Marcus Hiles, celebrated Texas developer and investor predicts real estate marketplace patterns. Hiles started his distinguished career by bringing to the market apartments that were budget-friendly yet plush. In the present day, his companies oversee and have more than 15,000 townhomes and apartments all over Texas. His vision for offering rich yet economically feasible home solutions to the working class individuals of Texas has influenced the Dallas property scene for the better. Furthermore, now, Hiles is taking his market expertise and is concentrating on the areas that are likely to witness high growth, that is, the Woodlands and coastal regions of Houston.
As rental occupancy reaches all time highs, real estate executive Marcus Hiles, the Founder and CEO of Western Rim Property Services, furthers development in the housing markets near Dallas, Houston, Austin, and San Antonio. New market data released by HomeUnion, a real estate investment firm, pointed to the most expensive areas in the U.S for single-family rental (SFR), placing Dallas second on the list of highest SFR rent growth in the country at an average jump of 5.6% year-over-year. Also on the list were Austin and San Antonio, seeing increases of 2.8% and 2.4%, respectively.
Texas had added 210,800 new jobs by December 17, 2016, largely driven by rising oil prices and a vibrant energy sector. Marcus Hiles, the dynamic Founder of Dallas property development firm Western Rim Properties, owns and manages over 10,000 rental homes in existence and has an additional 5,000 under construction, making him one of the state’s leading job creators. Hiles recently explained the consistent growth of the Texas economy, and the state’s role as the national leader in business, hospitality and most importantly, energy.
Residents searching to find “The Best Place in the City” to reside can turn to developer Marcus Hiles. His company Western Rim Property Services specializes in affordable luxury complexes conveniently located throughout the state of Texas. Their units offer a higher quality of life without sacrificing any convenient amenities renters want to have, the perfect way to enhance the apartment lifestyle. Beautiful settings and modern features tempt renters to look beyond the basics for long-term rental solutions.