Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5

CONTACT INFORMATION
Depositor	GS Mortgage Securities Corporation II
Master Servicer	Wells Fargo Bank, N.A.
Special Servicer	LNR Partners, LLC
Operating Advisor	Pentalpha Surveillance LLC.

CONTENTS
Distribution Summary	2
Distribution Summary (Factors)	3
Interest Distribution Detail	4
Principal Distribution Detail	5
Reconciliation Detail	6
Other Information	7
Stratification Detail	8
Mortgage Loan Detail	11
NOI Detail	12
Delinquency Loan Detail	13
Appraisal Reduction Detail	15
Loan Modification Detail	19
Specially Serviced Loan Detail	22
Unscheduled Principal Detail	27
Liquidated Loan Detail	31
CREFC Legends	33

Deal Contact:	Cirino Emanuele	Citibank, N.A.
	cirino.emanuele@citi.com	Agency and Trust
	Tel: (212)-816-5614	388 Greenwich Street, 14th Floor
		New York, NY 10013

Reports Available at sf.citidirect.com Page 1 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Distribution Summary
DISTRIBUTION IN DOLLARS

				Prior		Pass-		Accrual																		Current
		Original		Principal		Through		Day Count		Accrual		Interest		Principal		PPP and YM			Total		Deferred		Realized			Principal
Class		Balance		Balance		Rate		Fraction		Dates		Distributed		Distributed		Distributed			Distributed		Interest		Loss			Balance
(1	)	(2	)	(3	)	(4	)	(5	)	(6	)	(7	)	(8	)	(9	)	(10)=	(7	+8+9)	(11	)	(12	)	(13)=	(3-8+11-12)
A-1		90,398,000.00		0.00		1.468000	%	-		-		0.00		0.00		0.00			0.00		0.00		0.00			0.00
A-2		476,574,000.00		0.00		2.999000	%	-		-		0.00		0.00		0.00			0.00		0.00		0.00			0.00
A-3		86,430,000.00		0.00		3.817000	%	-		-		0.00		0.00		0.00			0.00		0.00		0.00			0.00
A-4		568,249,000.00		0.00		3.707000	%	-		-		0.00		0.00		0.00			0.00		0.00		0.00			0.00
A-S		181,066,000.00		141,914,100.10		5.158719	%	30/360		09/01 - 09/30		610,079.15		797,047.28		0.00			1,407,126.43		0.00		0.00			141,117,052.82
B		95,987,000.00		95,987,000.00		5.158719	%	30/360		09/01 - 09/30		412,641.64		0.00		0.00			412,641.64		0.00		0.00			95,987,000.00
C		69,808,000.00		69,808,000.00		5.158719	%	30/360		09/01 - 09/30		300,099.89		0.00		0.00			300,099.89		0.00		0.00			69,808,000.00
D		74,172,000.00		74,172,000.00		5.158719	%	30/360		09/01 - 09/30		318,860.43		0.00		0.00			318,860.43		0.00		0.00			74,172,000.00
E		28,360,000.00		28,360,000.00		5.158719	%	30/360		09/01 - 09/30		121,917.73		0.00		0.00			121,917.73		0.00		0.00			28,360,000.00
F		23,996,000.00		23,996,000.00		4.500000	%	30/360		09/01 - 09/30		89,985.00		0.00		0.00			89,985.00		0.00		0.00			23,996,000.00
G		50,175,806.00		43,606,618.02		4.500000	%	30/360		09/01 - 09/30		57,885.25		0.00		0.00			57,885.25		0.00		0.00			43,606,618.02
R		0.00		0.00		0.000000	%	-		-		0.00		0.00		0.00			0.00		0.00		0.00			0.00
S		0.00		0.00		0.000000	%	-		-		0.00		0.00		0.00			0.00		0.00		0.00			0.00
Totals		1,745,215,806.00		477,843,718.12								1,911,469.09		797,047.28		0.00			2,708,516.37		0.00		0.00			477,046,670.84
Notional Classes
X-A		1,402,717,000.00		141,914,100.10		0.000000	%	30/360		09/01 - 09/30		0.00		0.00		0.00			0.00		0.00		0.00			141,117,052.82
X-B		342,498,806.00		335,929,618.01		0.132561	%	30/360		09/01 - 09/30		37,109.28		0.00		0.00			37,109.28		0.00		0.00			335,929,618.01
Totals		1,745,215,806.00		477,843,718.11								37,109.28		0.00		0.00			37,109.28		0.00		0.00			477,046,670.83

Reports Available at sf.citidirect.com Page 2 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Distribution Summary (Factors)
PER $1,000 OF ORIGINAL BALANCE

					Prior														Current
			Record		Principal		Interest		Principal		PPP and YM		Total		Deferred				Principal
Class	CUSIP		Date		Balance		Distributed		Distributed		Distributed		Distributed		Interest		Realized Loss		Balance
				(3)/	(2) x 1000	(7)/	(2) x 1000	(8)/	(2) x 1000	(9)/	(2) x 1000	(10)/	(2) x 1000	(11)/	(2) x 1000	(12)/	(2) x 1000	(14)/	(2) x 1000
A-1	36191	YAY4	9/30/2021		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000
A-2	36191	YAZ1	9/30/2021		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000
A-3	36191	YBA5	9/30/2021		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000
A-4	36191	YBB3	9/30/2021		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000
A-S	36191	YAE8	9/30/2021		783.770007		3.369374		4.401971		0.000000		7.771345		0.000000		0.000000		779.368036
	36191YAF5/U0401EAC5
B	36191	YAG3	9/30/2021		1,000.000000		4.298933		0.000000		0.000000		4.298933		0.000000		0.000000		1,000.000000
	36191YAH1/U0401EAD3
C	36191	YAJ7	9/30/2021		1,000.000000		4.298933		0.000000		0.000000		4.298933		0.000000		0.000000		1,000.000000
	36191YAK4/U0401EAE1
D	36191	YAL2	9/30/2021		1,000.000000		4.298933		0.000000		0.000000		4.298933		0.000000		0.000000		1,000.000000
	36191YAM0/U0401EAF8
E	36191	YAN8	9/30/2021		1,000.000000		4.298933		0.000000		0.000000		4.298933		0.000000		0.000000		1,000.000000
	36191YAP3/U0401EAG6
F	36191	YAQ1	9/30/2021		1,000.000000		3.750000		0.000000		0.000000		3.750000		0.000000		0.000000		1,000.000000
	36191YAR9/U0401EAH4
G	36191	YAS7	9/30/2021		869.076583		1.153649		0.000000		0.000000		1.153649		0.000000		0.000000		869.076583
	36191YAT5/U0401EAJ0
R	36191	YAU2	9/30/2021		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000
	36191YAV0/U0401EAK7
S	36191	YAW8	9/30/2021		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000
	36191YAX6/U0401EAL5
X-A	36191	YAA6	9/30/2021		101.170871		0.000000		0.000000		0.000000		0.000000		0.000000		0.000000		100.602654
	36191YAB4/U0401EAA9
X-B	36191	YAC2	9/30/2021		980.819822		0.108349		0.000000		0.000000		0.108349		0.000000		0.000000		980.819822
	36191YAD0/U0401EAB7

Reports Available at sf.citidirect.com Page 3 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Interest Distribution Detail
DISTRIBUTION IN DOLLARS

		Prior		Pass-		Accrual	Optimal		Prior		Interest on		Non-Recov.									Current
		Principal		Through		Day	Accrued		Unpaid		Prior Unpaid		Interest			Interest	Deferred		Interest			Unpaid
Class		Balance		Rate		Count	Interest		Interest		Interest		Shortfall			Due	Interest		Distributed			Interest
(1	)	(2	)	(3	)	Fraction	(6	)	(7	)	(8	)	(9	)	(10)=	(6)+(7)+(8)-(9)	(11	)	(12	)	(13)=	(10)-(11)-(12)
A-1		0.00		1.468000	%	-	0.00		0.00		0.00		0.00			0.00	0.00		0.00			0.00
A-2		0.00		2.999000	%	-	0.00		0.00		0.00		0.00			0.00	0.00		0.00			0.00
A-3		0.00		3.817000	%	-	0.00		0.00		0.00		0.00			0.00	0.00		0.00			0.00
A-4		0.00		3.707000	%	-	0.00		0.00		0.00		0.00			0.00	0.00		0.00			0.00
A-S		141,914,100.10		5.158719	%	30/360	610,079.15		0.00		0.00		0.00			610,079.15	0.00		610,079.15			0.00
B		95,987,000.00		5.158719	%	30/360	412,641.64		0.00		0.00		0.00			412,641.64	0.00		412,641.64			0.00
C		69,808,000.00		5.158719	%	30/360	300,099.89		0.00		0.00		0.00			300,099.89	0.00		300,099.89			0.00
D		74,172,000.00		5.158719	%	30/360	318,860.43		0.00		0.00		0.00			318,860.43	0.00		318,860.43			0.00
E		28,360,000.00		5.158719	%	30/360	121,917.73		0.00		0.00		0.00			121,917.73	0.00		121,917.73			0.00
F		23,996,000.00		4.500000	%	30/360	89,985.00		0.00		0.00		0.00			89,985.00	0.00		89,985.00			0.00
G		43,606,618.02		4.500000	%	30/360	163,524.82		1,672,190.84		6,270.72		0.00			1,841,986.38	0.00		57,885.25			1,784,101.13
R		0.00		0.000000	%	-	0.00		0.00		0.00		0.00			0.00	0.00		0.00			0.00
S		0.00		0.000000	%	-	0.00		0.00		0.00		0.00			0.00	0.00		0.00			0.00
Totals		477,843,718.12					2,017,108.66		1,672,190.84		6,270.72		0.00			3,695,570.22	0.00		1,911,469.09			1,784,101.13
Notional Classes
X-A		141,914,100.10		0.000000	%	30/360	0.00		0.00		0.00		0.00			0.00	0.00		0.00			0.00
X-B		335,929,618.01		0.132561	%	30/360	37,109.28		0.00		0.00		0.00			37,109.28	0.00		37,109.28			0.00
Totals		477,843,718.11					37,109.28		0.00		0.00		0.00			37,109.28	0.00		37,109.28			0.00

