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Form 10-D CFCRE 2016-C4 Mortgage For: Oct 13

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October 20, 2021 9:46 AM EDT

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
September 14, 2021  to  October 13, 2021

Commission File Number of Issuing entity:333-207567-02

Central Index Key Number of issuing entity:0001671048

CFCRE 2016-C4 Mortgage Trust
(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor:333-207567

Central Index Key Number of depositor:0001515166

CCRE Commercial Mortgage Securities, L.P.
(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor (if applicable):0001558761
Cantor Commercial Real Estate Lending, L.P.
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):0001238163
Société Générale
(Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable):0001632269
Benefit Street Partners CRE Finance LLC
(Exact name of sponsor as specified in its charter)

Paul Vanderslice (212) 915-1294
(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)

81-2261823
38-4005785
(I.R.S. Employer Identification No.)

c/o U.S. Bank National Association
190 S. LaSalle St.
Chicago, IL
(Address of principal executive offices of issuing entity)

60603
(Zip Code)

312-332-7458
(Telephone number, including area code)

Not Applicable
(Former name, former address, if changed since last report)

Registered/reporting pursuant to (check one)
Name of exchange
Title of ClassSection 12(b)Section 12(g)Section 15(d)(If Section 12(b))
A-1☐☐☒_______
A-2☐☐☒_______
A-SB☐☐☒_______
A-3☐☐☒_______
A-4☐☐☒_______
A-HR☐☐☒_______
X-A☐☐☒_______
X-HR☐☐☒_______
X-B☐☐☒_______
X-C☐☐☒_______
A-M☐☐☒_______
B☐☐☒_______
C☐☐☒_______

Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities and 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  ☒  No ☐

PART I - DISTRIBUTION INFORMATION ITEM
Item 1.  Distribution and Pool Performance Information.
On October 13, 2021 a distribution was made to holders of CFCRE 2016-C4 Mortgage Trust. The monthly report to holders is attached as Exhibit 99.1.

No assets securitized by CCRE Commercial Mortgage Securities, L.P. and held by CFCRE 2016-C4 Mortgage Trust 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.

CCRE Commercial Mortgage Securities, L.P. has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 16, 2021. The CIK Number of The Depositor is 0001515166.

Cantor Commercial Real Estate Lending, L.P. has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 16, 2021. The CIK Number of Cantor Commercial Real Estate Lending, L.P. is 0001558761.

Société Générale has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 10, 2021. The CIK Number of Société Générale is 0001238163.

Benefit Street Partners CRE Finance LLC has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 8, 2021. The CIK Number of Benefit Street Partners CRE Finance LLC is 0001632269.

PART II - OTHER INFORMATION

Item 10. Exhibits.
(a)  The following is a list of documents filed as part of this Report on Form 10-D:
99.1 Monthly report distributed to holders of CFCRE 2016-C4 Mortgage Trust, relating to the October 13, 2021 distribution.

(b)  The exhibits required to be filed by the Registrant pursuant to this form are listed in the Exhibit Index that immediately follows on 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.

CCRE Commercial Mortgage Securities, L.P.
(Depositor)

Date: October 19, 2021/s/  Jim Buccola
Name: Jim Buccola
Title: Executive Managing Director

EXHIBIT INDEX

ExhibitDescription

Exhibit 99.1Monthly report distributed to holders of CFCRE 2016-C4 Mortgage Trust, relating to the October 13, 2021 distribution.

