BANK5 2023-5YR1
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated March 2, 2026.2026-03-02
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Quick Answer
What is BANK5 2023-5YR1? A US commercial mortgage-backed security ($1.0B; 30 loans; 145 properties).
Identifiers: Series bank52023-5yr1; CIK 1967945.
Unique value: Dealcharts provides computed pool metrics, time-series performance analysis, and cross-deal comparisons not available in raw SEC EDGAR filings.
Sources: SEC EDGAR CIK 1967945.
Machine-readable data: https://dealcharts.org/llm/facts/bank52023-5yr1.json · API docs
📋 Quick Links
Who's Involved#
Rating AgenciesS&P, Fitch, KBRA
Controlling ClassBasis Investment Group, LLC
Operating AdvisorPentalpha Surveillance
Certificate AdministratorComputershare Trust Company, N.A.
Master ServicerWells Fargo Bank, National Association
Special ServicerCWCapital Asset Management
DepositorWells Fargo Commercial Mortgage Securities, Inc.
TrusteeComputershare Trust Company, N.A.
Master ServicerTrimont Real Estate Advisors
Deal Metrics
Key performance indicators and statistics tracking the deal's current status and history.Deal Overview
Original Trust Amount
$1,026,124,999Current Trust Amount
$939,750,124Number of Loans
30Number of Properties
145Average Loan Size
$28,503,472Portfolio Characteristics
Weighted Average Interest Rate
6.4%Weighted Average Term
60 monthsWA DSCR (NCF) at Issuance
1.84xWA DSCR (NCF) Current
1.75xOriginal Valuation
$7,344,490,000Current Valuation
$7,344,490,000Key Dates
Origination Date
3/14/2023Latest Valuation
1/1/1970Latest Transfer
5/9/2025Latest Return
N/ALatest Modification
N/ASpecial Servicing Status
Loans in Special Servicing
3Special Servicing Balance
$97,500,000Loans Returned to Master
0Balance Returned
N/AAvg Time in Special Servicing
300 daysAvg Time to Return
0 daysValuation Changes
Updated Valuations
0Total Updated Value
N/AValue Change Amount
N/AValue Change Percentage
N/AModifications
Number of Modifications
0Modified Balance
N/ADeal Charts
Charts showing deal performance over time.
Fund Exposure#
Source: NPORT-P & related disclosures • 2026-02-26| Fund Name | Filing Date | FIGI | LEI | Tranches | Total Value | Reporting Period |
|---|---|---|---|---|---|---|
| American Funds Multi-Sector Income Fund | 2026-02-26 | Search FIGI | Lookup LEI | B | $10,881,044 | 2025-12-31 |
| JPMorgan Income ETF | 2026-01-28 | Search FIGI | Lookup LEI | A-3 | $6,026,162 | 2026-02-28 |
| Bond Fund of America | 2026-02-26 | Search FIGI | Lookup LEI | A-3 | $5,993,268 | 2025-12-31 |
| Capital Income Builder | 2025-12-29 | Search FIGI | Lookup LEI | B | $5,386,902 | 2025-10-31 |
| American Balanced Fund | 2026-02-26 | Search FIGI | Lookup LEI | A-3 | $4,916,409 | 2025-12-31 |
| DoubleLine Commercial Real Estate ETF | 2026-02-20 | Search FIGI | Lookup LEI | A-3 | $3,112,309 | 2026-09-30 |
| Intermediate Bond Fund of America | 2026-01-29 | Search FIGI | Lookup LEI | A-3 | $2,765,955 | 2026-08-31 |
| Capital Group KKR Multi-Sector (plus) | 2026-02-26 | Search FIGI | Lookup LEI | B | $2,065,356 | 2025-12-31 |
| American Funds Strategic Bond Fund | 2026-02-26 | Search FIGI | Lookup LEI | B | $1,798,010 | 2025-12-31 |
| Short-Term Bond Fund of America | 2026-01-29 | Search FIGI | Lookup LEI | A-3 | $1,522,783 | 2026-08-31 |
| DoubleLine Yield Opportunities Fund | 2026-02-26 | Search FIGI | Lookup LEI | X-A | $1,062,968 | 2026-09-30 |
| Fund Name | Tranches | Ids |
|---|---|---|
| American Funds Multi-Sector Income Fund $10,881,044 2025-12-31 | B | Search FIGI Lookup LEI |
| JPMorgan Income ETF $6,026,162 2026-02-28 | A-3 | Search FIGI Lookup LEI |
| Bond Fund of America $5,993,268 2025-12-31 | A-3 | Search FIGI Lookup LEI |
| Capital Income Builder $5,386,902 2025-10-31 | B | Search FIGI Lookup LEI |
| American Balanced Fund $4,916,409 2025-12-31 | A-3 | Search FIGI Lookup LEI |
| DoubleLine Commercial Real Estate ETF $3,112,309 2026-09-30 | A-3 | Search FIGI Lookup LEI |
| Intermediate Bond Fund of America $2,765,955 2026-08-31 | A-3 | Search FIGI Lookup LEI |
| Capital Group KKR Multi-Sector (plus) $2,065,356 2025-12-31 | B | Search FIGI Lookup LEI |
| American Funds Strategic Bond Fund $1,798,010 2025-12-31 | B | Search FIGI Lookup LEI |
| Short-Term Bond Fund of America $1,522,783 2026-08-31 | A-3 | Search FIGI Lookup LEI |
| DoubleLine Yield Opportunities Fund $1,062,968 2026-09-30 | X-A | Search FIGI Lookup LEI |
11 of 11 funds* Use toggle buttons to sort
* This table is not yet exhaustive. It is a new feature and contains only the funds we have found so far based on the tranche identifiers we know about. We are still working on it!
