# EDGAR Filing Document

**Accession Number:** 0001671048
**File Stem:** 0001853620-23-000048
**Filing Date:** 2023-2
**Character Count:** 50649
**Document Hash:** ba863bcf82dcbe4bbcaf1db9723f2228
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001853620-23-000048.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001853620-23-000048

**CONFORMED SUBMISSION TYPE**: 10-D

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230210

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**ABS ASSET CLASS**: Commercial mortgages

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CFCRE 2016-C4 Mortgage Trust
- **CENTRAL INDEX KEY:** 0001671048
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 10-D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-207567-02
- **FILM NUMBER:** 23658577

**BUSINESS ADDRESS:**
- **STREET 1:** 110 EAST 59TH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 212-938-5000

**MAIL ADDRESS:**
- **STREET 1:** 110 EAST 59TH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

---

| |
|:---|
| **UNITED STATES** |
| **SECURITIES AND EXCHANGE COMMISSION** |
| **Washington, D.C. 20549** |

---

**FORM 10-D**

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| |
|:---|
| **ASSET-BACKED ISSUER** |
| **DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF** |
| **THE SECURITIES EXCHANGE ACT OF 1934** |

---

For the monthly distribution period from <br> January 13, 2023 to February 10, 2023

Commission File Number of Issuing entity: <u>333-207567-02</u>

Central Index Key Number of issuing entity: <u>0001671048</u>

<u>CFCRE 2016-C4 Mortgage Trust</u> <br> (Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: <u>333-207567</u>

Central Index Key Number of depositor: <u>0001515166</u>

<u>CCRE Commercial Mortgage Securities, L.P.</u> <br> (Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor (if applicable): <u>0001558761</u> <br> <u>Cantor Commercial Real Estate Lending, L.P.</u> <br> (Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable): <u>0001238163</u> <br> <u>Société Générale</u> <br> (Exact name of sponsor as specified in its charter)

Central Index Key Number of sponsor (if applicable): <u>0001632269</u> <br> <u>Benefit Street Partners CRE Finance LLC</u> <br> (Exact name of sponsor as specified in its charter)

<u>James Buccola (212) 829-7054</u> <br> (Name and telephone number, including area code, of the person to contact in connection with this filing)

<u>New York</u> <br> (State or other jurisdiction of incorporation or organization of the issuing entity)

81-2261823 <br> <u>38-4005785</u> <br> (I.R.S. Employer Identification No.)

---

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|:---|
| c/o U.S. Bank National Association |
| 190 S. LaSalle St. |
| <u>Chicago, IL</u> |
| (Address of principal executive offices of issuing entity) |

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<u>60603</u> <br> (Zip Code)

<u>312-332-7458</u> <br> (Telephone number, including area code)

<u>Not Applicable</u> <br> (Former name, former address, if changed since last report)

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|:---|:---|:---|:---|:---|
| **Registered/reporting pursuant to (check one)** | **Registered/reporting pursuant to (check one)** | **Registered/reporting pursuant to (check one)** | **Registered/reporting pursuant to (check one)** | **Registered/reporting pursuant to (check one)** |
|  |  |  |  | Name of exchange |
| Title of Class | Section 12(b) | Section 12(g) | Section 15(d) | (If Section 12(b)) |
| A-1 | ☐ | ☐ | ☒ | _______ |
| A-2 | ☐ | ☐ | ☒ | _______ |
| A-SB | ☐ | ☐ | ☒ | _______ |
| A-3 | ☐ | ☐ | ☒ | _______ |
| A-4 | ☐ | ☐ | ☒ | _______ |
| A-HR | ☐ | ☐ | ☒ | _______ |
| X-A | ☐ | ☐ | ☒ | _______ |
| X-HR | ☐ | ☐ | ☒ | _______ |
| X-B | ☐ | ☐ | ☒ | _______ |
| X-C | ☐ | ☐ | ☒ | _______ |
| A-M | ☐ | ☐ | ☒ | _______ |
| B | ☐ | ☐ | ☒ | _______ |
| C | ☐ | ☐ | ☒ | _______ |

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|:---|
| Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the Securities and 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 ☒ No ☐ |
| **PART I - DISTRIBUTION INFORMATION ITEM** |
| **Item 1. Distribution and Pool Performance Information.** |
| On February 10, 2023 a distribution was made to holders of CFCRE 2016-C4 Mortgage Trust. The monthly report to holders is attached as Exhibit 99.1. |
| No assets securitized by CCRE Commercial Mortgage Securities, L.P. and held by CFCRE 2016-C4 Mortgage Trust were the subject of a demand to repurchase or replace for breach of the representations and warranties contained in the underlying transaction documents during the monthly distribution period covered by this distribution report on Form 10-D. |
| CCRE Commercial Mortgage Securities, L.P. has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on January 27, 2023. The CIK Number of The Depositor is 0001515166. |

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|:---|
| Cantor Commercial Real Estate Lending, L.P. has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 10, 2023. The CIK Number of Cantor Commercial Real Estate Lending, L.P. is 0001558761. |
| Société Générale has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 8, 2023. The CIK Number of Société Générale is 0001238163. |

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Benefit Street Partners CRE Finance LLC has filed a Form ABS-15G pursuant to Rule 15Ga-1 under the Securities Exchange Act of 1934 on February 14, 2023. The CIK Number of Benefit Street Partners CRE Finance LLC is 0001632269.

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| |
|:---|
| **'Item 2. Legal Proceedings.** |
| Disclosure from CWCapital Asset Management LLC, as special servicer: |

---

From time to time, CWCapital Asset Management LLC, a Delaware limited liability company ("CWCAM"), is a party to lawsuits and other legal proceedings as part of its duties as a special servicer (e.g., enforcement of loan obligations) and/or arising in the ordinary course of business. Other than as set forth in the following paragraphs, there are currently no legal proceedings pending, and no legal proceedings known to be contemplated by governmental authorities, against CWCAM or of which any of its property is the subject, that are material to the certificateholders.

