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BRMK - Reopening Revival? REITs And Homebuilders Add To Rally

Real Estate Weekly Outlook

Reopening Revival? U.S. equity markets added to their reopening rally this week, ending May with gains of roughly 4% following a robust rally in April, which was the best month for stock indexes since 1987. Driving the gains over the last two months has been early signs of an economic rebound, particularly in the all-important U.S. housing market, as states and countries around the world continue to accelerate economic reopenings while new cases of coronavirus continue to decline. Concerns over domestic politics, social unrest, and U.S.-China relations took the spotlight away

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Stock Information

Company Name: Broadmark Realty Capital Inc
Stock Symbol: BRMK
Market: NYSE
Website: broadmark.com

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