**UNITED STATESSECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-K**

(Mark One)

**x**** ANNUAL REPORT PURSUANT TO SECTION 13OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

**For the fiscal year ended December 31, 2023********or**

**o**** TRANSITION REPORT PURSUANT TOSECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934**

**For the transition period from _____ to_____** 

 

 

**Commission file number of issuing entity:****333-255934-04**

 

**Central Index Key Number of the issuing entity:**0001957662

 

**BMO 2023-C4 Mortgage Trust**

**(exact name of issuing entity as specified in itscharter)**

 

**Central Index Key Number of the depositor: 0001861132**

 

**BMO Commercial Mortgage Securities LLC**

**(exact name of the depositor as specified in itscharter)**

** **

**Central Index Key Number of the sponsor:0000927971**

 

**Bank of Montreal**

**(exact name of the sponsor as specified inits charter)**

** **

**Central Index Key Number of the sponsor:0001701238**

** **

**Citi Real Estate Funding Inc.**

**(exact name of the sponsor as specified inits charter)**

** **

**Central Index Key Number of the sponsor:0001592182**** **

** **

**LMF Commercial LLC**

**(exact name of the sponsor as specified inits charter)**

 

**Central Index Key Number of the sponsor:********0001624053**

 

**Argentic Real Estate Finance LLC******

**(exact name of the sponsor as specified inits charter)**

** **

**Central Index Key Number of the sponsor:0001840727**

** **

**3650 Real Estate Investment Trust 2 LLC******

**(exact name of the sponsor as specified inits charter)**

** **

**Central Index Key Number of the sponsor:********0001542256**

** **

**Natixis Real Estate Capital LLC******

**(exact name of the sponsor as specified inits charter)**

** **

**Central Index Key Number of the sponsor:********0001894245**

** **

**Oceanview Commercial Mortgage Finance, LLC**

**(exact name of the sponsor as specified inits charter)**

** **

**Central Index Key Number of the sponsor:********0001931347**

** **

**Greystone Commercial Mortgage Capital LLC******

**(exact name of the sponsor as specified inits charter)**

** **

**Central Index Key Number of the sponsor:********0001548405**

** **

**Starwood Mortgage Capital LLC**

**(exact name of the sponsor as specified inits charter)**

 

 

 

 

| **New York  (State or other jurisdiction of incorporation or organization)** | **38-4238405****38-4238406******

**(I.R.S. Employer Identification Numbers)** |
|------------------------------------------------------------------------------|--------------------------------------------------------------------------------|

 

 ** **

**c/o Computershare Trust Company, N.A.**

**9062 Old Annapolis Road**

** Columbia, MD**

**(Address of principal executive offices)**

** **

**21045**

**(Zip Code)**

 

 

**Telephone number, including area code:**

**(667) 786‐1992**

 

Securities registered pursuant to Section 12(b) of the Act:

 

|   Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---------------------------------|-------------------|-------------------------------------------|
| None                            |              |                                      |

 

 

 

Securities registered pursuant to Section 12(g) of the Act:

 

  NONE.

 

Indicate by check mark if the registrant is a well-known seasonedissuer, as defined in Rule 405 of the Securities Act.

 

  Yes ___ No X

 

Indicate by check mark if the registrant is not required to filereports pursuant to Section 13 or Section 15(d) of the Act.

 

  Yes ___ No X

 

Indicate by check mark whether the registrant (1) has filed allreports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that theregistrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days.

 

  Yes X No ___

 

Indicate by check mark whether the registrant has submittedelectronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submitsuch files). 

 

  Not applicable.

 

Indicate by check mark whether the registrant is a largeaccelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “largeaccelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer ___Accelerated filer ___Non-accelerated filer XSmaller reporting company ___

 

Emerging growthcompany ___

 

If an emerginggrowth company, indicate by check mark if the registrant has elected not to usethe extended transition period for complying with any new or revised financialaccounting standards provided pursuant to Section 13(a) of the ExchangeAct.  ___

 

Indicate by check mark whether the registrant has filed a reporton and attestation to its management’s assessment of the effectiveness of itsinternal control over financial reporting under Section 404(b) of theSarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firmthat prepared or issued its audit report. ___

 

If securities are registered pursuant to Section 12(b) of the Act,indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issuedfinancial statements. ___

 

Indicate by check mark whether any of those error corrections arerestatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant’s executive officers during the relevantrecovery period pursuant to §240.10D-1(b). ___

 

Indicate by check mark whether the registrant is a shell company(as defined in Rule 12b-2 of the Act).

 

  Yes ___ No X

 

State the aggregate market value of the voting and non-voting commonequity held by non-affiliates computed by reference to the price at which thecommon equity was last sold, or the average bid and asked price of such commonequity, as of the last business day of the registrant's most recently completedsecond fiscal quarter.

 

  Not applicable.

 

Indicate by check mark whether the registrant has filed alldocuments and reports required to be filed by Section 12, 13 or 15(d) of theSecurities Exchange Act of 1934 subsequent to the distribution of securitiesunder a plan confirmed by a court.

 

  Not applicable.

 

Indicate the number of shares outstanding of each of theregistrant's classes of common stock, as of the latest practicable date.

 

  Not applicable.

 

**DOCUMENTS INCORPORATED BY REFERENCE**

 

List hereunder the following documents if incorporated byreference and the Part of the Form 10-K (e.g., Part I, Part II, etc.) intowhich the document is incorporated: (1)Any annual report to security holders;(2) Any proxy or information statement; and (3)Any prospectus filed pursuant toRule 424(b) or (c) under the Securities Act of 1933. The listed documentsshould be clearly described for identification purposes (e.g., annual report tosecurity holders for fiscal year ended December 24, 1980).

 

  Not applicable.

 

**EXPLANATORY NOTES**

** **

1.  The Gilardian NYC Portfolio mortgage loan, whichrepresented approximately 3.6% of the initial pool balance of the issuingentity, is part of a whole loan comprised of the subject mortgage loan includedin the issuing entity and one or more companion loan(s) that are held outsidethe issuing entity. The 575 Broadway mortgage loan, which representedapproximately 3.3% of the initial pool balance of the issuing entity, is partof a whole loan comprised of the subject mortgage loan included in the issuingentity and one or more companion loan(s) that are held outside the issuingentity.  The Gilardian NYC Portfolio mortgage loan and the 575 Broadwaymortgage loan and each of the related companion loans were serviced pursuant tothe BMO 2024-C4 PSA (as defined in Item 15 below) prior to February 28,2023.  The Gilardian NYC Portfolio mortgage loan and the 575 Broadwaymortgage loan and each of the related companion loans are serviced pursuant tothe FIVE 2023-V1 PSA (as defined in Item 15 below) on and after February 28,2023.

 

2.  The 70 Hudson Street mortgageloan, which represented approximately 4.6% of the initial pool balance of theissuing entity, is part of a whole loan comprised of the subject mortgage loanincluded in the issuing entity and one or more companion loan(s) that are heldoutside the issuing entity. The WRS Retail Portfolio mortgage loan, whichrepresented approximately 4.5% of the initial pool balance of the issuing entity,is part of a whole loan comprised of the subject mortgage loan included in theissuing entity and one or more companion loan(s) that are held outside theissuing entity.   The 70 Hudson Street mortgage loan and the WRSRetail Portfolio mortgage loan and each of the related companion loans areserviced pursuant to the BBCMS 2022-C18 PSA (as defined in Item 15 below).

 

3.  The Triple Net Portfoliomortgage loan, which represented approximately 2.5% of the initial pool balanceof the issuing entity, is part of a whole loan comprised of the subjectmortgage loan included in the issuing entity and one or more companion loan(s)that are held outside the issuing entity. The 800 Cesar Chavez mortgageloan, which represented approximately 1.9% of the initial pool balance of theissuing entity, is part of a whole loan comprised of the subject mortgage loanincluded in the issuing entity and one or more companion loan(s) that are heldoutside the issuing entity.   The Triple Net Portfolio mortgage loanand the 800 Cesar Chavez mortgage loan and each of the related companion loansare serviced pursuant to the 3650R 2022-PF2 PSA (as defined in Item 15 below).

 

4.  The Great Lakes Crossing Outlets mortgage loan, whichrepresented approximately 3.3% of the initial pool balance of the issuingentity, is part of a whole loan comprised of the subject mortgage loan includedin the issuing entity and one or more companion loan(s) that are held outsidethe issuing entity. The Great Lakes Crossing Outlets mortgage loan andeach of the related companion loan(s) were serviced pursuant to the BMO 2024-C4PSA (as defined in Item 15 below) prior to April 21,2023.  The Great Lakes Crossing Outlets mortgage loan and each of therelated companion loan(s) are serviced pursuant to Benchmark 2023-B38 PSA (asdefined in Item 15 below) on and after April 21, 2023.

