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) ~~January~~February 1817, 2005

Wachovia Commercial Mortgage Securities, Inc.
(Exact name of registrant as specified in its charter)

North Carolina
(State or other jurisdiction
of incorporation)

333-108944
(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-C14, which was made on ~~January~~February 1817, 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 ~~January~~February 1817, 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: ~~January~~February 2123, 2005

Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 Reporting Package Table of Contents Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 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 CertificateholdersBond Interest ReconciliationShortfall Summary ReportCash Reconciliation Summary Cash Reconciliation Summary Cash Reconciliation SummaryAsset-Backed Facts ~ 15 Month Loan Status Summary Asset-Backed Facts ~ 15 Month Loan Payoff/Loss SummaryDelinquent Loan DetailHistorical Collateral Prepayment Page 2-4Page 5Page 6Page 7 Page 8 Page 9-11Page 12-16 Page 17-21Page 22 Page 23 Loan Level Detail Specially Serviced (Part I) - Loan DetailSpecially Serviced (Part II) - Servicer CommentsModified Loan Detail Appraisal Reduction DetailAppraisal Reduction DetailHistorical REO Report Page 24-27 Page 28Page 29Page 30 Page 31Page 32Page 33 Page(s) Information is available for this issue from the following sources Issue Id: Monthly Data File Name: WBCM4C14 WBCM4C14_200501_3.ZIP Closing Date: First Payment Date: Rated Final Payment: Date: 25-Aug-0417-Sep-04 15-Aug-14 Defeased Loans Page 34 Parties to The Transaction Depositor: Wachovia Commercial Mortgage Securities, Inc. Underwriter: Wachovia Securities/Goldman Sachs & Co./Greenwich Capital Markets, Inc. Master Servicer: Wachovia Bank, National Association Special Servicer: Allied Capital Corporation Rating Agency: Standard & Poor's/Moody's Investors Service, Inc. 800.246.5761 LaSalle Factor Line LaSalle Web Site Servicer Web Site www.wachovia.com www.etrustee.net Page 1 of 34 14-Jan-2005 - 08:33 (R992-S018) (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: 5.600230% 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2004-C14 Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment (2) Adjustment Rate 201 REMIC II Statement Date: ABN AMRO Acct: 722016.1 944.004955250 13.214610500 0.000000000 930.790344750 2.735254250 Fixed 0.00 0.00 0.000000000 3.47700000% 0.000000000 929766TN3 A-1 40,000,000.00 37,760,198.21 528,584.42 0.00 37,231,613.79 109,410.17 1000.000000000 0.000000000 0.000000000 1000.000000000 3.640000000 Fixed 0.00 0.00 0.000000000 4.36800000% 0.000000000 929766TP8 A-2 226,423,000.00 226,423,000.00 0.00 0.00 226,423,000.00 824,179.72 1000.000000000 0.000000000 0.000000000 1000.000000000 4.104166708 Fixed 0.00 0.00 0.000000000 4.92500000% 0.000000000 929766UJ0 A-3 80,236,000.00 80,236,000.00 0.00 0.00 80,236,000.00 329,301.92 1000.000000000 0.000000000 0.000000000 1000.000000000 4.240000000 5.088000000% 0.00 0.00 0.000000000 5.08800000% 0.000000000 929766UK7 A-4 305,906,000.00 305,906,000.00 0.00 0.00 305,906,000.00 1,297,041.44 997.290466552 0.636164193 0.000000000 996.654302359 3.971709289 Fixed 0.00 0.00 0.000000000 4.77900000% 0.000000000 929766UL5 A-1A 294,994,000.00 294,194,703.89 187,664.62 0.00 294,007,039.27 1,171,630.41 997.229704809 0.000000000 0.000000000 996.576806701 0.032724446 0.038257550% 0.00 0.00 0.000000000 0.03937843% 0.000000000 N 929766UG6 X-C 1,097,030,349.00 1,093,991,251.10 0.00 0.00 1,093,275,002.06 35,899.71 1000.000000000 0.000000000 0.000000000 1000.000000000 0.611516921 0.733771577% 0.00 0.00 0.000000000 0.73382030% 0.000000000 N 929766UH4 X-P 1,057,616,000.00 1,057,616,000.00 0.00 0.00 1,057,616,000.00 646,750.08 1000.000000000 0.000000000 0.000000000 1000.000000000 4.308333507 5.170000000% 0.00 0.00 0.000000000 5.17000000% 0.000000000 929766TQ6 B 28,797,000.00 28,797,000.00 0.00 0.00 28,797,000.00 124,067.08 1000.000000000 0.000000000 0.000000000 1000.000000000 4.341666424 5.210000000% 0.00 0.00 0.000000000 5.21000000% 0.000000000 929766TR4 C 13,712,000.00 13,712,000.00 0.00 0.00 13,712,000.00 59,532.93 1000.000000000 0.000000000 0.000000000 1000.000000000 4.390833614 5.269000000% 0.00 0.00 0.000000000 5.26900000% 0.000000000 929766TS2 D 17,826,000.00 17,826,000.00 0.00 0.00 17,826,000.00 78,271.00 1000.000000000 0.000000000 0.000000000 1000.000000000 4.465000000 5.358000000% 0.00 0.00 0.000000000 5.35800000% 0.000000000 929766TT0 E 10,970,000.00 10,970,000.00 0.00 0.00 10,970,000.00 48,981.05 1000.000000000 0.000000000 0.000000000 1000.000000000 4.605000405 5.526000000% 0.00 0.00 0.000000000 5.52600000% 0.000000000 929766TU7 F 12,341,000.00 12,341,000.00 0.00 0.00 12,341,000.00 56,830.31 1000.000000000 0.000000000 0.000000000 1000.000000000 4.561572806 5.473839613% 0.00 0.00 0.000000000 5.47388764% 0.000000000 929766TV5 G 12,341,000.00 12,341,000.00 0.00 0.00 12,341,000.00 56,294.37 1000.000000000 0.000000000 0.000000000 1000.000000000 4.640739857 5.568839613% 0.00 0.00 0.000000000 5.56888764% 0.000000000 929766TW3 H 15,084,000.00 15,084,000.00 0.00 0.00 15,084,000.00 70,000.92 1000.000000000 0.000000000 0.000000000 1000.000000000 4.394168490 5.273000000% 0.00 0.00 0.000000000 5.27300000% 0.000000000 929766TX1 J 2,742,000.00 2,742,000.00 0.00 0.00 2,742,000.00 12,048.81 14-Jan-2005 - 08:33 (R992-S018) (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: 5.600230% 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2004-C14 Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment (2) Adjustment Rate 201 REMIC II Statement Date: ABN AMRO Acct: 722016.1 1000.000000000 0.000000000 0.000000000 1000.000000000 4.394167274 5.273000000% 0.00 0.00 0.000000000 5.27300000% 0.000000000 929766TY9 K 4,113,000.00 4,113,000.00 0.00 0.00 4,113,000.00 18,073.21 1000.000000000 0.000000000 0.000000000 1000.000000000 4.394167153 5.273000000% 0.00 0.00 0.000000000 5.27300000% 0.000000000 929766TZ6 L 6,856,000.00 6,856,000.00 0.00 0.00 6,856,000.00 30,126.41 1000.000000000 0.000000000 0.000000000 1000.000000000 4.394168490 5.273000000% 0.00 0.00 0.000000000 5.27300000% 0.000000000 929766UA9 M 2,742,000.00 2,742,000.00 0.00 0.00 2,742,000.00 12,048.81 1000.000000000 0.000000000 0.000000000 1000.000000000 4.394168490 5.273000000% 0.00 0.00 0.000000000 5.27300000% 0.000000000 929766UB7 N 2,742,000.00 2,742,000.00 0.00 0.00 2,742,000.00 12,048.81 1000.000000000 0.000000000 0.000000000 1000.000000000 4.394168490 5.273000000% 0.00 0.00 0.000000000 5.27300000% 0.000000000 929766UC5 O 2,742,000.00 2,742,000.00 0.00 0.00 2,742,000.00 12,048.81 1000.000000000 0.000000000 0.000000000 1000.000000000 4.394166703 5.273000000% 0.00 0.00 0.000000000 5.27300000% 0.000000000 929766UD3 P 16,463,349.00 16,463,349.00 0.00 0.00 16,463,349.00 72,342.70 1000.000000000 0.000000000 0.000000000 1000.000000000 4.532508628 5.439010000% 0.00 0.00 0.000000000 5.43901000% 0.000000000 929766UE1 MAD 13,555,555.00 13,555,555.00 0.00 0.00 13,555,555.00 61,440.67 995.561130718 1.050830679 0.000000000 994.510300038 4.406740833 5.311666667% 0.00 0.00 0.000000000 5.31166667% 0.000000000 929766UF8 PP 39,958,978.00 39,781,605.32 41,990.12 0.00 39,739,615.20 176,088.86 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.00 0.00 0.000000000 N/A 0.000000000 9ABSS018 R-II 0.00 0.00 0.00 0.00 0.00 0.00 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.00 0.00 0.000000000 N/A 0.000000000 LR 0.00 0.00 0.00 0.00 0.00 0.00 Total P&I Payment 0.00 0.00 1,150,544,882.00 1,147,328,411.42 6,072,697.36 Total 1,146,570,172.26 758,239.16 0.00 5,314,458.20 14-Jan-2005 - 08:33 (R992-S018) (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: 5.600230% 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Wachovia Commercial Mortgage Securities, Inc. Commercial Mortgage Pass-Through Certificates Series 2004-C14 Face Value (1) Balance Payment Adj. or Loss Amortization Balance Payment (2) Adjustment Rate 201 Grantor Trust Statement Date: ABN AMRO Acct: 722016.1 0.000000000 0.000000000 0.000000000 0.000000000 0.000000000 0.00 0.00 0.000000000 N/A 0.000000000 9ABSS016 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 14-Jan-2005 - 08:33 (R992-S018) (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. Class Accrued Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1Bond 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 A-1 30 109,410.17 109,410.17 109,410.17 0.00 13.63% 13.67% 30/360 3.477000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-2 30 824,179.72 824,179.72 824,179.72 0.00 13.63% 13.67% 30/360 4.368000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-3 30 329,301.92 329,301.92 329,301.92 0.00 13.63% 13.67% 30/360 4.925000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-4 30 1,297,041.44 1,297,041.44 1,297,041.44 0.00 13.63% 13.67% 30/360 5.088000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 