Lawsuit Filed Over Pacific Palisades Property Foreclosure: Report

The Dispute Over the Site Dates Back to 2014

The owners of a Pacific Palisades residential site are fighting to reclaim their property after a foreclosure by a Nevada lender, adding another chapter to a decade-long legal battle, according to a report by real estate news outlet The Real Deal.

Shlomy and Revital Weingarten, through Pacific Panorama LLC, have sued Kwala, alleging wrongful foreclosure on their property at 17000 West Sunset Boulevard. Court records show Pacific Panorama claims Kwala unlawfully assumed a loan from Wells Fargo before foreclosing, despite lacking the authority to do so, Real Deal reported.

Listed for sale at $18 million in 2022, the site became contentious after Pacific Panorama alleged that Wells Fargo transferred the loan without the required California real estate brokerage license.

The dispute over the site dates back to 2014, when Pacific Panorama acquired the title from investor Gregg Corlyn, who had taken out $6.6 million in loans from Wells Fargo. Pacific Panorama never assumed these loans but faced foreclosure when Corlyn defaulted.

Kwala, which has owned an adjacent property since 2014, purchased the Wells Fargo loan in 2022. Kwala’s owners, Martin Klein, Jeff Dienstag, and Oded Adler, are linked to the jewelry industry, Real Deal reported.

Related Posts

Santa Monica Council Votes in Support of Park-Centric Future at Airport Site

July 9, 2025

July 9, 2025

The decision followed a contentious meeting with over 140 public speakers and more than 1,000 emails received by the council...

‘Adoptapalooza’ Pet Adoption Festival Returns to Main Street This Weekend

July 9, 2025

July 9, 2025

The free, family-friendly event aims to connect adoptable animals with new owners Green Dog Dental & Veterinary Center will host...

New Agenda Coaching: Changing Lives in LA

July 8, 2025

July 8, 2025

Students Work Toward Applied Success with Executive Function Coaching Services The demands of daily routines and studies sometimes bear weight...

New Playground, Library Services, Tennis Courts and More Coming to Palisades Rec Center 

July 8, 2025

July 8, 2025

Significant improvements are in progress at the Pacific Palisades Recreation Center, with multiple projects advancing Significant improvements are in progress...

Virtual Town Hall to Discuss Proposed Resilient Rebuilding Authority

July 8, 2025

July 8, 2025

The agency, to be run by political appointees, would manage permitting, development, zoning, and funding, modeled after post-disaster recoveries Los...

Big Blue Bus to Raise Fares for First Time in Nearly a Decade

July 8, 2025

July 8, 2025

The fare increase aims to offset rising costs for fuel, utilities, and supplies, according to the agency. The Santa Monica...

Shore Hotel: A Local Destination for Summer Fun

July 8, 2025

July 8, 2025

Bring on all things summer. Walking or biking along Santa Monica Pier, you might find yourself taking a pause at...

Soprano Golda Zahra Returns to BroadStage For a One-Night-Only Musical Celebration

July 7, 2025

July 7, 2025

Hailed as “the rising star of the opera world” by The Hollywood Times, internationally acclaimed soprano Golda Zahra makes her much-anticipated return to BroadStage in...

Committee Granted Authority to Oversee Grants and Donations for Palisades Council

July 7, 2025

July 7, 2025

The Grants Committee is tasked with developing application processes and eligibility standards for PPCC grants and donations The Pacific Palisades...

Anti-Drunk Driving Resolution Introduced as City Council Honors Late Palisades Teen Killed in Crash

July 7, 2025

July 7, 2025

Levi, who was set to attend the University of Virginia this fall, was killed by a drunk driver on May...

(Video) Hundreds of Drones Light up the Sky for Palisades to Celebrate July 4th

July 7, 2025

July 7, 2025

The Event Marked One of the First Large Gatherings Among Palisadians Since the January Wildfires. The Event Marked One of...

Transform Your Life: The Free Virtual ONENESS GLOBAL SUMMIT Debuts July 18-20, 2025

July 7, 2025

July 7, 2025

The ONENESS GLOBAL SUMMIT, a transformative three-day virtual event, is coming, July 18-20, 2025, offering participants worldwide a free opportunity...

New SaMo Bridge Program Refers 56 People in First Month; 37 Connected to Services

July 7, 2025

July 7, 2025

According to city officials, the program is on pace to meet its goal of serving 260 individuals annually Santa Monica’s...

Multi-Family Venice Property on Rare Double Lot Lists at Over $5M

July 7, 2025

July 7, 2025

In total, the four units provide 5,398 square feet of living space A multi-family property located one block from Venice...

Vacant Alphabet Streets Lot Lists for $1.99M After Price Cuts

July 7, 2025

July 7, 2025

The site previously held a 6,001-square-foot residence built in 2018, which included a basement, possibly streamlining the permitting process for...