Mr. Bruce J. Parker is Managing Director of Development for BBX Capital Real Estate, a wholly owned subsidiary of BBX Capital Corporation. He previously served for four years as Senior Vice President and Manager of Special Assets for BankAtlantic. During two separate tenures over more than 16 years, Mr. Parker served as Vice President of Land Development for Levitt and Sons, LLC. He has significant experience in other real estate sectors, including Vice President of Project Management for Petracca & Sons, Inc., and Project Manager for HRH Construction, both in New York.
Throughout his career spanning more than three decades, Mr. Parker has successfully managed real estate portfolios as well as high-profile construction and development projects from concept to completion. In his role with BankAtlantic, Mr. Parker was responsible for managing distressed commercial real estate loan portfolios totaling more than $400 million. He maximized value by implementing strategies such as entitlement preservation, drastic carry cost reduction, and the repositioning and selling of assets.
Mr. Parker directed the design, development and construction of 6,800 single-family detached and townhouse lots and master-planned communities throughout Florida, Georgia and South Carolina. He was the project executive for a prominent high-rise apartment construction in Manhattan, overseeing the conversion of the Mayfair Hotel into 200 condominium units – from initial concept through design, permitting, demo and reconstruction. Mr. Parker has also designed and built medical, municipal and industrial facilities, and managed heavy highway and bridge work. He is a certified private pilot.