Tag: Risk Management

The Decade Ahead: Aging Buildings. Higher Water Risk.

Across the U.S., a persistent housing shortage is colliding with an aging building stock. New construction continues, but not fast enough to offset demand. As a result, existing residential, multifamily, and mixed-use properties are being pushed harder, occupied longer, and maintained later than originally intended.

Water risk is emerging as one of the most consequential, and least visible, challenges in this environment.