BANK5 2023-5YR1 – Deal Overview & Connected Data
Explore verified charts, linked entities, and recent activity for this CMBS deal. Data last updated October 1, 2025.2025-10-01
Context Brief
- What it is: A 2025-vintage CMBS transaction issued by BANK5 2023-5YR1, backed by 36 loans across 145 commercial properties, totaling $1,026,124,999 in collateral. Structured as a multi-borrower conduit deal.
- What's notable: Strong entity coverage with 9 verified counterparties and comprehensive cross-referenced collateral from prior series.
- Key identifiers: CIK 1967945 | Shelf — | Series bank52023-5yr1 | Issued 2025-Q1
- Verify: Review source filings in Deal Documents, or confirm entity ownership via Verified Profiles.
📋 Quick Links
Who's Involved#
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
$1,021,833,874Number of Loans
36Number of Properties
145Average Loan Size
$28,503,472Portfolio Characteristics
Weighted Average Interest Rate
6.4%Weighted Average Term
60 monthsOriginal 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
160 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
Visual analytics and interactive charts showing the deal's performance over time. Track key metrics like balance, delinquency rates, and special servicing status through interactive visualizations.
Fund Exposure#
Source: NPORT-P & related disclosures • 2025-08-26| Fund Name | Tranches | Ids |
|---|---|---|
| American Funds Multi-Sector Income Fund $10,981,944 2025-12-31 | B | Search FIGI Lookup LEI |
| Bond Fund of America $6,009,068 2025-12-31 | A-3 | Search FIGI Lookup LEI |
| Capital Income Builder $5,400,490 2025-10-31 | B | Search FIGI Lookup LEI |
| American Balanced Fund $4,929,370 2025-12-31 | A-3 | Search FIGI Lookup LEI |
| Intermediate Bond Fund of America $2,756,344 2025-08-31 | A-3 | Search FIGI Lookup LEI |
| Capital Group KKR Multi-Sector (plus) $2,084,508 2025-12-31 | B | Search FIGI Lookup LEI |
| American Funds Strategic Bond Fund $1,814,683 2025-12-31 | B | Search FIGI Lookup LEI |
| DoubleLine Yield Opportunities Fund $1,549,417 2025-09-30 | X-A | Search FIGI Lookup LEI |
| Short-Term Bond Fund of America $1,517,491 2025-08-31 | A-3 | Search FIGI Lookup LEI |
| STERLING CAPITAL ENHANCED CORE BOND ETF $1,445,838 2025-12-31 | A-3 | Search FIGI Lookup LEI |
| VIP Investment Grade Bond II Portfolio $820,081 2025-12-31 | A-2 | Search FIGI Lookup LEI |
| Rareview Total Return Bond ETF $227,581 2025-09-30 | D | Search FIGI Lookup LEI |
12 of 12 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
2025-10-01
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 ALA. 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 into 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 value 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
💬 Servicer Commentary
2025-10-01
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 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 ALA. 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 into 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 value 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
💬 Servicer Commentary
2025-10-01
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 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 ALA. 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 into 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 value 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
External Analysis
No external analysis linked yet. Become a Verified Contributor to publish and link your research.Have a source-backed note on this deal? Add verified context and help the market ground analysis in citations.
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": "Master Servicer",
"name": "Wells Fargo Bank, National Association"
},
{
"role": "Certificate Administrator",
"name": "Computershare Trust Company, N.A."
},
{
"role": "Trustee",
"name": "Computershare Trust Company, N.A."
},
{
"role": "Special Servicer",
"name": "CWCapital Asset Management"
},
{
"role": "Depositor",
"name": "Wells Fargo Commercial Mortgage Securities, Inc."
},
{
"role": "Operating Advisor",
"name": "Pentalpha Surveillance"
},
{
"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.
Paid
CREFC IRP standardized datasets
Get the standardized dataset following the CREFC IRP format, ideal for advanced reporting and analysis.
Paid
Free to Explore
Dealcharts remains free to explore. Verification funds stewardship of the public context graph.