 

5.  The Green Acres mortgage loan, which representedapproximately 3.3% of the initial pool balance of the issuing entity, is partof a whole loan comprised of the subject mortgage loan included in the issuingentity and one or more companion loan(s) that are held outside the issuingentity. The Green Acres mortgage loan and each of the related companionloan(s) were serviced pursuant to the BMO 2024-C4 PSA (as defined in Item 15below) prior to May 25, 2023.  The Green Acres mortgage loan and each ofthe related companion loan(s) are serviced pursuant to Benchmark 2023-V2 PSA(as defined in Item 15 below) on and after May 25, 2023.

6.  The IPG Portfolio mortgage loan, which representedapproximately 3.6% of the initial pool balance of the issuing entity, is partof a whole loan comprised of the subject mortgage loan included in the issuingentity and one or more companion loan(s) that are held outside the issuingentity.  The IPG Portfolio mortgage loan and each of the related companionloan(s) are serviced pursuant to the Benchmark 2022-B37 PSA (as defined in Item15 below).

 

7.  The Kingston Square Apartments mortgage loan, whichrepresented approximately 1.8% of the initial pool balance of the issuingentity, is part of a whole loan comprised of the subject mortgage loan includedin the issuing entity and one or more companion loan(s) that are held outsidethe issuing entity.  The Kingston Square Apartments mortgage loan and eachof the related companion loan(s) are serviced pursuant to the BMO 2022-C3 PSA(as defined in Item 15 below).   Effective as of May 10, 2023,Midland Loan Services, a Division of PNC Bank was terminated as the specialservicer (other than with respect to the La Habra Marketplace whole loan) underthe BMO 2022-C3 PSA and K-Star Asset Management LLC has been appointed to actas successor special servicer (other than with respect to the La HabraMarketplace whole loan) under the BMO 2022-C3 PSA, as disclosed in the CurrentReport on Form 8-K filed by the registrant on May 10, 2023 under CommissionFile No. 333-255934-04.

 

8.  The Latitude at South Portland mortgage loan, which representedapproximately 3.4% of the initial pool balance of the issuing entity, is partof a whole loan comprised of the subject mortgage loan included in the issuingentity and one or more companion loan(s) that are held outside the issuingentity.  The Latitude at South Portland mortgageloan and each of the related companion loan(s) were serviced pursuant to theBMO 2024-C4 PSA (as defined in Item 15 below) prior to April 27, 2023. The Latitude at South Portland mortgage loan and each of the related companionloan(s) are serviced pursuant to the BBCMS 2023-C19 PSA (as defined in Item 15below) on and after April 27, 2023.

 

9.  The Oak Ridge Office Park mortgage loan, whichrepresented approximately 1.3% of the initial pool balance of the issuing entity,is part of a whole loan comprised of the subject mortgage loan included in theissuing entity and one or more companion loan(s) that are held outside theissuing entity.  The Oak Ridge Office Park mortgage loan and each of therelated companion loan(s) are serviced pursuant to the BBCMS 2022-C16 PSA (asdefined in Item 15 below).

 

10.  The Orizon Aerostructures mortgage loan, whichrepresented approximately 3.4% of the initial pool balance of the issuingentity, is part of a whole loan comprised of the subject mortgage loan includedin the issuing entity and one or more companion loan(s) that are held outsidethe issuing entity.  The Orizon Aerostructures mortgage loan and each ofthe related companion loan(s) were serviced pursuant to the BMO 2024-C4 PSA (asdefined in Item 15 below) prior to June 21,2023.  The Orizon Aerostructures mortgage loan and each of the relatedcompanion loan(s) are serviced pursuant to the BMO 2023-C5 PSA (as defined inItem 15 below) on and after June 21, 2023.

 

11.  The Park West Village mortgage loan, which representedapproximately 3.3% of the initial pool balance of the issuing entity, is partof a whole loan comprised of the subject mortgage loan included in the issuingentity and one or more companion loan(s) that are held outside the issuingentity.  The Park West Village mortgage loan and each of the relatedcompanion loan(s) are serviced pursuant to the BBCMS 2022-C17 PSA (as definedin Item 15 below).

 

12.  The PetSmart HQ mortgage loan, which represented approximately1.6% of the initial pool balance of the issuing entity, is part of a whole loancomprised of the subject mortgage loan included in the issuing entity and oneor more companion loan(s) that are held outside the issuing entity.  ThePetSmart HQ mortgage loan and each of the related companion loan(s) areserviced pursuant to the 3650R 2021-PF1 PSA (as defined in Item 15 below).

 

13.  The Rialto Industrial mortgage loan, which representedapproximately 4.5% of the initial pool balance of the issuing entity, is partof a whole loan comprised of the subject mortgage loan included in the issuingentity and one or more companion loan(s) that are held outside the issuingentity.  The Rialto Industrial mortgage loan and each of the relatedcompanion loan(s) were serviced pursuant to the BBCMS 2022-C18 PSA (as definedin Item 15 below) prior to May 25, 2023.  The Rialto Industrial mortgageloan and each of the related companion loan(s) are serviced pursuant to theMSWF 2023-1  PSA (as defined in Item 15 below) on and after May 25, 2023.

 

14.   Pursuant to Instruction 3 to Item 1122 ofRegulation AB, the report on assessment of compliance with servicing criteriaand attestation report on assessment of compliance with servicing criteria of(i) BellOak, LLC, as operating advisor for the Green Acres mortgage loan underthe Benchmark 2023-V2 PSA, (ii) Wilmington Trust, NationalAssociation, as trustee under the BBCMS 2022-C16 PSA, pursuant to which theOak Ridge Office Park mortgage loan is serviced and (iii)Wells Fargo Bank, National Association, asmaster servicer under the MSWF 2023-1 PSA, pursuant to which the RialtoIndustrial mortgage loan is serviced, are not included in this report on Form10-K because each of BellOak, LLC, Wilmington Trust, National Association andWells Fargo Bank, National Association performed activities that address theservicing criteria specified in Item 1122(d) of Regulation AB with respect to5% or less of the pool assets of the issuing entity. This annual report on Form10-K does not include the reports on assessment of compliance with servicingcriteria and attestation reports on assessment of compliance with servicingcriteria of (i) ComputershareTrust Company, National Association as certificate administrator under the FIVE2023-V1 PSA, the BBCMS 2022-C18 PSA, the 3650R 2022-PF2 PSA, the Benchmark2023-B38 PSA, the Benchmark 2023-V2 PSA, the Benchmark 2022-B37 PSA, the BMO2022-C3 PSA, the BBCMS 2023-C19 PSA, the BBCMS 2022-C16 PSA, the BMO 2023-C5PSA, the BBCMS 2022-C17 PSA and the MSWF 2023-1 PSA and (ii) Wells FargoBank, National Association, as certificate administrator under the 3650R2021-PF1 PSA, because the certificate administrator under each such pooling andservicing agreement or trust and servicing agreement, asapplicable, does not perform any activities that address the servicingcriteria specified in Item 1122(d) of Regulation AB with respect to the issuingentity. 

 

15.  This report on Form 10-K does not include the servicercompliance statements of (i) K-Star Asset Management LLC, as special servicerfor the Kingston Square Apartments mortgage loan under the BMO 2022-C3 PSA onand after May 10, 2023, (ii) KeyBank National Association, as master servicerunder the BBCMS 2023-C19 PSA, pursuant to which the Latitude at South Portlandmortgage loan is serviced on and after April 27, 2023,(iii) K-Star Asset Management LLC, as special servicer for the Latitude atSouth Portland mortgage loan under the BBCMS 2023-C19 PSA on and after April27, 2023, (iv) KeyBank National Association, as master servicer and as specialservicer under the BBCMS 2022-C17 PSA, pursuant to which the Park West Villagemortgage loan is serviced and (v) Wells Fargo Bank, National Association, asmaster servicer under the MSWF 2023-1 PSA, pursuant to which the RialtoIndustrial mortgage loan is serviced on and after May 25, 2023, because each ofK-Star Asset Management LLC, KeyBank National Association and Wells Fargo Bank,National Association is an unaffiliated party that services less than 10% ofthe pool assets of the issuing entity, and therefore is not a servicer thatmeets the criteria in Item 1108(a)(2)(i) through (iii) of Regulation AB. This annual report on Form 10-K does not include the servicer compliancestatements of (i) Computershare Trust Company, National Association ascertificate administrator under the FIVE 2023-V1 PSA, the BBCMS 2022-C18 PSA,the 3650R 2022-PF2 PSA, the Benchmark 2023-B38 PSA, the Benchmark 2023-V2 PSA,the Benchmark 2022-B37 PSA, the BMO 2022-C3 PSA, the BBCMS 2023-C19 PSA, theBBCMS 2022-C16 PSA, the BMO 2023-C5 PSA, the BBCMS 2022-C17 PSA and the MSWF2023-1 PSA and (ii) Wells Fargo Bank, National Association, as certificateadministrator under the 3650R 2021-PF1 PSA, because the certificateadministrator under each such pooling and servicing agreement or trust andservicing agreement, as applicable, is not a servicer that meets the criteriain Item 1108(a)(2)(i) through (iii) of Regulation AB with respect to theissuing entity.

