Quinn Member Username: Quinn
Post Number: 1206 Registered: 01-2005
| Posted on Wednesday, March 21, 2007 - 1:38 pm: | |
Just to start the speculation train again... Rock Financial and Quicken Loans are holding a mandatory employee meeting this afternoon at the Opera House. Would be great, as I've speculated before, if they used the opportunity to announce a move to the Statler site. I'm not downtown now so I can't see...anyone see any activity at the Statler site, like maybe they're going to unveil something? Maybe a tent for an afterglow party? |
Stecks77 Member Username: Stecks77
Post Number: 296 Registered: 08-2006
| Posted on Wednesday, March 21, 2007 - 1:41 pm: | |
Give it up. More likely to be layoffs then anything else. |
Quinn Member Username: Quinn
Post Number: 1208 Registered: 01-2005
| Posted on Wednesday, March 21, 2007 - 1:53 pm: | |
Well they wouldn't be holding a meeting to announce layoffs... they'd just start laying off. Besides, I'm not sure the current market slump for companies that hold sub-prime mortgages really affects them that much. They are the originators of the loan...almost like a leads company for the banks...and there will never be a run-out of customers for them. I could be wrong. |
Livernoisyard Member Username: Livernoisyard
Post Number: 2879 Registered: 10-2004
| Posted on Wednesday, March 21, 2007 - 1:54 pm: | |
Another annual pep rally. The theme: "Hold the course!" |
Apbest Member Username: Apbest
Post Number: 494 Registered: 03-2006
| Posted on Wednesday, March 21, 2007 - 1:55 pm: | |
arent they leasing space in the compuware building before? they've got plenty of time it would have leaked here before if that was the case |
Quinn Member Username: Quinn
Post Number: 1209 Registered: 01-2005
| Posted on Wednesday, March 21, 2007 - 2:00 pm: | |
A few differences though: They have never used the Opera House before...either the Southfield AMC Theatre or the Fox for this meeting. The Opera House is situated on a plot of land that mirrors the Statler site. Kinda a great opportunity to use that info as a segway to an announcement during the meeting (then again I'm a fan of theatrics and drama...rock management maybe not so much). BTW this will be the last thread I create on this subject for a long time as, many of you know from my past posts, I can't stand the waiting around for an announcement. It's cruel punishment for us DetroitYessers. |
Spiritofdetroit Member Username: Spiritofdetroit
Post Number: 365 Registered: 11-2006
| Posted on Wednesday, March 21, 2007 - 2:01 pm: | |
Kwame would have been gushing over this during the State of the City if they were ready to make the move.... |
Livernoisyard Member Username: Livernoisyard
Post Number: 2880 Registered: 10-2004
| Posted on Wednesday, March 21, 2007 - 2:03 pm: | |
Wasn't the Opera House under construction until recently? My neighbor's son-in-law was working construction there the last year or two. |
Spiritofdetroit Member Username: Spiritofdetroit
Post Number: 366 Registered: 11-2006
| Posted on Wednesday, March 21, 2007 - 2:44 pm: | |
It is still right now. The front facade is being madeover |
Gistok Member Username: Gistok
Post Number: 3872 Registered: 08-2004
| Posted on Wednesday, March 21, 2007 - 3:11 pm: | |
The office block portions of the Opera House were still under construction until recently. But the theatre space has been completed for a few years now. They completed an intimate Chrysler Theatre for dance on the 5th or 6th floor (150 seats) on the Broadway side of the building just last year. |
Dialh4hipster Member Username: Dialh4hipster
Post Number: 1978 Registered: 11-2004
| Posted on Wednesday, March 21, 2007 - 4:13 pm: | |
Maybe Quicken/Rock will be announcing a move into the still-vacant Opera House Retail Center! |
Jt1 Member Username: Jt1
Post Number: 8602 Registered: 10-2003
| Posted on Wednesday, March 21, 2007 - 4:16 pm: | |
I heard that Ikea is going to open a small satellite store at that location.
