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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: June 6, 2011
(Date of earliest event reported)
EQUITY LIFESTYLE PROPERTIES, INC.
(Exact name of registrant as specified in its charter)
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Maryland
(State or other jurisdiction of
incorporation or organization)
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1-11718
(Commission File No.)
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36-3857664
(IRS Employer Identification
Number) |
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Two North Riverside Plaza, Chicago, Illinois
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60606 |
(Address of principal executive offices)
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(Zip Code) |
(312) 279-1400
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 7.01 Regulation FD Disclosure
In accordance with General Instruction B.2. of Form 8-K, the following information shall not
be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liabilities of that Section. Nor shall the information in
this Current Report be deemed incorporated by reference in any filing under the Securities Act of
1933, as amended. Equity LifeStyle Properties, Inc. (the Company) disclaims any intention or
obligation to update or revise this information.
Attached as Exhibit 99.1 is an investor presentation that will be posted on the Companys
website, www.equitylifestyle.com, on June 6, 2011. Included in this presentation is a discussion
of the Companys planned acquisition of 76 properties from Hometown America, L.L.C. which was
announced on May 31, 2011 (the Acquisition). See Form 8-K filed on May 31, 2011 for further
information about the Acquisition.
This report includes certain forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. When used, words such as anticipate, expect,
believe, project, intend, may be and will be and similar words or phrases, or the
negative thereof, unless the context requires otherwise, are intended to identify forward-looking
statements. These forward-looking statements are subject to numerous assumptions, risks and
uncertainties, including, but not limited to:
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the Companys ability to control costs, real estate market conditions, the actual
rate of decline in customers, the actual use of sites by customers and its success in
acquiring new customers at its Properties (including those that it may acquire); |
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the Companys ability to maintain historical rental rates and occupancy
with respect to Properties currently owned or that the Company may acquire; |
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the Companys assumptions about rental and home sales markets; |
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in the age-qualified Properties, home sales results could be impacted by
the ability of potential homebuyers to sell their existing residences as well as by
financial, credit and capital markets volatility; |
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results from home sales and occupancy will continue to be impacted by
local economic conditions, lack of affordable manufactured home financing and
competition from alternative housing options including site-built single-family
housing; |
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impact of government intervention to stabilize site-built single family
housing and not manufactured housing; |
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the completion of the Acquisition in its entirety and future acquisitions,
if any, and timing and effective integration with respect thereto; |
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the Companys inability to secure the contemplated debt financings to fund
a portion of the stated purchase price of the Acquisition on favorable terms or at all
and the timing with respect thereto; |
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unanticipated costs or unforeseen liabilities associated with the
Acquisition; |
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ability to obtain financing or refinance existing debt on favorable terms
or at all; |
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the effect of interest rates; |
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the dilutive effects of issuing additional securities; |
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the effect of accounting for the entry of contracts with customers
representing a right-to-use the Properties under the Codification Topic Revenue
Recognition; and |
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other risks indicated from time to time in the Companys filings with the
Securities and Exchange Commission. |
These forward-looking statements are based on managements present expectations and beliefs
about future events. As with any projection or forecast, these statements are inherently
susceptible to uncertainty and changes in circumstances. The Company is under no obligation to, and
expressly disclaims any obligation to, update or alter its forward-looking statements whether as a
result of such changes, new information, subsequent events or otherwise.
Equity LifeStyle Properties, Inc. owns or has an interest in 307 quality properties in 27
states and British Columbia consisting of 111,008 sites. The Company is a self-administered,
self-managed, real estate investment trust (REIT) with headquarters in Chicago.
Item 9.01 Financial Statements and Exhibits
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(d) Exhibits |
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Exhibit 99.1
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Investor Presentation |
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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EQUITY LIFESTYLE PROPERTIES, INC.
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By: |
/s/ Michael B. Berman
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Michael B. Berman |
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Executive Vice President and
Chief Financial Officer |
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Date: June 6, 2011