← BMO 2023-C5 Mortgage Trust · Loan annex · CMBS market
- Deal
- BMO 2023-C5 Mortgage Trust
- Current balance
- $15.8M (September 2026)
- Share of deal
- 2.5%
- Status
- Matured balloon, non-performing
- DSCR (latest)
- not yet reported
- Occupancy (latest)
- not yet reported
- Scheduled maturity
- 2033-06-06
Property and terms
| Property | The Penleigh |
| Address | 300 North Francis Street 3029 W 76 County Blvd; Branson, MO 65616 |
| Property type | Multifamily |
| Units, beds or keys | 323 |
| Net rentable square feet | not yet reported |
| Year built | 1994 |
| Year last renovated | 2022 |
| Original balance | $15.8M |
| Current balance | $15.8M (September 2026) |
| Share of deal balance | 2.5% |
| Interest rate at origination | 7.14% |
| Current interest rate | 7.14% |
| Origination date | 05-11-2023 |
| Original term | 120 months |
| Amortization term | not yet reported |
| Interest-only period | 120 months |
| Scheduled maturity | 2033-06-06 |
| Prepayment lockout end | 07-05-2025 |
| Yield maintenance end | 03-05-2033 |
| Servicer | Midland |
| Loan servicer | not yet reported |
| Originator | BSPRT CMBS Finance, LLC |
| Current status | Matured balloon, non-performing |
| Specially serviced now | No |
| Defeased | No |
Valuation
| Basis | Amount | Date | Source (as filed) |
|---|---|---|---|
| At securitization | $26.5M | 03-16-2023 | MAI |
| Most recent reported | $16.0M | 2026-02-17 | MAI |
Change from securitization to the most recent reported valuation: -39.6%.
Monthly history
| Month | Balance | Status | Rate | DSCR (NCF) | DSCR (NOI) | Occupancy | Advances | Financial period end | Revenue | Expenses | NOI | NCF |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| June 2023 | $15.8M | Matured balloon, performing | 7.14% | 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 |
| July 2023 | $15.8M | Current | 7.14% | 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 |
| August 2023 | $15.8M | Current | 7.14% | 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 2023 | $15.8M | Matured balloon, non-performing | 7.14% | not yet reported | not yet reported | not yet reported | $96,802 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2023 | $15.8M | Matured balloon, non-performing | 7.14% | not yet reported | not yet reported | not yet reported | $93,680 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| November 2023 | $15.8M | Matured balloon, non-performing | 7.14% | not yet reported | not yet reported | not yet reported | $96,802 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| December 2023 | $15.8M | Matured balloon, non-performing | 7.14% | not yet reported | not yet reported | not yet reported | $93,680 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| January 2024 | $15.8M | Matured balloon, non-performing | 7.14% | not yet reported | not yet reported | not yet reported | $96,802 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| February 2024 | $15.8M | Current | 7.14% | 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 |
| March 2024 | $15.8M | Current | 7.14% | 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 |
| April 2024 | $15.8M | Current | 7.14% | 0.95 | 1.01 | 88% | $0 | 09-30-2023 | $2.4M | $1.2M | $1.2M | $1.1M |
| May 2024 | $15.8M | Current | 7.14% | 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 |
| June 2024 | $15.8M | Matured balloon, non-performing | 7.14% | not yet reported | not yet reported | not yet reported | $96,802 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2024 | $15.8M | Current | 7.14% | 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 |
| August 2024 | $15.8M | Current | 7.14% | 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 2024 | $15.8M | Current | 7.14% | 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 |
| October 2024 | $15.8M | Matured balloon, non-performing | 7.14% | 0.85 | 0.92 | 93% | $93,680 | 06-30-2024 | $2.5M | $1.4M | $1.0M | $971,483 |