On December 17, 2015, U.S. Bank National Association, the trustee under five pooling and servicing agreements for (i) Wachovia Bank Commercial Mortgage Trust 2007-C30, (ii) COBALT CMBS Commercial Trust 2007-C2, (iii) Wachovia Bank Commercial Mortgage Trust 2007-C31, (iv) ML-CFC Commercial Mortgage Trust 2007-5 and (v) ML-CFC Commercial Mortgage Trust 2007-6 commenced a proceeding with the Second Judicial District Court of Ramsey County, Minnesota (the "State Court") for a declaratory judgment as to the proper allocation of certain proceeds ("Disputed Proceeds") received by CWCAM in connection with the sale of the Peter Cooper Village and Stuyvesant Town property in New York, New York securing loans held by those trusts. CWCAM was the special servicer of such property. The petition requests the State Court to instruct the trustee, the trust beneficiaries, and any other interested parties as to the amount of the Disputed Proceeds, if any, that constitute penalty interest and/or the amount of the Disputed Proceeds, if any, that constitute gain-on-sale proceeds, with respect to each trust. On February 24, 2016, CWCAM made a limited appearance with the State Court to file a motion to dismiss this proceeding based on lack of jurisdiction, mootness, standing and forum non conveniens. On July 19, 2016, the State Court denied CWCAM's motion to dismiss. On July 22, 2016, the action was removed to federal court in Minnesota ("Federal Court"). On October 21, 2016, the Federal Court held a hearing on the motion to transfer the action to the United States District Court for the Southern District of New York ("SDNY Court"), a motion to remand to state court and a motion to hear CWCAM's request for reconsideration of the motion to dismiss. On March 14, 2017, the Federal Court reserved the determination on the motion to hear CWCAM's request for reconsideration of the motion to dismiss, denied the motion to remand the matter to state court and granted the motion to transfer the proceeding to the SDNY Court. Cross motions for judgment on the pleadings were filed but the SDNY Court was unable to decide the case based on the pleadings and the SDNY Court ordered discovery. All fact discovery was completed in December, 2018 and expert discovery was completed on March 15, 2019. The parties submitted cross motions for summary judgment, and on March 19, 2020, the SDNY Court entered an opinion and order in which it granted summary judgment in CWCAM's favor and held that CWCAM was entitled to the entire amount of penalty interest and that CWCAM's determination of Yield Maintenance was correct. In the 127-page opinion, the SDNY Court found for CWCAM on every issue presented by the trustee's petition, namely, that the funds in dispute constitute penalty interest and yield maintenance, not gain-on-sale proceeds, and that the amount of penalty interest and yield maintenance was correctly calculated. An appeal of the SDNY Court's decision was taken on April 29, 2020. Oral argument on the appeal occurred on June 21, 2021. On July 14, 2022, the Second Circuit entered a decision affirming in part and reversing in part the SDNY Court's decision and remanding to the SDNY Court for further proceedings. The Second Circuit affirmed the SDNY's Court holding that Penalty Interest and Yield Maintenance are paid before Gain-On-Sale Proceeds. The Second Circuit reversed and remanded for further proceedings that portion of the SDNY Court's decision related to approximately $67.2 million in interest on advances. On January 13, 2023, the parties entered into a settlement agreement, in which (among other things) they agreed to stipulate that the amount of interest on advances that accrued on or before June 3, 2014 is $27.5 million, and that CWCAM would pay that amount into escrow for distribution to certificateholders upon the entry of an order by the Court approving the settlement. U.S. Bank National Association, as Trustee for the trusts, provided notice of the settlement to all parties in interest via a notice program approved by the Court. A hearing on the settlement is scheduled for March 16, 2023.

On December 1, 2017, a complaint against CWCAM and others was filed in the United States District Court for the Southern District of New York styled as CWCapital Cobalt Vr Ltd. v. CWCapital Investments LLC, et al., No. 17-cv-9463 (the "Original Complaint"). The gravamen of the Original Complaint alleged breaches of a contract and fiduciary duties by CWCAM's affiliate, CWCapital Investments LLC in its capacity as collateral manager for the collateralized debt obligation transaction involving CWCapital Cobalt Vr, Ltd. In total, there are 14 counts pled in the Original Complaint. Of those 14, 5 claims were asserted against CWCAM for aiding and abetting breach of fiduciary duty, conversion and unjust enrichment. On May 23, 2018, the Original Complaint was dismissed for lack of subject matter jurisdiction. On June 28, 2018, CWCapital Cobalt Vr Ltd. filed a substantially similar complaint in the Supreme Court of the State of New York, County of New York styled as CWCapital Cobalt Vr Ltd. v. CWCapital Investments LLC, et al., Index No. 653277/2018 (the "New Complaint"). The gravamen of the New Complaint is the same as the previous complaint filed in the United State District Court for the Southern District of New York. In total there are 16 counts pled in the New Complaint. Of those 16 counts, 5 claims were asserted against CWCAM for aiding and abetting breach of fiduciary duty, conversion and unjust enrichment, 1 count seeks a declaratory judgement that the plaintiff has the right to enforce the contracts in question and 1 count seeks an injunction requiring the defendants to recognize the plaintiff as the directing holder for the trusts in question. On January 11, 2019, the plaintiff dismissed with prejudice the declaratory judgment and injunction counts. The New Complaint and related summons was not served on the defendants until July 13, 2018 and July 16, 2018. The plaintiff's motion for a preliminary injunction was denied by the court on July 31, 2018. On August 3, 2018, the defendants, including CWCAM, filed a motion to dismiss the New Complaint in its entirety. On August 20, 2019, the court entered an order granting defendants' motion almost in its entirety, dismissing 11 of the 16 counts and partially dismissing 2 additional counts. Of the remaining counts, 2 are asserted against CWCAM for aiding and abetting breach of fiduciary duty and unjust enrichment. On September 19, 2019, CWCapital Cobalt Vr Ltd. filed a notice of appeal relating to the August 20, 2019 dismissal order and on September 26, 2019, filed an amended complaint against CWCI and CWCAM attempting to address deficiencies relating to certain of the claims dismissed by the August 20, 2019 order. CWCI and CWCAM filed its Motion to Dismiss the amended complaint on October 28, 2019. The court heard argument on the Motion to Dismiss the amended complaint on January 22, 2020 and on October 23, 2020, the court granted the motion dismissing the amended claims. On November 30, 2020, CWCapital Cobalt Vr Ltd filed a notice of appeal relating to the October 23, 2020 dismissal order. On April 27, 2021, the First Department affirmed the dismissal as to claims against CWCAM that were part of the August 20, 2019 dismissal, but reversed the dismissal of two counts for breach of the Collateral Management Agreement against CWCI. CWCI sought leave to file an appeal of the decision. The plaintiff also sought leave to appeal the dismissal of the claims against CWCAM. Both requests for leave were denied by the First Department. On May 15, 2020, CWCI and CWCAM filed a motion to renew its motion to dismiss as to 4 of the remaining counts (including the remaining two counts against CWCAM for aiding and abetting breach of fiduciary duty and unjust enrichment), based on a decision entered by Judge Failla in a trust instruction proceeding in the US District Court for the Southern District of New York awarding summary judgment in favor of CWCAM. On September 7, 2021, the court denied the motion to renew. CWCI and CWCAM filed a notice of appeal, which they perfected by the filing of their opening brief on July 1, 2022. On November 15, 2022, the First Department affirmed the court's denial of the motion to renew. On October 1, 2021, CWCI and CWCAM moved to reargue the denial of the motion to renew (or alternatively, the motion to dismiss) with respect to certain of Cobalt's claims, including the remaining 2 claims against CWCAM, based on the First Department's April 27, 2021 decision. On March 24, 2022, the court denied the relief sought in the motion to reargue. CWCI and CWCAM have appealed the court's decision on the motion to reargue and filed their opening brief on July 11, 2022. The appeal was dismissed as being non-appealable on August 30, 2022. CWCAM believes that it has performed its obligations under the related pooling and servicing agreements in good faith and the remaining allegations in the New Complaint are without merit.

**PART II - OTHER INFORMATION**

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|:---|
| **Item 10. Exhibits.** |
| (a) The following is a list of documents filed as part of this Report on Form 10-D: |
| [99.1 Monthly report distributed to holders of CFCRE 2016-C4 Mortgage Trust, relating to the February 10, 2023 distribution.](cfcre2016c4.htm) |
| (b) The exhibits required to be filed by the Registrant pursuant to this form are listed in the Exhibit Index that immediately follows on the signature page hereof. |

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**SIGNATURES**

Pursuant to the requirements 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.

