We debuted our real estate holdings on the New York Stock Exchange with Manufactured Home Communities (MHC), now known as Equity LifeStyle Properties (ELS), and its forty-seven manufactured home communities. It was one of the early companies to list as a REIT in the modern commercial real estate era. Today, ELS is the largest owner of manufactured home communities and recreational vehicle (RV) parks in the country, and continues to be one of my favorite companies.
