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 & direct lender 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 in 2013 after recognizing that real estate entrepreneurs were underserved in the capital markets. His strategic vision is to drive efficiency and certainty to the capital matching process, simplifying the experience for investors and borrowers alike. With a wealth of experience in advising family offices, high-net worth investors, entrepreneurs, and institutions, he has financed many hundreds of millions of dollars in transactions across the spectrum of real estate asset classes. Mr. Smeke obtained his undergraduate degree in Finance at the University of Massachusetts Lowell. Stephen is enthusiastic about growing an organization to help real estate entrepreneurs and investors at all levels succeed.

Alex Riccio

Alex Riccio

Director of Transactions

Prior to joining Valencia Realty Capital in 2017, Mr. Riccio was working 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.

Steven Jones

Steven Jones

Senior Vice President

Mr. Jones has spent his entire 30+ year career in commercial real estate finance. He has been directly responsible for structuring, marketing and closing more than $500 million in financing on all types of commercial real estate including hands-on asset management of a loan portfolio greater than $200 million. He has worked for several institutional lenders such as Fleet Bank, GE Capital, Wachovia Bank, Regions Bank, RBC Centura and others. Steve received his B.A. from the University of Virginia, and brings great attention to detail and institutional underwriting expertise to the organization.

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




433 Central Avenue, Suite 400
St. Petersburg, FL 33701