Bank of America Corp DE Makes New $79.55 Million Investment in Rexford Industrial Realty, Inc. $REXR

Bank of America Corp DE has acquired a new stake of 2.37 million shares in Rexford Industrial Realty, Inc. (NYSE:REXR) worth approximately $79.55 million, representing a 1.06% ownership. This comes as Rexford reported a quarterly loss of $2.26 per share, missing consensus estimates, though revenue slightly exceeded expectations, and the company maintained its 2026 EPS guidance. The REIT also declared a quarterly dividend of $0.435 per share, resulting in a 4.5% yield.