<PAGE> 
<TABLE>

------------------------------------------------------------------------------------------------------------------------------------
                                CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                    COMMERCIAL MORTGAGE PASS-THROUGH
                                              SERIES 1997-1
                                         DISTRIBUTION STATEMENT
====================================================================================================================================
 DISTRIBUTION DATE:    19-Feb-1999                                                                                     PAGE # 1
 RECORD DATE:          29-Jan-1999

------------------------------------------------------------------------------------------------------------------------------------
                                                                                          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   68,414,995.93   563,692.57     414,480.85      0.00        0.00      978,173.42    67,851,303.36
 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      76,525.18       N/A        0.00       76,525.18    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  501,589,981.93   563,692.57   3,069,465.70       0.00       0.00    3,633,158.27   501,026,289.36
------------------------------------------------------------------------------------------------------------------------------------


------------------------------------------------------------------------------------------------------------------------------------
                     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    68,414,995.93         N/A          N/A              N/A           67,851,303.36
 WAC   Component     533,774,986.00   501,589,981.20         N/A          N/A              N/A          501,026,288.63
  X    161505BA9     533,774,986.00   501,589,981.93      601,379.54      0.00       601,379.54         501,026,289.36
------------------------------------------------------------------------------------------------------------------------------------

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

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

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     5.6033058648        4.1200879722       674.4662361829         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        5.7346397210      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           1.4250962%        1.42508241%
     X          161505BA9                1.1266537         938.6470001           1.4387358%        1.43862487%
---------------------------------------------------------------------------------------------------------------

====================================================================================================================================

------------------------------------------------------------------------------------------------------------------------------------
                                                                     CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                                                          COMMERCIAL MORTGAGE PASS-THROUGH
                                                                                   SERIES 1997-1
                                                                               DISTRIBUTION STATEMENT
====================================================================================================================================

DISTRIBUTION DATE:                          19-Feb-1999                                                                   PAGE # 2
RECORD DATE:                                29-Jan-1999

<S>                         <C>                                                                                <C>       
SECTION 4.02 (a)(iii)        P & I Advances                                                                         399,321.88

SECTION 4.02 (a)(iv)         Servicing Compensation                                                                  40,943.88

SECTION 4.02 (a)(iv)         Trustee Compensation                                                                     2,675.19
SECTION 4.02 (a)(iv)         Special Servicing Compensation                                                           5,431.52
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(v)          Aggregate Stated Principal Balance                                Beginning Balance     Ending Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        Mortgage Loans           501,589,981.20       501,026,288.63
                                                                        Reo Loans Outstanding              0.00                 0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vi)         Aggregate Number of Mortgages Loans                                                        104
                             Aggregate Mortgage Principal Balance                                               501,026,288.63
                             Weighted Average Remaining Term to Maturity                                                104.00
                             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                1,713,359.60        
                                                                        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                                                        4,234,537.81  
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(x)          Accrued Certificate Interest               Class      Accrued Cert Interest     Cert Deferred Interest 
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1                414,480.85                      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                  601,379.54                      0.00
                                                                        ------------------------------------------------------------

SECTION 4.02 (a)(xiii)       Scheduled Principal Distribution Amount                                                563,692.57
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             5,431.52                   30,995.71
                                                                        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:   19-Feb-1999                                                                                           PAGE # 1
RECORD DATE:         29-Jan-1999

------------------------------------------------------------------------------------------------------------------------------------
                                                                                             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  171,477,734.33   728,477.57     921,692.82      0.00      0.00      1,650,170.39  170,749,256.76
 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       N/A      0.00        268,617.48   48,839,542.00
  G     161505BT8     6,104,943.00    6,104,943.00         0.00      33,577.19       N/A      0.00         33,577.19    6,104,943.00
  H     161505BU5    12,209,886.00   12,209,886.00         0.00      67,154.37       N/A      0.00         67,154.37   12,209,886.00
  I     161505BV3     8,139,924.00    8,139,924.00         0.00      44,769.58       N/A      0.00         44,769.58    8,139,924.00
  J     161505BW1    14,244,866.00   14,244,866.00         0.00      77,686.62       N/A      0.00         77,686.62   14,244,866.00
  R           N/A             N/A              N/A          N/A           0.00       N/A      0.00              0.00            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  789,470,107.33   728,477.57   4,319,990.73      0.00      0.00      5,048,468.30  788,741,629.76
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
                      Original          Beginning                               Prepayment          Total              Ending
Class     Cusip#      Notional          Notional             Interest           Penalties        Distribution         Notional
                      Balance            Balance           Distribution          (PP/YMC)                             Balance
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
<S>    <C>           <C>              <C>                <C>                   <C>              <C>                 <C>          
 A-1    Component     196,000,000.00    171,477,734.33         N/A                         N/A              N/A       170,749,256.76
 WAC    Component     813,992,373.00    789,470,107.33         N/A                         N/A              N/A       788,741,629.76
  X     161505BM3     813,992,373.00    789,470,107.33         1,040,662.12               0.00     1,040,662.12       788,741,629.76
------------------------------------------------------------------------------------------------------------------------------------

