secwatch.observer — SEC 8-K summary
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Issuer:     BBX Capital, Inc. (BBXIB)
CIK:        0001814974
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001814974-22-000082
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 sells two Florida apartment communities; receives $16.4M distribution
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- Sold Altis Miramar (320 units) and Altra Miramar (330 units) in Miramar, FL.
- Received net cash distribution of approx. $16.4M from the joint venture.
- Carrying amount of JV investment was $2.9M as of March 31, 2022 (implies gain).
- Joint venture sponsored by Altman Companies; development began 2019, completed 2022.
- BBX Capital Real Estate is a wholly-owned subsidiary of BBX Capital (OTCQX: BBXIA).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814974/000181497422000082/0001814974-22-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814974/000181497422000082/c974-20220729x8k.htm
  HTML page:      https://secwatch.observer/filing/0001814974-22-000082

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