← 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
- $7.6M (September 2026)
- Share of deal
- 1.0%
- Status
- 90+ days delinquent
- DSCR (latest)
- 1.42
- Occupancy (latest)
- 90%
- Scheduled maturity
- 2028-07-01
Property and terms
| Property | Eden Apartments |
| Address | 800 Minette Circle; Louisville, KY 40258 |
| Property type | Multifamily |
| Units, beds or keys | 124 |
| Net rentable square feet | not yet reported |
| Year built | 1972 |
| Year last renovated | 2022 |
| Original balance | $7.6M |
| Current balance | $7.6M (September 2026) |
| Share of deal balance | 1.0% |
| Interest rate at origination | 6.62% |
| Current interest rate | 6.62% |
| Origination date | not yet reported |
| Original term | 60 months |
| Amortization term | not yet reported |
| Interest-only period | 60 months |
| Scheduled maturity | 2028-07-01 |
| Prepayment lockout end | not yet reported |
| Yield maintenance end | not yet reported |
| Servicer | KeyBank Real Estate Capital |
| Loan servicer | not yet reported |
| Originator | SGFC |
| Current status | 90+ days delinquent |
| Specially serviced now | Yes |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $11.8M | 04-19-2023 | not yet reported |
| Most recent reported | $11.8M | 2023-04-19 | MAI |
Change from securitization to the most recent reported valuation: 0.0%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| September 2023 | $7.6M | not yet reported | 6.62% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| October 2023 | $7.6M | not yet reported | 6.62% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| November 2023 | $7.6M | not yet reported | 6.62% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| December 2023 | $7.6M | not yet reported | 6.62% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| January 2024 | $7.6M | not yet reported | 6.62% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| February 2024 | $7.6M | not yet reported | 6.62% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| March 2024 | $7.6M | not yet reported | 6.62% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| April 2024 | $7.6M | not yet reported | 6.62% | 0.00 | 0.00 | 0% | $0 | not yet reported | $0 | $0 | $0 | $0 |
| May 2024 | $7.6M | not yet reported | 6.62% | 1.28 | 1.35 | 87% | $0 | 12-31-2023 | $571,598 | $223,711 | $347,887 | $328,906 |
| June 2024 | $7.6M | not yet reported | 6.62% | 1.28 | 1.35 | 87% | $0 | 12-31-2023 | $571,598 | $223,711 | $347,887 | $328,906 |
| July 2024 | $7.6M | not yet reported | 6.62% | 1.28 | 1.35 | 87% | $0 | 12-31-2023 | $571,598 | $223,711 | $347,887 | $328,906 |
| August 2024 | $7.6M | not yet reported | 6.62% | 1.28 | 1.35 | 87% | $0 | 12-31-2023 | $571,598 | $223,711 | $347,887 | $328,906 |
| September 2024 | $7.6M | not yet reported | 6.62% | 1.27 | 1.34 | 87% | $0 | 06-30-2024 | $1.2M | $467,987 | $690,319 | $652,358 |
| October 2024 | $7.6M | not yet reported | 6.62% | 1.20 | 1.28 | 82% | $0 | 06-30-2024 | $1.2M | $502,737 | $655,570 | $617,609 |
| November 2024 | $7.6M | not yet reported | 6.62% | 1.20 | 1.28 | 82% | $0 | 06-30-2024 | $1.2M | $502,737 | $655,570 | $617,609 |
