Our Story

Valencia Realty Capital » Company

Trust. The Process.™

Many real estate entrepreneurs, and capital sources alike, struggle to navigate the capital markets to find reliable partners. Having financed many hundreds of millions of dollars in deals, and billions collectively, we know how to avoid common pitfalls, uncertainties and misunderstandings that can often derail opportunities. Our expert team has engineered a world-class capital matching process with a simple, 3-step approach. You’ll avoid wasting time and end up with refreshingly simplified deal flows and trustworthy partners.


Who We Are

We are a premier capital markets intermediary dedicated to helping clients successfully chart their course.


What We Do

By thoughtfully structuring transactions and navigating capital markets, we offer commercial real estate sponsors innovative solutions and competitive terms.


Why We Do It

Enterprising real estate entrepreneurs are the core value creators of the real estate industry yet have a lack of viable financing options in today’s marketplace. We’re here to change that.


Meet Our Team

Stephen Smeke

Stephen Smeke

Managing Director

Mr. Smeke founded Valencia Realty Capital (“VRC”) in 2013 after recognizing the substantial inefficiencies faced by established yet entrepreneurial real estate developers and operators in the equity and debt capital markets. His leadership is characterized by a commitment to a first principles approach in institutionalizing the capital matchmaking process, striving for a refined and reliable experience for both investors and sponsors alike. Since starting VRC, the company has facilitated many hundreds of millions of dollars in debt & equity transactions across the spectrum of CRE asset classes, fulfilling mandates for dozens of esteemed family offices and institutional investor relationships. He holds a magna cum laude degree in Finance from the University of Massachusetts Lowell. Stephen is a proud resident of St. Petersburg, FL where he enjoys the sunshine with his wife and son.

Alex Riccio

Alex Riccio

Partner, Director

Mr. Riccio joined Valencia Realty Capital in 2017, and leads VRC’s underwriting, transaction marketing, and capital markets efforts. Prior to VRC, Mr. Riccio worked as a senior analyst for the top producing investment sales office at CBRE’s New York Institutional Sales Group. While at CBRE, Alex underwrote over $2 billion in real estate transactions and in 2016 was part of the #1 ranked investment sales team in CBRE worldwide. Prior to CBRE, Alex was a portfolio analyst at GE Capital Real Estate evaluating multifamily, office, industrial and hospitality assets. Mr. Riccio completed his undergraduate degree at Providence College where he majored in Finance and minored in Computer Science. Mr. Riccio is an accomplished deal maker and commands notable expertise on even the most complex situations. Mr. Riccio resides in Hanover, MA with his wife and two kids, and enjoys hockey, boxing, and MMA.

Jacob Felger

Jacob Felger


Jacob joined the Valencia team in 2022, after graduating from Washington University in St. Louis with a degree in economics and computer science. Jacob has underwritten over $250 million of structured capital solutions across multifamily, industrial, hospitality, retail, office, and other specialty CRE assets for Valencia’s clients. In his spare time, Jacob enjoys golfing with friends and visiting his family in Miami Beach, FL.

William Mettler

William Mettler


As a financial analyst for VRC, Will Mettler is responsible for evaluating and uncovering capital placement opportunities. Mr. Mettler assists in the business development efforts of VRC, streamlining business processes and managing marketing initiatives. He graduated from the University of Colorado Boulder and is an Eagle Scout of the Boy Scouts of America.

What Our Clients Are Saying

Very knowledgeable and dependable. Valencia has been able to get the deals done that others could not. Every transaction I have done with them has been executed with certainty, precision and care throughout the process.

– Adam, Real Estate Developer, Boston, MA

Our Blogs

Check out our blogs for the latest information about financing and how we can help you.


+1 978-255-3018




200 Central Avenue, Floor 4
St. Petersburg, FL 33701