 CCRE Commercial Mortgage Securities, L.P. <br> (Depositor)

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| | |
|:---|:---|
| Date: February 23, 2023 | <u>/s/ Jim Buccola</u> |
| | <u>Name: Jim Buccola</u> |
| | <u>Title: Executive Managing Director</u> |

---

**EXHIBIT INDEX**

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| | |
|:---|:---|
| **<u>Exhibit</u>** | **<u>Description</u>** |

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Exhibit 99.1 [Monthly report distributed to holders of CFCRE 2016-C4 Mortgage Trust, relating to the February 10, 2023 distribution.](cfcre2016c4.htm)

## Exhibit 99.1

# **CFCRE 2016-C4 Mortgage Trust**
**Commercial Mortgage Pass Through Certificates, Series 2016-C4**

# **DATES**

Payment Date: Feb 10, 2023
Prior Payment: Jan 12, 2023
Next Payment: Mar 10, 2023
Record Date: Jan 31, 2023
Determination Date: Feb 6, 2023
First Payment Date: Jun 10, 2016
Closing Date: May 18, 2016
Final Distribution Date: May 10, 2058

# **TABLE OF CONTENTS**

Payment Detail Page 1
Factor Detail Page 2
Principal Detail Page 3
Interest Detail Page 4
Reconciliation of Funds Page 5
Miscellaneous Detail Page 6
Interest Adjustment Reconciliation Page 7
Appraisal Reduction Report Page 8
Loan Level Detail Page 9
Historical Loan Modification Report Page 11
REO Status Report Page 12
REO Additional Detail Page 13
Defeased Loan Detail Page 14
Material Breaches and Document Defects Page 15
Historical Delinquency & Liquidation (Stated) Page 16
Delinquency Summary Report Page 17
Historical Liquidation Loss Loan Detail Page 19
Bond/Collateral Realized Loss Reconciliation Page 20

# **ADMINISTRATOR**

Name: Edward Przybycien
Title: Account Administrator

Address: 190 S. LaSalle St. 7th Fl.
Chicago, IL 60603

Phone: 312-332-7535
Email: Edward.Przybycien@usbank.com
Website: https://pivot.usbank.com/

# **PARTIES TO THE TRANSACTION**

Sponsor: Cantor Commercial Real Estate Lending, L.P.
Benefit Street Partners CRE Finance LLC
Société Générale, a société anonyme
Depositor: CCRE Commercial Mortgage Securities, L.P.
Trustee: U.S. Bank
Certificate Administrator: U.S. Bank
Custodian: U.S. Bank
Master Services: Wells Fargo Bank, National Association
Special Services: Rialto Capital Advisors, LLC
Operating Advisor: Park Bridge Lender Services LLC
Asset Representations Reviewer: Park Bridge Lender Services LLC

* This report contains, or is based on, information furnished to U.S. Bank Global Corporate Trust ("U.S. Bank") by one or more third parties (e.g. Servicers, Master Servicer, etc.), and U.S. Bank has not independently verified information received from any such third party.

# **CFCRE 2016-C4 Mortgage Trust**
**Commercial Mortgage Pass Through Certificates, Series 2016-C4**

# **PAYMENT DETAIL**

| Class | Pass-Through Rate | Original Balance | Beginning Balance | Principal Distribution | Interest Distribution | Total Distribution | Realized Loss |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| A-1 | 1.50100% | 32,507,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |  |
| A-2 | 2.70700% | 24,787,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |  |
| A-SB | 3.09100% | 46,464,000.00 | 29,972,250.49 | 788,938.84 | 77,203.52 | 866,142.36 | 0.00 | 29,182,250.49 |
| A-3 | 3.01400% | 200,000,000.00 | 167,219,154.53 | 0.00 | 419,998.78 | 419,998.78 | 0.00 | 167,219,154.53 |
| A-4 | 3.28300% | 230,220,000.00 | 230,220,000.00 | 0.00 | 629,843.55 | 629,843.55 | 0.00 | 230,220,000.00 |
| A-HR | 3.12100% | 54,000,000.00 | 48,226,005.59 | 86,311.28 | 125,427.80 | 211,739.08 | 0.00 | 48,125,427.80 |
| X-A | 1.60645% | 596,975,000.00 | 490,408,405.02 | 0.00 | 656,512.28 | 656,512.28 | 0.00 | 489,612,515.28 |
| X-HR | 1.71740% | 54,000,000.00 | 48,226,005.59 | 0.00 | 69,019.42 | 69,019.42 | 0.00 | 48,125,427.42 |
| X-B | 0.69140% | 37,799,000.00 | 37,799,000.00 | 0.00 | 21,778.50 | 21,778.50 | 0.00 | 37,799,000.00 |
| X-C | 0.00000% | 37,799,000.00 | 37,799,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 37,799,000.00 |
| X-D | 0.00000% | 45,148,000.00 | 45,148,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 45,148,000.00 |
| X-E | 1.33840% | 20,999,000.00 | 20,999,000.00 | 0.00 | 23,420.87 | 23,420.87 | 0.00 | 20,999,000.00 |
| X-F | 1.33840% | 9,450,000.00 | 9,450,000.00 | 0.00 | 10,539.89 | 10,539.89 | 0.00 | 9,450,000.00 |
| X-G | 1.33840% | 37,798,889.00 | 37,798,889.00 | 0.00 | 42,158.34 | 42,158.34 | 0.00 | 37,798,889.00 |
| A-M | 3.69100% | 62,997,000.00 | 62,997,000.00 | 0.00 | 193,768.27 | 193,768.27 | 0.00 | 62,997,000.00 |
| B | 4.14700% | 37,799,000.00 | 37,799,000.00 | 0.00 | 130,627.04 | 130,627.04 | 0.00 | 37,799,000.00 |

| C | 4.83840% | 37,799,000.00 | 37,799,000.00 | 0.00 | 152,405.55 | 152,405.55 | 0.00 | 37,799 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| D | 4.83840% | 45,148,000.00 | 45,148,000.00 | 0.00 | 182,036.71 | 182,036.71 | 0.00 | 45,148 |
| E | 3.50000% | 20,999,000.00 | 20,999,000.00 | 0.00 | 61,247.08 | 61,247.08 | 0.00 | 20,999 |
| F | 3.50000% | 9,450,000.00 | 9,450,000.00 | 0.00 | 27,562.50 | 27,562.50 | 0.00 | 9,450 |
| G | 3.50000% | 37,798,889.00 | 37,798,889.00 | 0.00 | 108,145.96 | 108,145.96 | 0.00 | 37,798 |
| R | 0.00000% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |  |
| V | 0.00000% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |  |

