Rexford Industrial Releases Annual ESG Report
Substantial Environmental, Community and Stakeholder Value Creation Driven by ESG Commitment
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LOS ANGELES, April 28, 2021 /PRNewswire/ Rexford Industrial Realty, Inc. (the Company or Rexford Industrial ) (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located in Southern California infill markets, today announced the Company published its 2020 Environmental, Social and Governance ( ESG ) Report. Rexford is proud to issue our annual ESG report demonstrating the best-in-class environmental, social and governance impacts integral to our business purpose and values, stated Michael Frankel and Howard Schwimmer, Co-Chief Executive Officers of the Company. Our highly-focused business strategy cultivates deep collaboration made great by the diversity and quality of our team. Rexford s differentiated busi
Earnings Scheduled For April 21, 2021
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Rexford Industrial Announces First Quarter 2021 Financial Results
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In the 2020 COVID-19 year, there were not that many construction-related cases decided by the California Courts of Appeal, and none by the California Supreme Court. However, there were a number of interesting cases that raise new issues, and others that resolved certain issues. We discuss the key cases below. As an overview, an owner may now be liable to a non-performing subcontractor for contract interference for insisting the general contractor fire the non-performing subcontractor, and an owner suing for excessively filing mechanic’s liens may not only be unsuccessful but may expose an owner to damages and attorney’s fees if unsuccessful. Some other issues were clarified, such as: 1) who is responsible for costs of defense and indemnity involving multiple insureds when one or more of the indemnitors were not liable for damages; 2) the application of the substantial compliance doctrine on an expired contractor’s li