UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 10-K/A

[X]      Annual  report  pursuant  to  Section  13 or  15(d)  of the Securities
         Exchange   Act  of  1934  for   the   period   from   December 1, 2001
         (Commercement of Operations) to December 31, 2001

[  ]     Transition report pursuant to Section 13 or 15(d) of the
         Securities Exchange Act of 1934 for the transition period from   to


                        Commission File Number 333-63752-04

                SALOMON BROTHERS MORTGAGE SECURITIES VII, INC.
             (Exact name of registrant as specified in its charter)

         Delaware                                            13-3439681
(State or other jurisdiction of                           I.R.S. Employer
incorporation or organization)                            Identification No.)

388 Greenwich Street
New York, New York                                             10013
(Address of Principal Executive Offices)                      (Zip Code)

       Registrant's telephone number, including area code (212)783-5635


            SALOMON BROTHERS MORTGAGE SECURITIES VII, INC.
      Commercial Mortgage Pass-Through Certificates Series 2001-C2
       (Title of each class of securities covered by this Form)

Securities registered pursuant to Section 12(b) of the Act:  None
Securities registered pursuant to Section 12(g) of the Act:  None

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days. Yes [X] No [ ]

     Indicate by check mark if disclosure of delinquent  filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's  knowledge,  in definitive proxy or information  statements
incorporated  by reference  in Part III of this Form 10-K/A or any  amendment to
this Form 10-K/A. [X]

Documents incorporated by reference:  None

                                   Page 1 of 6
             This report consists 7 of consecutively numbered pages.
<PAGE>

                        AMENDMENT NUMBER 1 OF 1

                                -2-

<PAGE>
SALOMON BROTHERS MORTGAGE SECURITIES VII, INC.
Commercial Mortgage Pass-Through Certificates Series 2001-C2
------------------------------------------------------------

PART I

Item 1.  Business

         Omitted.

Item 2.  Properties

         Omitted.

Item 3.  Legal Proceedings

The  Registrant is not aware of any material legal  proceeding  with respect to,
the Company, the Master Servicer or the Trustee, as related to the Trust.

Item 4.  Submission of Matters to a Vote of Security Holders

No  matter  was  submitted  to a vote  or  consent  of  Holders  of the  Offered
Certificates during the fiscal year covered by this report.


PART II

Item 5.  Market for Registrant's Common Equity and Related Stockholder Matters

The Trust does not issue stock. There is currently no established secondary
market for the Certificates.


Item 6.  Selected Financial Data

         Omitted.

Item 7.  Management's Discussion and Analysis of Financial condition and
         Results of Operations

         Omitted.

Item 8.  Financial Statements and Supplementary Data

         Omitted.

Item 9.  Changes in and Disagreements with Accountants on Accounting and
         Financial Disclosure

There was no change of  accountants  or  disagreement  with  accountants  on any
matter of accounting principles or practices or financial disclosure.

                                      -3-

<PAGE>

PART III

Item 10. Directors and Executive Officers of the Registrant

         Omitted.

Item 11. Executive Compensation

         Omitted.

Item 12. Security Ownership of Certain Beneficial Owners and Management

         Omitted.


Item 13. Certain Relationships and Related Transactions

No reportable transactions have occurred.


PART IV

Item 14. Exhibits, Financial Statement Schedules and Reports on Form 8-K

(a) The following documents are filed as part of this report:

    (1) Financial Statements:
         Omitted.

    (2)  Financial Statement Schedules:
         Omitted.

    (3)  Exhibits:

   Annual  Servicer's  Statement of  Compliance,  filed as Exhibit 99.1 hereto.
   Annual Statement of  Independent  Accountants  Report for the Servicer,
   filed as Exhibit 99.2 hereto.

(b)   Reports on Form 8-K: The  following  Current  Reports on Form 8-K were
      filed by the Registrant during the last quarter of 2001.

      No reportable transactions have occurred.

(c)   Exhibits to this report are listed in Item (14)(a)(3) above.


