Kilambi News
Monday, October 19, 2026

Gateway Center South (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
$28.5M (September 2026)
Share of deal
3.7%
Status
not yet reported
DSCR (latest)
1.12
Occupancy (latest)
0%
Scheduled maturity
2028-06-05

Property and terms

PropertyGateway Center South
Address501 339-349 505 455 355-361 381-389 409 459 Gateway Drive; Brooklyn, NY 11239
Property typeRetail
Units, beds or keys0
Net rentable square feet355,033
Year built2002
Year last renovatednot yet reported
Original balance$62.5M
Current balance$28.5M (September 2026)
Share of deal balance3.7%
Interest rate at origination6.87%
Current interest rate6.87%
Origination datenot yet reported
Original term60 months
Amortization termnot yet reported
Interest-only period60 months
Scheduled maturity2028-06-05
Prepayment lockout endnot yet reported
Yield maintenance endnot yet reported
ServicerKeyBank Real Estate Capital
Loan servicernot yet reported
OriginatorGACC, 3650 REIT
Current statusnot yet reported
Specially serviced nowNo
DefeasedNo

Valuation

BasisAmountDateSource (as filed)
At securitization$271.1M03-11-2023not yet reported
Most recent reported$271.1M2023-03-11MAI

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

Monthly history

$0$7,695,000$15,390,000$23,085,000$30,780,0002024202520260.00.30.60.91.2202420252026
MonthBalanceStatusRateDSCR (NCF)DSCR (NOI)OccupancyAdvancesFinancial period endRevenueExpensesNOINCF
September 2023$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
October 2023$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
November 2023$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
December 2023$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
January 2024$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
February 2024$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
March 2024$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
April 2024$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
May 2024$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
June 2024$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
July 2024$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
August 2024$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
September 2024$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
October 2024$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
November 2024$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
December 2024$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
January 2025$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
February 2025$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
March 2025$28.5Mnot yet reported6.87%0.000.000%$0not yet reported$0$0$0$0
April 2025$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
May 2025$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
June 2025$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
July 2025$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
August 2025$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
September 2025$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
October 2025$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
November 2025$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
December 2025$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
January 2026$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
February 2026$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
March 2026$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
April 2026$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
May 2026$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
June 2026$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
July 2026$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
August 2026$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M
September 2026$28.5Mnot yet reported6.87%1.121.130%$012-31-2024$24.4M$11.6M$12.8M$12.8M

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.