Massachusetts State

Reuters

(Reuters) -Equity Residential has agreed to acquire 11 apartment properties located in its expansion markets such as Atlanta and Denver from Blackstone for about $964 million, the companies said on Wednesday.

Equity Residential to buy apartment portfolio from Blackstone for nearly $1 billion

(Reuters) -Solar firm SunPower said it had filed for Chapter 11 bankruptcy protection in the United States and agreed to sell some of its business to Complete Solaria for $45 million in cash.

SunPower files for bankruptcy protection, agrees to sell some assets for $45 million

Hargreaves Lansdown has agreed to a takeover offer from private equity firms CVC Group and Nordic Capital, along with Abu Dhabi's sovereign wealth fund. Shareholders in the British investment platform will get 1,110 British pence ($14.17) per share and a dividend of 30 pence per share under the deal, the company said.

UK investment platform Hargreaves Lansdown agrees to $6.9 billion takeover by CVC consortium

The four largest publicly traded, U.S.-based self-storage real estate investment trusts (REITs)—CubeSmart, Extra Space Storage Inc., National Storage Affiliates Trust (NSAT) and Public Storage Inc.—have released financial statements for the quarter that ended June 30. In general, the companies indicated slight decreases in funds from operations (FFO) and net operating income (NOI).

Self-Storage REITs Release Financial Results for Second-Quarter 2024

Orlando, FL

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Akeena

If you’ve been enjoying the vibrant food scene in Thornton Park, you might have heard some bittersweet news—Graffiti Junktion, the spot known for its top-notch burgers and laid-back vibe, has officially closed. After 16 years of serving up some of the best burgers in Orlando, the eatery has said its goodbyes. Here’s a closer look at why this cherished spot is shutting down and what it means for the community.

Favorite Florida Burger Place Closed Because Wages and Costs Went Up

Pennsylvania State

A Pennsylvania-based pension fund is suing private equity firm KKR & Co. Inc., its founders Henry Kravis and George Roberts, and several executives and board members, alleging they breached their fiduciary duty when they collected more than $500 million under a tax receivable agreement that had “no value to unitholders.”

Pension Fund Sues KKR, Alleging $500M Payout Had ‘No Value’ to Unitholders

24/7 Wall St.

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Lineage Logistics appears poised to complete the biggest IPO of the year. Fellow REIT W.P. Carey owns a minority stake in the cold storage operator. The company plans to monetize its stake following Lineage's IPO. W.P. Carey can finally start cashing in on its stake in Lineage Logistics. Lineage Logistics,...

This 6%-Yielding Dividend Stock Is About to Get a Boost From the Biggest IPO of 2024

Florida State

Red Lobster, the popular seafood chain, has confirmed additional closures in Florida, adding to its recent wave of shutdowns following the company’s bankruptcy filing in May. The latest round of closures includes two more Florida locations, highlighting the ongoing struggles of the iconic restaurant chain.

Popular seafood chain announces more closures in Florida

Enbridge pays a rock-solid dividend currently yielding 7%. The company has visible growth coming down the pipeline. It offers a low-risk opportunity to earn low-double-digit annualized total returns. Enbridge has everything it needs to continue supplying investors with a steadily rising income stream. Enbridge (ENB 0.96%) is North America's largest...

This 7%-Yielding Dividend Stock Should Be Your First Choice for Income and Upside

Are you thinking about investing in penny stocks? If so, choosing the best stock picks to add to your portfolio is important. After all, while penny stocks can produce meaningful returns, they’re also riddled with risk.  These stocks represent young companies that haven’t quite proven their ability to generate significant profits. They’re often in the […]
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3 Penny Stocks Growing Earnings Over 50% This Year

The National Council of Real Estate Investment Fiduciaries (NCREIF) second-quarter 2024 results for the NCREIF Fund Index – Open-end Diversified Core Equity (NFI-ODCE) tell a story similar to the Q2 NCREIF Property Index: still negative but improving. NFI-ODCE total return gross of fees for Q2 2024 was -0.45%. That’s...

Core Real Estate Fund Returns Stay Negative but Improve

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Uncovering Florida

Homeowners' Associations (HOAs): many Floridians belong to them and only now are they getting more protections from them. Effective July 1, 2024, House Bill 1203 is requiring HOAs to follow a more strict set of guidelines in favor of homeowners.

New Florida Law Cracks Down On Homeowners’ Associations

Henry Schein announced that it is restructuring the company, including conducting an undisclosed number of layoffs, in the hopes of saving the company up to $100 million, according to a company press release dated August 6. The company was last restructured in 2022. As part of the company's updated 2024...

Schein restructures, including layoffs, to save up to $100M

Valrico, FL

Hey there, Floridians! If you're a fan of fresh produce and a farmer's market vibe, you might have some mixed feelings about the news from Valrico. The Fresh Market, known for its focus on organic options and quality meats and cheeses, is set to close its doors in the Lithia Crossings shopping center.

Grocery chain known for Organic options and quality meats is set to close its doors in Florida

Lake Mary, FL

If you're a fan of hearty breakfasts and brunches in Florida, you might have had Keke’s Cafe on your radar. Known for its generous portions and friendly service, Keke’s has been a go-to spot for many. However, the Lake Mary location recently hit a bump in the road, resulting in a temporary shutdown following a state inspection that uncovered 15 violations.

Breakfast Eatery Closed in Florida for Roaches, Dirty Hands, and Cold Foods Over 41 Degrees

Camden, NJ

Cornelius, NC

Morristown Minute

CAMDEN, N.J. – Lisa Smith, 61, of Cornelius, North Carolina, has admitted to her role in a fraudulent scheme involving over $3.5 million in Paycheck Protection Program (PPP) loans. U.S. Attorney Philip R. Sellinger announced today that Smith pleaded guilty before U.S. District Judge Karen M. Williams in Camden federal court on July 17, 2024, to a charge of bank fraud conspiracy.

Woman Pleads Guilty to $3.5M COVID Relief Scam

South Carolina State

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Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

The Motley Fool

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NewsBreak

Steward landlord Medical Properties Trust sees $321M net loss in Q2

Dallas-based Steward Health Care's landlord, Medical Properties Trust, one of the world's largest hospital real estate owners, saw a $321 million net loss for the second...

Steward landlord Medical Properties Trust sees $321M net loss in Q2

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