Sang Min Ahn
(Sangmin Ahn)
Senior Vice President
Head Of Loan Portfolio Management
NewBank
NewBank NYC portfolio
$6 million -condo 100%; Manhattan 100%*
5685th largest portfolio by dollar value
10,195 sqft – condo 100%; Manhattan 100%
6101th largest by SF
3 foreclosures, 0 bankruptcies, 0 other court cases.
Person Activity past 24 months:
Lender signatory: 1 for $5 million
Top Ten Associated Companies:
Myungsook Jun (1), Grace Jun (1)
Top Ten Associated People:
Myungsook Jun (1), Grace Jun (1)
Recent activity as signatory:
• Myungsook Jun and Grace Jun borrowed $5 million from NewBank for 131 West 14 Street on March 20, 2026.
• Anthony Chiodi and Mark Boccia borrowed $10.6 million from Zions Bancorporation for 214-21 41 Avenue on October 30, 2025.
• Fairview Partners Investment Management on December 30, 2024 bought a loan with an original principal of $8 million from NewBank, signed by Sang Min Ahn, secured by 20 West 15 Street, when owned by Navnit Kumar.
• Maheshchand Ratanji borrowed $9.8 million from State Bank of Texas for 449 West 36 Street on December 30, 2024.
• Tony Park borrowed $8.7 million from Alma Bank for 41 West 35 Street on December 24, 2024.
• Natha Singh borrowed $8 million from New Millennium Bank for 37-11 23 Street on May 03, 2024.
• Ketan Patel and Prakashkumar Patel borrowed $11.7 million from Spring Bank for 42-24 Crescent Street on February 08, 2024.
Latest Stories:
• David Gomez of Peak Capital pays $5.18M for dev site in Flatiron District (March 26, 2025)
• Maheshchand Ratanji pays $14M to SMA Group NYC for hotel in Hudson Yards (January 15, 2025)
• Ketan Patel pays $18.1M for hotel in Long Island City (February 22, 2024)
• Toni Park pays $6M to Joan Luft for retail property in Garment District (March 25, 2020)
