BBX Capital Corporation
BBX Capital Corporation is a Florida-based diversified holding company operating three platforms: BBX Capital Real Estate (multifamily and commercial development), BBX Sweet Holdings (IT'SUGAR specialty retail and Hoffman's Chocolates), and Renin (home improvement products), serving retail consumers, Florida real estate customers, and home improvement buyers.
- Company typePublic
- Founded1994
- HeadquartersFort Lauderdale, United States
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What BBX Capital Corporation does
BBX Capital Corporation is a Florida-based diversified holding company headquartered in Fort Lauderdale that operates through three principal platforms: BBX Capital Real Estate (encompassing Altman Living, Altman Ventures, and the now-divested BBX Logistics Properties), BBX Sweet Holdings (IT'SUGAR and Hoffman's Chocolates), and Renin. The company traces its origins to 1994, is publicly traded on OTCQX (BBXIA) and PINK (BBXIB), and runs a portfolio mix spanning multifamily and single-family residential development, warehouse and logistics real estate, specialty confectionery retail, and home improvement products. Its largest operating asset is IT'SUGAR, acquired in 2017, which operates 120+ specialty sweets stores across the United States and generates annual sales exceeding $100 million through an experiential retail concept branded "sugartainment." The Altman Companies develop and manage multifamily rental apartment communities in Florida (e.g., The Addison on Millenia in Orlando with 292 units) and historically partnered with FRP Development Corp on last-mile logistics projects; that logistics platform was divested in October 2025.
Revenue is generated through a combination of physical retail sales (IT'SUGAR and Hoffman's Chocolates), home improvement product sales (Renin), and real estate development, investment, and management activities concentrated in Florida. The company has $645.7M in total assets, $116M in cash, and $286.2M in shareholders' equity as of June 30, 2024. 2024 consolidated revenue was approximately $307M, down from approximately $401M in 2023, reflecting both the divestiture of the logistics division and softer real-estate transaction volumes. Customer segments include retail consumers of specialty confectionery, SMB and individual buyers of home improvement products, real estate investors and renters in Florida, and historically enterprise tenants in logistics facilities.
In 2025–2026 the company announced strategic steps (April 2025), closed the sale of its Logistics Development Division (October 2025), and announced a cash tender offer in June 2026 to repurchase shares at $4.00 per share—a roughly 32% premium—signaling a deliberate shift toward portfolio simplification and capital return rather than aggressive expansion.
BBX Capital Corporation firmographics
Firmographics- Name
- BBX Capital Corporation
- Legal name
- BBX Capital, Inc.
- Website
- https://bbxcapital.com
- Company type
- Public
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- BBX Capital Corporation is a Florida-based diversified holding company operating three platforms: BBX Capital Real Estate (multifamily and commercial development), BBX Sweet Holdings (IT'SUGAR specialty retail and Hoffman's Chocolates), and Renin (home improvement products), serving retail consumers, Florida real estate customers, and home improvement buyers.
- Ownership category
- akta.pro rank
BBX Capital Corporation industry classification
Industry- Product category
- Diversified Holding Company
- NAICS
- Lessors of Other Real Estate Property (53119)
- SIC
- Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Commercial Real Estate Asset Management (BPAJAMAB)
- akta.pro secondary industry
- Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)
Keywords
Where BBX Capital Corporation is headquartered
LocationHeadquarters
- HQ city
- Fort Lauderdale
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
BBX Capital Corporation business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D, Others
Revenue model
- Confectionery Retail: Revenue from retail sales through IT'SUGAR (120+ stores) and Hoffman's Chocolates, with IT'SUGAR generating annual sales exceeding $100 million. Growth rate of 15-20 new locations per year.
- Real Estate Investment and Development: Revenue from acquisition, development, construction, ownership, financing, and management of real estate including multifamily rental communities, single-family master-planned for-sale housing communities, warehouse and logistics facilities, and commercial properties primarily in Florida.
