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





For the
fiscal year ended December 31,
2007


or





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





For the
transition period from ________to _______





Commission
file number: 333-130755-06




Banc of America Commercial
Mortgage Trust 2007-1


(Exact
name of issuing entity as specified in its charter)




Banc of America Commercial
Mortgage Inc.


(Exact
name of registrant/depositor as specified in its charter)




Bank of America, National
Association
 Eurohypo AG, New York
Branch
 (Exact
name of sponsors as specified in their charters)




New
      York
            
            32-0237449
                32-0237452
                64-6227791
                64-6227792(State
      or other jurisdiction of
              incorporation
      or organization)
            
            (I.R.S.
      Employer
              Identification
      No.)





214 North
Tryon Street, NC1-027-22-03, Charlotte, North
Carolina 28255
 (Address
of registrant’s principal executive offices)




(704)
386-8509


(Registrant's
telephone number, including area code)





Securities
registered pursuant to Section 12(b) of the Act:




None




Securities
registered pursuant to Section 12(g) of the Act:




None




Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in
Rule 405 of the Securities Act.





oYes
            
            x No





Indicate
by check mark if the registrant is not required to file pursuant to Section 13
or Section 15(d) of the Act.





oYes
            
            xNo





Indicate
by check mark whether the registrant (1) has filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days.





xYes
            
            oNo





Indicate
by check mark if disclosure of delinquent filers pursuant to Item 405 of
Regulation S-K (§229.405 of this
chapter) is not contained herein, and will not be contained, to the best of
registrant’s knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K.




Not
applicable.





Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non- accelerated filer, or a small reporting
company.  See the definitions of “large accelerated filer,”
“accelerated filer” and “small reporting company” in Rule 12b-2 of the Exchange
Act.
 
 Large
      accelerated filer
              o
              Accelerated
      filer
              oNon-accelerated
      filer
              x
              (Do
      not check if a smaller reporting company)
              Smaller
      reporting company
              o


Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Act).   oYes     xNo




State the
aggregate market value of the voting and non-voting common equity held by
non-affiliates computed by reference to the price at which the common equity was
last sold, or the average bid and asked price of such common equity, as of the
last business day of the registrant’s most recently completed second fiscal
quarter.





Not
Applicable




DOCUMENTS INCORPORATED BY
REFERENCE




Not
Applicable







PART I
  Item 1.
Business.
 Omitted.
 
 Item 1A. Risk
Factors.
 Omitted.
 
 Item 1B. Unresolved Staff
Comments.
 None.
 
 Item 2.
Properties.
 Omitted.
 
 Item 3. Legal Proceedings.
 Omitted.
  Item 4. Submission of Matters to a
Vote of Security Holders.
 Omitted.
 
 
 PART II
 
 Item 5. Market for Registrant’s
Common Equity, Related Stockholder Matters and Issuer Purchases of Equity
Securities.
 Omitted.
 
 Item 6. Selected Financial
Data.
 Omitted.
 
 Item 7. Management’s Discussion and
Analysis of Financial Condition and Results of Operations.
 Omitted.
 
 Item 7A. Quantitative and Qualitative
Disclosures About Market Risk.
 Omitted.
 
 Item 8. Financial Statements and
Supplementary Data.
 Omitted.
  Item 9. Changes in and Disagreements
With Accountants on Accounting and Financial Disclosure.
 Omitted.
 
 Item 9A. Controls and
Procedures.
 Omitted.
 Item 9A(T). Controls and
Procedures.
 Omitted.
  Item 9B. Other
Information.
 None.
 
 PART III
  Item 10. Directors, Executive
Officers and Corporate Governance.
 Omitted.
 
 Item 11. Executive
Compensation.
 Omitted.
 
 Item 12. Security Ownership of
Certain Beneficial Owners and Management and Related Stockholder
Matters.
 Omitted.
  Item 13. Certain Relationships and
Related Transactions, and Director Independence.
 Omitted.
  Item 14. Principal Accounting Fees
and Services.
 Omitted.
 