**Totals:** 839,968,889.00 727,628,299.61 875,250.12 2,931,696.08 3,806,946.20 0.00 726,75

# **CFCRE 2016-C4 Mortgage Trust**
**Commercial Mortgage Pass Through Certificates, Series 2016-C4**

# **FACTOR DETAIL**

| Class | CUSIP | Beginning Balance | Principal Distribution | Interest Distribution | Total Distribution | Realized Loss |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| A-1 | 12531YAJ7 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0 |
| A-2 | 12531YAK4 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0 |
| A-SB | 12531YAL2 | 645.06393100 | 16.97957214 | 1.66157718 | 18.64114932 | 0.00000000 | 628 |
| A-3 | 12531YAM0 | 836.09577265 | 0.00000000 | 2.09999388 | 2.09999388 | 0.00000000 | 836 |
| A-4 | 12531YAN8 | 1,000.00000000 | 0.00000000 | 2.73583333 | 2.73583333 | 0.00000000 | 1,000 |
| A-HR | 12531YAP3 | 893.07417759 | 1.59835704 | 2.32273709 | 3.92109413 | 0.00000000 | 891 |
| X-A | 12531YAQ1 | 821.48901549 | 0.00000000 | 1.09973162 | 1.09973162 | 0.00000000 | 820 |
| X-HR | 12531YAR9 | 893.07417759 | 0.00000000 | 1.27813747 | 1.27813747 | 0.00000000 | 891 |
| X-B | 12531YAS7 | 1,000.00000000 | 0.00000000 | 0.57616608 | 0.57616608 | 0.00000000 | 1,000 |
| X-C | 12531YAT5 | 1,000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1,000 |
| X-D | 12531YAA6/U1578TAA1 | 1,000.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 1,000 |
| X-E | 12531YAB4/U1578TAB9 | 1,000.00000000 | 0.00000000 | 1.11533275 | 1.11533275 | 0.00000000 | 1,000 |
| X-F | 12531YAC2/U1578TAC7 | 1,000.00000000 | 0.00000000 | 1.11533275 | 1.11533275 | 0.00000000 | 1,000 |
| X-G | 12531YAD0/U1578TAD5 | 1,000.00000000 | 0.00000000 | 1.11533275 | 1.11533275 | 0.00000000 | 1,000 |
| A-M | 12531YAU2 | 1,000.00000000 | 0.00000000 | 3.07583333 | 3.07583333 | 0.00000000 | 1,000 |
| B | 12531YAV0 | 1,000.00000000 | 0.00000000 | 3.45583333 | 3.45583333 | 0.00000000 | 1,000 |
| C | 12531YAW8 | 1,000.00000000 | 0.00000000 | 4.03199942 | 4.03199942 | 0.00000000 | 1,000 |
| D | 12531YAE8/U1578TAE3 | 1,000.00000000 | 0.00000000 | 4.03199942 | 4.03199942 | 0.00000000 | 1,000 |
| E | 12531YAF5/U1578TAF0 | 1,000.00000000 | 0.00000000 | 2.91666667 | 2.91666667 | 0.00000000 | 1,000 |
| F | 12531YAG3/U1578TAG8 | 1,000.00000000 | 0.00000000 | 2.91666667 | 2.91666667 | 0.00000000 | 1,000 |
| G | 12531YAH1/U1578TAH6 | 1,000.00000000 | 0.00000000 | 2.86108831 | 2.86108831 | 0.00000000 | 1,000 |
| R | 12531YAY4 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0 |
| V | 12531YAX6 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0.00000000 | 0 |

# **CFCRE 2016-C4 Mortgage Trust**
**Commercial Mortgage Pass Through Certificates, Series 2016-C4**

# **PRINCIPAL DETAIL**

Realized Loss/

| Class | Beginning Balance | Scheduled Principal | Unscheduled Principal | Principal Shortfall | Additional Trust Fund Expenses | Ending Balance | Cumulative Loss | Credit Surplus |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| A-1 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 30.00% |
| A-2 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 30.00% |
| A-SB | 29,972,250.49 | 788,938.84 | 0.00 | 0.00 | 0.00 | 29,183,311.65 | 0.00 | 30.00% |
| A-3 | 167,219,154.53 | 0.00 | 0.00 | 0.00 | 0.00 | 167,219,154.53 | 0.00 | 30.00% |
| A-4 | 230,220,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 230,220,000.00 | 0.00 | 30.00% |
| A-HR | 48,226,005.59 | 86,311.28 | 0.00 | 0.00 | 0.00 | 48,139,694.31 | 0.00 | 30.00% |
| A-M | 62,997,000.00 | 0.00 | 0.00 | (0.00) | 0.00 | 62,997,000.00 | 0.00 | 22.50% |
| B | 37,799,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 37,799,000.00 | 0.00 | 18.00% |
| C | 37,799,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 37,799,000.00 | 0.00 | 13.50% |
| D | 45,148,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 45,148,000.00 | 0.00 | 8.13% |
| E | 20,999,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 20,999,000.00 | 0.00 | 5.63% |
| F | 9,450,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9,450,000.00 | 0.00 | 4.50% |
| G | 37,798,889.00 | 0.00 | 0.00 | 0.00 | 0.00 | 37,798,889.00 | 0.00 | 0.00% |
| Totals: | 727,628,299.61 | 875,250.12 | 0.00 | 0.00 | 0.00 | 726,753,049.49 | 0.00 |  |

Totals: 2,933,796.88 0.00 2,100.80 0.00 0.00 2,931,696.08 67,

# **CFCRE 2016-C4 Mortgage Trust**
**Commercial Mortgage Pass Through Certificates, Series 2016-C4**

# **RECONCILIATION OF FUNDS**

| Funds Collection |  | Funds Distribution |  |
| --- | --- | --- | --- |
| Interest |  | Fees |  |
| Scheduled Interest | 3,049,002.96 | Servicing Fee | 11,869. |
| Interest Adjustments | (15,754.22) | Trustee/Certificate Administrator Fee | 3,759. |
| Deferred Interest | 0.00 | CREFC Intellectual Property Royalty License Fee | 313. |
| Net Prepayment Interest Shortfall | 0.00 | Operating Advisor Fee | 1,283. |
| Net Prepayment Interest Excess | 0.00 | Asset Representations Reviewer | 187. |
| Interest Reserve (Deposit)/Withdrawal | (97,793.23) | Additional Trust Fund Expenses | 0. |
| Interest Collections | 2,935,455.51 | Fee Distributions | 17,412. |
|  |  | Other Expenses of the Trust |  |
| Principal |  | Reimbursed for Interest on Advances | 0. |
| Scheduled Principal | 875,250.12 | Net ASER Amount | 0. |
| Unscheduled Principal | 0.00 | Special Servicing Fee | 2,100. |
| Principal Adjustments | 0.00 | Workout Fee | 1,360. |
| Principal Collections | 875,250.12 | Liquidation Fee | 0. |
|  |  | Special Serv Fee plus Adj. | 740. |
|  |  | Non-Recoverable Advances | 0. |
| Other |  | Other Expenses or Shortfalls | 0. |
| Prepayment Premium/Yield Maintenance | 0.00 | Other Expenses of the Trust | 2,100. |
| Other Collections | 0.00 |  |  |
|  |  | Payments to Certificateholders |  |
| Total Collections | 3,810,705.63 | Interest Distribution | 2,931,696. |
|  |  | Principal Distribution | 875,250. |
|  |  | Prepayment Premium/Yield Maintenance | 0. |
|  |  | Available Distribution Amount | 3,806,946. |
|  |  | Total Distributions | 3,810,705. |
| Interest Accrual Period | Start 1/1/2023 End 1/31/2023 |  |  |

