The Real Deal Miami

Commercial real estate finance firm moving home office from Boston to Sarasota

Valencia Realty Capital helps developers and investors borrow money to acquire, develop and refinance income-producing property
September 16, 2018 02:05PM

Stephen Smeke

Commercial real estate finance firm Valencia Realty Capital will move its headquarters to Sarasota from Boston.

“Our presence in Florida puts us closer to a number of key stakeholders and opportunities,” Stephen Smeke, managing director of Valencia, said in a prepared statement.

The firm’s Boston office will remain open while Valencia relocates its headquarters to a new office in Sarasota.

Valencia, which began operations nearly five years ago in Boston, helps real estate investors and developers borrow money to acquire, develop or refinance commercial properties. Three principals run the firm: Smeke, Asian markets director Donald Choi and director of transactions Alex Riccio. – Mike Seemuth