  Item 1112(b) of Regulation AB.
Significant Obligors Financial Information.
 No single
obligor represents 10% or more of the pool assets held by this
transaction.
 Item 1114(b)(2) and 1115(b) of
Regulation AB. Significant Enhancement Provider Financial
Information.
 No entity
or group of affiliated entities provides any external credit enhancement or
other support for the certificates within this transaction.
  No entity
or group of affiliated entities provides derivative instruments with an
aggregate significance percentage of 10% or more.
 Item 1117 of Regulation AB. Legal
Proceedings.
 The
registrant knows of no material pending legal proceedings involving the issuing
entity and all parties related to the issuing entity, other than routine
litigation incidental to the duties of those respective parties.
  Item 1119 of Regulation AB.
Affiliations and Certain Relationships and Related
Transactions.
 Change in Control of
Trustee.  Effective October 1, 2007, Bank of America
Corporation, parent corporation of Bank of America, N.A. (“Bank of America”) and
Banc of America Securities LLC (“BAS”), has acquired
ABN AMRO North America Holding Company, parent company of LaSalle Bank
Corporation and LaSalle Bank National Association (“LaSalle”), from ABN
AMRO Bank N.V. (the “Acquisition”). During
the reporting period, LaSalle was the trustee for the certificates
offered pursuant to the Prospectus Supplement dated February 15, 2007 (the
“Offered
Certificates”). Subsequent
to the reporting period, U.S. Bank National Association, a national banking
association, replaced LaSalle as the trustee although LaSalle has continued to
perform custodial and certificate registrar functions and other functions as the
trustee's agent under the pooling and servicing agreement.Bank of
America is a sponsor and the master servicer with respect to the Offered
Certificates.  Its affiliates, Banc of America Commercial Mortgage
Inc. and BAS, are also the issuer and an underwriter, respectively, with respect
to the Offered Certificates.
  Item 1122 of Regulation AB.
Compliance with Applicable Servicing Criteria.  The
reports on assessment of compliance with applicable servicing criteria and
related public accounting firm attestation reports are attached hereto under
Item 15.
 The
following material instances of non-compliance are identified
therein:
  LaSalle
Bank National Association’s (“LaSalle”) Report on Assessment of Compliance with
Servicing Criteria for 2007 (the “2007 Assessment”) attached to this Report on
Form 10-K describes in Appendix B the following material instance of
noncompliance related to investor reporting:
 
 “1122(d)(3)(i)(A)
and (B) – During the Reporting Period, certain monthly investor or remittance
reports were not prepared in accordance with the terms set forth in the
transaction agreements and certain investor reports did not provide the
information calculated in accordance with the terms specified in the transaction
agreements for which certain individual errors may or may not have been
material.”  (See the 2007 Assessment for the meaning of defined terms
in the above quotation.)
 
 The
investor reporting errors identified on LaSalle’s 2007 Assessment as material
instances of noncompliance (the “Investor Reporting Errors”) included, for
example, revised delinquency, REO, foreclosure, repurchase, payoff or modified
loan counts, category indicators and/or balances.  The conclusion in
the 2007 Assessment that the Investor Reporting Errors amounted to a material
instance of noncompliance was based primarily on the aggregate number of errors
as opposed to the materiality of any one error.
 
 The
Investor Reporting Errors were generally caused by human error resulting
primarily from high volume monthly data processing demands that had to be
addressed within constricted time frames with less than a full complement of
operational staff.  Between the fourth quarter of the year ended
December 31, 2007 and the date of the 2007 Assessment, LaSalle has employed
additional operational staff to accommodate the high volume of monthly investor
reporting requirements and minimize the risk of the Investor Reporting Errors
recurring.  Other necessary controls are in place to minimize the risk
of such errors.
 
