<PAGE>                                    

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


DIST DATE.        18-JUN-1998                                                                                               PAGE:  1
RECORD DATE:      29-MAY-1998
                                                                                          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
                                                                                           (Reim)
<S>  <C>         <C>              <C>              <C>           <C>             <C>      <C>        <C>             <C>            
  A1  161505AA0   190,000,000.00   180,643,945.11   460,950.38    1,144,078.32     0.00     0.00      1,605,028.70    180,182,994.73
  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     1,187,813.79     1,673.02            0.00     0.00     0.00          1,673.02      1,186,140.77
  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       66,659.88     0.00     0.00         66,659.88     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   433,768,979.90   462,623.40    2,736,173.70     0.00     0.00      3,198,797.10    433,306,356.50

                         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    433,768,982.43        296,619.81              0.00        296,619.81    466,306,359.03


Factor Information Per $1000

      Class        Cusip #           Principal          Interest          End Prin       Pass Thru Rate
                                     Distribution      Distribution        Balance
       <S>       <C>                <C>               <C>             <C>              <C>         
        A1        161505AA0           2.42605463        6.02146484      948.33155121     7.60000%
        A2        161505AB8           0.00000000        6.33333337     1000.00000000     7.60000%
        P         161505AC6           1.36891096        0.00000082      970.53298520     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        6.01678638     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
        X         161505AD4                 0.66932987     1052.23173123     0.82058%          0.82057%


</TABLE>
<PAGE>
<TABLE>

DIST DATE:        18-JUN-1998                                                                                               PAGE:  2
RECORD DATE:      29-MAY-1998

<S>                <C>                                                                                            <C>              
Sec 4.02 (a) (iii)  P & I Advances                                                                                         40,043.41
Sec 4.02 (a) (iv)   Servicing Compensation                                                                                 50,984.62

Sec 4.02 (a) (v)    Aggregate Stated Prinicioal Balance                                     Beginning Balance   Ending Balance
                                                                            Mortgage Loans      430,747,711.54    466,306,359.03
                                                                          REO Loans Outstand      3,021,270.89              0.00

Sec 4.02 (a) (vi)   Aggregate Number of Mongage Loans                                                                             87
                    Aggregate Mortgage Principal Balance                                                              466,306,359.03
                    Weighted Average Remaining Term to Maturity                                                                90.70
                    Weighted Average Mortgage Rate                                                                          8.53410%


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                  1      3,017,814.54
                                                                            In Foreclosure                   0              0.00

Sec 4.02(a) (viii)  Appraisal Value of REO Property                                                                             0.00
Sec 4.02 (a) (ix)   Available Distribution Amount                                                                       3,495,416.91
Sec 4.02 (a) (x)    Accrued Certificate Interest                                Class       Accrued Cert InterCert Deferred Interest
                                                                                  A1              1,144,078.32              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                 296,619.81              0.00

Sec 4.02 (a) (xiii) Scheduled Principal Distribution Amount                                                               462,623.40
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      Shortfall  Interest 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                3,507.02                  7,869.67
                                                                       X                    0.00                      0.00

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

     RUN DATE:06/17/98   16:09:31           Chase Commercial Mortgage Securities Corp.                            Page  1
     DIST. DATE: 19-JUN-1998               Commercial Mortgage Pass-Through Certificates
     REC.  DATE: 29-MAY-1998
                                                           Series 1996-2

                                                Monthly Certificate Holders Report



 CLAS 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   51,316,826.42      166,377.70      286,518.95            0.00            0.00      452,896.65   51,150,448.72
 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  259,293,320.06            0.00      316,849.02            0.00            0.00      316,849.02  259,126,942.36


   TOTAL:        259,293,318.42      166,377.70    1,799,232.80            0.00            0.00    1,965,610.50  259,126,940.72


<PAGE>

     RUN DATE:06/17/98   16:09:31           Chase Commercial Mortgage Securities Corp.                            Page  2
     DIST. DATE: 19-JUN-1998               Commercial Mortgage Pass-Through Certificates
     REC.  DATE: 29-MAY-1998
                                                           Series 1996-2

