News
Arizona investment firm opens long-awaited luxury apartment conversion in Phoenix
October 8, 2026
Kinella Capital, a Mesa-based boutique real estate investment and construction firm that specializes in converting complex projects to a different use to meet contemporary demand, has completed construction on One Camelback, an 11- Read More
Phoenix shopping center sells for nearly $60 million
October 8, 2026
Cohen & Steers Income Opportunities REIT and Sterling Organization acquired Grand Canyon Crossing, a 307,419-square-foot shopping center in Phoenix, from Goldman Sachs Asset Management for $59.75 million, or $194.36 per square foot. Read More
Apartment Owners Face a Smaller Renewal Rent Cushion in 2027
October 8, 2026
Apartment owners preparing their 2027 budgets face a harder question than when new-lease rents will recover. They also need to determine how much longer they can count on existing tenants to pay more. Read More
Phoenix mid-rise apartment complex trades
October 8, 2026
Keech Properties acquired The Astor at Osborn, a 191-unit multifamily mid-rise in Phoenix, from High Street Residential for $47.8 million, or $250,262 per unit. High Street Residential, a wholly owned Read More
Luxury Spending Slump Raises Risks for High-End Retail Properties
October 8, 2026
Luxury retailers have been counting on wealthy Americans to offset weakness elsewhere. Now those shoppers are pulling back, raising a warning for investors in high-end stores and shopping centers Read More
First Look: Midtown Phoenix’s newest restaurant mixes BBQ and seafood
October 7, 2026
Chris Collins, the chef and founder of Common Ground Culinary, said that while his new concept — Cowboy Seafood — makes so much sense to him, other people have to see it to understand. While Phoenix Read More
Yardi Sees Apartment Values Under Pressure Through 2027
October 7, 2026
Yardi Matrix expects apartment rents to hold up with only a limited drop-off in the final quarter of 2026, setting the stage for a gradual national recovery. But improving rents may not be enough to lift property Read More
Here’s how Phoenix buildings will evolve over the next decade
October 7, 2026
Phoenix’s architectural landscape is transforming. For decades, we’ve seen business developments, lifestyle hubs and communities sprout up across the desert. But as we look toward 2035, the question Read More
Higher Rates Force CRE Buyers to Revisit Deals as Loan Maturities Loom
October 7, 2026
Rising interest rates are forcing commercial real estate buyers to revisit deals priced months ago, but the pressure could also create openings for investors ready to act. As higher borrowing costs squeeze returns Read More
Phoenix commercial real estate market sees drop in both leasing activity and vacancy rate
October 7, 2026
The Phoenix commercial real estate market saw a year-over-year decrease in leasing activity in the third quarter of 2026 and is down to 1.29 million square feet. The sales volume in the quarter was $470,000, and Read More
Phoenix industrial market gains momentum as vacancy declines
October 6, 2026
The Phoenix industrial real estate market continued to expand in the third quarter of 2026, fueled by strong tenant demand, significant leasing activity and continued investment in logistics and advanced Read More
New rental community near TSMC gets $65.5M loan refinance
October 6, 2026
Varde Partners has closed on a $65.5 million loan to refinance a newly completed build-to-rent community. Scottsdale-based Empire Group received the financing for its 240-unit Village at Sonoran Vista. Arranged Read More
True Food Kitchen closes 12 restaurants, seeks buyer
October 6, 2026
True Food Kitchen said it has filed for bankruptcy protection, already closed a dozen restaurants and is seeking a buyer or partner for the health-conscious chain.
The Scottsdale, Arizona-based company, Read More
Multifamily Delinquencies Remain Elevated as Agency Lending Expands
October 6, 2026
Freddie Mac's serious delinquency rate reached 0.64% in August, a level the Mises Institute describes as its highest in more than two decades—a warning for investors already contending with weak rent growth, Read More
Mesa landfill seeks rezoning for four digital billboards and outdoor storage; plus more industrial news
October 6, 2026
A longtime landfill on the edge of Mesa and unincorporated land in Maricopa County is looking to rezone more than 180 acres to allow for four digital billboards and outdoor storage. Johnson Stewart Materials LLC is Read More
Fairmont Scottsdale Princess sold to San Manuel Investment Authority
October 5, 2026
San Manuel Investment Authority (SMIA), an unincorporated governmental instrumentality of Yuhaaviatam of San Manuel Nation (Nation), through its affiliated entities, announced today its Read More
5 biggest commercial real estate deals in Metro Phoenix from September
October 5, 2026
Here are the five biggest commercial real estate deals in Metro Phoenix from September of 2026, according to data collected by the commercial real estate tracking website Vizzda and AZRE Read More
Downtown Phoenix office tower sells to California buyer in all-cash deal
October 5, 2026
A 20-story downtown Phoenix office tower traded hands on Oct. 2. One North Central, which totals 429,120 square feet and sits at the southeast corner of Central Avenue and Adams Street, sold to California-based AXS Read More
Global logistics firm signs large industrial lease in Goodyear, Arizona
October 5, 2026
DSV, a Danish transport and logistics company offering global services by road, air, sea and train, has signed a new lease for 251,216 square feet of industrial space at Litchfield Palms Logistics Park in Read More
Multifamily Rent Growth Shows Early Signs Of Stabilizing
October 5, 2026
The apartment market entered the fall leasing season with a modest national rent decline, but the underlying data point to a market that may be gaining firmer footing after a prolonged period of heavy new 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.