UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 WASHINGTON,
D.C. 20549

 FORM 10 K

 (Mark one)

 /X/
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES

EXCHANGE ACT OF 1934

 For the fiscal year ended
December 31, 2024

OR

 //
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES

EXCHANGE ACT OF 1934

 For the transition period from
to

 Commission file number: 333-206582-11

 Central Index Key Number of the issuing entity:
0001706303

 BANK 2017 BNK5

 (exact name of issuing entity as specified in its
charter)

 Central Index Key Number of the depositor: 0001547361

 Morgan Stanley Capital I Inc.

 (exact name of the depositor as specified in its
charter)

 Central Index Key Number of the sponsor: 0000740906

 Wells Fargo Bank, National Association

 (exact name of the sponsor as specified in its charter)

 Central Index Key Number of the sponsor: 0001102113

 Bank of America, National Association

 (exact name of the sponsor as specified in its charter)

 Central Index Key Number of the sponsor: 0001541557

 Morgan Stanley Mortgage Capital Holdings LLC

 (exact name of the sponsor as specified in its charter)

 Central Index Key Number of the sponsor: 0001577313

 National Cooperative Bank, N.A.

 (exact name of the sponsor as specified in its charter)

 New York

 38 4032157

 38 4032158

 38 7187250

 (State or other jurisdiction of incorporation or
 organization)

 (I.R.S. Employer Identification Numbers)

 c/o
Computershare Trust Company, National Association, as agent for

 Wells Fargo Bank, National
Association

 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.

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

 Yes
___ No X

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

 Yes
___ No X

 Note
- Checking the box above will not relieve any registrant required to file
reports pursuant to Section 13 or 15(d) of the Exchange Act from their
obligations under those Sections.

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

 Yes
X No ___

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

 Not

by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, a smaller reporting company, or
emerging growth company. See the definitions of "large accelerated
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 X (Do not check if a smaller reporting company)

Smaller reporting company ___

 Emerging
growth company ___

 If
an emerging growth company, indicate by check mark if the registrant has
elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of
the Ex change Act.

 Not

by check mark whether the registrant has filed a report on and attestation to
its management's assessment of the effectiveness of its internal control over
financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C.
7262(b)) by the registered public accounting firm that prepared or issued its
audit report.

 Not

 If securities are registered pursuant to Section 12(b)
of the Act, indicate by check mark whether the financial statements of the

 registrant
included in the filing reflect the correction of an error to previously issued
financial statements.

 Not applicable.

by check mark whether any of those error corrections are restatements that
required a recovery analysis of incentive-based compensation received by any of
the registrant's executive officers during the relevant recovery period
pursuant to §240.10D-1(b).

 Not applicable.

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 common equity held by
non-affiliates computed by reference to the price at which the common equity
was last sold, or the average bid and asked price of such common equity, as of
the last business day of the registrant's most recently completed second fiscal
quarter.

 Not

by check mark whether the registrant has filed all documents and reports
required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act
of 1934 subsequent to the distribution of securities under a plan confirmed by
a court.

 Not

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

 Not

 DOCUMENTS
INCORPORATED BY REFERENCE

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

 Not

 EXPLANATORY NOTES

 The
BANK 2017-BNK5 mortgage pool includes the following mortgage loans, each of
which is serviced pursuant to a separate pooling and servicing agreement (each,
an "Outside Pooling and Servicing Agreement"):

 •
the Del Amo Fashion Center mortgage loan, which is serviced pursuant to the Del
Amo Fashion Center Trust 2017-AMO trust and servicing agreement attached hereto
as Exhibit 4.2;

 •
the Starwood Capital Group Hotel Portfolio mortgage loan, which is serviced
pursuant to the DBJPM 2017-C6 pooling and servicing agreement attached hereto
as Exhibit 4.3;

 •
the Gateway Net Lease Portfolio mortgage loan, which was serviced pursuant to
the DBJPM 2017-C6 pooling and servicing agreement attached hereto as Exhibit
4.3 until September 5, 2024, the date on which such mortgage loan was repaid in
its entirety;

 •
the Olympic Tower mortgage loan, which is serviced pursuant to the Olympic
Tower 2017-OT trust and servicing agreement attached hereto as Exhibit 4.4; and

 •
the iStar Leased Fee Portfolio mortgage loan, which is serviced pursuant to the
MSC 2017-H1 pooling and servicing agreement attached hereto as Exhibit 4.5.

 Except
as set forth below, each of the parties to each pooling and servicing agreement
listed in the Exhibit Index both (1) participates in the servicing function for
purposes of Item 1122 of Regulation AB and (2) constitutes a servicer that
meets the criteria in Item 1108(a)(2)(i) through (iii) of Regulation AB for
purposes of Item 1123 of Regulation AB:

 •
The trustee under a pooling and servicing agreement has a nominal role with
respect to the mortgage pool securitized pursuant to such pooling and servicing
agreement. The trustee's only servicing function is the contingent
obligation to make certain advances if the master servicer under such pooling
and servicing agreement fails to do so, while all other servicing functions are
performed by other parties. The trustee under each of the pooling and
servicing agreements listed in the Exhibit Index has confirmed to the
registrant that it has not made any such contingent advances during the
reporting period, and consequently, each such trustee does not participate in
the servicing function for purposes of Item 1122 of Regulation AB, nor does it
perform the functions of a servicer for purposes of the definition of
"servicer" under Item 1101 of Regulation AB or for purposes of Item 1123 of
Regulation AB.

 •
The certificate administrator under a pooling and servicing agreement performs
various payment administration functions solely for the securitization governed
by such pooling and servicing agreement and the mortgage pool securitized
pursuant to such pooling and servicing agreement and does not have any
obligations with respect to any other transaction. Consequently, the
certificate administrator under an Outside Pooling and Servicing Agreement does
not participate in the servicing function for purposes of Item 1122 of
Regulation AB, nor does it perform the functions of a servicer for purposes of
the definition of "servicer" under Item 1101 of Regulation AB or for purposes
of Item 1123 of Regulation AB.

 •
The operating advisor under a pooling and servicing agreement represents the
interests of senior certificateholders in the transaction governed by such
pooling and servicing agreement and is responsible for monitoring the
performance of the special servicer under such pooling and servicing agreement
and producing certain reports to certificateholders relating to the resolution
of the mortgage pool securitized pursuant to such pooling and servicing
agreement. The operating advisor under a pooling and servicing agreement
does not have any obligations with respect to any other transaction and is
solely obligated to perform loan reporting functions with respect to the
securitization governed by such pooling and servicing agreement.
Consequently, the operating advisor under an Outside Pooling and Servicing
Agreement neither participates in the servicing function for purposes of Item
1122 of Regulation AB nor performs the functions of a servicer for purposes of
the definition of "servicer" under Item 1101 of Regulation AB or for purposes
of Item 1123 of Regulation AB. In addition, while the operating advisor
under a pooling and servicing agreement has certain reporting obligations in
respect of the related mortgage pool, it has no obligation to collect or
disburse funds in respect of the mortgage pool or to administer any of the
underlying mortgage loans. Consequently, the operating advisor under a
pooling and servicing agreement participates in the servicing function for
purposes of Item 1122 of Regulation AB, but is not responsible for the
"management or collection of the pool assets or making allocations or
distributions to holders of the asset-backed securities" within the meaning of
"servicer" under Item 1101 of Regulation AB and does not perform the functions
of a servicer for purposes of Item 1123 of Regulation AB.

 •
The asset representations reviewer under a pooling and servicing agreement has
a limited obligation to review certain delinquent mortgage loans after a
specified delinquency threshold has been met and the required percentage of
certificateholders vote to direct a review of such delinquent mortgage loans,
and has no obligation to collect or disburse funds in respect of the mortgage
pool, to administer any of the underlying mortgage loans or to perform any
servicing function. Consequently, the asset representations reviewer
under a pooling and servicing agreement does not participate in the servicing
function for purposes of Item 1122 of Regulation AB, is not responsible for the
"management or collection of the pool assets or making allocations or distributions
to holders of the asset-backed securities" within the meaning of "servicer"
under Item 1101 of Regulation AB and does not perform the functions of a
servicer for purposes of Item 1123 of Regulation AB.

 •
 LNR Partners, LLC is the current special servicer under the BANK
2017-BNK5 pooling and servicing agreement. On June 21, 2022, CWCapital Asset
Management LLC was replaced as special servicer under the BANK 2017-BNK5
pooling and servicing agreement and was succeeded by LNR Partners, LLC.

 •
 Green Loan Services LLC is the current special servicer under the
Olympic Tower 2017-OT trust and servicing agreement, pursuant to which the
Olympic Tower mortgage loan is serviced. On June 22, 2022, KeyBank National
Association was replaced as special servicer under the Olympic Tower 2017-OT
trust and servicing agreement and was succeeded by Green Loan Services LLC.
Because Green Loan Services LLC is not the BANK 2017-BNK5 special servicer, is
not affiliated with any sponsor and services only the Olympic Tower mortgage
loan, which constitutes more than 5% but less than 10% of the mortgage pool,
Green Loan Services LLC, as Olympic Tower 2017-OT special servicer, constitutes
a reporting "servicing function participant" for purposes of Item 1122 of
Regulation AB, as specified in the Instruction 3 to Item 1122, but does not
constitute a reporting "servicer" for purposes of Item 1123 of Regulation AB,
as specified in the Instruction to Item 1123.

 •
Argentic Services Company LP is the current special servicer under the MSC
2017-H1 pooling and servicing agreement, pursuant to which the iStar Leased Fee
Portfolio mortgage loan is serviced. On May 6, 2020, LNR Partners, LLC was
replaced as special servicer under the MSC 2017-H1 pooling and servicing
agreement (other than with respect to the One Presidential mortgage loan) and
succeeded by Argentic Services Company LP. On June 24, 2022, LNR Partners, LLC
was replaced as special servicer with respect to the One Presidential mortgage
loan under the MSC 2017-H1 pooling and servicing agreement and succeeded by
Argentic Services Company LP. Because Argentic Services Company LP is not the
BANK 2017-BNK5 special servicer, is not affiliated with any sponsor and
services only the iStar Leased Fee Portfolio mortgage loan, which constitutes
less than 5% of the mortgage pool, Argentic Services Company LP, as MSC 2017-H1
special servicer, does not constitute a reporting "servicing function
participant" for purposes of Item 1122 of Regulation AB, as specified in the
Instruction 3 to Item 1122, and does not constitute a reporting "servicer" for
purposes of Item 1123 of Regulation AB, as specified in the Instruction to Item
1123.

 •
LNR Partners, LLC is the current special servicer under the Del Amo Fashion
Center Trust 2017-AMO trust and servicing agreement pursuant to which the Del
Amo Fashion Center mortgage loan is serviced. On September 18, 2020, Cohen
Financial, a Division of SunTrust Bank was replaced as special servicer under
the Del Amo Fashion Center Trust 2017-AMO trust and servicing agreement and
succeeded by Situs Holdings, LLC. On August 27, 2024, Situs Holdings, LLC was
replaced as special servicer under the Del Amo Fashion Center Trust 2017-AMO
trust and servicing agreement and succeeded by LNR Partners, LLC.

