<PAGE> 
<TABLE>



     RUN DATE:01/15/99   16:07:39           Chase Commercial Mortgage Securities Corp.                            Page  1
     DIST. DATE: 19-JAN-1999               Commercial Mortgage Pass-Through Certificates
     REC.  DATE: 31-DEC-1998
                                                           Series 1996-1

                                                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>           
 A1   161505AA0  177,347,548.24    6,222,366.04    1,123,201.14      953,593.85            0.00    8,299,161.03  171,125,182.20
 A2   161505AB8  123,421,002.00            0.00      781,666.35            0.00            0.00      781,666.35  123,421,002.00
 B    161505AE2   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            0.00      140,333.80            0.00            0.00      140,333.80   22,157,969.00
 D    161505AG7   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            0.00       70,166.90            0.00            0.00       70,166.90   11,078,984.00
 F    161505AJ1   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            0.00      112,267.04            0.00            0.00      112,267.04   17,726,375.00
 H    161505AL6   11,078,984.00            0.00       61,885.10            0.00            0.00       61,885.10   11,078,984.00
 P    161505AC6    1,175,885.48      163,801.90            0.00            0.00            0.00      163,801.90    1,012,083.58
 R                         0.00            0.00            0.00            0.00            0.00            0.00            0.00
 X    161505AD4  430,460,657.25            0.00      294,327.57       25,103.07            0.00      319,430.64  424,074,489.31


   TOTAL:        430,460,654.72    6,386,167.94    3,004,849.31      953,593.85            0.00   10,369,714.17  424,074,486.78

</TABLE>

<TABLE>
     RUN DATE:01/15/99   16:07:39           Chase Commercial Mortgage Securities Corp.                            Page  2
     DIST. DATE: 19-JAN-1999               Commercial Mortgage Pass-Through Certificates
     REC.  DATE: 31-DEC-1998
                                                           Series 1996-1

                                                Monthly Certificate Holders Report



 CLASS   CUSIP       ACCR INT      APPR RED AMT    UNPAID INT     PRIN FACTOR     INT FACTOR  E. BAL FACTOR  CURR RATE NEXT RATE

<S>  <C>        <C>               <C>             <C>           <C>           <C>           <C>               <C>        <C>    
 A1   161505AA0  1,123,201.14              0.00            0.00   32.74929495     5.91158495     900.65885368    7.60000   7.60000
 A2   161505AB8    781,666.35              0.00            0.00    0.00000000     6.33333337   1,000.00000000    7.60000   7.60000
 P    161505AC6          0.00              0.00            0.00  134.02721752     0.00000000     828.11460749    0.00000   0.00000
 B    161505AE2    168,400.57              0.00            0.00    0.00000000     6.33333350   1,000.00000000    7.60000   7.60000
 C    161505AF9    140,333.80              0.00            0.00    0.00000000     6.33333317   1,000.00000000    7.60000   7.60000
 D    161505AG7     98,233.66              0.00            0.00    0.00000000     6.33333329   1,000.00000000    7.60000   7.60000
 E    161505AH5     70,166.90              0.00            0.00    0.00000000     6.33333345   1,000.00000000    7.60000   7.60000
 F    161505AJ1    154,367.18              0.00            0.00    0.00000000     6.33333314   1,000.00000000    7.60000   7.60000
 G    161505AK8    112,267.04              0.00            0.00    0.00000000     6.33333324   1,000.00000000    7.60000   7.60000
 H    161505AL6     70,166.90              0.00        8,281.80    0.00000000     5.58581003   1,000.00000000    7.60000   7.60000
 R                       0.00              0.00            0.00    0.00000000     0.00000000       0.00000000    0.00000   0.00000
 X    161505AD4    294,327.57              0.00            0.00    0.00000000     0.66415738     956.93448184    0.82050   0.83190


   TOTAL:       3,013,131.11               0.00        8,281.80


</TABLE>

RUN DATE:01/15/99   16:07:40        Chase Commercial Mortgage Securities Corp.  
DIST. DATE: 19-JAN-1999            Commercial Mortgage Pass-Through Certificates
REC.  DATE: 31-DEC-1998
Page  3                                              Series 1996-1

