<PAGE>                                    
Chase Commercial Mortgage Securities Corp.
Commercial Mortgage Pass-through Certificates
Series 1996-1
Statement to Certificateholders

<TABLE>

DIST DATE.        18_MAY-1998                                                                                               PAGE:  1
RECORD DATE:      30_APR-1998

<CAPTION>

                                                                                           Collateral
                  Original          Beginning                                  Prepayment  Support                     Ending
Class  Cusip #   Certificate       Certificate     Principal       Interest    Penalties   Deficit      Total         Certificate
                   Balance           Balance       Distribution   Distribution  (PP/YMCI)  Allocation/  Distribution    Balance
                                                                                             (Reimb)   
<S>  <C>        <C>              <C>              <C>           <C>            <C>        <C>         <C>            <C>            
A1   161505AA0   190,000,000.00   181,101,637.04   457,691.93    1,146,977.03    0.00        0.00      1,604,668.96   180,643,945.11
A2   161505AB8   123,421,002.00   123,421,002.00         0.00      781,666.35    0.00        0.00        781,666.35   123,421,002.00
P    161505AC6     1,222,154.00     1,189,476.65     1,662.86            0.00    0.00        0.00          1,662.86     1,187,813.79
B    161505AE2    26,589,563.00    26,589,563.00         0.00      168,400.57    0.00        0.00        168,400.57    26,589,563.00
C    161505AF9    22,157,969.00    22,157,969.00         0.00      140,333.80    0.00        0.00        140,333.80    22,157,969.00
D    161505AG7    15,510,578.00    15,510,578.00         0.00       98,233.66    0.00        0.00         98,233.66    15,510,578.00
E    161505AH5    11,078,984.00    11,078,984.00         0.00       70,166.90    0.00        0.00         70,166.90    11,078,984.00
F    161505AJ1    24,373,766.00    24,373,766.00         0.00      154,367.18    0.00        0.00        154,367.18    24,373,766.00
G    161505AK8    17,726,375.00    17,726,375.00         0.00      112,267.04    0.00        0.00        112,267.04    17,726,375.00
H    161505AL6    11,078,984.00    11,078,984.00         0.00       69,040.72    0.00        0.00         69,040.72    11,078,984.00
R                          0.00             0.00         0.00            0.00    0.00        0.00              0.00             0.00

TOTAL            443,159,375.00   434,228,334.69   459,354.79    2,741,453.25    0.00        0.00      3,200,808.04   433,768,979.90

                            Original         Beginning                         Prepayment                          Ending
Class     Cusip #           Notional          Notional          Interest       Penalties         Total            Notional
                            Balance           Balance         Distribution     (PP/YMCI)      Distribution        Balance
<S>       <C>            <C>               <C>               <C>               <C>           <C>                 <C>            
X         161505AD4       443,159,377.53    434,228,337.22        296,937.59       0.00          296,937.59        433,768,982.43


Factor Information Per $1000

Class         Cusip #          Principal            Interest          End Prin       Pass Thru Rate
                               Distribution        Distribution        Balance
<S>         <C>               <C>                 <C>               <C>             <C>             
  A1        161505AA0              2.40890489        6.03672121      950.75760584     7.60000%
  A2        161505AB8              0.00000000        6.33333337     1000.00000000     7.60000%
  P         161505AC6              1.36059776        0.00000082      971.90189616     0.00000%
  B         161505AE2              0.00000000        6.33333350     1000.00000000     7.60000%
  C         161505AF9              0.00000000        6.33333317     1000.00000000     7.60000%
  D         161505AG7              0.00000000        6.33333329     1000.00000000     7.60000%
  E         161505AH5              0.00000000        6.33333345     1000.00000000     7.60000%
  F         161505AJ1              0.00000000        6.33333314     1000.00000000     7.60000%
  G         161505AK8              0.00000000        6.33333324     1000.00000000     7.60000%
  H         161505AL6              0.00000000        6.23168334     1000.00000000     7.60000%
  R                                0.00000000        0.00000000        0.00000000     0.00000%