 •
 K-Star Asset Management LLC is the current special servicer under the
DBJPM 2017-C6 pooling and servicing agreement, pursuant to which the Starwood
Capital Group Hotel Portfolio mortgage loan is serviced. On May 5, 2023,
Midland Loan Services, a Division of PNC Bank, National Association was
replaced as special servicer under the DBJPM 2017-C6 pooling and servicing
agreement (other than with respect to the Gateway Net Lease Portfolio mortgage
loan and the 211 Main Street mortgage loan) and was succeeded by K-Star Asset
Management LLC. Midland Loan Services, a Division of PNC Bank, National
Association remains the special servicer under the DBJPM 2017-C6 with respect
to the Gateway Net Lease Portfolio mortgage loan. Because K-Star Asset
Management LLC is not the BANK 2017-BNK5 special servicer, is not affiliated
with any sponsor and services only the Starwood Capital Group Hotel Portfolio
mortgage loan, which constitutes more than 5% but less than 10% of the mortgage
pool, K-Star Asset Management LLC, as DBJPM 2017-C6 special servicer with
respect to the Starwood Capital Group Hotel Portfolio mortgage loan,
constitutes a reporting "servicing function participant" for purposes of Item
1122 of Regulation AB, as specified in the Instruction 3 to Item 1122, but does
not constitute a reporting "servicer" for purposes of Item 1123 of Regulation
AB, as specified in the Instruction to Item 1123.

 •
 Midland Loan Services, a Division of PNC Bank, National Association as
special servicer with respect to the Gateway Net Lease Portfolio mortgage loan
(prior to its date of repayment) under the DBJPM 2017 C6 pooling and servicing
agreement only had obligations in respect of the Gateway Net Lease Portfolio
mortgage loan securitized thereunder. Because Midland Loan Services, a Division
of PNC Bank, National Association is not the BANK 2017-BNK5 special servicer,
is not affiliated with any sponsor and serviced only the Gateway Net Lease
Portfolio mortgage loan, which constituted less than 5% of the mortgage pool,
Midland Loan Services, a Division of PNC Bank, National Association, as DBJPM
2017-C6 special servicer with respect to the Gateway Net Lease portfolio, does
not constitute a reporting "servicing function participant" for purposes of
Item 1122 of Regulation AB, as specified in the Instruction 3 to Item 1122, and
does not constitute a reporting "servicer" for purposes of Item 1123 of
Regulation AB, as specified in the Instruction to Item 1123.

 In
addition, each of the following parties engaged the services of certain
servicing function participants and sub-servicers for the reporting period, as
set forth below:

 • Wells Fargo Bank,
National Association, as master servicer, engaged the services of CoreLogic
Solutions, LLC as a servicing function participant in respect of the entire
mortgage pool for the reporting period.

 • On November 1,
2021, pursuant to the second amended and restated servicing agreement attached
hereto as Exhibit 99.13, Computershare Trust Company, National Association was
engaged to perform all or virtually all of Wells Fargo Bank, National
Association's roles as certificate administrator, custodian and trustee, as
applicable, under (i) the pooling and servicing agreement and (ii) each Outside
Pooling and Servicing Agreement.

 Item 1.

 Business.

 Item 1A.

 Risk Factors.

 Item 1B.

 Unresolved Staff
 Comments.

 None.

 Item 1C.

 Cybersecurity.

 Item 2.

 Properties.

 Item 3.

 Legal Proceedings.

 Item 4.

 Mine Safety Disclosures.

 Item 5.

 Market for Registrant's
 Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
 Securities.

 Item 6.

 [Reserved]

 Item 7.

 Management's Discussion
 and Analysis of Financial Condition and Results of Operations.

 Item 7A.

 Quantitative and
 Qualitative Disclosures About Market Risk.

 Item 8.

 Financial Statements and
 Supplementary Data.

 Item 9.

 Changes in and
 Disagreements With Accountants on Accounting and Financial Disclosure.

 Item 9A.

 Controls and Procedures.

 Item 9B.

 Other Information.

 None.

 Item 9C.

 Disclosure Regarding
 Foreign Jurisdictions that Prevent Inspections.

 None.

 Item 10.

 Directors, Executive
 Officers and Corporate Governance.

 Item 11.

 Executive Compensation.

 Item 12.

 Security Ownership of
 Certain Beneficial Owners and Management and Related Stockholder Matters.

 Item 13.

 Certain Relationships and
 Related Transactions, and Director Independence.

 Item 14.

 Principal Accountant Fees
 and Services.

 ADDITIONAL
DISCLOSURE ITEMS FOR REGULATION AB

 Item
1112(b) of Regulation AB, Significant Obligor Financial Information.

 Not

 Item
1114(b)(2) of Regulation AB, Significant Enhancement Provider Financial
Information.

 No
entity or group of affiliated entities provides any enhancement or other
support for the certificates as described under Item 1114 (a) of Regulation AB.

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

 No
entity or group of affiliated entities provides any derivative instruments for
the certificates as described under Item 1115 of Regulation AB.

 Item
1117 of Regulation AB, Legal Proceedings.

 The
registrant knows of no legal proceeding pending against the sponsors,
depositor, trustee, issuing entity, servicer contemplated by Item 1108(a)(3) of
Regulation AB, originator contemplated by Item 1110(b) of Regulation 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 to security holders,
other than as follows:

 In
December 2014, Phoenix Light SF Limited (Phoenix Light) and certain related
entities filed a complaint in the United States District Court for the Southern
District of New York alleging claims against Wells Fargo Bank, N.A., in its
capacity as trustee for a number of residential mortgage-backed securities
(RMBS) trusts. Complaints raising similar allegations have been filed by
Commerzbank AG in the Southern District of New York, IKB International and IKB
Deutsche Industriebank (together, IKB) in New York state court, and Park Royal
I LLC and Park Royal II LLC in New York state court. In each case, the
plaintiffs allege that Wells Fargo Bank, N.A., as trustee, caused losses to
investors, and plaintiffs assert causes of action based upon, among other things,
the trustee's alleged failure to notify and enforce repurchase obligations of
mortgage loan sellers for purported breaches of representations and warranties,
notify investors of alleged events of default, and abide by appropriate
standards of care following alleged events of default. In July 2022, the
district court dismissed Phoenix Light's claims and certain of the claims
asserted by Commerzbank AG, and subsequently entered judgment in each case in
favor of Wells Fargo Bank, N.A. In August 2022, Phoenix Light and Commerzbank
AG each appealed the district court's decision to the United States Court of
Appeals for the Second Circuit. Phoenix Light dismissed its appeal in May 2023,
terminating its case. In October 2024, the Second Circuit denied Commerzbank
AG's appeal. In November 2023, Wells Fargo Bank, N.A. entered into an agreement
with IKB to resolve IKB's claims. Wells Fargo Bank, N.A. previously settled two
class actions filed by institutional investors and an action filed by the
National Credit Union Administration with similar allegations.

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

 The
information regarding this Item has been provided previously in an annual
report on Form 10-K of the issuing entity or in the prospectus of the issuing
entity filed in a 424(b)(2) filing dated June 29, 2017.

 Item
1122 of Regulation AB, Compliance with Applicable Servicing Criteria.

 The
reports on assessment of compliance with the servicing criteria for
asset-backed securities and the related attestation reports 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 Item 15.

 Item
15. Exhibits, Financial Statement Schedules.

 (a) Exhibits.

 (4.1)
 Pooling and Servicing Agreement, dated as of June 1,
2017, between Morgan Stanley Capital I Inc., as depositor, Wells Fargo Bank,
National Association, as general master servicer, CWCapital Asset Management
LLC, as general special servicer, National Cooperative Bank, N.A., as NCB
master servicer and as NCB special servicer, Wells Fargo Bank, National
Association, as certificate administrator, Wilmington Trust, National
Association, as trustee, and Park Bridge Lender Services LLC, as operating
advisor and asset representations reviewer (filed as Exhibit 4.1 to the
registrant's Current Report on Form 8-K/A filed on July 7, 2017 under SEC File
No. 333-206582-11 and incorporated by reference herein).

 (4.2)
 Trust and Servicing Agreement, dated as of June 20,
2017, between Banc of America Merrill Lynch Large Loan, Inc., as depositor,
KeyBank National Association, as servicer, Cohen Financial, a Division of
SunTrust Bank, as special servicer, Wells Fargo Bank, National Association, as
certificate administrator, Wilmington Trust, National Association, as trustee,
and Park Bridge Lender Services LLC, as operating advisor, related to the Del
Amo Fashion Center Trust 2017-AMO securitization transaction, pursuant to which
the Del Amo Fashion Center Mortgage Loan is serviced (filed as Exhibit 4.2 to
the registrant's Current Report on Form 8-K filed on June 29, 2017 under SEC
File No. 333-206582-11 and incorporated by reference herein).

 (4.3)
 Pooling and Servicing Agreement, dated as of June 1,
2017, between Deutsche Mortgage & Asset Receiving Corporation, as
depositor, Midland Loan Services, a Division of PNC Bank, National Association,
as master servicer, Midland Loan Services, a Division of PNC Bank, National
Association, as special servicer, Wells Fargo Bank, National Association, as
certificate administrator, paying agent and custodian, Wells Fargo Bank,
National Association, as trustee, and Pentalpha Surveillance LLC, as operating advisor
and as asset representations reviewer, related to the DBJPM 2017-C6
securitization transaction, pursuant to which the Starwood Capital Group Hotel
Portfolio Mortgage Loan and the Gateway Net Lease Portfolio Mortgage Loan are
serviced (filed as Exhibit 4.3 to the registrant's Current Report on Form 8-K/A
filed on August 17, 2017 under SEC File No. 333-206582-11 and incorporated by
reference herein).

 (4.4)
 Trust and Servicing Agreement, dated as of May 6, 2017,
between Deutsche Mortgage & Asset Receiving Corporation, as depositor,
KeyBank National Association, as master servicer, KeyBank National Association,
as special servicer, and Wells Fargo Bank, National Association, as trustee,
certificate administrator, paying agent and custodian, related to the Olympic
Tower 2017-OT securitization transaction, pursuant to which the Olympic Tower
Mortgage Loan is serviced (filed as Exhibit 4.4 to the registrant's Current
Report on Form 8-K filed on June 29, 2017 under SEC File No. 333-206582-11 and
incorporated by reference herein).

 (4.5)
 Pooling and Servicing Agreement, dated as of June 1,
2017, between Morgan Stanley Capital I Inc., as depositor, Midland Loan
Services, a Division of PNC Bank, National Association, as master servicer, LNR
Partners, LLC, as special servicer, Wells Fargo Bank, National Association, as
certificate administrator and trustee, and Trimont Real Estate Advisors, LLC,
as operating advisor and as asset representations reviewer, related to the MSC
2017-H1 securitzation transaction, pursuant to which the iStar Leased Fee
Portfolio Mortgage Loan is serviced (filed as Exhibit 4.5 to the
registrant's Current Report on Form 8-K/A filed on January 25, 2018 under SEC
File No. 333-206582-11 and incorporated by reference herein).

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

 (33)
Reports on assessment of compliance with servicing criteria for asset-backed
securities.

