Equity Lifestyle Properties, Inc. Appoints Constance Freedman as Director
November 02, 2017 at 09:17 am
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On October 31, 2017, Board of Directors of Equity LifeStyle Properties, Inc. increased the size of the Board by one director and elected Ms. Constance Freedman to fill the vacancy created by the increase in the number of directors. Ms. Freedman, is the Founder and Managing Partner of Moderne Ventures, an early stage investment fund she founded in 2015 that is focused on technology companies in and around real estate, finance, insurance and home services. Prior to Moderne Ventures, Ms. Freedman was the Vice President of Strategic Investments for the National Association of Realtors where she launched and managed the investment fund, Second Century Ventures, and founded REach, its technology accelerator, in 2008 and 2012, respectively.
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.