Special servicer for BANK5 2023-5YR3 changes from Greystone to C-IV AM effective Sept 1, 2026

BANK5 2023-5YR3

Greystone sold its special servicing division to C-IV AM on Sept 1, 2026; C-IV AM assumes all special servicer duties.
C-IV AM rated MOR CS2 (DBRS), CSS2 (Fitch), and on S&P Select Servicer list with 'Average; Ranking Watch Positive'.
As of 6/30/26, Greystone's portfolio: ~60 transactions, ~1,928 loans, $20.7B UPB; 33 CMBS pools with $14.2B.
~108 assets with $2.1B in active special servicing; C-IV AM has resolved 6,017 assets totaling $60.7B since 2002.
All Greystone named portfolio transfers to C-IV AM except two CLOs; key employees continue in same roles.

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