Climate Resilience in Commercial Real Estate: Design & Construction, Litigation, Financing, and Insurance

28 Sep 2023
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Climate Resilience in Commercial Real Estate: Design & Construction, Litigation, Financing, and Insurance

Climate Resilience in Commercial Real Estate: Design & Construction, Litigation, Financing, and Insurance

28 Sep 2023
About the speakers
  • Holly Neber
    Holly Neber
    CEO at AEI Consultants
    Holly Neber is CEO of AEI Consultants, an employee-owned property consulting firm with over 25 offices across the US. AEI Consultants provides building, environmental, land and sustainability assessment and consulting services throughout North America. In addition to her role at AEI, Ms. Neber previously served as President of CREW Network and the National Engineering and Environmental Due Diligence Association (NEEDDA), as a board member of the Real Estate Roundtable, and as an active member of the Commercial Real Estate Finance Council (CREFC) Sustainability Steering Committee, Berkeley Fisher Center for Real Estate Policy Advisory Board (PAB), ASTM International and frequent speaker to organizations such as the Environmental Bankers Association (EBA). Ms. Neber is currently chairing the development of an ASTM standard guide for the process of assessing physical climate risk and other natural hazards for commercial buildings. The assessment process consists of identifying the hazards of concern, evaluating the exposure and vulnerability at the property level, and then providing conceptual resilience measures relative to the identified risks.
  • Jenna Howard
    Jenna Howard
    Senior Vice President at Lockton Companies
    In her role as Senior Vice President at Lockton, Jenna works with organizations to identify, assess, and manage their financial, operational, and reputational risks. Lockton is a $3B family-owned company that provides risk management and people solutions consulting services to clients worldwide. Jenna understands the goals of her clients and leads the Lockton teams in the risk management strategy, insurance program design, risk finance, employee benefit consulting, claims advocacy, and risk control. Her clients include large property owners, real estate developers, general contractors, design professionals, and other complex risks. Within her firm, Jenna was appointed to the Executive Committee for the Northeast Series of Lockton Companies. In this role, she will provide strategic leadership within the business that serves over 1,000 clients and 600 Associates generating revenues of $300M. She serves on three steering committees for Lockton - Women in Leadership, the Diversity Equity & Inclusion Council, and Lockton CARES, the community service arm of Lockton’s culture. Jenna is the 2021-2022 Co-Chair of the Elite Women Producer (EWP) group within Lockton. The mission of EWP is to create deeply connected and engaged Producers committed to growth, accountability, recruiting talent and modeling authentic leadership. After a decade of membership in Commercial Real Estate Women (CREW DC) and four years on the Board of Directors, Jenna stepped into the role of Board President in 2020. This organization’s mission is to advance women in commercial real estate through education, networking, professional development, and mentorship. During her time on the Board of CREW DC, she played a pivot role in the development of the current strategic plan and championed a key objective of that plan on fostering an inclusive environment. In 2021, Jenna led the Diversity, Equity, and Inclusion (DEI) Committee that reviewed bylaws, mission, communication, events planning, and vision to ensure a commitment to anti-racism and elonging across all programs of the organization. Jenna co-authored a book for the American Bar Association titled Construction Insurance: A Guide for Attorneys and Other Professionals. In addition, she regularly hosts webinars on risk management topics and speaks at industry events such as the ABA Construction Forum, Washington Business Journal, CREW Network, Community IT, Environmental Bankers Association, and RIMS.
  • Jessica Mederson
    Jessica Mederson
    Partner at Stafford Rosenbaum LLP
    Jessica Mederson is a partner at Stafford Rosenbaum in Madison, Wisconsin. After practicing for a decade in Texas she moved to Wisconsin, where she litigates business and IP matters in state and federal courts across the United States, focusing her practice on construction disputes, UCC litigation, contract disputes, director/officer and shareholder litigation, employer-side employment litigation, and patent infringement litigation. Jessica also advises corporate clients on contractual negotiation issues and employment law and has extensive experience with both ediscovery issues, including cross-border discovery, and attorney-client privilege issues. Jessica is a member of the Precast Concrete Institute and its Financial/Risk Management Committee. She is also certified for entry into OSHA Permit-Required Confined Spaces. She is also the Immediate Past President of the Western District of Wisconsin Bar Association Board of Directors. She writes and presents nationally on addressing resiliency in construction projects and business operations. She is admitted to practice in Wisconsin, Minnesota, Texas, and Florida as well as a number of federal courts across the Midwest and in Texas.
  • Monika Serrano
    Monika Serrano
    Resilience Program Manager at Turner Construction Company
    Mónika Serrano leads the resilience program at Turner Construction. She has held roles in most phases of the construction process in her 19 years in the industry. Serrano considers climate change one of the biggest threats to humanity and is constantly pushing the bar in the aspects of resiliency, climate adaptation and mitigation. She sits on the Board of Directors for the National Institute of Building Sciences. She is a past USGBC NJ chapter board member and a Climate Reality Project leader. Serrano has presented at various venues on the value of resilience, climate adaptation in the built environment, climate risk, sustainable design, and construction. She constantly collaborates with folks in the design, engineering, construction, risk, insurance, and legal industries as she believes in the power of partnerships to move the needle toward a vital world.

Key takeaways

- Understand the current state of the property insurance market and how that is impacting commercial real estate investment, financing, and development decisions.

- Recognize the potential effects of current natural hazard and future climate risk on future design and construction litigation.

- Learn about the new ASTM Standard for Property Resilience Assessment and how it is being utilized in risk management, due diligence, and in new construction.

- Hear case studies of commercial projects incorporating resilience measures that preserve asset value during natural hazard events.