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Istituto Marangoni signs a new 30-year lease to stay at the property.

The former site for Simmons Pet Food changed hands for over $16 million recently, according to Talk Business & Politics.

Florida issues a $110,000 fine and orders a resort to restore the protected mangroves that were destroyed last spring. Rhode Islander Michael Mota was questioned as the owner's representative; the fine is about a third what Mota and his business partner were paid as advisors to the resort. Mota had blamed the damage on on a tornado the National Weather Service said did not exist.

Legendary investor Warren Buffett, also known as the Oracle of Omaha, consistently ranks among the richest people in the world, with a net worth of nearly $120 billion in 2024. It’s no surprise then that his investment moves make national headlines, and are copied by legions of smaller investors hoping to reap the benefits of his investing acumen.

In our 2022 alert “REIT M&A Trends Through the Pandemic,” we cataloged a total of 42 new REIT transactions announced between August 2020 and May 2022, a pace that rivaled or exceeded...