• Report: #893930

Complaint Review: Equity Lifestyle Properties

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  • Submitted: Wed, June 06, 2012
  • Updated: Tue, March 05, 2013

  • Reported By: Rusty Moustache — Peoria Arizona United States of America
Equity Lifestyle Properties
10701 N99th Ave Peoria, Arizona United States of America

Equity Lifestyle Properties ELS ELS is systematically buying into retirement communities nationally and using tactics to raise rents and force out residents thru deceptive practices.. Peoria, Arizona

*Consumer Comment: $100 more isn't a lot...

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ELS has systematically bought into Manufactured Home Communities nationwide and have used the same tactics to attack the retired and aged people that have little voice or options to fight such disregard of people's rights.

In Arizona when home owners or even city entities tried to intervene in the disputes, ELS's mega attorneys were there to fight the little guy.  It finally came to the point that our city councilman was warned not to be involved with our arguments anymore.   Only to find on line the same thing happened in a California community with the same concerns with ELS and the legal staff.

In southern AZ a community spent $700,000 on litigation fees until ELS ran them out of money.

The billionaire primary stock holder of ELS has no good attributes listed in his online biography, and nationally it is evident they have found an age and monetary group of people in a lifestyle that they can attack, manipulate, and force out of established communities.

A few years ago when the community I live in was taken over by ELS we thought as homeowners we had some decent rights and representation, and that we were an isolated incident.  Now with the age of the internet it is clear this company is a cut throat operation through out the US, using their same proven tactics every where they go! They buy and then depreciate a community until residents give in to their demands, which include yearly rate increases along with supplemental charges that push home owners out, many times turning their homes over to the property owner.  

When a home is turned over, it is remodeled, and put up for rent at $100 over our basic lot rent, showing the fact that the cost of living here is greatly exagerated, but forced onto the owner if they wish to stay!

This report was posted on Ripoff Report on 06/06/2012 05:26 PM and is a permanent record located here: http://www.ripoffreport.com/r/Equity-Lifestyle-Properties/Peoria-Arizona-85345/Equity-Lifestyle-Properties-ELS-ELS-is-systematically-buying-into-retirement-communities-n-893930. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Consumer Comment

$100 more isn't a lot...

AUTHOR: Christina - (United States of America)

The homes are listed for "more money" because you are renting the home and paying the pad rent. $100 more than the lot rent really isn't a lot of money.  Most manufactured housing groups refurb their homes and rent them out to make the money back they spent on it, plus cover costs of maintaining the park.  The lot rent in most places pays for property taxes, landscaping, employees that are there to help you, maintain water and sewer lines, etc. 

When people that are renting homes move out the owners are responsible for cleaning it, repairs to the home during the tenants stay, pest control, etc.

Try actually figuring out WHAT is going on before complaining. 
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