A-1A 30 1,171,630.41 1,171,630.41 1,171,630.41 0.00 13.63% 13.67% 30/360 4.779000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 X-C 30 35,899.71 35,899.71 35,899.71 0.00 NA NA 30/360 0.039378429% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 X-P 30 646,750.08 646,750.08 646,750.08 0.00 NA NA 30/360 0.733820303% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 B 30 124,067.08 124,067.08 124,067.08 0.00 11.00% 11.04% 30/360 5.170000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 C 30 59,532.93 59,532.93 59,532.93 0.00 9.75% 9.78% 30/360 5.210000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 D 30 78,271.00 78,271.00 78,271.00 0.00 8.13% 8.15% 30/360 5.269000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 E 30 48,981.05 48,981.05 48,981.05 0.00 7.13% 7.15% 30/360 5.358000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 F 30 56,830.31 56,830.31 56,830.31 0.00 6.00% 6.02% 30/360 5.526000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 G 30 56,294.37 56,294.37 56,294.37 0.00 4.88% 4.89% 30/360 5.473887644% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 H 30 70,000.92 70,000.92 70,000.92 0.00 3.50% 3.51% 30/360 5.568887644% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 J 30 12,048.81 12,048.81 12,048.81 0.00 3.25% 3.26% 30/360 5.273000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 K 30 18,073.21 18,073.21 18,073.21 0.00 2.88% 2.89% 30/360 5.273000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 L 30 30,126.41 30,126.41 30,126.41 0.00 2.25% 2.26% 30/360 5.273000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 M 30 12,048.81 12,048.81 12,048.81 0.00 2.00% 2.01% 30/360 5.273000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 N 30 12,048.81 12,048.81 12,048.81 0.00 1.75% 1.76% 30/360 5.273000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 O 30 12,048.81 12,048.81 12,048.81 0.00 1.50% 1.51% 30/360 5.273000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 P 30 72,342.70 72,342.70 72,342.70 0.00 0.00% 0.00% 30/360 5.273000000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 MAD 30 61,440.67 61,440.67 61,440.67 0.00 NA NA 30/360 5.439010000% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PP 30 176,088.86 176,088.86 176,088.86 0.00 NA NA 30/360 5.311666667% 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 5,314,458.20 5,314,458.20 5,314,458.20 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. 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Page 5 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: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 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 6 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 Statement Date: Cash Reconciliation Summary Current Scheduled Interest Interest Summary Less Deferred InterestPlus Advance InterestPlus Unscheduled Interest PPIS Reducing Scheduled InterestLess Total Fees Paid To ServicerPlus Fees Advanced for PPIS Less Fee Strips Paid by ServicerLess Misc. Fees & ExpensesLess Non Recoverable AdvancesInterest Due Trust Less Trustee FeeLess Fee Strips Paid by TrustLess Misc. Fees Paid by Trust Remittance Interest 5,511,323.26 0.000.000.000.00 ) (38,022.38 0.000.000.000.00 5,473,300.89 ) (1,938.21 0.000.00 5,314,458.16 Servicing Fee Summary Current Servicing FeesPlus Fees Advanced for PPISLess Reduction for PPISPlus Delinquent Servicing Fees Total Servicing Fees 0.000.00 PPIS Summary Gross PPIS Reduced by PPIEReduced by Shortfalls in Fees Reduced by Other AmountsNet PPIS PPIS Reducing Servicing FeePPIS Allocated to Certificates 0.000.000.000.00 0.000.00 Principal Summary Scheduled:Current Scheduled PrincipalAdvanced Scheduled PrincipalScheduled Principal Distribution Unscheduled:CurtailmentsPrepayments in Full Liquidation ProceedsRepurchase ProceedsOther Principal ProceedsUnscheduled Principal Distribution Remittance Principal Servicer Wire Amount 758,239.11 0.00 758,239.11 0.050.000.000.000.000.05 758,239.16 6,231,540.05 Pool Balance Summary Beginning PoolScheduled Principal DistributionUnscheduled Principal DistributionDeferred InterestLiquidations RepurchasesEnding Pool Balance/Amount Count 1,147,328,412.89 758,239.11 0.050.000.000.00 1,146,570,173.73 83 0 00 83 Advances Prior Outstanding Current Period Recovered Ending Outstanding Principal Principal Interest Principal Interest Interest Principal Made by: Servicer 0.00 47,848.13 0.00 0.00 Interest 47,848.13 207,645.95 207,645.95 0.00 0.00 Less Interest Reserve Withholding Plus Interest Reserve Deposit ) (156,904.52 0.00 38,022.38 38,022.38 0.00 Page 7 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 Statement Date: Cash Reconciliation Summary Loan Group 1 Current Scheduled Interest Interest Summary Less Deferred InterestPlus Advance InterestPlus Unscheduled Interest PPIS Reducing Scheduled InterestLess Total Fees Paid To ServicerPlus Fees Advanced for PPIS Less Fee Strips Paid by ServicerLess Misc. Fees & ExpensesLess Non Recoverable AdvancesInterest Due Trust Less Trustee FeeLess Fee Strips Paid by TrustLess Misc. Fees Paid by Trust Remittance Interest 3,877,011.12 0.00 0.00 ) (27,074.26 0.000.000.00 ) (1,399.64 0.000.00 3,736,664.17 Servicing Fee Summary Current Servicing FeesPlus Fees Advanced for PPISLess Reduction for PPISPlus Delinquent Servicing Fees Total Servicing Fees 0.00 PPIS Summary Gross PPIS Reduced by PPIEReduced by Shortfalls in Fees Reduced by Other AmountsNet PPIS PPIS Reducing Servicing FeePPIS Allocated to Certificates 0.00 0.000.00 Principal Summary Scheduled:Current Scheduled PrincipalAdvanced Scheduled PrincipalScheduled Principal Distribution Unscheduled:CurtailmentsPrepayments in Full Liquidation ProceedsRepurchase ProceedsOther Principal ProceedsUnscheduled Principal Distribution Remittance Principal Servicer Wire Amount 528,584.37 0.05 0.00 Pool Balance Summary Beginning PoolScheduled Principal DistributionUnscheduled Principal DistributionDeferred InterestLiquidations RepurchasesEnding Pool Balance/Amount Count 0.05 Advances Prior Outstanding Current Period Recovered Ending Outstanding Principal Principal Interest Principal Interest Interest Principal Made by: Servicer Interest Less Interest Reserve Withholding Plus Interest Reserve Deposit ) (111,873.05 27,074.26 27,074.26 0.000.00 0.00 3,849,936.86 0.00 0.00 0.00 0.00 0.000.00 0.00 0.00 528,584.37 0.000.000.00 0.05 528,584.42 4,378,521.28 799,796,171.97 56 528,584.37 0 0.000.00 0 0.00 0 799,267,587.55 56 47,848.13 207,645.95 0.00 0.00 47,848.13 207,645.95 0.00 0.00 Page 8 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 Statement Date: Cash Reconciliation Summary Loan Group 2 Current Scheduled Interest Interest Summary Less Deferred InterestPlus Advance InterestPlus Unscheduled Interest PPIS Reducing Scheduled InterestLess Total Fees Paid To ServicerPlus Fees Advanced for PPIS Less Fee Strips Paid by ServicerLess Misc. Fees & ExpensesLess Non Recoverable AdvancesInterest Due Trust Less Trustee FeeLess Fee Strips Paid by TrustLess Misc. Fees Paid by Trust Remittance Interest 1,395,975.53 0.000.000.000.00 ) (10,164.75 0.000.000.000.00 1,385,810.78 ) (514.84 0.000.00 1,340,264.47 Servicing Fee Summary Current Servicing FeesPlus Fees Advanced for PPISLess Reduction for PPISPlus Delinquent Servicing Fees Total Servicing Fees 0.000.00 PPIS Summary Gross PPIS Reduced by PPIEReduced by Shortfalls in Fees Reduced by Other AmountsNet PPIS PPIS Reducing Servicing FeePPIS Allocated to Certificates 0.000.000.000.00 0.000.00 Principal Summary Scheduled:Current Scheduled PrincipalAdvanced Scheduled PrincipalScheduled Principal Distribution Unscheduled:CurtailmentsPrepayments in Full Liquidation ProceedsRepurchase ProceedsOther Principal ProceedsUnscheduled Principal Distribution Remittance Principal Servicer Wire Amount 187,664.62 0.00 187,664.62 0.000.000.000.000.000.00 187,664.62 1,573,475.40 Pool Balance Summary Beginning PoolScheduled Principal DistributionUnscheduled Principal DistributionDeferred InterestLiquidations RepurchasesEnding Pool Balance/Amount Count 294,195,079.64 187,664.62 0.000.000.000.00 294,007,415.02 25 0 00 25 Advances Prior Outstanding Current Period Recovered Ending Outstanding Principal Principal Interest Principal Interest Interest Principal Made by: Servicer 0.00 0.00 0.00 0.00 Interest 0.00 0.00 0.00 0.00 0.00 Less Interest Reserve Withholding Plus Interest Reserve Deposit ) (45,031.47 0.00 10,164.75 10,164.75 0.00 Page 9 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 Statement Date: Cash Reconciliation Summary Madison - Non Pooled Component Current Scheduled Interest Interest Summary Less Deferred InterestPlus Advance InterestPlus Unscheduled Interest PPIS Reducing Scheduled InterestLess Total Fees Paid To ServicerPlus Fees Advanced for PPIS Less Fee Strips Paid by ServicerLess Misc. Fees & ExpensesLess Non Recoverable AdvancesInterest Due Trust Less Trustee FeeLess Fee Strips Paid