October 2021
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
TABLE OF CONTENTS
ADMINISTRATOR
PARTIES TO THE TRANSACTION
DATES
Edward Przybycien
Account Administrator
312-332-7535
https://pivot.usbank.com/
190 S. LaSalle St. 7th Fl.
Chicago, IL 60603
Name:
Title:
Address:
Phone:
Email:
Website:
Sponsor:
Cantor Commercial Real Estate Lending, L.P.
Benefit Street Partners CRE Finance LLC
Société Générale, a société anonyme
Depositor:
CCRE Commercial Mortgage Securities, L.P.
Trustee:
U.S. Bank National Association
Certificate Administrator:
U.S. Bank National Association
Custodian:
U.S. Bank National Association
Master Servicer:
Wells Fargo Bank, National Association
Special Servicer:
Rialto Capital Advisors, LLC
Operating Advisor:
Park Bridge Lender Services LLC
Asset Representations Reviewer :
Park Bridge Lender Services LLC
Payment Date:
Oct 13, 2021
Prior Payment:
Sep 13, 2021
Next Payment:
Nov 15, 2021
Record Date:
Sep 30, 2021
Determination Date:
Oct 6, 2021
First Payment Date:
Jun 10, 2016
Closing Date:
May 18, 2016
Final Distribution Date:
May 10, 2058
* This report contains, or is based on, information furnished to U.S. Bank Global Corporate Trust ("U.S. Bank") by one or more third parties (e.g. Servicers, Master Servicer, etc.), and U.S. Bank
has not independently verified information received from any such third party.
Pass-Through
Original
Beginning
Principal
Interest
Total
Realized
Ending
Class
Rate
Balance
Balance
Distribution
Distribution
Distribution
Loss
Balance
A-1
1.50100%
32,507,000.00
0.00
0.00
0.00
0.00
0.00
0.00
A-2
2.70700%
24,787,000.00
0.00
0.00
0.00
0.00
0.00
0.00
A-SB
3.09100%
46,464,000.00
43,256,507.97
860,827.39
111,421.56
972,248.95
0.00
42,395,680.58
A-3
3.01400%
200,000,000.00
199,999,999.89
0.00
502,333.33
502,333.33
0.00
199,999,999.89
A-4
3.28300%
230,220,000.00
230,220,000.00
0.00
629,843.55
629,843.55
0.00
230,220,000.00
A-HR
3.12100%
54,000,000.00
49,616,235.20
87,134.32
129,043.56
216,177.88
0.00
49,529,100.88
X-A
1.63625%
596,975,000.00
536,473,507.86
0.00
731,503.93
731,503.93
0.00
535,612,680.47
X-HR
1.73039%
54,000,000.00
49,616,235.20
0.00
71,546.40
71,546.40
0.00
49,529,100.88
X-B
0.70439%
37,799,000.00
37,799,000.00
0.00
22,187.85
22,187.85
0.00
37,799,000.00
X-C
0.00000%
37,799,000.00
37,799,000.00
0.00
0.00
0.00
0.00
37,799,000.00
X-D
0.00000%
45,148,000.00
45,148,000.00
0.00
0.00
0.00
0.00
45,148,000.00
X-E
1.35139%
20,999,000.00
20,999,000.00
0.00
23,648.28
23,648.28
0.00
20,999,000.00
X-F
1.35139%
9,450,000.00
9,450,000.00
0.00
10,642.23
10,642.23
0.00
9,450,000.00
X-G
1.35139%
37,798,889.00
37,798,889.00
0.00
42,567.68
42,567.68
0.00
37,798,889.00
A-M
3.69100%
62,997,000.00
62,997,000.00
0.00
193,768.27
193,768.27
0.00
62,997,000.00
B
4.14700%
37,799,000.00
37,799,000.00
0.00
130,627.04
130,627.04
0.00
37,799,000.00
C
4.85139%
37,799,000.00
37,799,000.00
0.00
152,814.89
152,814.89
0.00
37,799,000.00
D
4.85139%
45,148,000.00
45,148,000.00
0.00
182,525.64
182,525.64
0.00
45,148,000.00
E
3.50000%
20,999,000.00
20,999,000.00
0.00
61,247.08
61,247.08
0.00
20,999,000.00
F
3.50000%
9,450,000.00
9,450,000.00
0.00
27,562.50
27,562.50
0.00
9,450,000.00
G
3.50000%
37,798,889.00
37,798,889.00
0.00
100,319.37
100,319.37
0.00
37,798,889.00
R
0.00000%
0.00
0.00
0.00
0.00
0.00
0.00
0.00
V
0.00000%
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Totals:
839,968,889.00
775,083,632.06
947,961.71
3,123,603.18
4,071,564.89
0.00
774,135,670.35
October 2021
PAYMENT DETAIL
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Page 1 of 20
Beginning
Principal
Interest
Total
Realized
Ending
Class
CUSIP
Balance
Distribution
Distribution
Distribution
Loss
Balance
A-1
12531YAJ7
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
A-2
12531YAK4
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
A-SB
12531YAL2
930.96823283
18.52676029
2.39801901
20.92477929
0.00000000
912.44147254
A-3
12531YAM0
999.99999945
0.00000000
2.51166667
2.51166667
0.00000000
999.99999945
A-4
12531YAN8
