UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) ~~February~~April 1715, 2005

Wachovia Commercial Mortgage Securities, Inc. (as depositor under the Pooling and Servicing Agreement, dated as of July 1, 2004, relating to the Wachovia Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2004-C12)
(Exact name of registrant as specified in its charter)

North Carolina
(State or other jurisdiction
of incorporation)

333-108944-05
(Commission
File Number)

56-1643598
(IRS Employer
Identification No.)

301 South College Street, Charlotte, North Carolina
(Address of principal executive offices)

28288-0166
(Zip Code)

Registrant's telephone number, including area code 704-374-6161

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 8 - Other Events

Item 8.01. Other Events.

This current report on Form 8-K relates to the monthly distribution reported to the holders of Wachovia Commercial Mortgage Securities, Inc., Commercial Mortgage Pass-Through Certificates, Series 2004-C12, which was made on ~~February~~April 1715, 2005.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

99.1 Monthly distribution report pursuant to section 4.02 of the Pooling and Servicing Agreement for the distribution on ~~February~~April 1715, 2005.

(Exhibit No. Description)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

LASALLE BANK NATIONAL ASSOCIATION, IN ITS CAPACITY AS TRUSTEE UNDER THE POOLING AND SERVICING AGREEMENT ON BEHALF OF WACHOVIA COMMERCIAL MORTGAGE SECURITIES, INC., REGISTRANT

By: /s/ Russell Goldenberg Russell Goldenberg Group Senior Vice President Date: ~~February~~April 2320, 2005

Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Reporting Package Table of Contents Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Administrator: Nick Xeros 312.904.0708nick.xeros@abnamro.com Analyst: Christine Paidosh 714.259.6207 christine.paidosh@abnamro.com Statement Date: 135 S. LaSalle Street, Suite 1625Chicago, IL 60603USA Statements to CertificateholdersCash Reconciliation SummaryCash Reconciliation SummaryBond Interest Reconciliation Shortfall Summary Report Asset-Backed Facts ~ 15 Month Loan Status SummaryAsset-Backed Facts ~ 15 Month Loan Payoff/Loss Summary Delinquent Loan DetailHistorical Collateral PrepaymentLoan Level Detail Page 2-4Page 5Page 6-8Page 9 Page 10 Page 11-14Page 15-18 Page 19Page 20 Page 21-25 Specially Serviced (Part I) - Loan Detail Specially Serviced (Part II) - Servicer CommentsModified Loan DetailAppraisal Reduction Detail Appraisal Reduction DetailHistorical REO ReportRealized Loss Detail Page 26 Page 27Page 28Page 29 Page 30Page 31Page 32 Page(s) Information is available for this issue from the following sources Issue Id: Monthly Data File Name: WBCM4C12 WBCM4C12_200502_3.ZIP Closing Date: First Payment Date: Rated Final Payment: Date: 12-Jul-0417-Aug-04 17-Jul-41 Rating InformationDefeased Loans Page 33Page 34 Parties to The Transaction Depositor: Wachovia Commercial Mortgage Securities, Inc. Underwriter: Wachovia Securities/Citigroup Global Markets Inc/J.P. Morgan Securities Inc Master Servicer: Wachovia Bank, National Association Special Servicer: Clarion Partners, LLC Rating Agency: Standard & Poor's/Fitch Ratings 800.246.5761 LaSalle Factor Line LaSalle Web Site Servicer Web Site www.wachovia.com www.etrustee.net Page 1 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Class CUSIP Original Opening Principal Principal Negative Closing Interest Interest Pass-Through Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Next Rate(3) WAC:WAMM: Payment Date:Prior Payment:Next Payment:Record Date: 5.281649% 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2004-C12 Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment (2) Adjustment Rate 102 REMIC II Statement Date: ABN AMRO Acct: 721919.1 929.768657400 11.406891800 0.000000000 918.361765600 2.637443800 Fixed 0.00 0.00 0.000000000 3.40400000% 0.000000000 929766SC8 A1 50,000,000.00 46,488,432.87 570,344.59 0.00 45,918,088.28 131,872.19 1000.000000000 0.000000000 0.000000000 1000.000000000 4.167500000 Fixed 0.00 0.00 0.000000000 5.00100000% 0.000000000 929766SD6 A2 199,000,000.00 199,000,000.00 0.00 0.00 199,000,000.00 829,332.50 1000.000000000 0.000000000 0.000000000 1000.000000000 4.358333293 5.230000000% 0.00 0.00 0.000000000 5.23000000% 0.000000000 929766TL7 A3 82,000,000.00 82,000,000.00 0.00 0.00 82,000,000.00 357,383.33 1000.000000000 0.000000000 0.000000000 1000.000000000 4.362716625 5.235503612% 0.00 0.00 0.000000000 5.23525995% 0.000000000 929766TM5 A4 474,876,000.00 474,876,000.00 0.00 0.00 474,876,000.00 2,071,749.42 997.634852431 0.387139641 0.000000000 997.247712790 4.348025228 5.230000000% 0.00 0.00 0.000000000 5.23000000% 0.000000000 929766SK0 A1-A 115,031,000.00 114,758,934.71 44,533.06 0.00 114,714,401.65 500,157.69 996.440932322 0.000000000 0.000000000 995.862548661 0.108032346 0.129300866% 0.00 0.00 0.000000000 0.13010186% 0.000000000 N 929766SJ3 IO 1,063,096,508.00 1,059,312,875.58 0.00 0.00 1,058,697,997.93 114,848.81 1000.000000000 0.000000000 0.000000000 1000.000000000 4.362716651 5.235503612% 0.00 0.00 0.000000000 5.23525995% 0.000000000 929766SE4 B 25,248,000.00 25,248,000.00 0.00 0.00 25,248,000.00 110,149.87 1000.000000000 0.000000000 0.000000000 1000.000000000 4.362716620 5.235503612% 0.00 0.00 0.000000000 5.23525995% 0.000000000 929766SF1 C 9,302,000.00 9,302,000.00 0.00 0.00 9,302,000.00 40,581.99 1000.000000000 0.000000000 0.000000000 1000.000000000 4.362716689 5.235503612% 0.00 0.00 0.000000000 5.23525995% 0.000000000 929766SG9 D 22,590,000.00 22,590,000.00 0.00 0.00 22,590,000.00 98,553.77 1000.000000000 0.000000000 0.000000000 1000.000000000 4.362716839 5.235503612% 0.00 0.00 0.000000000 5.23525995% 0.000000000 929766SH7 E 10,630,000.00 10,630,000.00 0.00 0.00 10,630,000.00 46,375.68 1000.000000000 0.000000000 0.000000000 1000.000000000 4.362716782 5.235503612% 0.00 0.00 0.000000000 5.23525995% 0.000000000 929766SL8 F 11,959,000.00 11,959,000.00 0.00 0.00 11,959,000.00 52,173.73 1000.000000000 0.000000000 0.000000000 1000.000000000 4.362716782 5.235503612% 0.00 0.00 0.000000000 5.23525995% 0.000000000 929766SM6 G 11,959,000.00 11,959,000.00 0.00 0.00 11,959,000.00 52,173.73 1000.000000000 0.000000000 0.000000000 1000.000000000 4.362716737 5.235503612% 0.00 0.00 0.000000000 5.23525995% 0.000000000 929766SN4 H 13,288,000.00 13,288,000.00 0.00 0.00 13,288,000.00 57,971.78 1000.000000000 0.000000000 0.000000000 1000.000000000 4.250000000 5.100000000% 0.00 0.00 0.000000000 5.10000000% 0.000000000 929766SP9 J 3,986,000.00 3,986,000.00 0.00 0.00 3,986,000.00 16,940.50 1000.000000000 0.000000000 0.000000000 1000.000000000 4.250000000 5.100000000% 0.00 0.00 0.000000000 5.10000000% 0.000000000 929766SQ7 K 2,657,000.00 2,657,000.00 0.00 0.00 2,657,000.00 11,292.25 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 2 of 34 Notes: (1) N denotes notional balance not included in total (2) Accrued Interest Plus/Minus Interest Adjustment Minus Deferred Interest equals Interest Payment (3) Estimated. * Denotes Controlling Class Class CUSIP Original Opening Principal Principal Negative Closing Interest Interest Pass-Through Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Next Rate(3) WAC:WAMM: Payment Date:Prior Payment:Next Payment:Record Date: 5.281649% 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2004-C12 Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment (2) Adjustment Rate 102 REMIC II Statement Date: ABN AMRO Acct: 721919.1 1000.000000000 0.000000000 0.000000000 1000.000000000 4.250000000 5.100000000% 0.00 0.00 0.000000000 5.10000000% 0.000000000 929766SR5 L 5,315,000.00 5,315,000.00 0.00 0.00 5,315,000.00 22,588.75 1000.000000000 0.000000000 0.000000000 1000.000000000 4.250000000 5.100000000% 0.00 0.00 0.000000000 5.10000000% 0.000000000 929766SS3 M 3,986,000.00 3,986,000.00 0.00 0.00 3,986,000.00 16,940.50 1000.000000000 0.000000000 0.000000000 1000.000000000 4.250000000 5.100000000% 0.00 0.00 0.000000000 5.10000000% 0.000000000 929766ST1 N 2,657,000.00 2,657,000.00 0.00 0.00 2,657,000.00 11,292.25 1000.000000000 0.000000000 0.000000000 1000.000000000 4.250000000 5.100000000% 0.00 0.00 0.000000000 5.10000000% 0.000000000 929766SU8 O 2,657,000.00 2,657,000.00 0.00 0.00 2,657,000.00 11,292.25 1000.000000000 0.000000000 0.000000000 1000.000000000 4.250000063 5.100000000% 0.00 0.00 0.000000000 5.10000000% 0.000000000 929766SV6 P 15,955,508.00 15,955,508.00 0.00 0.00 15,955,508.00 67,810.91 999.999967541 0.000000000 0.000000000 999.999967541 4.532591251 4.908680000% 0.00 0.00 0.000000000 5.43911000% 0.000000000 929766SW4 MAD 13,555,555.00 13,555,554.56 0.00 0.00 13,555,554.56 61,441.79 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.00 0.00 0.000000000 N/A 0.000000000 9ABSR4249 R-II 0.00 0.00 0.00 0.00 0.00 0.00 Total P&I Payment 0.00 0.00 1,076,652,063.00 1,072,868,430.14 5,297,801.34 Total 1,072,253,552.49 614,877.65 0.00 4,682,923.69 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 3 of 34 Notes: (1) N denotes notional balance not included in total (2) Accrued Interest Plus/Minus Interest Adjustment Minus Deferred Interest equals Interest Payment (3) Estimated. * Denotes Controlling Class Class CUSIP Original Opening Principal Principal Negative Closing Interest Interest Pass-Through Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Per $ 1000 Next Rate(3) WAC:WAMM: Payment Date:Prior Payment:Next Payment:Record Date: 5.281649% 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2004-C12 Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment (2) Adjustment Rate 102 Grantor Trust Statement Date: ABN AMRO Acct: 721919.1 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.00 0.00 0.000000000 N/A 0.000000000 9ABSR4223 Z 0.00 0.00 0.00 0.00 0.00 0.00 Total P&I Payment 0.00 0.00 0.00 0.00 0.00 Total 0.00 0.00 0.00 0.00 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 4 of 34 Notes: (1) N denotes notional balance not included in total (2) Accrued Interest Plus/Minus Interest Adjustment Minus Deferred Interest equals Interest Payment (3) Estimated. * Denotes Controlling Class Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Statement Date: Cash Reconciliation Summary Current Scheduled Interest Interest Summary Less Deferred Interest Plus Gross Advance Interest Less PPIS Reducing Scheduled Int 4,877,434.34 0.000.00 Less ASER Interest Adv Reduction 0.00 Less Other Adjustment 0.00 Total 4,877,434.34 Unscheduled Interest:Prepayment Penalties 0.00 Yield Maintenance Penalties 0.00 Other Interest Proceeds 0.00 Total 0.00 Less Fees & Expenses Paid By/T Less Fee Paid To Servicer Less Fee Strips Paid by Servicer Non Recoverable AdvancesMisc. Fees & Expenses Total Unscheduled Fees & Expenses Total Interest Due Trust Less Fees & Expenses Paid By/To TrustTrustee FeeFee StripsMisc. FeesInterest Reserve WithholdingPlus Interest Reserve DepositTotal Total Interest Due Certs Principal Summary Scheduled Principal:Current Scheduled PrincipalAdvanced Scheduled Principal Scheduled PrincipalUnscheduled Principal:CurtailmentsPrepayments in FullLiquidation ProceedsRepurchase ProceedsOther Principal ProceedsTotal Unscheduled Principal Remittance Principal Remittance P&I Due Trust Remittance P&I Due Certs Pool Balance Summary Beginning PoolScheduled PrincipalUnscheduled PrincipalDeferred InterestLiquidationsRepurchasesEnding Pool Balance Count Principal Interest Prior Outstanding Plus Current Period Less Recovered Ending Outstanding Master Servicing Fee Summary Master Servicing Fees Plus Fees Advanced for PPIS Less Reduction for PPISPlus Delinquent Servicing Fees Total Master Servicing Fees PPIS Summary Gross PPISReduced by PPIEReduced by Shortfalls in FeesReduced by Other AmountsPPIS Reducing Scheduled InterestPPIS Reducing Servicing Fee PPIS Due Certificate 0.00 0.000.00 0.00 4,840,051.10 ) (1,788.11 0.000.00 ) (155,339.29 ) (157,127.41 614,877.60 0.00 614,877.60 0.050.00 0.00 0.000.000.05 614,877.65 5,454,928.75 5,297,801.34 1,072,868,431.67 97 614,877.60 0.05 0 0.000.00 0 0.00 0 1,072,253,554.02 97 0.00 0.00 0.00 0.00 0.00 0.00 37,383.24 0.00 0.00 0.00 37,383.24 0.000.000.000.000.000.00 0.00 Advance Summary (Advance Made by Servicer) ) (37,383.24 4,682,923.69 Less Other Interest Not Advanced 0.00 0.00 Workout FeesLiquidation Fees 0.000.00 Less Non Recovered 0.00 0.000.00 0.00 0.00 Grace Period InterestAdvance Interest Plus Trustee Fees Paid by Servicer 0.00 Grace Period Servicing Fee Deliquent Servicing Fee Grace Period Principal Advance Principal 0.00 0.00 0.00 0.00 0.00 0.00 Page 5 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Statement Date: Cash Reconciliation Summary Pool Group 1 Current Scheduled Interest Interest Summary Less Deferred Interest Plus Gross Advance Interest Less PPIS Reducing Scheduled Int 3,939,368.66 0.000.00 Less ASER Interest Adv Reduction 0.00 Less Other Adjustment 0.00 Total 3,939,368.66 Unscheduled Interest:Prepayment Penalties 0.00 Yield Maintenance Penalties 0.00 Other Interest Proceeds 0.00 Total 0.00 Less Fees & Expenses Paid By/To Servicer Less Fee Paid To Servicer Less Fee Strips Paid by Servicer Special Servicing Fees Interest Due Serv on AdvancesRecoup of Prior AdvancesMisc. Fees & Expenses Total Unscheduled Fees & Expenses Total Interest Due Trust Less Fees & Expenses Paid By/To TrustTrustee FeeFee StripsMisc. FeesInterest Reserve WithholdingPlus Interest Reserve DepositTotal Total Interest Due Certs Principal Summary Scheduled Principal:Current Scheduled PrincipalAdvanced Scheduled PrincipalScheduled PrincipalUnscheduled Principal:CurtailmentsPrepayments in FullLiquidation ProceedsRepurchase ProceedsOther Principal ProceedsTotal Unscheduled Principal Remittance Principal Remittance P&I Due Trust Remittance P&I Due Certs Pool Balance Summary Beginning PoolScheduled PrincipalUnscheduled PrincipalDeferred InterestLiquidationsRepurchases Ending Pool Balance Count Principal Interest Prior Outstanding Plus Current Period Less Recovered Ending Outstanding Servicing Fee Summary Current Servicing FeesPlus Fees Advanced for PPISLess Reduction for PPISPlus Delinquent Servicing Fees Total Servicing Fees PPIS Summary Gross PPISReduced by PPIEReduced by Shortfalls in FeesReduced by Other AmountsPPIS Reducing Scheduled InterestPPIS Reducing Servicing Fee PPIS Due Certificate 0.00 0.00 0.000.00 0.00 0.00 3,909,431.82 ) (1,437.59 0.000.00 ) (127,076.41 ) (128,514.00 570,344.54 0.00 570,344.54 0.050.000.000.000.000.05 570,344.59 4,479,776.41 4,351,262.41 862,553,905.38 80 570,344.54 0.05 0 0.000.00 0 0.00 0 861,983,560.79 80 0.00 0.00 0.00 0.00 0.00 0.00 29,936.83 0.000.000.00 29,936.83 0.000.000.000.000.000.00 0.00 ) (29,936.83 3,780,917.82 Interest Not Advanced ( Current Period ) 0.00 0.00 Workout FeesLiquidation Fees 0.000.00 Less Non Recovered 0.00 0.000.00 0.00 0.00 Advance Summary (Advance Made by Servicer) Page 6 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Statement Date: Cash Reconciliation Summary Pool Group 2 Current Scheduled Interest Interest Summary Less Deferred Interest Plus Gross Advance Interest Less PPIS Reducing Scheduled Int 501,606.93 0.000.00 Less ASER Interest Adv Reduction 0.00 Less Other Adjustment 0.00 Total 501,606.93 Unscheduled Interest:Prepayment Penalties 0.00 Yield Maintenance Penalties 0.00 Other Interest Proceeds 0.00 Total 0.00 Less Fees & Expenses Paid By/To Servicer Less Fee Paid To Servicer Less Fee Strips Paid by Servicer Special Servicing Fees Interest Due Serv on AdvancesRecoup of Prior AdvancesMisc. Fees & Expenses Total Unscheduled Fees & Expenses Total Interest Due Trust Less Fees & Expenses Paid By/To TrustTrustee FeeFee StripsMisc. FeesInterest Reserve WithholdingPlus Interest Reserve DepositTotal Total Interest Due Certs Principal Summary Scheduled Principal:Current Scheduled PrincipalAdvanced Scheduled PrincipalScheduled PrincipalUnscheduled Principal:CurtailmentsPrepayments in FullLiquidation ProceedsRepurchase ProceedsOther Principal ProceedsTotal Unscheduled Principal Remittance Principal Remittance P&I Due Trust Remittance P&I Due Certs Pool Balance Summary Beginning PoolScheduled PrincipalUnscheduled PrincipalDeferred InterestLiquidationsRepurchases Ending Pool Balance Count Principal Interest Prior Outstanding Plus Current Period Less Recovered Ending Outstanding Servicing Fee Summary Current Servicing FeesPlus Fees Advanced for PPISLess Reduction for PPISPlus Delinquent Servicing Fees Total Servicing Fees PPIS Summary Gross PPISReduced by PPIEReduced by Shortfalls in FeesReduced by Other AmountsPPIS Reducing Scheduled InterestPPIS Reducing Servicing Fee PPIS Due Certificate 0.00 0.00 0.000.00 0.00 0.00 497,345.71 ) (191.26 0.000.00 ) (16,180.87 ) (16,372.13 44,533.06 0.00 44,533.06 0.000.000.000.000.000.00 44,533.06 541,878.77 525,506.63 114,758,970.73 15 44,533.06 0.00 0 0.000.00 0 0.00 0 114,714,437.67 15 0.00 0.00 0.00 0.00 0.00 0.00 4,261.22 0.000.000.00 4,261.22 0.000.000.000.000.000.00 0.00 ) (4,261.22 480,973.57 Interest Not Advanced ( Current Period ) 0.00 0.00 Workout FeesLiquidation Fees 0.000.00 Less Non Recovered 0.00 0.000.00 0.00 0.00 Advance Summary (Advance Made by Servicer) Page 7 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Statement Date: Cash Reconciliation Summary Madison Loan - Non Pooled Current Scheduled Interest Interest Summary Less Deferred Interest Plus Gross Advance Interest Less PPIS Reducing Scheduled Int 61,916.24 0.000.00 Less ASER Interest Adv Reduction 0.00 Less Other Adjustment 0.00 Total 61,916.24 Unscheduled Interest:Prepayment Penalties 0.00 Yield