Equity LifeStyle Properties Inc. reported that it is in the process of undertaking an initial assessment of the impact of Hurricane Irma on its 138 Florida properties. At this time, no injuries to residents, guests or employees have been reported.
According to a statement, based on its ongoing initial assessments, properties have been affected by flooding, wind, wind-blown debris, falling trees and tree branches. There has been damage to some homes, carports, screen rooms and awnings. Consistent with prior storm events, newer homes appear to have held up well during the hurricane.
Given access restrictions, we are presently unable to assess Hurricane Irma’s impact on our two Florida Keys properties. The company believes that it has adequate insurance subject to deductibles, including business interruption coverage.
President and Chief Executive Officer Marguerite Nader commented, “Above all, we are grateful that there have not been any reported deaths or injuries to our residents, guests or employees. Our operations team in Florida has displayed outstanding diligence and efficiency in assisting our customers while preparing for and reacting to the effects of Hurricane Irma.”