8-K 1 pcm03pw1.txt NOVEMBER 8K 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 : November 12, 2003 (Date of earliest event reported) Commission File No.: 333-42858-02 Prudential Securities Secured Financing Corporation Commercial Mortgage Pass-Through Certficates, Series 2003-PWR1 (Exact name of registrant as specified in its charter) New York (governing law of Pooling and Servicing Agreement) (State of Incorporation) Pending (I.R.S. Employer Identification No.) c/o Wells Fargo Bank Minnesota, N.A. 9062 Old Annapolis Road Columbia, Maryland 21045 (Address of principal executive offices) (Zip Code) (410) 884-2000 Registrant's Full Telephone Number (Former name, former address and former fiscal year, if changed since last report) ITEM 5. Other Events On November 12, 2003 a distribution was made to holders of Prudential Securities Secured Financing Corporation, Commercial Mortgage Pass-Through Certficates, Series 2003-PWR1. ITEM 7. Financial Statements and Exhibits (c) Exhibits Item 601(a) of Regulation S-K Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certficates, Series 2003-PWR1, relating to the November 12, 2003 distribution. Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Prudential Securities Secured Financing Corporation Commercial Mortgage Pass-Through Certficates, Series 2003-PWR1 By: Wells Fargo Bank Minnesota, N.A., as Certificate Administrator By: /s/ Beth Belfield, Assistant Vice President By: Beth Belfield, Assistant Vice President Date: November 12, 2003 INDEX TO EXHIBITS Exhibit Number Description (EX-99.1) Monthly report distributed to holders of Commercial Mortgage Pass-Through Certficates, Series 2003-PWR1, relating to the November 12, 2003 distribution. Wells Fargo Bank Minnesota, N.A. Corporate Trust Services 9062 Old Annapolis Rd Columbia, MD 21045-1951 Prudential Commercial Mortgage Trust 2003-PWR1 Commercial Mortgage Pass-Through Certficates, Series 2003-PWR1. For Additional Information, please contact CTSLink Customer Service (301) 815-6600 Reports Available on the World Wide Web @ www.ctslink.com/cmbs Payment Date: 11/12/2003 Record Date: 10/31/2003 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 11 Mortgage Loan Detail 12 - 15 Principal Prepayment Detail 16 Historical Detail 17 Delinquency Loan Detail 18 - 19 Specially Serviced Loan Detail 20 - 21 Modified Loan Detail 22 Liquidated Loan Detail 23 Issuer Prudential Securities Incorporated One New York Plaza New York, NY 10292 Contact: John Mulligan Phone Number: (212) 778-4365 Master Servicer Wells Fargo Bank, N.A. 45 Fremont Street, 2nd Floor investorreporting@wellsfargo.com San Francisco, CA 94105 Contact: Matilde Sanchez Phone Number: (415) 222-2364 Master Servicer Prudential Asset Resources, Inc. 2200 Ross Avenue, Suite 4900E Dallas, TX 75201 Contact: Hal Collett Phone Number: (214) 721-6032 This report has been compiled from information provided to Wells Fargo Bank MN, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank MN, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank MN, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2003, Wells Fargo Bank Minnesota, N.A.

Principal Prepayment Detail No Principal Prepayments this Period

Specially Serviced Loan Detail - Part 1 Loan Offering Servicing Resolution Scheduled Property State Interest Actual Number Document Transfer Strategy Balance Type Rate Balance Cross-Reference Date Code 600872101 65 08/29/2003 13 4,184,385.69 RT CO 5.950% 4,184,385.69 Loan Net DSCR DSCR Note Maturity Remaining Number Operating Date Date Date Amortization Income Term

Modified Loan Detail No Modified Loans Liquidated Loan Detail No Liquidated Loans

PRUDENTIAL SECURITIES SEC FIN CORP COM MORT TR 2003 PWR1 8-K