Marcus Hiles – Western Rim’s Executive Analyzes the Nationwide Rise of Market Demand for Upscale Homes

DALLAS–(BUSINESS WIRE)–#Charity–The modern-day Americans’ new vision of prosperity, freedom, and success
is shaped as a lifestyle that guarantees lower maintenance costs, higher
social mobility, greater community engagement with less isolation – but
more exclusivity, and urban luxury with the idyllic countryside beauty. Marcus
Hiles
, Chairman and CEO of Western Rim Property Services, responds
to the current national boom in demand for luxury apartments by creating
affordable, environmentally responsible, and socially friendly high-end
apartments.

Marcus
Hiles
notes that the rising demand is mostly driven by large
segments of the population that cannot qualify for a high down-payment
mortgage, are not looking to buy, or are downsizing – all at the same
time. Hiles believes affordable upscale rental communities will continue
to grow in popularity as affluent Americans become city dwellers – some
by choice, others out of necessity.

The popularity of renting over buying is significant, considering people
are still choosing to rent even with historically low interest rates.
This trend underscores a shift in priorities toward increased mobility
and less commitment without sacrificing amenities and lifestyle.
Properties developed by Hiles’ Western Rim are located near outstanding
educational opportunities, shopping centers, and feature golf courses,
swimming pools, and clubhouses with everything from European Grand Spas,
hair and nail salons, an on-site doctor’s office, an executive business
center, and a Starbucks café – designed to satisfy the rental consumers.

Marcus
Hiles
is committed to creating high-quality residential rental
communities. As the Founder, Chairman, and CEO of Western Rim Properties
and Newport Classic Homes, Hiles is responsible for managing more than
15,000 luxury properties that include world-class amenities and a focus
on a healthy lifestyle with ecological public spaces, top school
districts, and recreation locations.

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.

Contacts

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Tiffany Jones, 202-759-4575
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