UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-D

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:

May 18, 2022 to June 17, 2022

Commission File Number of issuing entity: 333-207132-08

Central Index Key Number of issuing entity: 0001687605

Citigroup Commercial Mortgage Trust 2016-C3

(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: 333-207132

Central Index Key Number of depositor: 0001258361

Citigroup Commercial Mortgage Securities Inc.

(Exact name of depositor as specified in its charter)

Citigroup Global Markets Realty Corp.

(Central Index Key Number: 0001541001)

Barclays Bank PLC

(Central Index Key Number: 0000312070)

Cantor Commercial Real Estate Lending, L.P.

(Central Index Key Number: 0001558761)

LMF Commercial, LLC (f/k/a Rialto Mortgage Finance, LLC)

(Central Index Key Number: 0001592182)

(Exact names of sponsors as specified in their respective charters)

Richard Simpson (212) 816-5343

(Name and telephone number, including area code, of the person to contact in connection with this filing)

New York

(State or other jurisdiction of incorporation or organization of the issuing entity)

81-4498593

81-4486584

81-6938061

(I.R.S. Employer Identification No.)

 

c/o Citibank, N.A.

388 Greenwich Street, 14th Floor

New York, New York

  10013
(Address of principal executive offices of the issuing entity)   (Zip Code)

(212) 816-5693

(Telephone number, including area code)

 

Title of class

  

Registered/reporting pursuant to

(check one)

  

Name of exchange

(If Section 12(b))

    

Section 12(b)

  

Section 12(g)

  

Section 15(d)

  

A-1

            Not Applicable

A-2

            Not Applicable

A-3

            Not Applicable

A-4

            Not Applicable

A-AB

            Not Applicable

X-A

            Not Applicable

X-B

            Not Applicable

A-S

            Not Applicable

B

            Not Applicable

C

            Not Applicable

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities 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 1. Distribution and Pool Performance Information.

On June 17, 2022, a distribution was made to holders of the certificates issued by Citigroup Commercial Mortgage Trust 2016-C3.

The distribution report is attached as Exhibit 99.1 to this Form 10-D.

No assets securitized by Citigroup Commercial Mortgage Securities Inc. (the “Depositor”) and held by Citigroup Commercial Mortgage Trust 2016-C3 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.

The Depositor most recently filed a Form ABS-15G under Rule 15Ga-1 under the Securities Exchange Act of 1934 (“Rule 15Ga-1”) on February 11, 2022. The CIK number of the Depositor is 0001258361.

Citigroup Global Markets Realty Corp. (“CGMRC”), one of the sponsors, most recently filed a Form ABS-15G under Rule 15Ga-1 on February 11, 2022. The CIK number of CGMRC is 0001541001.

Barclays Bank PLC (“Barclays”), one of the sponsors, most recently filed a Form ABS-15G under Rule 15Ga-1 on May 12, 2022. The CIK number of Barclays is 0000312070.

Cantor Commercial Real Estate Lending, L.P. (“CCRE”), one of the sponsors, most recently filed a Form ABS-15G under Rule 15Ga-1 on May 12, 2022. The CIK number of CCRE is 0001558761.

LMF Commercial, LLC (f/k/a Rialto Mortgage Finance, LLC) (“LMF”), one of the sponsors, most recently filed a Form ABS-15G under Rule 15Ga-1 on February 14, 2022. The CIK number of LMF is 0001592182.

Item 1A. Asset-Level Information.

Not applicable

Item 1B. Asset Representations Reviewer and Investor Communication.

Not applicable

PART II – OTHER INFORMATION

Item 2. Legal Proceedings.

No information to report for the monthly distribution period covered by this distribution report on Form 10-D.

Item 3. Sales of Securities and Use of Proceeds.

None

Item 4. Defaults Upon Senior Securities.

None


Item 5. Submission of Matters to a Vote of Security Holders.

None

Item 6. Significant Obligors of Pool Assets.

With respect to the pool assets for Citigroup Commercial Mortgage Trust 2016-C3, there are no significant obligors within the meaning of Item 1101(k) of Regulation AB.

Item 7. Change in Sponsor Interest in Securities.

None

Item 8. Significant Enhancement Provider Information.

None

Item 9. Other Information.

Midland Loan Services, a Division of PNC Bank, National Association, in its capacity as Master Servicer for Citigroup Commercial Mortgage Trust 2016-C3, affirms the following amounts in the respective accounts:

 

Collection Account Balance

     

Prior Distribution Date:

  

05/17/2022

  

$90,370.75

Current Distribution Date:

  

06/17/2022

  

$82,870.75

Loan Combination Custodial Account Balance

     

Prior Distribution Date:

  

05/17/2022

  

$0.00

Current Distribution Date:

  

06/17/2022

  

$0.00

*REO Account Balance

     

Prior Distribution Date:

  

05/17/2022

  

$0.00

Current Distribution Date:

  

06/17/2022

  

$0.00

*As provided by the Special Servicer

     

Citibank, N.A., in its capacity as Certificate Administrator for Citigroup Commercial Mortgage Trust 2016-C3, affirms the following amounts in the respective accounts:

 

Distribution Account Balance

     

Prior Distribution Date:

  

05/17/2022

  

$0.83

Current Distribution Date:

  

06/17/2022

  

$0.83

Interest Reserve Account Balance

     

Prior Distribution Date:

  

05/17/2022

  

$0.00

Current Distribution Date:

  

06/17/2022

  

$0.00

Excess Interest Distribution Account Balance

     

Prior Distribution Date:

  

05/17/2022

  

$0.00

Current Distribution Date:

  

06/17/2022

  

$0.00

Excess Liquidation Proceeds Reserve Account Balance

     

Prior Distribution Date:

  

05/17/2022

  

$0.00

Current Distribution Date:

  

06/17/2022

  

$0.00

     

 

Item 10. Exhibits.

(a) The following is a list of documents filed as part of this Form 10-D:

(99.1): Monthly report distributed to holders of the certificates issued by Citigroup Commercial Mortgage Trust 2016-C3, relating to the June 17, 2022 distribution.

(b) The exhibits required to be filed by the Registrant pursuant to this Form 10-D are listed above and in the Exhibit Index that immediately precedes the signature page hereof.


EXHIBIT INDEX

 

Exhibit Number    Description
Exhibit 99.1    Monthly report distributed to holders of the certificates issued by Citigroup Commercial Mortgage Trust 2016-C3, relating to the June 17, 2022 distribution.


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.

 

Citigroup Commercial Mortgage Securities Inc.
(Depositor)

/s/ Richard Simpson

Richard Simpson, President

Date: June 30, 2022


certstmt_10dccmt16c32206.htm - Generated by SEC Publisher for SEC Filing
Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3

 

CONTACT INFORMATION  
Depositor Citigroup Commercial Mortgage Securities Inc.
Master Servicer Midland Loan Services, a Division of PNC Bank N.A.
Trustee Deutsche Bank Trust Company Americas
Certificate Administrator Citibank, N.A.
Special Servicer Rialto Capital Advisors, LLC
Asset Representations Cred iQ
Reviewer / Operating  
Advisor  

 

CONTENTS  
Distribution Summary 2
Distribution Summary (Factors) 3
Interest Distribution Detail 4
Principal Distribution Detail 5
Reconciliation Detail 6
Other Information 7
Stratification Detail 8
Mortgage Loan Detail 11
NOI Detail 13
Delinquency Loan Detail 15
Appraisal Reduction Detail 17
Loan Modification Detail 19
Specially Serviced Loan Detail 24
Unscheduled Principal Detail 28
Liquidated Loan Detail 30
CREFC Legends 32

 

Deal Contact: Danny Lee Citibank, N.A.
  danny1.lee@citi.com Agency and Trust
  Tel: (212) 816-4936 388 Greenwich Street, 14th Floor
    New York, NY 10013

 

Reports Available at sf.citidirect.com Page 1 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
    Distribution Summary
DISTRIBUTION IN DOLLARS  

 

        Prior   Pass-   Accrual                                   Current
    Original   Principal   Through   Day Count   Accrual   Interest   Principal   PPP and YM     Total   Deferred   Realized     Principal
Class   Balance   Balance   Rate   Fraction   Dates   Distributed   Distributed   Distributed     Distributed   Interest   Loss     Balance
(1 ) (2 ) (3 ) (4 ) (5 ) (6 ) (7 ) (8 ) (9 ) (10)= (7 +8+9) (11 ) (12 ) (13)= (3-8+11-12)
 