                                                Monthly Certificate Holders Report



 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  161505A     286,518.95       3.08234307      5.30810138       947.62237370   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      1.20955901       989.20718954   1.46637     1.46638


   TOTAL:       1,482,383.78


<PAGE>

RUN DATE:06/17/98 16:09:32           Chase Commercial Mortgage Securities Corp.
DIST. DATE: 19-JUN-1998           Commercial Mortgage Pass-Through Certificates
REC.  DATE: 29-MAY-1998
PAGE 3                                               Series 1996-2

                                           Monthly Certificate Holders Report




P & I Advances                                                          0.00

Servicing Compensation                                             21,332.69

Trustee Compensation                                                1,858.35

Beginning Balance(Mortgage Loans)                             259,293,320.06

Ending Balance(Mortgage Loans)                                259,126,942.36

Beginning Balance(REO Loans)                                            0.00

Ending Balance(REO Loans)                                               0.00

Aggregate Number of Mortgage Loans                                        96

Aggregate Mortgage Principal Balance                          259,126,942.36

Weighted Average Remaining Term to Maturity                            93.38

Weighted Average Mortgage Rate                                       8.43423%

# 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)                            3,309,573.48

# of Loans Delinquent(In Foreclosure)                                      0

Balance of Loans Delinquent(In Foreclosure)                             0.00

Appraisal Value of REO Property                                         0.00

Available Distribution Amount                                   1,965,610.64

Scheduled Principal Distribution Amount                           166,377.70

Unscheduled Principal Distribution Amount                               0.00

<PAGE>

RUN DATE:06/17/98   16:10:41            CHASE COMMERCIAL MORTGAGE SECURITIES CORP.                     Page: 8
DIST. DATE: 19-JUN-1998               COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES               
REC. DATE:  29-MAY-1998
                                                      Series 1996-2    

                                           Monthly Certificate Holders Report

                                                     Advance Summary





<S>                                                                               <C> 
Master Services P&I Advances Made(Current)                                                  0.00

Master Servicer Unreimbursed P&I Advances Outstanding(Cumulative)                     241,921.95

Interest Accrued & Payable to Master Service in Respect of Advances Made                    0.00

Accrued Interest Paid to Servicer in Respect of Advances Made                             144.03




                                   Servicing Fee Breakdown


Current Period Accrued Servicing Fees                                                  21,332.75

Less Delinquent Servicing Fees                                                              0.00

Plus Additional Servicing Fees                                                              0.00

Less Reductions to Servicing Fees                                                           0.00

Plus Servicing Fees for Delinquent Payments Received                                      658.20

Plus Adjustments for Prior Servicing Calculation                                            0.00

Total Servicing Fees Collected                                                         21,990.95





                         Allocation of Interest Shortfalls, Losses & Expenses


                  ACCRUED    PREPAYMENT       BEGINNING                                    TOTAL                           ENDING
              CERTIFICATE      INTEREST          UNPAID     INTEREST                    INTEREST                           UNPAID
    CLAS          INTERST     SHORTFALL        INTEREST       LOSS     EXPENSES          PAYABLE     DISTRIBUTABLE       INTEREST
   <S>       <C>            <C>              <C>            <C>       <C>           <C>             <C>                 <C>         
    A-1        286,518.95          0.00            0.00         0.00       0.00       286,518.95        286,518.95           0.00
    A-2        736,462.71          0.00            0.00         0.00       0.00       736,462.71        736,462.71           0.00
    B           97,905.37          0.00            0.00         0.00       0.00        97,905.37         97,905.37           0.00
    C           90,374.19          0.00            0.00         0.00       0.00        90,374.19         90,374.19           0.00
    D           75,311.82          0.00            0.00         0.00       0.00        75,311.82         75,311.82           0.00
    E           30,124.73          0.00            0.00         0.00       0.00        30,124.73         30,124.73           0.00
    F           75,311.82          0.00            0.00         0.00       0.00        75,311.82         75,311.82           0.00
    G           52,718.28          0.00            0.00         0.00       0.00        52,718.28         52,718.28           0.00
    H           37,655.91          0.00          476.78         0.00       0.00        38,132.69         37,655.91         476.78
    R                0.00          0.00            0.00         0.00       0.00             0.00              0.00           0.00
    X                0.00          0.00            0.00         0.00       0.00             0.00        316,849.02           0.00


