Manufactured housing community owner Equity LifeStyle Properties, Inc. (ELS) in releasing its 2014 Q1 financials today, Tuesday, April 22, report revenues of $196.59 million, up from $183.78 million last year, and well above analysts expectations of $178.97 million. First-quarter funds from operations (FFO) rose to $71.4 million, $0.78 per share, rising from $65 million, $0.71 per share, same quarter last year, according to rttnews.com. Net income available for common shares rose to $38.1 million over $35 million in the same year-ago period. MHProNews.com understands ELS operates 379 manufactured home and recreational vehicle communities comprised of 140,333 homesites. ##

(Photo credit: Equity LifeStyle Properties, Inc.–Lake Haven Florida)