Equity LifeStyle Properties, Inc. Announces Executive Changes
October 03, 2016 at 03:40 pm IST
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On September 28, 2016, Ann Wallin tendered her resignation as Vice President and Chief Accounting Officer of Equity LifeStyle Properties, Inc. (the “company”) in order to pursue an opportunity at a different company. The company anticipates that Ms. Wallin will remain its employee until October 21, 2016. Immediately following Ms. Wallin’s tender of resignation, Paul Seavey, its Executive Vice President, Chief Financial Officer and Treasurer, assumed the responsibilities of principal accounting officer.
Equity LifeStyle Properties, Inc. is a self-administered and self-managed real estate investment trust (REIT). The Company owns a lifestyle-oriented properties consisting of property operations and home sales and rental operations within manufactured home (MH) and recreational vehicle (RV) communities and marinas. It operates through two segments: Property Operations and Home Sales and Rentals Operations. The Property Operations segment owns and operates land lease properties and the Home Sales. The Home Sales and Rentals Operations segment purchases, sells and leases homes at the Properties. The Company owns interest in a portfolio of approximately 451 properties located throughout the United States and Canada containing approximately 172,465 individual developed areas. These properties are located in 35 states and British Columbia, with approximately 110 properties with lake, river or ocean frontage and approximately 120 properties within 10 miles of the coastal United States.