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Description

Real estate’s exposure to physical hazards, whether storms, wildfires, cold snaps, or sea level rise, is increasing drastically quarter by quarter. In 2023, it was a record-breaking year for billion-dollar disasters in the U.S. alone, and new records of the wrong kind continue to be set regularly. Without sufficient action, the real estate industry risks rising property damages, insurance premiums, operations costs, business disruption, dropping property value, insurability, marketability, access to capital, and operating income. Conversely, using design and operations strategies that boost an asset’s resilience to physical hazards and reduce disruption is an opportunity to reverse that equation in addition to reducing harms and creating value year-round. Join this session to hear from leaders in real estate, such as CBRE, Mill Creek Residential, and AEC experts on how you can build resilient assets and portfolios that protect occupants and your bottom line alike.

HOW TO USE LIVE TRANSLATION

1. Scan the QR Code below or go to https://attend.wordly.ai/join/WDMD-3043. NOTE: Please use this unique QR code/link for this room and not the previous link you may have used. 
2. Choose language and click attend. 
3. Read captions on your device or use headset for audio. 

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Track: 

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  Energy Efficiency/Environmental Responsibility

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CEU

AIA LU

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Learning Objectives

At the end of this session, participants will be able to:
1. Understand the risks physical hazards pose to their real estate assets and portfolios.
2. Identify how leading real estate companies are assessing physical risk and developing strategies to mitigate it.
3. Understand new tools available to real estate to quickly identify and start to prioritize relevant resilience strategies.
4. Develop a physical risk management plan and communicate it with the team.

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Handouts

• Session Slideshow
• BREEAM Handout