UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 26, 2026
BMO 2026-5C15 Mortgage Trust
(Exact name of issuing entity)
(Central Index Key number of issuing entity: 0002128774)
BMO Commercial Mortgage Securities LLC
(Exact name of the depositor as specified in its charter)
(Central Index Key number of depositor: 0001861132)
Bank of Montreal
(Central Index Key number: 0000927971)
UBS AG New York Branch
(Central Index Key number: 0001685185)
3650 Capital SCF LOE I(A), LLC
(Central Index Key number: 0002058685)
Zions Bancorporation, N.A.
(Central Index Key number: 0000109380)
Wells Fargo Bank, National Association
(Central Index Key number: 0000850779)
BSPRT CMBS Finance, LLC
(Central Index Key number: 0001722518)
Goldman Sachs Mortgage Company
(Central Index Key number: 0001541502)
Societe Generale Financial Corporation
(Central Index Key number: 0001755531)
Ladder Capital Finance LLC
(Central Index Key number: 0001541468)
(Exact name of sponsors as specified in their charters)
| Delaware | 333-280224-14 | 86-2713125 |
| (State or other jurisdiction | (Commission File Number | (IRS Employer Identification |
| of incorporation of depositor) | of issuing entity) | No. of depositor) |
| 151 West 42nd Street | |
| New York, New York | 10036 |
| (Address of principal executive offices of depositor) | (Zip Code of depositor) |
Depositor’s telephone number, including area code (212) 885-4000
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered | ||
| None |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 1.01. | Entry into a Material Definitive Agreement. |
On June 25, 2026 (the “Closing Date”), BMO 2026-5C15 Mortgage Trust (the “Issuing Entity”) issued the BMO 2026-5C15 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2026-5C15, pursuant to a Pooling and Servicing Agreement, dated as of June 1, 2026 (the “Pooling and Servicing Agreement”), between the BMO Commercial Mortgage Securities LLC, as depositor, Midland Loan Services, a Division of PNC Bank, National Association, as master servicer, 3650 REIT Loan Servicing LLC, as special servicer, BellOak, LLC, as operating advisor and as asset representations reviewer, Computershare Trust Company, National Association, as certificate administrator and as trustee. The Pooling and Servicing Agreement was attached as Exhibit 4.1 to the Current Report on Form 8-K/A with respect to the Issuing Entity, filed with the Securities and Exchange Commission (the “Commission”) on June 25, 2026 under Commission File No. 333-280224-14. Capitalized terms used but not defined herein shall have the meanings assigned to them in the Pooling and Servicing Agreement.
As of the Closing Date, the Whole Loan (“The Landing Whole Loan”) relating to the Mortgage Loan (the “The Landing Mortgage Loan”) secured by the Mortgaged Property identified on the Mortgage Loan Schedule as The Landing was required to be serviced and administered pursuant to the Pooling and Servicing Agreement.
On August 26, 2026, the Servicing Shift Lead Note with respect to The Landing Whole Loan was contributed to the commercial mortgage securitization transaction (the “BMO 2026-5C16 Securitization”) involving the issuance of the BMO 2026-5C16 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2026-5C16 (the “BMO 2026-5C16 Certificates”). Upon the issuance of the BMO 2026-5C16 Certificates, the servicing and administration of The Landing Whole Loan are required to be transferred from the Pooling and Servicing Agreement to the pooling and servicing agreement governing the issuance of the BMO 2026-5C16 Certificates, dated as of August 1, 2026 (the “BMO 2026-5C16 Pooling and Servicing Agreement”), between BMO Commercial Mortgage Securities LLC, as depositor (the “BMO 2026-5C16 Depositor”), Midland Loan Services, a Division of PNC Bank, National Association, as master servicer, 3650 REIT Loan Servicing LLC, as special servicer, BellOak, LLC, as operating advisor and as asset representations reviewer, and Computershare Trust Company, National Association, as certificate administrator and as trustee.
The BMO 2026-5C16 Pooling and Servicing Agreement, in the form most recently filed with the Commission by or on behalf of the BMO 2026-5C16 Depositor, is attached hereto as Exhibit 4.1.
The servicing terms of the BMO 2026-5C16 Pooling and Servicing Agreement applicable to the servicing of The Landing Mortgage Loan are similar to the servicing terms of the Pooling and Servicing Agreement, as described in the section captioned “The Pooling and Servicing Agreement” in the Prospectus (the “Prospectus”) with respect to the Issuing Entity filed on June 16, 2026 pursuant to Rule 424(b)(2) under Commission File Number 333-280224-14, but will differ in certain respects as described below and, treating the BMO 2026-5C16 Pooling and Servicing Agreement as an Outside Servicing Agreement thereunder, in the subsection captioned “The Pooling and Servicing Agreement—Servicing of the Outside Serviced Mortgage Loans” in the Prospectus.
| · | Upon The Landing Whole Loan becoming a specially serviced loan under the BMO 2026-5C16 Pooling and Servicing Agreement, the related Outside Special Servicer will earn a special servicing fee payable monthly with respect to The Landing Whole Loan accruing at a rate equal to 0.25% per annum, subject to a minimum monthly special servicing fee of $5,000 for The Landing Whole Loan. |
| · | In connection with a workout of The Landing Whole Loan, the related Outside Special Servicer will be entitled to a workout fee equal to 1% of each collection of interest (excluding default interest and excess interest) and principal received on the corrected The Landing Whole Loan for so long as it remains a corrected Whole Loan, subject to a minimum workout fee of $25,000 and a maximum workout fee of $1,000,000 for The Landing Whole Loan. |
| · | The related Outside Special Servicer will be entitled to a liquidation fee of 1% of the related payment or proceeds received in connection with the liquidation of The Landing Whole Loan or related REO Property, subject to a maximum liquidation fee of $1,000,000 and a minimum liquidation fee of $25,000 for The Landing Whole Loan. |
| · | The Mortgaged Property relating to The Landing Whole Loan is required to be inspected (A) at least once every calendar year if the related Pari Passu Companion Loan contributed to the BMO 2026-5C16 Securitization has an outstanding principal balance of $2,000,000 or more and (B) at least once every other calendar year if the related Pari Passu Companion Loan contributed to the BMO 2026-5C16 Securitization has an outstanding principal balance of less than $2,000,000, in each case commencing in 2027 in a manner similar to that under the Pooling and Servicing Agreement. |
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits |
| Exhibit No. | Description |
| Exhibit 4.1 | BMO 2026-5C16 Pooling and Servicing Agreement |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: September 1, 2026 | BMO COMMERCIAL MORTGAGE SECURITIES LLC | ||
| By: | /s/ Paul Vanderslice | ||
| Name: | Paul Vanderslice | ||
| Title: | Chief Executive Officer | ||
BMO 2026-5C15 – Form 8-K