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

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

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         3.7167222959        4.7025143981       871.1696773469         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        5.4536572027      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
---------------------------------------------------------------------------------------------------------------
    A-1         Component                      N/A                 N/A           0.1500000%        0.15000000%
    WAC         Component                      N/A                 N/A           1.4594097%        1.45943077%
     X          161505BM3                1.2784667         968.9791403           1.5818136%        1.49187328%
---------------------------------------------------------------------------------------------------------------

====================================================================================================================================

------------------------------------------------------------------------------------------------------------------------------------
                                              CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                                   COMMERCIAL MORTGAGE PASS-THROUGH
                                                            SERIES 1997-2
                                                        DISTRIBUTION STATEMENT
====================================================================================================================================
DISTRIBUTION DATE:                          19-Feb-1999                                                                   PAGE # 2
RECORD DATE:                                29-Jan-1999


<S>                         <C>                                                                               <C>       
SECTION 4.02 (a)(iii)        P & I Advances                                                                            568,272.54

SECTION 4.02 (a)(iv)         Servicing Compensation                                                                     61,207.87

SECTION 4.02 (a)(iv)         Trustee Compensation                                                                        3,782.94
SECTION 4.02 (a)(iv)         Special Servicing Compensation                                                                660.15
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(v)          Aggregate Stated Principal Balance                                Beginning Balance      Ending Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        Mortgage Loans            789,482,039.39      788,749,850.65
                                                                        Reo Loans Outstanding       4,940,419.96        4,936,230.69
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vi)         Aggregate Number of Mortgages Loans                                                           167
                             Aggregate Mortgage Principal Balance                                                  788,749,850.65
                             Weighted Average Remaining Term to Maturity                                                   104.00
                             Weighted Average Mortgage Rate                                                                  8.16%

                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vii)        Loans Delinquent                           Period               Number    Aggr Principal Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        1 Month                  2                4,830,964.38
                                                                        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                                                           6,089,130.42  
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(x)          Accrued Certificate Interest               Class    Accrued Cert Interest       Cert Deferred Interest 
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1            921,692.82                        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            1,040,662.12                        0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xiii)       Scheduled Principal Distribution Amount                                                   732,877.66
SECTION 4.02 (a)(xiii)       Unscheduled Principal Distribution Amount                                                  -4,400.09
                                                                        ------------------------------------------------------------
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               660.15                    6,355.09
                                                                        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 1998-1
                                                       DISTRIBUTION STATEMENT
====================================================================================================================================
DISTRIBUTION DATE:  18-Feb-1999                                                                                     PAGE # 1
RECORD DATE:        29-Jan-1999


------------------------------------------------------------------------------------------------------------------------------------
                                                                                            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    126,814,069.18    687,022.63     670,001.00   0.00        0.00     1,357,023.63  126,127,046.55
  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    812,088,854.18    687,022.63   4,409,422.36   0.00        0.00     5,096,444.99  811,401,831.55
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
                     Original            Beginning                               Prepayment          Total              Ending
Class     Cusip#     Notional            Notional             Interest           Penalties        Distribution         Notional
                     Balance              Balance           Distribution          (PP/YMC)                             Balance
------------------------------------------------------------------------------------------------------------------------------------
  X     161505CA8  817,874,785.00     812,088,854.18          512,232.67            0.00          512,232.67       811,401,831.55
------------------------------------------------------------------------------------------------------------------------------------



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

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

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         5.1811661388        5.0527978884       951.1843631222         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
------------------------------------------------------------------------------------------------------------
  X          161505CA8                0.6262972         992.0856425           0.7569113%        0.72165106%
------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
                                    CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                         COMMERCIAL MORTGAGE PASS-THROUGH
                                                  SERIES 1998-1
                                              DISTRIBUTION STATEMENT
====================================================================================================================================
DISTRIBUTION DATE:                          18-Feb-1999                                                                   PAGE # 2
RECORD DATE:                                29-Jan-1999

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

SECTION 4.02 (a)(iv)         Servicing Compensation                                                                  49,774.10

