Greatwater Opportunity Capital LLC
External link for Greatwater Opportunity Capital LLC
Detroit, Michigan 48214, US
Thrive in '25!
2025 is setting up to be a banner year for Greatwater Opportunity Capital LLC! We're delivering nearly 500 naturally occurring affordable housing units to the City of Detroit - investing in the neighborhoods, building up communities, and doing our part in the city's next chapter of growth. Let's keep going! https://lnkd.in/ehGZY2Fv #GRIT #Detroit #RealEstate #multifamily
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I really enjoyed this panel at Detroit Homecoming where I got to share thoughts about the opportunities for our city. Tl;dr there is a ton of work to do to maintain the momentum and to get it to both scale and stick, but with partnership across industry, city and state governments and foundations, Detroit has the chance to cement itself as a fast-growing, vital, exciting place to live, work, play and raise a family. Here are some excerpts from a Crain's Detroit Business article discussing our panel. #Detroit __________ Roger Ehrenberg, a Detroit native and managing partner of New York-based venture capital firm Eberg Capital, believes that Michigan will benefit from climate migration, as the state has the cooling power from the surrounding Great Lakes. “Detroit has proximity to one-fifth of the world’s supply of freshwater, top educational institutions … We need to think about, ‘What is the environment we can create that can make people want to come and stay here? What will bring people here to raise families?’” Ehrenberg said. Ehrenberg said he believes there is a big focus on how climate change will impact coastal communities, but not enough of a spotlight on how climate change will affect Michigan communities. __________ Ehrenberg said Detroit and the rest of the state needs to focus on building communities that make people want to not only stay in the city, but attract people without ties to Michigan to move to the state. That includes developing great places to live that offer great opportunities to live, and funding great schools in Michigan and Detroit with programs like chess clubs and robotics and more. __________ There are many answers to how Detroit can take advantage of the burgeoning community to attract more investments to the city, but Ehrenberg thinks all solutions lead back to a single theme: “stickiness.” “It’s about stickiness. Yes, great innovation can happen here, but great innovation needs to stay here,” Ehrenberg said. “There's one very specific aspect that's missing, and that's the density of super successful founders that also invest in the ecosystem. Detroit just doesn’t have that.”
Let's go! Thank you to all of our partners and supporters! #DetroitMulti #RealEstate #Detroit #Grit
In less than a month, Greatwater is hosting its 5th Annual Century Bike Race event (Sept 7th) in Detroit. Please reach out of you would like to join us! We thank our lead event sponsor, Lument, and our friends of Greatwater - The Monahan Company, Gallagher, Daniel Cousino, Diversified Members Credit Union, First Merchants Corporation, Giffels Webster, MI Lead Inspections, Rehmann, Rottman, Kingston & Neuvirth, P.C., for their continued commitment to Detroit and our non-profit partners. We are halfway to our goal of $50,000 with their generous support. Greatwater is a real estate development firm dedicated to doing good in Detroit's neighborhoods. While our main focus is to advance thoughtful, innovative methods for building and renovating multifamily housing, we know that buildings are just structures, and it's the neighborhoods that bring our work to life. We are grateful to our local partners for welcoming us in, and in return, the money YOU donate goes directly toward supporting the following organizations across our focus neighborhoods. Please see this short video from our nonprofit sponsors (https://lnkd.in/grY_c-xC): -Mariners Inn (shelter and treatment services for the homeless in Midtown) -CENTRAL DETROIT CHRISTIAN CDC (family-centered education, affordable housing development, and healthy food access in Central Detroit) -East Village Association and Cadillac Street Block Club (community engagement + public space improvement in East Village, Greatwater's pilot neighborhood for brand new single family homes) -SOUTHWEST HOUSING SOLUTIONS CORPORATION (human and economic development + community engagement in southwest Detroit) -Building Beds 4 Kids (working with caseworkers to provide children bed frames, mattresses and bedding to families in need) -Mission of Heart Baptist Church (community engagement + mentoring + families in need in the Villages) -BrilliantDetroit (providing educational services and kindergarten readiness for Detroit kids) -Beaumont Hospital (Wolpin Breast Cancer Care Center) All donations are tax deductible here: https://lnkd.in/g_uRqF6T We thank you for your support! #Detroit #Grit #Philanthropy Lisa Johanon JAMES KELLY Michelle Hodges Matt N. Greatwater Opportunity Capital LLC Kevin Pruzinsky
Love it! #LongDetroit
I'm super excited to be participating in Detroit Homecoming along with legends Trevor Lauer and John W. Rogers, Jr. and talking about Detroit's bright future. We're all deeply engaged and invested in Detroit's success, and I have never been more proud of my heritage as a Detroit Original! I have a deeply held thesis related to climate migration and the inevitable boom of the Great Lakes States, and view our work in Detroit as building the "operating system" for how to drive community-focused investment in smart, energy-efficient, fun and exciting ways. You can register here https://lnkd.in/e2zHVXkJ The future is bright! #LongDetroit Greatwater Opportunity Capital LLC Marrow Detroit Provisions Casamara Club
Great work team! Looking good!
Tuck pointing is underway at The Palms Apartments. The building is receiving some over do tuck pointing by RAM Construction Services The Monahan Company #detroit
Thank you to Crain's Detroit Business for recognizing our guy, Matthew Temkin as a notable real estate leader in #Detroit! https://lnkd.in/eZZpkYMW
We are #hiring in #Detroit! If you know of any motivated sales associates who are passionate about Detroit, and are ready for the opportunity to use their skills on a team with plenty of upside, please reach out!
We are looking for a sales associate to join our leasing team! I’m #hiring. Know anyone who might be interested?
Resurget Cineribus!
Strategic Communication Management, Motivation, Consulting, Branding, Digital Marketing, Crisis Management, Change Management; Executive Coaching; Inclusive Pluralism; Generational Responsibility, “Theatre Rat”
Like a phoenix Newly built suburban style homes In Detroit And check out those price points - already selling at full price “The developer, Greatwater Homes, an affiliate of Detroit-based Greatwater Opportunity Capital, is nearly finished with its initial batch of five houses. “The asking prices for the completed houses range from $339,000 for a two-bedroom ranch with a finished basement to $459,000 for a two-story, three-bedroom house. “All the houses include detached garages and 15-year Neighborhood Enterprise Zone property tax abatements.” Never count Detroit down and out. We always come back stronger. We have always had to. It is in our 300 year survival DNA. 😎👍👍🙏l Greatwater Opportunity Capital LLC City of Detroit Check out this article from Detroit Free Press: Rare development in Detroit of new single-family houses now underway
Greatwater is proud to be a 2024 Freddie Mac Impact Sponsor! The Impact Sponsor cohort comprises sponsors who have shown significant results in providing affordable housing options, offering resident-centered services, and implementing sustainability practices. The Freddie Mac Multifamily Impact Sponsor Program was started in 2021, and continues to recognize sponsors who go above and beyond advancing social impact across their portfolios. #multifamily #realestate #Detroit #Greatlakes https://lnkd.in/gk5shVWr
Thank you JAMES KELLY and Lument for your continued support and partnership! #detroitrealestate #multifamily #impact
Congrats to Greatwater Opportunity Capital LLC for being named a Freddie Mac Multifamily Impact Sponsor for the 2nd consecutive year! Lument is proud to have assisted in your mission to provide affordable housing in Detroit.