Described by founder Olga Korleva as a “Bloomberg-like platform for private CRE markets,” Monetarex is a multifaceted tool designed with the intent to streamline the deal sourcing, sponsor due diligence, market research and communication practices of commercial real estate professionals from a variety of different industry disciplines, including:
- financial advisors
- private equity firms
- investment banks
- service providers
It offers users the latest market intelligence on the activities of more than 1,000 private real estate firms by scanning thousands of publicly available news sources and government filings.
Monetarex also aspires to be more than just a database for information. It has its own private user network, which allows real estate professionals to collaborate in secure deal rooms so they can confidentially share and develop investment strategies based on insight gathered from the platform’s analysis of the latest trends occurring throughout the industry.
Overall, Monetarex offers users the following benefits:
- the ability to target investment opportunities based on a set of predetermined requirements
- the ability to promote deals to specific networks of investors
- real-time data alerts
- a secure messaging platform that can be used to maintain and expand dealflow
Users can join the Monetarex network for free, but access to the database is available to paid subscribers only. Monthly subscriptions range from $49-$399 depending on the range of services that are desired.
Whether or not Monetarex will prove useful to you depends on how much you trust the reliability of its algorithm in comparison to your own methods of data collection. Because access to the private network is free, anyone’s welcome to join, connect, and wheel and deal.
Visit the Monetarex website: http://www.monetarex.com