 33.1
Certificate Administrator

 33.2
as Servicing Function Participant for the Certificate Administrator

 33.3
Custodian

 33.4
as Servicing Function Participant for the Custodian

 33.5
 Wells Fargo Bank, National Association, as Master

 33.6
 National Cooperative Bank, N.A., as NCB Master

 33.7
 LNR Partners, LLC, as Special Servicer

 33.8
 National Cooperative Bank, N.A., as NCB Special
Servicer (see Exhibit 33.6)

 33.9
 Park Bridge Lender Services LLC, as Operating
Advisor

 33.10
 CoreLogic Solutions, LLC, as Servicing Function
Participant

 33.11
under the Del Amo Fashion Center Trust 2017-AMO securitization, pursuant to
which the following mortgage loans were serviced by such party: Del Amo Fashion
Center (from 1/1/24 to 12/31/24)

 33.12
National Association, as Master Servicer under the DBJPM 2017-C6
such party: Starwood Capital Group Hotel Portfolio (from 1/1/24 to 12/31/24)
and Gateway Net Lease Portfolio (from 1/1/24 to the date of repayment)

 33.13
under the Olympic Tower 2017-OT securitization, pursuant to which the following
12/31/24) (see Exhibit 33.11)

 33.14
National Association, as Master Servicer under the MSC 2017-H1 securitization,
iStar Leased Fee Portfolio (from 1/1/24 to 12/31/24) (see Exhibit 33.12)

 33.15
 LNR Partners, LLC, as Special Servicer under the
(from 8/27/24 to 12/31/24) (see Exhibit 33.7)

 33.16
 Situs Holdings, LLC, as Special Servicer under the
(from 1/1/24 to 8/26/24)

 33.17
 K-Star Asset Management LLC, as Special Servicer
under the DBJPM 2017-C6 securitization, pursuant to which the following
mortgage loans were serviced by such party: Starwood Capital Group Hotel
Portfolio (from 1/1/24 to 12/31/24)

 33.18
 Green Loan Services LLC, as Special Servicer under
the Olympic Tower 2017-OT securitization, pursuant to which the following
12/31/24)

 33.19
Custodian under the Del Amo Fashion Center Trust 2017-AMO securitization,
pursuant to which the following mortgage loans were serviced by such party: Del
Amo Fashion Center (from 1/1/24 to 12/31/24) (see Exhibit 33.3)

 33.20
as Servicing Function Participant under the Del Amo Fashion Center Trust
2017-AMO securitization, pursuant to which the following mortgage loans were
serviced by such party: Del Amo Fashion Center (from 1/1/24 to 12/31/24) (see
Exhibit 33.4)

 33.21
Custodian under the DBJPM 2017-C6 securitization, pursuant to which the
following mortgage loans were serviced by such party: Starwood Capital Group
Hotel Portfolio (from 1/1/24 to 12/31/24) and Gateway Net Lease Portfolio (from
1/1/24 to the date of repayment) (see Exhibit 33.3)

 33.22
as Servicing Function Participant under the DBJPM 2017-C6 securitization,
Starwood Capital Group Hotel Portfolio (from 1/1/24 to 12/31/24) and Gateway
Net Lease Portfolio (from 1/1/24 to the date of repayment) (see Exhibit 33.4)

 33.23
Custodian under the Olympic Tower 2017-OT securitization, pursuant to which the
following mortgage loans were serviced by such party: Olympic Tower (from
1/1/24 to 12/31/24) (see Exhibit 33.3)

 33.24
as Servicing Function Participant under the Olympic Tower 2017-OT
such party: Olympic Tower (from 1/1/24 to 12/31/24) (see Exhibit 33.4)

 33.25
Custodian under the MSC 2017-H1 securitization, pursuant to which the following
mortgage loans were serviced by such party: iStar Leased Fee Portfolio (from
1/1/24 to 12/31/24) (see Exhibit 33.3)

 33.26
as Servicing Function Participant under the MSC 2017-H1 securitization,
iStar Leased Fee Portfolio (from 1/1/24 to 12/31/24) (see Exhibit 33.4)

 (34) Attestation
reports on assessment of compliance with servicing criteria for asset-backed
securities.

 34.1
Certificate Administrator

 34.2
as Servicing Function Participant for the Certificate Administrator

 34.3
Custodian

 34.4
as Servicing Function Participant for the Custodian

 34.5
 Wells Fargo Bank, National Association, as Master

 34.6
 National Cooperative Bank, N.A., as NCB Master

 34.7
 LNR Partners, LLC, as Special Servicer

 34.8
 National Cooperative Bank, N.A., as NCB Special
Servicer (see Exhibit 34.6)

 34.9
 Park Bridge Lender Services LLC, as Operating
Advisor

 34.10
 CoreLogic Solutions, LLC, as Servicing Function
Participant

 34.11
under the Del Amo Fashion Center Trust 2017-AMO securitization, pursuant to
which the following mortgage loans were serviced by such party: Del Amo Fashion
Center (from 1/1/24 to 12/31/24)

 34.12
National Association, as Master Servicer under the DBJPM 2017-C6
such party: Starwood Capital Group Hotel Portfolio (from 1/1/24 to 12/31/24)
and Gateway Net Lease Portfolio (from 1/1/24 to the date of repayment)

 34.13
under the Olympic Tower 2017-OT securitization, pursuant to which the following
12/31/24) (see Exhibit 34.11)

 34.14
National Association, as Master Servicer under the MSC 2017-H1 securitization,
iStar Leased Fee Portfolio (from 1/1/24 to 12/31/24) (see Exhibit 34.12)

 34.15
 LNR Partners, LLC, as Special Servicer under the
(from 8/27/24 to 12/31/24) (see Exhibit 34.7)

 34.16
 Situs Holdings, LLC, as Special Servicer under the
(from 1/1/24 to 8/26/24)

 34.17
 K-Star Asset Management LLC, as Special Servicer
under the DBJPM 2017-C6 securitization, pursuant to which the following
mortgage loans were serviced by such party: Starwood Capital Group Hotel
Portfolio (from 1/1/24 to 12/31/24)

 34.18
 Green Loan Services LLC, as Special Servicer under
the Olympic Tower 2017-OT securitization, pursuant to which the following
12/31/24)

 34.19
Custodian under the Del Amo Fashion Center Trust 2017-AMO securitization,
pursuant to which the following mortgage loans were serviced by such party: Del
Amo Fashion Center (from 1/1/24 to 12/31/24) (see Exhibit 34.3)

 34.20
as Servicing Function Participant under the Del Amo Fashion Center Trust
2017-AMO securitization, pursuant to which the following mortgage loans were
serviced by such party: Del Amo Fashion Center (from 1/1/24 to 12/31/24) (see
Exhibit 34.4)

 34.21
Custodian under the DBJPM 2017-C6 securitization, pursuant to which the
following mortgage loans were serviced by such party: Starwood Capital Group
Hotel Portfolio (from 1/1/24 to 12/31/24) and Gateway Net Lease Portfolio (from
1/1/24 to the date of repayment) (see Exhibit 34.3)

 34.22
as Servicing Function Participant under the DBJPM 2017-C6 securitization,
Starwood Capital Group Hotel Portfolio (from 1/1/24 to 12/31/24) and Gateway
Net Lease Portfolio (from 1/1/24 to the date of repayment) (see Exhibit 34.4)

 34.23
Custodian under the Olympic Tower 2017-OT securitization, pursuant to which the
following mortgage loans were serviced by such party: Olympic Tower (from
1/1/24 to 12/31/24) (see Exhibit 34.3)

 34.24
as Servicing Function Participant under the Olympic Tower 2017-OT
such party: Olympic Tower (from 1/1/24 to 12/31/24) (see Exhibit 34.4)

 34.25
Custodian under the MSC 2017-H1 securitization, pursuant to which the following
mortgage loans were serviced by such party: iStar Leased Fee Portfolio (from
1/1/24 to 12/31/24) (see Exhibit 34.3)

 34.26
as Servicing Function Participant under the MSC 2017-H1 securitization,
iStar Leased Fee Portfolio (from 1/1/24 to 12/31/24) (see Exhibit 34.4)

 (35) Servicer
compliance statement.

 35.1
Certificate Administrator

 35.2
as Servicing Function Participant for the Certificate Administrator

 35.3
Custodian

 35.4
as Servicing Function Participant for the Custodian

 35.5
 Wells Fargo Bank, National Association, as Master

 35.6
 National Cooperative Bank, N.A., as NCB Master

 35.7
 LNR Partners, LLC, as Special Servicer

 35.8
 National Cooperative Bank, N.A., as NCB Special
Servicer (see Exhibit 35.6)

 35.9
under the Del Amo Fashion Center Trust 2017-AMO securitization, pursuant to
which the following mortgage loans were serviced by such party: Del Amo Fashion
Center (from 1/1/24 to 12/31/24)

 35.10
National Association, as Master Servicer under the DBJPM 2017-C6
such party: Starwood Capital Group Hotel Portfolio (from 1/1/24 to 12/31/24)
and Gateway Net Lease Portfolio (from 1/1/24 to the date of repayment)

 35.11
under the Olympic Tower 2017-OT securitization, pursuant to which the following
12/31/24) (see Exhibit 35.9)

 35.12
National Association, as Master Servicer under the MSC 2017-H1 securitization,
iStar Leased Fee Portfolio (from 1/1/24 to 12/31/24) (see Exhibit 35.10)

 35.13
 LNR Partners, LLC, as Special Servicer under the
(from 8/27/24 to 12/31/24) (see Exhibit 35.7)

 35.14
Custodian under the Del Amo Fashion Center Trust 2017-AMO securitization,
pursuant to which the following mortgage loans were serviced by such party: Del
Amo Fashion Center (from 1/1/24 to 12/31/24) (see Exhibit 35.3)

 35.15
as Servicing Function Participant under the Del Amo Fashion Center Trust
2017-AMO securitization, pursuant to which the following mortgage loans were
serviced by such party: Del Amo Fashion Center (from 1/1/24 to 12/31/24) (see
Exhibit 35.4)

 35.16
Custodian under the DBJPM 2017-C6 securitization, pursuant to which the
following mortgage loans were serviced by such party: Starwood Capital Group
Hotel Portfolio (from 1/1/24 to 12/31/24) and Gateway Net Lease Portfolio (from
1/1/24 to the date of repayment) (see Exhibit 35.3)

 35.17
as Servicing Function Participant under the DBJPM 2017-C6 securitization,
Starwood Capital Group Hotel Portfolio (from 1/1/24 to 12/31/24) and Gateway
Net Lease Portfolio (from 1/1/24 to the date of repayment) (see Exhibit 35.4)

 35.18
Custodian under the Olympic Tower 2017-OT securitization, pursuant to which the
following mortgage loans were serviced by such party: Olympic Tower (from
1/1/24 to 12/31/24) (see Exhibit 35.3)

 35.19
as Servicing Function Participant under the Olympic Tower 2017-OT
such party: Olympic Tower (from 1/1/24 to 12/31/24) (see Exhibit 35.4)

 35.20
Custodian under the MSC 2017-H1 securitization, pursuant to which the following
mortgage loans were serviced by such party: iStar Leased Fee Portfolio (from
1/1/24 to 12/31/24) (see Exhibit 35.3)

 35.21
as Servicing Function Participant under the MSC 2017-H1 securitization,
iStar Leased Fee Portfolio (from 1/1/24 to 12/31/24) (see Exhibit 35.4)

 (99.1)
 Mortgage
Loan Purchase Agreement, dated as of June 16, 2017, between Morgan Stanley
Capital I Inc. and Morgan Stanley Mortgage Capital Holdings LLC (filed as
Exhibit 99.1 to the registrant's Current Report on Form 8-K/A filed on January
25, 2018 under SEC File No. 333-206582-11 and incorporated by reference
herein).

