Levitt Corp., locally based BankAtlantic Bancorp Inc.'s former real estate development subsidiary, separated from the company in a tax-free spin-off and became its own publicly traded company. Levitt Corp. is the parent company of Levitt Commercial, Levitt and Sons, and Core Communities. Levitt Commercial focuses on development, re-development and joint-venture opportunities with industrial and retail properties. Levitt and Sons develops single-family and multifamily homes for active adults and families in Florida. Core Communities develops master-planned communities in Florida.
Levitt Corp. also has about a 38% ownership in Bluegreen Corp., which acquires, develops, markets and sells drive-to vacation resorts, golf communities and residential land.
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