Reports Available at sf.citidirect.com Page 4 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Principal Distribution Detail
DISTRIBUTION IN DOLLARS

				Prior		Scheduled		Unscheduled				Current		Current			Current	Cumulative Original				Current		Original		Current
		Original		Principal		Principal		Principal		Balance		Realized		Principal			Principal	Realized		Class		Class		Credit		Credit
Class		Balance		Balance		Distribution		Distribution		Change		Loss		Recoveries			Balance	Loss		(%)		(%)		Support Support
(1	)	(2	)	(3	)	(4	)	(5	)	(6	)	(7	)	(8	)	(9)=	(3)-(4)-(5)+(6)-(7)+(8)	(10	)	(11	)	(12	)	(13	)	(14	)
A-1		90,398,000.00		0.00		0.00		0.00		0.00		0.00		0.00			0.00	0.00		5.18	%	0.00	%	30.00	%	N/A
A-2		476,574,000.00		0.00		0.00		0.00		0.00		0.00		0.00			0.00	0.00		27.31	%	0.00	%	30.00	%	N/A
A-3		86,430,000.00		0.00		0.00		0.00		0.00		0.00		0.00			0.00	0.00		4.95	%	0.00	%	30.00	%	N/A
A-4		568,249,000.00		0.00		0.00		0.00		0.00		0.00		0.00			0.00	0.00		32.56	%	0.00	%	30.00	%	N/A
A-S		181,066,000.00		141,914,100.10		797,047.28		0.00		0.00		0.00		0.00			141,117,052.82	0.00		10.38	%	29.58	%	19.62	%	70.42	%
B		95,987,000.00		95,987,000.00		0.00		0.00		0.00		0.00		0.00			95,987,000.00	0.00		5.50	%	20.12	%	14.12	%	50.30	%
C		69,808,000.00		69,808,000.00		0.00		0.00		0.00		0.00		0.00			69,808,000.00	0.00		4.00	%	14.63	%	10.12	%	35.66	%
D		74,172,000.00		74,172,000.00		0.00		0.00		0.00		0.00		0.00			74,172,000.00	0.00		4.25	%	15.55	%	5.87	%	20.12	%
E		28,360,000.00		28,360,000.00		0.00		0.00		0.00		0.00		0.00			28,360,000.00	0.00		1.63	%	5.94	%	4.25	%	14.17	%
F		23,996,000.00		23,996,000.00		0.00		0.00		0.00		0.00		0.00			23,996,000.00	0.00		1.38	%	5.03	%	2.87	%	9.14	%
G		50,175,806.00		43,606,618.02		0.00		0.00		0.00		0.00		0.00			43,606,618.02	6,569,187.98		2.88	%	9.14	%	0.00	%	0.00	%
Totals		1,745,215,806.00		477,843,718.12		797,047.28		0.00		0.00		0.00		0.00			477,046,670.84	6,569,187.98		100.00	%	100.00	%

Reports Available at sf.citidirect.com Page 5 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Reconciliation Detail

SOURCE OF FUNDS
Interest Funds Available
Scheduled Interest	2,083,197.15
Prepayment Interest Excess	0.00
Prepayment Interest Shortfall	0.00
Interest Adjustments	(165.00	)
Total Interest Funds Available:			2,083,032.15
Principal Funds Available
Scheduled Principal	797,047.28
Curtailments	0.00
Principal Prepayments	0.00
Excess Liquidation Proceeds	0.00
Unscheduled Principal	0.00
Repurchased Principal	0.00
Nonrecoverable Principal Advances	0.00
Substitution Principal	0.00
Other Principal	0.00
Total Principal Funds Available:			797,047.28
Other Funds Available
Prepayment Penalties/Yield Maintenance	0.00
Interest Reserve Deposit	0.00
Interest Reserve Withdrawal	0.00
Other Charges	0.00
Total Other Funds Available:			0.00
Total Funds Available			2,880,079.43

ALLOCATION OF FUNDS
Scheduled Fees
Servicing Fee	27,874.21
Certificate Administrator Fee	250.87
Trustee Fee	67.69
Operating Advisor Fee	786.45
Total Scheduled Fees:		28,979.22
Additional Fees, Expenses, etc.
Special Servicing Fee	62,050.77
Workout Fee	0.00
Liquidation Fee	0.00
ASER Amount	43,423.79
Reimbursement for Interest on Advances	0.00
Other Expenses	0.00
Total Additional Fees, Expenses, etc.:		105,474.56
Distributions
Interest Distribution	1,948,578.37
Principal Distribution	797,047.28
Yield Maintenance/Prepayment Penalties Distribution	0.00
Total Distributions:		2,745,625.65
Total Funds Allocated		2,880,079.43

Reports Available at sf.citidirect.com Page 6 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Other Information

Account Information
Beginning Interest Reserve Balance	0.00
Interest Reserve Deposits	0.00
Interest Reserve Withdrawals	0.00
Ending Interest Reserve Balance	0.00
Beginning Excess Liquidation Balance	0.00
Excess Liquidation Deposits	0.00
Excess Liquidation Withdrawals	0.00
Ending Excess Liquidation Balance	0.00

Reports Available at sf.citidirect.com Page 7 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Stratification Detail

Ending Scheduled Balance
Ending Sched	# of	Ending Sched	% of Agg			Wtd Avg
Balance	Loans	Balance	Balance	WAC	WAM	DSCR
0 or Less	69	0.00	0.00	0.0000	0	0.000000
1 to 5,000,000	0	0.00	0.00	0.0000	0	0.000000
5,000,001 to 10,000,000	0	0.00	0.00	0.0000	0	0.000000
10,000,001 to 15,000,000	0	0.00	0.00	0.0000	0	0.000000
15,000,001 to 20,000,000	0	0.00	0.00	0.0000	0	0.000000
20,000,001 to 25,000,000	0	0.00	0.00	0.0000	0	0.000000
25,000,001 to 30,000,000	1	28,970,378.68	6.07	5.2275	0	1.613400
30,000,001 to 35,000,000	1	34,247,415.15	7.18	4.9000	0	1.961000
35,000,001 to 40,000,000	0	0.00	0.00	0.0000	0	0.000000
40,000,001 to 45,000,000	0	0.00	0.00	0.0000	0	0.000000
45,000,001 to 50,000,000	0	0.00	0.00	0.0000	0	0.000000
50,000,001 to 55,000,000	0	0.00	0.00	0.0000	0	0.000000
55,000,001 to 60,000,000	0	0.00	0.00	0.0000	0	0.000000
60,000,001 to 65,000,000	0	0.00	0.00	0.0000	0	0.000000
65,000,001 to 70,000,000	0	0.00	0.00	0.0000	0	0.000000
70,000,001 to 75,000,000	1	70,246,910.76	14.73	5.8500	0	0.898800
75,000,001 to 80,000,000	0	0.00	0.00	0.0000	0	0.000000
80,000,001 to 85,000,000	0	0.00	0.00	0.0000	0	0.000000
85,000,001 to 90,000,000	0	0.00	0.00	0.0000	0	0.000000
90,000,001 or Greater	2	343,581,966.25	72.02	5.1381	0	1.759626
Totals	74	477,046,670.84	100.00	5.2313	0	1.638443
(When current DSCR is not available, the most currently provided DSCR will be used.)

State
		# of	Ending Sched	% of Agg			Wtd Avg
State		Loans	Balance	Balance	WAC	WAM	DSCR
Alaska		1	0.00	0.00	0.0000	0	0.000000
Alabama		1	0.00	0.00	0.0000	0	0.000000
Arizona		2	163,581,966.25	34.29	5.1800	0	0.933500
California		4	0.00	0.00	0.0000	0	0.000000
Colorado		1	0.00	0.00	0.0000	0	0.000000
Connecticut		2	0.00	0.00	0.0000	0	0.000000
Florida		4	0.00	0.00	0.0000	0	0.000000
Georgia		4	0.00	0.00	0.0000	0	0.000000
Illinois		5	0.00	0.00	0.0000	0	0.000000
Kentucky		2	34,247,415.15	7.18	4.9000	0	1.961000
Louisiana		1	0.00	0.00	0.0000	0	0.000000
Massachusetts		1	0.00	0.00	0.0000	0	0.000000
Maryland		1	0.00	0.00	0.0000	0	0.000000
Maine		1	0.00	0.00	0.0000	0	0.000000
Michigan		1	0.00	0.00	0.0000	0	0.000000
Mississippi		1	0.00	0.00	0.0000	0	0.000000
North Carolina		2	0.00	0.00	0.0000	0	0.000000
New Mexico		2	0.00	0.00	0.0000	0	0.000000
Nevada		1	0.00	0.00	0.0000	0	0.000000
New York		8	208,970,378.68	43.81	5.1177	0	2.386045
Ohio		1	0.00	0.00	0.0000	0	0.000000
Oregon		1	0.00	0.00	0.0000	0	0.000000
Pennsylvania		3	0.00	0.00	0.0000	0	0.000000
South Carolina		2	0.00	0.00	0.0000	0	0.000000
Tennessee		2	0.00	0.00	0.0000	0	0.000000
Texas		9	70,246,910.76	14.73	5.8500	0	0.898800
Virginia		3	0.00	0.00	0.0000	0	0.000000
Washington		2	0.00	0.00	0.0000	0	0.000000
Various		6	0.00	0.00	0.0000	0	0.000000
	Totals	74	477,046,670.84	100.00	5.2313	0	1.638443

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Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Stratification Detail

