Form 10-D J.P. Morgan Chase Commer For: Sep 16
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E-mailUNITED 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: August 18, 2022 to September 16, 2022
Commission File Number of issuing entity: 333-190246-01
Central Index Key Number of issuing entity: 0001590231
J.P. Morgan
Chase Commercial Mortgage Securities Trust 2013-C16
(Exact name of issuing entity as specified in its charter)
Commission File Number of depositor: 333-190246
Central Index Key Number of depositor: 0001013611
J.P. Morgan
Chase Commercial Mortgage Securities Corp.
(Exact name of depositor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0000835271
JPMorgan Chase
Bank, National Association
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001660492
GE Capital US Holdings, Inc. (successor in interest to certain obligations of General Electric Capital Corporation)
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001567746
Redwood
Commercial Mortgage Corporation
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001541468
Ladder Capital
Finance LLC
(Exact name of sponsor as specified in its charter)
John Miller (212) 272-8363
(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)
38-3918812
38-3918813
38-7109053
(I.R.S. Employer Identification No.)
c/o
Computershare Trust Company, N.A., as agent for
Wells Fargo Bank, National Association
9062 Old Annapolis Road
Columbia, MD 21045
(Address of principal executive offices of the issuing entity) (Zip Code)
(410) 884-2000
(Telephone number, including area code)
Not Applicable
(Former name, former address, if changed since last report)
Registered/reporting pursuant to (check one)
|
Title of Class |
Section 12(b) |
Section 12(g) |
Section 15(d) |
Name of Exchange (If Section 12(b)) |
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A-1 |
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X |
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A-2 |
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X |
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A-3 |
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X |
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A-4 |
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X |
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A-SB |
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|
X |
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|
A-S |
|
|
X |
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B |
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|
X |
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C |
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X |
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X-A |
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X |
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X-B |
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X |
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EC |
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X |
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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 September 16, 2022 a distribution was made to holders of the certificates issued by J.P. Morgan Chase Commercial Mortgage Securities Trust 2013-C16.
The distribution report is attached as an Exhibit to this Form 10-D, please see Item 10(b), Exhibit 99.1 for the related information.
The following table presents the loss information for the trust assets for the J.P. Morgan Chase Commercial Mortgage Securities Trust 2013-C16 in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:
Loss Information as reported on September 16, 2022
|
Number of Delinquencies 30+ days |
% of Delinquencies 30+ days by Pool Balance |
Number of Loans/REOs with Losses |
Average Net Loss |
|
2 |
4.17% |
2 |
$3,385,271.45 |
No assets securitized by J.P. Morgan Chase Commercial Mortgage Securities Corp. (the "Depositor") and held by J.P. Morgan Chase Commercial Mortgage Securities Trust 2013-C16 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 from August 18, 2022 to September 16, 2022.
The Depositor filed its most recent Form ABS-15G in accordance with Rule 15Ga-1 under the Exchange Act (a "Rule 15Ga-1 Form ABS-15G") on February 14, 2022. The CIK number for the Depositor is 0001013611.
JPMorgan Chase Bank, National Association filed its most recent Rule 15Ga-1 Form ABS-15G for this asset class on February 14, 2022. The CIK number for JPMorgan Chase Bank, National Association is 0000835271.
GE Capital US Holdings, Inc. (successor in interest to certain obligations of General Electric Capital Corporation) filed its most recent Rule 15Ga-1 Form ABS-15G on February 15, 2022. The CIK number for GE Capital US Holdings, Inc. is 0001660492.
Redwood Commercial Mortgage Corporation filed its most recent Rule 15Ga-1 Form ABS-15G on January 26, 2022. The CIK number for Redwood Commercial Mortgage Corporation is 0001567746.
Ladder Capital Finance LLC filed its most recent Rule 15Ga-1 Form ABS-15G on February 14, 2022. The CIK number for Ladder Capital Finance LLC is 0001541468.
Part II - OTHER INFORMATION
Item 6. Significant Obligors of Pool Assets.
The Aire Mortgage Loan (Loan #1 on Annex A-1 to the Prospectus Supplement of the registrant relating to the issuing entity filed on November 20, 2013 pursuant to Rule 424(b)(5) (the "Prospectus Supplement")) constitutes a significant obligor within the meaning of Item 1101(k)(2) of Regulation AB as disclosed in the Prospectus Supplement. In accordance with Item 1112(b)(1) of Regulation AB, the most recent unaudited net operating income of the significant obligor was $5,659,315.63 for the period from January 1, 2022 to June 30, 2022.
Item 7. Change in Sponsor Interest in the Securities.
None
Item 9. Other Information.
Wells Fargo Bank, N.A., in its capacity as Master Servicer for J.P. Morgan Chase Commercial Mortgage Securities Trust 2013-C16, affirms the following amounts in the respective accounts:
|
Certificate Account Beginning and Ending Balance |
||
|
Prior Distribution Date |
08/17/2022 |
$0.00 |
|
Current Distribution Date |
09/16/2022 |
$0.00 |
|
*REO Account Beginning and Ending Balance |
||
|
Prior Distribution Date |
08/17/2022 |
$316.27 |
|
Current Distribution Date |
09/16/2022 |
$0.00 |
|
*As provided by Special Servicer |
||
Computershare Trust Company, N.A., as agent for Wells Fargo Bank, N.A., in its capacity as Certificate Administrator for J.P. Morgan Chase Commercial Mortgage Securities Trust 2013-C16, affirms the following amounts in the respective accounts:
|
Distribution Account Beginning and Ending Balance |
||
|
Prior Distribution Date |
08/17/2022 |
$2,248.78 |
|
Current Distribution Date |
09/16/2022 |
$2,244.74 |
|
Interest Reserve Account Beginning and Ending Balance |
||
|
Prior Distribution Date |
08/17/2022 |
$0.00 |
|
Current Distribution Date |
09/16/2022 |
$0.00 |
|
Gain-on-Sale Reserve Account Beginning and Ending Balance |
||
|
Prior Distribution Date |
08/17/2022 |
$0.00 |
|
Current Distribution Date |
09/16/2022 |
$0.00 |
Item 10. Exhibits.
(a) The following is a list of documents filed as part of this Report on Form 10-D:
(b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above.
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.
J.P. Morgan Chase Commercial Mortgage Securities Corp.
(Depositor)
/s/ John Miller
John Miller, Executive Director
Date: September 28, 2022
ATTACHMENTS / EXHIBITS
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