DENVER–Hotel occupancies, rates continue to improve in Denver area. A recent report shows that the average room rate in October rose 6.7% to $96.05 from $89.98 a year earlier.

PLANO, TX-Four executives at general contracting firm Hill & Wilkinson are promoted. The promotions, according to the company's CEO, are inspired by the company's culture to promote from within, which better serves clients.

DENVER-Chicago-based Next Realty pays $14 million for the Cherry Creek Square center in Cherry Creek North. At this point, the company doesn't have solidified plans for the site, but some tenants speculate Next will construct a building with high-end retail on the ground floor above the parking, and then add one or two floors of residential above the retail.

DENVER-Chicago-based Next Realty pays $14 million for the Cherry Creek Square center in Cherry Creek North. At this point, the company doesn't have solidified plans for the site, but some tenants speculate Next will construct a building with high-end retail on the ground floor above the parking, and then add one or two floors of residential above the retail.

DALLAS-Office vacancy rates dip, but absorption slows dramatically in the third quarter, according to a recent report. According to the study, the Fort Worth Central Business District and the Preston Center submarkets have the lowest vacancy, while the Lewisville/Denton submarket shows the highest amount of vacancy.

DENVER-Agatha Kessler, a five-year resident of Denver, plans to make her mark as an infill developer with the seven-story, $50 million Watermark development. Located in the historic Baker neighborhood, it will include nine, two-story brownstones, 73 flats and nine penthouse units.

DENVER-Agatha Kessler, a five-year resident of Denver, plans to make her mark as an infill developer with the seven-story, $50 million Watermark development. Located in the historic Baker neighborhood, it will include nine, two-story brownstones, 73 flats and nine penthouse units.

HIGHLANDS RANCH, CO-TIAA-CREF pays a record $176 million for three phases of the Palomino Park residential subdivision here. The three operating residential rental phases have 1,184 units.