Eric R. Spence - Ragsdale Liggett PLLC

Eric R. Spence

Listed in Best Lawyers since 2011

Eric’s practice focuses exclusively on commercial real estate transactions, real estate development issues and lender representation in commercial foreclosure and workout situations and real estate litigation.  His experience includes development of large mixed-use commercial projects, and numerous residential neighborhoods and residential and commercial condominium projects.  He has extensive experience representing multiple lenders in North Carolina foreclosures, workouts and note sale transactions secured by North Carolina properties.  Eric handles all aspects of the real estate development process, from contract negotiation, land acquisition, construction and development financing, restrictive covenants, land planning, subdivision, construction and ultimate sale of property in a wide variety of matters.  Eric counsels clients on tactical approaches in real estate matters that ultimately enhance profitability and viability of each respective project. 

The University of North Carolina at Chapel HillBA 1979Wake Forest UniversityJ.D. 1982
American Bar AssociationNC Bar AssociationNC Land Title Association (NCLTA)

Case History

Commercial Real Estate — Borrower and lender respresentation in a variety of commercial real estate transactions with loan amounts exceeding $50 million
Grant Negotiation

Negotiated and drafted $100 million conditional grant to large aerospace company from a governmental grant provider which included government approvals from state economic regulatory agency 

Commercial Real EstateExtensive lender representation for special assets work with emphasis on forbearance, workout and commercial foreclosure transactional work

Commercial Real EstateHandled all aspects of creating multiple condominium regimes including medical office, residential and mixed-use

Commercial Real EstateCounsel to developers of mixed use projects including restrictive covenants, easements and related owner-association documents including Raleigh Wakefield development

Office Location

2840 Plaza Place, Suite 400
P.O. Box 31507
Raleigh, NC 27622
United States

Lawyer of the Year Awards

2012 Lawyer of the Year in Litigation - Real Estate of the Raleigh Metro Area
Eric R. Spence has earned a Lawyer of the Year award for 2012!

Practice Areas

Land Use and Zoning Law
Litigation - Real Estate
Real Estate Law (Commercial, Tax Certiorari)