News
Multifamily Fundamentals Strengthen as Supply Pressure Eases
October 13, 2026
The national apartment market continues to improve, with the vacancy rate falling to its lowest level as renter demand outpaces new supply, according to Cushman & Wakefield’s third-quarter report. National Read More
Arizona prepares for more than 90,000 housing units as state land auctions surge
October 13, 2026
Recent sales and zoning actions involving state trust land have created a pipeline for more than 90,000 housing units in Arizona.
Between fiscal 2023 and fiscal 2026, the Arizona State Read More
First office-to-apartments ‘flip’ hits Scottsdale
October 13, 2026
Unlike most fictional detectives, critic Peter Haining notes, Georges Simenon’s Maigret “relies on his intuition and unique facilities of perception.” The French puzzle solver might puff a few pipes while cutting Read More
Monthly apartment rent growth slips in September despite improving market conditions nationally
October 13, 2026
U.S. apartment rents recorded a modest decline in September, continuing the seasonal slowdown that typically emerges after the peak summer leasing season. Despite weaker monthly performance Read More
Vacant site along SR 51 proposed for apartments | Exclusive
October 13, 2026
A long-vacant site at 18th Street and Indian School Road could become a 76-unit apartment complex with small commercial space. Jason Morris, a zoning attorney representing the developer, Scottsdale- Read More
Top 10 Markets for Multifamily Transactions in H1 2026
October 12, 2026
Multifamily sales volume was nearly unchanged nationwide in the first half of 2026, but the flat headline concealed a substantial shift in where capital landed. Sales totaled $41.1 billion, down just 0.3 Read More
192-unit Phoenix affordable housing project starts construction
October 12, 2026
A Valley nonprofit is beginning construction on an affordable housing project on land it purchased from a school district, a plan its leaders say could inject cash into school districts while Read More
Logistics Company Buys Land For 1.2M SF Phoenix Industrial Park
October 12, 2026
Chicago-based developer has bought 76 acres in Phoenix's Southwest Valley for a planned 1.2M SF industrial campus. Logistics Property Co., or LogiPropCo, plans to break ground on Sonoran Logistics Read More
Owner Seeking Zoning Modifications for Halo Vista
October 12, 2026
Following several months of planning and stakeholder meetings, owner Mack Real Estate Group’s application to amend the Planned Unit Development zoning for 3,721.6 acres in the Halo Vista master plan Read More
Larger Properties Lag as CRE Prices Approach a Floor
October 12, 2026
Commercial real estate prices are approaching a floor, but larger properties are still losing ground—a divide that makes the market's apparent stability a better starting point for investors than evidence Read More
New Taiwan Office in Phoenix Strengthens $21.2B Trade Relationship
October 9, 2026
Arizona and Taiwan celebrated another significant milestone in their expanding partnership as the Taipei Economic and Cultural Office officially opened its new office in Phoenix, Arizona. Governor Katie Hobbs joined leaders including Dr. Chia- Read More
Denū Hotel & Spa open in downtown Phoenix; plus other Valley hotel news
October 9, 2026
Denū Hotel & Spa, the first downtown Phoenix hotel property with a full spa, has opened and is looking to bring more locals in. The 236-room hotel, which is located in a 17-story building at 1 E. Adams Street in Phoenix, officially Read More
CNBC/NRF Retail Monitor Shows 12th Month of Sales Growth in September
October 9, 2026
Retail sales rose for the 12th straight month in September even as gas prices put pressure on shoppers’ budgets, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Read More
Affordability pressures cool off Phoenix housing market
October 9, 2026
The Greater Phoenix single-family housing market held onto year-to-date sales gains through September, but the month brought a sharper slowdown in new contract activity, according to data from Phoenix Read More
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
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.