A-1   31,197,000.00   0.00   1.456000 % -   -   0.00   0.00   0.00     0.00   0.00   0.00     0.00
A-2   75,370,000.00   6,598,987.00   2.505000 % 30/360   05/01 - 05/31   13,775.39   15,035.60   0.00     28,810.99   0.00   0.00     6,583,951.40
A-3   180,000,000.00   180,000,000.00   2.896000 % 30/360   05/01 - 05/31   434,400.00   0.00   0.00     434,400.00   0.00   0.00     180,000,000.00
A-4   209,266,000.00   209,266,000.00   3.154000 % 30/360   05/01 - 05/31   550,020.80   0.00   0.00     550,020.80   0.00   0.00     209,266,000.00
A-AB   33,711,000.00   29,223,408.80   2.984000 % 30/360   05/01 - 05/31   72,668.88   618,091.87   0.00     690,760.75   0.00   0.00     28,605,316.93
A-S   63,356,000.00   63,356,000.00   3.366000 % 30/360   05/01 - 05/31   177,713.58   0.00   0.00     177,713.58   0.00   0.00     63,356,000.00
B   40,662,000.00   40,662,000.00   3.669000 % 30/360   05/01 - 05/31   124,324.07   0.00   0.00     124,324.07   0.00   0.00     40,662,000.00
C   30,259,000.00   30,259,000.00   4.229568 % 30/360   05/01 - 05/31   106,652.09   0.00   0.00     106,652.09   0.00   0.00     30,259,000.00
D   39,716,000.00   39,716,000.00   3.000000 % 30/360   05/01 - 05/31   99,290.00   0.00   0.00     99,290.00   0.00   0.00     39,716,000.00
E   17,021,000.00   17,021,000.00   2.815000 % 30/360   05/01 - 05/31   39,928.43   0.00   0.00     39,928.43   0.00   0.00     17,021,000.00
F   7,565,000.00   7,565,000.00   2.815000 % 30/360   05/01 - 05/31   17,746.23   0.00   0.00     17,746.23   0.00   0.00     7,565,000.00
G   28,369,189.00   28,369,189.00   2.815000 % 30/360   05/01 - 05/31   54,447.11   0.00   0.00     54,447.11   0.00   0.00     28,369,189.00
R   0.00   0.00   0.000000 % -   -   0.00   0.00   0.00     0.00   0.00   0.00     0.00
S   0.00   0.00   0.000000 % -   -   0.00   0.00   0.00     0.00   0.00   0.00     0.00
Totals   756,492,189.00   652,036,584.80               1,690,966.58   633,127.47   0.00     2,324,094.05   0.00   0.00     651,403,457.33
Notional Classes                                                    
X-A   592,900,000.00   488,444,395.80   1.162086 % 30/360   05/01 - 05/31   473,012.07   0.00   0.00     473,012.07   0.00   0.00     487,811,268.33
X-B   40,662,000.00   40,662,000.00   0.560568 % 30/360   05/01 - 05/31   18,994.85   0.00   0.00     18,994.85   0.00   0.00     40,662,000.00
X-D   39,716,000.00   39,716,000.00   1.229568 % 30/360   05/01 - 05/31   40,694.61   0.00   0.00     40,694.61   0.00   0.00     39,716,000.00
X-E   17,021,000.00   17,021,000.00   1.414568 % 30/360   05/01 - 05/31   20,064.47   0.00   0.00     20,064.47   0.00   0.00     17,021,000.00
X-F   7,565,000.00   7,565,000.00   1.414568 % 30/360   05/01 - 05/31   8,917.67   0.00   0.00     8,917.67   0.00   0.00     7,565,000.00
X-G   28,369,189.00   28,369,189.00   1.414568 % 30/360   05/01 - 05/31   33,441.79   0.00   0.00     33,441.79   0.00   0.00     28,369,189.00
Totals   726,233,189.00   621,777,584.80               595,125.46   0.00   0.00     595,125.46   0.00   0.00     621,144,457.33

 

Reports Available at sf.citidirect.com Page 2 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
    Distribution Summary (Factors)
PER $1,000 OF ORIGINAL BALANCE  

 

          Prior                           Current
      Record   Principal   Interest   Principal   PPP and YM   Total   Deferred       Principal
Class CUSIP   Date   Balance   Distributed   Distributed   Distributed   Distributed   Interest   Realized Loss   Balance
        (3)/ (2) x 1000 (7)/ (2) x 1000 (8)/ (2) x 1000 (9)/ (2) x 1000 (10)/ (2) x 1000 (11)/ (2) x 1000 (12)/ (2) x 1000 (14)/ (2) x 1000
 
A-1 17325 GAA4 5/31/2022   0.000000   0.000000   0.000000   0.000000   0.000000   0.000000   0.000000   0.000000
A-2 17325 GAB2 5/31/2022   87.554558   0.182770   0.199491   0.000000   0.382261   0.000000   0.000000   87.355067
A-3 17325 GAC0 5/31/2022   1,000.000000   2.413333   0.000000   0.000000   2.413333   0.000000   0.000000   1,000.000000
A-4 17325 GAD8 5/31/2022   1,000.000000   2.628333   0.000000   0.000000   2.628333   0.000000   0.000000   1,000.000000
A-AB 17325 GAE6 5/31/2022   866.880508   2.155643   18.335020   0.000000   20.490663   0.000000   0.000000   848.545488
A-S 17325 GAF3 5/31/2022   1,000.000000   2.805000   0.000000   0.000000   2.805000   0.000000   0.000000   1,000.000000
B 17325 GAG1 5/31/2022   1,000.000000   3.057500   0.000000   0.000000   3.057500   0.000000   0.000000   1,000.000000
C 17325 GAH9 5/31/2022   1,000.000000   3.524640   0.000000   0.000000   3.524640   0.000000   0.000000   1,000.000000
D 17325 GAL0 5/31/2022   1,000.000000   2.500000   0.000000   0.000000   2.500000   0.000000   0.000000   1,000.000000
  U1852 GAA6                                  
E 17325 GAN6 5/31/2022   1,000.000000   2.345833   0.000000   0.000000   2.345833   0.000000   0.000000   1,000.000000
  U1852 GAB4                                  
F 17325 GAQ9 5/31/2022   1,000.000000   2.345833   0.000000   0.000000   2.345833   0.000000   0.000000   1,000.000000
  U1852 GAC2                                  
G 17325 GAS5 5/31/2022   1,000.000000   1.919234   0.000000   0.000000   1.919234   0.000000   0.000000   1,000.000000
  U1852 GAD0                                  
R 17325 GBE5 5/31/2022   0.000000   0.000000   0.000000   0.000000   0.000000   0.000000   0.000000   0.000000
S 17325 GBD7 5/31/2022   0.000000   0.000000   0.000000   0.000000   0.000000   0.000000   0.000000   0.000000
X-A 17325 GAJ5 5/31/2022   823.822560   0.797794   0.000000   0.000000   0.797794   0.000000   0.000000   822.754711
X-B 17325 GAK2 5/31/2022   1,000.000000   0.467140   0.000000   0.000000   0.467140   0.000000   0.000000   1,000.000000
X-D 17325 GAU0 5/31/2022   1,000.000000   1.024640   0.000000   0.000000   1.024640   0.000000   0.000000   1,000.000000
  U1852 GAE8                                  
X-E 17325 GAW6 5/31/2022   1,000.000000   1.178807   0.000000   0.000000   1.178807   0.000000   0.000000   1,000.000000
  U1852 GAF5                                  
X-F 17325 GAY2 5/31/2022   1,000.000000   1.178806   0.000000   0.000000   1.178806   0.000000   0.000000   1,000.000000
  U1852 GAG3                                  
X-G 17325 GBA3 5/31/2022   1,000.000000   1.178807   0.000000   0.000000   1.178807   0.000000   0.000000   1,000.000000
  U1852 GAH1                                  

 

Reports Available at sf.citidirect.com Page 3 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Interest Distribution Detail
DISTRIBUTION IN DOLLARS    

 

    Prior   Pass-   Accrual Optimal   Prior   Interest on   Non-Recov.                 Current
    Principal   Through   Day Accrued   Unpaid   Prior Unpaid   Interest     Interest Deferred   Interest     Unpaid
Class   Balance   Rate   Count Interest   Interest   Interest   Shortfall     Due Interest   Distributed     Interest
(1 ) (2 ) (3 ) Fraction (6 ) (7 ) (8 ) (9 ) (10)= (6)+(7)+(8)-(9) (11 ) (12 ) (13)= (10)-(11)-(12)
A-1   0.00   1.456000 % - 0.00   0.00   0.00   0.00     0.00 0.00   0.00     0.00
A-2   6,598,987.00   2.505000 % 30/360 13,775.39   0.00   0.00   0.00     13,775.39 0.00   13,775.39     0.00
A-3   180,000,000.00   2.896000 % 30/360 434,400.00   0.00   0.00   0.00     434,400.00 0.00   434,400.00     0.00
A-4   209,266,000.00   3.154000 % 30/360 550,020.80   0.00   0.00   0.00     550,020.80 0.00   550,020.80     0.00
A-AB   29,223,408.80   2.984000 % 30/360 72,668.88   0.00   0.00   0.00     72,668.88 0.00   72,668.88     0.00
A-S   63,356,000.00   3.366000 % 30/360 177,713.58   0.00   0.00   0.00     177,713.58 0.00   177,713.58     0.00
B   40,662,000.00   3.669000 % 30/360 124,324.07   0.00   0.00   0.00     124,324.07 0.00   124,324.07     0.00
C   30,259,000.00   4.229568 % 30/360 106,652.09   0.00   0.00   0.00     106,652.09 0.00   106,652.09     0.00
D   39,716,000.00   3.000000 % 30/360 99,290.00   0.00   0.00   0.00     99,290.00 0.00   99,290.00     0.00
E   17,021,000.00   2.815000 % 30/360 39,928.43   0.00   0.00   0.00     39,928.43 0.00   39,928.43     0.00
F   7,565,000.00   2.815000 % 30/360 17,746.23   0.00   0.00   0.00     17,746.23 0.00   17,746.23     0.00
G   28,369,189.00   2.815000 % 30/360 66,549.39   164,726.27   386.42   0.00     231,662.08 0.00   54,447.11     177,214.97
R   0.00   0.000000 % - 0.00   0.00   0.00   0.00     0.00 0.00   0.00     0.00
S   0.00   0.000000 % - 0.00   0.00   0.00   0.00     0.00 0.00   0.00     0.00
Totals   652,036,584.80         1,703,068.86   164,726.27   386.42   0.00     1,868,181.55 0.00   1,690,966.58     177,214.97
Notional Classes                                            
X-A   488,444,395.80   1.162086 % 30/360 473,012.07   0.00   0.00   0.00     473,012.07 0.00   473,012.07     0.00
X-B   40,662,000.00   0.560568 % 30/360 18,994.85   0.00   0.00   0.00     18,994.85 0.00   18,994.85     0.00
X-D   39,716,000.00   1.229568 % 30/360 40,694.61   0.00   0.00   0.00     40,694.61 0.00   40,694.61     0.00
X-E   17,021,000.00   1.414568 % 30/360 20,064.47   0.00   0.00   0.00     20,064.47 0.00   20,064.47     0.00
X-F   7,565,000.00   1.414568 % 30/360 8,917.67   0.00   0.00   0.00     8,917.67 0.00   8,917.67     0.00
X-G   28,369,189.00   1.414568 % 30/360 33,441.79   0.00   0.00   0.00     33,441.79 0.00   33,441.79     0.00
Totals   621,777,584.80         595,125.46   0.00   0.00   0.00     595,125.46 0.00   595,125.46     0.00

