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Geographic · Number of Encumbered Properties

Northern California — Number of Encumbered Properties

Invitation Homes Northern California — Number of Encumbered Properties remained flat by 0.0% to $153.5 in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 0.2%, from $153.75 to $153.5. Over 4 years (FY 2021 to FY 2025), Northern California — Number of Encumbered Properties shows a downward trend with a -24.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryLeverage
SignalLower is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2025Feb 19, 2026

How to read this metric

An increase indicates higher use of property-level financing, while a decrease suggests deleveraging or refinancing into unsecured debt.

Detailed definition

The number of residential properties in the Northern California portfolio that serve as collateral for specific debt obl...

Peer comparison

Comparable to encumbered asset counts in other real estate investment trusts with mortgage-backed debt structures.

Metric ID: invh_segment_northern_california_number_of_encumbered_properties

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value1.9K766755615614
YoY Change-59.3%-1.4%-18.5%-0.2%
Range6141.9K
CAGR-24.4%
Avg YoY Growth-19.9%
Median YoY Growth-10.0%
Current Streak4+ years decline

Frequently Asked Questions

What is Invitation Homes's northern california — number of encumbered properties?
Invitation Homes (INVH) reported northern california — number of encumbered properties of $153.5 in Q4 2025.
How has Invitation Homes's northern california — number of encumbered properties changed year-over-year?
Invitation Homes's northern california — number of encumbered properties decreased by 0.2% year-over-year, from $153.75 to $153.5.
What is the long-term trend for Invitation Homes's northern california — number of encumbered properties?
Over 4 years (2021 to 2025), Invitation Homes's northern california — number of encumbered properties has grown at a -24.4% compound annual growth rate (CAGR), from $1.88K to $614.
What does northern california — number of encumbered properties mean?
The number of rental homes in Northern California used as collateral for loans.