Maintenance Penalties 0.00 Other Interest Proceeds 0.00 Total 0.00 Less Fees & Expenses Paid By/To Servicer Less Fee Paid To Servicer Less Fee Strips Paid by Servicer Special Servicing Fees Interest Due Serv on AdvancesRecoup of Prior AdvancesMisc. Fees & Expenses Total Unscheduled Fees & Expenses Total Interest Due Trust Less Fees & Expenses Paid By/To TrustTrustee FeeFee StripsMisc. FeesInterest Reserve WithholdingPlus Interest Reserve DepositTotal Total Interest Due Certs Principal Summary Scheduled Principal:Current Scheduled PrincipalAdvanced Scheduled PrincipalScheduled PrincipalUnscheduled Principal:CurtailmentsPrepayments in FullLiquidation ProceedsRepurchase ProceedsOther Principal ProceedsTotal Unscheduled Principal Remittance Principal Remittance P&I Due Trust Remittance P&I Due Certs Pool Balance Summary Beginning PoolScheduled PrincipalUnscheduled PrincipalDeferred InterestLiquidationsRepurchases Ending Pool Balance Count Principal Interest Prior Outstanding Plus Current Period Less Recovered Ending Outstanding Servicing Fee Summary Current Servicing FeesPlus Fees Advanced for PPISLess Reduction for PPISPlus Delinquent Servicing Fees Total Servicing Fees PPIS Summary Gross PPISReduced by PPIEReduced by Shortfalls in FeesReduced by Other AmountsPPIS Reducing Scheduled InterestPPIS Reducing Servicing Fee PPIS Due Certificate 0.00 0.00 0.000.00 0.00 0.00 61,464.39 ) (22.59 0.000.000.00 ) (22.59 0.000.000.00 0.000.000.000.000.000.000.00 61,464.39 61,441.80 13,555,555.56 1 0.000.00 0 0.000.00 0 0.00 0 13,555,555.56 1 0.00 0.00 0.00 0.00 0.00 0.00 451.85 0.000.000.00 451.85 0.000.000.000.000.000.00 0.00 ) (451.85 61,441.80 Interest Not Advanced ( Current Period ) 0.00 0.00 Workout FeesLiquidation Fees 0.000.00 Less Non Recovered 0.00 0.000.00 0.00 0.00 Advance Summary (Advance Made by Servicer) Page 8 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Class Accrued Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1Bond Interest Reconciliation Deductions Allocable Deferred & Prior Prepay- Other Additions Interest Credit Support Original Current(4) Accrual Int. Short- falls Due ment Interest Interest (2) Payment Amount PPIS Interest Certificate Accretion Interest Loss/Exp Interest Penalties Proceeds (1) Interest Shortfalls Certificate Rate PassThru Method Days Outstanding Remaining Statement Date: Distributable Current Period (Shortfall)/ Recovery Int Accrual on Prior Shortfall (3) 0.00 0.00 0.00 0.00 0.00 A1 30 131,872.19 131,872.19 131,872.19 0.00 13.38% 13.43% 30/360 3.404000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A2 30 829,332.50 829,332.50 829,332.50 0.00 13.38% 13.43% 30/360 5.001000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A3 30 357,383.33 357,383.33 357,383.33 0.00 13.38% 13.43% 30/360 5.230000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A4 30 2,071,749.42 2,071,749.42 2,071,749.42 0.00 13.38% 13.43% 30/360 5.235259951% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A1-A 30 500,157.69 500,157.69 500,157.69 0.00 13.38% 13.43% 30/360 5.230000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 IO 30 114,848.81 114,848.81 114,848.81 0.00 NA NA 30/360 0.130101860% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 B 30 110,149.87 110,149.87 110,149.87 0.00 11.00% 11.05% 30/360 5.235259951% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 C 30 40,581.99 40,581.99 40,581.99 0.00 10.13% 10.17% 30/360 5.235259951% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D 30 98,553.77 98,553.77 98,553.77 0.00 8.00% 8.03% 30/360 5.235259951% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 E 30 46,375.68 46,375.68 46,375.68 0.00 7.00% 7.03% 30/360 5.235259951% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 F 30 52,173.73 52,173.73 52,173.73 0.00 5.88% 5.90% 30/360 5.235259951% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 G 30 52,173.73 52,173.73 52,173.73 0.00 4.75% 4.77% 30/360 5.235259951% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 H 30 57,971.78 57,971.78 57,971.78 0.00 3.50% 3.52% 30/360 5.235259951% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 J 30 16,940.50 16,940.50 16,940.50 0.00 3.13% 3.14% 30/360 5.100000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 K 30 11,292.25 11,292.25 11,292.25 0.00 2.88% 2.89% 30/360 5.100000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 L 30 22,588.75 22,588.75 22,588.75 0.00 2.38% 2.39% 30/360 5.100000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 M 30 16,940.50 16,940.50 16,940.50 0.00 2.00% 2.01% 30/360 5.100000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N 30 11,292.25 11,292.25 11,292.25 0.00 1.75% 1.76% 30/360 5.100000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 O 30 11,292.25 11,292.25 11,292.25 0.00 1.50% 1.51% 30/360 5.100000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P 30 67,810.91 67,810.91 67,810.91 0.00 0.00% 0.00% 30/360 5.100000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 MAD 30 61,441.79 61,441.79 61,441.79 0.00 NA NA 30/360 5.439110000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Z 30 0.00 0.00 0.00 0.00 NA NA 0.000000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4,682,923.69 4,682,923.69 4,682,923.69 0.00 0.00 0.00 0.00 (2) Accrued - Deductions + Additions Interest (3) Includes interest accrued on outstanding Interest Shortfalls and/or Loss Allocations. Where applicable. 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 9 of 34 (1) Other Interest Proceeds are additional interest amounts specifically allocated to the bond(s) and used in determining the bonds Distributable Interest. (4) Determined as follows: (A) the ending balance of all the classes less (B) the sum of (i) the ending balance of the class and (ii) the ending balance of all classes which are not subordinate to the class divided by (A). Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Interest Adjustments Summary Statement Date 0.00 0.00 0.00 0.00 Special Servicing Fees Workout Fees Liquidation Fees Legal Fees 0.00 0.00 Misc. Fees & Expenses Paid by/to Servicer Interest Paid to Servicer on Outstanding Advances 0.00 0.00 ASER Interest Advance Reduction Interest Not Advanced (Current Period) Recoup of Prior Advances by Servicer 0.00 0.00 Servicing Fees Paid Servicer on Loans Not Advanced Misc. Fees & Expenses Paid by Trust 0.00 0.00 0.00 Shortfall Due to Rate Modification Total Shortfall Allocated to the Bonds Total Interest Adjustment to the Bonds 0.00 Shortfall Allocated to the Bonds: Excess Allocated to the Bonds: Other Interest Proceeds Due the Bonds Yield Maintenance Penalties Due the Bonds Prepayment Penalties Due the Bonds Recovered ASER Interest Due the Bonds Recovered Interest Due the Bonds Less Total Shortfall Allocated to the Bonds Total Excess Allocated to the Bonds 0.00 0.00 Total Excess Allocated to the Bonds 0.00 0.00 Aggregate Interest Adjustment Allocated to the Bonds 0.00 0.00 0.00 0.00 Prepayment Interest Excess Due the Bonds 0.00 ARD Excess Interest 0.00 0.00 0.00 Net Prepayment Int. Shortfalls Allocated to the Bonds Other Interest Loss Page 10 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Distribution Date Delinq 1 Month Delinq 2 Months Delinq 3+ Months Foreclosure REO Modifications Specially Serviced Bankruptcy # Balance # Balance # Balance # Balance # Balance # Balance # Balance # Balance Delinquency Aging Categories Special Event Categories (1) Statement Date: ABN AMRO Acct: 721919.1 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Feb-05 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18-Jan-05 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Dec-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18-Nov-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18-Oct-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Sep-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Aug-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category Page 11 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Distribution Date Delinq 1 Month Delinq 2 Months Delinq 3+ Months Foreclosure REO Modifications Specially Serviced Bankruptcy # Balance # Balance # Balance # Balance # Balance # Balance # Balance # Balance Delinquency Aging Categories Special Event Categories (1) Statement Date: Pool Group 1 ABN AMRO Acct: 721919.1 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Feb-05 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18-Jan-05 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Dec-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18-Nov-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18-Oct-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Sep-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Aug-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category Page 12 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Distribution Date Delinq 1 Month Delinq 2 Months Delinq 3+ Months Foreclosure REO Modifications Specially Serviced Bankruptcy # Balance # Balance # Balance # Balance # Balance # Balance # Balance # Balance Delinquency Aging Categories Special Event Categories (1) Statement Date: Pool Group 2 ABN AMRO Acct: 721919.1 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Feb-05 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18-Jan-05 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Dec-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18-Nov-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18-Oct-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Sep-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Aug-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category Page 13 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 Asset-Backed Facts ~ 15 Month Historical Loan Status Summary Distribution Date Delinq 1 Month Delinq 2 Months Delinq 3+ Months Foreclosure REO Modifications Specially Serviced Bankruptcy # Balance # Balance # Balance # Balance # Balance # Balance # Balance # Balance Delinquency Aging Categories Special Event Categories (1) Statement Date: Madison Loan - Non Pooled ABN AMRO Acct: 721919.1 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Feb-05 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18-Jan-05 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Dec-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18-Nov-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 18-Oct-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Sep-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00% 0.00% 0.00% 0.00% 0 0.00% 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17-Aug-04 0 0 0 0 0 0 0 0 0 0 0 0 0 0 (1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category Page 14 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary Distribution Date Ending Pool (1) Payoffs(2) Penalties Appraisal Reduct. (2) Liquidations (2) Realized Losses (2) Remaining Term Curr Weighted Avg. # Balance # Balance # Amount # Balance # Balance # Amount Life Coupon Remit Statement Date: Amort ABN AMRO Acct: 721919.1 Series 2004-C12 17-Feb-05 97 100.00% 1,072,253,554 99.59% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 102 307 5.28% 5.24% 0 0 0 0 18-Jan-05 97 100.00% 1,072,868,432 99.65% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 103 308 5.28% 5.24% 0 0 0 0 17-Dec-04 97 100.00% 1,073,480,465 99.71% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 104 309 5.28% 5.24% 0 0 0 0 18-Nov-04 97 100.00% 1,074,167,480 99.77% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 105 310 5.46% 5.41% 0 0 0 0 18-Oct-04 97 100.00% 1,074,773,499 99.83% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 106 311 5.28% 5.24% 0 0 0 0 17-Sep-04 97 100.00% 1,075,454,720 99.89% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 107 312 5.46% 5.41% 0 0 0 0 17-Aug-04 97 100.00% 1,076,054,780 99.94% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 108 312 5.46% 5.41% 0 0 0 0 (1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period. Page 15 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary Distribution Date Ending Pool (1) Payoffs(2) Penalties Appraisal Reduct. (2) Liquidations (2) Realized Losses (2) Remaining Term Curr Weighted Avg. # Balance # Balance # Amount # Balance # Balance # Amount Life Coupon Remit Statement Date: Pool Group 1 Amort ABN AMRO Acct: 721919.1 Series 2004-C12 17-Feb-05 81 83.51% 943,983,561 87.68% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 106 329 5.30% 5.26% 0 0 0 0 18-Jan-05 81 83.51% 944,553,905 87.73% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 107 330 5.30% 5.26% 0 0 0 0 17-Dec-04 81 83.51% 945,121,615 87.78% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 108 331 5.30% 5.26% 0 0 0 0 18-Nov-04 81 83.51% 945,759,837 87.84% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 109 332 5.48% 5.44% 0 0 0 0 18-Oct-04 81 83.51% 946,321,971 87.89% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 110 333 5.30% 5.26% 0 0 0 0 17-Sep-04 81 83.51% 946,954,822 87.95% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 111 334 5.48% 5.44% 0 0 0 0 17-Aug-04 81 83.51% 947,511,433 88.01% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 112 335 5.48% 5.44% 0 0 0 0 (1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period. Page 16 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary Distribution Date Ending Pool (1) Payoffs(2) Penalties Appraisal Reduct. (2) Liquidations (2) Realized Losses (2) Remaining Term Curr Weighted Avg. # Balance # Balance # Amount # Balance # Balance # Amount Life Coupon Remit Statement Date: Pool Group 2 Amort ABN AMRO Acct: 721919.1 Series 2004-C12 17-Feb-05 15 15.46% 114,714,438 10.65% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 88 287 5.08% 5.03% 0 0 0 0 18-Jan-05 15 15.46% 114,758,971 10.66% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 89 288 5.08% 5.03% 0 0 0 0 17-Dec-04 15 15.46% 114,803,294 10.66% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 90 288 5.08% 5.03% 0 0 0 0 18-Nov-04 15 15.46% 114,852,088 10.67% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 91 289 5.25% 5.20% 0 0 0 0 18-Oct-04 15 15.46% 114,895,972 10.67% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 92 290 5.08% 5.03% 0 0 0 0 17-Sep-04 15 15.46% 114,944,343 10.68% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 93 291 5.25% 5.20% 0 0 0 0 17-Aug-04 15 15.46% 114,987,792 10.68% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 94 292 5.25% 5.20% 0 0 0 0 (1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period. Page 17 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary Distribution Date Ending Pool (1) Payoffs(2) Penalties Appraisal Reduct. (2) Liquidations (2) Realized Losses (2) Remaining Term Curr Weighted Avg. # Balance # Balance # Amount # Balance # Balance # Amount Life Coupon Remit Statement Date: Madison Loan - Non Pooled Amort ABN AMRO Acct: 721919.1 Series 2004-C12 17-Feb-05 1 1.03% 13,555,556 1.26% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 107 353 5.48% 5.44% 0 0 0 0 18-Jan-05 1 1.03% 13,555,556 1.26% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 108 354 5.48% 5.44% 0 0 0 0 17-Dec-04 1 1.03% 13,555,556 1.26% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 109 355 5.30% 5.26% 0 0 0 0 18-Nov-04 1 1.03% 13,555,556 1.26% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 110 356 5.48% 5.44% 0 0 0 0 18-Oct-04 1 1.03% 13,555,556 1.26% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 111 357 5.30% 5.26% 0 0 0 0 17-Sep-04 1 1.03% 13,555,556 1.26% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 112 358 5.48% 5.44% 0 0 0 0 17-Aug-04 1 1.03% 13,555,556 1.26% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 113 359 5.48% 5.44% 0 0 0 0 (1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period. Page 18 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Delinquent Loan Detail Disclosure Control # Paid ThruDate Current P&I Advance Outstanding P&I Advances** Out. Property Protection Advances Loan Status Code (1) Special Servicer Transfer Date Foreclosure Date Bankruptcy Date REO Date Statement Date: Total 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 19 of 34 A. In Grace Period 1. Delinq. 