 

| **PART I**

  |
|-------------------------|
| **Item 1.**        | **Business.** |
|                    | Omitted. |
| **Item 1A.**       | **Risk Factors.** |
|                    | Omitted. |
| **Item 1B.**       | **Unresolved Staff  Comments.** |
|                    | None. |
| **Item 1C.**            | **Cybersecurity.**

Omitted. |
| **Item 2.**        | **Properties.** |
|                    | Omitted. |
| **Item 3.**        | **Legal Proceedings.** |
|                    | Omitted. |
| **Item 4.**        | **Mine Safety Disclosures.** |
|                    |   |   |

 

| **PART II**

  |
|--------------------------|
| **Item 5.**         | **Market for Registrant's  Common Equity, Related Stockholder Matters and Issuer Purchases of Equity  Securities.** |
|                     | Omitted. |
| **Item 6.**         | **Selected Financial Data.** |
|                     | Omitted. |
| **Item 7.**         | **Management's Discussion  and Analysis of Financial Condition and Results of Operations.** |
|                     | Omitted. |
| **Item 7A.**        | **Quantitative and  Qualitative Disclosures About Market Risk.** |
|                     | Omitted. |
| **Item 8.**         | **Financial Statements and  Supplementary Data.** |
|                     | Omitted. |
| **Item 9.**         | **Changes in and  Disagreements With Accountants on Accounting and Financial Disclosure.** |
|                     | Omitted. |
| **Item 9A.**        | **Controls and Procedures.** |
|                     | Omitted. |
| **Item 9B.**        | **Other Information.** |
|                     | None. |
| **Item 9C.**        | **Disclosure regarding  Foreign Jurisdictions that Prevent Inspections.** |
|                     | Not applicable. |
|                     |   |   |

 

| **PART III**

  |
|---------------------------|
| **Item 10.**         | **Directors, Executive  Officers and Corporate Governance.** |
|                      | Omitted. |
| **Item 11.**         | **Executive Compensation.** |
|                      | Omitted. |
| **Item 12.**         | **Security Ownership of  Certain Beneficial Owners and Management and Related Stockholder Matters.** |
|                      | Omitted. |
| **Item 13.**         | **Certain Relationships and  Related Transactions, and Director Independence.** |
|                      | Omitted. |
| **Item 14.**         | **Principal Accounting Fees  and Services.** |
|                      | Omitted. |
|                      |   |   |

 

**ADDITIONAL DISCLOSURE ITEMS FOR REGULATIONAB**

 

**Item 1112(b) of Regulation AB, Significant Obligor FinancialInformation.**

 

With respect to the pool assets for BMO 2023-C4 Mortgage Trust,there are no significant obligors within the meaning of Item 1101(k) ofRegulation AB.

 

**Item 1114(b)(2) of Regulation AB, Significant Enhancement ProviderFinancial Information.**

 

No entity or group of affiliated entities provides any externalcredit enhancement, uses any derivative instruments or other support for thecertificates within this transaction.

 

**Item 1115(b) of Regulation AB, Certain Derivatives Instruments(Financial Information).**

 

No entity or group of affiliated entities provides any externalcredit enhancement, uses any derivative instruments or other support for thecertificates within this transaction.

 

**Item 1117 of Regulation AB, Legal Proceedings.**

 

The registrant knows of no legal proceeding pending against thesponsors, depositor, trustee, issuing entity, servicer contemplated by Item1108(a)(3) of Regulation AB, originator contemplated by Item 1110(b) ofRegulation AB, or other party contemplated by Item 1100(d)(1) of Regulation AB,or of which any property of the foregoing is the subject, that is material tosecurity holders.

** **

**Item 1119 of Regulation AB, Affiliations and Certain Relationshipsand Related Transactions.**

 

Provided previously in the prospectus of the Registrant relating tothe issuing entity and filed on February 14, 2023 pursuant to Rule 424(b)(2) ofthe Securities Act of 1933, as amended.

 

**Item 1122 of Regulation AB, Compliance with Applicable ServicingCriteria.**

 

The reports on assessment of compliance with theservicing criteria for asset-backed securities and the related attestationreports on such assessments of compliance are attached hereto under Item 15.

 

**Item 1123 of Regulation AB, Servicer Compliance Statement.**

 

The servicer compliance statements are attached hereto under Item15.

 

**PART IV**

 

**Item 15. Exhibits, Financial Statement Schedules.**

 

(a) List the following documents filed as part of the report:

 

(1) Not Applicable

 

(2) Not Applicable

 

(3) Exhibits listed below are either included or incorporated byreference as indicated below:

 

(4.1) Poolingand Servicing Agreement, dated as of February 1, 2023 (the “BMO 2023-C4 PSA”),by and among BMO Commercial Mortgage Securities LLC, as depositor, Midland LoanServices, a Division of PNC Bank, National Association, as master servicer, LNRPartners, LLC, as special servicer, Pentalpha Surveillance LLC, as operatingadvisor and as asset representations reviewer, and Computershare Trust Company,National Association, as certificate administrator and trustee (filed asExhibit 4.1 to the registrant's Current Report on Form 8-K dated February 14,2023, and filed on February 14, 2023 under Commission File No. 333-255934-04,and is incorporated by reference herein).

 

(4.2) Poolingand Servicing Agreement, dated as of February 1, 2023 (the “FIVE 2023-V1 PSA”),by and among Deutsche Mortgage & Asset Receiving Corporation, as depositor,Midland Loan Services, a Division of PNC Bank, National Association, as masterservicer, Greystone Servicing Company LLC, as special servicer, Park BridgeLender Services LLC, as operating advisor and as asset representationsreviewer, and Computershare Trust Company, National Association, as certificateadministrator, paying agent, custodian and trustee (filed as Exhibit 4.1 to theregistrant's Current Report on Form 8-K dated February 28, 2023, and filed onMarch 6, 2023 under Commission File No. 333-255934-04, and is incorporated byreference herein). (See Explanatory Note 1)

 

(4.3) Poolingand Servicing Agreement, dated as of December 1, 2022 (the “BBCMS 2022-C18PSA”), by and among Barclays Commercial Mortgage Securities LLC, as depositor,Midland Loan Services, a Division of PNC Bank, National Association, as masterservicer, Rialto Capital Advisors, LLC, as special servicer, Park Bridge LenderServices LLC, as operating advisor and as asset representations reviewer, andComputershare Trust Company, National Association, as certificate administratorand trustee (filed as Exhibit 4.2 to the registrant's Current Report on Form8-K dated February 14, 2023, and filed on February 14, 2023 under Commission FileNo. 333-255934-04, and is incorporated by reference herein). (See ExplanatoryNote 2)

 

(4.4)  Poolingand Servicing Agreement, dated as of November 1, 2022 (the “3650R 2022-PF2PSA”), by and among 3650 REIT Commercial Mortgage Securities II LLC, asdepositor, Midland Loan Services, a Division of PNC Bank, National Association,as master servicer, 3650 REIT Loan Servicing LLC, as special servicer, ParkBridge Lender Services LLC, as operating advisor and as asset representationsreviewer, and Computershare Trust Company, National Association, as certificateadministrator and trustee (filed as Exhibit 4.5 to the registrant'sCurrent Report on Form 8-K dated February 14, 2023, and filed on February 14,2023 under Commission File No. 333-255934-04, and is incorporated by referenceherein). (See Explanatory Note 3)

 

(4.5) Poolingand Servicing Agreement, dated as of April 1, 2023 (the “Benchmark 2023-B38PSA”), by and among Deutsche Mortgage & Asset Receiving Corporation, asdepositor, Midland Loan Services, a Division of PNC Bank, National Association,as master servicer, LNR Partners, LLC, as general special servicer, ArgenticServices Company LP, as Pacific Design Center special servicer, Park BridgeLender Services LLC, as operating advisor and as asset representationsreviewer, and Computershare Trust Company, National Association, as certificateadministrator, paying agent, custodian and trustee (filed as Exhibit 4.1 to theregistrant's Current Report on Form 8-K dated April 21, 2023, and on April 27,2023 under Commission File No. 333-255934-04, and is incorporated by referenceherein).  (See Explanatory Note 4)

 

(4.6) Poolingand Servicing Agreement, dated as of May 1, 2023 (the “Benchmark 2023-V2 PSA”),by and among Citigroup Commercial Mortgage Securities Inc., as depositor,Midland Loan Services, a Division of PNC Bank, National Association, as masterservicer, 3650 REIT Loan Servicing LLC, as special servicer, BellOak, LLC, asoperating advisor and as asset representations reviewer, and ComputershareTrust Company, National Association, as certificate administrator and trustee(filed as Exhibit 4.1 to the registrant's Current Report on Form 8-K dated May25, 2023, and on May 31, 2023 under Commission File No. 333-255934-04, and isincorporated by reference herein). (See Explanatory Note 5)

