Rexford has very desirable properties and locations, a conservative balance sheet and e-commerce focused tenants, all characteristics that should continue to drive performance. While the new preferred is not the highest yield in the group, it is worth considering for income focused portfolios.
The Intelligent REIT Investor is the go-to source for REIT preferreds.
Today, we are providing details on a new issue.
The newest issuer is an industrial REIT, one of the more attractive sectors of the REIT market.