Marcus Hiles Making Luxury Affordable For Working Class In Dallas

 Marcus Hiles Making Luxury Affordable For Working Class In Dallas

Marcus Hiles Making Luxury Affordable For Working Class In Dallas

Until visionary developer Marcus Hiles arrived on the Dallas real estate scene, there was a definite hole in the market for luxury rentals at affordable prices. Almost thirty years ago, the state was experiencing a surge in home sales, leaving prospective homebuyers with little inventory and heavy competition—and those that were moving were selling at over-inflated prices. Hiles viewed the disparity as an opportunity to close an unrecognized gap, and the result was the founding of Western Rim Property Services in 1990. He began creating the units necessary to improve the Dallas rental market, but his unique concept of providing luxury homes, townhomes and apartments to working class Texans single-handedly transformed the Dallas market.

Read more: http://www.marketwatch.com/story/marcus-hiles—-transforms-the-dallas-real-estate-scene-2016-08-07

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