<?xml version="1.0" encoding="us-ascii"?>
<assetData xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns="http://www.sec.gov/edgar/document/absee/cmbs/assetdata">
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>1</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>BANA</originatorName>
    <originationDate>06-06-2023</originationDate>
    <originalLoanAmount>67000000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>06-06-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0699105</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0699105</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>07-06-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>390333.63</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>67000000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>true</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>08-05-2025</prepaymentLockOutEndDate>
    <yieldMaintenanceEndDate>12-05-2027</yieldMaintenanceEndDate>
    <prepaymentPremiumsEndDate>12-05-2027</prepaymentPremiumsEndDate>
    <property>
      <propertyName>MIRACLE MILE SHOPS</propertyName>
      <propertyAddress>3663 SOUTH LAS VEGAS BOULEVARD</propertyAddress>
      <propertyCity>Las Vegas</propertyCity>
      <propertyState>NV</propertyState>
      <propertyZip>89109</propertyZip>
      <propertyCounty>Clark</propertyCounty>
      <propertyTypeCode>RT</propertyTypeCode>
      <netRentableSquareFeetNumber>503484</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>503484</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>2000</yearBuiltNumber>
      <yearLastRenovated>2023</yearLastRenovated>
      <valuationSecuritizationAmount>1100000000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-28-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.85</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.85</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>08-06-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <largestTenant>V Theater</largestTenant>
      <squareFeetLargestTenantNumber>38428</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>12-31-2028</leaseExpirationLargestTenantDate>
      <secondLargestTenant>Saxe Theater</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>22398</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>12-31-2028</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>Victoria's Secret</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>20872</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>01-31-2026</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>03-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>82245355.00</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>55879201.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>22585949.00</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>20304505.03</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>59659406.00</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>35574695.97</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>58914298.00</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>35015864.97</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>23718666.00</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>1.98</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.4998</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.96</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.4762</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>67000000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>403344.75</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0699105</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002428</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>403344.75</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>67000000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>67000000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-06-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>2</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>WFB</originatorName>
    <originationDate>05-24-2023</originationDate>
    <originalLoanAmount>65000000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>06-11-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0762</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0762</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>07-11-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>412750.00</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>65000000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>12-10-2027</prepaymentLockOutEndDate>
    <property>
      <propertyName>BRANDON MALL</propertyName>
      <propertyAddress>175, 459, 303-675, 686 &amp; 901 BRANDON TOWN CENTER DRIVE</propertyAddress>
      <propertyCity>Brandon</propertyCity>
      <propertyState>FL</propertyState>
      <propertyZip>33511</propertyZip>
      <propertyCounty>Hillsborough</propertyCounty>
      <propertyTypeCode>RT</propertyTypeCode>
      <netRentableSquareFeetNumber>659882</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>659882</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1995</yearBuiltNumber>
      <yearLastRenovated>2022</yearLastRenovated>
      <valuationSecuritizationAmount>221220000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-16-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.7</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.69</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>08-11-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <largestTenant>Dick's Sporting Goods</largestTenant>
      <squareFeetLargestTenantNumber>45001</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>01-31-2041</leaseExpirationLargestTenantDate>
      <secondLargestTenant>Books a Million</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>17383</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>01-31-2028</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>Victoria's Secret</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>11129</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>01-31-2028</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>03-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>35463842.96</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>26204014.15</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>12244308.18</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>9256905.09</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>23219534.78</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>16947109.06</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>21767794.38</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>15858304.06</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>7017596.62</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>2.48</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>2.4149</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>2.33</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>2.2597</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>65000000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>426508.33</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0762</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>426508.33</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>65000000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>65000000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-11-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>3</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>WFB</originatorName>
    <originationDate>06-07-2023</originationDate>
    <originalLoanAmount>50000000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>07-06-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.06298</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.06298</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>08-06-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>false</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>A1</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>0.00</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>50000000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>true</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>08-05-2025</prepaymentLockOutEndDate>
    <yieldMaintenanceEndDate>01-05-2028</yieldMaintenanceEndDate>
    <prepaymentPremiumsEndDate>01-05-2028</prepaymentPremiumsEndDate>
    <property>
      <propertyName>BACK BAY OFFICE</propertyName>
      <propertyAddress>222 BERKELEY STREET AND 500 BOYLSTON STREET</propertyAddress>
      <propertyCity>Boston</propertyCity>
      <propertyState>MA</propertyState>
      <propertyZip>02116</propertyZip>
      <propertyCounty>Suffolk</propertyCounty>
      <propertyTypeCode>OF</propertyTypeCode>
      <netRentableSquareFeetNumber>1283670</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>1283670</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1987</yearBuiltNumber>
      <yearLastRenovated>2022</yearLastRenovated>
      <valuationSecuritizationAmount>1410000000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>10-19-2022</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.96</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.85</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>08-06-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <largestTenant>Wayfair</largestTenant>
      <squareFeetLargestTenantNumber>295615</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>12-31-2031</leaseExpirationLargestTenantDate>
      <secondLargestTenant>DraftKings Inc.</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>125104</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>03-31-2029</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>Summit Partners</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>79794</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>11-30-2033</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>03-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>115015445.42</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>83967585.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>37554805.21</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>28525042.40</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>77460640.21</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>55442542.60</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>77203906.21</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>55249992.10</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>22748245.00</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>2.55</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>2.4372</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>2.55</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>2.4287</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>50000000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>271163.89</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.06298</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>271163.89</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>50000000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>50000000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-06-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>3A</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>WFB</originatorName>
    <originationDate>06-07-2023</originationDate>
    <originalLoanAmount>10000000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>07-06-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.06298</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.06298</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>08-06-2023</firstLoanPaymentDueDate>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>A1</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <scheduledPrincipalBalanceSecuritizationAmount>10000000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <property>
      <propertyName>NA</propertyName>
      <propertyState>NA</propertyState>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>10000000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>54232.78</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.06298</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>54232.78</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>10000000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>10000000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-06-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>4</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>WFB</originatorName>
    <originationDate>06-01-2023</originationDate>
    <originalLoanAmount>58600000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>06-11-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0725</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0725</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>07-11-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>WL</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>354041.67</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>58600000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>12-10-2027</prepaymentLockOutEndDate>
    <property>
      <propertyName>PARK WEST SHOPPING CENTER</propertyName>
      <propertyAddress>9712-9868 WEST NORTHERN AVENUE</propertyAddress>
      <propertyCity>Peoria</propertyCity>
      <propertyState>AZ</propertyState>
      <propertyZip>85345</propertyZip>
      <propertyCounty>Maricopa</propertyCounty>
      <propertyTypeCode>RT</propertyTypeCode>
      <netRentableSquareFeetNumber>253789</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>253789</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>2007</yearBuiltNumber>
      <valuationSecuritizationAmount>97100000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-20-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.95</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.91</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>08-11-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <largestTenant>Harkins</largestTenant>
      <squareFeetLargestTenantNumber>64129</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>10-31-2037</leaseExpirationLargestTenantDate>
