{"filing":{"accession_number":"0001888524-26-016490","cik":"0001967945","ticker":null,"company_name":"BANK5 2023-5YR1","form":"8-K","filing_date":"2026-09-01","report_date":"2026-09-01","primary_document":"bak235yr_8k-09012026.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1967945/000188852426016490/bak235yr_8k-09012026.htm"},"events":[{"id":30994,"run_id":28425,"accession_number":"0001888524-26-016490","anchor_item_number":"6.02","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.75,"summary":"This disclosure reports a change of special servicer for a mortgage-backed securitization pool under Item 6.02. Greystone Servicing Company LLC sold its special servicing division to C-IV Asset Management LLC, which assumed all duties and liabilities for approximately 60 transactions representing $20.7 billion in aggregate principal balance as of June 30, 2026. While the servicer change itself is administrative, the scale of the portfolio transfer (60 CMBS and other transactions, $20.7 billion in assets) and the operational continuity measures described (key employee retention, compliance procedures, business continuity planning) indicate this is a material operational event affecting the securitization's servicing infrastructure.","company_name":"BANK5 2023-5YR1","ticker":null,"filing_date":"2026-09-01","form":"8-K","submitted_at":null,"items":[{"id":33760,"accession_number":"0001888524-26-016490","item_number":"6.02","item_title":"Change of Servicer or Trustee.","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"This disclosure reports a change of special servicer for a mortgage-backed securitization pool under Item 6.02. Greystone Servicing Company LLC sold its special servicing division to C-IV Asset Management LLC, which assumed all duties and liabilities for approximately 60 transactions representing $20.7 billion in aggregate principal balance as of June 30, 2026. While the servicer change itself is administrative, the scale of the portfolio transfer (60 CMBS and other transactions, $20.7 billion in assets) and the operational continuity measures described (key employee retention, compliance procedures, business continuity planning) indicate this is a material operational event affecting the securitization's servicing infrastructure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-01T20:26:53.827377+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":33760,"accession_number":"0001888524-26-016490","item_number":"6.02","item_title":"Change of Servicer or Trustee.","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"This disclosure reports a change of special servicer for a mortgage-backed securitization pool under Item 6.02. Greystone Servicing Company LLC sold its special servicing division to C-IV Asset Management LLC, which assumed all duties and liabilities for approximately 60 transactions representing $20.7 billion in aggregate principal balance as of June 30, 2026. While the servicer change itself is administrative, the scale of the portfolio transfer (60 CMBS and other transactions, $20.7 billion in assets) and the operational continuity measures described (key employee retention, compliance procedures, business continuity planning) indicate this is a material operational event affecting the securitization's servicing infrastructure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-01T20:26:53.827377+00:00","company_name":"BANK5 2023-5YR1","ticker":null,"filing_date":"2026-09-01"}]}