JPMCC 2016-JP2 – Deal Overview & Connected Data
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated June 26, 2025.2025-06-26
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Quick Answer
What is JPMCC 2016-JP2? A US commercial mortgage-backed security.
Identifiers: Series jpmcc2016-jp2; CIK 1678038.
Unique value: Dealcharts provides computed pool metrics, time-series performance analysis, and cross-deal comparisons not available in raw SEC EDGAR filings.
Sources: SEC EDGAR CIK 1678038.
Who's Involved#
Rating AgenciesMoodys, Fitch, Morningstar
TrusteeWilmington Trust, National Association
DepositorJ.P. Morgan Chase Commercial Mortgage Securities Corp.
Special ServicerLNR Partners
Certificate AdministratorComputershare Trust Company, N.A.
Master ServicerWells Fargo Bank, National Association
Certificate AdministratorWells Fargo Bank, N.A.
Master ServicerTrimont Real Estate Advisors
Operating AdvisorPentalpha Surveillance
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal metrics are coming soon. Check back later for detailed performance data.
Fund Exposure#
Source: NPORT-P & related disclosures • 2025-10-2718 of 18 funds* Use toggle buttons to sort
* This table is not yet exhaustive. It is a new feature and contains only the funds we have found so far based on the tranche identifiers we know about. We are still working on it!
* The FIGI Search url provided for each fund will link you to the OpenFIGI search page to lookup FIGI identifiers.
* Reporting Period represents the reporting period end date from the NPORT-P filing.
* For full disclosures, please visit our disclosures page.
* The FIGI Search url provided for each fund will link you to the OpenFIGI search page to lookup FIGI identifiers.
* Reporting Period represents the reporting period end date from the NPORT-P filing.
* For full disclosures, please visit our disclosures page.
Provenance & Documents
Issuance → amendments → reports. Tap to view on SEC.Context & Commentary#
Entity Statements
💬 Servicer Commentary
2025-10-30
Kenneth Grant
Prospectus ID: 12
The loan transferred to the Special Servicer on 3/15/24 for delinquent payments. The collateral includes a 182K SF office building in Denver, CO. The property has seen occupancy decline since COVID, which has impacted cash flow. Borrower has funded shortfalls until the default. A receiver has been appointed. Borrower filed Ch 11 on 9/24/25.
💬 Servicer Commentary
2025-10-30
Prospectus ID: 5A
10/03/25: Loan transferred to special servicing on 05/08/25 for imminent monetary default. Loan was split into six (6) separate notes with the A-1 and A-4 assigned to JPM 2016-C2 (lead securitization) and the A-2, A-3, A-5 and A-6 being contributed to JPM 2016-JP2. Loan is secured by a 28-story, 662,708 sf office building and 8-level parking garage in the central business district of Baltimore, MD. The largest tenant, T Rowe Price (446,901 sf, 67.44% nrsf) vacated in April 2025. Borrower advised that it would not fund the shortfall and wished to have a receiver appointed and complete a friendly foreclosure. Legal counsel has been engaged to proceed with receivership.
💬 Servicer Commentary
2025-10-30
Maryam Arjmand
Prospectus ID: 30
The loan transferred SS due to a Payment Default; currently due for the 7/1/2024 debt service payment. The loan is secured by a 101K sf, 5-story plus basement, creative office building located in the Philadelphia CBD. The property was constructed in 1908 / 1991. The subject was a former industrial building that had been converted to an office complex at the northeast corner of Willow and North 8th Street in the Callowhill section of Philadelphia. Occupancy at the property was 30% as of 3Q25. Loa n is currently being cash managed due to a DSCR trigger. Per Borrower rep, Borrower is attempting to refinance; however, has requested Lender a reduction in payoff amount. Borrower was provided a reduction of the amount owed but Borrower has been unable to pay off. Special Servicer will continue to discuss possible alternatives to foreclosure with the Borrower while simultaneously pursuing foreclosure. Receiver has been implemented.
💬 Servicer Commentary
2025-10-30
Dennis Troesh
Prospectus ID: 5
10/03/25: Loan transferred to special servicing on 05/08/25 for imminent monetary default. Loan was split into six (6) separate notes with the A-1 and A-4 assigned to JPM 2016-C2 (lead securitization) and the A-2, A-3, A-5 and A-6 being contributed to JPM 2016-JP2. Loan is secured by a 28-story, 662,708 sf office building and 8-level parking garage in the central business district of Baltimore, MD. The largest tenant, T Rowe Price (446,901 sf, 67.44% nrsf) vacated in April 2025. Borrower advised that it would not fund the shortfall and wished to have a receiver appointed and complete a friendly foreclosure. Legal counsel has been engaged to proceed with receivership.
