8-K 1 gec0201.txt JULY 8K 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 : July 10, 2002 (Date of earliest event reported) Commission File No.: 333-81262-01 GE Capital Commercial Mortgage Corporation Commercial Mortgage Pass-Through Certificates Series 2002-1 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 52-2365596 52-2365597 52-7281895 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 21045 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number ITEM 5. Other Events On July 10, 2002, a distribution was made to holders of GE Capital Commercial Mortgage Corporation, Commercial Mortgage Pass-Through Certificates Series 2002-1 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 GE Capital Commercial Mortgage Corporation, Commercial Mortgage Pass-Through Certificates Series 2002-1, relating to the July 10, 2002 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. GE Capital Commercial Mortgage Corporation Commercial Mortgage Pass-Through Certificates Series 2002-1 By: Wells Fargo Bank Minnesota, N.A., as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: July 10, 2002 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of GE Capital Commercial Mortgage Corporation Commercial Mortgage Pass-Through Certificates Series 2002-1, relating to the July 10, 2002 distribution. Wells Fargo Bank Minnesota, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21044-1951 GE Capital Commercial Mortgage Corporation Commercial Mortgage Pass-Through Certificates Series 2002-1 For Additional Information, please contact CTSlink Customer Service 301-815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: 07/10/2002 Record Date: 06/28/2002 DISTRIBUTION DATE STATEMENT Table of Contents 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 - 14 Principal Prepayment Detail 15 Historical Detail 16 Delinquency Loan Detail 17 - 18 Specially Serviced Loan Detail 19 - 20 Modified Loan Detail 21 Liquidated Loan Detail 22 Underwriter Deutsche Bank Securities Inc. 31 West 52nd Street New York, NY 10019 Contact: Laine Kaye Phone Number: (212) 469-5270 Servicer GEMSA Loan Services, L.P. 1500 City West Blvd. Suite 200 Houston, TX 77042 Contact: Shelly Shrimpton Phone Number: (713) 458-7380 Special Servicer GMAC Commercial Mortgage Corporation 550 California Street, 12th Floor San Francisco, CA 94104 Contact: Henry Bieber Phone Number: (415) 835-9200 This report has been compiled from information provided to Wells Fargo Bank MN, N.A. by various third parties, which may include the Servicer, 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. Copyright 1997, Wells Fargo Bank Minnesota, N.A.

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 Servicer 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 Deliquency Code: Total for Status Code = A (45 loans) 2,251,950.52 2,251,950.52 326,859,151.87 65,969.04~~

(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 Servicer 10- Deed In Lieu Of Foreclosure 11- Full Payoff 12- Reps and Warranties 13- Other or TBD ** Outstanding P & I Advances include the current period advance. 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

GE CAPITAL COMMERCIAL MORT CORP MORT PAS-THR CER SER 2002-1 8-K