8-K 1 wbt03c08_may.txt MAY 8K 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: May 17, 2004 (Date of earliest event reported) Commission File No.: 333-108944-01 Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003-C8 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) 54-6593425 54-2135796 54-2135797 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events On May 17, 2004, a distribution was made to holders of Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2003-C8. ITEM 7. Financial Statements and Exhibits (c) Exhibits Item 601(a) of Regulation S-K Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2003-C8, relating to the May 17, 2004 distribution. 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. Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2003-C8 By: Wells Fargo Bank, N.A. as Trustee By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: May 17, 2004 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certificates, Series 2003-C8, relating to the May 17, 2004 distribution. Wells Fargo Bank, N.A. Corporate Trust Services 9062 Old Annapolis Road Columbia, MD 21045-1951 Wachovia Bank Commercial Mortgage Trust Commercial Mortgage Pass-Through Certificates Series 2003-C8 For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: May 17, 2004 Record Date: April 30, 2004 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 10 Mortgage Loan Detail 11 - 12 Principal Prepayment Detail 13 Historical Detail 14 Delinquency Loan Detail 15 Specially Serviced Loan Detail 16 - 17 Modified Loan Detail 18 Liquidated Loan Detail 19 Depositor Wachovia Commercial Mortgage Securities, Inc. 301 South College Street Charlotte, NC 28288-1016 Contact: Tim Steward Phone Number: (704) 593-7822 Master Servicer Wachovia Bank, National Association 8739 Research Drive URP 4, NC1075 Charlotte, NC 28262 Contact: Timothy S. Ryan Phone Number: (704) 593-7878 Special Servicer Clarion Partners, LLC 335 Madison Avenue, 7th Floor New York, NY 10017 Contact: Bruce G. Morrison Phone Number: (212) 883-2500 This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2004, Wells Fargo Bank, N.A.

Certificate Distribution Detail Class CUSIP Pass-Through Original Beginning Principal Interest Rate Balance Balance Distribution Distribution A-1 929766LV3 3.444000% 164,790,000.00 ~~160~~159,~~565~~560,~~057~~433.2218 1,~~004~~092,~~624~~197.0454 ~~460~~457,~~821~~938.7144 A-2 929766LW1 3.894000% 186,550,000.00 186,550,000.00 0.00 605,354.75 A-3 929766LX9 4.445000% 241,738,000.00 241,738,000.00 0.00 895,437.84 A-4 929766LY7 4.964000% 213,104,000.00 213,104,000.00 0.00 881,540.21 B 929766LZ4 5.030000% 29,227,000.00 29,227,000.00 0.00 122,509.84 C 929766MA8 4.~~908916~~781904% 13,396,000.00 13,396,000.00 0.00 5453,~~799~~381.8699 D 929766MB6 4.~~948916~~821904% 28,009,000.00 28,009,000.00 0.00 ~~115~~112,~~511~~547.8127 E 929766MC4 54.~~028916~~901904% 13,396,000.00 13,396,000.00 0.00 5654,~~139~~721.4659 F 929766MD2 5.~~158916~~031904% 15,831,000.00 15,831,000.00 0.00 6866,~~058~~383.9940 G 929766ME0 5.~~158916~~031904% 12,178,000.00 12,178,000.00 0.00 5251,~~354~~065.4044 H 929766MF7 5.~~158916~~031904% 15,831,000.00 15,831,000.00 0.00 6866,~~058~~383.9940 J 929766MG5 5.~~158916~~031904% 7,307,000.00 7,307,000.00 0.00 3130,~~413~~640.5010 K 929766MH3 5.~~158916~~031904% 6,089,000.00 6,089,000.00 0.00 2625,~~177~~532.2072 L 929766MJ9 5.~~158916~~031904% 4,871,000.00 4,871,000.00 0.00 20,~~940~~425.9034 M 929766MK6 5.~~158916~~031904% 2,436,000.00 2,436,000.00 0.00 10,~~472~~214.6077 N 929766ML4 5.~~158916~~031904% 4,871,000.00 4,871,000.00 0.00 20,~~940~~425.9034 O 929766MM2 5.~~158916~~031904% 2,436,000.00 2,436,000.00 0.00 10,~~472~~214.6077 P 929766MN0 5.~~158916~~031904% 12,178,293.84 12,178,293.84 0.00 5251,~~355~~066.6667 Z N/A 0.000000% 0.00 0.00 0.00 0.00 RI N/A 0.000000% 0.00 0.00 0.00 0.00 RII N/A 0.000000% 0.00 0.00 0.00 0.00 Totals 974,238,293.84 ~~970~~969,~~013~~008,~~351~~727.0602 1,~~004~~092,~~624~~197.0454 3,~~553~~535,~~361~~783.2288

Class CUSIP Prepayment Realized Loss/ Total Ending Current Penalties Additional Trust Distribution Balance Subordination Fund Expenses Level (1) A-1 929766LV3 0.00 0.00 1,~~465~~550,~~445~~135.7598 ~~159~~158,~~560~~468,~~433~~235.1864 17.3436% A-2 929766LW1 0.00 0.00 605,354.75 186,550,000.00 17.3436% A-3 929766LX9 0.00 0.00 895,437.84 241,738,000.00 17.3436% A-4 929766LY7 0.00 0.00 881,540.21 213,104,000.00 17.3436% B 929766LZ4 0.00 0.00 122,509.84 29,227,000.00 14.3334% C 929766MA8 0.00 0.00 5453,~~799~~381.8699 13,396,000.00 12.9496% D 929766MB6 0.00 0.00 ~~115~~112,~~511~~547.8127 28,009,000.00 10.0507% E 929766MC4 0.00 0.00 5654,~~139~~721.4659 13,396,000.00 8.6768% F 929766MD2 0.00 0.00 6866,~~058~~383.9940 15,831,000.00 7.0405% G 929766ME0 0.00 0.00 5251,~~354~~065.4044 12,178,000.00 5.7879% H 929766MF7 0.00 0.00 6866,~~058~~383.9940 15,831,000.00 4.15% J 929766MG5 0.00 0.00 3130,~~413~~640.5010 7,307,000.00 3.3940% K 929766MH3 0.00 0.00 2625,~~177~~532.2072 6,089,000.00 2.7677% L 929766MJ9 0.00 0.00 20,~~940~~425.9034 4,871,000.00 2.26% M 929766MK6 0.00 0.00 10,~~472~~214.6077 2,436,000.00 2.01% N 929766ML4 0.00 0.00 20,~~940~~425.9034 4,871,000.00 1.51% O 929766MM2 0.00 0.00 10,~~472~~214.6077 2,436,000.00 1.26% P 929766MN0 0.00 0.00 5251,~~355~~066.6667 12,178,293.84 0.00% Z N/A 0.00 0.00 0.00 0.00 0.00% RI N/A 0.00 0.00 0.00 0.00 0.00% RII N/A 0.00 0.00 0.00 0.00 0.00% Totals 0.00 0.00 4,~~557~~627,~~985~~981.2642 ~~969~~967,~~008~~916,~~727~~529.0248

