For CRE investors acquiring properties on the west coast, a seismic risk assessment is standard practice. In seismic zones three or four, the question is not whether a significant seismic event will occur, but when it will occur—so a clear understanding of your potential losses in such an event becomes a critical part of due diligence. However, due to industry wide inconsistencies in assessing and calculating earthquake risk, understanding your potential losses can be a tricky and sometimes costly undertaking.
Attempting to solve the PML inconsistency problem and further industry adoption of modern methods, a not-for-profit organization called the U.S. Resiliency Council (USRC) was formed in 2016 (among other things) with the goal of establishing consistency and transparency in seismic risk assessment rating systems and the PML process.
To read the entire article about seismic risk assessments and the implementation of the US Resiliency Council standard, click here.

June 22, 2026
Partner has named Frederick Ellington, AIA, LEED AP, as Technical Director in its Construction Services division. With 30+ years of experience, he strengthens the firm's construction risk management, due diligence, and project advisory capabilities for commercial real estate clients.

May 27, 2026
Capital planning in commercial real estate has entered a new phase. In addition to traditional lifecycle replacements, managers now face a growing set of capital needs driven by energy ordinances, decarbonization goals, and climate risk. These drivers are no longer peripheral considerations; they are central to how capital plans are developed, prioritized, and executed.

June 05, 2026
Partner Property Consultants, the European subsidiary of Partner Engineering & Science, Inc. (Partner ESI), announces that Antoine Yeprem joined the company in June 2026 as Senior Consultant, Real Estate Due Diligence, in Germany.