Factor Information Per $1000                                            Pass Througn Rate

Class       Cusip #           Interest      Ending Notional     Current Pass       Next Pass
                             Distribution        Balance         Through Rate      Through Rate
<S>         <C>             <C>            <C>                 <C>                <C>              
  X         161505AD4         0.67004695      978.81034324       0.82059%          0.82058%


</TABLE>
<PAGE>
<TABLE>


DIST DATE:        18_MAY-1998                                                                                             PAGE:  2
RECORD DATE:      30_APR-1998

<S>                 <C>                                                                                                 <C>       
Sec 4.02 (a) (iii)   P & I Advances                                                                                       142,849.70
Sec 4.02 (a) (iv)    Servicing Compensation                                                                                49,180.67

Sec 4.02 (a) (v)     Aggregate Stated Prinicioal Balance                                     Beginning Balance   Ending Balance
                                                                             Mortgage Loans      431,203,635.00    430,747,711.54
                                                                           REO Loans Outstand      3,024,702.22      3,021,270.89

Sec 4.02 (a) (vi)    Aggregate Number of Mongage Loans                                                                            87
                     Aggregate Mortgage Principal Balance                                                             433,768,982.43
                     Weighted Average Remaining Term to Maturity                                                               91.70
                     Weighted Average Mortgage Rate                                                                         8.53411%


Sec 4.02(a) (vii)    Loans Delinquent                                            Period            Number      Aggregate Principal
                                                                                                                    Balance
                                                                                1 Month                       0              0.00
                                                                                2 Months                      0              0.00
                                                                            3 Months or more                  0              0.00
                                                                             In Foreclosure                   0              0.00

Sec 4.02(a) (viii)   Appraisal Value of REO Property                                                                    4,450,000.00
Sec 4.02 (a) (ix)    Available Distribution Amount                                                                      3,497,745.63
Sec 4.02 (a) (x)     Accrued Certificate Interest                                Class      Accrued Cert InterCert Deferred Interest
                                                                                   A1             1,146,977.03              0.00
                                                                                   A2               781,666.35              0.00
                                                                                   B                168,400.57              0.00
                                                                                   C                140,333.80              0.00
                                                                                   D                 98,233.66              0.00
                                                                                   E                 70,166.80              0.00
                                                                                   F                154,367.18              0.00
                                                                                   G                112,267.04              0.00
                                                                                   H                 70,166.90              0.00
                                                                                   X                296,937.59              0.00

Sec 4.02 (a) (xiii)  Scheduled Principal Distribution Amount                                                              459,354.79
Sec 4.02 (a) (xiii)  Unscheduled Pnncipal Distrinution Amount                                                                   0.00

Sec 4.02 (a) (xvi)   Appraisal Reduction Amounts                              Loan Number    Appraisal ReductioAppraisal Reductions
                                                                                                  Effected          Amounts










Sec 4.02 (a) (xvii)  Number of Loans Extended or Modified                                                                          0
Sec 4.02 (a) (xvii)  Stated Principal Balance of Mortgage Loans Extended or Modified                                            0.00
Sec 4.02 (a) (xviii) Class Unpaid Interest Shortfall                             Class         Current Unpaid  Cumulative Unpaid
                                                                                             Interest ShortfallInterest Shortfall
                                                                                   A1                      0.00              0.00
                                                                                   A2                      0.00              0.00
                                                                                   B                       0.00              0.00
                                                                                   C                       0.00              0.00
                                                                                   D                       0.00              0.00
                                                                                   E                       0.00              0.00
                                                                                   F                       0.00              0.00
                                                                                   G                       0.00              0.00
                                                                                   H                   1,126.18          4,362.95
                                                                                   X                       0.00              0.00

Sec 4.02 (a) (xix)   Distribution to Residual Certificates                                                                      0.00
</TABLE>
<PAGE>
<TABLE>

RUN DATE:05/18/98   10:52:57           Chase Commercial Mortgage Securities Corp.                            Page  1
DIST. DATE: 19-MAY-1998               Commercial Mortgage Pass-Through Certificates
REC.  DATE: 30-APR-1998                           Series 1996-2
                                           Monthly Certificate Holders Report