 

(4.7) Poolingand Servicing Agreement, dated as of October 1, 2022 (the “Benchmark 2022-B37PSA”), by and among GS Mortgage Securities Corporation II, as depositor,Midland Loan Services, a Division of PNC Bank, National Association, as masterservicer, Rialto Capital Advisors, LLC, as special servicer, PentalphaSurveillance LLC, as operating advisor and as asset representations reviewer,and Computershare Trust Company, National Association, as certificateadministrator and trustee (filed as Exhibit 4.3 to the registrant's CurrentReport on Form 8-K dated February 14, 2023, and filed on February 14, 2023under Commission File No. 333-255934-04, and is incorporated by referenceherein). (See Explanatory Note 6)

 

(4.8) Poolingand Servicing Agreement, dated as of October 1, 2022 (the “BMO 2022-C3 PSA”),by and among BMO Commercial Mortgage Securities LLC, as depositor, Midland LoanServices, a Division of PNC Bank, National Association, as master servicer,Midland Loan Services, a Division of PNC Bank, National Association, as specialservicer, Park Bridge Services LLC, as operating advisor and as assetrepresentations reviewer, and Computershare Trust Company, NationalAssociation, as certificate administrator and trustee (filed as Exhibit 4.6 tothe registrant's Current Report on Form 8-K dated February 14, 2023, and filedon February 14, 2023 under Commission File No. 333-255934-04, and isincorporated by reference herein). (See Explanatory Note 7)

 

(4.9) Poolingand Servicing Agreement, dated as of April 1, 2023 (the “BBCMS 2023-C19 PSA”),by and among Barclays Commercial Mortgage Securities LLC, as depositor, KeyBankNational Association, as master servicer, K-Star Asset Management LLC, asspecial servicer, Pentalpha Surveillance LLC, as operating advisor and as assetrepresentations reviewer, and Computershare Trust Company, NationalAssociation, as certificate administrator and trustee (filed as Exhibit 4.1 tothe registrant's Current Report on Form 8-K dated April 27, 2023, and filed onMay 3, 2023 under Commission File No. 333-255934-04, and is incorporated byreference herein).  (See Explanatory Note 8)

 

(4.10) Poolingand Servicing Agreement, dated as of July 1, 2022 (the “BBCMS 2022-C16 PSA”),by and among Barclays Commercial Mortgage Securities LLC, as depositor, MidlandLoan Services, a Division of PNC Bank, National Association, as masterservicer, LNR Partners, LLC, as special servicer, Park Bridge Lender ServicesLLC, as operating advisor and as asset representations reviewer, WilmingtonTrust, National Association, as trustee, and Computershare Trust Company,National Association, as certificate administrator (filed as Exhibit 4.8 to theregistrant's Current Report on Form 8-K dated February 14, 2023, and filed onFebruary 14, 2023 under Commission File No. 333-255934-04, and is incorporatedby reference herein).  (See Explanatory Note 9)

 

(4.11) Poolingand Servicing Agreement, dated as of June 1, 2023 (the “BMO 2023-C5 PSA”), byand among BMO Commercial Mortgage Securities LLC, as depositor, Midland LoanServices, a Division of PNC Bank, National Association, as master servicer,Rialto Capital Advisors, LLC, as special servicer, Park Bridge Lender ServicesLLC, as operating advisor and as asset representations reviewer, andComputershare Trust Company, National Association, as certificate administratorand trustee (filed as Exhibit 4.1 to the registrant's Current Report on Form8-K dated June 21, 2023, and filed on June 27, 2023 under Commission File No.333-255934-04, and is incorporated by reference herein). (See Explanatory Note10)

 

(4.12) Poolingand Servicing Agreement, dated as of September 1, 2022 (the “BBCMS 2022-C17PSA”), by and among Barclays Commercial Mortgage Securities LLC, as depositor,KeyBank National Association, as master servicer, Argentic Services Company LP,as special servicer, KeyBank National Association, as  Park West Villagespecial servicer, Pentalpha Surveillance LLC, as operating advisor and as assetrepresentations reviewer, Wilmington Trust National Association, as trustee,and Computershare Trust Company, National Association, as certificateadministrator (filed as Exhibit 4.4 to the registrant's Current Report on Form8-K dated February 14, 2023, and filed on February 14, 2023 under CommissionFile No. 333-255934-04, and is incorporated by reference herein).  (SeeExplanatory Note 11)

 

(4.13) Poolingand Servicing Agreement, dated as of November 1, 2021 (the “3650R 2021-PF1PSA”), by and among 3650 REIT Commercial Mortgage Securities II LLC, asdepositor, Midland Loan Services, a Division of PNC Bank, National Association,as master servicer, 3650 REIT Loan Servicing LLC, as special servicer, ParkBridge Lender Services LLC, as operating advisor and as asset representationsreviewer, Wells Fargo Bank, National Association, as certificate administratorand trustee (filed as Exhibit 4.7 to the registrant's Current Report on Form8-K dated February 14, 2023, and filed on February 14, 2023 under CommissionFile No. 333-255934-04, and is incorporated by reference herein). (SeeExplanatory Note 12)

 

(4.14) Poolingand Servicing Agreement, dated as of May 1, 2023 (the “MSWF 2023-1 PSA”), byand among Morgan Stanley Capital I Inc., as depositor, Wells Fargo Bank,National Association, as master servicer, Argentic Services Company LP, asspecial servicer, Computershare Trust Company, National Association, ascertificate administrator and trustee, and Pentalpha Surveillance LLC, asoperating advisor and as asset representations reviewer, (filed as Exhibit 4.1to the registrant's Current Report on Form 8-K filed on March 28, 2024 underCommission File No. 333-255934-04, and is incorporated by referenceherein).  (See Explanatory Note 13)

 

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

 

33 Reports on assessment of compliance with servicing criteria for asset-backedsecurities. (See Explanatory Note 14)

 

33.1Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer

 

33.2 LNR Partners, LLC, as specialservicer

 

33.3 Pentalpha Surveillance LLC, asoperating advisor

 

33.4 Computershare Trust Company,National Association, as certificate administrator and trustee

 

33.5 Computershare Trust Company,National Association, as custodian

 

33.6  Arbor Multifamily Lending, LLC, as primary servicer

 

33.7 Midland Loan Services, a Divisionof PNC Bank, National Association, as master servicer under the FIVE 2023-V1PSA, pursuant to which the 575 Broadway mortgage loan and the Gilardian NYCPortfolio mortgage loan are serviced. (see Exhibit 33.1)

 

33.8 Greystone Servicing Company LLC,as special servicer for the 575 Broadway mortgage loan and the Gilardian NYCPortfolio mortgage loan under the FIVE 2023-V1 PSA.

 

33.9 Park Bridge Lender Services LLC,as operating advisor for the 575 Broadway mortgage loan and the Gilardian NYCPortfolio mortgage loan under the FIVE 2023-V1 PSA.

 

33.10 Computershare Trust Company,National Association, as custodian for the 575 Broadway mortgage loan and theGilardian NYC Portfolio mortgage loan under the FIVE 2023-V1 PSA. (see Exhibit33.5)

 

33.11 Computershare Trust Company,National Association, as trustee under the FIVE 2023-V1 PSA, pursuant to whichthe 575 Broadway mortgage loan and the Gilardian NYC Portfolio mortgage loanare serviced. (see Exhibit 33.4)

 

33.12 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the BBCMS2022-C18 PSA, pursuant to which the 70 Hudson Street mortgage loan, the WRS RetailPortfolio loan and the Rialto Industrial mortgage loan (prior to May 25, 2023in the case of the Rialto Industrial mortgage loan) are serviced. (see Exhibit33.1)

 

33.13 Rialto Capital Advisors, LLC,as special servicer for the 70 Hudson Street mortgage loan, the WRS RetailPortfolio loan and the Rialto Industrial mortgage loan (prior to May 25, 2023in the case of the Rialto Industrial mortgage loan) under the BBCMS 2022-C18PSA.

  

33.14 Park Bridge Lender Services LLC,as operating advisor for the 70 Hudson Street mortgage loan, the WRS RetailPortfolio loan and the Rialto Industrial mortgage loan (prior to May 25, 2023in the case of the Rialto Industrial mortgage loan) under the BBCMS 2022-C18PSA. (see Exhibit 33.9)

 

33.15 Computershare Trust Company,National Association, as custodian for the 70 Hudson Street mortgage loan, theWRS Retail Portfolio loan and the Rialto Industrial mortgage loan (prior to May25, 2023 in the case of the Rialto Industrial mortgage loan) under the BBCMS2022-C18 PSA. (see Exhibit 33.5)

 

33.16 Computershare Trust Company,National Association, as trustee under the BBCMS 2022-C18 PSA, pursuant towhich the 70 Hudson Street mortgage loan, the WRS Retail Portfolio loan and theRialto Industrial mortgage loan (prior to May 25, 2023 in the case of theRialto Industrial mortgage loan) are serviced. (see Exhibit 33.4)

 

33.17 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the 3650R2022-PF2 PSA, pursuant to which the 800 Cesar Chavez mortgage loan and theTriple Net Portfolio mortgage loan are serviced. (see Exhibit 33.1)

 

33.18 3650 REIT Loan Servicing LLC,as special servicer for the 800 Cesar Chavez mortgage loan and the Triple NetPortfolio mortgage loan under the 3650R 2022-PF2 PSA.

