{"schema_version":"secwatch.filing_event.v1","accession":"0001888524-26-016557","form_type":"8-K","ticker":null,"cik":"0001998392","company_name":"BBCMS Mortgage Trust 2023-5C23","filed_at":"2026-09-02T14:20:42+00:00","discovered_at":"2026-09-02T14:23:02.350585+00:00","generated_at":"2026-09-02T14:23:12.861663+00:00","sec_items":["6.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"C-IV Asset Management replaces Greystone as special servicer for BBCMS 2023-5C23","bullets":["Greystone sold special servicing division to C-IV AM on Sept 1, 2026; C-IV AM assumes all duties for 11 West 42nd Street loan.","C-IV AM rated MOR CS2 (Morningstar DBRS), CSS2 (Fitch); on S&P Select Servicer list with 'Average; Ranking Watch Positive'.","As of June 30, 2026, Greystone's portfolio: 60 transactions, $20.7B UPB, 1,928 loans; 33 CMBS deals, $14.2B.","Active special servicing: 108 assets, $2.1B UPB; C-IV AM has resolved 6,017 assets since 2002 totaling $60.7B."],"urls":{"canonical":"https://secwatch.observer/filing/0001888524-26-016557","json":"https://secwatch.observer/filing/0001888524-26-016557.json","markdown":"https://secwatch.observer/filing/0001888524-26-016557.md","text":"https://secwatch.observer/filing/0001888524-26-016557.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1998392/000188852426016557/0001888524-26-016557-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1998392/000188852426016557/bcr23c23_8k-09012026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-02T14:23:12.861663+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"}