|
Auspower Member Username: Auspower
Post Number: 10 Registered: 02-2007
| Posted on Wednesday, March 21, 2007 - 4:22 pm: | |
I heard they were moving out of Michigan... |
Fnemecek Member Username: Fnemecek
Post Number: 2408 Registered: 12-2004
| Posted on Wednesday, March 21, 2007 - 4:32 pm: | |
quote:Just to start the speculation train again... Rock Financial and Quicken Loans are holding a mandatory employee meeting this afternoon at the Opera House. For what it's worth, sources in the Compuware building say that Quicken has Hard Rock Cafe booked for some kind of an event tomorrow. |
Mortgageking Member Username: Mortgageking
Post Number: 2 Registered: 12-2006
| Posted on Wednesday, March 21, 2007 - 4:36 pm: | |
Just got word from the bosses that Rock/ Quicken Loans WILL be making a move downtown. I'll be able to give more details in a little bit. 1 |
Jt1 Member Username: Jt1
Post Number: 8605 Registered: 10-2003
| Posted on Wednesday, March 21, 2007 - 4:38 pm: | |
I heard it is because David Hall wants to be closer to Karras Bros. |
Brandon48202 Member Username: Brandon48202
Post Number: 157 Registered: 12-2004
| Posted on Wednesday, March 21, 2007 - 4:39 pm: | |
That would be great for downtown if it really is true, keep us updated. |
Mackinaw Member Username: Mackinaw
Post Number: 2604 Registered: 02-2005
| Posted on Wednesday, March 21, 2007 - 4:47 pm: | |
Mortgageking, this better be for real. We've been riding this roller coaster for too long. |
Thejesus Member Username: Thejesus
Post Number: 765 Registered: 06-2006
| Posted on Wednesday, March 21, 2007 - 4:50 pm: | |
they already were moving downtown, into the vacant space inside compuware, yes? |
Bigjeff Member Username: Bigjeff
Post Number: 61 Registered: 08-2006
| Posted on Wednesday, March 21, 2007 - 4:54 pm: | |
Smells like a early April Fool's joke to me!!! |
Eboyer Member Username: Eboyer
Post Number: 15 Registered: 01-2007
| Posted on Wednesday, March 21, 2007 - 6:29 pm: | |
I can try and find out later if this is the truth, however like people have said, if it has not been leaked yet than it is probably not be true. |
Quinn Member Username: Quinn
Post Number: 1210 Registered: 01-2005
| Posted on Wednesday, March 21, 2007 - 6:39 pm: | |
Well...just heard...not a word about moving at the meeting. Sorry. That's it for me and posting speculative threads on Rock/Quicken move. Frank, Rock always has department outings to bars and restaurants. I'm sure tomorrows just another outing. |
Psip Member Username: Psip
Post Number: 1572 Registered: 04-2005
| Posted on Wednesday, March 21, 2007 - 6:39 pm: | |
Does anyone have a contact at Hard Rock? Lets see if there is a reservation for an event on Thur or Fri. |
Dialh4hipster Member Username: Dialh4hipster
Post Number: 1981 Registered: 11-2004
| Posted on Wednesday, March 21, 2007 - 6:47 pm: | |
How about just waiting, like normal people? |
Eboyer Member Username: Eboyer
Post Number: 16 Registered: 01-2007
| Posted on Wednesday, March 21, 2007 - 6:47 pm: | |
The event at the Hard Rock would not be the appropriate venue for an announcement of this magnitude. Remember, Quicken Loans is a company of roughly 4000 team members. How many people can fit in the Hard Rock, 250 at best? |
Emuaaron Member Username: Emuaaron
Post Number: 14 Registered: 07-2005
| Posted on Wednesday, March 21, 2007 - 8:05 pm: | |
Guys, they are having their annual awards ceremony for employees. I think this is a lot of speculation based on nothing. |
Fareastsider Member Username: Fareastsider
Post Number: 253 Registered: 08-2006
| Posted on Wednesday, March 21, 2007 - 8:10 pm: | |
With all of the foreclosures and slow house sales why the hell would Rock relocate now. I work for a company that does lots of work for mortgage companies and I am laid off and my boss told me that a few of our clients have gone out of business. The housing industry is in the dumps here I dont think Rock has ANY plans of moving and building a new headquarters unless house buying increases. |
Eboyer Member Username: Eboyer
Post Number: 17 Registered: 01-2007
| Posted on Wednesday, March 21, 2007 - 9:25 pm: | |
Quicken does a significant majority of their business out of state, where the housing market is better. Rock Financial is a small part of a larger machine. |
Livernoisyard Member Username: Livernoisyard
Post Number: 2886 Registered: 10-2004
| Posted on Wednesday, March 21, 2007 - 9:57 pm: | |
Some on DY use Quicken and Rock interchangeably. Probably because they don't know better. |
Bob Member Username: Bob
Post Number: 1413 Registered: 11-2003
| Posted on Wednesday, March 21, 2007 - 10:36 pm: | |
Correct me if I'm wrong LY, but isn't Rock a division of Quicken? I would doubt they have made a decision for a new headquarters at this moment due to the awful housing market. I would not be surprised if they extend their Livonia lease and ride out the market until the mortgage market gets better, then make a decision. |
Livernoisyard Member Username: Livernoisyard
Post Number: 2890 Registered: 10-2004
| Posted on Wednesday, March 21, 2007 - 10:53 pm: | |
Rock Financial is a part of Quicken Loans, yes. Check out Quicken Loans and Rock Financial and see. |
Eboyer Member Username: Eboyer
Post Number: 18 Registered: 01-2007
| Posted on Thursday, March 22, 2007 - 12:13 am: | |
Bob, the housing market is not that bad nationally. Like I said, Quicken Loans does a majority of their business nationwide, as opposed to their Rock division, which they have scaled back significantly in the recent months. Their finances are fine, probably growing, considering they hire about 200 new team members every month. |
Livernoisyard Member Username: Livernoisyard
Post Number: 2891 Registered: 10-2004
| Posted on Thursday, March 22, 2007 - 12:34 am: | |
Homes picture mixed after starts data
quote:WASHINGTON (Reuters) - The pace of U.S. home construction rose a sharp 9 percent in February but permits for future building slid, according to data on Tuesday that shed little light on whether the housing market was stabilizing. The cloudy home construction data and recent woes in the subprime mortgage market are sure to be on the minds of Federal Reserve members as they weigh monetary policy when they meet Tuesday and Wednesday.