                                         Monthly Certificate Holders Report




P & I Advances                                                    358,104.56

Servicing Compensation                                             43,151.98

Beginning Balance(Mortgage Loans)                             427,464,116.54

Ending Balance(Mortgage Loans)                                421,081,585.27

Beginning Balance(REO Loans)                                    2,996,540.71

Ending Balance(REO Loans)                                       2,992,904.04

Aggregate Number of Mortgage Loans                                        87

Aggregate Mortgage Principal Balance                          424,074,489.31

Weighted Average Remaining Term to Maturity                            83.70

Weighted Average Mortgage Rate                                       8.54747%

# 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)                            2,992,904.04

# of Loans Delinquent(In Foreclosure)                                      0

Balance of Loans Delinquent(In Foreclosure)                             0.00

Appraisal Value of REO Property                                 2,800,000.00

Available Distribution Amount                                  10,369,714.17

Scheduled Principal Distribution Amount                           486,167.94

Unscheduled Principal Distribution Amount                       5,900,000.00

<PAGE>

<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
                                         CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                             COMMERCIAL MORTGAGE PASS-THROUGH
                                                       SERIES 1997-1
                                                  DISTRIBUTION STATEMENT
====================================================================================================================================
DISTRIBUTION DATE: 19-Jan-1999                                                                                              PAGE # 1
RECORD DATE:       31-Dec-1998




------------------------------------------------------------------------------------------------------------------------------------
                                                                                            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   161505AY8   100,600,000.00    68,974,533.16   559,537.23     417,870.71     0.00       0.00        977,407.94   68,414,995.93
 A-2   161505AZ5   283,717,991.00   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    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    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    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    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    29,357,624.00         0.00     180,304.74      N/A       0.00        180,304.74   29,357,624.00
  G    161505BG6     5,337,750.00     5,337,750.00         0.00      32,782.68      N/A       0.00         32,782.68    5,337,750.00
  H    161505BH4     8,006,625.00     8,006,625.00         0.00      49,174.02      N/A       0.00         49,174.02    8,006,625.00
  I    161505BJ0    13,344,374.00    13,344,374.00         0.00      76,521.15      N/A       0.00         76,521.15   13,344,374.00
  R          N/A              N/A              N/A          N/A           0.00      N/A        N/A              0.00             N/A
  LR         N/A              N/A              N/A          N/A           0.00      N/A        N/A              0.00             N/A
------------------------------------------------------------------------------------------------------------------------------------
TOTALS             533,774,986.00   502,149,519.16   559,537.23   3,072,851.54     0.00       0.00      3,632,388.77  501,589,981.93
------------------------------------------------------------------------------------------------------------------------------------


------------------------------------------------------------------------------------------------------------------------------------
                     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    100,600,000.00       68,974,533.16         N/A                      N/A              N/A        68,414,995.93
 WAC  Component    533,774,986.00      502,149,518.43         N/A                      N/A              N/A       501,589,981.20
  X   161505BA9    533,774,986.00      502,149,519.16           602,096.36            0.00       602,096.36       501,589,981.93
------------------------------------------------------------------------------------------------------------------------------------

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

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             161505AY8         5.5620002982        4.1537843936       680.0695420477         7.2700000%
    A-2             161505AZ5         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     B              161505BB7         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     C              161505BC5         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     D              161505BD3         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     E              161505BE1         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     F              161505BF8         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     G              161505BG6         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     H              161505BH4         0.0000000000        6.1416666667      1000.0000000000         7.3700000%
     I              161505BJ0         0.0000000000        5.7343381558      1000.0000000000         7.3700000%
     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           0.1000000%        0.10000000%
    WAC         Component                      N/A                 N/A           1.4251097%        1.42509617%
     X          161505BA9                1.1279966         939.7030492           1.4388456%        1.43873580%
---------------------------------------------------------------------------------------------------------------

====================================================================================================================================
</TABLE>
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
                                           CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                                COMMERCIAL MORTGAGE PASS-THROUGH
                                                         SERIES 1997-1
                                                     DISTRIBUTION STATEMENT
====================================================================================================================================
DISTRIBUTION DATE:   19-Jan-1999                                                                    PAGE # 2
RECORD DATE:         31-Dec-1998

<S>                   <C>                                                                                       <C>       
SECTION 4.02 (a)(iii)        P & I Advances                                                                              307,399.43