1 month 2. Delinq. 2 months 3. Delinquent 3 + months 4. Performing Matured Balloon ** Outstanding P&I Advances include the current period P&I Advances and may include Servicer and Trust Advances. 7. Foreclosure 9. REO B. Late Payment but < 1 month delinq. 5. Non Performing Matured Balloon Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Historical Collateral Level Prepayment Report Disclosure Control # PayoffPeriod Initial Balance Type Payoff Amount Penalty Amount Prepayment Date Maturity Date Property Type Geographic Location Statement Date: Cumulative Current 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 20 of 34 Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Loan Level Detail Disclosure Control # Group Property Type Maturity Date PFY DSCR OperatingStatement Date Geo. Location Ending Principal Balance Note Rate Scheduled P&I Prepayment Amount Prepayment Date Loan Status Code (1) Statement Date: CA 5.06800% 1-Feb-14 WBC4C12A Office 0.00 118,353,233 649,182 1 NY 5.30430% 11-Jan-14 WBC4C12C Office 0.00 82,000,000 374,543 2 DC 5.29000% 11-May-11 WBC4C12A Office 0.00 58,500,000 266,484 3 NC 4.92000% 11-May-14 WBC4C12A Retail 0.00 57,500,000 243,608 4 NY 5.66000% 11-Jun-09 WBC4C12A Office 0.00 35,000,000 170,586 5 AL 5.43000% 11-Jun-14 WBC4C12A Retail 0.00 32,330,956 183,670 6 FL 5.80500% 11-May-11 WBC4C12A Office 0.00 30,000,000 149,963 7 FL 6.23000% 11-Dec-13 WBC4C12A Retail 0.00 22,715,354 141,316 8 NY 5.05000% 11-Jun-14 WBC4C12A Retail 0.00 20,500,000 89,147 9 CA 4.56000% 11-May-14 WBC4C12B Multifamily 0.00 18,200,000 71,465 10 RI 5.80000% 11-Jun-14 WBC4C12A Retail 0.00 17,430,000 87,053 11 CA 4.61000% 11-Apr-09 WBC4C12B Multifamily 0.00 17,000,000 67,485 12 GA 4.84000% 11-May-14 WBC4C12A Office 0.00 16,500,000 68,768 13 CA 5.92000% 11-Jul-14 WBC4C12A Industrial 0.00 16,295,873 97,484 14 NM 5.80000% 11-May-14 WBC4C12A Multifamily 0.00 15,250,000 76,165 15 NY 5.54000% 11-Jun-14 WBC4C12A Industrial 0.00 14,879,168 85,545 16 GA 4.95000% 11-May-14 WBC4C12A Office 0.00 14,351,202 77,397 17 CA 4.26000% 11-Jun-09 WBC4C12B Multifamily 0.00 14,000,000 51,357 18 PA 5.07000% 11-Jun-14 WBC4C12A Mobile home park 0.00 13,320,113 72,725 19 OK 5.35450% 1-Apr-14 WBC4C12A Retail 0.00 12,912,006 72,910 20 NV 5.50000% 11-Jul-14 WBC4C12A Retail 0.00 13,000,000 61,569 21 OH 5.90000% 11-Jun-11 WBC4C12A Office 0.00 12,725,000 64,650 22 MD 5.73000% 11-May-14 WBC4C12A Office 0.00 11,896,252 69,876 23 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 21 of 34 * NOI and DSCR, if available and reportable under the terms of the trust agreement, are based on information obtained from the related borrower, and no other party to the agreement shall be held liable for the accuracy or methodology used to determine such figures. (1) Legend: A. In Grace PeriodB. Late Payment but < 1 month delinq 1. Delinquent 1 month2. Delinquent 2 months 3. Delinquent 3+ months4. Performing Matured Balloon 7. Foreclosure 9. REO 5. Non Performing Matured Ballon Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Loan Level Detail Disclosure Control # Group Property Type Maturity Date PFY DSCR OperatingStatement Date Geo. Location Ending Principal Balance Note Rate Scheduled P&I Prepayment Amount Prepayment Date Loan Status Code (1) Statement Date: NJ 4.30000% 11-Jun-09 WBC4C12A Self storage 0.00 11,946,000 44,233 24 GA 5.32000% 11-May-14 WBC4C12A Retail 0.00 11,331,619 63,669 25 TX 5.11000% 11-Jun-24 WBC4C12A Retail 0.00 10,789,575 73,720 26 AL 5.67000% 11-Jun-11 WBC4C12A Multifamily 0.00 10,960,000 53,512 27 NJ 4.30000% 11-Jun-09 WBC4C12A Self storage 0.00 10,560,000 39,101 28 OH 5.96000% 11-Jun-09 WBC4C12B Multifamily 0.00 9,827,443 59,101 29 WA 5.66000% 11-Jun-14 WBC4C12B Multifamily 0.00 9,400,000 45,815 30 31-Dec-04 NV 5.27000% 11-May-14 WBC4C12B Multifamily 1.32 9,300,000 42,204 31 WA 5.19000% 11-Jun-14 WBC4C12A Office 0.00 9,040,710 50,023 32 NJ 5.50000% 11-Jun-14 WBC4C12A Lodging 0.00 8,892,970 55,268 33 MA 5.01000% 11-Jun-14 WBC4C12A Office 0.00 8,794,818 47,697 34 TX 5.71000% 11-Jun-14 WBC4C12A Retail 0.00 8,731,745 51,131 35 VA 5.12000% 11-May-14 WBC4C12A Office 0.00 8,415,893 46,255 36 CA 5.42000% 11-Jul-19 WBC4C12A Retail 0.00 7,798,619 65,366 37 NV 6.44200% 11-Jun-14 WBC4C12A Office 0.00 7,748,936 49,004 38 CA 5.31000% 11-Apr-14 WBC4C12B Multifamily 0.00 7,716,728 43,362 39 NJ 4.76000% 11-Apr-14 WBC4C12A Industrial 0.00 7,690,000 31,520 40 ID 5.48000% 11-May-14 WBC4C12A Multifamily 0.00 7,530,497 43,057 41 PA 6.07000% 11-Jul-14 WBC4C12A Retail 0.00 7,430,302 48,644 42 FL 5.50000% 11-Jun-14 WBC4C12A Lodging 0.00 7,213,187 44,828 43 FL 6.19000% 11-Jul-14 WBC4C12A Office 0.00 7,206,841 44,357 44 CA 4.30000% 11-Jun-09 WBC4C12A Self storage 0.00 6,960,000 25,771 45 WA 5.44000% 11-May-14 WBC4C12B Multifamily 0.00 6,600,000 30,917 46 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 22 of 34 * NOI and DSCR, if available and reportable under the terms of the trust agreement, are based on information obtained from the related borrower, and no other party to the agreement shall be held liable for the accuracy or methodology used to determine such figures. (1) Legend: A. In Grace PeriodB. Late Payment but < 1 month delinq 1. Delinquent 1 month2. Delinquent 2 months 3. Delinquent 3+ months4. Performing Matured Balloon 7. Foreclosure 9. REO 5. Non Performing Matured Ballon Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Loan Level Detail Disclosure Control # Group Property Type Maturity Date PFY DSCR OperatingStatement Date Geo. Location Ending Principal Balance Note Rate Scheduled P&I Prepayment Amount Prepayment Date Loan Status Code (1) Statement Date: WI 5.85600% 11-Jun-14 WBC4C12A Retail 0.00 6,351,969 37,781 47 MD 5.22000% 11-Jun-14 WBC4C12A Self storage 0.00 6,245,580 34,672 48 CA 4.46000% 11-May-11 WBC4C12A Industrial 0.00 6,032,000 23,166 49 SC 5.50000% 11-Jun-14 WBC4C12A Lodging 0.00 5,948,409 36,968 50 NJ 6.08000% 11-Jul-14 WBC4C12A Office 0.00 5,863,936 35,678 51 FL 4.30000% 11-Jun-09 WBC4C12A Self storage 0.00 5,848,000 21,654 52 WA 5.09000% 11-Jun-14 WBC4C12A Retail 0.00 5,331,197 31,852 53 VA 5.45000% 11-May-14 WBC4C12A Industrial 0.00 5,350,287 30,491 54 CA 5.25000% 11-Jun-14 WBC4C12A Office 0.00 5,254,513 29,267 55 WA 5.66000% 11-Jun-14 WBC4C12B Multifamily 0.00 5,200,000 25,344 56 AZ 5.74000% 11-May-14 WBC4C12A Mixed use 0.00 5,006,439 29,438 57 MD 5.09000% 11-Jun-14 WBC4C12A Industrial 0.00 4,955,589 27,117 58 NV 5.08000% 11-May-14 WBC4C12A Retail 0.00 4,950,097 27,086 59 CA 6.10300% 11-Jun-14 WBC4C12A Retail 0.00 4,914,898 30,006 60 CA 4.30000% 11-Jun-09 WBC4C12A Self storage 0.00 4,920,000 18,218 61 NC 6.03000% 11-Jul-26 WBC4C12A Retail 0.00 4,740,068 33,125 62 AL 5.36000% 11-Jun-09 WBC4C12B Multifamily 0.00 4,700,000 21,693 63 CA 4.30000% 11-Jun-09 WBC4C12A Self storage 0.00 4,696,000 17,388 64 FL 5.70000% 11-Jun-14 WBC4C12A Self storage 0.00 4,613,853 26,989 65 CA 4.30000% 11-Jun-09 WBC4C12A Self storage 0.00 4,480,000 16,588 66 TX 5.49000% 11-Jun-14 WBC4C12A Office 0.00 4,364,163 24,955 67 NV 5.05000% 11-May-14 WBC4C12A Office 0.00 4,157,811 22,675 68 IL 5.48000% 11-Jun-19 WBC4C12B Multifamily 0.00 3,884,819 32,810 69 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 23 of 34 * NOI and DSCR, if available and reportable under the terms of the trust agreement, are based on information obtained from the related borrower, and no other party to the agreement shall be held liable for the accuracy or methodology used to determine such figures. (1) Legend: A. In Grace PeriodB. Late Payment but < 1 month delinq 1. Delinquent 1 month2. Delinquent 2 months 3. Delinquent 3+ months4. Performing Matured Balloon 7. Foreclosure 9. REO 5. Non Performing Matured Ballon Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Loan Level Detail Disclosure Control # Group Property Type Maturity Date PFY DSCR OperatingStatement Date Geo. Location Ending Principal Balance Note Rate Scheduled P&I Prepayment Amount Prepayment Date Loan Status Code (1) Statement Date: CA 4.30000% 11-Jun-09 WBC4C12A Self storage 0.00 3,840,000 14,219 70 NM 4.46000% 11-May-11 WBC4C12A Retail 0.00 3,809,000 14,629 71 NV 6.37000% 11-Jun-14 WBC4C12A Office 0.00 3,625,691 22,759 72 NC 5.12000% 11-Jun-14 WBC4C12A Retail 0.00 3,469,111 19,046 73 CA 4.30000% 11-Jun-09 WBC4C12A Self storage 0.00 3,376,000 12,501 74 MA 5.49000% 11-Jun-19 WBC4C12A Retail 0.00 3,327,674 19,028 75 VA 6.29000% 11-Jun-19 WBC4C12A Retail 0.00 3,216,330 21,520 76 TX 5.54000% 11-Jun-24 WBC4C12A Retail 0.00 3,141,841 22,231 77 GA 4.84000% 11-Jun-24 WBC4C12A Retail 0.00 3,137,813 20,837 78 VA 4.46000% 11-May-11 WBC4C12A Retail 0.00 3,116,000 11,967 79 NC 6.24000% 11-Jun-14 WBC4C12A Retail 0.00 3,053,881 18,913 80 TX 4.94000% 11-Jun-14 WBC4C12A Retail 0.00 2,774,326 14,929 81 TN 4.46000% 11-May-11 WBC4C12A Retail 0.00 2,753,000 10,573 82 CA 5.31000% 11-Apr-14 WBC4C12B Multifamily 0.00 2,691,488 18,657 83 FL 6.07000% 11-Jun-19 WBC4C12A Retail 0.00 2,670,912 17,512 84 CA 4.30000% 11-Jun-09 WBC4C12A Self storage 0.00 2,624,000 9,716 85 MD 4.79000% 11-Jun-14 WBC4C12A Industrial 0.00 2,589,860 15,026 86 NY 4.96000% 11-Jun-19 WBC4C12A Other 0.00 2,522,569 20,507 87 FL 5.49000% 11-May-19 WBC4C12A Retail 0.00 2,521,777 14,434 88 UT 4.30000% 11-Jun-09 WBC4C12A Self storage 0.00 2,520,000 9,331 89 AL 5.07000% 11-Apr-11 WBC4C12B Multifamily 0.00 2,412,587 13,203 90 SC 5.80000% 11-Jan-14 WBC4C12B Multifamily 0.00 2,270,802 13,495 91 IN 4.46000% 11-May-11 WBC4C12A Retail 0.00 1,999,000 7,677 92 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 24 of 34 * NOI and DSCR, if available and reportable under the terms of the trust agreement, are based on information obtained from the related borrower, and no other party to the agreement shall be held liable for the accuracy or methodology used to determine such figures. (1) Legend: A. In Grace PeriodB. Late Payment but < 1 month delinq 1. Delinquent 1 month2. Delinquent 2 months 3. Delinquent 3+ months4. Performing Matured Balloon 7. Foreclosure 9. REO 5. Non Performing Matured Ballon Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Loan Level Detail Disclosure Control # Group Property Type Maturity Date PFY DSCR OperatingStatement Date Geo. Location Ending Principal Balance Note Rate Scheduled P&I Prepayment Amount Prepayment Date Loan Status Code (1) Statement Date: NC 6.19000% 11-May-14 WBC4C12A Retail 0.00 1,914,088 12,706 93 OK 4.46000% 11-May-11 WBC4C12A Retail 0.00 1,926,000 7,397 94 FL 6.76000% 11-Jul-24 WBC4C12A Retail 0.00 1,529,010 11,887 95 VA 5.29000% 11-Nov-08 WBC4C12B Multifamily 0.00 1,510,572 9,231 96 NY 5.30430% 11-Jan-14 WBC4C12D Office 0.00 13,555,556 61,916 97 1,072,253,554 5,492,312 0 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 25 of 34 * NOI and DSCR, if available and reportable under the terms of the trust agreement, are based on information obtained from the related borrower, and no other party to the agreement shall be held liable for the accuracy or methodology used to determine such figures. (1) Legend: A. In Grace PeriodB. Late Payment but < 1 month delinq 1. Delinquent 1 month2. Delinquent 2 months 3. Delinquent 3+ months4. Performing Matured Balloon 7. Foreclosure 9. REO 5. Non Performing Matured Ballon Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Specially Serviced (Part I) ~ Loan Detail (End of Period) Disclosure Control # Servicing Xfer Date Balance Note Rate Maturity Date Remaining Property Type Geo. Location NOI DSCR NOIDate Schedule Actual Life Statement Date: Loan Status Code(1) Not Avail Not Avail Not Avail 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 26 of 34 (1) Legend: A. P&I Adv - in Grace Period B. P&I Adv - < one month delinq 1. P&I Adv - delinquent 1 month 2. P&I Adv - delinquent 2 months 3. P&I Adv - delinquent 3+ months 4. Mat. Balloon/Assumed P&I 7. Foreclosure 9. REO 5. Non Performing Mat. Balloon Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Specially Serviced Loan Detail (Part II) ~ Servicer Comments (End of Period) Disclosure Control # Resolution Strategy Comments Statement Date: 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 27 of 34 Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Modified Loan Detail Disclosure Control # Modification Date Cutoff Maturity Date Modification Description Modified Maturity Date Statement Date: 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 28 of 34 Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Appraisal Reduction Detail Disclosure Control# Appraisal Red. Date Scheduled Balance ASER Note Rate Maturity Date Property Type Geographic Location Appraisal Value Date DSCR Statement Date: Remaining Term Life ARA Amount Current P&I Advance Page 29 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 ASER Detail Period Disclosure Control # Appraisal Date Appraisal Value BeginningScheduled Balance ASER Prin Balance ASER Prin ADV Reduction Amount Current Appraisal Reduction Date Current Appraisal Reduction Amount Cumulative ASER Amount Statement Date: ASER Int ADV Reduction Amount 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 30 of 34 Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 Historical Collateral Level REO Report Property Type Statement Date: State Actual Balance Scheduled Balance Recent Appraisal Value Appraisal Reduction Amount Date Liquidated Liquidation Proceeds Liquidation Expenses Realized Loss Disclosure Control # REO Date City Appraisal Date ABN AMRO Acct: 721919.1 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 31 of 34 Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Realized Loss Detail Period Disclosure Control # Appraisal Date Appraisal Value BeginningScheduled Balance Gross Proceeds Gross Proceeds as a % of Sched. Balance Aggregate LiquidationExpenses * Net Liquidation Proceeds Net Proceeds as a % of Sched. Balance Realized Loss Statement Date: Current TotalCumulative 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 32 of 34 * Aggregate liquidation expenses also include outstanding P&I advances and unpaid servicing fees, unpaid trustee fees, etc.. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Rating Information Class CUSIP Fitch Moody's S&P Fitch Moody's S&P Original Ratings Rating Change/Change Date(1) Statement Date: A1 929766SC8 AAA NR AAA A2 929766SD6 AAA NR AAA A3 929766TL7 AAA NR AAA A4 929766TM5 AAA NR AAA A1-A 929766SK0 AAA NR AAA IO 929766SJ3 AAA NR AAA B 929766SE4 AA NR AA C 929766SF1 AA- NR AA- D 929766SG9 A NR A E 929766SH7 A- NR A- F 929766SL8 BBB+ NR BBB+ G 929766SM6 BBB NR BBB H 929766SN4 BBB- NR BBB- J 929766SP9 BB+ NR BB+ K 929766SQ7 BB NR BB L 929766SR5 BB- NR BB- M 929766SS3 B+ NR B+ N 929766ST1 B NR B O 929766SU8 B- NR B- P 929766SV6 NR NR NR MAD 929766SW4 BBB- NR BBB- Z 9ABSR4223 NR NR NR Page 33 of 34 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. NR - Designates that the class was not rated by the rating agency. (1) Changed ratings provided on this report are based on information provided by the applicable rating agency via electronic transmission. It shall be understood that this transmission will generally have been provided to LaSalle within 30 days of the payment date listed on this statement. Because ratings may have changed during the 30 day window, or may not be being provided by the rating agency in an electronic format and therefore not being updated onthis report, LaSalle recommends that investors obtain current rating information directly from the rating agency. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 17-Feb-0517-Feb-05 18-Jan-05 17-Mar-05 31-Jan-05 Commercial Mortgage Pass-Through Certificates Series 2004-C12 ABN AMRO Acct: 721919.1 Defeased Loans Statement Date: DisclosureControl # 15-Feb-2005 - 08:49 (R401-R423) (c) 2005 LaSalle Bank N.A. Page 34 of 34

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Reporting Package Table of Contents

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Administrator:

Nick Xeros 312.904.0708
nick.xeros@abnamro.com

Analyst:

Christine Paidosh 714.259.6207
christine.paidosh@abnamro.com

Statement Date:

135 S. LaSalle Street, Suite 1625
Chicago, IL 60603
USA

Statements to Certificateholders
Cash Reconciliation Summary
Cash Reconciliation Summary
Bond Interest Reconciliation

Shortfall Summary Report

Asset-Backed Facts ~ 15 Month Loan Status Summary
Asset-Backed Facts ~ 15 Month Loan Payoff/Loss Summary

Delinquent Loan Detail
Historical Collateral Prepayment
Loan Level Detail

Page 2-4
Page 5
Page 6-8
Page 9

Page 10

Page 11-14
Page 15-18

Page 19
Page 20

Page 21-25

Specially Serviced (Part I) - Loan Detail

Specially Serviced (Part II) - Servicer Comments
Modified Loan Detail
Appraisal Reduction Detail

Appraisal Reduction Detail
Historical REO Report
Realized Loss Detail

Page 26

Page 27
Page 28
Page 29

Page 30
Page 31
Page 32

Page(s)

Information is available for this issue from the following sources

Issue Id:

Monthly Data File
Name:

WBCM4C12

WBCM4C12_200504_3.ZIP

Closing Date:

First Payment Date:

Rated Final Payment: Date:

8-Jul-04
17-Aug-04

17-Jul-41

Rating Information
Defeased Loans

Page 33
Page 34

Parties to The Transaction

Depositor: Wachovia Commercial Mortgage Securities, Inc.

Underwriter: Wachovia Securities/Citigroup Global Markets Inc/J.P. Morgan Securities Inc

Master Servicer: Wachovia Bank, National Association

Special Servicer: Clarion Partners, LLC

Rating Agency: Standard & Poor's/Fitch Ratings

800.246.5761

LaSalle Factor Line

LaSalle Web Site

Servicer Web Site

www.wachovia.com

www.etrustee.net

Page 1 of 34

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

5.455212%

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

100

REMIC II

Statement Date:

ABN AMRO Acct: 721919.1

902.509229800

11.533674800

0.000000000

890.975555000

2.560117800

Fixed

0.00

0.000000000

3.40400000%

0.000000000

929766SC8

50,000,000.00

576,683.74

0.00

44,548,777.75

128,005.89

45,125,461.49

1000.000000000

0.000000000

1000.000000000

4.167500000

Fixed

0.00

0.000000000

5.00100000%

0.000000000

929766SD6

199,000,000.00

0.00

199,000,000.00

829,332.50

199,000,000.00

1000.000000000

0.000000000

1000.000000000

4.358333293

5.230000000%

0.00

0.000000000

5.23000000%

0.000000000

929766TL7

82,000,000.00

0.00

82,000,000.00

357,383.33

82,000,000.00

1000.000000000

0.000000000

1000.000000000

4.509202234

5.235008220%

0.00

0.000000000

5.41104267%

0.000000000

929766TM5

474,876,000.00

0.00

474,876,000.00

2,141,311.92

474,876,000.00

996.736655858

0.391401101

0.000000000

996.345254757

4.344110631

5.230000000%

0.00

0.000000000

5.23000000%

0.000000000

929766SK0

A1-A

115,031,000.00

45,023.26

0.00

114,610,591.00

499,707.39

114,655,614.26

995.061667299

0.000000000

994.476859621

0.171938971

0.126884654%

0.00

0.000000000

0.20735073%

0.000000000

929766SJ3

1,063,096,508.00

0.00

1,057,224,876.75

182,787.72

1,057,846,583.75

1000.000000000

0.000000000

1000.000000000

4.509202313

5.235008220%

0.00

0.000000000

5.41104267%

0.000000000

929766SE4

25,248,000.00

0.00

25,248,000.00

113,848.34

25,248,000.00

1000.000000000

0.000000000

1000.000000000

4.509202322

5.235008220%

0.00

0.000000000

5.41104267%

0.000000000

929766SF1

9,302,000.00

0.00

9,302,000.00

41,944.60

9,302,000.00

1000.000000000

0.000000000

1000.000000000

4.509202302

5.235008220%

0.00

0.000000000

5.41104267%

0.000000000

929766SG9

22,590,000.00

0.00

22,590,000.00

101,862.88

22,590,000.00

1000.000000000

0.000000000

1000.000000000

4.509202258

5.235008220%

0.00

0.000000000

5.41104267%

0.000000000

929766SH7

10,630,000.00

0.00

10,630,000.00

47,932.82

10,630,000.00

1000.000000000

0.000000000

1000.000000000

4.509202274

5.235008220%

0.00

0.000000000

5.41104267%

0.000000000

929766SL8

11,959,000.00

0.00

11,959,000.00

53,925.55

11,959,000.00

1000.000000000

0.000000000

1000.000000000

4.509202274

5.235008220%

0.00

0.000000000

5.41104267%

0.000000000

929766SM6

11,959,000.00

0.00

11,959,000.00

53,925.55

11,959,000.00

1000.000000000

0.000000000

1000.000000000

4.509202288

5.235008220%

0.00

0.000000000

5.41104267%

0.000000000

929766SN4

13,288,000.00

0.00

13,288,000.00

59,918.28

13,288,000.00

1000.000000000

0.000000000

1000.000000000

4.250000000

5.100000000%

0.00

0.000000000

5.10000000%

0.000000000

929766SP9

3,986,000.00

0.00

3,986,000.00

16,940.50

3,986,000.00

1000.000000000

0.000000000

1000.000000000

4.250000000

5.100000000%

0.00

0.000000000

5.10000000%

0.000000000

929766SQ7

2,657,000.00

0.00

2,657,000.00

11,292.25

2,657,000.00

Page 2 of 34

Notes: (1) N denotes notional balance not included in total (2) Accrued Interest Plus/Minus Interest Adjustment Minus Deferred Interest equals Interest Payment (3) Estimated. * Denotes Controlling Class

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

5.455212%

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

100

REMIC II

Statement Date:

ABN AMRO Acct: 721919.1

1000.000000000

0.000000000

1000.000000000

4.250000000

5.100000000%

0.00

0.000000000

5.10000000%

0.000000000

929766SR5

5,315,000.00

0.00

5,315,000.00

22,588.75

5,315,000.00

1000.000000000

0.000000000

1000.000000000

4.250000000

5.100000000%

0.00

0.000000000

5.10000000%

0.000000000

929766SS3

3,986,000.00

0.00

3,986,000.00

16,940.50

3,986,000.00

1000.000000000

0.000000000

1000.000000000

4.250000000

5.100000000%

0.00

0.000000000

5.10000000%

0.000000000

929766ST1

2,657,000.00

0.00

2,657,000.00

11,292.25

2,657,000.00

1000.000000000

0.000000000

1000.000000000

4.250000000

5.100000000%

0.00

0.000000000

5.10000000%

0.000000000

929766SU8

2,657,000.00

0.00

2,657,000.00

11,292.25

2,657,000.00

1000.000000000

0.000000000

1000.000000000

4.250000063

5.100000000%

0.00

0.000000000

5.10000000%

0.000000000

929766SV6

15,955,508.00

0.00

15,955,508.00

67,810.91

15,955,508.00

999.999967541

0.000000000

999.999967541

4.532591251

5.262300000%

0.00

0.000000000

5.43911000%

0.000000000

929766SW4

MAD

13,555,555.00

0.00

13,555,554.56

61,441.79

13,555,554.56

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSR4249

R-II

0.00

Total P&I Payment

0.00

1,076,652,063.00

1,071,402,138.31

5,453,192.97

Total

1,070,780,431.31

621,707.00

0.00

4,831,485.97

Page 3 of 34

Class

CUSIP

Original

Opening

Principal

Negative

Closing

Interest

Pass-Through

Per $ 1000

Next Rate(3)

