Equity Lifestyle Properties Inc

Equity LifeStyle Properties, Inc. (NYSE: ELS) is a self-administered, self-managed real estate investment trust (REIT) that owns and operates manufactured home (MH) communities, RV resorts, campgrounds, and marinas across the United States and British Columbia. As of September 30, 2026, the company owned or had an interest in 453 properties in 35 states and British Columbia, comprising approximately 173,600 sites including 75,900 MH sites, 34,800 annual RV sites, 9,800 seasonal RV sites, 20,400 transient RV sites, 6,900 marina slips, and 26,000 membership campground sites. The company generates revenue through base rental income from long-term MH leases and annual/seasonal/transient RV site leases, membership subscriptions and upgrades from its campground network of approximately 128,400 members across 82 campgrounds, home sales (new and used manufactured homes), brokered resales, rental home operations, and utility income. ELS also operates a membership-based camping platform offering subscription products with tiered benefits including longer stays and priority reservations. Updated Oct 21, 2026