SECTION 4.02 (a)(iv)         Servicing Compensation                                                                       40,989.61

SECTION 4.02 (a)(iv)         Trustee Compensation                                                                          2,678.12
SECTION 4.02 (a)(iv)         Special Servicing Compensation                                                                5,435.54
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(v)          Aggregate Stated Principal Balance                                Beginning Balance     Ending Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        Mortgage Loans           502,149,518.43       501,589,981.20
                                                                        Reo Loans Outstanding              0.00                 0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vi)         Aggregate Number of Mortgages Loans                                                                104
                             Aggregate Mortgage Principal Balance                                                    501,589,981.20
                             Weighted Average Remaining Term to Maturity                                                     105.00
                             Weighted Average Mortgage Rate                                                                   8.899%

                                                                        ------------------------------------------------------------
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                1,714,792.68     
                                                                        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                                                             4,234,485.13 
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(x)          Accrued Certificate Interest               Class    Accrued Cert Interest       Cert Deferred Interest 
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1               417,870.71                        0.00    
                                                                        A-2             1,742,501.33                        0.00
                                                                        B                 163,913.40                        0.00
                                                                        C                 163,913.40                        0.00
                                                                        D                 180,304.74                        0.00
                                                                        E                  65,565.36                        0.00
                                                                        F                 180,304.74                        0.00
                                                                        G                  32,782.68                        0.00
                                                                        H                  49,174.02                        0.00
                                                                        I                  81,956.70                        0.00
                                                                        X                 602,096.36                        0.00
                                                                        ------------------------------------------------------------

SECTION 4.02 (a)(xiii)       Scheduled Principal Distribution Amount                                                     559,537.23
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                5,435.54                   25,564.19
                                                                        X                    0.00                        0.00
                                                                        ------------------------------------------------------------

SECTION 4.02 (a)(xx)         Distribution to Residual Certificates                                                             0.00

                                                                               (C) COPYRIGHT 1995, CHASE BANKING CORPORATION
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
                                             CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                                  COMMERCIAL MORTGAGE PASS-THROUGH
                                                           SERIES 1997-2
                                                       DISTRIBUTION STATEMENT
====================================================================================================================================
DISTRIBUTION DATE: 20-Jan-98                                                                                            PAGE # 1
RECORD DATE:       31-Dec-1997




------------------------------------------------------------------------------------------------------------------------------------
                                                                                          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   196,000,000.00  678,553.69    1,053,500.00    0.00        0.00      1,732,053.69   195,321,446.31
 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                0.00             0.00        0.00           55.81    0.00        0.00             55.81             0.00
  LR     N/A                0.00             0.00        0.00            0.00    0.00        0.00              0.00             0.00
------------------------------------------------------------------------------------------------------------------------------------
TOTALS            813,992,373.00   813,992,373.00  678,553.69    4,452,513.86    0.00        0.00      5,131,067.55   813,313,819.31
------------------------------------------------------------------------------------------------------------------------------------

-------------------------------------------------------------------------------------------------------------------------
                       Original        Beginning                      Prepayment                           Ending
Class     Cusip#       Notional         Notional        Interest      Penalties        Total              Notional
                       Balance          Balance       Distribution     (PP/YMC)    Distribution           Balance
-------------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------------
<S>    <C>        <C>               <C>             <C>             <C>           <C>                <C>           
 A-1    Component   196,000,000.00   196,000,000.00        N/A           N/A            N/A            195,321,446.31
 WAC    Component   813,992,373.00   813,992,373.00        N/A           N/A            N/A            813,313,819.31
  X     161505BM3   813,992,373.00   813,992,373.00   1,075,707.50       0.00      1,075,707.50        813,313,819.31
-------------------------------------------------------------------------------------------------------------------------

