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COMM 2012-CCRE3 Mortgage Trust – ‘10-K’ for 3/29/13

On:  Friday, 3/29/13, at 2:47pm ET   ·   For:  3/29/13   ·   Accession #:  1020242-13-21   ·   File #:  333-172143-06

Previous ‘10-K’:  None   ·   Next:  ‘10-K/A’ on / for 10/28/13   ·   Latest:  ‘10-K’ on 3/13/24 for 12/31/23

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 3/29/13  COMM 2012-CCRE3 Mortgage Trust    10-K        3/29/13   26:2.5M                                   Deutsche Bank Nat’l … Co

Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                         10±    45K 
 3: EX-33       Exhibit 33.1                                        HTML     93K 
 4: EX-33       Exhibit 33.2                                        HTML     42K 
 5: EX-33       Exhibit 33.3                                        HTML     17K 
 6: EX-33       Exhibit 33.4                                        HTML     12K 
 7: EX-33       Exhibit 33.5                                        HTML     14K 
 8: EX-33       Exhibit 33.6                                        HTML     22K 
 9: EX-33       Exhibit 33.7                                        HTML     93K 
10: EX-33       Exhibit 33.8                                        HTML     45K 
11: EX-33       Exhibit 33.9                                        HTML     60K 
12: EX-34       Exhibit 34.1                                        HTML     18K 
13: EX-34       Exhibit 34.2                                        HTML     13K 
14: EX-34       Exhibit 34.3                                        HTML     32K 
15: EX-34       Exhibit 34.4                                        HTML     14K 
16: EX-34       Exhibit 34.5                                        HTML     15K 
17: EX-34       Exhibit 34.6                                        HTML     13K 
18: EX-34       Exhibit 34.7                                        HTML     18K 
19: EX-34       Exhibit 34.8                                        HTML     15K 
20: EX-34       Exhibit 34.9                                        HTML     18K 
21: EX-35       Exhibit 35.1                                        HTML     13K 
22: EX-35       Exhibit 35.2                                        HTML     13K 
23: EX-35       Exhibit 35.3                                        HTML     12K 
24: EX-35       Exhibit 35.4                                        HTML     12K 
25: EX-35       Exhibit 35.5                                        HTML     15K 
26: EX-35       Exhibit 35.6                                        HTML     21K 
 2: EX-31       Certification -- Sarbanes-Oxley Act - Sect. 302        2±    12K 


10-K   —   Annual Report
Document Table of Contents

Page (sequential)   (alphabetic) Top
 
11st Page  –  Filing Submission
"Item 1. Business
"Item 1A. Risk Factors
"Item 1B. Unresolved Staff Comments
"Item 2. Properties
"Item 3. Legal Proceedings
"Item 4. Mine Safety Disclosures
"Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
"Item 6. Selected Financial Data
"Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations
"Item 7A. Quantitative and Qualitative Disclosures About Market Risk
"Item 8. Financial Statements and Supplementary Data
"Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure
"Item 9A. Controls and Procedures
"Item 9B. Other Information
"Item 10. Directors, Executive Officers and Corporate Governance
"Item 11. Executive Compensation
"Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
"Item 13. Certain Relationships and Related Transactions, and Director Independence
"Item 14. Principal Accounting Fees and Services
"Item 15. Exhibits, Financial Statement Schedules


UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2012 or [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period to _______________ from _______________ Commission file number of issuing entity: 333-172143-06 COMM 2012-CCRE3 Mortgage Trust (Exact name of issuing entity as specified in its Charter) Deutsche Mortgage & Asset Receiving Corporation (Exact name of depositor as specified in its Charter) Cantor Commercial Real Estate Lending, L.P. German American Capital Corporation Ladder Capital Finance LLC (Exact name of sponsor as specified in its Charter) 46-1194453 46-1412891 New York 46-6373885 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) c/o Deutsche Bank Trust Company Americas as Certificate Administrator 1761 East St. Andrew Place Santa Ana CA 92705 (Address of principal executive offices) (Zip Code) Telephone number, including area code: (212) 250-2500 Securities registered pursuant to Section 12(b) of the Act: None. Securities registered pursuant to Section 12(g) of the Act: None. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ___ No X Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ___ No X 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 ___ Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Not Applicable Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (Section 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. Not applicable. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check One): Large accelerated filer ___ Accelerated Filer ___ Non-accelerated Filer X (Do not Check if a smaller reporting company) Smaller reporting company ___ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ___ No X State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the of the last business day of the registrant's most recently completed second fiscal quarter. Not Applicable. Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Not Applicable. Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date. Not Applicable. DOCUMENTS INCORPORATED BY REFERENCE List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is incorporated: (1)Any annual report to security holders; (2) Any proxy or information statement; and (3)Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g., annual report to security holders for fiscal year ended December 24, 1980). Not applicable. PART I ITEM 1. Business. Omitted. ITEM 1A. Risk Factors. Omitted. ITEM 1B. Unresolved Staff Comments. None. ITEM 2. Properties. Omitted. ITEM 3. Legal Proceedings. Omitted. ITEM 4. Mine Safety Disclosures. Not Applicable. PART II ITEM 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. Omitted. ITEM 6. Selected Financial Data. Omitted. ITEM 7. Management's Discussion and Analysis of Financial Condition and Results of Operations. Omitted. ITEM 7A. Quantitative and Qualitative Disclosures About Market Risk. Omitted. ITEM 8. Financial Statements and Supplementary Data. Omitted. ITEM 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure. Omitted. ITEM 9A. Controls and Procedures. Omitted. ITEM 9B. Other Information. None. PART III ITEM 10. Directors, Executive Officers and Corporate Governance. Omitted. ITEM 11. Executive Compensation. Omitted. ITEM 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. Omitted. ITEM 13. Certain Relationships and Related Transactions, and Director Independence. Omitted. ITEM 14. Principal Accounting Fees and Services. Omitted. ADDITIONAL DISCLOSURE ITEMS FOR REGULATION AB Item 1112(b) of Regulation AB, Significant Obligor Financial Information. The 260 and 261 Madison Avenue mortgaged property (ID number 1 on Annex A-1 of the prospectus supplement of the Registrant relating to the issuing entity filed on October 15, 2012 pursuant to Rule 424(b)(5)) constitutes a significant obligor within the meaning of 1101(k)(2) of Regulation AB. In accordance with Item 1112(b) of Regulation AB, the most recent unaudited Net Operating Income for the 2012 Fiscal Year End is $19,532,780.00. Item 1114(b)(2) of Regulation AB, Significant Enhancement Provider Information. No entity or group of affiliated entities provides any external credit enhancement or other support for the certificates within this transaction as described under Item 1114 (a) of Regulation AB. Item 1115(b) of Regulation AB, Certain Derivative Instruments (Financial Incorporation). No entity or group of affiliated entities provides any derivative instruments or other support for the certificates within this transaction as described under Item 1115 of Regulation AB. Item 1117 of Regulation AB, Legal Proceedings. The registrant knows of no material pending legal proceeding involving the trust or any party related to the trust, other than routine litigation incidental to the duties of those respective parties. Item 1119 of Regulation AB, Affiliations and Certain Relationships and Related Transactions. The information regarding this Item has been previously provided in a prospectus supplement of the Registrant relating to the issuing entity filed on October 15, 2012 pursuant to Rule 424(b)(5). Item 1122 of Regulation AB, Compliance with Applicable Servicing Criteria. The reports on assessment of compliance with the servicing criteria for asset-backed securities and the related attestation reports on such assessments of compliance are attached hereto under Item 15. Attached as Schedule II to the Pooling and Servicing Agreement incorporated by reference as Exhibit 4 to this report is a chart identifying the entities participating in a servicing function for the transaction responsible for each applicable servicing criteria set forth in Item 1122(d). Item 1123 of Regulation AB, Servicer Compliance Statement. The servicer compliance statements are attached hereto under Item 15. PART IV ITEM 15. Exhibits, Financial Statement Schedules. (a) The following is a list of documents filed as a part of this annual report on Form 10-K: (1) Not Applicable. (2) Not Applicable. (3) 4 Pooling and Servicing Agreement, dated as of October 1, 2012, by and among Deutsche Mortgage & Asset Receiving Corporation, as Depositor, Wells Fargo Bank, National Association, as Master Servicer, Midland Loan Services, a Division of PNC Bank, National Association, as Special Servicer, U.S. Bank National Association, as Trustee, Deutsche Bank Trust Company Americas, as Certificate Administrator, Paying Agent and Custodian, and Situs Holdings, LLC, as Operating Advisor. (Filed as Exhibit 4.1 to the Registrant's Current Report on Form 8-K/A filed on November 21, 2012 and incorporated by reference herein.) 10.1 Mortgage Loan Purchase Agreement, dated as of October 3, 2012 between German American Capital Corporation, as seller, and Deutsche Mortgage & Asset Receiving Corporation, as purchaser. (Filed as Exhibit 99.1 to the Registrant's Current Report on Form 8-K dated October 12, 2012 and filed by the registrant on October 12, 2012, which is incorporated by reference herein). 10.2 Mortgage Loan Purchase Agreement, dated as of October 3, 2012 between Cantor Commercial Real Estate Lending, L.P., as seller, and Deutsche Mortgage & Asset Receiving Corporation, as purchaser. (Filed as Exhibit 99.2 to the Registrant's Current Report on Form 8-K dated October 12, 2012 and filed by the registrant on October 12, 2012, which is incorporated by reference herein). 10.3 Mortgage Loan Purchase Agreement, dated as of October 3, 2012 between Ladder Capital Finance LLC, as seller, and Deutsche Mortgage & Asset Receiving Corporation, as purchaser. (Filed as Exhibit 99.3 to the Registrant's Current Report on Form 8-K dated October 12, 2012 and filed by the registrant on October 12, 2012, which is incorporated by reference herein). 31 Rule 13a-14(d)/15d-14(d) Certification. 33 Reports on assessment of compliance with servicing criteria for asset-backed securities. 33.1 Wells Fargo Bank, National Association as Master Servicer 33.2 Midland Loan Services, a Division of PNC Bank, National Association as Special Servicer 33.3 Deutsche Bank Trust Company Americas as Certificate Administrator and Custodian 33.4 CoreLogic Commercial Real Estate Services, Inc. as Servicing Function Participant 33.5 National Tax Search, LLC as Servicing Function Participant 33.6 Situs Holdings, LLC as Operating Advisor 33.7 Wells Fargo Bank, National Association as Certificate Administrator and Custodian for both the Crossgate Mall Mortgage Loan and the Prince Building Mortgage Loan 33.8 Park Bridge Lender Services LLC as Operating Advisor for both the Crossgate Mall Mortgage Loan and the Prince Building Mortgage Loan 33.9 Torchlight Loan Services, LLC as Special Servicer for the Prince Building Mortgage Loan 34 Attestation reports on assessment of compliance with servicing criteria for asset-backed securities. 34.1 Wells Fargo Bank, National Association as Master Servicer 34.2 Midland Loan Services, a Division of PNC Bank, National Association as Special Servicer 34.3 Deutsche Bank Trust Company Americas as Certificate Administrator and Custodian 34.4 CoreLogic Commercial Real Estate Services, Inc. as Servicing Function Participant 34.5 National Tax Search, LLC as Servicing Function Participant 34.6 Situs Holdings, LLC as Operating Advisor 34.7 Wells Fargo Bank, National Association as Certificate Administrator and Custodian for both the Crossgate Mall Mortgage Loan and the Prince Building Mortgage Loan 34.8 Park Bridge Lender Services LLC as Operating Advisor for both the Crossgate Mall Mortgage Loan and the Prince Building Mortgage Loan 34.9 Torchlight Loan Services, LLC as Special Servicer for the Prince Building Mortgage Loan 35 Servicer compliance statement. 