PHOENIX, June 14, 2017 – Quicken Loans, the nation’s second largest retail mortgage lender, today announced a long-term lease to occupy 150,000 square feet on six floors of the One North Central Building in the heart of the budding tech-hub in downtown Phoenix. The company’s relocation of 1,100+ full-time team members from its current office space in Scottsdale, Arizona is expected to be completed in 2018.
“Over the past 10 years, we have built our Arizona presence from the ground-up and we now have a hard-working team that is passionate about both their clients and community,” said Jay Farner, Chief Executive Officer of Quicken Loans. “Having an office in an urban center is incredibly important to us as a company. It is our firm belief that vibrant downtown areas not only attract the best talent, but help companies innovate and flourish.”
With the move to downtown Phoenix, the Quicken Loans Arizona office now joins more than 20,000 team members from Quicken Loans and its affiliates in two other downtown offices in Detroit and Cleveland – all operating in the heart of growing urban cores. Downtown office locations allow the Quicken Loans Family of Companies to grow its ‘for more than profit’ model – capitalizing on business success to create jobs, invest in the community and positively impact the bottom line of the cities in which it has a presence.
“When talking to team members, it’s clear that they are energized by being in a high-tech corridor that spurs creativity and innovation. Quicken Loans wouldn’t be what it is now if we were still in the suburbs of Detroit, and moving to downtown Phoenix will provide an energy boost to both our office and the city itself,” added Farner.
The Quicken Loans Arizona web center opened in 2007 with 90 team members. It has since grown to a workforce of more than 1,100 team members. The One North Central Building will have an interior created with an open style to encourage collaboration among team members and will feature an amenities-centric landscape with unique, contemporary furniture.
The new space is being planned, designed and furnished by dPOP!, a Detroit-based design company, that is part of the Quicken Loans family of companies.
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About Quicken Loans
Detroit-based Quicken Loans Inc. is the nation’s second largest retail home mortgage lender. The company closed more than $300 billion of mortgage volume across all 50 states between 2013 and 2016. Quicken Loans moved its headquarters to downtown Detroit in 2010, and now more than 17,000 team members from Quicken Loans and its Family of Companies work in the city’s urban core. The company generates loan production from web centers located in Detroit, Cleveland and Scottsdale, Arizona. The company also operates a centralized loan processing facility in Detroit, as well as its San Diego-based One Reverse Mortgage unit. Quicken Loans ranked “Highest in Customer Satisfaction for Primary Mortgage Origination” in the United States by J.D. Power for the past seven consecutive years, 2010 – 2016, and highest in customer satisfaction among all mortgage servicers the past three years, 2014 – 2016.
Quicken Loans was ranked #10 on FORTUNE magazine’s annual “100 Best Companies to Work For” list in 2017, and has been among the top-30 companies for the past 14 consecutive years. The company has been recognized as one of Computerworld magazine’s ’100 Best Places to Work in IT’ the past 13 years, ranking #1 for eight of the past twelve years including 2017. The company is a wholly-owned subsidiary of Rock Holdings, Inc., the parent company of several FinTech and related businesses. Quicken Loans is also the flagship business of Dan Gilbert’s Family of Companies comprising nearly 100 affiliated businesses spanning multiple industries. For more information and company news visit QuickenLoans.com/press-room.
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