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

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

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           3.46200862           5.37500000        996.5379913776         6.4500000%
    A-2         161505BL5           0.00000000           5.50000000       1000.0000000000         6.6000000%
     B          161505BN1           0.00000000           5.50000000       1000.0000000000         6.6000000%
     C          161505BP6           0.00000000           5.50000000       1000.0000000000         6.6000000%
     D          161505BQ4           0.00000000           5.50000000       1000.0000000000         6.6000000%
     E          161505BR2           0.00000000           5.50000000       1000.0000000000         6.6000000%
     F          161505BS0           0.00000000           5.50000000       1000.0000000000         6.6000000%
     G          161505BT8           0.00000000           5.50000000       1000.0000000000         6.6000000%
     H          161505BU5           0.00000000           5.50000000       1000.0000000000         6.6000000%
     I          161505BV3           0.00000000           5.50000000       1000.0000000000         6.6000000%
     J          161505BW1           0.00000000           5.50000000       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            1.5497062%        1.54972359%
     X          161505BM3                1.3215204          999.1663881            1.5858244%        1.58571682%
-----------------------------------------------------------------------------------------------------------------

====================================================================================================================================
</TABLE>
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
                                      CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                           COMMERCIAL MORTGAGE PASS-THROUGH
                                                    SERIES 1997-2
                                                DISTRIBUTION STATEMENT
====================================================================================================================================
DISTRIBUTION DATE:  20-Jan-1998                                                                                           PAGE # 2
RECORD DATE:        31-Dec-1997

<S>                        <C>                                                                                    <C>       
SECTION 4.02 (a)(iii)        P & I Advances                                                                              763,468.42

SECTION 4.02 (a)(iv)         Servicing Compensation                                                                       63,069.56

SECTION 4.02 (a)(iv)         Trustee Compensation                                                                          3,900.42
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            814,000,593.86      813,322,040.17
                                                                        Reo Loans Outstanding               0.00                0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vi)         Aggregate Number of Mortgages Loans                                                             169.00
                             Aggregate Mortgage Principal Balance                                                    813,322,040.17
                             Weighted Average Remaining Term to Maturity                                                     115.00
                             Weighted Average Mortgage Rate                                                                    8.16%
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vii)        Loans Delinquent                           Period             Number          Aggr Principal Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        1 Month               0               0
                                                                        2 Months              0               0
                                                                        3 Months or more      0               0
                                                                        In Foreclosure        0               0                     
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(viii)       Appraisal Value of REO Property                                                                   0.00
SECTION 4.02 (a)(ix)         Available Distribution Amount                                                             6,206,775.05
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(x)          Accrued Certificate Interest               Class     Accrued Cert Interest       Cert Deferred Interest
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1         1,053,500.00                        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           1,075,707.50                        0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xiii)       Scheduled Principal Distribution Amount                                                     678,553.69
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                           0
                                                                        A-2              0                           0
                                                                        B                0                           0
                                                                        C                0                           0
                                                                        D                0                           0
                                                                        E                0                           0
                                                                        F                0                           0
                                                                        G                0                           0
                                                                        H                0                           0
                                                                        I                0                           0
                                                                        J                0                           0
                                                                        X                0                           0
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xx)         Distribution to Residual Certificates                                                            55.81



(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>
------------------------------------------------------------------------------------------------------------------------------------
                                           CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                                COMMERCIAL MORTGAGE PASS-THROUGH
                                                         SERIES 1998-1
                                                     DISTRIBUTION STATEMENT
====================================================================================================================================
DISTRIBUTION DATE: 19-Jan-1999                                                                                             PAGE # 1
RECORD DATE:       31-Dec-1998




------------------------------------------------------------------------------------------------------------------------------------
                                                                                             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   161505BX9  132,600,000.00   127,749,320.16   935,250.98     674,942.24      0.00        0.00     1,610,193.22  126,814,069.18
 A-2   161505BY7  464,448,593.00   464,448,593.00         0.00   2,538,985.64      0.00        0.00     2,538,985.64  464,448,593.00
  B    161505CB6   32,714,991.00    32,714,991.00         0.00     178,841.95      0.00        0.00       178,841.95   32,714,991.00
  C    161505CC4   49,072,487.00    49,072,487.00         0.00     268,262.93      0.00        0.00       268,262.93   49,072,487.00
  D    161505CD2   44,983,113.00    44,983,113.00         0.00     245,907.68      0.00        0.00       245,907.68   44,983,113.00
  E    161505CE0   12,268,122.00    12,268,122.00         0.00      67,065.73      0.00        0.00        67,065.73   12,268,122.00
  F    161505CF7   36,804,365.00    36,804,365.00         0.00     201,197.20       N/A        0.00       201,197.20   36,804,365.00
  G    161505CG5    8,178,748.00     8,178,748.00         0.00      44,710.49       N/A        0.00        44,710.49    8,178,748.00
  H    161505CH3   18,402,183.00    18,402,183.00         0.00      97,224.87       N/A        0.00        97,224.87   18,402,183.00
  I    161505CJ9    4,089,374.00     4,089,374.00         0.00      21,605.53       N/A        0.00        21,605.53    4,089,374.00
  J    161505CK6   14,312,809.00    14,312,809.00         0.00      75,619.34       N/A        0.00        75,619.34   14,312,809.00
  R          N/A             N/A              N/A          N/A           0.00       N/A         N/A             0.00             N/A
  LR         N/A             N/A              N/A          N/A           0.00       N/A         N/A             0.00             N/A
------------------------------------------------------------------------------------------------------------------------------------
TOTALS            817,874,785.00   813,024,105.16   935,250.98   4,414,363.60      0.00        0.00     5,349,614.58  812,088,854.18
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
                               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>              <C>              
     X          161505CA8    817,874,785.00      813,024,105.16      512,935.59          0.00       512,935.59       812,088,854.18
------------------------------------------------------------------------------------------------------------------------------------


