Owemanco Mortgage Holding Corporation

(Ontario Wealth Management Corporation, Owemanco, Owemanco Mortgage NY)

Lender

Lender

1910 Yonge St Suite 402 Davisville Centre, Toronto, ON M4S 3B2, Canada

People:

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Owemanco Mortgage Holding Corporation NYC portfolio

$22.8 million -mixed-use 44%, walkup 38%, elevator 16%; Manhattan 83%, Brooklyn 16%*

3294th largest portfolio by dollar value

48,245 sqft – walkup 39%, elevator 36%, mixed-use 23%; Manhattan 63%, Brooklyn 36%

3508th largest by SF

4 properties – Manhattan 75%, Brooklyn 25%

2407th largest

53 residential units – Manhattan 60%, Brooklyn 39%

2546th largest by residential units

2 foreclosures, 1 bankruptcy, 0 other court cases.

Company Activity past 24 months:

Buyer company: 4 for $22.8 million

Borrower company: 1 for $5.7 million

Lender company: 2 for $11.5 million

Top Ten Associated Companies:

Northeast Bank (1)

Recent activity as company:

• Firebird Grove sold 665 St Marks Avenue for $3.8 million to Owemanco on March 30, 2026.

• Josef Birnbach borrowed $7 million from Spring Bank for 14 Olive Street on November 26, 2025.

• Ramzey Ahmad borrowed $8 million from HAB Bank for 147 Columbia Street on October 01, 2025.

• Dimitrios Pistikos borrowed $6.5 million from Owemanco Mortgage Holding Corporation for 676 Avenue Of The Americas on August 22, 2025.

• Grundwerg Family LP sold 57 West 8 Street for $5.1 million to Owemanco Mortgage Holding Corporation on March 07, 2025.

• Grundwerg Family LP sold 51 West 8 Street for $3.7 million to Owemanco Mortgage Holding Corporation on March 07, 2025.

• Owemanco Mortgage Holding Corporation borrowed $5.7 million from Northeast Bank for 57 West 8 Street on March 07, 2025.

• Chen Lieh Tang sold 44 East Broadway for $10.2 million to Owemanco Mortgage Holding Corporation on November 15, 2024.

• Isaac Dahan borrowed $5 million from Owemanco Mortgage Holding Corporation for 35 Broadway on August 28, 2024.

• Ramzey Ahmad, Nasser M. Ahmad and Zaha T. Ahmad borrowed $8 million from Owemanco Mortgage Holding Corporation for 3014 Fulton Street on February 09, 2024.

Court Records:

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Properties:

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