BBX Capital Corporation

BBX Capital Corporation (NYSE: BBX, OTCQX: BBXTB), formerly BFC Financial Corporation,[1] is a diversified holding company whose principal holding is Bluegreen Corporation. Through BBX Capital Corporation's Real Estate and Middle Markets Divisions, BBX Capital is involved in the acquisition, ownership, and management of joint ventures and investments in real estate and real estate development projects, as well as acquisitions, investments and management of middle market operating businesses.

BBX Capital Corporation
Traded asNYSE: BBX (Class A)
Russell 2000 Component
Founded1966
HeadquartersBoca Raton, FL

Throughout their history, they have invested in and acquired businesses in financial services, retail brokerage and investment banking, timeshare, real estate, and other sectors. BBX Capital invests in and acquires mid-market operating businesses across a broad range of industries. As of March 1, 2017, some of their subsidiary companies and divisions include Bluegreen Corporation,[2] Hoffman's Chocolates,[3] Renin Corp.,[4] and BBX Sweet Holdings. In 2016, BBX Capital joined MOD Pizza's select family of franchisees with the goal of developing 60 or more MOD Pizza locations throughout Florida.[5]

About Bluegreen Corporation

Bluegreen Corporation, founded in 1966[6] and headquartered in Boca Raton, Florida, is a sales, marketing and resort management company, focused on the vacation ownership industry and pursuing a capital-intensive business strategy. Bluegreen Corporation manages, markets, and sells the Bluegreen Vacation Club,[7] a flexible, points-based, deeded vacation ownership plan. Bluegreen Corporation also offers a portfolio of comprehensive, turnkey, fee-based services, including resort management services, financial services, and sales and marketing services, to or on behalf of third parties.

About BBX Capital Real Estate

BBX Capital Real Estate specializes in the development, operation, management, and investment in residential and commercial real estate and real estate lending.[8] As of March 1, 2017, BBX Capital Real Estate's portfolio includes a wide range of commercial and residential properties. Residential properties include Bonterra in Miami, Beacon Lake[9] in Jacksonville, and The Village at Victoria Park[10] in Fort Lauderdale. Commercial properties include Gardens on Millenia[11] in Orlando, PGA Station[12] in Palm Beach, and Robovault[13] in Fort Lauderdale.

About BBX Sweet Holdings

BBX Sweet Holdings invests in and acquires manufacturers, wholesalers, and retailers of chocolate and confectionery products. As of March 1, 2017, the most notable holdings include Hoffman's Chocolates,[14] Anastasia Confections, Droga Chocolates, Kencraft Candy and Williams & Bennett.[15]

Executive Management Team

Alan B. Levan: Chairman and CEO of BBX Capital Corporation

Jarett S. Levan: President, BBX Capital Corporation

John E. Abdo: Vice Chairman of BBX Capital Corporation

Seth M. Wise: Executive Vice President, BBX Capital President, BBX Capital Real Estate

Ray. S. Lopez: Executive Vice President, BBX Capital Chief Financial Officer, BBX Capital Corporation

Shawn B. Pearson: CEO and President of BBX Capital Corporation, Bluegreen Corporation

References
  1. "Today's Stock Market News and Analysis from Nasdaq.com". NASDAQ.com. Retrieved 2017-06-13.
  2. "Bluegreen Corporation, a BFC Financial Corporation Subsidiary OTCQB: BFCF, Completes $130.5 Million Securitization of Vacation Ownership Receivables". MarketWatch. Retrieved 2017-06-13.
  3. Sentinel, Donna Gehrke-White, Sun. "Chocolate is sweet for BBX Capital investors". Sun-Sentinel.com. Retrieved 2017-06-13.
  4. "BBX Capital and BFC Financial Announce an Agreement to Acquire Operations and Assets of Renin Corp".
  5. Pounds, Marcia Heroux. "BBX Capital to bring MOD Pizza to South Florida". Sun-Sentinel.com. Retrieved 2017-06-13.
  6. "Bluegreen Corporation: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2017-06-13.
  7. "The History Of Vacation Company | Bluegreen Vacations". Bluegreen Vacations. Retrieved 2017-06-13.
  8. "BBX Capital Real Estate Announces National Retailers Opening at Gardens on Millenia in Orlando".
  9. "Member News | BBX CAPITAL REAL ESTATE ANNOUNCES BEACON LAKE". www.stjohnscountychamber.com. Retrieved 2017-06-13.
  10. "Homebuilding: Victoria Park townhomes planned". tribunedigital-sunsentinel. Retrieved 2017-06-13.
  11. "More restaurants join $92M mixed-use complex near Mall at Millenia". www.bizjournals.com. Retrieved 2017-06-13.
  12. "Public company aims to build out business park". www.bizjournals.com. Retrieved 2017-06-13.
  13. "RoboVault's new owners put storage facility on track after bankruptcy". tribunedigital-sunsentinel. Retrieved 2017-06-13.
  14. "BBX Sweet Holdings Announces Plans to Open Newest Hoffman's Chocolates Retail Store".
  15. "BBX Capital acquires Williams & Bennett, plans to acquire other companies as well". Retrieved 2017-06-13.
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