Seth M. Wise serves as Executive Vice President and a Director of BBX Capital, Inc. He is also President of BBX Capital Real Estate and CEO of The Altman Companies, which since 1968 has built over 27,000 market rate and affordable rental apartments. The Altman Companies is owned by BBX Capital Real Estate. He is also Chairman of BBX Logistics Properties, which BBX Capital Real Estate owns.
Seth has more than 25 years of experience in many facets of real estate finance, management, investment, restructuring and development. Throughout his career, Seth 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. This portfolio has successfully monetized since 2012 through development, sale, restructuring, and loan payoffs of well over $750 million. Seth’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. Seth also has expertise in equity investment, lending, and debt restructuring, including the management of a commercial real estate workout portfolio of over $1 billion.
Seth 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. He is a member of the Ambassadors Board of Nova Southeastern University. Seth 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 prestigious Young Presidents Organization (YPO), and was Past Chairman of the Board of Directors for Jewish Family Services of Broward County, a nonprofit human services organization, and Jewish Family Home Care, a nonprofit home health agency primarily serving Holocaust survivors. He is a member of the Board of Directors of the Jewish Federation of Broward County and a member of the National Council of AIPAC, and a member of Forbes Real Estate Council.
Seth earned a Bachelor of Science in Finance degree from the University of Florida.