35.1 Wells Fargo Bank, National Association as Master Servicer 35.2 Midland Loan Services, a Division of PNC Bank, National Association as Special Servicer 35.3 Deutsche Bank Trust Company Americas as Certificate Administrator 35.4 Deutsche Bank Trust Company Americas as Custodian 35.5 Wells Fargo Bank, National Association as Certificate Administrator and Custodian for both the Crossgate Mall Mortgage Loan and the Prince Building Mortgage Loan 35.6 Torchlight Loan Services, LLC as Special Servicer for the Prince Building Mortgage Loan (b) The exhibits required to be filed by the Registrant pursuant to Item 601 of Regulation S-K are listed above and in the Exhibit Index that immediately follows the signature page hereof. (c) Not Applicable. SIGNATURES Pursuant to the requirements of Section 13 or 15(d) 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. Deutsche Mortgage & Asset Receiving Corporation (Depositor) /s/ Helaine M. Kaplan, President _____________________________ Helaine M. Kaplan, President (senior officer in charge of securitization of the depositor) Date: March 29, 2013 /s/ Natalie D. Grainger ______________________________ Natalie D. Grainger, Vice President Date: March 29, 2013 EXHIBIT INDEX Exhibit No. 4 Pooling and Servicing Agreement, dated as of October 1, 2012, by and among Deutsche Mortgage & Asset Receiving Corporation, as Depositor, Wells Fargo Bank, National Association, as Master Servicer, Midland Loan Services, a Division of PNC Bank, National Association, as Special Servicer, U.S. Bank National Association, as Trustee, Deutsche Bank Trust Company Americas, as Certificate Administrator, Paying Agent and Custodian, and Situs Holdings, LLC, as Operating Advisor. (Filed as Exhibit 4.1 to the Registrant's Current Report on Form 8-K/A filed on November 21, 2012 and incorporated by reference herein.) 10.1 Mortgage Loan Purchase Agreement, dated as of October 3, 2012 between German American Capital Corporation, as seller, and Deutsche Mortgage & Asset Receiving Corporation, as purchaser. (Filed as Exhibit 99.1 to the Registrant's Current Report on Form 8-K dated October 12, 2012 and filed by the registrant on October 12, 2012, which is incorporated by reference herein). 10.2 Mortgage Loan Purchase Agreement, dated as of October 3, 2012 between Cantor Commercial Real Estate Lending, L.P., as seller, and Deutsche Mortgage & Asset Receiving Corporation, as purchaser. (Filed as Exhibit 99.2 to the Registrant's Current Report on Form 8-K dated October 12, 2012 and filed by the registrant on October 12, 2012, which is incorporated by reference herein). 10.3 Mortgage Loan Purchase Agreement, dated as of October 3, 2012 between Ladder Capital Finance LLC, as seller, and Deutsche Mortgage & Asset Receiving Corporation, as purchaser. (Filed as Exhibit 99.3 to the Registrant's Current Report on Form 8-K dated October 12, 2012 and filed by the registrant on October 12, 2012, which is incorporated by reference herein). 31 Rule 13a-14(d)/15d-14(d) Certification. 33 Reports on assessment of compliance with servicing criteria for asset-backed securities. 33.1 Wells Fargo Bank, National Association as Master Servicer 33.2 Midland Loan Services, a Division of PNC Bank, National Association as Special Servicer 33.3 Deutsche Bank Trust Company Americas as Certificate Administrator and Custodian 33.4 CoreLogic Commercial Real Estate Services, Inc. as Servicing Function Participant 33.5 National Tax Search, LLC as Servicing Function Participant 33.6 Situs Holdings, LLC as Operating Advisor 33.7 Wells Fargo Bank, National Association as Certificate Administrator and Custodian for both the Crossgate Mall Mortgage Loan and the Prince Building Mortgage Loan 33.8 Park Bridge Lender Services LLC as Operating Advisor for both the Crossgate Mall Mortgage Loan and the Prince Building Mortgage Loan 33.9 Torchlight Loan Services, LLC as Special Servicer for the Prince Building Mortgage Loan 34 Attestation reports on assessment of compliance with servicing criteria for asset-backed securities. 34.1 Wells Fargo Bank, National Association as Master Servicer 34.2 Midland Loan Services, a Division of PNC Bank, National Association as Special Servicer 34.3 Deutsche Bank Trust Company Americas as Certificate Administrator and Custodian 34.4 CoreLogic Commercial Real Estate Services, Inc. as Servicing Function Participant 34.5 National Tax Search, LLC as Servicing Function Participant 34.6 Situs Holdings, LLC as Operating Advisor 34.7 Wells Fargo Bank, National Association as Certificate Administrator and Custodian for both the Crossgate Mall Mortgage Loan and the Prince Building Mortgage Loan 34.8 Park Bridge Lender Services LLC as Operating Advisor for both the Crossgate Mall Mortgage Loan and the Prince Building Mortgage Loan 34.9 Torchlight Loan Services, LLC as Special Servicer for the Prince Building Mortgage Loan 35 Servicer compliance statement. 35.1 Wells Fargo Bank, National Association as Master Servicer 35.2 Midland Loan Services, a Division of PNC Bank, National Association as Special Servicer 35.3 Deutsche Bank Trust Company Americas as Certificate Administrator 35.4 Deutsche Bank Trust Company Americas as Custodian 35.5 Wells Fargo Bank, National Association as Certificate Administrator and Custodian for both the Crossgate Mall Mortgage Loan and the Prince Building Mortgage Loan 35.6 Torchlight Loan Services, LLC as Special Servicer for the Prince Building Mortgage Loan

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on / For Period End:3/29/13
12/31/12
11/21/128-K/A
10/15/12424B5
10/12/128-K,  8-K/A
10/3/12FWP
10/1/12FWP
 List all Filings 
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Filing Submission 0001020242-13-000021   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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