Marcus Hiles Delivers For Millennials, Boomers Seeking Mobility

Marcus Hiles Delivers For Millennials, Boomers Seeking Mobility
Marcus Hiles Delivers For Millennials, Boomers Seeking Mobility

Says developer Marcus Hiles, Dallas is experiencing a new norm in urban residential living, similar to several of the fastest growing major U.S. cities including Houston, Atlanta, Boston, New York, Miami, Chicago, Los Angeles, and Philadelphia. Working millennials and retiring baby boomers increasingly want luxury amenities without the labor involved. But, the there are numerous other forces at work here too. The increased demand is also driven by large segments of the population unable to qualify for a high down payment mortgage, not looking to buy, or downsizing – all at the same time. Hiles believes affordable upscale rental complexes will continue to gain popularity as affluent Americans move to the city – some by choice, others out of necessity.

Read more: http://www.marketwatch.com/story/marcus-hiles-dallas-developer-on-national-boom-in-luxury-apartments-2016-07-07

Marcus Hiles Author

The Chairman and CEO of Western Rim Property Services and Newport Classic Homes, Marcus Hiles is a renowned Texas real estate investor and developer who has spent more than three decades creating properties that embody his vision of luxury living.