by TrustLess Misc. Fees Paid by Trust Remittance Interest 176,420.37 0.000.000.000.00 ) (331.51 0.000.000.000.00 176,088.86 0.000.000.00 176,088.86 Servicing Fee Summary Current Servicing FeesPlus Fees Advanced for PPISLess Reduction for PPISPlus Delinquent Servicing Fees Total Servicing Fees 0.000.00 PPIS Summary Gross PPIS Reduced by PPIEReduced by Shortfalls in Fees Reduced by Other AmountsNet PPIS PPIS Reducing Servicing FeePPIS Allocated to Certificates 0.000.000.000.00 0.000.00 Principal Summary Scheduled:Current Scheduled PrincipalAdvanced Scheduled PrincipalScheduled Principal Distribution Unscheduled:CurtailmentsPrepayments in Full Liquidation ProceedsRepurchase ProceedsOther Principal ProceedsUnscheduled Principal Distribution Remittance Principal Servicer Wire Amount 41,990.12 0.00 41,990.12 0.000.000.000.000.000.00 41,990.12 218,078.98 Pool Balance Summary Beginning PoolScheduled Principal DistributionUnscheduled Principal DistributionDeferred InterestLiquidations RepurchasesEnding Pool Balance/Amount Count 39,781,605.72 41,990.12 0.000.000.000.00 39,739,615.60 1 0 001 Advances Prior Outstanding Current Period Recovered Ending Outstanding Principal Principal Interest Principal Interest Interest Principal Made by: Servicer 0.00 0.00 0.00 0.00 Interest 0.00 0.00 0.00 0.00 0.00 Less Interest Reserve Withholding Plus Interest Reserve Deposit 0.000.00 331.51 331.51 0.00 Page 10 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 Statement Date: Cash Reconciliation Summary Park Place Mall Subordinate Companion Loan Current Scheduled Interest Interest Summary Less Deferred InterestPlus Advance InterestPlus Unscheduled Interest PPIS Reducing Scheduled InterestLess Total Fees Paid To ServicerPlus Fees Advanced for PPIS Less Fee Strips Paid by ServicerLess Misc. Fees & ExpensesLess Non Recoverable AdvancesInterest Due Trust Less Trustee FeeLess Fee Strips Paid by TrustLess Misc. Fees Paid by Trust Remittance Interest 61,916.24 0.000.000.000.00 ) (451.85 0.000.000.000.00 61,464.39 ) (23.72 0.000.00 61,440.67 Servicing Fee Summary Current Servicing FeesPlus Fees Advanced for PPISLess Reduction for PPISPlus Delinquent Servicing Fees Total Servicing Fees 0.000.00 PPIS Summary Gross PPIS Reduced by PPIEReduced by Shortfalls in Fees Reduced by Other AmountsNet PPIS PPIS Reducing Servicing FeePPIS Allocated to Certificates 0.000.000.000.00 0.000.00 Principal Summary Scheduled:Current Scheduled PrincipalAdvanced Scheduled PrincipalScheduled Principal Distribution Unscheduled:CurtailmentsPrepayments in Full Liquidation ProceedsRepurchase ProceedsOther Principal ProceedsUnscheduled Principal Distribution Remittance Principal Servicer Wire Amount 0.000.000.00 0.000.000.000.000.000.000.00 61,464.39 Pool Balance Summary Beginning PoolScheduled Principal DistributionUnscheduled Principal DistributionDeferred InterestLiquidations RepurchasesEnding Pool Balance/Amount Count 13,555,555.56 0.000.000.000.000.00 13,555,555.56 1 0 001 Advances Prior Outstanding Current Period Recovered Ending Outstanding Principal Principal Interest Principal Interest Interest Principal Made by: Servicer 0.00 0.00 0.00 0.00 Interest 0.00 0.00 0.00 0.00 0.00 Less Interest Reserve Withholding Plus Interest Reserve Deposit 0.000.00 451.85 451.85 0.00 Page 11 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 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: 722016.1 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% 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 (1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category Page 12 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 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: Loan Group 1 ABN AMRO Acct: 722016.1 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% 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 (1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category Page 13 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 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: Loan Group 2 ABN AMRO Acct: 722016.1 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% 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 (1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category Page 14 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 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 - Non Pooled Component ABN AMRO Acct: 722016.1 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% 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 (1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category Page 15 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 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: Park Place Mall Subordinate Companion Loan ABN AMRO Acct: 722016.1 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% 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 (1) Note: Modification, Specially Serviced & Bankruptcy Totals are Included in the Appropriate Delinquency Aging Category Page 16 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-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 # Balance # Amount # Balance # Balance # Amount Life Coupon Remit Statement Date: Amort ABN AMRO Acct: 722016.1 Series 2004-C14 18-Jan-05 83 102.47% 1,146,570,174 99.65% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 201 312 5.60% 5.56% 0 0 0 0 17-Dec-04 83 102.47% 1,147,328,413 99.72% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 202 313 5.59% 5.55% 0 0 0 0 18-Nov-04 83 102.47% 1,148,193,969 99.80% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 203 314 5.76% 5.72% 0 0 0 0 18-Oct-04 83 102.47% 1,148,944,337 99.86% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 204 315 5.59% 5.55% 0 0 0 0 17-Sep-04 83 102.47% 1,149,802,312 99.94% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 205 316 5.76% 5.72% 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 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-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 # Balance # Amount # Balance # Balance # Amount Life Coupon Remit Statement Date: Loan Group 1 Amort ABN AMRO Acct: 722016.1 Series 2004-C14 18-Jan-05 56 69.14% 799,267,588 69.47% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 283 322 5.65% 5.61% 0 0 0 0 17-Dec-04 56 69.14% 799,796,172 69.51% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 284 323 5.65% 5.61% 0 0 0 0 18-Nov-04 56 69.14% 800,398,526 69.57% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 285 323 5.82% 5.77% 0 0 0 0 18-Oct-04 56 69.14% 800,921,526 69.61% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 286 324 5.65% 5.61% 0 0 0 0 17-Sep-04 56 69.14% 801,518,503 69.66% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 287 325 5.82% 5.77% 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 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-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 # Balance # Amount # Balance # Balance # Amount Life Coupon Remit Statement Date: Loan Group 2 Amort ABN AMRO Acct: 722016.1 Series 2004-C14 18-Jan-05 25 30.86% 294,007,415 25.55% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 258 353 5.51% 5.47% 0 0 0 0 17-Dec-04 25 30.86% 294,195,080 25.57% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 259 354 5.51% 5.47% 0 0 0 0 18-Nov-04 25 30.86% 294,410,805 25.59% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 260 355 5.69% 5.65% 0 0 0 0 18-Oct-04 25 30.86% 294,596,577 25.60% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 261 356 5.51% 5.47% 0 0 0 0 17-Sep-04 25 30.86% 294,810,479 25.62% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 262 357 5.69% 5.65% 0 0 0 0 (1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period. Page 19 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-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 # Balance # Amount # Balance # Balance # Amount Life Coupon Remit Statement Date: Madison - Non Pooled Component Amort ABN AMRO Acct: 722016.1 Series 2004-C14 18-Jan-05 1 1.23% 39,739,616 3.45% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 60 354 5.32% 5.31% 0 0 0 0 17-Dec-04 1 1.23% 39,781,606 3.46% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 61 355 5.15% 5.14% 0 0 0 0 18-Nov-04 1 1.23% 39,829,083 3.46% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 62 356 5.32% 5.31% 0 0 0 0 18-Oct-04 1 1.23% 39,870,678 3.47% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 63 357 5.15% 5.14% 0 0 0 0 17-Sep-04 1 1.23% 39,917,775 3.47% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 64 358 5.32% 5.31% 0 0 0 0 (1) Percentage based on pool as of cutoff. (2) Percentage based on pool as of beginning of period. Page 20 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-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 # Balance # Amount # Balance # Balance # Amount Life Coupon Remit Statement Date: Park Place Mall Subordinate Companion Loan Amort ABN AMRO Acct: 722016.1 Series 2004-C14 