Renters Spend More Time in Recreation Than Homeowners – Marcus Hiles

Like everything in Texas, even the market for sophisticated living is bigger. Marcus Hiles, Chairman and CEO of Western Rim Property Services, remarks that almost all properties in Texas are luxurious allowing renters opportunities to live an upscale lifestyle.
“A growing number of singles, families, empty nesters, and retirees are finding satisfaction through renting,” he states. “Across the U.S. the number of tenants is expected to grow by a half million each year through 2023.”
There is a definite question on why renting is preferred over owning. Hiles states that, in Texas and across the country, people look forward to the flexibility a rental accommodation permits. “We’re a mobile population,” he suggests. “The idea of settling in one place for a decade – or for the length of a 30-year mortgage – doesn’t hold the same attractiveness as it did a generation or two ago.” Demystifying the myth that owners have an advantage when it comes to personal happiness, Hiles points to research that highlights that renters enjoy more happiness. “People who rent actually spend more time engaging in recreational activities and interacting with their friends and neighbors,” he adds.

Read more: http://finance.yahoo.com/news/marcus-hiles-explains-happier-texas-061434027.html

Marcus Hiles Donates Computers For Underserved Texas Students

Property developer and CEO of Western Rim Property Services and Newport Classic Homes, Marcus Hiles has donated 200 new Dell computers to inner city children in Texas, continuing a lifelong dedication to providing critical help to less fortunate individuals and communities. Hiles’ generous gift, valued at over $100,000, will be used to help young inner city students enhance their education, pursue future goals, and remain focused on personal growth.

Read more: http://www.sb.marketwatch.com/story/marcus-hiles—-donates-computers-for-students-

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Marcus Hiles On Quality Units In The Suburbs

Many years ago, a large number of suburban towns was built on manufacturing, education and other services which were a clear fulfillment of the American dream. Nowadays, those areas are encountering major changes, both in lifestyle and population-wise. Marcus Hiles points out to the fact that people between 25 and 34 are moving to the suburbs of cities such as Atlanta, Nashville, Austin and Charlotte and making major changes to the real estate market. More and more quality apartments are being constructed across the state and Marcus Hiles won’t let you miss the opportunity to get one. Read on here http://finance.yahoo.com/news/marcus-hiles-proclaims-six-every-025500511.html

Marcus Hiles Celebrates U.S. Census Report On State’s Impressive Growth Patterns

Late December, the U.S. Census released its 2016 population estimates for state-by-state growth from 2015 to 2016, which reported Texas as the sole state with greatest gains. Real estate expert Marcus Hiles believes the nation-leading increase is a positive sign, as population spikes have historically coincided with market expansion. Hiles is Founding Chairman & CEO of the acclaimed Western Rim Property Services, Texas’ largest developer of luxury rental communities featuring stunning designs, scenic landscapes, world-class amenities and comprehensive lifestyle services.

Read more: http://finance.yahoo.com/news/marcus-hiles-texas-leading-nation-031500642.html

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Hiles Notes Texas Outperforming Other States On Venture Investment

According to a report from multinational firm Ernst & Young, U.S. capital investment rose $16 billion from 2014. The state of Texas recorded $48.3 billion in business financing, which ranked first in the country, while Gulf Coast states who are traditional leaders in the energy industry attracted the most investors for the fifth year in a row. Marcus Hiles notes that forty percent of those funds were lent to chemical manufacturing facilities, of which seventy percent were new, liquefied natural gas export compounds. The Lone Star State also outperformed others in the financial, technology, and professional service fields with 38,400 mobile project jobs, the greatest number in the nation.

Read more: http://finance.yahoo.com/news/marcus-hiles-responds-texas-role-093000253.html

Marcus Hiles Discusses Modern Trends In Suburban Living

The redefinition of the suburbs is a recent phenomenon that Marcus Hiles attributes to the influx of new real estate opportunities in urban settings. After WWII, people moved to the outskirts of the city where sprawling houses and yards with white picket fences showed a new American dream. These neighbourhoods, however, rarely had amenities or diversity, instead opting for row upon row of cookie cutter houses. The types of communities that are blooming now are much more diverse. Companies like Western Rim Property Services are developing residential areas outside of major urban centers that come equipped with shops and services, parks and recreation. As well, apartment buildings and multi-family options are high in demand and becoming an integral part of the new suburbs, allowing people to find homes that fit their unique wants and needs.