 (99.2)
 Mortgage
Loan Purchase Agreement, dated as of June 16, 2017, between Morgan Stanley
Capital I Inc. and Wells Fargo Bank, National Association (filed as Exhibit
99.2 to the registrant's Current Report on Form 8-K/A filed on January 25, 2018

 (99.3)
 Mortgage
Loan Purchase Agreement, dated as of June 16, 2017, between Morgan Stanley
Capital I Inc. and Bank of America, National Association (filed as Exhibit 99.3
to the registrant's Current Report on Form 8-K/A filed on January 25, 2018

 (99.4)
 Mortgage
Loan Purchase Agreement, dated as of June 16, 2017, between Morgan Stanley
Capital I Inc. and National Cooperative Bank, N.A. (filed as Exhibit 99.4 to
the registrant's Current Report on Form 8-K/A filed on January 25, 2018 under
SEC File No. 333-206582-11 and incorporated by reference herein).

 (99.5)
Between Note Holders, dated as of June 8, 2017, by and between Morgan Stanley
Bank, N.A., as Initial Note A-1 Holder and Morgan Stanley Bank, N.A., as
Initial Note A-2 Holder, related to the Westchester One loan combination (filed
as Exhibit 99.5 to the registrant's Current Report on Form 8-K/A filed on
January 25, 2018 under SEC File No. 333-206582-11 and incorporated by reference
herein).

 (99.6)
Between Note Holders, dated as of June 8, 2017, by and between Morgan Stanley
Bank, N.A., as Initial Note A-1 Holder, Morgan Stanley Bank, N.A., as Initial
Note A-2 Holder, Wells Fargo Bank, National Association, as Initial Note A-3
Holder and Wells Fargo Bank, National Association, as Initial Note A-4 Holder,
related to the Market Street - The Woodlands loan combination (filed as Exhibit
99.6 to the registrant's Current Report on Form 8-K filed on June 29, 2017

 (99.7)
Between Note Holders, dated as of June 6, 2017, by and between Bank of America,
N.A., as Initial Note A-1 Holder and Bank of America, N.A., as Initial Note A-2
Holder, related to the Crossgates Commons loan combination (filed as Exhibit
99.7 to the registrant's Current Report on Form 8-K filed on June 29, 2017

 (99.8)
 Co-Lender
Agreement, dated as of May 12, 2017, by and among Bank of America, N.A., as
Initial Note A-1 Holder, Barclays Bank PLC, as Initial Note A-2 Holder, Soci t
G n rale, as Initial Note A-3 Holder and Wells Fargo Bank, National
Association, as Initial Note A-4 Holder, related to the Del Amo Fashion Center
loan combination (filed as Exhibit 99.8 to the registrant's Current Report on
Form 8-K filed on June 29, 2017 under SEC File No. 333-206582-11 and
incorporated by reference herein).

 (99.9)
 Co-Lender
Agreement, dated as of June 29, 2017, by and among JPMorgan Chase Bank,
National Association, as Initial JPM Note Holder, Bank of America, N.A., as
Initial BANA Note Holder, Barclays Bank PLC, as Initial Barclays Note Holder,
Deutsche Bank AG, New York Branch, as Initial DBNY Note Holder and Starwood
Mortgage Funding II LLC, as Starwood Note Holder, related to the Starwood
Capital Group Hotel Portfolio loan combination (filed as Exhibit 99.9 to the
registrant's Current Report on Form 8-K filed on June 29, 2017 under SEC File
No. 333-206582-11 and incorporated by reference herein).

 (99.10)
 Co-Lender
Agreement, dated as of May 6, 2017, by and between Deutsche Bank AG, New York
Branch, as Initial Note A-1 Holder, Goldman Sachs Mortgage Company, as Initial
Note A-2 Holder, Morgan Stanley Bank, N.A., as Initial Note A-3 Holder,
Deutsche Bank AG, New York Branch, as Initial Note B-1 Holder, Goldman Sachs
Mortgage Company, as Initial Note B-2 Holder and Morgan Stanley Bank, N.A., as
Initial Note B-3 Holder, related to the Olympic Tower loan combination (filed
as Exhibit 99.10 to the registrant's Current Report on Form 8-K filed on June
29, 2017 under SEC File No. 333-206582-11 and incorporated by reference
herein).

 (99.11)
Between Note Holders, dated as of March 30, 2017, by and between Barclays Bank
PLC, as Initial Note A-1-1 Holder, Initial Note A-1-2 Holder and Initial Note
A-1-3 Holder, JPMorgan Chase Bank, National Association, as Initial Note A-2
Holder and Bank of America, N.A., as Initial Note A-3 Holder, related to the
iStar Leased Fee Portfolio loan combination (filed as Exhibit 99.11 to the
registrant's Current Report on Form 8-K filed on June 29, 2017 under SEC File
No. 333-206582-11 and incorporated by reference herein).

 (99.12)
Between Note Holders, dated as of May 25, 2017, by and among JPMorgan Chase
Bank, National Association, as Initial A-1 Notes Holder, Bank of America, N.A.,
as Initial A-2 Notes Holder, JPMorgan Chase Bank, National Association, as
Initial B-1 Notes Holder, and Bank of America, N.A., as Initial B-2 Notes
Holder, related to the Gateway Portfolio loan combination (filed as Exhibit
99.12 to the registrant's Current Report on Form 8-K filed on June 29, 2017

 (99.13)
 Second
Amended and Restated Servicing Agreement, effective as of October 31, 2021,
between Wells Fargo Bank, N.A., Wells Fargo Delaware Trust Company, N.A.,
Computershare Trust Company, N.A., Computershare Delaware Trust Company and
Computershare Limited (filed as Exhibit 99.1 to the registrant's Current Report
on Form 8-K filed on November 5, 2021 under SEC File No. 333-206582-11 and
incorporated by reference herein).

 (b)
See (a) above.

 (c)
Not Applicable.

 SIGNATURES

 Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.

 Morgan
Stanley Capital I Inc.

 (Depositor)

 By:
/s/ Jane Lam

 Jane
Lam, President

 (senior
officer in charge of securitization of the depositor)

 Date:
March 24, 2025


UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

 WASHINGTON,
D.C. 20549

 FORM 10 K

 (Mark one)

 /X/
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES

EXCHANGE ACT OF 1934

 For the fiscal year ended
December 31, 2024

OR

 //
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES

EXCHANGE ACT OF 1934

 For the transition period from
to

 Commission file number: 333-259741-06

 Central Index Key Number of the issuing entity:
 0001979748

 BANK5 2023-5YR2

 (exact name of issuing entity as specified in its
charter)

 Central Index Key Number of the depositor: 0001547361

 Morgan Stanley Capital I Inc.

 (exact name of the depositor as specified in its
charter)

 Central Index Key Number of the sponsor: 0000740906

 Wells Fargo Bank, National
Association

 (exact name of the sponsor as specified in its charter)

 Central Index Key Number of the sponsor: 0000835271

 JPMorgan Chase Bank, National
Association

 (exact name of the sponsor as specified in its charter)

 Central Index Key Number of the sponsor: 0001541557

 Morgan Stanley Mortgage
Capital Holdings LLC

 (exact name of the sponsor as specified in its charter)

 Central Index Key Number of the sponsor: 0001102113

 Bank of America, National Association

 (exact name of the sponsor as specified in its charter)

 New York

 38-4258206

 38-4258207

 38-7292506

 (State or other jurisdiction of incorporation or
 organization)

 (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.

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

 Yes
___ No X

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

 Yes
___ No X

 Note
- Checking the box above will not relieve any registrant required to file
reports pursuant to Section 13 or 15(d) of the Exchange Act from their
obligations under those Sections.

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

 Yes
X No ___

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

 Not

by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, a smaller reporting company, or
emerging growth company. See the definitions of "large accelerated
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 X (Do not check if a smaller reporting company)

Smaller reporting company ___

 Emerging
growth company ___

 If
an emerging growth company, indicate by check mark if the registrant has
elected not to use the extended transition period for complying with any new or
revised financial accounting standards provided pursuant to Section 13(a) of
the Ex change Act.

 Not

by check mark whether the registrant has filed a report on and attestation to
its management's assessment of the effectiveness of its internal control over
financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C.
7262(b)) by the registered public accounting firm that prepared or issued its
audit report.

 Not applicable.

 If securities are registered pursuant to Section 12(b)
of the Act, indicate by check mark whether the financial statements of the

 registrant
included in the filing reflect the correction of an error to previously issued
financial statements.

 Not applicable.

by check mark whether any of those error corrections are restatements that
required a recovery analysis of incentive-based compensation received by any of
the registrant's executive officers during the relevant recovery period
pursuant to §240.10D-1(b).

 Not applicable.

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 common equity held by
non-affiliates computed by reference to the price at which the common equity
was last sold, or the average bid and asked price of such common equity, as of
the last business day of the registrant's most recently completed second fiscal
quarter.

 Not

by check mark whether the registrant has filed all documents and reports
required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act
of 1934 subsequent to the distribution of securities under a plan confirmed by
a court.

 Not

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

 Not

 DOCUMENTS
INCORPORATED BY REFERENCE

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

 Not

 EXPLANATORY NOTES

 The
BANK5 2023-5YR2 mortgage pool includes the following mortgage loans, each of
which is serviced pursuant to a separate pooling and servicing agreement (each,
an "Outside Pooling and Servicing Agreement"):

 •
the Miracle Mile Shops mortgage loan, which is serviced pursuant to the MIRA
2023-MILE trust and servicing agreement attached hereto as Exhibit 4.2;

 •
the Back Bay Office mortgage loan, which is serviced pursuant to the Benchmark
2023-B39 pooling and servicing agreement attached hereto as Exhibit 4.4;

 • the ICP/IRG Holdings Portfolio mortgage loan, which
is serviced pursuant to the Benchmark 2023-V2 pooling and servicing agreement
attached hereto as Exhibit 4.3;

 •
the One & Two Commerce Square mortgage loan, which is serviced pursuant to
the BANK 2023-BNK46 pooling and servicing agreement attached hereto as Exhibit
4.5;

 •
the Heritage Plaza mortgage loan, which is serviced pursuant to the BANK5
2023-5YR3 pooling and servicing agreement attached hereto as Exhibit 4.6;

 •
the 6330 West Loop South mortgage loan, which is serviced pursuant to the BANK5
2023-5YR3 pooling and servicing agreement attached hereto as Exhibit 4.6; and

 •
the 1201 Third Avenue mortgage loan, which is serviced pursuant to the BANK
2023-BNK46 pooling and servicing agreement attached hereto as Exhibit 4.5.

 Except
as set forth below, each of the parties to each pooling and servicing agreement
listed in the Exhibit Index both (1) participates in the servicing function for
purposes of Item 1122 of Regulation AB and (2) constitutes a servicer that
meets the criteria in Item 1108(a)(2)(i) through (iii) of Regulation AB for
purposes of Item 1123 of Regulation AB:

 •
The trustee under a pooling and servicing agreement has a nominal role with
respect to the mortgage pool securitized pursuant to such pooling and servicing
agreement. The trustee's only servicing function is the contingent
obligation to make certain advances if the master servicer under such pooling
and servicing agreement fails to do so, while all other servicing functions are
performed by other parties. The trustee under each of the pooling and
servicing agreements listed in the Exhibit Index has confirmed to the
registrant that it has not made any such contingent advances during the
reporting period, and consequently, each such trustee does not participate in
the servicing function for purposes of Item 1122 of Regulation AB, nor does it
perform the functions of a servicer for purposes of the definition of
"servicer" under Item 1101 of Regulation AB or for purposes of Item 1123 of
Regulation AB.

