8-K 1 mdc01tp3.txt DECEMBER 8K UNITED STATES 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 (Date of earliest event reported): December 17, 2001 MORGAN STANLEY DEAN WITTER CAPITAL I INC. Commercial Mortgage Pass-Through Certificates, Series 2001-TP3 Trust (Exact name of registrant as specified in its charter) New York (governing law of 333-59060-01 Pooling and Servicing Agreement) (Commission Pending (State or other File Number) IRS EIN jurisdiction of Incorporation) Wells Fargo Bank Minnesota, N.A. 11000 Broken Land Parkway Columbia, MD 21044 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (410) 884-2000 Former name or former address, if changed since last report) ITEM 5. Other Events On December 17, 2001 a distribution was made to holders of MORGAN STANLEY DEAN WITTER CAPITAL I INC.,Commercial Mortgage Pass-Through Certificates, Series 2001-TP3 Trust. ITEM 7. Financial Statements and Exhibits (c) Exhibits furnished in accordance with 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-TP3 Trust, relating to the December 17, 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-TP3 Trust By: Wells Fargo Bank Minnesota, N. A. as Paying Agent By: /s/ Beth Belfield, Officer By: Beth Belfield, Officer Date: 12/17/2001 INDEX TO EXHIBITS Exhibit Number Description EX-99.1 Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2001-TP3 Trust, relating to the December 17, 2001 distribution. EX-99.1 Morgan Stanley Dean Witter Capital I Inc. Commercial Mortgage Pass-Through Certificates Series 2001-TP3 Record Date: 12/17/01 Distribution Date: 11/30/01 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs 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 - 14 Principal Prepayment Detail 15 Historical Detail 16 Delinquency Loan Detail 17 Specially Serviced Loan Detail 18 - 19 Modified Loan Detail 20 Liquidated Loan Detail 21 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. Underwriter Morgan Stanley Dean Witter Capital I, Inc. 1585 Broadway New York, NY 10036 Contact: Karen Repeckyj Phone Number : (215) 328-1259 Master Servicer Wells Fargo Bank, National Association 45 Fremont Street, 2nd Floor San Francisco, CA 94105 Contact: Jeanette Delagarza Phone Number: (415) 222-4279 Special Servicer GMAC Commercial Mortgage Corporation 200 Witmer Road Horham, PA 19044-8015 Contact: Darri Cunningham Phone Number: (215) 328-1784 Copyright 1997, Wells Fargo Bank Minnesota, N.A.

Expense Losses (Additional Trust Fund Expenses) 403.24 (i) Special Servicing and Liquidation Fees 403.24 (ii) Advance Interest 0.00 (iii) Indemnification Expenses 0.00 (iv) Taxes Imposed on the Trust 0.00 (v) Amount of any Advance not Recovered 0.00 upon a Final Recovery Determination

