Deutsche Bank has offloaded $609 million in bonds backed by commercial property loans, Bloomberg reports. This is the first sale of its type since 2007.

The sale includes seven loans on 52 properties, comprising a $225 million debt on the Hotel Del Coronado in San Diego. The top-rated securities yield 2.85 percent more than the London interbank offered rate, and mature in 4.21 years.

Click here for the story from Bloomberg.