Bfc Fin Corp Cl A # (BFCF) 3.4300 $BFCF
BBX Capital Real Estate Completes the Sale of Its North Flagler Properties in West Palm Beach, Florida
Marketwired - 1 hr 13 mins ago
BBX Capital Real Estate, a division of BBX Capital Corporation ("BBX Capital," "BBX," and/or the "Company"
(NYSE: BBX) announced today that it had completed its previously announced sale of two properties located in West Palm Beach, Florida (the "North Flagler properties" to a third party on May 15, 2015.
BBX: 16.11 (+0.10)
BFC Financial Corporation Reports Financial Results for the First Quarter, 2015
Marketwired - Mon May 11, 7:02AM CDT
BFC Financial Corporation ("BFC" or the "Company" (OTCQB: BFCF) (OTCQB: BFCFB) reported financial results for the three month period ended March 31, 2015.
BBX: 16.11 (+0.10)
BBX Capital Corporation Reports Financial Results for the First Quarter, 2015
Marketwired - Mon May 11, 7:02AM CDT
BBX Capital Corporation ("BBX Capital," and/or the "Company" (NYSE: BBX) reported financial results for the three months ended March 31, 2015.
BBX: 16.11 (+0.10)
BBX Capital Corporation Takes Ownership of Florida Asset Resolution Group
Marketwired - Thu May 07, 7:01AM CDT
BBX Capital Corporation ("BBX Capital," "BBX," and/or the "Company" (NYSE: BBX) announced today that it has paid the remaining balance of $6.1 million to BB&T Corporation ("BB&T", on the original $285 million preferred interest in the Florida Asset Resolution Group ("FAR" held by BB&T. As a result, BBX Capital is now the sole owner of FAR which held approximately $94.8 million of assets at March 31, 2015.
BBT: 38.72 (-0.45), BBX: 16.11 (+0.10)
BFC Financial Corporation Successfully Completes Tender Offer for Shares of BBX Capital Corporation's Class A Common Stock
Marketwired - Thu Apr 30, 7:30AM CDT
BFC Financial Corporation ("BFC" (OTCQB: BFCF) (OTCQB: BFCFB) announced today that it has successfully completed its tender offer to purchase 4,771,221 shares of Class A Common Stock of BBX Capital Corporation ("BBX Capital" (NYSE: BBX) at a cash purchase price of $20.00 per share, net to the seller in cash (less any applicable withholding taxes and without interest). The tender offer, which commenced on March 20, 2015, expired at 5:00 p.m., New York City time, on April 24, 2015.
BBX: 16.11 (+0.10)
BBX Capital Real Estate and CC Homes Receive Additional Funding to Begin Development of Bonterra in Miami-Dade County
Marketwire Canada - Tue Apr 28, 7:32AM CDT
BBX Capital Real Estate, a division of BBX Capital Corporation (NYSE: BBX), is pleased to announce that its joint venture with CC Homes, a Codina-Carr Company, has received an additional $34.8 million in funding from Florida Community Bank to begin development of the Bonterra community in Hialeah, Florida, located in Miami-Dade County. Florida Community Bank has provided the developers with a construction and acquisition loan that now totals approximately $43 million to develop the property.
BBX: 16.11 (+0.10)
BFC Financial Corporation Announces Preliminary Results of Its Tender Offer for Shares of BBX Capital Corporation's Class A Common Stock
Marketwired - Mon Apr 27, 8:13AM CDT
BFC Financial Corporation ("BFC" (OTCQB: BFCF) announced today the preliminary results of its tender offer to purchase up to 4,771,221 shares of Class A Common Stock of BBX Capital Corporation ("BBX Capital" at a cash purchase price of $20.00 per share. The tender offer expired at 5:00 p.m., New York City time, on Friday, April 24, 2015.
BBX: 16.11 (+0.10)
BBX Capital Corporation Contracts to Sell Its Interests in North Flagler Property in West Palm Beach, Florida
Marketwired - Tue Apr 21, 3:11PM CDT
BBX Capital Real Estate, a division of BBX Capital Corporation ("BBX Capital," "BBX," and/or the "Company" (NYSE: BBX) announced today that a third party purchaser has entered into contracts to purchase two North Flagler properties located in West Palm Beach, Florida.
