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How One Long Drive Transformed My Real Estate Career Forever
In the competitive arena of commercial real estate (CRE), opportunities can appear when you least expect them. For many investors and young professionals, the journey to success is often filled with unexpected turns. This is a story about one such moment—a phone call that set off a life-changing experience, triggered by a simple phrase: “I’m about to list with your competitor.” When I heard those words, my heart raced. After years of trying to connect with this apartment owne
Oct 28, 20253 min read


Virginia Isn't Just Playing To Win...It IS Winning
There's an undeniable energy buzzing across Virginia, and as I travel through this vibrant state brokering multifamily properties, I'm filled with excitement about what lies ahead. Virginia is not only making waves but is also establishing itself as a hub of economic development. In this post, I will highlight specific examples of the remarkable growth happening across the state, showcasing why Virginia is not just playing to win but is truly winning. Google’s $9B Commitment
Oct 27, 20254 min read


Small Deal, Strong Yield: What Cape View Avenue Says About Norfolk's Multifamily Market
The Uzun Group at Marcus & Millichap closed the sale of a 6-unit multifamily property at 9619 Cape View Avenue in Norfolk, VA for $660,000 at a 6.68% cap rate in September 2025.
Sep 16, 20251 min read


How a 66-Unit Norfolk Portfolio Sold Over List Price in Three Weeks
The Uzun Group at Marcus & Millichap closed the sale of Bayview & Meadowbrook Terrace Apartments, a 66-unit multifamily portfolio in Norfolk, VA, for $5,500,000 at a 5.27% cap rate — secured within three weeks of the first tour and backed by a day-one hard money deposit.
Aug 27, 20252 min read


No Renegotiation, No Surprises: The Olde Towne Portfolio Closes Over Asking
Some deals are defined by how smoothly they close — and the Olde Towne Portfolio is a prime example. The Uzun Group at Marcus & Millichap announced the successful closing of the Olde Towne Portfolio, a 61-unit multifamily property in the heart of Portsmouth, VA, which sold for $4,400,500. The sale followed a genuinely competitive bidding process, with multiple offers coming in within the first week of marketing — a strong signal of the demand for well-positioned multifamily p
Aug 13, 20251 min read


18-Unit Alexander Street Property Sells for $1.48 Million in Norfolk
The Uzun Group at Marcus & Millichap closed the sale of an 18-unit multifamily property at 6255 Alexander Street in Norfolk, VA for $1,480,000, or $82,222 per unit.
Mar 5, 20251 min read


Bay Street Estates Closes at a 7.65% Cap Rate in Berlin, MD
A 7.65% cap rate on a $7.8 million transaction is the kind of number that gets investors' attention — and it's exactly what the Uzun Group at Marcus & Millichap delivered on the closing of Bay Street Estates, a 57-unit multifamily property in Berlin, MD. The property sold for $7,800,000, reflecting a price per unit of $139,286. That return profile made Bay Street Estates a standout opportunity in a market where cap rates north of 7% are increasingly hard to find, particularly
Mar 23, 20241 min read


Why Effingham Green Sold Over Asking in a 17-Unit Portsmouth Deal
Multiple offers. A sale price above ask. A 6.75% cap rate on a 17-unit asset. Every marker of a well-run deal shows up in the Uzun Group's closing of Effingham Green, a multifamily property in Portsmouth, VA that traded for $2,400,000, or $141,176 per unit. Selling over asking price doesn't happen by accident. It's the result of pricing a property accurately from the start, then running a marketing process tight enough to generate real competition among buyers. That's exactly
Mar 18, 20241 min read
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