News
REXR
50.43
+1.10%
0.55
PSA, EXR, TRNO nab Overweight rates as Barclays expands REIT coverage
Barclays Equity Research expands its coverage of the REIT universe. PSA, EXR, TRNO nab Overweight rates as Barclays expands REIT coverage. Analyst thinks the greatest opportunity for REIT investors is within self-storage. Public Storage, Extra Space Storage and Terreno Realty get Overweight ratings. Vornado Realty and Rexford Industrial Realty nab Underweight rates.
Seeking Alpha · 1d ago
Rexford Industrial Realty prices two-part senior notes offering of up to $1B
Rexford Industrial Realty prices two-part senior notes offering of up to $1B. The sale of the notes is scheduled to settle on March 28, 2024. The company is offering $500 million of senior notes due 2027 and $250 million due 2029.
Seeking Alpha · 1d ago
Decoding 4 Analyst Evaluations For Rexford Industrial Realty
Rexford Industrial Realty Inc is a real estate investment trust in Southern California. The company has a 12-month price target of $54.5. The average price target is down 4.39% from the previous target. 4 analysts have recently shared their evaluations of Rexford industrial realty. Rexford Industrial realty is a good investment for investors.
Benzinga · 1d ago
Rexford Industrial Realty Initiated at Underweight by Barclays
Dow Jones · 1d ago
Rexford Industrial Realty Price Target Announced at $45.00/Share by Barclays
Dow Jones · 1d ago
Barclays Initiates Coverage On Rexford Industrial Realty with Underweight Rating, Announces Price Target of $45
Benzinga · 1d ago
If I Had To Put A Third Of My Money Into A Single REIT
Putting a third of your money into a single investment asset, such as a REIT, is not recommended due to the lack of diversification. Even the best REITs can face unexpected challenges, as seen during the hotel and mall pandemic. Suggestions for REits to consider include Rexford Industrial Realty, Alexandria Real Estate, and VICI Properties.
Seeking Alpha · 1d ago
Reported Earlier, Rexford Industrial Prices Public Offering Of 17,179,318 Common Shares Of Common Stock To An Existing Investor At $48.95/Share
Rexford Industrial Realty, Inc. Priced an underwritten public offering of 17,179,318 shares of its common stock. The shares were sold to an existing long-only investor based on the West Coast. The closing of the offering is expected to occur on March 28, 2024.
Benzinga · 1d ago
Reported Earlier, Rexford Industrial Prices Offering Of $500M 4.375% Exchangeable Senior Notes Due 2027 And $500M 4.125% Exchangeable Senior Notes Due 2029
Rexford Industrial Realty priced its offering of $500 million of senior notes due 2027 and 2029. The notes will accrue interest at a rate of 4.375% per annum. The 2027 notes will mature on March 15, 2027, and the 2029 notes on September 15, 2024.
Benzinga · 1d ago
*Rexford Industrial Prices Underwritten Public Offering of 17.2M Shares at $48.95 Each >REXR
Dow Jones · 1d ago
*Rexford Industrial: Shares Sold to Existing Long-Only Investor Based on West Coast >REXR
Dow Jones · 1d ago
Rexford Industrial Announces Pricing of Public Offering of 17,179,318 Shares of Common Stock to an Existing Long-Only Investor Based on the West Coast
Rexford Industrial Realty, Inc. Priced an underwritten public offering of 17,179,318 shares of its common stock. The shares were sold to an existing long-only investor at a price per share of $48.95. The closing of the offering is expected to occur on March 28, 2024. The company also priced its offering of exchangeable senior notes due 2027 and 2029.
PR Newswire · 1d ago
Rexford Industrial Realty Becomes Oversold
NASDAQ · 1d ago
Stocks Climb on Positive Corporate News
NASDAQ · 2d ago
Stocks Give Up Early Gains as Nvidia Weighs on Chip Stocks
The S&P 500 index closes down -0.28%; Dow Jones industrials and Nasdaq 100 also close down. Stocks initially moved higher on positive corporate news. Tuesday's U.S. Economic news was mixed as new orders for capital goods rose more than expected in February but consumer confidence index unexpectedly declined. Overseas stock markets Tuesday settled mixed; Euro Stoxx 50 climbs to a 23-year high. June 10-year T-notes on Tuesday closed up +4 ticks.
Barchart · 2d ago
That One Chart I Cannot Stop Thinking About
Major crashes can take years to recover from, especially when accounting for inflation. Stocks are always a good investment, but they are currently overvalued. We believe we're entering a new environment of above-average inflation and that stocks are currently valued too high. The recovery period of the 1929 crash doubled to more than 14 years.
Seeking Alpha · 2d ago
Stocks Push Higher on Economic Optimism
The S&P 500 Index is up +0.28% today. Seagate Technology Holdings is up more than +10% after Morgan Stanley upgrades the stock to overweight. US capital goods orders and home price reports show signs of strength in the economy. US consumer confidence index unexpectedly declines and pushes T-note yields higher. Overseas stock markets are mixed.
Barchart · 2d ago
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About REXR
Rexford Industrial Realty, Inc. is a self-administered and self-managed full-service real estate investment trust (REIT). The Company is focused on owning, operating and acquiring industrial properties in Southern California infill markets. It acquires, owns, improves, redevelops, leases, and manages industrial real estate principally located in Southern California infill markets, through Rexford Industrial Realty, L.P. (Operating Partnership) and its subsidiaries. It also acquires or provides mortgage debt secured by industrial property. It provides property management services and leasing services to related parties and third-party property owners. Its property management services include performing property inspections, monitoring repairs and maintenance, negotiating vendor contracts, maintaining tenant relations, and providing financial and accounting oversight. The Company's portfolio consists of over 373 properties with approximately 45.9 million rentable square feet.