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

FORM 8-K

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

Date of Report (Date of earliest event reported) February 17, 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 February 17, 2005.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

99.1 Monthly distribution report pursuant to section 4.02 of the Pooling and Servicing Agreement for the distribution on February 17, 2005.

(Exhibit No. Description)

SIGNATURES

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

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

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

Date: February 23, 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:

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

Wachovia Bank Commercial Mortgage Trust Series 2004-C14 8-K