Equity Lifestyle Properties, Inc. (ELS) Stock Rating & Analysis

Equity Lifestyle Properties is a residential REIT focused on owning manufactured housing, recreational vehicle communities, and marinas. It owns 453 properties across the US, weighted toward the Sun Belt, with 38% in Florida, 11% in Arizona, and 10% in California. The company targets properties in attractive retirement destinations, and more than 70% of its properties are either age-restricted or have an average resident age over 55.