---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-049505"
form_type: "8-K"
ticker: "ELS"
cik: "0000895417"
company_name: "EQUITY LIFESTYLE PROPERTIES INC"
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T10:01:36.785167+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Equity LifeStyle Properties enters into $500M at-the-market stock offering program

## Summary
- Up to $500M of common stock may be sold through agents including Morgan Stanley, BMO, BofA Securities, Goldman Sachs and others.
- Sales will be made at-the-market, including block trades; commission capped at 2% of gross proceeds.
- Proceeds intended for debt repayment, property acquisitions, development, working capital and general corporate purposes.
- Program effective immediately; company is not obligated to sell any specific amount.
- Separate equity distribution agreements signed with nine sales agents; shelf registration filed February 28, 2024.

## SEC filing metadata
- accession: 0001193125-24-049505
- form_type: 8-K
- ticker: ELS
- cik: 0000895417
- company_name: EQUITY LIFESTYLE PROPERTIES INC
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895417/000119312524049505/0001193125-24-049505-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895417/000119312524049505/d773837d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-049505
- JSON: https://secwatch.observer/filing/0001193125-24-049505.json
- Plain text: https://secwatch.observer/filing/0001193125-24-049505.txt

## Key facts
- Material Agreements
  EQUITY LIFESTYLE PROPERTIES INC entered into Equity Distribution Agreements with Morgan Stanley & Co. LLC; BMO Capital Markets Corp.; BofA Securities, Inc.; Capital One Securities, Inc.; Goldman Sachs & Co. LLC; Jefferies LLC; Regions Securities LLC; Truist Securities, Inc.; and Wells Fargo Securities, LLC valued at $500,000,000 (effective 2024-02-28).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Morgan Stanley & Co. LLC; BMO Capital Markets Corp.; BofA Securities, Inc.; Capital One Securities, Inc.; Goldman Sachs & Co. LLC; Jefferies LLC; Regions Securities LLC; Truist Securities, Inc.; and Wells Fargo Securities, LLC
  - Value: $500,000,000
  - Effective: 2024-02-28
  source text: On February 28, 2024, Equity LifeStyle Properties, Inc. (referred to herein as the “Company,” “we,” “us” and “our”) and our operating partnership, MHC Operating Limited Partnership (the “Operating Partnership”), entered into separate Equity Distribution Agreements (the “Equity Distribution Agreements”) with each of Morgan Stanley & Co. LLC; BMO Capital Markets Corp.; BofA Securities, Inc.; Capital One Securities, Inc.; Goldman Sachs & Co. LLC; Jefferies LLC; Regions Securities LLC; Truist Securities, Inc.; and Wells Fargo Securities, LLC (collectively, the “Sales Agents”), pursuant to which we may sell, from time to time, shares of our common stock, par value $0.01 per share (the “Common Stock”), having an aggregate offering price of up to $500,000,000, through the Sales Agents (the “Offering”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/895417/000119312524049505/0001193125-24-049505-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.