 •
The certificate administrator under a pooling and servicing agreement performs
various payment administration functions solely for the securitization governed
by such pooling and servicing agreement and the mortgage pool securitized
pursuant to such pooling and servicing agreement and does not have any
obligations with respect to any other transaction. Consequently, the
certificate administrator under an Outside Pooling and Servicing Agreement does
not participate in the servicing function for purposes of Item 1122 of
Regulation AB, nor does it perform the functions of a servicer for purposes of
the definition of "servicer" under Item 1101 of Regulation AB or for purposes
of Item 1123 of Regulation AB.

 •
The operating advisor under a pooling and servicing agreement represents the
interests of senior certificateholders in the transaction governed by such
pooling and servicing agreement and is responsible for monitoring the
performance of the special servicer under such pooling and servicing agreement
and producing certain reports to certificateholders relating to the resolution
of the mortgage pool securitized pursuant to such pooling and servicing
agreement. The operating advisor under a pooling and servicing agreement
does not have any obligations with respect to any other transaction and is
solely obligated to perform loan reporting functions with respect to the
securitization governed by such pooling and servicing agreement.
Consequently, the operating advisor under an Outside Pooling and Servicing
Agreement neither participates in the servicing function for purposes of Item
1122 of Regulation AB nor performs the functions of a servicer for purposes of
the definition of "servicer" under Item 1101 of Regulation AB or for purposes
of Item 1123 of Regulation AB. In addition, while the operating advisor
under a pooling and servicing agreement has certain reporting obligations in
respect of the related mortgage pool, it has no obligation to collect or disburse
funds in respect of the mortgage pool or to administer any of the underlying
mortgage loans. Consequently, the operating advisor under a pooling and
servicing agreement participates in the servicing function for purposes of Item
1122 of Regulation AB, but is not responsible for the "management or collection
of the pool assets or making allocations or distributions to holders of the
asset-backed securities" within the meaning of "servicer" under Item 1101 of
Regulation AB and does not perform the functions of a servicer for purposes of
Item 1123 of Regulation AB.

 •
The asset representations reviewer under a pooling and servicing agreement has
a limited obligation to review certain delinquent mortgage loans after a
specified delinquency threshold has been met and the required percentage of
certificateholders vote to direct a review of such delinquent mortgage loans,
and has no obligation to collect or disburse funds in respect of the mortgage
pool, to administer any of the underlying mortgage loans or to perform any
servicing function. Consequently, the asset representations reviewer
under a pooling and servicing agreement does not participate in the servicing
function for purposes of Item 1122 of Regulation AB, is not responsible for the
"management or collection of the pool assets or making allocations or distributions
to holders of the asset-backed securities" within the meaning of "servicer"
under Item 1101 of Regulation AB and does not perform the functions of a
servicer for purposes of Item 1123 of Regulation AB.

 •
K-Star Asset Management LLC, as general special servicer under the Benchmark
2023-B39 pooling and servicing agreement, does not have any obligations in
respect of the Back Bay Office mortgage loan or any other mortgage loan
included in the BANK5 2023-5YR2 mortgage pool. National Cooperative Bank, N.A.
as co-op master servicer and co-op special servicer under the BANK 2023-BNK46
pooling and servicing agreement, only has obligations in respect of certain
mortgage loans sold to the BANK 2023-BNK46 securitization trust by Wells Fargo
Bank, National Association, each of which is secured by a mortgage on a
property operated as a residential cooperative. Each such party acting in
such capacity has no obligations with respect to any mortgage loan included in
the BANK5 2023-5YR2 mortgage pool and therefore in such capacity does not
constitute a reporting "servicing function participant" for purposes of Item
1122 of Regulation AB, as specified in the Instruction 3 to Item 1122, and does
not constitute a reporting "servicer" for purposes of Item 1123 of Regulation
AB, as specified in the Instruction to Item 1123.

 •
KeyBank National Association is the special servicer under the MIRA 2023-MILE
trust and servicing agreement, pursuant to which the Miracle Mile Shops
mortgage loan is serviced. Because KeyBank National Association is not
the BANK5 2023-5YR2 special servicer, is not affiliated with any sponsor and
services only the Miracle Mile Shops mortgage loan, which constitutes more than
5% but less than 10% of the mortgage pool, KeyBank National Association, as
MIRA 2023-MILE special servicer, constitutes a reporting "servicing function
participant" for purposes of Item 1122 of Regulation AB, as specified in the
Instruction 3 to Item 1122, but does not constitute a reporting "servicer" for
purposes of Item 1123 of Regulation AB, as specified in the Instruction to Item
1123.

 •
Situs Holdings, LLC is the special servicer with respect to the Back Bay Office
mortgage loan under the Benchmark 2023-B39 pooling and servicing
agreement. Because Situs Holdings, LLC is not the BANK5 2023-5YR2 special
servicer, is not affiliated with any sponsor and services only the Back Bay
Office mortgage loan, which constitutes more than 5% but less than 10% of the
mortgage pool, Situs Holdings, LLC, as special servicer with respect to the
Back Bay Office mortgage loan under the Benchmark 2023-B39 pooling and
servicing agreement, constitutes a reporting "servicing function participant"
for purposes of Item 1122 of Regulation AB, as specified in the Instruction 3
to Item 1122, but does not constitute a reporting "servicer" for purposes of
Item 1123 of Regulation AB, as specified in the Instruction to Item 1123.

 •
3650 REIT Loan Servicing LLC is the special servicer under the Benchmark
2023-V2 pooling and servicing agreement, pursuant to which the ICP/IRG Holdings
Portfolio mortgage loan is currently serviced. Because 3650 REIT Loan Servicing
LLC is not the BANK5 2023-5YR2 special servicer, is not affiliated with any
sponsor and services only the ICP/IRG Holdings Portfolio mortgage loan, which
constitutes more than 5% but less than 10% of the mortgage pool, 3650 REIT Loan
Servicing LLC, as Benchmark 2023-V2 special servicer, constitutes a reporting
"servicing function participant" for purposes of Item 1122 of Regulation AB, as
specified in the Instruction 3 to Item 1122, but does not constitute a
reporting "servicer" for purposes of Item 1123 of Regulation AB, as specified
in the Instruction to Item 1123.

 •
LNR Partners, LLC is the special servicer under the BANK 2023-BNK46 pooling and
servicing agreement, pursuant to which the One & Two Commerce Square
mortgage loan and the 1201 Third Avenue mortgage loan are currently
serviced. Because LNR Partners, LLC is not the BANK5 2023-5YR2 special
servicer, is not affiliated with any sponsor and services only the One &
Two Commerce Square mortgage loan and the 1201 Third Avenue mortgage loan,
which collectively constitute more than 5% but less than 10% of the mortgage
pool, LNR Partners, LLC, as BANK 2023-BNK46 special servicer, constitutes a
reporting "servicing function participant" for purposes of Item 1122 of
Regulation AB, as specified in the Instruction 3 to Item 1122, but does not
constitute a reporting "servicer" for purposes of Item 1123 of Regulation AB,
as specified in the Instruction to Item 1123.

 •
Greystone Servicing Company LLC is the special servicer under the BANK5
2023-5YR3 pooling and servicing agreement, pursuant to which the Heritage Plaza
mortgage loan and the 6330 West Loop South mortgage loan are currently
serviced. Because Greystone Servicing Company LLC is not the BANK5
2023-5YR2 special servicer, is not affiliated with any sponsor and services
only the Heritage Plaza mortgage loan and the 6330 West Loop South mortgage
loan, which collectively constitute more than 5% but less than 10% of the
mortgage pool, Greystone Servicing Company LLC, as BANK5 2023-5YR3 special
servicer, constitutes a reporting "servicing function participant" for purposes
of Item 1122 of Regulation AB, as specified in the Instruction 3 to Item 1122,
but does not constitute a reporting "servicer" for purposes of Item 1123 of
Regulation AB, as specified in the Instruction to Item 1123.

 In
addition, each of the following parties engaged the services of certain
servicing function participants and sub-servicers for the reporting period, as
set forth below:

 • Wells
Fargo Bank, National Association, as master servicer, engaged the services of
(i) Midland Loan Services, a Division of PNC Bank, National Association, as a
sub-servicer for the reporting period, and (ii) CoreLogic Solutions, LLC as a servicing
function participant in respect of the entire mortgage pool for the reporting
period.

 • Wells Fargo Bank, National
Association, as master servicer under the BANK 2023-BNK46 pooling and servicing
agreement, pursuant to which the One & Two Commerce Square mortgage loan
and the 1201 Third Avenue mortgage loan are serviced, engaged the services of
CoreLogic Solutions, LLC as a servicing function participant in respect of each
such mortgage loan for the reporting period.

 •
Wells Fargo Bank, National Association, as master servicer under the BANK5
2023-5YR3 pooling and servicing agreement, pursuant to which the Heritage Plaza
mortgage loan and the 6330 West Loop South mortgage loan are serviced, engaged
the services of CoreLogic Solutions, LLC as a servicing function participant in
respect of each such mortgage loan for the reporting period.

 Item 1.

 Business.

 Item 1A.

 Risk Factors.

 Item 1B.

 Unresolved Staff
 Comments.

 None.

 Item 1C.

 Cybersecurity.

 Item 2.

 Properties.

 Item 3.

 Legal Proceedings.

 Item 4.

 Mine Safety Disclosures.

 Item 5.

 Market for Registrant's
 Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
 Securities.

 Item 6.

 [Reserved]

 Item 7.

 Management's Discussion
 and Analysis of Financial Condition and Results of Operations.

 Item 7A.

 Quantitative and
 Qualitative Disclosures About Market Risk.

 Item 8.

 Financial Statements and
 Supplementary Data.

 Item 9.

 Changes in and
 Disagreements With Accountants on Accounting and Financial Disclosure.

 Item 9A.

 Controls and Procedures.

 Item 9B.

 Other Information.

 None.

 Item 9C.

 Disclosure Regarding Foreign
 Jurisdictions that Prevent Inspections.

 None.

 Item 10.

 Directors, Executive
 Officers and Corporate Governance.

 Item 11.

 Executive Compensation.

 Item 12.

 Security Ownership of
 Certain Beneficial Owners and Management and Related Stockholder Matters.

 Item 13.

 Certain Relationships and
 Related Transactions, and Director Independence.

 Item 14.

 Principal Accountant Fees
 and Services.

 ADDITIONAL
DISCLOSURE ITEMS FOR REGULATION AB

 Item
1112(b) of Regulation AB, Significant Obligor Financial Information.

 Not

 Item
1114(b)(2) of Regulation AB, Significant Enhancement Provider Financial
Information.

 No
entity or group of affiliated entities provides any enhancement or other
support for the certificates as described under Item 1114 (a) of Regulation AB.

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

 No entity
or group of affiliated entities provides any derivative instruments for the
certificates as described under Item 1115 of Regulation AB.

 Item 1117 of Regulation AB, Legal Proceedings.

 The
registrant knows of no legal proceeding pending against the sponsors,
depositor, trustee, issuing entity, servicer contemplated by Item 1108(a)(3) of
Regulation AB, originator contemplated by Item 1110(b) of Regulation 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 to security holders,
other than as follows:

 From time to time, CWCapital
Asset Management LLC, a Delaware limited liability company ("CWCAM"), is a
party to lawsuits and other legal proceedings as part of its duties as a
special servicer (e.g., enforcement of loan obligations) and/or arising in the
ordinary course of business. Other than as set forth in the following
paragraphs, there are currently no legal proceedings pending, and no legal
proceedings known to be contemplated by governmental authorities, against CWCAM
or of which any of its property is the subject, that are material to the
certificateholders.