| November 2024 | $15.8M | Matured balloon, non-performing | 7.14% | 0.85 | 0.92 | 93% | $96,802 | 06-30-2024 | $2.5M | $1.4M | $1.0M | $971,483 |
| December 2024 | $15.8M | Matured balloon, non-performing | 7.14% | 0.85 | 0.92 | 93% | $93,680 | 06-30-2024 | $2.5M | $1.4M | $1.0M | $971,483 |
| January 2025 | $15.8M | 30-59 days delinquent | 7.14% | 0.85 | 0.92 | 79% | $190,482 | 06-30-2024 | $2.5M | $1.4M | $1.0M | $971,483 |
| February 2025 | $15.8M | 60-89 days delinquent | 7.14% | 0.85 | 0.92 | 79% | $287,284 | 06-30-2024 | $2.5M | $1.4M | $1.0M | $971,483 |
| March 2025 | $15.8M | 60-89 days delinquent | 7.14% | 0.85 | 0.92 | 79% | $281,039 | 06-30-2024 | $2.5M | $1.4M | $1.0M | $971,483 |
| April 2025 | $15.8M | 90+ days delinquent | 7.14% | 0.85 | 0.92 | 79% | $377,841 | 06-30-2024 | $2.5M | $1.4M | $1.0M | $971,483 |
| May 2025 | $15.8M | 90+ days delinquent | 7.14% | not yet reported | not yet reported | not yet reported | $471,521 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2025 | $15.8M | 90+ days delinquent | 7.14% | not yet reported | not yet reported | not yet reported | $568,323 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| July 2025 | $15.8M | 90+ days delinquent | 7.14% | not yet reported | not yet reported | not yet reported | $658,169 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| August 2025 | $15.8M | 90+ days delinquent | 7.14% | not yet reported | not yet reported | not yet reported | $751,010 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| September 2025 | $15.8M | 90+ days delinquent | 7.14% | not yet reported | not yet reported | not yet reported | $843,851 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| October 2025 | $15.8M | Current | 7.14% | 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 |
| November 2025 | $15.8M | Matured balloon, non-performing | 7.14% | 0.69 | 0.76 | not yet reported | $92,841 | 06-30-2025 | $2.2M | $1.4M | $864,651 | $783,401 |
| December 2025 | $15.8M | Matured balloon, non-performing | 7.14% | 0.69 | 0.76 | not yet reported | $89,846 | 06-30-2025 | $2.2M | $1.4M | $864,651 | $783,401 |
| January 2026 | $15.8M | Matured balloon, non-performing | 7.14% | 0.69 | 0.76 | not yet reported | $92,841 | 06-30-2025 | $2.2M | $1.4M | $864,651 | $783,401 |
| February 2026 | $15.8M | 30-59 days delinquent | 7.14% | 0.53 | 0.60 | 77% | $185,682 | 09-30-2025 | $2.0M | $1.3M | $686,742 | $605,492 |
| March 2026 | $15.8M | Matured balloon, non-performing | 7.14% | 0.53 | 0.60 | 77% | $75,154 | 09-30-2025 | $2.0M | $1.3M | $686,742 | $605,492 |
| April 2026 | $15.8M | Current | 7.14% | 0.53 | 0.60 | 77% | $0 | 09-30-2025 | $2.0M | $1.3M | $686,742 | $605,492 |
| May 2026 | $15.8M | Matured balloon, non-performing | 7.14% | not yet reported | not yet reported | not yet reported | $93,680 | not yet reported | not yet reported | not yet reported | not yet reported | not yet reported |
| June 2026 | $15.8M | Current | 7.14% | 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 |
| July 2026 | $15.8M | Current | 7.14% | 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 |
| August 2026 | $15.8M | Current | 7.14% | 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 | $15.8M | Matured balloon, non-performing | 7.14% | not yet reported | not yet reported | not yet reported | $96,802 | 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.
Status timeline
| Date | Event |
|---|---|
| January 2025 | First reported 30 or more days delinquent |
| 2025-02-06 | Transferred to the special servicer |
| 2025-10-06 | Loan modified (rate after modification 0.00%; maturity after modification 2033-06-06) |
| 2026-04-01 | Returned to the master servicer |
Sources: SEC Form ABS-EE asset-level reports for the deal. Definitions are in the methods note on the market page.