      <secondLargestTenant>BJs Restaurants Inc</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>9000</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>12-31-2028</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>Smart Gym   LLC</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>8925</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>07-31-2030</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>02-28-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>8956043.63</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>6883779.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>2177022.75</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>1905015.87</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>6779020.88</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>4978763.13</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>6594984.33</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>4840735.38</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>3233580.59</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>1.57</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.5397</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.53</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.497</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>58600000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>365843.06</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0725</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0003128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>365843.06</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>58600000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>58600000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-11-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>5</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>WFB</originatorName>
    <originationDate>05-19-2023</originationDate>
    <originalLoanAmount>52500000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>06-11-2028</maturityDate>
    <originalAmortizationTermNumber>360</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.06835</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.06835</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>0</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>07-11-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>WL</loanStructureCode>
    <paymentTypeCode>2</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>343485.60</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>52455545.65</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>2</NumberPropertiesSecuritization>
    <NumberProperties>2</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>false</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>03-10-2028</prepaymentLockOutEndDate>
    <property>
      <propertyName>Shops at Riverwalk &amp; River Walk Corporate Center</propertyName>
      <propertyCity>Bakersfield</propertyCity>
      <propertyState>CA</propertyState>
      <propertyCounty>Kern</propertyCounty>
      <propertyTypeCode>98</propertyTypeCode>
      <netRentableSquareFeetSecuritizationNumber>313317</netRentableSquareFeetSecuritizationNumber>
      <valuationSecuritizationAmount>118710000.00</valuationSecuritizationAmount>
      <physicalOccupancySecuritizationPercentage>0.92</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <defeasanceOptionStartDate>08-11-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <financialsSecuritizationDate>02-28-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>10108917.53</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>9380468.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>3410324.12</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>3379041.38</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>6698593.41</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>6001426.62</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>6513278.86</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>5862439.62</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <mostRecentDebtServiceAmount>3091370.40</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>1.63</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.9413</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.58</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.8963</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>51158565.33</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>343485.60</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.06835</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>301103.68</scheduledInterestAmount>
    <scheduledPrincipalAmount>42381.92</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>51116183.41</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>51116183.41</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-11-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>5-001</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>SHOPS AT RIVERWALK</propertyName>
      <propertyAddress>10100-11150 STOCKDALE HIGHWAY</propertyAddress>
      <propertyCity>Bakersfield</propertyCity>
      <propertyState>CA</propertyState>
      <propertyZip>93311</propertyZip>
      <propertyCounty>Kern</propertyCounty>
      <propertyTypeCode>RT</propertyTypeCode>
      <netRentableSquareFeetNumber>269759</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>269759</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>2005</yearBuiltNumber>
      <valuationSecuritizationAmount>105100000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>04-10-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.91</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>Nordstrom Rack</largestTenant>
      <squareFeetLargestTenantNumber>35000</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>03-31-2030</leaseExpirationLargestTenantDate>
      <secondLargestTenant>Sprouts Farmers Market</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>24799</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>02-28-2030</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>TJ Maxx</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>22500</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>05-31-2030</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>02-28-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>8827146.53</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>8275488.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>3003735.52</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>3036542.99</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>5823411.01</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>5238945.01</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>5688188.16</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>5137527.01</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>2736947.38</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.9141</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.8771</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>5-002</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>RIVER WALK CORPORATE CENTER</propertyName>
      <propertyAddress>11000 RIVER RUN BOULEVARD</propertyAddress>
      <propertyCity>Bakersfield</propertyCity>
      <propertyState>CA</propertyState>
      <propertyZip>93311</propertyZip>
      <propertyCounty>Kern</propertyCounty>
      <propertyTypeCode>OF</propertyTypeCode>
      <netRentableSquareFeetNumber>43558</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>43558</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>2008</yearBuiltNumber>
      <yearLastRenovated>2020</yearLastRenovated>
      <valuationSecuritizationAmount>13610000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>04-11-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>Department of Genera</largestTenant>
      <squareFeetLargestTenantNumber>43558</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>10-31-2028</leaseExpirationLargestTenantDate>
      <financialsSecuritizationDate>02-28-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>1281771.00</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>1104980.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>406588.60</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>342498.39</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>875182.40</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>762481.61</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>825090.70</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>724912.61</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>354423.02</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>2.1513</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>2.0453</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>6</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>JPMCB</originatorName>
    <originationDate>04-20-2023</originationDate>
    <originalLoanAmount>3200000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>05-01-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0735</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0735</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>06-01-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>319725.00</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>3200000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>7</NumberPropertiesSecuritization>
    <NumberProperties>7</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>true</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>05-31-2025</prepaymentLockOutEndDate>
    <yieldMaintenanceEndDate>11-30-2027</yieldMaintenanceEndDate>
    <prepaymentPremiumsEndDate>11-30-2027</prepaymentPremiumsEndDate>
    <property>
      <propertyName>ICP/IRG Holdings Portfolio</propertyName>
      <propertyTypeCode>98</propertyTypeCode>
      <netRentableSquareFeetSecuritizationNumber>4662982</netRentableSquareFeetSecuritizationNumber>
      <valuationSecuritizationAmount>307750000.00</valuationSecuritizationAmount>
      <physicalOccupancySecuritizationPercentage>0.94</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.69</mostRecentPhysicalOccupancyPercentage>
      <defeasanceOptionStartDate>08-01-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <financialsSecuritizationDate>01-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2024</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>06-30-2024</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>28073041.43</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>15072537.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>8814658.81</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>5669556.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>19258382.62</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>9402981.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>18640621.34</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>9094101.50</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <mostRecentDebtServiceAmount>6706875.00</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>1.44</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.4019</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.39</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.3559</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>3200000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>20253.33</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0735</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002003</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>20253.33</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>3200000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>3200000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-01-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Midland Loan Services</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>6-001</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>ROMULUS - HURON</propertyName>
      <propertyAddress>38481 HURON RIVER DRIVE</propertyAddress>
      <propertyCity>Romulus</propertyCity>
      <propertyState>MI</propertyState>
      <propertyZip>48174</propertyZip>
      <propertyCounty>Wayne</propertyCounty>
      <propertyTypeCode>IN</propertyTypeCode>
      <netRentableSquareFeetNumber>1112004</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>1112004</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1956</yearBuiltNumber>
      <valuationSecuritizationAmount>70700000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>09-06-2022</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.68</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>Renaissance Global Logistics  LLC</largestTenant>
      <squareFeetLargestTenantNumber>370514</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>08-31-2025</leaseExpirationLargestTenantDate>
      <secondLargestTenant>Renaissance Global Logistics  LLC</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>270220</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>01-31-2027</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>Renaissance Global Logistics  LLC</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>185870</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>10-31-2026</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>01-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2024</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>06-30-2024</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>5669096.56</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>15072537.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>1288803.90</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>5669556.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>4380292.66</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>9402981.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>4261549.89</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>9094101.50</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>6706875.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.4019</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.3559</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>06-30-2024</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>6-002</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>WARREN PERKINS JONES</propertyName>
      <propertyAddress>541 PERKINS JONES ROAD NORTHEAST</propertyAddress>
      <propertyCity>Warren</propertyCity>
      <propertyState>OH</propertyState>
      <propertyZip>44483</propertyZip>
      <propertyCounty>Trumbull</propertyCounty>
      <propertyTypeCode>IN</propertyTypeCode>
      <netRentableSquareFeetNumber>1365535</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>1365535</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1982</yearBuiltNumber>
      <yearLastRenovated>2022</yearLastRenovated>
      <valuationSecuritizationAmount>60900000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>09-06-2022</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.99</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.68</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>The Step2 Company  LLC</largestTenant>
