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Wachovia Bank Commercial Mortgage Trust Series 2007-C34, et al. – ‘424B5’ on 11/9/07

On:  Friday, 11/9/07, at 11:14am ET   ·   Accession #:  950136-7-7612   ·   File #s:  333-131262, -11

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

11/09/07  Wachovia Bank Com’l Mtg… 2007-C34 424B5                  1:8.8M                                   Capital Systems 01/FA
          Wachovia Commercial Mortgage Securities Inc

Document/Exhibit                   Description                      Pages   Size 

 1: 424B5       Prospectus                                          HTML   5.96M 

Prospectus Supplement
Filed Pursuant To Rule 424(b)(5)
Registration Statement No.: 333-131262

PROSPECTUS SUPPLEMENT
(To accompany prospectus dated October 19, 2006)

$1,348,135,000 (Approximate)
(Offered Certificates)

Wachovia Bank Commercial Mortgage Trust

Commercial Mortgage Pass-Through Certificates
Series 2007-C34
(Issuing Entity)

Wachovia Commercial Mortgage Securities, Inc.
(Depositor)

Wachovia Bank, National Association
Barclays Capital Real Estate Inc.
(Sponsors)

You should carefully consider the risk factors beginning on page S-46 of this prospectus supplement and on page 14 of the accompanying prospectus.      Neither the offered certificates nor the underlying mortgage loans are insured or guaranteed by any government agency or instrumentality.      The offered certificates will represent interests in the issuing entity only. They will not represent obligations of the sponsors, the depositor, any of their respective affiliates or any other party. The offered certificates will not be listed on any national securities exchange or any automated quotation system of any registered securities association.      This prospectus supplement may be used to offer and sell the offered certificates only if it is accompanied by the prospectus dated October 19, 2006.		The trust fund:
		•	As of November 1, 2007, the mortgage loans included in the trust fund will have an aggregate principal balance of approximately $1,479,435,064.
		•	The trust fund will consist of a pool of 109 fixed rate mortgage loans.
		•	The mortgage loans are secured by first liens on commercial and multifamily properties.
		•	All of the mortgage loans were originated or acquired by Wachovia Bank, National Association and Barclays Capital Real Estate Inc.
		The certificates:
		•	The trust fund will issue 27 classes of certificates.
		•	Only the 13 classes of offered certificates described in the following table are being offered by this prospectus supplement and the accompanying prospectus. Distributions on the certificates will occur on a monthly basis, commencing in December 2007.
		•	The only credit support for any class of offered certificates will consist of the subordination of the classes of certificates, if any, having a lower payment priority.

Class			Original Certificate Balance or Notional Amount(1)						Percentage of Cut-Off Date Pool Balance						Pass-Through Rate						Assumed Final Distribution Dates(2)			CUSIP No.			Expected Moody’s/S&P Rating(3)
Class A-1				$	18,111,000						1.224	%					5.074	%			March 15, 2012			92979FAA8			Aaa/AAA
Class A-2				$	178,441,000						12.061	%					5.569	%			August 15, 2012			92979FAB6			Aaa/AAA
Class A-PB				$	48,817,000						3.300	%					5.617	%			January 15, 2017			92979FAD2			Aaa/AAA
Class A-3				$	474,091,000						32.045	%					5.678	%			July 15, 2017			92979FAC4			Aaa/AAA
Class A-1A				$	316,144,000						21.369	%					5.608	%(4)			August 15, 2017			92979FAE0			Aaa/AAA
Class IO(5)				$	1,479,435,064						N/A						0.357	%			N/A			92979FAF7			Aaa/AAA
Class A-M				$	147,944,000						10.000	%					5.818	%(4)			September 15, 2017			92979FAG5			Aaa/AAA
Class A-J(6)				$	88,766,000						6.000	%					5.952	%(7)			September 15, 2017			92979FAH3			Aaa/AAA
Class B				$	18,493,000						1.250	%					6.027	%(8)			September 15, 2017			92979FAJ9			Aa1/AA+
Class C				$	16,643,000						1.125	%					6.027	%(8)			September 15, 2017			92979FAK6			Aa2/AA
Class D				$	16,644,000						1.125	%					6.027	%(8)			September 15, 2017			92979FAL4			Aa3/AA−
Class E				$	11,096,000						0.750	%					6.027	%(8)			September 15, 2017			92979FAM2			A1/A+
Class F				$	12,945,000						0.875	%					6.027	%(8)			September 15, 2017			92979FAN0			A2/A

(Footnotes explaining the table are on page S-3)

Neither the SEC nor any state securities commission has approved or disapproved the offered certificates or has determined that this prospectus supplement or the accompanying prospectus is accurate or complete. Any representation to the contrary is unlawful.

