Marcus Hiles admits that joy can take many forms and says that his occupants of more than 15,000 homes, townhomes, and apartments often express the distinctive joy they experience in the deluxe apartments. “We prudently select high-quality land and then build homes that are both good-looking and very energy efficient,” he explains. Therefore, occupants save a lot of money in their utility expenses.
Furthermore, they don’t have to be concerned about the home upkeep, mortgage escrow accounts and fieldwork; they have more time to follow their dreams.
“People living in our communities have the choice to invest on their own terms and can take advantage of opportunities that come up in other sites,” Hiles observes. “In my experience, a inhabitant’s joy increases in proportion to the time spent living in a luxury rental community.”
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A graduate of Pepperdine and Rice Universities, Marcus Hiles has seen the impact education has on youth. He is deeply committed to each and every child’s right to be educated regardless of their social class or level of privilege. This belief is demonstrated in his insistence that homes developed by Western Rim be located near schools to simplify access to education for all residents.
In late December, the U.S. Census released its 2016 population estimates, showing state-by-state growth from 2015 into 2016, noting that the Lone Star State saw the greatest gains. Real estate entrepreneur Marcus Hiles sees the nation-leading increase is a positive sign, as large jumps in population have historically meant upcoming market expansion. Hiles, as the Founding Chairman & CEO of the celebrated Western Rim Property Services, serves as Texas’ largest producer of upscale rental complexes including stunning designs, scenic landscapes, resort-like amenities and comprehensive lifestyle services.
Further research within the Bureau’s findings show that the Texas’ four large metros, Dallas/Fort Worth, Houston, Austin and San Antonio, accounted for 84 percent of the state’s growth. Houston and Dallas/Fort Worth led cities around the country by welcoming around 150,000 new residents each, while Austin again topped the nation in growth percentage for the fifth consecutive time, notes Marcus Hiles.
Marcus Hiles proves, throughout his numerous apartment development projects, that LEED Certification is cost-effective, efficient, and valued by today’s rental customer. The fact that LEED-Certified Apartment Construction has skyrocketed, increasing tenfold since 2008, underscores its place in the market. Hiles’ neighborhoods show solid numbers that the LEED formula of eco-friendly materials, along with focus on performance, smart grid thinking, and efficient water use are directly related to better financial returns and rental rates, optimized health and productivity of renters, improved public relations, as well as ongoing reductions in expenditures for energy and operating costs.
The reflective TechShield® is proven to help renters effectively reduce their utility costs. “On average, residents of our Estates, Towers and Mansions communities have lowered their bills by about 17 percent every month,” Hiles notes. Having been time-tested through its installation in more than 1.5 million homes across the U.S., these ecologically sound products are made of wood sourced through programs certified under the Sustainable Forestry Initiative, a conservation program created by non-profit organization SFI Inc. to promote responsible wood production. The use of these eco-friendly roof panels combines with 16 SEER air conditioners, programmable thermostats, dual-pane windows, weather stripping and full depth cellulose sound insulation to ensure that Marcus Hiles’ Fort Worth company’s homes, townhomes and apartments serve as a true advancement in upscale, energy-efficient housing.
When viewing rental homes, a popular floorplan with a good view, at a fair price, is the ultimate goal. Marcus Hiles, a respected Texas property investor and developer, understands that Texas residents seek to live a comfortable and luxurious life at an affordable price point. What landlords will rarely tell prospective renters, is that they use yield management programming to automatically increase the rent when popular floorplans are requested. Marcus Hiles specializes in not only working ahead of housing market trends, but also providing renters with knowledge on how to negotiate rental rates.
Beginning with their stunning architecture and meticulously maintained landscapes, Marcus Hiles’ Dallas developments encapsulate refined living. Whether it be the luxurious style of The Mansions at Brigg Ranch, the modern, urban living of The Towers of Seabrook, or the serene relaxation of The Grand Estates in the Forest, residents are encouraged to live decadently with access to full day spas, a private personal trainer, 24-hour concierge service, and a thorough selection of cutting edge conveniences. Communities are carefully crafted to take advantage of Texas’ thriving city centers, best school districts, championship golf courses, jaw-dropping lake views, and lush state forests. Equally remarkable are the homes, equipped with 10 ft. elevated ceilings, Italian marble, hardwood floors, granite countertops, stainless steel kitchens, and baths outfitted with jetted tubs and rainwater showerheads that are fit for royalty. For Texans who wish to upgrade to a luxurious home, Hiles’ communities provide beauty, convenience, and most importantly, affordability.
Western Rim’s upmarket housing has a reputation for both charming and tasteful interiors. Distinctive traits are noticeable upon first glance: high-ceiling foyers with rich wood flooring complement kitchens with designer cabinets, porcelain tile backsplashes and Whirlpool’s ENERGY STAR-certified stainless steel appliances. Baths come standard with jetted Jacuzzi® garden tubs. Stand-up showers are equipped with rainwater showerheads and boast chrome fixtures. The cutting-edge appliances and eco-friendly building choices further Marcus Hiles Fort Worth developer’s goal of utilizing the most sustainable options available. Attics include reflective TechShield® radiant barrier sheathing panels which redirect the sun’s warmth and lower utility costs. Recycled full depth cellulose sound insulation reduces power consumption while the innovative, fire retardant material also assists with noise reduction between units, preventing intrusive sounds from entering the home. Hiles communities also feel as good as they sound, with preferred temperatures maintained by programmable HVAC systems, using substantially less energy than other thermostats. Tight seals fit extra-tall, double-pane, argon gas-layered windows to reduce heat loss in colder months by nearly 75 percent and limit cooling requirements throughout summer.
Hiles notes that the number of renters across the state is expected to grow rapidly over the next seven years, as “economists and developers are expecting to see the percentage of renters continue to rise in most cities.” He says that as of 2013, 54% of Houston residents were already renting, and in fact, there are now more than 6 million Texans renting overall. While the developers scramble in an attempt to stem the chaos from potential buyers, Marcus Hiles Dallas based company continues to make attractive and ecologically minded loft-style apartments available for those wishing to avoid the hassle of buying altogether—doing his part to keep Texas at the forefront of real estate development.