18-Jan-05 1 1.23% 13,555,556 1.18% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 408 355 5.48% 5.44% 0 0 0 0 17-Dec-04 1 1.23% 13,555,556 1.18% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 409 356 5.30% 5.26% 0 0 0 0 18-Nov-04 1 1.23% 13,555,556 1.18% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 410 357 5.48% 5.44% 0 0 0 0 18-Oct-04 1 1.23% 13,555,556 1.18% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 411 358 5.30% 5.26% 0 0 0 0 17-Sep-04 1 1.23% 13,555,556 1.18% 0.00% 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 0 0.00% 412 359 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 21 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 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 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Page 22 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: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 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 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Page 23 of 34 Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 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: AZ 5.15000% 11-Jan-10 WBC4C14A Retail 0.00 149,023,559 819,039 1 NY 5.30430% 11-Jan-39 WBC4C14C Office 0.00 82,000,000 374,543 2 IL 5.68000% 11-Jul-14 WBC4C14A Office 0.00 71,500,000 349,714 3 CO 5.06000% 11-Aug-09 WBC4C14A Office 0.00 44,000,000 185,533 4 MD 6.24000% 11-Aug-34 WBC4C14A Office 0.00 41,476,647 306,015 5 CA 5.78000% 11-Aug-14 WBC4C14A Retail 0.00 36,824,046 216,628 6 DC 5.60000% 11-Jul-29 WBC4C14A Office 0.00 35,400,000 165,200 7 GA 5.66000% 11-Aug-14 WBC4C14B Multifamily 0.00 33,000,000 160,838 8 CO 5.70000% 11-Jul-34 WBC4C14B Multifamily 0.00 29,827,221 174,120 9 IL 5.36000% 11-May-34 WBC4C14B Multifamily 0.00 29,799,247 167,996 10 IL 5.28000% 11-May-34 WBC4C14B Multifamily 0.00 20,034,746 111,960 11 CA 5.99000% 11-Jul-24 WBC4C14A Retail 0.00 17,903,048 107,803 12 NC 5.71000% 11-Jul-34 WBC4C14B Multifamily 0.00 17,800,000 87,522 13 IL 5.28000% 11-May-34 WBC4C14B Multifamily 0.00 17,370,652 97,072 14 CA 5.91000% 11-Jul-14 WBC4C14A Multifamily 0.00 16,000,000 81,427 15 UT 6.20000% 11-Jul-34 WBC4C14A Office 0.00 16,000,000 85,422 16 NC 5.15000% 11-Aug-09 WBC4C14B Multifamily 0.00 15,000,000 66,521 17 AR 6.12000% 11-Aug-14 WBC4C14A Retail 0.00 14,934,001 91,093 18 NC 5.15000% 11-Jul-09 WBC4C14B Multifamily 0.00 14,900,000 66,077 19 CA 5.77500% 11-Jul-19 WBC4C14A Retail 0.00 14,417,910 84,848 20 IL 5.28000% 11-May-34 WBC4C14B Multifamily 0.00 14,118,612 78,899 21 IL 5.28000% 11-May-34 WBC4C14B Multifamily 0.00 14,076,970 78,666 22 FL 6.22000% 11-Jul-34 WBC4C14A Mixed use 0.00 12,933,686 79,790 23 14-Jan-2005 - 08:33 (R992-S018) (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: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 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 5.41000% 11-Jun-14 WBC4C14A Retail 0.00 12,850,000 59,863 24 NY 5.90000% 11-Aug-14 WBC4C14A Retail 0.00 11,840,000 58,213 25 GA 4.99000% 11-Aug-14 WBC4C14A Retail 0.00 11,435,016 61,664 26 CA 5.91000% 11-Jun-14 WBC4C14A Self storage 0.00 11,091,005 71,547 27 NV 5.59000% 11-Aug-34 WBC4C14A Mobile home park 0.00 10,597,156 61,072 28 GA 5.88000% 11-Jul-14 WBC4C14A Retail 0.00 10,541,425 62,737 29 CA 5.72000% 11-Aug-14 WBC4C14A Self storage 0.00 10,250,353 59,912 30 LA 6.01000% 10-Aug-25 WBC4C14A Office 0.00 9,932,280 64,491 31 TX 5.16000% 1-Jul-09 WBC4C14A Retail 0.00 9,850,000 43,767 32 CA 5.91000% 11-Jun-14 WBC4C14A Self storage 0.00 8,714,361 56,215 33 CA 5.74000% 11-Jul-34 WBC4C14B Multifamily 0.00 8,650,350 50,716 34 CA 5.68000% 11-Aug-24 WBC4C14B Multifamily 0.00 8,600,000 42,064 35 CA 5.67000% 11-Aug-14 WBC4C14B Mobile home park 0.00 8,528,227 49,578 36 TX 5.84000% 11-Aug-14 WBC4C14B Multifamily 0.00 8,500,000 42,746 37 UT 5.85000% 11-Jul-34 WBC4C14A Retail 0.00 8,452,702 50,145 38 NJ 5.79000% 11-Aug-14 WBC4C14B Multifamily 0.00 8,360,144 49,234 39 KS 5.44000% 11-Aug-31 WBC4C14A Office 0.00 7,948,694 47,159 40 OR 6.27000% 11-Aug-14 WBC4C14A Office 0.00 7,169,411 44,425 41 FL 6.54000% 11-Jun-14 WBC4C14A Office 0.00 7,079,794 45,191 42 NJ 6.65000% 11-Jul-24 WBC4C14A Office 0.00 6,957,971 46,561 43 NJ 5.93000% 11-Jul-14 WBC4C14B Multifamily 0.00 6,862,311 41,059 44 VA 5.85000% 11-Aug-14 WBC4C14A Retail 0.00 6,768,170 40,116 45 NV 5.59000% 11-Aug-34 WBC4C14B Mobile home park 0.00 6,666,756 38,421 46 14-Jan-2005 - 08:33 (R992-S018) (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: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 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: NY 6.06000% 11-Jun-14 WBC4C14A Office 0.00 6,359,594 38,618 47 CA 5.31000% 11-Apr-14 WBC4C14B Multifamily 0.00 6,100,586 34,245 48 FL 6.56000% 11-Aug-14 WBC4C14A Lodging 0.00 6,062,570 41,417 49 NC 6.13000% 11-Jul-34 WBC4C14A Office 0.00 6,000,000 31,672 50 IL 5.60000% 11-Jun-34 WBC4C14B Multifamily 0.00 5,958,020 34,445 51 OR 6.07000% 11-Aug-14 WBC4C14A Retail 0.00 5,823,961 35,337 52 NC 5.97000% 11-Jul-34 WBC4C14B Multifamily 0.00 5,800,000 29,817 53 FL 6.08000% 11-Jun-24 WBC4C14A Office 0.00 5,700,000 29,843 54 VA 6.49000% 11-Jul-24 WBC4C14A Retail 0.00 5,523,482 35,043 55 NC 5.93000% 11-Aug-14 WBC4C14A Retail 0.00 5,225,868 31,241 56 IL 5.06000% 11-Jun-34 WBC4C14B Multifamily 0.00 5,000,400 27,241 57 NV 5.05000% 11-May-19 WBC4C14A Office 0.00 4,162,385 22,675 58 CT 6.02000% 11-Jul-34 WBC4C14B Multifamily 0.00 4,097,964 24,754 59 WI 5.61000% 11-Jun-14 WBC4C14A Retail 0.00 3,856,000 18,628 60 TX 5.80000% 11-Jul-14 WBC4C14A Retail 0.00 3,679,173 21,710 61 FL 7.02000% 11-Aug-24 WBC4C14A Lodging 0.00 3,606,883 28,265 62 WI 5.61000% 11-Jun-14 WBC4C14A Retail 0.00 3,444,000 16,637 63 VA 6.26000% 11-Aug-19 WBC4C14A Office 0.00 3,425,351 21,203 64 FL 5.84000% 11-Jul-34 WBC4C14A Retail 0.00 3,182,153 18,858 65 OH 5.99000% 11-Aug-34 WBC4C14A Retail 0.00 3,135,718 18,866 66 DC 6.38000% 1-Jul-24 WBC4C14A Office 0.00 3,063,229 22,894 67 CA 8.30000% 1-Jan-12 WBC4C14A Retail 0.00 3,035,870 25,337 68 OK 6.05000% 11-Jul-14 WBC4C14A Retail 0.00 2,984,067 18,083 69 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Page 26 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: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 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: VA 6.45000% 1-Jul-14 WBC4C14A Retail 0.00 2,686,972 16,977 70 FL 5.97000% 11-Aug-34 WBC4C14A Retail 0.00 2,637,930 15,837 71 CA 6.19000% 11-Aug-24 WBC4C14A Retail 0.00 2,473,913 18,317 72 SC 5.90000% 11-Aug-14 WBC4C14B Multifamily 0.00 2,453,592 14,621 73 TX 5.61000% 11-Aug-34 WBC4C14A Retail 0.00 2,014,997 11,638 74 IL 5.06000% 11-Jun-34 WBC4C14A Multifamily 0.00 1,736,250 9,459 75 FL 5.49000% 11-Aug-22 WBC4C14A Self storage 0.00 1,677,049 12,481 76 IN 5.92000% 11-Aug-11 WBC4C14A Other 0.00 1,592,629 9,511 77 FL 5.95000% 11-Aug-14 WBC4C14B Multifamily 0.00 1,390,419 8,977 78 IL 5.06000% 11-Jun-34 WBC4C14A Multifamily 0.00 1,349,314 7,351 79 IL 5.06000% 11-Jun-34 WBC4C14B Multifamily 0.00 1,111,200 6,054 80 NM 8.70000% 1-Sep-10 WBC4C14A Retail 0.00 936,994 7,565 81 AZ 5.15000% 11-Jan-10 WBC4C14D Retail 0.00 39,739,616 218,410 82 NY 5.30430% 11-Jan-39 WBC4C14E Office 0.00 13,555,556 61,916 83 1,146,570,174 6,269,562 0 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Page 27 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: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 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 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Page 28 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: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 Specially Serviced Loan Detail (Part II) ~ Servicer Comments (End of Period) Disclosure Control # Resolution Strategy Comments Statement Date: 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Page 29 of 34 Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 Modified Loan Detail Disclosure Control # Modification Date Cutoff Maturity Date Modification Description Modified Maturity Date Statement Date: 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Page 30 of 34 Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 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 31 of 34 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 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 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Page 32 of 34 Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 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: 722016.1 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Page 33 of 34 Wachovia Commercial Mortgage Securities, Inc. Payment Date:Prior Payment:Next Payment:Record Date: 18-Jan-0518-Jan-05 17-Dec-04 17-Feb-05 31-Dec-04 Commercial Mortgage Pass-Through Certificates Series 2004-C14 ABN AMRO Acct: 722016.1 Defeased Loans Statement Date: DisclosureControl # 14-Jan-2005 - 08:33 (R992-S018) (c) 2005 LaSalle Bank N.A. Page 34 of 34

