UK Distressed Debt Deal

London, England

Non-performing loans from a major UK banking institution

As part of the European management team, Michael Wolfson was a minority investor in Westcore’s first foray into the debt acquisition market.

In 2010, two loans were acquired, secured against fully leased office buildings in central London, with combined face values over 100 million pounds.

The loans were subsequently repaid, ahead of schedule, providing investor returns significantly outperforming underwriting.

Lausanne, VD, Switzerland

This property was being quietly marketed in 2010 so as to avoid…

Fribourg, FR, Switzerland

Michael Wolfson, while at Westcore, acquired the freehold office building located in…

Bex, VD, Switzerland

At the end of 2019, Paragon purchased an industrial building of approximately…

Nendaz, VS, Switzerland

The idea of the venture took root thanks to the popularity of…

Meyrin, GE, Switzerland

After having purchased Bacardi’s former European HQ in 2017, Paragon acquired in…

Montreal, Canada

In the mid-20th century, the asset was converted from a synagogue to…

Montreal, Canada

Paragon strengthens its international operations by securing private financing for a real…

Gland, VD, Switzerland

The property was sub-optimally managed by Philips and required a complete overhaul…

Vienna, Austria

Mike Wolfson led lease negotiations with the anchor tenant, PKE, a spin-off…