Form 10-D Citigroup Commercial For: Nov 18

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December 1, 2016 10:09 AM EST

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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:

October 18, 2016 to November 18, 2016

Commission File Number of issuing entity: 333-207132-02

Central Index Key Number of issuing entity: 0001669393

Citigroup Commercial Mortgage Trust 2016-P3

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

Commission File Number of depositor: 333-207132

Central Index Key Number of depositor: 0001258361

Citigroup Commercial Mortgage Securities Inc.

(Exact name of depositor as specified in its charter)

Citigroup Global Markets Realty Corp.

(Central Index Key Number: 0001541001)

Natixis Real Estate Capital LLC

(Central Index Key Number: 0001542256)

Société Générale

(Central Index Key Number: 0001238163)

Principal Commercial Capital

(Central Index Key Number: 0001634437)

The Bank of New York Mellon

(Central Index Key Number: 0001497973)

Walker & Dunlop Commercial Property Funding I WF, LLC

(Central Index Key Number: 0001617874)

(Exact names of sponsors as specified in their respective charters)

Richard Simpson (212) 816-5343

(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)

81-2203430

81-2224334

81-6448261

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


c/o Citibank, N.A.
388 Greenwich Street, 14^th Floor
New York, New York		10013
(Address of principal executive offices of the issuing entity)		(Zip Code)

(212) 816-5693

(Telephone number, including area code)


	Registered/reporting pursuant to (check one)			Name of exchange (If Section 12(b))
Title of class	Section 12(b)	Section 12(g)	Section 15(d)	Name of exchange (If Section 12(b))
A-1	¨	¨	x	Not Applicable
A-2	¨	¨	x	Not Applicable
A-3	¨	¨	x	Not Applicable
A-4	¨	¨	x	Not Applicable
A-AB	¨	¨	x	Not Applicable
X-A	¨	¨	x	Not Applicable
X-B	¨	¨	x	Not Applicable
A-S	¨	¨	x	Not Applicable
B	¨	¨	x	Not Applicable
EC	¨	¨	x	Not Applicable
C	¨	¨	x	Not Applicable

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 November 18, 2016, a distribution was made to holders of the certificates issued by Citigroup Commercial Mortgage Trust 2016-P3.

The distribution report is attached as Exhibit 99.1 to this Form 10-D.

No assets securitized by Citigroup Commercial Mortgage Securities Inc. (the “Depositor”) and held by Citigroup Commercial Mortgage Trust 2016-P3 were the subject of a demand to repurchase or replace for breach of the representations and warranties contained in the underlying transaction documents during the monthly distribution period covered by this distribution report on Form 10-D.

The Depositor most recently filed a Form ABS-15G under Rule 15Ga-1 under the Securities Exchange Act of 1934 (“Rule 15Ga-1”) on February 16, 2016. The CIK number of the Depositor is 0001258361.

Citigroup Global Markets Realty Corp. (“CGMRC”), one of the sponsors, most recently filed a Form ABS-15G under Rule 15Ga-1 on February 16, 2016. The CIK number of CGMRC is 0001541001.

Natixis Real Estate Capital LLC (“Natixis”), one of the sponsors, most recently filed a Form ABS-15G under Rule 15Ga-1 on April 28, 2016. The CIK number of Natixis is 0001542256.

Société Générale (“SG”), one of the sponsors, most recently filed a Form ABS-15G under Rule 15Ga-1 on February 5, 2016. The CIK number of SG is 0001238163.

Macquarie US Trading LLC d/b/a Principal Commercial Capital (“PCC”), one of the sponsors, most recently filed a Form ABS-15G under Rule 15Ga-1 on February 16, 2016. The CIK number of PCC is 0001634437.

The Bank of New York Mellon (“BNYM”), one of the sponsors, most recently filed a Form ABS-15G under Rule 15Ga-1 on February 9, 2016. The CIK number of BNYM is 0001497973.

Walker & Dunlop Commercial Property Funding I WF, LLC (“Walker & Dunlop”), one of the sponsors, most recently filed a Form ABS-15G under Rule 15Ga-1 on February 12, 2016. The CIK number of Walker & Dunlop is 0001617874.

Item 1A.

Asset-Level Information.

Not applicable

Item 1B.

Asset Representations Reviewer and Investor Communication.

Not applicable

PART II – OTHER INFORMATION

Item 2.

Legal Proceedings.

Disclosure from Citibank, N.A., as Certificate Administrator:

Citibank, N.A. (“Citibank”) is acting as the Certificate Administrator of this commercial mortgage-backed securities (“CMBS”) transaction. In the ordinary course of business, Citibank is involved in a number of legal proceedings, including in connection with its role as trustee of certain residential mortgage-backed securities (“RMBS”) transactions. Certain of these Citibank as trustee-related matters are disclosed herein.

On June 18, 2014, a civil action was filed against Citibank in the Supreme Court of the State of New York by a group of investors in 48 private-label RMBS trusts for which Citibank allegedly serves or did serve as trustee, asserting claims for purported violations of the Trust Indenture Act of 1939 (the “Trust Indenture Act”), breach of contract, breach of fiduciary duty and negligence based on Citibank’s alleged failure to perform its duties as trustee for the 48 RMBS trusts. On November 24, 2014, plaintiffs sought leave to withdraw this action. On the same day, a smaller subset of similar plaintiff investors in 27 private-label RMBS trusts for which Citibank allegedly serves or did serve as trustee, filed a new civil action against Citibank in the United States District Court for the Southern District of New York asserting similar claims as the prior action filed in state court. In January 2015, the court closed plaintiffs’ original state court action. Citibank’s motion to dismiss the federal complaint was fully briefed as of May 13, 2015. On September 8, 2015, the federal court dismissed all claims as to 24 of the 27 trusts and allowed certain of the claims to proceed as to the other three trusts. This case is still pending.

On November 24, 2015, the same investors that brought the federal case brought a new civil action in the Supreme Court of the State of New York related to 25 private-label RMBS trusts for which Citibank allegedly serves or did serve as trustee. This case includes the 24 trusts previously dismissed in the federal action, and one additional trust. The investors assert claims for breach of contract, breach of fiduciary duty, breach of duty to avoid conflicts of interest, and violation of New York’s Streit Act (the “Streit Act”). Citibank’s motion to dismiss was fully briefed as of April 15, 2016. Following argument on Citibank’s motion to dismiss, plaintiffs filed an amended complaint on August 5, 2016. Citibank’s motion to dismiss the amended complaint was fully briefed as of October 21, 2016. Citibank awaits a decision.

