In 2017, BBX Capital Real Estate invested in a joint venture with Label & Co. to develop Chapel Grove in Pembroke Pines, Florida. Located within the Chapel Grove master-planned community, the development consists of 125 luxury townhomes. The townhomes, which are in a gated community on an approximate 11-acre parcel, feature five distinct models with three and four-bedroom floor plans ranging from 1,700 to 2,300 square feet. The townhomes feature 10’ ceilings, impact windows and doors, energy-saving features, one and two-car garages and double master-suites. Closings commenced in 2019.