Camber Creek, the venture capital arm of US-based property developer Berman Enterprises, has hired Mitchell Schear as an executive partner.
Prior to joining Camber Creek, Schear spent 15 years as president of Vornado/Charles E. Smith, a division of real estate investment trust Vornado Realty Trust, where he helped manage Vornado’s portfolio in the Washington DC region.
Schear’s role will involve him working alongside general partners Casey Berman, Jake Fingert and Jeffrey Berman to identify real estate technology-focused startups.
Berman, founder and managing partner at Camber Creek, said: “This addition showcases the growing significance of proptech. As technology transforms the real estate industry, Mitchell’s experience will strengthen our reputation as a firm that deeply understands real estate and adds meaningful value to our portfolio companies.”
Camber Creek’s portfolio companies include real estate software developer Measurabl, smart lock producer Latch, lawn maintenance services provider TaskEasy and commercial property appraisal software provider Bowery Valuation.
Photo of Mitchell Schear courtesy of LinkedIn.