10-D 1 msc07h12_10d-200709.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-D ASSET-BACKED ISSUER DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the monthly distribution period from: August 15, 2007 to September 14, 2007 Commission File Number of issuing entity: 333-143623-02 Morgan Stanley Capital I Trust 2007-HQ12 (Exact name of issuing entity as specified in its charter) Commission File Number of depositor: 333-143623 Morgan Stanley Capital I Inc. (Exact name of depositor as specified in its charter) Morgan Stanley Mortgage Capital Holdings LLC successor-in-interest by merger to Morgan Stanley Mortgage Capital, Inc. (Exact name of sponsors as specified in its charter) New York (State or other jurisdiction of incorporation or organization of the issuing entity) 54-2200343 54-2200344 54-2200345 54-6755320 54-6756570 54-6756571 54-6756572 (I.R.S. Employer Identification No.) c/o Wells Fargo Bank, N.A. 9062 Old Annapolis Road Columbia, MD 21045 (Address of principal executive offices of the issuing entity) (Zip Code) (410) 884-2000 (Telephone number, including area code) Not Applicable (Former name, former address, if changed since last report) Registered/reporting pursuant to (check one) Title of Section Section Section Name of Exchange Class 12(b) 12(g) 15(d) (If Section 12(b)) A-1 ______ ______ ___X___ ___________ A-1A ______ ______ ___X___ ___________ A-2 ______ ______ ___X___ ___________ A-2FL ______ ______ ___X___ ___________ A-3 ______ ______ ___X___ ___________ A-4 ______ ______ ___X___ ___________ A-5 ______ ______ ___X___ ___________ A-M ______ ______ ___X___ ___________ A-MFL ______ ______ ___X___ ___________ A-J ______ ______ ___X___ ___________ A-JFL ______ ______ ___X___ ___________ B ______ ______ ___X___ ___________ C ______ ______ ___X___ ___________ D ______ ______ ___X___ ___________ E ______ ______ ___X___ ___________ F ______ ______ ___X___ ___________ G ______ ______ ___X___ ___________ H ______ ______ ___X___ ___________ J ______ ______ ___X___ ___________ K ______ ______ ___X___ ___________ L ______ ______ ___X___ ___________ M ______ ______ ___X___ ___________ N ______ ______ ___X___ ___________ O ______ ______ ___X___ ___________ P ______ ______ ___X___ ___________ Q ______ ______ ___X___ ___________ S ______ ______ ___X___ ___________ T ______ ______ ___X___ ___________ R-I ______ ______ ___X___ ___________ R-II ______ ______ ___X___ ___________ R-III ______ ______ ___X___ ___________ X ______ ______ ___X___ ___________

