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July 15, 2010
Seattle affordable housing consulting company Modern Realty, parent company of Pacific Housing Advisors and Allied Pacific Development, is now Vitus Group. With offices in New York as well on the West Coast and Hawaii and more than 60 properties nationwide, company officials said the Pacific name did not reflect the company's reach. The company develops properties and consults with affordable housing developers. The managing director is Stephen Whyte. Vitus Group will serve as the parent company to Vitus Advisors (formerly Pacific Housing Advisors) and Vitus Development (formerly Allied Pacific Development). Vitus owns more than 5,000 residential units in 13 states.