Our History

The principals of Bear Companies bring decades of combined expertise in real estate development, investment, and management, creating a legacy of excellence across multiple market cycles. With over $3 billion in real estate assets developed—including 15,000 single and multifamily home sites across 30 master-planned communities—our team’s experience spans a diverse portfolio. From residential neighborhoods and office parks to mixed-use developments, retail centers, marinas, hospitality assets, and golf courses, we have built vibrant and enduring spaces to live, work, and play.

Committed to innovation and operational excellence, Bear Companies consistently delivers projects that stand the test of time. Whether through developing legacy communities or managing large-scale portfolios, our focus remains on driving value, creating opportunity, and fostering vibrant communities for generations to come.

Leadership Team

Ted Stone, III

Ted Stone is a principal of Bear Companies and is responsible for managing and strategically planning the firm’s business activities. Stone’s family began developing residential subdivisions and single-family homes in 1955. Stone grew up active in the family’s development business and continued his pursuit of commercial real estate experience at SMU before entering the industry full-time.

Across several platforms and multiple cycles, Stone has become an accomplished and seasoned commercial real estate executive. He has been involved in the industry since his teens and has acquired, developed, or capitalized more than 5M square feet of commercial space and over 4,000 acres of land.

Baron Saterbak, CAPS, CAM

Baron Saterbak is a seasoned real estate professional with over two decades of experience in multifamily investment, asset management, and property operations. From pulling quarters out of laundry machines as a teenager to becoming a key player in the acquisition, repositioning, and sale of multifamily properties, Baron has built a career rooted in hands-on expertise and strategic vision.

As the author of, My 24-Year Multifamily Journey, Baron shares invaluable insights into navigating market cycles, operational efficiencies, and maximizing returns. His work reflects a deep commitment to operational integrity, tenant satisfaction, and delivering measurable value to investors.