 With
respect to the specific pool assets and asset-backed securities related to the
Investor Reporting Errors, LaSalle asserts that the errors did not have, and are
not reasonably likely in the future to have, any material impact or effect on
pool asset performance, servicing of the pool assets and payments or expected
payments on the mortgage-backed securities.
 Item 1123 of Regulation AB. Servicer
Compliance Statement
 The
servicer compliance statements are attached hereto under Item
15.
 PART IV
  Item 15. Exhibits, Financial
Statement Schedules.
 (a) The
following is a list of documents filed as part of this Annual Report on Form
10-K:
 (1) Not
Applicable
 (2) Not
Applicable
 (3)  Exhibit
      Number
                  Description4.1
                  Pooling
      and Servicing Agreement, dated as of February 1, 2007, incorporated by
      reference from Exhibit 4 of the issuing entity’s Current Report on Form
      8-K filed with the Securities and Exchange Commission on March 14,
      2007.4.2
                  First
      Amendment to Pooling and Servicing Agreement.31
                  Rule
      13a-14(d)/15d-14(d) Certification33(a)
                  Report
      on assessment of compliance with servicing criteria for asset-backed
      securities, Bank of America, National Association, as Master
      Servicer33(b)
                  Report
      on assessment of compliance with servicing criteria for asset-backed
      securities, LNR Partners, Inc., as Special Servicer33(c)
                  Report
      on assessment of compliance with servicing criteria for asset-backed
      securities, Wells Fargo Bank, N.A., as a Primary
    Servicer33(d)
                  Report
      on assessment of compliance with servicing criteria for asset-backed
      securities, LaSalle Bank National Association, as Trustee and
      Custodian33(e)
                  Report
      on assessment of compliance with servicing criteria for asset-backed
      securities, CWCapital Asset Management LLC, as Special
  Servicer33(f)
                  Report
      on assessment of compliance with servicing criteria for asset-backed
      securities, Midland
      Loan Services, Inc., as a Primary Servicer34(a)
                  Attestation
      report on assessment of compliance with servicing criteria for
      asset-backed securities, Bank of America, National Association, as Master
      Servicer34(b)
                  Attestation
      report on assessment of compliance with servicing criteria for
      asset-backed securities, LNR Partners, Inc., as Special
      Servicer34(c)
                  Attestation
      report on assessment of compliance with servicing criteria for
      asset-backed securities, Wells Fargo Bank, N.A., as a Primary
      Servicer34(d)
                  Attestation
      report on assessment of compliance with servicing criteria for
      asset-backed securities, LaSalle Bank National Association, as Trustee and
      Custodian34(e)
                  Attestation
      report on assessment of compliance with servicing criteria for
      asset-backed securities, CWCapital Asset Management LLC, as Special
      Servicer34(f)
                  Attestation
      report on assessment of compliance with servicing criteria for
      asset-backed securities, Midland Loan Services, Inc., as a Primary
      Servicer35(a)
                  Servicer
      compliance statement, Bank of America, National Association, as
      Master Servicer35(b)
                  Servicer
      compliance statement, LNR Partners, Inc., as Special
      Servicer35(c)
                  Servicer
      compliance statement, Wells Fargo Bank, N.A., as a Primary
      Servicer35(d)
                  Servicer
      compliance statement, LaSalle Bank National Association, as
      Trustee35(e)
                  Servicer
      compliance statement, CWCapital
      Asset Management LLC, as Special Servicer99.1
                  Primary
      Servicing Agreement, dated as of February 1, 2007, incorporated
      by reference from Exhibit 99.1 of the issuing entity's Current Report on
      Form 8-K filed with the Securities and Exchange Commission on March 14,
      2007.99.2
                  Mortgage
      Loan Purchase and Sale Agreement dated as of February 1, 2007,
      incorporated by reference from Exhibit 99.2 of the issuing entity’s
      Current Report on Form 8-K filed with the Securities and Exchange
      Commission on March 14, 2007.99.3
                  Mortgage
      Loan Purchase and Sale Agreement dated as of February 1, 2007,
      incorporated by reference from Exhibit 99.3 of the issuing entity’s
      Current Report on Form 8-K filed with the Securities and Exchange
      Commission on March 14, 2007.99.4
                  Mortgage
      Loan Purchase and Sale Agreement dated as of February 1, 2007,
      incorporated by reference from Exhibit 99.4 of the issuing entity’s
      Current Report on Form 8-K filed with the Securities and Exchange
      Commission on March 14, 2007.
 (b) Not
applicable.


(c) Not
applicable.








SIGNATURES





Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.




