MIT Real Estate Innovation Lab (REIL) lead researcher James Scott has been appointed innovator-in-residence of the Institute of Real Estate Management (IREM).

REIL merges MIT’s school of real estate with its technological capabilities to create an innovative real estate tech research platform. Among other projects at REIL, Scott has been responsible for creating a global database of all real estate-oriented technology companies and has identified over 1,800, with that number continuing to rise. His experience with this project further validates the impact of technology on the world of real estate.

In this role, Scott’s goal is to identify innovations that can help IREM members operate their buildings more efficiently, improve their properties’ competitive positioning, and better serve tenants and clients.

“Scott brings to the position both a background in commercial real estate and a passion for technology,” said Greg Cichy, IREM senior vice-president in the press release.

“With his help, our goal is to deliver the tools, services and support our members need to add value to the companies they work for, and the properties they manage.”