Wachovia Capital Markets, LLC and Barclays Capital Inc. are acting as co-lead managers for this offering. Wachovia Capital Markets, LLC is acting as sole bookrunner for this offering. Lehman Brothers Inc. is acting as co-manager for this offering. Wachovia Capital Markets, LLC, Barclays Capital Inc. and Lehman Brothers Inc. are required to purchase the offered certificates from us, subject to certain conditions. The underwriters will offer the offered certificates to the public from time to time in negotiated transactions or otherwise at varying prices to be determined at the time of sale. It is intended that Wachovia Securities International Limited will act as a member of the selling group on behalf of Wachovia Capital Markets, LLC and may sell offered certificates on behalf of Wachovia Capital Markets, LLC in certain jurisdictions. We expect to receive from this offering approximately 102.86% of the initial certificate balance of the offered certificates, plus accrued interest from November 1, 2007, before deducting expenses.

We expect that delivery of the offered certificates will be made in book-entry form on or about November 13, 2007.

Lehman Brothers

November 1, 2007

IMPORTANT NOTICE ABOUT INFORMATION PRESENTED IN THIS
PROSPECTUS SUPPLEMENT AND THE ACCOMPANYING PROSPECTUS

We provide information to you about the offered certificates in two separate documents that progressively provide more detail: (a) the accompanying prospectus, which provides general information, some of which may not apply to the offered certificates and (b) this prospectus supplement, which describes the specific terms of the offered certificates. You should read both this prospectus supplement and the prospectus before investing in any of the offered certificates.

You should rely only on the information contained in this prospectus supplement and the accompanying prospectus. We have not authorized anyone to provide you with information that is different. The information in this document may only be accurate as of the date of this document. If the descriptions of the offered certificates vary between the accompanying prospectus and this prospectus supplement, you should rely on the information in this prospectus supplement.

This prospectus supplement begins with several introductory sections describing the offered certificates and the trust fund in abbreviated form:

	•	SUMMARY OF PROSPECTUS SUPPLEMENT, commencing on page S-6 of this prospectus supplement, which gives a brief introduction of the key features of the offered certificates and a description of the mortgage loans included in the trust fund; and

	•	RISK FACTORS, commencing on page S-46 of this prospectus supplement, which describes risks that apply to the offered certificates which are in addition to those described in the accompanying prospectus.

This prospectus supplement and the accompanying prospectus include cross references to sections in these materials where you can find further related discussions. The Table of Contents in this prospectus supplement and the accompanying prospectus identify the pages where these sections are located.

You can find a listing of the pages where capitalized terms used in this prospectus supplement are defined under the caption ‘‘INDEX OF DEFINED TERMS’’ beginning on page S-198 in this prospectus supplement.

In this prospectus supplement, the terms ‘‘depositor,’’ ‘‘we,’’ ‘‘us’’ and ‘‘our’’ refer to Wachovia Commercial Mortgage Securities, Inc.

We do not intend this prospectus supplement and the accompanying prospectus to be an offer or solicitation:

	•	if used in a jurisdiction in which such offer or solicitation is not authorized;

	•	if the person making such offer or solicitation is not qualified to do so; or

	•	if such offer or solicitation is made to anyone to whom it is unlawful to make such offer or solicitation.

This prospectus supplement and the accompanying prospectus may be used by us, Wachovia Capital Markets, LLC, our affiliate, and any other of our affiliates when required under the federal securities laws in connection with offers and sales of offered certificates in furtherance of market-making activities in offered certificates. Wachovia Capital Markets, LLC or any such other affiliate may act as principal or agent in these transactions. Sales will be made at prices related to prevailing market prices at the time of sale or otherwise.

