Scott M. Holmes

Member

(910) 218-7240
(910) 763-6561

Areas of Practice Agribusiness Real Estate & Development

Mr. Holmes is primarily involved in business transactions with a focus on commercial and residential real estate.  He has broad experience in the acquisition, development, leasing, sale, finance and obtaining of entitlements for real estate of all types, including raw land.  He has also been selected for inclusion in The Best Lawyers in America®, in the Real Estate Law category.  Some larger projects he has worked on include: development of several large scale (1500+ acres) planned unit developments; the development, leasing and management of a 157 acre commercial complex with national and big box tenants; a $27 million joint venture for an apartment development; the sale and purchase of commercial buildings, including a 50,000 square foot downtown office tower, a 500,000 square foot industrial complex, a 300,000 square foot retail shopping center, and several golf courses; financing and refinancing of a $54.5 million acquisition for a commercial project in Raleigh, North Carolina; the workout and unwind of a synthetic lease structure for a major headquarters building; and the development of a 1,000 megawatt natural gas fired co-generation power plant.  He is currently involved in real estate projects throughout North Carolina, with a focus on New Hanover, Brunswick, Pender and surrounding counties.  He also has extensive experience with local land use issues, including public hearings for rezoning and special use proceedings.  He has represented clients in the sale and purchase of both raw land and previously improved property, the completion of mortgage loans and secured credit facilities, the leasing of office, retail, industrial and general commercial space, and the development of commercial and residential property, including subdivisions and condominiums.  He has also worked with developers and homeowners’ associations in regard to community covenants and amendments, transition issues, and resolution of disputes.  Prior to joining Murchison, Taylor & Gibson, PLLC, Mr. Holmes practiced commercial real estate law at large firms located in downtown Houston, Texas and Chicago, Illinois.

Professional Experience

  • $54.5 million acquisition financing for a mixed use project encompassing approximately 40 acres, representing the lender.
  • $29.5 million acquisition of a portfolio of retail shopping centers across multiple states, representing the buyer/developer.
  • $27 million joint venture for a multifamily apartment development, representing the landowner.
  • $25 million credit facility secured by multiple retail commercial buildings, representing the owner/borrower.
  • $23 million financing for phased acquisition of multiple residential builder lots encompassing approximately 500 acres, representing the borrower/developer.
  • Representation of developers of large scale planned unit developments for numerous subdivisions.
  • Landlord representation for a lease of 400,000 square feet for tenant’s headquarters location.
  • Simultaneous foreclosure of facilities in seven counties relating to a $56 million loan by a health care lender.
  • Developer acquisition of properties ranging from raw, rural land to major commercial office buildings, several golf courses, packages of convenience stores, and numerous other projects.
  • Lender representation in secured loans, ranging from less than $1 million to $50 million and more.

Professional Activities & Affiliations

  • North Carolina Bar Association: Real Property Section; Zoning, Planning and Land Use Section
  • North Carolina Bar Association, Real Property Section Council member, 2012-2015
    • Chair of Membership Committee, 2014-2015
    • Co-Chair of Communications Committee, 2014-2015
    • Chair of Consumer Protection Committee, 2013-2014
    • Member of Ethics Committee, 2012-2013
  • New Hanover County Bar Association: Member
  • Licensed North Carolina Real Estate Broker

Community Activities and Affiliations

  • Leadership Wilmington; Class of 2009
  • Friends School of Wilmington, Board of Trustees, 2012-2015

Honors & Awards

  • Selected for inclusion in The Best Lawyers in America® 2021, Real Estate Law

Education

Bar & Court Admissions

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