 On December 17, 2015, U.S.
Bank National Association, the trustee under five pooling and servicing
agreements for (i) Wachovia Bank Commercial Mortgage Trust 2007-C30, (ii)
COBALT CMBS Commercial Trust 2007-C2, (iii) Wachovia Bank Commercial Mortgage
Trust 2007-C31, (iv) ML-CFC Commercial Mortgage Trust 2007-5 and (v) ML-CFC
Commercial Mortgage Trust 2007-6 commenced a proceeding with the Second
Judicial District Court of Ramsey County, Minnesota (the "State Court") for a
declaratory judgment as to the proper allocation of certain proceeds ("Disputed
Proceeds") received by CWCAM in connection with the sale of the Peter Cooper
Village and Stuyvesant Town property in New York, New York securing loans held
by those trusts. CWCAM was the special servicer of such property. The petition
requests the State Court to instruct the trustee, the trust beneficiaries, and
any other interested parties as to the amount of the Disputed Proceeds, if any,
that constitute penalty interest and/or the amount of the Disputed Proceeds, if
any, that constitute gain-on-sale proceeds, with respect to each trust. On
February 24, 2016, CWCAM made a limited appearance with the State Court to file
a motion to dismiss this proceeding based on lack of jurisdiction, mootness,
standing and forum non conveniens. On July 19, 2016, the State Court denied
CWCAM's motion to dismiss. On July 22, 2016, the action was removed to federal
court in Minnesota ("Federal Court"). On October 21, 2016, the Federal Court
held a hearing on the motion to transfer the action to the United States
District Court for the Southern District of New York ("SDNY Court"), a motion
to remand to state court and a motion to hear CWCAM's request for
reconsideration of the motion to dismiss. On March 14, 2017, the Federal Court
reserved the determination on the motion to hear CWCAM's request for
reconsideration of the motion to dismiss, denied the motion to remand the
matter to state court and granted the motion to transfer the proceeding to the
SDNY Court. Cross motions for judgment on the pleadings were filed but the SDNY
Court was unable to decide the case based on the pleadings and the SDNY Court
ordered discovery. All fact discovery was completed in December, 2018 and
expert discovery was completed on March 15, 2019. The parties submitted cross
motions for summary judgment, and on March 19, 2020, the SDNY Court entered an
opinion and order in which it granted summary judgment in CWCAM's favor and
held that CWCAM was entitled to the entire amount of penalty interest and that
CWCAM's determination of Yield Maintenance was correct. In the 127-page
opinion, the SDNY Court found for CWCAM on every issue presented by the
trustee's petition, namely, that the funds in dispute constitute penalty
interest and yield maintenance, not gain-on-sale proceeds, and that the amount
of penalty interest and yield maintenance was correctly calculated. An appeal
of the SDNY Court's decision was taken on April 29, 2020. Oral argument on the
appeal occurred on June 21, 2021. On July 14, 2022, the Second Circuit entered
a decision affirming in part and reversing in part the SDNY Court's decision
and remanding to the SDNY Court for further proceedings. The Second Circuit
affirmed the SDNY's Court holding that Penalty Interest and Yield Maintenance
are paid before Gain-On-Sale Proceeds. The Second Circuit reversed and remanded
for further proceedings that portion of the SDNY Court's decision related to
approximately $67.2 million in interest on advances. On January 13, 2023, the
parties entered into a settlement agreement, in which (among other things) they
agreed to stipulate that the amount of interest on advances that accrued on or
before June 3, 2014 is $27.5 million, and that CWCAM would pay that amount into
escrow for distribution to certificateholders upon the entry of an order by the
Court approving the settlement. U.S. Bank National Association, as Trustee for
the trusts, provided notice of the settlement to all parties in interest via a
notice program approved by the Court. A hearing on the settlement is scheduled
for March 16, 2023.

 On
December 1, 2017, a complaint against CWCAM and others was filed in the United
States District Court for the Southern District of New York styled as CWCapital
Cobalt Vr Ltd. v. CWCapital Investments LLC, et al., No. 17-cv-9463 (the
"Original Complaint"). The gravamen of the Original Complaint alleged breaches
of a contract and fiduciary duties by CWCAM's affiliate, CWCapital Investments
LLC in its capacity as collateral manager for the collateralized debt
obligation transaction involving CWCapital Cobalt Vr, Ltd. In total, there are
14 counts pled in the Original Complaint. Of those 14, 5 claims were asserted
against CWCAM for aiding and abetting breach of fiduciary duty, conversion and
unjust enrichment. On May 23, 2018, the Original Complaint was dismissed for
lack of subject matter jurisdiction. On June 28, 2018, CWCapital Cobalt Vr Ltd.
filed a substantially similar complaint in the Supreme Court of the State of
New York, County of New York styled as CWCapital Cobalt Vr Ltd. v. CWCapital
Investments LLC, et al., Index No. 653277/2018 (the "New Complaint"). The
gravamen of the New Complaint is the same as the previous complaint filed in
the United State District Court for the Southern District of New York. In total
there are 16 counts pled in the New Complaint. Of those 16 counts, 5 claims
were asserted against CWCAM for aiding and abetting breach of fiduciary duty,
conversion and unjust enrichment, 1 count seeks a declaratory judgement that
the plaintiff has the right to enforce the contracts in question and 1 count
seeks an injunction requiring the defendants to recognize the plaintiff as the
directing holder for the trusts in question. On January 11, 2019, the plaintiff
dismissed with prejudice the declaratory judgment and injunction counts. The
New Complaint and related summons was not served on the defendants until July
13, 2018 and July 16, 2018. The plaintiff's motion for a preliminary injunction
was denied by the court on July 31, 2018. On August 3, 2018, the defendants,
including CWCAM, filed a motion to dismiss the New Complaint in its entirety.
On August 20, 2019, the court entered an order granting defendants' motion
almost in its entirety, dismissing 11 of the 16 counts and partially dismissing
2 additional counts. Of the remaining counts, 2 are asserted against CWCAM for
aiding and abetting breach of fiduciary duty and unjust enrichment. On
September 19, 2019, CWCapital Cobalt Vr Ltd. filed a notice of appeal relating
to the August 20, 2019 dismissal order and on September 26, 2019, filed an amended
complaint against CWCI and CWCAM attempting to address deficiencies relating to
certain of the claims dismissed by the August 20, 2019 order. CWCI and CWCAM
filed its Motion to Dismiss the amended complaint on October 28, 2019. The
court heard argument on the Motion to Dismiss the amended complaint on January
22, 2020 and on October 23, 2020, the court granted the motion dismissing the
amended claims. On November 30, 2020, CWCapital Cobalt Vr Ltd filed a notice of
appeal relating to the October 23, 2020 dismissal order. On April 27, 2021, the
First Department affirmed the dismissal as to claims against CWCAM that were
part of the August 20, 2019 dismissal, but reversed the dismissal of two counts
for breach of the Collateral Management Agreement against CWCI. CWCI sought
leave to file an appeal of the decision. The plaintiff also sought leave to
appeal the dismissal of the claims against CWCAM. Both requests for leave were
denied by the First Department. On May 15, 2020, CWCI and CWCAM filed a motion
to renew its motion to dismiss as to 4 of the remaining counts (including the
remaining two counts against CWCAM for aiding and abetting breach of fiduciary
duty and unjust enrichment), based on a decision entered by Judge Failla in a
trust instruction proceeding in the US District Court for the Southern District
of New York awarding summary judgment in favor of CWCAM. On September 7, 2021,
the court denied the motion to renew. CWCI and CWCAM filed a notice of appeal,
which they perfected by the filing of their opening brief on July 1, 2022. On
November 15, 2022, the First Department affirmed the court's denial of the
motion to renew. On October 1, 2021, CWCI and CWCAM moved to reargue the denial
of the motion to renew (or alternatively, the motion to dismiss) with respect
to certain of Cobalt's claims, including the remaining 2 claims against CWCAM,
based on the First Department's April 27, 2021 decision. On March 24, 2022, the
court denied the relief sought in the motion to reargue. CWCI and CWCAM have
appealed the court's decision on the motion to reargue and filed their opening
brief on July 11, 2022. The appeal was dismissed as being nonappealable on
August 30, 2022. CWCAM believes that it has performed its obligations under the
related pooling and servicing agreements in good faith and the remaining
allegations in the New Complaint are without merit.

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

 The
information regarding this Item has been provided previously in an annual
report on Form 10-K of the issuing entity or in the prospectus of the issuing
entity filed in a 424(b)(2) filing dated July 11, 2023.

 Item
1122 of Regulation AB, Compliance with Applicable Servicing Criteria.

 The
reports on assessment of compliance with the servicing criteria for
asset-backed securities and the related attestation reports 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 Item 15.

 Item
15. Exhibits, Financial Statement Schedules.

 (a) Exhibits.

 (4.1)
Pooling and Servicing Agreement, dated as of July 1, 2023, between Morgan
Stanley Capital I Inc., as depositor, Wells Fargo Bank, National Association,
as master servicer, CWCapital Asset Management LLC, as special servicer,
Computershare Trust Company, National Association, as certificate administrator
and as trustee, and Park Bridge Lender Services LLC, as operating advisor and
as asset representations reviewer (filed as Exhibit 4.1 to the registrant's
Current Report on Form 8-K/A filed on August 7, 2023 under SEC File No.

 (4.2)
Trust and Servicing Agreement, dated as of June 21, 2023, between GS Mortgage
Securities Corporation II, as depositor, Midland Loan Services, a Division of
PNC Bank, National Association, as servicer, KeyBank National Association, as
special servicer, Computershare Trust Company, National Association, as
trustee, certificate administrator and custodian, and Park Bridge Lender
Services LLC, as operating advisor, relating to the MIRA 2023-MILE
securitization, pursuant to which the Miracle Mile Shops mortgage loan is
serviced (filed as Exhibit 4.2 to the registrant's Current Report on Form 8-K/A
filed on August 11, 2023 under SEC File No. 333-259741-06 and incorporated by

 (4.3)
Pooling and Servicing Agreement, dated and effective as of May 1, 2023, between
Citigroup Commercial Mortgage Securities Inc., as depositor, Midland Loan
Services, a Division of PNC Bank, National Association, as master servicer,
3650 REIT Loan Servicing LLC, as special servicer, Computershare Trust Company,
National Association, as certificate administrator and trustee, and BellOak,
LLC, as operating advisor and as asset representations reviewer, relating to
the Benchmark 2023-V2 securitization, pursuant to which the ICP/IRG Holdings
Portfolio mortgage loan is serviced (filed as Exhibit 4.3 to the registrant's
Current Report on Form 8-K filed on July 11, 2023 under SEC File No.

 (4.4)
Pooling and Servicing Agreement, dated as of July 1, 2023, between Citigroup
Commercial Mortgage Securities Inc., as depositor, Midland Loan Services, a
division of PNC Bank, National Association, as master servicer, K-Star Asset
Management LLC, as a special servicer, Situs Holdings, LLC, solely with respect
to the Back Bay Office Whole Loan, as a special servicer, Computershare Trust
Company, National Association, as certificate administrator and as trustee, and
Park Bridge Lender Services LLC, as operating advisor and as asset
representations reviewer, relating to the Benchmark 2023-B39 securitization,
pursuant to which the Back Bay Office mortgage loan is serviced (filed as
Exhibit 4.6 to the registrant's Current Report on Form 8-K filed on July 21,
2023 under SEC File No. 333-259741-06 and incorporated by reference herein).