 

33.19 Park Bridge Lender Services LLC,as operating advisor for the 800 Cesar Chavez mortgage loan and the Triple NetPortfolio mortgage loan under the 3650R 2022-PF2 PSA. (see Exhibit 33.9)

 

33.20 Computershare Trust Company, NationalAssociation, as custodian for the 800 Cesar Chavez mortgage loan and the TripleNet Portfolio mortgage loan under the 3650R 2022-PF2 PSA. (see Exhibit 33.5)

 

33.21 Computershare Trust Company,National Association, as trustee under the 3650R 2022-PF2 PSA, pursuant towhich the 800 Cesar Chavez mortgage loan and the Triple Net Portfolio mortgageloan are serviced. (see Exhibit 33.4)

 

33.22 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under theBenchmark 2023-B38 PSA, pursuant to which the Great Lakes Crossing Outletsmortgage loan is serviced. (see Exhibit 33.1)

 

33.23 LNR Partners, LLC, as specialservicer for the Great Lakes Crossing Outlets mortgage loan under the Benchmark2023-B38 PSA. (see Exhibit 33.2)

 

33.24 Park Bridge Lender Services LLC,as operating advisor for the Great Lakes Crossing Outlets mortgage loan underthe Benchmark 2023-B38 PSA. (see Exhibit 33.9)

 

33.25 Computershare Trust Company,National Association, as custodian for the Great Lakes Crossing Outletsmortgage loan under the Benchmark 2023-B38 PSA. (see Exhibit 33.5)

 

33.26 Computershare Trust Company,National Association, as trustee under the Benchmark 2023-B38 PSA, pursuant towhich the Great Lakes Crossing Outlets mortgage loan is serviced. (see Exhibit33.4)

 

33.27 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under theBenchmark 2023-V2 PSA, pursuant to which the Green Acres mortgage loan isserviced. (see Exhibit 33.1)

 

33.28 3650 REIT Loan Servicing LLC,as special servicer for the Green Acres mortgage loan under the Benchmark2023-V2 PSA. (see Exhibit 33.18)

 

33.29 BellOak, LLC, as operating advisor for the Green Acresmortgage loan under the Benchmark 2023-V2 PSA (omitted; see Explanatory Note15)

 

33.30 Computershare Trust Company,National Association, as custodian for the Green Acres mortgage loan under theBenchmark 2023-V2 PSA. (see Exhibit 33.5)

 

33.31 Computershare Trust Company,National Association, as trustee under the Benchmark 2023-V2 PSA, pursuant towhich the Green Acres mortgage loan is serviced. (see Exhibit 33.4)

 

33.32 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under theBenchmark 2022-B37 PSA, pursuant to which the IPG Portfolio mortgage loan isserviced. (see Exhibit 33.1)

 

33.33 Rialto Capital Advisors, LLC,as special servicer for the IPG Portfolio mortgage loan under the Benchmark2022-B37 PSA. (see Exhibit 33.13)

  

33.34 Pentalpha Surveillance LLC, asoperating advisor for the IPG Portfolio mortgage loan under the Benchmark2022-B37 PSA. (see Exhibit 33.3)

 

33.35 Computershare Trust Company,National Association, as custodian for the IPG Portfolio mortgage loan underthe Benchmark 2022-B37 PSA. (see Exhibit 33.5)

 

33.36 Computershare Trust Company,National Association, as trustee under the Benchmark 2022-B37 PSA, pursuant towhich the IPG Portfolio mortgage loan is serviced. (see Exhibit 33.4)

 

33.37 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the BMO2022-C3 PSA, pursuant to which the Kingston Square Apartments mortgage loan isserviced. (see Exhibit 33.1)

 

33.38 Midland Loan Services, aDivision of PNC Bank, National Association, as special servicer for theKingston Square Apartments mortgage loan under the BMO 2022-C3 PSA prior to May10, 2023. (see Exhibit 33.1)

 

33.39  K-Star Asset ManagementLLC, as special servicer for the Kingston Square Apartments mortgage loan underthe BMO 2022-C3 PSA on and after May 10, 2023.

 

33.40 Park Bridge Lender Services LLC,as operating advisor for the Kingston Square Apartments mortgage loan under theBMO 2022-C3 PSA. (see Exhibit 33.9)

 

33.41 Computershare Trust Company,National Association, as custodian for the Kingston Square Apartments mortgageloan under the BMO 2022-C3 PSA. (see Exhibit 33.5)

 

33.42 Computershare Trust Company,National Association, as trustee under the BMO 2022-C3 PSA, pursuant to whichthe Kingston Square Apartments mortgage loan is serviced. (see Exhibit 33.4)

 

33.43 KeyBank National Association,as master servicer under the BBCMS 2023-C19 PSA, pursuant to which the Latitudeat South Portland mortgage loan is serviced.

 

33.44 K-Star Asset Management LLC, asspecial servicer for the Latitude at South Portland mortgage loan under theBBCMS 2023-C19 PSA. (see Exhibit 33.39)

  

33.45 Pentalpha Surveillance LLC, asoperating advisor for the Latitude at South Portland mortgage loan under theBBCMS 2023-C19 PSA. (see Exhibit 33.3)

 

33.46 Computershare Trust Company,National Association, as custodian for the Latitude at South Portland mortgageloan under the BBCMS 2023-C19 PSA. (see Exhibit 33.5)

 

33.47 Computershare Trust Company,National Association, as trustee under the BBCMS 2023-C19 PSA, pursuant towhich the Latitude at South Portland mortgage loan is serviced. (see Exhibit33.4)

 

33.48 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the BBCMS2022-C16 PSA, pursuant to which the Oak Ridge Office Park mortgage loan isserviced. (see Exhibit 33.1)

 

33.49 LNR Partners, LLC, as specialservicer for the Oak Ridge Office Park mortgage loan under the BBCMS 2022-C16PSA. (see Exhibit 33.2)

  

33.50 Park Bridge Lender Services LLC,as operating advisor for the Oak Ridge Office Park mortgage loan under theBBCMS 2022-C16 PSA. (see Exhibit 33.9)

 

33.51 Computershare Trust Company, NationalAssociation, as custodian for the Oak Ridge Office Park mortgage loan under theBBCMS 2022-C16 PSA. (see Exhibit 33.5)

 

33.52 Wilmington Trust, National Association, as trustee under theBBCMS 2022-C16 PSA, pursuant to which the Oak Ridge Office Park mortgage loanis serviced. (omitted; see Explanatory Note 14)

 

33.53 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the BMO2023-C5 PSA, pursuant to which the Orizon Aerostructures mortgage loan isserviced. (see Exhibit 33.1)

 

33.54 Rialto Capital Advisors, LLC,as special servicer for the Orizon Aerostructures mortgage loan under the BMO2023-C5 PSA. (see Exhibit 33.13)

  

33.55 Park Bridge Lender Services LLC,as operating advisor for the Orizon Aerostructures mortgage loan under the BMO2023-C5 PSA. (see Exhibit 33.9)

 

33.56 Computershare Trust Company,National Association, as custodian for the Orizon Aerostructures mortgage loanunder the BMO 2023-C5 PSA. (see Exhibit 33.5)

 

33.57 Computershare Trust Company,National Association, as trustee under the BMO 2023-C5 PSA, pursuant to whichthe Orizon Aerostructures mortgage loan is serviced. (see Exhibit 33.4)

 

33.58 KeyBank National Association,as master servicer under the BBCMS 2022-C17 PSA, pursuant to which the ParkWest Village mortgage loan is serviced. (see Exhibit 33.43)

  

33.59 KeyBank National Association,as Park West Village special servicer for the Park West Village mortgage loanunder the BBCMS 2022-C17 PSA. (see Exhibit 33.43)

 

33.60 Pentalpha Surveillance LLC, asoperating advisor for the Park West Village mortgage loan under the BBCMS2022-C17 PSA. (see Exhibit 33.3)

 

33.61 Computershare Trust Company,National Association, as custodian for the Park West Village mortgage loanunder the BBCMS 2022-C17 PSA. (see Exhibit 33.5)

 

33.62 Computershare Trust Company,National Association, as trustee under the BBCMS 2022-C17 PSA, pursuant towhich the Park West Village mortgage loan is serviced. (see Exhibit 33.4)

 

33.63 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the 3650R2021-PF1 PSA, pursuant to which the PetSmart HQ mortgage loan is serviced. (seeExhibit 33.1)

 

33.64 3650 REIT Loan Servicing LLC,as special servicer for the for the PetSmart HQ mortgage loan under the 3650R2021-PF1 PSA. (see Exhibit 33.18)

 

33.65 Park Bridge Lender Services LLC,as operating advisor for the PetSmart HQ mortgage loan under the 3650R 2021-PF1PSA. (see Exhibit 33.9)

 

33.66 Wells Fargo Bank, NationalAssociation, as custodian for the PetSmart HQ mortgage loan under the 3650R2021-PF1 PSA.

 

33.67 Computershare Trust Company,National Association, as agent for Wells Fargo Bank, National Association, ascustodian for the PetSmart HQ mortgage loan under the 3650R 2021-PF1 PSA. (seeExhibit 33.5)

 

33.68 Wells Fargo Bank, NationalAssociation, as trustee under the 3650R 2021-PF1 PSA, pursuant to which thePetSmart HQ mortgage loan is serviced.

