Texas real estate investment specialist and real estate veteran Marcus Hiles has a command over real estate markets. Hiles started his outstanding career in real estate by presenting exquisite yet financially viable apartments. His companies oversee and have more than 15,000 townhomes and apartments across Texas in the present day. Hiles’ vision of making accessible lavish apartments that are available to working class citizens of Texas has changed the Dallas real estate ecosystem. Hiles is taking his mastery over real estate to the next level and is concentrating on regions that are promising in terms of growth, for example, the Woodlands and coastal regions of Houston.
According to a Harvard University study, a variety of factors have resulted in this shift on a national level. Changes in the property and financial sectors have caused over 43 million families and individuals to elect to rent — a record-shattering increase of approximately 9 million over the last ten years. Social trends may account for part of this increase in demand, while the latest U.S. Census illustrates a high percentage of the population of Dallas are in their twenties. Millennials are statistically likely to marry and have children later in life, notes Marcus Hiles, and unmarried individuals as well as those making less than $25,000 per year have seen the biggest movement towards renting a home over the last decade.
As of December 17th, 2016, Texas has added 210,800 new jobs, largely a result of a spike in oil prices and the revival of the energy sector. Marcus Hiles, the vibrant CEO of Dallas real estate development company Western Rim Property Services and, with more than 10,000 rental units on the market and an additional 5,000 being built, one of the state’s leading job creators, recently discussed the impressive growth of the Texas economy, and how the state has returned as a national example for business, hospitality and more importantly, energy.
Marcus Hiles ensures these premier estates are designed to enrich the lives of both young professionals and families by providing features outside of the residences themselves to appeal to the tenants. On-site features depend on which location they select. A resort-style swimming pool comes complete with a sunny tanning deck, and a gourmet summer kitchen provides the perfect environment for entertaining. Outdoor Wi-Fi lounges offer the ability to enjoy nature while working, and the social club room features HDTV entertainment to enjoy alone or with family. Tenants enjoy reserved covered parking and limited access gates, so safety is optimized while a 24-hour emergency maintenance service ensures tenants can easily enjoy all the complex affords. Pet lovers are included- at Western Rim properties, caring for the entire family includes providing pet-friendly estates. Additionally, community events allow neighbors to socialize and become friends.