                                      -4-
<PAGE>
Annual report  pursuant to Section 13 or 15(d) of the  Securities  Exchange
Act of 1934 for the fiscal year ended December 31, 2002

SALOMON BROTHERS MORTGAGE SECURITIES VII, INC.
Commercial Mortgage Pass-Through Certificates Series 2001-C2
------------------------------------------------------------

SIGNATURE

Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  registrant  has duly  caused  this report to be signed on its
behalf by the undersigned thereunto duly authorized.

                                 SALOMON BROTHERS MORTGAGE SECURITIES VII, INC.



Date:  April 1, 2003             By:  Paul Vanderslice
                                 -----------------------------
                                 Name:  Paul Vanderslice
                                 Title: Vice President



                                      -5-
<PAGE>
                             CERTIFICATION

            Salomon Brothers Mortgage Securities VII, Inc.
                   Commercial Mortgage Trust 2001-C2
    Commercial Mortgage Pass-Through Certificates, Series 2001-C2

I, Paul Vanderslice, certify that:

     1. I have reviewed this annual report on Form 10-K, and all reports on Form
8-K  containing  distribution  or servicing  reports filed in respect of periods
included in the year covered by this annual  report (of which none were required
to be filed) of Salomon Brothers Mortgage Securities VII, Inc.;

     2. Based on my knowledge,  the  information  in these  reports,  taken as a
whole, does not contain any untrue statement of a material fact or omit to state
a  material  fact  necessary  to make  the  statements  made,  in  light  of the
circumstances  under which such  statements  were made, not misleading as of the
last day of the period covered by this annual report; and

     3.  Based on my  knowledge,  the  distribution  and  servicing  information
required to be provided  to the  trustee by the  servicer  under the pooling and
servicing  agreement,  for  inclusion  in these  reports  is  included  in these
reports.

     In giving the certifications above, I have reasonably relied on information
provided to me by the following  unaffiliated  parties:  Midland Loan  Services,
Inc., as Master Servicer.

Date: April 1, 2003


By:  Paul Vanderslice
 -------------------------------------
 Name:  Paul Vanderslice
 Title: Vice President

                                      -6-



<PAGE>

SUPPLEMENTAL  INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION
15(D) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO
SECTION 12 OF THE ACT.

The  registrant  has not sent an annual report or proxy material to its security
holders.  The registrant  will not be sending an annual report or proxy material
to its security holders subsequent to the filing of this form.

                                      -7-
<PAGE>


                                 EXHIBIT INDEX

Exhibit     Description

 99.1       Servicer's Annual Statement of Compliance
 99.2       Servicer's Annual Independent Accountant's Report



                                      -8-

<PAGE>

EXHIBIT 99.1 - Servicer's Annual Statement of Compliance

                                     -9-


<PAGE>

MidlandLoanServices
10851 Mastin
P.O. Box 25965
Shawnee Mission, Kansas  66225-5965
Telephone:  (913) 253-9000
Facsimile:  (913) 253-9001
www.midlandls.com

March 27, 2003

Ms. Jennifer Richardson
Wells Fargo Bank Minnesota, N.A.
Corporate Trust Services
9062 Old Annapolis Road
Columbia, MD
USA  21045-1951

Salomon Brothers Mortgage Securities VII, Inc.,
Commercial Mortgage Pass-Through Certificates, Series 2001-C2
Pooling and Servicing Agreement

OFFICER'S CERTIFICATE

     Pursuant  to  the  requirements  of  that  certain  Pooling  and  Servicing
Agreement  governing the referenced  Trust (the "PSA"),  it is hereby  certified
that (i) the undersigned has completed a review of the servicer's performance of
its  obligations  under the PSA for the calendar  year ended  December 31, 2001;
(ii) to the best of the undersigned's  knowledge on the basis of that review the
servicer has  fulfilled all of its  obligations  under the PSA  throughout  such
period  in all  material  respects;  (iii)  to  the  best  of the  undersigned's
knowledge, the subservicer, of the servicer under the PSA, if any, has fulfilled
its obligations under its sub-servicing  agreement in all material respects; and
(iv) no notice  has been  received  from any  governmental  agency or body which
would  indicate  a  challenge  or  question  as to the  status  of  the  Trust's
qualification as a REMIC under the U.S. Code.