 

Reports Available at sf.citidirect.com Page 4 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
    Principal Distribution Detail
DISTRIBUTION IN DOLLARS  

 

        Prior   Scheduled   Unscheduled       Current   Current     Current Cumulative Original   Current   Original   Current  
    Original   Principal   Principal   Principal   Balance   Realized   Principal     Principal Realized   Class   Class   Credit   Credit  
Class   Balance   Balance   Distribution   Distribution   Change   Loss   Recoveries     Balance Loss   (%)   (%)   Support Support  
(1 ) (2 ) (3 ) (4 ) (5 ) (6 ) (7 ) (8 ) (9)= (3)-(4)-(5)+(6)-(7)+(8) (10 ) (11 ) (12 ) (13 ) (14 )
 
A-1   31,197,000.00   0.00   0.00   0.00   0.00   0.00   0.00     0.00 0.00   4.12 % 0.00 % 30.00 % N/A  
A-2   75,370,000.00   6,598,987.00   15,035.60   0.00   0.00   0.00   0.00     6,583,951.40 0.00   9.96 % 1.01 % 30.00 % 34.84 %
A-3   180,000,000.00   180,000,000.00   0.00   0.00   0.00   0.00   0.00     180,000,000.00 0.00   23.79 % 27.63 % 30.00 % 34.84 %
A-4   209,266,000.00   209,266,000.00   0.00   0.00   0.00   0.00   0.00     209,266,000.00 0.00   27.66 % 32.13 % 30.00 % 34.84 %
A-AB   33,711,000.00   29,223,408.80   618,091.87   0.00   0.00   0.00   0.00     28,605,316.93 0.00   4.46 % 4.39 % 30.00 % 34.84 %
A-S   63,356,000.00   63,356,000.00   0.00   0.00   0.00   0.00   0.00     63,356,000.00 0.00   8.38 % 9.73 % 21.63 % 25.11 %
B   40,662,000.00   40,662,000.00   0.00   0.00   0.00   0.00   0.00     40,662,000.00 0.00   5.38 % 6.24 % 16.25 % 18.87 %
C   30,259,000.00   30,259,000.00   0.00   0.00   0.00   0.00   0.00     30,259,000.00 0.00   4.00 % 4.65 % 12.25 % 14.23 %
D   39,716,000.00   39,716,000.00   0.00   0.00   0.00   0.00   0.00     39,716,000.00 0.00   5.25 % 6.10 % 7.00 % 8.13 %
E   17,021,000.00   17,021,000.00   0.00   0.00   0.00   0.00   0.00     17,021,000.00 0.00   2.25 % 2.61 % 4.75 % 5.52 %
F   7,565,000.00   7,565,000.00   0.00   0.00   0.00   0.00   0.00     7,565,000.00 0.00   1.00 % 1.16 % 3.75 % 4.36 %
G   28,369,189.00   28,369,189.00   0.00   0.00   0.00   0.00   0.00     28,369,189.00 0.00   3.75 % 4.36 % 0.00 % 0.00 %
Totals   756,492,189.00   652,036,584.80   633,127.47   0.00   0.00   0.00   0.00     651,403,457.33 0.00   100.00 % 100.00 %        

 

Reports Available at sf.citidirect.com Page 5 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
    Reconciliation Detail

 

SOURCE OF FUNDS
 
Interest Funds Available      
Scheduled Interest 2,309,192.93    
Prepayment Interest Shortfall 0.00    
Interest Adjustments 0.00    
ASER Amount (5,102.29 )  
Realized Loss in Excess of Principal Balance 0.00    
Total Interest Funds Available:     2,304,090.64
Principal Funds Available      
Scheduled Principal 633,127.47    
Unscheduled Principal 0.00    
Curtailments 0.00    
Principal Prepayments 0.00    
Net Liquidation Proceeds 0.00    
Repurchased Principal 0.00    
Substitution Principal 0.00    
Other Principal 0.00    
Total Principal Funds Available:     633,127.47
Other Funds Available      
Yield Maintenance Charges 0.00    
Withdrawal of Withheld Amounts from the Interest Reserve Account 0.00    
Deposit of Withheld Amounts to the Interest Reserve Account 0.00    
Total Other Funds Available:     0.00
Total Funds Available     2,937,218.11

 

ALLOCATION OF FUNDS
 
Scheduled Fees    
Servicing Fee 5,046.94  
Trustee/Certificate Administrator Fee 4,154.92  
Operating Advisor Fee 1,319.46  
Asset Representations Reviewer Ongoing Fee 196.53  
CREFC® Intellectual Property Royalty License Fee 280.75  
Total Scheduled Fees:   10,998.60
Additional Fees, Expenses, etc.    
Additional Servicing Fee 0.00  
Special Servicing Fee 7,000.00  
Work-out Fee 0.00  
Liquidation Fee 0.00  
Trust Fund Expenses 0.00  
Trust Advisor Expenses 0.00  
Reimbursement of Interest on Advances to the Servicer 0.00  
Borrower Reimbursable Trust Fund Expenses 0.00  
Other Expenses 0.00  
Total Additional Fees, Expenses, etc.:   7,000.00
Distributions    
Interest Distribution 2,286,092.04  
Principal Distribution 633,127.47  
Yield Maintenance Charge Distribution 0.00  
Total Distributions:   2,919,219.51
Total Funds Allocated   2,937,218.11

 

Reports Available at sf.citidirect.com Page 6 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
    Other Information

 

Interest Reserve Account Information    
Beginning Interest Reserve Account Balance 0.00  
Deposit of Withheld Amounts to the Interest Reserve Account 0.00  
Withdrawal of Withheld Amounts from the Interest Reserve Account 0.00  
Ending Interest Reserve Account Balance 0.00  
 
Excess Liquidation Proceeds Reserve Account Information    
Beginning Excess Liquidation Proceeds Reserve Account Balance 0.00  
Deposit to the Excess Liquidation Proceeds Reserve Account 0.00  
Withdrawal from the Excess Liquidation Proceeds Reserve Account 0.00  
Ending Excess Liquidation Proceeds Reserve Account Balance 0.00  
 
Collateral Information    
% of Cut-Off Principal Balance Outstanding 86.108418 %
 
Controlling Class Information    
Controlling Class is Class G.    
The Controlling Class Representative is Rialto CMBS X, LLC.    
 
There Are No Disclosable Special Servicer Fees.    

 

Reports Available at sf.citidirect.com Page 7 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Stratification Detail

 

Ending Scheduled Balance
 
Ending Sched # of Ending Sched % of Agg     Wtd Avg
Balance Loans Balance Balance WAC WAM DSCR
 
0 or Less 3 0.00 0.00 0.0000 0 0.000000
1 to 5,000,000 9 33,991,871.03 5.22 4.5383 52 2.093155
5,000,001 to 10,000,000 14 95,327,555.01 14.63 4.5191 48 1.817009
10,000,001 to 15,000,000 7 85,642,710.89 13.15 4.5678 52 1.885837
15,000,001 to 20,000,000 2 32,271,681.28 4.95 4.5536 52 1.880598
20,000,001 to 25,000,000 3 68,442,067.81 10.51 4.5563 52 1.344315
25,000,001 to 30,000,000 3 82,133,103.17 12.61 4.0543 60 2.856723
30,000,001 to 35,000,000 1 35,000,000.00 5.37 2.9882 53 3.830000
35,000,001 to 40,000,000 1 39,344,468.43 6.04 4.2400 52 1.950000
40,000,001 to 45,000,000 0 0.00 0.00 0.0000 0 0.000000
45,000,001 to 50,000,000 0 0.00 0.00 0.0000 0 0.000000
50,000,001 to 55,000,000 0 0.00 0.00 0.0000 0 0.000000
55,000,001 to 60,000,000 2 114,250,000.00 17.54 3.7226 52 2.242341
60,000,001 to 65,000,000 1 65,000,000.00 9.98 3.2920 51 1.930000
Totals 46 651,403,457.62 100.00 4.1123 53 2.127112
 
 
 
 
(When current DSCR is not available, the most currently provided DSCR will be used.)      

 

State
 
    # of Ending Sched % of Agg     Wtd Avg
State   Loans Balance Balance WAC WAM DSCR
 
Alabama   1 2,770,099.41 0.43 4.9500 51 1.790000
Arizona   1 8,862,775.16 1.36 4.0900 52 1.040000
California   12 77,018,016.77 11.82 4.3348 52 2.175774
Connecticut   2 68,919,597.36 10.58 4.3544 52 1.715143
Florida   2 13,121,381.41 2.01 4.5782 53 1.565910
Indiana   1 8,539,895.35 1.31 4.4100 51 2.430000
Kansas   1 6,583,951.44 1.01 5.3100 0 0.440000
Michigan   3 75,976,521.01 11.66 3.4883 51 1.873814
North Carolina   1 5,842,282.38 0.90 4.3000 52 2.970000
New Jersey   4 110,364,385.90 16.94 3.8102 52 2.060018
Ohio   1 4,933,002.16 0.76 4.5890 53 1.270000
South Carolina   2 26,140,108.24 4.01 4.9200 52 2.520000
Tennessee   1 5,940,191.61 0.91 4.6200 52 1.520000
Texas   2 11,586,609.17 1.78 4.8644 52 1.765156
Virginia   2 35,000,000.00 5.37 2.9882 53 3.830000
Washington   1 30,000,000.00 4.61 3.3830 77 3.510000
Various   9 159,804,640.25 24.53 4.4450 52 1.961246
  Totals 46 651,403,457.62 100.00 4.1123 53 2.127112

 

Reports Available at sf.citidirect.com Page 8 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Stratification Detail

 

