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Rocket Companies Debuts Rocket.com as One-Stop Platform for Homebuyers

Rocket Companies Debuts Rocket.com as One-Stop Platform for Homebuyers

by Phil Hall | Jan 22, 2025 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Detroit-headquartered Rocket Companies (NYSE: RKT) announced the launch of Rocket.com as a platform designed to help homebuyers with their home search and financing needs. According to the company, Rocket.com will combine home search, financing and servicing needs...
Redevelopment Plan for Detroit’s Renaissance Center Calls for Demolishing Two Towers

Redevelopment Plan for Detroit’s Renaissance Center Calls for Demolishing Two Towers

by Phil Hall | Nov 29, 2024 | Commercial Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Detroit’s Renaissance Center could be reconfigured with the demolition of two of its five towers in a massive redevelopment project that is budgeted at over $1 billion. The Detroit News reports the redevelopment project is being spearheaded by Bedrock Detroit LLC, the...
Rocket Companies Fizzles with Q3 Loss of $481 Million

Rocket Companies Fizzles with Q3 Loss of $481 Million

by Phil Hall | Nov 13, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Detroit-based Rocket Companies (NYSE: RKT) recorded a $481 million loss in the third quarter on $647 million in total revenue. The company’s dismal third quarter performance followed a mild $178 million profit in the second quarter, when the company’s total revenue...
Rocket Companies Names New EVP of Product Engineering

Rocket Companies Names New EVP of Product Engineering

by Phil Hall | Oct 7, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

Rocket Companies (NYSE: RKT), the Detroit-based parent company of Rocket Mortgage, has hired Papanii Okai as executive vice president of product engineering. In this newly created role, Okai will work with the company’s senior technology leaders to create AI-driven...
Dan Sogorka Named General Manager of Rocket Pro TPO

Dan Sogorka Named General Manager of Rocket Pro TPO

by Phil Hall | Sep 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Detroit-headquartered Rocket Companies (NYSE: RKT) has named Dan Sogorka as general manager of Rocket Pro Third Party Origination (TPO), the mortgage broker business of Rocket Mortgage. In this newly created role, Sogorka will be responsible for establishing the...
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