Bluegreen Vacations Renews and Extends $50 million Timeshare Receivables Facility

FORT LAUDERDALE, FL—(Marketwired – April 10, 2018) – BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) (“BBX Capital”), announced that Bluegreen Vacations Corporation (NYSE: BXG), which is 90% owned by BBX Capital, issued the following release.

About BBX Capital Corporation: BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), is a Florida–based diversified holding company whose activities include its 90 percent ownership interest in Bluegreen Vacations Corporation (NYSE: BXG) as well as its real estate and middle market divisions. For additional information, please visit www.BBXCapital.com.

About Bluegreen Vacations Corporation: Bluegreen Vacations Corporation (NYSE: BXG) is a leading vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in top leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points–based, deeded vacation ownership plan with approximately 213,000 owners, 67 Club and Club Associate Resorts and access to more than 11,000 other hotels and resorts through partnerships and exchange networks as of December 31, 2017. Bluegreen Vacations also offers a portfolio of comprehensive, fee–based resort management, financial, and sales and marketing services, to or on behalf of third parties. Bluegreen is 90% owned by BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), a diversified holding company. For further information, visit www.BluegreenVacations.com.

The Bluegreen Vacations press release follows below:

Bluegreen Vacations Renews and Extends $50 million Timeshare Receivables Facility

BOCA RATON, FL – April 09, 2018 – Bluegreen Vacations Corporation (NYSE: BXG) (“Bluegreen” or the “Company”) today reported that on March 12, 2018, the Company amended and restated its revolving timeshare receivables hypothecation facility with Liberty Bank. The restructured revolving credit period will now run through March 2020, maturing in March 2023. This agreement did not impact the maximum permitted outstanding borrowing of $50 million, and as of March 12, 2018, only $22.8 million was outstanding under the facility. Commencing on April 1, 2018, the interest rate on the facility will decrease to the Prime Rate from the Prime Rate plus 0.50%, both subject to a floor of 4.00%. Bluegreen plans to continue to use the facility to finance vacation ownership interest notes receivable.

“This extension to our agreement with Liberty Bank continues and improves a key element of our liquidity profile to fuel growth in our vacation ownership sales,” commented Tony Puleo, Bluegreen Vacation's Executive Vice President and Chief Financial Officer. “We value our longstanding relationship with Liberty Bank, and we believe this amended agreement will contribute to the ongoing success of our business model.”

Don Peruta, Senior Vice President of Liberty Bank commented, “Liberty Bank is excited to continue our relationship with Bluegreen. We are pleased to play a role in its ongoing success and remain committed to supporting the vacation ownership industry.”

About Bluegreen Vacations Corporation:

Bluegreen Vacations Corporation (NYSE: BXG) is a leading vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in top leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points–based, deeded vacation ownership plan with approximately 213,000 owners, 67 Club and Club Associate Resorts and access to more than 11,000 other hotels and resorts through partnerships and exchange networks as of December 31, 2017. Bluegreen Vacations also offers a portfolio of comprehensive, fee–based resort management, financial, and sales and marketing services, to or on behalf of third parties. Bluegreen is 90% owned by BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), a diversified holding company. For further information, visit www.BluegreenVacations.com.

About BBX Capital Corporation:

BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), is a Florida–based diversified holding company whose activities include its 90% ownership interest in Bluegreen Vacations Corporation (NYSE: BXG) as well as its real estate and middle market divisions. For additional information, please visit www.BBXCapital.com.

Forward–Looking Statements:

Certain statements in this press release are “forward–looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, are forward–looking statements. Forward–looking statements are based on current expectations of management and can be identified by the use of words such as “believe”, “may”, “could”, “should”, “plans”, “anticipates”, “intends”, “estimates”, “expects”, and other words and phrases of similar impact. Forward–looking statements may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance to differ from those set forth or implied by the forward–looking statements, including but not limited to, risks that the Company's results or performance will differ from that expected, the risk that the terms for drawing on the facility will not be met, and the risk that the Company will not in the future be in compliance with applicable covenants and ratios required by the facility. For a description of other risks and uncertainties, please see the “Risk Factors” section of Bluegreen's Annual Report on Form 10–K for the year ended December 31, 2017. Bluegreen cautions that the foregoing factors are not exclusive. You should not place undue reliance on any forward–looking statement, which speaks only as of the date made. Bluegreen does not undertake, and specifically disclaims any obligation, to update or supplement any forward–looking statements.

