Adam Tobe
Owemanco Mortgage Holding Corporation
(Ontario Wealth Management Corporation, Owemanco, Owemanco Mortgage NY)
Owner
1910 Yonge St Suite 402 Davisville Centre, Toronto, ON M4S 3B2, Canada
Owemanco Mortgage Holding Corporation NYC portfolio
$22.8 million -mixed-use 44%, walkup 38%, elevator 16%; Manhattan 83%, Brooklyn 16%*
3311th largest portfolio by dollar value
48,245 sqft – walkup 39%, elevator 36%, mixed-use 23%; Manhattan 63%, Brooklyn 36%
3507th largest by SF
4 properties – Manhattan 75%, Brooklyn 25%
2419th largest
53 residential units – Manhattan 60%, Brooklyn 39%
2563th largest by residential units
2 foreclosures, 1 bankruptcy, 0 other court cases.
Person Activity past 24 months:
Buyer signatory: 2 for $8.8 million
Borrower signatory: 1 for $5.7 million
Top Ten Associated Companies:
Grundwerg Family LP (2), Northeast Bank (1), Ramzey Ahmad (1), Nasser M. Ahmad (1), Zaha T. Ahmad (1)
Top Ten Associated People:
Steven P. Grundwerg (2), Ramzey Ahmad (1), Nasser M. Ahmad (1)
Recent activity as signatory:
• 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.
• 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.
Latest Stories:
• Owemanco pays $8.8M to Grundwerg Family for two walkups in Greenwich Village (March 21, 2025)