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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**

|                                             | 38-3745727                           |
|--------------------------------------------------|--------------------------------------|
| New                  York                        | 32-0186184                           |
| (State                  or other jurisdiction of | 35-6771235                           |
| incorporation                  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 |
|------------------------------------------|------------------------------------|----------------------------------------------|

**DOCUMENTS      INCORPORATED BY      REFERENCE**

**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.**

**ADDITIONAL        DISCLOSURE ITEMS UNDER REGULATION AB**

**Item        1112(b) of Regulation AB, Significant Obligor Financial        Information.**

**Item        1114(b)(2) and 1115(b) of Regulation AB, Significant Enhancement Provider        and        Significant Derivatives Provider        Financial Information**

**Item        1117 of Regulation AB, Legal Proceedings**

**Item        1119 of Regulation AB, Affiliations and Certain Relationships and Related        Transactions**

**Item        1122 of Regulation AB, Compliance with Applicable Servicing        Criteria**

**Item        1123 of Regulation AB, Servicer Compliance Statement**

**PART      IV**

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

| **Exhibit                  Number** |     | **Description**                                                                                                                                                                                                                 |
|-------------------------------------|----------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.1                                 |     | Pooling                  and Servicing Agreement (Filed as Exhibit 4.1 to the Registrant's                  Current                  Report on Form 8-K filed on November 20, 2006)(Incorporated by                  Reference) |
| 31                                  |     | Rule                  13a-14(d)/15d-14(d) Certifications                                                                                                                                                                        |
| 33                                  |     | Reports                  on assessment of compliance with servicing criteria for asset-backed                  securities                                                                                                       |
|                                | a)       | Capmark                  Finance Inc., Master Servicer                                                                                                                                                                          |
|                                | b)       | Wachovia                  Bank, National Association, Master Servicer                                                                                                                                                           |
|                                | c)       | J.E.                  Robert Company, Inc., Special Servicer and special servicer of                  the Shopko                  Portfolio Loan                                                                                |
|                                | d)       | LaSalle                  Bank National Association, Trustee and Paying                  Agent                                                                                                                              |
|                                | e)       | Midland                  Loan Services, Inc., primary servicer with respect to the Shopko                  Portfolio                  Loan                                                                                      |
|                                | f)       | First                  American Commercial Real Estate Services, Inc., servicing function                  participant to Wachovia Bank, National Association                                                                   |
|                                | g)       | Global                  Realty Outsourcing, Inc., servicing function participant to Wachovia                  Bank, National Association                                                                                   |
|                                | h)       | Capmark                  Finance Inc., Primary Servicer                                                                                                                                                                    |
| 34                                  |     | Attestation                  Reports on assessment of compliance with servicing criteria for                  asset-backed securities                                                                                           |
|                                | a)       | Capmark                  Finance Inc., Master Servicer                                                                                                                                                                     |
|                                | b)       | Wachovia                  Bank, National Association, Master Servicer                                                                                                                                                           |
|                                | c)       | J.E.                  Robert Company, Inc., Special Servicer and special servicer of                  the Shopko                  Portfolio Loan                                                                                |
|                                | d)       | LaSalle                  Bank National Association, Trustee and Paying                  Agent                                                                                                                              |
|                                | e)       | Midland                  Loan Services, Inc., primary servicer with respect to the Shopko                  Portfolio                  Loan                                                                                      |
|                                | f)       | First                  American Commercial Real Estate Services, Inc., servicing function                  participant to Wachovia Bank, National Association                                                                   |
|                                | g)       | Global                  Realty Outsourcing, Inc., servicing function participant to Wachovia                  Bank,                  National Association                                                                       |
|                                | h)       | Capmark                Finance Inc., Primary Servicer                                                                                                                                                                           |
| 35                                  |     | Servicer                  Compliance Statements                                                                                                                                                                                 |
|                                | a)       | Capmark                  Finance Inc.,  Master Servicer                                                                                                                                                                    |
|                                | b)       | Wachovia                  Bank, National Association, Master Servicer                                                                                                                                                           |
|                                | c)       | J.E.                  Robert Company, Inc., Special Servicer                                                                                                                                                                    |
|                                | d)       | LaSalle                  Bank National Association, Trustee and Paying                  Agent                                                                                                                              |
|                                | e)       | Midland                  Loan Services, Inc., primary servicer with respect to the Shopko                  Portfolio                  Loan                                                                                      |
|                                | f)       | First                  American Commercial Real Estate Services, Inc., as servicing function                  participant to Wachovia Bank, National Association                                                                |
|                                | g)  | J.E.                  Robert Company, Inc., special servicer of the Shopko Portfolio                  Loan                                                                                                                      |
|                                | h)       | Capmark                Finance Inc., Primary Servicer                                                                                                                                                                           |
| 99.1                                |     | Mortgage                  Loan Purchase Agreement (Filed as Exhibit 99.1 of the Registrant’s Current                  Report on Form 8-K filed on November 20, 2006) (Incorporated by                  reference)         |
| 99.2                                |     | Mortgage                  Loan Purchase Agreement (Filed as Exhibit 99.2 of the Registrant’s Current                  Report on Form 8-K filed on November 20, 2006) (Incorporated by                  reference)         |
| 99.3                                |     | Mortgage                  Loan Purchase Agreement (Filed as Exhibit 99.3 of the Registrant’s Current                  Report on Form 8-K filed on November 20, 2006) (Incorporated by                  reference)         |
| 99.4                                |     | Mortgage                  Loan Purchase Agreement (Filed as Exhibit 99.4 of the Registrant’s Current                  Report on Form 8-K filed on November 20, 2006) (Incorporated by                  reference)         |

