A New Standard For Property Resilience
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A New Standard For Property Resilience
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Mónika Serrano and Jessica Mederson talk to Holly Neber, CEO of AEI Consultants, and chair of the development of the recently approved ASTM International Standard Guide for the assessment of physical climate risk and resilience for commercial properties known as the Property Resilience Assessment (PRA). We talk about the development of this new resilience standard, Holly's work as an emissary from commercial real estate finance to the resilience/adaptation community, and the processes of identifying and managing risk during purchase, development or financing of a commercial real estate asset.
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