      <squareFeetLargestTenantNumber>586000</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>11-03-2030</leaseExpirationLargestTenantDate>
      <secondLargestTenant>The HC Companies  Inc</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>413395</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>05-31-2030</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>Hemasource  Inc.</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>187267</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>12-31-2033</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>01-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2024</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>06-30-2024</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>5932793.11</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>0.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>1612490.79</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>0.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>4320302.31</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>0.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>4210462.20</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>0.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>0.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>0.00</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageCode>C</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>06-30-2024</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>6-003</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>CLEVELAND AMERICAN INDUSTRIAL</propertyName>
      <propertyAddress>1 AMERICAN ROAD</propertyAddress>
      <propertyCity>Cleveland</propertyCity>
      <propertyState>OH</propertyState>
      <propertyZip>44144</propertyZip>
      <propertyCounty>Cuyahoga</propertyCounty>
      <propertyTypeCode>IN</propertyTypeCode>
      <netRentableSquareFeetNumber>1142265</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>1142265</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1978</yearBuiltNumber>
      <yearLastRenovated>2022</yearLastRenovated>
      <valuationSecuritizationAmount>65800000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>09-23-2022</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.86</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.68</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>Graphic Packaging International  Inc.</largestTenant>
      <squareFeetLargestTenantNumber>150743</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>11-30-2025</leaseExpirationLargestTenantDate>
      <secondLargestTenant>TRG Studios  Inc.</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>118904</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>07-31-2031</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>Taylor Exhibition Services  Inc.</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>100773</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>11-30-2027</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>01-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2024</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>06-30-2024</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>6633718.31</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>0.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>2048815.55</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>0.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>4584902.76</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>0.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>4431157.72</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>0.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>0.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>0.00</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageCode>C</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>06-30-2024</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>6-004</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>CLEVELAND AMERICAN OFFICE</propertyName>
      <propertyAddress>100 AMERICAN ROAD</propertyAddress>
      <propertyCity>Cleveland</propertyCity>
      <propertyState>OH</propertyState>
      <propertyZip>44144</propertyZip>
      <propertyCounty>Cuyahoga</propertyCounty>
      <propertyTypeCode>OF</propertyTypeCode>
      <netRentableSquareFeetNumber>344355</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>344355</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1978</yearBuiltNumber>
      <yearLastRenovated>2020</yearLastRenovated>
      <valuationSecuritizationAmount>46600000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>09-23-2022</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.68</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>Medical Mutual of Ohio</largestTenant>
      <squareFeetLargestTenantNumber>344355</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>12-31-2035</leaseExpirationLargestTenantDate>
      <financialsSecuritizationDate>01-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2024</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>06-30-2024</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>5124001.89</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>0.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>2042870.06</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>0.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>3081131.83</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>0.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>2955777.29</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>0.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>0.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>0.00</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageCode>C</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>06-30-2024</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>6-005</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>MILES NORTH RANDALL</propertyName>
      <propertyAddress>21201 MILES ROAD</propertyAddress>
      <propertyCity>North Randall</propertyCity>
      <propertyState>OH</propertyState>
      <propertyZip>44128</propertyZip>
      <propertyCounty>Cuyahoga</propertyCounty>
      <propertyTypeCode>IN</propertyTypeCode>
      <netRentableSquareFeetNumber>302400</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>302400</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>2021</yearBuiltNumber>
      <valuationSecuritizationAmount>39000000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>09-02-2022</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.69</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.68</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>Pipeline Packaging Co</largestTenant>
      <squareFeetLargestTenantNumber>207132</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>04-30-2029</leaseExpirationLargestTenantDate>
      <financialsSecuritizationDate>01-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2024</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>06-30-2024</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>2056815.96</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>0.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>1067776.44</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>0.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>989039.52</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>0.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>937016.55</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>0.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>0.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>0.00</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageCode>C</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>06-30-2024</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>6-006</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>INVACARE</propertyName>
      <propertyAddress>1200 TAYLOR STREET</propertyAddress>
      <propertyCity>Elyria</propertyCity>
      <propertyState>OH</propertyState>
      <propertyZip>44035</propertyZip>
      <propertyCounty>Lorain</propertyCounty>
      <propertyTypeCode>IN</propertyTypeCode>
      <netRentableSquareFeetNumber>301000</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>301000</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1972</yearBuiltNumber>
      <yearLastRenovated>2013</yearLastRenovated>
      <valuationSecuritizationAmount>20600000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>09-02-2022</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.68</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>Invacare Corporation</largestTenant>
      <squareFeetLargestTenantNumber>301000</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>04-30-2028</leaseExpirationLargestTenantDate>
      <financialsSecuritizationDate>01-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2024</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>06-30-2024</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>2043114.08</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>0.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>474043.42</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>0.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>1569070.66</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>0.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>1534365.34</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>0.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>0.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>0.00</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageCode>C</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>06-30-2024</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>6-007</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>STOP EIGHT VANDALIA</propertyName>
      <propertyAddress>3345 STOP EIGHT ROAD</propertyAddress>
      <propertyCity>Vandalia</propertyCity>
      <propertyState>OH</propertyState>
      <propertyZip>45414</propertyZip>
      <propertyCounty>Montgomery</propertyCounty>
      <propertyTypeCode>IN</propertyTypeCode>
      <netRentableSquareFeetNumber>95423</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>95423</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1970</yearBuiltNumber>
      <yearLastRenovated>2020</yearLastRenovated>
      <valuationSecuritizationAmount>4150000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>09-01-2022</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.68</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>AmeriWater  LLC</largestTenant>
      <squareFeetLargestTenantNumber>65057</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>09-24-2025</leaseExpirationLargestTenantDate>
      <secondLargestTenant>L &amp; W Supply Corporation</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>30366</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>05-31-2035</leaseExpirationSecondLargestTenantDate>
      <financialsSecuritizationDate>01-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2024</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>06-30-2024</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>613501.53</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>0.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>279858.66</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>0.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>333642.88</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>0.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>310292.34</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>0.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>0.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>0.00</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageCode>C</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>06-30-2024</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>6B</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>JPMCB</originatorName>
    <originationDate>04-20-2023</originationDate>
    <originalLoanAmount>15000000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>05-01-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0735</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0735</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>06-01-2023</firstLoanPaymentDueDate>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <scheduledPrincipalBalanceSecuritizationAmount>15000000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <property>
      <propertyName>NA</propertyName>
      <propertyState>NA</propertyState>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>15000000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>94937.50</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0735</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002003</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>94937.50</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>15000000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>15000000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-01-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Midland Loan Services</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>6A</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>JPMCB</originatorName>
    <originationDate>04-20-2023</originationDate>
    <originalLoanAmount>25000000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>05-01-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0735</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0735</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>06-01-2023</firstLoanPaymentDueDate>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <scheduledPrincipalBalanceSecuritizationAmount>25000000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <property>
      <propertyName>NA</propertyName>
      <propertyState>NA</propertyState>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>25000000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>158229.17</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0735</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002003</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>158229.17</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>25000000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>25000000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-01-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Midland Loan Services</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>6C</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>JPMCB</originatorName>
    <originationDate>04-20-2023</originationDate>
