BBX Capital is a Florida-based diversified holding company with three principal subsidiaries: Altman (real estate development), BBX Sweet Holdings (confectionery retail), and Renin (doors and hardware). Altman develops multifamily apartment communities, warehouse and logistics facilities, and single-family master-planned communities, primarily in Florida, operating through joint ventures where Altman serves as managing member and earns development, construction, and property management fees. Altman also co-invests equity alongside outside investors and earns a disproportionate share of profits after investors receive their capital and a preferred return — a structure that depends heavily on successful project completions and asset sales. BBX Sweet Holdings owns IT'SUGAR, a specialty candy retailer with over 100 locations across the U.S. and Canada, typically in tourist destinations and malls, selling bulk candy, novelty items, and licensed confectionery products. BBX Sweet Holdings also owns Las Olas Confections and Snacks, a smaller chocolate manufacturer and wholesaler. Renin designs, manufactures, and distributes sliding doors, barn doors, closet doors, and related hardware across North America, selling primarily through big-box retailers like Home Depot and Lowe's, as well as OEM customers and direct installation in new construction. Renin sources heavily from China and Brazil, creating tariff exposure. All three subsidiaries are currently generating operating losses, and BBX Capital is actively reviewing strategic alternatives, including subsidiary sales, operational wind-downs, and potentially deregistering from SEC reporting obligations.