   TOTALS    1,482,383.78          0.00          476.78         0.00       0.00     1,482,860.56      1,799,232.80         476.78


<PAGE>
                                                      Chase Commercial Mortgage Securities Corp.                             Page  1
                  DIST. DATE        18-Jun-98         Commercial MortgagePass-Through Certificates
                  REC.  DATE        29-May-98
                                                        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     94,810,925.76        549,909.07        574,396.19       0.00       0.00          1,124,305.26     94,261,016.69
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    527,985,911.76              0.00        614,458.93       0.00       0.00            614,458.93    527,436,002.69

TOTAL:              527,985,911.76        549,909.07    528,535,820.83       0.00       0.00      1,057,071,641.66    527,436,002.69

<PAGE>
                                                     
                                   Chase Commercial Mortgage Securities Corp.                                                Page  2
DIST. DATE        18-Jun-98         Commercial MortgagePass-Through Certificates
REC.  DATE        29-May-98
                                      Series 1997-1

                                    Monthly Certificate Holders Report



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         574,396.19       5.466292942       5.709703678     936.988237475        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       6.141666902    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         614,458.93       0.000000000        1.15115723     988.124240595        1.39653484        1.39642990

TOTAL:               3,849,271.50

<PAGE>
                                                   
                                    Chase Commercial Mortgage Securities Corp.                                               Page  3
DIST. DATE        18-Jun-98         Commercial MortgagePass-Through Certificates
REC.  DATE        29-May-98
                                      Series 1997-1

                                    Monthly Certificate Holders Report




<S>                                                                    <C>      
P & I Advances                                                                  46,872.41
Servicing Compensation                                                          45,421.67
Trustee Compensation                                                             2,815.92
Special Servicing Compensation                                                       0.00
Beginning Balance(Mortgage Loans)                                          527,985,911.03
Ending Balance(Mortgage Loans)                                             527,436,001.96
Beginning Balance(REOLoans)                                                          0.00
Ending Balance(REO Loans)                                                            0.00
Aggregate Number of Mortgage Loans                                                    107
Aggregate Mortgage Principal Balance                                       527,436,001.96
Weighted Average Remaining Term to Maturity                                        109.56
Weighted Average Mortgage Rate                                                  8.8528089
# 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)                                         1,725,906.52
# of Loans Delinquent(In Foreclosure)                                                0.00
Balance of Loans Delinquent(In Foreclosure)                                          0.00
Appraisal Value of REO Property                                                      0.00
Available DistributionAmount                                                 4,399,180.57
Scheduled Principal Distribution Amount                                        549,909.07
Unscheduled PrincipalDistribution Amount                                             0.00


<PAGE>



                                    CHASECOMMERCIALMORTGAGE SECURITIES CORP.                                                 Page: 8
DIST.DATE:        18-Jun-98         COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES
REC.DATE:         29-May-98
                                      Series 1997-1

                                    MonthlyCertificateHolders Report

                                     Advance Summary


<S>                                                                                            <C>      
Master Servicer Unreimbursed P&I AdvancesOutstanding(Cumulative)                                   46,872.41
Interest Accrued & Payable to Master Service in Respect of Advances Made                          165,860.06
Accrued Interest Paid toServicer in Respect of Advances Made                                            0.00


Servicing Fee Breakdown


Current Period Accrued Servicing Fees                                                              43,044.50
Less Delinquent ServicingFees                                                                         143.83
Plus Additional ServicingFees                                                                           0.00
Less Reductions to Servicing Fees                                                                       0.00
Plus Servicing Fees for Delinquent Payments Received                                                2,521.00
Plus Adjustments for Prior Servicing Calculation                                                        0.00
Total Servicing Fees Collected                                                                     45,421.67


