{"schema_version":"secwatch.filing_event.v1","accession":"0001888524-26-016545","form_type":"8-K","ticker":null,"cik":"0001991524","company_name":"BANK5 2023-5YR3","filed_at":"2026-09-02T13:57:56+00:00","discovered_at":"2026-09-02T13:58:12.298565+00:00","generated_at":"2026-09-02T13:58:56.222307+00:00","sec_items":["6.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Special servicer for BANK5 2023-5YR3 changes from Greystone to C-IV AM effective Sept 1, 2026","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001888524-26-016545","json":"https://secwatch.observer/filing/0001888524-26-016545.json","markdown":"https://secwatch.observer/filing/0001888524-26-016545.md","text":"https://secwatch.observer/filing/0001888524-26-016545.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1991524/000188852426016545/0001888524-26-016545-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1991524/000188852426016545/bak23yr3_8k-09012026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-02T13:58:56.222307+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}