Marcus Hiles Reflects On What Property Sector Can Expect From Trump

Marcus Hiles notes that there has been discussion throughout the property industry about the affect President-elect Donald Trump will have on real estate policies when he enters office. Many in the industry are excited about having a businessman in the Oval Office, seeing this as an opportunity to reduce many business regulations. Even with his long-time background in real estate, the President-elect has been mostly reserved about what his goals in this area will be. Noted in a Forbes article written by Lawrence Yun, the Chief Economist of National Association of REALTORS, one of Trump’s primary impacts on the property industry could be updates to the Dodd-Frank act. “A clear positive would be the lifting of compliance costs imposed on small-sized banks. Around 10,000 local and community banks have traditionally been the source of funding for construction and land development loans. With less regulatory burden, these small banks can make more loans and will boost home building activity – something that is needed in the current housing situation.”

Read more: http://markets.financialcontent.com/mng-lang.dailynews/news/read/33397404/Marcus_Hiles_

As More Choose Renting, Marcus Hiles Looks To The Future With Estates Brand

The amount of people choosing to rent a home in the United States is rapidly growing, at a pace of more than 500,000 each year with no signs of a turnaround. Prominent Texas real estate developer Marcus Hiles anticipated this increased demand, and has catered his Estates brand to deliver premium properties to renters in the Lone Star State. “Renters are eager to embrace luxury living at affordable prices,” explains Hiles, Chairman and CEO of Western Rim Property Services. “Our five Estates communities offer signature amenities designed to appeal to singles, couples, and families who have chosen the rental lifestyle.” Situated just north of Dallas in Aubrey, The Estates 3Eighty offers one- to four-bedroom floor plans featuring soaring ceilings, expansive windows, chic granite countertops, and spacious living areas. Residents enjoy a dedicated Starbucks Wi-Fi café, a private off-leash dog park, and can work at one of the iMacs or PCs in the business center. “Our intention was to create the best of both worlds,” Marcus Hiles recalls, “an exclusive lakeside escape that’s a stone’s throw away from vibrant nightlife and a thriving arts community.”

Read more: https://secure.marketwatch.com/story/marcus-hiles—-on-unique-amenities-of-the-estates-brand-2016-07-19

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