Insight

COVID-19 impact rapid risk assessment: Real estate

Mitigate issues arising from COVID-19 with KPMG’s rapid risk assessment framework for real estate

Shruti Shah

Shruti Shah

Principal, Internal Audit & Enterprise Risk, KPMG US

+1 973-912-6316

The sudden impact of COVID-19 is propelling the need for real estate businesses to mobilize quickly and make decisions for the short term with implications for the long term. Real estate owners, managers, and investors are seeking a way forward that protects property values and operations and yet also demonstrates compassion for tenants likely struggling with unexpected challenges and uncertainty.

Our rapid risk assessment framework is a tool that can help real estate organizations identify, assess, document, and begin risk remediation due to the fallout from COVID-19.