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) August 16, 2004

Wachovia Commercial Mortgage Securities, Inc. (as depositor under the Pooling and Servicing Agreement, dated as of April 1, 2003, relating to the Wachovia Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2003-C4)
(Exact name of registrant as specified in its charter)

North Carolina
(State or other jurisdiction
of incorporation)

333-83930-04
(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.)

Item 5. Other Events and Regulation FD Disclosure.

This current report on Form 8-K relates to the monthly distribution reported to the holders of Wachovia Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2003-C4, which was made on August 16, 2004.

Item 7. Financial Statements and Exhibits.

99.1 Monthly distribution report pursuant to Section 4.02 of the Pooling and Servicing Agreement for the distribution on August 16, 2004.
(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 AGENT FOR THE TRUSTEE UNDER THE POOLING AND SERVICING AGREEMENT ON BEHALF OF WACHOVIA COMMERCIAL MORTGAGE SECURITIES, INC., REGISTRANT

Date: August 19, 2004

By: /s/ Russell Goldenberg
Russell Goldenberg
Group Senior Vice President

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Reporting Package Table of Contents

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

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Administrator:
Brian Ames 312.904.7807
brian.ames@abnamro.com

Analyst:
Chris Suh 714.259.6266
chris.k.suh@abnamro.com

Statement Date:

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

Statements to Certificateholders
Cash Reconciliation Summary
Bond Interest Reconciliation
Rating Information

Asset-Backed Facts ~ 15 Month Loan Status Summary

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

Historical Collateral Prepayment
Mortgage Loan Characteristics
Loan Level Detail

Page 2-4
Page 5-7
Page 8
Page 9

Page 10

Page 11
Page 12

Page 13
Page 14-16

Page 17-22

Specially Serviced (Part I) - Loan Detail

Modified Loan Detail
Realized Loss Detail
Historical REO Report

Appraisal Reduction Detail

Page 23

Page 24
Page 25
Page 26

Page 27

Page(s)

Information is available for this issue from the following sources

Issue Id:

Monthly Data File
Name:

WBCM03C4

WBCM03C4_200408_3.ZIP

Closing Date:

First Payment Date:

Rated Final Payment: Date:

10-Apr-03
15-May-03

16-Apr-35

Parties to The Transaction

Depositor: Wachovia Commercial Mortgage Securities, Inc.

Underwriter: Wachovia Securities

Master Servicer: Wachovia Bank, National Association

Special Servicer: Clarion Partners, LLC

Rating Agency: Fitch Ratings/Standard & Poor's

800.246.5761

LaSalle Factor Line

LaSalle Web Site

Servicer Web Site

www.wachovia.com

www.etrustee.net

Page 1 of 27

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:

5.888030%

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

REMIC II

Statement Date:

ABN AMRO Acct: 720502.2

867.817354410

8.813356025

0.000000000

859.003998385

2.171712919

Fixed

0.00

0.000000000

3.00300000%

0.000000000

929766DZ3

A-1

80,500,000.00

69,859,297.03

709,475.16

0.00

69,149,821.87

174,822.89

1000.000000000

0.000000000

1000.000000000

3.805000013

Fixed

0.00

0.000000000

4.56600000%

0.000000000

929766EA7

A-2

374,075,000.00

0.00

374,075,000.00

1,423,355.38

983.803535343

1.045758717

0.000000000

982.757776626

3.775346068

Fixed

0.00

0.000000000

4.60500000%

0.000000000

929766EH2/929766EW9

A-1A

249,922,000.00

245,874,147.16

261,358.11

0.00

245,612,789.05

943,542.04

983.528735036

0.000000000

982.440074433

0.136571224

0.164145656%

0.00

0.000000000

0.16663007%

0.000000000

929766EF6/929766EU3

891,768,534.00

877,079,978.19

0.00

876,109,144.92

121,789.92

948.538835060

0.000000000

948.538835060

0.947637237

1.198849803%

0.00

0.000000000

1.19885939%

0.000000000

929766EG4/929766EV1

846,619,000.00

803,051,000.00

0.00

803,051,000.00

802,287.69

1000.000000000

0.000000000

1000.000000000

4.120833430

Fixed

0.00

0.000000000

4.94500000%

0.000000000

929766EB5

34,556,000.00

0.00

34,556,000.00

142,399.52

1000.000000000

0.000000000

1000.000000000

4.153333632

Fixed

0.00

0.000000000

4.98400000%

0.000000000

929766EC3

11,147,000.00

0.00

11,147,000.00

46,297.21

1000.000000000

0.000000000

1000.000000000

4.200000000

Fixed

0.00

0.000000000

5.04000000%

0.000000000

929766ED1

22,294,000.00

0.00

22,294,000.00

93,634.80

1000.000000000

0.000000000

1000.000000000

4.260833469

Fixed

0.00

0.000000000

5.11300000%

0.000000000

929766EE9

12,262,000.00

0.00

12,262,000.00

52,246.34

1000.000000000

0.000000000

1000.000000000

4.671666939

5.606000000%

0.00

0.000000000

5.60600000%

0.000000000

929766EJ8/929766EX7

12,262,000.00

0.00

12,262,000.00

57,283.98

1000.000000000

0.000000000

1000.000000000

4.824116304

5.838925960%

0.00

0.000000000

5.78893953%

0.000000000

929766EK5/929766EY5

12,261,000.00

0.00

12,261,000.00

59,148.49

1000.000000000

0.000000000

1000.000000000

4.824115968

5.838925960%

0.00

0.000000000

5.78893953%

0.000000000

929766EL3/929766EZ2

12,262,000.00

0.00

12,262,000.00

59,153.31

1000.000000000

0.000000000

1000.000000000

4.110000000

Fixed

0.00

0.000000000

4.93200000%

0.000000000

929766EM1/929766FA6

20,065,000.00

0.00

20,065,000.00

82,467.15

1000.000000000

0.000000000

1000.000000000

4.110000000

Fixed

0.00

0.000000000

4.93200000%

0.000000000

929766EN9/929766FB4

8,918,000.00

0.00

8,918,000.00

36,652.98

1000.000000000

0.000000000

1000.000000000

4.110000000

Fixed

0.00

0.000000000

4.93200000%

0.000000000

929766EP4/929766FC2

6,688,000.00

0.00

6,688,000.00

27,487.68

1000.000000000

0.000000000

1000.000000000

4.110000000

Fixed

0.00

0.000000000

4.93200000%

0.000000000

929766EQ2/929766FD0

6,688,000.00

0.00

6,688,000.00

27,487.68

Page 2 of 27

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:

5.888030%

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

REMIC II

Statement Date:

ABN AMRO Acct: 720502.2

1000.000000000

0.000000000

1000.000000000

4.110000000

Fixed

0.00

0.000000000

4.93200000%

0.000000000

929766ER0/929766FE8

1,115,000.00

0.00

1,115,000.00

4,582.65

1000.000000000

0.000000000

1000.000000000

4.118333707

Fixed

0.00

0.000000000

4.94200000%

0.000000000

929766ES8/929766FF5

4,459,000.00

0.00

4,459,000.00

18,363.65

1000.000000000

0.000000000

1000.000000000

4.246666918

5.096000000%

0.00

0.01

0.000000449

5.09600000%

0.000000000

929766ET6/929766FG3

22,294,534.00

0.00

22,294,534.00

94,677.46

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSK956

RII

0.00

Total P&I Payment

0.00

0.01

891,768,534.00

877,079,978.19

5,238,514.09

Total

876,109,144.92

970,833.27

0.00

4,267,680.82

Page 3 of 27

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:

5.888030%

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

Grantor Trust

Statement Date:

ABN AMRO Acct: 720502.2

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSK957

0.00

Total P&I Payment

0.00

Total

0.00

Page 4 of 27

Wachovia Commercial Mortgage Securities, Inc.

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

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Statement Date:

Cash Reconciliation Summary

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

4,266,615.89

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

4,302,935.97

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

4,269,654.23

)

(1,973.43

0.00
0.00
0.00

)

(1,973.43

963,280.77

7,552.50

970,833.27

0.00
0.00
0.00
0.00
0.00
0.00

970,833.27

5,240,487.50

5,238,514.07

877,079,978.78

140

970,833.27

0.00

0.00
0.00

0.00

876,109,145.51

140

42,995.86

180,792.66

7,552.50

36,320.08

7,552.50

36,320.08

33,281.74

0.00
0.00

625.06

33,906.80

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(33,281.74

4,267,680.80

Interest Not Advanced (

Current Period

)

0.00

36,320.08

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

)

(180,792.66

)

(42,995.86

0.00

Page 5 of 27

Wachovia Commercial Mortgage Securities, Inc.

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

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Statement Date:

Cash Reconciliation Summary PoolGroup I

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

3,065,430.56

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

3,101,750.64

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

3,078,869.41

)

(1,420.21

0.00
0.00
0.00

)

(1,420.21

701,922.66

7,552.50

709,475.16

0.00
0.00
0.00
0.00
0.00
0.00

709,475.16

3,788,344.57

3,786,924.36

631,204,994.79

709,475.16

0.00

0.00
0.00

0.00

630,495,519.63

23,661.40

93,094.81

7,552.50

36,320.08

7,552.50

36,320.07

22,881.23

0.00
0.00

625.06

23,506.29

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(22,881.23

3,077,449.20

Interest Not Advanced (

Current Period

)

0.00

36,320.08

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

)

(93,094.81

)

(23,661.40

0.00

Page 6 of 27

Wachovia Commercial Mortgage Securities, Inc.

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

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Statement Date:

Cash Reconciliation Summary PoolGroup II

Current Scheduled Interest

Interest Summary

Less Deferred Interest

Plus Gross Advance Interest

Less PPIS Reducing Scheduled Int

1,201,185.33

0.00
0.00

Less ASER Interest Adv Reduction

0.00

Less Other Adjustment

0.00

Total

1,201,185.33

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

1,190,784.82

)

(553.22

0.00
0.00
0.00

)

(553.22

261,358.11

0.00

261,358.11

0.00
0.00
0.00
0.00
0.00
0.00

261,358.11

1,452,142.93

1,451,589.72

245,874,983.99

261,358.11

0.00

0.00
0.00

0.00

245,613,625.88

19,334.46

87,697.84

0.00

10,400.51

0.00
0.00
0.00

10,400.51

0.00
0.00
0.00
0.00
0.00
0.00

0.00

Advance Summary (Advance Made by Servicer)

)

(10,400.51

1,190,231.61

Interest Not Advanced (

Current Period

)

0.00

Workout Fees
Liquidation Fees

0.00
0.00

Less Non Recovered

)

(87,697.85

)

(19,334.46

0.00

Page 7 of 27

Wachovia Commercial Mortgage Securities, Inc.