BBX: 16.11 (+0.10)
BFC Financial Corporation Announces Agreement for $80 Million Loan to Finance BBX Capital Corporation Tender Offer
Marketwired - Fri Apr 17, 3:11PM CDT
BFC Financial Corporation ("BFC" (OTCQB: BFCF) announced today that it has entered into a Loan Agreement and Promissory Note pursuant to which a wholly owned subsidiary of Bluegreen Corporation ("Bluegreen" has agreed to provide an $80 million loan to BFC which may be used to fund BFC's previously announced tender offer to purchase up to 4,771,221 shares of Class A Common Stock of BBX Capital Corporation ("BBX Capital" at a cash purchase price of $20.00 per share. Amounts outstanding on the loan will bear interest at a rate of 10% per annum. Payments of interest only will be required on a quarterly basis, with all outstanding amounts being due and payable at the end of five years. BFC will be permitted to prepay the loan in whole or in part at any time, and prepayments will be required, to the extent necessary, in order for Bluegreen or its subsidiaries to remain in compliance with covenants under their outstanding indebtedness. BFC and BBX Capital own 54% and 46%, respectively, of Woodbridge Holdings, LLC, which owns 100% of Bluegreen.
BBX: 16.11 (+0.10)
BBX Capital Acquires Kencraft Candy
Marketwired - Mon Apr 06, 3:07PM CDT
BBX Sweet Holdings, a wholly-owned subsidiary of BBX Capital Corporation ("BBX Capital" (NYSE: BBX), announced today that it has acquired the assets of Kencraft, Inc. "Kencraft Candy."
BBX: 16.11 (+0.10)
BBX Capital Special Committee Issues Statement Regarding BFC Financial Corporation Announcement of Cash Tender Offer for Shares of BBX Capital Class A Common Stock
Marketwired - Tue Mar 17, 3:29PM CDT
The special committee of independent directors (the "Special Committee" of the board of directors of BBX Capital Corporation (NYSE: BBX) ("BBX Capital" announced today that it has been informed that its majority shareholder, BFC Financial Corporation ("BFC", intends to make a tender offer to acquire up to 4,771,221 shares of the Class A common stock (including the associated preferred share purchase rights) of BBX Capital not otherwise owned by BFC at a price of $20.00 in cash per share. Presently, BFC owns approximately 51% of the outstanding shares of BBX Capital's Class A common stock.
BBX: 16.11 (+0.10)
BBX Capital Real Estate Completes the Sale of Its North Flagler Properties in West Palm Beach, Florida
Marketwired - 1 hr 13 mins ago
BBX Capital Real Estate, a division of BBX Capital Corporation ("BBX Capital," "BBX," and/or the "Company"
(NYSE: BBX) announced today that it had completed its previously announced sale of two properties located in West Palm Beach, Florida (the "North Flagler properties" to a third party on May 15, 2015. BBX: 16.11 (+0.10)
BFC Financial Corporation Reports Financial Results for the First Quarter, 2015
Marketwired - Mon May 11, 7:02AM CDT
BFC Financial Corporation ("BFC" or the "Company"
(OTCQB: BFCF) (OTCQB: BFCFB) reported financial results for the three month period ended March 31, 2015. BBX: 16.11 (+0.10)
BBX Capital Corporation Reports Financial Results for the First Quarter, 2015
Marketwired - Mon May 11, 7:02AM CDT
BBX Capital Corporation ("BBX Capital," and/or the "Company"
(NYSE: BBX) reported financial results for the three months ended March 31, 2015. BBX: 16.11 (+0.10)
BBX Capital Corporation Takes Ownership of Florida Asset Resolution Group
Marketwired - Thu May 07, 7:01AM CDT
BBX Capital Corporation ("BBX Capital," "BBX," and/or the "Company"
(NYSE: BBX) announced today that it has paid the remaining balance of $6.1 million to BB&T Corporation ("BB&T", on the original $285 million preferred interest in the Florida Asset Resolution Group ("FAR" held by BB&T. As a result, BBX Capital is now the sole owner of FAR which held approximately $94.8 million of assets at March 31, 2015. BBT: 38.72 (-0.45), BBX: 16.11 (+0.10)
BFC Financial Corporation Successfully Completes Tender Offer for Shares of BBX Capital Corporation's Class A Common Stock
Marketwired - Thu Apr 30, 7:30AM CDT
BFC Financial Corporation ("BFC"
(OTCQB: BFCF) (OTCQB: BFCFB) announced today that it has successfully completed its tender offer to purchase 4,771,221 shares of Class A Common Stock of BBX Capital Corporation ("BBX Capital" (NYSE: BBX) at a cash purchase price of $20.00 per share, net to the seller in cash (less any applicable withholding taxes and without interest). The tender offer, which commenced on March 20, 2015, expired at 5:00 p.m., New York City time, on April 24, 2015. BBX: 16.11 (+0.10)
BBX Capital Real Estate and CC Homes Receive Additional Funding to Begin Development of Bonterra in Miami-Dade County
Marketwire Canada - Tue Apr 28, 7:32AM CDT
BBX Capital Real Estate, a division of BBX Capital Corporation (NYSE: BBX), is pleased to announce that its joint venture with CC Homes, a Codina-Carr Company, has received an additional $34.8 million in funding from Florida Community Bank to begin development of the Bonterra community in Hialeah, Florida, located in Miami-Dade County. Florida Community Bank has provided the developers with a construction and acquisition loan that now totals approximately $43 million to develop the property.
