Welcome back to the Real Estate newsletter, which this week delivers more drama than the usual celebrity-fueled luxury deals.

The juicy details come by way of Pasadena, where a company called Innova Medical Group made billions during the pandemic by selling questionable coronavirus tests to governments around the world. According to a Times investigation, executives then used the money on a real estate shopping spree, leasing a pristine office in Pasadena and buying luxury homes around the area for the startup’s top brass in addition to a pair of private jets.

In other news, the week’s housing headlines saw sellers ready to move on. John Legend and Chrissy Teigen floated their Beverly Hills Post Office home for sale over and over during the last year and finally made a deal this week — albeit for 30% less than what they originally wanted.

Former San Francisco 49ers coach Jim Harbaugh is hoping for better luck in the Bay Area….

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