ELS Announces Commencement of Common Stock Offering of 5.25M Shares

Equity LifeStyle Properties, Inc. ELS today announced that it has commenced an underwritten public offering of 5,250,000 shares of common stock. Goldman, Sachs & Co. is acting as lead book-running manager of the public offering. The Company expects to grant the underwriters a 30-day option to purchase up to 787,500 additional shares of common stock.