About Silk City Capital
A fully integrated strategy for sourcing, enhancing, and scaling multifamily assets.
Silk City Capital was built around a practical thesis: compelling real estate opportunities are created when disciplined capital strategy is tightly connected to on-the-ground operational execution.
Our Mission
Capital strategy and operational execution under one roof.
Veloce Capital leads the investment strategy, structuring, and investor relations. Ania Management leads property operations, construction, and execution in the neighborhoods where Silk City invests.
Veloce Capital
Capital formation, investor communication, underwriting discipline, and institutional structuring.
Ania Management
Property operations, construction oversight, asset improvement, and neighborhood-level execution.
Track Record
Proven depth across capital and operations.
Veloce Capital
$1.7B
Transactions
$300+M
AUM
15 Years
Track Record
350+
Projects Financed
Ania Management
$2.5B
Real Estate Portfolio
7,000+
Stabilized Units
20 Years
Experience in RE
3,000+
Newly Developed Units
Stabilized
Paterson, NJ
Paterson, NJ
Paterson, NJ
Fix and Sell
Paterson, NJ
Paterson, NJ
Paterson, NJ
New Ground Up
Paterson, NJ
Paterson, NJ
Paterson, NJ
Completed Transactions
Realizing potential across transaction types.
We identify and execute on opportunities that others miss, creating significant value for our investors through strategic redevelopment.
Value-Add
Land Entitlement
Industrial to Residential Conversion
Investment
$6MM
Value Created
$10MM
Development
Multifamily Conversion
Two-Family Home to 11 Units
Investment
$1.8MM
Value Created
$3.4MM
Stabilized
Stabilized Equity
124 Unit Residential Portfolio
Investment
$3MM
Value Created
$5MM
Company Overview
Three capabilities, one integrated approach.
Silk City Capital operates as a vertically aligned partnership — combining institutional capital strategy, hands-on asset management, and disciplined execution into a single model designed to source, improve, and scale multifamily investments.
Investment Strategy
- Privately held real estate investment firm focused on value-add and opportunistic multifamily strategies.
- Institutional underwriting paired with market-specific sourcing, execution, and investor communication.
- Built to move quickly on opportunities that require both capital sophistication and local conviction.
Development & Management
- Vertically integrated operating model informed by in-house property management, construction, and maintenance expertise.
- Operational value creation through renovation, repositioning, leasing, and day-to-day execution discipline.
- Deep familiarity with Northern New Jersey block-by-block dynamics, vendors, and municipal realities.
Partnership Model
- Silk City Capital combines Veloce Capital's investment and capital-markets capabilities with Ania Management's operating expertise.
- This structure aligns investor reporting, asset strategy, and on-the-ground execution under a single partnership model.
- The result is an integrated approach to sourcing, executing, and managing multifamily opportunities from acquisition through stabilization.
Leadership
Leadership directly tied to execution on the ground.
Surf Dinani
CEO - Veloce Capital
Surf Dinani brings institutional capital markets discipline, deal structuring experience, and strategic underwriting to Silk City Capital. His focus is on capital formation, investor alignment, and scaling a repeatable multifamily investment business.
Charles Florio
CEO - Ania Management
Charles Florio brings the operating expertise behind Silk City Capital, with decades of hands-on experience in acquisition, construction oversight, property management, and neighborhood-level redevelopment across Northern New Jersey.
Board Advisors
Strategic guidance from experienced operators.
Michael Petesic
Advisor
Mike is a seasoned real estate investor and developer with a proven track record of identifying and executing high-value opportunities. He has successfully acquired and fully renovated multiple properties in Hoboken, achieving record-breaking price-per-square-foot sales. His experience also includes waterfront luxury real estate projects along the Jersey Shore, as well as ownership and investment in a mid-sized residential portfolio in Paterson. Mike brings deep market knowledge and a strong network that provides access to exclusive off-market deals. He is known for his strategic approach and consistent ability to deliver results across diverse real estate projects.
Christopher Iafelice
Advisor
Chris spent over 17 years in finance, building the analytical foundation and investment discipline that now drives his work in property development and management. A licensed Real Estate professional, he built a portfolio of over a dozen multifamily properties in Paterson, NJ — acquiring value-add assets, renovating them, and turning them into strong cash flow investments managed on behalf of his partnerships. Chris is always looking to connect with like-minded investors who share a vision for creating real, lasting value.
What Drives Us
Aligned Execution
We believe the best outcomes come from pairing capital strategy with operators who understand the asset, the block, and the tenant base.
Selective Market Focus
We concentrate on neighborhoods and submarkets where local knowledge creates an underwriting edge and operational execution materially changes outcomes.
Discipline and Transparency
Institutional reporting standards, clear investor communication, and measured growth are core to how we build long-term trust.
Neighborhood Impact
We invest in projects that improve housing quality and help reposition communities for durable long-term value creation.
Why Silk City
Our name honors a city built by operators, entrepreneurs, and long-term builders.
Silk City is the historical nickname for Paterson, New Jersey — named for the massive textile industry that once defined the city. Paterson's identity was shaped by production, industry, and reinvention. That legacy resonates with how we think about real estate: not as passive ownership, but as active execution.
The name is a nod to place, but it is not the entirety of the thesis. The broader opportunity is to apply disciplined capital and strong operations to assets and neighborhoods that can materially improve through focused stewardship.
That combination of history, local knowledge, and future-oriented execution is what the Silk City brand is meant to represent.