Seasoning
 
  # of Ending Sched % of Agg     Wtd Avg
Seasoning Loans Balance Balance WAC WAM DSCR
 
12 Months or Less 0 0.00 0.00 0.0000 0 0.000000
13 to 24 Months 0 0.00 0.00 0.0000 0 0.000000
25 to 36 Months 0 0.00 0.00 0.0000 0 0.000000
37 to 48 Months 0 0.00 0.00 0.0000 0 0.000000
49 Months or Greater 46 651,403,457.62 100.00 4.1123 53 2.127112
Totals 46 651,403,457.62 100.00 4.1123 53 2.127112

 

Property Type
 
Property   # of Ending Sched % of Agg     Wtd Avg
Type   Loans Balance Balance WAC WAM DSCR
 
Multifamily   6 102,748,373.83 15.77 4.3796 52 1.750192
Retail   10 167,386,602.59 25.70 3.8023 51 2.220666
Office   12 224,165,544.21 34.41 3.8665 56 2.439743
Mixed Use   2 10,562,378.04 1.62 4.3804 52 2.272870
Lodging   11 116,141,626.78 17.83 4.8071 48 1.442620
Self Storage   5 30,398,932.17 4.67 3.9800 53 3.145087
 
  Totals 46 651,403,457.62 100.00 4.1123 53 2.127112

 

Debt Service Coverage Ratio
 
Debt Service # of Ending Sched % of Agg     Wtd Avg
Coverage Ratio Loans Balance Balance WAC WAM DSCR
 
1.250 or Less 9 64,263,044.21 9.87 4.8151 46 0.734699
1.251 to 1.500 6 31,329,750.16 4.81 4.6490 53 1.388965
1.501 to 1.750 7 133,201,914.99 20.45 4.4348 52 1.641123
1.751 to 2.000 9 183,012,492.60 28.10 4.0688 51 1.894583
2.001 to 2.250 1 6,037,209.02 0.93 4.8500 52 2.110000
2.251 to 2.500 1 8,539,895.35 1.31 4.4100 51 2.430000
2.501 to 2.750 4 96,890,108.24 14.87 3.6907 53 2.681962
2.751 to 3.000 3 21,371,214.55 3.28 4.1593 53 2.896949
3.001 to 3.250 1 26,887,828.50 4.13 4.1500 52 3.120000
3.251 to 3.500 3 14,870,000.00 2.28 3.8480 52 3.432922
3.501 to 3.750 1 30,000,000.00 4.61 3.3830 77 3.510000
3.751 to 4.000 1 35,000,000.00 5.37 2.9882 53 3.830000
Totals 46 651,403,457.62 100.00 4.1123 53 2.127112
 
 
(When current DSCR is not available, the most currently provided DSCR will be used.)      

 

Loan Rate
 
Loan   # of Ending Sched % of Agg     Wtd Avg
Rate (%)   Loans Balance Balance WAC WAM DSCR
 
4.00 or Less   11 215,620,000.00 33.10 3.2755 56 2.828263
4.01 to 4.25   5 90,624,004.26 13.91 4.1757 52 2.365695
4.26 to 4.50   9 161,643,108.28 24.81 4.3632 52 1.746660
4.51 to 4.75   4 47,038,065.80 7.22 4.6796 50 1.646379
4.76 to 5.00   13 119,381,423.70 18.33 4.8513 52 1.616530
5.01 to 5.25   2 8,870,093.75 1.36 5.1764 44 0.407131
5.26 to 5.50   2 8,226,761.83 1.26 5.2994 10 0.609737
5.51 to 5.75   0 0.00 0.00 0.0000 0 0.000000
5.76 to 6.00   0 0.00 0.00 0.0000 0 0.000000
6.01 to 6.25   0 0.00 0.00 0.0000 0 0.000000
6.26 to 6.50   0 0.00 0.00 0.0000 0 0.000000
6.51 to 6.75   0 0.00 0.00 0.0000 0 0.000000
6.76 to 7.00   0 0.00 0.00 0.0000 0 0.000000
7.01 or Greater   0 0.00 0.00 0.0000 0 0.000000
  Totals 46 651,403,457.62 100.00 4.1123 53 2.127112

 

Reports Available at sf.citidirect.com Page 9 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Stratification Detail

 

Anticipated Remaining Term
 
Anticipated # of Ending Sched % of Agg     Wtd Avg
Remaining Term Loans Balance Balance WAC WAM DSCR
 
60 Months or Less 45 621,403,457.62 95.39 4.1475 51 2.060349
61 to 90 Months 1 30,000,000.00 4.61 3.3830 77 3.510000
91 Months or Greater 0 0.00 0.00 0.0000 0 0.000000
Totals 46 651,403,457.62 100.00 4.1123 53 2.127112
 
 
(When current DSCR is not available, the most currently provided DSCR will be used.)      

 

Remaining Amortization Term
 
Remaining # of Ending Sched % of Agg     Wtd Avg
Amortization Term Loans Balance Balance WAC WAM DSCR
 
240 Months or Less 15 317,942,425.03 48.81 3.6805 53 2.543551
241 to 270 Months 0 0.00 0.00 0.0000 0 0.000000
271 to 300 Months 23 216,097,425.03 33.17 4.5657 52 1.762641
301 Months or Greater 8 117,363,607.56 18.02 4.4470 52 1.670050
Totals 46 651,403,457.62 100.00 4.1123 53 2.127112

 

Reports Available at sf.citidirect.com Page 10 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Mortgage Loan Detail

 

    Prop               Neg Beginning Ending Paid Appraisal Appraisal Payment Workout   Mod  
Loan   Type     Interest Principal Gross   Maturity Am Scheduled Scheduled Through Reduction Reduction Status Strategy   Type  
Number OMCR (1) City State Payment Payment Coupon   Date Flag Balance Balance Date Date Amount (2 ) (3 ) (4 )
 
030311777 001 RT Ann Arbor MI 184,260.56 0.00 3.29200 % 9/1/26 N 65,000,000.00 65,000,000.00 6/1/22 N/A 0.00 0   0   0  
030311790 002 MF Stamford CT 215,260.56 0.00 4.31000 % 10/6/26 N 58,000,000.00 58,000,000.00 6/6/22 N/A 0.00 0   0   0  
030311778 003 OF Jersey City NJ 150,979.69 0.00 3.11700 % 10/11/26 N 56,250,000.00 56,250,000.00 6/11/22 N/A 0.00 0   0   0  
030311796 005 OF Various XX 143,879.18 62,489.77 4.24000 % 10/6/26 N 39,406,958.20 39,344,468.43 6/6/22 N/A 0.00 0   0   0  
030311779 006 RT Woodbridge VA 90,061.42 0.00 2.98821 % 11/1/26 N 35,000,000.00 35,000,000.00 6/6/22 N/A 0.00 0   0   0  
030311780 007 OF Seattle WA 87,394.17 0.00 3.38300 % 11/6/28 N 30,000,000.00 30,000,000.00 6/6/22 N/A 0.00 0   0   0  
030311803 013 LO Various XX 85,359.50 33,859.43 4.80300 % 10/6/26 N 20,638,591.92 20,604,732.49 6/6/22 N/A 0.00 0   0   8  
030311804 014 LO Various XX 71,248.78 28,262.16 4.80300 % 10/6/26 N 17,226,841.14 17,198,578.98 6/6/22 N/A 0.00 0   0   8  
030311805 015 MF Rialto CA 55,510.82 27,076.51 4.26910 % 11/6/26 N 15,100,178.81 15,073,102.30 6/6/22 N/A 0.00 0   0   0  
030311806 016 OF Various XX 46,198.61 0.00 3.70000 % 10/6/26 N 14,500,000.00 14,500,000.00 6/6/22 N/A 0.00 0   0   0  
030311807 017 MF Riverside CA 44,740.06 21,822.86 4.26910 % 11/6/26 N 12,170,293.61 12,148,470.75 6/6/22 N/A 0.00 0   0   0  
030311808 018 LO Various XX 45,657.84 18,111.03 4.80300 % 10/6/26 N 11,039,352.93 11,021,241.90 6/6/22 N/A 0.00 0   0   8  
030311809 020 LO San Diego CA 46,592.33 17,460.07 4.95000 % 10/6/26 N 10,930,752.71 10,913,292.64 6/6/22 N/A 0.00 0   0   0  
030311810 021 RT Norwalk CT 43,219.60 15,153.75 4.59000 % 10/6/26 N 10,934,751.11 10,919,597.36 6/6/22 N/A 0.00 0   0   0  
030311811 022 RT Coral Gables FL 36,479.13 16,473.56 4.46000 % 11/6/26 N 9,498,400.08 9,481,926.52 6/6/22 N/A 0.00 0   0   0  
030311774 023 LO Temp AZ 31,272.34 16,506.89 4.09000 % 10/6/26 N 8,879,282.05 8,862,775.16 6/6/22 N/A 0.00 0   0   8  
030311812 024 LO Merrillville IN 32,487.75 15,140.67 4.41000 % 9/6/26 N 8,555,036.02 8,539,895.35 6/6/22 N/A 0.00 0   0   0  
030311813 025 SS Torrance CA 29,140.98 15,049.20 4.13000 % 11/6/26 N 8,193,981.37 8,178,932.17 6/6/22 N/A 0.00 0   0   0  
030311814 026 LO Overland Park KS 30,173.87 15,035.59 5.31000 % 10/6/21 N 6,598,987.03 6,583,951.44 5/6/20 5/11/22 0.00 5   2   0  
030311815 027 SS Stockton CA 25,823.00 0.00 4.08000 % 11/6/26 N 7,350,000.00 7,350,000.00 6/6/22 N/A 0.00 0   0   0  
030311781 028 LO Saddlebrook NJ 27,861.16 10,336.77 5.14600 % 12/6/25 N 6,287,387.35 6,277,050.58 3/6/21 5/11/22 1,157,047.51 3   2   0  
030311775 029 RT South Lyon MI 25,794.64 10,323.90 4.78000 % 10/6/26 N 6,266,749.25 6,256,425.35 6/6/22 N/A 0.00 0   0   0  
030311816 030 MF Sherman TX 25,254.81 9,836.70 4.85000 % 10/6/26 N 6,047,045.72 6,037,209.02 6/6/22 N/A 0.00 0   0   0  
030311789 031 MU Southern Pines NC 21,671.53 10,495.11 4.30000 % 10/6/26 N 5,852,777.49 5,842,282.38 6/6/22 N/A 0.00 0   0   0  
030311817 032 MF Memphis TN 23,664.66 8,193.44 4.62000 % 10/6/26 N 5,948,385.05 5,940,191.61 6/6/22 N/A 0.00 0   0   0  
030311818 033 MF Dallas TX 23,355.18 8,415.53 4.88000 % 9/6/26 N 5,557,815.68 5,549,400.15 6/6/22 N/A 0.00 0   0   0  
030311819 034 OF Mayfield Heights OH 19,526.55 8,376.75 4.58900 % 11/6/26 N 4,941,378.91 4,933,002.16 6/6/22 N/A 0.00 0   0   0  

