Marguerite Nader

Chief Executive Officer & Non-Independent Vice Chairman, EQUITY LIFESTYLE PPTYS INC

Search every verified Marguerite Nader interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Marguerite Nader, president and CEO of Equity LifeStyle Properties, discussed the company's second-quarter 2021 results during an earnings call on July 20, 2021. She reported that the properties experienced "unprecedented demand" during the quarter, with revenue from manufactured housing (MH), recreational vehicles (RV), home sales, and subscriptions exceeding expectations. Nader noted a 30% growth in normalized funds from operations (FFO) per share compared to the prior year, attributing part of this to negative comparisons from 2020, while also citing 28% growth from the second quarter of 2019. She highlighted that new customer growth in both MH and RV segments contributed to the positive results. Nader also addressed customer retention and demographics, stating that the company maintains a renewal rate of about 90% on members, with attrition remaining stable across cycles. She mentioned that sales of camp passes reached a high-water mark since the program began a decade ago, with 50% of those transactions completed online. In response to a question about transient RV parks, Nader said the company would continue to favor annual and seasonal businesses, which provide a stickier, higher-quality cash flow, over transient operations, though she acknowledged potential opportunities in well-located transient sites.