NIMBYism flares in apartment sector, trimming units and raising costs

Kristi Nootens, vice president of investment management at CP Capital, a real estate investment manager specializing in multifamily, reports anti-apartment NIMBYism in high-growth U.S. markets is posing a significant construction barrier for investors and developers, and making it difficult to get projects off the ground. She explains the challenge. (10/2022)