 

33.69 Computershare Trust Company,National Association, as agent for Wells Fargo Bank, National Association, astrustee under the 3650R 2021-PF1 PSA, pursuant to which the PetSmart HQmortgage loan is serviced. (see Exhibit 33.4)

 

33.70 Wells Fargo Bank, National Association, as master servicerunder the MSWF 2023-1 PSA, pursuant to which the Rialto Industrial mortgageloan is serviced on and after May 25, 2023. (omitted; see Explanatory Note 14)

  

33.71 Argentic Services Company LP, as special servicer for theRialto Industrial mortgage loan under the MSWF 2023-1 PSA. (omitted; seeExplanatory Note 14)

 

33.72 Pentalpha Surveillance LLC, asoperating advisor for the Rialto Industrial mortgage loan under the MSWF 2023-1PSA. (see Exhibit 33.3)

 

33.73 Computershare Trust Company,National Association, as custodian for the Rialto Industrial mortgage loanunder the MSWF 2023-1 PSA. (see Exhibit 33.5)

 

33.74 Computershare Trust Company,National Association, as trustee under the MSWF 2023-1 PSA, pursuant to whichthe Rialto Industrial mortgage loan is serviced. (see Exhibit 33.4)

 

34 Attestation reports on assessment of compliance with servicingcriteria for asset-backed securities. (SeeExplanatory Note 14)

 

34.1Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer

 

34.2 LNR Partners, LLC, as specialservicer

 

34.3 Pentalpha Surveillance LLC, asoperating advisor

 

34.4 Computershare Trust Company,National Association, as certificate administrator and trustee

 

34.5 Computershare Trust Company,National Association, as custodian

 

34.6  Arbor MultifamilyLending, LLC, as primary servicer

 

34.7 Midland Loan Services, a Divisionof PNC Bank, National Association, as master servicer under the FIVE 2023-V1PSA, pursuant to which the 575 Broadway mortgage loan and the Gilardian NYCPortfolio mortgage loan are serviced. (see Exhibit 34.1)

 

34.8 Greystone Servicing Company LLC,as special servicer for the 575 Broadway mortgage loan and the Gilardian NYCPortfolio mortgage loan under the FIVE 2023-V1 PSA.

 

34.9 Park Bridge Lender Services LLC,as operating advisor for the 575 Broadway mortgage loan and the Gilardian NYC Portfoliomortgage loan under the FIVE 2023-V1 PSA.

 

34.10 Computershare Trust Company,National Association, as custodian for the 575 Broadway mortgage loan and theGilardian NYC Portfolio mortgage loan under the FIVE 2023-V1 PSA. (see Exhibit34.5)

 

34.11 Computershare Trust Company,National Association, as trustee under the FIVE 2023-V1 PSA, pursuant to whichthe 575 Broadway mortgage loan and the Gilardian NYC Portfolio mortgage loanare serviced. (see Exhibit 34.4)

 

34.12 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the BBCMS2022-C18 PSA, pursuant to which the 70 Hudson Street mortgage loan, the WRSRetail Portfolio loan and the Rialto Industrial mortgage loan (prior to May 25,2023 in the case of the Rialto Industrial mortgage loan) are serviced. (seeExhibit 34.1)

 

34.13 Rialto Capital Advisors, LLC,as special servicer for the 70 Hudson Street mortgage loan, the WRS RetailPortfolio loan and the Rialto Industrial mortgage loan (prior to May 25, 2023in the case of the Rialto Industrial mortgage loan) under the BBCMS 2022-C18PSA.

  

34.14 Park Bridge Lender Services LLC,as operating advisor for the 70 Hudson Street mortgage loan, the WRS RetailPortfolio loan and the Rialto Industrial mortgage loan (prior to May 25, 2023in the case of the Rialto Industrial mortgage loan) under the BBCMS 2022-C18PSA. (see Exhibit 34.9)

 

34.15 Computershare Trust Company, NationalAssociation, as custodian for the 70 Hudson Street mortgage loan, the WRSRetail Portfolio loan and the Rialto Industrial mortgage loan (prior to May 25,2023 in the case of the Rialto Industrial mortgage loan) under the BBCMS2022-C18 PSA. (see Exhibit 34.5)

 

34.16 Computershare Trust Company,National Association, as trustee under the BBCMS 2022-C18 PSA, pursuant towhich the 70 Hudson Street mortgage loan, the WRS Retail Portfolio loan and theRialto Industrial mortgage loan (prior to May 25, 2023 in the case of theRialto Industrial mortgage loan) are serviced. (see Exhibit 34.4)

 

34.17 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the 3650R2022-PF2 PSA, pursuant to which the 800 Cesar Chavez mortgage loan and theTriple Net Portfolio mortgage loan are serviced. (see Exhibit 34.1)

 

34.18 3650 REIT Loan Servicing LLC,as special servicer for the 800 Cesar Chavez mortgage loan and the Triple NetPortfolio mortgage loan under the 3650R 2022-PF2 PSA.

 

34.19 Park Bridge Lender Services LLC,as operating advisor for the 800 Cesar Chavez mortgage loan and the Triple NetPortfolio mortgage loan under the 3650R 2022-PF2 PSA. (see Exhibit 34.9)

 

34.20 Computershare Trust Company,National Association, as custodian for the 800 Cesar Chavez mortgage loan andthe Triple Net Portfolio mortgage loan under the 3650R 2022-PF2 PSA. (seeExhibit 34.5)

 

34.21 Computershare Trust Company,National Association, as trustee under the 3650R 2022-PF2 PSA, pursuant towhich the 800 Cesar Chavez mortgage loan and the Triple Net Portfolio mortgageloan are serviced. (see Exhibit 34.4)

 

34.22 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under theBenchmark 2023-B38 PSA, pursuant to which the Great Lakes Crossing Outletsmortgage loan is serviced. (see Exhibit 34.1)

 

34.23 LNR Partners, LLC, as specialservicer for the Great Lakes Crossing Outlets mortgage loan under the Benchmark2023-B38 PSA. (see Exhibit 34.2)

 

34.24 Park Bridge Lender Services LLC,as operating advisor for the Great Lakes Crossing Outlets mortgage loan underthe Benchmark 2023-B38 PSA. (see Exhibit 34.9)

 

34.25 Computershare Trust Company,National Association, as custodian for the Great Lakes Crossing Outletsmortgage loan under the Benchmark 2023-B38 PSA. (see Exhibit 34.5)

 

34.26 Computershare Trust Company,National Association, as trustee under the Benchmark 2023-B38 PSA, pursuant towhich the Great Lakes Crossing Outlets mortgage loan is serviced. (see Exhibit34.4)

 

34.27 Midland Loan Services, a Divisionof PNC Bank, National Association, as master servicer under the Benchmark2023-V2 PSA, pursuant to which the Green Acres mortgage loan is serviced. (seeExhibit 34.1)

 

34.28 3650 REIT Loan Servicing LLC,as special servicer for the Green Acres mortgage loan under the Benchmark2023-V2 PSA. (see Exhibit 34.18)

 

34.29 BellOak, LLC, as operating advisor for the Green Acres mortgageloan under the Benchmark 2023-V2 PSA. (omitted; see Explanatory Note 15)

 

34.30 Computershare Trust Company,National Association, as custodian for the Green Acres mortgage loan under theBenchmark 2023-V2 PSA. (see Exhibit 34.5)

 

34.31 Computershare Trust Company,National Association, as trustee under the Benchmark 2023-V2 PSA, pursuant towhich the Green Acres mortgage loan is serviced. (see Exhibit 34.4)

 

34.32 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under theBenchmark 2022-B37 PSA, pursuant to which the IPG Portfolio mortgage loan isserviced. (see Exhibit 34.1)

 

34.33 Rialto Capital Advisors, LLC,as special servicer for the IPG Portfolio mortgage loan under the Benchmark2022-B37 PSA. (see Exhibit 34.13)

  

34.34 Pentalpha Surveillance LLC, as operatingadvisor for the IPG Portfolio mortgage loan under the Benchmark 2022-B37 PSA.(see Exhibit 34.3)

 

34.35 Computershare Trust Company,National Association, as custodian for the IPG Portfolio mortgage loan underthe Benchmark 2022-B37 PSA. (see Exhibit 34.5)

 

34.36 Computershare Trust Company,National Association, as trustee under the Benchmark 2022-B37 PSA, pursuant towhich the IPG Portfolio mortgage loan is serviced. (see Exhibit 34.4)

 

34.37 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the BMO 2022-C3PSA, pursuant to which the Kingston Square Apartments mortgage loan isserviced. (see Exhibit 34.1)

 

34.38 Midland Loan Services, aDivision of PNC Bank, National Association, as special servicer for theKingston Square Apartments mortgage loan under the BMO 2022-C3 PSA prior to May10, 2023. (see Exhibit 34.1)

 

34.39  K-Star Asset ManagementLLC, as special servicer for the Kingston Square Apartments mortgage loan underthe BMO 2022-C3 PSA on and after May 10, 2023.