CLASS CUSIP        BEG. BALANCE     PRIN. DIST.      INT. DIST.      PREP PENAL    COLL DEFICIT      TOTAL DIST    END BALANCE

<S>   <C>       <C>                <C>             <C>              <C>            <C>            <C>            <C>         
 A-1  161505AN2   51,482,068.39      165,241.97      287,441.55            0.00            0.00      452,683.52   51,316,826.42
 A-2  161505AP7  128,080,472.00            0.00      736,462.71            0.00            0.00      736,462.71  128,080,472.00
 B    161505AQ5   17,027,021.00            0.00       97,905.37            0.00            0.00       97,905.37   17,027,021.00
 C    161505AR3   15,717,250.00            0.00       90,374.19            0.00            0.00       90,374.19   15,717,250.00
 D    161505AS1   13,097,708.00            0.00       75,311.82            0.00            0.00       75,311.82   13,097,708.00
 E    161505AT9    5,239,083.00            0.00       30,124.73            0.00            0.00       30,124.73    5,239,083.00
 F    161505AV4   13,097,708.00            0.00       75,311.82            0.00            0.00       75,311.82   13,097,708.00
 G    161505AW2    9,168,396.00            0.00       52,718.28            0.00            0.00       52,718.28    9,168,396.00
 H    161505AX0    6,548,854.00            0.00       37,655.91            0.00            0.00       37,655.91    6,548,854.00
 R    N/A                  0.00            0.00            0.00            0.00            0.00            0.00            0.00
 X    161505AU6  259,458,562.03            0.00      317,046.78            0.00            0.00      317,046.78  259,293,320.06


   TOTAL:        259,458,560.39      165,241.97    1,800,353.16            0.00            0.00    1,965,595.13  259,293,318.42
1
</TABLE>
<PAGE>
<TABLE>
     
RUN DATE:05/18/98   10:52:57           Chase Commercial Mortgage Securities Corp.                            Page  2
DIST. DATE: 19-MAY-1998               Commercial Mortgage Pass-Through Certificates
REC.  DATE: 30-APR-1998
                                                           Series 1996-2

                                                Monthly Certificate Holders Report



CLASS CUSIP         ACCR INT       PRIN FACTOR     INT FACTOR     E. BAL FACTOR   CURR RATE   NEXT RATE

<S>  <C>         <C>              <C>             <C>            <C>             <C>         <C>    
 A-1  161505A     287,441.55       3.06130233      5.32519363       950.70471677   6.70000     6.70000
 A-2  161505A     736,462.71       0.00000000      5.74999997     1,000.00000000   6.90000     6.90000
 B    161505A      97,905.37       0.00000000      5.74999996     1,000.00000000   6.90000     6.90000
 C    161505A      90,374.19       0.00000000      5.75000016     1,000.00000000   6.90000     6.90000
 D    161505A      75,311.82       0.00000000      5.74999992     1,000.00000000   6.90000     6.90000
 E    161505A      30,124.73       0.00000000      5.75000052     1,000.00000000   6.90000     6.90000
 F    161505A      75,311.82       0.00000000      5.74999992     1,000.00000000   6.90000     6.90000
 G    161505A      52,718.28       0.00000000      5.75000033     1,000.00000000   6.90000     6.90000
 H    161505A      37,655.91       0.00000000      5.74999992     1,000.00000000   6.90000     6.90000
 R    N/A               0.00       0.00000000      0.00000000         0.00000000   0.00000     0.00000
 X    161505A           0.00       0.00000000      1.21031395       989.84233005   1.46635     1.46637


   TOTAL:       1,483,306.38
1
</TABLE>
<PAGE>

RUN DATE:05/18/98   10:52:58         Chase Commercial Mortgage Securities Corp. 
DIST. DATE: 19-MAY-1998           Commercial Mortgage Pass-Through Certificates
REC.  DATE: 30-APR-1998                     Series 1996-2
PAGE 3                                  Monthly Certificate Holders Report