# **CFCRE 2016-C4 Mortgage Trust**
**Commercial Mortgage Pass Through Certificates, Series 2016-C4**

# **MISCELLANEOUS DETAIL**

| Advances |  | Disclosable Special Servicer Fees |  |
| --- | --- | --- | --- |
| P&I Advances |  |  | Special Servicer/Affiliates |
| * Total Current |  | Commission | 0.00 |
| Advance |  | Brokerage Fee | 0.00 |
| Total Not Provided |  | Rebate | 0.00 |
|  |  | Shared Fee | 0.00 |
| Unreimbursed Advances |  | Total | 0.00 |
|  | Current | Outstanding | Total Servicing |
|  | Advance | Advance | Adv. Outstanding |

| Total | (7,330.31) | 375,695.75 | 83,182.86 | Gain on Sale Reserve Account | Beginning Balance | Withdraw/ Deposit | E |
| --- | --- | --- | --- | --- | --- | --- | --- |
| * Current advances are not provided by the Servicer |  |  |  | Total | 0.00 | 0.00 |  |
| Controlling Class: | Class G |  |  | Interest Reserve Account | Beginning Balance | Withdraw/ Deposit | E |
| Controlling Class Representative: | RREF III Debt AIV, LP |  |  | Total | 97,914.32 | 97,793.23 | 19 |

# **CFCRE 2016-C4 Mortgage Trust**
**Commercial Mortgage Pass Through Certificates, Series 2016-C4**

# **INTEREST ADJUSTMENT RECONCILIATION**

| Loan ID | Current Ending Scheduled Balance | Special Servicing Fee Amount plus Adjustments | Liquidation Fee Amount | Workout Fee Amount | Most Recent Net ASER Amount | Prepayment Interest (Excess)/ Shortfall * | Non- Recoverable (Scheduled Interest Not Advanced)** | Reimbursed Interest on Advances | Modified Interest Rate Reduction/ (Excess) | Reimbursement of Advances to Servicer |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  | Current Month | Outstanding |
| 16 | 18,332,814.71 | 0.00 | 0.00 | 1,360.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 45 | 3,429,381.46 | 740.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Count: | 2 |  |  |  |  |  |  |  |  |  |  |
| Totals: | 21,762,196.17 | 740.25 | 0.00 | 1,360.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |

**Total Interest Shortfall hitting the Trust: 2,100.00**

*Total shortfall may not match impact to bonds due to, but not limited to, the net effect of PPIE and Master Servicing fees received as per the governing documents.

**In some cases, the Servicer does not withhold their Servicing Fees on Non-Recoverable loans.

# CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4

# APPRAISAL REDUCTION REPORT

| Loan ID | Property Name | Paid Through Date | ARA (Appraisal Reduction Amount) | ARA Date | Most Recent Value | Most Recent Valuation Date | Most Recent Net ASER Amount | Cumulative ASER Amount |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |

Count:

Totals:

# CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4

# LOAN LEVEL DETAIL

| Loan ID | Property Type | Transfer Date | Stat | Maturity Date | Neg Am | End Schedule Balance | Note Rate | Sched P&I | Prepay Adj | Prepay Date | Paid Thru | Prepay Premium | Loan Status ** | Interest Payment | Yield Main Charges |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | Other |  | XX | 02/06/26 | N | 50,000,000.00 | 4.300 | 185,138.89 | 0.00 |  | 02/06/23 | 0.00 | 0 | 185,138.89 | 0.00 |
| 1A |  |  |  | 02/06/26 | N | 10,000,000.00 | 4.300 | 37,027.78 | 0.00 |  | 02/06/23 | 0.00 | 0 | 37,027.78 | 0.00 |
| 1B |  |  |  | 02/06/26 | N | 10,000,000.00 | 4.300 | 37,027.78 | 0.00 |  | 02/06/23 | 0.00 | 0 | 37,027.78 | 0.00 |
| 2 | Lodging |  | MO | 11/06/24 | N | 48,139,694.31 | 4.545 | 275,055.81 | 0.00 |  | 02/06/23 | 0.00 | 0 | 188,744.53 | 0.00 |
| 3 | Mixed Use |  | NY | 01/06/26 | N | 45,000,000.00 | 4.221 | 163,563.75 | 0.00 |  | 02/06/23 | 0.00 | 0 | 163,563.75 | 0.00 |
| 4 | Retail |  | XX | 12/06/25 | N | 40,000,000.00 | 4.904 | 168,915.56 | 0.00 |  | 02/06/23 | 0.00 | 0 | 168,915.56 | 0.00 |
| 4A |  |  |  | 12/06/25 | N | 5,000,000.00 | 4.904 | 21,114.44 | 0.00 |  | 02/06/23 | 0.00 | 0 | 21,114.44 | 0.00 |
| 5 | Lodging |  | OH | 02/06/26 | N | 28,850,762.74 | 5.319 | 206,337.29 | 0.00 |  | 02/06/23 | 0.00 | 0 | 132,481.98 | 0.00 |
| 6 | Office |  | NY | 01/06/26 | N | 29,373,858.22 | 5.334 | 183,937.65 | 0.00 |  | 02/06/23 | 0.00 | 0 | 135,130.54 | 0.00 |
| 7 | Office |  | XX | 04/06/26 | N | 31,297,314.25 | 5.220 | 176,647.09 | 0.00 |  | 12/06/22 | 0.00 | 1 | 140,842.37 | 0.00 |
| 8 | Mixed Use |  | NC | 05/06/26 |  |  |  |  |  | 05/27/22 |  |  |  |  |  |
| 9 | Multifamily |  | NH | 01/06/26 | N | 27,180,833.67 | 4.929 | 154,422.33 | 0.00 |  | 02/06/23 | 0.00 | 0 | 115,531.85 | 0.00 |
| 10 | Various |  | XX | 03/01/26 | N | 27,744,140.57 | 5.050 | 153,933.73 | 0.00 |  | 02/01/23 | 0.00 | 0 | 120,792.60 | 0.00 |
| 11 | Various |  | CA | 04/06/26 | N | 23,840,587.39 | 5.600 | 152,130.93 | 0.00 |  | 02/06/23 | 0.00 | 0 | 115,142.97 | 0.00 |
| 12 | Multifamily | 08/20/20 | CA | 09/06/25 | N | 8,300,000.00 | 4.938 | 35,292.98 | 0.00 |  | 02/06/23 | 0.00 | 0 | 35,292.98 | 0.00 |
| 12A | Multifamily |  | CA | 07/06/25 | N | 6,200,000.00 | 4.938 | 26,363.43 | 0.00 |  | 02/06/23 | 0.00 | 0 | 26,363.43 | 0.00 |
| 12B | Multifamily |  | CA | 07/06/25 | N | 10,500,000.00 | 4.938 | 44,647.75 | 0.00 |  | 02/06/23 | 0.00 | 0 | 44,647.75 | 0.00 |
| 13 | Retail |  | CA | 11/06/25 | N | 22,318,209.45 | 4.560 | 122,461.58 | 0.00 |  | 02/06/23 | 0.00 | 0 | 87,772.38 | 0.00 |
| 14 | Retail |  | HI | 05/01/46 | N | 22,036,511.26 | 4.850 | 119,326.95 | 0.00 |  | 02/01/23 | 0.00 | 0 | 92,146.56 | 0.00 |
| 15 | Mobile Home |  | XX | 09/06/25 | N | 19,119,563.05 | 4.724 | 114,099.24 | 0.00 |  | 02/06/23 | 0.00 | 0 | 77,915.20 | 0.00 |
| 16 | Lodging | 09/09/20 | UT | 03/06/26 | N | 18,332,814.71 | 5.860 | 136,054.93 | 0.00 |  | 02/06/23 | 0.00 | 0 | 92,728.05 | 0.00 |
| 17 | Office |  | AZ | 01/06/26 | N | 19,700,000.00 | 4.110 | 69,721.58 | 0.00 |  | 02/06/23 | 0.00 | 0 | 69,721.58 | 0.00 |
| 18 | Lodging |  | NV | 05/01/26 | N | 16,032,573.26 | 5.021 | 96,859.04 | 0.00 |  | 02/01/23 | 0.00 | 0 | 69,437.62 | 0.00 |
| 19 | Office |  | WI | 11/06/25 | N | 14,313,273.47 | 4.973 | 100,565.59 | 0.00 |  | 02/06/23 | 0.00 | 0 | 61,455.11 | 0.00 |
| 20 | Office |  | NJ | 05/06/26 | N | 14,854,610.65 | 5.100 | 90,401.14 | 0.00 |  | 02/06/23 | 0.00 | 0 | 65,346.53 | 0.00 |