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

Reporting Package Table of Contents

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-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
Bond Interest Reconciliation
Shortfall Summary Report
Cash Reconciliation Summary

Cash Reconciliation Summary

Cash Reconciliation Summary
Asset-Backed Facts ~ 15 Month Loan Status Summary

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

Page 2-4
Page 5
Page 6
Page 7

Page 8

Page 9-11
Page 12-16

Page 17-21
Page 22

Page 23

Loan Level Detail

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

Appraisal Reduction Detail
Appraisal Reduction Detail
Historical REO Report

Page 24-27

Page 28
Page 29
Page 30

Page 31
Page 32
Page 33

Page(s)

Information is available for this issue from the following sources

Issue Id:

Monthly Data File
Name:

WBCM4C14

WBCM4C14_200502_3.ZIP

Closing Date:

First Payment Date:

Rated Final Payment: Date:

25-Aug-04
17-Sep-04

15-Aug-14

Defeased Loans

Page 34

Parties to The Transaction

Depositor: Wachovia Commercial Mortgage Securities, Inc.

Underwriter: Wachovia Securities/Goldman Sachs & Co./Greenwich Capital Markets, Inc.

Master Servicer: Wachovia Bank, National Association

Special Servicer: Allied Capital Corporation

Rating Agency: Standard & Poor's/Moody's Investors Service, Inc.

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:

5.600187%

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

200

REMIC II

Statement Date:

ABN AMRO Acct: 722016.1

930.790344750

13.280164000

0.000000000

917.510180750

2.696965000

Fixed

0.00

0.000000000

3.47700000%

0.000000000

929766TN3

A-1

40,000,000.00

531,206.56

0.00

36,700,407.23

107,878.60

37,231,613.79

1000.000000000

0.000000000

1000.000000000

3.640000000

Fixed

0.00

0.000000000

4.36800000%

0.000000000

929766TP8

A-2

226,423,000.00

0.00

226,423,000.00

824,179.72

226,423,000.00

1000.000000000

0.000000000

1000.000000000

4.104166708

Fixed

0.00

0.000000000

4.92500000%

0.000000000

929766UJ0

A-3

80,236,000.00

0.00

80,236,000.00

329,301.92

80,236,000.00

1000.000000000

0.000000000

1000.000000000

4.240000000

5.088000000%

0.00

0.000000000

5.08800000%

0.000000000

929766UK7

A-4

305,906,000.00

0.00

305,906,000.00

1,297,041.44

305,906,000.00

996.654302359

0.639162085

0.000000000

996.015140274

3.969175746

Fixed

0.00

0.000000000

4.77900000%

0.000000000

929766UL5

A-1A

294,994,000.00

188,548.98

0.00

293,818,490.29

1,170,883.03

294,007,039.27

996.576806701

0.000000000

995.920712235

0.031772157

0.044904816%

0.00

0.000000000

0.03825755%

0.000000000

929766UG6

X-C

1,097,030,349.00

0.00

1,092,555,246.52

34,855.02

1,093,275,002.06

1000.000000000

0.000000000

995.336681745

0.611476311

0.726561070%

0.00

0.000000000

0.73377158%

0.000000000

929766UH4

X-P

1,057,616,000.00

0.00

1,052,684,000.00

646,707.13

1,057,616,000.00

1000.000000000

0.000000000

1000.000000000

4.308333507

5.170000000%

0.00

0.000000000

5.17000000%

0.000000000

929766TQ6

28,797,000.00

0.00

28,797,000.00

124,067.08

28,797,000.00

1000.000000000

0.000000000

1000.000000000

4.341666424

5.210000000%

0.00

0.000000000

5.21000000%

0.000000000

929766TR4

13,712,000.00

0.00

13,712,000.00

59,532.93

13,712,000.00

1000.000000000

0.000000000

1000.000000000

4.390833614

5.269000000%

0.00

0.000000000

5.26900000%

0.000000000

929766TS2

17,826,000.00

0.00

17,826,000.00

78,271.00

17,826,000.00

1000.000000000

0.000000000

1000.000000000

4.465000000

5.358000000%

0.00

0.000000000

5.35800000%

0.000000000

929766TT0

10,970,000.00

0.00

10,970,000.00

48,981.05

10,970,000.00

1000.000000000

0.000000000

1000.000000000

4.605000405

5.526000000%

0.00

0.000000000

5.52600000%

0.000000000

929766TU7

12,341,000.00

0.00

12,341,000.00

56,830.31

12,341,000.00

1000.000000000

0.000000000

1000.000000000

4.561533101

5.474165087%

0.00

0.000000000

5.47383961%

0.000000000

929766TV5

12,341,000.00

0.00

12,341,000.00

56,293.88

12,341,000.00

1000.000000000

0.000000000

1000.000000000

4.640699417

5.569165087%

0.00

0.000000000

5.56883961%

0.000000000

929766TW3

15,084,000.00

0.00

15,084,000.00

70,000.31

15,084,000.00

1000.000000000

0.000000000

1000.000000000

4.394168490

5.273000000%

0.00

0.000000000

5.27300000%

0.000000000

929766TX1

2,742,000.00

0.00

2,742,000.00

12,048.81

2,742,000.00

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:

5.600187%

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

200

REMIC II

Statement Date:

ABN AMRO Acct: 722016.1

1000.000000000

0.000000000

1000.000000000

4.394167274

5.273000000%

0.00

0.000000000

5.27300000%

0.000000000

929766TY9

4,113,000.00

0.00

4,113,000.00

18,073.21

4,113,000.00

1000.000000000

0.000000000

1000.000000000

4.394167153

5.273000000%

0.00

0.000000000

5.27300000%

0.000000000

929766TZ6

6,856,000.00

0.00

6,856,000.00

30,126.41

6,856,000.00

1000.000000000

0.000000000

1000.000000000

4.394168490

5.273000000%

0.00

0.000000000

5.27300000%

0.000000000

929766UA9

2,742,000.00

0.00

2,742,000.00

12,048.81

2,742,000.00

1000.000000000

0.000000000

1000.000000000

4.394168490

5.273000000%

0.00

0.000000000

5.27300000%

0.000000000

929766UB7

2,742,000.00

0.00

2,742,000.00

12,048.81

2,742,000.00

1000.000000000

0.000000000

1000.000000000

4.394168490

5.273000000%

0.00

0.000000000

5.27300000%

0.000000000

929766UC5

2,742,000.00

0.00

2,742,000.00

12,048.81

2,742,000.00

1000.000000000

0.000000000

1000.000000000

4.394166703

5.273000000%

0.00

0.000000000

5.27300000%

0.000000000

929766UD3

16,463,349.00

0.00

16,463,349.00

72,342.70

16,463,349.00

1000.000000000

0.000000000

1000.000000000

4.532508628

4.908580000%

0.00

0.000000000

5.43901000%

0.000000000

929766UE1

MAD

13,555,555.00

0.00

13,555,555.00

61,440.67

13,555,555.00

994.510300038

1.055490708

0.000000000

993.454809330

4.402089313

4.796666667%

0.00

0.000000000

5.31166667%

0.000000000

929766UF8

39,958,978.00

42,176.33

0.00

39,697,438.87

175,902.99

39,739,615.20

0.000000000

0.000000009

0.00

0.01

0.000000009

N/A

0.000000000

9ABSS018

R-II

0.00

0.01

0.00

0.000000000

0.00

0.000000000

N/A

0.000000000

0.00

Total P&I Payment

0.00

0.01

1,150,544,882.00

1,146,570,172.26

6,072,836.52

Total

1,145,808,240.39

761,931.87

0.00

5,310,904.65

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:

5.600187%

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Wachovia Commercial Mortgage Securities, Inc.