 P & I Advances                                                     54,106.60

 Servicing Compensation                                             21,346.91

 Trustee Compensation                                                1,859.45

 Beginning Balance(Mortgage Loans)                             259,458,562.03

 Ending Balance(Mortgage Loans)                                259,293,320.06

 Beginning Balance(REO Loans)                                            0.00

 Ending Balance(REO Loans)                                               0.00

 Aggregate Number of Mortgage Loans                                        96

 Aggregate Mortgage Principal Balance                          259,293,320.06

 Weighted Average Remaining Term to Maturity                            94.17

 Weighted Average Mortgage Rate                                       8.43411%

 # of Loans Delinquent(1 month)                                             0

 Balance of Loans Delinquent(1 month)                                    0.00

 # of Loans Delinquent(2 month)                                             0

 Balance of Loans Delinquent(2 month)                                    0.00

 # of Loans Delinquent(3 month)                                             1

 Balance of Loans Delinquent(3 month)                            3,311,647.87

 # of Loans Delinquent(In Foreclosure)                                      0

 Balance of Loans Delinquent(In Foreclosure)                             0.00

 Appraisal Value of REO Property                                         0.00

 Available Distribution Amount                                   1,967,454.67

 Scheduled Principal Distribution Amount                           165,241.97

 Unscheduled Principal Distribution Amount                               0.00


<PAGE>
<TABLE>

                                      Chase Commercial Mortgage Securities Corp.                                            Page  1
DIST. DATE        19-MAY-1998       Commercial MortgagePass-Through Certificates
REC.  DATE        30-APR-1998
                                                        Series 1997-1
                                          Monthly Certificate Holders Report



CLASS  CUSIP             BEG. BALANCE      PRIN. DIST.       INT. DIST.  PREP PENAL  COLL DEFICIT     TOTAL DIST        END BALANCE

<S>   <C>             <C>                <C>              <C>            <C>          <C>         <C>               <C>
A-1    161505AY8         95,356,799.24     545,873.48        577,703.28      0.00        0.00         1,123,576.76     94,810,925.76
A-2    161505AZ5        283,717,991.00           0.00      1,742,501.33      0.00        0.00         1,742,501.33    283,717,991.00
B      161505BB7         26,688,749.00           0.00        163,913.40      0.00        0.00           163,913.40     26,688,749.00
C      161505BC5         26,688,749.00           0.00        163,913.40      0.00        0.00           163,913.40     26,688,749.00
D      161505BD3         29,357,624.00           0.00        180,304.74      0.00        0.00           180,304.74     29,357,624.00
E      161505BE1         10,675,500.00           0.00         65,565.36      0.00        0.00            65,565.36     10,675,500.00
F      161505BF8         29,357,624.00           0.00        180,304.74      0.00        0.00           180,304.74     29,357,624.00
G      161505BG6          5,337,750.00           0.00         32,782.68      0.00        0.00            32,782.68      5,337,750.00
H      161505BH4          8,006,625.00           0.00         49,174.02      0.00        0.00            49,174.02      8,006,625.00
I      161505BJ0         13,344,374.00           0.00         81,956.70      0.00        0.00            81,956.70     13,344,374.00
R      N/A                        0.00           0.00              0.00      0.00        0.00                 0.00              0.00
LR     N/A                        0.00           0.00              0.00      0.00        0.00                 0.00              0.00
X      161505BA9        528,531,785.24           0.00        615,139.95      0.00        0.00           615,139.95    527,985,911.76

TOTAL:                  528,531,785.24     545,873.48    529,077,658.72      0.00        0.00     1,058,155,317.44    527,985,911.76
</TABLE>
<PAGE>
<TABLE>


                                  Chase Commercial Mortgage Securities Corp.                                                Page  2
DIST. DATE    19-MAY-1998       Commercial MortgagePass-Through Certificates
REC.  DATE    30-APR-1998                 Series 1997-1
                                    Monthly Certificate Holders Report


<CAPTION>

CLAS      CUSIP             ACCR INT          PRIN FACTOR       INT FACTOR        E. BAL FACTOR     CURR RATE           NEXT RATE

