Equity Lifestyle Properties, Inc. · NYSE:ELS
Equity Lifestyle Properties — Investor Presentation (February 2016)
14 slides from Equity Lifestyle Properties's investor presentation, Feb 23, 2016
Slide 1: Equity LifeStyle Properties
Exhibit 99.1 Equity LifeStyle Properties
Slide 2: Our Business
Ourbusiness One Unique Low Own High-quality More retirement Stable, Balance 1In Story of maintenance than the predictable business sheet and 80 nation’s for real properties flexibility vacation more model estate costs/customer financial largest than locations destinations with 40 real performance ye
Slide 3: Property Locations
Property 4WA MN WI WY 7NV 3ME 3 Locations MT ND264OK 3TNOR4VT 9UT 6416 AZ 11 TX MS FL 17 29114 82NY 02NM WV 411 414 CO MO AL RI MI 37 NE DE IL 7 NC KY 26 SC GA NH KS IA LANJ VA ID 5AR PACA 6 6SD 6 IN 2 2OH 3 MA
Slide 4: Steady, Predictable Revenue
Steady,Predictable Revenue Property/Site 202 home u71,700 Right 186 u72,600 uAnnuals uSeasonal uTransient uMembership (1) Note: 68.4% Quarter 3All Property Annual manufactured/resort RV communities to resorts Results”). sites Use Buckets 26,900 10,800 10,800 Revenue revenue Annual composition sites
Slide 5: Our Resort Customers
OurResort Customers Resort We Recreational Manufactured 4RV offer Lifestyle cottages a Cottage lifestyle own Options Home vehicles the and unitsa(park they variety place models) of product on our sites options to meet our customers’ needs We seek to create long-term relationships with our customers
Slide 6: Favorable Customer Demographics
Favorable The U.S. 02120,000 New MH Sources: 5Note: 016population Average Population Residents 2021 100,000 US Customer 2026 Census age: of Over 2031 80,000 58 people 2014, Demographics years Age60,000 age 55 Acxiom RV55 (in Average 40,000 and thousands) 2014, older age: 20,000 Pew is55 expected Res
Slide 7: Track Record of Performance
Track Item Properties Total Enterprise (1) Note: estimate (4) (5) (2) 6(3) The See Source: SNL IPO Return Record pages 1993 Stock US range. Year—1993 41 Value SNL REIT Performance stock 388 11 10-Year price See Financial. Financial and (3) Sites Equity; price our date $296 12 2016 Total 12,312 guida
Slide 8: Consistent Same Store NOI Growth Outperformance
Consistent ELS 3.8 98 3Q (1) Note: 7including 99 Source 1Q has 99 3Qmaintained 00 regional 1Q for Same 00Same 3Q 01Store 1Q 01 malls, 3.0 Store 02 3QNOI positive 02 shopping 1Q NOI 03 Growth 3Q03 data: same 1Q 04 centers, and 3Q Citi 04store 1Q 0505 Outperformance Investment multifamily, 3Q NOI 061Q
Slide 9: Comparison of Indexed Same Store NOI Growth
Comparison (1) Growth Indexed NOI Store 8Same outperformed industry 160 ELS 100 110 120 130 140 Note: Averages Source: growth ofthe compounded (2) ELS Multi-family since equal Citi rates 1999. to Multifamily annualized Investment REIT significantly Same 150 Index(2) Multifamily Store quarterly Resea
Slide 10: Capital Structure
Capital As Total $400 OPU’s $300,000 Debt Mortgage Common(1) $100,000 ‘16 Year Secured (1) 9Note: of ‘17 Fully to $200,000 million enterprise January $475.1, Structure ‘18 enterprise Unsecured Stock Debt Amortizing ‘19 available 31, price 5.7% $150,000 $67. ‘20 value 2016 value ‘21 as 5,568. thousan
Slide 11: Performance Update
Performance 198 quarters 01/31/2016 (1) Note: (2) 10 The Manufactured Corethrough Excludes isUpdate Core 6.1%(3) 12/31/2015 joint Home mayventure Portfolio Portfolio Communities(1) 01/31/2016 ischange sites. defined is•5.1%(3) 185acquired as properties from RVdepending time-to-time uResorts(1) Core
Slide 12: Safe Harbor and FFO Reconciliation
SafeThe Under certain that expectations Non-GAAP Computation Net Income Depreciation FFO Change Normalized (1) Note: 11 Income income for Harbor available the Quarterly become 2016 allocated in Private fair available to FFO Financial Statement on on amounts offor FFO value recent the Funds rental ec
Slide 13: Non-GAAP Financial Measures
Non-GAAP Funds appropriate defined and refundable Although FFO. contingent acquisitions; We estimated performance operating believe Normalized cases, Investors performance. the companies GAAP, cash 12 current define believe after flow we from nor that byadjustments should provide performance the gai
Slide 14: Equity LifeStyle Properties
Equity Two 2/16 North LifeStyle Riverside Properties Plaza, Chicago, Illinois 60606 800-247-5279 | www.EquityLifeStyle.com
Equity LifeStyle Properties — Investor Presentation (February 2016) on 6ix