Welcome to our dedicated page for Stratus Prop news (Ticker: STRS), a resource for investors and traders seeking the latest updates and insights on Stratus Prop stock.
Stratus Properties Inc (NASDAQ: STRS) is a residential and retail focused real estate company active in the Austin, Texas area and other select Texas markets. News about Stratus often centers on its entitlement, development, leasing and sale of multi-family, single-family and retail or mixed-use properties, as well as its financing and capital allocation decisions.
Investors following STRS news can expect regular updates on project milestones and transactions. Recent announcements have covered sales of stabilized retail assets such as West Killeen Market and Lantana Place – Retail, agreements to sell properties like Kingwood Place, and the impact of these transactions on cash balances and project-level debt. The company also reports on progress at residential and multi-family developments, including The Saint June, The Saint George, Amarra Villas and the large-scale Holden Hills projects in the Barton Creek community.
Stratus’ news flow also includes information on refinancing activities for properties such as Kingwood Place, Lantana Place and Jones Crossing, changes to its revolving credit facility, and the formation of partnerships like the Holden Hills Phase 2 partnership with a third-party equity investor. In addition, the company has disclosed Board-authorized share repurchase programs and, more recently, the initiation of a process to explore strategic alternatives, including a potential sale of Stratus, a plan of dissolution and liquidation, further share repurchases and other strategic or financial transactions.
This STRS news page on Stock Titan aggregates company press releases and related coverage so readers can monitor asset sales, development progress, financing actions and Board-level decisions that shape Stratus’ Texas-focused real estate portfolio over time.
Stratus Properties (NASDAQ: STRS) said its Board has launched a review of strategic alternatives to maximize shareholder value, including a potential sale, dissolution, further buybacks or other transactions. Stratus entered into an agreement to sell Kingwood Place for $60.8 million, a H-E-B-anchored mixed-use project in Kingwood, Texas; Stratus owns ~60% through a limited partnership. The sale could yield estimated pre-tax net cash proceeds of approximately $26 million after selling costs and the project loan, and is expected to close in Q1 2026 subject to inspection and closing conditions.
The Board has not set a timetable or made decisions; Eastdil Secured and law firms are advising.
Stratus Properties (NASDAQ: STRS) completed the sale of its 100% owned Lantana Place - Retail for $57.5 million in cash on November 20, 2025. The transaction produced approximately $26.9 million in pre-tax net cash proceeds after selling costs and repayment of the project loan. The sales price exceeded the gross value used in Stratus’ December 31, 2024 net asset value calculation. Stratus will retain the parcel planned for The Saint Julia (~210-unit multifamily) and remaining entitlements for 160,000 sq ft of commercial use on five acres in Lantana.
The company said the sale allowed full repayment of the project loan and strengthened its financial position while unlocking portfolio value.
Stratus Properties (NASDAQ: STRS) reported third-quarter and nine-month 2025 results showing weaker operating performance but strengthened liquidity. Q3 2025 net loss attributable to common stockholders was $(5.0) million, or $(0.62) per diluted share; nine-month 2025 net loss was $(7.6) million, or $(0.94) per diluted share.
Total revenues were $5.0 million in Q3 2025 and $21.6 million for nine months; declines were driven by fewer real estate sales versus 2024. Cash and equivalents were $55.0 million at September 30, 2025, and Stratus entered into an agreement to sell Lantana Place – Retail for ~ $57.4 million, expected to close Q4 2025.
Stratus Properties (NASDAQ: STRS) reported Q2 2025 results with net income of $0.3 million ($0.03/share), compared to a net loss of $(1.7) million in Q2 2024. Revenues increased to $11.6 million from $8.5 million year-over-year.
Key developments include: formation of a joint venture for Holden Hills Phase 2 development yielding $47.8 million cash distribution, sale of West Killeen Market retail project for $13.3 million generating a $5.0 million pre-tax gain, and completion of The Saint George multi-family project. The company held $59.4 million in cash with no revolving credit facility draws as of June 30, 2025.
The Board increased the share repurchase program from $5.0 million to $25.0 million, with $22.0 million remaining available after purchasing 135,620 shares at an average price of $22.13.
