---
schema_version: "secwatch.filing_event.v1"
accession: "0001888524-26-003896"
form_type: "8-K"
ticker: null
cik: "0001972920"
company_name: "BMO 2023-C5 Mortgage Trust"
filed_at: "2026-03-09T23:59:59+00:00"
generated_at: "2026-05-15T18:13:45.818881+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BMO 2023-C5 Trust corrects distribution error; pays additional $5.6M to three certificate classes

## Summary
- Master Servicer notified of backdated curtailment error for loan Oak Street NLP Fund Portfolio (Loan ID 030321678).
- Additional principal distributions: Class A-1 $5,469,908; Class A-2 $6,393; Class VRR $116,898.
- Payment made on March 5, 2026; original distribution was Feb 18, 2026.

## SEC filing metadata
- accession: 0001888524-26-003896
- form_type: 8-K
- cik: 0001972920
- company_name: BMO 2023-C5 Mortgage Trust
- filed_at: 2026-03-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 6.04
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1972920/000188852426003896/0001888524-26-003896-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1972920/000188852426003896/bmo23c05_8k-03032026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001888524-26-003896
- JSON: https://secwatch.observer/filing/0001888524-26-003896.json
- Plain text: https://secwatch.observer/filing/0001888524-26-003896.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.