BANK5 2023-5YR1 – Deal Overview & Connected Data

Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated October 31, 2025.
2025-10-31
Coverage: Freshness: Latency: Last schema change:

Quick Answer

What is BANK5 2023-5YR1? A US commercial mortgage-backed security ($1.0B; 36 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.

Who's Involved#

Rating AgenciesS&P, Fitch, KBRA
Controlling ClassBasis Investment Group, LLC
Certificate AdministratorComputershare Trust Company, N.A.
Master ServicerWells Fargo Bank, National Association
Special ServicerCWCapital Asset Management
DepositorWells Fargo Commercial Mortgage Securities, Inc.
Master ServicerTrimont Real Estate Advisors
Operating AdvisorPentalpha Surveillance
TrusteeComputershare Trust Company, N.A.

Deal Metrics

Key performance indicators and statistics tracking the deal's current status and history.

Deal Overview

Original Trust Amount
$1,026,124,999
Current Trust Amount
$940,400,032
Number of Loans
36
Number of Properties
145
Average Loan Size
$28,503,472

Portfolio Characteristics

Weighted Average Interest Rate
6.4%
Weighted Average Term
60 months
Original Valuation
$7,344,490,000
Current Valuation
$7,344,490,000

Key Dates

Origination Date
3/14/2023
Latest Valuation
1/1/1970
Latest Transfer
5/9/2025
Latest Return
N/A
Latest Modification
N/A

Special Servicing Status

Loans in Special Servicing
3
Special Servicing Balance
$97,500,000
Loans Returned to Master
0
Balance Returned
N/A
Avg Time in Special Servicing
193 days
Avg Time to Return
0 days

Valuation Changes

Updated Valuations
0
Total Updated Value
N/A
Value Change Amount
N/A
Value Change Percentage
N/A

Modifications

Number of Modifications
0
Modified Balance
N/A

Fund Exposure#

Source: NPORT-P & related disclosures • 2025-08-25
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
American Funds Multi-Sector Income Fund2025-08-25Search FIGILookup LEIB$10,981,9442025-12-31
JPMorgan Income ETF2025-10-29Search FIGILookup LEIA-3$6,046,1612026-02-28
Bond Fund of America2025-08-25Search FIGILookup LEIA-3$6,009,0682025-12-31
Capital Income Builder2025-09-25Search FIGILookup LEIB$5,400,4902025-10-31
American Balanced Fund2025-08-25Search FIGILookup LEIA-3$4,929,3702025-12-31
Intermediate Bond Fund of America2025-10-27Search FIGILookup LEIA-3$2,775,2052025-08-31
Capital Group KKR Multi-Sector (plus)2025-08-26Search FIGILookup LEIB$2,084,5082025-12-31
American Funds Strategic Bond Fund2025-08-25Search FIGILookup LEIB$1,814,6832025-12-31
DoubleLine Yield Opportunities Fund2025-08-22Search FIGILookup LEIX-A$1,549,4172025-09-30
Short-Term Bond Fund of America2025-10-27Search FIGILookup LEIA-3$1,527,8752025-08-31
STERLING CAPITAL ENHANCED CORE BOND ETF2025-08-26Search FIGILookup LEIA-3$1,445,8382025-12-31
VIP Investment Grade Bond II Portfolio2025-08-22Search FIGILookup LEIA-2$820,0812025-12-31
Rareview Total Return Bond ETF2025-08-28Search FIGILookup LEID$227,5812025-09-30
13 of 13 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.
Filings are mapped to tranches/deals with normalized identifiers.Quality & lineageFund not listed or misattributed? Contact us at data@dealcharts.org to ensure accurate exposure mapping.

Provenance & Documents

Issuance → amendments → reports. Tap to view on SEC.
2025-10-31
Latest
Monthly Remittance Report
Document filing with updated information.
View on SEC →
2023-08-11
Pooling and Servicing Agreement (PSA)
Document filing with updated information.
View on SEC →
2023-04-19
Final Prospectus
Document filing with updated information.
View on SEC →
2023-03-30
Final Termsheet
Document filing with updated information.
View on SEC →
2023-03-23
Preliminary Prospectus
Document filing with updated information.
View on SEC →
2023-03-23
Annex A
Document filing with updated information.
View on SEC →
2023-03-13
Preliminary Termsheet
Document filing with updated information.
View on SEC →

Context & Commentary#

Entity Statements

💬 Servicer Commentary

2025-10-31
Save Mart Supermarkets - Vacaville, Ca (2)
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. 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. The Borrower entered in to a 6-mos. forbearance, which requires the Loan remains current, while the Borrower works to get below the 40% level. Lender has approved modification that will provide an immediate $72MM payment guarantee to cover a portion of the diminution in val ue caused by the 9 buildings going dark and retaining an LTV of 40.4%, in return from increasing the 40% ALA default level to 50%. Borrower will incentivize the Borrower to lease or sell the dark
Open Deal →

💬 Servicer Commentary

2025-10-31
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. The Borrower entered in to a 6-mos. forbearance, which requires the Loan remains current, while the Borrower works to get below the 40% level. Lender has approved modification that will provide an immediate $72MM payment guarantee to cover a portion of the diminution in val ue caused by the 9 buildings going dark and retaining an LTV of 40.4%, in return from increasing the 40% ALA default level to 50%. Borrower will incentivize the Borrower to lease or sell the dark
Open Deal →

💬 Servicer Commentary

2025-10-31
Save Mart Supermarkets - Vacaville, Ca (2)
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 office 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. The Borrower entered in to a 6-mos. forbearance, which requires the Loan remains current, while the Borrower works to get below the 40% level. Lender has approved modification that will provide an immediate $72MM payment guarantee to cover a portion of the diminution in val ue caused by the 9 buildings going dark and retaining an LTV of 40.4%, in return from increasing the 40% ALA default level to 50%. Borrower will incentivize the Borrower to lease or sell the dark
Open Deal →

External Analysis

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Datasets & API#

Machine-readable spec (ODPS): /odps/cmbs-deals.yaml
GET 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": "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": "Master Servicer",
    "name": "Trimont Real Estate Advisors"
  },
  {
    "role": "Operating Advisor",
    "name": "Pentalpha Surveillance"
  },
  {
    "role": "Trustee",
    "name": "Computershare Trust Company, N.A."
  }
]
}


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