mortgage Loan Purchase Agreement, dated as of September 1, 2006, between Eurohypo AG, New York Branch and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by Eurohypo AG, New York Branch (Filed as Exhibit 10.2 to Form 8-K filed on October 13, 2006, and incorporated by reference herein.)
10.3
Mortgage Loan Purchase Agreement, dated as of September 1, 2006, between Nomura Credit & Capital, Inc. and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by Nomura Credit & Capital, Inc. (Filed as Exhibit 10.3 to Form 8-K filed on October 13, 2006, and incorporated by reference herein.)
10.4
Mortgage Loan Purchase Agreement, dated as of September 1, 2006, between IXIS Real Estate Capital Inc. and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by IXIS Real Estate Capital Inc. (Filed as Exhibit 10.4 to Form 8-K filed on October 13, 2006, and incorporated by reference herein.)
10.5
Mortgage Loan Purchase Agreement, dated as of September 1, 2006, between PNC Bank, National Association and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by PNC Bank, National Association (Filed as Exhibit 10.5 to Form 8-K filed on October 13, 2006, and incorporated by reference herein.)
10.6
Mortgage Loan Purchase Agreement, dated as of September 1, 2006, between AIG Mortgage Capital, LLC, SOME II, LLC and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by AIG Mortgage Capital, LLC and SOME II, LLC (Filed as Exhibit 10.6 to Form 8-K filed on October 13, 2006, and incorporated by reference herein.)
10.7
ISDA Master Agreement, dated as of September 28, 2006, between JPMorgan Chase Bank, National Association and J.P. Morgan Chase Commercial Mortgage Securities Trust 2006-LDP8 (Filed as Exhibit 10.7 to Form 8-K filed on October 13, 2006, and incorporated by reference herein.)
10.8
Schedule to the ISDA Master Agreement, dated as of September 28, 2006, between JPMorgan Chase Bank, National Association and J.P. Morgan Chase Commercial Mortgage Securities Trust 2006-LDP8 (Filed as Exhibit 10.8 to Form 8-K filed on October 13, 2006, and incorporated by reference herein.)
10.9
Confirmation for U.S. Dollar Interest Rate Swap Transaction under 1992 Master Agreement, dated as of September 28, 2006, between JPMorgan Chase Bank, National Association and J.P. Morgan Chase Commercial Mortgage Securities Trust 2006-LDP8 (Filed as Exhibit 10.9 to Form 8-K filed on October 13, 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 for Year End December 31, 2006 of Wells Fargo Bank, National Association, as Master Servicer No.1
33.2
Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Midland Loan Services, Inc., as Master Servicer No.2 and as Special Servicer for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan
33.3
Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of J.E. Robert Company, Inc., as Special Servicer
33.4
Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of LaSalle Bank, National Association, as Trustee
33.5
Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Capmark Finance Inc., as subservicer for Midland Loan Services, Inc.
33.6
Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Wells Fargo Bank, N.A., as Trustee and Paying Agent for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan
33.7
Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Pacific Life Insurance Company, as Servicer Function Participant
33.8
Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Capmark Finance Inc., as Master Servicer for the JP Morgan Chase Commerical Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan.
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 No.1
34.2
Attestation Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Midland Loan Services, Inc., as Master Servicer No.2 and as Special Servicer for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan
34.3
Attestation Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of J.E. Robert Company, Inc., as Special Servicer
34.4
Attestation Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of LaSalle Bank, National Association, as Trustee
34.5
Attestation Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Capmark Finance Inc., as subservicer for Midland Loan Services, Inc.
34.6
Attestation Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Wells Fargo Bank, N.A., as Trustee and Paying Agent for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan
34.7
Attestation Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Pacific Life Insurance Company, as Servicer Function Participant
34.8
Attestation Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Capmark Finance Inc., as Master Servicer for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan.
35.1
Servicer Compliance Statement of Wells Fargo Bank of National Association, as Master Servicer No.1
35.2
Servicer Compliance Statement of Midland Loan Services, Inc., as Master Servicer No.2
35.3
Servicer Compliance Statement of J.E. Robert Company, Inc., as Special Servicer
35.4
Servicer Compliance Statement of LaSalle Bank, National Association, as Trustee
35.5
Servicer Compliance Statement of Capmark Finance Inc., as subservicer for Midland Loan Services, Inc.
35.6
Servicer Compliance Statement of Midland Loan Services, Inc., as Special Servicer for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan
35.7
Servicer Compliance Statement of Wells Fargo Bank, N.A., as Trustee and Paying Agent for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan
35.8
Servicer Compliance Statement of Pacific Life Insurance Company, as Servicer Function Participant
35.9
Servicer Compliance Statement of Capmark Finance Inc., as Master Servicer for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan.
(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 October 13, 2006 and incorporated by reference herein)
10.1
Mortgage Loan Purchase Agreement, dated as of September 1, 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 October 13, 2006, and incorporated by reference herein.)