 (4.5)
Pooling and Servicing Agreement, dated as of August 1, 2023, between Wells
Fargo Commercial Mortgage Securities, Inc., as depositor, Wells Fargo Bank,
National Association, as general master servicer, LNR Partners, LLC, as general
special servicer, National Cooperative Bank, N.A., as co-op master servicer and
as co-op special servicer, Computershare Trust Company, National Association,
as certificate administrator, Wilmington Trust, National Association, as
trustee, and Park Bridge Lender Services LLC, as operating advisor and as asset
representations reviewer, relating to the BANK 2023-BNK46 securitization,
pursuant to which the One & Two Commerce Square mortgage loan and the 1201
Third Avenue mortgage loan are serviced (filed as Exhibit 4.7 to the
registrant's Current Report on Form 8-K filed on August 11, 2023 under SEC File
No. 333-259741-06 and incorporated by reference herein).

 (4.6)
Pooling and Servicing Agreement, dated as of September 1, 2023, between Banc of
America Merrill Lynch Commercial Mortgage Inc., as depositor, Wells Fargo Bank,
National Association, as master servicer, Greystone Servicing Company LLC, as
special servicer, Computershare Trust Company, National Association, as
certificate administrator and as trustee, and Pentalpha Surveillance LLC, as
operating advisor and as asset representations reviewer, relating to the BANK5
2023-5YR3 securitization, pursuant to which the Heritage Plaza mortgage loan
and the 6330 West Loop South mortgage loan are serviced filed as Exhibit 4.8 to
the registrant's Current Report on Form 8-K filed on October 3, 2023 under SEC
File No. 333-259741-06 and incorporated by reference herein).

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

 (33) Reports
on assessment of compliance with servicing criteria for asset-backed
securities.

 33.1 Computershare Trust Company, National
Association, as Certificate Administrator

 33.2 Computershare Trust Company, National
Association, as Custodian

 33.3 Wells Fargo Bank, National Association, as
Master Servicer

 33.4 CWCapital Asset Management LLC, as Special
Servicer

 33.5 Park Bridge Lender Services LLC, as
Operating Advisor

 33.6 CoreLogic Solutions, LLC, as Servicing
Function Participant

 33.7 Midland Loan Services, a Division of PNC
Bank, National Association, as Primary Servicer

 33.8 Midland Loan Services, a Division of PNC
Bank, National Association, as Master Servicer under the MIRA 2023-MILE
such party: Miracle Mile Shops (from 1/1/24 to 12/31/24) (see Exhibit 33.7)

 33.9 Midland Loan Services, a Division of PNC
Bank, National Association, as Master Servicer under the Benchmark 2023-B39
such party: Back Bay Office (from 1/1/24 to 12/31/24) (see Exhibit 33.7)

 33.10 Wells Fargo Bank, National Association, as Master
Servicer under the BANK5 2023-5YR3 securitization, pursuant to which the
Exhibit 33.3)

 33.11 CoreLogic Solutions, LLC, as Servicing Function
Participant under the BANK5 2023-5YR3 securitization, pursuant to which the
Exhibit 33.6)

 33.12 Midland Loan Services, a Division of PNC Bank,
National Association, as Master Servicer under the Benchmark 2023-V2
such party: ICP/IRG Holdings Portfolio (from 1/1/24 to 12/31/24) (see Exhibit
33.7)

 33.13 Wells Fargo Bank, National Association, as Master
Servicer under the BANK 2023-BNK46 securitization, pursuant to which the
(see Exhibit 33.3)

 33.14 CoreLogic Solutions, LLC, as Servicing Function
Participant under the BANK 2023-BNK46 securitization, pursuant to which the
(see Exhibit 33.6)

 33.15 KeyBank National Association, as Special Servicer
under the MIRA 2023-MILE securitization, pursuant to which the following
mortgage loans were serviced by such party: Miracle Mile Shops (from 1/1/24 to
12/31/24)

 33.16 Situs Holdings, LLC, as Special Servicer under the
Benchmark 2023-B39 securitization, pursuant to which the following mortgage
loans were serviced by such party: Back Bay Office (from 1/1/24 to 12/31/24)

 33.17 Greystone Servicing Company LLC, as Special Servicer
under the BANK5 2023-5YR3 securitization, pursuant to which the following
mortgage loans were serviced by such party: Heritage Plaza (from 1/1/24 to
12/31/24), 6330 West Loop South (from 1/1/24 to 12/31/24)

 33.18 3650 REIT Loan Servicing LLC, as Special Servicer
under the Benchmark 2023-V2 securitization, pursuant to which the following
mortgage loans were serviced by such party: ICP/IRG Holdings Portfolio (from
1/1/24 to 12/31/24)

 33.19 LNR Partners, LLC, as Special Servicer under the BANK
2023-BNK46 securitization, pursuant to which the following mortgage loans were
serviced by such party: One & Two Commerce Square (from 1/1/24 to
12/31/24), 1201 Third Avenue (from 1/1/24 to 12/31/24)

 33.20 Computershare Trust Company, National Association, as
Custodian under the MIRA 2023-MILE securitization, pursuant to which the
following mortgage loans were serviced by such party: Miracle Mile Shops (from
1/1/24 to 12/31/24) (see Exhibit 33.2)

 33.21 Computershare Trust Company, National Association, as
Custodian under the Benchmark 2023-B39 securitization, pursuant to which the
following mortgage loans were serviced by such party: Back Bay Office (from
1/1/24 to 12/31/24) (see Exhibit 33.2)

 33.22 Computershare Trust Company, National Association, as
Custodian under the BANK5 2023-5YR3 securitization, pursuant to which the
Exhibit 33.2)

 33.23 Computershare Trust Company, National Association, as
Custodian under the Benchmark 2023-V2 securitization, pursuant to which the
following mortgage loans were serviced by such party: ICP/IRG Holdings
Portfolio (from 1/1/24 to 12/31/24) (see Exhibit 33.2)

 33.24 Computershare Trust Company, National Association, as
Custodian under the BANK 2023-BNK46 securitization, pursuant to which the
(see Exhibit 33.2)

 (34)
Attestation reports on assessment of compliance with servicing criteria for
asset-backed securities.

 34.1 Computershare Trust Company, National
Association, as Certificate Administrator

 34.2 Computershare Trust Company, National
Association, as Custodian

 34.3 Wells Fargo Bank, National Association, as
Master Servicer

 34.4 CWCapital Asset Management LLC, as Special
Servicer

 34.5 Park Bridge Lender Services LLC, as
Operating Advisor

 34.6 CoreLogic Solutions, LLC, as Servicing
Function Participant

 34.7 Midland Loan Services, a Division of PNC
Bank, National Association, as Primary Servicer

 34.8 Midland Loan Services, a Division of PNC
Bank, National Association, as Master Servicer under the MIRA 2023-MILE
such party: Miracle Mile Shops (from 1/1/24 to 12/31/24) (see Exhibit 34.7)

 34.9 Midland Loan Services, a Division of PNC
Bank, National Association, as Master Servicer under the Benchmark 2023-B39
such party: Back Bay Office (from 1/1/24 to 12/31/24) (see Exhibit 34.7)

 34.10 Wells Fargo Bank, National Association, as Master
Servicer under the BANK5 2023-5YR3 securitization, pursuant to which the
Exhibit 34.3)

 34.11 CoreLogic Solutions, LLC, as Servicing Function
Participant under the BANK5 2023-5YR3 securitization, pursuant to which the
Exhibit 34.6)

 34.12 Midland Loan Services, a Division of PNC Bank,
National Association, as Master Servicer under the Benchmark 2023-V2
such party: ICP/IRG Holdings Portfolio (from 1/1/24 to 12/31/24) (see Exhibit
34.7)

 34.13 Wells Fargo Bank, National Association, as Master
Servicer under the BANK 2023-BNK46 securitization, pursuant to which the
(see Exhibit 34.3)

 34.14 CoreLogic Solutions, LLC, as Servicing Function
Participant under the BANK 2023-BNK46 securitization, pursuant to which the
(see Exhibit 34.6)

 34.15 KeyBank National Association, as Special Servicer
under the MIRA 2023-MILE securitization, pursuant to which the following
mortgage loans were serviced by such party: Miracle Mile Shops (from 1/1/24 to
12/31/24)

 34.16 Situs Holdings, LLC, as Special Servicer under the
Benchmark 2023-B39 securitization, pursuant to which the following mortgage
loans were serviced by such party: Back Bay Office (from 1/1/24 to 12/31/24)

 34.17 Greystone Servicing Company LLC, as Special Servicer
under the BANK5 2023-5YR3 securitization, pursuant to which the following
mortgage loans were serviced by such party: Heritage Plaza (from 1/1/24 to
12/31/24), 6330 West Loop South (from 1/1/24 to 12/31/24)

 34.18 3650 REIT Loan Servicing LLC, as Special Servicer
under the Benchmark 2023-V2 securitization, pursuant to which the following
mortgage loans were serviced by such party: ICP/IRG Holdings Portfolio (from
1/1/24 to 12/31/24)

 34.19 LNR Partners, LLC, as Special Servicer under the BANK
2023-BNK46 securitization, pursuant to which the following mortgage loans were
serviced by such party: One & Two Commerce Square (from 1/1/24 to
12/31/24), 1201 Third Avenue (from 1/1/24 to 12/31/24)

 34.20 Computershare Trust Company, National Association, as
Custodian under the MIRA 2023-MILE securitization, pursuant to which the
following mortgage loans were serviced by such party: Miracle Mile Shops (from
1/1/24 to 12/31/24) (see Exhibit 34.2)

 34.21 Computershare Trust Company, National Association, as
Custodian under the Benchmark 2023-B39 securitization, pursuant to which the
following mortgage loans were serviced by such party: Back Bay Office (from
1/1/24 to 12/31/24) (see Exhibit 34.2)

 34.22 Computershare Trust Company, National Association, as
Custodian under the BANK5 2023-5YR3 securitization, pursuant to which the
Exhibit 34.2)

 34.23 Computershare Trust Company, National Association, as
Custodian under the Benchmark 2023-V2 securitization, pursuant to which the
following mortgage loans were serviced by such party: ICP/IRG Holdings
Portfolio (from 1/1/24 to 12/31/24) (see Exhibit 34.2)

 34.24 Computershare Trust Company, National Association, as
Custodian under the BANK 2023-BNK46 securitization, pursuant to which the
(see Exhibit 34.2)

 (35) Servicer
compliance statement.

