Eric R. Spence

Eric R. Spence

Ragsdale Liggett PLLC

Recognized since 2011

Raleigh, North Carolina

Practice Areas

Real Estate Law

Lawyer of the Year Badge - 2012 - Litigation - Real Estate
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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.


  • 2840 Plaza Place, Suite 400-401
    Raleigh, NC 27612


  • Wake Forest University , J.D., graduated 1982
  • The University of North Carolina at Chapel Hill, BA, graduated 1979

Bar Admissions

  • North Carolina, North Carolina Bar Association


  • American Bar Association - member
  • NC Bar Association - Real Estate Section
  • NC Land Title Association (NCLTA) - Attorney Section, 2009-12

State Clerkships

  • North Carolina - Trial Courts

Lawyer of the Year Badge - 2012 - Litigation - Real Estate

Named "Lawyer of the Year" by Best Lawyers® for:

  • Litigation - Real Estate, Raleigh (2012)

Recognized in The Best Lawyers in America® 2022 for work in:

  • Real Estate Law

Special Focus

  • Commercial
  • Tax Certiorari


  • LexisNexis Martindale-Hubbell AV Preeminent peer review rated
  • Legal Elite, 2006, 2012-13 Business North Carolina Magazine

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 Estate

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

Commercial Real Estate

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

Commercial Real Estate

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

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