BANK5 2024-5YR5 Files 2024 Annual Report
| Field | Detail |
|---|---|
| Company | Bank5 2024-5yr5 |
| Form Type | 10-K |
| Filed Date | Mar 26, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: asset-backed-securities, commercial-mortgage, filing
TL;DR
BANK5 2024-5YR5 filed its 10-K. ABS backed by commercial mortgages. Morgan Stanley involved.
AI Summary
BANK5 2024-5YR5, a commercial mortgage asset-backed security, filed its annual 10-K report for the fiscal year ended December 31, 2024. The filing details its operations as an asset-backed security, with Morgan Stanley Capital I Inc. as the depositor and Morgan Stanley Mortgage Capital Holdings LLC and Wells Fargo Bank, National Association among its sponsors. The company is incorporated in Delaware and its business address is in New York.
Why It Matters
This filing provides crucial financial and operational details for investors and stakeholders in the BANK5 2024-5YR5 commercial mortgage-backed security, offering insights into its performance and structure.
Risk Assessment
Risk Level: medium — As an asset-backed security focused on commercial mortgages, the filing is subject to risks associated with the real estate market and credit performance of underlying loans.
Key Players & Entities
- BANK5 2024-5YR5 (company) — Issuing entity
- Morgan Stanley Capital I Inc. (company) — Depositor
- Morgan Stanley Mortgage Capital Holdings LLC (company) — Sponsor
- Wells Fargo Bank, National Association (company) — Sponsor
- December 31, 2024 (date) — Fiscal year end
FAQ
What is the primary asset class for BANK5 2024-5YR5?
The primary asset class is Commercial mortgages.
Who is the depositor for BANK5 2024-5YR5?
The depositor is Morgan Stanley Capital I Inc.
What is the SEC file number for this filing?
The SEC file number is 333-259741-07.
In which state is BANK5 2024-5YR5 incorporated?
The company is incorporated in Delaware (DE).
What is the business address of BANK5 2024-5YR5?
The business address is 1585 Broadway, New York, NY 10036.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 26, 2025 regarding BANK5 2024-5YR5.