Kilambi News
Monday, October 19, 2026

DEFEASED Riverview Tower (BMO 2023-5C1 Mortgage Trust)

Page built October 19, 2026

Property, terms, monthly financial history and surveillance record for a loan in BMO 2023-5C1 Mortgage Trust.

Data as of loan data through September 2026; ratings as held in the dataset at 2026-10-01

← BMO 2023-5C1 Mortgage Trust (segment D02, CIK 1984246) · Loan annex · CMBS market

Deal
BMO 2023-5C1 Mortgage Trust (segment D02, CIK 1984246)
Current balance
$17.2M (September 2026)
Share of deal
2.2%
Status
not yet reported
DSCR (latest)
0.00
Occupancy (latest)
0%
Scheduled maturity
2028-07-06

Property and terms

PropertyDEFEASED Riverview Tower
Addressnot yet reported
Property typeSE
Units, beds or keys0
Net rentable square feet334,198
Year built1984
Year last renovatednot yet reported
Original balance$17.6M
Current balance$17.2M (September 2026)
Share of deal balance2.2%
Interest rate at origination8.00%
Current interest rate8.00%
Origination datenot yet reported
Original term60 months
Amortization term360 months
Interest-only period60 months
Scheduled maturity2028-07-06
Prepayment lockout endnot yet reported
Yield maintenance endnot yet reported
ServicerKeyBank Real Estate Capital
Loan servicernot yet reported
OriginatorBMO
Current statusnot yet reported
Specially serviced nowNo
DefeasedYes

Valuation

BasisAmountDateSource (as filed)
At securitization$40.2M08-01-2023not yet reported
Most recent reported$40.2M2023-08-01MAI

Change from securitization to the most recent reported valuation: 0.0%.

Monthly history

$0$4,747,720$9,495,440$14,243,161$18,990,8812024202520260.00.40.71.11.4202420252026
MonthBalanceStatusRateDSCR (NCF)DSCR (NOI)OccupancyAdvancesFinancial period endRevenueExpensesNOINCF
September 2023$17.6Mnot yet reported8.00%0.000.000%$0not yet reported$0$0$0$0
October 2023$17.6Mnot yet reported8.00%0.000.000%$0not yet reported$0$0$0$0
November 2023$17.6Mnot yet reported8.00%0.000.000%$0not yet reported$0$0$0$0
December 2023$17.6Mnot yet reported8.00%0.000.000%$0not yet reported$0$0$0$0
January 2024$17.5Mnot yet reported8.00%0.000.000%$0not yet reported$0$0$0$0
February 2024$17.5Mnot yet reported8.00%0.000.000%$0not yet reported$0$0$0$0
March 2024$17.5Mnot yet reported8.00%0.950.9784%$012-31-2023$5.4M$3.0M$2.4M$2.3M
April 2024$17.5Mnot yet reported8.00%0.950.9784%$012-31-2023$5.4M$3.0M$2.4M$2.3M
May 2024$17.5Mnot yet reported8.00%0.950.9784%$012-31-2023$5.4M$3.0M$2.4M$2.3M
June 2024$17.5Mnot yet reported8.00%0.970.9994%$003-31-2024$5.5M$3.1M$2.4M$2.3M
July 2024$17.5Mnot yet reported8.00%0.970.9994%$003-31-2024$5.5M$3.1M$2.4M$2.3M
August 2024$17.5Mnot yet reported8.00%1.171.1994%$006-30-2024$3.0M$1.5M$1.4M$1.4M
September 2024$17.5Mnot yet reported8.00%1.171.1995%$006-30-2024$3.0M$1.5M$1.4M$1.4M
October 2024$17.4Mnot yet reported8.00%1.171.1995%$006-30-2024$3.0M$1.5M$1.4M$1.4M
November 2024$17.4Mnot yet reported8.00%1.171.1995%$006-30-2024$3.0M$1.5M$1.4M$1.4M
December 2024$17.4Mnot yet reported8.00%1.121.1595%$009-30-2024$4.5M$2.4M$2.1M$2.0M
January 2025$17.4Mnot yet reported8.00%1.121.1595%$009-30-2024$4.5M$2.4M$2.1M$2.0M
February 2025$17.4Mnot yet reported8.00%1.121.1595%$009-30-2024$4.5M$2.4M$2.1M$2.0M
March 2025$17.4Mnot yet reported8.00%1.161.1896%$012-31-2024$6.0M$3.1M$2.9M$2.8M
April 2025$17.4Mnot yet reported8.00%1.161.1896%$012-31-2024$6.0M$3.1M$2.9M$2.8M
May 2025$17.4Mnot yet reported8.00%1.161.1896%$012-31-2024$6.0M$3.1M$2.9M$2.8M
June 2025$17.4Mnot yet reported8.00%1.161.1896%$012-31-2024$6.0M$3.1M$2.9M$2.8M
July 2025$17.3Mnot yet reported8.00%1.161.1896%$012-31-2024$6.0M$3.1M$2.9M$2.8M
August 2025$17.3Mnot yet reported8.00%1.161.1896%$012-31-2024$6.0M$3.1M$2.9M$2.8M
September 2025$17.3Mnot yet reported8.00%1.161.1896%$012-31-2024$6.0M$3.1M$2.9M$2.8M
October 2025$17.3Mnot yet reported8.00%1.221.2497%$006-30-2025$6.2M$3.2M$3.0M$3.0M
November 2025$17.3Mnot yet reported8.00%1.221.2497%$006-30-2025$6.2M$3.2M$3.0M$3.0M
December 2025$17.3Mnot yet reported8.00%1.221.2497%$006-30-2025$6.2M$3.2M$3.0M$3.0M
January 2026$17.3Mnot yet reported8.00%1.221.2497%$006-30-2025$6.2M$3.2M$3.0M$3.0M
February 2026$17.3Mnot yet reported8.00%1.221.2497%$006-30-2025$6.2M$3.2M$3.0M$3.0M
March 2026$17.2Mnot yet reported8.00%1.311.3396%$012-31-2025$6.5M$3.2M$3.2M$3.2M
April 2026$17.2Mnot yet reported8.00%1.311.3396%$012-31-2025$6.5M$3.2M$3.2M$3.2M
May 2026$17.2Mnot yet reported8.00%0.000.000%$0not yet reported$0$0$0$0
June 2026$17.2Mnot yet reported8.00%0.000.000%$0not yet reported$0$0$0$0
July 2026$17.2Mnot yet reported8.00%0.000.000%$0not yet reported$0$0$0$0
August 2026$17.2Mnot yet reported8.00%0.000.000%$0not yet reported$0$0$0$0
September 2026$17.2Mnot yet reported8.00%0.000.000%$0not yet reported$0$0$0$0

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.

Status timeline

DateEvent
2026-05-11Defeasance recorded (first filing showing defeased status)

Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.