WAC:
WAMM:

Payment Date:
Prior Payment:
Next Payment:
Record Date:

5.455212%

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

100

Grantor Trust

Statement Date:

ABN AMRO Acct: 721919.1

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSR4223

0.00

Total P&I Payment

0.00

Total

0.00

Page 4 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Statement Date:

Cash Reconciliation Summary

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

4,870,604.88

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

4,870,604.88

Unscheduled Interest:
Prepayment Penalties

0.00

Yield Maintenance Penalties

0.00

Other Interest Proceeds

0.00

Total

0.00

Less Fees & Expenses Paid By/T

Less Fee Paid To Servicer
Less Fee Strips Paid by Servicer

Non Recoverable Advances
Misc. Fees & Expenses

Total Unscheduled Fees & Expenses

Total Interest Due Trust

Less Fees & Expenses Paid By/To Trust
Trustee Fee
Fee Strips
Misc. Fees
Interest Reserve Withholding
Plus Interest Reserve Deposit
Total

Total Interest Due Certs

Principal Summary

Scheduled Principal:
Current Scheduled Principal
Advanced Scheduled Principal

Scheduled Principal
Unscheduled Principal:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds
Total Unscheduled Principal
Remittance Principal

Remittance P&I Due Trust

Remittance P&I Due Certs

Pool Balance Summary

Beginning Pool
Scheduled Principal
Unscheduled Principal
Deferred Interest
Liquidations
Repurchases
Ending Pool

Balance

Count

Principal

Interest

Prior Outstanding

Plus Current Period

Less Recovered

Ending Outstanding

Master Servicing Fee Summary

Master Servicing Fees

Plus Fees Advanced for PPIS

Less Reduction for PPIS
Plus Delinquent Servicing Fees

Total Master Servicing Fees

PPIS Summary

Gross PPIS
Reduced by PPIE
Reduced by Shortfalls in Fees
Reduced by Other Amounts
PPIS Reducing Scheduled Interest
PPIS Reducing Servicing Fee

PPIS Due Certificate

0.00

0.00
0.00

0.00

4,833,271.64

)

(1,785.67

0.00
0.00
0.00

)

(1,785.67

621,706.99

0.00

621,706.99

0.01
0.00

0.00

0.00
0.00
0.01

621,707.00

5,454,978.64

5,453,192.97

1,071,402,139.84

621,706.99

0.01

0.00
0.00

0.00

1,070,780,432.84

0.00

37,333.24

0.00

37,333.24

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(37,333.24

4,831,485.97

Less Other Interest Not Advanced

0.00

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

0.00

0.00
0.00

0.00

Grace Period Interest
Advance Interest

Plus Trustee Fees Paid by Servicer

0.00

Grace Period Servicing Fee

Deliquent Servicing Fee

Grace Period Principal

Advance Principal

0.00

Page 5 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Statement Date:

Cash Reconciliation Summary Pool Group 1

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

3,933,029.39

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

3,933,029.39

Unscheduled Interest:
Prepayment Penalties

0.00

Yield Maintenance Penalties

0.00

Other Interest Proceeds

0.00

Total

0.00

Less Fees & Expenses Paid By/To Servicer

Less Fee Paid To Servicer
Less Fee Strips Paid by Servicer

Special Servicing Fees

Interest Due Serv on Advances
Recoup of Prior Advances
Misc. Fees & Expenses

Total Unscheduled Fees & Expenses

Total Interest Due Trust

Less Fees & Expenses Paid By/To Trust
Trustee Fee
Fee Strips
Misc. Fees
Interest Reserve Withholding
Plus Interest Reserve Deposit
Total

Total Interest Due Certs

Principal Summary

Scheduled Principal:
Current Scheduled Principal
Advanced Scheduled Principal
Scheduled Principal
Unscheduled Principal:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds
Total Unscheduled Principal
Remittance Principal

Remittance P&I Due Trust

Remittance P&I Due Certs

Pool Balance Summary

Beginning Pool
Scheduled Principal
Unscheduled Principal
Deferred Interest
Liquidations
Repurchases

Ending Pool

Balance

Count

Principal

Interest

Prior Outstanding

Plus Current Period

Less Recovered

Ending Outstanding

Servicing Fee Summary

Current Servicing Fees
Plus Fees Advanced for PPIS
Less Reduction for PPIS
Plus Delinquent Servicing Fees

Total Servicing Fees

PPIS Summary

Gross PPIS
Reduced by PPIE
Reduced by Shortfalls in Fees
Reduced by Other Amounts
PPIS Reducing Scheduled Interest
PPIS Reducing Servicing Fee

PPIS Due Certificate

0.00

0.00
0.00

0.00

3,903,138.80

)

(1,435.32

0.00
0.00
0.00

)

(1,435.32

576,683.73

0.00

576,683.73

0.01
0.00
0.00
0.00
0.00
0.01

576,683.74

4,479,822.54

4,478,387.22

861,190,934.00

576,683.73

0.01

0.00
0.00

0.00

860,614,250.26

0.00

29,890.59

0.00
0.00
0.00

29,890.59

0.00
0.00
0.00
0.00
0.00
0.00

0.00

)

(29,890.59

3,901,703.48

Interest Not Advanced (

Current Period

)

0.00

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

0.00

0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

Page 6 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Statement Date:

Cash Reconciliation Summary Pool Group 2

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

501,116.73

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

501,116.73

Unscheduled Interest:
Prepayment Penalties

0.00

Yield Maintenance Penalties

0.00

Other Interest Proceeds

0.00

Total

0.00

Less Fees & Expenses Paid By/To Servicer

Less Fee Paid To Servicer
Less Fee Strips Paid by Servicer

Special Servicing Fees

Interest Due Serv on Advances
Recoup of Prior Advances
Misc. Fees & Expenses

Total Unscheduled Fees & Expenses

Total Interest Due Trust

Less Fees & Expenses Paid By/To Trust
Trustee Fee
Fee Strips
Misc. Fees
Interest Reserve Withholding
Plus Interest Reserve Deposit
Total

Total Interest Due Certs

Principal Summary

Remittance P&I Due Trust

Remittance P&I Due Certs

Pool Balance Summary

Beginning Pool
Scheduled Principal
Unscheduled Principal
Deferred Interest
Liquidations
Repurchases

Ending Pool

Balance

Count

Principal

Interest

Prior Outstanding

Plus Current Period

Less Recovered

Ending Outstanding

Servicing Fee Summary

Current Servicing Fees
Plus Fees Advanced for PPIS
Less Reduction for PPIS
Plus Delinquent Servicing Fees

Total Servicing Fees

PPIS Summary

Gross PPIS
Reduced by PPIE
Reduced by Shortfalls in Fees
Reduced by Other Amounts
PPIS Reducing Scheduled Interest
PPIS Reducing Servicing Fee

PPIS Due Certificate

0.00

0.00
0.00

0.00

496,859.27

)

(191.09

0.00
0.00
0.00

)

(191.09

45,023.26

0.00

45,023.26

0.00
0.00
0.00
0.00
0.00
0.00

45,023.26

541,882.53

541,691.43

114,655,650.28

45,023.26

0.00

0.00
0.00

0.00

114,610,627.02

0.00

4,257.46

0.00
0.00
0.00

4,257.46

0.00
0.00
0.00
0.00
0.00
0.00

0.00

)

(4,257.46

496,668.17

Interest Not Advanced (

Current Period

)

0.00

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

0.00

0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

Page 7 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Statement Date:

Cash Reconciliation Summary Madison Loan - Non Pooled

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

61,916.24

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

61,916.24

Unscheduled Interest:
Prepayment Penalties

0.00

Yield Maintenance Penalties

0.00

Other Interest Proceeds

0.00

Total

0.00

Less Fees & Expenses Paid By/To Servicer

Less Fee Paid To Servicer
Less Fee Strips Paid by Servicer

Special Servicing Fees

Interest Due Serv on Advances
Recoup of Prior Advances
Misc. Fees & Expenses

Total Unscheduled Fees & Expenses

Total Interest Due Trust

Less Fees & Expenses Paid By/To Trust
Trustee Fee
Fee Strips
Misc. Fees
Interest Reserve Withholding
Plus Interest Reserve Deposit
Total

Total Interest Due Certs

Principal Summary

Remittance P&I Due Trust

Remittance P&I Due Certs

Pool Balance Summary

Beginning Pool
Scheduled Principal
Unscheduled Principal
Deferred Interest
Liquidations
Repurchases

Ending Pool

Balance

Count

Principal

Interest

Prior Outstanding

Plus Current Period

Less Recovered

Ending Outstanding

Servicing Fee Summary

Current Servicing Fees
Plus Fees Advanced for PPIS
Less Reduction for PPIS
Plus Delinquent Servicing Fees

Total Servicing Fees

PPIS Summary

Gross PPIS
Reduced by PPIE
Reduced by Shortfalls in Fees
Reduced by Other Amounts
PPIS Reducing Scheduled Interest
PPIS Reducing Servicing Fee

PPIS Due Certificate

0.00

0.00
0.00

0.00

61,464.39

)

(22.59

0.00
0.00
0.00

)

(22.59

0.00
0.00
0.00

0.00
0.00
0.00
0.00
0.00
0.00
0.00

61,464.39

61,441.80

13,555,555.56

0.00
0.00

0.00

13,555,555.56

0.00

451.85

0.00
0.00
0.00

451.85

0.00
0.00
0.00
0.00
0.00
0.00

0.00

)

(451.85

61,441.80

Interest Not Advanced (

Current Period

)

0.00

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

0.00

0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

Page 8 of 34

Wachovia Commercial Mortgage Securities, Inc.

Class

Accrued

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1
Bond Interest Reconciliation

Deductions

Allocable

Deferred &

Prior

Prepay-

Other

Additions

Interest

Credit Support

Original

Current(4)

Accrual

Int. Short-

falls Due

ment

Interest

Interest (2)

Payment

Amount

PPIS

Interest

Certificate

Accretion

Interest

Loss/Exp

Interest

Penalties

Proceeds (1)

Interest

Shortfalls

Certificate

Rate

Pass
Thru

Method Days

Outstanding

Remaining

Statement Date:

Distributable

Current Period

(Shortfall)/

Recovery

Int Accrual

on Prior

Shortfall (3)

0.00

128,005.89

0.00

13.38%

13.45%

30/360

3.404000000%

0.00

829,332.50

0.00

13.38%

13.45%

30/360

5.001000000%

0.00

357,383.33

0.00

13.38%

13.45%

30/360

5.230000000%

0.00

2,141,311.92

0.00

13.38%

13.45%

30/360

5.411042670%

0.00

A1-A

499,707.39

0.00

13.38%

13.45%

30/360

5.230000000%

0.00

182,787.72

0.00

30/360

0.207350733%

0.00

113,848.34

0.00

11.00%

11.06%

30/360

5.411042670%

0.00

41,944.60

0.00

10.13%

10.18%

30/360

5.411042670%

0.00

101,862.88

0.00

8.00%

8.04%

30/360

5.411042670%

0.00

47,932.82

0.00

7.00%

7.04%

30/360

5.411042670%

0.00

53,925.55

0.00

5.88%

5.91%

30/360

5.411042670%

0.00

53,925.55

0.00

4.75%

4.78%

30/360

5.411042670%

0.00

59,918.28

0.00

3.50%

3.52%

30/360

5.411042670%

0.00

16,940.50

0.00

3.13%

3.14%

30/360

5.100000000%

0.00

11,292.25

0.00

2.88%

2.89%

30/360

5.100000000%

0.00

22,588.75

0.00

2.38%

2.39%

30/360

5.100000000%

0.00

16,940.50

0.00

2.00%

2.01%

30/360

5.100000000%

0.00

11,292.25

0.00

1.75%

1.76%

30/360

5.100000000%

0.00

11,292.25

0.00

1.50%

1.51%

30/360

5.100000000%

0.00

67,810.91

0.00

0.00%

30/360

5.100000000%

0.00

MAD

61,441.79

0.00

30/360

5.439110000%

0.00

0.000000000%

0.00

4,831,485.97

0.00

(2) Accrued - Deductions + Additions Interest

(3) Includes interest accrued on outstanding Interest Shortfalls and/or Loss Allocations. Where applicable.

Page 9 of 34

(1) Other Interest Proceeds are additional interest amounts specifically allocated to the bond(s) and used in determining the bonds Distributable Interest.