S-1

EUROPEAN ECONOMIC AREA

In relation to each Member State of the European Economic Area which has implemented the Prospectus Directive (as defined below) (each, a ‘‘Relevant Member State’’), each underwriter has represented and agreed that with effect from and including the date on which the Prospectus Directive is implemented in that Relevant Member State (the ‘‘Relevant Implementation Date’’) it has not made and will not make an offer of certificates to the public in that Relevant Member State prior to the publication of a prospectus in relation to the certificates which has been approved by the competent authority in that Relevant Member State or, where appropriate, approved in another Relevant Member State and notified to the competent authority in that Relevant Member State, all in accordance with the Prospectus Directive, except that it may, with effect from and including the Relevant Implementation Date, make an offer of certificates to the public in that Relevant Member State at any time:

(a)    to legal entities which are authorized or regulated to operate in the financial markets or, if not so authorized or regulated, whose corporate purpose is solely to invest in securities;

(b)    to any legal entity which has two or more of (1) an average of at least 250 employees during the last financial year; (2) a total balance sheet of more than €43,000,000; and (3) an annual net turnover of more than €50,000,000, as shown in its last annual or consolidated accounts; or

(c)    in any other circumstances which do not require the publication by the issuer of a prospectus pursuant to Article 3 of the Prospectus Directive.

For the purposes of this provision, the expression an ‘‘offer of certificates to the public’’ in relation to any certificates in any Relevant Member State means the communication in any form and by any means of sufficient information on the terms of the offer and the certificates to be offered so as to enable an investor to decide to purchase or subscribe the certificates, as the same may be varied in that Member State by any measure implementing the Prospectus Directive in that Member State and the expression ‘‘Prospectus Directive’’ means Directive 2003/71/EC and includes any relevant implementing measure in each Relevant Member State.

UNITED KINGDOM

Each underwriter has represented and agreed that:

(a)    it has only communicated or caused to be communicated and will only communicate or cause to be communicated an invitation or inducement to engage in investment activity (within the meaning of Section 21 of the Financial Services and Markets Act 2000 (the ‘‘FSMA’’)) received by it in connection with the issue or sale of the certificates in circumstances in which Section 21(1) of the FSMA does not apply to the issuer; and

(b)    it has complied and will comply with all applicable provisions of the FSMA with respect to anything done by it in relation to the certificates in, from or otherwise involving the United Kingdom.

NOTICE TO UNITED KINGDOM INVESTORS

The distribution of this prospectus if made by a person who is not an authorized person under the FSMA, is being made only to, or directed only at persons who (1) are outside the United Kingdom, or (2) have professional experience in matters relating to investments, or (3) are persons falling within Article 49(2)(a) through (d) (‘‘high net worth companies, unincorporated associations, etc.’’) or 19 (Investment Professionals) of the Financial Services and Market Act 2000 (Financial Promotion) Order 2005 (all such persons together being referred to as the ‘‘Relevant Persons’’). This prospectus must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this prospectus relates, including the offered certificates, is available only to Relevant Persons and will be engaged in only with Relevant Persons.

Potential investors in the United Kingdom are advised that all, or most, of the protections afforded by the United Kingdom regulatory system will not apply to an investment in the offered certificates and that compensation will not be available under the United Kingdom Financial Services Compensation Scheme.

S-2

(Footnotes to table on the front cover)

