KLNB Welcomes Industry Veteran Justin Shay to Multifamily Capital Markets Team
KLNB has announced the addition of Justin Shay as Senior Vice President within the firm’s multifamily capital markets team. With over 20 years of experience in multifamily investment sales throughout the Mid-Atlantic region, Shay joins KLNB from Transwestern.
In his new role, Shay will focus on expanding KLNB’s multifamily investment sales platform throughout the Washington, D.C. metro area and surrounding markets. He brings a well-established network and a strong record of success in the sector, which will help enhance the company’s presence, particularly in Northern Virginia and Washington, D.C., while complementing its strong foothold in Maryland.
Over the course of his career, Shay has been involved in the sale of over 55,000 apartment units, representing more than $6.5 billion in transaction volume. During his tenure at Transwestern, he served as a Senior Vice President, advising a diverse group of clients including REITs, pension funds, family offices, and legacy investors in the disposition of multifamily assets.
His appointment underscores KLNB’s continued commitment to strengthening its capital markets capabilities and delivering exceptional service to clients across the region.