BBX Capital's MOD Pizza to Open Its First Miami-Dade County Location in Kendall, Florida

FORT LAUDERDALE, FL—(Marketwired – April 09, 2018) – BBX Capital (“BBX Capital” or “BBX”) announced today that the grand opening of its new South Florida MOD Pizza is planned to take place on Tuesday, April 10th. The new Kendall location, in The Palms at Town & Country at 8525 Mills Drive, Unit 301, is MOD's third in South Florida. Planned hours of operation are from 10:30am to 10:00pm, every day.

In celebration of its grand opening, MOD will give a free artisan–style pizza to the first 52 guests, after which 100 percent of all proceeds from pizza sales on opening day will be donated to the Boys & Girls Clubs of Miami–Dade.

“MOD has established itself as a leader in the fast–casual pizza category by offering customers an authentic, affordable and timely dining experience,” said Jarett Levan, President of BBX Capital. “We are thrilled to introduce the '305' to MOD, and its artisan–style pizzas with 30+ toppings, one price, and the superfast MOD experience.”

MOD's individual, artisan–style pizzas are made on demand, using fresh–pressed dough and signature sauces. Customers create their own pizzas and salads, using any combination of over 30 featured toppings, or by choosing from a menu of MOD classics. The price remains the same regardless of the number of toppings. Pizzas are hand–cooked in an 800–degree oven in just minutes and salads are individually hand–tossed for each customer. The menu is rounded out with handspun milkshakes, house–made lemonades and iced teas, and local craft beers and wine.

The 3,400–square foot Kendall location includes an outdoor patio, original artwork and a hand painted mural by Miami based artist Tragek. The store also proudly displays MOD's signature “Wall of Fame,” a photo collage that pays homage to the local community and people from the MOD journey.

BBX Capital is the exclusive franchisee for the MOD Pizza brand for the state of Florida and has signed an agreement to develop up to 60 MOD locations throughout the state over the next six years. BBX currently operates MOD locations in Coral Springs, Parkland and Jacksonville.

To learn more about MOD, please visit www.modpizza.com or watch the MOD Difference Video.

About MOD Super–Fast Pizza Holdings, LLC:
MOD Pizza is a pioneer of the fast–casual pizza segment, founded in Seattle in 2008 by entrepreneur husband and wife team Scott and Ally Svenson. MOD's individual artisan–style pizzas are made on demand, allowing customers to create their own pizzas and salads, using fresh–pressed dough, signature sauces and over 30 toppings, all for one incredible price. With more than 325 locations system–wide across 27 states and the United Kingdom, MOD is committed to creating not only a cool place to eat, but an inspired place to work. The company was recently recognized as the number one mid–sized restaurant chain in the US in the October 2017 Fishbowl Buzz Brands Report, named as the most loved pizza brand by Foodable Network in its May 2017 Most Loved Brands Report, has been ranked as America's fastest growing chain restaurant by Technomic, earned a spot on the Inc.500 list, and was recognized by Fortune as one of the “20 Best Workplaces in Retail,” a “Best Workplace for Women,” a “Best Workplace for Millennials,” and a “Best Workplace for Diversity.” For more information, please visit www.modpizza.com or connect with the brand via Facebook, Twitter or Instagram.

About BBX Capital Corporation: BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), is a Florida–based diversified holding company whose activities include its 90 percent ownership interest in Bluegreen Vacations Corporation (NYSE: BXG) as well as its real estate and middle market divisions. For additional information, please visit www.BBXCapital.com.