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 310900514 N/A 07/01/2013 N 56,829,537.46 56,786,252.99 12/01/2001 850200569 N/A 12/01/2007 N 17,740,000.00 17,740,000.00 12/01/2001 850200567 N/A 12/01/2007 N 17,305,000.00 17,305,000.00 12/01/2001 850200568 N/A 12/01/2007 N 14,955,000.00 14,955,000.00 12/01/2001 600871400 05/01/2011 05/01/2031 N 45,837,260.52 45,803,031.16 12/01/2001 850200450 N/A 06/01/2011 N 36,361,780.05 36,329,576.75 12/01/2001 310900363 N/A 06/01/2011 N 34,872,290.56 34,842,296.19 12/01/2001 600871401 N/A 04/01/2011 N 31,834,297.40 31,806,592.61 12/01/2001 700200449 06/01/2011 06/01/2026 N 26,274,845.08 26,245,852.09 12/01/2001 310900219 N/A 12/01/2010 N 25,845,466.13 25,828,115.34 12/01/2001 600871402 N/A 06/01/2011 N 19,454,743.48 19,442,728.87 12/01/2001 600871403 N/A 12/05/2010 N 19,120,725.09 19,107,466.72 12/05/2001 600871404 N/A 06/01/2011 N 16,598,619.23 16,577,977.67 12/01/2001 310900355 N/A 05/01/2011 N 16,233,259.21 16,219,764.77 12/01/2001 310900372 N/A 05/01/2011 N 13,452,239.48 13,442,193.90 12/01/2001 310900248 N/A 01/01/2016 N 12,419,863.60 12,410,506.56 12/01/2001 310900393 N/A 05/01/2011 N 12,324,474.48 12,309,889.58 12/01/2001 600871405 N/A 05/01/2011 N 12,013,104.39 11,998,312.30 12/01/2001 600871408 N/A 05/01/2011 N 10,883,395.35 10,863,516.15 12/01/2001 600871409 N/A 05/01/2011 N 10,754,611.85 10,745,494.42 12/01/2001 600871410 N/A 05/01/2011 N 10,649,752.26 10,641,198.18 12/01/2001 310900189 N/A 03/01/2016 N 10,411,382.58 10,398,654.98 12/01/2001 600871411 N/A 11/01/2008 N 10,374,563.26 10,364,455.09 12/01/2001 700200411 N/A 04/01/2011 N 10,253,575.73 10,245,566.57 12/01/2001 310900283 N/A 03/01/2011 N 9,917,871.72 9,906,012.00 12/01/2001 700200481 N/A 06/01/2011 N 9,767,703.07 9,759,937.31 12/01/2001 850200460 N/A 06/01/2006 N 9,500,000.00 9,500,000.00 12/01/2001 600871412 N/A 03/01/2012 N 9,205,000.00 9,205,000.00 12/01/2001 310900191 N/A 03/01/2006 N 9,106,963.05 9,100,201.76 12/01/2001 310900339 N/A 03/01/2011 N 9,081,724.79 9,074,941.57 12/01/2001 600871413 N/A 05/01/2008 N 6,287,440.21 6,280,394.15 12/01/2001 600871414 N/A 05/01/2008 N 2,735,756.16 2,732,690.31 12/01/2001 600871415 N/A 05/01/2011 N 8,468,046.58 8,461,439.03 12/01/2001 700200451 N/A 06/01/2011 N 8,225,487.89 8,219,437.24 12/01/2001 600871416 N/A 06/01/2011 N 8,059,879.40 8,050,666.88 12/01/2001 310900079 N/A 03/01/2011 N 7,957,874.35 7,951,451.01 12/01/2001 700200440 N/A 06/01/2021 N 7,885,182.91 7,876,986.55 12/01/2001 310900428 N/A 04/01/2011 N 7,863,273.61 7,856,983.86 12/01/2001 600871417 N/A 03/01/2021 N 7,738,295.66 7,729,316.60 12/01/2001 600871418 N/A 06/01/2009 N 7,693,916.40 7,682,397.90 12/01/2001 600871419 N/A 05/01/2011 N 7,680,000.00 7,680,000.00 12/01/2001 600871420 N/A 06/01/2011 N 7,453,237.89 7,443,720.93 12/01/2001 850200454 N/A 06/01/2011 N 7,369,504.44 7,362,521.02 12/01/2001 600871421 N/A 06/01/2011 N 7,363,229.92 7,357,692.95 12/01/2001 600871422 N/A 06/01/2011 N 6,874,948.38 6,869,058.17 12/01/2001 600871423 N/A 06/01/2011 N 6,811,755.29 6,803,167.19 12/01/2001 600871424 N/A 06/01/2011 N 6,763,591.22 6,755,353.80 