Form 10-D/A CSAIL 2016-C6 Commercial For: Dec 16
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E-mailUNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 10-D/A
Amendment No. 1
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: November 19, 2022 to December 16, 2022
Commission File Number of issuing entity: 333-207361-02
Central Index Key Number of issuing entity: 0001672609
CSAIL 2016-C6
Commercial Mortgage Trust
(Exact name of issuing entity as specified in its charter)
Commission File Number of depositor: 333-207361
Central Index Key Number of depositor: 0001654060
Credit Suisse
Commercial Mortgage Securities Corp.
(Exact name of depositor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001628601
Column
Financial, Inc.
(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)
Central Index Key Number of sponsor (if applicable): 0001497973
The Bank of New
York Mellon
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001576832
MC-Five Mile
Commercial Mortgage Finance LLC
(Exact name of sponsor as specified in its charter)
Central Index Key Number of sponsor (if applicable): 0001505494
The Bancorp
Bank
(Exact name of sponsor as specified in its charter)
Julia C. Powell (212) 538-1807
(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)
38-3991428
38-3991429
38-7145129
(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-5 |
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X |
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A-SB |
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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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A-S |
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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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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
Explanatory Note:
This Form 10-D/A is being filed to provide the unaudited net operating income amount for the 200 Forest Street Mortgage Loan for the period from January 1, 2022 to September 30, 2022, which was unavailable on December 30, 2022 when the Form 10-D was filed. The Form 10-D filed on December 30, 2022 (SEC Accession No. 0001888524-22-016365) should be disregarded, and this Form 10-D/A should be referred to for the unaudited net operating income amount reported under Item 6. No modifications were made to the monthly distribution report.
Part I - DISTRIBUTION INFORMATION
Item 1. Distribution and Pool Performance Information.
On December 16, 2022 a distribution was made to holders of the certificates issued by CSAIL 2016-C6 Commercial Mortgage Trust.
The distribution report is attached as an Exhibit to this Form 10-D/A, 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 CSAIL 2016-C6 Commercial Mortgage Trust in accordance with Item 1100(b) as required by Item 1121(a)(9) of Regulation AB:
Loss Information as reported on December 16, 2022
|
Number of Delinquencies 30+ days |
% of Delinquencies 30+ days by Pool Balance |
Number of Loans/REOs with Losses |
Average Net Loss |
|
0 |
N/A |
3 |
$1,568.80 |
No assets securitized by Credit Suisse Commercial Mortgage Securities Corp. (the "Depositor") and held by CSAIL 2016-C6 Commercial Mortgage Trust were the subject of a demand to repurchase for breach of the representations and warranties contained in the underlying transaction documents during the distribution period from November 19, 2022 to December 16, 2022.
The Depositor has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 11, 2022. The CIK number of the Depositor is 0001654060.
Column Financial, Inc. ("Column"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 11, 2022. The CIK number of Column is 0001628601.
Benefit Street Partners CRE Finance LLC (“BSPCF”, previously known as BSPCC Lender L.L.C.), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 11, 2022. The CIK number of BSPCF is 0001632269.
The Bank of New York Mellon ("BNY"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 23, 2018. The CIK number of BNY is 0001497973.
MC-Five Mile Commercial Mortgage Finance LLC ("MC-Five Mile"), one of the sponsors, 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 MC-Five Mile is 0001576832.
The Bancorp Bank ("Bancorp"), one of the sponsors, has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on January 27, 2022. The CIK number of Bancorp is 0001505494.
Part II - OTHER INFORMATION
Item 6. Significant Obligors of Pool Assets.
The 200 Forest Street Mortgage Loan constitutes a significant obligor within the meaning of Item 1101(k)(2) of Regulation AB and as disclosed in the Prospectus filed with the SEC on May 26, 2016 for CSAIL 2016-C6 Commercial Mortgage Trust. In accordance with Item 1112(b) of Regulation AB, the most recent unaudited net operating income of the significant obligor was $5,837,931.00 for the period from January 1, 2022 to September 30, 2022.
The GLP Industrial Portfolio B Mortgage Loan which represented 10% or more of the pool assets held by the issuing entity as of its cut-off date, is no longer a pool asset.
Item 9. Other Information.
KeyBank National Association, in its capacity as Master Servicer for CSAIL 2016-C6 Commercial Mortgage Trust, affirms the following amounts in the respective accounts:
|
Collection Account Balance |
||
|
Prior Distribution Date |
11/18/2022 |
$0.00 |
|
Current Distribution Date |
12/16/2022 |
$0.00 |
|
REO Account Balance |
||
|
Prior Distribution Date |
11/18/2022 |
$0.00 |
|
Current Distribution Date |
12/16/2022 |
$0.00 |
Computershare Trust Company, N.A., as agent for Wells Fargo Bank, N.A., in its capacity as Certificate Administrator for CSAIL 2016-C6 Commercial Mortgage Trust, affirms the following amounts in the respective accounts:
|
Distribution Account Balance |
||
|
Prior Distribution Date |
11/18/2022 |
$3,679.36 |
|
Current Distribution Date |
12/16/2022 |
$3,556.88 |
|
Interest Reserve Account Balance |
||
|
Prior Distribution Date |
11/18/2022 |
$0.00 |
|
Current Distribution Date |
12/16/2022 |
$0.00 |
|
Gain-on-Sale Reserve Account Balance |
||
|
Prior Distribution Date |
11/18/2022 |
$0.00 |
|
Current Distribution Date |
12/16/2022 |
$0.00 |
Item 10. Exhibits.
(a) The following is a list of documents filed as part of this Report on Form 10-D/A:
(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.
Credit Suisse Commercial Mortgage Securities Corp.
(Depositor)
/s/ Julia C. Powell
Julia C. Powell, President and CEO
Date: February 2, 2023
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