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Equity Lifestyle Properties Inc

Equity Lifestyle Properties, Inc. (NYSE:ELS) is a publicly-traded real estate investment trust (REIT) based in the United States. The company specializes in the ownership, operation, acquisition, and development of lifestyle-oriented properties, including manufactured home communities and recreational vehicle (RV) resorts.

ELS was founded in 1971 and has grown to become one of the largest owners and operators of manufactured home communities in the country. As of December 31, 2021, the company owns and operates a portfolio of over 400 properties, which are located in 32 states and British Columbia, Canada.

ELS's properties serve both long-term residents and transient customers. Long-term residents typically own their own homes but lease the land on which their homes are located. Transient customers typically rent RV sites for shorter periods of time.

The company's stock has been publicly traded on the New York Stock Exchange (NYSE) since 1993. ELS has a strong track record of long-term growth and has consistently paid dividends to its shareholders. As of December 31, 2021, the company had approximately $5.2 billion in assets and generated total revenue of $801.4 million for the year.

Overall, Equity Lifestyle Properties is a well-established and highly regarded REIT with a strong presence in the manufactured home and RV resort industries. Its long-term growth potential and consistent dividend payments make it an attractive investment option for income-seeking investors.