12/01/2001 700200409 04/01/2011 04/01/2031 N 6,719,655.27 6,714,416.89 12/01/2001 310900317 N/A 04/01/2011 N 6,643,775.36 6,634,810.05 12/01/2001 600871425 N/A 06/01/2011 N 6,378,853.26 6,373,771.74 12/01/2001 310900328 N/A 03/01/2011 N 6,242,720.63 6,234,609.41 12/01/2001 600871426 N/A 06/01/2011 N 5,962,998.71 5,955,466.95 12/01/2001 310900289 N/A 03/01/2011 N 5,967,655.03 5,962,751.86 12/01/2001 600871427 N/A 12/01/2010 N 5,969,050.15 5,964,670.25 12/01/2001 850200428 N/A 05/01/2011 N 5,935,939.89 5,924,248.51 12/01/2001 600871428 N/A 07/01/2011 N 5,725,968.76 5,719,001.76 12/01/2001 600871429 N/A 06/01/2011 N 5,727,249.79 5,721,997.46 12/01/2001 600871430 N/A 03/01/2010 N 5,660,238.00 5,656,349.50 12/01/2001 600871431 N/A 04/01/2011 N 5,457,967.88 5,451,188.72 12/01/2001 310900351 N/A 04/01/2011 N 5,424,140.71 5,419,732.95 12/01/2001 600871432 N/A 04/01/2011 N 5,380,219.79 5,369,998.74 12/01/2001 310900375 N/A 05/01/2011 N 5,378,235.63 5,373,817.31 12/01/2001 700200416 N/A 05/01/2021 N 5,211,528.23 5,205,889.30 12/01/2001 850200452 N/A 06/01/2016 N 5,070,004.97 5,053,013.10 12/01/2001 600871433 N/A 05/01/2021 N 5,070,220.49 5,064,417.54 12/01/2001 600871434 N/A 05/01/2011 N 5,042,013.30 5,032,144.03 12/01/2001 310900364 N/A 04/01/2011 N 4,978,445.89 4,974,686.53 12/01/2001 310900275 N/A 04/01/2011 N 4,976,993.05 4,973,043.36 12/01/2001 600871436 N/A 06/01/2016 N 4,928,903.23 4,913,758.76 12/01/2001 850200479 N/A 06/01/2006 N 4,900,000.00 4,900,000.00 12/01/2001 600871437 N/A 05/01/2011 N 4,814,785.50 4,810,719.65 12/01/2001 850200453 N/A 06/01/2011 N 4,780,219.13 4,775,689.35 12/01/2001 310900389 N/A 05/01/2011 N 4,652,232.00 4,643,445.57 12/01/2001 850200462 N/A 06/01/2016 N 4,485,285.17 4,481,740.30 12/01/2001 600871438 N/A 06/01/2011 N 4,484,107.33 4,480,347.40 12/01/2001 310900350 N/A 04/01/2011 N 4,477,265.71 4,473,444.48 12/01/2001 600871439 N/A 04/01/2011 N 4,381,232.50 4,377,950.44 12/01/2001 600871440 N/A 03/01/2011 N 2,850,000.00 2,850,000.00 12/01/2001 600871441 N/A 03/01/2011 N 1,400,000.00 1,400,000.00 12/01/2001 310900343 N/A 04/01/2011 N 4,219,913.02 4,214,992.01 12/01/2001 600871442 N/A 02/01/2011 N 4,224,082.18 4,220,820.53 12/01/2001 600871443 N/A 06/01/2011 N 4,183,582.35 4,179,782.60 12/01/2001 600871444 N/A 04/01/2011 N 4,033,180.91 4,030,219.46 12/01/2001 600871445 N/A 04/01/2021 N 3,995,374.97 3,987,414.69 12/01/2001 600871446 N/A 05/01/2021 N 3,959,634.52 3,952,201.09 12/01/2001 310900205 N/A 04/01/2021 N 3,951,037.85 3,943,405.87 12/01/2001 600871447 N/A 05/01/2011 N 3,920,393.59 3,917,260.80 12/01/2001 600871448 N/A 02/01/2011 N 3,876,216.54 3,873,223.49 12/01/2001 310900344 N/A 03/01/2011 N 3,780,973.45 3,778,034.38 12/01/2001 600871449 N/A 11/01/2010 N 3,607,475.42 3,603,435.49 12/01/2001 600871450 N/A 06/01/2011 N 3,487,229.08 3,484,229.65 12/01/2001 600871451 N/A 05/01/2006 N 3,476,853.63 3,472,457.46 12/01/2001 600871452 N/A 