CoreLogic recently expanded its Oklahoma City office to better serve its global client base which includes more than 9,000 mortgage banks and lenders, 300 Wall Street firms, 500 P&C insurers, one million real estate professionals, and over 20 federal agencies. The grand opening of the new office was celebrated through a ribbon cutting ceremony followed by a tour of the new facility.
Within the past two years, CoreLogic has acquired two Oklahoma companies: Mercury Network and a la mode technologies, LLC (a la mode). The acquisitions support roughly 210 high-skilled, high-paying jobs. CoreLogic plans to immediately grow its Oklahoma workforce by five percent with plans for additional expansions in the future, the company stated in a release.
Some facts about the expansion include an increase of leased space by 122 percent, from 12,000 to 27,000 sq. feet, and the expansion allows for 155 additional employees, with 45 positions opening immediately. The company sees this expansion as a smart move due to Oklahoma City’s geographic location, top-quality employees, low cost of living, and affordable housing.
“Continuing its pursuit of strong growth, CoreLogic recognized Oklahoma City as a growing hub of high-tech, high-skilled talent and innovation,” CoreLogic President and CEO Frank Martell, along with U.S. Rep. Steve Russell said. “The acquisitions of Mercury Network and a la mode make Oklahoma one of the largest employee bases for the company. The investment in Oklahoma will allow CoreLogic to increase development and scaling of its end-to-end valuation solutions workflow suite, which includes data and market insights, analytics, and data-enabled services and platforms.”