| 21 | Retail | WI | 05/06/26 | N | 14,627,107.39 | 5.100 | 89,016.62 | 0.00 | 02/06/23 | 0.00 | 0 | 64,345.73 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 22 | Office | MI | 01/06/26 | N | 16,000,000.00 | 4.620 | 63,653.33 | 0.00 | 02/06/23 | 0.00 | 0 | 63,653.33 | 0.00 |
| 23 | Office | IL | 04/06/26 | N | 15,000,000.00 | 4.470 | 57,737.50 | 0.00 | 02/06/23 | 0.00 | 0 | 57,737.50 | 0.00 |
| 24 | Office | TX | 05/06/26 | N | 9,358,668.82 | 4.410 | 112,159.24 | 0.00 | 02/06/23 | 0.00 | 0 | 35,829.41 | 0.00 |
| 25 | Retail | IL | 11/01/25 | N | 10,945,000.00 | 4.671 | 44,023.53 | 0.00 | 02/01/23 | 0.00 | 0 | 44,023.53 | 0.00 |
| 26 | Multifamily | VA | 11/06/25 | N | 9,009,283.05 | 5.230 | 56,088.30 | 0.00 | 02/06/23 | 0.00 | 0 | 40,643.86 | 0.00 |
| 27 | Retail | OH | 01/06/26 | N | 9,521,358.84 | 4.730 | 52,044.25 | 0.00 | 02/06/23 | 0.00 | 0 | 38,834.83 | 0.00 |
| 28 | Industrial | NJ | 03/06/26 | N | 8,676,323.67 | 5.150 | 52,145.50 | 0.00 | 02/06/23 | 0.00 | 0 | 38,537.43 | 0.00 |
| 29 | Industrial | NM | 02/06/26 | N | 8,360,460.04 | 5.346 | 52,327.94 | 0.00 | 02/06/23 | 0.00 | 0 | 38,550.80 | 0.00 |
| 30 | Mixed Use | VI | 04/06/21 |  |  |  |  | 02/05/21 |  |  |  |  |  |
| 31 | Office | XX | 01/06/26 | N | 8,558,544.98 | 4.960 | 47,025.41 | 0.00 | 02/06/23 | 0.00 | 0 | 36,599.03 | 0.00 |
| 32 | Retail | AZ | 03/06/26 | N | 6,790,779.47 | 5.500 | 43,010.02 | 0.00 | 02/06/23 | 0.00 | 0 | 32,213.02 | 0.00 |
| 33 | Mobile Home | TX | 12/06/25 | N | 6,648,654.67 | 5.220 | 41,276.03 | 0.00 | 02/06/23 | 0.00 | 0 | 29,936.67 | 0.00 |
| 34 | Multifamily | TX | 10/06/25 | N | 6,409,885.20 | 5.410 | 44,893.42 | 0.00 | 02/06/23 | 0.00 | 0 | 29,930.87 | 0.00 |
| 35 | Lodging | 04/13/20 CA | 05/01/26 | N | 6,186,872.78 | 4.660 | 36,136.54 | 0.00 | 02/01/23 | 0.00 | 0 | 24,871.75 | 0.00 |
| 36 | Multifamily | FL | 01/06/21 |  |  |  |  | 11/06/20 |  |  |  |  |  |

# **CFCRE 2016-C4 Mortgage Trust**
**Commercial Mortgage Pass Through Certificates, Series 2016-C4**

# **LOAN LEVEL DETAIL**

| Loan ID | Property Type | Transfer Date | Stat | Maturity Date | Neg Am | End Schedule Balance | Note Rate | Sched P&I | Prepay Adj | Prepay Date | Paid Thru | Prepay Premium | Loan Status ** | Interest Payment | Yield Main Charges |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 37 | Multifamily | OK |  | 11/06/25 | N | 6,625,000.00 | 4.846 | 27,642.90 | 0.00 |  | 02/06/23 | 0.00 | 0 | 27,642.90 | 0.00 |
| 38 | Self Storage | GA |  | 05/06/21 |  |  |  |  |  | 02/05/21 |  |  |  |  |  |
| 39 | Office | CA |  | 05/01/26 | N | 5,056,675.21 | 4.832 | 30,016.28 | 0.00 |  | 02/01/23 | 0.00 | 0 | 21,877.46 | 0.00 |
| 40 | Multifamily | WI |  | 02/06/26 |  |  |  |  |  | 06/02/22 |  |  |  |  |  |
| 41 | Multifamily | WI |  | 02/06/26 |  |  |  |  |  | 06/02/22 |  |  |  |  |  |
| 42 | Lodging | TN |  | 05/06/26 | N | 4,312,356.05 | 5.500 | 33,242.96 | 0.00 |  | 02/06/23 | 0.00 | 0 | 20,484.22 | 0.00 |
| 43 | Multifamily | TX |  | 05/06/26 | N | 4,218,964.55 | 5.400 | 26,391.95 | 0.00 |  | 02/06/23 | 0.00 | 0 | 19,649.54 | 0.00 |
| 44 | Office | CA |  | 03/06/26 | N | 4,004,852.02 | 5.150 | 24,571.18 | 0.00 |  | 02/06/23 | 0.00 | 0 | 17,790.48 | 0.00 |
| 45 | Retail | 04/27/21 OH |  | 02/06/26 | N | 3,429,381.46 | 4.965 | 23,884.66 | 0.00 |  | 01/06/23 | 0.00 | B | 14,701.30 | 0.00 |
| 46 | Office | 03/07/19 NV |  | 01/06/26 | N | 3,448,456.02 | 5.300 | 24,690.25 | 0.00 |  | 02/06/23 | 0.00 | 0 | 15,779.04 | 0.00 |
| 47 | Multifamily | OH |  | 01/06/26 | N | 3,493,415.04 | 5.270 | 21,750.31 | 0.00 |  | 02/06/23 | 0.00 | 0 | 15,879.95 | 0.00 |
| 48 | Mixed Use | GA |  | 12/06/25 | N | 3,194,630.73 | 5.267 | 19,917.26 | 0.00 |  | 02/06/23 | 0.00 | 0 | 14,513.67 | 0.00 |
| 49 | Retail | WA |  | 11/06/25 | N | 2,477,145.37 | 5.215 | 15,400.19 | 0.00 |  | 02/06/23 | 0.00 | 0 | 11,142.16 | 0.00 |
| 50 | Retail | IL |  | 12/06/25 | N | 2,264,487.14 | 5.300 | 14,160.27 | 0.00 |  | 02/06/23 | 0.00 | 0 | 10,352.25 | 0.00 |
| Count: | 55 | Totals: |  |  |  | 726,753,049.50 |  | 3,924,253.08 | 0.00 |  |  | 0.00 |  | 3,049,002.96 | 0.00 |

* If State field is blank or 'XX', loan has properties in multiple states.

