secwatch.observer — SEC 8-K summary
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Issuer:     Rexford Industrial Realty, Inc. (REXR)
CIK:        0001571283
Form:       8-K
Filed at:   2026-10-22T20:28:26+00:00
Accession:  0001571283-26-000058
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Rexford Q3 net income falls to $14.6M; raises 2026 Core FFO guidance to $2.41-$2.44
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- Q3 net income attributable to common stockholders $14.6M, or $0.07/diluted share, vs $87.1M and $0.37 a year earlier; includes $71.8M impairments and $23.2M gains on sales.
- Core FFO $0.60/share flat YoY; Same Property Cash NOI -1.1% and NOI -2.6%; ending occupancy 96.9%, up 200 bps from June 30.
- Raised 2026 Core FFO guidance to $2.41-$2.44 from $2.38-$2.43; Same Property Cash NOI growth now 0.25%-0.75% vs prior -0.75%-0.25%.
- Sold 25 properties for $1.3B in Q3, including a 22-property $1.2B portfolio; YTD dispositions $1.5B. Repurchased 10.9M shares for $408.7M at $37.59 average.
- Repaid $485M debt, cutting Net Debt/Adjusted EBITDAre to 3.8x from 4.5x; Q4 dividend $0.435/share payable Jan 15, 2027, record Dec 31, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571283/000157128326000058/0001571283-26-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571283/000157128326000058/rexr-20261022.htm
  HTML page:      https://secwatch.observer/filing/0001571283-26-000058

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