BANK5 2023-5YR1
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated June 29, 2026.2026-06-29
Coverage: —Freshness: —Latency: —Last schema change: —
Quick Answer
What is BANK5 2023-5YR1? A US commercial mortgage-backed security issued March 2023 ($1.0B; 30 loans; 145 properties).
Identifiers: Shelf BANK5; 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.
What it means for you: This is the reported figure—the same for everyone, and it takes no one's side. For what it means from a specific position, email cairn+page@cmdrvl.com —name the CUSIP you hold (or a seat you're sizing up) and Cairn tailors the read to your position, with the receipts.
Machine-readable data: https://dealcharts.org/llm/facts/bank52023-5yr1.json · API docs
Who's Involved#
Rating AgenciesS&P, Fitch, KBRA
Controlling ClassBasis Investment Group, LLC
Special ServicerCWCapital Asset Management
TrusteeComputershare Trust Company, N.A.
Certificate AdministratorComputershare Trust Company, N.A.
Master ServicerTrimont Real Estate Advisors
Master ServicerWells Fargo Bank, National Association
DepositorWells Fargo Commercial Mortgage Securities, Inc.
Operating AdvisorPentalpha Surveillance
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
$896,584,485Number 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
1.80xWA DSCR (NCF) Current
1.68xOriginal Valuation
$7,344,490,000Current Valuation
$7,344,490,000Key Dates
Origination Date
3/14/2023Latest Valuation
N/ALatest Transfer
2/20/2026Latest Return
1/9/2026Latest Modification
N/ASpecial Servicing Status
Loans in Special Servicing
3Special Servicing Balance
$92,347,333Loans Returned to Master
3Balance Returned
$59,859,843Avg Time in Special Servicing
132 daysAvg Time to Return
245 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 • 2026-05-28| Fund Name | Filing Date | FIGI | LEI | Tranches | Total Value | Reporting Period |
|---|---|---|---|---|---|---|
| American Funds Multi-Sector Income Fund | 2026-05-28 | Search FIGI | Lookup LEI | B | $10,756,532 | 2026-12-31 |
| Bond Fund of America | 2026-05-28 | Search FIGI | Lookup LEI | A-3 | $5,933,407 | 2026-12-31 |
| Capital Income Builder | 2026-03-30 | Search FIGI | Lookup LEI | B | $5,366,951 | 2026-10-31 |
| 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 | 2026-04-27 | Search FIGI | Lookup LEI | A-3 | $2,760,593 | 2026-08-31 |
| American Funds Strategic Bond Fund | 2026-05-28 | Search FIGI | Lookup LEI | B | $1,777,435 | 2026-12-31 |
| Short-Term Bond Fund of America | 2026-04-27 | Search FIGI | Lookup LEI | A-3 | $1,519,831 | 2026-08-31 |
| DoubleLine Yield Opportunities Fund | 2026-05-28 | Search FIGI | Lookup LEI | X-A | $851,529 | 2026-09-30 |
| Fund Name | Tranches | Ids |
|---|---|---|
| American Funds Multi-Sector Income Fund $10,756,532 2026-12-31 | B | Search FIGI Lookup LEI |
| Bond Fund of America $5,933,407 2026-12-31 | A-3 | Search FIGI Lookup LEI |
| Capital Income Builder $5,366,951 2026-10-31 | 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 $2,760,593 2026-08-31 | A-3 | Search FIGI Lookup LEI |
| American Funds Strategic Bond Fund $1,777,435 2026-12-31 | B | Search FIGI Lookup LEI |
| Short-Term Bond Fund of America $1,519,831 2026-08-31 | A-3 | Search FIGI Lookup LEI |
| DoubleLine Yield Opportunities Fund $851,529 2026-09-30 | X-A | Search FIGI Lookup LEI |
9 of 9 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#
Curious about data-center or AI-tenant exposure across CMBS collateral? See AI & data-center exposure →
Entity Statements
💬 Servicer Commentary
2026-06-29
Prospectus ID: 1A
The loan transferred into special servicing effective 2/20/2026. The collateral consists of five industrial properties in California, Utah, South Carolina, Ohio, and North Carolina. The loan transferred to special servicing after borrower notified t he special servicer that they had pledged one of the SPE entities to another company that had scheduled a UCC foreclosure sale. The sale was eventually cancelled. The collateral is 100% occupied by CVB, a Borrower affiliated company; however, CVB i s dark and has subleased out many of the facilities based on the 2026 site inspections. The Borrower signed a PNA, and discussions between borrower and special servicer have commenced. The special servicer is evaluating rights and remedies as outlined in the loan documents while also continuing discussions with the Borrower.
💬 Servicer Commentary
2026-06-29
National Warehouse & Distribution Portfolio
Prospectus ID: 1
The loan transferred into special servicing effective 2/20/2026. The collateral consists of five industrial properties in California, Utah, South Carolina, Ohio, and North Carolina. The loan transferred to special servicing after borrower notified t he special servicer that they had pledged one of the SPE entities to another company that had scheduled a UCC foreclosure sale. The sale was eventually cancelled. The collateral is 100% occupied by CVB, a Borrower affiliated company; however, CVB is dark and has subleased out many of the facilities based on the 2026 site inspections. The Borrower signed a PNA, and discussions between borrower and special servicer have commenced. The special servicer is evaluating rights and remedies as outline d in the loan documents while also continuing discussions with the Borrower.
💬 Servicer Commentary
2026-06-29
National Warehouse & Distribution Portfolio
Prospectus ID: 1B
The loan transferred into special servicing effective 2/20/2026. The collateral consists of five industrial properties in California, Utah, South Carolina, Ohio, and North Carolina. The loan transferred to special servicing after borrower notified t he special servicer that they had pledged one of the SPE entities to another company that had scheduled a UCC foreclosure sale. The sale was eventually cancelled. The collateral is 100% occupied by CVB, a Borrower affiliated company; however, CVB i s dark and has subleased out many of the facilities based on the 2026 site inspections. The Borrower signed a PNA, and discussions between borrower and special servicer have commenced. The special servicer is evaluating rights and remedies as outlined in the loan documents while also continuing discussions with the Borrower.
💬 Servicer Commentary
2025-12-30
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. 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
Save Mart Supermarkets - Vacaville, Ca (2)
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
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
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This deal's collateral and ratings data changes over time. Who is watching it for you?
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Datasets & API#
Machine-readable spec (ODPS): /odps/cmbs-deals.yamlGET https://api.dealcharts.org/deals/bank52023-5yr1
{
"deal_id": "bank52023-5yr1",
"issuer": "",
"shelf": "BANK5",
"issue_date": "",
"linked_entities": [
{
"role": "Rating Agencies",
"name": "S&P, Fitch, KBRA"
},
{
"role": "Controlling Class",
"name": "Basis Investment Group, LLC"
},
{
"role": "Special Servicer",
"name": "CWCapital Asset Management"
},
{
"role": "Trustee",
"name": "Computershare Trust Company, N.A."
},
{
"role": "Certificate Administrator",
"name": "Computershare Trust Company, N.A."
},
{
"role": "Master Servicer",
"name": "Trimont Real Estate Advisors"
},
{
"role": "Master Servicer",
"name": "Wells Fargo Bank, National Association"
},
{
"role": "Depositor",
"name": "Wells Fargo Commercial Mortgage Securities, Inc."
},
{
"role": "Operating Advisor",
"name": "Pentalpha Surveillance"
}
]
}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
Get the standardized dataset following the CREFC IRP format, ideal for advanced reporting and analysis.
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