Class CUSIP Pass-Through Original Beginning Interest Rate Notional Notional Distribution Amount Amount X-C 929766MP5 0.~~041740~~036182% 974,238,293.84 ~~970~~969,~~013~~008,~~351~~727.0602 3329,~~740~~217.7031 X-P 929766MQ3 0.~~873579~~746559% 800,952,000.00 800,952,000.00 ~~583~~498,~~078~~298.9417

Class CUSIP Prepayment Total Ending Penalties Distribution Notional Amount X-C 929766MP5 0.00 3329,~~740~~217.7031 ~~969~~967,~~008~~916,~~727~~529.0248 X-P 929766MQ3 0.00 ~~583~~498,~~078~~298.9417 ~~800~~794,~~952~~583,000.00 (1) Calculated by taking (A) the sum of the ending certificate balance of all classes less (B) the sum of (i) the ending certificate balance of the designated class and (ii) the ending certificate balance of all classes which are not subordinate to the designated class and dividing the result by (A).

Certificate Factor Detail Class CUSIP Beginning Principal Interest Prepayment Realized Loss/ Ending Balance Distribution Distribution Penalties Additional Balance Trust Fund Expenses A-1 929766LV3 ~~974~~968.~~36165556~~26526597 6.~~09638959~~62781443 2.~~79641793~~77892129 0.00000000 0.00000000 ~~968~~961.~~26526597~~63745154 A-2 929766LW1 1,000.00000000 0.00000000 3.24500000 0.00000000 0.00000000 1,000.00000000 A-3 929766LX9 1,000.00000000 0.00000000 3.70416666 0.00000000 0.00000000 1,000.00000000 A-4 929766LY7 1,000.00000000 0.00000000 4.13666665 0.00000000 0.00000000 1,000.00000000 B 929766LZ4 1,000.00000000 0.00000000 4.19166661 0.00000000 0.00000000 1,000.00000000 C 929766MA8 1,000.00000000 0.00000000 43.~~09076291~~98492013 0.00000000 0.00000000 1,000.00000000 D 929766MB6 1,000.00000000 0.00000000 4.~~12409618~~01825378 0.00000000 0.00000000 1,000.00000000 E 929766MC4 1,000.00000000 0.00000000 4.~~19076291~~08492013 0.00000000 0.00000000 1,000.00000000 F 929766MD2 1,000.00000000 0.00000000 4.~~29909608~~19325374 0.00000000 0.00000000 1,000.00000000 G 929766ME0 1,000.00000000 0.00000000 4.~~29909673~~19325341 0.00000000 0.00000000 1,000.00000000 H 929766MF7 1,000.00000000 0.00000000 4.~~29909608~~19325374 0.00000000 0.00000000 1,000.00000000 J 929766MG5 1,000.00000000 0.00000000 4.~~29909676~~19325305 0.00000000 0.00000000 1,000.00000000 K 929766MH3 1,000.00000000 0.00000000 4.~~29909673~~19325341 0.00000000 0.00000000 1,000.00000000 L 929766MJ9 1,000.00000000 0.00000000 4.~~29909669~~19325395 0.00000000 0.00000000 1,000.00000000 M 929766MK6 1,000.00000000 0.00000000 4.~~29909688~~19325534 0.00000000 0.00000000 1,000.00000000 N 929766ML4 1,000.00000000 0.00000000 4.~~29909669~~19325395 0.00000000 0.00000000 1,000.00000000 O 929766MM2 1,000.00000000 0.00000000 4.~~29909688~~19325534 0.00000000 0.00000000 1,000.00000000 P 929766MN0 1,000.00000000 0.00000000 4.~~29909647~~19325323 0.00000000 0.00000000 1,000.00000000 Z N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 RI N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 RII N/A 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000

Class CUSIP Beginning Interest Prepayment Ending Notional Distribution Penalties Notional Amount Amount X-C 929766MP5 ~~995~~994.~~66333739~~63214816 0.~~03463290~~02998990 0.00000000 ~~994~~993.~~63214816~~51106972 X-P 929766MQ3 1,000.00000000 0.~~72798238~~62213237 0.00000000 ~~1,000~~992.~~00000000~~04821263

Reconciliation Detail Advance Summary P & I Advances Outstanding ~~147~~17,~~637~~578.6841 Servicing Advances Outstanding 0.00 Reimbursement for Interest on P & I Advances 0.00 paid from general collections Reimbursement for Interest on Servicing 0.00 Advances paid from general collections Aggregate amount of Nonrecoverable Advances 0.00

Servicing Fee Summary Current Period Accrued Servicing Fees 37,~~675~~637.0368 Less Delinquent Servicing Fees ~~1,867~~68.6078 Less Reductions to Servicing Fees 0.00 Plus Servicing Fees for Delinquent Payments Received 01,867.0060 Plus Adjustments for Prior Servicing Calculation 0.00 Total Servicing Fees Collected 3539,~~807~~436.4350

Certificate Interest Reconciliation Class Accrued Net Aggregate Deferred Distributable Distributable Certificate Prepayment Interest Certificate Certificate Interest Interest Amount Interest Interest Shortfall Adjustment A-1 ~~460~~457,~~821~~938.7144 0.00 0.00 ~~460~~457,~~821~~938.7144 0.00 A-2 605,354.75 0.00 0.00 605,354.75 0.00 A-3 895,437.84 0.00 0.00 895,437.84 0.00 A-4 881,540.21 0.00 0.00 881,540.21 0.00 X-C 3329,~~740~~217.7031 0.00 0.00 3329,~~740~~217.7031 0.00 X-P ~~583~~498,~~078~~298.9417 0.00 0.00 ~~583~~498,~~078~~298.9417 0.00 B 122,509.84 0.00 0.00 122,509.84 0.00 C 5453,~~799~~381.8699 0.00 0.00 5453,~~799~~381.8699 0.00 D ~~115~~112,~~511~~547.8127 0.00 0.00 ~~115~~112,~~511~~547.8127 0.00 E 5654,~~139~~721.4659 0.00 0.00 5654,~~139~~721.4659 0.00 F 6866,~~058~~383.9940 0.00 0.00 6866,~~058~~383.9940 0.00 G 5251,~~354~~065.4044 0.00 0.00 5251,~~354~~065.4044 0.00 H 6866,~~058~~383.9940 0.00 0.00 6866,~~058~~383.9940 0.00 J 3130,~~413~~640.5010 0.00 0.00 3130,~~413~~640.5010 0.00 K 2625,~~177~~532.2072 0.00 0.00 2625,~~177~~532.2072 0.00 L 20,~~940~~425.9034 0.00 0.00 20,~~940~~425.9034 0.00 M 10,~~472~~214.6077 0.00 0.00 10,~~472~~214.6077 0.00 N 20,~~940~~425.9034 0.00 0.00 20,~~940~~425.9034 0.00 O 10,~~472~~214.6077 0.00 0.00 10,~~472~~214.6077 0.00 P 5251,~~355~~066.6667 0.00 0.00 5251,~~355~~066.6667 0.00 Z 0.00 0.00 0.00 0.00 0.00 Total 4,~~170~~063,~~180~~299.8636 0.00 0.00 4,~~170~~063,~~180~~299.8636 0.00