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

Face Value (1)

Balance

Payment

Adj. or Loss

Amortization

Balance

Payment (2)

Adjustment

Rate

200

Grantor Trust

Statement Date:

ABN AMRO Acct: 722016.1

0.000000000

0.00

0.000000000

N/A

0.000000000

9ABSS016

0.00

Total P&I Payment

0.00

Total

0.00

Page 4 of 34

Wachovia Commercial Mortgage Securities, Inc.

Class

Accrued

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1
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

R-I

0.00

0.01

0.00

0.000000000%

0.00

A-1

107,878.60

0.00

13.63%

13.68%

30/360

3.477000000%

0.00

A-2

824,179.72

0.00

13.63%

13.68%

30/360

4.368000000%

0.00

A-3

329,301.92

0.00

13.63%

13.68%

30/360

4.925000000%

0.00

A-4

1,297,041.44

0.00

13.63%

13.68%

30/360

5.088000000%

0.00

A-1A

1,170,883.03

0.00

13.63%

13.68%

30/360

4.779000000%

0.00

X-C

34,855.02

0.00

30/360

0.038257550%

0.00

X-P

646,707.13

0.00

30/360

0.733771577%

0.00

124,067.08

0.00

11.00%

11.05%

30/360

5.170000000%

0.00

59,532.93

0.00

9.75%

9.79%

30/360

5.210000000%

0.00

78,271.00

0.00

8.13%

8.16%

30/360

5.269000000%

0.00

48,981.05

0.00

7.13%

7.15%

30/360

5.358000000%

0.00

56,830.31

0.00

6.00%

6.02%

30/360

5.526000000%

0.00

56,293.88

0.00

4.88%

4.90%

30/360

5.473839613%

0.00

70,000.31

0.00

3.50%

3.51%

30/360

5.568839613%

0.00

12,048.81

0.00

3.25%

3.26%

30/360

5.273000000%

0.00

18,073.21

0.00

2.88%

2.89%

30/360

5.273000000%

0.00

30,126.41

0.00

2.25%

2.26%

30/360

5.273000000%

0.00

12,048.81

0.00

2.00%

2.01%

30/360

5.273000000%

0.00

12,048.81

0.00

1.75%

1.76%

30/360

5.273000000%

0.00

12,048.81

0.00

1.50%

1.51%

30/360

5.273000000%

0.00

72,342.70

0.00

0.00%

30/360

5.273000000%

0.00

MAD

61,440.67

0.00

30/360

5.439010000%

0.00

175,902.99

0.00

30/360

5.311666667%

0.00

R-II

0.00

0.01

0.00

0.000000000%

0.00

0.000000000%

0.00

5,310,904.64

5,310,904.66

0.00

(2) Accrued - Deductions + Additions Interest

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

Page 5 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-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

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 6 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

Statement Date:

Cash Reconciliation Summary

Current Scheduled Interest

Interest Summary

Less Deferred Interest
Plus Advance Interest
Plus Unscheduled Interest

PPIS Reducing Scheduled Interest
Less Total Fees Paid To Servicer
Plus Fees Advanced for PPIS

Less Fee Strips Paid by Servicer
Less Misc. Fees & Expenses
Less Non Recoverable Advances
Interest Due Trust

Less Trustee Fee
Less Fee Strips Paid by Trust
Less Misc. Fees Paid by Trust

Remittance Interest

5,507,630.45

0.00
0.00
0.00
0.00

)

(37,997.49

0.00
0.00
0.00
0.00

5,469,632.97

)

(1,936.95

0.00
0.00

5,310,904.61

Servicing Fee Summary

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

Total Servicing Fees

0.00
0.00

PPIS Summary

Gross PPIS

Reduced by PPIE
Reduced by Shortfalls in Fees

Reduced by Other Amounts
Net PPIS

PPIS Reducing Servicing Fee
PPIS Allocated to Certificates

0.00
0.00
0.00
0.00

0.00
0.00

Principal Summary

Scheduled:
Current Scheduled Principal
Advanced Scheduled Principal
Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full

Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds
Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

761,931.92

0.00

761,931.92

)

(0.05

0.00
0.00
0.00
0.00

)

(0.05

761,931.87

6,231,564.84

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution
Unscheduled Principal Distribution
Deferred Interest
Liquidations

Repurchases
Ending Pool

Balance/Amount

Count

1,146,570,173.73

761,931.92

)

(0.05

0.00
0.00
0.00

1,145,808,241.86

0
0

Advances

Prior Outstanding

Current Period

Recovered

Ending Outstanding

Principal

Interest

Principal

Interest

Principal

Made by: Servicer

0.00

Interest

0.00

Less Interest Reserve Withholding

Plus Interest Reserve Deposit

)

(156,791.40

0.00

37,997.49

0.00

Page 7 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

Statement Date:

Cash Reconciliation Summary Loan Group 1

Current Scheduled Interest

Interest Summary

Less Deferred Interest
Plus Advance Interest
Plus Unscheduled Interest

PPIS Reducing Scheduled Interest
Less Total Fees Paid To Servicer
Plus Fees Advanced for PPIS

Less Fee Strips Paid by Servicer
Less Misc. Fees & Expenses
Less Non Recoverable Advances
Interest Due Trust

Less Trustee Fee
Less Fee Strips Paid by Trust
Less Misc. Fees Paid by Trust

Remittance Interest

3,874,388.87

0.00

)

(27,056.10

0.00
0.00
0.00

)

(1,398.72

0.00
0.00

3,734,145.59

Servicing Fee Summary

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

Total Servicing Fees

0.00

PPIS Summary

Gross PPIS

Reduced by PPIE
Reduced by Shortfalls in Fees

Reduced by Other Amounts
Net PPIS

PPIS Reducing Servicing Fee
PPIS Allocated to Certificates

0.00

0.00
0.00

Principal Summary

Scheduled:
Current Scheduled Principal
Advanced Scheduled Principal
Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full

Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds
Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

531,206.61

)

(0.05

0.00

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution
Unscheduled Principal Distribution
Deferred Interest
Liquidations

Repurchases
Ending Pool

Balance/Amount

Count

)

(0.05

Advances

Prior Outstanding

Current Period

Recovered

Ending Outstanding

Principal

Interest

Principal

Interest

Principal

Made by: Servicer

Interest

Less Interest Reserve Withholding

Plus Interest Reserve Deposit

)

(111,788.46

27,056.10

0.00
0.00

0.00

3,847,332.77

0.00

0.00
0.00

0.00

531,206.61

0.00
0.00
0.00

-0.05

531,206.56

4,378,539.33

799,267,587.55

531,206.61

0.00
0.00

0.00

798,736,380.99

0.00

Page 8 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

Statement Date:

Cash Reconciliation Summary Loan Group 2

Current Scheduled Interest

Interest Summary

Less Deferred Interest
Plus Advance Interest
Plus Unscheduled Interest

PPIS Reducing Scheduled Interest
Less Total Fees Paid To Servicer
Plus Fees Advanced for PPIS

Less Fee Strips Paid by Servicer
Less Misc. Fees & Expenses
Less Non Recoverable Advances
Interest Due Trust

Less Trustee Fee
Less Fee Strips Paid by Trust
Less Misc. Fees Paid by Trust

Remittance Interest

1,395,091.19

0.00
0.00
0.00
0.00

)

(10,158.37

0.00
0.00
0.00
0.00

1,384,932.81

)

(514.51

0.00
0.00

1,339,415.36

Servicing Fee Summary

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

Total Servicing Fees

0.00
0.00

PPIS Summary

Gross PPIS

Reduced by PPIE
Reduced by Shortfalls in Fees

Reduced by Other Amounts
Net PPIS

PPIS Reducing Servicing Fee
PPIS Allocated to Certificates

0.00
0.00
0.00
0.00

0.00
0.00

Principal Summary

Scheduled:
Current Scheduled Principal
Advanced Scheduled Principal
Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full

Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds
Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

188,548.98

0.00

188,548.98

0.00
0.00
0.00
0.00
0.00
0.00

188,548.98

1,573,481.79

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution
Unscheduled Principal Distribution
Deferred Interest
Liquidations

