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): December 7, 2023
Central Index Key Number of the issuing entity: 0001706303 |
BANK 2017-BNK5 |
(Exact name of Issuing Entity) |
Central Index Key Number of the Registrant: 0001547361 |
Morgan Stanley Capital I Inc. |
(Exact Name of Registrant as Specified in its Charter) |
Central Index Key Number of the sponsor: 0000740906
Wells Fargo Bank, National Association
Central Index Key Number of the sponsor: 0001102113
Bank of America, National Association
Central Index Key Number of the sponsor: 0001541557
Morgan Stanley Mortgage Capital Holdings LLC
Central Index Key Number of the sponsor: 0001577313 |
National Cooperative Bank, N.A. |
(Exact Names of the Sponsors as Specified in their Charters) |
38-4032157 | ||
38-4032158 | ||
Delaware | 333-206582-11 | 38-7187250 |
(State or Other Jurisdiction | (Commission File | (IRS Employer |
of Incorporation) | Number) | Identification No.) |
1585 Broadway | New York, New York | 10036 |
(Address of Principal Executive Offices) | (Zip Code) |
Registrant's telephone number, including area code: | (212) 761-4000 |
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)) |
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. ☐
Section 6 – Asset-Backed Securities
Item 6.04 – Failure to Make a Required Distribution.
On December 7, 2023, the Depositor was notified by the Certificate Administrator that, on December 7, 2023, the servicer remittance report relating to the November 17, 2023 distribution was updated to reflect additional proceeds received in connection with one or more mortgage loan prepayments, together with associated prepayment premiums. Such amounts were identified by the Servicer as relating to the November 17, 2023 distribution, resulting in additional payments to the following classes: Class A-S ($28,711.72), Class A-3 ($1,543,556.44), Class X-A ($15,722.68) and the RR Interest ($84,108.47).
2 |
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.
Morgan Stanley Capital I Inc. | |||
By: | /s/ Jane Lam | ||
Name: Jane Lam | |||
Title: President |
Date: December 8, 2023
3 |