* The FIGI Search url provided for each fund will link you to the OpenFIGI search page to lookup FIGI identifiers.
* Reporting Period represents the reporting period end date from the NPORT-P filing.
* For full disclosures, please visit our disclosures page.
* The FIGI Search url provided for each fund will link you to the OpenFIGI search page to lookup FIGI identifiers.
* Reporting Period represents the reporting period end date from the NPORT-P filing.
* For full disclosures, please visit our disclosures page.
Provenance & Documents
Issuance → amendments → reports. Tap to view on SEC.2023-08-11
Pooling and Servicing Agreement (PSA)
Document filing with updated information.
View on SEC →Context & Commentary#
Entity Statements
💬 Servicer Commentary
2025-12-30
Prospectus ID: 2A
Loan transferred to SS on 3/25 due to default associated with properties with a total ALA representing over 40% of total ALA having been rejected in BK court. The Loan is a $425MM 1st lien, fixed-rate, interest-only, mortgage loan. The $425MM Loan is comprised of 9 notes, secured by fee & leasehold interest in 42, primarily grocery store properties. The 42 Properties, were 100% leased to six tenants, pursuant to triple net ( NNN ) leases, consisted of 31 retail Properties, 7 industrial, and 4 of fice Properties located in 8 states. In 3Q24, the tenants in the 3 largest properties filed BK. The BK's ultimately resulted in the rejection of leases on 9 of the pools 42 properties by 3/31/25. Those lease rejections represented 45% of the Loan's A LA. The Borrower contacted the Master in 3/25 and self-reported. The 2023 UW appraisals have go dark values that allow the Trust to quantify the potential diminution of value associated with the subject buildings going dark.
💬 Servicer Commentary
2025-12-30
Portfolio (42 Retail properties)
Oak Street Real Estate Capital Net Lease Property Fund LP
Prospectus ID: 2
Loan transferred to SS on 3/25 due to default associated with properties with a total ALA representing over 40% of total ALA having been rejected in BK court. The Loan is a $425MM 1st lien, fixed-rate, interest-only, mortgage loan. The $425MM Loan is comprised of 9 notes, secured by fee & leasehold interest in 42, primarily grocery store properties. The 42 Properties, were 100% leased to six tenants, pursuant to triple net ( NNN ) leases, consisted of 31 retail Properties, 7 industrial, and 4 of fice Properties located in 8 states. In 3Q24, the tenants in the 3 largest properties filed BK. The BK's ultimately resulted in the rejection of leases on 9 of the pools 42 properties by 3/31/25. Those lease rejections represented 45% of the Loan's A LA. T he Borrower contacted the Master in 3/25 and self-reported. The 2023 UW appraisals have go dark values that allow the Trust to quantify the potential diminution of value associated with the subject buildings going dark.
💬 Servicer Commentary
2025-12-30
Prospectus ID: 2B
Loan transferred to SS on 3/25 due to default associated with properties with a total ALA representing over 40% of total ALA having been rejected in BK court. The Loan is a $425MM 1st lien, fixed-rate, interest-only, mortgage loan. The $425MM Loan is comprised of 9 notes, secured by fee & leasehold interest in 42, primarily grocery store properties. The 42 Properties, were 100% leased to six tenants, pursuant to triple net ( NNN ) leases, consisted of 31 retail Properties, 7 industrial, and 4 of fice Properties located in 8 states. In 3Q24, the tenants in the 3 largest properties filed BK. The BK's ultimately resulted in the rejection of leases on 9 of the pools 42 properties by 3/31/25. Those lease rejections represented 45% of the Loan's A LA. T he Borrower contacted the Master in 3/25 and self-reported. The 2023 UW appraisals have go dark values that allow the Trust to quantify the potential diminution of value associated with the subject buildings going dark.
External Analysis
No external analysis linked yet. Contact us to publish and link your research.Have a source-backed note on this deal? Contact us.
Datasets & API#
Machine-readable spec (ODPS): /odps/cmbs-deals.yamlGET https://api.dealcharts.org/deals/bank52023-5yr1
{
"deal_id": "bank52023-5yr1",
"issuer": "",
"shelf": "",
"issue_date": "",
"linked_entities": [
{
"role": "Rating Agencies",
"name": "S&P, Fitch, KBRA"
},
{
"role": "Controlling Class",
"name": "Basis Investment Group, LLC"
},
{
"role": "Operating Advisor",
"name": "Pentalpha Surveillance"
},
{
"role": "Certificate Administrator",
"name": "Computershare Trust Company, N.A."
},
{
"role": "Master Servicer",
"name": "Wells Fargo Bank, National Association"
},
{
"role": "Special Servicer",
"name": "CWCapital Asset Management"
},
{
"role": "Depositor",
"name": "Wells Fargo Commercial Mortgage Securities, Inc."
},
{
"role": "Trustee",
"name": "Computershare Trust Company, N.A."
},
{
"role": "Master Servicer",
"name": "Trimont Real Estate Advisors"
}
]
}Access the underlying datasets used to power these analytics.
CMBS Fund Holdings Dataset
Filing data from sec.gov NPORT-P to produce the Fund Holdings table.
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CREFC IRP standardized datasets
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