    <originalLoanAmount>9000000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>05-01-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0735</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0735</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>06-01-2023</firstLoanPaymentDueDate>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <scheduledPrincipalBalanceSecuritizationAmount>9000000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <property>
      <propertyName>NA</propertyName>
      <propertyState>NA</propertyState>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>9000000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>56962.50</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0735</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002003</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>56962.50</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>9000000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>9000000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-01-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Midland Loan Services</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>7</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>JPMCB</originatorName>
    <originationDate>05-08-2023</originationDate>
    <originalLoanAmount>38500000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>06-01-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0735</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0735</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>07-01-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>WL</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>235812.50</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>38500000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>4</NumberPropertiesSecuritization>
    <NumberProperties>4</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>03-31-2028</prepaymentLockOutEndDate>
    <property>
      <propertyName>Alabama Hotel Portfolio</propertyName>
      <propertyState>AL</propertyState>
      <propertyTypeCode>LO</propertyTypeCode>
      <unitsBedsRoomsNumber>361</unitsBedsRoomsNumber>
      <unitsBedsRoomsSecuritizationNumber>361</unitsBedsRoomsSecuritizationNumber>
      <valuationSecuritizationAmount>64500000.00</valuationSecuritizationAmount>
      <valuationSecuritizationDate>04-01-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.8</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.8</mostRecentPhysicalOccupancyPercentage>
      <defeasanceOptionStartDate>08-01-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <financialsSecuritizationDate>03-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>12-31-2023</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>12-31-2024</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>15005210.92</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>15399411.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>8427360.59</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>9097800.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>6577850.33</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>6301611.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>5977641.89</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>5685634.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <mostRecentDebtServiceAmount>2869052.00</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>2.29</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>2.1964</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>2.08</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.9817</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>38500000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>243672.92</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0735</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002003</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>243672.92</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>38500000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>38500000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-01-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Midland Loan Services</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>7-001</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>HGI MADISON</propertyName>
      <propertyAddress>145 GRAPHICS DRIVE</propertyAddress>
      <propertyCity>Madison</propertyCity>
      <propertyState>AL</propertyState>
      <propertyZip>35758</propertyZip>
      <propertyCounty>Madison</propertyCounty>
      <propertyTypeCode>LO</propertyTypeCode>
      <unitsBedsRoomsNumber>102</unitsBedsRoomsNumber>
      <unitsBedsRoomsSecuritizationNumber>102</unitsBedsRoomsSecuritizationNumber>
      <yearBuiltNumber>2021</yearBuiltNumber>
      <valuationSecuritizationAmount>19000000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>04-01-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.79</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.78</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <financialsSecuritizationDate>03-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>12-31-2023</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>12-31-2024</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>4325876.96</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>4539472.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>2552626.97</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>2755653.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>1773249.99</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>1783819.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>1600214.91</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>1602240.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>890226.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>2.0037</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.7998</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>03-31-2023</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>7-002</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>HOME2 MADISON</propertyName>
      <propertyAddress>135 GRAPHICS DRIVE</propertyAddress>
      <propertyCity>Madison</propertyCity>
      <propertyState>AL</propertyState>
      <propertyZip>35758</propertyZip>
      <propertyCounty>Madison</propertyCounty>
      <propertyTypeCode>LO</propertyTypeCode>
      <unitsBedsRoomsNumber>97</unitsBedsRoomsNumber>
      <unitsBedsRoomsSecuritizationNumber>97</unitsBedsRoomsSecuritizationNumber>
      <yearBuiltNumber>2019</yearBuiltNumber>
      <valuationSecuritizationAmount>17500000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>04-01-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.82</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.78</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <financialsSecuritizationDate>03-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>12-31-2023</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>12-31-2024</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>3876351.98</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>3793332.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>2034431.39</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>2217221.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>1841920.59</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>1576111.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>1686866.51</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>1424378.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>766745.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>2.0555</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.8576</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>03-31-2023</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>7-003</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>HOME2 OPELIKA</propertyName>
      <propertyAddress>3150 CAPPS WAY</propertyAddress>
      <propertyCity>Opelika</propertyCity>
      <propertyState>AL</propertyState>
      <propertyZip>36801</propertyZip>
      <propertyCounty>Lee</propertyCounty>
      <propertyTypeCode>LO</propertyTypeCode>
      <unitsBedsRoomsNumber>81</unitsBedsRoomsNumber>
      <unitsBedsRoomsSecuritizationNumber>81</unitsBedsRoomsSecuritizationNumber>
      <yearBuiltNumber>2017</yearBuiltNumber>
      <valuationSecuritizationAmount>14000000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>04-01-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.78</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.82</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <financialsSecuritizationDate>03-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>12-31-2023</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>12-31-2024</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>3410391.00</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>3588863.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>1857045.44</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>2094304.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>1553345.56</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>1494559.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>1416929.92</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>1351004.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>607717.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>2.4593</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>2.223</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>03-31-2023</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>7-004</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>HOME2 DECATUR</propertyName>
      <propertyAddress>807 ISLAND WAY NORTHWEST</propertyAddress>
      <propertyCity>Decatur</propertyCity>
      <propertyState>AL</propertyState>
      <propertyZip>35601</propertyZip>
      <propertyCounty>Morgan</propertyCounty>
      <propertyTypeCode>LO</propertyTypeCode>
      <unitsBedsRoomsNumber>81</unitsBedsRoomsNumber>
      <unitsBedsRoomsSecuritizationNumber>81</unitsBedsRoomsSecuritizationNumber>
      <yearBuiltNumber>2017</yearBuiltNumber>
      <valuationSecuritizationAmount>14000000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>04-01-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.82</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.82</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <financialsSecuritizationDate>03-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>12-31-2023</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>12-31-2024</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>3392590.98</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>3477744.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>1983256.79</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>2030622.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>1409334.19</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>1447122.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>1273630.55</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>1308012.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>604364.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>2.3944</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>2.1642</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>03-31-2023</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>8</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>JPMCB</originatorName>
    <originationDate>05-05-2023</originationDate>
    <originalLoanAmount>20000000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>05-05-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0755</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0755</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>06-05-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>233420.83</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>20000000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>02-04-2028</prepaymentLockOutEndDate>
    <property>
      <propertyName>QUEENS CROSSING</propertyName>
      <propertyAddress>38-25 MAIN STREET</propertyAddress>
      <propertyCity>Flushing</propertyCity>
      <propertyState>NY</propertyState>
      <propertyZip>11354</propertyZip>
      <propertyCounty>Queens</propertyCounty>
      <propertyTypeCode>MU</propertyTypeCode>
      <netRentableSquareFeetNumber>95123</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>95123</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>2007</yearBuiltNumber>
      <valuationSecuritizationAmount>100000000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>04-11-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.99</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>08-05-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <largestTenant>NEW MULAN LLC</largestTenant>
      <squareFeetLargestTenantNumber>19650</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>02-28-2027</leaseExpirationLargestTenantDate>
      <secondLargestTenant>New York Life Insurance Company</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>16630</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>03-31-2030</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>Spring Shabu Shabu</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>15708</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>10-31-2027</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>12-31-2022</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>9555376.32</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>7230039.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>3630352.82</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>3232963.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>5925023.49</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>3997076.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>5807829.15</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>3909179.75</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>3278194.00</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>1.36</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.2192</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.33</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.1924</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>20000000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>130027.78</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0755</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002003</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>130027.78</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>20000000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>20000000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-05-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Midland Loan Services</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>8A</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>JPMCB</originatorName>