S-3

TABLE OF CONTENTS

SUMMARY OF PROSPECTUS SUPPLEMENT					S-6
OVERVIEW OF THE CERTIFICATES					S-7
THE PARTIES					S-8
IMPORTANT DATES AND PERIODS					S-12
THE CERTIFICATES					S-13
THE MORTGAGE LOANS					S-33
RISK FACTORS					S-46
DESCRIPTION OF THE MORTGAGE POOL					S-76
General					S-76
Mortgage Loan Selection Process					S-77
Mortgage Loan History					S-78
Certain Terms and Conditions of the Mortgage Loans					S-78
Certain State-Specific Considerations					S-84
Assessments of Property Condition					S-84
Co-Lender Loans					S-85
General					S-85
The Caplease Loan					S-90
Certain Information Relating to the A/B Loans					S-93
Certain Information Relating to the Winn-Dixie Loans					S-96
Mezzanine Loans					S-100
Additional Mortgage Loan Information					S-100
Twenty Largest Mortgage Loans					S-106
The Sponsors					S-107
The Depositor					S-115
Significant Obligors					S-115
The Mortgage Loan Sellers					S-115
Originators					S-116
Assignment of the Mortgage Loans; Repurchases and Substitutions					S-116
Representations and Warranties; Repurchases and Substitutions					S-119
Repurchase or Substitution of Cross-Collateralized Mortgage Loans					S-122
Changes in Mortgage Pool Characteristics					S-123
SERVICING OF THE MORTGAGE LOANS					S-124
General					S-124
The Master Servicer					S-125
Bank of America, N.A. as a Primary Servicer					S-127
The Special Servicer					S-128
Certain Special Servicing Provisions					S-129
Compensation and Payment of Expenses					S-132
Modifications, Waivers and Amendments					S-139
The Controlling Class Representative					S-141
Defaulted Mortgage Loans; REO Properties; Purchase Option					S-143
Inspections; Collection of Operating Information					S-146
DESCRIPTION OF THE CERTIFICATES					S-147

S-4

General					S-147
The Issuing Entity					S-147
Registration and Denominations					S-148
Certificate Balances and Notional Amount					S-148
Pass-Through Rates					S-149
Distributions					S-151
Subordination; Allocation of Losses and Certain Expenses					S-163
P&I Advances					S-166
Appraisal Reductions					S-168
Reports to Certificateholders; Available Information					S-170
Assumed Final Distribution Date; Rated Final Distribution Date					S-174
Voting Rights					S-175
Termination					S-176
The Trustee					S-177
YIELD AND MATURITY CONSIDERATIONS					S-180
Yield Considerations					S-180
Weighted Average Life					S-184
Effect of Loan Groups					S-190
MATERIAL FEDERAL INCOME TAX CONSEQUENCES					S-191
General					S-191
Taxation of the Offered Certificates					S-191
Reporting and Other Administrative Matters					S-192
USE OF PROCEEDS					S-193
ERISA CONSIDERATIONS					S-193
LEGAL INVESTMENT					S-195
METHOD OF DISTRIBUTION					S-195
CERTAIN RELATIONSHIPS AMONG PARTIES					S-197
LEGAL MATTERS					S-197
RATINGS					S-198
INDEX OF DEFINED TERMS					S-199

ANNEX A-1			Certain Characteristics of the Mortgage Loans and Mortgaged Properties			A-1
ANNEX A-2			Certain Information Regarding Multifamily Mortgaged Properties			A-2
ANNEX A-3			Reserve Account Information			A-3
ANNEX A-4			Commercial Tenant Schedule			A-4
ANNEX A-5			Certain Characteristics of the Mortgage Loans and Mortgaged Properties (Pools and Portfolios)			A-5
ANNEX A-6			Debt Service Payment Schedule for the One & Two Riverwood, The Falls at Highpoint Apartments, One Ridgmar Centre, Governor’s Pointe Office Campus and Hidden Lakes Apartments Loans			A-6
ANNEX B			Certain Mortgage Pool Information			B-1
ANNEX C			Form of Distribution Date Statement			C-1
ANNEX D			Top Twenty Large Loan Summaries			D-1
ANNEX E			Loan Group 1 Short-Term Collateral Summary			E-1
ANNEX F			Class A-PB Planned Principal Balance Schedule			F-1

S-5

SUMMARY OF PROSPECTUS SUPPLEMENT

•	This summary highlights selected information from this prospectus supplement and does not contain all of the information that you need to consider in making your investment decision. To understand the terms of the offered certificates, you must carefully read this entire prospectus supplement and the accompanying prospectus.

•	This summary provides an overview of certain calculations, cash flows and other information to aid your understanding and is qualified by the full description of these calculations, cash flows and other information in this prospectus supplement and the accompanying prospectus.

