Deutsche Bank is securitizing a portion of a loan used to purchase an office building on Manhattan’s Westside, according to rating agency reports.

COMM 2016-787S Mortgage Trust is backed by a $640 million portion of a $780 million loan secured by 787 7th Ave., a 1.7 million-square-foot, 50-story class A office building. The property was built in 1985 and initially served as the headquarters for the Equitable Life Assurance Society of the United States, the predecessor of AXA.

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