Equity LifeStyle: Baby Boomers Boost 3Q Profit
Equity LifeStyle Properties Inc. (ELS), which posted a 39% jump in net income for its third quarter, attributed the gains to a growing Baby Boomer demographic. In a conference call with investors Tuesday (Oct. 20), CEO Marguerite Nader stated, “Our third-quarter results show the strength in our real-estate footprint. Baby Boomers are turning 65 at a rate of […]