1,000.00000000
0.00000000
2.73583333
2.73583333
0.00000000
1,000.00000000
A-HR
12531YAP3
918.81917037
1.61359852
2.38969553
4.00329404
0.00000000
917.20557185
X-A
12531YAQ1
898.65322310
0.00000000
1.22535104
1.22535104
0.00000000
897.21124079
X-HR
12531YAR9
918.81917037
0.00000000
1.32493324
1.32493324
0.00000000
917.20557185
X-B
12531YAS7
1,000.00000000
0.00000000
0.58699565
0.58699565
0.00000000
1,000.00000000
X-C
12531YAT5
1,000.00000000
0.00000000
0.00000000
0.00000000
0.00000000
1,000.00000000
X-D
12531YAA6/U1578TAA1
1,000.00000000
0.00000000
0.00000000
0.00000000
0.00000000
1,000.00000000
X-E
12531YAB4/U1578TAB9
1,000.00000000
0.00000000
1.12616231
1.12616231
0.00000000
1,000.00000000
X-F
12531YAC2/U1578TAC7
1,000.00000000
0.00000000
1.12616231
1.12616231
0.00000000
1,000.00000000
X-G
12531YAD0/U1578TAD5
1,000.00000000
0.00000000
1.12616231
1.12616231
0.00000000
1,000.00000000
A-M
12531YAU2
1,000.00000000
0.00000000
3.07583333
3.07583333
0.00000000
1,000.00000000
B
12531YAV0
1,000.00000000
0.00000000
3.45583333
3.45583333
0.00000000
1,000.00000000
C
12531YAW8
1,000.00000000
0.00000000
4.04282898
4.04282898
0.00000000
1,000.00000000
D
12531YAE8/U1578TAE3
1,000.00000000
0.00000000
4.04282898
4.04282898
0.00000000
1,000.00000000
E
12531YAF5/U1578TAF0
1,000.00000000
0.00000000
2.91666667
2.91666667
0.00000000
1,000.00000000
F
12531YAG3/U1578TAG8
1,000.00000000
0.00000000
2.91666667
2.91666667
0.00000000
1,000.00000000
G
12531YAH1/U1578TAH6
1,000.00000000
0.00000000
2.65402958
2.65402958
0.00000000
1,000.00000000
R
12531YAY4
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
V
12531YAX6
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
0.00000000
October 2021
FACTOR DETAIL
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Page 2 of 20
Realized Loss/
Beginning
Scheduled
Unscheduled
Principal
Additonal Trust
Ending
Cumulative
Class
Balance
Principal
Principal
Shortfall
Fund Expenses
Balance
Loss
Original
Current
A-1
0.00
0.00
0.00
0.00
0.00
0.00
0.00
30.00%
NA
A-2
0.00
0.00
0.00
0.00
0.00
0.00
0.00
30.00%
NA
A-SB
43,256,507.97
860,827.39
0.00
0.00
0.00
42,395,680.58
0.00
30.00%
32.55%
A-3
199,999,999.89
0.00
0.00
0.00
0.00
199,999,999.89
0.00
30.00%
32.55%
A-4
230,220,000.00
0.00
0.00
0.00
0.00
230,220,000.00
0.00
30.00%
32.55%
A-HR
49,616,235.20
87,134.32
0.00
0.00
0.00
49,529,100.88
0.00
30.00%
32.55%
A-M
62,997,000.00
0.00
0.00
(0.00)
0.00
62,997,000.00
0.00
22.50%
24.41%
B
37,799,000.00
0.00
0.00
0.00
0.00
37,799,000.00
0.00
18.00%
19.53%
C
37,799,000.00
0.00
0.00
0.00
0.00
37,799,000.00
0.00
13.50%
14.65%
D
45,148,000.00
0.00
0.00
0.00
0.00
45,148,000.00
0.00
8.13%
8.82%
E
20,999,000.00
0.00
0.00
0.00
0.00
20,999,000.00
0.00
5.63%
6.10%
F
9,450,000.00
0.00
0.00
0.00
0.00
9,450,000.00
0.00
4.50%
4.88%
G
37,798,889.00
0.00
0.00
0.00
0.00
37,798,889.00
0.00
0.00%
0.00%
Totals:
775,083,632.06
947,961.71
0.00
0.00
0.00
774,135,670.35
0.00
Credit Support
October 2021
PRINCIPAL DETAIL
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Page 3 of 20
Next
Interest
Net Prepay
Current
Prepayment
Excess
Total Interest
Cumulative
Pass-Through
Accrual
Interest
Interest
Premium/Yield
Interest
Distribution
Unpaid Int
Class
Rate
Amount
Shortfall
Shortfall
Maint. Charges
Amount
Amount
Shortfall
A-1
1.50100%
0.00
0.00
0.00
0.00
0.00
0.00
0.00
A-2
2.70700%
0.00
0.00
0.00
0.00
0.00
0.00
0.00
A-SB
3.09100%
111,421.56
0.00
0.00
0.00
0.00
111,421.56
0.00
A-3
3.01400%
502,333.33
0.00
0.00
0.00
0.00
502,333.33
0.00
A-4
3.28300%
629,843.55
0.00
0.00
0.00
0.00
629,843.55
0.00
A-HR
3.12100%
129,043.56
0.00
0.00
0.00
0.00
129,043.56
0.00
X-A
1.79756%
731,503.93
0.00
0.00
0.00
0.00
731,503.93
0.00
X-HR
1.89191%
71,546.40
0.00
0.00
0.00
0.00
71,546.40
0.00
X-B
0.86591%
22,187.85
0.00
0.00
0.00
0.00
22,187.85
0.00
X-C
0.00000%
0.00
0.00
0.00
0.00
0.00
0.00
0.00
X-D
0.00000%
0.00
0.00
0.00
0.00
0.00
0.00
0.00
X-E
1.51291%
23,648.28
0.00
0.00
0.00
0.00
23,648.28
0.00
X-F
1.51291%
10,642.23
0.00
0.00
0.00
0.00
10,642.23
0.00
