IRVINE, CA—The best zips for buy-to-rent returns are in Detroit, Atlanta, Cleveland, Philadelphia;buy-or-rent analysis shows buying more affordable than renting in 66% of markets.

DENVER—Specialty firm Baceline closes on its largest acquisition, a group of neighborhood retail centers totaling more than 400,000 square feet.

MURRIETA, CA—Lee & Associates has sold 37 acres to Kaiser Permanente to construct a new, 824,500-square-foot complex.

EASTVALE, CA—Project includes development of 205 acres to include logistics facilities, a hospital, retail center and business park.

DENVER—Integral Group is building a ten-plus floor luxury residential high-rise as part of its EVIVA line.

DENVER—Acquisition of Illiff Business Park, in the Southeast submarket is the company's tenth investment in the Denver area.

ALISO VIEJO, CA—Lennar Corp. Spin-off has filed preliminary papers with the SEC.

SALT LAKE, UT—Charles Allen will step down from one role, Joseph Margolis will join the company as CIO, and a new board member has been appointed.