<?xml version="1.0" encoding="UTF-8"?>
<comments>
  <commentData>
    <itemNumber>Item 2(c)(1)</itemNumber>
    <fieldName>  Originator Name</fieldName>
    <comment>Originator Name(s) for co-originated loans include only the originator(s) of the note(s) contributed to the BMO 2026-5C16 Mortgage Trust transaction.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(c)(4)</itemNumber>
    <fieldName>  Original Loan Term Number</fieldName>
    <comment>For anticipated repayment date mortgage loans (if any): the original loan term number represents the term of the mortgage loan through the anticipated repayment date, rather than the actual Maturity Date. There are no anticipated repayment date mortgage loans included in the trust.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(c)(7)</itemNumber>
    <fieldName>  Original Interest Rate Percentage</fieldName>
    <comment>The Original Interest Rate Percentage for the mortgage loan identified as Mountain Industrial Portfolio (Asset Number 12) has been truncated to eight decimal places due to EDGAR constraints. The value to full precision is 0.05096767533.  </comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(c)(8)</itemNumber>
    <fieldName>  Interest Rate Securitization Percentage</fieldName>
    <comment>The Interest Rate Securitization Percentage for the mortgage loan identified as Mountain Industrial Portfolio (Asset Number 12) has been truncated to eight decimal places due to EDGAR constraints. The value to full precision is 0.05096767533.  </comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(c)(15)</itemNumber>
    <fieldName>Loan Structure Code</fieldName>
    <comment>For the mortgage loans identified as Cannon Industrial Portfolio (Asset Number 1), Queens Atrium (Asset Number 2), Deptford Mall (Asset Number 3), Shore Front Parkway Apartments (Asset Number 5), FreshDirect HQ (Asset Number 8), Project Embassy (Asset Number 9), Holiday Inn Hotel Chelsea (Asset Number 10), Crossgates Mall (Asset Number 11), Mountain Industrial Portfolio (Asset Number 12), The Landing (Asset Number 16), Northwoods Mall (Asset Number 17), Fairfield Times Square (Asset Number 19), Sunset View (Asset Number 20), 400 Arcola Road (Asset Number 22), and HP Plaza (Asset Number 23), each such mortgage loan is evidenced by one or more senior pari passu notes that are part of a whole loan that consists of the subject mortgage loan and one or more senior pari-passu notes and, if applicable, one or more subordinate notes. The other senior pari-passu notes and the subordinate notes are not included in the trust.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(d)(1)</itemNumber>
    <fieldName>    Property Name</fieldName>
    <comment>For mortgage loans that are part of a whole loan, the related mortgaged property secures the entire whole loan, including one or more companion loans not included in the trust.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(d)(2)</itemNumber>
    <fieldName>    Property Address</fieldName>
    <comment>For the mortgaged property identified as Shore Front Parkway Apartments (Asset Number 5) the property address of the mortgaged property is 106-20 Shore Front Parkway, 107-10 Shore Front Parkway and 1 Beach 105th Street.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(d)(8)</itemNumber>
    <fieldName> Net Rentable Square Feet Number</fieldName>
    <comment>For property types where the standard unit of measure is not square feet, this field is left blank.  For mortgage loans that are part of a whole loan, net rentable square feet is presented for the entire mortgaged property that secures the whole loan, including one or more companion loans not included in the trust.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(d)(9)</itemNumber>
    <fieldName>Net Rentable Square Feet Securitization Number</fieldName>
    <comment>For property types where the standard unit of measure is not square feet, this field is left blank.  For mortgage loans that are part of a whole loan, the net rentable square feet securitization number is presented for the entire mortgaged property that secures the whole loan, including one or more companion loans not included in the trust.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(d)(10)</itemNumber>
    <fieldName>  Units Beds Rooms Number</fieldName>
    <comment>For mortgage loans that are part of a whole loan, the units beds rooms number relates to the entire mortgaged property that secures the whole loan, including one or more companion loans not included in the trust.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(d)(11)</itemNumber>
    <fieldName> Units Beds Rooms Securitization Number</fieldName>