Class Additional Interest Remaining Unpaid Trust Fund Distribution Distributable Expenses Certificate Interest A-1 0.00 ~~460~~457,~~821~~938.7144 0.00 A-2 0.00 605,354.75 0.00 A-3 0.00 895,437.84 0.00 A-4 0.00 881,540.21 0.00 X-C 0.00 3329,~~740~~217.7031 0.00 X-P 0.00 ~~583~~498,~~078~~298.9417 0.00 B 0.00 122,509.84 0.00 C 0.00 5453,~~799~~381.8699 0.00 D 0.00 ~~115~~112,~~511~~547.8127 0.00 E 0.00 5654,~~139~~721.4659 0.00 F 0.00 6866,~~058~~383.9940 0.00 G 0.00 5251,~~354~~065.4044 0.00 H 0.00 6866,~~058~~383.9940 0.00 J 0.00 3130,~~413~~640.5010 0.00 K 0.00 2625,~~177~~532.2072 0.00 L 0.00 20,~~940~~425.9034 0.00 M 0.00 10,~~472~~214.6077 0.00 N 0.00 20,~~940~~425.9034 0.00 O 0.00 10,~~472~~214.6077 0.00 P 0.00 5251,~~355~~066.6667 0.00 Z 0.00 0.00 0.00 Total 0.00 4,~~170~~063,~~180~~299.8636 0.00

Other Required Information Available Distribution Amount (1) 5,~~174~~155,~~804~~496.90 Aggregate Number of Outstanding Loans 54 Aggregate Stated Principal Balance of Loans Before Distribution ~~970~~969,~~013~~008,~~351~~727.0703 Aggregate Stated Principal Balance of Loans After Distribution ~~969~~967,~~008~~916,~~727~~529.0349 Aggregate Unpaid Principal Balance of Loans ~~969~~967,~~021~~924,~~872~~118.3022 Aggregate Amount of Servicing Fee 3539,~~807~~436.4350 Aggregate Amount of Special Servicing Fee 0.00 Aggregate Amount of Trustee Fee 2,~~020~~018.8677 Aggregate Trust Fund Expenses 0.00 Interest Reserve Deposit 0.00 Interest Reserve Withdrawal 0.00 Specially Serviced Loans not Delinquent Number of Outstanding Loans 0 Aggregate Unpaid Principal Balance 0.00 (1) The Available Distribution Amount includes any Prepayment Premiums.

Appraisal Reduction Amount None Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 4,102,955.79 Interest reductions due to Nonrecoverability Determinations 0.00 Interest Adjustments 0.00 Deferred Interest 0.00 Net Prepayment Interest Shortfall 0.00 Net Prepayment Interest Excess 0.00 Extension Interest 0.00 Interest Reserve Withdrawal 0.00 Total Interest Collected 4,102,955.79 Principal: Scheduled Principal 1,092,197.47 Unscheduled Principal 0.00 Principal Prepayments 0.00 Collection of Principal after Maturity Date 0.00 Recoveries from Liquidation and Insurance Proceeds 0.00 Excess of Prior Principal Amounts paid 0.00 Curtailments 0.00 Negative Amortization 0.00 Principal Adjustments 0.00 Total Principal Collected 1,092,197.47 Other: Prepayment Penalties/Yield Maintenance 0.00 Repayment Fees 0.00 Borrower Option Extension Fees 0.00 Equity Payments Received 0.00 Net Swap Counterparty Payments Received 0.00 Total Other Collected: 0.00 Total Funds Collected 5,195,153.26 Total Funds Distributed Fees: Master Servicing Fee 37,637.68 Trustee Fee 2,018.77 Certificate Administration Fee 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 39,656.44 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 ASER Amount 0.00 Special Servicing Fee 0.00 Rating Agency Expenses 0.00 Attorney Fees & Expenses 0.00 Bankruptcy Expense 0.00 Taxes Imposed on Trust Fund 0.00 Non-Recoverable Advances 0.00 Other Expenses 0.00 Total Additional Trust Fund Expenses 0.00 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 4,063,299.36 Principal Distribution 1,092,197.54 Prepayment Penalties/Yield Maintenance 0.00 Borrower Option Extension Fees 0.00 Equity Payments Paid 0.00 Net Swap Counterparty Payments Paid 0.00 Total Payments to Certificateholders & Others 5,155,496.90 Total Funds Distributed 5,195,153.34

Current Mortgage Loan and Property Stratification Tables Scheduled Balance Scheduled # of Scheduled % of WAM WAC Weighted Balance Loans Balance Agg. (2) Avg DSCR (1) Bal. 2,000,000 or Less 7 9,~~397~~379,~~313~~650.8550 0.97 ~~111~~110 6.~~4435~~4434 1.~~691211~~691365 2,000,001 to 3,000,000 78 1821,~~587~~554,~~302~~110.9109 12.9223 ~~157~~150 5.~~9630~~9237 1.~~406815~~383779 3,000,001 to 4,000,000 54 1613,~~509~~485,~~378~~373.1268 1.7039 ~~134~~137 5.~~6395~~6306 1.~~378607~~409466 4,000,001 to 5,000,000 4 17,~~818~~800,~~647~~161.2127 1.84 ~~114~~113 5.~~9812~~9813 1.~~260946~~260944 5,000,001 to 6,000,000 1 5,~~238~~230,~~390~~606.3783 0.54 ~~115~~114 6.0100 1.350000 6,000,001 to 7,000,000 1 6,420,000.00 0.66 7877 5.1200 2.860000 7,000,001 to 8,000,000 2 15,~~603~~585,~~850~~245.3353 1.61 ~~115~~114 5.~~2154~~2155 1.~~592059~~592042 8,000,001 to 9,000,000 5 42,~~434~~388,~~442~~571.2680 4.38 9594 5.~~6371~~6372 1.~~644384~~644630 9,000,001 to 10,000,000 0 0.00 0.00 0 0.0000 0.000000 10,000,001 to 15,000,000 7 88,~~823~~736,~~965~~810.5343 9.17 ~~104~~103 5.~~5569~~5570 1.~~437504~~437475 15,000,001 to 20,000,000 3 53,~~988~~970,~~865~~590.8104 5.5758 8281 5.~~5815~~5813 1.~~426061~~426128 20,000,001 to 25,000,000 1 20,~~074~~051,~~106~~256.4973 2.07 ~~114~~113 5.4600 1.800000 25,000,001 to 30,000,000 1 28,100,000.00 2.90 5251 4.5200 3.420000 30,000,001 to 35,000,000 1 31,~~750~~706,~~520~~468.8877 3.28 5453 4.3700 2.460000 35,000,001 to 40,000,000 1 38,000,000.00 3.9293 ~~115~~114 6.4500 1.220000 40,000,001 to 55,000,000 2 9594,~~042~~914,~~662~~704.2343 9.81 9392 4.~~6900~~6904 1.~~904067~~903910 55,000,001 or Greater 6 ~~481~~480,~~219~~592,~~281~~979.0439 49.6665 7877 4.~~7928~~7930 1.~~926698~~926608 Totals 54 ~~969~~967,~~008~~916,~~727~~529.0349 100.00 8786 5.~~0810~~0812 1.~~833661~~833621