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

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             161505BX9         7.0531748115        5.0900621418       956.3655292609         6.3400000%
    A-2             161505BY7         0.0000000000        5.4666666629      1000.0000000000         6.5600000%
     B              161505CB6         0.0000000000        5.4666666422      1000.0000000000         6.5600000%
     C              161505CC4         0.0000000000        5.4666666884      1000.0000000000         6.5600000%
     D              161505CD2         0.0000000000        5.4666665689      1000.0000000000         6.5600000%
     E              161505CE0         0.0000000000        5.4666663732      1000.0000000000         6.5600000%
     F              161505CF7         0.0000000000        5.4666667935      1000.0000000000         6.5600000%
     G              161505CG5         0.0000000000        5.4666667808      1000.0000000000         6.5600000%
     H              161505CH3         0.0000000000        5.2833335045      1000.0000000000         6.3400000%
     I              161505CJ9         0.0000000000        5.2833343196      1000.0000000000         6.3400000%
     J              161505CK6         0.0000000000        5.2833332716      1000.0000000000         6.3400000%
     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>     
     X          161505CA8                0.6271566         992.9256520           0.7570781%        0.76175740%
---------------------------------------------------------------------------------------------------------------



====================================================================================================================================
------------------------------------------------------------------------------------------------------------------------------------
                                       CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                           COMMERCIAL MORTGAGE PASS-THROUGH
                                                     SERIES 1998-1
                                                DISTRIBUTION STATEMENT
====================================================================================================================================
DISTRIBUTION DATE:    19-Jan-1999                                                                                         PAGE # 2
RECORD DATE:          31-Dec-1998



<S>                        <C>                                                                                    <C> 
SECTION 4.02 (a)(iii)        P & I Advances                                                                                    0.00

SECTION 4.02 (a)(iv)         Servicing Compensation                                                                       49,834.58

SECTION 4.02 (a)(iv)         Trustee Compensation                                                                          4,065.14
SECTION 4.02 (a)(iv)         Special Servicing Compensation                                                                3,387.63
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(v)          Aggregate Stated Principal Balance                                 Beginning Balance    Ending Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        Mortgage Loans           813,030,026.12     812,094,775.14
                                                                        Reo Loans Outstanding              0.00               0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vi)         Aggregate Number of Mortgages Loans                                                                 78
                             Aggregate Mortgage Principal Balance                                                    812,094,775.14
                             Weighted Average Remaining Term to Maturity                                                     147.00
                             Weighted Average Mortgage Rate                                                                    7.32%

                                                                        -----------------------------------------------------------
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           0                 0.00
                                                                        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                                                             5,862,550.17
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(x)          Accrued Certificate Interest               Class    Accrued Cert Interest       Cert Deferred Interest
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1          674,942.24                        0.00
                                                                        A-2        2,538,985.64                        0.00
                                                                        B            178,841.95                        0.00
                                                                        C            268,262.93                        0.00
                                                                        D            245,907.68                        0.00
                                                                        E             67,065.73                        0.00
                                                                        F            201,197.20                        0.00
                                                                        G             44,710.49                        0.00
                                                                        H             97,224.87                        0.00
                                                                        I             21,605.53                        0.00
                                                                        J             75,619.34                        0.00
                                                                        X            512,935.59                        0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xiii)       Scheduled Principal Distribution Amount                                                     935,250.98
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                                                             0.00