 

Reports Available at sf.citidirect.com Page 11 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Mortgage Loan Detail

 

      Prop               Neg Beginning Ending Paid Appraisal Appraisal Payment Workout   Mod  
Loan     Type     Interest Principal Gross   Maturity Am Scheduled Scheduled Through Reduction Reduction Status Strategy   Type  
Number OMCR   (1) City State Payment Payment Coupon   Date Flag Balance Balance Date Date Amount (2 ) (3 ) (4 )
 
030311820 035   SS Pomona CA 17,976.04 0.00 3.84800 % 10/6/26 N 5,425,000.00 5,425,000.00 6/6/22 N/A 0.00 0   0   0  
030311821 036   RT Various XX 20,577.13 7,134.11 4.77000 % 11/6/26 N 5,009,649.39 5,002,515.28 6/6/22 N/A 0.00 0   0   0  
030311822 037   MU Detroit MI 18,240.60 8,171.65 4.48000 % 11/6/26 N 4,728,267.31 4,720,095.66 6/6/22 N/A 0.00 0   0   0  
030311786 038   RT Oakdale CA 17,603.20 10,473.65 4.80000 % 9/6/26 N 4,258,839.00 4,248,365.35 6/6/22 N/A 0.00 0   0   0  
030311823 039   SS Rosemead CA 15,755.96 0.00 3.84800 % 10/6/26 N 4,755,000.00 4,755,000.00 6/6/22 N/A 0.00 0   0   0  
030311824 040   SS Diamond Bar CA 15,540.58 0.00 3.84800 % 10/6/26 N 4,690,000.00 4,690,000.00 6/6/22 N/A 0.00 0   0   0  
030311825 041   RT Lake Worth FL 15,337.25 5,857.79 4.88600 % 11/6/26 N 3,645,312.68 3,639,454.89 6/6/22 N/A 0.00 0   0   0  
030311787 042   RT San Marcos CA 11,740.79 3,997.02 5.25000 % 7/6/26 N 2,597,040.19 2,593,043.17 6/6/22 N/A 0.00 0   0   0  
030311776 043   OF Birmingham AL 11,820.87 3,124.69 4.95000 % 9/6/26 N 2,773,224.10 2,770,099.41 6/6/22 N/A 0.00 0   0   0  
030311788 044   OF Temecula CA 7,448.09 2,499.38 5.25700 % 9/6/26 N 1,645,309.77 1,642,810.39 6/6/22 N/A 0.00 0   0   0  
030311795 4 A1 OF Newark NJ 91,785.84 34,143.85 4.45000 % 10/6/26 N 23,952,811.51 23,918,667.66 6/6/22 N/A 0.00 0   0   0  
030311791 4 A2 OF Newark NJ 91,785.84 34,143.85 4.45000 % 10/6/26 N 23,952,811.51 23,918,667.66 6/6/22 N/A 0.00 0   0   0  
030311659 9 A2 OF Various XX 96,263.78 49,567.22 4.15000 % 10/6/26 N 26,937,395.72 26,887,828.50 6/6/22 N/A 0.00 0   0   0  
030311801 0 A4 LO Hilton Head Island SC 55,506.85 31,483.93 4.92000 % 10/6/26 N 13,101,538.05 13,070,054.12 6/6/22 N/A 0.00 0   0   0  
030311782 2 A2 RT Various XX 103,434.54 42,626.71 4.75000 % 7/6/26 N 25,287,901.38 25,245,274.67 6/6/22 N/A 0.00 0   0   0  
030311800 A2 B LO Hilton Head Island SC 55,506.85 31,483.93 4.92000 % 10/6/26 N 13,101,538.05 13,070,054.12 6/6/22 N/A 0.00 0   0   0  
Totals Count: 43   2,309,192.93 633,127.47         652,036,585.09 651,403,457.62     1,157,047.51            

 

Reports Available at sf.citidirect.com Page 12 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    NOI Detail

 

    Property     Ending Preceding Most Most Recent Most Recent
Loan   Type     Scheduled Fiscal Recent Financial As of Financial As
Number OMCR (1) City State Balance Year NOI NOI Start Date of End Date
030311777 001 RT Ann Arbor MI 65,000,000.00 11,339,076.00 11,573,642.20 Not Available Not Available
030311790 002 MF Stamford CT 58,000,000.00 4,089,229.82 1,126,819.82 01/01/2022 03/31/2022
030311778 003 OF Jersey City NJ 56,250,000.00 24,744,098.19 24,744,098.19 Not Available Not Available
030311796 005 OF Various XX 39,344,468.43 0.00 5,315,412.90 Not Available Not Available
030311779 006 RT Woodbridge VA 35,000,000.00 39,192,379.52 35,402,604.25 Not Available Not Available
030311780 007 OF Seattle WA 30,000,000.00 12,014,613.24 12,198,576.52 Not Available Not Available
030311803 013 LO Various XX 20,604,732.49 1,499,998.21 1,577,624.89 Not Available Not Available
030311804 014 LO Various XX 17,198,578.98 3,211,350.78 1,693,127.80 Not Available Not Available
030311805 015 MF Rialto CA 15,073,102.30 1,829,127.36 1,829,127.36 Not Available Not Available
030311806 016 OF Various XX 14,500,000.00 1,807,952.63 1,706,153.89 Not Available Not Available
030311807 017 MF Riverside CA 12,148,470.75 1,469,656.63 1,469,656.63 Not Available Not Available
030311808 018 LO Various XX 11,021,241.90 769,314.70 769,314.70 Not Available Not Available
030311809 020 LO San Diego CA 10,913,292.64 467,492.88 856,967.30 Not Available Not Available
030311810 021 RT Norwalk CT 10,919,597.36 1,117,986.78 1,113,382.32 Not Available Not Available
030311811 022 RT Coral Gables FL 9,481,926.52 938,658.01 938,658.01 Not Available Not Available
030311774 023 LO Temp AZ 8,862,775.16 750,551.55 750,551.55 Not Available Not Available
030311812 024 LO Merrillville IN 8,539,895.35 1,516,594.83 1,516,594.83 Not Available Not Available
030311813 025 SS Torrance CA 8,178,932.17 1,526,391.52 1,526,391.52 Not Available Not Available
030311814 026 LO Overland Park KS 6,583,951.44 240,905.00 240,905.00 Not Available Not Available
030311815 027 SS Stockton CA 7,350,000.00 894,822.25 890,994.64 Not Available Not Available
030311781 028 LO Saddlebrook NJ 6,277,050.58 -45,210.20 -45,210.20 Not Available Not Available
030311775 029 RT South Lyon MI 6,256,425.35 797,493.59 797,493.59 Not Available Not Available
030311816 030 MF Sherman TX 6,037,209.02 957,019.66 936,721.00 Not Available Not Available
030311789 031 MU Southern Pines NC 5,842,282.38 1,166,527.52 1,166,527.52 Not Available Not Available
030311817 032 MF Memphis TN 5,940,191.61 620,344.81 620,344.81 Not Available Not Available
030311818 033 MF Dallas TX 5,549,400.15 558,660.77 558,660.77 Not Available Not Available
030311819 034 OF Mayfield Heights OH 4,933,002.16 536,712.94 536,712.94 Not Available Not Available

 

Reports Available at sf.citidirect.com Page 13 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
    NOI Detail

 

        Property     Ending Preceding Most Most Recent Most Recent
Loan       Type     Scheduled Fiscal Recent Financial As of Financial As
Number OMCR     (1) City State Balance Year NOI NOI Start Date of End Date
030311820 035     SS Pomona CA 5,425,000.00 748,482.17 748,482.17 Not Available Not Available
030311821 036     RT Various XX 5,002,515.28 0.00 505,022.70 Not Available Not Available
030311822 037     MU Detroit MI 4,720,095.66 466,277.69 466,277.69 Not Available Not Available
030311786 038     RT Oakdale CA 4,248,365.35 691,345.42 691,345.42 Not Available Not Available
030311823 039     SS Rosemead CA 4,755,000.00 639,199.85 639,199.85 Not Available Not Available
030311824 040     SS Diamond Bar CA 4,690,000.00 624,314.59 624,314.59 Not Available Not Available
030311825 041     RT Lake Worth FL 3,639,454.89 517,282.16 517,282.16 Not Available Not Available
030311787 042     RT San Marcos CA 2,593,043.17 344,867.48 344,867.48 Not Available Not Available
030311776 043     OF Birmingham AL 2,770,099.41 277,526.90 277,526.90 Not Available Not Available
030311788 044     OF Temecula CA 1,642,810.39 176,075.86 162,279.95 Not Available Not Available
030311795 4 A1   OF Newark NJ 23,918,667.66 12,828,919.20 3,177,106.65 01/01/2022 03/31/2022
030311791 4 A2   OF Newark NJ 23,918,667.66 12,828,919.20 3,177,106.65 01/01/2022 03/31/2022
030311659 9 A2   OF Various XX 26,887,828.50 0.00 1,627,206.52 Not Available Not Available
030311801 0 A4   LO Hilton Head Island SC 13,070,054.12 19,159,307.43 19,159,307.43 Not Available Not Available
030311782 2 A2   RT Various XX 25,245,274.67 0.00 7,999,076.58 Not Available Not Available
030311800 A2 B   LO Hilton Head Island SC 13,070,054.12 19,159,307.43 19,159,307.43 Not Available Not Available
Totals Count:   43       651,403,457.62 182,473,574.37 171,087,564.92    