State (3) State # of Scheduled % of WAM WAC Weighted Props Balance Agg. (2) Avg DSCR (1) Bal. Alabama 3 16,~~590~~570,~~389~~436.7942 1.71 ~~113~~112 5.8937 1.350000 Arizona 4 171,~~889~~649,~~675~~978.4310 17.7473 5857 4.3832 2.~~010273~~010264 Arkansas 1 20,~~074~~051,~~106~~256.4973 2.07 ~~114~~113 5.4600 1.800000 California 7 89,~~150~~101,~~363~~213.9016 9.2021 ~~112~~111 6.~~0925~~0927 1.~~407507~~407548 Colorado 1 3,~~479~~476,~~951~~268.5639 0.36 ~~114~~113 5.8500 1.300000 Connecticut 1 3,000,000.00 0.31 ~~115~~114 5.9000 1.960000 Florida 6 94,~~913~~800,~~302~~512.0573 9.79 9089 4.~~5991~~5995 2.~~040769~~040631 Georgia 1 14,~~380~~361,~~210~~974.8769 1.48 ~~113~~112 4.9000 1.290000 Idaho 1 17,887,500.00 1.85 6766 5.3200 1.540000 Illinois 2 59,~~603~~499,~~545~~471.9414 6.15 ~~117~~116 5.2244 2.~~377075~~377158 Maryland 1 42,~~763~~719,~~295~~544.1705 4.41 ~~114~~113 6.0300 1.310000 Michigan 4 96,~~710~~535,~~833~~668.5897 9.9897 5958 4.~~6585~~6586 1.~~806622~~806583 Minnesota 1 ~~906~~905,~~783~~101.4205 0.09 4645 7.9000 2.610000 New Jersey 1 8,~~951~~941,~~006~~934.2873 0.92 ~~114~~113 6.0800 1.210000 New York 2 113,600,000.00 11.7274 9897 5.2576 2.050194 North Carolina 2 3,~~721~~715,~~142~~673.6860 0.38 ~~114~~113 6.1200 1.370000 Oklahoma 1 1,~~803~~797,~~710~~231.7988 0.19 ~~175~~174 6.1500 1.160000 Oregon 2 10,~~789~~770,~~121~~962.2226 1.11 ~~147~~146 4.~~9116~~9114 1.~~579655~~579800 Pennsylvania 1 65,~~521~~436,~~875~~743.4789 6.76 7877 4.7364 1.970000 South Carolina 2 5,~~577~~567,~~524~~044.5410 0.58 ~~175~~174 6.~~3278~~3277 1.~~242090~~242105 Tennessee 1 1,~~990~~988,~~797~~793.5183 0.21 ~~115~~114 6.0900 1.550000 Texas 5 73,~~375~~251,~~947~~669.0759 7.57 8180 5.0959 1.~~801991~~801972 Utah 1 ~~542~~541,~~405~~311.9955 0.06 5453 6.7500 3.930000 Virginia 1 18,000,000.00 1.86 6766 5.3200 1.510000 Washington 2 13,~~838~~821,~~280~~755.5124 1.43 5453 5.2000 1.470000 Washington,DC 1 7,~~960~~951,~~158~~568.1307 0.82 ~~115~~114 5.7200 1.450000 Wisconsin 1 11,~~986~~972,~~798~~915.6432 1.24 ~~111~~110 5.4500 1.820000 Totals 56 ~~969~~967,~~008~~916,~~727~~529.0349 100.00 8786 5.~~0810~~0812 1.~~833661~~833621

Debt Service Coverage Ratio (1) Debt Service # of Scheduled % of WAM WAC Weighted Coverage Ratio Loans Balance Agg. (2) Avg DSCR (1) Bal. 1.14 or Less 0 0.00 0.00 0 0.0000 0.000000 1.15 to 1.19 3 76,~~012~~990,~~412~~200.6983 0.72 ~~198~~197 5.~~7477~~7476 1.~~179341~~179346 1.20 to 1.24 8 91,~~657~~611,~~383~~204.0006 9.46 ~~118~~117 6.~~1828~~1829 1.~~222682~~222684 1.25 to 1.29 4 22,~~423~~394,~~529~~765.3847 2.31 ~~111~~110 5.4959 1.284837 1.30 to 1.34 4 57,~~418~~357,~~145~~526.6827 5.93 ~~114~~113 5.9825 1.309912 1.35 to 1.39 6 38,~~691~~646,~~212~~190.3729 3.99 ~~113~~112 5.8875 1.359120 1.40 to 1.44 1 2,~~808~~801,~~792~~622.7379 0.29 ~~234~~233 5.0700 1.430000 1.45 to 1.49 4 33,~~550~~508,~~317~~666.2909 3.46 8988 5.5236 1.460402 1.50 to 1.54 2 35,887,500.00 3.7071 6766 5.3200 1.524953 1.55 to 1.59 3 22,~~228~~199,~~953~~531.2983 2.29 ~~100~~99 5.~~5508~~5509 1.~~563105~~563103 1.60 to 1.64 1 85,500,000.00 8.8283 ~~113~~112 5.5000 1.600000 1.65 to 1.69 2 5,~~157~~150,~~524~~451.8821 0.53 ~~113~~112 5.~~8417~~8418 1.~~677317~~677320 1.70 to 1.79 1 7,~~643~~633,~~692~~677.2046 0.79 ~~114~~113 4.6900 1.740000 1.80 to 1.84 2 32,~~060~~024,~~905~~172.1305 3.31 ~~113~~112 5.4563 1.~~807478~~807477 1.85 to 1.89 2 143,~~692~~430,~~876~~653.9101 14.8382 6261 4.7121 1.873920 1.90 to 1.99 3 197,~~486~~218,~~131~~539.0739 20.38 6362 4.4430 1.963318 2.00 to 2.99 6 ~~157~~156,~~146~~920,~~944~~517.4219 16.2221 8483 4.~~5294~~5295 2.~~452923~~452973 3.0 or Greater 2 28,~~642~~641,~~405~~311.9955 2.96 5251 4.~~5622~~5621 3.~~429658~~429639 Totals 54 ~~969~~967,~~008~~916,~~727~~529.0349 100.00 8786 5.~~0810~~0812 1.~~833661~~833621

