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

 

 

I, AnthonySfarra, certify that:

 

1. Ihave reviewed this report on Form 10-K and all reports on Form 10-D required tobe filed in respect of the period covered by this report on Form 10-K of theBANK5 2023-5YR1 (the "Exchange Act periodic reports");

 

2.Based on my knowledge, the Exchange Act periodic reports, taken as a whole, donot contain any untrue statement of a material fact or omit to state a materialfact necessary to make the statements made, in light of the circumstances underwhich such statements were made, not misleading with respect to the periodcovered by this report;

 

3.Based on my knowledge, all of the distribution, servicing and other informationrequired to be provided under Form 10-D for the period covered by this reportis included in the Exchange Act periodic reports;

 

4.Based on my knowledge and the servicer compliance statements required in thisreport under Item 1123 of Regulation AB, and except as disclosed in theExchange Act periodic reports, the servicers have fulfilled their obligationsunder the servicing agreements in all material respects; and

 

5. Allof the reports on assessment of compliance with servicing criteria forasset-backed securities and their related attestation reports on assessment ofcompliance with servicing criteria for asset-backed securities required to beincluded in this report in accordance with Item 1122 of Regulation AB andExchange Act Rules 13a-18 and 15d-18 have been included as an exhibit to thisreport, except as otherwise disclosed in this report. Any material instances ofnoncompliance described in such reports have been disclosed in this report onForm 10-K.

 

Ingiving the certifications above, I have reasonably relied on informationprovided to me by the following unaffiliated parties:

 

CWCapitalAsset Management LLC, as Special Servicer, Computershare Trust Company,National Association, as Trustee, Computershare Trust Company, NationalAssociation, as Certificate Administrator, Computershare Trust Company,National Association, as Custodian, Pentalpha Surveillance LLC, as OperatingAdvisor, CoreLogic Solutions, LLC, as Servicing Function Participant, LNRPartners, LLC, as Special Servicer for the Orlando Office Portfolio MortgageLoan, Computershare Trust Company, National Association, as Trustee for theOrlando Office Portfolio Mortgage Loan, Computershare Trust Company, NationalAssociation, as Custodian for the Orlando Office Portfolio Mortgage Loan, ParkBridge Lender Services LLC, as Operating Advisor for the Orlando OfficePortfolio Mortgage Loan, CoreLogic Solutions, LLC, as Servicing FunctionParticipant for the Orlando Office Portfolio Mortgage Loan, KeyBank NationalAssociation, as Primary Servicer for the Oak Street NLP Fund Portfolio MortgageLoan, Situs Holdings, LLC, as Special Servicer for the Oak Street NLP FundPortfolio Mortgage Loan, Computershare Trust Company, National Association, asTrustee for the Oak Street NLP Fund Portfolio Mortgage Loan, ComputershareTrust Company, National Association, as Custodian for the Oak Street NLP FundPortfolio Mortgage Loan, Pentalpha Surveillance LLC, as Operating Advisor forthe Oak Street NLP Fund Portfolio Mortgage Loan, Midland Loan Services, aDivision of PNC Bank, National Association, as Primary Servicer for theBrandywine Strategic Office Portfolio Mortgage Loan, Greystone ServicingCompany LLC, as Special Servicer for the Brandywine Strategic Office PortfolioMortgage Loan, Computershare Trust Company, National Association, as Trusteefor the Brandywine Strategic Office Portfolio Mortgage Loan , ComputershareTrust Company, National Association, as Custodian for the Brandywine StrategicOffice Portfolio Mortgage Loan, Park Bridge Lender Services LLC, as OperatingAdvisor for the Brandywine Strategic Office Portfolio Mortgage Loan, MidlandLoan Services, a Division of PNC Bank, National Association, as PrimaryServicer for the 575 Broadway Mortgage Loan, Greystone Servicing Company LLC,as Special Servicer for the 575 Broadway Mortgage Loan, Computershare TrustCompany, National Association, as Trustee for the 575 Broadway Mortgage Loan,Computershare Trust Company, National Association, as Custodian for the 575Broadway Mortgage Loan, Park Bridge Lender Services LLC, as Operating Advisorfor the 575 Broadway Mortgage Loan, Midland Loan Services, a Division of PNCBank, National Association, as Primary Servicer for the Green Acres MortgageLoan, 3650 REIT Loan Servicing LLC, as Special Servicer for the Green AcresMortgage Loan, Computershare Trust Company, National Association, as Trusteefor the Green Acres Mortgage Loan, Computershare Trust Company, NationalAssociation, as Custodian for the Green Acres Mortgage Loan, BellOak, LLC, asOperating Advisor for the Green Acres Mortgage Loan, LNR Partners, LLC, asSpecial Servicer for the 1201 Third Avenue Mortgage Loan, Wilmington Trust,National Association, as Trustee for the 1201 Third Avenue Mortgage Loan,Computershare Trust Company, National Association, as Custodian for the 1201Third Avenue Mortgage Loan, Park Bridge Lender Services LLC, as OperatingAdvisor for the 1201 Third Avenue Mortgage Loan, and CoreLogic Solutions, LLC,as Servicing Function Participant for the 1201 Third Avenue Mortgage Loan.

 

 

 

 

Dated: March 15, 2024

 

 

/s/Anthony Sfarra

AnthonySfarra

President

(seniorofficer in charge of securitization of the depositor)