 

34.40 Park Bridge Lender Services LLC,as operating advisor for the Kingston Square Apartments mortgage loan under theBMO 2022-C3 PSA. (see Exhibit 34.9)

 

34.41 Computershare Trust Company,National Association, as custodian for the Kingston Square Apartments mortgageloan under the BMO 2022-C3 PSA. (see Exhibit 34.5)

 

34.42 Computershare Trust Company,National Association, as trustee under the BMO 2022-C3 PSA, pursuant to whichthe Kingston Square Apartments mortgage loan is serviced. (see Exhibit 34.4)

 

34.43 KeyBank National Association,as master servicer under the BBCMS 2023-C19 PSA, pursuant to which the Latitudeat South Portland mortgage loan is serviced.

 

34.44 K-Star Asset Management LLC, asspecial servicer for the Latitude at South Portland mortgage loan under theBBCMS 2023-C19 PSA. (see Exhibit 34.39)

  

34.45 Pentalpha Surveillance LLC, asoperating advisor for the Latitude at South Portland mortgage loan under theBBCMS 2023-C19 PSA. (see Exhibit 34.3)

 

34.46 Computershare Trust Company,National Association, as custodian for the Latitude at South Portland mortgageloan under the BBCMS 2023-C19 PSA. (see Exhibit 34.5)

 

34.47 Computershare Trust Company,National Association, as trustee under the BBCMS 2023-C19 PSA, pursuant towhich the Latitude at South Portland mortgage loan is serviced. (see Exhibit34.4)

 

34.48 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the BBCMS2022-C16 PSA, pursuant to which the Oak Ridge Office Park mortgage loan isserviced. (see Exhibit 34.1)

 

34.49 LNR Partners, LLC, as specialservicer for the Oak Ridge Office Park mortgage loan under the BBCMS 2022-C16PSA. (see Exhibit 34.2)

  

34.50 Park Bridge Lender Services LLC,as operating advisor for the Oak Ridge Office Park mortgage loan under theBBCMS 2022-C16 PSA. (see Exhibit 34.9)

 

34.51 Computershare Trust Company,National Association, as custodian for the Oak Ridge Office Park mortgage loanunder the BBCMS 2022-C16 PSA. (see Exhibit 34.5)

 

34.52 Wilmington Trust, National Association, as trustee under theBBCMS 2022-C16 PSA, pursuant to which the Oak Ridge Office Park mortgage loanis serviced. (omitted; see Explanatory Note 14)

 

34.53 Midland Loan Services, a Divisionof PNC Bank, National Association, as master servicer under the BMO 2023-C5PSA, pursuant to which the Orizon Aerostructures mortgage loan is serviced.(see Exhibit 34.1)

 

34.54 Rialto Capital Advisors, LLC,as special servicer for the Orizon Aerostructures mortgage loan under the BMO2023-C5 PSA. (see Exhibit 34.13)

  

34.55 Park Bridge Lender Services LLC,as operating advisor for the Orizon Aerostructures mortgage loan under the BMO2023-C5 PSA. (see Exhibit 34.9)

 

34.56 Computershare Trust Company,National Association, as custodian for the Orizon Aerostructures mortgage loanunder the BMO 2023-C5 PSA. (see Exhibit 34.5)

 

34.57 Computershare Trust Company,National Association, as trustee under the BMO 2023-C5 PSA, pursuant to whichthe Orizon Aerostructures mortgage loan is serviced. (see Exhibit 34.4)

 

34.58 KeyBank National Association,as master servicer under the BBCMS 2022-C17 PSA, pursuant to which the ParkWest Village mortgage loan is serviced. (see Exhibit 34.43)

  

34.59 KeyBank National Association,as Park West Village special servicer for the Park West Village mortgage loanunder the BBCMS 2022-C17 PSA. (see Exhibit 34.43)

 

34.60 Pentalpha Surveillance LLC, asoperating advisor for the Park West Village mortgage loan under the BBCMS2022-C17 PSA. (see Exhibit 34.3)

 

34.61 Computershare Trust Company,National Association, as custodian for the Park West Village mortgage loanunder the BBCMS 2022-C17 PSA. (see Exhibit 34.5)

 

34.62 Computershare Trust Company,National Association, as trustee under the BBCMS 2022-C17 PSA, pursuant towhich the Park West Village mortgage loan is serviced. (see Exhibit 34.4)

 

34.63 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the 3650R2021-PF1 PSA, pursuant to which the PetSmart HQ mortgage loan is serviced. (seeExhibit 34.1)

 

34.64 3650 REIT Loan Servicing LLC,as special servicer for the for the PetSmart HQ mortgage loan under the 3650R2021-PF1 PSA. (see Exhibit 34.18)

 

34.65 Park Bridge Lender Services LLC,as operating advisor for the PetSmart HQ mortgage loan under the 3650R 2021-PF1PSA. (see Exhibit 34.9)

 

34.66 Wells Fargo Bank, NationalAssociation, as custodian for the PetSmart HQ mortgage loan under the 3650R2021-PF1 PSA.

 

34.67 Computershare Trust Company,National Association, as agent for Wells Fargo Bank, National Association, ascustodian for the PetSmart HQ mortgage loan under the 3650R 2021-PF1 PSA. (seeExhibit 34.5)

 

34.68 Wells Fargo Bank, NationalAssociation, as trustee under the 3650R 2021-PF1 PSA, pursuant to which thePetSmart HQ mortgage loan is serviced.

 

34.69 Computershare Trust Company,National Association, as agent for Wells Fargo Bank, National Association, astrustee under the 3650R 2021-PF1 PSA, pursuant to which the PetSmart HQmortgage loan is serviced. (see Exhibit 34.4)

 

34.70 Wells Fargo Bank, National Association, as master servicerunder the MSWF 2023-1 PSA, pursuant to which the Rialto Industrial mortgageloan is serviced on and after May 25, 2023. (omitted; see Explanatory Note 14)

  

34.71 Argentic Services Company LP, as special servicer for theRialto Industrial mortgage loan under the MSWF 2023-1 PSA. (omitted; seeExplanatory Note 14)

 

34.72 Pentalpha Surveillance LLC, asoperating advisor for the Rialto Industrial mortgage loan under the MSWF 2023-1PSA. (see Exhibit 34.3)

 

34.73 Computershare Trust Company,National Association, as custodian for the Rialto Industrial mortgage loanunder the MSWF 2023-1 PSA. (see Exhibit 34.5)

 

34.74 Computershare Trust Company,National Association, as trustee under the MSWF 2023-1 PSA, pursuant to whichthe Rialto Industrial mortgage loan is serviced. (see Exhibit 34.4)

 

35 Servicer compliance statement. (See Explanatory Note 15)

 

35.1Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer

 

35.2 LNR Partners, LLC, as specialservicer

 

35.3 Computershare Trust Company,National Association, as certificate administrator

 

35.4  Arbor Multifamily Lending,LLC, as primary servicer

 

35.5 Midland Loan Services, a Divisionof PNC Bank, National Association, as master servicer under the FIVE 2023-V1PSA, pursuant to which the 575 Broadway mortgage loan and the Gilardian NYCPortfolio mortgage loan are serviced. (see Exhibit 35.1)

 

35.6 Greystone Servicing Company LLC,as special servicer for the 575 Broadway mortgage loan and the Gilardian NYCPortfolio mortgage loan under the FIVE 2023-V1 PSA.

 

35.7 Midland Loan Services, a Divisionof PNC Bank, National Association, as master servicer under the BBCMS 2022-C18PSA, pursuant to which the 70 Hudson Street mortgage loan, the WRS RetailPortfolio loan and the Rialto Industrial mortgage loan (prior to May 25, 2023in the case of the Rialto Industrial mortgage loan) are serviced. (see Exhibit35.1)

 

35.8 Rialto Capital Advisors, LLC, asspecial servicer for the 70 Hudson Street mortgage loan, the WRS RetailPortfolio loan and the Rialto Industrial mortgage loan (prior to May 25, 2023in the case of the Rialto Industrial mortgage loan) under the BBCMS 2022-C18PSA.