** Loan Status: A = Payment not received but still in grace period; B = Late Payment but less than 30 days delinquent; 0 = Current; 1 = 30-59 Days Delinquent; 2 = 60-89 Days Delinquent; 3 = 90-120 Days Delinquent; 4 = Performing Matured Balloon; 5 = Non-Performing Matured Balloon; 6 = 121+ Days Delinquent; R = Repurchased.

# **CFCRE 2016-C4 Mortgage Trust**
**Commercial Mortgage Pass Through Certificates, Series 2016-C4**

# **HISTORICAL LOAN MODIFICATION REPORT**

| Loan ID | Ending Scheduled Balance | Ending Unpaid Balance | Comments |
| --- | --- | --- | --- |
| 2 | 48,139,694.31 | 48,139,694.31 | No comment provided |
| 5 | 28,850,762.74 | 28,850,762.76 | No comment provided |

| 12 | 8,300,000.00 | 8,300,000.00 | No comment provided |
| --- | --- | --- | --- |
| 46 | 3,448,456.02 | 3,448,456.02 | No comment provided |

# **CFCRE 2016-C4 Mortgage Trust**
**Commercial Mortgage Pass Through Certificates, Series 2016-C4**

# **REO STATUS REPORT**

| Loan ID | State | City | Property Type | Book Value | Ending Scheduled Loan | REO Date | Total Exposure | Appraisal Value | Appraisal Date | Date Asset Expected to be Resolved or Foreclosed | REO |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 45 | OH | Westlake | Retail | 4,100,000.00 | 3,429,381.46 | 09/13/2022 | 3,514,716.38 | 3,700,000.00 | 07/12/2022 | 03/31/2024 | 2 |
| Count: | 1 | Totals: |  | 4,100,000.00 | 3,429,381.46 |  | 3,514,716.38 | 3,700,000.00 |  |  | 2 |

(*) Legend: (1) Partial Liqn (Curtailment), (2) Payoff Prior To Maturity, (3) Disposition / Liquidation, (4) Repurchase/ Substitution, (5) Full Payoff At Maturity, (6) DPO, (7) Liquidated, (8) Payoff w/ penalty, (9) Payoff w/ yield Maintenance, (10) Curtailment w/ Penalty, (11) Curtailment w/ Yield Maintenance

# CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
ADDITIONAL RECONCILIATION DETAIL

# REO Property with Final Recovery Determination

| Loan ID | Liq Proceeds and other Amts Rec'd | Liq Proceeds and other Amt Allocated to Certs | Loss on Mortgage Loans |
| --- | --- | --- | --- |

# CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
DEFEASED LOAN DETAIL

| Loan ID | Current Ending Scheduled Balance | Maturity Date | Current Note Rate | Defeasance Status * |
| --- | --- | --- | --- | --- |
| 12 | 8,300,000.00 | 09/06/2025 | 4.94 | P |
| 12A | 6,200,000.00 | 07/06/2025 | 4.94 | F |
| 12B | 10,500,000.00 | 07/06/2025 | 4.94 | F |
| 31 | 8,558,544.98 | 01/06/2026 | 4.96 | F |
| 33 | 6,648,654.67 | 12/06/2025 | 5.22 | F |
| 34 | 6,409,885.20 | 10/06/2025 | 5.41 | F |
| 43 | 4,218,964.55 | 05/06/2026 | 5.40 | F |
| 46 | 3,448,456.02 | 01/06/2026 | 5.30 | F |
| 47 | 3,493,415.04 | 01/06/2026 | 5.27 | F |

Count: 9 Totals: 57,777,920.46

* Defeasance Status: P = Portion of Loan Previously Defeased. F = Full Defeasance.

# CFCRE 2016-C4 Mortgage Trust
Commercial Mortgage Pass Through Certificates, Series 2016-C4
MATERIAL BREACHES AND DOCUMENT DEFECTS

| Loan ID | Ending Principal Balance | Material Breach Date | Date Received Notice | Description |
| --- | --- | --- | --- | --- |

| Count: | Totals: |
| --- | --- |

CFCRE 2016-C4 Mortgage Trust

# Commercial Mortgage Pass Through Certificates, Series 2016-C4

# HISTORICAL DELINQUENCY & LIQUIDATION SUMMARY (STATED BALANCE)

| Month | 30 Days Delinq |  | 60 Days Delinq |  | 90+ Days Delinq |  | Bankruptcy |  | Foreclosure |  | REO |  | Prepay |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  | Count | Balance | % (2) | Count | Balance | % (2) | Count | Balance | % (2) | Count | Balance | % (2) | Count | Balance |
| Feb 2023 | 1 | 31,297,314.25 | 4.3% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 1 | 3,429,381.46 |
| Jan 2023 | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 1 | 3,438,564.82 |
| Dec 2022 | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 1 | 3,447,709.09 |
| Nov 2022 | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 1 | 3,457,289.22 |
| Oct 2022 | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 1 | 3,466,353.77 |
| Sep 2022 | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 1 | 3,475,857.07 | 0.5% | 0 | 0.00 | 0.0% | 0 | 0.00 |
| Aug 2022 | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 1 | 3,484,842.58 | 0.5% | 0 | 0.00 | 0.0% | 0 | 0.00 |
| Jul 2022 | 0 | 0.00 | 0.0% | 1 | 3,493,789.83 | 0.5% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 |
| Jun 2022 | 1 | 3,503,180.08 | 0.5% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 |
| May 2022 | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 |
| Apr 2022 | 1 | 25,000,000.00 | 3.3% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 |
| Mar 2022 | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 |
| Feb 2022 | 0 | 0.00 | 0.0% | 1 | 18,859,514.81 | 2.5% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 |
| Jan 2022 | 1 | 18,900,197.24 | 2.5% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 0 | 0.00 |
| Dec 2021 | 0 | 0.00 | 0.0% | 0 | 0.00 | 0.0% | 1 | 18,940,675.42 | 2.5% | 0 | 0.00 | 0.0% | 0 | 0.00 |

(1) Exclusive of loans in Bankruptcy, Foreclosure and REO

(2) Percentage in relation to Ending Scheduled Balance

# CFCRE 2016-C4 Mortgage Trust  
Commercial Mortgage Pass Through Certificates, Series 2016-C4

# Delinquency Summary Report

| All Groups | Current | 30 - 59 days | 60 - 89 days | 90 - 120 days | 121 + days | TOTAL |
| --- | --- | --- | --- | --- | --- | --- |
| Delinquent |  |  |  |  |  |  |
| Lean Count | 47 | 1 | 0 | 0 | 0 | 48 |
| Sched Bal | 602,026,353.79 | 31,297,314.25 | 0.00 | 0.00 | 0.00 | 723,323,668.04 |
| Percentage* | 95.22% | 4.31% | 0.00% | 0.00% | 0.00% | 99.53% |
| Actual Bal | 602,026,353.94 | 31,368,763.47 | 0.00 | 0.00 | 0.00 | 723,395,317.41 |
| Bankruptcy |  |  |  |  |  |  |
| Lean Count | 0 | 0 | 0 | 0 | 0 | 0 |
| Sched Bal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Percentage* | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Actual Bal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreclosure |  |  |  |  |  |  |
| Lean Count | 0 | 0 | 0 | 0 | 0 | 0 |
| Sched Bal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Percentage* | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Actual Bal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| REO |  |  |  |  |  |  |
| Lean Count | 1 | 0 | 0 | 0 | 0 | 1 |
| Sched Bal | 3,429,381.46 | 0.00 | 0.00 | 0.00 | 0.00 | 3,429,381.46 |
| Percentage* | 0.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.47% |
| Actual Bal | 3,438,564.82 | 0.00 | 0.00 | 0.00 | 0.00 | 3,438,564.82 |
| TOTAL |  |  |  |  |  |  |
| Lean Count | 48 | 1 | 0 | 0 | 0 | 49 |
| Sched Bal | 695,455,735.25 | 31,297,314.25 | 0.00 | 0.00 | 0.00 | 726,753,049.50 |
| Percentage* | 95.69% | 4.31% | 0.00% | 0.00% | 0.00% | 100.00% |
| Actual Bal | 695,464,918.76 | 31,368,763.47 | 0.00 | 0.00 | 0.00 | 726,833,682.23 |

