Rexford Industrial: Highest Dividend Yield In Over A Decade From Investment Grade Industrial REIT
Rexford Industrial Realty(REXR) Seeking Alpha·2024-12-13 22:16
SoCal industrial REIT Rexford Industrial (NYSE: REXR ) is down 21% over the last year on the back of perceived macro headwinds. The most salient from SoCal moderating rents as pandemic era demand and overcapacity normalizes. REXR has withdrawn prior 3-year guidance for FFOThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued ye ...