News
Phoenix Considering Annexation of 489-Unit Multifamily Plan Site
October 23, 2026
The City of Phoenix is considering annexing 28 acres of unincorporated land in Maricopa County at Dobbins Road and 32nd Avenue to enable the site’s development with a 489-unit multifamily Read More
Old Town Scottsdale apartment complex begins construction
October 23, 2026
An Old Town Scottsdale apartment project that will include renovating and reusing a historic building will begin construction this month. Florida-based Mill Creek Residential bought 2 acres at Read More
Apartments and retail proposed for one of the last parcels at Chandler mixed-use project
October 23, 2026
Apartments and retail buildings are proposed for one of the last remaining vacant parcels of land on a 180-acre mixed-use development in Chandler's Price Corridor. The Station at Park Place is a step closer to Read More
Distressed Sales Up 26% As Debt Funds Wait To Take The Keys
October 23, 2026
Distressed sales are growing across the commercial real estate market, led by a surge in discounted apartment building sales. The volume of distressed commercial real estate Read More
Lender Pressure Creates Openings for Multifamily Buyers
October 23, 2026
Multifamily investors looking for their next acquisition may find the best opening in an owner's need to sell—not a market-wide collapse in pricing. Lenders are putting more pressure on Read More
Intel’s $32B Arizona Expansion Moves Forward with Next Fab
October 22, 2026
Intel is moving forward with its Fab 62 semiconductor factory at its Ocotillo campus in Chandler, with construction and manufacturing equipment installation underway and operations expected to Read More
Queen Creek P&Z Recommends Rezoning for Mixed-Use Site
October 22, 2026
The Queen Creek Planning and Zoning Commission has recommended approval of a request to rezone a property at the SWC of Queen Creek and Ellsworth Road to enable the development of The Union at Read More
Light at the End of the Tunnel: Ground-Up Retail Development Finally Is Getting Underway
October 22, 2026
Finally, A New Ground-Up Retail Development Cycle Has Begun. For the first time in 20 years, retail construction is trending up, according to JLL. This modest acceleration signals the start of a cycle Read More
NRF: Holiday sales to top $1T for first time; seasonal hiring steady
October 22, 2026
The National Retail Federation (NRF) expects solid year-over-year growth in holiday sales with seasonal spending reaching a new milestone. The NRF annual holiday forecast projects that Read More
US retail sales growth masks uneven holiday demand
October 22, 2026
GlobalData research shows higher prices boosted September’s US retail sales growth, while modest volume gains point to selective spending ahead of the holiday season. US retail sales increased Read More
Multifamily Offers a Brighter Spot in a Weakening Construction Market
October 21, 2026
Falling housing starts are narrowing the new-supply pipeline, but September's construction figures offer a more mixed picture for apartment investors. Multifamily permits and completions rose from August Read More
Hotel, restaurants and condos coming to One Scottsdale | Exclusive
October 21, 2026
A hotel, restaurants and luxury condos are among the next additions to a $1 billion project north of Loop 101 in Scottsdale. One Scottsdale, a 100-acre master-planned development led by Read More
Access to Power Now Site Selectors’ Top Concern
October 21, 2026
A new survey released by the Site Selectors Guild shows access to power is now the most heavily cited factor in choosing where to build high-value, capital intensive projects. 2026 marks the first Read More
Suns and Mercury unveil $60M plan for new downtown Phoenix YMCA
October 21, 2026
More than a month after the YMCA in downtown Phoenix announced it was closing, there are now plans to redevelop the site — and some big names are getting involved. The Phoenix Suns, Phoenix Read More
3 Arizona cities rank among 40 safest in America
October 21, 2026
Chandler, Gilbert and Scottsdale are among the 40 safest cities in America, according to a new WalletHub study that evaluated 182 U.S. cities across 41 indicators of safety. Chandler earned the highest Read More
NRF: Core retail sales inch up in September
October 20, 2026
Retail sales edged up in September as consumers continued to spend following a solid back-to-school season. Core retail sales (excluding restaurants, auto dealers and gas stations) totaled Read More
Commercial and Multifamily Mortgage Debt Outstanding Increased by $42.9B in Q2
October 20, 2026
The level of commercial/multifamily mortgage debt outstanding increased by $42.9 billion (0.9 percent) in the second quarter of 2026, according to MBA’s latest commercial/multifamily mortgage debt Read More
Big Banks Take Bigger CRE Losses As They Clear Out Problem Loans
October 20, 2026
Two of the biggest U.S. banks wrote off more bad commercial real estate loans in the third quarter as they worked to clear troubled debt from their books. Wells Fargo’s CRE write-offs rose Read More
Higher Treasury Yields Put CRE Borrowers’ Hopes for Relief to the Test
October 20, 2026
Commercial real estate investors waiting for cheaper debt face an uncomfortable possibility: Treasury yields could keep swinging without moving meaningfully lower. A sharp bond-market rally may offer Read More
California data center contractor snags more Valley industrial space
October 20, 2026
A California general contractor that's heavily involved in building data centers in Arizona just signed a lease for two industrial buildings in Phoenix. DPR Construction is taking Read More
Phoenix Multifamily Builds Momentum Heading Into Q4
Phoenix multifamily is showing renewed momentum as absorption outpaces new deliveries, occupancy improves and investment activity picks up. Nearly a dozen recent closings by ORION Investment Real Estate agents offer a transaction-level look at a market moving toward a more balanced 2027.
ICSC@WESTERN Highlights What’s Driving Retail Growth
The Schillne Retail Team returned from ICSC@WESTERN with a clear view of where retail is headed: expansion remains active, quality locations are increasingly competitive and Phoenix continues to attract attention from national and regional retailers.
CRE Financing Shifts Toward Smarter, More Flexible Structures
Capital remains available, but today’s CRE financing market demands more than simply finding the lowest rate. RJ Opeka of ORION Commercial Capital explains why borrowers are comparing lenders, structures and terms earlier in the deal process to find financing that fits each transaction.
ORION Brings CRE Leaders Together to Discuss Phoenix Growth
Greater Phoenix is building a broader economic foundation as advanced manufacturing, technology and other major industries bring new jobs and investment to the region. At ORION’s Gainey Ranch event, GPEC’s Thomas Maynard explored the forces shaping the Valley’s continued evolution.
What’s Driving the Next Wave of Investment in Gilbert?
Gilbert is moving beyond its reputation as a fast-growing suburb. Healthcare expansion, employment growth and institutional investment are creating a deeper commercial real estate market—and positioning the town for its next phase of development.
Why Private Investors Are Turning to Net-Lease Real Estate
Private investors and 1031 exchange buyers are increasingly turning to single-tenant net-lease properties for predictable income, long-term leases and reduced management responsibilities.
Family Entertainment’s Shift From Space Filler to Retail Anchor
Once viewed as temporary space fillers, family entertainment centers are becoming legitimate retail anchors and powerful traffic drivers. The $19.5 million sale of Mesa Commons shows how the category has evolved—and how investors are changing the way they evaluate entertainment-anchored retail.
Marquis Who’s Who Honors Jay Krew for Expertise in Commercial Real Estate Services
Jay Krew has been selected for inclusion in Marquis Who’s Who. As in all Marquis Who’s Who biographical volumes, individuals profiled are selected on the basis of current reference value.
ORION Investment Real Estate Brokers Sale of 10-Unit MultiFamily Property in Central Phoenix for $1.35
ORION INVESTMENT REAL ESTATE is pleased to announce the successful sale of a fully stabilized 10-unit multifamily property located at 2203 E McKinley Street in Phoenix, which closed for $1,350,000.
ORION Handles All-Cash, 10-Day Deal in $4.8 Million Industrial Sale to City of Phoenix
ORION INVESTMENT REAL ESTATE is proud to announce the successful sale of a 20,150-square-foot industrial facility located at 211 S 28th Street in Phoenix, which closed at $4,800,000.
The Top 50 Women Leaders of Arizona for 2025
These awardees reflect the depth and diversity of leadership shaping the state’s key sectors—from advanced manufacturing and aerospace to biosciences, clean energy, and higher education.
Mother’s Day Spotlight: The Schillne Retail Team
This Mother’s Day, ORION celebrates one of its most dynamic family teams: The Schillne Retail Team — a powerhouse trio made up of Carol Schillne and her two sons, Cole and Matt.
Mother’s Day Spotlight: Mary Nollenberger & Nicole Ridberg
This mother-daughter duo prides itself on building trustworthy, long-term relationships with clients by providing exceptional customer service.
100 best places to work and live in Arizona for 2025
Based on the millions of votes cast for the 2025 edition of Ranking Arizona, the 100 Best Places to Live and Work in Arizona for 2025 earned the most votes from their employees, customers, competitors and community members.
ORION Investment Arranges Acquisition of Multi-Tenant Retail Pad in Surprise, Arizona
ORION Investment Real Estate has brokered the purchase of a multi-tenant retail pad building at the southeast corner of Litchfield and Waddell roads in Surprise
ORION Investment Arranges $4.6 Million Sale of Retail Center in Chandler, Arizona
Max Taylor & Co. LLC sold the asset to The Yerahmiel Rocky Rotshein Property Trust. The property was fully leased at the time of sale. Nick Miner of ORION represented the seller in the transaction. Simon Asef of DMC Real Estate represented the buyer.
My View: Why Arizona Politicians Need to Step up to Fix Housing Affordability
Lining most of the cross-streets in the area are countless tents housing individuals and families alike, serving as their primary shelter in the winter or our sweltering summer.
ORION Adds Real Estate Dynamic Partners to Roster
ORION Investment Real Estate (ORION) welcomes Garrett Hemeyer and Colt Siler as Senior Associates to its growing roster.
ORION Investment Arranges $24M Sale of Montana on Butler Apartment Community in Phoenix
Orion Investment Real Estate has brokered the sale of Montana on Butler, a multifamily property located on Butler Drive in Phoenix.