Repurchases
Ending Pool

Balance/Amount

Count

294,007,415.02

188,548.98

0.00
0.00
0.00
0.00

293,818,866.04

0
0

Advances

Prior Outstanding

Current Period

Recovered

Ending Outstanding

Principal

Interest

Principal

Interest

Principal

Made by: Servicer

0.00

Interest

0.00

Less Interest Reserve Withholding

Plus Interest Reserve Deposit

)

(45,002.94

0.00

10,158.37

0.00

Page 9 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

Statement Date:

Cash Reconciliation Summary Madison - Non Pooled Component

Current Scheduled Interest

Interest Summary

Less Deferred Interest
Plus Advance Interest
Plus Unscheduled Interest

PPIS Reducing Scheduled Interest
Less Total Fees Paid To Servicer
Plus Fees Advanced for PPIS

Less Fee Strips Paid by Servicer
Less Misc. Fees & Expenses
Less Non Recoverable Advances
Interest Due Trust

Less Trustee Fee
Less Fee Strips Paid by Trust
Less Misc. Fees Paid by Trust

Remittance Interest

176,234.16

0.00
0.00
0.00
0.00

)

(331.16

0.00
0.00
0.00
0.00

175,902.99

0.00
0.00
0.00

175,902.99

Servicing Fee Summary

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

Total Servicing Fees

0.00
0.00

PPIS Summary

Gross PPIS

Reduced by PPIE
Reduced by Shortfalls in Fees

Reduced by Other Amounts
Net PPIS

PPIS Reducing Servicing Fee
PPIS Allocated to Certificates

0.00
0.00
0.00
0.00

0.00
0.00

Principal Summary

Scheduled:
Current Scheduled Principal
Advanced Scheduled Principal
Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full

Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds
Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

42,176.33

0.00

42,176.33

0.00
0.00
0.00
0.00
0.00
0.00

42,176.33

218,079.32

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution
Unscheduled Principal Distribution
Deferred Interest
Liquidations

Repurchases
Ending Pool

Balance/Amount

Count

39,739,615.60

42,176.33

0.00
0.00
0.00
0.00

39,697,439.27

0
0
1

Advances

Prior Outstanding

Current Period

Recovered

Ending Outstanding

Principal

Interest

Principal

Interest

Principal

Made by: Servicer

0.00

Interest

0.00

Less Interest Reserve Withholding

Plus Interest Reserve Deposit

0.00
0.00

331.16

0.00

Page 10 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

Statement Date:

Cash Reconciliation Summary Park Place Mall Subordinate Companion Loan

Current Scheduled Interest

Interest Summary

Less Deferred Interest
Plus Advance Interest
Plus Unscheduled Interest

PPIS Reducing Scheduled Interest
Less Total Fees Paid To Servicer
Plus Fees Advanced for PPIS

Less Fee Strips Paid by Servicer
Less Misc. Fees & Expenses
Less Non Recoverable Advances
Interest Due Trust

Less Trustee Fee
Less Fee Strips Paid by Trust
Less Misc. Fees Paid by Trust

Remittance Interest

61,916.24

0.00
0.00
0.00
0.00

)

(451.85

0.00
0.00
0.00
0.00

61,464.39

)

(23.72

0.00
0.00

61,440.67

Servicing Fee Summary

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

Total Servicing Fees

0.00
0.00

PPIS Summary

Gross PPIS

Reduced by PPIE
Reduced by Shortfalls in Fees

Reduced by Other Amounts
Net PPIS

PPIS Reducing Servicing Fee
PPIS Allocated to Certificates

0.00
0.00
0.00
0.00

0.00
0.00

Principal Summary

Scheduled:
Current Scheduled Principal
Advanced Scheduled Principal
Scheduled Principal Distribution

Unscheduled:
Curtailments
Prepayments in Full

Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds
Unscheduled Principal Distribution

Remittance Principal

Servicer Wire Amount

0.00
0.00
0.00

0.00
0.00
0.00
0.00
0.00
0.00
0.00

61,464.39

Pool Balance Summary

Beginning Pool
Scheduled Principal Distribution
Unscheduled Principal Distribution
Deferred Interest
Liquidations

Repurchases
Ending Pool

Balance/Amount

Count

13,555,555.56

0.00
0.00
0.00
0.00
0.00

13,555,555.56

0
0
1

Advances

Prior Outstanding

Current Period

Recovered

Ending Outstanding

Principal

Interest

Principal

Interest

Principal

Made by: Servicer

0.00

Interest

0.00

Less Interest Reserve Withholding

Plus Interest Reserve Deposit

0.00
0.00

451.85

0.00

Page 11 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

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: 722016.1

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

(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:

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

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:

Loan Group 1

ABN AMRO Acct: 722016.1

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

(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:

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

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:

Loan Group 2

ABN AMRO Acct: 722016.1

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

(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:

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

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 - Non Pooled Component

ABN AMRO Acct: 722016.1

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

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

Page 15 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

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:

Park Place Mall Subordinate Companion Loan

ABN AMRO Acct: 722016.1

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

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

Page 16 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-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

# Amount

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Amort

ABN AMRO Acct: 722016.1

Series 2004-C14

17-Feb-05

102.47%

1,145,808,242

99.59%

0.00%

200

312

5.60%

5.56%

18-Jan-05

102.47%

1,146,570,174

99.65%

0.00%

201

312

5.60%

5.56%

17-Dec-04

102.47%

1,147,328,413

99.72%

0.00%

202

313

5.59%

5.55%

18-Nov-04

102.47%

1,148,193,969

99.80%

0.00%

203

314

5.76%

5.72%

18-Oct-04

102.47%

1,148,944,337

99.86%

0.00%

204

315

5.59%

5.55%

17-Sep-04

102.47%

1,149,802,312

99.94%

0.00%

205

316

5.76%

5.72%

(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:

17-Feb-05
17-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

# Amount

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Loan Group 1

Amort

ABN AMRO Acct: 722016.1

Series 2004-C14

17-Feb-05

69.14%

798,736,381

69.42%

0.00%

282

321

5.65%

5.61%

18-Jan-05

69.14%

799,267,588

69.47%

0.00%

283

322

5.65%

5.61%

17-Dec-04

69.14%

799,796,172

69.51%

0.00%

284

323

5.65%

5.61%

18-Nov-04

69.14%

800,398,526

69.57%

0.00%

285

323

5.82%

5.77%

18-Oct-04

69.14%

800,921,526

69.61%

0.00%

286

324

5.65%

5.61%

17-Sep-04

69.14%

801,518,503

69.66%

0.00%

287

325

5.82%

5.77%

(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:

17-Feb-05
17-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

# Amount

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Loan Group 2

Amort

ABN AMRO Acct: 722016.1

Series 2004-C14

17-Feb-05

30.86%

293,818,866

25.54%

0.00%

257

352

5.51%

5.47%

18-Jan-05

30.86%

294,007,415

25.55%

0.00%

258

353

5.51%

5.47%

17-Dec-04

30.86%

294,195,080

25.57%

0.00%

259

354

5.51%

5.47%

18-Nov-04

30.86%

294,410,805

25.59%

0.00%

260

355

5.69%

5.65%

18-Oct-04

30.86%

294,596,577

25.60%

0.00%

261

356

5.51%

5.47%

17-Sep-04

30.86%

294,810,479

25.62%

0.00%

262

357

5.69%

5.65%

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

Page 19 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-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

# Amount

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Madison - Non Pooled Component

Amort

ABN AMRO Acct: 722016.1

Series 2004-C14

17-Feb-05

1.23%

39,697,439

3.45%

0.00%

353

5.32%

5.31%

18-Jan-05

1.23%

39,739,616

3.45%

0.00%

354

5.32%

5.31%

17-Dec-04

1.23%

39,781,606

3.46%

0.00%

355

5.15%

5.14%

18-Nov-04

1.23%

39,829,083

3.46%

0.00%

356

5.32%

5.31%

18-Oct-04

1.23%

39,870,678

3.47%

0.00%

357

5.15%

5.14%

17-Sep-04

1.23%

39,917,775

3.47%

0.00%

358

5.32%

5.31%

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

Page 20 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-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

# Amount

# Balance

# Amount

Life

Coupon Remit

Statement Date:

Park Place Mall Subordinate Companion Loan

Amort

ABN AMRO Acct: 722016.1

Series 2004-C14

17-Feb-05

1.23%

13,555,556

1.18%

0.00%

407

354

5.48%

5.44%

18-Jan-05

1.23%

13,555,556

1.18%

0.00%

408

355

5.48%

5.44%

17-Dec-04

1.23%

13,555,556

1.18%

0.00%

409

356

5.30%

5.26%

18-Nov-04

1.23%

13,555,556

1.18%

0.00%

410

357

5.48%

5.44%

18-Oct-04

1.23%

13,555,556

1.18%

0.00%

411

358

5.30%

5.26%

17-Sep-04

1.23%

13,555,556

1.18%

0.00%

412

359

5.48%

5.44%

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

Page 21 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

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 22 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-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

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 23 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

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:

5.15000%

11-Jan-10

WBC4C14A

Retail

0.00

148,865,397

819,039

5.30430%

11-Jan-39

WBC4C14C

Office

0.00

82,000,000

374,543

5.68000%

11-Jul-14

WBC4C14A

Office

0.00

71,500,000

349,714

5.06000%

11-Aug-09

WBC4C14A

Office

0.00

44,000,000

185,533

6.24000%

11-Aug-34

WBC4C14A

Office

0.00

41,393,500

306,015

5.78000%

11-Aug-14

WBC4C14A

Retail

0.00

36,790,700

216,628

5.60000%

11-Jul-29

WBC4C14A

Office

0.00

35,400,000

165,200

5.66000%

11-Aug-14

WBC4C14B

Multifamily

0.00

33,000,000

160,838

5.70000%

11-Jul-34

WBC4C14B

Multifamily

0.00

29,799,503

174,120

5.36000%

11-May-34

WBC4C14B

Multifamily

0.00

29,768,791

167,996

5.28000%

11-May-34

WBC4C14B

Multifamily

0.00

20,013,878

111,960

5.99000%

11-Jul-24

WBC4C14A

Retail

0.00

17,887,589

107,803

5.71000%

11-Jul-34

WBC4C14B

Multifamily

0.00

17,800,000

87,522

5.28000%

11-May-34

WBC4C14B

Multifamily

0.00

17,352,558

97,072

5.91000%

11-Jul-14

WBC4C14A

Multifamily

0.00

16,000,000

81,427

6.20000%

11-Jul-34

WBC4C14A

Office

0.00

16,000,000

85,422

5.15000%

11-Aug-09

WBC4C14B

Multifamily

0.00

15,000,000

66,521

6.12000%

11-Aug-14

WBC4C14A

Retail

0.00

14,921,610

91,093

5.15000%

11-Jul-09

WBC4C14B

Multifamily

0.00

14,900,000

66,077

5.77500%

11-Jul-19

WBC4C14A

Retail

0.00

14,404,761

84,848

5.28000%

11-May-34

WBC4C14B

Multifamily

0.00

14,103,906

78,899

5.28000%

11-May-34

WBC4C14B

Multifamily

0.00

14,062,307

78,666

6.22000%

11-Jul-34

WBC4C14A

Mixed use

0.00

12,923,171

79,790

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 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:

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

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:

5.41000%

11-Jun-14

WBC4C14A

Retail

0.00

12,850,000

59,863

5.90000%

11-Aug-14

WBC4C14A

Retail

0.00

11,840,000

58,213

4.99000%

11-Aug-14

WBC4C14A

Retail

0.00

11,422,488

61,664

5.91000%

11-Jun-14

WBC4C14A

Self storage

0.00

11,075,902

71,547

5.59000%

11-Aug-34

WBC4C14A

Mobile home park

0.00

10,587,094

61,072

5.88000%

11-Jul-14

WBC4C14A

Retail

0.00

10,532,063

62,737

5.72000%

11-Aug-14

WBC4C14A

Self storage

0.00

10,240,930

59,912

6.01000%

10-Aug-25

WBC4C14A

Office

0.00

9,919,191

64,491

5.16000%

1-Jul-09

WBC4C14A

Retail

0.00

9,850,000

43,767

5.91000%

11-Jun-14

WBC4C14A

Self storage

0.00

8,702,494

56,215

5.74000%

11-Jul-34

WBC4C14B

Multifamily

0.00

8,642,391

50,716

5.68000%

11-Aug-24

WBC4C14B

Multifamily

0.00

8,600,000

42,064

5.67000%

11-Aug-14

WBC4C14B

Mobile home park

0.00

8,520,289

49,578

5.84000%

11-Aug-14

WBC4C14B

Multifamily

0.00

8,500,000

42,746

5.85000%

11-Jul-34

WBC4C14A

Retail

0.00

8,445,138

50,145

5.79000%

11-Aug-14

WBC4C14B

Multifamily

0.00

8,352,592

49,234

5.44000%

11-Aug-31

WBC4C14A

Office

0.00

7,938,770

47,159

6.27000%

11-Aug-14

WBC4C14A

Office

0.00

7,163,694

44,425

6.54000%

11-Jun-14

WBC4C14A

Office

0.00

7,074,474

45,191

6.65000%

11-Jul-24

WBC4C14A

Office

0.00

6,951,254

46,561

5.93000%

11-Jul-14

WBC4C14B

Multifamily

0.00

6,856,294

41,059

5.85000%

11-Aug-14

WBC4C14A

Retail

0.00

6,762,149

40,116

5.59000%

11-Aug-34

WBC4C14B

Mobile home park

0.00

6,660,426

38,421

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:

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

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:

6.06000%

11-Jun-14

WBC4C14A

Office

0.00

6,354,162

38,618

5.31000%

11-Apr-14

WBC4C14B

Multifamily

0.00

6,094,236

34,245

6.56000%

11-Aug-14

WBC4C14A

Lodging

0.00

6,055,400

41,417

6.13000%

11-Jul-34

WBC4C14A

Office

0.00

6,000,000

31,672

5.60000%

11-Jun-34

WBC4C14B

Multifamily

0.00

5,952,306

34,445

6.07000%

11-Aug-14

WBC4C14A

Retail

0.00

5,819,065

35,337

5.97000%

11-Jul-34

WBC4C14B

Multifamily

0.00

5,800,000

29,817

6.08000%

11-Jun-24

WBC4C14A

Office

0.00

5,700,000

29,843

6.49000%

11-Jul-24

WBC4C14A

Retail

0.00

5,519,307

35,043

5.93000%

11-Aug-14

WBC4C14A

Retail

0.00

5,221,313

31,241

5.06000%

11-Jun-34

WBC4C14B

Multifamily

0.00

4,994,947

27,241

5.05000%

11-May-19

WBC4C14A

Office

0.00

4,157,811

22,675

6.02000%

11-Jul-34

WBC4C14B

Multifamily

0.00

4,094,453

24,754

5.61000%

11-Jun-14

WBC4C14A

Retail

0.00

3,856,000

18,628

5.80000%

11-Jul-14

WBC4C14A

Retail

0.00

3,675,839

21,710

7.02000%

11-Aug-24

WBC4C14A

Lodging

0.00

3,600,422

28,265

5.61000%

11-Jun-14

WBC4C14A

Retail

0.00

3,444,000

16,637

6.26000%

11-Aug-19

WBC4C14A

Office

0.00

3,422,612

21,203

5.84000%

11-Jul-34

WBC4C14A

Retail

0.00

3,179,298

18,858

5.99000%

11-Aug-34

WBC4C14A

Retail

0.00

3,133,027

18,866

6.38000%

1-Jul-24

WBC4C14A

Office

0.00

3,057,164

22,894

8.30000%

1-Jan-12

WBC4C14A

Retail

0.00

3,032,230

25,337

6.05000%

11-Jul-14

WBC4C14A

Retail

0.00

2,981,530

18,083

Page 26 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:

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

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:

6.45000%

1-Jul-14

WBC4C14A

Retail

0.00

2,684,919

16,977

5.97000%

11-Aug-34

WBC4C14A

Retail

0.00

2,635,654

15,837

6.19000%

11-Aug-24

WBC4C14A

Retail

0.00

2,468,783

18,317

5.90000%

11-Aug-14

WBC4C14B

Multifamily

0.00

2,451,437

14,621

5.61000%

11-Aug-34

WBC4C14A

Retail

0.00

2,013,093

11,638

5.06000%

11-Jun-34

WBC4C14A

Multifamily

0.00

1,734,356

9,459

5.49000%

11-Aug-22

WBC4C14A

Self storage

0.00

1,672,496

12,481

5.92000%

11-Aug-11

WBC4C14A

Other

0.00

1,591,237

9,511

5.95000%

11-Aug-14

WBC4C14B

Multifamily

0.00

1,388,565

8,977

5.06000%

11-Jun-34

WBC4C14A

Multifamily

0.00

1,347,843

7,351

5.06000%

11-Jun-34

WBC4C14B

Multifamily

0.00

1,109,988

6,054

8.70000%

1-Sep-10

WBC4C14A

Retail

0.00

936,449

7,565

5.15000%

11-Jan-10

WBC4C14D

Retail

0.00

39,697,439

218,410

5.30430%

11-Jan-39

WBC4C14E

Office

0.00

13,555,556

61,916

1,145,808,242

6,269,562

Page 27 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:

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

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 28 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-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

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

Disclosure

Control #

Resolution

Strategy

Comments

Statement Date:

Page 29 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

Modified Loan Detail

Disclosure

Control #

Modification

Date

Cutoff

Maturity

Date

Modification

Description

Modified

Maturity

Date

Statement Date:

Page 30 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

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 31 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

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 32 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

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: 722016.1

Page 33 of 34

Wachovia Commercial Mortgage Securities, Inc.

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

17-Feb-05
17-Feb-05

18-Jan-05

17-Mar-05

31-Jan-05

Commercial Mortgage Pass-Through Certificates

Series 2004-C14

ABN AMRO Acct: 722016.1

Defeased Loans

Statement Date:

Disclosure
Control #

Page 34 of 34

Filing Compare · Wachovia Bank Commercial Mortgage Trust Series 2004-C14