Class

Accrued

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

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

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

A-1

174,822.89

0.00

21.00%

21.38%

30/360

3.003000000%

0.00

A-2

1,423,355.38

0.00

21.00%

21.38%

30/360

4.566000000%

0.00

A-1A

943,542.04

0.00

21.00%

21.38%

30/360

4.605000000%

0.00

121,789.92

0.00

30/360

0.166630070%

0.00

802,287.69

0.00

30/360

1.198859389%

0.00

142,399.52

0.00

17.13%

17.43%

30/360

4.945000000%

0.00

46,297.21

0.00

15.88%

16.16%

30/360

4.984000000%

0.00

93,634.80

0.00

13.38%

13.61%

30/360

5.040000000%

0.00

52,246.34

0.00

12.00%

12.21%

30/360

5.113000000%

0.00

57,283.98

0.00

10.63%

10.81%

30/360

5.606000000%

0.00

59,148.49

0.00

9.25%

9.42%

30/360

5.788939532%

0.00

59,153.31

0.00

7.88%

8.02%

30/360

5.788939532%

0.00

82,467.15

0.00

5.63%

5.73%

30/360

4.932000000%

0.00

36,652.98

0.00

4.63%

4.71%

30/360

4.932000000%

0.00

27,487.68

0.00

3.88%

3.94%

30/360

4.932000000%

0.00

27,487.68

0.00

3.13%

3.18%

30/360

4.932000000%

0.00

4,582.65

0.00

3.00%

3.05%

30/360

4.932000000%

0.00

18,363.65

0.00

2.50%

2.54%

30/360

4.942000000%

0.00

94,677.45

94,689.95

94,677.46

12.50

0.00%

30/360

5.096000000%

0.00

12.50

0.00

30/360

0.000000000%

0.00

4,267,680.81

4,267,693.31

4,267,680.82

12.50

0.00

12.50

0.00

(2) Accrued - Deductions + Additions Interest

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

Page 8 of 27

(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:

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Rating Information

Class

CUSIP

Fitch

Moody's

S&P

Fitch

Moody's

S&P

Original Ratings

Rating Change/Change Date(1)

Statement Date:

A-1

929766DZ3

AAA

A-2

929766EA7

AAA

A-1A

929766EH2

AAA

929766EF6

AAA

929766EG4

AAA

929766EB5

929766EC3

AA-

929766ED1

929766EE9

A-

929766EJ8

BBB+

929766EK5

BBB

929766EL3

BBB-

929766EM1

BB+

929766EN9

929766EP4

BB-

929766EQ2

B+

929766ER0

929766ES8

B-

929766ET6

RII

9ABSK956

9ABSK957

Page 9 of 27

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:

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

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: 720502.2

0.00%

16-Aug-04

0.00%

15-Jul-04

0.00%

15-Jun-04

0.00%

17-May-04

0.00%

15-Apr-04

0.00%

15-Mar-04

0.00%

17-Feb-04

0.00%

15-Jan-04

0.00%

15-Dec-03

0.00%

17-Nov-03

0.00%

15-Oct-03

0.00%

15-Sep-03

0.00%

15-Aug-03

0.00%

15-Jul-03

0.00%

16-Jun-03

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

Page 10 of 27

Wachovia Commercial Mortgage Securities, Inc.

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

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

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: 720502.2

Series 2003-C4

16-Aug-04

140

100.00%

876,109,146

98.24%

0.00%

329

5.89%

5.84%

15-Jul-04

140

100.00%

877,079,979

98.35%

0.00%

330

5.70%

5.65%

15-Jun-04

140

100.00%

878,177,552

98.48%

0.00%

331

5.89%

5.84%

17-May-04

140

100.00%

879,138,261

98.58%

0.00%

332

5.70%

5.65%

15-Apr-04

140

100.00%

880,226,079

98.71%

0.00%

333

5.89%

5.84%

15-Mar-04

140

100.00%

881,176,762

98.81%

0.00%

334

5.70%

5.65%

17-Feb-04

140

100.00%

882,387,087

98.95%

0.00%

335

5.70%

5.65%

15-Jan-04

140

100.00%

883,322,394

99.05%

0.00%

336

5.89%

5.84%

15-Dec-03

140

100.00%

884,222,631

99.15%

0.00%

100

337

5.70%

5.65%

17-Nov-03

140

100.00%

885,245,365

99.27%

0.00%

101

338

5.89%

5.84%

15-Oct-03

140

100.00%

886,136,176

99.37%

0.00%

102

339

5.70%

5.65%

15-Sep-03

140

100.00%

887,149,827

99.48%

0.00%

103

340

5.89%

5.84%

15-Aug-03

140

100.00%

888,031,303

99.58%

0.00%

104

340

5.89%

5.84%

15-Jul-03

140

100.00%

888,908,461

99.68%

0.00%

105

341

5.70%

5.65%

16-Jun-03

140

100.00%

889,908,955

99.79%

0.00%

106

342

5.89%

5.84%

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

Page 11 of 27

Wachovia Commercial Mortgage Securities, Inc.

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

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

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:

1-Jul-04

43,872.58

0.00

43,872.58

Total

Page 12 of 27

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 Advance

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:

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

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 13 of 27

Wachovia Commercial Mortgage Securities, Inc.

