Item 8.01 Other Events.
On June 8, 2022, BBX Capital Real Estate LLC ("BBXRE"), a wholly-owned
subsidiary of BBX Capital, Inc. (the "Company"), announced that its Altis Little
Havana joint venture had competed the sale of Altis Little Havana, a 224-unit
multifamily apartment community located in Miami, Florida. As a result of the
transaction, BBXRE expects to receive a net cash distribution of approximately
$9.5 million from the joint venture and recognize equity earnings from its
investment in the venture of approximately $8.4 million during the quarter ended
June 30, 2022.
BBXRE's press release issued on June 8, 2021 announcing the sale of Altis Little
Havana is attached as Exhibit 99.1 to this Current Report on Form 8-K and is
incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Press release dated June 8, 2022
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BBX Capital, Inc. is a diversified holding company. The Company's principal holdings include BBX Capital Real Estate LLC, BBX Sweet Holdings, LLC and Renin Holdings, LLC (Renin). BBX Capital Real Estate LLC is engaged in the acquisition, development, construction, ownership, financing and management of real estate and investments in real estate joint ventures, including investments in multifamily rental apartment communities, single-family master-planned for sale housing communities, warehouse and logistics facilities, and commercial properties located primarily in Florida. BBX Sweet Holdings, LLC is engaged in the ownership and management of operating businesses in the confectionery industry, including ITâSUGAR, a specialty candy retailer. Renin is engaged in the designing, manufacturing and distribution of sliding doors, door systems and hardware, and home decor products. In addition to its own manufacturing activities, Renin also sources various products and raw materials.
BBX CAPITAL, INC. 