•	We provide information in this prospectus supplement on the certificates that are not offered by this prospectus supplement only to enhance your understanding of the offered certificates. We are not offering the non-offered certificates pursuant to this prospectus supplement.

•	For purposes of making distributions to the Class A-1, Class A-2, Class A-PB, Class A-3 and Class A-1A certificates, the pool of mortgage loans will be deemed to consist of 2 distinct loan groups, loan group 1 and loan group 2.

•

Unless otherwise stated, all percentages of the mortgage loans included in the trust fund, or of any specified group of mortgage loans included in the trust fund, referred to in this prospectus supplement are calculated using the aggregate principal balance of the mortgage loans included in the trust fund as of the cut-off date (which is November 1, 2007, with respect to 30 mortgage loans and November 11, 2007, with respect to 79 mortgage loans), after giving effect to payments due on or before such date whether or not received. The cut-off date balance of each mortgage loan included in the trust fund and each cut-off date certificate balance in this prospectus supplement assumes the timely receipt of principal scheduled to be paid (if any) on each mortgage loan and no defaults, delinquencies or prepayments on any mortgage loan on or before the related cut-off date. Percentages of mortgaged properties are references to the percentages of the aggregate principal balance of all the mortgage loans included in the trust fund, or of any specified group of mortgage loans included in the trust fund, as of the cut-off date represented by the aggregate principal balance of the related mortgage loans as of the cut-off date.

•

Two (2) mortgage loans, Winn-Dixie Distribution Center — Orlando, FL and Winn-Dixie Headquarters/Manufacturing — Jacksonville, FL, are part of a split loan structure where the companion loan(s) that are part of the split loan structure are pari passu and subordinate in right of entitlement to payment with the mortgage loan. Certain of the mortgage loans are each part of a split loan structure in which the related companion loan(s) are subordinate to the related mortgage loan. Amounts attributable to any companion loan will not be assets of the trust fund and will be beneficially owned by the holder of such companion loan.

•	All numerical or statistical information concerning the mortgage loans included in the trust fund is provided on an approximate basis and excludes information on the subordinate companion loans.

S-6

OVERVIEW OF THE CERTIFICATES

The table below lists certain summary information concerning the Wachovia Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2007-C34, which we are offering pursuant to the accompanying prospectus and this prospectus supplement. Each certificate represents an interest in the mortgage loans included in the trust fund and the other assets of the trust fund. The table also describes the certificates that are not offered by this prospectus supplement (other than the Class Z, Class R-I and Class R-II certificates) which have not been registered under the Securities Act of 1933, as amended, and which will be sold to investors in private transactions.