<S>      <C>               <C>               <C>               <C>            <C>                   <C>               <C>          
A-1       161505AY8           577,703.28       5.426177734       5.742577336     942.454530417        7.27000000        7.27000000
A-2       161505AZ5         1,742,501.33       0.000000000       6.141666667    1000.000000000        7.37000000        7.37000000
B         161505BB7           163,913.40       0.000000000       6.141666667    1000.000000000        7.37000000        7.37000000
C         161505BC5           163,913.40       0.000000000       6.141666667    1000.000000000        7.37000000        7.37000000
D         161505BD3           180,304.74       0.000000000       6.141666667    1000.000000000        7.37000000        7.37000000
E         161505BE1            65,565.36       0.000000000       6.141666667    1000.000000000        7.37000000        7.37000000
F         161505BF8           180,304.74       0.000000000       6.141666667    1000.000000000        7.37000000        7.37000000
G         161505BG6            32,782.68       0.000000000       6.141666667    1000.000000000        7.37000000        7.37000000
H         161505BH4            49,174.02       0.000000000       6.141666667    1000.000000000        7.37000000        7.37000000
I         161505BJ0            81,956.70       0.000000000       6.141666898    1000.000000000        7.37000000        7.37000000
R         N/A                       0.00       0.000000000       0.000000000       0.000000000        0.00000000        0.00000000
LR        N/A                       0.00       0.000000000       0.000000000       0.000000000        0.00000000        0.00000000
X         161505BA9           615,139.95       0.000000000       1.152433075     989.154466972        1.39663869        1.39653486

TOTAL:                      3,853,259.60
</TABLE>
<PAGE>


                                Chase Commercial Mortgage Securities Corp.      
DIST. DATE   19-MAY-1998       Commercial MortgagePass-Through Certificates
REC.  DATE   30-APR-1998                    Series 1997-1
                                  Monthly Certificate Holders Report




P & I Advances                                                        289,730.77
Servicing Compensation                                                 48,104.18
Trustee Compensation                                                    2,818.84
Special Servicing Compensation                                              0.00
Beginning Balance(Mortgage Loans)                                 528,531,784.51
Ending Balance(Mortgage Loans)                                    527,985,911.03
Beginning Balance(REOLoans)                                                 0.00
Ending Balance(REO Loans)                                                   0.00
Aggregate Number of Mortgage Loans                                           107
Aggregate Mortgage Principal Balance                              527,985,911.03
Weighted Average Remaining Term to Maturity                               110.51
Weighted Average Mortgage Rate                                         8.8528281
# of Loans Delinquent(1 month)                                              0.00
Balance of Loans Delinquent(1 month)                                        0.00
# of Loans Delinquent(2 month)                                              0.00
Balance of Loans Delinquent(2 month)                                        0.00
# of Loans Delinquent(3 month)                                              1.00
Balance of Loans Delinquent(3 month)                                1,727,252.90
# of Loans Delinquent(In Foreclosure)                                       0.00
Balance of Loans Delinquent(In Foreclosure)                                 0.00
Appraisal Value of REO Property                                             0.00
Available DistributionAmount                                        4,399,133.08
Scheduled Principal Distribution Amount                               545,873.48
Unscheduled PrincipalDistribution Amount                                    0.00





                                 CHASE COMMERCIALMORTGAGE SECURITIES CORP.      
DIST.DATE:  19-MAY-1998       COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES
REC.DATE:   30-APR-1998                     Series 1997-1

                                    Monthly Certificate Holders Report
                                          Advance Summary  

<TABLE>

<S>                                                                                             <C>       
 Master Servicer Unreimbursed P&I AdvancesOutstanding(Cumulative)                                  289,730.77
 Interest Accrued & Payable to Master Service in Respect of Advances Made                          395,496.76
 Accrued Interest Paid toServicer in Respect of Advances Made                                            0.00


