# Rexford Industrial Balance Sheet Strengthens

> Rexford Industrial's balance sheet improved through asset sales and debt reduction, but rent growth remains weak.
- Title: Rexford Industrial Balance Sheet Strengthens · Seekingalpha
- Summary: Rexford Industrial's balance sheet improved through asset sales and debt reduction, but rent growth remains weak.
- Keywords: rexford industrial, balance sheet, asset sales, debt reduction, rent growth, dividend yield, Seekingalpha
- Source: Seekingalpha — https://seekingalpha.com/article/4964809-rexford-industrial-riet-portfolio-sales-improve-balance-sheet-while-cash-rents-still-need-to-recover
- Author: Atlas Diary
- Published: 2026-11-08T04:57:55+00:00
- Read time: 1 min
- Topics: rexford industrial, balance sheet, asset sales, debt reduction, rent growth, dividend yield, money, business
## Balance Sheet Strengthens
Rexford Industrial Realty has improved its balance sheet through asset sales, debt reduction, and share buybacks.
## Operational Recovery Lags
Rexford Industrial's operational recovery and rent growth remain modest despite balance sheet improvements.
## Dividend Yield at 4.4%
The dividend yield is 4.4%, but AFFO coverage is tight, leaving minimal margin for growth or buybacks.
## Target Price $39.25
Rexford Industrial is rated HOLD at $39.25 with a base NAV of $42.66 and weighted target of $42.18.
## Key takeaway

Rexford Industrial Realty's balance sheet strengthened via asset sales and debt reduction, but rent growth lags behind expectations.