Property Type (3) Property # of Scheduled % of WAM WAC Weighted Type Props Balance Agg. (2) Avg DSCR (1) Bal. Lodging 1 57,~~540~~443,~~273~~786.0699 5.9493 ~~115~~114 5.2020 2.420000 Mixed Use 4 41,~~606~~587,~~262~~010.9635 4.2930 7170 4.~~9523~~9519 2.~~795063~~795651 Multi-Family 2 19,~~960~~951,~~158~~568.1307 2.06 ~~115~~114 5.~~7879~~7880 1.~~323748~~323694 Office 11 231,~~704~~625,~~258~~366.5133 23.9193 ~~103~~102 5.6925 1.~~479399~~479405 Other 1 2,~~063~~055,~~272~~684.8815 0.21 ~~175~~174 5.8500 1.180000 Retail 36 ~~611~~610,~~407~~529,~~042~~925.2387 63.1008 7978 4.~~8086~~8087 1.~~870522~~870529 Self Storage 1 4,~~727~~723,~~459~~187.2673 0.49 ~~114~~113 6.6800 1.270000 Totals 56 ~~969~~967,~~008~~916,~~727~~529.0349 100.00 8786 5.~~0810~~0812 1.~~833661~~833621

Note Rate Note Rate # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 3.593 or Less 0 0.00 0.00 0 0.0000 0.000000 3.594 to 5.249 14 561,~~833~~011,~~178~~134.5382 57.9896 7170 4.5560 2.~~096802~~096916 5.250 to 5.499 6 75,~~551~~501,~~960~~943.5043 7.80 9695 5.~~3924~~3923 1.~~620575~~620549 5.500 to 5.749 7 119,~~793~~763,~~205~~184.2228 12.3637 ~~109~~108 5.~~5442~~5441 1.~~636286~~636338 5.750 to 5.999 10 73,~~936~~865,~~314~~027.7440 7.63 ~~116~~115 5.8701 1.~~380454~~380466 6.000 to 6.249 10 88,~~153~~052,~~975~~799.5178 9.10 ~~115~~114 6.~~0650~~0649 1.~~290425~~290429 6.250 to 6.499 3 42,~~856~~847,~~002~~665.1164 4.4243 ~~123~~122 6.4440 1.~~239308~~239294 6.500 to 6.749 1 4,~~727~~723,~~459~~187.2673 0.49 ~~114~~113 6.6800 1.270000 6.750 to 6.999 1 ~~542~~541,~~405~~311.9955 0.06 5453 6.7500 3.930000 7.000 to 7.249 1 ~~707~~705,~~441~~173.7581 0.07 5554 7.1000 1.260000 7.250 to 7.999 1 ~~906~~905,~~783~~101.4205 0.09 4645 7.9000 2.610000 Totals 54 ~~969~~967,~~008~~916,~~727~~529.0349 100.00 8786 5.~~0810~~0812 1.~~833661~~833621

Seasoning Seasoning # of Scheduled % of WAM WAC Weighted Loans Balance Agg. (2) Avg DSCR (1) Bal. 12 Months or Less 5049 ~~964~~959,~~243~~554,~~678~~093.3778 99.5114 8886 5.~~0729~~0710 1.~~833644~~834970 13 to 24 Months 1 2 6,~~608~~210,~~417~~849.5030 0.2764 106 65.~~2000~~8748 1.~~290000~~394520 25 to 36 Months 0 0.00 0.00 0 0.0000 0.000000 37 Months or Greater 3 2,~~156~~151,~~631~~586.1641 0.22 5150 7.~~3483~~3485 2.~~499146~~499638 Totals 54 ~~969~~967,~~008~~916,~~727~~529.0349 100.00 8786 5.~~0810~~0812 1.~~833661~~833621

Anticipated Remaining Term (ARD and Balloon Loans) Anticipated # of Scheduled % of WAM WAC Weighted Remaining Term (2) Loans Balance Agg. (2) Avg DSCR (1) Bal. 60 Months or Less 9 300,~~430,~~018,114.3812 31.00 5453 4.~~4724~~4725 2.~~125396~~125620 61 to 84 Months 7 225,~~324~~041,~~322~~045.4518 23.25 7574 4.~~6544~~6546 1.~~983639~~983566 85 to 108 Months 2 6,~~218~~210,~~942~~849.9630 0.64 ~~107~~106 5.~~8749~~8748 1.~~394502~~394520 109 to 120 Months 31 ~~424~~423,~~245~~892,~~130~~082.7841 43.7879 ~~114~~113 5.7065 1.~~571773~~571668 121 to 168 Months 0 0.00 0.00 0 0.0000 0.000000 169 to 180 Months 0 0.00 0.00 0 0.0000 0.000000 181 to 228 Months 0 0.00 0.00 0 0.0000 0.000000 229 to 240 Months 0 0.00 0.00 0 0.0000 0.000000 241 Months or Greater 0 0.00 0.00 0 0.0000 0.000000 Totals 49 ~~956~~955,~~218~~162,~~414~~091.5701 98.68 8685 5.~~0719~~0722 1.~~841613~~841559

Remaining Stated Term (Fully Amortizing Loans) Remaining Stated # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. 60 Months or Less 0 0.00 0.00 0 0.0000 0.000000 61 to 84 Months 0 0.00 0.00 0 0.0000 0.000000 85 to 108 Months 0 0.00 0.00 0 0.0000 0.000000 109 to 120 Months 0 0.00 0.00 0 0.0000 0.000000 121 to 156 Months 0 0.00 0.00 0 0.0000 0.000000 157 to 180 Months 2 3,~~866~~852,~~983~~916.6703 0.40 ~~175~~174 5.9899 1.170671 181 to 192 Months 0 0.00 0.00 0 0.0000 0.000000 193 to 216 Months 0 0.00 0.00 0 0.0000 0.000000 217 Months or Greater 3 8,~~923~~901,~~328~~522.7945 0.92 ~~232~~231 5.~~6598~~6599 1.~~268872~~268865 Totals 5 12,~~790~~754,~~312~~438.4648 1.32 ~~214~~213 5.7596 1.~~239182~~239202

Remaining Amortization Term (ARD and Balloon Loans) Remaining Amortization # of Scheduled % of WAM WAC Weighted Term Loans Balance Agg. (2) Avg DSCR (1) Bal. Interest Only 3 42,770,000.00 4.4142 5655 4.8087 3.200917 180 Months or Less 1 ~~707~~705,~~441~~173.7581 0.07 5554 7.1000 1.260000 181 to 192 Months 0 0.00 0.00 0 0.0000 0.000000 193 to 228 Months 1 ~~906~~905,~~783~~101.4205 0.09 4645 7.9000 2.610000 229 to 264 Months 1 ~~542~~541,~~405~~311.9955 0.06 5453 6.7500 3.930000 265 to 300 Months 11 ~~236~~235,~~081~~668,~~966~~464.1650 24.3635 8180 4.9786 1.~~945122~~945119 301 to 348 Months 1 3,~~610~~606,~~525~~420.4606 0.37 ~~108~~107 5.6400 1.470000 349 Months or Greater 31 ~~671~~670,~~599~~965,~~291~~620.7904 69.3132 8988 5.~~1112~~1115 1.~~718548~~718421 Totals 49 ~~956~~955,~~218~~162,~~414~~091.5701 98.68 8685 5.~~0719~~0722 1.~~841613~~841559

