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First Amherst Development Group logo

First Amherst Development Group

11–50 employees 4 principals

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Last updated 1mo ago

About First Amherst Development Group

First Amherst Development Group is a real estate operator. First Amherst Development Group operates in Buffalo, New York. Its investment focus is on Historic Tax Credits, Industrial and Medical Office & Healthcare.

First Amherst Development Group, LLC is a privately held commercial real estate firm headquartered in the Amherst/Buffalo area of New York. Founded in 1958 by Bernard I. Obletz, the company has been in operation for 68 years. It maintains a staff of between 10 and 50 employees. The firm is active across Western New York and manages a portfolio through various affiliates. This portfolio includes interests in over 30 commercial properties, totaling approximately 2 million square feet of space. The company's asset base covers a diverse range of sectors, including office, retail, and medical facilities. Additionally, its holdings encompass warehouse and flex space, as well as multi-family residential developments.

Principals at First Amherst Development Group

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4 principals on file

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Recent activity at First Amherst Development Group

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First Amherst Development Group's project portfolio

8 projects on file · Multifamily (6), Commercial (general) (1), Mixed-Use (1)

Sign up to see First Amherst Development Group's 8 projects on a map

Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets First Amherst Development Group operates in

  • Buffalo, New York

Investment themes at First Amherst Development Group

  • Historic Tax Credits
  • Industrial
  • Medical Office & Healthcare
  • Multifamily - Core
  • Standalone Retail
  • Suburban Office
  • Urban Office

Capabilities

  • Asset Management
  • Construction Management
  • Custom Homes
  • Economic Development
  • Mixed Use
  • Site Development
  • Transit-oriented development
  • Urban infill

Operators similar to First Amherst Development Group

  • Ellicott Development Company
    Established tierBuffalo, New YorkHistoric Tax CreditsIndustrial+5 more themes
  • Foulger-Pratt
    Established tierIndustrialStandalone Retail+4 more themes
  • ORR Partners
    Established tierIndustrialStandalone Retail+4 more themes
  • R2 Companies
    Established tierHistoric Tax CreditsIndustrial+4 more themes
  • NTS Development Company
    Established tierIndustrialStandalone Retail+4 more themes
  • Saunders Construction
    Established tierHistoric Tax CreditsIndustrial+4 more themes
  • Neyer Properties
    Established tierIndustrialStandalone Retail+4 more themes
  • The North River Company
    Established tierHistoric Tax CreditsIndustrial+4 more themes
  • Edge Realty Partners
    Established tierIndustrialStandalone Retail+3 more themes
  • Cummings Properties
    Established tierIndustrialStandalone Retail+3 more themes

Frequently asked questions about First Amherst Development Group

What does First Amherst Development Group do?
First Amherst Development Group, LLC is a privately held commercial real estate firm headquartered in the Amherst/Buffalo area of New York.
What markets does First Amherst Development Group operate in?
First Amherst Development Group is active in Buffalo, New York.
How many employees does First Amherst Development Group have?
First Amherst Development Group has 11–50 employees.
First Amherst Development Group cover image

First Amherst Development Group at a glance

Tier
Established
Operator type
Developer, Owner, 3rd party Manager
Headcount
11–50
Units owned
1,000-5,000
Units managed
1,000-5,000
Property mgmt
Self-Managed
Markets
1
Principals
4

Contact First Amherst Development Group

4508 Main Street Amherst, NY 14226
firstamherst.com