On August 19, 2015, the Federal Deposit Insurance Corporation (FDIC) as Receiver for a financial institution filed a civil action against Citibank in the Southern District of New York. This action relates to one private-label RMBS trust for which Citibank formerly served as trustee. FDIC asserts claims for breach of contract, violation of the Streit Act, and violation of the Trust Indenture Act. Citibank jointly briefed a motion to dismiss with The Bank of New York Mellon and U.S. Bank, entities that have also been sued by FDIC in their capacity as trustee, and whose cases are also in front of Judge Carter. Defendants’ joint motion to dismiss was fully briefed as of March 22, 2016. On September 30, 2016, the court granted Citibank’s motion to dismiss the complaint without prejudice for lack of subject matter jurisdiction. On October 14, 2016, FDIC filed a motion for reargument or relief from judgment from the court’s dismissal order. On October 25, 2016, the court granted leave for defendants to file an opposition, which is due November 15, 2016.

There can be no assurances as to the outcome of litigation or the possible impact of litigation on the trustee or the RMBS trusts. However, Citibank denies liability and continues to vigorously defend against these litigations. Furthermore, neither the above-disclosed litigations nor any other pending legal proceeding involving Citibank will materially affect Citibank’s ability to perform its duties as Certificate Administrator under the Pooling and Servicing Agreement for this CMBS transaction.

Item 3.

Sales of Securities and Use of Proceeds.

None

Item 4.

Defaults Upon Senior Securities.

None

Item 5.

Submission of Matters to a Vote of Security Holders.

None

Item 6.

Significant Obligors of Pool Assets.

With respect to the pool assets for Citigroup Commercial Mortgage Trust 2016-P3, there are no significant obligors within the meaning of Item 1101(k) of Regulation AB.

Item 7.

Change in Sponsor Interest in Securities.

None

Item 8.

Significant Enhancement Provider Information.

None

Item 9.

Other Information.

Wells Fargo Bank, National Association, in its capacity as Master Servicer for Citigroup Commercial Mortgage Trust 2016-P3, affirms the following amounts in the respective accounts:


Collection Account Balance
Prior Distribution Date:	10/17/2016	$32,845.26
Current Distribution Date:	11/18/2016	$32,846.00

Loan Combination Custodial Account Balance
Prior Distribution Date:	10/17/2016	$0.00
Current Distribution Date:	11/18/2016	$0.00

*REO Account Balance
Prior Distribution Date	10/17/2016	$0.00
Current Distribution Date	11/18/2016	$0.00

*As provided by the Special Servicer

Citibank, N.A., in its capacity as Certificate Administrator for Citigroup Commercial Mortgage Trust 2016-P3, affirms the following amounts in the respective accounts:


Distribution Account Balance
Prior Distribution Date:	10/17/2016	$0.00
Current Distribution Date:	11/18/2016	$0.00

Interest Reserve Account Balance
Prior Distribution Date:	10/17/2016	$0.00
Current Distribution Date:	11/18/2016	$0.00

Distribution Account Balance
Excess Interest Distribution Account Balance
Prior Distribution Date:	10/17/2016	$0.00
Current Distribution Date:	11/18/2016	$0.00

Excess Liquidation Proceeds Reserve Account Balance
Prior Distribution Date:	10/17/2016	$0.00
Current Distribution Date:	11/18/2016	$0.00

Exchangeable Distribution Account Balance
Prior Distribution Date:	10/17/2016	$0.00
Current Distribution Date:	11/18/2016	$0.00

Item 10.

Exhibits.

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

(99.1): Monthly report distributed to holders of the certificates issued by Citigroup Commercial Mortgage Trust 2016-P3, relating to the November 18, 2016 distribution.

(b) The exhibits required to be filed by the Registrant pursuant to this Form 10-D 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.

Citigroup Commercial Mortgage Securities Inc.

(Depositor)

/s/ Paul Vanderslice

Paul Vanderslice, President

Date: December 1, 2016

EXHIBIT INDEX


Exhibit Number		Description
Exhibit 99.1		Monthly report distributed to holders of the certificates issued by Citigroup Commercial Mortgage Trust 2016-P3, relating to the November 18, 2016 distribution.

Exhibit 99.1

Distribution Date: Determination Date:

11/18/2016 11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3 Commercial Mortgage Pass-Through Certificates

Series 2016-P3

CONTACT INFORMATION


Depositor		Citigroup Commercial Mortgage Securities Inc.

Master Servicer		Wells Fargo Bank, National Association

Special Servicer		C-III Asset Management LLC

Certificate Administrator		Citibank, N.A.

Asset Representations Reviewer / Operating Advisor		Park Bridge Lender Services LLC

Trustee		Wilmington Trust, National Association

CONTENTS


Distribution Summary - Active Certificates			2

Distribution Summary (Factors)			3

Interest Distribution Detail			4

Principal Distribution Detail			5

Reconciliation Detail			6

Other Information			7

Stratification Detail			8

Mortgage Loan Detail			11

Delinquency Loan Detail			13

Appraisal Reduction Detail			15

Loan Modification Detail			17

Specially Serviced Loan Detail			19

Unscheduled Principal Detail			21

Liquidated Loan Detail			23

CREFC Legends			25


Deal Contact:	John Hannon	Citibank, N.A.
	[email protected]	Agency and Trust
	Tel: (212) 816-5693	388 Greenwich Street, 14th Floor
	Fax: (212) 816-5527	New York, NY 10013


Reports Available at sf.citidirect.com		Page 1 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Distribution Summary - Active Certificates

DISTRIBUTION IN DOLLARS


Class (1)	Original Balance (2)		Prior Principal Balance (3)		Pass- Through Rate (4)			Accrual Day Count Fraction (5)		Accrual Dates (6)		Interest Distributed (7)		Principal Distributed (8)		PPP and YM Distributed (9)		Total Distributed (10)=(7+8+9)		Deferred Interest (11)		Realized Loss (12)		Current Principal Balance (13)=(3-8+11-12)
Class A-1		13,614,000.00		12,825,733.23		1.700000	%		30/360		10/01 - 10/31		18,169.79		124,575.71		0.00		142,745.50		0.00		0.00		12,701,157.52
Class A-2		98,127,000.00		98,127,000.00		2.743000	%		30/360		10/01 - 10/31		224,301.97		0.00		0.00		224,301.97		0.00		0.00		98,127,000.00
Class A-3		175,000,000.00		175,000,000.00		3.063000	%		30/360		10/01 - 10/31		446,687.50		0.00		0.00		446,687.50		0.00		0.00		175,000,000.00
Class A-4		221,743,000.00		221,743,000.00		3.329000	%		30/360		10/01 - 10/31		615,152.04		0.00		0.00		615,152.04		0.00		0.00		221,743,000.00
Class A-AB		31,196,000.00		31,196,000.00		3.127000	%		30/360		10/01 - 10/31		81,291.58		0.00		0.00		81,291.58		0.00		0.00		31,196,000.00
Class A-S		40,476,000.00		40,476,000.00		3.585000	%		30/360		10/01 - 10/31		120,922.05		0.00		0.00		120,922.05		0.00		0.00		40,476,000.00
Class B		42,404,000.00		42,404,000.00		4.271000	%		30/360		10/01 - 10/31		150,922.90		0.00		0.00		150,922.90		0.00		0.00		42,404,000.00
Class C		38,548,000.00		38,548,000.00		4.997554	%		30/360		10/01 - 10/31		160,538.09		0.00		0.00		160,538.09		0.00		0.00		38,548,000.00
Class D		44,331,000.00		44,331,000.00		2.804000	%		30/360		10/01 - 10/31		103,586.77		0.00		0.00		103,586.77		0.00		0.00		44,331,000.00
Class E		19,274,000.00		19,274,000.00		4.997554	%		30/360		10/01 - 10/31		80,269.05		0.00		0.00		80,269.05		0.00		0.00		19,274,000.00
Class F		9,637,000.00		9,637,000.00		4.997554	%		30/360		10/01 - 10/31		40,134.52		0.00		0.00		40,134.52		0.00		0.00		9,637,000.00
Class G		36,622,163.00		36,622,163.00		4.997554	%		30/360		10/01 - 10/31		152,517.70		0.00		0.00		152,517.70		0.00		0.00		36,622,163.00
Class R		0.00		0.00		0.000000	%		—		—		0.00		0.00		0.00		0.00		0.00		0.00		0.00

