Recent banking news has put a spotlight on risk management strategy and governance. For many companies, black swan events can happen at any time and take any form—and by definition, they are difficult or sometimes impossible to anticipate. Because these events are an unfortunate inevitability, a thorough asset-liability risk management strategy that includes identifying any risks related to your commercial real estate portfolios are imperative to maintaining trust and thriving through periods of market uncertainty.

As we continue to strive for business continuity in an unstable risk environment, its vital to approach risk management with a flexible and dynamic strategy. We’ve identified three steps to evolving and adapting risk management practices to proactively respond and protect your real estate assets when the risk climate changes.