Notes
Gold Wynn is a family-owned real estate company established over 40 years ago by the Wynn family, a Canadian business dynasty of Polish Jewish origin. The company is headquartered at 11 Summer Street, Buffalo, NY 14209, with an international corporate office at 340 West Bay Street, Nassau, The Bahamas, and a regional office in Tulsa, Oklahoma. The UK registered address is S223-S224 Churchill House, 120 Bunns Lane, London, NW7 2AS.
Family Background and Ownership
The Wynn family was founded by David Weinzweig, a Polish Jewish immigrant who operated an upholstery business in Toronto circa 1928. His sons Alex and Philip followed him into the furniture trade, both eventually adopting the surname “Wynn.” Philip Wynn (1931-2016) transitioned the family into real estate, purchasing his first apartment building at 31 Spencer Ave, Toronto, for roughly CAD$400,000 in 1961. His main entity was Pajelle Investments, a portmanteau of his three sons’ first names: Paul, Jeff, and Les.
Philip’s three sons now run the company: Paul Wynn (b. 1960), Jeffrey Wynn (b. 1962), and Leslie Wynn (b. 1965). Jeffrey Mark Weinzweig (his legal name) is the sole current director of Gold Wynn UK Holdings Limited, listed as a Canadian national resident in the Bahamas. Leslie’s son Joshua Wynn (b. 1991) represents the fourth generation, operating Blue Dawn Properties in Western New York.
The family is unrelated to Las Vegas hotel developer Steve Wynn. Sources: Wikipedia - Wynn family (Ontario); Globes - Amot sells Rothschild Blvd lot; Companies House - Gold Wynn UK Holdings officers
Portfolio Overview
The Wynn family has developed and owned approximately $1.5 billion of real estate across Toronto, the United States, the Middle East, the Caribbean, and the United Kingdom.
Toronto (historical): By the late 1990s, the family controlled 3,400 units across 22 buildings, expanding to approximately 4,500 residential units by the late 2010s, plus 3 million sq ft of commercial real estate. In April 2018, the Wynn Group divested most of its Toronto portfolio to Timbercreek Asset Management for US$1 billion to fund international expansion.
United States - Tulsa, Oklahoma: Acquired 900 units worth US$27 million in 2014-15, eventually accumulating approximately 1,500 residential units. Properties include Bandon Trails Apartments (2505 E 88th Street) and Metro Plex Apartments (2130 S 137th East Ave).
United States - Buffalo, New York: Entered the Buffalo market c. 2014, refurbished the historic Buffalo Athletic Club Building near Niagara Square in 2018, and purchased the entire portfolio of Anthony Kissling’s Kissling Interests in 2019 (841 apartments and 85,000 sq ft of commercial space). By 2021, owned approximately 2,000 residential units and 300,000 sq ft of commercial space in Buffalo.
Caribbean - The Bahamas: Acquired Gold Blossom Estate in Nassau in 2014, replaced it with Goldwynn Resort & Residences (81-room oceanfront boutique hotel on Cable Beach, 340 West Bay Street), completed in 2023 at US$120 million cost. An additional development of 39 exclusive penthouse suites is coming in 2025. In 2022, the Wynn Group announced Nassau would replace Toronto as their main headquarters. The brothers claim permanent Bahamian residency.