Stratus Properties (NASDAQ: STRS) has completed the sale of its West Killeen Market retail property for $13.3 million, generating pre-tax net cash proceeds of $7.8 million after expenses and repayment of a $5.2 million project loan. The sales price represents a premium to the property's gross value from December 2024. The H-E-B shadow-anchored retail project, located near Fort Cavazos in Killeen, Texas, consists of 44,493 square feet of commercial space. The development began in 2015 when Stratus acquired 21 acres and sold 11 acres to H-E-B for a 90,000 square-foot grocery store. Construction was completed in 2017, and three pad sites were sold between 2020 and 2022.
Stratus Properties (NASDAQ: STRS) reported a net loss of $(2.9) million, or $(0.36) per diluted share, in Q1 2025, compared to net income of $4.6 million in Q1 2024. Revenues decreased to $5.0 million from $26.5 million year-over-year, primarily due to no property sales in Q1 2025 compared to significant land and home sales in Q1 2024.
The company had $12.0 million in cash and $34.5 million available under its revolving credit facility. Key developments include: the opening of The Saint George units in April 2025, advancing construction of Amarra Villas homes and Holden Hills Phase 1, and a contract to sell West Killeen Market for $13.3 million. Stratus also refinanced project loans at lower interest rates, generating $4.2 million in additional cash proceeds.
The company continues to execute its strategy in the Austin, Texas area, focusing on residential and retail real estate development while maintaining a portfolio of approximately 1,500 acres for future development.Stratus Properties (NASDAQ: STRS) reported strong financial results for 2024, with net income of $2.0 million ($0.24 per diluted share), compared to a net loss of $14.8 million in 2023. Revenues surged to $54.2 million from $17.3 million, primarily driven by property sales including five Amarra Villas homes ($18.9 million), Magnolia Place land ($14.5 million), and increased leasing revenue from The Saint June.
The company maintained a solid financial position with $20.2 million in cash and $39.0 million available under its revolving credit facility. Through March 2025, STRS has repurchased 83,380 shares at an average price of $23.98 per share, with $3.0 million remaining in the buyback program.
Key developments include the successful lease-up of The Saint June, a 182-unit luxury project, and ongoing construction of Holden Hills Phase 1 and The Saint George, expected to complete in H1 2025. The company also refinanced several project loans, securing lower interest rates and generating additional cash proceeds of $7.7 million.
Stratus Properties (NASDAQ: STRS) has successfully completed a $24.0 million non-recourse loan refinancing for its retail property at Jones Crossing, a H-E-B anchored mixed-use project in College Station, Texas. The new loan, maturing April 1, 2028, features a lower interest rate than the previous loan and generated approximately $1.2 million in net cash proceeds.
This refinancing follows similar recent transactions at Kingwood Place and Lantana Place, aligning with Stratus' strategy to capitalize on lower interest rates while extending debt maturities. The company aims to retain these cash-flowing properties until real estate market conditions improve.
Stratus primarily focuses on real estate development and management in Austin and select Texas markets, with a portfolio including approximately 1,600 acres of commercial and residential projects. Their revenue streams come from property sales, leasing of retail, mixed-use and multi-family properties, and development and asset management fees.
Stratus Properties (NASDAQ: STRS) has successfully completed a $29.8 million refinancing for its Lantana Place retail property in Austin, Texas. The new loan, maturing February 1, 2029, replaces the existing construction loan and features a lower interest rate with interest-only payments for the first year.
The refinancing of the 99,377-square-foot retail property has resulted in approximately $3.0 million in distributions to Stratus. The company maintains full ownership of Lantana Place, which is part of a larger mixed-use development project located south of Barton Creek.
Stratus' portfolio includes approximately 1,600 acres of commercial and residential projects under development or undeveloped land. The company generates revenue through property sales, leasing of retail, mixed-use and multi-family properties, and development and asset management fees.
Stratus Properties (NASDAQ: STRS) has secured a $33.0 million non-recourse loan to refinance the construction loan for Kingwood Place, an H-E-B-anchored retail project in Kingwood, Texas. The company owns approximately 60% of the property through a partnership. The new loan, maturing December 1, 2027, features a tighter interest rate spread than the previous loan and is expected to generate payments and distributions of about $2.0 million to Stratus. The refinancing follows successful construction and substantial lease-up of the retail space, including the H-E-B grocery store.
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