- Logistics Development: BBX Logistics Properties develops logistics facilities through joint ventures, with projects like The Park at Davie (182,000 sq ft) and The Park at Lakeland (213,500 sq ft).
- Renin: Renin is one of the principal holdings of BBX Capital, involved in home improvement products.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels3 records
BBX Capital Corporation product offering
Product offeringCore offering
BBX Capital is a diversified holding company that owns and operates three principal holdings: BBX Capital Real Estate (multifamily rental communities through Altman Living, real estate ventures through Altman Ventures, and logistics facilities through BBX Logistics Properties); BBX Sweet Holdings (IT'SUGAR, the largest specialty sweets retailer in the U.S. with 120+ stores, and Hoffman's Chocolates); and Renin (home improvement products including glass and bathroom fixtures). The company's portfolio spans real estate development, specialty confectionery retail, and building products across the United States with a Florida concentration.
Product overview
BBX Capital is a Florida-based diversified holding company operating a portfolio of distinct subsidiaries and acquired brands. The company is structured as a platform-plus-subsidiaries model with three principal holdings: BBX Capital Real Estate (encompassing Altman Living, Altman Ventures, and BBX Logistics Properties), BBX Sweet Holdings (including IT'SUGAR and Hoffman's Chocolates), and Renin. The portfolio spans real estate development, specialty retail confectionery, and home improvement products sectors.
Differentiator
Problem solved
Functional benefit
Brands
- Altman: Altman Companies encompasses Altman Ventures (operating platforms and ventures) and Altman Living (multifamily rental apartment communities)
- BBX Sweet Holdings
- IT'SUGAR
- Hoffman's Chocolates
- Renin
- BBX Logistics Properties
Products and services
- Altman Living A multifamily rental apartment community development and management platform operating under The Altman Companies, focused on developing Class A residential properties in Florida.
- Altman Ventures An operating platform under The Altman Companies focused on multifamily and mixed-use real estate ventures and investment opportunities in Florida.
- IT'SUGAR The largest specialty sweets retailer in the United States with 120-plus stores, operating an experiential retail 'sugartainment' strategy that combines entertainment with confectionery shopping and features partnerships with brands such as Oreo and M&M's. Acquired by BBX Capital in 2017.
- Hoffman's Chocolates A chocolate company and confectionery brand under BBX Sweet Holdings, operating brick-and-mortar chocolate retail through Hoffman's Chocolates locations.
- Renin A home improvement products company and wholly-owned subsidiary of BBX Capital, focused on building materials including glass and bathroom fixtures.
Quantifiable outcome
- IT'SUGAR achieved annual sales exceeding $100 million
- +2 more outcomes
Companies that use BBX Capital Corporation
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles4 records
BBX Capital Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
BBX Capital Corporation partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- FRP Development CorpcoreBBX Logistics Properties (a division of BBX Capital Real Estate) partnered with FRP Development Corp, a Jacksonville-based full-service real estate investment and development company, to develop logistics facilities in Florida. The joint ventures include The Park at Davie (182,000 sq ft) and The Park at Lakeland (213,500 sq ft). Both projects are designed to serve last-mile direct-to-consumer distribution needs in South Florida.
- OreominorIT'SUGAR, a subsidiary of BBX Capital, has partnerships with major brands such as Oreo and M&M's to drive foot traffic through exclusive and trending products.
- M&M'sminorIT'SUGAR, a subsidiary of BBX Capital, has partnerships with major brands such as Oreo and M&M's to drive foot traffic through exclusive and trending products.
Scale indicators10 records
Recent moves7 records
Expansion highlights5 records
BBX Capital Corporation competitors and assessment
Company assessmentBroad incumbents
- Camden Property Trust: Multifamily REIT with significant Sun Belt exposure including Florida. Closely comparable to Altman Living's Class A multifamily rental community strategy.
- Brookfield Asset Management: Large-scale global real estate, infrastructure, and alternative asset operator with multifamily, logistics, and mixed-use development. Comparable broad real asset diversification but at vastly greater scale than BBX Capital.
