Real Estate Environment Climate Risks

$92.9 billion

In 2023, there were 28 different extreme weather and climate disaster events in the U.S. costing at least a billion dollars, with damages totaling over $92.9 billion.

8.7% annual growth rate

The average monthly cost of insurance for a commercial building in the United States could increase at an 8.7% compound annual growth rate by 2030, as projected by the Deloitte Center for Financial Services.

only 38% covered

Only 38% of global economic losses caused by natural catastrophes were covered by insurance, according to Swiss RE.

AreaHub Enterprise

Climate Risk Monitoring for Commercial Real Estate & Asset Management

Intensifying extreme weather and increasing environmental issues impact properties across the U.S., creating challenges for the real estate environment. These factors contribute to costly damages and operational disruptions for industries like real estate, asset management, and property management. Effective climate risk monitoring is crucial for staying ahead of environmental risk.

Real estate and asset managers are also struggling with higher insurance premiums and reduced coverage. According to a Swiss RE report, only 38% of 2023’s natural catastrophe losses globally were covered by insurance - forcing many property owners to bear a substantial percentage of the burden of these losses.

With AreaHub’s cutting-edge patented technology and timely notifications, real estate owners, operators, and asset managers can quantify climate or physical risks, protect investments, understand the climate-related factors that often affect their property values, and learn general mitigation strategies. Our climate and environmental risk reports are powered by scientifically-validated data sources, robust methodologies, and strong processes and controls designed to provide trustworthy insights.

Use Cases

Due Diligence

Evaluate properties for potential environmental risks that often affect property values and operations before acquiring a new property or rebalancing your portfolio.

Material Risk Monitoring & Management

Receive timely updates and notifications through climate risk monitoring of major changes that may impact your portfolio to proactively manage risks and to be alerted to occurrences that could affect the wellbeing of those in the buildings.

Adaptation & Resilience

Granular climate and environmental risk data can guide mitigation strategies tailored to your real estate environment, hardening your assets and building resilience across your existing portfolio. Curious how extreme weather affects property resilience? See the Extreme Weather and Operational Continuity example below to learn how AreaHub helps protect assets from climate risks.

Reporting & Sustainability

Underpin and inform your environmental risk assessments with stakeholders and leverage data to support new sustainability initiatives.

Regulatory Compliance

As climate-related regulatory requirements become more robust, access asset-level and portfolio-level physical and transitional risk insights that can clearly and credibly inform you about what you may need to disclose.

[AreaHub] enabled us to evaluate over 35 local climate risks, industrial hazards, and pollution and infrastructure risks surrounding our locations and potential acquisitions. Additionally, it kept us informed with real-time alerts on weather warnings and pollution incidents,...

A major US commercial real estate firm whose portfolio includes more than 5 million square feet of commercial real estate

Why AreaHub?

AreaHub helps real estate and asset managers navigate the complexities of today’s real estate environment by providing comprehensive climate and environmental risk profiles for any area or address in the U.S.

Extensive Risk Assessments
Access a centralized repository of uniquely extensive risk insights across 35+ topics that may impact finances, operations, and health or safety.
Portfolio Monitoring & Notifications
Monitor area-specific or portfolio-level climate risk analytics and stay apprised of unfolding situations that may require mitigative actions for proactive risk management.
Customized Dashboard
Navigate risk with user-friendly interactive maps, access to specific hazard details, risk scoring, trend visualizations, and other proprietary features.
Specialized Reports
Leverage specialized reports such as deeper dives into flood risks, or a portfolio-level synthesis of climate physical risk exposure, among others.
Mitigation Information
Learn more about the likely property, financial, and operational implications of your risk exposures, and get a starting point to inform mitigation plans to prepare for extreme weather risks.

AreaHub's Enterprise Dashboard laptop mockup with an insurance icon

Extreme Weather and Operational Continuity

How does extreme weather impact real estate and asset management?

Extreme weather events, which have become more frequent and intense, pose significant risks to commercial properties and real estate portfolios. Flooding, hurricanes, heat waves, and severe winter storms threaten physical structures and lead to increased insurance premiums, operational disruptions, and asset devaluation. These challenges necessitate proactive climate risk monitoring and adaptation strategies.

Key Risks

Physical Damage

Hurricanes, floods, and other extreme weather events can damage buildings, disrupt infrastructure, and shut down transportation routes.

Increased Insurance Costs

The rising frequency of extreme weather leads to higher insurance premiums and more limited coverage options, putting additional financial pressure on asset owners.

Operational Disruptions

Power outages, damaged infrastructure, and impassable roads can disrupt operations, decrease occupancy rates, and lower asset value.

In 2023, extreme weather events caused over $92.9 billion of damage across the U.S., with only some of these economic losses covered by insurance.

NOAA. Billion-Dollar Weather and Climate Disasters. NOAA.