Class			Closing Date Certificate Balance or Notional Amount(1)						Percentage of Cut-Off Date Pool Balance						Credit Support						Pass-Through Rate Description			Initial Pass- Through Rate						Weighted Average Life (years)(2)						Cash Flow or Principal Window (Mon./Yr.)(2)			Expected Moody’s/ S&P Rating(3)
Class A-1				$	18,111,000						1.224	%					30.000	%			Fixed					5.074	%					2.38				12/07 – 03/12			Aaa/AAA
Class A-2				$	178,441,000						12.061	%					30.000	%			Fixed					5.569	%					4.65				03/12 – 08/12			Aaa/AAA
Class A-PB				$	48,817,000						3.300	%					30.000	%			Fixed					5.617	%					7.08				08/12 – 01/17			Aaa/AAA
Class A-3				$	474,091,000						32.045	%					30.000	%			Fixed					5.678	%					9.44				01/17 – 07/17			Aaa/AAA
Class A-1A				$	316,144,000						21.369	%					30.000	%			Fixed(4)					5.608	%					7.54				09/09 – 08/17			Aaa/AAA
Class IO(5)				$	1,479,435,064						N/A						N/A				Variable					0.357	%					N/A				N/A			Aaa/AAA
Class A-M				$	147,944,000						10.000	%					20.000	%			Fixed(4)					5.818	%					9.79				08/17 – 09/17			Aaa/AAA
Class A-J(6)				$	88,766,000						6.000	%					14.000	%			WAC(7)					5.952	%					9.84				09/17 – 09/17			Aaa/AAA
Class B				$	18,493,000						1.250	%					12.750	%			WAC(8)					6.027	%					9.84				09/17 – 09/17			Aa1/AA+
Class C				$	16,643,000						1.125	%					11.625	%			WAC(8)					6.027	%					9.84				09/17 – 09/17			Aa2/AA
Class D				$	16,644,000						1.125	%					10.500	%			WAC(8)					6.027	%					9.84				09/17 – 09/17			Aa3/AA−
Class E				$	11,096,000						0.750	%					9.750	%			WAC(8)					6.027	%					9.84				09/17 – 09/17			A1/A+
Class F				$	12,945,000						0.875	%					8.875	%			WAC(8)					6.027	%					9.84				09/17 – 09/17			A2/A
Class G				$	16,643,000						1.125	%					7.750	%			WAC(8)					6.027	%			(9)						(9)			A3/A−
Class H				$	18,493,000						1.250	%					6.500	%			WAC(8)					6.027	%			(9)						(9)			Baa1/BBB+
Class J				$	18,493,000						1.250	%					5.250	%			WAC(8)					6.027	%			(9)						(9)			Baa2/BBB
Class K				$	14,795,000						1.000	%					4.250	%			WAC(8)					6.027	%			(9)						(9)			Baa3/BBB−
Class L				$	11,095,000						0.750	%					3.500	%			Fixed					4.859	%			(9)						(9)			Ba1/BB+
Class M				$	5,548,000						0.375	%					3.125	%			Fixed					4.859	%			(9)						(9)			Ba2/BB
Class N				$	7,397,000						0.500	%					2.625	%			Fixed					4.859	%			(9)						(9)			Ba3/BB−
Class O				$	3,699,000						0.250	%					2.375	%			Fixed					4.859	%			(9)						(9)			B1/B+
Class P				$	3,699,000						0.250	%					2.125	%			Fixed					4.859	%			(9)						(9)			B2/B
Class Q				$	5,547,000						0.375	%					1.750	%			Fixed					4.859	%			(9)						(9)			B3/B−
Class S				$	25,891,064						1.750	%					0.000	%			Fixed					4.859	%			(9)						(9)			NR/NR

S-7

THE PARTIES

The Trust Fund		The trust fund will be created on or about the closing date pursuant to a pooling and servicing agreement, dated as of November 1, 2007, by and among the depositor, the master servicer, the special servicer and the trustee.

The Depositor		Wachovia Commercial Mortgage Securities, Inc. We are a wholly-owned subsidiary of Wachovia Bank, National Association, which is one of the mortgage loan sellers, a sponsor, the master servicer and an affiliate of one of the underwriters. Our principal executive office is located at 301 South College Street, Charlotte, North Carolina 28288-0166 and our telephone number is (704) 374-6161. Neither we nor any of our affiliates have insured or guaranteed the offered certificates. For more detailed information, see ‘‘THE DEPOSITOR’’ in the accompanying prospectus.

		On the closing date, we will sell the mortgage loans and related assets to be included in the trust fund to the trustee to create the trust fund.

The Issuing Entity		A common law trust, created under the laws of the State of New York, to be established on the closing date under the pooling and servicing agreement. The issuing entity is also sometimes referred to herein as the trust fund. For more detailed information, see ‘‘DESCRIPTION OF THE CERTIFICATES—The Issuing Entity’’ in this prospectus supplement and the accompanying prospectus.

The Sponsors		Each of Wachovia Bank, National Association and Barclays Capital Real Estate Inc. is a sponsor for this transaction. For more information, see ‘‘DESCRIPTION OF THE MORTGAGE POOL—The Sponsors’’ in this prospectus supplement and ‘‘THE SPONSOR’’ in the accompanying prospectus.

The Mortgage Loan Sellers		Each of the sponsors will be a mortgage loan seller for this transaction. For more information, see ‘‘DESCRIPTION OF THE MORTGAGE POOL—The Mortgage Loan Sellers’’ in this prospectus supplement. Wachovia Bank, National Association is the master servicer and a sponsor and is an affiliate of the depositor and one of the underwriters. Barclays Capital Real Estate Inc. is a sponsor and is an affiliate of Barclays Capital Inc. The mortgage loan sellers will sell and assign to us on the closing date the mortgage loans to be included in the trust fund. See ‘‘DESCRIPTION OF THE MORTGAGE POOL—Representations and Warranties: Repurchases and Substitutions’’ in this prospectus supplement.