SECTION 4.02 (a)(iv)         Trustee Compensation                                                                     4,060.49
SECTION 4.02 (a)(iv)         Special Servicing Compensation                                                           3,383.75
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(v)          Aggregate Stated Principal Balance                                Beginning Balance     Ending Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        Mortgage Loans          812,094,775.14       811,407,752.51
                                                                        Reo Loans Outstanding             0.00                 0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vi)         Aggregate Number of Mortgages Loans                                                           78
                             Aggregate Mortgage Principal Balance                                                 811,407,752.51
                             Weighted Average Remaining Term to Maturity                                                  146.00
                             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                                                          5,608,677.66  
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(x)          Accrued Certificate Interest               Class       Accrued Cert Interest    Cert Deferred Interest 
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1                670,001.00                     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                  512,232.67                     0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xiii)       Scheduled Principal Distribution Amount                                                  687,022.63
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-Feb-1999                                                                                         PAGE # 1
RECORD DATE:        29-Jan-1999


------------------------------------------------------------------------------------------------------------------------------------
                                                                                           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    196,620,811.64   910,110.12     987,200.33    0.00        0.00     1,897,310.45   195,710,701.52
 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  1,265,956,992.64   910,110.12   6,681,415.49    0.00        0.00     7,591,525.61 1,265,046,882.52
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
                            Original             Beginning                          Prepayment       Total              Ending
 Class    Cusip#            Notional             Notional            Interest       Penalties     Distribution         Notional
                            Balance               Balance          Distribution      (PP/YMC)                          Balance
------------------------------------------------------------------------------------------------------------------------------------
   X     161505CY6      1,268,136,181.00     1,265,956,992.64        696,390.80         0.00       696,390.80     1,265,046,882.52
------------------------------------------------------------------------------------------------------------------------------------



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

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

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       4.57801871            4.96579643      984.46026922         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            5.32500001     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
-------------------------------------------------------------------------------------------------------------
 X      161505CY6          0.54914512          997.56390636        0.00660108         0.00592135
-------------------------------------------------------------------------------------------------------------



====================================================================================================================================

------------------------------------------------------------------------------------------------------------------------------------
                                     CHASE COMMERCIAL MORTGAGE SECURITIES CORP
                                          COMMERCIAL MORTGAGE PASS-THROUGH
                                                   SERIES 1998-2
                                               DISTRIBUTION STATEMENT
====================================================================================================================================

DISTRIBUTION DATE:        19-Feb-1999                                                                                      PAGE # 2
RECORD DATE:              29-Jan-1999



<S>                        <C>                                                                               <C>     
SECTION 4.02 (a)(iii)        P & I Advances                                                                             8,014.53

SECTION 4.02 (a)(iv)         Servicing Compensation                                                                    60,319.25

SECTION 4.02 (a)(iv)         Trustee Compensation                                                                       6,066.04
SECTION 4.02 (a)(iv)         Special Servicing Compensation                                                             5,279.48
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(v)          Aggregate Stated Principal Balance                                 Beginning Balance     Ending Balance
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        Mortgage Loans            1,265,956,994.12  1,265,046,884.00
                                                                        Reo Loans Outstanding                 0.00              0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(vi)         Aggregate Number of Mortgages Loans                                                           98
                             Aggregate Mortgage Principal Balance                                               1,265,046,884.00
                             Weighted Average Remaining Term to Maturity                                                  122.00
                             Weighted Average Mortgage Rate                                                                 6.98%

                                                                        ------------------------------------------------------------
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                                                          8,287,916.41  
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(x)          Accrued Certificate Interest               Class     Accrued Cert Interest     Cert Deferred Interest  
                                                                        ------------------------------------------------------------
                                                                        ------------------------------------------------------------
                                                                        A-1            987,200.33                        0.00       
                                                                        A-2          3,837,188.25                        0.00
                                                                        B              337,641.26                        0.00
                                                                        C              371,405.38                        0.00
                                                                        D              388,287.44                        0.00
                                                                        E              101,292.38                        0.00
                                                                        F              303,877.13                        0.00
                                                                        G               67,528.25                        0.00
                                                                        H              118,174.44                        0.00
                                                                        I               50,646.19                        0.00
                                                                        J              118,174.44                        0.00
                                                                        X              696,390.80                        0.00
                                                                        ------------------------------------------------------------
SECTION 4.02 (a)(xiii)       Scheduled Principal Distribution Amount                                                  901,776.78
SECTION 4.02 (a)(xiii)       Unscheduled Principal Distribution Amount                                                  8,333.34
                                                                        ------------------------------------------------------------
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>