(4) Determined as follows: (A) the ending balance of all the classes less (B) the sum of (i) the ending balance of the class and (ii) the ending balance of all classes which are not subordinate to the class divided by (A).

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Interest Adjustments Summary

Statement Date

0.00

Special Servicing Fees

Workout Fees

Liquidation Fees

Legal Fees

0.00

Misc. Fees & Expenses Paid by/to Servicer

Interest Paid to Servicer on Outstanding Advances

0.00

ASER Interest Advance Reduction

Interest Not Advanced (Current Period)

Recoup of Prior Advances by Servicer

0.00

Servicing Fees Paid Servicer on Loans Not Advanced

Misc. Fees & Expenses Paid by Trust

0.00

Shortfall Due to Rate Modification

Total Shortfall Allocated to the Bonds

Total Interest Adjustment to the Bonds

0.00

Shortfall Allocated to the Bonds:

Excess Allocated to the Bonds:

Other Interest Proceeds Due the Bonds

Yield Maintenance Penalties Due the Bonds

Prepayment Penalties Due the Bonds

Recovered ASER Interest Due the Bonds

Recovered Interest Due the Bonds

Less Total Shortfall Allocated to the Bonds

Total Excess Allocated to the Bonds

0.00

0.00

Total Excess Allocated to the Bonds

0.00

0.00

Aggregate Interest Adjustment Allocated to the Bonds

0.00

Prepayment Interest Excess Due the Bonds

0.00

ARD Excess Interest

0.00

Net Prepayment Int. Shortfalls Allocated to the Bonds

Other Interest Loss

Page 10 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary

Distribution

Date

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Foreclosure

REO

Modifications

Specially Serviced

Bankruptcy

# Balance

Delinquency Aging Categories

Special Event Categories (1)

Statement Date:

ABN AMRO Acct: 721919.1

0.00%

15-Apr-05

0.00%

17-Mar-05

0.00%

17-Feb-05

0.00%

18-Jan-05

0.00%

17-Dec-04

0.00%

18-Nov-04

0.00%

18-Oct-04

0.00%

17-Sep-04

0.00%

17-Aug-04

(1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category

Page 11 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary

Distribution

Date

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Foreclosure

REO

Modifications

Specially Serviced

Bankruptcy

# Balance

Delinquency Aging Categories

Special Event Categories (1)

Statement Date:

Pool Group 1

ABN AMRO Acct: 721919.1

0.00%

15-Apr-05

0.00%

17-Mar-05

0.00%

17-Feb-05

0.00%

18-Jan-05

0.00%

17-Dec-04

0.00%

18-Nov-04

0.00%

18-Oct-04

0.00%

17-Sep-04

0.00%

17-Aug-04

(1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category

Page 12 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary

Distribution

Date

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Foreclosure

REO

Modifications

Specially Serviced

Bankruptcy

# Balance

Delinquency Aging Categories

Special Event Categories (1)

Statement Date:

Pool Group 2

ABN AMRO Acct: 721919.1

0.00%

15-Apr-05

0.00%

17-Mar-05

0.00%

17-Feb-05

0.00%

18-Jan-05

0.00%

17-Dec-04

0.00%

18-Nov-04

0.00%

18-Oct-04

0.00%

17-Sep-04

0.00%

17-Aug-04

(1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category

Page 13 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

Asset-Backed Facts ~ 15 Month Historical Loan Status Summary

Distribution

Date

Delinq 1 Month

Delinq 2 Months

Delinq 3+ Months

Foreclosure

REO

Modifications

Specially Serviced

Bankruptcy

# Balance

Delinquency Aging Categories

Special Event Categories (1)

Statement Date:

Madison Loan - Non Pooled

ABN AMRO Acct: 721919.1

0.00%

15-Apr-05

0.00%

17-Mar-05

0.00%

17-Feb-05

0.00%

18-Jan-05

0.00%

17-Dec-04

0.00%

18-Nov-04

0.00%

18-Oct-04

0.00%

17-Sep-04

0.00%

17-Aug-04

(1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category

Page 14 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Penalties

Appraisal Reduct. (2)

Liquidations (2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Amort

ABN AMRO Acct: 721919.1

Series 2004-C12

15-Apr-05

100.00%

1,070,780,433

99.45%

0.00%

100

305

5.46%

5.41%

17-Mar-05

100.00%

1,071,402,140

99.51%

0.00%

101

306

5.28%

5.23%

17-Feb-05

100.00%

1,072,253,554

99.59%

0.00%

102

307

5.28%

5.24%

18-Jan-05

100.00%

1,072,868,432

99.65%

0.00%

103

308

5.28%

5.24%

17-Dec-04

100.00%

1,073,480,465

99.71%

0.00%

104

309

5.28%

5.24%

18-Nov-04

100.00%

1,074,167,480

99.77%

0.00%

105

310

5.46%

5.41%

18-Oct-04

100.00%

1,074,773,499

99.83%

0.00%

106

311

5.28%

5.24%

17-Sep-04

100.00%

1,075,454,720

99.89%

0.00%

107

312

5.46%

5.41%

17-Aug-04

100.00%

1,076,054,780

99.94%

0.00%

108

312

5.46%

5.41%

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 15 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Penalties

Appraisal Reduct. (2)

Liquidations (2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Pool Group 1

Amort

ABN AMRO Acct: 721919.1

Series 2004-C12

15-Apr-05

83.51%

942,614,250

87.55%

0.00%

104

327

5.48%

5.44%

17-Mar-05

83.51%

943,190,934

87.60%

0.00%

105

328

5.30%

5.26%

17-Feb-05

83.51%

943,983,561

87.68%

0.00%

106

329

5.30%

5.26%

18-Jan-05

83.51%

944,553,905

87.73%

0.00%

107

330

5.30%

5.26%

17-Dec-04

83.51%

945,121,615

87.78%

0.00%

108

331

5.30%

5.26%

18-Nov-04

83.51%

945,759,837

87.84%

0.00%

109

332

5.48%

5.44%

18-Oct-04

83.51%

946,321,971

87.89%

0.00%

110

333

5.30%

5.26%

17-Sep-04

83.51%

946,954,822

87.95%

0.00%

111

334

5.48%

5.44%

17-Aug-04

83.51%

947,511,433

88.01%

0.00%

112

335

5.48%

5.44%

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 16 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Penalties

Appraisal Reduct. (2)

Liquidations (2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Pool Group 2

Amort

ABN AMRO Acct: 721919.1

Series 2004-C12

15-Apr-05

15.46%

114,610,627

10.65%

0.00%

285

5.24%

5.20%

17-Mar-05

15.46%

114,655,650

10.65%

0.00%

286

5.08%

5.03%

17-Feb-05

15.46%

114,714,438

10.65%

0.00%

287

5.08%

5.03%

18-Jan-05

15.46%

114,758,971

10.66%

0.00%

288

5.08%

5.03%

17-Dec-04

15.46%

114,803,294

10.66%

0.00%

288

5.08%

5.03%

18-Nov-04

15.46%

114,852,088

10.67%

0.00%

289

5.25%

5.20%

18-Oct-04

15.46%

114,895,972

10.67%

0.00%

290

5.08%

5.03%

17-Sep-04

15.46%

114,944,343

10.68%

0.00%

291

5.25%

5.20%

17-Aug-04

15.46%

114,987,792

10.68%

0.00%

292

5.25%

5.20%

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 17 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Asset-Backed Facts ~ 15 Month Historical Payoff/Loss Summary

Distribution

Date

Ending Pool (1)

Payoffs(2)

Penalties

Appraisal Reduct. (2)

Liquidations (2)

Realized Losses (2)

Remaining Term

Curr Weighted Avg.

# Balance

# Amount

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Madison Loan - Non Pooled

Amort

ABN AMRO Acct: 721919.1

Series 2004-C12

15-Apr-05

1.03%

13,555,556

1.26%

0.00%

105

351

5.48%

5.44%

17-Mar-05

1.03%

13,555,556

1.26%

0.00%

106

352

4.95%

4.91%

17-Feb-05

1.03%

13,555,556

1.26%

0.00%

107

353

5.48%

5.44%

18-Jan-05

1.03%

13,555,556

1.26%

0.00%

108

354

5.48%

5.44%

17-Dec-04

1.03%

13,555,556

1.26%

0.00%

109

355

5.30%

5.26%

18-Nov-04

1.03%

13,555,556

1.26%

0.00%

110

356

5.48%

5.44%

18-Oct-04

1.03%

13,555,556

1.26%

0.00%

111

357

5.30%

5.26%

17-Sep-04

1.03%

13,555,556

1.26%

0.00%

112

358

5.48%

5.44%

17-Aug-04

1.03%

13,555,556

1.26%

0.00%

113

359

5.48%

5.44%

(1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period.

Page 18 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Delinquent Loan Detail

Disclosure

Control #

Paid

Thru
Date

Current P&I

Advance

Outstanding

P&I

Advances**

Out. Property

Protection

Advances

Loan Status

Code (1)

Special

Servicer

Transfer Date

Foreclosure

Date

Bankruptcy

Date

REO
Date

Statement Date:

Total

Page 19 of 34

A. In Grace Period

1. Delinq. 1 month

2. Delinq. 2 months

3. Delinquent 3 + months

4. Performing Matured Balloon

** Outstanding P&I Advances include the current period P&I Advances and may include Servicer and Trust Advances.

7. Foreclosure

9. REO

B. Late Payment but < 1 month delinq.

5. Non Performing Matured Balloon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Historical Collateral Level Prepayment Report

Disclosure

Control #

Payoff
Period

Initial

Balance

Type

Payoff

Amount

Penalty

Amount

Prepayment

Date

Maturity

Date

Property

Type

Geographic

Location

Statement Date:

Cumulative

Current

Page 20 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note

Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

5.06800%

1-Feb-14

WBC4C12A

Office

0.00

118,037,100

649,182

5.30430%

11-Jan-14

WBC4C12C

Office

0.00

82,000,000

374,543

5.29000%

11-May-11

WBC4C12A

Office

0.00

58,500,000

266,484

4.92000%

11-May-14

WBC4C12A

Retail

0.00

57,500,000

243,608

5.66000%

11-Jun-09

WBC4C12A

Office

0.00

35,000,000

170,586

5.43000%

11-Jun-14

WBC4C12A

Retail

0.00

32,251,115

183,670

5.80500%

11-May-11

WBC4C12A

Office

0.00

30,000,000

149,963

6.23000%

11-Dec-13

WBC4C12A

Retail

0.00

22,664,485

141,316

5.05000%

11-Jun-14

WBC4C12A

Retail

0.00

20,500,000

89,147

4.56000%

11-May-14

WBC4C12B

Multifamily

0.00

18,200,000

71,465

5.80000%

11-Jun-14

WBC4C12A

Retail

0.00

17,430,000

87,053

4.61000%

11-Apr-09

WBC4C12B

Multifamily

0.00

17,000,000

67,485

4.84000%

11-May-14

WBC4C12A

Office

0.00

16,500,000

68,768

5.92000%

11-Jul-14

WBC4C12A

Industrial

0.00

16,258,896

97,484

5.80000%

11-May-14

WBC4C12A

Multifamily

0.00

15,250,000

76,165

5.54000%

11-Jun-14

WBC4C12A

Industrial

0.00

14,843,070

85,545

4.95000%

11-May-14

WBC4C12A

Office

0.00

14,312,739

77,397

4.26000%

11-Jun-09

WBC4C12B

Multifamily

0.00

14,000,000

51,357

5.07000%

11-Jun-14

WBC4C12A

Mobile home park

0.00

13,285,254

72,725

5.35450%

1-Apr-14

WBC4C12A

Retail

0.00

12,879,407

72,910

5.50000%

11-Jul-14

WBC4C12A

Retail

0.00

13,000,000

61,569

5.90000%

11-Jun-11

WBC4C12A

Office

0.00

12,725,000

64,650

5.73000%

11-May-14

WBC4C12A

Office

0.00

11,868,132

69,876

Page 21 of 34

* NOI and DSCR, if available and reportable under the terms of the trust agreement, are based on information obtained from the related borrower, and no other party to the agreement shall be held liable for the accuracy or methodology used to determine such figures.

