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**UNITED      STATES**

**SECURITIES      AND EXCHANGE COMMISSION**

**Washington,      D.C. 20549**

**FORM      10-K**

**[X]      ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT      OF      1934**

**[        ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND      EXCHANGE ACT OF 1934**

**Deutsche      Mortgage & Asset Receiving Corporation**

|   | Delaware                                                                                    |   | 04-3310019                                                         |   |
|--------|---------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------|--------|
|   | (State                or other jurisdiction ofincorporation                or organization) |   | (I.R.S.                Employer Identification                No.) |   |

|   | o                Yes |   | x                No |
|--------|----------------------|--------|---------------------|

|   | o                Yes |   | x                No |
|--------|----------------------|--------|---------------------|

|   | x                Yes |   | o                No |
|--------|----------------------|--------|---------------------|

| Large                accelerated filer o |   |   | Accelerated                filer o |   |   | Non-accelerated                filer x |   |
|------------------------------------------|--------|--------|------------------------------------|--------|--------|----------------------------------------|--------|

|   | o                Yes |   | x                No |
|--------|----------------------|--------|---------------------|

**PART      I**

**Item      1. Business.**

**Item      1A. Risk Factors.**

**Item      1B. Unresolved Staff Comments.**

**Item      2. Properties.**

**Item      3. Legal Proceedings. **

**Item      4. Submission of Matters to a Vote of Security Holders.**

**PART      II**

**Item      5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer      Purchases of Equity Securities.**

**Item      6. Selected Financial Data.**

**Item      7. Management’s Discussion and Analysis of Financial Condition and Results of      Operation.**

**Item      7A. Quantitative and Qualitative Disclosures About Market      Risk.**

**Item      8. Financial Statements and Supplementary Data.**

**Item      9. Changes in and Disagreements With Accountants on Accounting and Financial      Disclosure.**

**Item      9A. Controls and Procedures.**

**Item      9B. Other Information.**

**PART      III**

**Item      10. Directors and Executive Officers of the Registrant.**

**Item      11. Executive Compensation.**

**Item      12. Security Ownership of Certain Beneficial Owners and Management and Related      Stockholder Matters.**

**Item      13. Certain Relationships and Related Transactions.**

**Item      14. Principal Accounting Fees and Services.**

**PART      IV**

**Item      15. Exhibits, Financial Statement Schedules.**

**EXHIBIT      INDEX**

| **Exhibit                Number** | **Description**                                                                                                                                                                                                                                                                                                                                       |
|-----------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 31                                | Sarbanes-Oxley                Certification                                                                                                                                                                                                                                                                                                           |
| 99.1                              | Annual                Independent Accountants’ Servicing Reports concerning servicing                activities                                                                                                                                                                                                                                 |
| (a)                               | Midland                Loan Services, Inc., as Servicer                                                                                                                                                                                                                                                                                               |
| (b)                               | LNR                Partners, Inc. (formerly known as Lennar Partners, Inc.), as Special                Servicer                                                                                                                                                                                                                                       |
| (c)                               | GEMSA                Loan Services, L.P., as Master Servicer for the 63 Madison Avenue                Loan and                the Lakeside Mall Loan                                                                                                                                                                                                  |
| 99.2                              | Reports                of Management as to Compliance with Minimum Servicing                Standards                                                                                                                                                                                                                                                 |
| (a)                               | Midland                Loan Services, Inc., as Servicer                                                                                                                                                                                                                                                                                               |
| (b)                               | LNR                Partners, Inc. (formerly known as Lennar Partners, Inc.), as Special                Servicer                                                                                                                                                                                                                                       |
| (c)                               | GEMSA                Loan Services, L.P., as Master Servicer for the 63 Madison Avenue                Loan and                the Lakeside Mall Loan                                                                                                                                                                                                  |
| 99.3                              | Annual                Statements of Compliance under the Pooling and Servicing                Agreements                                                                                                                                                                                                                                              |
| (a)                               | Midland                Loan Services, Inc., as Servicer                                                                                                                                                                                                                                                                                               |
| (b)                               | LNR                Partners, Inc. (formerly known as Lennar Partners, Inc.), as Special                Servicer                                                                                                                                                                                                                                       |
| (c)                               | GEMSA                Loan Services, L.P., as Master Servicer for the 63 Madison Avenue                Loan and                the Lakeside Mall Loan under the Pooling and Servicing Agreement                for the                GE Commercial Mortgage Corporation, Commercial Mortgage Pass-Through                Certificates, Series 2005-C1 |
| 99.4                              | Aggregate                Statement of Principal and Interest Distribution to                Certificateholders.                                                                                                                                                                                                                                       |

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**SIGNATURES**

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