| Market Capitalization (Millions $) |
12,533 |
| Shares
Outstanding (Millions) |
200 |
| Employees |
4,200 |
| Revenues (TTM) (Millions $) |
1,542 |
| Net Income (TTM) (Millions $) |
399 |
| Cash Flow (TTM) (Millions $) |
-8 |
| Capital Exp. (TTM) (Millions $) |
237 |
Business Description
Equity Lifestyle Properties Inc. (ELS) is a publicly-traded real estate investment trust (REIT) that invests in the ownership and operation of manufactured home communities and RV resorts in the United States. The firm was founded in 1992 and is headquartered in Chicago, Illinois.
ELS has a portfolio of over 200 manufactured home communities, which are affordable housing communities for individuals and families that own their own homes but rent the land on which their homes are placed. These communities are located in major metropolitan areas and vacation destinations across the United States. Additionally, ELS owns and operates over 100 RV resorts, offering amenities such as pools, hot tubs, entertainment centers, marinas, and golf courses.
The company's strategy centers around acquiring high-quality properties and then enhancing the resident experience through ongoing investment in property improvements and customer service programs. ELS aims to maximize shareholder returns through strong operating results, disciplined capital allocation, and strategic investments in new properties.
In recent years, ELS has focused on expanding its presence in the RV resort market, which has seen strong growth in recent years as more Americans choose to travel domestically rather than internationally. The company's RV resorts offer a wide range of amenities and services, catering to customers ranging from budget-conscious retirees to luxury travelers.
ELS is also committed to conducting its business in a socially responsible manner. The company has implemented various environmental, social, and governance (ESG) initiatives to reduce its environmental impact, promote diversity and inclusion, and ensure ethical business practices.
Overall, Equity Lifestyle Properties Inc. is a leading provider of manufactured home communities and RV resorts, with a strong track record of generating consistent returns for its shareholders through disciplined investment and strategic growth.
Company Address: Two North Riverside Plaza Zagreb 60606 City of Zagreb
Company Phone Number: 279-1400 Stock Exchange / Ticker: NYSE ELS
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