secwatch / observer

EQUITY LIFESTYLE PROPERTIES INC — fact timeline

Source-grounded facts extracted from EQUITY LIFESTYLE PROPERTIES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

ELS EQUITY LIFESTYLE PROPERTIES INC JSON
Earnings Releases

EQUITY LIFESTYLE PROPERTIES INC reported quarter ended March 31, 2026 results: EPS $0.56.

“ELS REPORTS FIRST QUARTER RESULTS Continued Strong Performance CHICAGO, IL – April 21, 2026 – Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as “we,” “us,” and “our”) today announced results for the quarter ended March 31, 2026. All per share results are reported on a fully diluted basis unless otherwise noted. FINANCIAL RESULTS ($ in millions, except per share data) Quarters Ended March 31, 2026 2025 $ Change % Change (1) Net Income per Common Share $ 0.56 $ 0.57 $ (0.01) (2.6)% Funds from Operations (“FFO”) per Common Share and OP Unit $ 0.83 $ 0.83 $ — (0.4)% Normalized Funds from Operations (“Normalized FFO”) per Common Share and OP Unit $ 0.84 $ 0.83 $ 0.01 0.3%”

Patrick Waite changed role as President at EQUITY LIFESTYLE PROPERTIES INC.

“named Marguerite Nader as Vice Chairman of the Board and promoted Patrick Waite as President, both effective immediately.”

Marguerite Nader was named as Vice Chairman of the Board at EQUITY LIFESTYLE PROPERTIES INC.

“named Marguerite Nader as Vice Chairman of the Board and promoted Patrick Waite as President, both effective immediately.”

Caroline Karp was appointed as Principal Accounting Officer at EQUITY LIFESTYLE PROPERTIES INC.

“Effective February 4, 2025, Caroline Karp, Senior Vice President and Chief Accounting Officer of Equity LifeStyle Properties, Inc. (referred to herein as “we,” “us,” the “Company” and “our”) assumed the role of principal accounting officer.”
Shareholder Votes

EQUITY LIFESTYLE PROPERTIES INC shareholders approved To approve our 2024 Equity Incentive Plan at the 2024-04-30 meeting.

“Proposal No. 4: To approve our 2024 Equity Incentive Plan.”
Shareholder Votes

EQUITY LIFESTYLE PROPERTIES INC shareholders approved To approve our executive compensation on a non-binding advisory basis at the 2024-04-30 meeting.

“Proposal No. 3: To approve our executive compensation on a non-binding advisory basis.”
Shareholder Votes

EQUITY LIFESTYLE PROPERTIES INC shareholders approved To ratify the selection of Ernst & Young LLP as our independent registered public accounting firm for the year ending December 31, 2024 at the 2024-04-30 meeting.

“Proposal No. 2: To ratify the selection of Ernst & Young LLP as our independent registered public accounting firm for the year ending December 31, 2024.”
Shareholder Votes

EQUITY LIFESTYLE PROPERTIES INC shareholders approved Election of nine members of the Board at the 2024-04-30 meeting.

“Proposal No. 1: To elect nine members of the Board to serve until the next annual meeting of stockholders and until his or her successor is duly elected and qualified.”
Earnings Releases

EQUITY LIFESTYLE PROPERTIES INC reported the quarter ended March 31, 2024 results: revenue $ 386.6, net income $ 109.9, EPS $ 0.59.

“per share results are reported on a fully diluted basis unless otherwise noted. ($ in millions, except per share data) FINANCIAL RESULTS Q1 2024 Q1 2023 $ Change Total Revenues $ 386.6 $ 370.0 $ 16.6 Net Income available for Common Stockholders $ 109.9 $ 82.4 $ 27.5 Net Income per Common Share $ 0.59 $ 0.44 $ 0.15”
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).

“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”).”

Paul Seavey was appointed as principal accounting officer at EQUITY LIFESTYLE PROPERTIES INC.

“Following Ms. Henry’s last day of employment, Paul Seavey, our Executive Vice President and Chief Financial Officer, will assume the responsibilities of principal accounting officer.”

Valerie Henry resigned as Senior Vice President and Chief Accounting Officer at EQUITY LIFESTYLE PROPERTIES INC.

“On February 7, 2024, Valerie Henry, our Senior Vice President and Chief Accounting Officer notified us that she will be resigning in order to pursue an opportunity at a different company.”

Sheli Rosenberg departed as Director at EQUITY LIFESTYLE PROPERTIES INC.