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**SIGNATURES**

|                              | Deutsche              Mortgage & Asset Receiving Corporation                            |
|-----------------------------------|---------------------------------------------------------------------------------------------|
|                              |                                                                                        |
|  March              29, 2007 | /s/              Helaine M. Kaplan                                                          |
|                              | By: Helaine              M. Kaplan                                                     |
|                              | Title: President,              Senior officer in charge of              Securitization |

|   | /s/                  Boris Zhuravel           |
|--------|-----------------------------------------------|
|   | By: Boris                    Zhuravel    |
|   | Title: Vice                    President |

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**EXHIBIT      INDEX**

| **Exhibit                        Number** |     | **Description**                                                                                                                                                                                                                                                                |
|-------------------------------------------|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.1                                       |     | Pooling                        and Servicing Agreement (Filed as Exhibit 4.1 to the Registrant's                        Current                        Report on Form 8-K filed on November 20, 2006)(Incorporated                        by                        Reference) |
| 31                                        |     | Rule                        13a-14(d)/15d-14(d) Certifications                                                                                                                                                                                                                 |
| 33                                        |     | Reports                        on assessment of compliance with servicing criteria for asset-backed                        securities                                                                                                                                          |
|                                      | a)       | Capmark                        Finance Inc., Master Servicer                                                                                                                                                                                                                   |
|                                      | b)       | Wachovia                        Bank, National Association, Master Servicer                                                                                                                                                                                                    |
|                                      | c)       | J.E.                        Robert Company, Inc., Special Servicer and special servicer                        of the Shopko                        Portfolio Loan                                                                                                             |
|                                      | d)       | LaSalle                        Bank National Association, Trustee and Paying                        Agent                                                                                                                                                                 |
|                                      | e)       | Midland                        Loan Services, Inc., primary servicer with respect to the                        Shopko Portfolio                        Loan                                                                                                                   |
|                                      | f)       | First                        American Commercial Real Estate Services, Inc., servicing                        function                        participant to Wachovia Bank, National Association                                                                               |
|                                      | g)       | Global                        Realty Outsourcing, Inc., servicing function participant to Wachovia                        Bank, National Association                                                                                                                      |
|                                      | h)       | Capmark                        Finance Inc., Primary Servicer                                                                                                                                                                                                             |
| 34                                        |     | Attestation                        Reports on assessment of compliance with servicing criteria                        for                        asset-backed securities                                                                                                       |
|                                      | a)       | Capmark                        Finance Inc., Master Servicer                                                                                                                                                                                                              |
|                                      | b)       | Wachovia                        Bank, National Association, Master Servicer                                                                                                                                                                                                    |
|                                      | c)       | J.E.                        Robert Company, Inc., Special Servicer and special servicer                        of the Shopko                        Portfolio Loan                                                                                                             |
|                                      | d)       | LaSalle                        Bank National Association, Trustee and Paying                        Agent                                                                                                                                                                 |
|                                      | e)       | Midland                        Loan Services, Inc., primary servicer with respect to the                        Shopko Portfolio                        Loan                                                                                                                   |
|                                      | f)       | First                        American Commercial Real Estate Services, Inc., servicing                        function                        participant to Wachovia Bank, National Association                                                                               |
|                                      | g)       | Global                        Realty Outsourcing, Inc., servicing function participant                        to Wachovia Bank,                        National Association                                                                                                    |
|                                      | h)       | Capmark                      Finance Inc., Primary Servicer                                                                                                                                                                                                                    |
| 35                                        |     | Servicer                        Compliance Statements                                                                                                                                                                                                                          |
|                                      | a)       | Capmark                        Finance Inc.,  Master Servicer                                                                                                                                                                                                             |
|                                      | b)       | Wachovia                        Bank, National Association, Master Servicer                                                                                                                                                                                                    |
|                                      | c)       | J.E.                        Robert Company, Inc., Special Servicer                                                                                                                                                                                                             |
|                                      | d)       | LaSalle                        Bank National Association, Trustee and Paying                        Agent                                                                                                                                                                 |
|                                      | e)       | Midland                        Loan Services, Inc., primary servicer with respect to the                        Shopko Portfolio                        Loan                                                                                                                   |
|                                      | f)       | First                        American Commercial Real Estate Services, Inc., as servicing                        function                        participant to Wachovia Bank, National Association                                                                            |
|                                      | g)  | J.E.                        Robert Company, Inc., special servicer of the Shopko Portfolio                        Loan                                                                                                                                                         |
|                                      | h)       | Capmark                      Finance Inc., Primary Servicer                                                                                                                                                                                                                    |
| 99.1                                      |     | Mortgage                        Loan Purchase Agreement (Filed as Exhibit 99.1 of the Registrant’s Current                        Report on Form 8-K filed on November 20, 2006) (Incorporated                        by                        reference)               |
| 99.2                                      |     | Mortgage                        Loan Purchase Agreement (Filed as Exhibit 99.2 of the Registrant’s Current                        Report on Form 8-K filed on November 20, 2006) (Incorporated                        by                        reference)               |
| 99.3                                      |     | Mortgage                        Loan Purchase Agreement (Filed as Exhibit 99.3 of the Registrant’s Current                        Report on Form 8-K filed on November 20, 2006) (Incorporated                        by                        reference)               |
| 99.4                                      |     | Mortgage                        Loan Purchase Agreement (Filed as Exhibit 99.4 of the Registrant’s Current                        Report on Form 8-K filed on November 20, 2006) (Incorporated                        by                        reference)               |

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