💬 Servicer Commentary
2025-10-30
Prospectus ID: 5B
10/03/25: Loan transferred to special servicing on 05/08/25 for imminent monetary default. Loan was split into six (6) separate notes with the A-1 and A-4 assigned to JPM 2016-C2 (lead securitization) and the A-2, A-3, A-5 and A-6 being contributed to JPM 2016-JP2. Loan is secured by a 28-story, 662,708 sf office building and 8-level parking garage in the central business district of Baltimore, MD. The largest tenant, T Rowe Price (446,901 sf, 67.44% nrsf) vacated in April 2025. Borrower advised that it would not fund the shortfall and wished to have a receiver appointed and complete a friendly foreclosure. Legal counsel has been engaged to proceed with receivership.
💬 Servicer Commentary
2025-10-30
Prospectus ID: 5C
10/03/25: Loan transferred to special servicing on 05/08/25 for imminent monetary default. Loan was split into six (6) separate notes with the A-1 and A-4 assigned to JPM 2016-C2 (lead securitization) and the A-2, A-3, A-5 and A-6 being contributed to JPM 2016-JP2. Loan is secured by a 28-story, 662,708 sf office building and 8-level parking garage in the central business district of Baltimore, MD. The largest tenant, T Rowe Price (446,901 sf, 67.44% nrsf) vacated in April 2025. Borrower advised that it would not fund the shortfall and wished to have a receiver appointed and complete a friendly foreclosure. Legal counsel has been engaged to proceed with receivership.
💬 Servicer Commentary
2025-10-30
HRO Funding LLC
Prospectus ID: 4
The Borrower was unable to continue making monthly loan payments, due to insufficient Cash Flow. Notice of Default was issued 9/18/2024. Marriott flag was terminated on 12/16/2024. Receiver was appointed on 12/16/24. New Wyndham Franchise Agreement was executed and reservation system was turned on 12/23/2024. Lender has engaged Legal Counsel to commence enforcement of remedies.
💬 Servicer Commentary
2025-10-08
Prospectus ID: 9A
The loan transferred to the Special Servicer on 3/15/24 for delinquent payments. The collateral includes a 182K SF office building in Denver, CO. The property has seen occupancy decline since COVID, which has impacted cash flow. Borrower hortfalls until the default. As of YE24 NOI was $597K and occupancy was 55%. Lender has engaged counsel and will dual track foreclosure with workout discussions. A receiver has been appointed. The loan transferred SS due to a Payment Default; currently due for the 7/1/2024 debt service payment. The loan is secured by a 101K sf, 5-story plus basement, creative office building located in the Philadelphia CBD. The property was 1908 / 1991. The subject was a former industrial building that had been converted to an office complex at the northeast corner of Willow and North 8th Street in the Callowhill section of Philadelphia. Occupancy at the property was 30% as of 1Q25. Loa n is currently being cash managed due to a DSCR trigger. Per Borrower rep, Borrower is attempting to refinance; however, has requested Lender a reduction in payoff amount. Special Servicer will continue to e with the Borrower while simultaneously pursuing foreclosure. Lender has requested court to implement a Receiver.
💬 Servicer Commentary
2025-07-29
Simon Property Group L.P.
Prospectus ID: 9
The loan transferred to the Special Servicer on 9/20/23 for delinquent payments. The collateral is an outlet mall located in Hagerstown, MD (70-miles northwest of Washington, D.C.). Performance of the property declined during COVID and never recovere d to result in DSCR above 1.0x. NOI was $3.18M and occupancy was 50% as of 3/31/24. Lender has engaged counsel and will dual track workout discussions with foreclosure/receivership. Parties are working towards closing an
External Analysis
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Datasets & API#
Machine-readable spec (ODPS): /odps/cmbs-deals.yamlGET https://api.dealcharts.org/deals/jpmcc2016-jp2
{
"deal_id": "jpmcc2016-jp2",
"issuer": "",
"shelf": "",
"issue_date": "",
"linked_entities": [
{
"role": "Rating Agencies",
"name": "Moodys, Fitch, Morningstar"
},
{
"role": "Trustee",
"name": "Wilmington Trust, National Association"
},
{
"role": "Depositor",
"name": "J.P. Morgan Chase Commercial Mortgage Securities Corp."
},
{
"role": "Special Servicer",
"name": "LNR Partners"
},
{
"role": "Certificate Administrator",
"name": "Computershare Trust Company, N.A."
},
{
"role": "Master Servicer",
"name": "Wells Fargo Bank, National Association"
},
{
"role": "Certificate Administrator",
"name": "Wells Fargo Bank, N.A."
},
{
"role": "Master Servicer",
"name": "Trimont Real Estate Advisors"
},
{
"role": "Operating Advisor",
"name": "Pentalpha Surveillance"
}
]
}Access the underlying datasets used to power these analytics.
CMBS Fund Holdings Dataset
Filing data from sec.gov NPORT-P to produce the Fund Holdings table.
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