S-8

Mortgage Loans by Mortgage Loan Seller

Mortgage Loan Seller			Number of Mortgage Loans						Aggregate Cut-Off Date Balance						% of Initial Pool Balance						% of Group 1 Balance						% of Group 2 Balance
Wachovia Bank, National Association					83					$	1,236,661,626						83.6	%					87.7	%					68.3	%
Barclays Capital Real Estate Inc.					26						242,773,439						16.4						12.3						31.7
Total					109					$	1,479,435,064						100.0	%					100.0	%					100.0	%

The Master Servicer		Wachovia Bank, National Association. Wachovia Bank, National Association is one of the mortgage loan sellers, a sponsor, an affiliate of the depositor and one of the underwriters. The master servicer will be primarily responsible for collecting payments and gathering information with respect to the mortgage loans included in the trust fund and the companion loans which are not part of the trust fund.

		See ‘‘SERVICING OF THE MORTGAGE LOANS—The Master Servicer’’ in this prospectus supplement.

The Primary Servicer for the BCRE     Mortgage Loans		Bank of America, N.A. is the primary servicer of the mortgage loans originated by Barclays Capital Real Estate Inc. Its main servicing offices are located at 900 West Trade Street, Suite 650, NC1-026-06-01, North Carolina 28255 and the telephone number is (704) 386-5478. See ‘‘SERVICING OF THE MORTGAGE LOANS—Bank of America, N.A. as a Primary Servicer’’ in this prospectus supplement.

The Special Servicer		Initially, CWCapital Asset Management LLC. The special servicer will be responsible for performing certain servicing functions with respect to the mortgage loans included in the trust fund and the companion loans which are not part of the trust fund that, in general, are in default or as to which default is imminent.

		Some holders of certificates (initially the holder of the Class S certificates) will have the right to replace the special servicer and to select a representative who may advise and direct the special servicer and whose approval is required for certain actions by the special servicer under certain circumstances. See ‘‘SERVICING OF THE MORTGAGE LOANS—The Special Servicer’’ and ‘‘—The Controlling Class Representative’’ in this prospectus supplement.

The Trustee		Wells Fargo Bank, N.A. The trustee will be responsible for (among other things) distributing payments to certificateholders and delivering to certificateholders certain reports on the mortgage loans included in the trust fund and the certificates. See ‘‘DESCRIPTION OF THE CERTIFICATES—The Trustee’’ in this prospectus supplement.

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The Underwriters		Wachovia Capital Markets, LLC, Barclays Capital Inc., and Lehman Brothers Inc. It is intended that Wachovia Securities International Limited will act as a member of the selling group on behalf of Wachovia Capital Markets, LLC and may sell offered certificates on behalf of Wachovia Capital Markets, LLC in certain jurisdictions. Wachovia Capital Markets, LLC is an affiliate of the depositor and of Wachovia Bank, National Association, which is the master servicer, a sponsor and one of the mortgage loan sellers. Barclays Capital Inc. is an affiliate of Barclays Capital Real Estate Inc., which is a sponsor and one of the mortgage loan sellers. See ‘‘RISK FACTORS—The Offered Certificates—Potential Conflicts of Interest’’ in this prospectus supplement. Wachovia Capital Markets, LLC and Barclays Capital Inc. are acting as co-lead managers for this offering. Lehman Brothers Inc. is acting as co-manager for this offering. Wachovia Capital Markets, LLC is acting as sole bookrunner with respect to the offered certificates. It is expected that approximately $21 million of the initial Certificate Balance of the Class A-J Certificates will be sold on the Closing Date to Wachovia Capital Markets, LLC or an affiliate. Wachovia Capital Markets, LLC is one of the underwriters and also an affiliate of the Depositor. It is anticipated such Class A-J Certificates will thereafter be sold for inclusion in a collateralized debt obligation transaction.