X-G
1.51291%
42,567.68
0.00
0.00
0.00
0.00
42,567.68
0.00
A-M
3.69100%
193,768.27
0.00
0.00
0.00
0.00
193,768.27
0.00
B
4.14700%
130,627.04
0.00
0.00
0.00
0.00
130,627.04
0.00
C
5.01291%
152,814.89
0.00
0.00
0.00
0.00
152,814.89
0.00
D
5.01291%
182,525.64
0.00
0.00
0.00
0.00
182,525.64
0.00
E
3.50000%
61,247.08
0.00
0.00
0.00
0.00
61,247.08
0.00
F
3.50000%
27,562.50
0.00
0.00
0.00
0.00
27,562.50
0.00
G
3.50000%
110,246.76
0.00
9,927.39
0.00
0.00
100,319.37
133,624.85
R
0.00000%
0.00
0.00
0.00
0.00
0.00
0.00
0.00
V
0.00000%
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Totals:
3,133,530.57
0.00
9,927.39
0.00
0.00
3,123,603.18
133,624.85
October 2021
INTEREST DETAIL
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Page 4 of 20
Interest
Fees
Scheduled Interest
3,151,721.26
Servicing Fee
12,441.63
Interest Adjustments
(24,242.64)
Trustee/Certificate Administrator Fee
3,875.44
Deferred Interest
0.00
CREFC Intellectual Property Royalty License Fee
322.96
Net Prepayment Interest Shortfall
0.00
Operating Advisor Fee
1,356.90
Net Prepayment Interest Excess
0.00
Asset Representations Reviewer
193.76
Interest Reserve (Deposit)/Withdrawal
0.00
Additional Trust Fund Expenses
0.00
Interest Collections
3,127,478.62
Fee Distributions
18,190.69
Other Expenses of the Trust
Principal
Reimbursed for Interest on Advances
0.00
Scheduled Principal
947,961.71
Net ASER Amount
0.00
Unscheduled Principal
0.00
Special Servicing Fee
9,927.39
Principal Adjustments
0.00
Workout Fee
0.00
Principal Collections
947,961.71
Liquidation Fee
0.00
Special Serv Fee plus Adj.
9,927.39
Non-Recoverable Advances
0.00
Other
Other Expenses or Shortfalls
0.00
Prepayment Premium/Yield Maintenance
0.00
Other Expenses of the Trust
9,927.39
Other Collections
0.00
Payments to Certificateholders
Total Collections
4,075,440.33
Interest Distribution
3,123,603.18
Principal Distribution
947,961.71
Prepayment Premium/Yield Maintenance
0.00
Start
End
Available Distribution Amount
4,071,564.89
Interest Accrual Period
9/1/2021
9/30/2021
Total Distributions
4,075,440.33
Funds Collection
Funds Distribution
October 2021
RECONCILIATION OF FUNDS
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Page 5 of 20
P&I Advances
Disclosable Special Servicer Fees
* Total Current
Special Servicer/Affiliates
Advance
Commission
0.00
Total
Not Provided
Brokerage Fee
0.00
Rebate
0.00
Shared Fee
0.00
Unreimbursed Advances
Total
0.00
Current
Outstanding
Total Servicing
Advance
Advance
Adv. Outstanding
Total
(43,722.28)
533,465.15
55,248.51
Gain on Sale Reserve Account
Beginning
Withdraw/
Ending
* Current advances are not provided by the Servicer
Balance
Deposit
Balance
Total
0.00
0.00
0.00
Controlling Class:
Class G
Interest Reserve Account
Beginning
Withdraw/
Ending
Controlling Class Representative:
RREF III Debt AIV, LP
Balance
Deposit
Balance
Total
0.00
0.00
0.00
Advances
October 2021
MISCELLANEOUS DETAIL
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Page 6 of 20
October 2021
INTEREST ADJUSTMENT RECONCILIATION
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Special
Servicing Fee
Amount plus
Adjustments
Liquidation
Fee Amount
Workout Fee
Amount
Most Recent
Net ASER
Amount
Prepayment
Interest
(Excess)/
Shortfall *
Non-
Recoverable
(Scheduled
Interest Not
Advanced)**
Reimbursed
Interest on
Advances
Modified
Interest Rate
Reduction/
(Excess)
Current Month
Outstanding
Other
Shortfalls/
(Refunds)
Current Ending
Scheduled
Balance
Loan ID
Reimbursement of
Advances to Servicer
5,208.32
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
25,000,000.00
0.00
0.00
12
3,972.30
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
19,024,082.33
0.00
0.00
16
746.77
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3,575,478.33
0.00
0.00
45
47,599,560.66
Count:
Totals:
3
9,927.39
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Interest Shortfall hitting the Trust:
9,927.39
*Total shortfall may not match impact to bonds due to, but not limited to, the net effect of PPIE and Master Servicing fees received as per the governing documents.
