The growth of Texas industry has been astonishing and the Lone Star State continues to grow. Marcus Hiles predicted that when he founded Western Rim Properties thirty years ago and he is still providing new Texas residents with houses of high quality and with upscale amenities. The Texas industry grows each year and there are 440 thousand new residents since 2010. Marcus Hiles is working extensively to find appropriate luxurious homes at affordable prices for all of the hardworking people of urban Texas areas. Read more on http://markets.financialcontent.com/investplace/news/read/33700106/Marcus_Hiles_
For more than three decades, Western Rim Properties Chairman and CEO Marcus Hiles has been creating luxury rental communities across Texas. Unrivaled in contemporary design and resort-style conveniences, the homes, townhomes and apartments he has developed are highly regarded for featuring cutting-edge, energy-efficient amenities. Staying up to date on innovations in smart house technologies, the successful real estate developer has firsthand experience with the next wave of fully programmable appliances that give tenants previously unavailable levels of customization and control—controlled by cell phone. The growing consumer market for state-of-the-art smart household appliances has proven to be cost effective and offer convenience like not previously available. Hiles offers his astute views about the latest machines in the network of the “Internet of Things,” and their potential for ushering in an easier lifestyle. Read more: http://finance.yahoo.com/news/marcus-hiles-provides-insight-smart-093000020.html
Urban rental markets saw a great influx of development over the past four years, with luxurious high-rise buildings modernizing skylines and reviving downtowns that had previously lacked upscale housing developments. But with the living costs in these areas continuing to rise faster than salaries and the availability of jobs outside of cities increasing, many in the real estate industry, such as Western Rim Property Services CEO Marcus Hiles, expect significant growth in suburban submarkets in 2017. Hiles, as Texas’ preeminent builder of high-end multi-family rental communities, explains the motivations driving the move, and the growth of “new suburbia.”
An increasing number of Americans are opting to lease instead of owning their residences, with that number expected to increase by at least a half million each year through 2023. Marcus Hiles and Western Rim have spent nearly thirty years creating and maintaining over 15,000 high-end apartments, condos, and townhomes across Texas, helping to satisfy the growing demand for rental properties. These developments are built near many of the state’s largest cities, including Dallas, Houston, San Antonio, and Austin, offering affordable luxury and resort-style conveniences in a suburban setting. Fitness centers, nature trails, open green spaces, access to professional golf courses, cellulose soundproofing technology, and eco-friendly design provide residents with a high standard of living, while avoiding the costs typically associated with owning a residence in today’s increasingly expensive real estate market.
With about 510,000 new residences constructed in 2015 and over $450 billion in sales for the commercial real estate sector, the property industry is the biggest component influencing employment and the overall economy in the United States today. Politicians have directly affected real estate markets in the past under President Obama, and definitely will continue to have future impacts as President-elect Trump takes office. Renowned Dallas developer Marcus Hiles points out that benefits can be appreciated from the policies of both men when applied to the real estate industry.
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While protecting wage and job growth in the private sector is key, Marcus Hiles points out that political efforts also must promote educational opportunities that empower students. The Programme for International Student Assessment noted that U.S. school children are in the middle of the international pack for math and science, with the Pew Research Center reporting scoring 36th and 28th out of 65 countries in the study. While politicians have for decades frequently denounced the results and demanded better training, new policies must ultimately encourage more children to study math and science at the university level; The U.S. Department of Education believes that, “only 16 percent of high school students are interested in a [science, technology, engineering or math] career and have proven a proficiency in mathematics.” Though changes in learning standards and curriculum must be incorporated as early as grades K-6, students finishing high school need the ability to master trade skills that equip them for jobs in the construction and health care fields. Many expect that the current presidential administration will make good on promises to provide a bigger role for community colleges in the economy, with commercial real estate and home building industry career paths readily available to students pursuing a future in development and infrastructure improvement.
Marcus Hiles, the CEO of Western Rim Property Services, has been a wholehearted supporter of the ENERGY STAR voluntary labeling program since its launch, in 1992. Every year, consumers, including Hiles’ company, buy over 300 million ENERGY STAR rated appliances and products, and experience total energy savings of more than $31 billion. When compared to older units, the energy efficient appliances use almost half less electricity.
Marcus Hiles has made it Western Rim’s goal to provide the thoughtfully designed homes with comprehensive facilities and an elegant lifestyle at an affordable price point. The Mansions at Lakeline in downtown Austin, Texas provide easy access to the rich mecca of arts and culture with chic, urban living and hundreds of trendy restaurants and shops nearby. In Conroe, Texas, The Towers Woodland’s stunning natural landscape is showcased at every opportunity with breathtaking lake views, 44 acres of running trails and picnic areas, a fishing pond, and an off-leash dog park. Each neighborhood seeks to create a year round sanctuary from the stresses of everyday life, offering full day spas, personal trainers, and twenty four hour concierge and maintenance services.
Marcus Hiles’ Dallas communities remain ecologically proactive, and each new development strives to grow the tree canopy beyond its pre-developed state. In just the past year, 2,500 trees have been planted during the creation of public and private parklands and preserves, with each absorbing an average of 48 pounds of carbon dioxide from the air annually. Over the initiative’s lifetime, over 30,000 trees have been planted which grow to remove 75 tons of carbon dioxide each year. One of Western Rim’s crowning achievements is a 44 acre park that houses century-old oak trees, along with a pond, stream, and Frisbee golf course. By prioritizing the integration of eco-conscious designs into Texas’ naturally beautiful coountryside, Hiles is looking to the future, and ensuring attainable luxury living for future generations.