Age of Most Recent NOI Age of Most # of Scheduled % of WAM WAC Weighted Recent NOI Loans Balance Agg. (2) Avg DSCR (1) Bal. Underwriter's Information 54 ~~969~~967,~~008~~916,~~727~~529.0349 100.00 8786 5.~~0810~~0812 1.~~833661~~833621 1 Year of Less 0 0.00 0.00 0 0.0000 0.000000 1 to 2 Years 0 0.00 0.00 0 0.0000 0.000000 2 years or Greater 0 0.00 0.00 0 0.0000 0.000000 Totals 54 ~~969~~967,~~008~~916,~~727~~529.0349 100.00 8786 5.~~0810~~0812 1.~~833661~~833621 (1) The Trustee makes no representations as to the accuracy of the data provided by the borrower for this calculation. "NAP" means not applicable and relates to the ommission of credit lease loans in the calculation of DSCR. (2) Anticipated Remaining Term and WAM are each calculated based upon the term from the current month to the earlier of the Anticipated Repayment Date, if applicable, and the maturity date. (3) Data in this table was calculated by allocating pro-rata the current loan information to the properties based upon the Cut-off Date Balance of the related mortgage loan as disclosed in the offering document.

Mortgage Loan Detail Loan Property Interest Principal Gross Number ODCR Type (1) City State Payment Payment Coupon 502784429 1 RT TUCSON AZ ~~473~~457,~~694~~823.9811 ~~166~~182,~~588~~460.1603 4.260% 502770582 2 RT OKEMOS MI 329,~~709~~094.6691 163,~~207~~822.2803 4.520% 316000006 3 OF NEW YORK NY 391,875.00 0.00 5.500% 819000004 4 RT LANCASTER PA ~~267~~258,~~546~~614.1384 7685,~~200~~131.2958 4.736% 819000005 5 LO CHICAGO IL ~~258~~249,~~144~~437.8608 8796,~~778~~486.2907 5.202% 502769026 6 RT BEAUMONT TX 235,~~555~~146.7563 9798,~~992~~401.7587 5.010% 819000007 7 RT JACKSONVILLE FL ~~162~~156,~~039~~576.6370 7884,~~743~~206.7568 3.594% 719000008 8 RT OXON HILL MD ~~222~~214,~~237~~885.4156 3643,~~399~~751.2712 6.030% 502776911 9 OF LONG BEACH CA ~~211~~204,~~058~~250.3300 0.00 6.450% 819000010 10 RT CHANDLER AZ ~~119~~115,~~629~~624.6781 4044,~~047~~052.2511 4.370% 819000011 11 MU NEW YORK NY ~~109~~105,~~371~~843.4433 0.00 4.520% 502778931 12 OF LITTLE ROCK AR 9491,~~474~~337.4418 1922,~~712~~849.5076 5.460% 719000013 13 OF MISSION VIEJO CA 9592,~~161~~015.9228 1518,~~129~~275.1377 6.100% 719000014 14 OF RICHMOND VA 8279,~~460~~800.00 0.00 5.320% 719000015 15 OF BOISE ID 8179,~~944~~301.6325 0.00 5.320% 502760619 16 RT KENNESAW GA 6058,~~744~~719.9019 1618,~~210~~236.4718 4.900% 502787011 17 RT CHINO CA 7169,~~390~~027.6170 1214,~~096~~459.9586 5.950% 719000018 18 OF Various WA 6259,~~029~~965.5088 1416,~~461~~525.6527 5.200% 819000019 19 RT MADISON WI 5654,~~311~~440.0904 1213,~~012~~883.2732 5.450% 502782701 20 MF MIAMI FL 6058,~~274~~330.3300 0.00 5.833% 819000021 21 OF Birmingham AL 5755,~~139~~246.6240 1012,~~276~~169.6183 5.840% 719000022 22 RT TAMPA FL 5755,~~494~~591.6510 911,~~977~~880.0964 5.880% 719000023 23 OF EATONTOWN NJ 4645,~~902~~351.8677 79,~~520~~071.4655 6.080% 502769027 24 RT BEAUMONT TX 37,~~193~~128.0141 15,~~472~~537.5414 5.010% 502753407 25 RT SHERMAN OAKS CA 3938,~~428~~156.1325 0.00 5.550% 502750707 26 RT NOGALES AZ 4039,~~492~~150.4346 78,~~489~~831.3330 5.730% 502769507 27 MU PINELLAS PARK FL 4039,~~927~~553.3641 1112,~~056~~430.5247 5.830% 502783803 28 MF WASHINGTON DC 3937,~~244~~943.1142 78,~~289~~590.3706 5.720% 819000029 29 RT PORTLAND OR 3029,~~906~~874.1810 810,~~982~~014.6674 4.690% 502781625 30 RT FT. WALTON BEACH FL 27,392.00 0.00 5.120% 719000031 31 RT EUFAULA AL 2726,~~145~~235.7061 67,~~873~~783.4554 6.010% 502780801 32 SS TAMPA FL 2726,~~212~~316.8119 34,~~374~~271.9153 6.680% 502775216 33 RT LIVONIA MI 2221,~~693~~941.0966 34,~~971~~723.5700 5.860% 819000034 34 MU BERKELEY CA 2120,~~039~~340.1420 45,~~440~~139.8377 5.475% 502775215 35 RT NORTH MUSKEGON MI 20,~~908~~216.8046 34,~~659~~351.3064 5.860% 719000036 36 RT BERKELEY CA 1716,~~552~~969.2347 34,~~522~~105.6440 5.640% 502773918 37 RT LONGMONT CO 1716,~~545~~964.8876 3,~~102~~683.0517 5.850% 502783832 38 RT LUBBOCK TX 15,~~681~~153.5692 45,~~701~~229.7438 5.560% 719000039 39 RT NEWBERG OR 14,~~797~~285.49 78,~~632~~144.22 5.450% 502779418 40 RT LEANDER TX 14,~~700~~213.8245 23,~~777~~264.4380 5.680% 502783210 41 RT MILFORD CT 1514,~~241~~750.6700 0.00 5.900% 719000042 42 RT SPARTANBURG SC 1615,~~498~~934.2221 56,~~928~~492.1718 6.440% 719000043 43 RT LAKE HAVASU CITY AZ 15,~~779~~251.8623 34,~~825~~353.1982 6.150% 719000044 44 RT SACRAMENTO CA 1211,~~292~~867.1715 67,~~744~~169.9294 5.070% 819000045 45 RT SUMTER SC 13,~~944~~476.8582 3,~~520~~988.2326 6.200% 502780910 46 RT ROCKINGHAM NC 11,~~407~~025.7550 23,~~795~~177.1136 6.120% 719000047 47 OT HARWOOD HEIGHTS IL 10,~~430~~058.0946 7,~~217~~588.1073 5.850% 719000048 48 RT CORDOVA TN 10,~~448~~103.7730 12,~~658~~003.2168 6.090% 819000049 49 RT DALLAS TX 109,~~293~~953.3537 1,~~504~~844.3129 6.330% 719000050 50 RT MOORE OK 9,~~584~~244.6602 6,~~138~~478.2791 6.150% 502780909 51 RT RUTHERFORD COLLEGE NC 87,~~228~~952.0332 2,~~016~~291.0172 6.120% 719000052 52 MU ROCHESTER MN 65,~~178~~969.6766 1,~~473~~682.3637 7.900% 719000053 53 RT BIRMINGHAM MI 4,~~338~~185.1570 2,~~115~~267.4994 7.100% 719000054 54 RT SALT LAKE CITY UT 3,~~158~~051.4703 ~~987~~1,094.0044 6.750% Totals 4,~~209~~102,~~876~~955.8679 1,~~004~~092,~~624~~197.1047