Totals		770,972,163.00		770,183,896.23									2,194,493.96		124,575.71		0.00		2,319,069.67		0.00		0.00		770,059,320.52


Notional Classes

Class X-A		580,156,000.00		579,367,733.23		1.877204	%		30/360		10/01 - 10/31		906,326.32		0.00		0.00		906,326.32		0.00		0.00		579,243,157.52
Class X-B		42,404,000.00		42,404,000.00		0.726554	%		30/360		10/01 - 10/31		25,673.99		0.00		0.00		25,673.99		0.00		0.00		42,404,000.00
Class X-D		44,331,000.00		44,331,000.00		2.193554	%		30/360		10/01 - 10/31		81,035.37		0.00		0.00		81,035.37		0.00		0.00		44,331,000.00

Totals		666,891,000.00		666,102,733.23									1,013,035.68		0.00		0.00		1,013,035.68		0.00		0.00		665,978,157.52


Non-Active Exchangeable Certificates

Class EC		121,428,000.00		121,428,000.00		0.000000	%		30/360		10/01 - 10/31		0.00		0.00		0.00		0.00		0.00		0.00		121,428,000.00


Reports Available at sf.citidirect.com		Page 2 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Distribution Summary (Factors)

PER $1,000 OF ORIGINAL BALANCE


Class	CUSIP	Record Date		Prior Principal Balance ^{(3)/(2) x 1000}		Interest Distributed ^{(7)/(2) x 1000}		Principal Distributed ^{(8)/(2) x 1000}		PPP and YM Distributed ^{(9)/(2) x 1000}		Total Distributed ^{(10)/(2) x 1000}		Deferred Interest ^{(11)/(2) x 1000}		Realized Loss ^{(12)/(2) x 1000}		Current Principal Balance ^{(14)/(2) x 1000}
Class A-1	29429CAA3		10/31/2016		942.098812		1.334640		9.150559		0.000000		10.485199		0.000000		0.000000		932.948253
Class A-2	29429CAB1		10/31/2016		1,000.000000		2.285833		0.000000		0.000000		2.285833		0.000000		0.000000		1,000.000000
Class A-3	29429CAC9		10/31/2016		1,000.000000		2.552500		0.000000		0.000000		2.552500		0.000000		0.000000		1,000.000000
Class A-4	29429CAD7		10/31/2016		1,000.000000		2.774167		0.000000		0.000000		2.774167		0.000000		0.000000		1,000.000000
Class A-AB	29429CAE5		10/31/2016		1,000.000000		2.605833		0.000000		0.000000		2.605833		0.000000		0.000000		1,000.000000
Class A-S	29429CAF2		10/31/2016		1,000.000000		2.987500		0.000000		0.000000		2.987500		0.000000		0.000000		1,000.000000
Class B	29429CAG0		10/31/2016		1,000.000000		3.559167		0.000000		0.000000		3.559167		0.000000		0.000000		1,000.000000
Class C	29429CAH8		10/31/2016		1,000.000000		4.164628		0.000000		0.000000		4.164628		0.000000		0.000000		1,000.000000
Class D	29429CAM7 U1740HAA0 / 29429CAN5		10/31/2016		1,000.000000		2.336667		0.000000		0.000000		2.336667		0.000000		0.000000		1,000.000000
Class E	29429CAP0 U1740HAB8 / 29429CAQ8		10/31/2016		1,000.000000		4.164629		0.000000		0.000000		4.164629		0.000000		0.000000		1,000.000000
Class F	29429CAR6 U1740HAC6 / 29429CAS4		10/31/2016		1,000.000000		4.164628		0.000000		0.000000		4.164628		0.000000		0.000000		1,000.000000
Class G	29429CAT2 U1740HAD4 / 29429CAU9		10/31/2016		1,000.000000		4.164628		0.000000		0.000000		4.164628		0.000000		0.000000		1,000.000000
Class R	29429CAX3		10/31/2016		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000
Class X-A	29429CAJ4		10/31/2016		998.641285		1.562211		0.000000		0.000000		1.562211		0.000000		0.000000		998.426557
Class X-B	29429CAK1		10/31/2016		1,000.000000		0.605462		0.000000		0.000000		0.605462		0.000000		0.000000		1,000.000000
Class X-D	29429CAV7 U1740HAE2 / 29429CAW5		10/31/2016		1,000.000000		1.827962		0.000000		0.000000		1.827962		0.000000		0.000000		1,000.000000


Reports Available at sf.citidirect.com		Page 3 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Interest Distribution Detail

