Seth M. Wise serves as Executive Vice President and a director of BBX Capital, Inc. He is also the CEO of The Altman Companies, which since 1968 has built over 27,000 market rate and affordable rental apartments, and the Chairman of BBX Logistics Properties. The Altman Companies and BBX Logistics Properties are wholly-owned subsidiaries of BBX Capital, Inc.
Mr. Wise has more than 25 years of experience in many facets of real estate finance, management, investment, restructuring and development. Throughout his career, Mr. Wise has been responsible for managing approximately $3 billion of real estate assets in various classes including industrial, retail, and a focus in housing that includes single-family, master-planned communities and multifamily. He has managed an acquired portfolio of nearly $600 million of performing and non-performing loans and real estate. Mr. Wise’s real estate development experience includes in excess of 1.5 million-square-feet of industrial space. He has also been involved in the development of nearly 5,000 single-family homes. Mr. Wise also has expertise in equity investment, lending, and debt restructuring, including the management of a commercial real estate workout portfolio of over $1 billion.
Mr. Wise is an active member of organizations in his field and community. He is a sustaining member of the Wharton School of the University of Pennsylvania Zell/Lurie Real Estate Center and a member of the Ambassadors Board of Nova Southeastern University. Mr. Wise has served as an Executive Board Member of the Real Estate Advisory Board of the Center for Real Estate Studies at the University of Florida, and the Southeast Florida/Caribbean Council of Urban Land Institute (ULI). He is a member of the Board of Directors of the Jewish Federation of Broward County, a member of the National Council of AIPAC and a past Chairman of the Board of Directors for Jewish Family Services of Broward County and Jewish Family Home Care. He is also a member of the prestigious Young Presidents Organization (YPO).
Mr. Wise earned a Bachelor of Science in Finance from the University of Florida.