Marcus Hiles placed himself ahead of the curve early on, using his intuition to satisfy market demand for healthier lifestyles and wellness environments among apartment rental customers through his companies under the Western Rim Properties umbrella. Nurturing neighborhoods, not projects, and forging important bonds among employees, residents, and locations through mentorship, work ethic, and philanthropic activities, Hiles has emerged as a lifestyle leader in the multifamily market. With more than 15,000 upscale residential properties under his wing across the state of Texas, Hiles continues to advance the industry, acting on opportunity to create appealing, affordable high-end developments attentive to green standards.
Planned communities first appeared in the United States in 1565, in St. Augustine. The industrial revolution saw company towns like Gary, Indiana as the sites of technological innovations and thriving economic fervor. The first modern communities were built during the Florida land boom of the 1920s down in Southern Florida, where the famous Miami suburbs of Coral Gables, Opa-locka, and Miami Springs incorporated the look and feel of Spain, Arabia, and Mexico. The Great Depression drove the Federal Government to build model towns across West Virginia, Tennessee, Maryland, Ohio, and Wisconsin with the goal of easing the burden of hard times on coal miners, construction workers, and their families. The remote developments of Oak Ridge, TN; Richland, WA, and Los Alamos, NM cropped up during World War II to accommodate the families of scientists, engineers, and industrial workers of the Manhattan Project. Marcus Hiles points out that blueprinted cities now cover the country, including the national capital of Washington, D.C., and state capitals in Mississippi, Ohio, Indiana, North Carolina, South Carolina, Wisconsin, Utah, Florida, and Texas.
Marcus Hiles advised renters looking to sign a lease to keep in mind a few factors that may impact the price of rent. According to a Forbes article on how to negotiate rental prices, collecting information about the neighborhood, the landlord, and what other tenants are paying — either in the same building or community – are all influencers to finding lower rental rates. Renters shouldn’t be afraid to negotiate prices either. Although transparently asking for a lower rental price might not be the best strategy, landlords are not necessarily opposed to negotiating. “Negotiation points for me as a landlord and property manager are length of lease and credit,” says Denise Supplee, co-founder of SparkRental.com, a full-service rental automation service. Another option is to offer to sign a long-term lease, advises Hiles. Landlords like the idea of being able to keep turnover rates down while still meeting their profit needs.
Texas recovered from the recession with job recovery two years sooner than the nation as a whole, and by January 2016 had 1.3 million jobs had been created since its pre-recession employment peak. Marcus Hiles follows the Texas Consumer Confidence Index (CCI), that calculates financial optimism through savings and spending habits. In May 2016 the CCI in Texas was 117.6, compared to the U.S. CCI of 92.6. The economic growth in the state has also seen a boom to the housing market and local communities. The cost of residential property increased by 5.9 percent over previous years. Read More: http://media.mwnewsroom.com/Dallas-Morning-News/-2065713