Bluegreen Vacations shares jump on privatizing move

Shares of Bluegreen Vacations Corp. were up 18.8 percent in mid-morning trading after majority shareholder BBX Capital Corp. announced it would take the company private. Shares of Bluegreen, which is based in Boca Raton, were trading at $15.99, which was a penny less than the $16 price that BBX said it would pay minority shareholders

Miami firms buy Prospect Towers in Clearwater for $13.5 million

Coral Rock Development Corp. and Arena Capital Holdings, both based in Miami, acquired Prospect Towers in downtown Clearwater for $13.5 million. The senior living high-rise has 208 independent living units and sits on 2.3 acres. Coral Rock and Arena Capital plan to renovate the property, including the interior. Innovation Senior Management will manage operations of