Commercial real estate company Newmark Group was completely spun out of BGC Partners, Inc. on November 30th, 2018.
Fears of higher interest rates and the anticipation of weak holders following the distribution conspired to halve the value of Newmark in the back half of 2018.
The share have risen nicely in 2019 and have seen some insider buying and offer more than reasonable valuation and yield.
A full investment analysis on this "off the radar" real estate services concerns is provided in the paragraphs below.
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