 

Reports Available at sf.citidirect.com Page 14 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Delinquency Loan Detail

 

      Actual Paid Current P&I Total P&I Cumulative Other Expense Payment   Workout   Most Recent      
Loan   # of Months Principal Through Advances Advances Accrued Unpaid Advances Status   Strategy   Special Serv Foreclosure Bankruptcy REO
Number OMCR Delinq Balance Date (Net of ASER) Outstanding Interest Advances Outstanding (2 ) (3 ) Transfer Date Date Date Date
030311814 026   6,953,128.66 5/6/20 45,209.46 1,129,519.86 51,650.00 19,015.47 5   2   7/10/20      
030311781 028 3+ 6,434,387.03 3/6/21 33,095.64 560,909.77 13,850.30 0.00 3   2   11/16/20      
Totals Count: 2 13,387,515.69   78,305.10 1,690,429.63 65,500.30 19,015.47                

 

Reports Available at sf.citidirect.com Page 15 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Historical Delinquency Information

 

Distribution Less Than 1 Month       1 Month       2 Months       3 Months       4+ Months       Bankruptcy       Foreclosure       REO      
Date End Sched Bal   #   End Sched Bal   #   End Sched Bal   #   End Sched Bal   #   End Sched Bal   #   End Sched Bal   #   End Sched Bal   #   End Sched Bal   #  
 
06/17/2022 0.00   0   0.00   0   0.00   0   0.00   0   0.00   0   0.00   0   6,277,050.58   1   0.00   0  
  0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.964 % 2.3 % 0.000 % 0.0 %
05/17/2022 39,406,958.20   1   0.00   0   0.00   0   0.00   0   0.00   0   0.00   0   6,287,387.35   1   0.00   0  
  6.044 % 2.3 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.964 % 2.3 % 0.000 % 0.0 %
04/15/2022 0.00   0   0.00   0   0.00   0   0.00   0   0.00   0   0.00   0   6,298,574.89   1   0.00   0  
  0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.965 % 2.3 % 0.000 % 0.0 %
03/17/2022 11,076,814.81   1   0.00   0   0.00   0   0.00   0   0.00   0   0.00   0   6,308,816.70   1   0.00   0  
  1.695 % 2.3 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.966 % 2.3 % 0.000 % 0.0 %
02/17/2022 15,233,280.53   2   0.00   0   0.00   0   0.00   0   0.00   0   0.00   0   6,321,712.33   1   0.00   0  
  2.329 % 4.7 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.966 % 2.3 % 0.000 % 0.0 %
01/18/2022 0.00   0   0.00   0   0.00   0   0.00   0   0.00   0   0.00   0   6,331,852.06   1   0.00   0  
  0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.967 % 2.3 % 0.000 % 0.0 %
12/17/2021 6,321,033.12   1   0.00   0   0.00   0   0.00   0   0.00   0   0.00   0   6,341,947.06   1   0.00   0  
  0.965 % 2.3 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.968 % 2.3 % 0.000 % 0.0 %
11/18/2021 59,043,579.41   2   0.00   0   0.00   0   0.00   0   0.00   0   0.00   0   6,352,901.63   1   0.00   0  
  8.657 % 4.5 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.931 % 2.3 % 0.000 % 0.0 %
10/18/2021 0.00   0   0.00   0   0.00   0   0.00   0   0.00   0   0.00   0   6,362,903.77   1   0.00   0  
  0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.932 % 2.3 % 0.000 % 0.0 %
09/17/2021 0.00   0   0.00   0   0.00   0   0.00   0   6,722,597.69   1   0.00   0   6,373,768.85   1   0.00   0  
  0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.942 % 2.2 % 0.000 % 0.0 % 0.893 % 2.2 % 0.000 % 0.0 %
08/17/2021 56,250,000.00   1   0.00   0   0.00   0   0.00   0   6,737,002.21   1   0.00   0   6,383,678.93   1   0.00   0  
  7.877 % 2.2 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.943 % 2.2 % 0.000 % 0.0 % 0.894 % 2.2 % 0.000 % 0.0 %
07/16/2021 4,811,738.32   1   0.00   0   0.00   0   0.00   0   6,751,341.16   1   0.00   0   6,393,545.28   1   0.00   0  
  0.673 % 2.2 % 0.000 % 0.0 % 0.000 % 0.0 % 0.000 % 0.0 % 0.945 % 2.2 % 0.000 % 0.0 % 0.895 % 2.2 % 0.000 % 0.0 %

 

Reports Available at sf.citidirect.com Page 16 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Appraisal Reduction Detail

 

      Appraisal Appraisal Most Recent Cumulative
Loan Number OMCR Property Name Reduction Amount Reduction Date ASER Amount ASER Amount
030311814 026 Homewood Suites Overland Park 0.00 05/11/2022 0.00 0.00
030311781 028 Marriott Saddle Brook 1,157,047.51 05/11/2022 5,102.29 10,039.99
Totals 2   1,157,047.51   5,102.29 10,039.99

 

Reports Available at sf.citidirect.com Page 17 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Historical Appraisal Reduction Detail

 

Distribution Loan     Appraisal Appraisal Most Recent Cumulative
Date Number OMCR Property Name Reduction Amount Reduction Date ASER Amount ASER Amount
10/19/2020 030311814 026 Homewood Suites Overland Park 0.00 09/01/2020 0.00 0.00
11/18/2020 030311814 026 Homewood Suites Overland Park 0.00 11/12/2020 0.00 0.00
12/17/2020 030311814 026 Homewood Suites Overland Park 0.00 11/12/2020 0.00 0.00
01/15/2021 030311814 026 Homewood Suites Overland Park 0.00 11/12/2020 0.00 0.00
02/18/2021 030311814 026 Homewood Suites Overland Park 0.00 11/12/2020 0.00 0.00
03/17/2021 030311814 026 Homewood Suites Overland Park 0.00 11/12/2020 0.00 0.00
04/16/2021 030311814 026 Homewood Suites Overland Park 0.00 11/12/2020 0.00 0.00
05/17/2021 030311814 026 Homewood Suites Overland Park 0.00 11/12/2020 0.00 0.00
06/17/2021 030311814 026 Homewood Suites Overland Park 0.00 11/12/2020 0.00 0.00
07/16/2021 030311814 026 Homewood Suites Overland Park 0.00 11/12/2020 0.00 0.00
08/17/2021 030311814 026 Homewood Suites Overland Park 0.00 11/12/2020 0.00 0.00
09/17/2021 030311814 026 Homewood Suites Overland Park 0.00 09/13/2021 0.00 0.00
10/18/2021 030311814 026 Homewood Suites Overland Park 0.00 09/13/2021 0.00 0.00
11/18/2021 030311814 026 Homewood Suites Overland Park 0.00 09/13/2021 0.00 0.00
12/17/2021 030311814 026 Homewood Suites Overland Park 0.00 09/13/2021 0.00 0.00
01/18/2022 030311814 026 Homewood Suites Overland Park 0.00 09/13/2021 0.00 0.00
02/17/2022 030311814 026 Homewood Suites Overland Park 0.00 09/13/2021 0.00 0.00
03/17/2022 030311814 026 Homewood Suites Overland Park 0.00 09/13/2021 0.00 0.00
04/15/2022 030311814 026 Homewood Suites Overland Park 0.00 09/13/2021 0.00 0.00
05/17/2022 030311814 026 Homewood Suites Overland Park 0.00 05/11/2022 0.00 0.00
06/17/2022 030311814 026 Homewood Suites Overland Park 0.00 05/11/2022 0.00 0.00
04/15/2022 030311781 028 Marriott Saddle Brook 0.00 04/11/2022 0.00 0.00
05/17/2022 030311781 028 Marriott Saddle Brook 1,157,047.51 05/11/2022 4,937.70 4,937.70
06/17/2022 030311781 028 Marriott Saddle Brook 1,157,047.51 05/11/2022 5,102.29 10,039.99

 

Reports Available at sf.citidirect.com Page 18 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
    Loan Modification Detail

 

      Modification Modification Modification
Loan Number OMCR Property Name Date Type (4) Description
030311803 013 Various 6/12/20 8 Other
030311804 014 Various 6/5/20 8 Other
030311808 018 Various 6/5/20 8 Other
030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
 
Totals 4        

 

Reports Available at sf.citidirect.com Page 19 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Historical Loan Modification Detail

 

Distribution Loan     Modification Modification Modification
Date Number OMCR Property Name Date Type (4) Description
07/17/2020 030311803 013 Various 6/12/20 8 Other
08/17/2020 030311803 013 Various 6/12/20 8 Other
09/17/2020 030311803 013 Various 6/12/20 8 Other
10/19/2020 030311803 013 Various 6/12/20 8 Other
11/18/2020 030311803 013 Various 6/12/20 8 Other
12/17/2020 030311803 013 Various 6/12/20 8 Other
01/15/2021 030311803 013 Various 6/12/20 8 Other
02/18/2021 030311803 013 Various 6/12/20 8 Other
03/17/2021 030311803 013 Various 6/12/20 8 Other
04/16/2021 030311803 013 Various 6/12/20 8 Other
05/17/2021 030311803 013 Various 6/12/20 8 Other
06/17/2021 030311803 013 Various 6/12/20 8 Other
07/16/2021 030311803 013 Various 6/12/20 8 Other
08/17/2021 030311803 013 Various 6/12/20 8 Other
09/17/2021 030311803 013 Various 6/12/20 8 Other
10/18/2021 030311803 013 Various 6/12/20 8 Other
11/18/2021 030311803 013 Various 6/12/20 8 Other
12/17/2021 030311803 013 Various 6/12/20 8 Other
01/18/2022 030311803 013 Various 6/12/20 8 Other
02/17/2022 030311803 013 Various 6/12/20 8 Other
03/17/2022 030311803 013 Various 6/12/20 8 Other
04/15/2022 030311803 013 Various 6/12/20 8 Other
05/17/2022 030311803 013 Various 6/12/20 8 Other
06/17/2022 030311803 013 Various 6/12/20 8 Other
06/17/2020 030311804 014 Various 6/5/20 8 Other
07/17/2020 030311804 014 Various 6/5/20 8 Other
08/17/2020 030311804 014 Various 6/5/20 8 Other

