The Benchmark Group, operating as Benchmark Management Corporation, is a privately held real estate investment, development, and management firm based in Amherst, New York. Founded in 1983, the company has built a diversified portfolio across residential and commercial property sectors in the midwestern and eastern United States. The firm's investment focus centers on conventional and affordable multifamily communities, retail shopping centers, and office properties, employing a buy-and-hold strategy for institutional investors seeking stable returns with managed risk exposure.
The company's portfolio encompasses approximately 6,600 apartment units distributed across 12 states and over 5,000,000 square feet of retail space in 6 states, with a total portfolio value near $1.3 billion. Geographic concentration is strongest in New York and Florida, with additional holdings in Michigan, Indiana, and other eastern states. The retail portfolio consists primarily of open-air shopping centers and plazas anchored by national retailers including Aldi, Big Lots, Rite Aid, Best Buy, and PetSmart. The firm also maintains office holdings including Class A and medical office properties.
The Benchmark Group operates through integrated divisions for construction, development, property management, and leasing, allowing direct oversight of the full investment lifecycle. Leadership is headed by Chief Operating Officer Steven Longo, Executive Vice President and Director of Real Estate Martin DelleBovi, who oversees commercial operations and manages over 2.7 million square feet of commercial space, and Director of Acquisitions & Development John Rehak Jr., who handles deal sourcing and financing. The company employs more than 250 legal, financial, accounting, development, construction, and property management professionals. The firm maintains memberships in the National Multifamily Housing Council, International Council of Shopping Centers, National Leased Housing Association, National Affordable Housing Management Association, and National Apartment Association.
View More
