Real estate developer Marcus Hiles says that venture investments are an important signifier of economic growth, as the funds allow companies to bring more workers on board, buy new equipment, and step up product development and marketing campaigns. Venuture capital firms, as a result, take a considerable portion of profits when the promising young companies they invest in are sold or go public, and continue the investment.
A renowned real estate developer and investor Marcus Hiles believes that living in high-end communities with upscale amenities can bring a lot of joy to the renters. Hiles claims that all of the properties managed by Western Rim are carefully planned and designed to be both luxurious and energy efficient. The money Western Rim’s renters save on a monthly basis is enough for them to feel relaxed and happy and maybe even invest in their own businesses. In a material world, such as ours, it is really important to have steady accommodation you’re happy with, concludes Hiles. Read more on: http://www.marketwatch.com/story/marcus-hiles—-explains-how-to-be-happier-as-a-texas-luxury-renter-2016-06-29
The Mansions brand’s elegant functions aren’t just inside the homes but are also present outside. Bearing in mind Texas’ natural beauty, Mansions are located in pleasant outskirts that are not far away from the areas of Dallas/Fort Price, Houston, New Braunfels, Austin, and San Antonio. Marcus Hiles urges tenants to have through information about the community’s on-site services. At Mansions, residents are content to discover that most of their needs are achieved without leaving the community, since they include a first-class concierge services. Fitness-oriented people can utilize the sophisticated gym, an expert trainer, wide golf classes, charming hiking paths and resort fashion swimming pools. The Mansions homes have social clubrooms, external kitchens and lounges that can be used for recreation with friends. Moreover, in case a professional needs a meeting venue spontaneously, various communities include business centers and an on location Starbucks for the event. While contemplating an upscale place, choose no less than what Mansions has to offer.
Marcus Hiles urges his residents to take advantage of the onsite footpaths, noting that tenants who take advantage of even brief exercising on the paths enjoy healthier lives. In 2008, a study by the American Journal of Preventive Medicine gave further proof, suggesting that people living near park areas tended to have a lower risk of obesity; while a 2010 study by the journal Social Science and Medicine determined that people residing near parks and open spaces were more relaxed when compared to others who spent less time in the outdoors. Hiles, a firm supporter of community building, says that beyond their ability to help lower energy costs and encourage active lifestyles, trails also promote a sense of closeness among neighbors, with pathways causing spontaneous meetings and interactions. Environmental, practical and fun, walking trails are an public meeting space no housing development should be without.
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.