DISTRIBUTION IN DOLLARS


Class ⁽¹⁾	Prior Principal Balance ⁽²⁾		Pass- Through Rate ⁽³⁾			Accrual Day Count Fraction		Optimal Accrued Interest ⁽⁶⁾		Prior Unpaid Interest ⁽⁷⁾		Interest on Prior Unpaid Interest ⁽⁸⁾		Non-Recov. Interest Shortfall ⁽⁹⁾		Interest Due ^{(10)=(6)+(7)+(8)-(9)}		Deferred Interest ⁽¹¹⁾		Interest Distributed ⁽¹²⁾		Current Unpaid Interest ^{(13)=(10)-(11)-(12)}
Class A-1		12,825,733.23		1.70000	%		30/360		18,169.79		0.00		0.00		0.00		18,169.79		0.00		18,169.79		0.00
Class A-2		98,127,000.00		2.74300	%		30/360		224,301.97		0.00		0.00		0.00		224,301.97		0.00		224,301.97		0.00
Class A-3		175,000,000.00		3.06300	%		30/360		446,687.50		0.00		0.00		0.00		446,687.50		0.00		446,687.50		0.00
Class A-4		221,743,000.00		3.32900	%		30/360		615,152.04		0.00		0.00		0.00		615,152.04		0.00		615,152.04		0.00
Class A-AB		31,196,000.00		3.12700	%		30/360		81,291.58		0.00		0.00		0.00		81,291.58		0.00		81,291.58		0.00
Class A-S		40,476,000.00		3.58500	%		30/360		120,922.05		0.00		0.00		0.00		120,922.05		0.00		120,922.05		0.00
Class B		42,404,000.00		4.27100	%		30/360		150,922.90		0.00		0.00		0.00		150,922.90		0.00		150,922.90		0.00
Class C		38,548,000.00		4.99755	%		30/360		160,538.09		0.00		0.00		0.00		160,538.09		0.00		160,538.09		0.00
Class D		44,331,000.00		2.80400	%		30/360		103,586.77		0.00		0.00		0.00		103,586.77		0.00		103,586.77		0.00
Class E		19,274,000.00		4.99755	%		30/360		80,269.05		0.00		0.00		0.00		80,269.05		0.00		80,269.05		0.00
Class F		9,637,000.00		4.99755	%		30/360		40,134.52		0.00		0.00		0.00		40,134.52		0.00		40,134.52		0.00
Class G		36,622,163.00		4.99755	%		30/360		152,517.70		0.02		0.00		0.00		152,517.72		0.00		152,517.70		0.02
Class R		0.00		0.00000	%		—		0.00		0.00		0.00		0.00		0.00		0.00		0.00		0.00

Totals		770,183,896.23							2,194,493.96		0.02		0.00		0.00		2,194,493.98		0.00		2,194,493.96		0.02


Notional Classes

Class X-A		579,367,733.23		1.87720	%		30/360		906,326.32		0.00		0.00		0.00		906,326.32		0.00		906,326.32		0.00
Class X-B		42,404,000.00		0.72655	%		30/360		25,673.99		0.00		0.00		0.00		25,673.99		0.00		25,673.99		0.00
Class X-D		44,331,000.00		2.19355	%		30/360		81,035.37		0.00		0.00		0.00		81,035.37		0.00		81,035.37		0.00

Totals		666,102,733.23							1,013,035.68		0.00		0.00		0.00		1,013,035.68		0.00		1,013,035.68		0.00


Reports Available at sf.citidirect.com		Page 4 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Principal Distribution Detail

DISTRIBUTION IN DOLLARS


Class ⁽¹⁾	Original Balance ⁽²⁾		Prior Principal Balance ⁽³⁾		Scheduled Principal Distribution ⁽⁴⁾		Unscheduled Principal Distribution ⁽⁵⁾		Accreted Principal ⁽⁶⁾		Current Realized Loss ⁽⁷⁾		Current Principal Recoveries ⁽⁸⁾		Current Principal Balance ^{(9)=(3)-(4)-(5)+(6)-(7)+(8)}		Cumulative Realized Loss ⁽¹⁰⁾		Original Class (%) ⁽¹¹⁾			Current Class (%) ⁽¹²⁾			Original Credit Support ⁽¹³⁾			Current Credit Support ⁽¹⁴⁾
Class A-1		13,614,000.00		12,825,733.23		124,575.71		0.00		0.00		0.00		0.00		12,701,157.52		0.00		1.77	%		1.65	%		30.00	%		30.04	%
Class A-2		98,127,000.00		98,127,000.00		0.00		0.00		0.00		0.00		0.00		98,127,000.00		0.00		12.73	%		12.74	%		30.00	%		30.04	%
Class A-3		175,000,000.00		175,000,000.00		0.00		0.00		0.00		0.00		0.00		175,000,000.00		0.00		22.70	%		22.73	%		30.00	%		30.04	%
Class A-4		221,743,000.00		221,743,000.00		0.00		0.00		0.00		0.00		0.00		221,743,000.00		0.00		28.76	%		28.80	%		30.00	%		30.04	%
Class A-AB		31,196,000.00		31,196,000.00		0.00		0.00		0.00		0.00		0.00		31,196,000.00		0.00		4.05	%		4.05	%		30.00	%		30.04	%
Class A-S		40,476,000.00		40,476,000.00		0.00		0.00		0.00		0.00		0.00		40,476,000.00		0.00		5.25	%		5.26	%		24.75	%		24.78	%
Class B		42,404,000.00		42,404,000.00		0.00		0.00		0.00		0.00		0.00		42,404,000.00		0.00		5.50	%		5.51	%		19.25	%		19.27	%
Class C		38,548,000.00		38,548,000.00		0.00		0.00		0.00		0.00		0.00		38,548,000.00		0.00		5.00	%		5.01	%		14.25	%		14.27	%
Class D		44,331,000.00		44,331,000.00		0.00		0.00		0.00		0.00		0.00		44,331,000.00		0.00		5.75	%		5.76	%		8.50	%		8.51	%
Class E		19,274,000.00		19,274,000.00		0.00		0.00		0.00		0.00		0.00		19,274,000.00		0.00		2.50	%		2.50	%		6.00	%		6.01	%
Class F		9,637,000.00		9,637,000.00		0.00		0.00		0.00		0.00		0.00		9,637,000.00		0.00		1.25	%		1.25	%		4.75	%		4.76	%
Class G		36,622,163.00		36,622,163.00		0.00		0.00		0.00		0.00		0.00		36,622,163.00		0.00		4.75	%		4.76	%		0.00	%		0.00	%

Totals		770,972,163.00		770,183,896.23		124,575.71		0.00		0.00		0.00		0.00		770,059,320.52		0.00		100.00	%		100.00	%


Reports Available at sf.citidirect.com		Page 5 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Reconciliation Detail

SOURCE OF FUNDS


Interest Funds Available
Scheduled Interest	3,220,551.14
Prepayment Interest Shortfall	0.00
Interest Adjustments	0.00
Realized Loss in Excess of Principal Balance	0.00

Total Interest Funds Available:		3,220,551.14
Principal Funds Available
Scheduled Principal	124,575.71
Curtailments	0.00
Principal Prepayments	0.00
Net Liquidation Proceeds	0.00
Repurchased Principal	0.00
Substitution Principal	0.00
Other Principal	0.00

Total Principal Funds Available:		124,575.71
Other Funds Available
Yield Maintenance Charges	0.00
Withdrawal of Withheld Amounts from the Interest Reserve Account	0.00
Deposit of Withheld Amounts to the Interest Reserve Account	0.00