**In some cases, the Servicer does not withhold their Servicing Fees on Non-Recoverable loans.
Page 7 of 20
October 2021
APPRAISAL REDUCTION REPORT
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Loan ID
Property Name
Paid Through
Date
ARA (Appraisal
Reduction Amount)
ARA Date
Most Recent Value
Most Recent
Valuation Date
Most Recent Net
ASER Amount
Cumulative ASER
Amount
Count:
Totals:
Page 8 of 20
October 2021
LOAN LEVEL DETAIL
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Loan ID
Property
Type
Transfer
Date
Stat
Maturity
Date
Neg
Am
End Schedule
Balance
Sched
P&I
Prepay
Adj
Prepay
Date
Paid
Thru
Prepay
Premium
Loan
Status **
Interest
Payment
Yield Maint
Charges
Note
Rate
PFY
DSCR
Operating
Stmnt
1
Other
XX
02/06/26
N
50,000,000.00
179,166.67
0.00
10/06/21
0.00
0
179,166.67
0.00
4.300
1.74
12/31/20
1A
02/06/26
N
10,000,000.00
35,833.33
0.00
10/06/21
0.00
0
35,833.33
0.00
4.300
0.00
1B
02/06/26
N
10,000,000.00
35,833.33
0.00
10/06/21
0.00
0
35,833.33
0.00
4.300
0.00
2
Lodging
MO
11/06/24
N
49,529,100.88
275,055.81
0.00
10/06/21
0.00
0
187,921.49
0.00
4.545
-0.67
12/31/20
3
Mixed Use
NY
01/06/26
N
45,000,000.00
158,287.50
0.00
10/06/21
0.00
0
158,287.50
0.00
4.221
4.93
12/31/20
4
Retail
XX
12/06/25
N
40,000,000.00
163,466.67
0.00
10/06/21
0.00
0
163,466.67
0.00
4.904
2.45
12/31/20
4A
12/06/25
N
5,000,000.00
20,433.33
0.00
10/06/21
0.00
0
20,433.33
0.00
4.904
0.00
5
Lodging
OH
02/06/26
N
30,026,686.48
206,337.29
0.00
10/06/21
0.00
0
133,416.51
0.00
5.319
0.31
12/31/20
6
Office
NY
01/06/26
N
30,162,775.55
183,937.65
0.00
10/06/21
0.00
0
134,281.67
0.00
5.334
1.40
12/31/19
7
Office
XX
04/06/26
N
31,886,893.02
176,647.09
0.00
10/06/21
0.00
0
138,872.30
0.00
5.220
2.08
12/31/20
8
Mixed Use
NC
05/06/26
N
28,094,803.22
175,916.26
0.00
10/06/21
0.00
0
119,501.92
0.00
5.094
1.48
12/31/20
9
Multifamily
NH
01/06/26
N
27,813,011.62
154,422.33
0.00
10/06/21
0.00
0
114,406.31
0.00
4.929
1.42
12/31/20
10
Various
XX
03/01/26
N
28,288,043.05
153,933.73
0.00
10/01/21
0.00
0
119,191.72
0.00
5.050
2.41
12/31/20
11
Various
CA
04/06/26
N
24,440,644.37
152,130.93
0.00
10/06/21
0.00
0
114,233.20
0.00
5.600
1.47
12/31/20
12
Multifamily
08/20/20 CA
09/06/25
N
25,000,000.00
102,875.00
0.00
09/06/21
0.00
B
102,875.00
0.00
4.938
2.38
12/31/18
13
Retail
CA
11/06/25
N
22,879,560.09
122,461.58
0.00
10/06/21
0.00
0
87,076.79
0.00
4.560
1.52
12/31/20
14
Retail
HI
05/01/46
N
22,481,410.99
119,326.95
0.00
10/01/21
0.00
0
90,976.95
0.00
4.850
1.64
12/31/20
15
Mobile Home
XX
09/06/25
N
19,701,087.94
114,099.24
0.00
10/06/21
0.00
0
77,691.72
0.00
4.724
1.58
12/31/20
16
Lodging
09/09/20 UT
03/06/26
N
19,024,082.33
136,054.93
0.00
07/06/21
0.00
2
93,110.65
0.00
5.860
-0.01
12/31/20
17
Office
AZ
01/06/26
N
19,700,000.00
67,472.50
0.00
10/06/21
0.00
0
67,472.50
0.00
4.110
4.65
12/31/20
18
Lodging
NV
05/01/26
N
16,475,054.28
96,859.04
0.00
10/01/21
0.00
0
69,050.73
0.00
5.021
0.11
12/31/20
19
Office
WI
11/06/25
N
14,935,158.49
100,565.59
0.00
10/06/21
0.00
0
62,047.17
0.00
4.973
1.41
12/31/20
20
Office
NJ
05/06/26
N
15,259,176.74
90,401.14
0.00
10/06/21
0.00
0
64,959.63
0.00
5.100
1.78
12/31/20
21
Retail
WI
05/06/26
N
15,025,477.45
89,016.62
0.00
10/06/21
0.00
0
63,964.75
0.00
5.100
0.00
22
Office
MI
01/06/26
N
16,000,000.00
61,600.00
0.00
10/06/21
0.00
0
61,600.00
0.00
4.620
6.16
12/31/20
23
Office
IL
04/06/26
N
15,000,000.00
55,875.00
0.00
10/06/21
0.00
0
55,875.00
0.00
4.470
3.16
06/30/20
24
Office
TX
05/06/26
N
10,555,514.53
112,159.24
0.00
10/06/21
0.00
0
39,060.16
0.00
4.410
1.85
12/31/20
25
Retail
IL
11/01/25
N
10,945,000.00
42,603.41
0.00
10/01/21
0.00
0
42,603.41
0.00
4.671
1.38
12/31/20
26
Multifamily
VA
11/06/25
N
9,258,558.74
56,088.30
0.00
10/06/21
0.00
0
40,420.17
0.00
5.230
1.37
12/31/20
27
Retail
OH
01/06/26
N
9,736,247.28
52,044.25
0.00
10/06/21
0.00
0
38,430.70
0.00
4.730
1.46
12/31/20
28
Industrial
NJ
03/06/26
N
8,896,751.04
52,145.50
0.00
10/06/21
0.00
