Equity Lifestyle Properties, Inc. · NYSE:ELS
Equity Lifestyle Properties — Investor Presentation (June 2016)
14 slides from Equity Lifestyle Properties's investor presentation, Jun 1, 2016
Slide 1: Equity LifeStyle Properties
Exhibit 99.1 Equity LifeStyle Properties
Slide 2: Our Story
Our Storycosts turnover locations business for are • One more strongly uLease ofthan thecorrelated developed nation’s 40 yearslargest 1with sitespopulation •real High-quality estatemigration networks real estate with uProperty locations 389 properties locations uMorecontaining inthan retirement 80 p
Slide 3: Property Locations
Property 26 OK AR Locations 6 SC MS4 TX 3 2 AL WAGA MELA NDFL MN8 6417 MT11337 OR14VT 4 14 WI9 NY 10 2WY 4 MI NH ID 4 CA SD 2 2 3 MA NV 3 RI 7 NE IA 5 PA 6 6 6 IN OH UT CO IL 6 NJ 9 2 2 16 WV DE 4 7 KS AZ MO KY VA 11 NM NC 4 TN 6
Slide 4: Steady, Predictable Property Operating Revenue Streams
•Steady,Predictable property 187 RVoperating resorts 7.1% Revenue revenues, u73,000 Streams derivable sites uAnnuals Property from our Operating 27,000 guidance Annual Revenue furnished RV uSeasonal Buckets(1) with the 11,000 SEC Property/Site as15.3% ExhibituTransient composition 99.1 to the10,900
Slide 5: Our Lifestyle customers' needs
Our Lifestyle customers’ needs Options • We •seek Customers to create own long-term the unitsrelationships they place on with ourour sites customers uManufactured RV Sitehomes Manufactured uResort cottages Home RV (park Resort models) Cottage uRecreational 4 vehicles • We offer a lifestyle and a var
Slide 6: Favorable Customer Age Demographics
Favorable Age Pew 55 Research (inCustomer thousands) CenterDemographics 2010. 120,000 5 100,000 • The80,000 population New Residents of people age 60,000 55 and MHolder uAverage is expected age: 59toyears growRV 26% u Average from 2016 age:to55 2031 years • Roughly 40,000 20,000 10,0000Baby 2016Boom
Slide 7: Total Return Performance Since IPO
Track States Normalized Equity and estimate (+2,855%) 2016. from NYSE12 IPO See Record 16 Amex, Lifestyle for range. 32 through page the S&P FFO --?100 10-Year NASDAQ, reconciliation 2/25/93 9.500 Proper1es, Per (4) April 4/28/06 (+639%) Share Source: Total 2/25/95 30, OTC(1) Inc. 2016 4/28/07 Retur
Slide 8: Consistent Same Store NOI Growth
Consistent 07 NOI shopping 08data: 08 09 centers, Citi Same 09Investment 10Store multifamily, 10 11NOI 11Research, 12 Growth student 12 13and May 13housing, 14 Outperformance 2016. 14 15manufactured Earliest 15 16 3Qquarter 3.91QELS homes, 3Q collected has 1Qself maintained 3Q by storage, 1QCiti 3Q
Slide 9: Same Store NOI Growth Comparison
Comparison 150 Same NOI 140 averages Store 130Indexed of 120 collected ELS 110to Growth 100 Multifamily by1998 Citi. assumes 1999 8 Same 2000 initial Store 2001 investment NOI 2002Indexed 2003 of $100 2004 Growth multiplied 2005(1) 2006 ELS by2007 the compounded annual 2008 2009 same Same 2010 store
Slide 10: Capital Structure
Capital 5.8% ‘18 million ‘19 $250,000 Structure and ‘20 ‘21 $0.8Term ‘22 million, As‘23 of Loan(2) April ‘25 respectively. ‘28 30, $199.2, ‘34 2016 ‘382.3%thousands) (in ‘39millions) ‘40 Year•Fully Total Preferred Amortizing enterprise $136.1, value Debt 1.6% isSecured $8.5 (in Debt billion Unsecure
Slide 11: Performance Update for month ended 04/30/2016
Performance for month depending the ended month onUpdate 04/30/2016 acquisitions, ended quarters • 198isManufactured dispositions 5.5%(3) throughNote: 03/31/2016 and Home (1) significant Excludes Communities(1) 04/30/2016 transactions joint venture is 6.4%(3) • 185 orproperties. unique RV uCore Reso
Slide 12: Guidance and FFO reconciliation
Safe K untrue expectations (1) 2.7 leases Transaction midpoint subject Net 2.4 Harbor 45.1 for Depreciation income of and the 1.9 costs an Statement on because our 4.0 estimate available recent 0.2 to2.4 certain on 2.0 full 1.0 investments. Under real range. for 1.6 Gain text Quarterly estate common
Slide 13: Non-GAAP Financial Measures
Non-GAAP (“NAREIT”), operations accordance partnerships use address (“Normalized losses comparable amortization, FFO management differences fair affect assess an the presented operating indication including equity term contracts. value can the from the the in facilitate REIT’s future activities our
Slide 14: Equity LifeStyle Properties contact details
Equity LifeStyle Properties Two North Riverside Plaza, Chicago, Illinois 60606 800-247-5279 | www.EquityLifeStyle.com 5/16
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