05/01/2011 N 3,476,269.11 3,471,783.44 12/01/2001 600871453 N/A 12/01/2010 N 3,378,423.68 3,376,038.25 12/01/2001 600871454 N/A 05/01/2011 N 3,312,019.33 3,309,362.19 12/01/2001 310900370 N/A 05/01/2011 N 3,262,452.76 3,259,871.44 12/01/2001 310900397 N/A 05/01/2011 N 3,203,300.25 3,199,192.54 12/01/2001 600871455 N/A 07/01/2011 N 3,186,599.11 3,182,715.71 12/01/2001 600871456 N/A 04/01/2011 N 3,185,313.42 3,182,790.59 12/01/2001 600871457 N/A 05/01/2011 N 1,992,002.79 1,990,375.98 12/01/2001 600871458 N/A 05/01/2011 N 1,145,401.61 1,144,466.19 12/01/2001 600871459 N/A 05/01/2011 N 3,076,523.15 3,072,100.60 12/01/2001 310900338 N/A 04/01/2021 N 3,004,402.58 2,998,817.69 12/01/2001 600871460 N/A 06/01/2011 N 2,989,324.41 2,986,803.07 12/01/2001 600871461 N/A 04/01/2011 N 2,984,768.53 2,982,211.13 12/01/2001 600871462 N/A 05/05/2011 N 2,838,962.85 2,836,698.73 12/05/2001 600871463 N/A 12/01/2010 N 2,761,123.62 2,758,925.39 12/01/2001 310900245 N/A 03/01/2011 N 2,759,129.97 2,757,327.23 11/01/2001 600871464 N/A 09/01/2010 N 2,712,406.91 2,709,321.16 12/01/2001 850200482 N/A 07/01/2016 N 2,653,684.77 2,645,323.93 12/01/2001 850200564 N/A 04/01/2011 N 2,649,479.65 2,646,173.32 12/01/2001 600871465 N/A 07/01/2011 N 2,493,293.69 2,491,225.19 12/01/2001 310900384 N/A 04/01/2006 N 2,479,980.26 2,476,777.33 12/01/2001 310900301 N/A 02/01/2011 N 2,476,530.72 2,473,662.81 12/01/2001 310900331 N/A 03/01/2016 N 2,439,481.46 2,431,398.42 12/01/2001 850200443 N/A 05/01/2011 N 2,431,124.34 2,429,272.18 12/01/2001 310900361 N/A 04/01/2011 N 2,380,816.63 2,377,746.55 12/01/2001 850200455 N/A 06/01/2011 N 2,285,070.12 2,271,541.37 12/01/2001 310900329 N/A 04/01/2011 N 2,318,801.18 2,316,879.23 12/01/2001 310900310 N/A 02/01/2011 N 2,303,367.38 2,300,720.93 12/01/2001 920900385 N/A 04/01/2011 N 2,290,397.01 2,288,708.48 12/01/2001 700200412 N/A 05/01/2011 N 2,285,795.03 2,283,059.82 12/01/2001 310900392 N/A 04/01/2016 N 2,225,782.81 2,218,335.67 12/01/2001 310900302 N/A 02/01/2011 N 2,191,695.32 2,189,420.93 12/01/2001 920900334 N/A 03/01/2011 N 2,172,778.39 2,170,269.22 12/01/2001 310900335 N/A 03/01/2011 N 1,983,087.78 1,980,659.70 12/01/2001 310900381 N/A 04/01/2011 N 1,975,518.91 1,971,702.92 12/01/2001 920900358 N/A 03/01/2021 N 1,970,821.29 1,966,833.81 12/01/2001 310900325 N/A 04/01/2016 N 1,957,570.01 1,951,134.69 12/01/2001 310900362 N/A 04/01/2011 N 1,935,570.64 1,933,229.91 11/01/2001 600871466 N/A 05/01/2011 N 1,888,679.49 1,886,483.13 12/01/2001 310900149 N/A 08/01/2015 N 1,775,679.26 1,770,213.93 12/01/2001 310900336 N/A 03/01/2011 N 1,785,129.95 1,782,985.17 12/01/2001 310900337 N/A 04/01/2021 N 1,778,922.56 1,775,615.71 12/01/2001 310900312 N/A 02/01/2011 N 1,734,851.86 1,732,981.09 12/01/2001 600871467 N/A 05/01/2011 N 1,708,014.61 1,706,600.34 12/01/2001 310900174 N/A 03/01/2011 N 1,626,733.27 1,617,052.55 12/01/2001 310900399 N/A 04/01/2011 N 1,656,240.25 1,654,951.68 