{"filing":{"accession_number":"0001888524-26-016545","cik":"0001991524","ticker":null,"company_name":"BANK5 2023-5YR3","form":"8-K","filing_date":"2026-09-02","report_date":"2026-09-01","primary_document":"bak23yr3_8k-09012026.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1991524/000188852426016545/bak23yr3_8k-09012026.htm"},"events":[{"id":31225,"run_id":28645,"accession_number":"0001888524-26-016545","anchor_item_number":"6.02","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"summary":"This Item 6.02 discloses a change of servicer in a securitization transaction: Greystone Servicing Company LLC sold its special servicing division to C-IV Asset Management LLC, which assumed all duties and liabilities as special servicer effective September 1, 2026. The transaction involves approximately $20.7 billion in aggregate stated principal balance across 60 transactions. While this is a governance/administrative change in the securitization structure rather than a traditional corporate governance event, it is material to certificateholders as it affects the entity responsible for managing problem loans and servicing the portfolio. The disclosure emphasizes C-IV AM's qualifications, experience, and track record to assure continuity of service.","company_name":"BANK5 2023-5YR3","ticker":null,"filing_date":"2026-09-02","form":"8-K","submitted_at":null,"items":[{"id":34045,"accession_number":"0001888524-26-016545","item_number":"6.02","item_title":"Change of Servicer or Trustee.","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"This Item 6.02 discloses a change of servicer in a securitization transaction: Greystone Servicing Company LLC sold its special servicing division to C-IV Asset Management LLC, which assumed all duties and liabilities as special servicer effective September 1, 2026. The transaction involves approximately $20.7 billion in aggregate stated principal balance across 60 transactions. While this is a governance/administrative change in the securitization structure rather than a traditional corporate governance event, it is material to certificateholders as it affects the entity responsible for managing problem loans and servicing the portfolio. The disclosure emphasizes C-IV AM's qualifications, experience, and track record to assure continuity of service.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-02T13:58:38.842932+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":34045,"accession_number":"0001888524-26-016545","item_number":"6.02","item_title":"Change of Servicer or Trustee.","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"This Item 6.02 discloses a change of servicer in a securitization transaction: Greystone Servicing Company LLC sold its special servicing division to C-IV Asset Management LLC, which assumed all duties and liabilities as special servicer effective September 1, 2026. The transaction involves approximately $20.7 billion in aggregate stated principal balance across 60 transactions. While this is a governance/administrative change in the securitization structure rather than a traditional corporate governance event, it is material to certificateholders as it affects the entity responsible for managing problem loans and servicing the portfolio. The disclosure emphasizes C-IV AM's qualifications, experience, and track record to assure continuity of service.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-02T13:58:38.842932+00:00","company_name":"BANK5 2023-5YR3","ticker":null,"filing_date":"2026-09-02"}]}