 OverviewCharles has more than 30 years of legal experience in commercial and industrial, energy and real estate financings and asset acquisitions and dispositions. He represents lenders, borrowers and investors in senior and subordinate syndicated and non-syndicated transactions, revolving lines of credit, asset based lending, mezzanine financing, mortgage loan warehousing, loan participations, loan defaults, workouts and restructures and construction and term finance, management, leasing and purchases and sales, including for retail, office, industrial, condominium, hotel, multifamily and land development projects. Prior to joining the Firm, Charles worked in the energy, finance and real estate section of an international law firm; as Assistant General Counsel of Bank of America, N.A., where he established the banks national construction loan syndication and participation forms and real estate terms for corporate lines of credit to large real estate companies; and as Associate General Counsel with a real estate developer where he worked on leasing, building management, purchase, finance and sale matters. Memberships
- American College of Mortgage Attorneys
- Dallas Bar Association
- New York State Bar Association
- State Bar of Texas
OverviewCharles has more than 30 years of legal experience in commercial and industrial, energy and real estate financings and asset acquisitions and dispositions. He represents lenders, borrowers and investors in senior and subordinate syndicated and non-syndicated transactions, revolving lines of credit, asset based lending, mezzanine financing, mortgage loan warehousing, loan participations, loan defaults, workouts and restructures and construction and term finance, management, leasing and purchases and sales, including for retail, office, industrial, condominium, hotel, multifamily and land development projects. Prior to joining the Firm, Charles worked in the energy, finance and real estate section of an international law firm; as Assistant General Counsel of Bank of America, N.A., where he established the banks national construction loan syndication and participation forms and real estate terms for corporate lines of credit to large real estate companies; and as Associate General Counsel with a real estate developer where he worked on leasing, building management, purchase, finance and sale matters. ExperienceLender Representation Represented a national bank as lender in two loans, the first a $1 MM direct revolving credit operational loan to one of Dallas’ preeminent charitable organizations, and the second [more]Represented a national bank as lender in two loans, the first a $1 MM direct revolving credit operational loan to one of Dallas’ preeminent charitable organizations, and the second a tax driven restructure of $34 MM of additional debt to the bank from the charitable organization via two loans to a finance corporation, which were secured by loans from the bank to the charitable organization, which loans were sold by the bank to the finance corporation, and then simultaneously amended and restated and collaterally pledged to the bank to secure its loans to the finance corporation. Munsch Hardt structured the transaction which converted short term, taxable debt into long term, lower rate, non-taxable debt, benefitting the charity while preserving the bank’s original collateral. [less]Lender Representation Represented a financial holding company in a $31 MM syndicated loan to refinance the completed Phase 1 and finance the construction of Phase II of of a total 308-unit, [more]Represented a financial holding company in a $31 MM syndicated loan to refinance the completed Phase 1 and finance the construction of Phase II of a total 308-unit, multifamily project. [less]Borrower Representation Represented a developer in a $94 MM first lien construction loan and $65 MM subordinate mezzanine loan for the for the development of a downtown 18-story, [more]Represented a developer in a $94 MM first lien construction loan and $65 MM subordinate mezzanine loan for the for the development of a downtown 18-story, 500,000 square feet office building and 20,000 square feet of premium restaurant space. [less]Borrower Representation Represented a U.S. subsidiary of a South Korean manufacturer in a $20 MM revolving credit loan for acquisition of inventory and general corporate purposes, including [more]Represented a U.S. subsidiary of a South Korean manufacturer in a $20 MM revolving credit loan for acquisition of inventory and general corporate purposes, including financial covenant terms and subordination agreement - comfort letter from the parent. [less]Borrower Representation Represented a food production company that had lost a major supplier and purchaser, in the workout and repayment of a $7 MM asset based loan, including proposals [more]Represented a food production company that had lost a major supplier and purchaser, in the workout and repayment of a $7 MM asset based loan, including proposals to reduce loan size and unused fees, to reduce penalties for early prepayment and to settle with private lenders and investors. [less]Lender Representation Represented a private lender in the workout and restructure of a $21 MM land development and an $8 MM hotel loan, including, analysis of documents and [more]Represented a private lender in the workout and restructure of a $21 MM land development and an $8 MM hotel loan, including, analysis of documents and recommendations to improve collateral position, analysis and recommendations on pre-negotiation agreements, forbearance agreements, property tax financing, franchise agreement rights and foreclosure preparations, and preparation of default letters and modification agreements. [less]Borrower Representation Represented a commercial real estate services company as the borrower of a $15 MM construction loan for an office building. Munsch Hardt also represented the [more]Represented a commercial real estate services company as the borrower of a $15 MM construction loan for an office building. Munsch Hardt also represented the borrower in the purchase of the property and organization of the borrower, including tax and partnership issues. [less]Lender Representation Represented the proprietary debt and equity banking arm of a comprehensive capital provider in a $34 MM senior financing for the development of a senior and [more]Represented the proprietary debt and equity banking arm of a comprehensive capital provider in a $34 MM senior financing for the development of a senior and assisted living project, involving an A/B Note syndication, as well as intercreditor agreements with an EB-5 mezzanine lender, and an EB-5 mezzanine bridge lender. [less]Borrower Representation Represented a steel tank company in connection with legal opinions on qualifications to do business in Texas, enforceability of loan documents governed by [more]Represented a steel tank company in connection with legal opinions on qualifications to do business in Texas, enforceability of loan documents governed by Texas law, recording of deed of trust as notice of real property lien, and filing of uniform commercial code financing statement as perfection of personal property security interest, in connection with $10 MM aggregate revolving credit, term and bridge loans, and a subsequent restructure involving the amendment, restatement and increase of $13 MM aggregate revolving and term loans. [less]Lender Representation Represented an out-of-state insurance company in evaluating and revising loan documents for compliance with Texas law, and evaluation of individual loan transaction [more]Represented an out-of-state insurance company in evaluating and revising loan documents for compliance with Texas law, and evaluation of individual loan transaction document changes for compliance with Texas law. [less]
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