About Boys & Girls Clubs of Miami–Dade
Boys & Girls Clubs of Miami–Dade has been serving youth in the community since 1940. What once was a single building and site for boys has grown to five Clubs serving thousands of boys and girls year–round, providing programs in the areas of character and leadership development, educational enhancement, career preparation, health and life skills, cultural arts and sports, fitness and recreation. Club staffing, initiatives, and programs are designed to inspire and enable young people and provide them with the resources to succeed and share in the American Dream. For more information, please visit www.bgcmia.org.

BBX Capital Real Estate and Stiles Joint Venture Complete the Sale of a Building at PGA Station in Palm Beach Gardens, FL

FORT LAUDERDALE, FL—(Marketwired – March 29, 2018) – BBX Capital Corporation (NYSE: BBX) (“BBX Capital” or “BBX”) announced today that BBX Capital Real Estate, a division of BBX Capital, and its joint venture partner, Stiles Property Fund (“Stiles”), had completed the sale of a building at the BBX Capital's PGA Station development located in Palm Beach Gardens, Florida.

In January 2018, the BBX/Stiles joint venture sold a 43,400–square foot building partially occupied by La–Z–Boy at the PGA Station development for approximately $7.4 million. As a result, BBX Capital recognized its share of the gain through equity earnings of approximately $1.3 million.

The BBX/Stiles joint venture at PGA Station originally encompassed the sale or lease of three buildings. As a result of the above sale, two remaining buildings are currently available for sale or lease.

Dustin Ozga, Vice President of Stiles Realty, represented the BBX/Stiles joint venture in the disposition (or represented the Seller) and Scott Weprin of Michael Falk & Company co–brokered the sale (or represented the Buyer, Precise Property).

BBX Capital Real Estate is the master developer of PGA Station. Future plans for the development include three buildings encompassing approximately 188,000 square feet of Class A office space.

About BBX Capital Real Estate: BBX Capital Real Estate is active in the acquisition, ownership and management of real estate development projects and investments in joint ventures. BBX Capital Real Estate also holds legacy assets previously owned by BankAtlantic consisting of loans and charged off loans and judgments. For further information, please visit http://www.bbxcapital.com/bbx–capital–real–estate/overview/

About BBX Capital Corporation: BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), is a Florida–based diversified holding company whose activities include its 90 percent ownership interest in Bluegreen Vacations Corporation (NYSE: BXG) as well as its real estate and middle market divisions. For additional information, please visit www.BBXCapital.com.

About Bluegreen Vacations Corporation: Bluegreen Vacations Corporation (NYSE: BXG), founded in 1966 and headquartered in Boca Raton, Florida, is a leading vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in top leisure and urban destinations. Bluegreen's resort network includes 43 Club Resorts (resorts in which owners in the Bluegreen Vacation Club (“Vacation Club”) have the right to use most of the units in connection with their VOI ownership) and 24 Club Associate Resorts (resorts in which owners in its Vacation Club have the right to use a limited number of units in connection with their VOI ownership). Through Bluegreen's points–based system, the approximately 213,000 owners in its Vacation Club have the flexibility to stay at units available at any of its resorts and have access to almost 11,000 other hotels and resorts through partnerships and exchange networks. Bluegreen Vacations also offers a portfolio of comprehensive, fee–based resort management, financial, and sales and marketing services, to or on behalf of third parties. Bluegreen is 90% owned by BBX Capital Corporation. For further information, visit www.BluegreenVacations.com.

About Stiles: Stiles is a full–service commercial real estate firm with a clear mission: Invest. Build. Manage. Stiles services include development, construction, tenant improvement, realty, property management, architecture, acquisitions and financing. Headquartered in Fort Lauderdale, Stiles maintains regional offices in Miami, Fort Myers, Tampa and Orlando, Florida, and has a development office in Charlotte, North Carolina. Stiles is responsible for more than 43 million square feet of office, industrial, retail and mixed–use residential projects throughout the southeastern United States. For more information, please visit http://www.stiles.com or call 954–627–9300.

