BBCMS 2023-5C23 - Charts and Resources
Data discoverability for CMBS deal BBCMS 2023-5C23 updated as of 2025-07-29.
2025-07-29
Deal Overview
BBCMS Mortgage Trust 2023-5C23's issuance is a U.S. CMBS transaction issued from the BBCMS shelf and backed by 31 commercial mortgage loans with an aggregate principal balance of 721.3 million at issuance, secured by the fee and leasehold interests in 37 properties across 11 U.S. states.CIK
1998392
Rating AgenciesS&P, Fitch, KBRA
Controlling ClassLNR SECURITIES HOLDINGS, LLC OR ITS AFFILIATE
Certificate AdministratorComputershare Trust Company, N.A.
Special ServicerLNR Partners
Operating AdvisorPark Bridge Lender Services
TrusteeComputershare Trust Company, N.A.
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
$721,320,000Current Trust Amount
$721,320,000Number of Loans
31Number of Properties
37Average Loan Size
$23,268,387Portfolio Characteristics
Weighted Average Interest Rate
7.5%Weighted Average Term
59 monthsOriginal Valuation
$4,140,665,000Current Valuation
$4,084,465,000Key Dates
Origination Date
11/6/2023Latest Valuation
1/23/2025Latest Transfer
7/7/2025Latest Return
N/ALatest Modification
N/ASpecial Servicing Status
Loans in Special Servicing
4Special Servicing Balance
$74,500,000Loans Returned to Master
0Balance Returned
N/AAvg Time in Special Servicing
237 daysAvg Time to Return
0 daysValuation Changes
Updated Valuations
1Total Updated Value
$38,100,000Value Change Amount
-$48,200,000Value Change Percentage
-55.9%Modifications
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 Holdings
Explore a list of funds that include BBCMS 2023-5C23 bonds in their portfolios, sourced directly from the most recent NPORT-P filings on EDGAR SEC.gov. The funds in this table should have a reporting period end date in the future which means the holdings are current as of the most recent filing.* 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.
Recent Commentary
Special servicers provide regular updates on the status of troubled loans. Below are recent comments from special servicing reports filed with sec.gov EDGAR for BBCMS 2023-5C23, giving insights into the current situation and actions being taken.💬 Servicer Commentary
2025-06-30
Rockridge Apartments
Dr. Fercan E. Kalkan
Prospectus ID: 6
6/11/2025 - 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 2024 and Beryl in July 2024. Borrower has been using funds to pay for capital repairs. Property was previously reported ~70% occupied. Borrower declared bankruptcy prior to implementation of the receiver. Lender will proceed via
💬 Servicer Commentary
2025-06-30
47 East 129th St
Salomon Smeke Saba
Prospectus ID: 26
6/11/2025 - 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, NY. Counsel is being retained and Lender will move forward with enforcement actions while continuing discussions with the Borrower
💬 Servicer Commentary
2025-06-30
919-921 Lombard Street
Abe Cohen
Prospectus ID: 31
6/11/2025 - 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-up 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 un it (16.7% of Units) and five 2BR/2BA bi-level units (83.3% of Units). Borrower proposed a DPO. Based on the Sponsor''s take out loan term sheet for $62MM, a total of $2.3MM is allocated for the subject loan and property. Payoff and Bring Current statement s have been ordered. Awaiting current and historical property financials from the Borrower. Continuing discussions of possible alternatives to foreclosure with Borrower while simultaneously pursuing
* This list shows only a few of the most recent special servicing commentaries. We are continuously updating our coverage!
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
* The tagged date represents the date of the Edgar sec.gov filing.
* For full disclosures, please visit our disclosures page.
Get some data
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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