EX-31 Rule 13a-14(d)/15d-14(d)Certifications.

 

 

I, Daniel Vinson, certify that:

 

1. I have reviewed this report on Form 10-Kand all reports on Form 10-D required to be filed in respect of the periodcovered by this report on Form 10-K of the BBCMS Mortgage Trust 2023-5C23 (the"Exchange Act periodic reports");

 

2. Based on my knowledge, the Exchange Actperiodic reports, taken as a whole, do not contain any untrue statement of amaterial fact or omit to state a material fact necessary to make the statementsmade, in light of the circumstances under which such statements were made, notmisleading with respect to the period covered by this report;

 

3. Based on my knowledge, all of thedistribution, servicing and other information required to be provided underForm 10-D for the period covered by this report is included in the Exchange Actperiodic reports;

 

4. Based on my knowledge and the servicercompliance statements required in this report under Item 1123 of Regulation AB,and except as disclosed in the Exchange Act periodic reports, the servicershave fulfilled their obligations under the servicing agreements in all materialrespects; and

 

5. All of the reports on assessment ofcompliance with servicing criteria for asset-backed securities and theirrelated attestation reports on assessment of compliance with servicing criteriafor asset-backed securities required to be included in this report inaccordance with Item 1122 of Regulation AB and Exchange Act Rules 13a-18 and15d-18 have been included as an exhibit to this report, except as otherwisedisclosed in this report. Any material instances of noncompliance described in suchreports have been disclosed in this report on Form 10-K.

 

In giving the certifications above, I havereasonably relied on information provided to me by the following unaffiliatedparties:

 

Midland Loan Services, a Division of PNCBank, National Association, as Master Servicer, LNR Partners, LLC, as SpecialServicer, Computershare Trust Company, National Association, as Trustee andCertificate Administrator, Computershare Trust Company, National Association,as Custodian, Park Bridge Lender Services LLC, as Operating Advisor, WellsFargo Bank, National Association, as Primary Servicer for the 11 West 42ndStreet Mortgage Loan, Greystone Servicing Company LLC, as Special Servicer forthe 11 West 42nd Street Mortgage Loan, Computershare Trust Company, NationalAssociation, as Trustee for the 11 West 42nd Street Mortgage Loan,Computershare Trust Company, National Association, as Custodian for the 11 West42nd Street Mortgage Loan, Pentalpha Surveillance LLC, as Operating Advisor forthe 11 West 42nd Street Mortgage Loan, KeyBank National Association, as PrimaryServicer for the Piazza Alta Mortgage Loan, Greystone Servicing Company LLC, asSpecial Servicer for the Piazza Alta Mortgage Loan, Wilmington Trust, NationalAssociation, as Trustee for the Piazza Alta Mortgage Loan, Computershare TrustCompany, National Association, as Custodian for the Piazza Alta Mortgage Loan,BellOak, LLC, as Operating Advisor for the Piazza Alta Mortgage Loan, KeyBankNational Association, as Primary Servicer for the Westfarms Mortgage Loan,Greystone Servicing Company LLC, as Special Servicer for the Westfarms MortgageLoan, Wilmington Trust, National Association, as Trustee for the WestfarmsMortgage Loan, Computershare Trust Company, National Association, as Custodianfor the Westfarms Mortgage Loan, BellOak, LLC, as Operating Advisor for theWestfarms Mortgage Loan, KeyBank National Association, as Primary Servicer forthe Arcola Corporate Campus Mortgage Loan, Greystone Servicing Company LLC, asSpecial Servicer for the Arcola Corporate Campus Mortgage Loan, WilmingtonTrust, National Association, as Trustee for the Arcola Corporate CampusMortgage Loan, Computershare Trust Company, National Association, as Custodianfor the Arcola Corporate Campus Mortgage Loan, BellOak, LLC, as OperatingAdvisor for the Arcola Corporate Campus Mortgage Loan, KeyBank NationalAssociation, as Primary Servicer for the River Centre Mortgage Loan, GreystoneServicing Company LLC, as Special Servicer for the River Centre Mortgage Loan,Wilmington Trust, National Association, as Trustee for the River CentreMortgage Loan, Computershare Trust Company, National Association, as Custodianfor the River Centre Mortgage Loan, BellOak, LLC, as Operating Advisor for theRiver Centre Mortgage Loan, KeyBank National Association, as Primary Servicerfor the 369 Lexington Avenue & 2 West 46th Street Mortgage Loan, GreystoneServicing Company LLC, as Special Servicer for the 369 Lexington Avenue & 2West 46th Street Mortgage Loan, Wilmington Trust, National Association, asTrustee for the 369 Lexington Avenue & 2 West 46th Street Mortgage Loan,Computershare Trust Company, National Association, as Custodian for the 369Lexington Avenue & 2 West 46th Street Mortgage Loan, BellOak, LLC, asOperating Advisor for the 369 Lexington Avenue & 2 West 46th StreetMortgage Loan, KeyBank National Association, as Primary Servicer for the HiltonGarden Inn Atlanta Downtown Mortgage Loan, Greystone Servicing Company LLC, asSpecial Servicer for the Hilton Garden Inn Atlanta Downtown Mortgage Loan,Wilmington Trust, National Association, as Trustee for the Hilton Garden InnAtlanta Downtown Mortgage Loan, Computershare Trust Company, NationalAssociation, as Custodian for the Hilton Garden Inn Atlanta Downtown MortgageLoan, BellOak, LLC, as Operating Advisor for the Hilton Garden Inn AtlantaDowntown Mortgage Loan, Midland Loan Services, a Division of PNC Bank, NationalAssociation, as Primary Servicer for the Overlook at Ballantyne Mortgage Loan,K-Star Asset Management LLC, as Special Servicer for the Overlook at BallantyneMortgage Loan, Computershare Trust Company, National Association, as Trusteefor the Overlook at Ballantyne Mortgage Loan, Computershare Trust Company,National Association, as Custodian for the Overlook at Ballantyne MortgageLoan, and Park Bridge Lender Services LLC, as Operating Advisor for theOverlook at Ballantyne Mortgage Loan.

 

 

 

 Dated: March 15, 2024

 

 

/s/ Daniel Vinson

Daniel Vinson

Chief Executive Officer

(senior officerin charge of securitization of the depositor)