secwatch.observer — SEC 8-K summary
======================================

Issuer:     Rexford Industrial Realty, Inc. (REXR)
CIK:        0001571283
Form:       8-K
Filed at:   2023-10-18T23:59:59+00:00
Accession:  0001571283-23-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rexford Industrial Q3 Core FFO $0.56, up 12% YoY; FY guidance raised to $2.16-$2.18
--------------------------------------------------------------------------------

- Net income $56.3M ($0.27/dil) vs $36.8M ($0.21/dil) in prior year quarter.
- Core FFO $115.0M ($0.56/dil), +33.5% and +12% YoY per share.
- Same Property NOI +8.9% GAAP, +9.5% cash; occupancy 97.8%.
- Completed six acquisitions for $314.8M; net debt/EV 16.7%.
- FY2023 Core FFO guidance raised to $2.16-$2.18/dil; dividend $0.38/share declared.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571283/000157128323000039/0001571283-23-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571283/000157128323000039/rexr-20231018.htm
  HTML page:      https://secwatch.observer/filing/0001571283-23-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer