secwatch.observer — SEC 8-K summary
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Issuer:     BMO 2023-C5 Mortgage Trust (—)
CIK:        0001972920
Form:       8-K
Filed at:   2026-03-09T23:59:59+00:00
Accession:  0001888524-26-003896
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 6.04
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1972920/000188852426003896/0001888524-26-003896-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1972920/000188852426003896/bmo23c05_8k-03032026.htm
  HTML page:      https://secwatch.observer/filing/0001888524-26-003896

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer