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The Real Capital Markets executive team is comprised of experienced professionals
in business management, technology, marketing, sales, and finance.
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Stephen Alter – Co-Founder / CEO
Stephen J. Alter co-founded Real Capital Markets in 1999. Mr. Alter has 20 years 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 Alter 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 State of New York.
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Tina Lichens – Managing Director
Tina Lichens oversees both operations and finance for RCM1. In her role as Managing Director, Tina also
provides strategic direction for all business units and maintains key partner and client relationships.
Prior to serving as Managing Director, Tina was 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 substantial 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.
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Steve Shanahan – Managing Director
As 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 have helped fuel
RCM1's “white hot” growth of 710% over the last 6 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.
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Chris Babcock – Vice President, Technology
With more than 13 years 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 technology
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 / Lean Development practices to deliver
commercial software applications.
Chris earned his B.S. in Computer Science from the University of California, San Diego.
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