Total Other Funds Available:		0.00

Total Funds Available		3,345,126.85

ALLOCATION OF FUNDS


Scheduled Fees
Servicing Fee	7,208.77
Trustee/Certificate Administrator Fee	3,647.65
Operating Advisor Fee	1,621.24
Asset Representations Reviewer Ongoing Fee	212.22
CREFC^® Intellectual Property Royalty License Fee	331.62

Total Scheduled Fees:		13,021.50
Additional Fees, Expenses, etc.
Additional Servicing Fee	0.00
Special Servicing Fee	0.00
Work-out Fee	0.00
Liquidation Fee	0.00
Trust Fund Expenses	0.00
Trust Advisor Expenses	0.00
Reimbursement of Interest on Advances to the Servicer	0.00
Borrower Reimbursable Trust Fund Expenses	0.00
Other Expenses	0.00

Total Additional Fees, Expenses, etc.:		0.00
Distributions
Interest Distribution	3,207,529.64
Principal Distribution	124,575.71
Yield Maintenance Charge Distribution	0.00

Total Distributions:		3,332,105.35

Total Funds Allocated		3,345,126.85


Reports Available at sf.citidirect.com		Page 6 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Other Information


Interest Reserve Account Information
Beginning Interest Reserve Account Balance			0.00
Deposit of Withheld Amounts to the Interest Reserve Account			0.00
Withdrawal of Withheld Amounts from the Interest Reserve Account			0.00
Ending Interest Reserve Account Balance			0.00

Excess Liquidation Proceeds Reserve Account Information
Beginning Excess Liquidation Proceeds Reserve Account Balance			0.00
Deposit to the Excess Liquidation Proceeds Reserve Account			0.00
Withdrawal from the Excess Liquidation Proceeds Reserve Account			0.00
Ending Excess Liquidation Proceeds Reserve Account Balance			0.00

Controlling Class Information
The Controlling Class is Class G.
The Controlling Class Representative is Raith Capital Partners, LLC.

There Are No Disclosable Special Servicer Fees.


Reports Available at sf.citidirect.com		Page 7 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Stratification Detail

Ending Scheduled Balance


Ending Sched Balance	# of Loans		Ending Sched Balance		% of Agg Balance		WAC		WAM		Wtd Avg DSCR
1 to 5,000,000		5		16,981,556.66		2.21		5.1748		111		1.545963
5,000,001 to 10,000,000		10		71,121,648.69		9.24		5.0135		110		1.333966
10,000,001 to 15,000,000		7		79,458,016.35		10.32		5.1408		111		1.654112
15,000,001 to 20,000,000		4		76,870,710.89		9.98		4.9685		111		1.055473
20,000,001 to 25,000,000		3		66,000,000.00		8.57		4.8675		110		1.170985
25,000,001 to 30,000,000		1		27,000,000.00		3.51		4.5680		111		2.980500
30,000,001 to 35,000,000		1		34,752,388.26		4.51		5.5500		113		1.600000
35,000,001 to 40,000,000		3		120,000,000.00		15.58		4.4190		89		1.968000
40,000,001 to 45,000,000		4		167,875,000.00		21.80		4.7290		109		2.996596
45,000,001 to 50,000,000		0		0.00		0.00		0.0000		0		0.000000
50,000,001 to 55,000,000		2		110,000,000.00		14.28		4.9350		83		2.160000

Totals		40		770,059,320.85		100.00		4.8559		103		1.978900

(When current DSCR is not available, the most currently provided DSCR will be used.)

State


State	# of Loans		Ending Sched Balance		% of Agg Balance		WAC		WAM		Wtd Avg DSCR
		3		55,000,000.00		7.14		4.5191		110		0.000000
Alabama		1		6,044,664.23		0.78		4.9900		112		1.318300
Arizona		1		2,000,000.00		0.26		5.0100		111		1.560000
California		3		56,252,388.26		7.30		5.2945		112		1.524270
Florida		3		18,519,357.47		2.40		4.9820		110		1.656594
Hawaii		1		6,700,000.00		0.87		5.0100		111		1.310000
Iowa		1		17,370,710.89		2.26		5.3500		113		1.470000
Illinois		1		8,955,000.00		1.16		4.6710		108		1.617200
Louisiana		1		2,895,982.29		0.38		5.2500		111		1.350000
Maryland		2		30,919,173.75		4.02		5.3403		112		1.332956
Missouri		1		6,037,346.11		0.78		5.0800		111		1.694100
New Jersey		2		9,570,528.08		1.24		5.1809		111		1.433884
New Mexico		1		11,660,000.00		1.51		5.2500		112		2.338600
New York		8		262,393,760.23		34.07		4.7278		101		2.638757
Ohio		1		3,316,216.90		0.43		5.1700		111		1.710000
Oregon		1		20,500,000.00		2.66		5.0000		112		2.160000
South Carolina		1		5,170,350.04		0.67		6.5000		113		1.630000
South Dakota		1		40,000,000.00		5.19		4.3140		109		1.800000
Tennessee		1		13,778,842.60		1.79		4.9730		111		2.139400
Virginia		2		30,600,000.00		3.97		5.3341		111		1.481275
Washington		1		27,000,000.00		3.51		4.5680		111		2.980500
Various		3		135,375,000.00		17.58		4.7936		86		2.017886

Totals		40		770,059,320.85		100.00		4.8559		103		1.978900


Reports Available at sf.citidirect.com		Page 8 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Stratification Detail

Seasoning


Seasoning	# of Loans		Ending Sched Balance		% of Agg Balance		WAC		WAM		Wtd Avg DSCR
12 Months or Less		38		689,684,320.85		89.56		4.9244		106		1.969580
13 to 24 Months		2		80,375,000.00		10.44		4.2682		76		2.058865
25 to 36 Months		0		0.00		0.00		0.0000		0		0.000000
37 to 48 Months		0		0.00		0.00		0.0000		0		0.000000
49 Months or Greater		0		0.00		0.00		0.0000		0		0.000000

Totals		40		770,059,320.85		100.00		4.8559		103		1.978900

Debt Service Coverage Ratio


Debt Service Coverage Ratio	# of Loans		Ending Sched Balance		% of Agg Balance		WAC		WAM		Wtd Avg DSCR
1.250 or Less		7		129,400,000.00		16.80		4.7417		111		0.623754
1.251 to 1.500		10		200,886,357.41		26.09		5.0136		111		1.378946
1.501 to 1.750		14		185,364,763.37		24.07		5.1151		111		1.585747
1.751 to 2.000		2		44,469,357.47		5.77		4.3932		109		1.807819
2.001 to 2.250		2		34,278,842.60		4.45		4.9891		112		2.151720
2.251 to 2.500		1		11,660,000.00		1.51		5.2500		112		2.338600
2.501 to 2.750		1		40,000,000.00		5.19		3.8930		46		2.734000
2.751 to 3.000		2		82,000,000.00		10.65		4.6700		71		2.960043
3.001 to 3.250		0		0.00		0.00		0.0000		0		0.000000
3.251 to 3.500		0		0.00		0.00		0.0000		0		0.000000
3.501 to 3.750		0		0.00		0.00		0.0000		0		0.000000
3.751 to 4.000		0		0.00		0.00		0.0000		0		0.000000
4.001 or Greater		1		42,000,000.00		5.45		4.8615		110		8.064300

Totals		40		770,059,320.85		100.00		4.8559		103		1.978900

(When current DSCR is not available, the most currently provided DSCR will be used.)

