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Read about RCM1's experience in the institutional real estate industry

The Real Capital Markets executive team is comprised of experienced professionals in commercial real estate, technology, marketing, sales and finance. Together they help RCM1 develop and introduce innovative, industry-leading technology for managing risk and maximizing liquidity in capital markets.

Stephen Alter - Co-Founder / Chief Executive
Officer
Stephen J. Alter co-founded Real Capital Markets in 1999. He has 20 years of experience in real estate acquisitions, finance and equity joint ventures. Working for Heitman, JMB Institutional, The Related Companies and Fairfield Residential, he was instrumental in the acquisition and capitalization of over one billion dollars in transaction value.
Stephen has a BBA degree with an emphasis on real estate finance from Southern Methodist University. He has been a licensed real estate broker since 1981 and is an active member of ICSC, NMHC, ULI and is a licensed real estate broker in the States of California and New York.
Tina Lichens - Chief Operating Officer
Tina Lichens oversees both operations and finance for RCM1. In her role as COO, Tina also provides strategic direction for all business units and maintains key partner and client relationships.
Prior to serving as COO, Tina was Managing Director and Director of Client Services where she provided leadership and maintained responsibility for the experience of all Real Capital Markets' clients. She began her career with Real Capital Markets in 2001 as Director of Research where she successfully established processes that became the foundation for RCM1's database growth, which now includes over 30,000 qualified commercial real estate investors.
Prior to joining Real Capital Markets, Tina was a senior manager at CoStar Group where she led research and COMPS report publications for the Southern California markets as well as the Southeastern region of the U.S.
Tina earned her Bachelors of Science degree from the University of California, Berkeley.
Steve Shanahan - Executive Managing
Director
As Executive Managing Director of Real Capital Markets, Steve Shanahan oversees the Company's Sales, Marketing and Research functions. In addition, he plays an integral part in the development and implementation of the company vision.
In his 6 year tenure at RCM1, Steve has forged deep relationships within the institutional real estate community and his ability to bring the demands and ideas of these relationships into a functional and usable technology platform has helped fuel RCM1's "white hot" growth over the last 8 years.
Steve earned a BBA degree in finance and a B.S. in psychology at University of Iowa and is an active member of ICSC, NMHC, ULI.
Chris Babcock - Chief Technology
Officer
With more than 15 years of experience in Information Technology, Chris Babcock is responsible for all aspects of RCM1's technology execution. His responsibilities include product development, strategic planning, vendor management, and hardware infrastructure.
Prior to joining RCM1, Chris held leadership positions with Snap-on Inc. and Encyclopædia Britannica where he established a successful track record implementing Agile and Lean Development practices to deliver commercial software applications.
Chris earned his B.S. in Computer Science from the University of California, San Diego.