Monthly Archives

September 2015

Real Estate

Marcus Hiles’ Recipe for Success

Marcus Hiles is the man behind the success story of Western Rim Property Services. Western Rim specializes in luxury, affordable housing for blue collar Americans. Luxury and affordability are usually antithetical to one another, but Marcus Hiles is not one to play by the book. Hiles doesn’t view the outrageous rental market as an opportunity to increase his quarterly profits, but rather views it as a chance to attract high volumes of people with fairly priced housing that appeals and satisfies. Hiles’ properties are located near work, play, and community, and are some of the nicest properties found at the lowest possible price.

Marcus Hiles decided to combine real estate and property management in urban areas, and Western Rim does both the real estate development and the property management, which allows a lower overhead cost as they are not paying a third party. Hiles and his company are managers of nearly 7,500 properties and homeowner’s associations, an impressive number in such a competitive market.

Marcus Hiles, who some assume was born into this position, was actually the son of an inner city minister, and built Western Rim properties using his own capital after graduating with his Masters in Business Administration. Hiles freely admits to a time when he had to sleep on the floor of a friend’s house when Western Rim was experiencing growing pains. Marcus Hiles persevered, and now owns more than a billion dollars in property assets.

Marcus Hiles is also well known as a philanthropist in Texas, and gives freely to causes that are important to him. Hiles is well-known for his financial contributions to charity in the Texas area, and has donated to quite a few programs. He has given over one million dollars to fund K-12 education and programs since 2005, as well as supporting college grants and funds valuing close to $1 million as well. Hiles also donates to women’s programs, adding up to over $600,000 within the past 20 years. Children’s hospitals are often frequent recipients of support from Marcus Hiles.

Western Rim and Marcus Hiles are “in it to win it,” as the saying goes, and they show no signs of stopping. Western Rim properties are some of the most highly desired townhomes, condos, and apartments on the market, and even have a hard time keeping up with public demand. Ingenuity and social consciousness have provided a great recipe for success in Marcus Hiles’ case, and he has provided a service that benefits him as well as his customers.

Luxury Apartments, Real Estate

Western Rim Properties: The beginning

There is an inspiring story behind Western Rim Properties. Like many successful businesses it has humble beginnings with hardship and challenges. Marcus D Hiles, the Chairman and CEO of Texas based Western Rim Properties was 28 years old when he founded his company. His Dad was an inner city minister and it was certainly no silver spoon upbringing. In Marcus’s childhood, it was a big deal to be given an ice cream or a donut.

He went on to college but worked full time to pay his way through and at one time was forced to sleep in a living room floor with no mattress or sleeping bag. At times he would be eating nothing but hot dogs and generic beans. It was a simple life but good, prepared him for more hardships when building his start up business.

Marcus Hiles, the Chairman of Western Rim and mansions custom homes had next to nothing when he started the business, reinvesting everything back into the business. It continued to grow as Marcus nurtured it, sometimes barely scraping through payroll. It survived this and then thrived. It grew to become one of the most successful property development businesses in Texas.

Marcus has some key philosophies which have enabled him to grow his business to become what it is today. Choosing the best locations with the best schools has been a hugely successful strategy. This way the homes are very desirable but often much more affordable than similar quality residences in inner city locations. He has endeavoured to create the highest standards in terms of construction, customer service and design. As a company they embrace diversity but also have a massive respect for the environment. They also understand the importance of turning a profit for the long term success of the organisation.