8-K 1 mdc01ppm.txt MAY 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 Date of Report : May 15, 2001 (Date of earliest event reported) Commission File No.: 333-77215-01 Morgan Stanley Dean Witter Capital I, Inc. Commercial Mortgage Pass-Through Certificates Series 2001-PPM (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 52-2289258 52-2289259 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank Minnesota, N.A. 11000 Broken Land Parkway Columbia, Maryland 21044 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events On May 15, 2001 a distribution was made to holders of Morgan Stanley Dean Witter Capital I, Inc. Commercial Mortgage Pass-Through Certificates, Series 2001-PPM. ITEM 7. Financial Statements and Exhibits (c) Exhibits Item 601(a) of Regulation S-K Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2001-PPM relating to the May 15, 2001 distribution. 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 hereunto duly authorized. Morgan Stanley Dean Witter Capital I, Inc. Commercial Mortgage Pass-Through Certificates Series 2001-PPM By: Wells Fargo Bank Minnesota, N.A., as Trustee By: /s/ Sherri Sharps, Vice President By: Sherri Sharps, Vice President Date: May 15, 2001 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates Series 2001-PPM, relating to the May 15, 2001 distribution. Wells Fargo Bank MN, N.A. Morgan Stanley Corporate Trust Services Dean Witter Capital I, Inc. 11000 Broken Land Parkway Commercial Mortgage Pass-Through Certificates Columbia, MD 21044 Series 2001-PPM For Additional Information, please contact CTSLink Customer Service 301/815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: 05/15/2001 Record Date: 04/30/2001 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Ratings Detail 6 Current Mortgage Loan and Property Stratification Tables 7 - 9 Mortgage Loan Detail 10 - 12 Principal Prepayment Detail 13 Historical Detail 14 Delinquency Loan Detail 15 Specially Serviced Loan Detail 16 - 17 Modified Loan Detail 18 Liquidated Loan Detail 19 This report has been compiled from information provided to Wells Fargo Bank MN, N.A. by various third parties, which may include the Master Servicer, Special Servicer and others. Wells Fargo Bank MN, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank MN, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Depositor Morgan Stanley Dean Witter Capital I, Inc. 1585 Broadway New York, NY 10036 Contact: General Information Number Phone Number : (212) 761-4700 Master Servicer CapMark Services, L.P. 245 Peachtree Center Avenue N.E. Suite 1800 Atlanta, GA 30303 Contact: Kevin Lawley Phone Number: (404) 654-2860 Special Servicer PPM Finance, Inc. 225 West Wacker Drive Suite 1200 Chicago, IL 60606 Contact: General Information Number Phone Number: (312) 634-2500 Copyright 1997, Wells Fargo Bank Minnesota, N.A.

NR - Designates that the class was not rated by the above agency at the time of original issuance. X - Designates that the above rating agency did not rate any classes in this transaction at the time of original issuance. N/A - Data not available this period. 1) For any class not rated at the time of original issuance by any particular rating agency, no request has been made subsequent to issuance to obtain rating information, if any, from such rating agency. The current ratings were obtained directly from the applicable rating agency within 30 days of the payment date listed above. The ratings may have changed since they were obtained. Because the ratings may have changed, you may want to obtain current ratings directly from the rating agencies. Fitch, Inc. One State Street Plaza New York, New York 10004 (212) 908-0500 Moody's Investors Service 99 Church Street New York, New York 10007 (212) 553-0300 Standard & Poor's Rating Services 55 Water Street New York, New York 10041 (212) 438-2430

