[8-K] Equity Lifestyle Properties, Inc. Reports Material Event

Rhea-AI Filing Summary

Equity LifeStyle Properties, Inc. (NYSE: ELS) filed an 8-K on 21 Jul 2025 to furnish a press release (Exhibit 99.1) covering results for the quarter and six months ended 30 Jun 2025 and to provide updated Q3 and full-year 2025 earnings guidance assumptions. No financial figures are included in the filing itself; the release is furnished, not filed, under Item 2.02, so it carries no Section 18 liability.

The company reiterates forward-looking statements language and lists key operating sensitivities—site-mix, rate increases, occupancy, expense control, interest rates, acquisition integration and weather-related impacts. ELS identifies itself as a fully integrated REIT owning or holding interests in 455 lifestyle-oriented properties totaling 173,340 sites across the U.S. The document is signed by CFO Paul Seavey and includes an unaudited press-release exhibit and XBRL cover page.

Insights

Securities Analyst

TL;DR: Procedural 8-K; no numbers—investors must consult Exhibit 99.1 for earnings detail.

The filing merely alerts the market to ELS’s Q2-25 results and new guidance released via press release. Because the actual metrics are not embedded, the 8-K itself is informational but not market-moving. The forward-looking statement recap and portfolio size (455 properties, 173k sites) are consistent with prior disclosures. Material impact will depend on the revenue, FFO and guidance figures contained in Exhibit 99.1, which are not provided here. Therefore, I view the standalone filing as neutral; investors should review the accompanying release to assess any deviation from consensus.

EQUITY LIFESTYLE PROPERTIES INC0000895417false00008954172025-07-212025-07-21

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 21, 2025

EQUITY LIFESTYLE PROPERTIES, INC.

(Exact name of registrant as specified in its charter)

Maryland

1-11718

36-3857664

(State or other jurisdiction of incorporation)

(Commission File No.)

(IRS Employer Identification Number)

Two North Riverside Plaza

Chicago,

Illinois

60606

(Address of Principal Executive Offices)

(Zip Code)

(312) 279-1400

(Registrant’s telephone number, including area code)

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, $0.01 Par Value			ELS			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02    Results of Operations and Financial Condition

On July 21, 2025, Equity LifeStyle Properties, Inc. (referred to herein as “we,” “us,” and “our”) issued a news release announcing our results of operations for the quarter and six months ended June 30, 2025 and our third quarter and full year 2025 earnings guidance assumptions.

The news release is furnished as Exhibit 99.1 to this report on Form 8-K. The news release was also posted on our website, www.equitylifestyleproperties.com, on July 21, 2025.

In accordance with General Instruction B.2. of Form 8-K, the information included in Items 2.02 and 9.01 of this report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall such information be deemed incorporated by reference in any registration statement filed by us under the Securities Act of 1933, as amended.

    This report includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. When used, words such as “anticipate,” “expect,” “believe,” “project,” “estimate,” “guidance,” “intend,” “may be” and “will be” and similar words or phrases, or the negative thereof, unless the context requires otherwise, are intended to identify forward-looking statements and may include, without limitation, information regarding our expectations, goals or intentions regarding the future, and the expected effect of our acquisitions. Forward-looking statements, including our guidance concerning Net Income, FFO and Normalized FFO per share data, and certain growth rates, by their nature, involve estimates, projections, goals, forecasts and assumptions and are subject to risks and uncertainties that could cause actual results or outcomes to differ materially from those expressed in a forward-looking statement due to a number of factors, which include, but are not limited to the following: (i) the mix of site usage within the portfolio; (ii) yield management on our short-term resort and marina sites; (iii) scheduled or implemented rate increases on community, resort and marina sites; (iv) scheduled or implemented rate increases in annual payments under membership subscriptions; (v) occupancy changes; (vi) our ability to attract and retain membership customers; (vii) change in customer demand regarding travel and outdoor vacation destinations; (viii) our ability to manage expenses in an inflationary environment, including the impact of changes in tariffs, as well as costs associated with supply chain disruptions; (ix) changes in debt service and interest rates; (x) our ability to integrate and operate recent acquisitions in accordance with our estimates; (xi) our ability to execute expansion/development opportunities in the face of changes impacting the supply chain or labor markets; (xii) completion of pending transactions in their entirety and on assumed schedule; (xiii) our ability to attract and retain property employees, particularly seasonal employees; (xiv) ongoing legal matters and related fees; (xv) costs to clean up and restore property operations and potential revenue losses following storms or other unplanned events; and (xvi) the potential impact of material weaknesses, if any, in our internal control over financial reporting.

    For further information on these and other factors that could impact us and the statements contained herein, refer to our filings with the Securities and Exchange Commission, including the “Risk Factors” and “Forward-Looking Statements” sections in our most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q.

    These forward-looking statements are based on management’s present expectations and beliefs about future events. As with any projection or forecast, these statements are inherently susceptible to uncertainty and changes in circumstances. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements whether as a result of such changes, new information, subsequent events or otherwise.

    We are a fully integrated owner of lifestyle-oriented properties and own or have an interest in 455 properties located predominantly in the United States consisting of 173,340 sites as of July 21, 2025. We are a self-administered, self-managed, real estate investment trust with headquarters in Chicago.

Item 9.01    Financial Statements and Exhibits

(d) Exhibits

The information contained in the attached exhibit is unaudited and should be read in conjunction with the Registrant’s annual and quarterly reports filed with the Securities and Exchange Commission.

99.1 Equity LifeStyle Properties, Inc. press release dated July 21, 2025, “ELS Reports Second Quarter Results”

104 Cover Page Interactive Data File included as Exhibit 101 (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

						EQUITY LIFESTYLE PROPERTIES, INC.
Date: July 22, 2025						By: /s/ Paul Seavey
						Paul Seavey
						Executive Vice President and Chief Financial Officer

FAQ

What event did Equity LifeStyle Properties (ELS) report on 21 July 2025?

ELS furnished a press release announcing Q2-25 and six-month 2025 results and updated earnings guidance.

Does the 8-K contain ELS’s actual Q2 2025 financial numbers?

No. The filing references Exhibit 99.1 for full results; figures are not included in the body of the 8-K.

How large is Equity LifeStyle Properties’ portfolio as of July 2025?

The company owns or has interests in 455 properties comprising 173,340 sites throughout the United States.

Is the furnished press release considered ‘filed’ with the SEC?

No. Under Item 2.02, the release is furnished—not filed—so it is not subject to Section 18 liability.

Who signed the 8-K for Equity LifeStyle Properties?

Executive Vice President & CFO Paul Seavey signed the report on 22 Jul 2025.