By:  /s/ Charles J. Sipple              Date:  3-27-02
--------------------------
Charles J. Sipple
Executive Vice President

                                 -10-
<PAGE>

EXHIBIT 99.2 - Servicer's Annual Independent Accountant's Report

                                -11-
<PAGE>

Ernst & Young LLP
One Kansas City Place
1200 Main Street
Kansas City, Missouri 64105-2143
Telephone:  (816) 474-5200
www.ey.com


Report on Management's Assertion on Compliance
with the Minimum Servicing Standards Set Forth in the
Uniform Single Attestation Program for Mortgage Bankers

REPORT OF INDEPENDENT ACCOUNTANTS

The Audit Committee
The PNC Financial Services Group, Inc.

     We have  examined  management's  assertion,  included  in the  accompanying
report titled Report of Management,  that Midland Loan Services,  Inc. (MLS), an
indirectly  wholly owned subsidiary of The PNC Financial  Services Group,  Inc.,
complied with the minimum servicing  standards set forth in the Mortgage Bankers
Association of America's Uniform Single Attestation Program for Mortgage Bankers
(USAP)  except for  commerical  loan and  multifamily  loan  servicing,  minimum
servicing  standards V.4 and VI.1.,  which the Mortgage  Bankers  Association of
America has interpreted as inapplicable to such servicing  during the year ended
December 31, 2001.  Management is responsible  for MLS's  compliance  with those
requirements.  Our  responsibility  is to express  an  opinion  on  management's
assertions about MLS's compliance based on our examination.

     Our  examination  was  made  in  accordancae  with  attestation   standards
established  by the  American  Institute of Certified  Public  Accountants  and,
accordingly,   included  examining,  on  a  test  basis,  evidence  about  MLS's
compliance with those  requirements  and performing such other  procedures as we
considered  necessary  in the  circumstances.  We believe  that our  examination
provides a reasonable basis for our opinion.  Our examination does not provide a
legal determination on MLS's compliance with specified requirements.

     In  our  opinion,   management's  assertion  that  MLS  complied  with  the
aforementioned  requirements  during the year ended  December 31, 2001 is fairly
stated, in all material respects.


By:  /s/  Ernst & Young LLP
-----------------------------
Ernst & Young LLP


February 15, 2002

                                -12-
<PAGE>

MidlandLoanServices
210 West 10th Street
Kansass City, Missouri  64105
Telephone:  (816) 435-5000
Facsimile:  (816) 435-2326
www.midlandls.com


Management's Assertion on Compliance with the Minimum Servicing Standards
Set Forth in the Uniform Single Attestion Program for Mortgage Bankers

REPORT OF MANAGEMENT

     We, as members of  management  of Midland Loan  Services,  Inc.  (MLS),  an
indirectly  wholly owned subsidiary of The PNC Financial  Services Group,  Inc.,
(PNC), are responsible for complying with the minimum servicing standards as set
forth  in  the  Mortgage  Bankers   Association  of  America's   Uniform  Single
Attestation  Program for Mortgage  Bankers (USAP) except for commercial loan and
multifamily  servicing,  minimum  servicing  standards V.4 and VI.1.,  which the
Mortgage Bankers  Association of America has interpreted as inapplicable to such
servicing.  We are also responsible for  establishing and maintaining  effective
internal  control over  compliance  with these  standards.  We have performed an
evaluation of MLS' compliance with the minimum servicing  standards as set forth
in the USAP as of December 31, 2001, and for the year then ended.  Based on this
evaluation,  we assert  that  during  the year  ended  December  31,  2001,  MLS
complied,  in all material  reespects,  with the minimum servicing standards set
forth in the USAP.

     As of the for this same  period,  PNC had in effect a fidelity  bond in the
amount of  $300,000,000  and an errors  and  omissions  policy in the  amount of
$75,000,000.

MIDLAND LOAN SERVICES, INC.

By:  /s/ Steven W. Smith                        By:  /s/ Vincent E. Beckett
------------------------                        ---------------------------
Steven W. Smith                                 Vincent E. Beckett
Executive Vice President                        Senior Vice President

February 15, 2002


                                  -13-