Certain Affiliations		Wachovia Bank, National Association and its affiliates are playing several roles in this transaction. Wachovia Bank, National Association is a mortgage loan seller, the master servicer and a sponsor. Wachovia Commercial Mortgage Securities, Inc. is the depositor and a wholly-owned subsidiary of Wachovia Bank, National Association. Wachovia Bank, National Association and Barclays Capital Real Estate Inc. originated or acquired the mortgage loans and will be selling them to the depositor. Wachovia Bank, National Association is also an affiliate of Wachovia Capital Markets, LLC, an underwriter for the offering of the certificates. Barclays Capital Real Estate Inc., a sponsor and a mortgage loan seller, is an affiliate of Barclays Capital Inc., an underwriter for the offering of the certificates. These roles and other potential relationships may give rise to conflicts of interest as further described under ‘‘RISK FACTORS—The Offered Certificates—Potential Conflicts of Interest’’ in this prospectus supplement.

Significant Obligor		The mortgaged properties described in Annex D and in ‘‘DESCRIPTION OF THE MORTGAGE POOL—Twenty Largest Mortgage Loans’’ securing the Ashford Hospitality Pool 5 mortgage loan, representing 10.7% of the mortgage pool (13.6% of loan group 1) is a ‘‘significant obligor’’ with respect to this offering. The borrowers under the Ashford Hospitality Pool 5 mortgage loan are Ashford Durham I LLC and Ashford Durham II LLC, as tenants in common,

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		Ashford Bridgewater Hotel Partnership, LP, Ashford Market Center LP, Ashford Flagstaff, LP and Ashford Bucks County LLC. See ‘‘DESCRIPTION OF THE MORTGAGE POOL—Significant Obligors’’, ‘‘—Twenty Largest Mortgage Loans’’ in this prospectus supplement and the description of the Ashford Hospitality Pool 5 mortgage loan in Annex D to this prospectus supplement.

Transaction Overview

On the closing date, the mortgage loan sellers will sell the mortgage loans to the depositor, which will in turn deposit them into a common law trust created on the closing date. The trust fund, which will be the issuing entity, will be formed by a pooling and servicing agreement, to be dated as of November 1, 2007, among the depositor, the master servicer, the special servicer and the trustee. The master servicer will service the mortgage loans in accordance with the pooling and servicing agreement and provide the information to the trustee necessary for the trustee to calculate distributions and other information regarding the certificates.

The transfers of the mortgage loans from the sponsors/mortgage loan sellers to the depositor and from the depositor to the issuing entity in exchange for the certificates are illustrated below:

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IMPORTANT DATES AND PERIODS

Closing Date		On or about November 13, 2007.

Cut-Off Date		For 30 mortgage loans, representing 19.7% of the mortgage pool (22 mortgage loans in loan group 1 or 16.5% and 8 mortgage loans in loan group 2 or 31.7%), November 1, 2007, and for 79 mortgage loans, representing 80.3% of the mortgage pool (70 mortgage loans in loan group 1 or 83.5% and 9 mortgage loans in loan group 2 or 68.3%), November 11, 2007. The cut-off date balance of each mortgage loan included in the trust fund and each cut-off date certificate balance in this prospectus supplement assumes the timely receipt of principal scheduled to be paid (if any) on each mortgage loan and no defaults, delinquencies or prepayments on any mortgage loan on or before the related cut-off date.

Distribution Date		The fourth business day following the related determination date, commencing in December 2007.

Determination Date		The 11th day of each month, or if such 11th day is not a business day, the next succeeding business day, commencing in December 2007.

Collection Period		For any distribution date, the period beginning on the 12th day in the immediately preceding month (or the day after the applicable cut-off date in the case of the first collection period) through and including the 11th day of the month in which the distribution date occurs. Notwithstanding the foregoing, in the event that the last day of a collection period is not a business day, any payments with respect to the mortgage loans which relate to such collection period and are received on the business day immediately following such last day will be deemed to have been received during such collection period and not during any other collection period, and in the event that the payment date (after giving effect to any grace period) related to any distribution date occurs after the related collection period, any amounts received on that payment date (after giving effect to any grace period) will be deemed to have been received during the related collection period and not during any other collection period.

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