Loan Anticipated Maturity Neg. Beginning Ending Paid Thru Number Repayment Date Amort Scheduled Scheduled Date Date (Y/N) Balance Balance 502784429 10/11/2008 10/11/2033 N ~~129~~128,~~130~~964,~~843~~255.7060 128,~~964~~781,~~255~~795.6050 0405/11/2004 502770582 N/A 09/11/2008 N 87,~~533~~370,~~537~~330.5123 87,~~370~~206,~~330~~508.2320 0405/11/2004 316000006 N/A 09/11/2013 N 85,500,000.00 85,500,000.00 0405/11/2004 819000004 N/A 10/01/2010 N 65,~~598~~521,~~075~~875.7647 65,~~521~~436,~~875~~743.4789 0405/01/2004 819000005 N/A 11/01/2013 N 57,~~628~~540,~~051~~273.3506 57,~~540~~443,~~273~~786.0699 0405/01/2004 502769026 N/A 09/11/2010 N 56,~~420~~322,~~539~~546.4368 56,~~322~~224,~~546~~144.6881 0405/11/2004 819000007 N/A 07/01/2010 N 52,~~358~~279,~~110~~367.8106 52,~~279~~195,~~367~~160.0638 0405/01/2004 719000008 10/01/2013 10/01/2033 N 42,~~799~~763,~~694~~295.4417 42,~~763~~719,~~295~~544.1705 0405/01/2004 502776911 11/11/2013 11/11/2033 N 38,000,000.00 38,000,000.00 0405/11/2004 819000010 N/A 10/01/2008 N 31,~~790~~750,~~568~~520.1388 31,~~750~~706,~~520~~468.8877 0405/01/2004 819000011 N/A 08/01/2008 N 28,100,000.00 28,100,000.00 0305/01/2004 502778931 10/11/2013 10/11/2033 N 20,~~093~~074,~~818~~106.9949 20,~~074~~051,~~106~~256.4973 0405/11/2004 719000013 09/01/2013 10/01/2033 N 18,~~116~~101,~~494~~365.9481 18,~~101~~083,~~365~~090.81 04 05/01/2004 719000014 11/11/2009 11/11/2033 N 18,000,000.00 18,000,000.00 0405/11/2004 719000015 11/11/2009 11/11/2033 N 17,887,500.00 17,887,500.00 0405/11/2004 502760619 09/11/2013 09/11/2033 N 14,~~396~~380,~~421~~210.3487 14,~~380~~361,~~210~~974.8769 0405/11/2004 502787011 N/A 10/11/2013 N 13,~~933~~921,~~650~~553.5055 13,~~921~~907,~~553~~093.5569 0405/11/2004 719000018 10/11/2008 10/11/2033 N 13,~~852~~838,~~742~~280.1651 13,~~838~~821,~~280~~755.5124 0405/11/2004 819000019 N/A 07/01/2013 N 11,~~998~~986,~~810~~798.9164 11,~~986~~972,~~798~~915.6432 0405/01/2004 502782701 11/11/2013 11/11/2033 N 12,000,000.00 12,000,000.00 0405/11/2004 819000021 N/A 08/01/2013 N 11,~~362~~351,~~276~~999.0342 11,~~351~~339,~~999~~829.4259 0405/01/2004 719000022 N/A 11/11/2013 N 11,~~355~~345,~~099~~122.6354 11,~~345~~333,~~122~~241.5490 0405/11/2004 719000023 N/A 10/01/2013 N 8,~~958~~951,~~526~~006.7428 8,~~951~~941,~~006~~934.2873 0405/01/2004 502769027 N/A 09/11/2010 N 8,~~908~~893,~~505~~033.7824 8,~~893~~877,~~033~~496.2410 0405/11/2004 502753407 10/11/2008 10/11/2013 N 8,250,000.00 8,250,000.00 0405/11/2004 502750707 11/11/2013 11/11/2033 N 8,~~206~~199,~~538~~049.8855 8,~~199~~190,~~049~~218.5525 0405/11/2004 502769507 11/11/2013 11/11/2028 N 8,~~152~~141,~~409~~353.7119 8,~~141~~128,~~353~~922.1972 0405/11/2004 502783803 N/A 11/11/2013 N 7,~~967~~960,~~447~~158.5013 7,~~960~~951,~~158~~568.1307 0405/11/2004 819000029 N/A 10/01/2013 N 7,~~652~~643,~~674~~692.8620 7,~~643~~633,~~692~~677.2046 0405/01/2004 502781625 N/A 10/11/2010 N 6,420,000.00 6,420,000.00 0405/11/2004 719000031 N/A 11/11/2013 N 5,~~245~~238,~~263~~390.8237 5,~~238~~230,~~390~~606.3783 0405/11/2004 502780801 10/11/2013 10/11/2033 N 4,~~730~~727,~~834~~459.1726 4,~~727~~723,~~459~~187.2673 0405/11/2004 502775216 N/A 11/11/2013 N 4,~~497~~493,~~144~~172.2669 4,~~493~~488,~~172~~449.69 0405/11/2004 819000034 N/A 07/01/2013 N 4,~~462~~458,~~567~~126.1835 4,~~458~~452,~~126~~986.3558 0405/01/2004 502775215 N/A 11/11/2013 N 4,~~143~~139,~~548~~888.2191 4,~~139~~135,~~888~~537.9127 0405/11/2004 719000036 N/A 04/01/2013 N 3,~~614~~610,~~048~~525.1046 3,~~610~~606,~~525~~420.4606 0405/01/2004 502773918 10/11/2013 10/11/2033 N 3,~~483~~479,~~053~~951.6156 3,~~479~~476,~~951~~268.5639 0405/11/2004 502783832 10/11/2013 10/11/2028 N 3,~~275~~270,~~331~~629.5581 3,~~270~~265,~~629~~400.8143 0405/11/2004 719000039 N/A 02/11/2023 N 3,~~153~~145,~~061~~429.2402 3,~~145~~137,~~429~~284.0280 0405/11/2004 502779418 11/11/2013 11/11/2033 N 3,~~005~~002,~~619~~842.7027 32,~~002~~999,~~842~~577.2747 0405/11/2004 502783210 N/A 11/11/2013 N 3,000,000.00 3,000,000.00 0405/11/2004 719000042 N/A 11/11/2023 N 2,~~975~~969,~~035~~107.2104 2,~~969~~962,~~107~~614.0486 0305/11/2004 719000043 N/A 10/11/2013 N 2,~~979~~975,~~674~~849.5940 2,~~975~~971,~~849~~495.4058 0405/11/2004 719000044 N/A 10/11/2023 N 2,~~815~~808,~~537~~792.6573 2,~~808~~801,~~792~~622.7379 0405/11/2004 819000045 N/A 02/01/2013 N 2,~~611~~608,~~937~~417.7350 2,~~608~~604,~~417~~429.5024 0405/01/2004 502780910 10/11/2013 10/11/2028 N 2,~~164~~161,~~658~~863.4736 2,~~161~~158,~~863~~686.3600 0405/11/2004 719000047 N/A 11/11/2018 N 2,~~070~~063,~~489~~272.9888 2,~~063~~055,~~272~~684.8815 0304/11/2004 719000048 N/A 11/11/2013 N 1,~~992~~990,~~455~~797.7251 1,~~990~~988,~~797~~793.5183 0405/11/2004 819000049 N/A 08/01/2013 N 1,~~888~~886,~~399~~895.3807 1,~~886~~885,~~895~~050.0778 0405/01/2004 719000050 N/A 11/11/2018 N 1,~~809~~803,~~849~~710.0679 1,~~803~~797,~~710~~231.7988 0405/11/2004 502780909 10/11/2013 10/11/2028 N 1,~~561~~559,~~295~~279.3332 1,~~559~~556,~~279~~987.3260 0405/11/2004 719000052 N/A 02/01/2008 N ~~908,256.78~~ 906,783.42 04905,101.05 05/01/2004 719000053 N/A 11/01/2008 N ~~709,557.24~~ 707,441.75 04705,173.81 05/01/2004 719000054 N/A 10/01/2008 N ~~543~~542,~~392~~405.99 ~~542~~541,~~405~~311.9955 0405/01/2004 Totals ~~970,013,351.07~~ 969,008,727.03 967,916,529.49