    <originationDate>05-05-2023</originationDate>
    <originalLoanAmount>17100000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>05-05-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0755</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0755</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>06-05-2023</firstLoanPaymentDueDate>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <scheduledPrincipalBalanceSecuritizationAmount>17100000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <property>
      <propertyName>NA</propertyName>
      <propertyState>NA</propertyState>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>17100000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>111173.75</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0755</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002003</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>111173.75</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>17100000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>17100000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-05-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Midland Loan Services</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>9</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>MSBNA</originatorName>
    <originationDate>06-07-2023</originationDate>
    <originalLoanAmount>35000000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>07-01-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0736</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0736</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>08-01-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>0.00</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>35000000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>5</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>12-31-2027</prepaymentLockOutEndDate>
    <property>
      <propertyName>503-511 BROADWAY</propertyName>
      <propertyAddress>503-511 BROADWAY</propertyAddress>
      <propertyCity>New York</propertyCity>
      <propertyState>NY</propertyState>
      <propertyZip>10012</propertyZip>
      <propertyCounty>New York</propertyCounty>
      <propertyTypeCode>MU</propertyTypeCode>
      <netRentableSquareFeetNumber>121164</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>121164</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1900</yearBuiltNumber>
      <yearLastRenovated>2020</yearLastRenovated>
      <valuationSecuritizationAmount>150000000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-24-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.79</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>08-01-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <largestTenant>JRSK  Inc. d/b/a Away</largestTenant>
      <squareFeetLargestTenantNumber>56494</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>11-30-2029</leaseExpirationLargestTenantDate>
      <secondLargestTenant>Bath &amp; Body Works</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>50000</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>02-28-2026</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>Pacific Sunwear Stores  LLC</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>10000</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>02-29-2028</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>12-31-2022</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>9653804.00</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>8912852.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>3541726.00</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>2647088.70</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>6112078.00</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>6265763.30</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>6033158.00</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>6206572.55</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>3249031.10</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>1.41</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.9285</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.39</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.9102</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>35000000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>221822.22</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0736</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>221822.22</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>35000000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>35000000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-01-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>9A</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>MSBNA</originatorName>
    <originationDate>06-07-2023</originationDate>
    <originalLoanAmount>1000000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>07-01-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0736</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0736</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>08-01-2023</firstLoanPaymentDueDate>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <scheduledPrincipalBalanceSecuritizationAmount>1000000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <graceDaysAllowedNumber>5</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <property>
      <propertyName>NA</propertyName>
      <propertyState>NA</propertyState>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>1000000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>6337.78</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0736</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>6337.78</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>1000000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>1000000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-01-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>10</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>WFB</originatorName>
    <originationDate>06-09-2023</originationDate>
    <originalLoanAmount>33500000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>06-11-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.07915</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.07915</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>07-11-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>WL</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>220960.42</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>33500000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>12-10-2027</prepaymentLockOutEndDate>
    <property>
      <propertyName>NORFOLK WATERSIDE MARRIOTT</propertyName>
      <propertyAddress>235 EAST MAIN STREET</propertyAddress>
      <propertyCity>Norfolk</propertyCity>
      <propertyState>VA</propertyState>
      <propertyZip>23510</propertyZip>
      <propertyCounty>Norfolk</propertyCounty>
      <propertyTypeCode>LO</propertyTypeCode>
      <unitsBedsRoomsNumber>407</unitsBedsRoomsNumber>
      <unitsBedsRoomsSecuritizationNumber>407</unitsBedsRoomsSecuritizationNumber>
      <yearBuiltNumber>1991</yearBuiltNumber>
      <yearLastRenovated>2019</yearLastRenovated>
      <valuationSecuritizationAmount>65200000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>04-20-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.71</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.68</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>08-11-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <financialsSecuritizationDate>04-30-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>10-01-2024</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>23605801.44</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>22907747.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>18275256.03</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>21840323.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>5330545.41</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>1067424.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>4386313.36</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>151114.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>2688352.00</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>1.98</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>0.397</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.63</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>0.0562</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>33500000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>228325.76</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.07915</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>228325.76</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>33500000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>33500000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>01-11-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>228181.52</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>B</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <mostRecentSpecialServicerTransferDate>01-21-2026</mostRecentSpecialServicerTransferDate>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
    <repurchaseAmount>0.00</repurchaseAmount>
    <workoutStrategyCode>13</workoutStrategyCode>
    <postModificationAmortizationPeriodAmount>0</postModificationAmortizationPeriodAmount>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>11</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>WFB</originatorName>
    <originationDate>06-06-2023</originationDate>
    <originalLoanAmount>33000000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>06-11-2028</maturityDate>
    <originalAmortizationTermNumber>360</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.07306</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.07306</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>0</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>07-11-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>WL</loanStructureCode>
    <paymentTypeCode>2</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>226372.98</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>32974542.02</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>false</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>03-10-2028</prepaymentLockOutEndDate>
    <property>
      <propertyName>THE READ HOUSE</propertyName>
      <propertyAddress>107 WEST MARTIN LUTHER KING BOULEVARD</propertyAddress>
      <propertyCity>Chattanooga</propertyCity>
      <propertyState>TN</propertyState>
      <propertyZip>37402</propertyZip>
      <propertyCounty>Hamilton</propertyCounty>
      <propertyTypeCode>LO</propertyTypeCode>
      <unitsBedsRoomsNumber>242</unitsBedsRoomsNumber>
      <unitsBedsRoomsSecuritizationNumber>242</unitsBedsRoomsSecuritizationNumber>
      <yearBuiltNumber>1926</yearBuiltNumber>
      <yearLastRenovated>2019</yearLastRenovated>
      <valuationSecuritizationAmount>66500000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>05-10-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.65</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.67</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>08-11-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <financialsSecuritizationDate>03-31-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>12-31-2024</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>12-31-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>18394427.00</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>19610415.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>12966415.95</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>14416047.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>5428011.05</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>5194368.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>4692233.97</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>4409951.40</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>2716475.76</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>2.00</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.9121</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.73</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.6234</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>32243361.26</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>226372.98</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.07306</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>202851.94</scheduledInterestAmount>
    <scheduledPrincipalAmount>23521.04</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>32219840.22</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>32219840.22</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-11-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>12</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>MSBNA</originatorName>
    <originationDate>05-03-2023</originationDate>
    <originalLoanAmount>28600000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>06-01-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0674</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0674</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>07-01-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>WL</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>160636.67</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>28600000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>6</NumberPropertiesSecuritization>
    <NumberProperties>6</NumberProperties>
    <graceDaysAllowedNumber>5</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>02-29-2028</prepaymentLockOutEndDate>
    <property>
      <propertyName>Tenet Equity Industrial Portfolio</propertyName>
      <propertyTypeCode>IN</propertyTypeCode>
      <netRentableSquareFeetSecuritizationNumber>616415</netRentableSquareFeetSecuritizationNumber>
      <valuationSecuritizationAmount>46970000.00</valuationSecuritizationAmount>
