ORION Described as “Proof of Life” in Mortgage Industry by Real Estate Bisnow
ORION Property Partners, Inc. continues to top real estate news headlines in Southern California. Last week, the ORION team and president Jay Carnahan were featured on Real Estate Bisnow Orange County’s website, the largest commercial real estate publication in the United States.
The online publication raved about ORION’s ability to grow despite market woes. President Carnahan recently represented CashCall Inc., one of the largest mortgage and financial leaders in the nation, in leasing a 125,000 square foot headquarters in Orange. Bisnow further boasts of ORION’s success by describing the recent deal as “proof of life” and “a sign of a more lasting trend” in the currently quiet mortgage industry.
Carnahan tells Bisnow that finance firms have grown greatly with decreased interest rates. If interest rates spike, Carnahan reports that firms may need to restructure and adapt to a more stressful climate. However, Carnahan is confident that an increase in interest rates will be an indicator of a strengthening economy and a boost in confidence to purchase more new homes, ultimately leading to exponential growth for firms. ORION’s president believes that whether rates rise or fall, “the mortgage industry in Orange County will remain a strong indicator of the strength of the local economy”.
Carnahan founded ORION with the intent of providing the highest levels of client service in project leasing, tenant representation and consulting. Carnahan and the entire staff’s commitment to excellence is supported by 5 CoStar Group Power Broker Awards.