Rexford Industrial Q2 net loss $506.9M on $624.8M impairments; raises disposition guidance to $1.5-2.0B

Rexford Industrial Realty, Inc.

Net loss attributable to common stockholders of $506.9M ($2.26/diluted share) vs net income of $113.4M ($0.48) in Q2 2025.
Core FFO per diluted share $0.63, up 6.8% YoY; full-year Core FFO guidance raised to $2.38-$2.43.
Increased 2026 disposition guidance to $1.5-$2.0B from $400-$500M as part of portfolio realignment of non-core assets.
Repurchased 2.8M shares for $100M in Q2; Board authorized new $1.0B stock repurchase program through July 2028.
Q3 2026 dividend of $0.435/share declared, payable Oct 15, 2026; Net Debt to Adjusted EBITDA at 4.5x.

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