other material
confidence high
sentiment positive
materiality 0.60
BBX Capital closes sale of St. Lucie County land, expects $23M net gain in Q4 2022
BBX Capital, Inc.
- Sold ~119 acres of vacant land in St. Lucie County, FL for net proceeds of $23.4M.
- Expects to recognize a net gain of $23.0M in the three months ending Dec 31, 2022.
- Sale closed on Dec 14, 2022; previously disclosed in Q1 2022.