Principal Prepayment Detail No Principal Prepayments this Period

Historical Detail Delinquencies Distribution 30-59 Days 60-89 Days 90 Days or More Date # Balance # Balance # Balance 05/17/2004 0 $0.00 0 $0.00 0 $0.00 04/16/2004 0 $0.00 0 $0.00 0 $0.00 03/17/2004 0 $0.00 0 $0.00 0 $0.00 02/18/2004 0 $0.00 0 $0.00 0 $0.00 01/16/2004 0 $0.00 0 $0.00 0 $0.00 12/17/2003 0 $0.00 0 $0.00 0 $0.00

Distribution Foreclosure REO Modifications Date # Balance # Balance # Balance 05/17/2004 0 $0.00 0 $0.00 0 $0.00 04/16/2004 0 $0.00 0 $0.00 0 $0.00 03/17/2004 0 $0.00 0 $0.00 0 $0.00 02/18/2004 0 $0.00 0 $0.00 0 $0.00 01/16/2004 0 $0.00 0 $0.00 0 $0.00 12/17/2003 0 $0.00 0 $0.00 0 $0.00

Prepayments Rate and Maturities Distribution Curtailments Payoff Next Weighted Avg. WAM Date # Amount # Amount Coupon Remit 05/17/2004 0 $0.00 0 $0.00 5.081228% 5.032116% 86 04/16/2004 0 $0.00 0 $0.00 5.081014% 5.031904% 87 03/17/2004 0 $0.00 0 $0.00 5.080796% 5.031688% 88 02/18/2004 0 $0.00 0 $0.00 5.080589% 5.031483% 89 01/16/2004 0 $0.00 0 $0.00 5.080373% 5.031269% 90 12/17/2003 0 $0.00 0 $0.00 5.080157% 5.031055% 91 Note: Foreclosure and REO Totals are excluded from the delinquencies aging categories.

Delinquency Loan Detail Offering # of Paid Through Current Outstanding Status of Loan Number Document Months Date P & I P & I Mortgage Cross- Delinq. Advances Advances ** Loan (1) Reference ~~819000011 11 0 03/01/2004 107,732.28 107,732.28 B 719000042 42 0 03/11/2004 22,327.23 22,327.23 B~~ 719000047 47 0 0304/11/2004 17,578.1741 17,578.1741 B Totals 31 ~~147~~17,~~637~~578.6841 ~~147~~17,~~637~~578.6841

Resolution Servicing Actual Outstanding Loan Strategy Transfer Foreclosure Principal Servicing Bankruptcy REO Number Code (2) Date Date Balance Advances Date Date ~~819000011 28,100,000.00 0.00 719000042 2,975,035.21 0.00~~ 719000047 2,~~070~~063,~~489~~272.9888 0.00 Totals 332,~~145~~063,~~525~~272.1988 0.00

Current Outstanding Actual Outstanding P & I P & I Principal Servicing Advances Advances** Balance Advances Totals By Delinquency Code: Total for Status Code = B (31 ~~loans~~loan) ~~147~~17,~~637~~578.6841 ~~147~~17,~~637~~578.6841 332,~~145~~063,~~525~~272.1988 0.00 (1) Status of Mortgage Loan A - Payment Not Received But Still In Grace Period B - Late Payment But Less Than 1 Month Delinquent 0 - Current 1 - One Month Delinquent 2 - Two Months Delinquent 3 - Three or More Months Delinquent 4 - Assumed Scheduled Payment (Performing Matured Balloon) 7 - Foreclosure 9 - REO (2) Resolution Strategy Code 1 - Modification 2 - Foreclosure 3 - Bankruptcy 4 - Extension 5 - Note Sale 6 - DPO 7 - REO 8 - Resolved 9 - Pending Return to Master Servicer 10 - Deed In Lieu Of Foreclosure 11 - Full Payoff 12 - Reps and Warranties 13 - Other or TBD ** Outstanding P & I Advances include the current period advance.

Specially Serviced Loan Detail - Part 1 No Specially Serviced Loans this Period Specially Serviced Loan Detail - Part 2 No Specially Serviced Loans this Period Modified Loan Detail No Modified Loans Liquidated Loan Detail No Liquidated Loans

Filing Compare · WACHOVIA COMMERCIAL MORT SEC INC COM MOR PS THR CER SE 03-C8