 

Reports Available at sf.citidirect.com Page 20 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Historical Loan Modification Detail

 

Distribution Loan     Modification Modification Modification
Date Number OMCR Property Name Date Type (4) Description
09/17/2020 030311804 014 Various 6/5/20 8 Other
10/19/2020 030311804 014 Various 6/5/20 8 Other
11/18/2020 030311804 014 Various 6/5/20 8 Other
12/17/2020 030311804 014 Various 6/5/20 8 Other
01/15/2021 030311804 014 Various 6/5/20 8 Other
02/18/2021 030311804 014 Various 6/5/20 8 Other
03/17/2021 030311804 014 Various 6/5/20 8 Other
04/16/2021 030311804 014 Various 6/5/20 8 Other
05/17/2021 030311804 014 Various 6/5/20 8 Other
06/17/2021 030311804 014 Various 6/5/20 8 Other
07/16/2021 030311804 014 Various 6/5/20 8 Other
08/17/2021 030311804 014 Various 6/5/20 8 Other
09/17/2021 030311804 014 Various 6/5/20 8 Other
10/18/2021 030311804 014 Various 6/5/20 8 Other
11/18/2021 030311804 014 Various 6/5/20 8 Other
12/17/2021 030311804 014 Various 6/5/20 8 Other
01/18/2022 030311804 014 Various 6/5/20 8 Other
02/17/2022 030311804 014 Various 6/5/20 8 Other
03/17/2022 030311804 014 Various 6/5/20 8 Other
04/15/2022 030311804 014 Various 6/5/20 8 Other
05/17/2022 030311804 014 Various 6/5/20 8 Other
06/17/2022 030311804 014 Various 6/5/20 8 Other
06/17/2020 030311808 018 Various 6/5/20 8 Other
07/17/2020 030311808 018 Various 6/5/20 8 Other
08/17/2020 030311808 018 Various 6/5/20 8 Other
09/17/2020 030311808 018 Various 6/5/20 8 Other
10/19/2020 030311808 018 Various 6/5/20 8 Other

 

Reports Available at sf.citidirect.com Page 21 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Historical Loan Modification Detail

 

Distribution Loan     Modification Modification Modification
Date Number OMCR Property Name Date Type (4) Description
11/18/2020 030311808 018 Various 6/5/20 8 Other
12/17/2020 030311808 018 Various 6/5/20 8 Other
01/15/2021 030311808 018 Various 6/5/20 8 Other
02/18/2021 030311808 018 Various 6/5/20 8 Other
03/17/2021 030311808 018 Various 6/5/20 8 Other
04/16/2021 030311808 018 Various 6/5/20 8 Other
05/17/2021 030311808 018 Various 6/5/20 8 Other
06/17/2021 030311808 018 Various 6/5/20 8 Other
07/16/2021 030311808 018 Various 6/5/20 8 Other
08/17/2021 030311808 018 Various 6/5/20 8 Other
09/17/2021 030311808 018 Various 6/5/20 8 Other
10/18/2021 030311808 018 Various 6/5/20 8 Other
11/18/2021 030311808 018 Various 6/5/20 8 Other
12/17/2021 030311808 018 Various 6/5/20 8 Other
01/18/2022 030311808 018 Various 6/5/20 8 Other
02/17/2022 030311808 018 Various 6/5/20 8 Other
03/17/2022 030311808 018 Various 6/5/20 8 Other
04/15/2022 030311808 018 Various 6/5/20 8 Other
05/17/2022 030311808 018 Various 6/5/20 8 Other
06/17/2022 030311808 018 Various 6/5/20 8 Other
11/18/2020 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
12/17/2020 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
01/15/2021 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
02/18/2021 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
03/17/2021 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
04/16/2021 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
05/17/2021 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other

 

Reports Available at sf.citidirect.com Page 22 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Historical Loan Modification Detail

 

Distribution Loan     Modification Modification Modification
Date Number OMCR Property Name Date Type (4) Description
06/17/2021 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
07/16/2021 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
08/17/2021 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
09/17/2021 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
10/18/2021 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
11/18/2021 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
12/17/2021 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
01/18/2022 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
02/17/2022 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
03/17/2022 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
04/15/2022 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
05/17/2022 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other
06/17/2022 030311774 023 Hampton Inn & Suites Tempe ASU 10/21/20 8 Other

 

Reports Available at sf.citidirect.com Page 23 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
    Specially Serviced Loan Detail

 

    Workout   Most Recent Most Recent        
Loan   Strategy   Inspection Specially Serviced Most Recent Most Recent Other REO  
Number OMCR (3 ) Date Transfer Date Valuation Date Value Property Value Comment from Special Servicer
030311814 026 2     7/10/20 3/1/22 12,000,000.00 0.00 See the loan supplemental file for comments.
030311781 028 2     11/16/20 9/4/15 43,000,000.00 0.00 See the loan supplemental file for comments.
Totals 2           55,000,000.00 0.00  

 

Reports Available at sf.citidirect.com Page 24 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3
Determination Date: 06/13/2022  
    Commercial Mortgage Pass-Through Certificates
    Series 2016-C3
 
    Historical Specially Serviced Loan Detail

 

      Special Workout   Special     Property           Net        
Distribution Loan   Serviced Strategy   Serviced Scheduled Actual Type     Interest   Note Operating     Maturity  
Date Number OMCR Trans Date (3 ) Loan to MS Balance Balance (1 ) State Rate   Date Income (NOI) DSCR   Date WART
6/17/22 030311781 028 11/16/20 2     6,277,050.58 6,434,387.03 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 42
5/17/22 030311781 028 11/16/20 2     6,287,387.35 6,434,387.03 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 43
4/15/22 030311781 028 11/16/20 2     6,298,574.89 6,434,387.03 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 44
3/17/22 030311781 028 11/16/20 2     6,308,816.70 6,434,387.03 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 45
2/17/22 030311781 028 11/16/20 2     6,321,712.33 6,434,387.03 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 46
1/18/22 030311781 028 11/16/20 2     6,331,852.06 6,434,387.03 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 47
12/17/21 030311781 028 11/16/20 2     6,341,947.06 6,434,387.03 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 48
11/18/21 030311781 028 11/16/20 2     6,352,901.63 6,434,387.03 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 49
10/18/21 030311781 028 11/16/20 2     6,362,903.77 6,434,387.03 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 50
9/17/21 030311781 028 11/16/20 2     6,373,768.85 6,434,387.03 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 51
8/17/21 030311781 028 11/16/20 2     6,383,678.93 6,456,370.03 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 52
7/16/21 030311781 028 11/16/20 2     6,393,545.28 6,456,370.03 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 53
6/17/21 030311781 028 11/16/20 2     6,404,279.52 6,456,370.03 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 54
5/17/21 030311781 028 11/16/20 2     6,414,054.99 6,456,370.03 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 55
4/16/21 030311781 028 11/16/20 2     6,424,701.66 6,485,798.47 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 56
3/17/21 030311781 028 11/16/20 2     6,434,387.03 6,485,798.47 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 57
2/18/21 030311781 028 11/16/20 2     6,446,782.07 6,485,798.47 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 58
1/15/21 030311781 028 11/16/20 2     6,456,370.03 6,485,798.47 19   NJ 5.146 %   -45,210.20 -0.03 % 12/6/25 59
12/17/20 030311781 028 11/16/20 2     6,465,915.69 6,485,798.47 19   NJ 5.146 %   2,611,438.00 1.45 % 12/6/25 60
12/17/21 030311802 011 6/30/20 8   10/16/20 0.00 0.00 19   XX 4.730 %   2,761,129.58 1.56 % 10/6/21 0
11/18/21 030311802 011 6/30/20 8   10/16/20 26,041,182.95 26,041,182.95 19   XX 4.730 %   2,042,351.02 1.15 % 10/6/21 0
10/18/21 030311802 011 6/30/20 8   10/16/20 26,082,752.12 26,082,752.12 19   XX 4.730 %   1,673,352.41 0.94 % 10/6/21 0
9/17/21 030311802 011 6/30/20 8   10/16/20 26,127,571.61 26,127,571.61 19   XX 4.730 %   1,664,193.89 1.33 % 10/6/21 1
8/17/21 030311802 011 6/30/20 8   10/16/20 26,168,790.34 26,168,790.34 19   XX 4.730 %   303,318.59 0.68 % 10/6/21 2
7/16/21 030311802 011 6/30/20 8   10/16/20 26,209,841.87 26,209,841.87 19   XX 4.730 %   303,318.59 0.68 % 10/6/21 3
6/17/21 030311802 011 6/30/20 8   10/16/20 26,254,162.38 26,254,162.38 19   XX 4.730 %   303,318.59 0.68 % 10/6/21 4

 