12/01/2001 310900333 N/A 03/01/2011 N 1,636,289.13 1,634,313.86 12/01/2001 310900286 N/A 02/01/2019 N 1,617,410.56 1,613,566.30 12/01/2001 310900349 N/A 03/01/2011 N 1,493,080.22 1,491,987.18 12/01/2001 310900357 N/A 03/01/2011 N 1,491,976.61 1,490,758.00 12/01/2001 310900378 N/A 04/01/2011 N 1,488,341.08 1,486,466.24 12/01/2001 310900341 N/A 04/01/2016 N 1,468,944.47 1,464,220.18 12/01/2001 850200287 N/A 09/01/2010 N 1,478,992.79 1,477,275.50 12/01/2001 310900345 N/A 03/01/2011 N 1,366,268.54 1,361,760.44 12/01/2001 310900303 N/A 02/01/2011 N 1,338,818.41 1,337,429.08 12/01/2001 310900314 N/A 02/01/2011 N 1,337,213.33 1,335,652.56 12/01/2001 310900151 N/A 08/01/2015 N 1,319,761.59 1,315,699.51 12/01/2001 310900346 N/A 02/01/2011 N 1,267,768.30 1,266,276.92 12/01/2001 310900365 N/A 04/01/2011 N 1,191,504.84 1,190,115.37 12/01/2001 310900273 N/A 02/01/2011 N 1,113,863.68 1,112,511.68 12/01/2001 310900340 N/A 03/01/2016 N 1,066,613.63 1,065,389.69 12/01/2001 310900294 N/A 01/01/2011 N 989,115.13 987,907.19 12/01/2001 310900323 N/A 03/01/2011 N 982,214.91 981,080.63 12/01/2001 310900342 N/A 02/01/2016 N 972,126.89 968,871.53 12/01/2001 310900348 N/A 03/01/2011 N 881,085.75 880,459.94 12/01/2001 310900320 N/A 02/01/2011 N 644,112.67 643,389.94 12/01/2001 Totals 1,024,673,148.25 1,023,678,305.63 Appraisal Appraisal Res Mod Loan Number Reduction Reduction Strat. Code Date Amount (2) (3) 310900362 13 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

(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 Loan Offering Servicing Resolution Scheduled Property State Interest Actual Number Document Transfer Strategy Balance Type(2) Rate Balance Cross-Reference Date Code (1) 310900362 133 10/04/2001 13 1,933,229.91 IN MN 7.420% 1,935,570.64 Loan Net DSCR DSCR Note Maturity Remaining Number Operating Date Date Date Amortization Income Term 310900362 262,034.35 1.38 05/01/2001 04/01/2011 291 (1) 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 (2) 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

Specially Serviced Loan Detail - Part 2 Loan Offering Resolution Site Phase 1 Date Appraisal Appraisal Other REO Number Document Strategy Inspection Date Value Property Revenue Cross-Reference Code (1) Date ~~310900362 133 13 02/08/2001 2,600,000.00~~

1) 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 Loan Number Comments from Special Servicer 310900362 AM has inspected the property, hired counsel, requested a BOV from a local broker, and has met with the borrower's manager. Borrower has another transaction in escrow, which he states will provide the funds to reinstate the loan. Borrower was to make a loan payment on October 10 and another payment on October 31, however, he failed to make either payment.

Modified Loan Detail No Modified Loans Liquidated Loan Detail No Liquidated Loans this Period

MORGAN STANLEY DEAN WIT CAP I INC COMM MORT CERT 2001-TOP3 8-K