| Group 1 | Current | 30 - 59 days | 60 - 89 days | 90 - 120 days | 121 + days | TOTAL |
| --- | --- | --- | --- | --- | --- | --- |
| Delinquent |  |  |  |  |  |  |
| Lean Count | 46 | 1 | 0 | 0 | 0 | 47 |
| Sched Bal | 643,886,659.48 | 31,297,314.25 | 0.00 | 0.00 | 0.00 | 675,183,873.73 |
| Percentage* | 94.08% | 4.31% | 0.00% | 0.00% | 0.00% | 99.49% |
| Actual Bal | 643,886,659.63 | 31,368,763.47 | 0.00 | 0.00 | 0.00 | 675,255,423.10 |
| Bankruptcy |  |  |  |  |  |  |
| Lean Count | 0 | 0 | 0 | 0 | 0 | 0 |
| Sched Bal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Percentage* | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Actual Bal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreclosure |  |  |  |  |  |  |
| Lean Count | 0 | 0 | 0 | 0 | 0 | 0 |
| Sched Bal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Percentage* | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |

| REO | Actual Bal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| --- | --- | --- | --- | --- | --- | --- | --- |
|  | Loan Count | 1 | 0 | 0 | 0 | 0 | 1 |
|  | Sched Bal | 3,429,381.46 | 0.00 | 0.00 | 0.00 | 0.00 | 3,429,381.46 |
|  | Percentage* | 0.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.51% |
| TOTAL | Actual Bal | 3,438,564.82 | 0.00 | 0.00 | 0.00 | 0.00 | 3,438,564.82 |
|  | Loan Count | 47 | 1 | 0 | 0 | 0 | 48 |
|  | Sched Bal | 647,316,840.94 | 31,297,314.25 | 0.00 | 0.00 | 0.00 | 678,613,355.19 |
|  | Percentage* | 95.39% | 4.61% | 0.00% | 0.00% | 0.00% | 100.00% |
|  | Actual Bal | 647,325,224.45 | 31,368,763.47 | 0.00 | 0.00 | 0.00 | 678,693,987.92 |

# **CFCRE 2016-C4 Mortgage Trust**
**Commercial Mortgage Pass Through Certificates, Series 2016-C4**

# **Delinquency Summary Report**

| Group 2 |  | Current | 30 - 59 days | 60 - 89 days | 90 - 120 days | 121 + days | TOTAL |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Delinquent | Loan Count | 1 | 0 | 0 | 0 | 0 | 1 |
|  | Sched Bal | 48,139,694.31 | 0.00 | 0.00 | 0.00 | 0.00 | 48,139,694.31 |
|  | Percentage* | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% | 100.00% |
|  | Actual Bal | 48,139,694.31 | 0.00 | 0.00 | 0.00 | 0.00 | 48,139,694.31 |
| Bankruptcy | Loan Count | 0 | 0 | 0 | 0 | 0 | 0 |
|  | Sched Bal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|  | Percentage* | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
|  | Actual Bal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Foreclosure | Loan Count | 0 | 0 | 0 | 0 | 0 | 0 |
|  | Sched Bal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|  | Percentage* | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
|  | Actual Bal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| REO | Loan Count | 0 | 0 | 0 | 0 | 0 | 0 |
|  | Sched Bal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|  | Percentage* | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
|  | Actual Bal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| TOTAL | Loan Count | 1 | 0 | 0 | 0 | 0 | 1 |
|  | Sched Bal | 48,139,694.31 | 0.00 | 0.00 | 0.00 | 0.00 | 48,139,694.31 |
|  | Percentage* | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% | 100.00% |
|  | Actual Bal | 48,139,694.31 | 0.00 | 0.00 | 0.00 | 0.00 | 48,139,694.31 |

* Percentages are based on scheduled balance as a percent of total pool scheduled balance.

# **CFCRE 2016-C4 Mortgage Trust**
**Commercial Mortgage Pass Through Certificates, Series 2016-C4**
**HISTORICAL LIQUIDATION LOSS LOAN DETAIL**

| Loan ID | Liquidation Month | Liquidation / Prepayment Code * | Current Beginning Scheduled Balance | Most Recent Value ** | Net Proceeds Received on Liquidation | Liquidation Expense | Net Proceeds Available for Distribution | Rea |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 30 | Feb 2021 | 3 | 8,689,272.25 | 12,900,000.00 | 8,928,954.39 | 239,682.14 | 8,689,272.25 |  |
| Count: 1 | Totals: |  | 8,689,272.25 | 12,900,000.00 | 8,928,954.39 | 239,682.14 | 8,689,272.25 |  |

Payoff at the Port of New York City and the National Bank of New York City, 2016; 4 - Repurchase/ Substitution; 5 - Full Payoff At Maturity; 6 - DPO; 7 - Liquidated; 8 -

** Reported as of liquidation period. If not provided by the servicer, Most Recent Value is as of cutoff.

# **CFCRE 2016-C4 Mortgage Trust**
**Commercial Mortgage Pass Through Certificates, Series 2016-C4**

# **BOND/COLLATERAL REALIZED LOSS RECONCILIATION**

| Loan ID | Period | Beginning Balance of the Loan at Liquidation | Aggregate Realized Loss on Loans | Prior Realized Loss Applied to Certificates A | Amounts Covered by Overcollateralization and other Credit Support B | Interest (Shortages) / Excesses applied to Realized Loss C | Modification Adjustments / Appraisal Reduction Adjustment D | Additional (Recoveries) / Expenses applied to Realized Loss E | Current Realized Loss Applied to Certificates* | Recoveries of Realized Losses paid as Case |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 30 | Feb 2021 | 8,689,272.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Loan Count: | 1 | Totals: | 0.00 |  | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |

Description of Fields

*In the Initial Period the Current Realized Loss Applied to Certificates will equal Aggregate Realized Loss on Loans - B - C - D + E instead of A - C - D + E

- A Prior Realized Loss Applied to Certificates
- B Reduction to Realized Loss applied to bonds (could represent OC, insurance policies, reserve accounts, etc)
- C Amounts classified by the Master as interest adjustments from general collections on a loan with a Realized Loss
- D Adjustments that are based on principal bailout or future interest foregone due to modification
- E Realized Loss Adjustments, Supplemental Recoveries or Expenses on a previously liquidated loan