This press release contains forward–looking statements based on current expectations that involve a number of risks and uncertainties. All opinions, forecasts, projections, future plans or other statements, other than statements of historical fact, are forward–looking statements and include, but not limited to, words or phrases such as “plans,” “believes,” “will,” “expects,” “anticipates,” “intends,” “estimates,” “our view,” “we see,” “would” and words and phrases of similar import. We can give no assurance that such expectations will prove to be correct. Future results could differ materially as a result of a variety of risks and uncertainties, many of which are outside of the control of management. These risks and uncertainties include, but are not limited to the impact of economic, competitive and other factors affecting the Company; risks relating to the Company's ability to successfully implement its currently anticipated business plans, which may not be realized as anticipated, if at all; that the Company's investments in real estate developments, either directly or through joint ventures, will increase exposure to downturns in the real estate and housing markets and expose it to risks associated with real estate development activities and the risk that its joint venture partners may not fulfill their obligations; that required regulatory entitlements to develop the property will not be obtained timely or at all; that the property will not be developed as currently planned and that the Company's investment in this or future real estate joint ventures may not achieve the returns anticipated or be profitable. In addition to the risks and factors identified above, reference is also made to other risks and factors impacting BBX Capital detailed in the Annual Report on Form 10–K, including Item 1A. Risk Factors, which is available to view on the SEC's website, www.sec.gov, or on BBX Capital's website, www.BBXCapital.com. The Company cautions that the foregoing factors are not exclusive.

BBX Capital Real Estate and Stiles Joint Venture Complete the Sale of a Building at PGA Station in Palm Beach Gardens, FL

FORT LAUDERDALE, FL—(Marketwired – March 29, 2018) – BBX Capital Corporation (NYSE: BBX) (“BBX Capital” or “BBX”) announced today that BBX Capital Real Estate, a division of BBX Capital, and its joint venture partner, Stiles Property Fund (“Stiles”), had completed the sale of a building at the BBX Capital's PGA Station development located in Palm Beach Gardens, Florida.

In January 2018, the BBX/Stiles joint venture sold a 43,400–square foot building partially occupied by La–Z–Boy at the PGA Station development for approximately $7.4 million. As a result, BBX Capital recognized its share of the gain through equity earnings of approximately $1.3 million.

The BBX/Stiles joint venture at PGA Station originally encompassed the sale or lease of three buildings. As a result of the above sale, two remaining buildings are currently available for sale or lease.

Dustin Ozga, Vice President of Stiles Realty, represented the BBX/Stiles joint venture in the disposition (or represented the Seller) and Scott Weprin of Michael Falk & Company co–brokered the sale (or represented the Buyer, Precise Property).

BBX Capital Real Estate is the master developer of PGA Station. Future plans for the development include three buildings encompassing approximately 188,000 square feet of Class A office space.

About BBX Capital Real Estate: BBX Capital Real Estate is active in the acquisition, ownership and management of real estate development projects and investments in joint ventures. BBX Capital Real Estate also holds legacy assets previously owned by BankAtlantic consisting of loans and charged off loans and judgments. For further information, please visit http://www.bbxcapital.com/bbx–capital–real–estate/overview/

About BBX Capital Corporation: BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), is a Florida–based diversified holding company whose activities include its 90 percent ownership interest in Bluegreen Vacations Corporation (NYSE: BXG) as well as its real estate and middle market divisions. For additional information, please visit www.BBXCapital.com.

About Bluegreen Vacations Corporation: Bluegreen Vacations Corporation (NYSE: BXG), founded in 1966 and headquartered in Boca Raton, Florida, is a leading vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in top leisure and urban destinations. Bluegreen's resort network includes 43 Club Resorts (resorts in which owners in the Bluegreen Vacation Club (“Vacation Club”) have the right to use most of the units in connection with their VOI ownership) and 24 Club Associate Resorts (resorts in which owners in its Vacation Club have the right to use a limited number of units in connection with their VOI ownership). Through Bluegreen's points–based system, the approximately 213,000 owners in its Vacation Club have the flexibility to stay at units available at any of its resorts and have access to almost 11,000 other hotels and resorts through partnerships and exchange networks. Bluegreen Vacations also offers a portfolio of comprehensive, fee–based resort management, financial, and sales and marketing services, to or on behalf of third parties. Bluegreen is 90% owned by BBX Capital Corporation. For further information, visit www.BluegreenVacations.com.

