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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	March 15, 2007
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  	American Financial Realty Trust
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	&nbsp;
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  	Maryland
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  	001-31678
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  	020604479
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	610 Old York Road, Jenkintown, Pennsylvania
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  	19046
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	215-887-2280
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
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  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <B>
  	Item 8.01 Other Events.
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  On March 15, 2007, the Company issued a press release announcing that it has adopted a written trading plan under Rule 10b5-1 of the Securities and Exchange Act of 1934 for the purpose of repurchasing up to 2,500,000 of its common shares of beneficial interest.  The trading plan was adopted pursuant to the Company&#x2019;s previously announced authorization from its Board to repurchase up to $100 million of its common shares.  The trading plan becomes effective today and, during its term, all Company repurchases will be made pursuant to this plan. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.<br>
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  	SIGNATURES
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  	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 hereunto duly authorized.
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  	American Financial Realty Trust
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  	&nbsp;&nbsp;
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  <I>
  	March 15, 2007
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  <I>
  	By:
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  <I>
  	Edward J. Matey Jr.
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  <I>
  	Name: Edward J. Matey Jr.
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  <I>
  	Title: Executive Vice President and General Counsel
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	Description
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  	99.1
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  	&nbsp;
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  Press release dated March 15, 2007 of American Financial Realty Trust, furnished in accordance with Item 8.01 of this Current Report on Form 8-K.
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_18944.htm", "description": "LIVE FILING", "secsgml_size_bytes": 10209}]
metadata_filer: {"company-data": {"conformed-name": "AMERICAN FINANCIAL REALTY TRUST", "cik": "0001193558", "assigned-sic": "6798", "irs-number": "020604479"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-31678", "film-number": "07695163"}, "business-address": {"street1": "1725 THE FAIRWAY", "city": "JENKINTOWN", "state": "PA", "zip": "19046", "phone": "215-887-2280"}}
text: American Financial Realty Trust (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  March 15, 2007
  American Financial Realty Trust
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Maryland
  001-31678
  020604479
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  610 Old York Road, Jenkintown, Pennsylvania
  19046
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  215-887-2280
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 8.01 Other Events.
  On March 15, 2007, the Company issued a press release announcing that it has adopted a written trading plan under Rule 10b5-1 of the Securities and Exchange Act of 1934 for the purpose of repurchasing up to 2,500,000 of its common shares of beneficial interest.  The trading plan was adopted pursuant to the Company's previously announced authorization from its Board to repurchase up to $100 million of its common shares.  The trading plan becomes effective today and, during its term, all Company repurchases will be made pursuant to this plan. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
  Top of the Form
  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 hereunto duly authorized.
  American Financial Realty Trust
  March 15, 2007
  By:
  Edward J. Matey Jr.
  Name: Edward J. Matey Jr.
  Title: Executive Vice President and General Counsel
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  99.1
  Press release dated March 15, 2007 of American Financial Realty Trust, furnished in accordance with Item 8.01 of this Current Report on Form 8-K.