05/02/2024
11 am PT / 12 pm MT / 1 pm CT / 2 pm ET
*approximate length: 45 minutes to 1 hour
Presenter: James Scott, Lead Researcher, MITS Real Estate Innovation Lab
For a number of years commercial real estate has heard about how the transformative potential of 5G technology will impact property management. This technology will ultimately allow for higher-tech home tours using such concepts as augmented reality, develop smarter smart homes, and provide for better-connected remote offices. But what is the reality of 5G technology and how is the property management industry really benefiting from this technology? Please join James Scott, research scientist, lecturer, and Director of the MIT CRE Real Estate Transformation Lab, who will present on what the industry has seen from 5G up to now and how is it impacting the property management ecosystem.
Learning Objectives:
- Learn exactly what 5G is and how it is impacting real estate
- Understand how property managers can deploy 5G technologies more effectively
- Begin to uncover the challenges and opportunities of implementing high-capacity connectivity within buildings
James Scott, who is working with IREM as Technology Innovator-in-Residence, is Lead Researcher for the MIT Real Estate Innovation Lab (REIL). 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. As Innovator-in-Residence at IREM, 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.