Banc
      of America Commercial Mortgage Inc.Date:
      March 27, 2008
            /s/  Peter
      J. CooksonBy: Peter
      J. CooksonTitle: Senior
      Vice President of Banc of America Commercial Mortgage Inc.Senior Officer in
      Charge of Securitization of the
Depositor










EXHIBIT INDEX


Exhibit
      Number
                Description4.1
                Pooling
      and Servicing Agreement, dated as of February 1, 2007, incorporated by
      reference from Exhibit 4 of the issuing entity’s Current Report on Form
      8-K filed with the Securities and Exchange Commission on March 14,
      2007.4.2
                First
      Amendment to Pooling and Servicing Agreement.31
                Rule
      13a-14(d)/15d-14(d) Certification33(a)
                Report
      on assessment of compliance with servicing criteria for asset-backed
      securities, Bank of America, National Association, as Master
      Servicer33(b)
                Report
      on assessment of compliance with servicing criteria for asset-backed
      securities, LNR Partners, Inc., as Special Servicer33(c)
                Report
      on assessment of compliance with servicing criteria for asset-backed
      securities, Wells Fargo Bank, N.A., as a Primary
    Servicer33(d)
                Report
      on assessment of compliance with servicing criteria for asset-backed
      securities, LaSalle Bank National Association, as Trustee and
      Custodian33(e)
                Report
      on assessment of compliance with servicing criteria for asset-backed
      securities, CWCapital Asset Management LLC, as Special
  Servicer33(f)
                Report
      on assessment of compliance with servicing criteria for asset-backed
      securities, Midland
      Loan Services, Inc., as a Primary Servicer34(a)
                Attestation
      report on assessment of compliance with servicing criteria for
      asset-backed securities, Bank of America, National Association, as Master
      Servicer34(b)
                Attestation
      report on assessment of compliance with servicing criteria for
      asset-backed securities, LNR Partners, Inc., as Special
      Servicer34(c)
                Attestation
      report on assessment of compliance with servicing criteria for
      asset-backed securities, Wells Fargo Bank, N.A., as a Primary
      Servicer34(d)
                Attestation
      report on assessment of compliance with servicing criteria for
      asset-backed securities, LaSalle Bank National Association, as Trustee and
      Custodian34(e)
                Attestation
      report on assessment of compliance with servicing criteria for
      asset-backed securities, CWCapital Asset Management LLC, as Special
      Servicer34(f)
                Attestation
      report on assessment of compliance with servicing criteria for
      asset-backed securities, Midland Loan Services, Inc., as a Primary
      Servicer35(a)
                Servicer
      compliance statement, Bank of America, National Association, as
      Master Servicer35(b)
                Servicer
      compliance statement, LNR Partners, Inc., as Special
      Servicer35(c)
                Servicer
      compliance statement, Wells Fargo Bank, N.A., as a Primary
      Servicer35(d)
                Servicer
      compliance statement, LaSalle Bank National Association, as
      Trustee35(e)
                Servicer
      compliance statement, CWCapital
      Asset Management LLC, as Special Servicer99.1
                Primary
      Servicing Agreement, dated as of February 1, 2007, incorporated
      by reference from Exhibit 99.1 of the issuing entity's Current Report on
      Form 8-K filed with the Securities and Exchange Commission on March 14,
      2007.99.2
                Mortgage
      Loan Purchase and Sale Agreement dated as of February 1, 2007,
      incorporated by reference from Exhibit 99.2 of the issuing entity’s
      Current Report on Form 8-K filed with the Securities and Exchange
      Commission on March 14, 2007.99.3
                Mortgage
      Loan Purchase and Sale Agreement dated as of February 1, 2007,
      incorporated by reference from Exhibit 99.3 of the issuing entity’s
      Current Report on Form 8-K filed with the Securities and Exchange
      Commission on March 14, 2007.99.4
                Mortgage
      Loan Purchase and Sale Agreement dated as of February 1, 2007,
      incorporated by reference from Exhibit 99.4 of the issuing entity’s
      Current Report on Form 8-K filed with the Securities and Exchange
      Commission on March 14,
2007.