Greatwater Opportunity Capital

About Greatwater Opportunity Capital

Greatwater Opportunity Capital is a real estate operator headquartered in Detroit, MI. Greatwater Opportunity Capital operates in Detroit, Michigan. Its investment focus is on Affordable Housing, Multifamily - Ground-up and Multifamily - Value-Add.

Greatwater Opportunity Capital LLC is a Detroit‑based real estate private equity investment manager and development firm operating since around 2018—the founding year cited in Crain’s Detroit Business —with team members active in the field since at least 2014, having acquired, rehabilitated, and leased over 1,000,000 square feet of multifamily, commercial, and vacant‑land property. The firm manages real estate capital via a fund with a target size of approximately $100 million, according to QOZ Marketplace listings. It focuses specifically on emerging urban markets across the United States, with heavy concentration in Detroit’s Opportunity Zones, targeting affordable housing, mixed‑use development, multifamily residential, and commercial real estate. Greatwater specializes in value‑add renovations—particularly of historic apartment buildings—typically in the $5–25 million project range. The firm’s work emphasizes affordability and local impact in Detroit neighborhoods such as the East Side, Midtown, Southwest Detroit, and the North End.

Principals at Greatwater Opportunity Capital