secwatch.observer — SEC 8-K summary
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Issuer:     BBX Capital, Inc. (BBXIB)
CIK:        0001814974
Form:       8-K
Filed at:   2023-07-14T23:59:59+00:00
Accession:  0001437749-23-019966
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BBX Capital Real Estate announces sale of 312-unit Altis Ludlam Trail; $21.3M in cash distributions
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- Altis Ludlam Trail, a 312-unit multifamily community in Miami, sold; was 98% leased at closing.
- Consolidated subsidiary received $9.0M cash distribution from managing member investment.
- BBX Capital Real Estate received $12.3M cash distribution from preferred equity investment.
- Aggregate carrying amount of investments was $20.3M as of March 31, 2023, including remeasurement gain.
- Construction started 2020, substantially completed 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814974/000143774923019966/0001437749-23-019966-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814974/000143774923019966/bbxi20230713_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-019966

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