6,623 charts

BBCMS 2023-5C23 - Charts and Resources

Data discoverability for CMBS deal BBCMS 2023-5C23 updated as of 2025-03-28.

2025-03-28

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 33 properties across 11 U.S. states.
Rating AgenciesS&P, Fitch, KBRAControlling ClassLNR SECURITIES HOLDINGS, LLC OR ITS AFFILIATEDepositorBarclays Commercial Mortgage SecuritiesMaster ServicerMidland Loan ServicesSpecial ServicerLNR PartnersTrusteeComputershare Trust Company, N.A.Certificate AdministratorComputershare Trust Company, N.A.Operating AdvisorPark Bridge Lender Services

Deal Metrics

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

Key Deal Information

Core financial metrics and portfolio characteristics of the deal.
Original Trust Amount
$721,320,000
Current Trust Amount
$721,320,000(N/A)
Number of Loans
31
Number of Properties
33
Average Loan Size
$23,268,387
Weighted Average Interest Rate
7.5%
Weighted Average Term
59 months

Key Dates

Timeline of significant events and milestones in the deal's history.
Origination Date
11/5/2023
Most Recent Valuation Date
1/22/2025
Most Recent Transfer Date
2/10/2025
Most Recent Return Date
N/A
Most Recent Modification Date
N/A

Special Servicing

Status and history of loans transferred to special servicing.
Loans in Special Servicing
2
Special Servicing Balance
$56,000,000
Loans Returned to Master
0
Balance Returned to Master
N/A
Avg Special Servicing Time
185 days
Avg Time to Return to Master
0 days

Modifications

Summary of loan modifications and affected balances.
Number of Modifications
0
Modified Amount
N/A

Valuations

Property valuation changes and updates since deal issuance.
Total Valuation at Issuance
$3,470,465,000
Current Total Valuation
$3,414,265,000
Number of Updated Valuations
1
Total Updated Valuation
$98,100,000
Valuation Change Amount
-$48,200,000
Valuation Change Percentage
-55.9%

Deal Charts

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.
Fund NameFiling DateFIGILEITranchesTotal ValueReporting Period
Fidelity Real Estate Income Fund2024-12-27Search FIGILookup LEIA-S$2,692,8322025-07-31
iShares CMBS ETF2025-03-27Search FIGILookup LEIA-S$1,071,9772025-10-31
Intermediate Bond Fund of America2025-01-23Search FIGILookup LEIA-S$838,6042025-08-31
BlackRock Total Return Fund2025-02-26Search FIGILookup LEID$546,1972025-09-30
Short-Term Bond Fund of America2025-01-23Search FIGILookup LEIA-S$418,7622025-08-31
Bridge Builder Core Plus Bond Fund2025-02-26Search FIGILookup LEID$188,6502025-06-30
Columbia Short Duration Bond ETF2025-03-27Search FIGILookup LEIA-3$131,7042025-10-31
Fund NameTranchesIds
Fidelity Real Estate Income Fund
$2,692,832
2025-07-31		A-SSearch FIGI
Lookup LEI
iShares CMBS ETF
$1,071,977
2025-10-31		A-SSearch FIGI
Lookup LEI
Intermediate Bond Fund of America
$838,604
2025-08-31		A-SSearch FIGI
Lookup LEI
BlackRock Total Return Fund
$546,197
2025-09-30		DSearch FIGI
Lookup LEI
Short-Term Bond Fund of America
$418,762
2025-08-31		A-SSearch FIGI
Lookup LEI
Bridge Builder Core Plus Bond Fund
$188,650
2025-06-30		DSearch FIGI
Lookup LEI
Columbia Short Duration Bond ETF
$131,704
2025-10-31		A-3Search FIGI
Lookup LEI
* 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.

Recent Special Servicing 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.

2/11/2025 - 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 20 24 and Beryl in July 2024. Borrower has been using funds to pay for capital repairs. Property is ~70% occupied. Lender will continue workout discussions with the borrower while dual tracking foreclosure. Lender will be moving

2025-03-28
Rockridge Apartments
Dr. Fercan E. Kalkan
* 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.

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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

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