Caribbean - Dominican Republic: Presidential Suites within Lifestyle Holidays Vacation Resort in Puerto Plata/Cabarete, opened 2019. Sources: Gold Wynn website; Gold Wynn Who We Are; Buffalo News - Canadian investor bullish on Buffalo; Wikipedia - Wynn family (Ontario); Goldwynn Resorts
Israel Operations
80 Rothschild Boulevard, Tel Aviv
A luxury, 17-unit residential building with parking at 80 Rothschild Boulevard, Tel Aviv-Yafo. The 832 sq m lot was purchased from Amot Investments Ltd (controlled by Nathan Hetz) by Canadian brothers Paul and Jeffrey Wynn for NIS 63 million (c. 2018). An existing building permit, designed by Bar Orian Architects, authorizes seven storeys, 17 apartments, and 2,240 sq m of built-up space plus underground parking. The existing structure (formerly Bank Massad and a cinema) was slated for demolition. The development was organized through an exclusive “purchasing group” model for luxury buyers. Avishay Naamat is the representative of the Wynn family in Israel and manages the project as CEO of Wynn Group Israel. Sources: Gold Wynn International Properties; Globes - Amot sells Rothschild Blvd lot for NIS 63m; Haaretz - Exclusive Purchasing Group
Herzliya Mall (Arena Mall)
Gold Wynn lists a property at Ha-Shunit ST 2, Herzliya, Israel. The Wynn brothers are partners in Reality Investment Funds, which purchased the Arena Mall in Herzliya (a 45,000 sq m mall with 25,000 sq m of leasing space) for NIS 335 million. The mall sits on the city’s southern beach by the marina. Plans designed by Norman Foster’s firm would transform it from a closed shopping mall to six open commercial streets, similar to the Mamilla mall in Jerusalem. In 2022 the Arena was transformed into a cultural and artistic hub, hosting over 220 events that attracted more than 200,000 participants. Sources: Gold Wynn International Properties; Globes - Herzliya Arena mall sold for NIS 335m; Globes - Plans approved to transform Arena mall; Reality Investment Funds - Arena Herzliya
Mandarin Oriental Residence, Tel Aviv
Gold Wynn is listed as an “INVESTMENT PARTNER” in the Mandarin Oriental Residence, Tel Aviv. The project was developed by Seagate Real Estate Ltd., led by Hertzel Habas and Orit Freedman Weissman (former Goldman Sachs partner). It consists of two towers on Hayarkon Street: a 225-room hotel managed by Mandarin Oriental and 230 residences. An estimated NIS 1 billion was invested, with NIS 700 million in financing from Israel Discount Bank and Harel. The project was later sold to Patrick Drahi for an estimated NIS 900 million. Sources: Gold Wynn International Properties; Globes - Mandarin Oriental to manage new Tel Aviv hotel; Globes - Patrick Drahi buys Tel Aviv Mandarin Oriental
No Connection to Occupied Territories Found
No evidence was found linking Gold Wynn to Israeli settlements in the occupied West Bank, East Jerusalem, or the Golan Heights. All three Israel properties are in Tel Aviv and Herzliya, which are within Israel’s internationally recognized boundaries (pre-1967 borders).
United Kingdom Operations
Milton Keynes - Station House (500 Eldger Gate)
A former office building directly above Milton Keynes Central station converted into 200 apartments across four floors (Gold Wynn’s website lists 264 rental units). Developed in partnership with United Properties London Ltd (director: Michel Dadoun). Refinanced with a three-year, £35 million residential investment loan from Secure Trust Bank at 59% LTV. BBS Capital served as advisor. Ben Friedland, President of US & UK at Gold Wynn, was the key personnel on this deal. Completed in 2024. Sources: Secure Trust Bank case study; BDC Magazine
Milton Keynes - Centric House (19 Capital Drive)
A 1.6 hectare site developed in partnership with United Properties London Ltd. Planning was submitted for a part 4/part 7 storey building comprising 83 residential apartments and 218 sq m commercial convenience store, plus undercroft parking. Gold Wynn’s website lists 225 rental units. Michel Dadoun of United Properties described working with investment partner Gold Wynn on the project. Sources: Bdaily - Plans submitted for Centric House; Gold Wynn - Centric House
