Fort Lauderdale-based Seth Wise is the quintessential financial achiever, with his fingers in plenty of pies: As if it werenโt enough to serve as the co-chief executive officer of the Altman Companies (which has built more than 26,000 rental apartments) and president of BBX Capital Real Estate, heโs also on the board of Bluegreen Vacations (a fractional vacation ownership concern listed on the New York Stock Exchange) and a member of the
Forbes Real Estate Council. Born in Washington, D.C., Wise earned a bachelor of science degree in finance at the University of Florida, and his is a true South Florida success storyโthroughout his career, he has managed approximately $3 billion of real estate assets in various classesโbut, like many successful businesspeople in a region that offers peerless quality of life, Wise has taken stock of his priorities during the pandemic era, welcoming working from home, a third dog, getting in shape and being home for dinner. He sounds like a man at ease, despite his myriad responsibilities.
Who was the best mentor youโve ever had? Iโve been blessed with two mentors, Alan Levan [chairman of BBX Capital Corporation] and [vice chairman of BBX Capital] John Abdo, who has been his partner for the last 40 years.
What was their mentorship style? Did you learn based on observations and osmosis, or was it more direct? It was both. Iโve been working with both of them since 1996, so Iโve had the opportunity to observe how theyโve handled themselves in times of extreme challenge and stress. The ability to observe how theyโve conducted themselves with high integrity โฆ itโs kind of remarkable. People donโt believe this, but in the years that weโve been together, I donโt think I can remember a time where anybody raised their voice or blamed somebody. Alan Levan, Jack Abdo, [president and CEO of BBX Capital] Jarett Levan and myself have worked together closely for all that time, and itโs really just been about, how do we solve a problem when it comes up, not whose fault, or how did this happen? The mentorship has been about maintaining a calmness even in the face of crisis that allows you to tackle the problem and not get lost in the emotion.