← BANK5 2026-5YR23 · Loan annex · CMBS market
- Deal
- BANK5 2026-5YR23
- Current balance
- $80.0M (September 2026)
- Share of deal
- 6.8%
- Status
- Current
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2031-05-01
Property and terms
| Property | Springlake (and 36 more properties) |
| Address | 101 South Cambridge 305 Brantley Road and 918 Collins Avenue; 305 Hermitage Road, 300 Cardinal Court 100 Hidden Valley Drive, 4216 Augusta Road; 3 Little Beaver Creek, 106 Green Cherry Rd 3323 Jerry Drive, 3301 Jerry Drive; 200 North Val Verde Road; 264 Holding-young Road 3579 Goose Run, 8 Dogwood Drive; 26 Leisure Lane; 145 Emanuel Farm Road; 5710 Orr Road a/k/a 5710 Orr Road a/k/a 5824 Orr Road; 100 Sheila Lane; 71 Sunset Drive Aka 8 Kimberly Drive; 2706 Dove Lane; 1305 Mcilwain Road; 147 Maple View Drive; 3855 Mechanic Road and 1802 Grantville Lane; 7201 Hunt Club Road; 3840 Us-17; 362 Pine Street and 433 Piney Heights Road; 1009 Rainier Way; 4 Coastal Drive a/k/a 24 Bermuda Drive; 3284 Idlewild Acres and 3265 Idlewild Acres and 3265 Idlewild Drive; 71 Barn Drive; 26 Shelton Road; 137 Merritt Circle a/k/a 112 Merritt Place; 964 Loflin Hill Road; 400 Andrew Circle; 101 Hidden Acres Lane; 100 Brian Circle; 8005 Zebulon Road; 2072 And 2078 Salisbury Highway; 811 West Gold Street; 4540 Highway 321; 1015 Sandpit Road; 2333 Belmeade Drive; 665 Mount Olivet Church Road; 2616 Carl Freeman Avenue; 261 Carteret Road; 388 Pleasant Grove Church Road; Warner Robins, GA (and 36 more) 31093 |
| Property type | Manufactured housing |
| Units, beds or keys | ["218", "185", "165", "404", "138", "113", "105", "83", "91", "92", "95", "110", "73", "72", "78", "70", "82", "64", "72", "61", "49", "52", "55", "55", "40", "44", "35", "44", "44", "37", "32", "39", "26", "28", "23", "22", "23"] |
| Net rentable square feet | not yet reported |
| Year built | not yet reported |
| Year last renovated | not yet reported |
| Original balance | $80.0M |
| Current balance | $80.0M (September 2026) |
| Share of deal balance | 6.8% |
| Interest rate at origination | 6.02% |
| Current interest rate | 6.02% |
| Origination date | 04-30-2026 |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2031-05-01 |
| Prepayment lockout end | 05-05-2028 |
| Yield maintenance end | 11-05-2030 |
| Servicer | Trimont |
| Loan servicer | not yet reported |
| Originator | MSBNA |
| Current status | Current |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $243.0M | 02-01-2026 | not yet reported |
| Most recent reported | not yet reported | not yet reported | ["MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI", "MAI"] |
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| July 2026 | $80.0M | Current | 6.02% | 1.30 | 1.30 | 82% | $0 | 03-31-2026 | $17.2M | $4.1M | $13.1M | $13.1M |
| August 2026 | $80.0M | Current | 6.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2026 | $80.0M | Current | 6.02% | not yet reported | not yet reported | not yet reported | $0 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
Revenue, expenses, net operating income (NOI) and net cash flow (NCF) are the most recent financials reported as of each month, for the financial period ending on the date shown. DSCR is debt service coverage on the net cash flow and net operating income bases as reported.
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.