           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        574,396.19       0.00       (0.00)       0.00              0.00        574,396.19        574,396.19             (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         82,286.91         81,956.70            330.21
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          614,458.93       0.00        0.00        0.00              0.00        614,458.93        614,458.93              0.00

TOTAL    3,849,271.50       0.00      330.21        0.00              0.00      3,849,601.71      3,849,271.50            330.21

<PAGE>

------------------------------------------------------------------------------------------------------------------------------------
                                                                       CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                                                           COMMERCIAL MORTGAGE PASS-THROUGH
                                                                                     SERIES 1997-2
                                                                                DISTRIBUTION STATEMENT
====================================================================================================================================
                                                                                          DISTRIBUTION DATE:             19-Jun-1998
PAGE # 1
RECORD DATE: 29-May-1998




------------------------------------------------------------------------------------------------------------------------------------
                                                                                             Collateral 
                     Original        Beginning                                   Prepayment   Support     Total          Ending
Class  Cusip#      Certificate      Certificate   Principal        Interest      Penalties    Deficit   Distribution    Principal
                     Balance          Balance     Distribution    Distribution   (PP/YMC)     (Alloc/                     Balance
                                                                                               Reimb)                       
------------------------------------------------------------------------------------------------------------------------------------
<S>   <C>        <C>             <C>             <C>            <C>             <C>          <C>      <C>            <C>            
A-1   161505BK7   196,000,000.00  192,295,599.32  704,009.14      1,033,588.85     0.00        0.00    1,737,597.99   191,591,590.18
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                16.35     0.00        0.00           16.35             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  810,287,972.32  704,009.14      4,432,563.25     0.00        0.00    5,136,572.39   809,583,963.18
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
                     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>           
A-1  Component     196,000,000.00      192,295,599.32      N/A                         N/A              N/A          191,591,590.18
WAC  Component     813,992,373.00      810,287,972.32      N/A                         N/A              N/A          809,583,963.18
 X   161505BM3     813,992,373.00      810,287,972.32         1,075,854.82               0.00     1,075,854.82       809,583,963.18
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

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        3.5918833673        5.2734124814       977.5081131633       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                1.5576949%         1.55771065%
 X      161505BM3          1.3217013         994.5842124            1.5932925%         1.59317796%
------------------------------------------------------------------------------------------------------------
<PAGE>
------------------------------------------------------------------------------------------------------------------------------------
                                                                     CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                                                         COMMERCIAL MORTGAGE PASS-THROUGH
                                                                                   SERIES 1997-2
                                                                              DISTRIBUTION STATEMENT
====================================================================================================================================

DISTRIBUTION DATE:                          19-Jun-1998                                                                     PAGE # 2
RECORD DATE:                                29-May-1998

SECTION 4.02 (a)(iii)        P & I Advances                                                                              263,410.19

SECTION 4.02 (a)(iv)         Servicing Compensation                                                                       62,783.50

SECTION 4.02 (a)(iv)         Trustee Compensation                                                                          3,882.67
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           810,296,193.21          809,592,184.07
                                                                   Reo Loans Outstanding              0.00                    0.00
                                                                  ------------------------------------------------------------------
SECTION 4.02 (a)(vi)         Aggregate Number of Mortgages Loans                                                             169.00
                             Aggregate Mortgage Principal Balance                                                    809,592,184.07
                             Weighted Average Remaining Term to Maturity                                                     110.00
                             Weighted Average Mortgage Rate                                                                    8.16%

                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vii)        Loans Delinquent                           Period               Number         Aggr Principal Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        1 Months               0                           0.00
                                                                        2 Months               0                           0.00
                                                                        3 Months or more       0                           0.00     
                                                                        In Foreclosure         1                   4,972,296.64
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(viii)       Appraisal Value of REO Property                                                                   0.00
SECTION 4.02 (a)(ix)         Available Distribution Amount                                                             6,212,427.21
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(x)          Accrued Certificate Interest               Class      Accrued Cert Interest      Cert Deferred Interest
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1          1,033,588.85                        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            1,075,854.82                        0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xiii)       Scheduled Principal Distribution Amount                                                     704,009.14
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                                                            16.35

(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
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