DALLAS, Texas--(BUSINESS WIRE)--Distinguished property authority and philanthropist, Marcus Hiles has developed over 15,000 luxury townhomes and apartments across Texas, with his upscale estates situated in near propinquity to metro centers. As Hiles calls Texas “the Development Capital of America,” ABC News 8 in Dallas-Fort Worth reported new homes are being constructed at their fastest pace in a decade. Forbes concurs with Hiles as well, pointing out that the rise in Texan manufacturing and tech jobs has lead to an overall population increase.
MarketWatch states the upswing is statewide, and can be traced back to Texas welcoming 1,200 new residents every day, with half of the number of arrivals headed directly to the Dallas-Fort Worth Metroplex area. Hiles’ premises are an alternative to the difficulties many find when trying to purchase a home in a market where the median price of homes has gone up nearly 40 percent since 2010. This surge is similar to the situation Marcus Hiles Dallas based Western Rim faced when it was first established in 1990; at that time, an imbalance in the home buying market propelled Hiles to action. His vision of providing elegant home rentals at reasonable prices improved Houston and Dallas real estate markets, and gave both areas an image makeover with the addition of his spacious and stylish townhome rentals.
Dallas real estate investor and developer, Marcus Hiles is the Founder and CEO of Western Rim whose companies manage upscale residential properties across the Lone Star State. A graduate of Pepperdine and Rice Universities, Hiles is a committed supporter of education and has donated over $2.5 million to public and private K-12 initiatives, after school programs, as well as university career services and job placement initiatives.
About Western Rim Property Services:
Western Rim Property Services, Inc. develops, owns, and manages apartment homes in Dallas/Fort Worth, Austin, New Braunfels, San Antonio, and Houston, Texas. Known to offer a contemporary, high quality and luxurious lifestyle to its residents, the firm’s mission is simple: build the highest quality homes in the very best locations, maximizing views with signature amenities, in superior school districts. This assures a rapid lease-up and excellent customer acceptance.