ELS · 10-Q · 2026Q1 · Full report

Outstanding Indebtedness

EQUITY LIFESTYLE PROPERTIES INC · 2026-04-28 · Importance 61 · Surprise 32

As of March 31, 2026 secured debt encumbered 112 Properties with a gross carrying value of approximately $3,284.3 million versus $3,266.6 million at December 31, 2025. The company continues to focus on accessing long-term, low-cost secured debt and managing future debt maturities through a mix of secured and unsecured borrowings. Management expects to meet long-term liquidity requirements, such as scheduled debt maturities, property acquisitions and capital improvements, using long-term collateralized and uncollateralized borrowings including the LOC and issuances of debt or equity. Interest and related amortization of $33.6 million for Q1 2026 signals elevated financing costs relative to prior year.

Key facts