Seasoning
	# of	Ending Sched	% of Agg			Wtd Avg
Seasoning	Loans	Balance	Balance	WAC	WAM	DSCR
12 Months or Less	0	0.00	0.00	0.0000	0	0.000000
13 to 24 Months	0	0.00	0.00	0.0000	0	0.000000
25 to 36 Months	0	0.00	0.00	0.0000	0	0.000000
37 to 48 Months	0	0.00	0.00	0.0000	0	0.000000
49 Months or Greater	74	477,046,670.84	100.00	5.2313	0	1.638443
Totals	74	477,046,670.84	100.00	5.2313	0	1.638443

Property Type
Property	# of	Ending Sched	% of Agg			Wtd Avg
Type	Loans	Balance	Balance	WAC	WAM	DSCR
Other	4	0.00	0.00	0.0000	0	0.000000
Multifamily	11	0.00	0.00	0.0000	0	0.000000
Retail	27	477,046,670.84	100.00	5.2313	0	1.638443
Industrial	1	0.00	0.00	0.0000	0	0.000000
Mobile Home Park	6	0.00	0.00	0.0000	0	0.000000
Office	13	0.00	0.00	0.0000	0	0.000000
Mixed Use	1	0.00	0.00	0.0000	0	0.000000
Lodging	9	0.00	0.00	0.0000	0	0.000000
Self Storage	2	0.00	0.00	0.0000	0	0.000000
Totals	74	477,046,670.84	100.00	5.2313	0	1.638443

Debt Service Coverage Ratio
Debt Service	# of	Ending Sched	% of Agg			Wtd Avg
Coverage Ratio	Loans	Balance	Balance	WAC	WAM	DSCR
1.250 or Less	71	233,828,877.01	49.02	5.3813	0	0.923075
1.251 to 1.500	0	0.00	0.00	0.0000	0	0.000000
1.501 to 1.750	1	28,970,378.68	6.07	5.2275	0	1.613400
1.751 to 2.000	1	34,247,415.15	7.18	4.9000	0	1.961000
2.001 to 2.250	0	0.00	0.00	0.0000	0	0.000000
2.251 to 2.500	0	0.00	0.00	0.0000	0	0.000000
2.501 to 2.750	1	180,000,000.00	37.73	5.1000	0	2.510400
Totals	74	477,046,670.84	100.00	5.2313	0	1.638443
(When current DSCR is not available, the most currently provided DSCR will be used.)

Loan Rate
Loan		# of	Ending Sched	% of Agg			Wtd Avg
Rate (%)		Loans	Balance	Balance	WAC	WAM	DSCR
4.00 or Less		69	0.00	0.00	0.0000	0	0.000000
4.01 to 4.25		0	0.00	0.00	0.0000	0	0.000000
4.26 to 4.50		0	0.00	0.00	0.0000	0	0.000000
4.51 to 4.75		0	0.00	0.00	0.0000	0	0.000000
4.76 to 5.00		1	34,247,415.15	7.18	4.9000	0	1.961000
5.01 to 5.25		3	372,552,344.93	78.10	5.1450	0	1.748255
5.26 to 5.50		0	0.00	0.00	0.0000	0	0.000000
5.51 to 5.75		0	0.00	0.00	0.0000	0	0.000000
5.76 to 6.00		1	70,246,910.76	14.73	5.8500	0	0.898800
6.01 to 6.25		0	0.00	0.00	0.0000	0	0.000000
6.26 to 6.50		0	0.00	0.00	0.0000	0	0.000000
6.51 to 6.75		0	0.00	0.00	0.0000	0	0.000000
6.76 to 7.00		0	0.00	0.00	0.0000	0	0.000000
7.01 or Greater		0	0.00	0.00	0.0000	0	0.000000
	Totals	74	477,046,670.84	100.00	5.2313	0	1.638443

Reports Available at sf.citidirect.com Page 9 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Stratification Detail

Anticipated Remaining Term
Anticipated	# of	Ending Sched	% of Agg			Wtd Avg
Remaining Term	Loans	Balance	Balance	WAC	WAM	DSCR
60 Months or Less	74	477,046,670.84	100.00	5.2313	0	1.638443
61 to 90 Months	0	0.00	0.00	0.0000	0	0.000000
91 Months or Greater	0	0.00	0.00	0.0000	0	0.000000
Totals	74	477,046,670.84	100.00	5.2313	0	1.638443
(When current DSCR is not available, the most currently provided DSCR will be used.)

Remaining Amortization Term
Remaining	# of	Ending Sched	% of Agg			Wtd Avg
Amortization Term	Loans	Balance	Balance	WAC	WAM	DSCR
240 Months or Less	57	477,046,670.84	100.00	5.2313	0	1.638443
241 to 270 Months	1	0.00	0.00	0.0000	0	0.000000
271 to 300 Months	16	0.00	0.00	0.0000	0	0.000000
301 Months or Greater	0	0.00	0.00	0.0000	0	0.000000
Totals	74	477,046,670.84	100.00	5.2313	0	1.638443

Reports Available at sf.citidirect.com Page 10 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Mortgage Loan Detail

		Prop								Neg	Beginning	Ending	Paid	Appraisal	Appraisal	Payment Workout				Mod
Loan		Type			Interest	Principal	Gross		Maturity	Am	Scheduled	Scheduled	Through	Reduction	Reduction	Status		Strategy		Type
Number	OMCR	(1)	City	State	Payment	Payment	Coupon		Date	Flag	Balance	Balance	Date	Date	Amount	(2	)	(3	)	(4	)
848100001	001	RT	Tucson	AZ	707,803.47	387,948.60	5.18000	%	5/6/21	N	163,969,914.85	163,581,966.25	8/6/21	8/6/21	88,468,654.01	5		1		0
304101021	002	RT	New York	NY	765,000.00	0.00	5.10000	%	7/6/21	N	180,000,000.00	180,000,000.00	10/6/21	N/A	0.00	4		0		0
848100005	005	RT	Beaumont	TX	343,719.66	259,685.61	5.85000	%	3/6/21	N	70,506,596.37	70,246,910.76	10/6/21	6/7/21	34,443,555.56	4		2		8
848100009	009	RT	Ashland	KY	140,183.02	83,120.25	4.90000	%	7/6/21	N	34,330,535.40	34,247,415.15	6/6/21	N/A	0.00	5		2		0
848100013	013	RT	Plattsburgh	NY	126,491.00	66,292.82	5.22750	%	5/6/21	N	29,036,671.50	28,970,378.68	4/6/21	7/6/21	10,119,082.52	5		13		8
Totals	Count:		5		2,083,197.15	797,047.28					477,843,718.12	477,046,670.84			133,031,292.09

Reports Available at sf.citidirect.com Page 11 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		NOI Detail

		Property				Ending	Most	Most	Most Recent	Most Recent
Loan		Type				Scheduled	Recent	Recent	NOI	NOI
Number	OMCR	(1	)	City	State	Balance	Fiscal NOI	NOI	Start Date	End Date
848100001	001	RT		Tucson	AZ	163,581,966.25	14,537,386.97	6,430,409.04	01/01/2021	06/30/2021
304101021	002	RT		New York	NY	180,000,000.00	20,269,928.11	11,686,787.47	01/01/2021	06/30/2021
848100005	005	RT		Beaumont	TX	70,246,910.76	8,481,433.85	3,753,217.43	01/01/2021	06/30/2021
848100009	009	RT		Ashland	KY	34,247,415.15	5,632,895.81	2,794,912.15	01/01/2021	06/30/2021
848100013	013	RT		Plattsburgh	NY	28,970,378.68	2,517,109.68	2,090,961.63	01/01/2021	06/30/2021
Totals	Count:	5				477,046,670.84	51,438,754.42	26,756,287.72

Reports Available at sf.citidirect.com Page 12 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Delinquency Loan Detail

			Actual	Paid	Current P&I	Total P&I	Cumulative	Other Expense	Payment		Workout		Most Recent
Loan		# of Months	Principal	Through	Advances	Advances	Accrued Unpaid	Advances	Status		Strategy		Special Serv	Foreclosure	Bankruptcy	REO
Number	OMCR	Delinq	Balance	Date	(Net of ASER)	Outstanding	Interest Advances	Outstanding	(2	)	(3	)	Transfer Date	Date	Date	Date
848100001	001		164,693,778.30	8/6/21	1,095,752.07	2,172,033.62	77,687.03	1,114,868.95	5		1		9/16/20
304101021	002		180,000,000.00	10/6/21	765,000.00	0.00	0.00	0.00	4		0
848100005	005		70,246,910.76	10/6/21	603,405.27	0.00	11,901.52	1,315.00	4		2		2/2/21
848100009	009		34,568,591.10	6/6/21	223,303.27	885,041.12	3,498.80	13,918.25	5		2		7/12/21
848100013	013		29,351,335.80	4/6/21	149,360.03	1,002,807.69	32,054.26	16,877.82	5		13		4/7/21
Totals	Count:	5	478,860,615.96		2,836,820.64	4,059,882.43	125,141.61	1,146,980.02

Reports Available at sf.citidirect.com Page 13 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Historical Delinquency Information

