Ms. Holly Neber

While many real estate firms are reporting the physical climate risks within their portfolios to institutional investors and other stakeholders, fewer are taking action at the property level and during individual deal-level decisions. This session explores how leading real estate owners and investors are taking the next step: embedding climate resilience into capital planning and asset management for owned assets and during investment due diligence and underwriting for capital providers. This session will also explore how climate risk assessments and resilience investments connect to property insurance strategies, generating potential ROI. 

The panelists from AvalonBay Communities and Park Hotels & Resorts will share real-world examples and case studies of ASTM Property Resilience Assessments (PRAs) being used for decision-making for site-specific retrofit designs, as well as integrating resilience strategies into capital planning and asset management processes. In addition, we’ll discuss how Harrison Street, a global private equity manager, has built a scalable framework for integrating climate risk into deal diligence, underwriting, portfolio monitoring, and insurance strategy. 

The panelists’ perspectives include unique insights from a variety of property types including hospitality, multifamily, student and senior housing, and data center. They will share success stories, innovations, and lessons learned in aligning resiliency with investment decisions, as well as decision frameworks, implementation challenges, and practical insights for developers, investors, and public-private collaborators. Attendees will leave with practical insights on how to embed climate risk management into their own organizations, how investment committee memos are changing to capture physical risk and insurability considerations, and how PRAs are informing CapEx decisions and shaping long-term asset strategies as a driver of asset value, risk mitigation, defensive positioning, and operational continuity.