Charles S. Sanger

Legal Assistant
Brenda Farmer
P: 615.252.3518
Charlie has assisted creditors, owners, investors and manufacturers in all aspects of commercial finance projects.  Charlie also advises officers of regulated and financial institutions on a regular basis regarding regulatory and compliance matters.
Representative Experience
  • General Experience
    • Assisting Creditors in Collection, Workout and/or Foreclosure
      Assisting creditors in the collection, workout and/or foreclosure of over 300 commercial projects. This includes obtaining the appointment of receivers and work in connection with Chapter 11 proceedings.

      Assisting Lenders with Individual Real Estate Dispositions
      Assisting lenders with individual real estate dispositions (he has also coordinated the packaged sale of over 100 OREO properties in 4 different sates).

      Assisting Real Estate Developers
      Assisting real estate developers in connection with the acquisition, development and financing of over 15 commercial shopping centers.

      Assisting Lenders and Borrowers
      Assisting lenders and borrowers in all facets of documenting and closing over 200 commercial credit facilities.

      Assisting Lenders in Mezzanine Financing Transactions
      Assisting lenders in over 20 mezzanine financing transactions.

      Wells Fargo Bank, NA, as trustee for the registered holders of Credit Suisse First Boston Mortgage Securities Corp., Commercial Mortgage Pass-Through Certificates, series 2005-C6, v. Maruti Somerset Park, LLC, et al.
      Special Servicer hired us to obtain an emergency receivership over the objection of the borrower for this apartment complex and to assert multi-million dollar claims against the guarantors, as well as the sub-servicer and master servicer for breach of duties arising out of a pooling and servicing agreement.

      Wells Fargo Bank, National Association, as trustee for the registered holders of ML-CFC Commercial Mortgage Trust 2006-3, Commercial Mortgage Pass-Through Certificates, Series 2006-3 v. VNM Memphis, LLC
      We obtained an emergency receivership of this franchised hotel and successfully transitioned the hotel to a receiver with hospitality experience without losing the flag.

      Acquisition of Defaulted Real Estate Loans
      Represented distressed asset investor in acquisition of over $10 million in defaulted real estate loans.

      Acquisition of Real Estate Secured Loans
      Represented investors in distressed debt in acquiring loans secured by office building and shopping center in multiple jurisdictions.

      Complex Foreclosure Transaction
      Represented secured creditors in foreclosing on complex residential and commercial condominium project involving syndicated loans, discounted payoff transactions, and dealing with foreclosure transactions.

      Discounted Payoff Negotiations and Resource Liability Representation
      Represented borrowers and special servicers in transactions involving discounted payoff negotiations and recourse liability issues.

      Sale of Commercial Loan Pool
      Represented regional financial institution in sale of defaulted commercial loan pool.

      Sale of Defaulted Real Estate Loans
      Represented lead lender in sale of $30 million in defaulted real estate loans involving tax credits for affordable housing project.