FREE WRITING PROSPECTUS

FILED PURSUANT TO RULE 433

REGISTRATION FILE NO.: 333-207132-08

From: CITI CMBS SYNDICATE (CITIGROUP GLOBAL MAR)

At: 10/31/16 09:23:12

CGCMT 2016-C3 -- New Issue Announcement (Public)

$663.821mm Fixed Rate CMBS Offering

Co-Lead Managers and Joint Bookrunners: Citigroup Global Markets Inc., Barclays Capital Inc., and Cantor Fitzgerald & Co.

Co-Manager: Academy Securities, Inc.

						U/W NOI
Class	Moody's/Fitch/DBRS	Size($mm)	WAL(yr)	C/E	Cum LTV	Debt Yld
A-1	Aaa(sf)/AAAsf/AAA(sf)	31.197	2.65	30.000%	42.3%	16.1%
A-2	Aaa(sf)/AAAsf/AAA(sf)	75.370	4.90	30.000%	42.3%	16.1%
A-3	Aaa(sf)/AAAsf/AAA(sf)	180.000	9.79	30.000%	42.3%	16.1%
A-4	Aaa(sf)/AAAsf/AAA(sf)	209.266	9.91	30.000%	42.3%	16.1%
A-AB	Aaa(sf)/AAAsf/AAA(sf)	33.711	7.06	30.000%	42.3%	16.1%
A-S	Aa3(sf)/AAAsf/AAA(sf)	63.356	9.91	21.625%	47.3%	14.4%
B	NR/AA-sf/AA(sf)	40.662	9.92	16.250%	50.6%	13.5%
C	NR/A-sf/A(sf)	30.259	9.99	12.250%	53.0%	12.9%

Collateral Summary
Initial Pool Balance:	$756.492mm
Number of Mortgage Loans:	44
Number of Mortgaged Properties:	72
Average Cut-off Date Mortgage Loan Balance:	$17.193mm
Weighted Average Mortgage Interest Rate:	4.15986%
Weighted Average Remaining Term to Maturity/ARD (months):	113
Weighted Average Remaining Amortization Term (months):	353
Weighted Average Cut-off Date LTV Ratio:	60.4%
Weighted Average Maturity Date/ARD LTV Ratio:	54.0%
Weighted Average Underwritten Debt Service Coverage Ratio:	2.23x
Weighted Average Debt Yield on Underwritten NOI:	11.3%
% of Mortgaged Properties with Single Tenants:	11.4%
% of Mortgage Loans with Mezzanine or Subordinate Debt:	5.0%
Property Type:	36.3% Office, 23.0% Retail, 20.9% Hospitality, 14.2%, Multifamily, 4.1% Self Storage, 1.5% Mixed Use
Top 5 States:	15.0% NJ, 12.6% CA, 11.6% MI, 9.2% CT, 8.6% VA
Anticipated Timing:
Global Investor Call:	Monday, October 31st, 2016
Anticipated Pricing:	Week of October 31st, 2016
Anticipated Closing:	November 17th, 2016
Global Investor Call Details:
Date:	Monday, October 31st, 2016
Time:	2:00PM ET
Participants, Toll-Free:	719-325-2379
Participant Passcode:	3412081
Roadshow Schedule:	Tuesday, November 1st
Boston, MA – Breakfast Meeting
-Boston Harbor Hotel (John Adams Salon)
-70 Rowes Wharf, Boston, MA
-8:00AM ET
Hartford, CT - Lunch Meeting
-Max Downtown Restaurant (Goodwin Room)
-185 Asylum Street, Hartford, CT
-12:30PM ET
Minneapolis, MN - Breakfast Meeting
-The Grand Hotel (Harriet/Cedar Lakes Room)
-615 Second Avenue South, Minneapolis, MN
-8:00AM CT

<Annex A>

<Term Sheet>

IMPORTANT NOTICE REGARDING THIS OFFERING OF ASSET-BACKED SECURITIES

THE SECURITIES OFFERED BY THESE MATERIALS ARE BEING OFFERED WHEN, AS AND IF ISSUED. THIS FREE WRITING PROSPECTUS IS NOT AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY THESE SECURITIES IN ANY STATE OR OTHER JURISDICTION WHERE SUCH OFFER, SOLICITATION OR SALE IS NOT PERMITTED. THESE SECURITIES DO NOT REPRESENT AN INTEREST IN OR OBLIGATION OF THE DEPOSITOR, THE SPONSORS, THE ORIGINATORS, THE MASTER SERVICER, THE SPECIAL SERVICER, THE TRUSTEE, THE CERTIFICATE ADMINISTRATOR, THE OPERATING ADVISOR, THE ASSET REPRESENTATIONS REVIEWER, THE CONTROLLING CLASS REPRESENTATIVE, THE COMPANION LOAN HOLDERS (OR THEIR REPRESENTATIVES), THE UNDERWRITERS OR ANY OF THEIR RESPECTIVE AFFILIATES. NEITHER THESE SECURITIES NOR THE MORTGAGE LOANS ARE INSURED OR GUARANTEED BY ANY GOVERNMENTAL AGENCY OR INSTRUMENTALITY OR PRIVATE INSURER.

STATEMENT REGARDING THIS FREE WRITING PROSPECTUS

The depositor has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) (SEC File No. 333-207132) for the offering to which this communication relates. Before you invest, you should read the prospectus in the registration statement and other documents the depositor has filed with the SEC for more complete information about the depositor, the issuing entity and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the depositor or Citigroup Global Markets Inc., Barclays Capital Inc., Cantor Fitzgerald & Co., or any other underwriter or dealer participating in this offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-831-9146.

IMPORTANT NOTICE RELATING TO AUTOMATICALLY GENERATED EMAIL DISCLAIMERS

Any legends, disclaimers or other notices that may appear at the bottom of the email communication to which this free writing prospectus is attached relating to (1) these materials not constituting an offer (or a solicitation of an offer), (2) no representation being made that these materials are accurate or complete and that these materials may not be updated or (3) these materials possibly being confidential, are, in each case, not applicable to these materials and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of these materials having been sent via Bloomberg or another system.

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