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You are here: Home » Resources » Articles » Bracing for the Storm: The Importance of Hurricane Resiliency Standards

August 2, 2018

Bracing for the Storm: The Importance of Hurricane Resiliency Standards

By Bob Geiger

STANDARD DAMAGE ASSESSMENT MODEL NEEDED IN CRE

I was recently interviewed in Commercial Property Executive about the growing necessity for a resiliency standard in commercial real estate similar to the probable maximum loss assessment that is used for properties in seismic zones. Among the topics of discussion: how much more are clients asking for and utilizing resiliency to make business decisions; what factors go into creating a new resiliency due diligence standard; and how best to protect properties and prepare for damage from natural disasters.

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