0001539497-22-001203.txt : 20220622 0001539497-22-001203.hdr.sgml : 20220622 20220622150533 ACCESSION NUMBER: 0001539497-22-001203 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220622 0001547361 0001541557 ITEM INFORMATION: Other Events FILED AS OF DATE: 20220622 DATE AS OF CHANGE: 20220622 ABS ASSET CLASS: Commercial mortgages FILER: COMPANY DATA: COMPANY CONFORMED NAME: BANK 2017-BNK5 CENTRAL INDEX KEY: 0001706303 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-206582-11 FILM NUMBER: 221031667 BUSINESS ADDRESS: STREET 1: 1585 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-761-4000 MAIL ADDRESS: STREET 1: 1585 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10036 8-K 1 n943_8k-x23.htm FORM 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): June 22, 2022

 

Central Index Key Number of the issuing entity: 0001706303

BANK 2017-BNK5

(Exact name of Issuing Entity)

 

Central Index Key Number of the depositor: 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: 0001541557
Morgan Stanley Mortgage Capital Holdings LLC
Central Index Key Number of the sponsor: 0001102113
Bank of America, National Association
Central Index Key Number of the sponsor: 0001577313
National Cooperative Bank, N.A.
(Exact Names of the Sponsors as Specified in their Charters)

 

 

 

Delaware

 

 

333-206582-11

38-4032157

38-4032158

38-7187250

(State or Other Jurisdiction of
Incorporation)		 (Commission File Number) (I.R.S. Employer 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))

 

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[  ] 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.    ☐

 

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Item 8.01. Other Events.

Effective as of June 22, 2022, Green Loan Services LLC (“Green Loan Services”), a Delaware limited liability company, will act as special servicer for the Olympic Tower mortgage loan and each related pari passu and/or subordinate promissory note (collectively, the “Olympic Tower Non-Serviced Loan Combination”), which is serviced under the trust and servicing agreement for the Olympic Tower 2017-OT securitization, replacing KeyBank National Association as special servicer for such non-serviced loan combination.  Green Loan Services was appointed at the direction of BlackRock Financial Management, Inc., the directing certificateholder under the Olympic Tower 2017-OT trust and servicing agreement.  As special servicer for the Olympic Tower Non-Serviced Loan Combination, Green Loan Services will be responsible for the servicing and administration of the Olympic Tower Non-Serviced Loan Combination if it becomes specially serviced (and the servicing and administration of any related REO property) and processing and performing certain reviews of material actions with respect to the Olympic Tower Non-Serviced Loan Combination when such non-serviced loan combination is not specially serviced.  Servicing of the Olympic Tower Non-Serviced Loan Combination will continue to be governed by the Olympic Tower 2017-OT trust and servicing agreement.

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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  
       
       

Dated: June 22, 2022

      

 

 

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