Equity LifeStyle Properties, Inc. acquired Datacomp Appraisal Systems, Inc.
January 23, 2022
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Equity LifeStyle Properties, Inc. (NYSE:ELS) acquired Datacomp Appraisal Systems, Inc. in December, 2021. As part of the transaction, Equity LifeStyle Properties, Inc. also acquired MHVillage Inc. The acquisition was funded with available cash, proceeds from our line of credit, and net proceeds from sales of common stock under our at-the-market (“ATM”) equity offering program. Equity LifeStyle Properties, Inc. acquired eleven marinas, six RV communities, an 80% equity interest in a joint venture with six RV communities, MHVillage/Datacomp and three land parcels adjacent to our properties with an aggregate value of approximately $800 million during the year ended December 31, 2021.
Equity LifeStyle Properties, Inc. (NYSE:ELS) completed the acquisition of Datacomp Appraisal Systems, Inc. in December, 2021.
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.
EQUITY LIFESTYLE PROPERTIES, INC. 