Reports Available at sf.citidirect.com Page 25 of 32 © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022   Citigroup Commercial Mortgage Trust 2016-C3            
Determination Date: 06/13/2022                          
Commercial Mortgage Pass-Through Certificates
Series 2016-C3
5/17/21 030311802 011 6/30/20 8 10/16/20 26,294,867.59 26,294,867.59 19 XX 4.730 % 1,444,069.16 0.81 % 10/6/21 5
4/16/21 030311802 011 6/30/20 8 10/16/20 26,338,854.28 26,338,854.28 19 XX 4.730 % 1,444,069.16 0.81 % 10/6/21 6
3/17/21 030311802 011 6/30/20 8 10/16/20 26,379,215.94 26,379,215.94 19 XX 4.730 % 1,444,069.16 0.81 % 10/6/21 7
2/18/21 030311802 011 6/30/20 8 10/16/20 26,429,789.35 26,429,789.35 19 XX 4.730 % 1,573,725.88 0.89 % 10/6/21 8
1/15/21 030311802 011 6/30/20 8 10/16/20 26,469,782.13 26,469,782.13 19 XX 4.730 % 1,573,725.88 0.89 % 10/6/21 9
12/17/20 030311802 011 6/30/20 8 10/16/20 26,509,612.67 26,509,612.67 19 XX 4.730 % 1,573,725.88 0.89 % 10/6/21 10
11/18/20 030311802 011 6/30/20 8 10/16/20 26,552,756.23 26,592,250.19 19 XX 4.730 % 1,713,487.44 0.97 % 10/6/21 11
10/19/20 030311802 011 6/30/20 98   26,592,250.19 26,592,250.19 19 XX 4.730 % 1,713,487.44 0.97 % 10/6/21 12
9/17/20 030311802 011 6/30/20 98   26,635,069.30 26,674,229.35 19 XX 4.730 % 1,713,487.44 0.97 % 10/6/21 13
8/17/20 030311802 011 6/30/20 98   26,674,229.35 26,674,229.35 19 XX 4.730 % 1,713,487.44 0.97 % 10/6/21 14
7/17/20 030311802 011 6/30/20 98   26,713,230.55 26,755,574.66 19 XX 4.730 % 1,713,487.44 0.97 % 10/6/21 15
6/17/22 030311814 026 7/10/20 2   6,583,951.44 6,953,128.66 19 KS 5.310 % 240,905.00 0.44 % 10/6/21 0
5/17/22 030311814 026 7/10/20 2   6,598,987.03 6,953,128.66 19 KS 5.310 % 240,905.00 0.44 % 10/6/21 0
4/15/22 030311814 026 7/10/20 2   6,614,925.44 6,953,128.66 19 KS 5.310 % 240,905.00 0.44 % 10/6/21 0
3/17/22 030311814 026 7/10/20 2   6,629,820.05 6,953,128.66 19 KS 5.310 % 240,905.00 0.44 % 10/6/21 0
2/17/22 030311814 026 7/10/20 2   6,647,575.03 6,953,128.66 19 KS 5.310 % 240,905.00 0.44 % 10/6/21 0
1/18/22 030311814 026 7/10/20 2   6,662,321.03 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 0
12/17/21 030311814 026 7/10/20 2   6,676,999.91 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 0
11/18/21 030311814 026 7/10/20 2   6,692,594.64 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 0
10/18/21 030311814 026 7/10/20 2   6,707,135.72 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 0
9/17/21 030311814 026 7/10/20 98   6,722,597.69 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 1
8/17/21 030311814 026 7/10/20 98   6,737,002.21 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 2
7/16/21 030311814 026 7/10/20 98   6,751,341.16 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 3
6/17/21 030311814 026 7/10/20 98   6,766,608.38 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 4
5/17/21 030311814 026 7/10/20 98   6,780,812.57 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 5
4/16/21 030311814 026 7/10/20 98   6,795,949.95 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 6
3/17/21 030311814 026 7/10/20 98   6,810,020.59 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 7
2/18/21 030311814 026 7/10/20 98   6,827,034.40 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 8
1/15/21 030311814 026 7/10/20 98   6,840,963.55 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 9
12/17/20 030311814 026 7/10/20 98   6,854,829.30 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 10
11/18/20 030311814 026 7/10/20 98   6,869,640.60 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 11
 
Reports Available at sf.citidirect.com       Page 26 of 32         © Copyright 2022 Citigroup  

 


 

Distribution Date: 06/17/2022   Citigroup Commercial Mortgage Trust 2016-C3            
Determination Date: 06/13/2022                        
Commercial Mortgage Pass-Through Certificates
            Series 2016-C3                
10/19/20 030311814 026 7/10/20 98 6,883,375.82 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 12
9/17/20 030311814 026 7/10/20 98 6,898,061.36 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 13
8/17/20 030311814 026 7/10/20 98 6,911,667.22 6,953,128.66 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 14
7/17/20 030311814 026 7/10/20 98 6,925,211.15 6,967,506.90 19 KS 5.310 % 263,589.92 0.49 % 10/6/21 15
 
 
 
 
Reports Available at sf.citidirect.com     Page 27 of 32         © Copyright   2022 Citigroup  

 


 

Distribution Date:   06/17/2022   Citigroup Commercial Mortgage Trust 2016-C3      
Determination Date:   06/13/2022              
          Commercial Mortgage Pass-Through Certificates      
            Series 2016-C3        
          Unscheduled Principal Detail      
 
      Liquidation / Liquid / Prepay Unscheduled Unscheduled Other Prepayment Interest Prepayment Yield Maintenance
Loan Number OMCR Prepayment Date Type (5) Principal Collections Principal Adjustments Interest Adjustments Excess / (Shortfall) Penalties Penalties
        There is no unscheduled principal activity for the current distribution period.    
Totals                    
 
 
 
 
Reports Available at sf.citidirect.com     Page 28 of 32     © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3      
Determination Date: 06/13/2022              
          Commercial Mortgage Pass-Through Certificates      
              Series 2016-C3        
            Historical Unscheduled Principal Detail      
Distribution Loan     Liquidation / Liquid / Prepay Unscheduled Unscheduled Other Prepayment Interest Prepayment Yield Maintenance
Date Number OMCR   Prepayment Date Type (5) Principal Collections Principal Adjustments Interest Adjustments Excess / (Shortfall) Penalties Penalties
12/17/21 030311802 011   12/6/21 5 26,041,182.95 0.00 0.00 0.00 0.00 0.00
7/16/21 030311785 019   7/6/21 2 11,260,840.50 0.00 0.00 0.00 0.00 0.00
10/18/21 030311797 8 A1 10/11/21 2 30,000,000.00 0.00 0.00 0.00 0.00 0.00
 
 
 
 
Reports Available at sf.citidirect.com     Page 29 of 32     © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022   Citigroup Commercial Mortgage Trust 2016-C3        
Determination Date: 06/13/2022                      
      Commercial Mortgage Pass-Through Certificates        
          Series 2016-C3            
Liquidated Loan Detail
 
Loan Final Recovery Most Recent Most Recent Actual Gross Proceeds Liquidation Net Liquidation Net Proceeds Realized Repurchased by
Number OMCR Determ Date Appraisal Date Appraisal Value Balance Proceeds as % of Act Bal Expenses Proceeds as a % of Act Bal   Losses Seller (Y/N)
There is no liquidated loan activity for the current distribution period.

Totals                        
 
 
 
 
Reports Available at sf.citidirect.com       Page 30 of 32     © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022   Citigroup Commercial Mortgage Trust 2016-C3        
Determination Date: 06/13/2022                    
Commercial Mortgage Pass-Through Certificates
Series 2016-C3
Historical Liquidated Loan Detail
 
Distribution Loan   Final Recovery Most Recent Most Recent Actual Gross Gross Proceeds Liquidation Net Liquidation Net Proceeds Realized Repurchased by
Date Number OMCR Determ Date Appraisal Date Appraisal Value Balance Proceeds as % of Act Bal Expenses Proceeds as a % of Act Bal Loss Seller (Y/N)
There is no historical liquidated loan activity.
 
 
 
 
Reports Available at sf.citidirect.com       Page 31 of 32       © Copyright 2022 Citigroup

 


 

Distribution Date: 06/17/2022 Citigroup Commercial Mortgage Trust 2016-C3      
Determination Date: 06/13/2022            
        Commercial Mortgage Pass-Through Certificates      
 
            Series 2016-C3      
 
 
            CREFC® Legends      
 
(1) Property Type   (3) Workout Strategy (5) Liquidation / Prepayment Type
 
MF = Multifamily   1 . Modification 1 . Partial Liquidation (Curtailment)
RT = Retail   2 . Foreclosure 2 . Payoff Prior To Maturity
HC = HealthCare   3 . Bankruptcy 3 . Disposition / Liquidation
IN = Industrial   4 . Extension 4 . Repurchase / Substitution
WH = Warehouse   5 . Note Sale 5 . Full Payoff At Maturity
MH = Mobile Home Park   6 . DPO 6 . DPO
OF = Office   7 . REO 7 . Liquidation prior to 7/1/2006
MU = Mixed Use   8 . Resolved 8 . Payoff With Penalty
LO = Lodging   9 . Pending Return to Master Servicer 9 . Payoff With Yield Maintenance
SS = Self Storage   10. Deed In Lieu of Foreclosure 10. Curtailment With Penalty
OT = Other   11. Full Payoff 11. Curtailment With Yield Maintenance
SE = Securities   12. Reps and Warranties      
CH = Cooperative Housing 13. Other or TBD      
N/A = Not Available   98. Not Provided By Servicer      
 
 
(2) Payment Status (4) Modification Type      
 
A.   In Grace Period   1 . Maturity Date Extension      
B.   Late, but less than 30 Days 2 . Amortization Change      
0 . Current   3 . Principal Write-Off      
1 . 30-59 Days Delinquent 4 . Blank (formerly Combination)      
2 . 60-89 Days Delinquent 5 . Temporary Rate Reduction      
3 . 90-120 Days Delinquent 6 . Capitalization of Interest      
4 . Performing Matured Balloon 7 . Capitalization of Taxes      
5 . Non Performing Matured Balloon 8 . Other      
6. 121+ Days Delinquent 9 . Combination      
 
 
 
 
Reports Available at sf.citidirect.com     Page 32 of 32     © Copyright 2022 Citigroup