Owemanco Mortgage Holding Corporation

(Ontario Wealth Management Corporation)

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

People:

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Owemanco Mortgage Holding Corporation portfolio

$4.1 million* – mixed-use 100%; Manhattan 100%, Bronx 0%

4136th largest portfolio by dollar value

11,475 sqft – mixed-use 100%;

5076th largest by SF

Company Activity past 24 months:

Buyer company: 1 for $10.2 million

Lender company: 3 for $25 million

Top Ten Associated Companies:

Ramzey Ahmad (2), Adam Tobe (1), Saul P. Grosman (1), Nasser M. Ahmad (1), Zaha T. Ahmad (1), Isaac Dahan (1), David S. Chait (1), Chen Lieh Tang (1)

Top Ten Associated People:

Ramzey Ahmad (2), Saul P. Grosman (1), Nasser M. Ahmad (1), Isaac Dahan (1), David S. Chait (1), Chen Lieh Tang (1)

Recent activity as company:

• Chen Lieh Tang sold 42 East Broadway, Chinatown, Manhattan for $10.2 million to Owemanco Mortgage Holding Corporation on December 04, 2024.

Isaac Dahan borrowed $5 million from Owemanco Mortgage Holding Corporation for 35 Broadway, 230 Manhattan Avenue, 81 Steuben Street, and 79 Steuben Street, Williamsburg, Brooklyn on September 05, 2024.

Ramzey Ahmad, Nasser M. Ahmad and Zaha T. Ahmad borrowed $8 million from Owemanco Mortgage Holding Corporation for 3008-3014 Fulton Street and 245 Linwood Street, Cypress Hills, Brooklyn on February 29, 2024.

Saul P. Grosman borrowed $12 million from Owemanco Mortgage Holding Corporation for 2150 Mill Avenue and 2150 Mill Avenue, Mill Basin, Brooklyn on August 15, 2023.

Ramzey Ahmad borrowed $7.7 million from Owemanco Mortgage Holding Corporation for 794 Rockaway Avenue, 147 Columbia Street, 152 Essex Street, and 6809 5th Avenue, Brownsville, Brooklyn on May 03, 2022.

David S. Chait borrowed $6.7 million from Owemanco Mortgage Holding Corporation for 61-02 De Costa Avenue, 62-03 De Costa Avenue, N/A Hillmeyer Road, N/A Hillmeyer Road, N/A Hillmeyer Road, and others, Arverne, Queens on July 12, 2021.

Adam Tobe borrowed $5.5 million from Owemanco Mortgage Holding Corporation for 664 Bergen Street, 670 Bergen Street, Prospect Heights, Brooklyn on February 18, 2020.

Properties:

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*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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