Property Type


Property Type	# of Loans		Ending Sched Balance		% of Agg Balance		WAC		WAM		Wtd Avg DSCR
Other		6		123,250,000.00		16.01		4.8257		111		0.747363
Multifamily		1		11,660,000.00		1.51		5.2500		112		2.338600
Retail		9		115,715,881.13		15.03		4.7241		110		1.587573
Industrial		4		88,745,710.89		11.52		4.9770		108		1.448196
Mobile Home Park		1		5,170,350.04		0.67		6.5000		113		1.630000
Office		6		231,393,760.23		30.05		4.7063		100		2.790842
Mixed Use		1		20,500,000.00		2.66		5.0000		112		2.160000
Lodging		8		157,727,636.27		20.48		4.9985		91		2.363588
Self Storage		4		15,895,982.29		2.06		5.1268		111		1.318986

Totals		40		770,059,320.85		100.00		4.8559		103		1.978900

Loan Rate


Loan Rate (%)	# of Loans		Ending Sched Balance		% of Agg Balance		WAC		WAM		Wtd Avg DSCR
4.00 or Less		1		40,000,000.00		5.19		3.8930		46		2.734000
4.01 to 4.25		0		0.00		0.00		0.0000		0		0.000000
4.26 to 4.50		2		65,000,000.00		8.44		4.3140		109		1.107692
4.51 to 4.75		9		266,830,000.00		34.65		4.6807		97		1.700553
4.76 to 5.00		8		121,467,267.06		15.77		4.9119		111		3.940332
5.01 to 5.25		14		183,249,430.85		23.80		5.1343		112		1.443851
5.26 to 5.50		3		42,170,710.89		5.48		5.3720		111		1.510526
5.51 to 5.75		2		46,171,562.01		6.00		5.5574		113		1.590107
5.76 to 6.00		0		0.00		0.00		0.0000		0		0.000000
6.01 to 6.25		0		0.00		0.00		0.0000		0		0.000000
6.26 to 6.50		1		5,170,350.04		0.67		6.5000		113		1.630000
6.51 to 6.75		0		0.00		0.00		0.0000		0		0.000000
6.76 to 7.00		0		0.00		0.00		0.0000		0		0.000000
7.01 or Greater		0		0.00		0.00		0.0000		0		0.000000

Totals		40		770,059,320.85		100.00		4.8559		103		1.978900


Reports Available at sf.citidirect.com		Page 9 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Stratification Detail

Anticipated Remaining Term


Anticipated Remaining Term	# of Loans		Ending Sched Balance		% of Agg Balance		WAC		WAM		Wtd Avg DSCR
60 Months or Less		2		95,000,000.00		12.34		4.3718		49		2.859053
61 to 90 Months		0		0.00		0.00		0.0000		0		0.000000
91 Months or Greater		38		675,059,320.85		87.66		4.9240		111		1.855037

Totals		40		770,059,320.85		100.00		4.8559		103		1.978900

(When current DSCR is not available, the most currently provided DSCR will be used.)

Remaining Amortization Term


Remaining Amortization Term	# of Loans		Ending Sched Balance		% of Agg Balance		WAC		WAM		Wtd Avg DSCR
240 Months or Less		14		365,755,000.00		47.50		4.7007		95		2.585793
241 to 270 Months		0		0.00		0.00		0.0000		0		0.000000
271 to 300 Months		1		4,469,357.47		0.58		5.1020		109		1.877800
301 Months or Greater		25		399,834,963.38		51.92		4.9951		111		1.424864

Totals		40		770,059,320.85		100.00		4.8559		103		1.978900


Reports Available at sf.citidirect.com		Page 10 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Mortgage Loan Detail


