Time to Batten Down the Hatches: How Financial Institutions are Thinking about Investing in Coastal Property
American Shoreline Podcast Network - Podcast tekijän mukaan The American Shoreline Podcast Network
On this episode, hosts Peter Ravella and Tyler Buckingham speak with Kevin Augustyn about the changing dynamics of commercial property risk evaluation in a time of sea level rise and climate change. Kevin is the Senior Vice President of Credit Ratings at DBRS Morningstar and recently a co-authored a new report, As Seas Rise, Coastal Commercial Properties Will Need to Batten Down the Hatches, seeking to broadly summarize the growing risks assumed by commercial properties in the coastal zone. DBRS Morningstar is a credit rating agency and investment research firm headquartered in Chicago, Illinois. In his role at DBRS Morningstar, Mr. Augustyn covers several esoteric finance instruments and leads Morningstar’s effort to provide credit ratings for CPACE (Commercial Property Assessed Clean Energy) loans on a national basis. He also serves on the firm’s ESG methodology subcommittee.