London - Heathrow House (785 Bath Road, Hounslow)
A former commercial office building near Heathrow Airport converted into 169 self-contained residential apartments with ground-floor commercial space. The total scheme value is GBP 56 million. Construction by X Construct under a JCT Design & Build contract over 108 weeks, with architects Scapolan Burney. Refinanced in March 2026 with a GBP 35 million, three-year structured residential stabilisation facility from United Trust Bank at 62.5% LTV, to reduce financing costs and release equity for Gold Wynn’s London pipeline. Mark Shooter, as director of Gold Wynn Heathrow, described the transaction as “efficient” and “collaborative.” The scheme targets airport workers and business travellers. Sources: PropertyWire - UTB provides GBP 35m refinancing; BE News - UTB completes GBP 35m facility with Gold Wynn; X Construct case study; Companies House - Gold Wynn Heathrow Limited
London - Goldwynn Quay (Canary Wharf, Isle of Dogs)
The former Northern and Shell Tower in the Isle of Dogs, a 61,000 sq ft office building, acquired by United Properties London and Gold Wynn Group and converted into 209 fully furnished coliving apartments (studios and penthouses) with a Gross Development Value of GBP 85 million. The acquisition was funded by a GBP 21.5 million, six-month senior debt facility from Topland Group (chairman and CEO: Sol Zakay). Branded as “Goldwynn Quay,” the development is managed by VervLife (managing director: Katherine Rose) and features a gym, co-working space, rooftop terrace, and London’s first residential pickleball court. Marketed from June 2025, completed Q3 2025. Mark Shooter, as head of UK operations, stated: “Goldwynn Quay represents our long-term commitment to the UK market.” Marketing and branding by Shaka Studio. Sources: Topland Group press release; Urban Living News; VervLife - Goldwynn Quay; BE News - SAV Group sells Northern & Shell Tower
London - Alexandra Palace (1-6 Crescent Mews)
Listed on Gold Wynn’s international properties page. Limited details available; no financial or development information found. Source: Gold Wynn International Properties
Blue Shield Capital
In 2023, the Wynn Group became a major shareholder in Blue Shield Capital, a London-based bridge lending firm launched in 2020. Blue Shield focuses on senior bridging loans backed by UK real estate. Blue Shield subsequently secured a GBP 25 million loan from OakNorth Bank. Sources: Blue Shield Capital - About; Wikipedia - Wynn family (Ontario); UKREiiF - Blue Shield Capital secures GBP 25m loan
TISE Bond Programme
Gold Wynn UK Holdings Limited has a secured loan notes programme listed on TISE (The International Stock Exchange) with a maximum capacity of GBP 400,000,000. Six tranches have been issued:
- Tranche 1: GBP 13,140,894 due 22 May 2024
- Tranche 2: GBP 31,500 due 9 September 2024
- Tranche 3: GBP 1,500,000 due 8 July 2024
- Tranche 4: GBP 3,500,000 due 5 October 2024
- Tranche 5: GBP 3,500,000 due 21 October 2024
- Tranche 6: GBP 4,500,000 due 19 November 2024
Total issued across the six tranches: approximately GBP 26.2 million. The umbrella company mnemonic on TISE is GOLDWU. Sources: TISE - Gold Wynn UK Holdings Ltd; TISE - Secured loan notes programme
Key Personnel
- Jeffrey Wynn (Jeffrey Mark Weinzweig) - Sole current director of Gold Wynn UK Holdings Limited (appointed 18 March 2020). Canadian national, resident in the Bahamas.
- Paul Wynn - Co-owner. Also engaged in film production through Annex Entertainment in the 1990s-2000s.
- Leslie Wynn - Co-owner. Former director of Gold Wynn UK Holdings (18 March - 22 May 2020) and Gold Wynn Heathrow (18 March 2020 - 4 April 2022). Canadian national, resident in the United States.
- Ben Friedland - President, US & UK. Canadian, initially a director of Gold Wynn UK Holdings (18 March - 22 May 2020) and Gold Wynn Heathrow (18 March 2020 - 4 April 2022). MBA from Ryerson.
- Avishay Naamat - CEO of Wynn Group Israel. Manages the 80 Rothschild Boulevard project.