10.2
Mortgage Loan Purchase Agreement, dated as of September 1, 2006, between Eurohypo AG, New York Branch and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by Eurohypo AG, New York Branch (Filed as Exhibit 10.2 to Form 8-K filed on October 13, 2006, and incorporated by reference herein.)
10.3
Mortgage Loan Purchase Agreement, dated as of September 1, 2006, between Nomura Credit & Capital, Inc. and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by Nomura Credit & Capital, Inc. (Filed as Exhibit 10.3 to Form 8-K filed on October 13, 2006, and incorporated by reference herein.)
10.4
Mortgage Loan Purchase Agreement, dated as of September 1, 2006, between IXIS Real Estate Capital Inc. and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by IXIS Real Estate Capital Inc. (Filed as Exhibit 10.4 to Form 8-K filed on October 13, 2006, and incorporated by reference herein.)
10.5
Mortgage Loan Purchase Agreement, dated as of September 1, 2006, between PNC Bank, National Association and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by PNC Bank, National Association (Filed as Exhibit 10.5 to Form 8-K filed on October 13, 2006, and incorporated by reference herein.)
10.6
Mortgage Loan Purchase Agreement, dated as of September 1, 2006, between AIG Mortgage Capital, LLC, SOME II, LLC and J.P. Morgan Chase Commercial Mortgage Securities Corp., relating to the mortgage loans sold to the depositor by AIG Mortgage Capital, LLC and SOME II, LLC (Filed as Exhibit 10.6 to Form 8-K filed on October 13, 2006, and incorporated by reference herein.)
10.7
ISDA Master Agreement, dated as of September 28, 2006, between JPMorgan Chase Bank, National Association and J.P. Morgan Chase Commercial Mortgage Securities Trust 2006-LDP8 (Filed as Exhibit 10.7 to Form 8-K filed on October 13, 2006, and incorporated by reference herein.)
10.8
Schedule to the ISDA Master Agreement, dated as of September 28, 2006, between JPMorgan Chase Bank, National Association and J.P. Morgan Chase Commercial Mortgage Securities Trust 2006-LDP8 (Filed as Exhibit 10.8 to Form 8-K filed on October 13, 2006, and incorporated by reference herein.)
10.9
Confirmation for U.S. Dollar Interest Rate Swap Transaction under 1992 Master Agreement, dated as of September 28, 2006, between JPMorgan Chase Bank, National Association and J.P. Morgan Chase Commercial Mortgage Securities Trust 2006-LDP8 (Filed as Exhibit 10.9 to Form 8-K filed on October 13, 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 for Year End December 31, 2006 of Wells Fargo Bank, National Association, as Master Servicer No.1
33.2
Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Midland Loan Services, Inc., as Master Servicer No.2 and as Special Servicer for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan
33.3
Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of J.E. Robert Company, Inc., as Special Servicer
33.4
Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of LaSalle Bank, National Association, as Trustee
33.5
Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Capmark Finance Inc., as subservicer for Midland Loan Services, Inc.
33.6
Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Wells Fargo Bank, N.A., as Trustee and Paying Agent for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan
33.7
Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Pacific Life Insurance Company, as Servicer Function Participant
33.8
Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Capmark Finance Inc., as Master Servicer for the JP Morgan Chase Commerical Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan.
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 No.1
34.2
Attestation Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Midland Loan Services, Inc., as Master Servicer No.2 and as Special Servicer for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan
34.3
Attestation Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of J.E. Robert Company, Inc., as Special Servicer
34.4
Attestation Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of LaSalle Bank, National Association, as Trustee
34.5
Attestation Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Capmark Finance Inc., as subservicer for Midland Loan Services, Inc.
34.6
Attestation Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Wells Fargo Bank, N.A., as Trustee and Paying Agent for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan
34.7
Attestation Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Pacific Life Insurance Company, as Servicer Function Participant
34.8
Attestation Report on Assessment of Compliance with Servicing Criteria for Year End December 31, 2006 of Capmark Finance Inc., as Master Servicer for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan.
35.1
Servicer Compliance Statement of Wells Fargo Bank of National Association, as Master Servicer No.1
35.2
Servicer Compliance Statement of Midland Loan Services, Inc., as Master Servicer No.2
35.3
Servicer Compliance Statement of J.E. Robert Company, Inc., as Special Servicer
35.4
Servicer Compliance Statement of LaSalle Bank, National Association, as Trustee
35.5
Servicer Compliance Statement of Capmark Finance Inc., as subservicer for Midland Loan Services, Inc.
35.6
Servicer Compliance Statement of Midland Loan Services, Inc., as Special Servicer for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan
35.7
Servicer Compliance Statement of Wells Fargo Bank, N.A., as Trustee and Paying Agent for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan
35.8
Servicer Compliance Statement of Pacific Life Insurance Company, as Servicer Function Participant
35.9
Servicer Compliance Statement of Capmark Finance Inc., as Master Servicer for the JP Morgan Chase Commercial Mortgage Securities Trust 2006-CIBC16 with respect to the RREEF Whole loan.