Loan Anticipated Neg Beginning Ending Paid Number Repayment Maturity Amort Scheduled Scheduled Thru Date Date (Y/N) Balance Balance Date 400034926 N/A 12/01/2007 N 30,739,208.87 30,667,173.87 05/01/2001 400034927 N/A 05/01/2010 N 12,078,537.25 12,065,911.05 05/01/2001 400034928 N/A 05/01/2010 N 11,286,502.16 11,274,703.91 05/01/2001 400034929 N/A 05/01/2010 N 6,930,308.12 6,923,063.58 05/01/2001 400034930 N/A 10/01/2013 N 29,010,416.09 28,899,444.76 05/01/2001 400034931 N/A 01/01/2007 N 21,614,495.18 21,558,804.18 05/01/2001 400034932 N/A 03/01/2007 N 21,409,676.98 21,377,390.12 05/01/2001 400034933 N/A 12/01/2014 N 13,973,318.88 13,928,216.21 05/01/2001 400034934 N/A 02/01/2016 N 4,258,596.33 4,244,465.11 05/01/2001 400034935 N/A 12/01/2014 N 2,596,966.09 2,588,583.67 05/01/2001 400034936 N/A 01/01/2005 N 20,594,776.01 20,576,123.88 05/01/2001 400034937 N/A 12/20/2005 N 7,738,269.16 7,727,382.45 05/01/2001 400034938 N/A 12/20/2005 N 5,687,196.16 5,679,195.76 05/01/2001 400034939 N/A 12/20/2005 N 5,547,327.40 5,539,523.34 05/01/2001 400034940 N/A 08/01/2006 N 17,745,218.65 17,696,646.46 05/01/2001 400034941 N/A 11/01/2009 N 17,681,943.44 17,660,612.57 05/01/2001 400034942 N/A 04/01/2017 N 15,981,668.28 15,941,870.78 05/01/2001 400034943 N/A 12/01/2011 N 14,843,204.51 14,819,620.17 05/01/2001 400034944 N/A 09/01/2006 N 14,766,122.44 14,743,389.83 05/01/2001 400034945 N/A 01/01/2004 N 7,534,275.65 7,523,477.86 05/01/2001 400034946 N/A 01/01/2004 N 5,721,340.54 5,713,140.97 05/01/2001 400034947 N/A 09/30/2005 N 11,675,480.43 11,665,152.53 05/01/2001 400034948 N/A 11/17/2002 N 11,444,540.16 11,424,265.00 05/01/2001 400034949 N/A 06/01/2006 N 10,810,431.16 10,780,460.03 05/01/2001 400034950 N/A 03/01/2010 N 10,633,671.04 10,621,865.19 05/01/2001 400034951 N/A 12/01/2009 N 5,766,282.77 5,754,815.87 05/01/2001 400034952 N/A 12/01/2009 N 2,548,231.44 2,543,163.99 05/01/2001 400034953 N/A 12/01/2009 N 2,257,004.50 2,252,516.19 05/01/2001 400034954 N/A 07/01/2007 N 9,663,435.30 9,639,354.11 05/01/2001 400034955 N/A 01/01/2012 N 9,305,172.20 9,259,907.04 05/01/2001 400034956 N/A 08/01/2025 N 9,120,779.91 9,110,578.02 05/01/2001 400034957 N/A 09/01/2007 N 8,817,690.76 8,804,743.78 05/01/2001 400034958 N/A 06/01/2015 N 8,250,702.73 8,224,828.86 05/01/2001 400034959 N/A 09/01/2007 N 7,954,899.08 7,943,576.92 05/01/2001 400034960 N/A 10/01/2011 N 7,910,667.66 7,898,623.80 05/01/2001 400034961 N/A 08/01/2007 N 6,909,568.14 6,899,298.56 05/01/2001 400034962 N/A 08/01/2007 N 977,958.89 976,417.16 05/01/2001 400034963 N/A 09/01/2007 N 7,606,809.53 7,596,186.90 05/01/2001 400034964 N/A 05/01/2007 N 7,545,334.49 7,534,008.65 05/01/2001 400034965 N/A 09/01/2002 N 7,221,930.08 7,211,555.06 05/01/2001 400034966 N/A 09/01/2019 N 6,926,160.13 6,911,075.50 05/01/2001 400034967 N/A 04/01/2020 N 6,748,630.01 6,736,185.36 05/01/2001 400034968 N/A 10/01/2016 N 6,446,286.85 6,429,448.45 05/01/2001 400034969 N/A 02/01/2007 N 6,117,742.01 6,108,656.41 05/01/2001 400034970 N/A 09/01/2007 N 6,028,711.99 6,018,389.15 05/01/2001 400034971 N/A 09/01/2006 N 6,428,701.19 6,412,279.72 05/01/2001 400034972 N/A 07/01/2020 N 5,966,835.92 5,956,128.84 05/01/2001 400034973 N/A 01/01/2007 N 5,921,349.88 5,905,612.22 05/01/2001 400034974 N/A 09/01/2020 N 5,829,332.29 5,818,962.49 05/01/2001 400034975 N/A 12/01/2006 N 5,636,557.62 5,628,176.14 05/01/2001 400034976 N/A 01/01/2007 N 5,611,767.87 5,603,900.44 05/01/2001 400034977 N/A 04/30/2007 N 5,522,142.74 5,515,334.62 05/01/2001 400034978 N/A 12/01/2003 N 5,108,993.81 5,096,271.29 05/01/2001 400034979 N/A 11/01/2017 N 5,070,702.11 5,058,660.77 05/01/2001 400034980 N/A 