(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>
<PAGE>
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
                                          CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                              COMMERCIAL MORTGAGE PASS-THROUGH
                                                        SERIES 1998-2
                                                   DISTRIBUTION STATEMENT
====================================================================================================================================
DISTRIBUTION DATE:  19-Jan-1999                                                                                            PAGE # 1
RECORD DATE:        31-Dec-1998




------------------------------------------------------------------------------------------------------------------------------------
                                                                                           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  161505CV2    198,800,000.00   197,738,880.70  1,118,069.06     992,813.96   0.00       0.00      2,110,883.02   196,620,811.64
 A-2  161505CW0    720,598,732.00   720,598,732.00          0.00   3,837,188.25   0.00       0.00      3,837,188.25   720,598,732.00
  B   161505CZ3     63,406,809.00    63,406,809.00          0.00     337,641.26   0.00       0.00        337,641.26    63,406,809.00
  C   161505DA7     69,747,490.00    69,747,490.00          0.00     371,405.38   0.00       0.00        371,405.38    69,747,490.00
  D   161505DB5     72,917,830.00    72,917,830.00          0.00     388,287.44   0.00       0.00        388,287.44    72,917,830.00
  E   161505DC3     19,022,043.00    19,022,043.00          0.00     101,292.38   0.00       0.00        101,292.38    19,022,043.00
  F   161505DD1     57,066,128.00    57,066,128.00          0.00     303,877.13    N/A       0.00        303,877.13    57,066,128.00
  G   161505DE9     12,681,362.00    12,681,362.00          0.00      67,528.25    N/A       0.00         67,528.25    12,681,362.00
  H   161505DF6     22,192,383.00    22,192,383.00          0.00     118,174.44    N/A       0.00        118,174.44    22,192,383.00
  I   161505DG4      9,511,021.00     9,511,021.00          0.00      50,646.19    N/A       0.00         50,646.19     9,511,021.00
  J   161505DH2     22,192,383.00    22,192,383.00          0.00     118,174.44    N/A       0.00        118,174.44    22,192,383.00
  R         N/A               N/A              N/A           N/A           0.00    N/A        N/A              0.00              N/A
  LR        N/A               N/A              N/A           N/A           0.00    N/A        N/A              0.00              N/A
------------------------------------------------------------------------------------------------------------------------------------
TOTALS           1,268,136,181.00 1,267,075,061.70  1,118,069.06   6,687,029.12   0.00       0.00      7,805,098.18 1,265,956,992.64
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
                          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>           <C> 
     X     161505CY6    1,268,136,181.00   1,267,075,061.70        697,349.98           0.00          697,349.98    1,265,956,992.64
------------------------------------------------------------------------------------------------------------------------------------

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

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         161505CV2           5.62408984            4.99403400      989.03828793         0.06025000
    A-2         161505CW0           0.00000000            5.32500000     1000.00000000         0.06390000
     B          161505CZ3           0.00000000            5.32500003     1000.00000000         0.06390000
     C          161505DA7           0.00000000            5.32499994     1000.00000000         0.06390000
     D          161505DB5           0.00000000            5.32499993     1000.00000000         0.06390000
     E          161505DC3           0.00000000            5.32500005     1000.00000000         0.06390000
     F          161505DD1           0.00000000            5.32499997     1000.00000000         0.06390000
     G          161505DE9           0.00000000            5.32499979     1000.00000000         0.06390000
     H          161505DF6           0.00000000            5.32500002     1000.00000000         0.06390000
     I          161505DG4           0.00000000            5.32500033     1000.00000000         0.06390000
     J          161505DH2           0.00000000            5.32500002     1000.00000000         0.06390000
     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> 
     X          161505CY6              0.54990149          998.28158175        0.00660434         0.00720028
-------------------------------------------------------------------------------------------------------------

                                                        GMAC COMMERCIAL MORTGAGE CORPORATION
                                                                       SERVICER
(C) COPYRIGHT 1995, CHASE BANKING CORPORATION
------------------------------------------------------------------------------------------------------------------------------------
</TABLE>