LOS ANGELES, Sept. 5, 2024 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust ("REIT") focused on creating value by investing in and operating industrial properties throughout infill Southern California, today announced that the Company will present at the Barclays 22nd Annual Global Financial Services Conference on September 9, 2024 at 9 a.m. EDT. The Company will also present at the Bank of America Securities 2024 Global Rea ...

ISerg Many REITs remain bargains despite the recent uptick in price in anticipation of a rate cut in September. That's likely because the market is still latched onto high-flying growth stocks that pay investors little to no yield for holding on to them. A better idea may be to get both meaningful income and growth at the same time. This brings me to Rexford Industrial (NYSE:REXR), which currently offers a 3.3% yield and growth prospects to boot. I last covered REXR in February, noting its strong track reco ...

These stocks have some qualities Buffett likes to see but are too small to be Berkshire investments. There are some characteristics Warren Buffett looks for when selecting stocks for Berkshire Hathaway's (BRK.A 0.74%) (BRK.B 0.86%) portfolio -- stable cash flows, competitive advantages, and good management are some examples. But he also needs a company to be large enough to make an impact on Berkshire's portfolio. In this video, Fool.com contributors Tyler Crowe and Matt Frankel discuss two stocks that coul ...

This REIT is down materially from its 2022 highs, but it continues to operate at a high level as it benefits from a unique regional focus. Rexford Industrial (REXR 1.60%) is offering a 3.3% dividend yield today, which is more than twice the yield of the S&P 500 index. It has increased its dividend annually for a decade and at a rapid pace of more than 10% a year. The stock is still 40% below the highs reached in 2022, despite continued strong operating performance. Here's why you might want to buy this real ...

Feverpitched/iStock via Getty Images Introduction Rexford Industrial (NYSE:REXR) is one of the favorite REITs here on Seeking Alpha. And while most authors focus on the potential capital gains and dividend yield of the common units, I discussed the REIT's preferred shares in an article last year. As the REIT has published financial results on four more quarters since my previous article was published, I thought it's about time to review the REIT's financial performance to see if the preferred shares still o ...

halbergman/E+ via Getty Images Introduction Close to 50% of my portfolio is invested in stocks from the industrial sector. This includes mainly wide-moat companies like anti-cyclical defense contractors, Class I railroads, machinery producers, suppliers of building materials, and others. As the S&P 500 has roughly 8.5% industrial exposure, my 50% exposure looks like a lot. However, less than half of these companies are cyclical, and all companies have business models that make them stand out in a way. That' ...

Of course, it's not realistic for the average investor to mimic the aforementioned strategy, and perhaps a more realistic one would be to adopt Buffett's strategy of picking individual stocks that have inherent strengths and are undervalued. While Buffett himself advocates for the average investor to just buy the S&P 500 Index (SPY). He himself doesn't adopt that strategy because he's not content with average returns. In this article, I discuss 2 dividend stocks with strong business models and are undervalu ...

In March 2024, we issued $575.0 million in aggregate principal amount of 4.375% exchangeable senior unsecured notes due 2027 (the "2027 Exchangeable Notes") and $575.0 million in aggregate principal amount of 4.125% exchangeable senior unsecured notes due 2029 (the "2029 Exchangeable Notes" and together with the 2027 Exchangeable Notes, the "Exchangeable Notes"). The net proceeds from the issuance, after deducting the initial purchasers' discounts, underwriting commissions and other offering expenses, were ...

财务数据和关键指标变化 - 公司第二季度FFO每股为0.60美元,同比增长11% [44] - 同店NOI同比增长6%,现金同比增长9.1%,主要由于过去12个月租金上涨61%和43% [45] - 公司租户基础保持强劲和抗风险能力,坏账占收入比例为30个基点 [46] 各条业务线数据和关键指标变化 - 公司在第二季度完成了230万平方英尺的租赁活动,净租金上涨率为68%,现金上涨率为49% [15] - 公司同店组合的占用率上升70个基点至97.3% [16] 各个市场数据和关键指标变化 - 公司所在的南加州内陆市场需求基本面依然强劲,是全美最具长期供需失衡的主要工业市场之一 [18][19] - 高质量、功能性强的中小型空间相比老旧产品表现更出色,出现明显分化 [19][28] 公司战略和发展方向及行业竞争 - 公司专注于南加州内陆地区中小型工业物业的价值创造,未来三年内部增长潜力巨大 [22][23][24] - 公司未来三年内部现金NOI有望增长35%,主要来自于资产改造提升和租金上涨 [24][53] - 公司在资产收购方面保持谨慎,专注于质量和现金流增长 [64][65][66] 管理层对经营环境和未来前景的评论 - 尽管面临宏观经济不确定性,但公司所在的南加州内陆工业市场依然相对抗风险 [17][18] - 公司看好未来市场租金增长的基础,租户续租意愿强烈,合同租金年涨4% [21] - 管理层对未来三年内部增长前景充满信心,预计FFO每股年均增长11%-13% [109][110] 其他重要信息 - 公司计划提拔首席运营官,并正在招聘首席财务官 [67][68][69][71] - 公司二季度完成了1.7亿美元的资产收购,平均初始收益率为5.8% [39] - 公司有4.2万平方英尺的价值提升和再开发项目在进行或即将启动 [43] 问答环节重要的提问和回答 问题1 **Nick Joseph 提问** 询问公司未来收购意向和机会 [63] **Michael Frankel 回答** 公司收购意向专注于质量和现金流增长,不会设定收购规模目标 [64][65][66] 问题2 **Blaine Heck 提问** 询问市场租金增长的潜在催化因素和时间点 [82] **Michael Frankel 回答** 虽然时间点难以预测,但公司看好南加州内陆市场的长期基本面支撑租金增长 [83][84][85][86][87] 问题3 **Vikram Malhotra 提问** 询问公司未来3年FFO增长预期是否可以维持 [103][108] **Laura Clark 回答** 公司仍然有信心未来3年FFO每股年均增长11%-13% [109][110]

Realized & Future Value Creation From Repositioning & Redevelopment1 Cumulative Projected Net Value Creation by 2026 Repositioning & Redevelopment In-Process & Pipeline (expected to start within 18 months) Investor Presentation July 2024 www.rexfordindustrial.com Rexford Industrial Realty NYSE: REXR Forward Looking Statements 12822 MONARCH STREET, GARDEN GROVE 2 This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We caution inve ...