 Servicing Fee Breakdown


 Current Period Accrued Servicing Fees                                                              43,089.10
 Less Delinquent ServicingFees                                                                       2,664.94
 Plus Additional ServicingFees                                                                           0.00
 Less Reductions to Servicing Fees                                                                       0.00
 Plus Servicing Fees for Delinquent Payments Received                                                7,680.02
 Plus Adjustments for Prior Servicing Calculation                                                        0.00
 Total Servicing Fees Collected                                                                     48,104.18


         ACCRUED           PREPAYMENT    BEGINNING                                  TOTAL                            ENDING
         CERTIFICATE       INTEREST      UNPAID        INTEREST                     INTEREST                         UNPAID
CLASS    INTERST           SHORTFALL     INTEREST       LOSS          EXPENSES      PAYABLE       DISTRIBUTABLE     INTEREST

<S>   <C>                 <C>           <C>           <C>           <C>         <C>               <C>              <C>   
A-1      577,703.28          0.00          0.00          0.00          0.00        577,703.28        577,703.28       (0.00)
A-2    1,742,501.33          0.00          0.00          0.00          0.00      1,742,501.33      1,742,501.33        0.00
B        163,913.40          0.00          0.00          0.00          0.00        163,913.40        163,913.40        0.00
C        163,913.40          0.00          0.00          0.00          0.00        163,913.40        163,913.40        0.00
D        180,304.74          0.00          0.00          0.00          0.00        180,304.74        180,304.74        0.00
E         65,565.36          0.00          0.00          0.00          0.00         65,565.36         65,565.36        0.00
F        180,304.74          0.00          0.00          0.00          0.00        180,304.74        180,304.74        0.00
G         32,782.68          0.00          0.00          0.00          0.00         32,782.68         32,782.68        0.00
H         49,174.02          0.00          0.00          0.00          0.00         49,174.02         49,174.02        0.00
I         81,956.70          0.00        330.22          0.00          0.00         82,286.92         81,956.70      330.22
R              0.00          0.00          0.00          0.00          0.00              0.00              0.00        0.00
LR             0.00          0.00          0.00          0.00          0.00              0.00              0.00        0.00
X        615,139.95          0.00          0.00          0.00          0.00        615,139.95        615,139.95        0.00

TOTAL  3,853,259.60          0.00        330.22          0.00          0.00      3,853,589.82      3,853,259.60      330.21
</TABLE>
<PAGE>
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
                                                                       CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                                                           COMMERCIAL MORTGAGE PASS-THROUGH
                                                                                     SERIES 1997-2
                                                                                DISTRIBUTION STATEMENT
====================================================================================================================================

             DISTRIBUTION DATE:                 19-May-1998                                                                 PAGE # 1
                 RECORD DATE:                   30-Apr-1998
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
                                                                                             Collateral
                     Original         Beginning                                  Prepayment  Support        Total           Ending
Class  Cusip#      Certificate       Certificate     Principal      Interest     Penalties   Deficit     Distribution      Principal
                     Balance           Balance      Distribution   Distribution  (PP/YMC)  (Allocation/                     Balance
                                                                                              Reimb)
------------------------------------------------------------------------------------------------------------------------------------
<S>   <C>         <C>              <C>              <C>         <C>               <C>        <C>      <C>            <C>            
A-1    161505BK7   196,000,000.00   193,059,713.23   764,113.91   1,037,695.96      0.00       0.00     1,801,809.87  192,295,599.32
A-2    161505BL5   390,074,509.00   390,074,509.00         0.00   2,145,409.80      0.00       0.00     2,145,409.80  390,074,509.00
 B     161505BN1    32,559,695.00    32,559,695.00         0.00     179,078.32      0.00       0.00       179,078.32   32,559,695.00
 C     161505BP6    48,839,542.00    48,839,542.00         0.00     268,617.48      0.00       0.00       268,617.48   48,839,542.00
 D     161505BQ4    44,769,581.00    44,769,581.00         0.00     246,232.70      0.00       0.00       246,232.70   44,769,581.00
 E     161505BR2    12,209,885.00    12,209,885.00         0.00      67,154.37      0.00       0.00        67,154.37   12,209,885.00
 F     161505BS0    48,839,542.00    48,839,542.00         0.00     268,617.48      0.00       0.00       268,617.48   48,839,542.00
 G     161505BT8     6,104,943.00     6,104,943.00         0.00      33,577.19      0.00       0.00        33,577.19    6,104,943.00
 H     161505BU5    12,209,886.00    12,209,886.00         0.00      67,154.37      0.00       0.00        67,154.37   12,209,886.00
 I     161505BV3     8,139,924.00     8,139,924.00         0.00      44,769.58      0.00       0.00        44,769.58    8,139,924.00
 J     161505BW1    14,244,866.00    14,244,866.00         0.00      78,346.76      0.00       0.00        78,346.76   14,244,866.00
 R           N/A              N/A              N/A          N/A          55.41      0.00       0.00            55.41            0.00
 LR          N/A              N/A              N/A          N/A           0.00      0.00       0.00             0.00            0.00
------------------------------------------------------------------------------------------------------------------------------------
TOTALS             813,992,373.00   811,052,086.23   764,113.91   4,436,709.42      0.00       0.00     5,200,823.33  810,287,972.32
------------------------------------------------------------------------------------------------------------------------------------


