secwatch.observer — SEC 8-K summary
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Issuer:     Rexford Industrial Realty, Inc. (REXR)
CIK:        0001571283
Form:       8-K
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0001571283-22-000025
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rexford Industrial Q2 Core FFO up 55% to $81.7M; raises full-year guidance
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- Net income $36.1M ($0.22 diluted EPS); Core FFO $81.7M ($0.49 per share), up 54.7% YoY.
- Consolidated Portfolio NOI $113.6M (+42.5%); Same Property Cash NOI +10.1% with 99.1% avg occupancy.
- Acquired 18 properties for $598.9M in Q2; year-to-date total $1.6B; additional $587M post-quarter.
- Raised full-year Core FFO guidance to $1.87-$1.90 per share; Same Property NOI growth forecast 5.75%-6.25%.
- Declared Q3 dividend $0.315/share, payable Oct 15, 2022; net debt/EV 13.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571283/000157128322000025/0001571283-22-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571283/000157128322000025/rexr-20220720.htm
  HTML page:      https://secwatch.observer/filing/0001571283-22-000025

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