- Mark Shooter - Former Director of Gold Wynn UK Holdings (May 2020 - Nov 2023, then Dec 2023 - Jul 2024). Former director of Gold Wynn Heathrow (Apr 2022 - Aug 2025, then reappointed Dec 2025-present). Head of UK operations. Director of Goldwynn Quay Management Ltd (from Jan 2025). Sources: Companies House - Gold Wynn UK Holdings officers; Companies House - Gold Wynn Heathrow officers; Gold Wynn - Ben Friedland
Philanthropy and Israel Connections
The Wynn family has donated to Birthright Israel, the Jewish National Fund (JNF), the Israel Cancer Research Fund, Mount Sinai Hospital, and Toronto Western Hospital. The Jerusalem Foundation’s “Phil and Cees Wynn Business Centre” at Canada House and the Tel Aviv Foundation’s “Cees and Phil Wynn Beach Sports Community Center” reflect their contributions. They also support the Canadian Jewish Political Affairs Committee (CJPAC). Sources: Wikipedia - Wynn family (Ontario); Birthright Israel Foundation Canada - Wynn Family Charitable Foundation
Controversies
Tenant Complaints (Buffalo, USA)
Gold Wynn Residential has received complaints from tenants in Buffalo filed with the Better Business Bureau (3 complaints; BBB rating: A, but not BBB accredited). Common complaints include: unresponsive management, rent increases without maintenance improvements, frequent elevator breakdowns, building condemned for weeks due to lead and black mold issues, bed bug infestations, monthly property manager changes, non-functional security cameras, inoperable laundry machines, and black water incidents. One tenant reported being told their repeated complaints to Gold Wynn staff were “tantamount to harassment” and threatened with “enforcement action.” Sources: BBB - Gold Wynn complaints; BBB - Gold Wynn reviews
Historical Tenant Advocacy Conflicts (Toronto)
The Wynn family has a long history of conflicts with tenant advocates in Toronto. Philip Wynn’s practices generated significant controversy, including allegations of circumventing rent control, withholding security deposits and tax rebates, and repeatedly neglecting rental properties. In 1969, the family was involved in 20% of all Basic Shelter Exemption lawsuits. The Supreme Court case Pajelle Investments Ltd. v. Herbold imposed stricter landlord obligations, directly attributed to Wynn’s combative approach. In 1994, Toronto’s director of inspections stated: “Our previous experience with [The Wynn Group] is that work doesn’t get done until the 11th hour, if it gets done at all.” Source: Wikipedia - Wynn family (Ontario)
No Other Legal Issues Found
No specific legal proceedings, regulatory actions, or criminal matters involving Gold Wynn or the current generation of the Wynn family were found in public sources as of April 2026.
Edges
Mark Shooter
Mark Shooter served as Director of Gold Wynn UK Holdings Limited (22 May 2020 - 23 November 2023, then 19 December 2023 - 12 July 2024) and as head of UK operations / CEO of Goldwynn UK from May 2022. He is currently director of Gold Wynn Heathrow Limited (reappointed 17 December 2025) and director of Goldwynn Quay Management Limited (from 24 January 2025). In the Heathrow House refinancing (March 2026), he was quoted as director of Gold Wynn Heathrow describing the UTB facility as “efficient” and “collaborative.” For Goldwynn Quay, he stated: “Goldwynn Quay represents our long-term commitment to the UK market.”
Gold Wynn UK Holdings Limited
UK holding company of the Gold Wynn group. Incorporated 18 March 2020. Listed on TISE with a GBP 400 million secured loan notes programme.
United Properties London Ltd
Development partner for Gold Wynn’s UK projects including Station House Milton Keynes, Centric House Milton Keynes, and Goldwynn Quay (Northern and Shell Tower). Directed by Michel Dadoun.
Michel Dadoun
Former director of United Properties London Ltd, Gold Wynn’s development partner in the UK. Also formerly co-directed Heathrow House Hold Ltd, Centric House Apart Ltd, Selsdon Way Dev Ltd, and J V Tower 1 Ltd with Mark Shooter. Dadoun resigned from all Gold Wynn-related companies by June 2023 and appears to have been declared bankrupt in early 2024 (case BR-2024-000088), with mass resignations from all remaining companies on 5 November 2024. Control of United Properties has passed to Gabriel Shimeon Dadoun (b. 2001), likely Michel’s son.
Topland Group
Topland Group (Sol Zakay) provided £21.5 million acquisition finance for the Northern and Shell Tower (Goldwynn Quay) in February 2023. Ben Friedland (Gold Wynn principal) described the facility as “pivotal in completing the acquisition within tight timeframes.”
Joel Salem
Long-standing business partner of Michel Dadoun. Was director of United Properties London Ltd (May 2020 to April 2021). Convicted in February 2024 alongside Judith Robinson-Dadoun for illegal flat conversions at 52 Fortune Green Road, Camden.