| December 2024 | $7.6M | not yet reported | 6.62% | 1.20 | 1.28 | 82% | $0 | 06-30-2024 | $1.2M | $502,737 | $655,570 | $617,609 |
| January 2025 | $7.6M | not yet reported | 6.62% | 1.20 | 1.28 | 82% | $0 | 06-30-2024 | $1.2M | $502,737 | $655,570 | $617,609 |
| February 2025 | $7.6M | not yet reported | 6.62% | 1.19 | 1.27 | 85% | $0 | 09-30-2024 | $868,277 | $381,680 | $486,597 | $458,126 |
| March 2025 | $7.6M | not yet reported | 6.62% | 1.19 | 1.27 | 85% | $0 | 09-30-2024 | $868,277 | $381,680 | $486,597 | $458,126 |
| April 2025 | $7.6M | not yet reported | 6.62% | 1.19 | 1.27 | 86% | $0 | 09-30-2024 | $868,277 | $381,680 | $486,597 | $458,126 |
| May 2025 | $7.6M | not yet reported | 6.62% | 1.23 | 1.30 | 86% | $0 | 12-31-2024 | $1.2M | $513,445 | $667,582 | $629,621 |
| June 2025 | $7.6M | not yet reported | 6.62% | 1.23 | 1.30 | 86% | $0 | 12-31-2024 | $1.2M | $513,445 | $667,582 | $629,621 |
| July 2025 | $7.6M | not yet reported | 6.62% | 1.23 | 1.30 | 86% | $0 | 12-31-2024 | $1.2M | $513,445 | $667,582 | $629,621 |
| August 2025 | $7.6M | not yet reported | 6.62% | 1.23 | 1.30 | 86% | $0 | 12-31-2024 | $1.2M | $513,445 | $667,582 | $629,621 |
| September 2025 | $7.6M | not yet reported | 6.62% | 1.23 | 1.30 | 86% | $0 | 12-31-2024 | $1.2M | $513,445 | $667,582 | $629,621 |
| October 2025 | $7.6M | not yet reported | 6.62% | 1.23 | 1.30 | 86% | $0 | 12-31-2024 | $1.2M | $513,445 | $667,582 | $629,621 |
| November 2025 | $7.6M | not yet reported | 6.62% | 1.23 | 1.30 | 86% | $0 | 12-31-2024 | $1.2M | $513,445 | $667,582 | $629,621 |
| December 2025 | $7.6M | not yet reported | 6.62% | 1.23 | 1.30 | 86% | $0 | 12-31-2024 | $1.2M | $513,445 | $667,582 | $629,621 |
| January 2026 | $7.6M | not yet reported | 6.62% | 1.23 | 1.30 | 90% | $0 | 12-31-2024 | $1.2M | $513,445 | $667,582 | $629,621 |
| February 2026 | $7.6M | not yet reported | 6.62% | 1.23 | 1.30 | 90% | $0 | 12-31-2024 | $1.2M | $513,445 | $667,582 | $629,621 |
| March 2026 | $7.6M | not yet reported | 6.62% | 1.23 | 1.30 | 90% | $0 | 12-31-2024 | $1.2M | $513,445 | $667,582 | $629,621 |
| April 2026 | $7.6M | not yet reported | 6.62% | 1.23 | 1.30 | 90% | $0 | 12-31-2024 | $1.2M | $513,445 | $667,582 | $629,621 |
| May 2026 | $7.6M | not yet reported | 6.62% | 1.42 | 1.50 | 90% | $0 | 09-30-2025 | $1.4M | $613,901 | $764,432 | $726,471 |
| June 2026 | $7.6M | Matured balloon, non-performing | 6.62% | 1.42 | 1.50 | 90% | $43,341 | 09-30-2025 | $1.4M | $613,901 | $764,432 | $726,471 |
| July 2026 | $7.6M | 30-59 days delinquent | 6.62% | 1.42 | 1.50 | 90% | $85,283 | 09-30-2025 | $1.4M | $613,901 | $764,432 | $726,471 |
| August 2026 | $7.6M | 60-89 days delinquent | 6.62% | 1.42 | 1.50 | 90% | $128,624 | 09-30-2025 | $1.4M | $613,901 | $764,432 | $726,471 |
| September 2026 | $7.6M | 90+ days delinquent | 6.62% | 1.42 | 1.50 | 90% | $171,964 | 09-30-2025 | $1.4M | $613,901 | $764,432 | $726,471 |
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
| Date | Event |
|---|---|
| July 2026 | First reported 30 or more days delinquent |
| 2026-08-04 | Transferred to the special servicer |
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.