Distribution	Less Than 1 Month				1 Month				2 Months				3 Months				4+ Months				Bankruptcy				Foreclosure				REO
Date	End Sched Bal		#		End Sched Bal		#		End Sched Bal		#		End Sched Bal		#		End Sched Bal		#		End Sched Bal		#		End Sched Bal		#		End Sched Bal		#
10/13/2021	0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
09/13/2021	0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
08/12/2021	0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
07/12/2021	0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0		0.00		0
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
06/11/2021	0.00		0		0.00		0		0.00		0		0.00		0		10,683,351.19		1		0.00		0		0.00		0		0.00		0
	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	2.141% 14.3%				0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
05/12/2021	26,871,817.03		1		0.00		0		0.00		0		0.00		0		10,716,170.17		1		0.00		0		0.00		0		0.00		0
	4.600	%	6.7	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	1.834	%	6.7	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
04/12/2021	26,924,152.63		1		165,814,754.37		1		0.00		0		0.00		0		10,750,629.78		1		0.00		0		0.00		0		0.00		0
	3.869	%	4.8	%	23.827	%	4.8	%	0.000	%	0.0	%	0.000	%	0.0	%	1.545	%	4.8	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
03/12/2021	29,495,375.06		1		166,169,299.05		1		0.00		0		0.00		0		10,783,097.21		1		0.00		0		0.00		0		0.00		0
	3.883	%	3.6	%	21.878	%	3.6	%	0.000	%	0.0	%	0.000	%	0.0	%	1.420	%	3.6	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
02/12/2021	103,247,147.21		2		166,593,862.96		1		0.00		0		0.00		0		10,820,866.85		1		0.00		0		0.00		0		0.00		0
	11.750	%	5.1	%	18.959	%	2.6	%	0.000	%	0.0	%	0.000	%	0.0	%	1.231	%	2.6	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
01/12/2021	64,011,467.55		3		166,944,947.80		1		0.00		0		0.00		0		10,852,967.26		1		0.00		0		0.00		0		0.00		0
	6.385	%	7.0	%	16.652	%	2.3	%	0.000	%	0.0	%	0.000	%	0.0	%	1.083	%	2.3	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
12/11/2020	45,759,080.95		2		167,294,473.60		1		0.00		0		10,884,899.94		1		0.00		0		0.00		0		0.00		0		0.00		0
	4.287	%	4.3	%	15.675	%	2.2	%	0.000	%	0.0	%	1.020	%	2.2	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%
11/13/2020	43,549,696.40		2		167,666,465.43		1		0.00		0		0.00		0		10,918,506.17		1		0.00		0		0.00		0		0.00		0
	3.964	%	4.1	%	15.260	%	2.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.994	%	2.0	%	0.000	%	0.0	%	0.000	%	0.0	%	0.000	%	0.0	%

Reports Available at sf.citidirect.com Page 14 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Appraisal Reduction Detail

			Appraisal	Appraisal	Most Recent	Cumulative
Loan Number	OMCR	Property Name	Reduction Amount	Reduction Date	ASER Amount	ASER Amount
848100001	001	Park Place Mall	88,468,654.01	08/06/2021	0.00	0.00
848100005	005	Parkdale Mall & Crossing	34,443,555.56	06/07/2021	0.00	0.00
848100013	013	Champlain Centre	10,119,082.52	07/06/2021	43,423.79	133,238.09
Totals	3		133,031,292.09		43,423.79	133,238.09

Reports Available at sf.citidirect.com Page 15 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Historical Appraisal Reduction Detail

Distribution	Loan			Appraisal	Appraisal	Most Recent	Cumulative
Date	Number	OMCR	Property Name	Reduction Amount	Reduction Date	ASER Amount	ASER Amount
08/12/2021	848100001	001	Park Place Mall	88,468,654.01	08/06/2021	0.00	0.00
09/13/2021	848100001	001	Park Place Mall	88,468,654.01	08/06/2021	0.00	0.00
10/13/2021	848100001	001	Park Place Mall	88,468,654.01	08/06/2021	0.00	0.00
05/12/2021	848100005	005	Parkdale Mall & Crossing	18,236,338.81	05/06/2021	0.00	0.00
06/11/2021	848100005	005	Parkdale Mall & Crossing	34,443,555.56	06/07/2021	0.00	0.00
07/12/2021	848100005	005	Parkdale Mall & Crossing	34,443,555.56	06/07/2021	0.00	0.00
08/12/2021	848100005	005	Parkdale Mall & Crossing	34,443,555.56	06/07/2021	0.00	0.00
09/13/2021	848100005	005	Parkdale Mall & Crossing	34,443,555.56	06/07/2021	0.00	0.00
10/13/2021	848100005	005	Parkdale Mall & Crossing	34,443,555.56	06/07/2021	0.00	0.00
09/14/2020	848100013	013	Champlain Centre	7,391,999.39	09/08/2020	0.00	0.00
06/11/2021	848100013	013	Champlain Centre	7,461,895.91	06/07/2021	0.00	0.00
07/12/2021	848100013	013	Champlain Centre	10,119,082.52	07/06/2021	0.00	0.00
08/12/2021	848100013	013	Champlain Centre	10,119,082.52	07/06/2021	44,940.67	44,940.67
09/13/2021	848100013	013	Champlain Centre	10,119,082.52	07/06/2021	44,873.63	89,814.30
10/13/2021	848100013	013	Champlain Centre	10,119,082.52	07/06/2021	43,423.79	133,238.09
09/12/2013	848100028	028	The Hills	0.00	09/06/2013	0.00	0.00
10/11/2013	848100028	028	The Hills	0.00	09/06/2013	0.00	0.00
11/13/2013	848100028	028	The Hills	0.00	09/06/2013	0.00	0.00
12/12/2013	848100028	028	The Hills	0.00	09/06/2013	0.00	0.00
01/10/2014	848100028	028	The Hills	0.00	09/06/2013	0.00	0.00
02/12/2014	848100028	028	The Hills	0.00	09/06/2013	0.00	0.00
03/12/2014	848100028	028	The Hills	0.00	09/06/2013	0.00	0.00
04/11/2014	848100028	028	The Hills	0.00	09/06/2013	0.00	0.00
05/12/2014	848100028	028	The Hills	0.00	09/06/2013	0.00	0.00
06/12/2014	848100028	028	The Hills	0.00	09/06/2013	0.00	0.00
07/11/2014	848100028	028	The Hills	0.00	09/06/2013	0.00	0.00
09/12/2014	848100028	028	The Hills	620,955.51		3,149.45	3,149.45
10/10/2014	848100028	028	The Hills	620,955.51	09/06/2014	3,149.45	6,298.90
11/13/2014	848100028	028	The Hills	620,955.51	09/06/2014	3,149.45	9,448.35
12/12/2014	848100028	028	The Hills	620,955.51	09/06/2014	3,149.45	12,597.80

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Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Historical Appraisal Reduction Detail

Distribution	Loan			Appraisal	Appraisal	Most Recent	Cumulative
Date	Number	OMCR	Property Name	Reduction Amount	Reduction Date	ASER Amount	ASER Amount
01/12/2015	848100028	028	The Hills	620,955.51	09/06/2014	3,149.45	15,747.25
02/12/2015	848100028	028	The Hills	620,955.51	09/06/2014	3,149.45	18,896.70
03/12/2015	848100028	028	The Hills	620,955.51	09/06/2014	3,149.45	22,046.15
04/10/2015	848100028	028	The Hills	620,955.51	09/06/2014	3,149.45	25,195.60
05/12/2015	848100028	028	The Hills	620,955.51	09/06/2014	3,149.45	28,345.05
06/12/2015	848100028	028	The Hills	620,955.51	09/06/2014	3,149.45	31,494.50
07/10/2015	848100028	028	The Hills	620,955.51	09/06/2014	3,149.45	34,643.95
08/12/2015	848100028	028	The Hills	620,955.51	09/06/2014	3,149.45	37,793.40
09/14/2015	848100028	028	The Hills	620,955.51	09/06/2014	3,149.45	40,942.85
10/13/2015	848100028	028	The Hills	707,886.68	10/06/2015	3,474.54	44,417.39
11/13/2015	848100028	028	The Hills	707,886.68	10/06/2015	3,590.36	48,007.75
12/11/2015	848100028	028	The Hills	707,886.68	10/06/2015	3,474.54	51,482.29
01/12/2016	848100028	028	The Hills	707,886.68	10/06/2015	3,590.36	55,072.65
02/12/2016	848100028	028	The Hills	707,887.00	10/06/2015	3,590.36	58,663.01
03/11/2016	848100028	028	The Hills	707,887.00	03/09/2016	3,590.36	62,253.37
04/12/2016	848100028	028	The Hills	707,886.68	04/06/2016	3,590.36	65,843.73
05/12/2016	848100028	028	The Hills	707,886.68	10/06/2015	3,474.54	69,318.27
06/10/2016	848100028	028	The Hills	707,886.68	10/06/2015	3,474.54	72,792.81
07/12/2016	848100028	028	The Hills	707,886.68	10/06/2015	3,474.54	76,267.35
08/12/2016	848100028	028	The Hills	707,886.68	10/06/2015	3,590.36	79,857.71
09/12/2016	848100028	028	The Hills	707,886.68	10/06/2015	3,590.36	83,448.07
10/13/2016	848100028	028	The Hills	707,887.00	10/07/2016	3,590.36	87,038.43
11/14/2016	848100028	028	The Hills	707,887.00	10/06/2015	3,590.36	90,628.79
12/12/2016	848100028	028	The Hills	707,886.68	12/06/2016	3,474.54	94,103.33
01/12/2017	848100028	028	The Hills	707,886.68	12/06/2016	3,474.54	97,577.87
02/10/2017	848100028	028	The Hills	707,886.68	12/06/2016	3,590.36	101,168.23
03/10/2017	848100028	028	The Hills	7,950,269.01	03/06/2017	36,421.07	137,589.30
04/12/2017	848100028	028	The Hills	7,950,269.01	03/06/2017	40,323.32	177,912.62
05/12/2017	848100028	028	The Hills	7,950,269.01	03/06/2017	39,022.57	216,935.19
06/12/2017	848100028	028	The Hills	7,950,269.01	03/06/2017	40,323.32	257,258.51

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Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Historical Appraisal Reduction Detail

