BBCMS 2023-5C23 – 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 BBCMS 2023-5C23? A US commercial mortgage-backed security ($721.3M; 31 loans; 37 properties).

Identifiers: Series bbcms2023-5c23; CIK 1998392.

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 1998392.

Who's Involved#

Rating AgenciesS&P, Fitch, KBRA
Controlling ClassLNR SECURITIES HOLDINGS, LLC OR ITS AFFILIATE
TrusteeComputershare Trust Company, N.A.
Special ServicerLNR Partners
Certificate AdministratorComputershare Trust Company, N.A.
Operating AdvisorPark Bridge Lender Services
Master ServicerMidland Loan Services
DepositorBarclays Commercial Mortgage Securities

Deal Metrics

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

Deal Overview

Original Trust Amount
$721,320,000
Current Trust Amount
$721,320,000
Number of Loans
31
Number of Properties
37
Average Loan Size
$23,268,387

Portfolio Characteristics

Weighted Average Interest Rate
7.5%
Weighted Average Term
59 months
Original Valuation
$4,140,665,000
Current Valuation
$4,084,465,000

Key Dates

Origination Date
11/6/2023
Latest Valuation
1/23/2025
Latest Transfer
7/7/2025
Latest Return
N/A
Latest Modification
N/A

Special Servicing Status

Loans in Special Servicing
4
Special Servicing Balance
$74,500,000
Loans Returned to Master
0
Balance Returned
N/A
Avg Time in Special Servicing
340 days
Avg Time to Return
0 days

Valuation Changes

Updated Valuations
1
Total Updated Value
$38,100,000
Value Change Amount
-$48,200,000
Value Change Percentage
-55.9%

Modifications

Number of Modifications
0
Modified Balance
N/A

Fund Exposure#

Source: NPORT-P & related disclosures • 2025-10-27
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
JPMorgan Income ETF2025-10-29Search FIGILookup LEIA-3$4,636,7972026-02-28
PGIM Balanced Fund2025-08-27Search FIGILookup LEIA-3$2,651,0862025-09-30
THRIVENT MODERATE ALLOCATION PORTFOLIO2025-05-28Search FIGILookup LEIA-2$2,598,6152025-12-31
Bond Fund of America2025-08-25Search FIGILookup LEIA-S$857,8692025-12-31
Intermediate Bond Fund of America2025-10-27Search FIGILookup LEIA-S$836,8932025-08-31
Master Total Return Portfolio2024-08-26Search FIGILookup LEID$537,5632024-09-30
Short-Term Bond Fund of America2025-10-27Search FIGILookup LEIA-S$417,9082025-08-31
Capital Group Core Bond Completion Fund2025-08-25Search FIGILookup LEIA-S$323,3182025-12-31
Columbia Short Duration Bond ETF2025-09-24Search FIGILookup LEIA-3$131,6132025-10-31
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.
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 →
2023-12-07
Pooling and Servicing Agreement (PSA)
Document filing with updated information.
View on SEC →
2023-11-20
Pooling and Servicing Agreement (PSA)
Document filing with updated information.
View on SEC →
2023-11-20
Final Prospectus
Document filing with updated information.
View on SEC →
2023-11-13
Annex A
Document filing with updated information.
View on SEC →
2023-11-13
Final Termsheet
Document filing with updated information.
View on SEC →
2023-11-13
Preliminary Prospectus
Document filing with updated information.
View on SEC →

Context & Commentary#

Entity Statements

💬 Servicer Commentary

2025-10-31
Staybridge Suites - Austin Airport
Armando Batarse Cardenas
Prospectus ID: 17
10/14/2025 - The loan is 60+days delinquent and transferred to Special Servicing on 7/9/2025. Collateral is a 161 room extended stay hotel, operating as a Staybridge Suites, located in the Airport submarket of Austin, TX. Legal counsel is being retained and Notice of Default has been issued. Lender is reviewing Borrower''s request for FF&E and PIP reimbursements. Proceeding with dual track enforcement and modification discussions.
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💬 Servicer Commentary

2025-10-31
Rockridge Apartments
Dr. Fercan E. Kalkan
Prospectus ID: 6
10/14/2025 - The loan transferred to special servicing for payment default on 10/9/2024. Property is an 881 unit multi-family complex in Houston, TX southwest of George Bush Airport in Greenpoint. Property experienced damage during the Wind Storm in May 2 024 and Beryl in July 2024. Borrower had been using funds to pay for capital repairs. Property was reported ~74% occupied on 3.31.25 by the borrower. Borrower declared bankruptcy prior to implementation of the receiver. Case has proceeded in bankruptcy co urt with a relief from stay granted 7/24 while maintaining the 2 week appeal period. Lender filed for Receivership 8/11 and was granted the receivership 8/20. Receiver is in control and assessing the status of the property. Receiver through thorough insp ection estimated the property is 50% physically occupied.
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💬 Servicer Commentary

2025-10-31
47 East 129th St
Salomon Smeke Saba
Prospectus ID: 26
10/14/2025 - Loan transferred to the Special Servicer on 05-09-2025, due to Delinquent Payments. The Loan is secured by a 4-story walk-up multifamily apartment building with 10 free market residential units in the Central Harlem neighborhood in New York,N Y. Counsel is being retained and Lender will move forward with enforcement actions while continuing discussions with the Borrower.
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💬 Servicer Commentary

2025-10-31
919-921 Lombard Street
Abe Cohen
Prospectus ID: 31
10/14/2025 - The Loan transferred on 02/14/2025 due to Delinquent Payments after Borrower failed to make the December 2024 Payment. Loan does not have a lockbox in place; however, the Loan Documents note springing provisions. Collateral is a 6-unit walk-u p low-rise multifamily property located in Philadelphia, PA. Built in 1928, and renovated in 2023, the Property is improved with two, four-story buildings totaling 6,700 sq. ft. and situated on a 0.07 acre site. The unit mix consists of a 1BR/1BA unit (16 .7% of Units) and five 2BR/2BA bi-level units (83.3% of Units). Continuing to dual-track foreclosure with workout discussions.
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External Analysis

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Datasets & API#

Machine-readable spec (ODPS): /odps/cmbs-deals.yaml
GET https://api.dealcharts.org/deals/bbcms2023-5c23
{
  "deal_id": "bbcms2023-5c23",
  "issuer": "",
  "shelf": "",
  "issue_date": "",
  "linked_entities": [
  {
    "role": "Rating Agencies",
    "name": "S&P, Fitch, KBRA"
  },
  {
    "role": "Controlling Class",
    "name": "LNR SECURITIES HOLDINGS, LLC OR ITS AFFILIATE"
  },
  {
    "role": "Trustee",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Special Servicer",
    "name": "LNR Partners"
  },
  {
    "role": "Certificate Administrator",
    "name": "Computershare Trust Company, N.A."
  },
  {
    "role": "Operating Advisor",
    "name": "Park Bridge Lender Services"
  },
  {
    "role": "Master Servicer",
    "name": "Midland Loan Services"
  },
  {
    "role": "Depositor",
    "name": "Barclays Commercial Mortgage Securities"
  }
]
}


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