quote:"The gains in the South and West made up for the drops in the Northeast and Midwest," said Karl. |
Mortgageking Member Username: Mortgageking
Post Number: 3 Registered: 12-2006
| Posted on Thursday, March 22, 2007 - 5:37 pm: | |
BUMP |
Skulker Member Username: Skulker
Post Number: 3698 Registered: 10-2003
| Posted on Thursday, March 22, 2007 - 5:57 pm: | |
What a frigging waste of bandwidth of a thread.... Criminy. |
Bussey Member Username: Bussey
Post Number: 501 Registered: 12-2003
| Posted on Thursday, March 22, 2007 - 7:25 pm: | |
So why post about it then...? |
Dialh4hipster Member Username: Dialh4hipster
Post Number: 1986 Registered: 11-2004
| Posted on Thursday, March 22, 2007 - 7:55 pm: | |
I don't know what was discussed, but you could really tell from the way all those people walking around downtown were dressed that Rock/Quicken is based in Livonia ... (Message edited by dialh4hipster on March 22, 2007) |
Lt_tom Member Username: Lt_tom
Post Number: 161 Registered: 06-2004
| Posted on Thursday, March 22, 2007 - 9:23 pm: | |
Yeah I know what you mean. When I visit Michigan I end up in Livonia every so often. They all wear slacks or jeans and shirts with collars. Socks and shoes too. What a bunch of freaks! |
Dialh4hipster Member Username: Dialh4hipster
Post Number: 1989 Registered: 11-2004
| Posted on Friday, March 23, 2007 - 1:13 pm: | |
Ill-fitting suits on the guys with shirts in jewel tones and bad crepe-soled shoes. Bad dresses and too-high heels on pumps for girls. Bad hair throughout. Too many fake tans. It looked like kids dressing up for homecoming. |
Wazootyman Member Username: Wazootyman
Post Number: 191 Registered: 02-2006
| Posted on Friday, March 23, 2007 - 1:26 pm: | |
Haha! Yeah, I know...we're so fashion-retarded in Livonia! This button-down shirt and these black wool pants are SO suburban. I should be more edgy and shop downtown...what? |
Lt_tom Member Username: Lt_tom
Post Number: 164 Registered: 06-2004
| Posted on Friday, March 23, 2007 - 1:28 pm: | |
Point taken, hipster. I wish I couldve seen the show! Sounds like it was entertaining |
Enduro Member Username: Enduro
Post Number: 99 Registered: 11-2006
| Posted on Friday, March 23, 2007 - 4:32 pm: | |
Ha! I watched the parade of Rock Headset Phone Dorks too. 60% seemed to be smokers and none of them even turned to look when I went outside and sang that godawful "800-333 RoOOOOCK!" song to them. They must be used to hearing it. I wanted to give a special gold star to the one's holding their Emmy-esque award. |
Enduro Member Username: Enduro
Post Number: 100 Registered: 11-2006
| Posted on Friday, March 23, 2007 - 4:35 pm: | |
...also Livonia spelled backwards would almost read as "Analville". |
Thnk2mch Member Username: Thnk2mch
Post Number: 821 Registered: 02-2006
| Posted on Friday, March 23, 2007 - 4:46 pm: | |
And Enduro un-scrambled is: rude, no? (Message edited by thnk2mch on March 23, 2007) |
Dialh4hipster Member Username: Dialh4hipster
Post Number: 1990 Registered: 11-2004
| Posted on Friday, March 23, 2007 - 4:51 pm: | |
Obviously some people don't know we are at war with Livonia. |