Distribution	Loan			Appraisal	Appraisal	Most Recent	Cumulative
Date	Number	OMCR	Property Name	Reduction Amount	Reduction Date	ASER Amount	ASER Amount
07/12/2017	848100028	028	The Hills	7,950,269.01	03/06/2017	39,022.57	296,281.08
08/11/2017	848100028	028	The Hills	7,950,269.01	03/06/2017	40,323.32	336,604.40
09/12/2017	848100028	028	The Hills	7,950,269.01	03/06/2017	40,323.33	376,927.73
10/13/2017	848100028	028	The Hills	7,950,269.01	03/06/2017	39,022.57	415,950.30
11/10/2017	848100028	028	The Hills	7,950,269.01	03/06/2017	40,323.32	456,273.62
12/12/2017	848100028	028	The Hills	7,950,269.01	03/06/2017	39,022.57	495,296.19
01/12/2018	848100028	028	The Hills	11,203,996.84	01/08/2018	56,826.04	552,122.23
02/12/2018	848100028	028	The Hills	11,203,996.84	02/06/2018	56,826.05	608,948.28
03/12/2018	848100028	028	The Hills	11,203,996.84	01/08/2018	51,326.75	660,275.03
04/12/2018	848100028	028	The Hills	11,203,996.84	01/08/2018	56,826.05	717,101.08
05/11/2018	848100028	028	The Hills	11,203,996.84	01/08/2018	54,992.96	772,094.04
06/12/2018	848100028	028	The Hills	0.00		0.00	772,094.04
01/12/2021	848100033	033	Holiday Inn Express Anchorage	0.00	12/07/2020	0.00	0.00
02/12/2021	848100033	033	Holiday Inn Express Anchorage	0.00	12/07/2020	0.00	0.00
03/12/2021	848100033	033	Holiday Inn Express Anchorage	0.00	12/07/2020	0.00	0.00
05/12/2021	848100033	033	Holiday Inn Express Anchorage	0.00	12/07/2020	0.00	0.00
06/11/2021	848100033	033	Holiday Inn Express Anchorage	0.00	12/07/2020	0.00	0.00

Reports Available at sf.citidirect.com Page 18 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Loan Modification Detail

			Modification	Modification	Modification
Loan Number	OMCR	Property Name	Date	Type (4)	Description
848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
848100013	013	Champlain Centre	4/6/20	8	Other
Totals	2

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Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Historical Loan Modification Detail

Distribution	Loan			Modification	Modification	Modification
Date	Number	OMCR	Property Name	Date	Type (4)	Description
09/14/2020	848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
10/13/2020	848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
11/13/2020	848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
12/11/2020	848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
01/12/2021	848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
02/12/2021	848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
03/12/2021	848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
04/12/2021	848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
05/12/2021	848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
06/11/2021	848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
07/12/2021	848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
08/12/2021	848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
09/13/2021	848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
10/13/2021	848100005	005	Parkdale Mall & Crossing	7/6/20	8	Other
09/14/2020	848100013	013	Champlain Centre	4/6/20	8	Other
10/13/2020	848100013	013	Champlain Centre	4/6/20	8	Other
11/13/2020	848100013	013	Champlain Centre	4/6/20	8	Other
12/11/2020	848100013	013	Champlain Centre	4/6/20	8	Other
01/12/2021	848100013	013	Champlain Centre	4/6/20	8	Other
02/12/2021	848100013	013	Champlain Centre	4/6/20	8	Other
03/12/2021	848100013	013	Champlain Centre	4/6/20	8	Other
04/12/2021	848100013	013	Champlain Centre	4/6/20	8	Other
05/12/2021	848100013	013	Champlain Centre	4/6/20	8	Other
06/11/2021	848100013	013	Champlain Centre	4/6/20	8	Other
07/12/2021	848100013	013	Champlain Centre	4/6/20	8	Other
08/12/2021	848100013	013	Champlain Centre	4/6/20	8	Other
09/13/2021	848100013	013	Champlain Centre	4/6/20	8	Other

Reports Available at sf.citidirect.com Page 20 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Historical Loan Modification Detail

Distribution	Loan			Modification	Modification	Modification
Date	Number	OMCR	Property Name	Date	Type (4)	Description
10/13/2021	848100013	013	Champlain Centre	4/6/20	8	Other
09/14/2020	848100016	016	Courtyard and Residence Inn - Franklin	8/6/20	8	Other
10/13/2020	848100016	016	Courtyard and Residence Inn - Franklin	8/6/20	8	Other
11/13/2020	848100016	016	Courtyard and Residence Inn - Franklin	8/6/20	8	Other
12/11/2020	848100016	016	Courtyard and Residence Inn - Franklin	8/6/20	8	Other
01/12/2021	848100016	016	Courtyard and Residence Inn - Franklin	8/6/20	8	Other
02/12/2021	848100016	016	Courtyard and Residence Inn - Franklin	8/6/20	8	Other
03/12/2021	848100016	016	Courtyard and Residence Inn - Franklin	8/6/20	8	Other
04/12/2021	848100016	016	Courtyard and Residence Inn - Franklin	8/6/20	8	Other
05/12/2021	848100016	016	Courtyard and Residence Inn - Franklin	8/6/20	8	Other
06/11/2021	848100016	016	Courtyard and Residence Inn - Franklin	8/6/20	8	Other
08/12/2020	848100054	054	Hampton Inn - Colorado Springs South	7/1/20	8	Other
09/14/2020	848100054	054	Hampton Inn - Colorado Springs South	7/1/20	8	Other
10/13/2020	848100054	054	Hampton Inn - Colorado Springs South	7/1/20	8	Other
11/13/2020	848100054	054	Hampton Inn - Colorado Springs South	7/1/20	8	Other
12/11/2020	848100054	054	Hampton Inn - Colorado Springs South	7/1/20	8	Other
01/12/2021	848100054	054	Hampton Inn - Colorado Springs South	7/1/20	8	Other
02/12/2021	848100054	054	Hampton Inn - Colorado Springs South	7/1/20	8	Other
03/12/2021	848100054	054	Hampton Inn - Colorado Springs South	7/1/20	8	Other
04/12/2021	848100054	054	Hampton Inn - Colorado Springs South	7/1/20	8	Other
05/12/2021	848100054	054	Hampton Inn - Colorado Springs South	7/1/20	8	Other
06/11/2021	848100054	054	Hampton Inn - Colorado Springs South	7/1/20	8	Other

Reports Available at sf.citidirect.com Page 21 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Specially Serviced Loan Detail

		Workout		Most Recent	Most Recent
Loan		Strategy		Inspection	Specially Serviced	Most Recent	Most Recent	Other REO
Number	OMCR	(3	)	Date	Transfer Date	Valuation Date	Value	Property Value	Comment from Special Servicer
848100001	001	1			9/16/20	7/14/21	88,000,000.00	0.00	See the loan supplemental file for comments.
848100005	005	2			2/2/21	3/22/21	41,200,000.00	0.00	See the loan supplemental file for comments.
848100009	009	2			7/12/21	4/6/11	66,000,000.00	0.00	See the loan supplemental file for comments.
848100013	013	13			4/7/21	6/1/21	21,000,000.00	0.00	See the loan supplemental file for comments.
Totals	4						216,200,000.00	0.00

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Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Historical Specially Serviced Loan Detail

			Special	Workout		Special			Property						Net
Distribution	Loan		Serviced	Strategy		Serviced	Scheduled	Actual	Type			Interest		Note	Operating			Maturity
Date	Number	OMCR	Trans Date	(3	)	Loan to MS	Balance	Balance	(1	)	State	Rate		Date	Income (NOI)	DSCR		Date	WART
10/13/21	848100001	001	9/16/20	1			163,581,966.25	164,693,778.30	12		AZ	5.180	%		6,430,409.04	0.98	%	5/6/21	0
9/13/21	848100001	001	9/16/20	1			163,969,914.85	165,076,948.21	12		AZ	5.180	%		6,430,409.04	0.98	%	5/6/21	0
8/12/21	848100001	001	9/16/20	1			164,332,652.00	165,076,948.21	12		AZ	5.180	%		3,253,114.04	0.99	%	5/6/21	0
7/12/21	848100001	001	9/16/20	1			164,693,778.32	165,434,769.30	12		AZ	5.180	%		3,253,114.04	0.99	%	5/6/21	0
6/11/21	848100001	001	9/16/20	13			165,076,948.23	165,814,754.40	12		AZ	5.180	%		3,253,114.04	0.99	%	5/6/21	0
5/12/21	848100001	001	9/16/20	13			165,434,769.32	166,169,299.00	12		AZ	5.180	%		12,215,484.04	1.24	%	5/6/21	0
4/12/21	848100001	001	9/16/20	13			165,814,754.37	166,593,862.90	12		AZ	5.180	%		12,215,484.04	1.24	%	5/6/21	1
3/12/21	848100001	001	9/16/20	13			166,169,299.05	166,944,947.80	12		AZ	5.180	%		12,215,484.04	1.24	%	5/6/21	2
2/12/21	848100001	001	9/16/20	13			166,593,862.96	167,294,473.60	12		AZ	5.180	%		12,215,484.04	1.24	%	5/6/21	3
1/12/21	848100001	001	9/16/20	13			166,944,947.80	167,666,465.40	12		AZ	5.180	%		12,215,484.04	1.24	%	5/6/21	4
12/11/20	848100001	001	9/16/20	13			167,294,473.60	168,012,787.10	12		AZ	5.180	%		12,215,484.04	1.24	%	5/6/21	5
11/13/20	848100001	001	9/16/20	13			167,666,465.43	168,381,691.50	12		AZ	5.180	%		8,406,762.00	1.28	%	5/6/21	6
10/13/20	848100001	001	9/16/20	13			168,012,787.13	168,724,837.10	12		AZ	5.180	%		8,406,762.00	1.28	%	5/6/21	7
10/13/21	848100005	005	2/2/21	2			70,246,910.76	70,246,910.76	12		TX	5.850	%		3,753,217.43	1.04	%	3/6/21	0
9/13/21	848100005	005	2/2/21	2			70,506,596.37	70,765,022.16	12		TX	5.850	%		3,753,217.43	1.04	%	3/6/21	0
8/12/21	848100005	005	2/2/21	2			70,765,022.16	70,765,022.16	12		TX	5.850	%		1,725,985.21	0.95	%	3/6/21	0
7/12/21	848100005	005	2/2/21	2			71,023,435.82	71,278,118.67	12		TX	5.850	%		1,725,985.21	0.95	%	3/6/21	0
6/11/21	848100005	005	2/2/21	2			71,532,801.54	71,532,801.53	12		TX	5.850	%		6,052,763.00	1.11	%	3/6/21	0
5/12/21	848100005	005	2/2/21	2			71,532,801.54	71,786,248.84	12		TX	5.850	%		6,052,763.00	1.11	%	3/6/21	0
4/12/21	848100005	005	2/2/21	13			72,945,355.24	73,679,206.55	12		TX	5.850	%		6,052,763.00	1.11	%	3/6/21	0
3/12/21	848100005	005	2/2/21	13			73,313,173.10	73,679,206.55	12		TX	5.850	%		6,052,763.00	1.11	%	3/6/21	0
2/12/21	848100005	005	2/2/21	13			73,679,206.55	74,043,464.24	12		TX	5.850	%		6,052,763.00	1.11	%	3/6/21	1
10/13/21	848100009	009	7/12/21	2			34,247,415.15	34,568,591.10	12		KY	4.900	%		2,794,912.15	2.09	%	7/6/21	0
9/13/21	848100009	009	7/12/21	2			34,330,535.40	34,568,591.10	12		KY	4.900	%		1,325,049.58	1.98	%	7/6/21	0
8/12/21	848100009	009	7/12/21	13			34,408,653.27	34,568,591.10	12		KY	4.900	%		1,325,049.58	1.98	%	7/6/21	0
10/13/21	848100013	013	4/7/21	13		9/23/20	28,970,378.68	29,351,335.80	12		NY	5.228	%		2,090,961.63	1.81	%	5/6/21	0

