Invitation Homes Las Vegas — Number of Encumbered Properties remained flat by 0.0% to $52.25 in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $52.25 to $52.25. Over 4 years (FY 2021 to FY 2025), Las Vegas — Number of Encumbered Properties shows a downward trend with a -42.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A decrease in encumbered properties often signals deleveraging or a shift toward unencumbered asset pools, which provides greater financial flexibility.
The number of properties within the Las Vegas portfolio that serve as collateral for specific debt obligations or mortga...
Comparable to encumbered asset counts reported by other REITs to assess balance sheet flexibility.
invh_segment_las_vegas_number_of_encumbered_properties| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | 1.9K | 868 | 862 | 209 | 209 |
| YoY Change | — | -53.4% | -0.7% | -75.8% | +0.0% |