ELS news

Equity Lifestyle Properties Inc. reported lower Normalized FFO and earnings per share despite 4.5% revenue growth, driven by a $12.1M tax charge. Gains in occupied sites and active RV/marina growth are highlighted.

The company, an S&P 400 member, reported portfolio data of 173,559 sites and 453 properties across 35 U.S. states and one Canadian province. Additionally, the filing outlines long-term, normalized FFO growth and debt metrics.

ELS reported Q2 2026 results led by earnings and normalized FFO slightly above the midpoint of guidance. Revenue growth was driven primarily by the manufactured housing segment.

Equity Lifestyle Properties showcased its manufactured home communities, RV resorts, and marinas portfolio with 173,419 sites across 453 properties, demonstrating 14% annualized total return since IPO and 4.5x debt/adjusted EBITDAre leverage. The company issued 2026 full-year guidance with normalize…