(1) Legend:

A. In Grace Period
B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months
4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note

Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

4.30000%

11-Jun-09

WBC4C12A

Self storage

0.00

11,946,000

44,233

5.32000%

11-May-14

WBC4C12A

Retail

0.00

11,303,003

63,669

5.11000%

11-Jun-24

WBC4C12A

Retail

0.00

10,732,360

73,720

5.67000%

11-Jun-11

WBC4C12A

Multifamily

0.00

10,960,000

53,512

4.30000%

11-Jun-09

WBC4C12A

Self storage

0.00

10,560,000

39,101

5.96000%

11-Jun-09

WBC4C12B

Multifamily

0.00

9,805,164

59,101

5.66000%

11-Jun-14

WBC4C12B

Multifamily

0.00

9,400,000

45,815

31-Dec-04

5.27000%

11-May-14

WBC4C12B

Multifamily

1.32

9,300,000

42,204

5.19000%

11-Jun-14

WBC4C12A

Office

0.00

9,017,503

50,023

5.50000%

11-Jun-14

WBC4C12A

Lodging

0.00

8,862,513

55,268

31-Dec-04

5.01000%

11-Jun-14

WBC4C12A

Office

1.74

8,771,579

47,697

5.71000%

11-Jun-14

WBC4C12A

Retail

0.00

8,711,134

51,131

5.12000%

11-May-14

WBC4C12A

Office

0.00

8,393,945

46,255

5.42000%

11-Jul-19

WBC4C12A

Retail

0.00

7,737,010

65,366

6.44200%

11-Jun-14

WBC4C12A

Office

0.00

7,732,682

49,004

5.31000%

11-Apr-14

WBC4C12B

Multifamily

0.00

7,697,106

43,362

4.76000%

11-Apr-14

WBC4C12A

Industrial

0.00

7,690,000

31,520

31-Dec-04

5.48000%

11-May-14

WBC4C12A

Multifamily

1.18

7,511,964

43,057

6.07000%

11-Jul-14

WBC4C12A

Retail

0.00

7,406,860

48,644

5.50000%

11-Jun-14

WBC4C12A

Lodging

0.00

7,188,483

44,828

6.19000%

11-Jul-14

WBC4C12A

Office

0.00

7,191,187

44,357

4.30000%

11-Jun-09

WBC4C12A

Self storage

0.00

6,960,000

25,771

5.44000%

11-May-14

WBC4C12B

Multifamily

0.00

6,600,000

30,917

Page 22 of 34

(1) Legend:

A. In Grace Period
B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months
4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note

Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

5.85600%

11-Jun-14

WBC4C12A

Retail

0.00

6,337,325

37,781

5.22000%

11-Jun-14

WBC4C12A

Self storage

0.00

6,229,625

34,672

4.46000%

11-May-11

WBC4C12A

Industrial

0.00

6,032,000

23,166

5.50000%

11-Jun-14

WBC4C12A

Lodging

0.00

5,928,037

36,968

6.08000%

11-Jul-14

WBC4C12A

Office

0.00

5,850,970

35,678

4.30000%

11-Jun-09

WBC4C12A

Self storage

0.00

5,848,000

21,654

5.09000%

11-Jun-14

WBC4C12A

Retail

0.00

5,311,919

31,852

5.45000%

11-May-14

WBC4C12A

Industrial

0.00

5,337,055

30,491

5.25000%

11-Jun-14

WBC4C12A

Office

0.00

5,241,155

29,267

5.66000%

11-Jun-14

WBC4C12B

Multifamily

0.00

5,200,000

25,344

5.74000%

11-May-14

WBC4C12A

Mixed use

0.00

4,994,624

29,438

5.09000%

11-Jun-14

WBC4C12A

Industrial

0.00

4,942,662

27,117

5.08000%

11-May-14

WBC4C12A

Retail

0.00

4,937,104

27,086

6.10300%

11-Jun-14

WBC4C12A

Retail

0.00

4,904,010

30,006

4.30000%

11-Jun-09

WBC4C12A

Self storage

0.00

4,920,000

18,218

6.03000%

11-Jul-26

WBC4C12A

Retail

0.00

4,720,606

33,125

5.36000%

11-Jun-09

WBC4C12B

Multifamily

0.00

4,700,000

21,693

4.30000%

11-Jun-09

WBC4C12A

Self storage

0.00

4,696,000

17,388

5.70000%

11-Jun-14

WBC4C12A

Self storage

0.00

4,602,944

26,989

4.30000%

11-Jun-09

WBC4C12A

Self storage

0.00

4,480,000

16,588

5.49000%

11-Jun-14

WBC4C12A

Office

0.00

4,353,489

24,955

5.05000%

11-May-14

WBC4C12A

Office

0.00

4,146,845

22,675

5.48000%

11-Jun-19

WBC4C12B

Multifamily

0.00

3,854,012

32,810

Page 23 of 34

(1) Legend:

A. In Grace Period
B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months
4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note

Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

4.30000%

11-Jun-09

WBC4C12A

Self storage

0.00

3,840,000

14,219

4.46000%

11-May-11

WBC4C12A

Retail

0.00

3,809,000

14,629

6.37000%

11-Jun-14

WBC4C12A

Office

0.00

3,617,997

22,759

5.12000%

11-Jun-14

WBC4C12A

Retail

0.00

3,460,105

19,046

4.30000%

11-Jun-09

WBC4C12A

Self storage

0.00

3,376,000

12,501

5.49000%

11-Jun-19

WBC4C12A

Retail

0.00

3,319,536

19,028

6.29000%

11-Jun-19

WBC4C12A

Retail

0.00

3,206,415

21,520

5.54000%

11-Jun-24

WBC4C12A

Retail

0.00

3,125,864

22,231

4.84000%

11-Jun-24

WBC4C12A

Retail

0.00

3,120,991

20,837

4.46000%

11-May-11

WBC4C12A

Retail

0.00

3,116,000

11,967

6.24000%

11-Jun-14

WBC4C12A

Retail

0.00

3,047,263

18,913

4.94000%

11-Jun-14

WBC4C12A

Retail

0.00

2,766,912

14,929

4.46000%

11-May-11

WBC4C12A

Retail

0.00

2,753,000

10,573

5.31000%

11-Apr-14

WBC4C12B

Multifamily

0.00

2,677,562

18,657

6.07000%

11-Jun-19

WBC4C12A

Retail

0.00

2,662,433

17,512

4.30000%

11-Jun-09

WBC4C12A

Self storage

0.00

2,624,000

9,716

4.79000%

11-Jun-14

WBC4C12A

Industrial

0.00

2,580,117

15,026

4.96000%

11-Jun-19

WBC4C12A

Other

0.00

2,502,016

20,507

5.49000%

11-May-19

WBC4C12A

Retail

0.00

2,515,581

14,434

4.30000%

11-Jun-09

WBC4C12A

Self storage

0.00

2,520,000

9,331

5.07000%

11-Apr-11

WBC4C12B

Multifamily

0.00

2,406,211

13,203

5.80000%

11-Jan-14

WBC4C12B

Multifamily

0.00

2,265,380

13,495

4.46000%

11-May-11

WBC4C12A

Retail

0.00

1,999,000

7,677

Page 24 of 34

(1) Legend:

A. In Grace Period
B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months
4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Loan Level Detail

Disclosure

Control #

Group

Property

Type

Maturity

Date

PFY

DSCR

Operating
Statement

Date

Geo.

Location

Ending

Principal

Balance

Note

Rate

Scheduled

P&I

Prepayment

Amount

Prepayment

Date

Loan

Status

Code (1)

Statement Date:

6.19000%

11-May-14

WBC4C12A

Retail

0.00

1,908,075

12,706

4.46000%

11-May-11

WBC4C12A

Retail

0.00

1,926,000

7,397

6.76000%

11-Jul-24

WBC4C12A

Retail

0.00

1,522,154

11,887

5.29000%

11-Nov-08

WBC4C12B

Multifamily

0.00

1,505,192

9,231

5.30430%

11-Jan-14

WBC4C12D

Office

0.00

13,555,556

61,916

1,070,780,433

5,492,312

Page 25 of 34

(1) Legend:

A. In Grace Period
B. Late Payment but < 1 month delinq

1. Delinquent 1 month
2. Delinquent 2 months

3. Delinquent 3+ months
4. Performing Matured Balloon

7. Foreclosure

9. REO

5. Non Performing Matured Ballon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Specially Serviced (Part I) ~ Loan Detail (End of Period)

Disclosure

Control #

Servicing

Xfer Date

Balance

Note

Rate

Maturity

Date

Remaining

Property

Type

Geo.

Location

NOI

DSCR

NOI
Date

Schedule

Actual

Life

Statement Date:

Loan

Status

Code(1)

Not Avail

Not Avail Not Avail

Page 26 of 34

(1) Legend:

A. P&I Adv - in Grace Period

B. P&I Adv - < one month delinq

1. P&I Adv - delinquent 1 month

2. P&I Adv - delinquent 2 months

3. P&I Adv - delinquent 3+ months

4. Mat. Balloon/Assumed P&I

7. Foreclosure

9. REO

5. Non Performing Mat. Balloon

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Specially Serviced Loan Detail (Part II) ~ Servicer Comments (End of Period)

Disclosure

Control #

Resolution

Strategy

Comments

Statement Date:

Page 27 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Modified Loan Detail

Disclosure

Control #

Modification

Date

Cutoff

Maturity

Date

Modification

Description

Modified

Maturity

Date

Statement Date:

Page 28 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Appraisal Reduction Detail

Disclosure

Control#

Appraisal

Red. Date

Scheduled

Balance

ASER

Note

Rate

Maturity

Date

Property

Type

Geographic

Location

Appraisal

Value Date

DSCR

Statement Date:

Remaining Term

Life

ARA

Amount

Current P&I

Advance

Page 29 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

ASER Detail

Period

Disclosure

Control #

Appraisal

Date

Appraisal

Value

Beginning
Scheduled

Balance

ASER

Prin

Balance

ASER Prin

ADV Reduction

Amount

Current Appraisal

Reduction Date

Current Appraisal

Reduction

Amount

Cumulative

ASER

Amount

Statement Date:

ASER Int

ADV Reduction

Amount

Page 30 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

Historical Collateral Level REO Report

Property

Type

Statement Date:

State

Actual

Balance

Scheduled

Balance

Recent

Appraisal

Value

Appraisal

Reduction

Amount

Date

Liquidated

Liquidation

Proceeds

Liquidation

Expenses

Realized

Loss

Disclosure

Control #

REO

Date

City

Appraisal

Date

ABN AMRO Acct: 721919.1

Page 31 of 34

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Realized Loss Detail

Period

Disclosure

Control #

Appraisal

Date

Appraisal

Value

Beginning
Scheduled

Balance

Gross

Proceeds

Gross Proceeds

as a % of

Sched. Balance

Aggregate

Liquidation
Expenses *

Net

Liquidation

Proceeds

Net Proceeds

as a % of

Sched. Balance

Realized

Loss

Statement Date:

Current Total
Cumulative

Page 32 of 34

* Aggregate liquidation expenses also include outstanding P&I advances and unpaid servicing fees, unpaid trustee fees, etc..

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Rating Information

Class

CUSIP

Fitch

Moody's

S&P

Fitch

Moody's

S&P

Original Ratings

Rating Change/Change Date(1)

Statement Date:

929766SC8

AAA

929766SD6

AAA

929766TL7

AAA

929766TM5

AAA

A1-A

929766SK0

AAA

929766SJ3

AAA

929766SE4

929766SF1

AA-

929766SG9

929766SH7

A-

929766SL8

BBB+

929766SM6

BBB

929766SN4

BBB-

929766SP9

BB+

929766SQ7

929766SR5

BB-

929766SS3

B+

929766ST1

929766SU8

B-

929766SV6

MAD

929766SW4

BBB-

9ABSR4223

Page 33 of 34

NR - Designates that the class was not rated by the rating agency.

(1) Changed ratings provided on this report are based on information provided by the applicable rating agency via electronic transmission. It shall be
understood that this transmission will generally have been provided to LaSalle within 30 days of the payment date listed on this statement. Because ratings may have changed during the 30
day window, or may not be being provided by the rating agency in an electronic format and therefore not being updated on
this report, LaSalle recommends that investors obtain current rating information directly from the rating agency.

Wachovia Commercial Mortgage Securities, Inc.

Payment Date:
Prior Payment:
Next Payment:
Record Date:

15-Apr-05
15-Apr-05

17-Mar-05

17-May-05

31-Mar-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C12

ABN AMRO Acct: 721919.1

Defeased Loans

Statement Date:

Disclosure
Control #

Page 34 of 34

Filing Compare · Wachovia Bank Commercial Mortgage Trust Series 2004-C12