Mortgage Loan Characteristics

ABN AMRO Acct: 720502.2

Series 2003-C4

Commercial Mortgage Pass-Through Certificates

30-Jul-04

15-Sep-04

15-Jul-04

16-Aug-04

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Distribution of Mortgage Interest Rates

Distribution of Principal Balances

Distribution of Remaining Term (Balloon)

Distribution of Remaining Term (Fully Amortizing)

Page 14 of 27

Current Scheduled

Balance

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

75,530,146

8.62

116

5.95

1.46

0 to

3,000,000

236,309,539

26.97

101

5.84

1.34

3,000,000 to

6,000,000

100,316,546

11.45

5.71

1.54

6,000,000 to

9,000,000

94,502,901

10.79

5.63

1.36

9,000,000 to 12,000,000

104,739,023

11.96

5.62

1.70

12,000,000 to 15,000,000

87,183,858

9.95

5.66

1.62

15,000,000 to 20,000,000

177,527,132

20.26

5.50

1.38

20,000,000 &

Above

32,984,209

496,914

876,109,146

140

100.00%

Average Schedule Balance
Maximum Schedule Balance
Minimum Schedule Balance

6,257,922

Current Mortgage

Interest Rate

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

4.500%

5.000%

287,573,107

32.82

5.35

1.50

5.001%

5.500%

454,349,406

51.86

103

5.76

1.45

5.501%

6.000%

120,221,335

13.72

103

6.17

1.33

6.001%

6.500%

13,468,385

1.54

130

6.74

1.57

6.501%

7.000%

0.00

7.001%

7.500%

0.00

7.501%

8.000%

496,914

0.06

8.20

1.92

8.001%

Above

140

876,109,146

Minimum Mortgage Interest Rate
Maximum Mortgage Interest Rate

100.00%

5.100%
8.200%

Fully Amortizing

Mortgage Loans

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

120

19,237,215

2.20

165

5.65

0.95

121

180

7,359,546

0.84

206

6.12

1.29

181

240

0.00

241

Above

220

162

26,596,761

Minimum Remaining Term

Maximum Remaining Term

3.04%

Balloon

Mortgage Loans

# of

Loans

Scheduled

Balance

% of

Balance

Weighted Average

Term Coupon PFY DSCR

0.00

168,314,227

19.21

5.35

1.41

112

674,868,967

77.03

100

5.77

1.48

120

6,329,190

0.72

163

6.73

1.17

121

180

0.00

181

240

0.00

241

& Above

163

131

849,512,384

Minimum Remaining Term

Maximum Remaining Term

96.96

Wachovia Commercial Mortgage Securities, Inc.

Mortgage Loan Characteristics

ABN AMRO Acct: 720502.2

Series 2003-C4

Commercial Mortgage Pass-Through Certificates

30-Jul-04

15-Sep-04

15-Jul-04

16-Aug-04

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Geographic Distribution

Distribution of DSCR (PFY)

Distribution of DSCR (Cutoff)