About Stiles: Stiles is a full–service commercial real estate firm with a clear mission: Invest. Build. Manage. Stiles services include development, construction, tenant improvement, realty, property management, architecture, acquisitions and financing. Headquartered in Fort Lauderdale, Stiles maintains regional offices in Miami, Fort Myers, Tampa and Orlando, Florida, and has a development office in Charlotte, North Carolina. Stiles is responsible for more than 43 million square feet of office, industrial, retail and mixed–use residential projects throughout the southeastern United States. For more information, please visit http://www.stiles.com or call 954–627–9300.

This press release contains forward–looking statements based on current expectations that involve a number of risks and uncertainties. All opinions, forecasts, projections, future plans or other statements, other than statements of historical fact, are forward–looking statements and include, but not limited to, words or phrases such as “plans,” “believes,” “will,” “expects,” “anticipates,” “intends,” “estimates,” “our view,” “we see,” “would” and words and phrases of similar import. We can give no assurance that such expectations will prove to be correct. Future results could differ materially as a result of a variety of risks and uncertainties, many of which are outside of the control of management. These risks and uncertainties include, but are not limited to the impact of economic, competitive and other factors affecting the Company; risks relating to the Company's ability to successfully implement its currently anticipated business plans, which may not be realized as anticipated, if at all; that the Company's investments in real estate developments, either directly or through joint ventures, will increase exposure to downturns in the real estate and housing markets and expose it to risks associated with real estate development activities and the risk that its joint venture partners may not fulfill their obligations; that required regulatory entitlements to develop the property will not be obtained timely or at all; that the property will not be developed as currently planned and that the Company's investment in this or future real estate joint ventures may not achieve the returns anticipated or be profitable. In addition to the risks and factors identified above, reference is also made to other risks and factors impacting BBX Capital detailed in the Annual Report on Form 10–K, including Item 1A. Risk Factors, which is available to view on the SEC's website, www.sec.gov, or on BBX Capital's website, www.BBXCapital.com. The Company cautions that the foregoing factors are not exclusive.

BBX Capital Real Estate and CC Homes Announce the Completion of Bonterra — CC Homes

FORT LAUDERDALE, FL—(Marketwired – March 28, 2018) – BBX Capital Real Estate, a division of BBX Capital Corporation (NYSE: BBX) (“BBX Capital”), and its joint venture partner, CC Homes — a Codina–Carr Company (“CC Homes”), today announced the completion of its Bonterra community located in Hialeah, Florida.

In 2014, BBX Capital invested in a joint venture with CC Homes to develop a portion of BBX Capital's Bonterra master–planned residential community near I–75 in Dade County, Florida. CC Homes built and sold 394 highly stylized single–family homes featuring many upgraded designer touches. The community also featured many conveniences including access to a clubhouse, fitness center, resort pool, parks, and a 15–acre lake.

About BBX Capital Real Estate: BBX Capital Real Estate is active in the acquisition, ownership and management of real estate development projects and investments in joint ventures. BBX Capital Real Estate also holds legacy assets previously owned by BankAtlantic consisting of loans and charged off loans and judgments. For further information, please visit http://www.bbxcapital.com/bbx–capital–real–estate/overview/

About BBX Capital Corporation: BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) is a Florida–based diversified holding company whose activities include its 90 percent ownership interest in Bluegreen Vacations Corporation (NYSE: BXG) as well as its real estate and middle market divisions. For additional information, please visit www.BBXCapital.com.