BBX: 16.11 (+0.10)
BFC Financial Corporation Announces Preliminary Results of Its Tender Offer for Shares of BBX Capital Corporation's Class A Common Stock
Marketwired - Mon Apr 27, 8:13AM CDT
BFC Financial Corporation ("BFC"
(OTCQB: BFCF) announced today the preliminary results of its tender offer to purchase up to 4,771,221 shares of Class A Common Stock of BBX Capital Corporation ("BBX Capital" at a cash purchase price of $20.00 per share. The tender offer expired at 5:00 p.m., New York City time, on Friday, April 24, 2015. BBX: 16.11 (+0.10)
BBX Capital Corporation Contracts to Sell Its Interests in North Flagler Property in West Palm Beach, Florida
Marketwired - Tue Apr 21, 3:11PM CDT
BBX Capital Real Estate, a division of BBX Capital Corporation ("BBX Capital," "BBX," and/or the "Company"
(NYSE: BBX) announced today that a third party purchaser has entered into contracts to purchase two North Flagler properties located in West Palm Beach, Florida. BBX: 16.11 (+0.10)
BFC Financial Corporation Announces Agreement for $80 Million Loan to Finance BBX Capital Corporation Tender Offer
Marketwired - Fri Apr 17, 3:11PM CDT
BFC Financial Corporation ("BFC"
(OTCQB: BFCF) announced today that it has entered into a Loan Agreement and Promissory Note pursuant to which a wholly owned subsidiary of Bluegreen Corporation ("Bluegreen" has agreed to provide an $80 million loan to BFC which may be used to fund BFC's previously announced tender offer to purchase up to 4,771,221 shares of Class A Common Stock of BBX Capital Corporation ("BBX Capital" at a cash purchase price of $20.00 per share. Amounts outstanding on the loan will bear interest at a rate of 10% per annum. Payments of interest only will be required on a quarterly basis, with all outstanding amounts being due and payable at the end of five years. BFC will be permitted to prepay the loan in whole or in part at any time, and prepayments will be required, to the extent necessary, in order for Bluegreen or its subsidiaries to remain in compliance with covenants under their outstanding indebtedness. BFC and BBX Capital own 54% and 46%, respectively, of Woodbridge Holdings, LLC, which owns 100% of Bluegreen. BBX: 16.11 (+0.10)
BBX Capital Acquires Kencraft Candy
Marketwired - Mon Apr 06, 3:07PM CDT
BBX Sweet Holdings, a wholly-owned subsidiary of BBX Capital Corporation ("BBX Capital"
(NYSE: BBX), announced today that it has acquired the assets of Kencraft, Inc. "Kencraft Candy." BBX: 16.11 (+0.10)
BBX Capital Special Committee Issues Statement Regarding BFC Financial Corporation Announcement of Cash Tender Offer for Shares of BBX Capital Class A Common Stock
Marketwired - Tue Mar 17, 3:29PM CDT
The special committee of independent directors (the "Special Committee"
of the board of directors of BBX Capital Corporation (NYSE: BBX) ("BBX Capital" announced today that it has been informed that its majority shareholder, BFC Financial Corporation ("BFC", intends to make a tender offer to acquire up to 4,771,221 shares of the Class A common stock (including the associated preferred share purchase rights) of BBX Capital not otherwise owned by BFC at a price of $20.00 in cash per share. Presently, BFC owns approximately 51% of the outstanding shares of BBX Capital's Class A common stock. BBX: 16.11 (+0.10)
