BBX Capital Corporation Reports Financial Results

May 10, 2017 — BBX Capital Corporation (“BBX Capital” or the “Company”) (OTCQX: BBXT) (OTCQX: BBXTB) reported financial results for the three month period ended March 31, 2017. BBX Capital Selected Financial Data (Consolidated) First Quarter 2017 Compared to First Quarter 2016: Total consolidated revenues of $171.8 million vs. $165.7 million Net income to common…

Liberty Bank Renews $50MM Receivables Loan with Bluegreen Vacations 

Wellington Financial, the exclusive resort finance lending correspondent for Liberty Bank, announced the bank has recently renewed a financing agreement with Bluegreen Vacations (“Bluegreen”). Bluegreen is a major vacation ownership sales, marketing and resort management company. The $50 million hypothecation loan will be used to finance vacation ownership interest notes receivable. “We’ve been lending to Bluegreen since 2008…