Snow birds and empty nesters flock to communities developed and owned by Equity LifeStyle Properties. The real estate investment trust (REIT) owns and operates lifestyle-oriented residential properties aimed at retirees, vacationers, and second home owners. Other properties provide affordable housing for families. Equity LifeStyle Properties leases lots for factory-built homes, cottages, cabins, and recreational vehicles. Available homes range in size and style. The REIT's portfolio includes more than 380 properties containing some 141,000 lots in about 30 states and Canada. Properties are similar to site-built residential subdivisions, with centralized entrances, utilities, gutters, curbs, and paved streets.