      <valuationSecuritizationDate>03-03-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <defeasanceOptionStartDate>08-01-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>3456083.38</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>3284343.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>103682.50</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>98530.29</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>3352400.87</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>3185812.71</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>3149235.20</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>3033438.21</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <mostRecentDebtServiceAmount>1461793.67</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>1.72</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>2.1793</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.61</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>2.0751</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>28600000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>165991.22</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0674</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>165991.22</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>28600000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>28600000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-01-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>12-001</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>2301 DENSO DRIVE</propertyName>
      <propertyAddress>2301 DENSO DRIVE</propertyAddress>
      <propertyCity>Athens</propertyCity>
      <propertyState>TN</propertyState>
      <propertyZip>37303</propertyZip>
      <propertyCounty>McMinn</propertyCounty>
      <propertyTypeCode>IN</propertyTypeCode>
      <netRentableSquareFeetNumber>153100</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>153100</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1999</yearBuiltNumber>
      <yearLastRenovated>2008</yearLastRenovated>
      <valuationSecuritizationAmount>11917762.16</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-03-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>Creative Foam</largestTenant>
      <squareFeetLargestTenantNumber>153100</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>05-01-2042</leaseExpirationLargestTenantDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <mostRecentRevenueAmount>3284343.00</mostRecentRevenueAmount>
      <operatingExpensesAmount>98530.29</operatingExpensesAmount>
      <mostRecentNetOperatingIncomeAmount>3185812.71</mostRecentNetOperatingIncomeAmount>
      <mostRecentNetCashFlowAmount>3033438.21</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>1461793.67</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>2.1793</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>2.0751</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>12-002</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>300-310 N ALLOY DRIVE</propertyName>
      <propertyAddress>300-310 NORTH ALLOY DRIVE</propertyAddress>
      <propertyCity>Fenton</propertyCity>
      <propertyState>MI</propertyState>
      <propertyZip>48430</propertyZip>
      <propertyCounty>Genesee</propertyCounty>
      <propertyTypeCode>IN</propertyTypeCode>
      <netRentableSquareFeetNumber>124617</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>124617</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1993</yearBuiltNumber>
      <yearLastRenovated>1996</yearLastRenovated>
      <valuationSecuritizationAmount>10415521.95</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-03-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>Creative Foam</largestTenant>
      <squareFeetLargestTenantNumber>124617</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>05-01-2042</leaseExpirationLargestTenantDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <mostRecentRevenueAmount>0.00</mostRecentRevenueAmount>
      <operatingExpensesAmount>0.00</operatingExpensesAmount>
      <mostRecentNetOperatingIncomeAmount>0.00</mostRecentNetOperatingIncomeAmount>
      <mostRecentNetCashFlowAmount>0.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>0.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>0.00</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageCode>C</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>12-003</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>55210 RUDY ROAD</propertyName>
      <propertyAddress>55210 RUDY ROAD</propertyAddress>
      <propertyCity>Dowagiac</propertyCity>
      <propertyState>MI</propertyState>
      <propertyZip>49047</propertyZip>
      <propertyCounty>Cass</propertyCounty>
      <propertyTypeCode>IN</propertyTypeCode>
      <netRentableSquareFeetNumber>149805</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>149805</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1979</yearBuiltNumber>
      <valuationSecuritizationAmount>9414029.58</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-03-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>Creative Foam</largestTenant>
      <squareFeetLargestTenantNumber>149805</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>05-01-2042</leaseExpirationLargestTenantDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <mostRecentRevenueAmount>0.00</mostRecentRevenueAmount>
      <operatingExpensesAmount>0.00</operatingExpensesAmount>
      <mostRecentNetOperatingIncomeAmount>0.00</mostRecentNetOperatingIncomeAmount>
      <mostRecentNetCashFlowAmount>0.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>0.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>0.00</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageCode>C</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>12-004</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>555 S FENWAY DRIVE</propertyName>
      <propertyAddress>555 SOUTH FENWAY DRIVE</propertyAddress>
      <propertyCity>Fenton</propertyCity>
      <propertyState>MI</propertyState>
      <propertyZip>48430</propertyZip>
      <propertyCounty>Genesee</propertyCounty>
      <propertyTypeCode>IN</propertyTypeCode>
      <netRentableSquareFeetNumber>31267</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>31267</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1996</yearBuiltNumber>
      <valuationSecuritizationAmount>9414029.58</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-03-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>Creative Foam Corporation</largestTenant>
      <squareFeetLargestTenantNumber>31267</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>05-01-2042</leaseExpirationLargestTenantDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <mostRecentRevenueAmount>0.00</mostRecentRevenueAmount>
      <operatingExpensesAmount>0.00</operatingExpensesAmount>
      <mostRecentNetOperatingIncomeAmount>0.00</mostRecentNetOperatingIncomeAmount>
      <mostRecentNetCashFlowAmount>0.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>0.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>0.00</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageCode>C</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>12-005</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>405 N INDUSTRIAL DRIVE</propertyName>
      <propertyAddress>405 NORTH INDUSTRIAL DRIVE</propertyAddress>
      <propertyCity>Bremen</propertyCity>
      <propertyState>IN</propertyState>
      <propertyZip>46506</propertyZip>
      <propertyCounty>Marshall</propertyCounty>
      <propertyTypeCode>IN</propertyTypeCode>
      <netRentableSquareFeetNumber>44813</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>44813</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1998</yearBuiltNumber>
      <yearLastRenovated>2021</yearLastRenovated>
      <valuationSecuritizationAmount>3004477.11</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-03-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>Creative Foam</largestTenant>
      <squareFeetLargestTenantNumber>44813</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>05-01-2042</leaseExpirationLargestTenantDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <mostRecentRevenueAmount>0.00</mostRecentRevenueAmount>
      <operatingExpensesAmount>0.00</operatingExpensesAmount>
      <mostRecentNetOperatingIncomeAmount>0.00</mostRecentNetOperatingIncomeAmount>
      <mostRecentNetCashFlowAmount>0.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>0.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>0.00</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageCode>C</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>12-006</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <property>
      <propertyName>1139 S FENWAY CIRCLE</propertyName>
      <propertyAddress>1139 SOUTH FENWAY CIRCLE</propertyAddress>
      <propertyCity>Fenton</propertyCity>
      <propertyState>MI</propertyState>
      <propertyZip>48430</propertyZip>
      <propertyCounty>Genesee</propertyCounty>
      <propertyTypeCode>IN</propertyTypeCode>
      <netRentableSquareFeetNumber>112813</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>112813</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1986</yearBuiltNumber>
      <valuationSecuritizationAmount>2804179.62</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-03-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <largestTenant>Creative Foam Corporation</largestTenant>
      <squareFeetLargestTenantNumber>112813</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>05-01-2042</leaseExpirationLargestTenantDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <mostRecentRevenueAmount>0.00</mostRecentRevenueAmount>
      <operatingExpensesAmount>0.00</operatingExpensesAmount>
      <mostRecentNetOperatingIncomeAmount>0.00</mostRecentNetOperatingIncomeAmount>
      <mostRecentNetCashFlowAmount>0.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>0.00</mostRecentDebtServiceAmount>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>0.00</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <mostRecentDebtServiceCoverageCode>C</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>13</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>BANA/JPMCB</originatorName>
    <originationDate>06-01-2023</originationDate>
    <originalLoanAmount>12500000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>06-06-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.077875</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.077875</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>07-06-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>162239.58</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>12500000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>true</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>07-05-2025</prepaymentLockOutEndDate>
    <yieldMaintenanceEndDate>12-05-2027</yieldMaintenanceEndDate>
    <prepaymentPremiumsEndDate>12-05-2027</prepaymentPremiumsEndDate>
    <property>
      <propertyName>ONE &amp; TWO COMMERCE SQUARE</propertyName>
      <propertyAddress>2001 AND 2005 MARKET STREET</propertyAddress>
      <propertyCity>Philadelphia</propertyCity>
      <propertyState>PA</propertyState>
      <propertyZip>19103</propertyZip>
      <propertyCounty>Philadelphia</propertyCounty>
      <propertyTypeCode>OF</propertyTypeCode>
      <netRentableSquareFeetNumber>1896143</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>1896143</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1987</yearBuiltNumber>
      <yearLastRenovated>2013</yearLastRenovated>
      <valuationSecuritizationAmount>428000000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-30-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.76</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.83</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <DefeasedStatusCode>X</DefeasedStatusCode>
      <largestTenant>PwC US Group LLP</largestTenant>
      <squareFeetLargestTenantNumber>138413</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>04-30-2030</leaseExpirationLargestTenantDate>
      <secondLargestTenant>FOX ROTHSCHILD LLP</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>78225</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>10-31-2040</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>Stradeley Ronon Stevens &amp; Young</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>69111</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>12-31-2033</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>04-30-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>55090239.13</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>38690532.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>25392147.20</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>21782906.75</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>29698091.93</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>16907625.25</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>26379841.68</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>14418937.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>12992146.00</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>1.71</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.3013</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.52</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.1098</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>12500000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>83823.78</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.077875</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>83823.78</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>12500000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>12500000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-06-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>13A</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>BANA/JPMCB</originatorName>
    <originationDate>06-01-2023</originationDate>
    <originalLoanAmount>12500000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>06-06-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.077875</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.077875</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>07-06-2023</firstLoanPaymentDueDate>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <scheduledPrincipalBalanceSecuritizationAmount>12500000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <property>
      <propertyName>NA</propertyName>
      <propertyState>NA</propertyState>
      <DefeasedStatusCode>X</DefeasedStatusCode>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>12500000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>83823.78</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.077875</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>83823.78</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>12500000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>12500000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-06-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>14</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>MSBNA</originatorName>
    <originationDate>04-13-2023</originationDate>
    <originalLoanAmount>22000000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>05-06-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0763</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0763</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>06-06-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>139883.33</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>22000000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>true</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <yieldMaintenanceEndDate>11-05-2027</yieldMaintenanceEndDate>
    <prepaymentPremiumsEndDate>11-05-2027</prepaymentPremiumsEndDate>
    <property>
      <propertyName>HERITAGE PLAZA</propertyName>
      <propertyAddress>1111 &amp; 1200 BAGBY STREET</propertyAddress>
      <propertyCity>Houston</propertyCity>
      <propertyState>TX</propertyState>
      <propertyZip>77002</propertyZip>
      <propertyCounty>Harris</propertyCounty>
      <propertyTypeCode>OF</propertyTypeCode>
      <netRentableSquareFeetNumber>1158165</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>1158165</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1986</yearBuiltNumber>
      <yearLastRenovated>2021</yearLastRenovated>
      <valuationSecuritizationAmount>521800000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>02-01-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.7</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.75</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>08-06-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <largestTenant>EOG Resources Inc.</largestTenant>
      <squareFeetLargestTenantNumber>408633</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>03-31-2035</leaseExpirationLargestTenantDate>
      <secondLargestTenant>Deloitte &amp; Touche USA  LLP</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>200103</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>02-28-2031</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>Perella Weinberg Partners Group LP</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>62349</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>08-31-2027</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>12-31-2022</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>43938879.48</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>33831092.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>22147466.95</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>14935063.93</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>21791412.53</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>18896028.07</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>20555523.44</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>17969111.32</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>9988517.81</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>1.64</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.8917</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.54</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.7989</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>22000000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>144546.11</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0763</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>144546.11</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>22000000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>22000000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-06-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>15</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>BANA</originatorName>
    <originationDate>05-01-2023</originationDate>
    <originalLoanAmount>17250000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>05-01-2028</maturityDate>
    <originalAmortizationTermNumber>360</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0818</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0818</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>0</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>06-01-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>2</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>128745.59</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>17231554.06</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>false</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>true</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>07-31-2025</prepaymentLockOutEndDate>
    <yieldMaintenanceEndDate>10-31-2027</yieldMaintenanceEndDate>
    <prepaymentPremiumsEndDate>10-31-2027</prepaymentPremiumsEndDate>
    <property>
      <propertyName>6330 WEST LOOP SOUTH</propertyName>
      <propertyAddress>6330 WEST LOOP SOUTH</propertyAddress>
      <propertyCity>Bellaire</propertyCity>
      <propertyState>TX</propertyState>
      <propertyZip>77401</propertyZip>
      <propertyCounty>Harris</propertyCounty>
      <propertyTypeCode>OF</propertyTypeCode>
      <netRentableSquareFeetNumber>278489</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>278489</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1975</yearBuiltNumber>
      <yearLastRenovated>2008</yearLastRenovated>
      <valuationSecuritizationAmount>79600000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-29-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.92</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.88</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <DefeasedStatusCode>X</DefeasedStatusCode>
      <largestTenant>TEXAS CHILDRENS HOSP PED</largestTenant>
      <squareFeetLargestTenantNumber>158586</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>10-31-2033</leaseExpirationLargestTenantDate>
      <secondLargestTenant>Quiddity Engineering  LLC</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>53371</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>10-31-2031</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>Texas Children's Pediatrics</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>20027</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>10-31-2033</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>02-28-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>12-31-2024</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>12-31-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>9178222.34</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>8827779.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>3505797.56</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>3334822.22</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>5672424.78</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>5492956.78</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>5352163.78</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>5172695.78</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>4442282.52</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>1.28</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.2365</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.20</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.1644</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>12-31-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>16922005.80</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>128745.59</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0818</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>119196.73</scheduledInterestAmount>
    <scheduledPrincipalAmount>9548.86</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>16912456.94</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>16912456.94</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-01-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>16</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>MSBNA</originatorName>
    <originationDate>04-28-2023</originationDate>
    <originalLoanAmount>16500000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>05-01-2028</maturityDate>
    <originalAmortizationTermNumber>360</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0664</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0664</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>36</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>06-01-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>WL</loanStructureCode>
    <paymentTypeCode>5</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>91300.00</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>16500000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>5</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>01-31-2028</prepaymentLockOutEndDate>
    <property>
      <propertyName>110 &amp; 140 W SANDY LAKE RD</propertyName>
      <propertyAddress>110 &amp; 140 WEST SANDY LAKE ROAD</propertyAddress>
      <propertyCity>Coppell</propertyCity>
      <propertyState>TX</propertyState>
      <propertyZip>75019</propertyZip>
      <propertyCounty>Dallas</propertyCounty>
      <propertyTypeCode>RT</propertyTypeCode>
      <netRentableSquareFeetNumber>95601</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>95601</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1987</yearBuiltNumber>
      <yearLastRenovated>2018</yearLastRenovated>
      <valuationSecuritizationAmount>27100000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-21-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.97</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.97</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>08-01-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <largestTenant>Diversified SWD LLC dba Urban Air Ac</largestTenant>
      <squareFeetLargestTenantNumber>28342</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>07-31-2029</leaseExpirationLargestTenantDate>
      <secondLargestTenant>Sprouts Farmers Market</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>28195</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>05-31-2029</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>BB Fit  LP dba Mattison Av</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>9964</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>08-31-2029</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>12-31-2022</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>2635167.00</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>2267913.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>772577.00</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>783482.69</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>1862590.00</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>1484430.31</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>1713294.26</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>1372458.31</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>833873.31</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>1.47</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.7801</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.35</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.6458</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>16500000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>94343.33</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0664</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>94343.33</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>16500000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>16500000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-01-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>17</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>MSBNA</originatorName>
    <originationDate>02-10-2023</originationDate>
    <originalLoanAmount>10000000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>03-09-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.05585</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.05585</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>04-09-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>PP</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>46541.67</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>10000000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>0</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>true</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>04-08-2025</prepaymentLockOutEndDate>
    <yieldMaintenanceEndDate>09-08-2027</yieldMaintenanceEndDate>
    <prepaymentPremiumsEndDate>09-08-2027</prepaymentPremiumsEndDate>
    <property>
      <propertyName>1201 THIRD AVENUE</propertyName>
      <propertyAddress>1201 THIRD AVENUE</propertyAddress>
      <propertyCity>Seattle</propertyCity>
      <propertyState>WA</propertyState>
      <propertyZip>98101</propertyZip>
      <propertyCounty>King</propertyCounty>
      <propertyTypeCode>OF</propertyTypeCode>
      <netRentableSquareFeetNumber>1129710</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>1129710</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1988</yearBuiltNumber>
      <valuationSecuritizationAmount>556500000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>12-01-2022</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>0.81</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>0.48</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>08-09-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <largestTenant>We Work</largestTenant>
      <squareFeetLargestTenantNumber>69081</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>04-30-2030</leaseExpirationLargestTenantDate>
      <secondLargestTenant>Kimley-Horn and Associates  Inc.</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>46466</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>12-31-2034</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>Accolade  Inc.</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>45083</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>03-31-2030</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>12-31-2022</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>51349507.16</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>32260889.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>21283998.40</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>15159550.06</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>30065508.76</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>17101338.94</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>26556863.00</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>14469854.44</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>7226369.42</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>3.12</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>2.3665</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>2.76</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>2.0023</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-01-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>10000000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>48093.06</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.05585</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>48093.06</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>10000000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>10000000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-09-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>18</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>MSBNA</originatorName>