Reports Available at sf.citidirect.com Page 23 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5

9/13/21	848100013	013	4/7/21	13	9/23/20	29,036,671.50	29,351,335.80	12	NY	5.228	%	1,010,522.77	1.75	%	5/6/21	0
8/12/21	848100013	013	4/7/21	13	9/23/20	29,098,469.77	29,351,335.80	12	NY	5.228	%	1,010,522.77	1.75	%	5/6/21	0
7/12/21	848100013	013	4/7/21	13	9/23/20	29,159,991.11	29,351,335.80	12	NY	5.228	%	1,010,522.77	1.75	%	5/6/21	0
6/11/21	848100013	013	4/7/21	13	9/23/20	29,225,461.51	29,351,335.80	12	NY	5.228	%	1,010,522.77	1.75	%	5/6/21	0
5/12/21	848100013	013	4/7/21	13	9/23/20	29,286,413.76	29,351,335.80	12	NY	5.228	%	1,662,541.00	0.96	%	5/6/21	0
4/12/21	848100013	013	4/7/21	13	9/23/20	29,351,335.82	29,351,335.80	12	NY	5.228	%	1,662,541.00	0.96	%	5/6/21	1
3/12/21	848100013	013	5/15/20	8	9/23/20	29,495,375.06	29,566,399.35	12	NY	5.228	%	1,662,541.00	0.96	%	5/6/21	2
2/12/21	848100013	013	5/15/20	8	9/23/20	29,567,940.66	29,627,358.16	12	NY	5.228	%	1,662,541.00	0.96	%	5/6/21	3
1/12/21	848100013	013	5/15/20	8	9/23/20	29,627,358.26	29,686,509.49	12	NY	5.228	%	1,662,541.00	0.96	%	5/6/21	4
12/11/20	848100013	013	5/15/20	8	9/23/20	29,686,509.59	29,749,696.30	12	NY	5.228	%	1,662,541.00	0.96	%	5/6/21	5
11/13/20	848100013	013	5/15/20	8	9/23/20	29,749,696.40	29,808,299.40	12	NY	5.228	%	867,299.00	0.75	%	5/6/21	6
10/13/20	848100013	013	5/15/20	8	9/23/20	29,808,299.50	29,808,299.50	12	NY	5.228	%	867,299.00	0.75	%	5/6/21	7
9/14/20	848100013	013	5/15/20	98		29,870,957.96	29,870,957.96	12	NY	5.228	%	867,299.00	0.75	%	5/6/21	8
8/12/20	848100013	013	5/15/20	98		29,567,997.55	29,870,957.96	12	NY	5.228	%	778,878.00	1.35	%	5/6/21	9
7/10/20	848100013	013	5/15/20	98		29,627,414.80	29,870,957.96	12	NY	5.228	%	778,878.00	1.35	%	5/6/21	10
6/12/20	848100013	013	5/15/20	98		29,690,857.82	29,870,957.96	12	NY	5.228	%	2,493,232.00	1.44	%	5/6/21	11
6/12/18	848100028	028	4/29/13	7		0.00	0.00	17	TX	5.960	%	909,882.00	1.64	%	3/6/16	0
5/11/18	848100028	028	4/29/13	7		13,954,871.59	14,883,150.24	17	TX	5.960	%	909,882.00	1.64	%	3/6/16	0
4/12/18	848100028	028	4/29/13	7		13,977,979.72	14,883,150.24	17	TX	5.960	%	909,882.00	1.64	%	3/6/16	0
3/12/18	848100028	028	4/29/13	7		13,998,667.55	14,883,150.24	17	TX	5.960	%	909,882.00	1.64	%	3/6/16	0
2/12/18	848100028	028	4/29/13	7		14,026,180.51	14,956,746.41	17	TX	5.960	%	909,882.00	1.64	%	3/6/16	0
1/12/18	848100028	028	4/29/13	7		14,046,622.22	14,956,746.41	17	TX	5.960	%	909,882.00	1.64	%	3/6/16	0
12/12/17	848100028	028	4/29/13	7		14,066,959.56	14,956,746.41	17	TX	5.960	%	909,882.00	1.64	%	3/6/16	0
11/10/17	848100028	028	4/29/13	7		14,089,513.74	15,006,048.81	17	TX	5.960	%	909,882.00	1.64	%	3/6/16	0
10/13/17	848100028	028	4/29/13	7		14,109,632.07	15,087,381.40	17	TX	5.960	%	909,882.00	1.64	%	3/6/16	0
9/12/17	848100028	028	4/29/13	7		14,131,975.36	15,087,381.40	17	TX	5.960	%	909,882.00	1.64	%	3/6/16	0
8/11/17	848100028	028	4/29/13	7		14,151,876.88	15,087,381.40	17	TX	5.960	%	594,565.00	2.14	%	3/6/16	0
7/12/17	848100028	028	4/29/13	7		14,171,676.79	15,087,381.40	17	TX	5.960	%	594,565.00	2.14	%	3/6/16	0
6/12/17	848100028	028	4/29/13	7		14,193,713.45	15,087,381.40	17	TX	5.960	%	594,565.00	2.14	%	3/6/16	0
5/12/17	848100028	028	4/29/13	7		14,213,299.74	15,087,381.40	17	TX	5.960	%	926,045.00	1.11	%	3/6/16	0
4/12/17	848100028	028	4/29/13	7		14,235,130.69	15,087,381.40	17	TX	5.960	%	926,045.00	1.11	%	3/6/16	0

Reports Available at sf.citidirect.com Page 24 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5

3/10/17	848100028	028	4/29/13	7	14,254,505.50	15,087,381.40	17	TX	5.960	%	926,045.00	1.11	%	3/6/16	0
2/10/17	848100028	028	4/29/13	7	14,280,837.98	15,087,381.40	17	TX	5.960	%	926,045.00	1.11	%	3/6/16	0
1/12/17	848100028	028	4/29/13	7	14,299,979.41	15,087,381.40	17	TX	5.960	%	926,045.00	1.11	%	3/6/16	0
12/12/16	848100028	028	4/29/13	7	14,319,023.10	15,087,381.40	17	TX	5.960	%	926,045.00	1.11	%	3/6/16	0
11/14/16	848100028	028	4/29/13	7	14,340,331.55	15,087,381.40	17	TX	5.960	%	787,521.00	0.95	%	3/6/16	0
10/13/16	848100028	028	4/29/13	7	14,359,169.20	15,087,381.40	17	TX	5.960	%	787,521.00	0.95	%	3/6/16	0
9/12/16	848100028	028	4/29/13	7	14,380,279.25	15,087,381.40	17	TX	5.960	%	787,521.00	0.95	%	3/6/16	0
8/12/16	848100028	028	4/29/13	7	14,398,912.93	15,087,381.40	17	TX	5.960	%	787,521.00	0.95	%	3/6/16	0
7/12/16	848100028	028	4/29/13	7	14,417,451.47	15,087,381.40	17	TX	5.960	%	787,521.00	0.95	%	3/6/16	0
6/10/16	848100028	028	4/29/13	7	14,438,273.48	15,087,381.40	17	TX	5.960	%	787,521.00	0.95	%	3/6/16	0
5/12/16	848100028	028	4/29/13	7	14,456,611.04	15,087,381.40	17	TX	5.960	%	787,521.00	0.95	%	3/6/16	0
4/12/16	848100028	028	4/29/13	7	14,477,239.52	15,087,381.40	17	TX	5.960	%	787,521.00	0.95	%	3/6/16	0
3/11/16	848100028	028	4/29/13	7	14,495,378.12	15,087,381.40	17	TX	5.960	%	787,521.00	0.95	%	3/6/16	0
2/12/16	848100028	028	4/29/13	7	14,518,206.70	15,087,381.40	17	TX	5.960	%	787,521.00	0.95	%	3/6/16	1
1/12/16	848100028	028	4/29/13	7	14,536,136.12	15,087,381.40	17	TX	5.960	%	787,521.00	0.95	%	3/6/16	2
12/11/15	848100028	028	4/29/13	7	14,553,973.99	15,087,381.40	17	TX	5.960	%	787,521.00	0.95	%	3/6/16	3
11/13/15	848100028	028	4/29/13	7	14,574,121.29	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	4
10/13/15	848100028	028	4/29/13	7	14,591,765.21	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	5
9/14/15	848100028	028	4/29/13	7	14,611,725.74	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	6
8/12/15	848100028	028	4/29/13	7	14,629,177.65	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	7
7/10/15	848100028	028	4/29/13	7	14,646,540.45	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	8
6/12/15	848100028	028	4/29/13	7	14,666,230.27	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	9
5/12/15	848100028	028	4/29/13	7	14,683,403.88	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	10
4/10/15	848100028	028	4/29/13	7	14,702,911.52	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	11
3/12/15	848100028	028	4/29/13	7	14,719,897.83	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	12
2/12/15	848100028	028	4/29/13	7	14,744,082.91	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	13
1/12/15	848100028	028	4/29/13	7	14,760,859.00	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	14
12/12/14	848100028	028	4/29/13	7	14,777,549.43	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	15
11/13/14	848100028	028	4/29/13	7	14,796,591.79	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	16
10/10/14	848100028	028	4/29/13	7	14,813,099.77	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	17
9/12/14	848100028	028	4/29/13	7	14,831,966.44	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	18

