---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-045991"
form_type: "8-K"
ticker: "ELS"
cik: "0000895417"
company_name: "EQUITY LIFESTYLE PROPERTIES INC"
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:39:21.825220+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ELS Q3 Normalized FFO $0.75, +4.6% YoY; Issues 2026 rent rate growth of 5.1%

## Summary
- Normalized FFO per share $0.75, up 4.6% YoY, at midpoint of $0.72-$0.78 guidance.
- Core property operating revenues +3.1%; core income from property ops ex-PM +5.3% YoY.
- MH base rental income up 5.5% YoY; 114 new homes sold in Q3.
- Preliminary 2026: ~50% of MH residents get ~5.1% avg rate increase; RV annual rates up 5.1%.
- Full-year 2025 Normalized FFO guidance raised to $3.01-$3.11 per share.

## SEC filing metadata
- accession: 0001628280-25-045991
- form_type: 8-K
- ticker: ELS
- cik: 0000895417
- company_name: EQUITY LIFESTYLE PROPERTIES INC
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/895417/000162828025045991/0001628280-25-045991-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/895417/000162828025045991/els-20251022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-045991
- JSON: https://secwatch.observer/filing/0001628280-25-045991.json
- Plain text: https://secwatch.observer/filing/0001628280-25-045991.txt

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