“On February 6, 2024, Ms. Sheli Rosenberg, a member of our Board, informed the Board that she will not stand for reelection at the Company’s 2024 Annual Meeting of Stockholders.”

Radhika Papandreou was elected as Director at EQUITY LIFESTYLE PROPERTIES INC.

“On February 6, 2024, the Board of Directors (the “Board”) of Equity LifeStyle Properties, Inc. (referred to herein as “we,” “us” and “our”) increased the size of the Board by one director from nine to ten directors and elected Ms. Radhika Papandreou to fill the vacancy created by the increase in the number of directors.”
Earnings Releases

EQUITY LIFESTYLE PROPERTIES INC reported quarter and year ended December 31, 2023 results: revenue $360.6 million and $340.6 million, net income $91.9 million and $73.0 million, EPS $0.49 and $0.39. Guidance initiated.

“ELS REPORTS FOURTH QUARTER RESULTS Continued Strong Performance; Provides 2024 Guidance and Increases Annual Dividend CHICAGO, IL – January 29, 2024 – Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as “we,” “us,” and “our”) today announced results for the quarter and year ended December 31, 2023. All per share results are reported on a fully diluted basis unless otherwise noted. ($ in millions, except per share data) FINANCIAL RESULTS Q4 2023 Q4 2022 $ Change Total Revenues $ 360.6 $ 340.6 $ 20.0 Net Income available for Common Stockholders $ 91.9 $ 73.0 $ 18.9 Net Income per Common Share $ 0.49 $ 0.39 $ 0.10”
Earnings Releases

EQUITY LIFESTYLE PROPERTIES INC reported Quarter Ended December 31, 2022; Year Ended December 31, 2022 results: net income $73.0 million (Quarter) and $284.6 million (Year).

“The table below presents Net income available for Common Stockholders, FFO available for Common Stock and OP Unit Holders and Normalized FFO available for Common Stock and OP Unit Holders as previously reported and as revised to exclude accrual to cash adjustments related to membership upgrade sales. (amounts in millions) Quarter Ended December 31, 2022 Year Ended December 31, 2022 Reported Revised Reported Revised Net income available for Common Stockholders $73.0 $73.0 $284.6 $284.6”
Earnings Releases

EQUITY LIFESTYLE PROPERTIES INC reported the quarter and nine months ended September 30, 2023 results: revenue $ 388.8, net income $ 77.0, EPS $ 0.41.

“per share results are reported on a fully diluted basis unless otherwise noted. ($ in millions, except per share data) FINANCIAL RESULTS Q3 2023 Q3 2022 $ Change Total Revenues $ 388.8 $ 381.0 $ 7.8 Net Income available for Common Stockholders $ 77.0 $ 67.2 $ 9.8 Net Income per Common Share - Fully Diluted $ 0.41 $ 0.36 $ 0.05”
Governance Changes

EQUITY LIFESTYLE PROPERTIES INC: Amended and restated bylaws to implement proxy access, update advance notice window, and make other changes (effective 2023-07-25).

“On July 25, 2023, the Board of Directors (the “Board”) of Equity LifeStyle Properties, Inc., a Maryland corporation (referred to herein as the “Company,” “we,” “us,” and “our”), amended and restated the Company’s bylaws (the “Fourth Amended and Restated Bylaws”), effective as of such date, to, among other things: • Implement proxy access to permit an eligible stockholder, or group of up to 20 eligible stockholders, owning 3% or more of the Company’s outstanding common stock continuously for at least three years, to nominate and include in the Company’s proxy materials director nominees constituting up to the lesser of two individuals and 25% of the number of the Company’s directors then serving, provided the stockholder(s) and the nominee(s) satisfy the requirements specified in the Fourth Amended and Restated Bylaws; • Proxy access will first apply with respect to the Company’s 2024 annual meeting of stockholders; • Update the timing, informational and procedural requirements for a st”
Earnings Releases

EQUITY LIFESTYLE PROPERTIES INC reported Q2 2023 results: revenue $370.0, net income $62.9, EPS $0.34. Guidance raised.

“ELS REPORTS SECOND QUARTER RESULTS Continued Strong Performance; Guidance Increase CHICAGO, IL – July 17, 2023 – Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as “we,” “us,” and “our”) today announced results for the quarter and six months ended June 30, 2023. All per share results are reported on a fully diluted basis unless otherwise noted. ($ in millions, except per share data) FINANCIAL RESULTS Q2 2023 Q2 2022 $ Change Total Revenues $ 370.0 $ 365.3 $ 4.7 Net Income available for Common Stockholders $ 62.9 $ 61.5 $ 1.4 Net Income per Common Share - Fully Diluted $ 0.34 $ 0.33 $ 0.01”
Shareholder Votes

EQUITY LIFESTYLE PROPERTIES INC shareholders approved To approve the frequency of stockholder votes on our executive compensation on a non-binding advisory basis. at the 2023-04-25 meeting.

