2/17/2019 9:00:00 PM

Welcome to California Inc., the weekly newsletter of the L.A. Times Business Section.

I'm Business columnist David Lazarus, and here's a rundown of upcoming stories this week and the highlights of last week.

Wall Street closed Friday on a high note amid renewed optimism about a trade deal with...

2/15/2019 10:00:00 PM

Allen Iverson’s former home, which he lost to foreclosure, has traded hands in Georgia for a dirt-cheap $725,000.

Wells Fargo & Co. took ownership of the estate in 2017 after suing the Hall of Famer for failing to make mortgage payments on the property, according to reports. Iverson paid $2.19...

2/14/2019 5:20:00 AM

High in the hills of Brentwood, a pristine Midcentury Modern home tied to Elon Musk is fresh on the market for $4.499 million.

The Tesla and SpaceX founder bought the 1950s home five years ago with his then-wife, actress Talulah Riley, for $3.695 million. But don’t call it Musk’s home, real estate...

2/8/2019 10:00:00 PM

Crystal Hefner’s hop into the real estate game seems to be going well. The former Playboy bunny and widow of Hugh Hefner has sold her modern home in Hollywood Hills West for $5 million.

The pair paid $4.995 million for the home in 2013 a few months after getting married. According to Crystal Hefner,...

2/7/2019 4:50:00 AM

A two-building office complex in the heart of Sorrento Mesa has been snatched up by Salt Lake City-based real estate investment firm Bridge Investment Group.

The group’s office fund Wednesday closed on the 97,316 square-foot Cornerstone Plaza for an undisclosed sum. The buildings, built in 1986,...