Other

Variable rate unsecured credit facility and commercial paper, net

AvalonBay Communities Variable rate unsecured credit facility and commercial paper, net increased by 4.1% to $769.72M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 242.2%, from $224.94M to $769.72M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalLower is better
VolatilityVolatile
First reportedQ4 2021
Last reportedQ1 2026

How to read this metric

High usage may indicate reliance on short-term debt to fund long-term projects, potentially increasing interest rate risk.

Detailed definition

This represents short-to-medium term financing obtained through revolving credit facilities or commercial paper markets....

Peer comparison

Used by most large REITs as a primary tool for managing working capital and development funding.

Metric ID: other_long_term_line_of_credit_and_commercial_paper

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$0.00$0.00$49.99M$0.00$0.00$0.00$69.99M$0.00$0.00$0.00$0.00$0.00$224.94M$664.64M$234.98M$739.61M$769.72M
QoQ Change-100.0%-100.0%+195.5%-64.6%+214.8%+4.1%
YoY Change+40.0%-100.0%+242.2%
Range$0.00$769.72M
Avg YoY Growth+60.7%
Median YoY Growth+40.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is AvalonBay Communities's variable rate unsecured credit facility and commercial paper, net?
AvalonBay Communities (AVB) reported variable rate unsecured credit facility and commercial paper, net of $769.72M in Q1 2026.
How has AvalonBay Communities's variable rate unsecured credit facility and commercial paper, net changed year-over-year?
AvalonBay Communities's variable rate unsecured credit facility and commercial paper, net increased by 242.2% year-over-year, from $224.94M to $769.72M.
What does variable rate unsecured credit facility and commercial paper, net mean?
Short-term debt instruments used for flexible financing and liquidity management.