    <originationDate>05-18-2023</originationDate>
    <originalLoanAmount>9200000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>06-01-2028</maturityDate>
    <originalAmortizationTermNumber>360</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0593</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0593</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>0</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>07-01-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>WL</loanStructureCode>
    <paymentTypeCode>2</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>54745.29</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>9190718.04</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>5</graceDaysAllowedNumber>
    <interestOnlyIndicator>false</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>01-31-2028</prepaymentLockOutEndDate>
    <property>
      <propertyName>218 WEST 234TH STREET</propertyName>
      <propertyAddress>218 WEST 234TH STREET</propertyAddress>
      <propertyCity>Bronx</propertyCity>
      <propertyState>NY</propertyState>
      <propertyZip>10463</propertyZip>
      <propertyCounty>Bronx</propertyCounty>
      <propertyTypeCode>RT</propertyTypeCode>
      <netRentableSquareFeetNumber>45659</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>45659</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1954</yearBuiltNumber>
      <yearLastRenovated>2013</yearLastRenovated>
      <valuationSecuritizationAmount>22600000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>02-21-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>08-01-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <largestTenant>APOGEE</largestTenant>
      <squareFeetLargestTenantNumber>20561</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>06-30-2028</leaseExpirationLargestTenantDate>
      <secondLargestTenant>Villa</secondLargestTenant>
      <squareFeetSecondLargestTenantNumber>10098</squareFeetSecondLargestTenantNumber>
      <leaseExpirationSecondLargestTenantDate>09-30-2027</leaseExpirationSecondLargestTenantDate>
      <thirdLargestTenant>Dollar Zone</thirdLargestTenant>
      <squareFeetThirdLargestTenantNumber>9539</squareFeetThirdLargestTenantNumber>
      <leaseExpirationThirdLargestTenantDate>01-31-2031</leaseExpirationThirdLargestTenantDate>
      <financialsSecuritizationDate>04-30-2023</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>2228472.95</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>1326257.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>906341.92</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>343761.09</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>1322131.03</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>982495.91</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>1250160.43</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>928518.41</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>492707.61</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>2.01</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.994</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.90</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.8845</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>8914027.55</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>54745.29</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0593</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>45518.49</scheduledInterestAmount>
    <scheduledPrincipalAmount>9226.80</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>8904800.75</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>8904800.75</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-01-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>19</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>MSBNA</originatorName>
    <originationDate>05-19-2023</originationDate>
    <originalLoanAmount>6720000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>06-01-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.07</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.07</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>07-01-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>WL</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>39200.00</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>6720000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>5</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>11-30-2027</prepaymentLockOutEndDate>
    <property>
      <propertyName>TERRE HAUTE INDUSTRIAL</propertyName>
      <propertyAddress>1383 AND 1441 ABERDEEN STREET &amp; 3910 EAST THIRD PARKWAY</propertyAddress>
      <propertyCity>Terre Haute</propertyCity>
      <propertyState>IN</propertyState>
      <propertyZip>47804</propertyZip>
      <propertyCounty>Vigo</propertyCounty>
      <propertyTypeCode>IN</propertyTypeCode>
      <netRentableSquareFeetNumber>385830</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>385830</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1942</yearBuiltNumber>
      <valuationSecuritizationAmount>10100000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-22-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>08-01-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <largestTenant>Distributors Terminal Corporation</largestTenant>
      <squareFeetLargestTenantNumber>385830</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>05-31-2030</leaseExpirationLargestTenantDate>
      <mostRecentFinancialsStartDate>01-01-2025</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>09-30-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>1375314.46</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>862874.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>533119.43</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>180622.97</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>842195.03</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>682251.03</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>725655.30</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>594846.03</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>358027.00</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>1.77</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.9055</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.52</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.6614</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>09-30-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>6720000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>40506.67</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.07</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>40506.67</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>6720000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>6720000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-01-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
  <assets>
    <assetTypeNumber>Prospectus Loan ID</assetTypeNumber>
    <assetNumber>20</assetNumber>
    <reportingPeriodBeginningDate>01-13-2026</reportingPeriodBeginningDate>
    <reportingPeriodEndDate>02-11-2026</reportingPeriodEndDate>
    <originatorName>MSBNA</originatorName>
    <originationDate>04-24-2023</originationDate>
    <originalLoanAmount>6500000.00</originalLoanAmount>
    <originalTermLoanNumber>60</originalTermLoanNumber>
    <maturityDate>05-01-2028</maturityDate>
    <originalAmortizationTermNumber>0</originalAmortizationTermNumber>
    <originalInterestRatePercentage>0.0695</originalInterestRatePercentage>
    <interestRateSecuritizationPercentage>0.0695</interestRateSecuritizationPercentage>
    <interestAccrualMethodCode>3</interestAccrualMethodCode>
    <originalInterestRateTypeCode>1</originalInterestRateTypeCode>
    <originalInterestOnlyTermNumber>60</originalInterestOnlyTermNumber>
    <firstLoanPaymentDueDate>06-01-2023</firstLoanPaymentDueDate>
    <underwritingIndicator>true</underwritingIndicator>
    <lienPositionSecuritizationCode>1</lienPositionSecuritizationCode>
    <loanStructureCode>WL</loanStructureCode>
    <paymentTypeCode>3</paymentTypeCode>
    <periodicPrincipalAndInterestPaymentSecuritizationAmount>37645.83</periodicPrincipalAndInterestPaymentSecuritizationAmount>
    <scheduledPrincipalBalanceSecuritizationAmount>6500000.00</scheduledPrincipalBalanceSecuritizationAmount>
    <paymentFrequencyCode>1</paymentFrequencyCode>
    <NumberPropertiesSecuritization>1</NumberPropertiesSecuritization>
    <NumberProperties>1</NumberProperties>
    <graceDaysAllowedNumber>5</graceDaysAllowedNumber>
    <interestOnlyIndicator>true</interestOnlyIndicator>
    <balloonIndicator>true</balloonIndicator>
    <prepaymentPremiumIndicator>false</prepaymentPremiumIndicator>
    <negativeAmortizationIndicator>false</negativeAmortizationIndicator>
    <modifiedIndicator>false</modifiedIndicator>
    <prepaymentLockOutEndDate>10-31-2027</prepaymentLockOutEndDate>
    <property>
      <propertyName>UCC ENVIRONMENTAL HQ</propertyName>
      <propertyAddress>2100 NORMAN DRIVE</propertyAddress>
      <propertyCity>Waukegan</propertyCity>
      <propertyState>IL</propertyState>
      <propertyZip>60085</propertyZip>
      <propertyCounty>Lake</propertyCounty>
      <propertyTypeCode>MU</propertyTypeCode>
      <netRentableSquareFeetNumber>116500</netRentableSquareFeetNumber>
      <netRentableSquareFeetSecuritizationNumber>116500</netRentableSquareFeetSecuritizationNumber>
      <yearBuiltNumber>1989</yearBuiltNumber>
      <yearLastRenovated>2017</yearLastRenovated>
      <valuationSecuritizationAmount>10700000.00</valuationSecuritizationAmount>
      <valuationSourceSecuritizationCode>MAI</valuationSourceSecuritizationCode>
      <valuationSecuritizationDate>03-22-2023</valuationSecuritizationDate>
      <physicalOccupancySecuritizationPercentage>1</physicalOccupancySecuritizationPercentage>
      <mostRecentPhysicalOccupancyPercentage>1</mostRecentPhysicalOccupancyPercentage>
      <propertyStatusCode>6</propertyStatusCode>
      <defeasanceOptionStartDate>08-01-2025</defeasanceOptionStartDate>
      <DefeasedStatusCode>N</DefeasedStatusCode>
      <largestTenant>UCC Holdco  LLC</largestTenant>
      <squareFeetLargestTenantNumber>116500</squareFeetLargestTenantNumber>
      <leaseExpirationLargestTenantDate>04-30-2032</leaseExpirationLargestTenantDate>
      <financialsSecuritizationDate>12-31-2022</financialsSecuritizationDate>
      <mostRecentFinancialsStartDate>12-31-2024</mostRecentFinancialsStartDate>
      <mostRecentFinancialsEndDate>12-31-2025</mostRecentFinancialsEndDate>
      <revenueSecuritizationAmount>830588.47</revenueSecuritizationAmount>
      <mostRecentRevenueAmount>897085.00</mostRecentRevenueAmount>
      <operatingExpensesSecuritizationAmount>24917.65</operatingExpensesSecuritizationAmount>
      <operatingExpensesAmount>0.00</operatingExpensesAmount>
      <netOperatingIncomeSecuritizationAmount>805670.82</netOperatingIncomeSecuritizationAmount>
      <mostRecentNetOperatingIncomeAmount>897085.00</mostRecentNetOperatingIncomeAmount>
      <netCashFlowFlowSecuritizationAmount>738440.48</netCashFlowFlowSecuritizationAmount>
      <mostRecentNetCashFlowAmount>829854.00</mostRecentNetCashFlowAmount>
      <netOperatingIncomeNetCashFlowSecuritizationCode>UW</netOperatingIncomeNetCashFlowSecuritizationCode>
      <netOperatingIncomeNetCashFlowCode>CREFC</netOperatingIncomeNetCashFlowCode>
      <mostRecentDebtServiceAmount>458024.26</mostRecentDebtServiceAmount>
      <debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>1.76</debtServiceCoverageNetOperatingIncomeSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetOperatingIncomePercentage>1.9585</mostRecentDebtServiceCoverageNetOperatingIncomePercentage>
      <debtServiceCoverageNetCashFlowSecuritizationPercentage>1.61</debtServiceCoverageNetCashFlowSecuritizationPercentage>
      <mostRecentDebtServiceCoverageNetCashFlowpercentage>1.8118</mostRecentDebtServiceCoverageNetCashFlowpercentage>
      <debtServiceCoverageSecuritizationCode>F</debtServiceCoverageSecuritizationCode>
      <mostRecentDebtServiceCoverageCode>F</mostRecentDebtServiceCoverageCode>
      <mostRecentAnnualLeaseRolloverReviewDate>12-31-2025</mostRecentAnnualLeaseRolloverReviewDate>
    </property>
    <assetAddedIndicator>false</assetAddedIndicator>
    <reportPeriodModificationIndicator>false</reportPeriodModificationIndicator>
    <reportPeriodBeginningScheduleLoanBalanceAmount>6500000.00</reportPeriodBeginningScheduleLoanBalanceAmount>
    <totalScheduledPrincipalInterestDueAmount>38900.69</totalScheduledPrincipalInterestDueAmount>
    <reportPeriodInterestRatePercentage>0.0695</reportPeriodInterestRatePercentage>
    <servicerTrusteeFeeRatePercentage>0.0002128</servicerTrusteeFeeRatePercentage>
    <scheduledInterestAmount>38900.69</scheduledInterestAmount>
    <scheduledPrincipalAmount>0.00</scheduledPrincipalAmount>
    <unscheduledPrincipalCollectedAmount>0.00</unscheduledPrincipalCollectedAmount>
    <reportPeriodEndActualBalanceAmount>6500000.00</reportPeriodEndActualBalanceAmount>
    <reportPeriodEndScheduledLoanBalanceAmount>6500000.00</reportPeriodEndScheduledLoanBalanceAmount>
    <paidThroughDate>02-01-2026</paidThroughDate>
    <servicingAdvanceMethodCode>1</servicingAdvanceMethodCode>
    <nonRecoverabilityIndicator>false</nonRecoverabilityIndicator>
    <totalPrincipalInterestAdvancedOutstandingAmount>0</totalPrincipalInterestAdvancedOutstandingAmount>
    <totalTaxesInsuranceAdvancesOutstandingAmount>0</totalTaxesInsuranceAdvancesOutstandingAmount>
    <otherExpensesAdvancedOutstandingAmount>0</otherExpensesAdvancedOutstandingAmount>
    <paymentStatusLoanCode>0</paymentStatusLoanCode>
    <nextInterestRatePercentage>0</nextInterestRatePercentage>
    <primaryServicerName>Trimont LLC</primaryServicerName>
    <assetSubjectDemandIndicator>false</assetSubjectDemandIndicator>
  </assets>
</assetData>