Reports Available at sf.citidirect.com Page 25 of 33 © Copyright 2021 Citigroup

Distribution Date:		10/13/2021			GS Mortgage Securities Trust 2011-GC5
Determination Date:		10/06/2021
					Commercial Mortgage Pass-Through Certificates,
					Series 2011-GC5
8/12/14	848100028	028	4/29/13	7	14,848,293.80 15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%

														3/6/16	19
7/11/14	848100028	028	4/29/13	7	14,864,537.80	15,087,381.40	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	20
6/12/14	848100028	028	4/29/13	7	14,883,150.25	15,087,381.41	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	21
5/12/14	848100028	028	4/29/13	7	14,899,216.26	15,087,381.41	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	22
4/11/14	848100028	028	4/29/13	7	14,917,657.33	15,087,381.41	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	23
3/12/14	848100028	028	4/29/13	7	14,933,547.15	15,087,381.41	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	24
2/12/14	848100028	028	4/29/13	7	14,956,746.42	15,087,381.41	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	25
1/10/14	848100028	028	4/29/13	7	14,972,436.65	15,087,381.41	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	26
12/12/13	848100028	028	4/29/13	7	14,988,046.76	15,087,381.41	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	27
11/13/13	848100028	028	4/29/13	7	15,006,048.82	15,119,841.50	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	28
10/11/13	848100028	028	4/29/13	7	15,021,487.31	15,119,841.50	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	29
9/12/13	848100028	028	4/29/13	7	15,039,324.10	15,119,841.50	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	30
8/12/13	848100028	028	4/29/13	7	15,054,592.68	15,119,841.50	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	31
7/12/13	848100028	028	4/29/13	7	15,069,783.30	15,119,841.50	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	32
6/12/13	848100028	028	4/29/13	13	15,087,381.41	15,119,841.50	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	33
5/10/13	848100028	028	4/29/13	13	15,102,404.61	15,119,841.50	17	TX	5.960	%	1,683,459.00	2.02	%	3/6/16	34
7/12/21	848100033	033	8/10/20	98	0.00	0.00	19	AK	6.100	%	1,203,885.00	1.13	%	7/6/21	0
6/11/21	848100033	033	8/10/20	98	10,683,351.19	11,014,624.15	19	AK	6.100	%	1,203,885.00	1.13	%	7/6/21	1
5/12/21	848100033	033	8/10/20	98	10,716,170.17	11,014,624.15	19	AK	6.100	%	1,203,885.00	1.13	%	7/6/21	2
4/12/21	848100033	033	8/10/20	98	10,750,629.78	11,014,624.15	19	AK	6.100	%	1,203,885.00	1.13	%	7/6/21	3
3/12/21	848100033	033	8/10/20	98	10,783,097.21	11,014,624.15	19	AK	6.100	%	1,203,885.00	1.13	%	7/6/21	4
2/12/21	848100033	033	8/10/20	98	10,820,866.85	11,014,624.15	19	AK	6.100	%	1,203,885.00	1.13	%	7/6/21	5
1/12/21	848100033	033	8/10/20	98	10,852,967.26	11,045,712.12	19	AK	6.100	%	1,203,885.00	1.13	%	7/6/21	6
12/11/20	848100033	033	8/10/20	98	10,884,899.94	11,045,712.12	19	AK	6.100	%	1,203,885.00	1.13	%	7/6/21	7
11/13/20	848100033	033	8/10/20	98	10,918,506.17	11,109,259.20	19	AK	6.100	%	1,203,885.00	1.13	%	7/6/21	8
10/13/20	848100033	033	8/10/20	98	10,950,096.39	11,109,259.20	19	AK	6.100	%	1,203,885.00	1.13	%	7/6/21	9
9/14/20	848100033	033	8/10/20	13	10,983,372.88	11,109,259.20	19	AK	6.100	%	1,203,885.00	1.13	%	7/6/21	10

Reports Available at sf.citidirect.com Page 26 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Unscheduled Principal Detail

		Liquidation /	Liquid / Prepay	Unscheduled	Unscheduled	Other	Prepayment Interest	Prepayment	Yield Maintenance
Loan Number	OMCR	Prepayment Date	Type (5)	Principal Collections	Principal Adjustments	Interest Adjustments	Excess / (Shortfall)	Penalties	Penalties
There is no unscheduled principal activity for the current distribution period.
Totals

Reports Available at sf.citidirect.com Page 27 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Historical Unscheduled Principal Detail

Distribution	Loan		Liquidation /	Liquid / Prepay	Unscheduled		Unscheduled	Other	Prepayment Interest	Prepayment	Yield Maintenance
Date	Number	OMCR	Prepayment Date	Type (5)	Principal Collections		Principal Adjustments	Interest Adjustments	Excess / (Shortfall)	Penalties	Penalties
4/12/16	848100003	003	4/6/16	2	111,748,997.72		0.00		0.00	0.00	0.00
4/12/16	848100004	004	4/6/16	2	88,059,830.66		0.00		0.00	0.00	0.00
8/12/21	848100005	005		0	1,247.64		0.00		0.00	0.00	0.00
7/12/21	848100005	005		0	254,682.86		0.00		0.00	0.00	0.00
5/12/21	848100005	005	4/6/21	1	1,164,757.04		0.00		0.00	0.00	0.00
1/12/21	848100005	005		0	121,814.31		0.00		0.00	0.00	0.00
9/14/20	848100005	005		0	(482,525.78	)	0.00		0.00	0.00	0.00
5/12/21	848100006	006	5/6/21	5	50,712,727.07		0.00		0.00	0.00	0.00
2/12/21	848100007	007	2/5/21	5	58,400,000.00		0.00		0.00	0.00	0.00
2/12/21	848100008	008	2/8/21	2	46,670,000.00		0.00		0.00	0.00	0.00
1/12/21	848100010	010	1/6/21	5	32,317,273.18		0.00		0.00	0.00	0.00
1/12/21	848100011	011	1/6/21	2	24,098,302.84		0.00		0.00	0.00	0.00
1/12/21	848100012	012	1/6/21	2	6,468,537.36		0.00		0.00	0.00	0.00
4/12/21	848100013	013	3/6/21	1	84,027.52		0.00		0.00	0.00	0.00
9/14/20	848100013	013		0	(302,960.41	)	0.00		0.00	0.00	0.00
3/12/21	304101036	014	3/1/21	5	29,099,156.54		0.00		0.00	0.00	0.00
6/11/21	848100016	016	6/4/21	2	26,823,874.10		0.00		0.00	0.00	0.00
5/12/21	848100017	017	5/6/21	5	22,835,404.85		0.00		0.00	0.00	0.00
4/12/21	304101030	018	4/6/21	5	21,738,096.88		0.00		0.00	0.00	0.00
1/12/16	848100020	020	1/6/16	5	22,266,679.98		0.00		0.00	0.00	0.00
6/11/21	848100021	021	6/4/21	5	16,999,103.28		0.00		0.00	0.00	0.00
3/12/21	848100022	022	3/8/21	2	16,167,652.15		0.00		0.00	0.00	0.00
3/12/21	848100023	023	3/8/21	2	15,969,462.96		0.00		0.00	0.00	0.00
1/12/16	848100024	024	1/6/16	5	16,379,643.23		0.00		0.00	0.00	0.00
4/12/16	848100025	025	4/6/16	2	15,525,577.12		0.00		0.00	0.00	0.00
										© Copyright 2021 Citigroup

Reports Available at sf.citidirect.com Page 28 of 33

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Historical Unscheduled Principal Detail

