UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
December 23, 2014
Date of Report (Date of Earliest Event Reported)
COMM 2014-CCRE20 Mortgage Trust
(Exact name of issuing entity)
German American Capital Corporation
(Exact name of sponsor as specified in its charter)
UBS Real Estate Securities Inc.
(Exact name of sponsor as specified in its charter)
Cantor Commercial Real Estate Lending, L.P.
(Exact name of sponsor as specified in its charter)
Natixis Real Estate Capital LLC
(Exact name of sponsor as specified in its charter)
Deutsche Mortgage & Asset Receiving Corporation
(Exact name of registrant as specified in its charter)
Delaware | 333-193376-12 | 04-3310019 |
(State or other jurisdiction | (Commission | (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
60 Wall Street
New York, New York
(Address of principal executive offices)
(212) 250-2500
Registrant’s telephone number, including area code
Former name or former address, if changed since last report: Not Applicable
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: | |
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01. Entry into a Material Definitive Agreement.
On October 30, 2014, Deutsche Mortgage & Asset Receiving Corporation (the “Depositor”) caused the issuance, pursuant to a Pooling and Servicing Agreement, dated as of October 1, 2014 (the “Pooling and Servicing Agreement”), among the Depositor, as depositor, Wells Fargo Bank, National Association, as master servicer, Torchlight Loan Services, LLC, as special servicer, Park Bridge Lender Services LLC, as operating advisor, Wilmington Trust, National Association, as trustee, and Wells Fargo Bank, National Association, as certificate administrator, paying agent and custodian, of COMM 2014-CCRE20 Mortgage Trust Commercial Mortgage Pass-Through Certificates (the “Certificates”).
The Certificates represent, in the aggregate, the entire beneficial ownership in COMM 2014-CCRE20 Mortgage Trust (the “Issuing Entity”), a common law trust fund formed under the laws of the State of New York pursuant to the Pooling and Servicing Agreement. The assets of the Issuing Entity consist primarily of 64 fixed-rate mortgage loans (the “Mortgage Loans”) secured by first liens on 101 commercial, multifamily and manufactured housing community properties.
The Mortgage Loan identified as “Myrtle Beach Marriott Resort & Spa” on Exhibit B to the Pooling and Servicing Agreement (the “Myrtle Beach Marriott Resort & Spa Mortgage Loan”), which is an asset of the Issuing Entity, is part of a loan combination (the “Myrtle Beach Marriott Resort & Spa Loan Combination”) that includes the Myrtle Beach Marriott Resort & Spa Mortgage Loan and two other pari passu loans which are not assets of the Issuing Entity (each, a “Myrtle Beach Marriott Resort & Spa Companion Loan”). The Myrtle Beach Marriott Resort & Spa Loan Combination, including the Myrtle Beach Marriott Resort & Spa Mortgage Loan, is being serviced and administered under the pooling and servicing agreement, dated as of December 1, 2014 (the “UBS6 Pooling and Servicing Agreement”), among the Depositor, as depositor, KeyBank National Association, as master servicer, Midland Loan Services, a Division of PNC Bank, National Association, as special servicer, Pentalpha Surveillance LLC, as operating advisor, Wells Fargo Bank, National Association, as trustee, certificate administrator, paying agent and custodian, relating to the COMM 2014-UBS6 Mortgage Trust securitization transaction into which one of the Myrtle Beach Marriott Resort & Spa Companion Loans was deposited. The UBS6 Pooling and Servicing Agreement is attached hereto as Exhibit 1.1.
As disclosed in the Prospectus Supplement filed by the Issuing Entity pursuant to Rule 424(b)(5) with respect to the Certificates on October 30, 2014 (the “Prospectus Supplement”), the terms and conditions of the UBS6 Pooling and Servicing Agreement applicable to the servicing of the Myrtle Beach Marriott Resort & Spa Mortgage Loan are substantially similar to the terms and conditions of the Pooling and Servicing Agreement, as described under “The Pooling and Servicing Agreement” in the Prospectus Supplement, applicable to the servicing of the other Mortgage Loans.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit 99 | Pooling and Servicing Agreement, dated as of December 1, 2014, among Deutsche Mortgage & Asset Receiving Corporation, as depositor, KeyBank National Association, as master servicer, Midland Loan Services, a Division of PNC Bank, National Association, as special servicer, Pentalpha Surveillance LLC, as operating advisor, Wells Fargo Bank, National Association, as trustee, certificate administrator, paying agent and custodian. |
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 hereunto duly authorized.
DEUTSCHE MORTGAGE & ASSET RECEIVING CORPORATION (Registrant) | ||
Date: December 23, 2014 | ||
By: | /s/ Helaine Kaplan | |
Name: Helaine Kaplan | ||
Title: President | ||
By: | /s/ Natalie Grainger | |
Name: Natalie Grainger | ||
INDEX TO EXHIBITS
Item 601(a) of Regulation S-K Exhibit No. | Description | Paper (P) or Electronic (E) | ||
99 | Pooling and Servicing Agreement, dated as of December 1, 2014, among Deutsche Mortgage & Asset Receiving Corporation, as depositor, KeyBank National Association, as master servicer, Midland Loan Services, a Division of PNC Bank, National Association, as special servicer, Pentalpha Surveillance LLC, as operating advisor, Wells Fargo Bank, National Association, as trustee, certificate administrator, paying agent and custodian. | (E) |