“Proposal No. 4: To approve the frequency of stockholder votes on our executive compensation on a non-binding advisory basis. Our recommendation to conduct an advisory vote on executive compensation each year at the Annual Meeting of Stockholders beginning with the 2024 Annual Meeting received the affirmative vote of holders of a majority of the votes cast and was approved.”
Shareholder Votes

EQUITY LIFESTYLE PROPERTIES INC shareholders approved To approve our executive compensation on a non-binding advisory basis. at the 2023-04-25 meeting.

“Proposal No. 3: To approve our executive compensation on a non-binding advisory basis. This proposal received the required affirmative vote of holders of a majority of the votes cast and was approved.”
Shareholder Votes

EQUITY LIFESTYLE PROPERTIES INC shareholders approved To ratify the selection of Ernst & Young LLP as our independent registered public accounting firm for the year ending December 31, 2023. at the 2023-04-25 meeting.

“Proposal No. 2: To ratify the selection of Ernst & Young LLP as our independent registered public accounting firm for the year ending December 31, 2023. This proposal received the required affirmative vote of holders of a majority of the votes cast and was approved.”
Shareholder Votes

EQUITY LIFESTYLE PROPERTIES INC shareholders approved To elect ten members of the Board to serve until the next annual meeting of stockholders and until his or her successor is duly elected and qualified. at the 2023-04-25 meeting.

“Proposal No. 1: To elect ten members of the Board to serve until the next annual meeting of stockholders and until his or her successor is duly elected and qualified. This proposal received the required affirmative vote of holders of a plurality of the votes cast and the directors were elected.”
Earnings Releases

EQUITY LIFESTYLE PROPERTIES INC reported the quarter ended March 31, 2023 results: revenue $ 370.0, net income $ 82.4, EPS $ 0.44 per Common Share - Fully Diluted.

“ELS REPORTS FIRST QUARTER RESULTS Continued Strong Performance CHICAGO, IL – April 17, 2023 – Equity LifeStyle Properties, Inc. (NYSE: ELS) (referred to herein as “we,” “us,” and “our”) today announced results for the quarter ended March 31, 2023. All per share results are reported on a fully diluted basis unless otherwise noted. ($ in millions, except per share data) Financial Results Q1 2023 Q1 2022 $ Change Total Revenues $ 370.0 $ 360.2 $ 9.8 Net Income available for Common Stockholders $ 82.4 $ 82.9 $ (0.5) Net Income per Common Share - Fully Diluted $ 0.44 $ 0.45 $ (0.01)”
Earnings Releases

EQUITY LIFESTYLE PROPERTIES INC reported the year ended December 31, 2022 results: revenue $1,447.1 million, net income $284.6 million, EPS $1.53 per Common Share.

“For the year ended December 31, 2022, total revenues increased $130.7 million, or 9.9%, to $1,447.1 million, compared to $1,316.4 million for the same period in 2021. For the year ended December 31, 2022, net income available for Common Stockholders increased $22.1 million, or $0.10 per Common Share, to $284.6 million, or $1.53 per Common Share, compared to $262.5 million, or $1.43 per Common Share, for the same period in 2021.”
Earnings Releases

EQUITY LIFESTYLE PROPERTIES INC reported the quarter ended December 31, 2022 results: revenue $340.6 million, net income $73.0 million, EPS $0.39 per Common Share.

“For the quarter ended December 31, 2022, total revenues increased $5.3 million, or 1.6%, to $340.6 million, compared to $335.3 million for the same period in 2021. For the quarter ended December 31, 2022, net income available for Common Stockholders increased $7.5 million, to $73.0 million, or $0.39 per Common Share, compared to $65.5 million, or $0.36 per Common Share, for the same period in 2021.”

Michael Bailey was appointed as Senior Vice President – Investments at EQUITY LIFESTYLE PROPERTIES INC.

“Michael Bailey, Senior Vice President – Investments, will assume the duties of Mr. Maynard with respect to acquisition and investment opportunities.”

Roger Maynard retired as Executive Vice President – Investments at EQUITY LIFESTYLE PROPERTIES INC.

“announced the retirement of Roger Maynard as Executive Vice President – Investments effective March 31, 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.