Distribution	Loan		Liquidation /	Liquid / Prepay	Unscheduled	Unscheduled		Other	Prepayment Interest	Prepayment	Yield Maintenance
Date	Number	OMCR	Prepayment Date	Type (5)	Principal Collections	Principal Adjustments		Interest Adjustments	Excess / (Shortfall)	Penalties	Penalties
5/12/21	848100026	026	5/6/21	5	13,752,427.69	0.00			0.00	0.00	0.00
11/13/18	848100028	028	5/10/18	3	0.00	(35,835.30	)		0.00	0.00	0.00
6/12/18	848100028	028	5/10/18	3	7,379,915.96	0.00			0.00	0.00	0.00
6/11/21	848100029	029	6/4/21	5	11,460,175.11	0.00			0.00	0.00	0.00
4/12/16	304101025	030	4/6/16	2	14,780,000.00	0.00			0.00	0.00	0.00
5/12/21	304101024	031	5/6/21	2	12,226,118.97	0.00			0.00	0.00	0.00
12/11/20	848100032	032	12/4/20	2	13,800,000.00	0.00			0.00	0.00	0.00
7/12/21	848100033	033	7/7/21	3	10,648,549.59	0.00			0.00	0.00	0.00
2/12/21	848100034	034	2/6/21	5	9,096,003.08	0.00			0.00	0.00	0.00
6/11/21	848100035	035	5/27/21	2	11,559,158.33	0.00			0.00	0.00	0.00
3/12/21	848100039	039	3/5/21	2	10,269,941.06	0.00			0.00	0.00	0.00
3/12/21	848100040	040	3/5/21	2	10,015,370.57	0.00			0.00	0.00	0.00
4/12/21	848100041	041	4/7/21	2	10,186,641.42	0.00			0.00	0.00	0.00
3/11/16	848100042	042	3/4/16	2	11,500,000.00	0.00			0.00	0.00	0.00
3/12/21	848100043	043	3/5/21	5	9,418,328.23	0.00			0.00	0.00	0.00
8/12/16	848100044	044	8/8/16	5	10,114,195.27	0.00			0.00	0.00	0.00
1/12/15	848100045	045	12/29/14	9	10,700,000.00	0.00			0.00	0.00	636,617.32
4/12/21	848100046	046	4/5/21	5	8,965,419.77	0.00			0.00	0.00	0.00
12/11/20	848100048	048	12/4/20	5	8,061,979.16	0.00			0.00	0.00	0.00
7/12/21	304101022	049	6/30/21	5	7,836,812.80	0.00			0.00	0.00	0.00
2/12/21	848100050	050	1/8/21	2	8,006,416.75	0.00			0.00	0.00	0.00
12/11/20	304101027	051	12/4/20	2	7,984,790.48	0.00			0.00	0.00	0.00
4/12/21	848100052	052	4/6/21	2	7,695,707.85	0.00			0.00	0.00	0.00
6/11/21	848100054	054	6/4/21	2	7,235,177.31	0.00			0.00	0.00	0.00
4/12/21	848100055	055	4/6/21	5	6,413,070.67	0.00			0.00	0.00	0.00

Reports Available at sf.citidirect.com Page 29 of 33 © Copyright 2021 Citigroup

Distribution Date:	10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:	10/06/2021
		Commercial Mortgage Pass-Through Certificates,
		Series 2011-GC5
		Historical Unscheduled Principal Detail

Distribution	Loan		Liquidation /	Liquid / Prepay	Unscheduled		Unscheduled	Other	Prepayment Interest	Prepayment	Yield Maintenance
Date	Number	OMCR	Prepayment Date	Type (5)	Principal Collections		Principal Adjustments	Interest Adjustments	Excess / (Shortfall)	Penalties	Penalties
3/12/21	304101037	056	3/1/21	5	6,492,356.86		0.00		0.00	0.00	0.00
8/12/13	304101037	056		0	(744.32	)	0.00		0.00	0.00	0.00
4/12/16	848100057	057	3/10/16	2	6,468,872.58		0.00		0.00	0.00	0.00
5/12/21	848100058	058	5/4/21	2	5,921,089.13		0.00		0.00	0.00	0.00
3/12/21	304101039	059	3/1/21	5	6,094,865.44		0.00		0.00	0.00	0.00
3/12/21	304101038	060	3/1/21	2	5,962,368.24		0.00		0.00	0.00	0.00
4/12/21	848100061	061	4/7/21	2	5,495,015.97		0.00		0.00	0.00	0.00
6/11/21	848100062	062	6/4/21	5	4,376,808.80		0.00		0.00	0.00	0.00
3/12/21	304101040	063	3/1/21	5	4,858,226.54		0.00		0.00	0.00	0.00
8/12/13	304101040	063		0	(556.98	)	0.00		0.00	0.00	0.00
5/12/21	848100064	064	5/6/21	2	3,860,223.26		0.00		0.00	0.00	0.00
5/12/16	304101026	065	4/20/16	2	4,178,983.23		0.00		0.00	0.00	0.00
6/11/21	848100066	066	6/6/21	2	3,454,930.04		0.00		0.00	0.00	0.00
3/12/21	848100070	070	3/5/21	2	2,871,242.68		0.00		0.00	0.00	0.00
4/12/16	848100072	072	3/30/16	2	3,250,000.00		0.00		0.00	0.00	0.00
6/11/21	848100073	073	6/4/21	5	2,594,901.61		0.00		0.00	0.00	0.00
4/12/21	848100074	074	4/7/21	2	1,595,319.55		0.00		0.00	0.00	0.00

Reports Available at sf.citidirect.com Page 30 of 33 © Copyright 2021 Citigroup

Distribution Date:		10/13/2021		GS Mortgage Securities Trust 2011-GC5
Determination Date:		10/06/2021
				Commercial Mortgage Pass-Through Certificates,
						Series 2011-GC5
Liquidated Loan Detail
Loan		Final Recovery	Most Recent	Most Recent	Actual	Gross	Proceeds	Liquidation	Net Liquidation	Net Proceeds	Realized	Repurchased by
Number	OMCR	Determ Date	Appraisal Date	Appraisal Value	Balance	Proceeds	as % of Act Bal	Expenses	Proceeds	as a % of Act Bal	Losses	Seller (Y/N)
848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	0.00
848100033	033			0.00	0.00	0.00	0.00	1,814,655.38	12,498,006.57	0.00	0.00
Totals	2				0.00	0.00	0.00	6,116,158.09	24,200,337.84	0.00	0.00
Reports Available at sf.citidirect.com						Page 31 of 33				© Copyright 2021 Citigroup

Distribution Date:		10/13/2021			GS Mortgage Securities Trust 2011-GC5
Determination Date:		10/06/2021
Commercial Mortgage Pass-Through Certificates,
Series 2011-GC5
Historical Liquidated Loan Detail
Distribution	Loan		Final Recovery	Most Recent	Most Recent	Actual	Gross	Gross Proceeds	Liquidation	Net Liquidation	Net Proceeds	Realized Repurchased by
Date	Number	OMCR	Determ Date	Appraisal Date	Appraisal Value	Balance	Proceeds	as % of Act Bal	Expenses	Proceeds	as a % of Act Bal Loss		Seller (Y/N)
10/13/21	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	0.00
10/13/21	848100033	033			0.00	0.00	0.00	0.00	1,814,655.38	12,498,006.57	0.00	0.00
7/12/21	848100033	033		10/13/20	15,300,000.00	0.00	10,683,351.19	0.00	1,814,655.38	12,498,006.57	0.00	0.00
3/12/20	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	0.00
2/12/20	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	0.00
1/10/20	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	0.00
12/12/19	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	20.42
11/13/19	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	41.72
10/11/19	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	0.00
9/12/19	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	131.79
8/12/19	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	0.00
7/12/19	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	-22,576.31
4/12/19	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	0.00
3/12/19	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	0.00
1/11/19	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	-4,966.80
11/13/18	848100028	028			0.00	0.00	-35,835.30	0.00	0.00	-35,835.30	0.00	35,835.30
10/15/18	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	0.00
9/12/18	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	0.00
8/10/18	848100028	028			0.00	0.00	0.00	0.00	4,301,502.71	11,702,331.27	0.00	0.00
6/12/18	848100028	028		11/7/17	8,300,000.00	0.00	13,954,871.59	0.00	4,301,502.71	11,702,331.27	0.00	6,554,043.03
Reports Available at sf.citidirect.com							Page 32 of 33				© Copyright 2021 Citigroup

Distribution Date:			10/13/2021	GS Mortgage Securities Trust 2011-GC5
Determination Date:			10/06/2021
				Commercial Mortgage Pass-Through Certificates,
						Series 2011-GC5
						CREFC® Legends
(1) Property Type				(3) Workout Strategy			(5) Liquidation / Prepayment Type
MF = Multifamily				1	.	Modification	1	.	Partial Liquidation (Curtailment)
RT = Retail				2	.	Foreclosure	2	.	Payoff Prior To Maturity
HC = HealthCare				3	.	Bankruptcy	3	.	Disposition / Liquidation
IN = Industrial				4	.	Extension	4	.	Repurchase / Substitution
WH = Warehouse				5	.	Note Sale	5	.	Full Payoff At Maturity
MH = Mobile Home Park				6	.	DPO	6	.	DPO
OF = Office				7	.	REO	7	.	Liquidation prior to 7/1/2006
MU = Mixed Use				8	.	Resolved	8	.	Payoff With Penalty
LO = Lodging				9	.	Pending Return to Master Servicer	9	.	Payoff With Yield Maintenance
SS = Self Storage				10. Deed In Lieu of Foreclosure			10. Curtailment With Penalty
OT = Other				11. Full Payoff			11. Curtailment With Yield Maintenance
SE = Securities				12. Reps and Warranties
CH = Cooperative Housing				13. Other or TBD
N/A = Not Available				98. Not Provided By Servicer
(2) Payment Status				(4) Modification Type
A.		In Grace Period		1	.	Maturity Date Extension
B.		Late, but less than 30 Days		2	.	Amortization Change
0	.	Current		3	.	Principal Write-Off
1	.	30-59 Days Delinquent		4	.	Blank (formerly Combination)
2	.	60-89 Days Delinquent		5	.	Temporary Rate Reduction
3	.	90-120 Days Delinquent		6	.	Capitalization of Interest
4	.	Performing Matured Balloon		7	.	Capitalization of Taxes
5	.	Non Performing Matured Balloon		8	.	Other
6. 121+ Days Delinquent				9	.	Combination
Reports Available at sf.citidirect.com						Page 33 of 33			© Copyright 2021 Citigroup