Equity LifeStyle Properties Inc (ELS) company profile
Close on Nov 13, 2026Market cap $12.10BP/E 30.9Yield 3.32%
About Equity LifeStyle Properties
Real Estate Investment Trusts, SIC 6798
Equity LifeStyle Properties, Inc. operates as an integrated owner of lifestyle-oriented properties, focusing on manufactured home communities, recreational vehicle resorts, and marinas. The company utilizes a land-lease model in which it leases developed sites and provides membership subscriptions to individuals who own or rent manufactured homes, cottages, recreational vehicles, or boats. Its operations also encompass home sales, rentals, brokerage services, and ancillary property amenities like golf courses and restaurants. These communities cater to retirees, vacationers, second homeowners, and first-time buyers seeking cost-effective housing and recreation.
As of December 31, 2025, the company maintains a network of 453 properties containing 173,371 sites distributed across 35 U.S. states and British Columbia, Canada. Equity LifeStyle Properties is headquartered in Chicago, Illinois.
Summary of the business section of Equity LifeStyle Properties's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Equity LifeStyle Properties Inc
- Founded
- 1969
- Headquarters
- Chicago, IL
- Address
- Two N Riverside Plz, Ste 800 60606
- Phone
- (312) 279-1400
- Employees
- 3,200, Dec 31, 2009
- Industry
- Real Estate Investment Trusts
- Incorporated in
- Maryland
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Chicago, Illinois
Stock & identifiers
- Ticker
- ELS
- Exchange
- NYSE
- IPO date
- Feb 25, 1993
- Shares outstanding
- 195M, Oct 21, 2026
- Public float
- $11.71B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Oct 16, 2019; 2-for-1, Jul 16, 2013; 2-for-1, Apr 25, 1994
- SEC CIK
- 895417
- CUSIP
- 29472R108
- ISIN
- US29472R1086
- FIGI
- BBG000BB7SX7
- Share class FIGI
- BBG001S5T5G5
- LEI
- 529900PEQG66LENB6798
- EIN
- 36-3857664
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Thomas Heneghan | Chairman of the Board, Director | 400,616 |
| Marguerite M. Nader | Vice Chairman and CEO, Director | 256,052 |
| Daniel Perlis | EVP Sales, Mktg, Business Dev | 8,333 |
| Paul Seavey | EVP & Chief Financial Officer | 76,120 |
| Patrick Waite | President & COO | 240,451 |
| David P. Eldersveld | EVP, CLO and Secretary | 98,927 |
| Caroline Karp | SVP & Chief Accounting Officer | – |
| Constance Freedman | Director | 16,993 |
| David J. Contis | Director | 13,873 |
| Scott R. Peppet | Director | 11,163 |
| Andrew Berkenfield | Director | 10,813 |
| Radhika Papandreou | Director | 7,356 |
| Derrick Burks | Director | 12,536 |
| Philip Calian | Director | 221,654 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $4.00M | $3.87M | $2.63M | $109 | $127 |
| FY2024 | $4.24M | $4.21M | $2.64M | $116 | $124 |
| FY2023 | $4.26M | $4.56M | $2.66M | $119 | $118 |
| FY2022 | $4.06M | $3.28M | $2.55M | $106 | $106 |
| FY2021 | $4.14M | $5.51M | $2.40M | $141 | $141 |
| FY2020 | $3.86M | $3.43M | $2.41M | $92 | $95 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Incentive pay | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|---|
| Marguerite Nader Vice Chairman and Chief Executive Officer | $683.24K | – | $1.81M | $1.49M | $14.00K | $4.00M | -6% |
| Patrick Waite President and Chief Operating Officer | $450.14K | $250.00K | $1.43M | $745.94K | $14.00K | $2.89M | +4% |
| Paul Seavey Executive Vice President and Chief Financial Officer | $450.14K | – | $1.43M | $745.94K | $14.00K | $2.64M | -5% |
| David Eldersveld Executive Vice President, Chief Legal Officer and Corporate Secretary | $450.14K | $150.00K | $997.48K | $745.94K | $14.00K | $2.36M | -0% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
Employees
Headcount reported in annual reports
“We have approximately 3,200 full-time, part-time and seasonal employees dedicated to carrying out our operating philosophy and strategies of value enhancement and service to our customers.”
Corporate history
Events identified from SEC filings
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