Hurricane Helene alone in 2024 damaged over 6,000 miles of roads and more than 1,000 bridges and culverts, highlighting the widespread infrastructure vulnerabilities that can disrupt property access and owner or tenant operations.

NC OSBM. Article Hurricane Helene Recovery. NC OSBM.

How AreaHub Can Help

AreaHub Enterprise equips real estate and asset managers with climate intelligence tools that include extensive area assessments and notifications about extreme weather risks near key property locations. This data-driven approach helps real estate professionals to anticipate potential disruptions, make informed decisions about risk mitigation, and protect their portfolios from escalating climate impacts.

Ready to protect your assets?

Request a Demo to see how AreaHub's climate intelligence tools can enhance your portfolio management and resilience strategy.

$92.9 billion

In 2023, there were 28 different extreme weather and climate disaster events in the U.S. costing at least a billion dollars, with damages totaling over $92.9 billion.

8.7% annual growth rate

only 38% covered

Only 38% of global economic losses caused by natural catastrophes were covered by insurance, according to Swiss RE.

AreaHub Enterprise

Climate Risk Monitoring for Commercial Real Estate & Asset Management

Use Cases

Due Diligence

Evaluate properties for potential environmental risks that often affect property values and operations before acquiring a new property or rebalancing your portfolio.

Material Risk Monitoring & Management

Adaptation & Resilience

Reporting & Sustainability

Underpin and inform your environmental risk assessments with stakeholders and leverage data to support new sustainability initiatives.

Regulatory Compliance

A major US commercial real estate firm whose portfolio includes more than 5 million square feet of commercial real estate

Why AreaHub?

Extensive Risk Assessments
Access a centralized repository of uniquely extensive risk insights across 35+ topics that may impact finances, operations, and health or safety.
Portfolio Monitoring & Notifications
Monitor area-specific or portfolio-level climate risk analytics and stay apprised of unfolding situations that may require mitigative actions for proactive risk management.
Customized Dashboard
Navigate risk with user-friendly interactive maps, access to specific hazard details, risk scoring, trend visualizations, and other proprietary features.
Specialized Reports
Leverage specialized reports such as deeper dives into flood risks, or a portfolio-level synthesis of climate physical risk exposure, among others.
Mitigation Information
Learn more about the likely property, financial, and operational implications of your risk exposures, and get a starting point to inform mitigation plans to prepare for extreme weather risks.

Extreme Weather and Operational Continuity

How does extreme weather impact real estate and asset management?

Key Risks

Physical Damage

Hurricanes, floods, and other extreme weather events can damage buildings, disrupt infrastructure, and shut down transportation routes.

Increased Insurance Costs

The rising frequency of extreme weather leads to higher insurance premiums and more limited coverage options, putting additional financial pressure on asset owners.

Operational Disruptions

Power outages, damaged infrastructure, and impassable roads can disrupt operations, decrease occupancy rates, and lower asset value.

In 2023, extreme weather events caused over $92.9 billion of damage across the U.S., with only some of these economic losses covered by insurance.

NOAA. Billion-Dollar Weather and Climate Disasters. NOAA.

NC OSBM. Article Hurricane Helene Recovery. NC OSBM.

How AreaHub Can Help

Ready to protect your assets?

Request a Demo to see how AreaHub's climate intelligence tools can enhance your portfolio management and resilience strategy.

AreaHub Enterprise | Sectors | Commercial Real Estate & Asset Management

Identify risks, minimize losses, and protect investments across your real estate environment with clear and extensive climate and environmental risk intelligence.

AreaHub Enterprise

Climate Risk Monitoring for Commercial Real Estate & Asset Management

Use Cases

Why AreaHub?

Extreme Weather and Operational Continuity

How does extreme weather impact real estate and asset management?

Key Risks

Physical Damage

Increased Insurance Costs

Operational Disruptions

How AreaHub Can Help

Ready to protect your assets?

Want to learn more?

Extreme Weather is Considered the Biggest Risk for Businesses

Improve Your Portfolio Management and Acquisition Due Diligence with Risk Analytics

AreaHub Enterprise | Sectors | Commercial Real Estate & Asset Management

Identify risks, minimize losses, and protect investments across your real estate environment with clear and extensive climate and environmental risk intelligence.

AreaHub Enterprise

Climate Risk Monitoring for Commercial Real Estate & Asset Management

Use Cases

Why AreaHub?

Extreme Weather and Operational Continuity

How does extreme weather impact real estate and asset management?

Key Risks

Physical Damage

Increased Insurance Costs

Operational Disruptions

How AreaHub Can Help

Ready to protect your assets?

Want to learn more?

Extreme Weather is Considered the Biggest Risk for Businesses

Improve Your Portfolio Management and Acquisition Due Diligence with Risk Analytics