 

35.9 Midland Loan Services, a Divisionof PNC Bank, National Association, as master servicer under the 3650R 2022-PF2PSA, pursuant to which the 800 Cesar Chavez mortgage loan and the Triple NetPortfolio mortgage loan are serviced. (see Exhibit 35.1)

 

35.10 3650 REIT Loan Servicing LLC,as special servicer for the 800 Cesar Chavez mortgage loan and the Triple NetPortfolio mortgage loan under the 3650R 2022-PF2 PSA

 

35.11 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under theBenchmark 2023-B38 PSA, pursuant to which the Great Lakes Crossing Outletsmortgage loan is serviced. (see Exhibit 35.1)

 

35.12 LNR Partners, LLC, as specialservicer for the Great Lakes Crossing Outlets mortgage loan under the Benchmark2023-B38 PSA. (see Exhibit 35.2)

 

35.13 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under theBenchmark 2023-V2 PSA, pursuant to which the Green Acres mortgage loan isserviced. (see Exhibit 35.1)

 

35.14 3650 REIT Loan Servicing LLC,as special servicer for the Green Acres mortgage loan under the Benchmark2023-V2 PSA. (see Exhibit 35.10)

 

35.15 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under theBenchmark 2022-B37 PSA, pursuant to which the IPG Portfolio mortgage loan isserviced. (see Exhibit 35.1)

 

35.16 Rialto Capital Advisors, LLC, asspecial servicer for the IPG Portfolio mortgage loan under the Benchmark2022-B37 PSA. (see Exhibit 35.8)

 

35.17 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the BMO2022-C3 PSA, pursuant to which the Kingston Square Apartments mortgage loan isserviced. (see Exhibit 35.1)

 

35.18 Midland Loan Services, aDivision of PNC Bank, National Association, as special servicer for theKingston Square Apartments mortgage loan under the BMO 2022-C3 PSA prior to May10, 2023. (see Exhibit 35.1)

 

35.19 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the BBCMS2022-C16 PSA, pursuant to which the Oak Ridge Office Park mortgage loan isserviced. (see Exhibit 35.1)

 

35.20 LNR Partners, LLC, as specialservicer for the Oak Ridge Office Park mortgage loan under the BBCMS 2022-C16PSA. (see Exhibit 35.2)

 

35.21 Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the BMO2023-C5 PSA, pursuant to which the Orizon Aerostructures mortgage loan isserviced. (see Exhibit 35.1)

 

35.22 Rialto Capital Advisors, LLC, asspecial servicer for the Orizon Aerostructures mortgage loan under the BMO2023-C5 PSA. (see Exhibit 35.8)

 

35.23  Midland Loan Services, aDivision of PNC Bank, National Association, as master servicer under the 3650R2021-PF1 PSA, pursuant to which the PetSmart HQ mortgage loan is serviced. (seeExhibit 35.1)

 

35.24 3650 REIT Loan Servicing LLC,as special servicer for the for the PetSmart HQ mortgage loan under the 3650R2021-PF1 PSA. (see Exhibit 35.10)

 

35.25 Argentic Services Company LP,as special servicer for the Rialto Industrial mortgage loan under the MSWF2023-1 PSA.

 

99.1 MortgageLoan Purchase Agreement, dated as of February 1, 2023, between Bank of Montrealand BMO Commercial Mortgage Securities LLC, pursuant to which Bank of Montrealsold certain mortgage loans to BMO Commercial Mortgage Securities LLC (filed asExhibit 99.1 to the registrant's Current Report on Form 8-K dated February 14,2023, and filed on February 14, 2023 under Commission File No. 333-255934-04,and is incorporated by reference herein).

 

99.2 MortgageLoan Purchase Agreement, dated as of February 1, 2023, between Citi Real EstateFunding Inc. and BMO Commercial Mortgage Securities LLC, pursuant to which CitiReal Estate Funding Inc. sold certain mortgage loans to BMO Commercial MortgageSecurities LLC (filed as Exhibit 99.2 to the registrant's Current Report onForm 8-K dated February 14, 2023, and filed on February 14, 2023  underCommission File No. 333-255934-04, and is incorporated by reference herein).

 

99.3 MortgageLoan Purchase Agreement, dated as of February 1, 2023, between LMF Commercial,LLC and BMO Commercial Mortgage Securities LLC, pursuant to which LMFCommercial, LLC sold certain mortgage loans to BMO Commercial MortgageSecurities LLC (filed as Exhibit 99.3 to the registrant's Current Report onForm 8-K dated February 14, 2023, and filed on February 14, 2023 underCommission File No. 333-255934-04, and is incorporated by reference herein).

 

99.4 MortgageLoan Purchase Agreement, dated as of February 1, 2023, between Argentic RealEstate Finance LLC and BMO Commercial Mortgage Securities LLC, pursuant towhich Argentic Real Estate Finance LLC. sold certain mortgage loans to BMOCommercial Mortgage Securities LLC (filed as Exhibit 99.4 to the registrant'sCurrent Report on Form 8-K dated February 14, 2023, and filed on February 14,2023 under Commission File No. 333-255934-04, and is incorporated by referenceherein).

 

99.5 MortgageLoan Purchase Agreement, dated as of February 1, 2023, between 3650 Real EstateInvestment Trust 2 LLC and BMO Commercial Mortgage Securities LLC, pursuant towhich 3650 Real Estate Investment Trust 2 LLC sold certain mortgage loans toBMO Commercial Mortgage Securities LLC (filed as Exhibit 99.5 to theregistrant's Current Report on Form 8-K dated February 14, 2023, and filed onFebruary 14, 2023  under Commission File No. 333-255934-04, and isincorporated by reference herein).

 

99.6 MortgageLoan Purchase Agreement, dated as of February 1, 2023, between Natixis RealEstate Capital LLC and BMO Commercial Mortgage Securities LLC, pursuant towhich Natixis Real Estate Capital LLC sold certain mortgage loans to BMOCommercial Mortgage Securities LLC (filed as Exhibit 99.6 to the registrant'sCurrent Report on Form 8-K dated February 14, 2023, and filed on February 14,2023 under Commission File No. 333-255934-04, and is incorporated by referenceherein).

 

99.7 MortgageLoan Purchase Agreement, dated as of February 1, 2023, between OceanviewCommercial Mortgage Finance, LLC, Oceanview U.S. Holdings Corp. and BMOCommercial Mortgage Securities LLC, pursuant to which Oceanview CommercialMortgage Finance, LLC sold certain mortgage loans to BMO Commercial MortgageSecurities LLC (filed as Exhibit 99.7 to the registrant's Current Report onForm 8-K dated February 14, 2023, and filed on February 14, 2023 underCommission File No. 333-255934-04, and is incorporated by reference herein).

 

99.8 MortgageLoan Purchase Agreement, dated as of February 1, 2023, between GreystoneCommercial Mortgage Capital LLC, Greystone Select Company II LLC and BMOCommercial Mortgage Securities LLC, pursuant to which Greystone CommercialMortgage Capital LLC sold certain mortgage loans to BMO Commercial MortgageSecurities LLC (filed as Exhibit 99.8 to the registrant's Current Report onForm 8-K dated February 14, 2023, and filed on February 14, 2023 underCommission File No. 333-255934-04, and is incorporated by reference herein).

 

99.9 MortgageLoan Purchase Agreement, dated as of February 1, 2023, between StarwoodMortgage Capital LLC and BMO Commercial Mortgage Securities LLC, pursuant towhich Starwood Mortgage Capital LLC sold certain mortgage loans to BMOCommercial Mortgage Securities LLC (filed as Exhibit 99.9 to the registrant'sCurrent Report on Form 8-K dated February 14, 2023, and filed on February 14,2023 under Commission File No. 333-255934-04, and is incorporated by referenceherein).

 

99.10  PrimaryServicing Agreement, dated as of February 1, 2023, between Midland LoanServices, a Division of PNC Bank, National Association, as master servicer, andArbor Multifamily Lending, LLC, as primary servicer (filed as Exhibit 99.10 tothe registrant's Current Report on Form 8-K dated February 14, 2023, and filedon February 14, 2023 under Commission File No. 333-255934-04, and isincorporated by reference herein).

 

(b)The exhibits required to be filed by Registrant pursuant to Item 601ofRegulation S-K are listed above.

 

(c)Not Applicable

 

 

**SIGNATURES**

 

Pursuantto the requirements of Section 13 or 15(d) of the Securities Exchange Act of1934, the registrant has duly caused this report to be signed on its behalf bythe undersigned, thereunto duly authorized.

 

BMOCommercial Mortgage Securities LLC

(Depositor)

 

/s/Paul Vanderslice

PaulVanderslice, Chief Executive Officer 

(seniorofficer in charge of securitization of the depositor)

 

Date:March 28, 2024