Across Marcus Hiles’ 15,000 upmarket residences throughout Texas, cellulose sound insulation is responsible for giving renters the feeling of having their own hideaway from the outside world. Though the properties exhibit the developer’s vision of community-centric features, such as shared recreation centers and championship golf courses, Hiles understands the need for residents’ private home life—one without any audible interference from the world outside or next door. Full depth cellulose is exceptionally effective in its ability to prevent intrusive sound. While most insulation provides some noise reduction by inhibiting sound from traveling through walls and between floors, dense packing cellulose weakens volumes by limiting the passage of sound along cavities in a building’s structure. According to the Cellulose Insulation Manufacturers Association, cellulose insulation products have an NRC (Noise Reduction Coefficient) rating ranging upwards of .80 or higher, meaning that it absorbs 80% or more of the sound with which it comes into contact. With a composition roughly three times more dense than standard fiberglass, it affords a vast improvement over the other most common type of home insulation.
Marcus Hiles’ green efforts go beyond the communities he develops. Marcus Hiles sees environmental conservation as a win for both community individuals and the planet. His company’s continued tree-planting events have increased the volume of trees even more than the pre-development levels. “Each of the 3,000 trees we planted in the previous year takes care of more than 45 pounds of carbon dioxide and contaminations while also releasing oxygen,” he says. In the meantime, Hiles tries to ensure existing natural treasures, for example, the many 100-year-old oak trees that thrive in a park beside one Western Rim site. “Our objective is to cut carbon emissions by more than 500,000 metric tons throughout the following ten years,” he remarks. “Also, we’ll be able to provide energy savings for our occupants and make practical, thriving communities.”
While agreeing that happiness can be achieved in many ways, Marcus Hiles remarks that the happy occupants of his more than 15,000 homes, townhomes, and flats express absolute joy about living in these classy properties. “We meticulously select land and after that create apartments that are both charming and are very energy efficient,” he explains. Thus, residents save a lot of money on utilities. Additionally, they don’t need to bother with yard work, house maintenance work, or home loan escrow accounts so they have bonus time and resources to chase their dreams. “People living in our communities can invest freely and make use of the ample opportunities that arise in different areas,” Hiles says. “A renters happiness is directly proportional to the time spent in his luxury complex indeed.”
A community-centric vision sits behind Marcus Hiles’ standing as a leading philanthropist. With a strong commitment to education, Hiles has donated more than $2.5 million to public and private primary school initiatives, after-school programs, university career services, and job placement programs in Texas. Hiles knows the importance of philanthropy, having come from humble beginnings himself. His father was an inner-city minister, and Hiles completely funded the construction of two large churches – one in Texas and the other his home state of Massachusetts.
The population of Texas increased by nearly 433,000 individuals, from 27.42 million to 27.86, furthering a growth trend that overtook the entirety of the Southern U.S. “States in the South and West continued to lead in population growth,” explained Ben Bolender, chief of the Census Bureau’s Population Estimates Branch. “In 2016, 37.9 percent of the nation’s population lived in the South.” Jeffrey S. Passel, a senior demographer at the Pew Research Center, envisions the growth continuing indefinitely, saying to the New York Times that, “the movement to the South and West is a very long term trend.” Marcus Hiles, furthering what the two researchers have stated, adds that older residents of the North and Northeast, primarily baby boomers, are finding warmer places to retire.
Marcus Hiles explains that despite these statistics seemingly noting a trend of movement to urban areas, it is in fact the surrounding suburban towns that are experiencing massive increases, mostly due to expensive downtown housing prices. As an example, the Texas A&M University Real Estate Center reported that the average price paid for a home in Austin’s local market area is $386,700, and predicted the cost to continue rising across 2017. Extreme costs of living are not only encouraging Texans to live in the suburbs, they are causing them to opt for long-term renting. In many Texas cities, including Houston and Dallas, renting has already been shown to be more cost effective than buying a house. As developers build upmarket rental communities offering resort-like amenities and services, residents will continue to realize that rental complexes provide improved quality and enjoyment of life on top of greater financial freedom.
Texas property developer, Marcus Hiles has been constructing sustainable communities across the lone star state for the last three decades. Through careful consideration and extraordinary vision of luxury building that has driven his projects he has stayed informed of design trends and knowing the most desirable styles. Recent changes have altered expectations of room layout, facades and even the possible functions of homes themselves. Innovative architectural advances have led to net-zero energy properties that strike a balance of total energy consumption and the amount of renewable energy they create, while passive and active buildings utilize energy conservation processes for virtually eliminating all heating and cooling bills. Instead of focusing on aesthetics, architectural design trends are bringing more convenience, space and light into today’s spaces and reshaping the way we live. Read More: http://www.marketwatch.com/story/marcus-hiles—-discusses-the-latest-current-architectural-design-trends-2016-09-15
As superyacht owners push for hybrid, fuel-saving propulsion, upmarket travelers seek sustainable accommodation, and companies reap the financial benefits of green buildings, the demand for LEED Certified Apartment Construction follows. The USGBC website notes the trend is growing largely because owners of green buildings saw an average of 19.2 percent improvement in ROI for existing buildings and about a 9.9 percent new project return, notes Marcus Hiles. According to a Smart Market Report from McGraw Hill, apartment builders discussed their reasons for building to LEED standards, with more than half responding to customer demand, three-quarters noting savings on energy use, and about 70 percent recognizing government or utility incentives. About 65 percent acknowledged a competitive market advantage over less sustainable properties.
Planned cities, such as the colonial-era developments of Jamestown, Philadelphia, and Charleston, have shaped the United States since the 16th century. In today’s America, CEO of Western Rim Property Services Marcus Hiles believes that designed communities are not only beneficial to residents, but play an integral role in the country’s real estate market. The Dallas real estate investor has been constructing stunning luxurious developments for over thirty years, witnessing firsthand the transformative impact they’ve had on Texas’ citizens and economy.
When a renter asks about a particularly popular floorplan, the chances of them receiving a higher rental rate increase due to the technology built to help landlords generate more revenue. Alternatively, if the renter inquires about what floorplans the complex has available without being specific on what exactly they’re looking for, the rent price then decreases. A New York Times article points out that technology, such as the yield management software, can help residents as well. “Just as travelers can lower their airline fare by flying at off times, residents can often lock in lower monthly rents by agreeing to lease terms that help apartment owners avoid downtime or fill less popular units.” With this being said, Marcus Hiles notes that renters should be signing leases during an off-season such as late fall or early winter.