Loan	OMCR		Prop Type (1)	City	State	Interest Payment		Principal Payment		Gross Coupon			Maturity Date	Neg Am Flag	Beginning Scheduled Balance		Ending Scheduled Balance		Paid Through Date	Appraisal Reduction Date	Appraisal Reduction Amount		Payment Status (2)		Workout Strategy (3)		Mod Type (4)
303161045		001	RT	Sioux Falls	SD		148,593.33		0.00		4.31400	%	12/1/25	N		40,000,000.00		40,000,000.00	11/1/16	N/A		0.00		0		0		0
305710002		002	LO	Various	XX		223,544.44		0.00		4.72000	%	3/1/21	N		55,000,000.00		55,000,000.00	11/1/16	N/A		0.00		0		0		0
305710003		003	OF	New York	NY		243,909.72		0.00		5.15000	%	4/5/26	N		55,000,000.00		55,000,000.00	11/5/16	N/A		0.00		0		0		0
302691156		004	RT	New York	NY		80,772.22		0.00		4.69000	%	1/6/26	N		20,000,000.00		20,000,000.00	11/6/16	N/A		0.00		0		0		0
304101503		005	OF	New York	NY		184,062.50		0.00		4.75000	%	1/6/26	N		45,000,000.00		45,000,000.00	11/6/16	N/A		0.00		0		0		0
305710006		006	OF	New York	NY		175,825.34		0.00		4.86153	%	1/6/26	N		42,000,000.00		42,000,000.00	11/6/16	N/A		0.00		0		0		0
304101537		007	OF	New York	NY		162,412.88		0.00		4.65700	%	2/6/26	N		40,500,000.00		40,500,000.00	11/6/16	N/A		0.00		0		0		0
305710008		008	IN	Various	XX		161,320.56		0.00		4.64000	%	8/1/25	N		40,375,000.00		40,375,000.00	11/1/16	N/A		0.00		0		0		0
304691103		009	OF	Long Island City	NY		134,092.22		0.00		3.89300	%	9/5/20	N		40,000,000.00		40,000,000.00	11/5/16	N/A		0.00		0		0		0
303161058		010	N/A	Various	XX		173,944.44		0.00		5.05000	%	3/1/26	N		40,000,000.00		40,000,000.00	11/1/16	N/A		0.00		0		0		0
305710011		011	LO	Monterey	CA		166,247.93		33,577.59		5.55000	%	4/5/26	N		34,785,965.85		34,752,388.26	11/5/16	N/A		0.00		0		0		0
305710012		012	LO	SeaTac	WA		106,206.00		0.00		4.56800	%	2/1/26	N		27,000,000.00		27,000,000.00	11/1/16	N/A		0.00		0		0		0
305710013		013	IN	Gainesville	VA		95,501.53		0.00		5.41000	%	1/1/26	N		20,500,000.00		20,500,000.00	11/1/16	N/A		0.00		0		0		0
303161060		014	MU	Beaverton	OR		88,263.89		0.00		5.00000	%	3/1/26	N		20,500,000.00		20,500,000.00	11/1/16	N/A		0.00		0		0		0
304101539		015	N/A	Germantown	MD		87,316.67		0.00		5.20000	%	3/6/26	N		19,500,000.00		19,500,000.00	11/6/16	N/A		0.00		0		0		0
305710016		016	IN	Des Moines	IA		80,107.05		17,615.35		5.35000	%	4/5/26	N		17,388,326.24		17,370,710.89	11/5/16	N/A		0.00		0		0		0
303161057		017	LO	Franklin	TN		59,071.38		15,451.42		4.97300	%	2/1/26	N		13,794,294.02		13,778,842.60	11/1/16	N/A		0.00		0		0		0
305710018		018	MF	Las Cruces	NM		52,712.92		0.00		5.25000	%	3/1/26	N		11,660,000.00		11,660,000.00	11/1/16	N/A		0.00		0		0		0
305710019		019	LO	Aberdeen	MD		54,921.76		10,952.36		5.58000	%	4/5/26	N		11,430,126.11		11,419,173.75	11/5/16	N/A		0.00		0		0		0
303161049		01A	N/A				92,870.83		0.00		4.31400	%	12/1/25	N		25,000,000.00		25,000,000.00	11/1/16	N/A		0.00		0		0		0
305710020		020	RT	Santa Maria	CA		46,887.50		0.00		4.95000	%	2/1/26	N		11,000,000.00		11,000,000.00	11/1/16	N/A		0.00		0		0		0
304101540		021	RT	New York	NY		49,729.17		0.00		5.25000	%	3/6/26	N		11,000,000.00		11,000,000.00	11/6/16	N/A		0.00		0		0		0
305710022		022	IN	Irwindale	CA		43,490.42		0.00		4.81000	%	12/5/25	N		10,500,000.00		10,500,000.00	11/5/16	N/A		0.00		0		0		0
305710023		023	RT	Richmond	VA		45,051.61		0.00		5.18000	%	3/5/26	N		10,100,000.00		10,100,000.00	11/5/16	N/A		0.00		0		0		0
305710024		024	OF	Staten Island	NY		37,493.17		10,217.55		4.89000	%	1/1/26	N		8,903,977.78		8,893,760.23	11/1/16	N/A		0.00		0		0		0
303161063		025	RT	Elk Grove	IL		36,019.25		0.00		4.67100	%	11/1/25	N		8,955,000.00		8,955,000.00	11/1/16	N/A		0.00		0		0		0
305710026		026	N/A	Miami Beach	FL		36,874.93		0.00		4.89400	%	1/5/26	N		8,750,000.00		8,750,000.00	11/5/16	N/A		0.00		0		0		0


Reports Available at sf.citidirect.com		Page 11 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Mortgage Loan Detail


Loan	OMCR		Prop Type (1)	City	State	Interest Payment		Principal Payment		Gross Coupon			Maturity Date	Neg Am Flag	Beginning Scheduled Balance		Ending Scheduled Balance		Paid Through Date	Appraisal Reduction Date	Appraisal Reduction Amount		Payment Status (2)		Workout Strategy (3)		Mod Type (4)
304101528		027	SS	Waipahu	HI		28,904.92		0.00		5.01000	%	2/6/26	N		6,700,000.00		6,700,000.00	11/6/16	N/A		0.00		0		0		0
304101534		028	RT	Alabaster	AL		26,002.40		6,706.45		4.99000	%	3/6/26	N		6,051,370.68		6,044,664.23	11/6/16	N/A		0.00		0		0		0
303161056		029	LO	Branson	MO		26,438.93		6,606.08		5.08000	%	2/1/26	N		6,043,952.19		6,037,346.11	11/1/16	N/A		0.00		0		0		0
305710030		030	LO	Lambertville	NJ		23,171.61		5,740.47		5.10000	%	2/5/26	N		5,276,268.55		5,270,528.08	11/5/16	N/A		0.00		0		0		0
303161055		031	RT	Largo	FL		22,938.11		0.00		5.02600	%	1/1/26	N		5,300,000.00		5,300,000.00	11/1/16	N/A		0.00		0		0		0
303161061		032	MH	Bluffton	SC		28,961.46		3,906.08		6.50000	%	4/1/26	N		5,174,256.12		5,170,350.04	11/1/16	N/A		0.00		0		0		0
305710033		033	LO	Tampa	FL		19,667.27		7,202.67		5.10200	%	12/1/25	N		4,476,560.14		4,469,357.47	11/1/16	N/A		0.00		0		0		0
304101535		034	SS	Ocean Township	NJ		19,550.67		0.00		5.28000	%	3/6/26	N		4,300,000.00		4,300,000.00	11/6/16	N/A		0.00		0		0		0
304101517		035	RT	Various	OH		14,779.43		3,553.75		5.17000	%	2/6/26	N		3,319,770.65		3,316,216.90	11/6/16	N/A		0.00		0		0		0
304101514		036	SS	Denham Springs	LA		13,106.02		3,045.94		5.25000	%	2/6/26	N		2,899,028.23		2,895,982.29	11/6/16	N/A		0.00		0		0		0
304101527		037	SS	Apache Junction	AZ		8,628.33		0.00		5.01000	%	2/6/26	N		2,000,000.00		2,000,000.00	11/6/16	N/A		0.00		0		0		0
302691157		04A	N/A				40,386.11		0.00		4.69000	%	1/6/26	N		10,000,000.00		10,000,000.00	11/6/16	N/A		0.00		0		0		0
302691158		04B	N/A				80,772.22		0.00		4.69000	%	1/6/26	N		20,000,000.00		20,000,000.00	11/6/16	N/A		0.00		0		0		0

Totals		40					3,220,551.14		124,575.71							770,183,896.56		770,059,320.85				0.00


Reports Available at sf.citidirect.com		Page 12 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Delinquency Loan Detail

Loan

Number

OMCR

# of Months
Delinq

Actual
Principal
Balance

Paid
Through
Date

Current P&I
Advances
(Net of ASER)

Total P&I
Advances
Outstanding

Cumulative
Accrued Unpaid
Interest Advances

Other Expense
Advances
Outstanding

Payment
Status
(2)

Workout
Strategy
(3)

Most Recent
Special Serv
Transfer Date

Foreclosure
Date

Bankruptcy
Date

REO
Date

There is no delinquency loan activity for the current distribution period.