                      Original          Beginning                      Prepayment          Total              Ending
Class  Cusip#         Notional          Notional       Interest        Penalties        Distribution         Notional
                      Balance            Balance      Distribution       (PP/YMC)                             Balance
------------------------------------------------------------------------------------------------------------------------------------
<S>  <C>           <C>              <C>               <C>             <C>            <C>                   <C>  
A-1   Component     196,000,000.00   193,059,713.23    N/A                N/A                  N/A          192,295,599.32
WAC   Component     813,992,373.00   811,052,086.23    N/A                N/A                  N/A          810,287,972.32
 X    161505BM3     813,992,373.00   811,052,086.23    1,011,541.45      0.00         1,011,541.45          810,287,972.32
------------------------------------------------------------------------------------------------------------------------------------

FACTOR INFORMATION PER $1,000
---------------------------------------------------------------------------------------------------------------
                                        Principal            Interest          End. Principal       Pass Through
   Class                Cusip#          Distribution        Distribution           Balance               Rate
---------------------------------------------------------------------------------------------------------------

   <S>                <C>            <C>                 <C>                 <C>                   <C>      
    A-1                161505BK7      3.8985403571        5.2943671358         981.0999965306       6.4500000%
    A-2                161505BL5      0.0000000000        5.5000000000        1000.0000000000       6.6000000%
     B                 161505BN1      0.0000000000        5.5000000000        1000.0000000000       6.6000000%
     C                 161505BP6      0.0000000000        5.5000000000        1000.0000000000       6.6000000%
     D                 161505BQ4      0.0000000000        5.5000000000        1000.0000000000       6.6000000%
     E                 161505BR2      0.0000000000        5.5000000000        1000.0000000000       6.6000000%
     F                 161505BS0      0.0000000000        5.5000000000        1000.0000000000       6.6000000%
     G                 161505BT8      0.0000000000        5.5000000000        1000.0000000000       6.6000000%
     H                 161505BU5      0.0000000000        5.5000000000        1000.0000000000       6.6000000%
     I                 161505BV3      0.0000000000        5.5000000000        1000.0000000000       6.6000000%
     J                 161505BW1      0.0000000000        5.5000000000        1000.0000000000       6.6000000%
     R                    N/A                  N/A                 N/A                    N/A             N/A
     LR                   N/A                  N/A                 N/A                    N/A             N/A
---------------------------------------------------------------------------------------------------------------

FACTOR INFORMATION PER $1,000
---------------------------------------------------------------------------------------------------------------
                                    Interest         Ending Notional       Current Pass         Next Pass
   Class          Cusip#          Distribution           Balance           Through Rate        Through Rate
---------------------------------------------------------------------------------------------------------------