Page 15 of 27

Debt Service

Coverage Ratio

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

Less than zero

0.00

0.001 0.750

3,277,846

0.37

163

5.46

0.91

0.751 1.000

116,372,314

13.28

5.56

1.19

1.001 1.250

323,497,458

36.92

5.73

1.39

1.251 1.500

221,988,375

25.34

5.70

1.63

1.501 1.750

157,630,979

17.99

5.71

2.02

1.751 & Above

53,342,174

6.09

5.80

0.00

Unknown

2.470
0.910

140

876,109,146

100.00%

Minimum DSCR

Maximum DSCR

Debt Service

Coverage Ratio

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

Less than zero

0.00

0.001 0.750

0.00

0.751 1.000

18,635,675

2.13

153

5.76

1.21

1.001 1.250

652,226,703

74.45

5.71

1.38

1.251 1.500

174,428,661

19.91

5.68

1.62

1.501 1.750

30,818,106

3.52

5.55

2.21

1.751 & Above

2.180

1.150

140

876,109,146 100.00

Minimum DSCR

Maximum DSCR

Geographic

Location

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

California

188,466,411

21.51

5.74

1.49

Florida

75,539,824

8.62

5.48

1.54

Maryland

58,492,005

6.68

5.54

1.29

Colorado

49,222,245

5.62

110

5.59

1.44

Arizona

45,194,110

5.16

110

5.55

1.57

Virginia

37,986,009

4.34

103

5.82

1.61

Georgia

36,138,465

4.12

105

5.65

1.13

Oregon

35,890,199

4.10

5.50

1.75

Mississippi

32,273,896

3.68

110

5.78

1.46

Washington

27,212,306

3.11

5.39

1.30

North Carolina

25,836,051

2.95

102

5.76

1.49

Texas

25,125,366

2.87

102

6.02

1.28

Illinois

24,161,823

2.76

102

5.79

1.52

Delaware

23,071,872

2.63

103

5.41

1.36

Indiana

19,987,739

2.28

102

5.59

1.31

New Jersey

17,179,682

1.96

101

6.03

1.61

South Carolina

16,866,923

1.93

103

5.69

1.66

Alabama

16,435,314

1.88

6.08

0.40

Michigan

15,745,319

1.80

5.90

1.54

Minnesota

13,906,506

1.59

140

6.00

1.07

West Virginia

12,024,356

1.37

101

6.00

1.60

District of Columbia

11,211,274

1.28

103

5.40

1.45

Tennessee

9,485,181

1.08

118

6.25

1.34

New York

9,448,223

1.08

103

6.05

1.95

Pennsylvania

7,934,548

0.91

101

5.50

1.47

Maine

7,868,939

0.90

103

5.91

1.72

Missouri

6,925,794

0.79

102

6.06

1.47

Ohio

5,418,330

0.62

102

6.15

1.70

Nevada

4,408,047

0.50

6.00

1.64

Connecticut

4,223,845

0.48

163

5.60

1.39

Kentucky

3,609,421

0.41

101

6.15

1.93

Wisconsin

3,463,270

0.40

102

6.00

1.81

Utah

2,947,573

0.34

102

6.01

1.43

Kansas

2,408,282

0.27

104

5.57

1.26

100.00

876,109,146

140

Wachovia Commercial Mortgage Securities, Inc.

Mortgage Loan Characteristics

ABN AMRO Acct: 720502.2

Series 2003-C4

Commercial Mortgage Pass-Through Certificates

30-Jul-04

15-Sep-04

15-Jul-04

16-Aug-04

Record Date:

Next Payment:

Prior Payment:

Payment Date:

Statement Date:

Distribution of Loan Seasoning

Distribution of Property Types

Distribution of Year Loans Maturing

Distribution of Amortization Type

Page 16 of 27

Property Types

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

Retail

368,748,656

42.09

5.80

1.48

Multifamily

227,349,064

25.95

5.62

1.23

Office

143,152,948

16.34

5.70

1.69

Mobile home park

70,342,289

8.03

100

5.63

1.56

Mixed use

44,968,532

5.13

5.36

1.30

Industrial

21,547,657

2.46

5.77

1.63

876,109,146

140

100.00%

Amortization Type

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

AmortizingBalloon

105

627,133,340

71.58

100

5.75

1.43

ARD

168,455,747

19.23

5.67

1.52

IO/Amortizing/Balloon

80,520,059

9.19

5.39

1.47

876,109,146

140

100.00%

Number of Months

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

139

875,612,232

99.94

1.45

5.70

0.00

496,914

0.06

1.92

8.20

0.00

108

0.00

109

120

0.00

121

140

876,109,146

100.00%

Year

# of

Loans

Scheduled

Balance

% of

Balance

WAMM WAC PFY DSCR

0.00

2004

0.00

2005

0.00

2006

0.00

2007

168,314,227

19.21

5.35

1.41

2008

496,914

0.06

8.20

1.92

2009

37,387,199

4.27

5.47

1.70

2010

4,172,448

0.48

5.55

1.69

2011

26,904,895

3.07

100

5.95

1.56

2012

102

605,907,510

69.16

103

5.78

1.46

2013

0.00

2014

32,925,951

3.76

174

5.96

1.07

2015 & Greater

100.00

876,109,146

140

Wachovia Commercial Mortgage Securities, Inc.

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

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

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:

31-Dec-03

5.93000%

11-Apr-13

WBCM3C4A

Retail

1.30

32,984,209

199,344

31-Dec-03

5.35000%

11-Mar-13

WBCM3C4A

Mobile home park

1.52

29,446,237

167,524

31-Dec-03

5.19000%

1-Apr-08

WBCM3C4A

Mixed use

1.17

28,478,243

159,063

31-Dec-03

5.61000%

11-Mar-13

WBCM3C4A

Retail

1.50

24,916,828

145,746

31-Dec-03

5.88000%

11-Mar-13

WBCM3C4A

Retail

1.66

20,653,712

124,290

31-Dec-03

5.10000%

11-Mar-08

WBCM3C4B

Multifamily

1.24

20,730,000

91,039

31-Dec-03

5.35000%

11-Mar-08

WBCM3C4A

Office

1.30

20,317,904

115,592

31-Dec-03

5.43000%

11-Feb-08

WBCM3C4A

Multifamily

1.32

18,760,000

87,719

25-Dec-03

5.44000%

11-Jan-10

WBCM3C4A

Office

1.92

17,519,414

99,551

31-Dec-03

5.80000%

11-Apr-13

WBCM3C4A

Office

1.83

17,321,326

103,269

31-Dec-03

6.03000%

11-Jan-13

WBCM3C4A

Office

1.61

17,179,682

105,259

31-Dec-03

5.60000%

11-Apr-13

WBCM3C4A

Retail

1.43

16,403,436

95,751

29-Feb-04

5.61000%

1-Mar-13

WBCM3C4B

Multifamily

1.23

14,246,609

83,333

31-Dec-03

6.00000%

11-Feb-13

WBCM3C4A

Office

2.19

13,558,332

82,738

31-Dec-03

5.60000%

11-Mar-13

WBCM3C4A

Industrial

1.68

13,399,184

82,097

31-Dec-03

5.40000%

11-Mar-13

WBCM3C4A

Retail

2.37

13,253,396

75,807

31-Dec-03

5.25000%

11-Jan-08

WBCM3C4A

Office

1.68

12,867,512

72,615

31-Dec-03

5.57000%

11-Apr-13

WBCM3C4A

Retail

1.46

12,834,992

74,682

31-Dec-03

5.56000%

1-Feb-13

WBCM3C4B

Multifamily

1.36

12,554,641

73,160

31-Dec-03

6.00000%

1-Jan-13

WBCM3C4B

Multifamily

1.60

12,024,356

73,445

31-Dec-03

5.59000%

11-Mar-13

WBCM3C4B

Multifamily

1.72

11,661,685

68,068

31-Dec-03

6.13000%

1-Dec-12

WBCM3C4A

Office

1.48

11,480,392

73,747

31-Dec-03

5.78000%

11-Mar-13

WBCM3C4A

Retail

1.47

11,109,588

66,159

5.71000%

11-Feb-13

WBCM3C4A

Retail

0.00

11,089,905

65,657

31-Dec-03

5.38000%

11-Feb-08

WBCM3C4A

Retail

2.31

10,977,389

62,752

Page 17 of 27

* 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:

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

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:

5.43000%

11-Mar-13

WBCM3C4B

Multifamily

0.00

9,818,475

56,340

31-Dec-03

5.81000%

11-Feb-13

WBCM3C4A

Retail

1.45

9,596,093

70,551

31-Dec-03

5.38000%

11-Feb-08

WBCM3C4A

Retail

1.74

9,507,203

54,347

31-Dec-03

5.38000%

11-Feb-08

WBCM3C4A

Retail

2.08

9,262,172

52,947

31-Dec-03

5.70000%

11-Mar-13

WBCM3C4B

Multifamily

1.88

8,157,715

48,173

31-Dec-03

5.50000%

11-Jan-13

WBCM3C4B

Multifamily

1.47

7,934,548

45,991

31-Dec-03

5.91000%

11-Mar-13

WBCM3C4B

Mobile home park

1.72

7,868,939

47,502

6.12000%

1-Jan-08

WBCM3C4B

Multifamily

0.00

7,684,473

47,520

25-Dec-03

5.44000%

11-Jan-10

WBCM3C4A

Office

1.60

7,643,031

43,430

31-Dec-03

5.72000%

1-Dec-12

WBCM3C4A

Retail

1.58

7,493,152

44,498

31-Dec-03

5.70000%

11-Apr-13

WBCM3C4A

Retail

1.46

7,419,453

47,583

31-Dec-03

6.10000%

11-Apr-13

WBCM3C4A

Retail

1.27

7,137,731

47,481

31-Dec-03

5.50000%

1-Oct-13

WBCM3C4B

Multifamily

1.33

6,730,639

42,372

31-Dec-03

5.80000%

11-Apr-13

WBCM3C4A

Retail

1.80

6,716,934

40,046

25-Dec-03

5.44000%

11-Jan-10

WBCM3C4A

Mixed use

1.45

6,650,429

37,790

31-Dec-03

5.38000%

11-Feb-08

WBCM3C4A

Retail

1.84

6,370,806

36,418

31-Dec-03

6.07500%

1-Jan-13

WBCM3C4A

Retail

2.36

6,324,555

42,178

31-Dec-03

5.56000%

11-Feb-13

WBCM3C4A

Office

2.04

6,184,141

36,037

31-Dec-03

5.50000%

11-Mar-13

WBCM3C4B

Multifamily

1.81

5,990,888

34,635

31-Dec-03

5.57000%

11-Apr-13

WBCM3C4A

Retail

1.57

5,978,911

34,789

31-Dec-03

5.71000%

11-Jan-13

WBCM3C4A

Office

1.71

5,647,296

33,468

31-Dec-03

5.64000%

11-Mar-10

WBCM3C4A

Retail

1.47

5,574,325

35,606

31-Dec-03

5.75000%

1-Feb-08

WBCM3C4A

Industrial

1.17

5,417,184

31,805

31-Dec-03

5.90000%

11-Feb-13

WBCM3C4A

Retail

1.53

5,205,238

31,436

5.70000%

1-Feb-13

WBCM3C4B

Multifamily

0.00

5,103,121

30,181

Page 18 of 27

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:

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

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:

31-Dec-03

5.58000%

11-Jan-13

WBCM3C4A

Retail

1.16

5,095,502

29,787

6.00000%

1-Mar-13

WBCM3C4A

Retail

0.00

4,772,092

29,078

31-Dec-03

5.33000%

11-Mar-08

WBCM3C4B

Multifamily

1.37

4,711,028

26,744

31-Dec-03

5.78000%

1-Jan-13

WBCM3C4B

Mobile home park

1.89

4,707,429

28,103

31-Dec-03

5.90000%

11-Mar-13

WBCM3C4A

Retail

1.58

4,672,013

28,174

31-Dec-03

5.52000%

11-Mar-13

WBCM3C4B

Mobile home park

1.45

4,616,285

26,745

31-Dec-03

5.61000%

11-Mar-19

WBCM3C4A

Retail

1.16

4,340,791

36,561

30-Jun-03

5.60000%

11-Mar-18

WBCM3C4A

Mixed use

1.39

4,223,845

37,008

31-Dec-03

6.00000%

11-Nov-12

WBCM3C4A

Retail

1.64

4,408,047

26,980

31-Dec-03

6.30000%

11-Feb-13

WBCM3C4A

Retail

1.33

4,310,868

29,294

31-Dec-03

6.25000%

11-Feb-13

WBCM3C4A

Retail

1.33

4,224,250

26,449

31-Dec-03

5.55000%

11-Feb-11

WBCM3C4A

Retail

1.69

4,172,448

26,485

31-Dec-03

5.25000%

11-Mar-13

WBCM3C4B

Multifamily

1.53

4,086,034

25,168

31-Dec-03

5.68000%

11-Mar-13

WBCM3C4B

Multifamily

1.47

4,078,552

24,034

31-Dec-03

6.00000%

1-Feb-13

WBCM3C4A

Retail

1.50

4,077,325

24,881

31-Dec-03

6.00000%

1-Feb-13

WBCM3C4B

Multifamily

1.79

4,077,325

24,881

31-Dec-03

6.25000%

1-Jan-13

WBCM3C4A

Retail

1.66

4,028,382

25,244

31-Dec-03

6.15000%

1-Feb-13

WBCM3C4B

Multifamily

1.18

4,009,188

24,847

31-Dec-03

6.35000%

11-Feb-13

WBCM3C4A

Retail

1.29

3,984,123

25,201

31-Dec-03

5.73000%

11-Mar-13

WBCM3C4B

Multifamily

1.20

3,951,528

23,409

31-Dec-03

6.07000%

11-Mar-13

WBCM3C4A

Office

1.15

3,816,175

30,966

31-Dec-03

5.38000%

11-Feb-08

WBCM3C4A

Multifamily

1.50

3,871,490

22,131

31-Dec-03

5.89000%

1-Mar-13

WBCM3C4B

Mobile home park

1.54

3,816,158

22,989

5.82000%

11-Feb-18

WBCM3C4B

Multifamily

0.00

3,648,884

32,532

31-Dec-03

5.75000%

11-Feb-13

WBCM3C4A

Retail

1.49

3,800,000

18,815

Page 19 of 27

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:

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

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:

31-Dec-03

5.25000%

11-Mar-13

WBCM3C4B

Multifamily

1.42

3,696,888

22,771

31-Dec-03

6.35000%

11-Feb-13

WBCM3C4A

Retail

1.30

3,669,328

23,209

31-Dec-03

5.75000%

11-Feb-08

WBCM3C4A

Retail

1.53

3,624,480

23,434

31-Dec-03

6.25000%

11-Feb-13

WBCM3C4A

Retail

1.31

3,650,698

22,858

31-Dec-03

5.79000%

11-Feb-13

WBCM3C4B

Multifamily

1.72

3,607,784

21,540

31-Dec-03

6.15000%

1-Jan-13

WBCM3C4A

Retail

1.93

3,609,421

22,389

31-Dec-03

5.97500%

1-Feb-13

WBCM3C4A

Retail

1.18

3,590,659

21,855

31-Dec-03

6.24000%

11-Feb-13

WBCM3C4A

Retail

1.37

3,589,224

22,450

31-Dec-03

5.85000%

1-Mar-13

WBCM3C4A

Retail

1.39

3,540,249

21,238

31-Dec-03

6.00000%

1-Mar-13

WBCM3C4B

Multifamily

1.49

3,513,641

23,195

31-Dec-03

6.20000%

11-Feb-13

WBCM3C4A

Office

1.45

3,539,547

22,049

31-Dec-03

5.70000%

1-Jan-13

WBCM3C4B

Multifamily

1.12

3,529,415

20,894

31-Dec-03

5.80000%

1-Nov-12

WBCM3C4B

Multifamily

1.65

3,523,304

21,123

31-Dec-03

6.00000%

1-Feb-13

WBCM3C4A

Office

1.81

3,463,270

21,134

31-Dec-03

6.30000%

1-Jan-13

WBCM3C4A

Retail

1.40

3,459,169

21,788

31-Dec-03

5.46000%

11-Mar-18

WBCM3C4A

Retail

0.91

3,277,846

28,524

31-Dec-03

5.75000%

11-Mar-13

WBCM3C4A

Mixed use

1.39

3,428,353

20,352

6.25000%

11-Feb-13

WBCM3C4A

Retail

0.00

3,392,676

21,242

6.14000%

11-Feb-13

WBCM3C4B

Multifamily

0.00

3,313,831

22,198

31-Dec-03

5.93000%

11-Mar-13

WBCM3C4A

Retail

1.62

3,246,172

19,637

31-Dec-03

5.57000%

11-Apr-13

WBCM3C4A

Retail

1.41

3,225,465

18,768

31-Dec-03

5.50000%

1-Mar-13

WBCM3C4B

Mobile home park

1.72

3,191,867

18,453

31-Dec-03

5.48000%

11-Apr-13

WBCM3C4B

Multifamily

1.27

3,076,967

17,733

31-Dec-03

6.00000%

1-Feb-13

WBCM3C4B

Mobile home park

1.31

3,045,712

18,586

31-Dec-03

6.00000%

11-Feb-13

WBCM3C4A

Retail

1.57

3,045,712

18,586

100

Page 20 of 27

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:

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

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:

31-Dec-03

6.00000%

1-Jan-13

WBCM3C4A

Retail

1.44

3,015,299

19,973

101

31-Dec-03

5.98000%

11-Feb-13

WBCM3C4A

Retail

1.20

3,025,837

18,427

102

31-Dec-03

5.20000%

11-Mar-08

WBCM3C4A

Retail

1.46

2,942,874

16,473

103

31-Dec-03

6.01000%

11-Feb-13

WBCM3C4A

Retail

1.43

2,947,573

18,006

104

31-Dec-03

6.27000%

11-Dec-22

WBCM3C4A

Retail

1.37

2,773,609

21,386

105

31-Dec-03

5.26000%

1-Jan-08

WBCM3C4B

Mobile home park

1.77

2,791,471

17,275

106

31-Dec-03

6.24000%

11-Sep-21

WBCM3C4A

Retail

1.30

2,692,827

21,526

107

31-Dec-03

6.75000%

1-Jan-13

WBCM3C4A

Retail

1.57

2,732,438

19,346

108

31-Dec-03

6.65000%

1-Jan-13

WBCM3C4A

Industrial

2.33

2,731,288

19,169

109

31-Dec-03

5.50000%

11-Feb-13

WBCM3C4A

Office

1.69

2,614,926

22,878

110

31-Dec-03

5.82000%

11-Feb-18

WBCM3C4B

Multifamily

1.15

2,526,150

22,522

111

31-Dec-03

5.48000%

11-Apr-13

WBCM3C4B

Multifamily

1.31

2,629,676

15,155

112

31-Dec-03

6.74000%

1-Mar-18

WBCM3C4B

Multifamily

1.18

2,485,763

16,328

113

5.40000%

11-Mar-13

WBCM3C4B

Multifamily

0.00

2,454,333

14,038

114

31-Dec-03

5.70000%

1-Feb-13

WBCM3C4B

Multifamily

1.43

2,453,424

14,510

115

31-Dec-03

5.57000%

11-Apr-13

WBCM3C4A

Retail

1.26

2,408,282

14,013

116

31-Dec-03

5.57000%

11-Apr-13

WBCM3C4A

Retail

1.52

2,360,097

13,733

117

31-Dec-03

6.70000%

1-Feb-18

WBCM3C4B

Multifamily

1.13

2,363,806

15,487

118

31-Dec-03

6.35000%

1-Jan-13

WBCM3C4A

Mixed use

2.32

2,187,663

20,191

119

31-Dec-03

6.20000%

1-Mar-13

WBCM3C4A

Retail

1.73

2,282,376

14,197

120

31-Dec-03

5.75000%

1-Mar-13

WBCM3C4B

Mobile home park

0.00

2,064,384

12,255

121

31-Dec-03

6.28800%

1-Jan-13

WBCM3C4A

Retail

1.47

2,063,615

12,982

122

31-Dec-03

5.40000%

11-Mar-13

WBCM3C4B

Multifamily

2.47

1,963,466

11,231

123

31-Dec-03

5.72000%

11-Feb-20

WBCM3C4B

Multifamily

1.15

1,893,111

15,353

124

31-Dec-03

5.90000%

1-Feb-13

WBCM3C4B

Mobile home park

1.83

1,915,135

11,566

125

Page 21 of 27

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:

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

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:

31-Dec-03

6.90000%

1-Feb-13

WBCM3C4B

Mobile home park

1.80

1,675,469

11,196

126

31-Dec-03

5.48000%

11-Apr-13

WBCM3C4B

Multifamily

1.37

1,602,382

9,235

127

31-Dec-03

6.36000%

1-Jan-13

WBCM3C4B

Mobile home park

1.23

1,494,069

9,468

128

31-Dec-03

6.74000%

1-Mar-18

WBCM3C4B

Multifamily

1.22

1,479,621

9,719

129

31-Dec-03

5.78000%

11-Mar-13

WBCM3C4B

Multifamily

1.22

1,425,566

8,489

130

31-Dec-03

5.85000%

11-Mar-13

WBCM3C4A

Retail

1.80

1,389,948

9,051

131

31-Dec-03

6.08000%

1-Feb-13

WBCM3C4B

Mobile home park

1.82

1,375,889

8,466

132

31-Dec-03

5.74000%

11-Feb-13

WBCM3C4B

Multifamily

2.20

1,275,978

7,578

133

31-Dec-03

5.68000%

11-Mar-18

WBCM3C4B

Multifamily

1.16

1,219,700

10,806

134

31-Dec-03

5.48000%

11-Apr-13

WBCM3C4B

Multifamily

1.22

1,253,397

7,223

135

31-Dec-03

5.83000%

11-Feb-13

WBCM3C4B

Mobile home park

1.80

1,227,325

7,358

136

31-Dec-03

5.48000%

11-Apr-13

WBCM3C4B

Multifamily

1.47

1,150,176

6,628

137

31-Dec-03

5.75000%

1-Mar-13

WBCM3C4B

Mobile home park

1.97

1,105,920

6,565

138

31-Dec-03

5.70000%

1-Feb-13

WBCM3C4B

Multifamily

1.35

1,079,506

6,384

139

31-Dec-03

8.20000%

1-Dec-09

WBCM3C4A

Retail

1.92

496,914

4,161

140

876,109,146

5,274,394

Page 22 of 27

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:

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

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)

Page 23 of 27

(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:

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

Modified Loan Detail

Disclosure

Control #

Modification

Date

Cutoff

Maturity

Date

Modification

Description

Modified

Maturity

Date

Statement Date:

Page 24 of 27

Wachovia Commercial Mortgage Securities, Inc.

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

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

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 25 of 27

* 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:

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

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: 720502.2

Page 26 of 27

Wachovia Commercial Mortgage Securities, Inc.

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

16-Aug-04
16-Aug-04

15-Jul-04

15-Sep-04

30-Jul-04

Commercial Mortgage Pass-Through Certificates

Series 2003-C4

ABN AMRO Acct: 720502.2

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 27 of 27

WACHOVIA COMMERCIAL MORT SEC INC COM MOR PS THR CER SE 03-C4 8-K