secwatch.observer — SEC 8-K summary
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Issuer:     BANK5 2023-5YR4 (—)
CIK:        0001996001
Form:       8-K
Filed at:   2026-09-02T13:23:38+00:00
Accession:  0001888524-26-016522
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 6.02
LLM model:  deepseek-v4-flash:cloud@v2

C-IV AM assumes special servicer role for two BANK5 2023-5YR4 loans from Greystone
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- Greystone sold special servicing division to C-IV AM on 9/1/2026; C-IV AM now special servicer for the trust's two loans.
- C-IV AM rated MOR CS2 by Morningstar DBRS and CSS2 by Fitch; on S&P Select Servicer list.
- As of 6/30/2026, Greystone's portfolio: 60 transactions, $20.7B UPB; 33 CMBS deals, $14.2B; 108 assets ($2.1B) active.
- C-IV AM has resolved 6,017 assets totaling $60.7B since 2002; no servicer defaults or material litigation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1996001/000188852426016522/0001888524-26-016522-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1996001/000188852426016522/bak23yr4_8k-09012026.htm
  HTML page:      https://secwatch.observer/filing/0001888524-26-016522

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