0
38,241.56
0.00
5.150
1.83
12/31/20
29
Industrial
NM
02/06/26
N
8,583,237.67
52,327.94
0.00
10/06/21
0.00
0
38,300.81
0.00
5.346
1.42
12/31/20
30
Mixed Use
VI
04/06/21
02/05/21
31
Office
XX
03/06/26
N
8,729,404.50
47,025.41
0.00
10/06/21
0.00
0
36,126.59
0.00
4.960
1.89
12/31/20
32
Retail
AZ
03/06/26
N
6,965,699.87
43,010.02
0.00
10/06/21
0.00
0
31,976.69
0.00
5.500
1.59
12/31/19
33
Mobile Home
TX
12/06/25
N
6,831,709.06
41,276.03
0.00
10/06/21
0.00
0
29,767.99
0.00
5.220
0.00
34
Multifamily
TX
10/06/25
N
6,648,755.39
44,893.42
0.00
10/06/21
0.00
0
30,041.76
0.00
5.410
0.00
35
Lodging
04/13/20 CA
05/01/26
N
6,368,138.72
36,136.54
0.00
10/01/21
0.00
0
24,773.73
0.00
4.660
1.04
12/31/20
36
Multifamily
FL
01/06/21
11/06/20
37
Multifamily
OK
11/06/25
N
6,625,000.00
26,751.20
0.00
10/06/21
0.00
0
26,751.20
0.00
4.846
2.29
12/31/20
38
Self Storage
GA
05/06/21
02/05/21
Page 9 of 20
October 2021
LOAN LEVEL DETAIL
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Loan ID
Property
Type
Transfer
Date
Stat
Maturity
Date
Neg
Am
End Schedule
Balance
Sched
P&I
Prepay
Adj
Prepay
Date
Paid
Thru
Prepay
Premium
Loan
Status **
Interest
Payment
Yield Maint
Charges
Note
Rate
PFY
DSCR
Operating
Stmnt
39
Office
CA
05/01/26
N
5,200,694.84
30,016.28
0.00
10/01/21
0.00
0
20,977.86
0.00
4.832
0.66
12/31/20
40
Multifamily
WI
02/06/26
N
2,844,708.22
16,940.03
0.00
10/06/21
0.00
0
12,110.54
0.00
5.100
1.22
12/31/20
41
Multifamily
WI
02/06/26
N
2,358,330.81
14,246.86
0.00
10/06/21
0.00
0
10,334.81
0.00
5.250
1.40
12/31/20
42
Lodging
TN
05/06/26
N
4,514,672.49
33,242.96
0.00
10/06/21
0.00
0
20,749.51
0.00
5.500
2.49
12/31/20
43
Multifamily
TX
05/06/26
N
4,328,148.82
26,391.95
0.00
10/06/21
0.00
0
19,507.65
0.00
5.400
0.00
44
Office
CA
03/06/26
N
4,114,334.76
24,571.18
0.00
10/06/21
0.00
0
17,686.90
0.00
5.150
1.01
12/31/20
45
Retail
04/27/21 OH
02/06/26
N
3,575,478.33
23,884.66
0.00
09/06/21
0.00
B
14,831.00
0.00
4.965
1.70
12/31/20
46
Office
03/07/19 NV
01/06/26
N
3,590,305.60
24,690.25
0.00
10/06/21
0.00
0
15,896.02
0.00
5.300
0.00
47
Multifamily
OH
01/06/26
N
3,588,247.75
21,750.31
0.00
10/06/21
0.00
0
15,784.59
0.00
5.270
1.23
12/31/20
48
Mixed Use
GA
12/06/25
N
3,281,898.81
19,917.26
0.00
10/06/21
0.00
0
14,428.89
0.00
5.267
1.35
12/31/20
49
Retail
WA
11/06/25
N
2,545,861.53
15,400.19
0.00
10/06/21
0.00
0
11,081.60
0.00
5.215
1.82
12/31/20
50
Retail
IL
12/06/25
N
2,326,005.10
14,160.27
0.00
10/06/21
0.00
0
10,290.28
0.00
5.300
1.39
12/31/20
774,135,670.36
4,099,682.97
0.00
0.00
53
Totals:
Count:
3,151,721.26
0.00
** Loan Status: A = Payment not received but still in grace period; B = Late Payment but less than 30 days delinquent; 0 = Current; 1 = 30-59 Days Delinquent; 2 = 60-89 Days Delinquent;
3 = 90-120 Days Delinquent; 4 = Performing Matured Balloon; 5 = Non-Performing Matured Balloon; 6 = 121+ Days Delinquent; R = Repurchased.
* If State field is blank or 'XX', loan has properties in multiple states.
Page 10 of 20
October 2021
HISTORICAL LOAN MODIFICATION REPORT
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Loan ID
Ending
Scheduled
Balance
Comments
Ending
Unpaid
Balance
2
49,529,100.88
No comment provided
49,529,100.88
5
30,026,686.48
No comment provided
30,026,686.50
46
3,590,305.60
No comment provided
3,590,305.60
Page 11 of 20
October 2021
REO STATUS REPORT
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Loan ID
State
Ending
Scheduled Loan
Total Exposure
Appraisal Value
REO Date
Date Asset
Expected to
be Resolved
or Foreclosed
REO Revenue
and Other
Amounts
City
Property Type
Book Value
Type *
Appraisal
Date
Count:
Totals:
(*) Legend: (1) Partial Liq'n (Curtailment), (2) Payoff Prior To Maturity, (3) Disposition / Liquidation, (4) Repurchase/ Substitution, (5) Full Payoff At Maturity, (6) DPO, (7) Liquidated, (8) Payoff w/ penalty,
(9) Payoff w/ yield Maintenance, (10) Curtailment w/ Penalty, (11) Curtailment w/ Yield Maintenance
Page 12 of 20
October 2021
ADDITIONAL RECONCILIATION DETAIL
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Loan ID
REO Property with Final Recovery Determination
Liq Proceeds and
other Amts Rec'd
Liq Proceeds and
other Amt Allocated
to Certs
Loss on Mortgage Loans
Page 13 of 20
October 2021
DEFEASED LOAN DETAIL
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Current Ending
Scheduled Balance
Maturity Date
Current
Note Rate
Defeasance
Status *
Loan ID
6,831,709.06
12/06/2025
5.22
F
33
6,648,755.39
10/06/2025
5.41
F
34
4,328,148.82
05/06/2026
5.40
F
43
3,590,305.60
01/06/2026
5.30
F
46
21,398,918.87
Count:
Totals:
4
* Defeasance Status: P = Portion of Loan Previously Defeased. F = Full Defeasance.
Page 14 of 20
October 2021
MATERIAL BREACHES AND DOCUMENT DEFECTS
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Loan ID
Ending Principal
Balance
Material Breach Date
Date Received Notice
Description
Totals:
Count:
Page 15 of 20
October 2021
HISTORICAL DELINQUENCY & LIQUIDATION SUMMARY (STATED BALANCE)
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
30 Days Delinq
60 Days Delinq
Prepayments/Liquidation
REO
Bankruptcy
Foreclosure
Count
Balance
Count
Balance
Balance
Count
Balance
Count
Month
Balance
Count
Balance
Count
Balance
Count
%
90+ Days Delinq
%
%
%
%
%
%
(1)
(2)
(1)
(2)
(1)
(2)
(2)
(2)
(2)
(2)
0
19,024,082.33
0.00
1
0
0.00
0
0
0.00
0
0.00
Oct 2021
0.00
0.0%
2.5%
0.0%
0.0%
0.0%
0.0%
0
0.00
0.0%
1
0.00
19,067,026.61
0
0
0.00
0
0
0.00
0
0.00
Sep 2021
0.00
2.5%
0.0%
0.0%
0.0%
0.0%
0.0%
0
0.00
0.0%
0
0.00
0.00
0
0
0.00
0
0
0.00
0
0.00
Aug 2021
0.00
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0
0.00
0.0%
1
3,601,541.41
19,146,108.71
1
0
0.00
0
0
0.00
0
0.00
Jul 2021
0.00
2.5%
0.5%
0.0%
0.0%
0.0%
0.0%
0
0.00
0.0%
1
19,188,459.99
3,610,487.68
1
0
0.00
0
0
0.00
0
0.00
Jun 2021
0.00
0.5%
2.5%
0.0%
0.0%
0.0%
0.0%
0
0.00
0.0%
0
0.00
0.00
0
1
19,227,490.86
0
0
0.00
0
0.00
May 2021
0.00
0.0%
0.0%
2.5%
0.0%
0.0%
0.0%
0
0.00
0.0%
0
19,269,446.66
0.00
1
1
25,000,000.00
0
0
0.00
0
0.00
Apr 2021
0.00
0.0%
2.5%
3.2%
0.0%
0.0%
0.0%
0
0.00
0.0%
1
0.00
19,308,070.92
0
1
25,000,000.00
0
0
0.00
0
0.00
Mar 2021
0.00
2.5%
0.0%
3.2%
0.0%
0.0%
0.0%
0
0.00
0.0%
0
0.00
0.00
0
1
25,000,000.00
0
0
0.00
0
0.00
Feb 2021
0.00
0.0%
0.0%
3.2%
0.0%
0.0%
0.0%
2
14,549,215.39
1.9%
1
0.00
8,689,272.25
0
2
44,394,096.10
0
0
0.00
0
0.00
Jan 2021
0.00
1.1%
0.0%
5.6%
0.0%
0.0%
0.0%
0
0.00
0.0%
0
19,432,094.52
0.00
1
1
25,000,000.00
0
0
0.00
0
0.00
Dec 2020
0.00
0.0%
2.4%
3.1%
0.0%
0.0%
0.0%
0
0.00
0.0%
1
33,709,511.53
19,473,056.03
2
0
0.00
0
0
0.00
0
0.00
Nov 2020
0.00
2.4%
4.2%
0.0%
0.0%
0.0%
0.0%
1
6,534,883.07
0.8%
2
0.00
33,718,862.61
0
1
19,510,658.01
0
0
0.00
0
0.00
Oct 2020
0.00
4.2%
0.0%
2.4%
0.0%
0.0%
0.0%
0
0.00
0.0%
0
19,551,237.73
0.00
1
0
0.00
0
0
0.00
0
0.00
Sep 2020
0.00
0.0%
2.4%
0.0%
0.0%
0.0%
0.0%
0
0.00
0.0%
1
8,738,807.38
19,588,447.18
1
0
0.00
0
0
0.00
0
0.00
Aug 2020
0.00
2.4%
1.1%
0.0%
0.0%
0.0%
0.0%
0
0.00
0.0%
(2) Percentage in relation to Ending Scheduled Balance
(1) Exclusive of loans in Bankruptcy, Foreclosure and REO
Page 16 of 20
October 2021
Delinquency Summary Report
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Current
30 - 59 days
60 - 89 days
90 - 120 days
121 + days
TOTAL
Delinquent
Loan Count
Sched Bal
Percentage*
Actual Bal
49
755,111,588.03
97.54%
755,120,641.81
0
0.00
0.00%
0.00
1
19,024,082.33
2.46%
19,146,108.72
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
50
774,135,670.36
100.00%
774,266,750.53
Bankruptcy
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
Foreclosure
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
REO
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
TOTAL
Loan Count
Sched Bal
Percentage*
Actual Bal
49
755,111,588.03
97.54%
755,120,641.81
0
0.00
0.00%
0.00
1
19,024,082.33
2.46%
19,146,108.72
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
50
774,135,670.36
100.00%
774,266,750.53
All Groups
Current
30 - 59 days
60 - 89 days
90 - 120 days
121 + days
TOTAL
Delinquent
Loan Count
Sched Bal
Percentage*
Actual Bal
48