 35.1 Computershare Trust Company, National
Association, as Certificate Administrator

 35.2 Computershare Trust Company, National
Association, as Custodian

 35.3 Wells Fargo Bank, National Association, as
Master Servicer

 35.4 CWCapital Asset Management LLC, as Special
Servicer

 35.5 Midland Loan Services, a Division of PNC
Bank, National Association, as Primary Servicer

 35.6 Midland Loan Services, a Division of PNC
Bank, National Association, as Master Servicer under the MIRA 2023-MILE
such party: Miracle Mile Shops (from 1/1/24 to 12/31/24) (see Exhibit 35.5)

 35.7 Midland Loan Services, a Division of PNC
Bank, National Association, as Master Servicer under the Benchmark 2023-B39
such party: Back Bay Office (from 1/1/24 to 12/31/24) (see Exhibit 35.5)

 35.8 Wells Fargo Bank, National Association, as
Master Servicer under the BANK5 2023-5YR3 securitization, pursuant to which the
Exhibit 35.3)

 35.9 Midland Loan Services, a Division of PNC
Bank, National Association, as Master Servicer under the Benchmark 2023-V2
such party: ICP/IRG Holdings Portfolio (from 1/1/24 to 12/31/24) (see Exhibit
35.5)

 35.10 Wells Fargo Bank, National Association, as Master
Servicer under the BANK 2023-BNK46 securitization, pursuant to which the
(see Exhibit 35.3)

 35.11 Computershare Trust Company, National Association, as
Custodian under the MIRA 2023-MILE securitization, pursuant to which the
following mortgage loans were serviced by such party: Miracle Mile Shops (from
1/1/24 to 12/31/24) (see Exhibit 35.2)

 35.12 Computershare Trust Company, National Association, as
Custodian under the Benchmark 2023-B39 securitization, pursuant to which the
following mortgage loans were serviced by such party: Back Bay Office (from
1/1/24 to 12/31/24) (see Exhibit 35.2)

 35.13 Computershare Trust Company, National Association, as
Custodian under the BANK5 2023-5YR3 securitization, pursuant to which the
Exhibit 35.2)

 35.14 Computershare Trust Company, National Association, as
Custodian under the Benchmark 2023-V2 securitization, pursuant to which the
following mortgage loans were serviced by such party: ICP/IRG Holdings
Portfolio (from 1/1/24 to 12/31/24) (see Exhibit 35.2)

 35.15 Computershare Trust Company, National Association, as
Custodian under the BANK 2023-BNK46 securitization, pursuant to which the
(see Exhibit 35.2)

 (99.1) Mortgage Loan Purchase Agreement, dated as of
June 29, 2023, between Morgan Stanley Capital I Inc. and Wells Fargo Bank,
National Association (filed as Exhibit 99.1 to the registrant's Current Report
on Form 8-K/A filed on August 7, 2023 under SEC File No. 333-259741-06 and
incorporated by reference herein).

 (99.2) Mortgage Loan Purchase Agreement, dated as of
June 29, 2023, between Morgan Stanley Capital I Inc. and JPMorgan Chase Bank,
National Association (filed as Exhibit 99.2 to the registrant's Current Report
on Form 8-K/A filed on August 7, 2023 under SEC File No. 333-259741-06 and
incorporated by reference herein).

 (99.3) Mortgage Loan Purchase Agreement, dated as of
June 29, 2023, between Morgan Stanley Capital I Inc. and Morgan Stanley
Mortgage Capital Holdings LLC (filed as Exhibit 99.3 to the registrant's
Current Report on Form 8-K/A filed on August 7, 2023 under SEC File No.

 (99.4) Mortgage Loan Purchase Agreement, dated as of
June 29, 2023, between Morgan Stanley Capital I Inc. and Bank of America,
National Association (filed as Exhibit 99.4 to the registrant's Current Report
on Form 8-K/A filed on August 7, 2023 under SEC File No. 333-259741-06 and
incorporated by reference herein).

 (99.5) Co-Lender Agreement, dated as of June 21, 2023,
by and among Goldman Sachs Bank USA, as initial note A-1-S1 holder, initial
note A-1-C1 holder and initial note A-1-C2 holder, and Morgan Stanley Bank,
N.A., as initial note A-2-S1 holder, and Bank of America, N.A. as initial note
A-3-C1 holder, initial note A-3-C2 holder and initial note A-3-C3 holder,
relating to the Miracle Mile Shops loan combination (filed as Exhibit 99.5 to
the registrant's Current Report on Form 8-K filed on July 11, 2023 under SEC
File No. 333-259741-06 and incorporated by reference herein).

 (99.6) Agreement Between Note Holders, dated as of May
24, 2023, by and between Wells Fargo Bank, National Association, as initial
note A-1 holder, and Wells Fargo Bank, National Association, as initial note
A-2 holder, relating to the Brandon Mall loan combination (filed as Exhibit
99.6 to the registrant's Current Report on Form 8-K filed on July 11, 2023
under SEC File No. 333-259741-06 and incorporated by reference herein).

 (99.7) Amended and Restated Agreement Between Note
Holders, dated as of August 2, 2023, by and between New York Life Insurance
Company, as initial note A-1 holder, Teachers Insurance and Annuity Association
of America, as initial note A-2 holder, Deutsche Bank AG, New York Branch, as
initial note A-3 holder, Computershare Trust Company, National Association, not
in its individual capacity but solely as trustee for the benefit of the holders
of Benchmark 2023-B39 Mortgage Trust, Commercial Mortgage Pass-Through
Certificates, Series 2023-B39, and any related uncertificated VRR interest
owner, as initial note A-4-1 holder, Zions Bancorporation, N.A., as initial
note A-4-2 holder, Deutsche Bank AG, New York Branch, as initial note A-4-3
holder, initial note A-5-1 holder and initial A-5-2 holder, Computershare Trust
Company, National Association, not in its individual capacity but solely as
trustee for the benefit of the holders of BANK5 2023-5YR2, Commercial Mortgage
Pass-Through Certificates, Series 2023-5YR2, and the related VRR interest
owners, as initial note A-6 holder, Wells Fargo Bank, National Association, as
initial note A-7-A holder and initial note A-7-B holder, Computershare Trust
Company, National Association, not in its individual capacity but solely as
trustee for the benefit of the holders of Benchmark 2023-B39 Mortgage Trust,
Commercial Mortgage Pass-Through Certificates, Series 2023-B39, and any related
uncertificated VRR interest owner, as initial note A-8-1 holder, Goldman Sachs
Bank USA, as initial note A-8-2-A holder, initial note A-8-2-B holder and
initial note A-8-3 holder, SM Finance (Gorelux) LLC, as initial note B-1 holder
and initial note B-2 holder, and Deutsche Bank AG, New York Branch, as initial
agent, relating to the Back Bay Office loan combination (filed as Exhibit 99.16
to the registrant's Current Report on Form 8-K filed on August 7, 2023 under
SEC File No. 333-259741-06 and incorporated by reference herein).

 (99.8) Agreement Between Note Holders, dated as of May
25, 2023, by and between 3650 REIT Warehouse Facility Entity 2A LLC, as initial
note A-1-A-1 holder, 3650 REIT Warehouse Facility Entity 2A LLC, as initial
note A-1-A-2 holder, 3650 REIT Warehouse Facility Entity 2A LLC, as initial
note A-1-B-1 holder, 3650 REIT Warehouse Facility Entity 2A LLC, as initial
note A-1-B-1 holder, JPMorgan Chase Bank, National Association, as initial note
A-2-A holder, JPMorgan Chase Bank, National Association, as initial note A-2-B
holder, JPMorgan Chase Bank, National Association, as initial note A-2-C
holder, JPMorgan Chase Bank, National Association, as initial note A-2-D
holder, and JPMorgan Chase Bank, National Association, as initial note A-2-E
holder, relating to the ICP/IRG Holdings Portfolio loan combination (filed as
Exhibit 99.8 to the registrant's Current Report on Form 8-K filed on July 11,
2023 under SEC File No. 333-259741-06 and incorporated by reference herein).

 (99.9) Co-Lender Agreement, dated as of May 5, 2023, by
and between JPMorgan Chase Bank, National Association, as initial note A-1
holder, JPMorgan Chase Bank, National Association, as initial note A-2 holder,
and Barclays Capital Real Estate Inc., as initial note A-3 holder, relating to
the Queens Crossing loan combination (filed as Exhibit 99.9 to the registrant's
Current Report on Form 8-K filed on July 11, 2023 under SEC File No.

 (99.10) Agreement Between Note Holders, dated as of
July 11, 2023, by and between Morgan Stanley Bank, N.A., as initial note A-1
holder, Morgan Stanley Bank, N.A., as initial note A-2-1 holder, Morgan Stanley
Bank, N.A., as initial note A-2-2 holder, and Morgan Stanley Mortgage Capital
Holdings LLC, as initial agent, relating to the 503-511 Broadway loan
combination (filed as Exhibit 99.10 to the registrant's Current Report on Form
8-K filed on July 11, 2023 under SEC File No. 333-259741-06 and incorporated by

 (99.11) Agreement Between Note Holders, dated as of
June 1, 2023, by and between Bank of America, N.A., as initial note A-1,
initial note A-2, initial note A-3 and initial note A-4 holder, Barclays
Capital Real Estate Inc., as initial note A-5, initial note A-6, initial note
A-7 and initial note A-8 holder, and JPMorgan Chase Bank, National
Association., as initial note A-9, initial note A-10, initial note A-11 and
initial note A-12 holder, relating to the One & Two Commerce Square loan
combination (filed as Exhibit 99.11 to the registrant's Current Report on Form
8-K filed on July 11, 2023 under SEC File No. 333-259741-06 and incorporated by

 (99.12) Agreement Between Note Holders, dated as of May
25, 2023, by and between Morgan Stanley Bank, N.A., as initial note A-1 holder,
initial note A-2-1 holder, initial note A-2-2 holder and initial note A-4
holder, Bank of Montreal, as initial note A-3 holder and initial note A-3-2
holder, Goldman Sachs Bank USA, as initial note A-5 holder and initial note A-6
holder, and Morgan Stanley Mortgage Capital Holdings LLC, as initial agent,
relating to the Heritage Plaza loan combination (filed as Exhibit 99.12 to the
registrant's Current Report on Form 8-K filed on July 11, 2023 under SEC File
No. 333-259741-06 and incorporated by reference herein).

 (99.13) Agreement Between Note Holders, dated as of
June 14, 2023, by and between Bank of America, N.A., as initial note A-1
holder, Bank of America, N.A., as initial note A-2 holder, and Bank of America,
N.A., as initial note A-3 holder, relating to the 6330 West Loop South loan
combination (filed as Exhibit 99.13 to the registrant's Current Report on Form
8-K filed on July 11, 2023 under SEC File No. 333-259741-06 and incorporated by

 (99.14) Agreement Between Note Holders, dated as of
April 19, 2023, by and between Morgan Stanley Bank, N.A., as initial note A-1-1
holder, initial note A-1-2 holder, initial note A-1-3 holder and initial note
A-2 holder, JPMorgan Chase Bank, National Association, as initial note A-3
holder and initial note A-4 holder, and Morgan Stanley Mortgage Capital
Holdings LLC, as initial agent, relating to the 1201 Third Avenue loan
combination (filed as Exhibit 99.14 to the registrant's Current Report on Form
8-K filed on July 11, 2023 under SEC File No. 333-259741-06 and incorporated by

 (99.15) Primary Servicing Agreement, dated as of July
1, 2023, by and between Wells Fargo Bank, National Association, as master
servicer, and Midland Loan Services, a Division of PNC Bank, National
Association, as primary servicer (filed as Exhibit 99.15 to the registrant's
Current Report on Form 8-K filed on July 11, 2023 under SEC File No.

 (b)
See (a) above.

 (c) Not
Applicable.

 SIGNATURES

 Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

 Morgan
Stanley Capital I Inc.

 (Depositor)

 By:
/s/ Jane Lam

 Jane
Lam, President

 (senior
officer in charge of securitization of the depositor)

 Date:
March 24, 2025