Infrared observations of bright flare activity near Sagittarius A* show orbital motion of plasma with a period of 45 ± 15 min at a separation of six to ten times the gravitational radius of the candidate SMBH. This emission is consistent with a circularized orbit of a polarized "hot spot" on an accretion disk in a strong magnetic field. The radiating matter is orbiting at 30% of the speed of light just outside the innermost stable circular orbit.