Read more: http://www.broadwayworld.com/bwwgeeks/article/Marcus-Hiles-On-Persistent-Suburban-Growth-in-Americas-Largest-Metropolitan-Areas-20170301

Marcus Hiles Paves Way For Suburban Rental Revival

For prior generations, suburban communities built on manufacturing, education and other services were the centerpiece of the American Dream. Nowadays, many towns are changing rapidly to accommodate a strengthening consumer market with modern living and spending habits. Population growth rates in suburbs outside of Dallas, Austin, Charlotte, Atlanta, San Antonio, Houston, Denver, Nashville and Portland are now exceeding their urban counterparts via new, transit oriented communities. The Urban Land Institute reported in December their findings: “contrary to popular perception and most media attention, three-quarters of 25 to 34 year olds in the 50 largest metro areas live in the suburbs.” Marcus Hiles welcomes Millenials’ preference to continue to rent as they leave the city with is luxury rental options, and notes that across the country, upscale apartments are being constructed at an astonishing rate, converting former manufacturing sites and undeveloped areas into upscale living spaces flush with amenities.

Read more: http://finance.dailyherald.com/dailyherald/news/read/33730428/Marcus_Hiles_

Marcus Hiles Building Community Within Texas Developments

Marcus Hiles Building Community Within Texas Developments
Marcus Hiles Building Community Within Texas Developments

Embracing the idea that where one lives has a direct effect on health and well-being, Marcus Hiles’ Dallas developments provide a connected network of amenities that reinforce connections to both the community and surrounding environment. Parks, vineyards, schools, fitness centers, and day spas take homes beyond typical housing and into lifestyle living. Extensive maintenance by Marcus Hines Dallas developments on public and private parks, lakes, streams, and green space, creates engaged, connected neighborhoods with confidence and a sense of achievement. Marcus Hiles’ program which underwrites $13 million in tree planting initiatives adds beauty to neighborhoods, with the broader effect of reducing energy use and improving regional air quality. Discussing his dedication to respecting the environment as well as the resident, Hiles says, “Our bold goal is to lessen carbon emissions by more than 500,000 metric tons over the next decade,” adding “In the process, we’ll deliver energy savings to our residents and create sustainable, livable communities.”

Read more: http://finance.yahoo.com/news/marcus-hiles-dallas-news-developer-112700063.html

Marcus Hiles Capitalizes On Opportunity To Provide Affordable Upmarket Rentals

Marcus Hiles Capitalizes On Opportunity To Provide Affordable Upmarket Rentals
Marcus Hiles Capitalizes On Opportunity To Provide Affordable Upmarket Rentals

After more than three decades constructing lavish homes, Marcus Hiles Fort Worth entrepreneur has established and refined a winning plan for attracting residents and keeping them satisfied. Driven by a unique vision of offering luxury townhomes and apartments to working class Texans, Hiles founded Western Rim Property Services to provide renters with a desirable, exclusive lifestyle—and at an exceptional value. Since 1990, when he first saw an opportunity to improve the Dallas housing market by fulfilling an overlooked demand for upmarket rentals, he has been firmly dedicated to his mission: build communities with signature conveniences, chic interiors and prime locations in top-rated school districts with breathtaking views and a proximity to world-class dining, shopping and entertainment.

Read more: http://finance.yahoo.com/news/marcus-hiles-fort-worth-entrepreneur-093000855.html

Marcus Hiles Lights Fire For Texas Rental Market

Marcus Hiles Lights Fire For Texas Rental Market
Marcus Hiles Lights Fire For Texas Rental Market

It’s not just the summertime temperatures making Texas sizzle—its real estate market is positively on fire. Marcus Hiles, Dallas property investor, has witnessed the housing boom first-hand. The prominent and respected founder and CEO of Western Rim Property Services has developed more than 15,000 luxury townhomes and apartments across the state, with many of his signature upmarket units located within proximity to metropolitan areas in North Texas. Though Hiles focuses on building high-end rentals with many amenities, the sheer popularity of his own communities, which include the Mansions, Estates, and Towers brands, have lead him to call the Lone Star state, “the Development Capital of America.”

Read more: http://finance.yahoo.com/news/marcus-hiles-dallas-property-expert-044020094.html