    <comment>For mortgage loans that are part of a whole loan, the units beds rooms securitization number relates to the entire mortgaged property that secures the whole loan, including one or more companion loans not included in the trust.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(d)(14)</itemNumber>
    <fieldName>   Valuation Securitization Amount</fieldName>
    <comment>For mortgage loans that are part of a whole loan, the valuation securitization amount relates to the entire mortgaged property that secures the whole loan, including one or more companion loans not included in the trust.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(d)(27)(iii)</itemNumber>
    <fieldName>Lease Expiration Third Largest Tenant Date</fieldName>
    <comment>With respect to the asset identified as Deptford Mall (Asset Number 3), the Third Largest Tenant has a month-to-month lease. The Lease Expiration Third Largest Tenant Date is being presented as the last day of the month in which the cut-off date of the BMO 2026-5C16 transaction occurs.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(d)(28)(iv)</itemNumber>
    <fieldName>   Revenue Securitization Amount</fieldName>
    <comment>For mortgage loans that are part of a whole loan, the revenue securitization amount is presented for the entire mortgaged property that secures the whole loan, including one or more companion loans not included in the trust.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(d)(28)(vi)</itemNumber>
    <fieldName>  Operating Expenses Securitization Amount</fieldName>
    <comment>For mortgage loans that are part of a whole loan, the total underwritten operating expenses securitization amount are presented for the entire mortgaged property that secures the whole loan, including one or more companion loans not included in the trust.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(d)(28)(viii)</itemNumber>
    <fieldName> Net Operating Income Securitization Amount</fieldName>
    <comment>For mortgage loans that are part of a whole loan, the net operating income securitization amount is presented for the entire mortgaged property that secures the whole loan, including one or more companion loans not included in the trust.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(d)(28)(x)</itemNumber>
    <fieldName>Net Cash Flow Securitization Amount</fieldName>
    <comment>For mortgage loans that are part of a whole loan, the net cash flow securitization amount is presented for the entire mortgaged property that secures the whole loan, including one or more companion loans not included in the trust.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(d)(28)(xv)</itemNumber>
    <fieldName>Debt Service Coverage Net Operating Income Securitization Percentage</fieldName>
    <comment>For mortgage loans that are part of a whole loan, the debt service coverage net operating income securitization percentage is calculated based on the subject mortgage loan and any related pari passu companion loans not included in the trust, but without regard to any subordinate companion loans.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(d)(28)(xvii)</itemNumber>
    <fieldName> Debt Service Coverage Net Cash Flow Securitization Percentage</fieldName>
    <comment>For mortgage loans that are part of a whole loan, the debt service coverage net cash flow securitization percentage is calculated based on the subject mortgage loan and any related pari passu companion loans not included in the trust, but without regard to any subordinate companion loans.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(e)(5)</itemNumber>
    <fieldName>Report Period Interest Rate Percentage</fieldName>
    <comment>The Report Period Interest Rate Percentage for the mortgage loan identified as Mountain Industrial Portfolio (Asset Number 12) has been truncated to eight decimal places due to EDGAR constraints. The value to full precision is 0.05096767533.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(e)(6)</itemNumber>
    <fieldName> Servicer Trustee Fee Rate Percentage</fieldName>
    <comment>It should be noted that the rate presented consists of (i) the master servicing fee rate, which includes any primary servicing fee rate payable to an outside servicer (for a whole loan) or other primary servicer, and any subservicing fee rate, (ii) the certificate administrator / trustee fee rate payable to the certificate administrator and the trustee, (iii) the operating advisor fee rate, (iv) the asset representations reviewer fee and (v) the CREFC(R) intellectual property royalty license fee rate.</comment>
  </commentData>
  
  <commentData>
    <itemNumber>Item 2(f)(1)</itemNumber>
    <fieldName>Primary Servicer Name</fieldName>
    <comment>The primary servicer names have been truncated due to EDGAR constraints. The full name for Midland Loan Services is Midland Loan Services, a Division of PNC Bank, National Association. </comment>
  </commentData>


</comments>