Reports Available at sf.citidirect.com		Page 13 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Historical Delinquency Information


Distribution	Less Than 1 Month						1 Month						2 Months						3 Months						4+ Months						Bankruptcy						Foreclosure						REO
Date	End Sched Bal			#			End Sched Bal			#			End Sched Bal			#			End Sched Bal			#			End Sched Bal			#			End Sched Bal			#			End Sched Bal			#			End Sched Bal			#
11/18/2016		0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0
		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%
10/17/2016		42,000,000.00			1			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0
		5.453	%		2.5	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%
09/16/2016		42,000,000.00			1			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0
		5.452	%		2.5	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%
08/17/2016		50,750,000.00			2			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0
		6.587	%		5.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%
07/15/2016		0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0
		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%
06/17/2016		0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0
		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%
05/17/2016		0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0			0.00			0
		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%		0.000	%		0.0	%


Reports Available at sf.citidirect.com		Page 14 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Appraisal Reduction Detail

Loan Number

OMCR

Property Name

Appraisal
Reduction Amount

Appraisal
Reduction Date

Most Recent
ASER Amount

Cumulative

ASER Amount

There is no appraisal reduction activity for the current distribution period.

Totals


Reports Available at sf.citidirect.com		Page 15 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Historical Appraisal Reduction Detail

Distribution Date

Loan
Number

OMCR

Property Name

Appraisal
Reduction Amount

Appraisal
Reduction Date

Most Recent
ASER Amount

Cumulative
ASER Amount

There is no historical appraisal reduction activity.


Reports Available at sf.citidirect.com		Page 16 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Loan Modification Detail

Loan Number

OMCR

Property Name

Modification
Date

Modification
Type (4)

Modification
Description

There is no loan modification activity for the current distribution period.

Totals


Reports Available at sf.citidirect.com		Page 17 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Historical Loan Modification Detail

Distribution Date

Loan
Number

OMCR

Property Name

Modification
Date

Modification
Type (4)

Modification
Description

There is no historical loan modification activity.


Reports Available at sf.citidirect.com		Page 18 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Specially Serviced Loan Detail

Loan Number

OMCR

Workout
Strategy
(3)

Most Recent
Inspection
Date

Most Recent
Specially Serviced
Transfer Date

Most Recent
Valuation
Date

Most Recent
Value

Other REO
Property
Value

Comment from Special Servicer

There is no specially serviced loan activity for the current distribution period.

Totals


Reports Available at sf.citidirect.com		Page 19 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Historical Specially Serviced Loan Detail

Distribution Date

Loan
Number

OMCR

Special
Serviced
Trans Date

Workout
Strategy
(3)

Special
Serviced
Loan to MS

Scheduled
Balance

Actual
Balance

Property
Type
(1)

State

Interest
Rate

Note
Date

Net
Operating
Income (NOI)

DSCR

Maturity
Date

WART

There is no historic specially serviced loan activity.


Reports Available at sf.citidirect.com		Page 20 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Unscheduled Principal Detail

Loan
Number

OMCR

Liquidation /
Prepayment Date

Liquid / Prepay
Type (5)

Unscheduled
Principal Collections

Unscheduled
Principal Adjustments

Other
Interest Adjustments

Prepayment Interest
Excess / (Shortfall)

Prepayment
Penalties

Yield Maintenance
Penalties

There is no unscheduled principal activity for the current distribution period.

Totals


Reports Available at sf.citidirect.com		Page 21 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Historical Unscheduled Principal Detail

Distribution
Date

Loan
Number

OMCR

Liquidation /
Prepayment Date

Liquid / Prepay
Type (5)

Unscheduled
Principal Collections

Unscheduled
Principal Adjustments

Other
Interest Adjustments

Prepayment Interest
Excess / (Shortfall)

Prepayment
Penalties

Yield Maintenance
Penalties

There is no historical unscheduled principal activity.


Reports Available at sf.citidirect.com		Page 22 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Liquidated Loan Detail

Loan Number

OMCR

Final Recovery
Determ Date

Most Recent
Appraisal Date

Most Recent
Appraisal Value

Actual
Balance

Gross
Proceeds

Proceeds as
% of Act Bal

Liquidation
Expenses

Net Liquidation
Proceeds

Net Proceeds
as a % of Act Bal

Realized
Losses

Repurchased by
Seller (Y/N)

There is no liquidated loan activity for the current distribution period.

Totals


Reports Available at sf.citidirect.com		Page 23 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

Historical Liquidated Loan Detail

Distribution
Date

Loan
Number

OMCR

Final Recovery
Determ Date

Most Recent
Appraisal Date

Most Recent
Appraisal Value

Actual
Balance

Gross
Proceeds

Gross Proceeds
as % of Act Bal

Liquidation
Expenses

Net Liquidation
Proceeds

Net Proceeds
as a % of Act Bal

Realized
Loss

Repurchased by
Seller (Y/N)

There is no historical liquidated loan activity.


Reports Available at sf.citidirect.com		Page 24 of 25		© Copyright 2016 Citigroup

Distribution Date:

Determination Date:

11/18/2016

11/14/2016

Citigroup Commercial Mortgage Trust 2016-P3

Commercial Mortgage Pass-Through Certificates

Series 2016-P3

CREFC^® Legends

(1) Property Type

MF = Multifamily

RT = Retail

HC = HealthCare

IN = Industrial

WH = Warehouse

MH = Mobile Home Park

OF = Office

MU = Mixed Use

LO = Lodging

SS = Self Storage

OT = Other

SE = Securities

CH = Cooperative Housing

N/A = Not Available

(2) Payment Status

A. In Grace Period

B. Late, but less than 30 Days

0. Current

1. 30-59 Days Delinquent

2. 60-89 Days Delinquent

3. 90+ Days Delinquent

4. Performing Matured Balloon

5. Non Performing Matured Balloon

98. Not Provided By Servicer

(3) Workout Strategy

1. Modification

2. Foreclosure

3. Bankruptcy

4. Extension

5. Note Sale

6. DPO

7. REO

8. Resolved

9. Pending Return to Master Servicer

10. Deed In Lieu of Foreclosure

11. Full Payoff

12. Reps and Warranties

13. Other or TBD

98. Not Provided By Servicer

(4) Modification Type

1. Maturity Date Extension

2. Amortization Change

3. Principal Write-Off

4. Blank (formerly Combination)

5. Temporary Rate Reduction

6. Capitalization of Interest

7. Capitalization of Taxes

8. Other

9. Combination

(5) Liquidation / Prepayment Type

1. Partial Liquidation (Curtailment)

2. Payoff Prior To Maturity

3. Disposition / Liquidation

4. Repurchase / Substitution

5. Full Payoff At Maturity

6. DPO

7. Not Used

8. Payoff With Penalty

9. Payoff With Yield Maintenance

10. Curtailment With Penalty

11. Curtailment With Yield Maintenance


Reports Available at sf.citidirect.com		Page 25 of 25		© Copyright 2016 Citigroup

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