   <S>         <C>                <C>                <C>                   <C>                <C>                                   
    A-1         Component            N/A                 N/A                0.1500000%         0.15000000%
    WAC         Component            N/A                 N/A                1.4609306%         1.46097326%
     X          161505BM3           1.2426916         995.4490966           1.4966360%         1.49653736%
---------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
                                                                     CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                                                         COMMERCIAL MORTGAGE PASS-THROUGH
                                                                                   SERIES 1997-2
                                                                              DISTRIBUTION STATEMENT
====================================================================================================================================

DISTRIBUTION DATE:                          19-May-1998                                                                     PAGE # 2
RECORD DATE:                                30-Apr-1998

<S>                         <C>                                                                                       <C>          
SECTION 4.02 (a)(iii)        P & I Advances                                                                               414,083.74

SECTION 4.02 (a)(iv)         Servicing Compensation                                                                        62,842.43

SECTION 4.02 (a)(iv)         Trustee Compensation                                                                           3,886.33
SECTION 4.02 (a)(iv)         Special Servicing Compensation                                                                     0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(v)          Aggregate Stated Principal Balance                           Beginning Balance           Ending Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        Mortgage Loans   811,060,307.12              810,296,193.21
                                                                        Reo Loans Outstanding      0.00                        0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vi)         Aggregate Number of Mortgages Loans                                                              169.00
                             Aggregate Mortgage Principal Balance                                                     810,296,193.21
                             Weighted Average Remaining Term to Maturity                                                      111.00
                             Weighted Average Mortgage Rate                                                                    8.16%

                                                                        ----------------------------------------------------------
SECTION 4.02 (a)(vii)        Loans Delinquent                           Period                     Number   Aggr Principal Balance
                                                                        ----------------------------------------------------------
                                                                        ----------------------------------------------------------
                                                                        1 Month                      0               0.00
                                                                        2 Months                     0               0.00
                                                                        3 Months or more             1       4,976,226.90           
                                                                        In Foreclosure               0               0.00
                                                                        ----------------------------------------------------------
SECTION 4.02 (a)(viii)       Appraisal Value of REO Property                                                                    0.00
SECTION 4.02 (a)(ix)         Available Distribution Amount                                                              6,212,364.78
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(x)          Accrued Certificate Interest               Class      Accrued Cert Interest      Cert Deferred Interest
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1             1,037,695.96                        0.00    
                                                                        A-2             2,145,409.80                        0.00
                                                                        B                 179,078.32                        0.00
                                                                        C                 268,617.48                        0.00
                                                                        D                 246,232.70                        0.00
                                                                        E                  67,154.37                        0.00
                                                                        F                 268,617.48                        0.00
                                                                        G                  33,577.19                        0.00
                                                                        H                  67,154.37                        0.00
                                                                        I                  44,769.58                        0.00
                                                                        J                  78,346.76                        0.00
                                                                        X               1,011,541.45                        0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xiii)       Scheduled Principal Distribution Amount                                                      764,113.91
SECTION 4.02 (a)(xiii)       Unscheduled Principal Distribution Amount                                                          0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xvi)        Appraisal Reduction Amounts                Loan Number   Appraisal Reduct Effect  Appraisal Reduct Amt
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------












                                                                        
SECTION 4.02 (a)(xvii)       Number of Loans Extended or Modified                                                               0.00
SECTION 4.02 (a)(xvii)       Stated Principal Balance of Mortgage Loans Extended or Modified                                    0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xviii)      Class Unpaid Interest Shortfall            Class  Current                     Cumulative
                                                                               Unpaid Interest Shortfall   Unpaid Interest Shortfall
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1      0.00                        0.00
                                                                        A-2      0.00                        0.00
                                                                        B        0.00                        0.00
                                                                        C        0.00                        0.00
                                                                        D        0.00                        0.00
                                                                        E        0.00                        0.00
                                                                        F        0.00                        0.00
                                                                        G        0.00                        0.00
                                                                        H        0.00                        0.00
                                                                        I        0.00                        0.00
                                                                        J        0.00                        0.00
                                                                        X        0.00                        0.00
                                                                        
SECTION 4.02 (a)(xx)         Distribution to Residual Certificates                                                             55.41




(C) COPYRIGHT 1995, CHASE BANKING CORPORATION

</TABLE>