CRE Pros Can Peak Inside the World of Finance

Considering the current state of the economy, it’s not surprising that finance professionals are looking for answers. And given the level of anger that most Americans have about the financial meltdown, they may prefer to share their issues online. According to a USA Today/Gallup poll released earlier this month, 53% of Americans describe themselves as “angry” about the financial crisis gripping the nation.

But now bankers and related professionals have a new place to share their issues, best practices, deals and even job vacancies–and commercial real estate professionals are welcome to drop in. The venue is a social networking site called Bankers Avenue. It was founded by a Monaco-based banker, who says he wanted to give bankers and financiers around the world opportunities to share both experiences and emotions as the credit crisis continues.

“It’s an informal place to talk about serious things, a one-stop-shop for all information related to the financial industry,” states founder Emiliano Caradonna, trader at Compagnie Monégasque de Banque, one of the leading banks of the Principality of Monaco. For CRE pros, it’s an opportunity to network with and observe potential deal makers and breakers, the bankers and lenders.