Dan Fleming | Apartment Investing

Founder, Corto Realty Group. Multifamily Investments. Milton Friedman. Current Events. CA DRE: 02010523

[Dan Fleming | Apartment Investing @DanFleming99]

Bringing LinkedIn positivity to X:

Corto Realty Group, Inc. is pleased to share a progress update on the revitalization of Westgate Apartments, a 31-unit multifamily community in Simi Valley that had gone too long without meaningful investment.

We sourced the opportunity, performed detailed underwriting, led due diligence, and brought the deal to our client, who closed on the property in September 2025 at $5.3 million.

Since closing, we have been steadily reinvigorating the property with a focus on improving living conditions and safety for residents:

✅ 15 of 31 units fully upgraded — existing residents received first priority to move into the newly renovated homes, and several have gladly done so, enjoying refreshed kitchens, bathrooms, new LVP flooring, recessed lighting, and modern Moen fixtures

✅ Exterior safety and aesthetics improved: removed overgrown trees whose roots had created major trip hazards by pushing up concrete; ground down affected areas and replaced concrete sections where needed; rebuilding balconies and updating overall exterior aesthetics so residents can take greater pride in their home

✅ Landscaping upgraded with drought-tolerant, environmentally friendly deergrass and foxtail agave plus premium hardscape for a cleaner, more inviting environment

✅ Common areas enhanced with new luxury vinyl plank flooring in hallways and a complete laundry room transformation: replaced old inefficient coin-operated machines with modern app-operated equipment so residents no longer need coins and receive real-time cycle notifications on their laundry status

✅ Former tired concrete area converted into a welcoming resident BBQ and fire-pit lounge

Real estate at its best involves breathing new life into neglected assets through thoughtful, responsible capital improvements — creating better, safer homes today while building long-term value. This is the ongoing lifecycle of quality multifamily communities.

At Corto Realty Group, we deliver end-to-end expertise: sourcing opportunities, executing responsible repositionings that benefit residents, and serving as licensed brokers when the time is right for sale or exchange.

We still have meaningful work ahead, including an exterior electrical lighting package upgrade and a full exterior repaint once balcony reconstructions are complete.

Owners, investors, and professionals across SoCal — we welcome the opportunity to connect and discuss how we might support your properties.

[Ben Shapiro @benshapiro]

It's always fun to see Bernie spout about the evils of oligarchy while preaching that he and his friends should steal private property and then run everything themselves.

[Dan Fleming | Apartment Investing @DanFleming99]

AI doomerism makes its way to Reno.

A city like Reno apparently wouldn’t know a good thing if it knocked on the door and introduced itself.

Hospitality cities need industry diversification.

[Dan Fleming | Apartment Investing @DanFleming99]

@Scott_Wiener Doesn’t Spencer want to build 7,000 homes as quickly as possible?

[Justine Moore @venturetwins]

Me using Claude Opus 4.8 to rename a file

[Dan Fleming | Apartment Investing @DanFleming99]

2 new pedestrian crossways are in the works for Leucadia.

1. Phoebe St
2. Grandview St

Residents east of the tracks = excited
Residents west of the tracks = not

Why…noise

Fences went up a few years ago to block illegal crossing by foot forcing residents east of the tracks to cross at opposite ends of the 1.3 mile stretch.

[Dan Fleming | Apartment Investing @DanFleming99]

Prices are neither good nor evil.

Prices simply dictate whether more or less good/services should be supplied.

[Elon Musk @elonmusk]

Prices are critical information without an economy cannot function

[Dan Fleming | Apartment Investing @DanFleming99]

I’m prompting Claude Sonnet 4.6 for light brainstorming with the intention of using Opus 4.7 for task execution.

How does a Claude product not know another Claude product exists?

[Dan Fleming | Apartment Investing @DanFleming99]

Very interesting for the RE world

[Eric Wu @ericwu01]

Today, I’m launching my newco, NavigateAI. We are short hundreds of thousands of skilled workers and we're on a mission to give every field worker an AI copilot, so they can build faster and better when we need it most. https://t.co/8eOtvosfOn

[Elon Musk @elonmusk]

Wise words

[Dan Fleming | Apartment Investing @DanFleming99]

@LeylaKuni Many accredited investors who write the $50K to $200K checks don’t know how to underwrite a real estate deal. They contribute on track record and trust.

[Dan Fleming | Apartment Investing @DanFleming99]

@BLaw What a dumb tagline. Wealth is being “generated” by lawsuits?

Money’s exchanging hands but what product or service is being produced?

[Dan Fleming | Apartment Investing @DanFleming99]

Are the Zuckerbergs and other Silicon Valley billionaires putting any money behind the opposition to CA Dems and their support of bills like this?

Maybe it was all hallucinations, but I seem to remember headlines about Zuckerberg’s foundation and other tech elite flooding the CA political system with cash in the 2010s.

Is the cash swinging the other way now?

[Dan Fleming | Apartment Investing @DanFleming99]

Special announcement

[Dan Fleming | Apartment Investing @DanFleming99]

@JamesNelsonNYC @AvisonYoung Raising the bar on marketing videos. Well done.

[Dan Fleming | Apartment Investing @DanFleming99]

Envy and hubris…socialists can’t create what others build, so they wield the levers of government like a weapon to take from producers.

They believe the privileged few socialists in government can better allocate resources to increase the standard of living.

Disgusting.

[Defiant L’s @DefiantLs]

Graham Platner on Jeff Bezos: "There’s absolutely no question that if we target the wealth where it has been hoarded for decades and put it into social programs like healthcare, childcare, paying teachers what they are worth"

[Dan Fleming | Apartment Investing @DanFleming99]

@jerrythornton The greatest generation. Straight into my veins.

[Dan Fleming | Apartment Investing @DanFleming99]

“Never sue; the lawyers get a third, the government gets a third, and you get your business destroyed.” - Fred C. Koch

[Dan Fleming | Apartment Investing @DanFleming99]

@SawyerMerritt But does it have self driving?