---
schema_version: "secwatch.filing_event.v1"
accession: "0001814974-22-000064"
form_type: "8-K"
ticker: "BBXIB"
cik: "0001814974"
company_name: "BBX Capital, Inc."
filed_at: "2022-05-27T23:59:59+00:00"
generated_at: "2026-06-25T06:25:24.168968+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BBX Capital JV agrees to sell Altis Little Havana; expects net cash distribution of ~$9.5M

## Summary
- Altis Little Havana JV entered sale agreement; buyer made $5M non-refundable deposit on May 25, 2022.
- Closing expected in June 2022; BBXRE anticipates net cash distribution of approx. $9.5 million.
- Carrying amount of BBXRE's investment in JV was approx. $1.1M as of March 31, 2022.
- Sale subject to customary closing conditions; no assurance of completion.

## SEC filing metadata
- accession: 0001814974-22-000064
- form_type: 8-K
- ticker: BBXIB
- cik: 0001814974
- company_name: BBX Capital, Inc.
- filed_at: 2022-05-27T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814974/000181497422000064/0001814974-22-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814974/000181497422000064/c974-20220525x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001814974-22-000064
- JSON: https://secwatch.observer/filing/0001814974-22-000064.json
- Plain text: https://secwatch.observer/filing/0001814974-22-000064.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.