BBX Capital Corporation (BBXT) (BBXTB), formerly BFC Financial Corporation, is a holding company whose principal holding is Bluegreen Corporation. In addition, through its 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.
Bluegreen, founded in 1966 and headquartered in Boca Raton, Florida, is a sales, marketing and resort management company, focused on the vacation ownership industry and pursuing a capital-light business strategy. Bluegreen manages, markets and sells the Bluegreen Vacation Club, a flexible, points-based, deeded vacation ownership plan with more than 200,000 owners, 66 owned or managed resorts, and access to more than 4,500 resorts worldwide. Bluegreen 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.
Throughout our history, we have invested in and acquired businesses in financial services, retail brokerage and investment banking, timeshare, real estate, and other sectors.