Bluegreen Vacations Launches Roadshow for its Proposed Initial Public Offering

Bluegreen Vacations Corporation (formerly Bluegreen Corporation) (“Bluegreen Vacations”) and its parent company, BBX Capital Corporation (NYSE: BBX)(OTCQX: BBXTB) (“BBX Capital”), announced today that Bluegreen Vacations has commenced an initial public offering of 6,498,648 shares of its common stock. Bluegreen Vacations is offering 3,736,723 shares and Woodbridge Holdings, LLC, a wholly owned subsidiary of BBX Capital (“Woodbridge”), is offering 2,761,925 shares as selling shareholder.