Before visionary real estate developer Marcus Hiles’ made his entry in the Dallas real estate market, there was a definite gap in the market for luxury rentals at affordable prices. Almost three decades ago, Texas was witnessing a sudden surge in housing sales, leaving hopeful homebuyers with limited options to choose from- moreover, the existing available options were selling at over-inflated values. Hiles saw the disparity as an opportunity to answer a unseen demand, and the outcome was the founding of Western Rim Property Services in 1990. He began building homes that were needed to better the Dallas rental scenario, but his unique concept of offering luxury townhomes, homes and apartments to working class people in Texas transformed the landscape in Dallas for the better solely.
The number of renters in the U.S. is growing at a pace of more than 500,000 every twelve months, with no signs of abating. Texas real estate entrepreneur Marcus Hiles anticipated the increased demand for upscale rentals, which is why his Estates brand delivers premium properties to those in the Lone Star State. “Renters are eager to embrace luxury living at affordable prices,” points out Hiles, Chairman and CEO of Western Rim Property Services. “Our five Estates communities offer signature amenities designed to appeal to singles, couples, and families who have chosen the rental lifestyle.” Just north of Dallas in the suburb of Aubrey, The Estates 3Eighty highlights one- to four-bedroom apartment plans that feature vaulted ceilings, bay windows, chic granite countertops, and spacious rooms. The community’s residents can be found at the on-site Starbucks Wi-Fi café, the private off-leash dog park, or working on one of the state of the art computers in the business center. “Our intention was to create the best of both worlds,” Marcus Hiles explains, “an exclusive lakeside escape that’s a stone’s throw away from vibrant nightlife and a thriving arts community.”