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. Yes __X__ No ____ Part I - DISTRIBUTION INFORMATION Item 1. Distribution and Pool Performance Information On September 14, 2007 a distribution was made to holders of Morgan Stanley Capital I Trust 2007-HQ12. The distribution report is attached as an Exhibit to this Form 10-D, please see Item 9(b), Exhibit 99.1 for the related information. Part II - OTHER INFORMATION Item 6. Significant Obligors of Pool Assets. The Columbia Center mortgage loan constitutes a significant obligor within the meaning of Item 1101(k)(2) of Regulation AB and as disclosed in the prospectus supplement for the Morgan Stanley Capital I Trust 2007-HQ12. In accordance with Item 1112(b) of Regulation AB, the most recent unaudited net operating income of the significant obligor was $5,183,791 for the three months ended June 30, 2007. Item 9. Exhibits. (a) The following is a list of documents filed as part of this Report on Form 10-D: (99.1) Monthly report distributed to holders of Morgan Stanley Capital I Trust 2007-HQ12, relating to the September 14, 2007 distribution. (b) The exhibits required to be filed by the Registrant pursuant to this Form are listed above and in the Exhibit Index that immediately follows the signature page hereof. SIGNATURES Pursuant to the requirements 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. Morgan Stanley Capital I Inc. (Depositor) /s/ Anthony Sfarra Anthony Sfarra, Vice President Date: September 28, 2007 EXHIBIT INDEX Exhibit Number Description EX-99.1 Monthly report distributed to holders of Morgan Stanley Capital I Trust 2007-HQ12, relating to the September 14, 2007 distribution. EX-99.1 Wells Fargo Bank, N.A. Corporate Trust Services 8480 Stagecoach Circle Frederick, MD 21701-4747 Morgan Stanley Capital I Inc. Commercial Mortgage Pass-Through Certificates Series 2007-HQ12 For Additional Information, please contact CTSLink Customer Service 1-866-846-4526 Reports Available @ www.ctslink.com/cmbs Payment Date: September 14, 2007 Record Date: August 31, 2007 Determination Date: September 10, 2007 DISTRIBUTION DATE STATEMENT Table of Contents STATEMENT SECTIONS PAGE(s) Certificate Distribution Detail 2 Certificate Factor Detail 3 Reconciliation Detail 4 Other Required Information 5 Cash Reconciliation 6 Ratings Detail 7 Current Mortgage Loan and Property Stratification Tables 8 - 16 Mortgage Loan Detail 17 - 20 NOI Detail 21 - 23 Principal Prepayment Detail 24 Historical Detail 25 Delinquency Loan Detail 26 Specially Serviced Loan Detail 27 - 28 Advance Summary 29 Modified Loan Detail 30 Historical Liquidated Loan Detail 31 Historical Bond/Collateral Loss Reconciliation Detail 32 Interest Shortfall Reconciliation Detail 33 - 34 Supplemental Reporting 35 Depositor Morgan Stanley Capital I Inc. 1585 Broadway New York, NY 10036 Contact: General Information Number Phone Number: (212) 761-4700 Master Servicer Wells Fargo Bank, N.A. 1320 Willow Pass Road, Suite 300 investorreporting@wellsfargo.com Concord, CA 94520 Contact: Myung J. Nam Phone Number: Special Servicer LNR Partners, Inc. 1601 Washington Avenue Suite 700 Miami Beach, FL 33139 Contact: Randy Wolpert Phone Number: (305) 695-5628 This report has been compiled from information provided to Wells Fargo Bank, N.A. by various third parties, which may include the Servicer, Master Servicer, Special Servicer and others. Wells Fargo Bank, N.A. has not independently confirmed the accuracy of information received from these third parties and assumes no duty to do so. Wells Fargo Bank, N.A. expressly disclaims any responsibility for the accuracy or completeness of information furnished by third parties. Copyright 2007, Wells Fargo Bank, N.A.

Appraisal Reduction Amount None Cash Reconciliation Detail Total Funds Collected Interest: Scheduled Interest 9,526,328.92 Interest reductions due to Nonrecoverability Determinations 0.00 Interest Adjustments (805.37) Deferred Interest 0.00 Net Prepayment Interest Shortfall 0.00 Net Prepayment Interest Excess 0.00 Extension Interest 0.00 Interest Reserve Withdrawal 0.00 Total Interest Collected 9,525,523.55 Principal: Scheduled Principal 184,122.55 Unscheduled Principal 0.00 Principal Prepayments 0.00 Collection of Principal after Maturity Date 0.00 Recoveries from Liquidation and Insurance Proceeds 0.00 Excess of Prior Principal Amounts paid 0.00 Curtailments 0.00 Negative Amortization 0.00 Principal Adjustments 0.00 Total Principal Collected 184,122.55 Other: Prepayment Penalties/Yield Maintenance 0.00 Repayment Fees 0.00 Borrower Option Extension Fees 0.00 Equity Payments Received 0.00 Net Swap Counterparty Payments Received 128,038.87 Total Other Collected: 128,038.87 Total Funds Collected 9,837,684.97 Total Funds Distributed Fees: Master Servicing Fee 41,106.37 Trustee Fee - LaSalle Bank, N.A. 808.42 Paying Agent Fee - Wells Fargo Bank, N.A. 0.00 Insurer Fee 0.00 Miscellaneous Fee 0.00 Total Fees 41,914.80 Additional Trust Fund Expenses: Reimbursement for Interest on Advances 0.00 ASER Amount 0.00 Special Servicing Fee 0.00 Rating Agency Expenses 0.00 Attorney Fees & Expenses 0.00 Bankruptcy Expense 0.00 Taxes Imposed on Trust Fund 0.00 Non-Recoverable Advances 0.00 Other Expenses 0.00 Total Additional Trust Fund Expenses 0.00 Interest Reserve Deposit 0.00 Payments to Certificateholders & Others: Interest Distribution 9,611,647.60 Principal Distribution 184,122.55 Prepayment Penalties/Yield Maintenance 0.00 Borrower Option Extension Fees 0.00 Equity Payments Paid 0.00 Net Swap Counterparty Payments Paid 0.00 Total Payments to Certificateholders & Others 9,795,770.15 Total Funds Distributed 9,837,684.95

Morgan Stanley Capital I Trust 2007-HQ12 10-D