About Bluegreen Vacations Corporation: Bluegreen Vacations Corporation (NYSE: BXG), founded in 1966 and headquartered in Boca Raton, Florida, is a leading vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in top leisure and urban destinations. Bluegreen's resort network includes 43 Club Resorts (resorts in which owners in the Bluegreen Vacation Club (“Vacation Club”) have the right to use most of the units in connection with their VOI ownership) and 24 Club Associate Resorts (resorts in which owners in its Vacation Club have the right to use a limited number of units in connection with their VOI ownership). Through Bluegreen's points–based system, the approximately 213,000 owners in its Vacation Club have the flexibility to stay at units available at any of its resorts and have access to almost 11,000 other hotels and resorts through partnerships and exchange networks. Bluegreen Vacations also offers a portfolio of comprehensive, fee–based resort management, financial, and sales and marketing services, to or on behalf of third parties. Bluegreen is 90% owned by BBX Capital Corporation. For further information, visit www.BluegreenVacations.com.

Bluegreen Vacations(TM) Names Jorge de la Osa as EVP, Chief Legal and Compliance Officer

FORT LAUDERDALE, FL—(Marketwired – March 23, 2018) – BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB) (“BBX Capital”), announced that Bluegreen Vacations Corporation (NYSE: BXG), which is 90% owned by BBX Capital, issued the following release today.

The Bluegreen Vacations press release follows below:

Bluegreen Vacations™ Names Jorge de la Osa as EVP, Chief Legal and Compliance Officer

BOCA RATON, Fla.— March 23, 2018 – Bluegreen Vacations Corporation (NYSE: BXG), a leading vacation ownership company, today announced that it has named Jorge de la Osa as Executive Vice President, Chief Legal and Compliance Officer of Bluegreen Vacations Corporation. In this role, Mr. de la Osa will serve as chief counsel and advisor to the company's Board of Directors and executive leadership team and oversee the company's day to day legal operations and compliance program.

“Jorge is a proven executive, whose extensive legal and compliance expertise is an excellent addition to our leadership team,” said Shawn B. Pearson, CEO of Bluegreen Vacations. “His breadth of global legal experience, deep knowledge of the vacation ownership industry, and large organization background will be tremendous assets as we continue to execute our growth strategy.”

Prior to joining Bluegreen, Jorge de la Osa was Executive Vice President and General Counsel at Wyndham Vacation Ownership. In this role, Mr. de la Osa was responsible for the management and support of more than 200 legal associates, while also supporting and advising the company's executive team and internal business partners. Before Wyndham, he was Lead Corporate Counsel at Sol Melia Vacation Club, a subsidiary of Melia Hotels International, where he helped create the legal structure for their international vacation club and designed and implemented programs, policies and practices to ensure the company was in compliance with all applicable legal regulatory requirements. Mr. de la Osa also served as Corporate Counsel to Tempus Resorts International. Mr. de la Osa began his legal career as a Real Estate Group Associate at Baker & Hostetler LLP.

Mr. de la Osa has served as a member of Harbor House, the National Coalition for Community and Justice, Big Brothers & Big Sisters of Central Florida and is an active member of the Florida Bar Association. Mr. de la Osa received his J.D. in Law from the University of Florida Levin College of Law and B.S. in Business Administration, Finance from the University of Florida.

About Bluegreen Vacations Corporation:

Bluegreen Vacations Corporation, founded in 1966 and headquartered in Boca Raton, Florida, is a leading vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in top leisure and urban destinations. The Bluegreen Vacation Club is a flexible, points–based, deeded vacation ownership plan with approximately 213,000 owners, 67 Club and Club Associate Resorts and access to more than 11,000 other hotels and resorts through partnerships and exchange networks. Bluegreen Vacations also offers a portfolio of comprehensive, fee–based resort management, financial, and sales and marketing services, to or on behalf of third parties. Bluegreen is 90% owned by BBX Capital Corporation. For further information, visit www.BluegreenVacations.com.

About BBX Capital Corporation:

About BBX Capital Corporation: BBX Capital Corporation (NYSE: BBX) (OTCQX: BBXTB), is a Florida–based diversified holding company whose activities include its 90 percent ownership interest in Bluegreen Vacations Corporation (NYSE: BXG) as well as its real estate and middle market divisions. For additional information, please visit www.BBXCapital.com.