Using the Web to structure commercial real estate transactions just got easier — and safer.
On September 13, Real Capital Markets (RCM1) launched its upgraded Web site with a slew of new online tools for commercial real estate investors and brokers. Among the upgraded features is Virtual Deal Room (VDM) technology that offers secure online document storage and transaction management functions. By speeding up download times by more than 700%, RCM1 CEO Steve Alter says that VDM will significantly cut transaction times down. Customized property marketing is also provided by the upgraded site. “We are the only organization in the industry that provides a full one-stop shop of services that connect institutional real estate owners and investors and the capital markets,” adds Alter. Carlsbad, Calif.-based RCM1 is the Internet’s only “broker-neutral” host in providing principals, brokers, bankers and equity sources with a web-based forum to close transactions.
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