705,582,487.15
97.37%
705,591,540.93
0
0.00
0.00%
0.00
1
19,024,082.33
2.63%
19,146,108.72
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
49
724,606,569.48
100.00%
724,737,649.65
Bankruptcy
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
Foreclosure
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
REO
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
TOTAL
Loan Count
Sched Bal
Percentage*
Actual Bal
48
705,582,487.15
97.37%
705,591,540.93
0
0.00
0.00%
0.00
1
19,024,082.33
2.63%
19,146,108.72
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
49
724,606,569.48
100.00%
724,737,649.65
Group 1
Page 17 of 20
October 2021
Delinquency Summary Report
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Current
30 - 59 days
60 - 89 days
90 - 120 days
121 + days
TOTAL
Delinquent
Loan Count
Sched Bal
Percentage*
Actual Bal
1
49,529,100.88
100.00%
49,529,100.88
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
1
49,529,100.88
100.00%
49,529,100.88
Bankruptcy
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
Foreclosure
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
REO
Loan Count
Sched Bal
Percentage*
Actual Bal
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
TOTAL
Loan Count
Sched Bal
Percentage*
Actual Bal
1
49,529,100.88
100.00%
49,529,100.88
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
0
0.00
0.00%
0.00
1
49,529,100.88
100.00%
49,529,100.88
Group 2
* Percentages are based on scheduled balance as a percent of total pool scheduled balance.
Page 18 of 20
October 2021
HISTORICAL LIQUIDATION LOSS LOAN DETAIL
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Current Beginning
Scheduled Balance
Most Recent Value **
Net Proceeds Received
on Liquidation
Liquidation Expense
Net Proceeds Available
for Distribution
Realized Loss to Trust
Loan ID
Liquidation /
Prepayment
Code *
Liquidation
Month
8,689,272.25
12,900,000.00
8,928,954.39
239,682.14
8,689,272.25
0.00
30
3
Feb 2021
8,928,954.39
239,682.14
8,689,272.25
0.00
Count:
Totals:
1
8,689,272.25
12,900,000.00
* Liquidation / Prepayment Code: 1 - Partial Liq'n (Curtailment); 2 - Payoff Prior To Maturity; 3 - Disposition / Liquidation; 4 - Repurchase/ Substitution; 5 - Full Payoff At Maturity; 6 - DPO; 7 - Liquidated; 8 -
Payoff w/ penalty; 9 - Payoff w/ yield Maintenance; 10 - Curtailment w/ Penalty; 11 - Curtailment w/ Yield Maintenance
** Reported as of liquidation period. If not provided by the servicer, Most Recent Value is as of cutoff.
Page 19 of 20
October 2021
BOND/COLLATERAL REALIZED LOSS RECONCILIATION
CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
Loan ID
Beginning
Balance of the
Loan at
Liquidation
Prior Realized
Loss Applied to
Certificates
Amounts
Covered by
Overcollateraliz
ation and other
Credit Support
Interest
(Shortages) /
Excesses
applied to
Realized Loss
Modification
Adjustments /
Appraisal
Reduction
Adjustment
Period
Additional
(Recoveries) /
Expenses
applied to
Realized Loss
Current
Realized Loss
Applied to
Certificates*
Recoveries of
Realized
Losses paid
as Cash
(Recoveries) /
Loss to
Certificate
Interest
Aggregate
Realized Loss
on Loans
A
B
C
D
E
30
8,689,272.25
0.00
0.00
0.00
0.00
0.00
Feb 2021
0.00
0.00
0.00
0.00
1
Loan Count:
Totals:
Prior Realized Loss Applied to Certificates
Reduction to Realized Loss applied to bonds (could represent OC, insurance policies, reserve accounts, etc)
Adjustments that are based on principal haircut or future interest foregone due to modification
Description of Fields
A
B
C
D
E
*In the Initial Period the Current Realized Loss Applied to Certificates will equal Aggregate Realized Loss on Loans - B - C - D + E instead of A - C - D + E
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Amounts classified by the Master as interest adjustments from general collections on a loan with a Realized Loss
Realized Loss Adjustments, Supplemental Recoveries or Expenses on a previously liquidated loan
Page 20 of 20


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