11/01/2015 N 4,790,937.27 4,777,096.18 05/01/2001 400034981 N/A 10/01/2012 N 4,734,718.85 4,713,753.52 05/01/2001 400034982 N/A 01/01/2007 N 4,764,995.57 4,752,543.54 05/01/2001 400034983 N/A 07/01/2014 N 4,708,523.52 4,691,933.96 04/01/2001 400034984 N/A 08/01/2012 N 4,738,301.93 4,731,400.12 05/01/2001 400034985 N/A 08/01/2010 N 4,647,894.26 4,641,178.69 05/01/2001 400034986 N/A 09/01/2017 N 4,580,239.53 4,568,973.56 05/01/2001 400034987 N/A 12/01/2010 N 4,388,358.69 4,363,127.51 05/01/2001 400034988 N/A 09/01/2020 N 4,250,900.83 4,243,686.76 05/01/2001 400034989 N/A 08/01/2017 N 2,828,758.56 2,821,750.61 05/01/2001 400034990 N/A 08/01/2017 N 1,306,986.79 1,303,748.86 05/01/2001 400034991 N/A 07/01/2003 N 4,073,575.23 4,067,146.76 05/01/2001 400034992 N/A 09/01/2011 N 3,609,858.68 3,594,920.15 05/01/2001 400034993 N/A 09/01/2006 N 3,590,552.54 3,584,873.86 05/01/2001 400034994 N/A 06/01/2007 N 3,532,636.39 3,527,264.19 05/01/2001 400034995 N/A 04/01/2020 N 3,334,753.39 3,329,053.53 05/01/2001 400034996 N/A 05/01/2016 N 3,290,726.32 3,281,289.81 05/01/2001 400034997 N/A 01/01/2017 N 3,251,319.70 3,243,138.23 05/01/2001 400034998 N/A 02/01/2010 N 3,150,000.00 3,150,000.00 05/01/2001 400034999 N/A 02/01/2010 N 100,050.30 96,299.21 05/01/2001 400035000 N/A 11/01/2016 N 3,130,946.01 3,122,624.10 05/01/2001 400035001 N/A 01/01/2010 N 3,066,424.21 3,060,548.84 05/01/2001 400035002 N/A 03/01/2007 N 2,981,905.36 2,974,250.32 05/01/2001 400035003 N/A 12/01/2006 N 2,823,825.34 2,791,111.77 05/01/2001 400035004 N/A 11/01/2006 N 2,904,049.05 2,899,613.74 05/01/2001 400035005 N/A 04/01/2007 N 2,752,987.40 2,748,210.48 05/01/2001 400035006 N/A 10/01/2016 N 2,602,277.15 2,595,598.83 05/01/2001 400035007 N/A 03/01/2018 N 2,577,185.84 2,571,138.99 05/01/2001 400035008 N/A 04/01/2012 N 1,973,022.87 1,963,780.78 05/01/2001 400035009 N/A 06/01/2012 N 1,903,476.26 1,894,689.62 05/01/2001 400035010 N/A 11/01/2010 N 1,722,281.53 1,712,255.75 05/01/2001 Totals 619,636,342.25 618,306,141.86 Appraisal Appraisal Res Mod Reduction Reduction Strat. Code Date Amount (2) (3) Totals 0.00 (1) Property Type Code MF- Multi-Family RT- Retail HC- Health Care IN- Industrial WH- Warehouse MH- Mobile Home Park OF- Office MU- Mixed Use LO- Lodging SS- Self Storage OT- Other (2) Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Server 10- Deed In Lieu of Foreclosure 11- Full Payoff 12- Reps and Warranties 13- Other or TBD (3) Modification Code 1- Maturity Date Extension 2- Amortization Change 3- Principal Write-Off 4- Combination

Principal Prepayment Detail No Principal Prepayments this Period

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances Balance Advances ~~Totals by Delinquency Code: Total for Status Code = B (1 Loan) 0.00 0.00 4,708,523.52 0.00~~

(1) Status of Mortgage Loan A- Payment Not Received But Still in Grace Period B- Late Payment But Less Than 1 Month Delinquent 0- Current 1- One Month Delinquent 2- Two Months Delinquent 3- Three Or More Months Delinquent 4- Assumed Scheduled Payment (Performing Matured Balloon) 7- Foreclosure 9- REO (2) Resolution Strategy Code 1- Modification 2- Foreclosure 3- Bankruptcy 4- Extension 5- Note Sale 6- DPO 7- REO 8- Resolved 9- Pending Return to Master Server 10- Deed In Lieu Of Foreclosure 11- Full Payoff 12- Reps and Warranties 13- Other or TBD Specially Serviced Loan Detail - Part 1 No Specially Serviced Loans this Period Specially Serviced Loan Detail - Part 2 No Specially Serviced Loans this Period Modified Loan Detail No Modified Loans Liquidated Loan Detail No Liquidated Loans this Period

MORGAN STANLEY DEAN WITTER CAPITAL I TRUST 2001-PPM 8-K