Today’s News 9-25-2025
K. Hovnanian Homes wins prime Desert Ridge land in auction bidding war K. Hovnanian Homes had no intention of backing down at a Sept. 23 Arizona State Land Department Auction. The New Jersey homebuilder took on several major national competitors, ultimately exceeding the minimum bid by more than $33 million to buy 52.9 prime acres […]
Today’s News 9-24-2025
Scottsdale Fashion Square enhancements include new culinary options The region’s leading luxury retail center, Scottsdale Fashion Square, is taking new steps to enhance its shopper experience. Today Macerich (NYSE: MAC)—one of the nation’s leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets—announced a new enhancement project that will elevate the […]
Daily Top 5 – 09-23-2025
Cap Rate Compression Gains Momentum as Fed Eases Rates Momentum around commercial real estate cap rates is building as the Federal Reserve’s rate-cutting cycle begins to influence debt costs and investor sentiment across asset classes. At a recent CBRE webinar, capital markets specialists and sector leaders offered a common view: declining rates are already leading […]
Today’s News 09-22-25
When it comes to securing more space, retailers keep their foot on the gas Retailers are navigating a complex landscape marked by rising costs from elevated tariffs as increasingly cautious consumers pull back on spending. However, retailers also keep leasing space at a torrid pace, underscoring the strategic importance of securing desired locations in a […]
Rounds Consulting Update for ORION Private Client Event Last Night at Gainey Ranch
Last night, ORION hosted our first ever Economic Update with Jim Rounds, of Rounds Consulting. I have known Jim since his days with another well known local economist, Elliot Pollack. Jim is featured on several local news radios and has become one of our local leading voices for Economic Updates for the Valley and State. […]
Today’s News 9-18-2025
West Valley dominates Phoenix metro land transactions, study reveals $3.2B in sales Land buys in the West Valley represented 53% of all land transactions across metro Phoenix, representing $3.234 billion in sales over the past 12 months, according to a new study by Land Advisors Organization. The East Valley represented 33% of land transactions totaling […]