Assessing a Property for Risk: ASTM Offers New Standard for Climate-Resilient Real Estate Due Diligence

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A new article written by Warren Koshofer is featured in Westlaw Today, in which he explores ASTM International’s new Property Resilience Assessment (E3429-24), a groundbreaking standard that integrates climate risk into real estate due diligence. With extreme weather and natural disasters reshaping markets and asset values, this forward-looking framework helps investors, lenders, developers, and insurers evaluate how properties withstand and recover from hazards. Warren’s piece highlights why PRA is quickly becoming more than best practice; it’s a strategic necessity for future-proofing real estate.

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Warren A. Koshofer

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Environmental Law

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