Equity LifeStyle Properties (NYSE: ELS) reported third-quarter and nine-month 2026 results, with normalized FFO per common share and OP Unit of $0.79 for the quarter, up 4.6% year over year and in line with the midpoint of its prior guidance range of $0.76 to $0.82. Core property operating revenues rose 4.4%, core operating expenses excluding property management grew 1.3%, and core income from property operations increased 6.7%. Core MH base rental income climbed 5.7% in the quarter and occupied sites rose by 99, while RV and marina base rental income increased 2.1%. The company's preliminary core MH rent growth assumption for 2027 is about 5.1% and its core RV annual rent growth assumption is about 4.7%. Normalized FFO for the nine months reached $2.36 per share, up 4.0%.
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