- Hershey Company: Largest North American confectionery manufacturer with branded candy, sweets, and chocolate. Comparable confectionery category exposure to IT'SUGAR and Hoffman's Chocolates but at vastly greater scale.
Emerging players
- See's Candies: Specialty chocolate and candy retailer with strong West Coast brick-and-mortar presence. Comparable specialty confectionery retail format to IT'SUGAR and Hoffman's Chocolates.
- Sugarfina: Boutique luxury candy retailer with experiential, adult-focused positioning. Closely comparable 'experiential candy' concept to IT'SUGAR's sugartainment model.
Direct peers
- The St. Joe Company: Florida-based diversified real estate holding company with significant land holdings, commercial, multifamily, and hospitality operating properties. Highly comparable operating model and Florida geography to BBX Capital Real Estate.
- Toll Brothers: Luxury homebuilder with significant Florida for-sale housing presence and multifamily exposure. Comparable product overlap to BBX Capital's Altman Living and Altman Ventures platforms.
- Howard Hughes Holdings (formerly Howard Hughes Corporation): Diversified real estate holding company operating master-planned communities, multifamily, office, and retail. Comparable diversified real estate platform structure with operating company exposure akin to BBX Capital's Altman/BBX Sweet mix.
- Lennar Corporation: Largest U.S. homebuilder with major Florida single-family and multifamily (via LMC) exposure. Comparable to BBX Capital Real Estate's single-family master-planned and multifamily rental development in Florida.
- Five Point Holdings: Diversified real estate developer of master-planned communities in California and Florida. Comparable land-development and master-planned community strategy to Altman Ventures.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights5 records
Customer concentration
BBX Capital Corporation social profiles
Digital presenceBBX Capital Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
BBX Capital Corporation leadership team
Management profileNumber of profiles
Profiles6 records
BBX Capital Corporation subsidiaries and ownership
Company hierarchySubsidiaries7 records
BBX Capital Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BBX Capital Corporation M&A and investment
M&A and investmentM&A8 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BBX Capital Corporation
What does BBX Capital Corporation do?
BBX Capital is a diversified holding company that owns and operates three principal holdings: BBX Capital Real Estate (multifamily rental communities through Altman Living, real estate ventures through Altman Ventures, and logistics facilities through BBX Logistics Properties); BBX Sweet Holdings (IT'SUGAR, the largest specialty sweets retailer in the U.S. with 120+ stores, and Hoffman's Chocolates); and Renin (home improvement products including glass and bathroom fixtures). The company's portfolio spans real estate development, specialty confectionery retail, and building products across the United States with a Florida concentration.
Is BBX Capital Corporation a public or private company?
BBX Capital Corporation is a public company. It is classified as public and is currently operating.
When was BBX Capital Corporation founded?
BBX Capital Corporation was founded in 1994. It employs 1,001 to 5,000 people.
Where is BBX Capital Corporation based?
BBX Capital Corporation is headquartered in Fort Lauderdale, United States, in the North America region.
How does BBX Capital Corporation make money?
Four revenue lines are on record. Confectionery Retail is the primary driver. The others are real Estate Investment and Development, logistics Development and renin.
Who are BBX Capital Corporation's main competitors?
Broad incumbents on record are Camden Property Trust, Brookfield Asset Management and Hershey Company. Emerging players are See's Candies and Sugarfina. Direct peers are The St. Joe Company, Toll Brothers, Howard Hughes Holdings (formerly Howard Hughes Corporation), Lennar Corporation and Five Point Holdings.
Does BBX Capital Corporation have an API?
No public API is recorded for BBX Capital Corporation.
What industry is BBX Capital Corporation in?
BBX Capital Corporation's product category is Diversified Holding Company. Its primary akta.pro industry code is BPAJAMAB, Commercial Real Estate Asset Management, with a secondary code of FSANAHAN, Corporate Strategic Real Assets & Infrastructure Venture Investing. Its NAICS code is 53119 and its SIC code is 6532.