Every 8-K that STRATUS PPTYS INC (STRS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow STRS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full STRS filings page.
Stratus Properties Inc. is moving forward with its previously approved plan of complete liquidation and dissolution. The Board declared an initial liquidating distribution, in the form of a special cash dividend, of $5.00 per share, payable on July 20, 2026 to stockholders of record as of July 13, 2026.
The Board also unanimously approved voluntarily delisting Stratus’ common stock from Nasdaq and subsequently deregistering it with the SEC to suspend Exchange Act reporting. Stratus expects to file Form 25 on or about July 31, 2026, with delisting effective on or about August 10, 2026, followed by a Form 15 to terminate registration and ongoing reporting.
Stratus Properties Inc. completed the sale of the retail component of its Jones Crossing development, including undeveloped commercial acreage, for $46.5 million in cash. After selling costs and repayment of the related project loan, the transaction generated pre-tax net cash proceeds of approximately $21.7 million.
The retail asset sale is part of Stratus’ stockholder-approved Plan of Liquidation, under which it aims to sell substantially all assets and distribute net proceeds to stockholders. A portion of the proceeds was used to pay the full $24.0 million project loan, reducing debt and increasing equity.
Pro forma as of March 31, 2026, total liabilities decrease from $182.1 million to $147.3 million, while total equity rises from $350.4 million to $374.7 million. For 2025, pro forma net income attributable to common stockholders increases from $11.98 million to $31.99 million, largely reflecting an approximately $20.0 million pre-tax gain on the Jones Crossing – Retail disposition and related lease and interest adjustments. Stratus retains the 21-acre multi-family component of Jones Crossing.
Stratus Properties Inc. entered into amended loan agreements for its 50%-owned Holden Hills, L.P., updating the senior secured construction financing for the Holden Hills Phase 1 project. The modifications extend the loan’s maturity to August 8, 2027 and increase the potential principal by about $9.9 million to a maximum aggregate commitment of the least of roughly $36.0 million, 29.0% of total development costs, or an amount capped at a 30.0% loan-to-value ratio.
The interest rate is set at one-month Term Secured Overnight Financing Rate, with a 0.50% floor, plus 3.00%, subject to a minimum overall rate of 3.50%. As of June 10, 2026, the outstanding principal balance is about $12.6 million with approximately $12.8 million still available for additional advances, supporting ongoing development of residential, amenity and infrastructure improvements in Phase 1.
Stratus Properties Inc. stockholders approved a plan of complete liquidation and dissolution at the 2026 annual meeting held in Austin, Texas. The proposal received 4,905,081 votes for, 5,612 against and 13,432 abstentions, with 1,210,599 broker non-votes, indicating strong support among voting shares.
Stockholders also elected three Class I directors to three-year terms, approved on an advisory basis the compensation of named executive officers and ratified, on an advisory basis, CohnReznick LLP as independent registered public accounting firm for 2026. Of 7,982,723 shares outstanding as of the record date, 6,134,724 were represented in person or by proxy.
Stratus Properties Inc., through its wholly owned subsidiary College Station 1892 Properties, L.L.C., entered into a sale and purchase agreement to sell the retail component of its Jones Crossing project in College Station, Texas to Brixmor Operating Partnership LP for $46.5 million in cash.
The retail assets include 154,092 square feet of existing space anchored by an H-E-B grocery store, two retail pad sites under ground leases, and approximately 22 undeveloped commercial acres with estimated potential for about 104,750 square feet of additional commercial space and up to seven pad sites. Stratus expects the transaction, if completed, to generate estimated pre-tax net cash proceeds of approximately $20.0 million after selling costs and repayment of the project loan.
Closing is targeted for the second or third quarter of 2026, following an inspection period ending on May 29, 2026, and is subject to customary conditions but not to a financing contingency. Purchaser has deposited $465,000 of earnest money with an additional $465,000 due after the inspection period; if Purchaser defaults after the inspection period, the Seller may retain both deposits as liquidated damages. Stratus will retain the 21-acre multi-family component of Jones Crossing and has provided a limited guarantee of certain post-closing obligations.
Stratus Properties Inc. reported sharply improved first-quarter 2026 results and advanced a Board-approved plan of complete liquidation and dissolution. Net income attributable to common stockholders was $6.6 million, or $0.82 per diluted share, compared with a $2.9 million loss, driven largely by a $22.98 million gain on the sale of Kingwood Place.
Revenues were $3.8 million versus $5.0 million a year earlier, reflecting prior sales of income-producing properties, while EBITDA improved to $17.1 million from a loss of $2.3 million. At March 31, 2026, Stratus held $73.5 million of cash and $143.8 million of consolidated debt. In connection with the Plan of Liquidation, the company announced an estimated liquidating distribution range of $29.73 to $37.69 per share, subject to stockholder approval at the June 1, 2026 annual meeting.
Stratus Properties Inc. reported stronger 2025 results and outlined a major strategic shift toward liquidation. Net income attributable to common stockholders rose to $12.0 million, or $1.47 per diluted share, up from $2.0 million, or $0.24, in 2024. Revenue declined to $29.9 million from $54.2 million, but gains on property sales lifted operating income to $10.8 million versus a loss in 2024, and EBITDA increased to $16.6 million from $4.1 million.
The Board unanimously approved a plan of complete liquidation and dissolution, subject to stockholder approval, with an estimated liquidating distribution range of $29.73 to $37.69 per share. At December 31, 2025, Stratus held $74.3 million of cash and cash equivalents, $143.0 million of consolidated debt and no borrowings on its revolving credit facility, with $17.1 million of availability. After-tax Net Asset Value was $310.7 million, or $38.51 per share235,421 shares for $5.2 million at an average price of $22.14, leaving $19.8 million authorized for additional buybacks.
Stratus Properties Inc. announced that its Board has unanimously approved a plan of complete liquidation and dissolution, subject to stockholder approval. The company plans an orderly sale of all or substantially all assets and to distribute net proceeds to stockholders after satisfying liabilities.
Based on current estimates, Stratus projects total liquidating distributions of $29.73 to $37.69 per share, paid in a series of distributions determined by the Board. The company may later delist its common stock from NASDAQ to reduce expenses. The Board cites a multi‑year strategic review and concludes liquidation is the alternative most likely to maximize stockholder value, referencing a 20‑year record of profitable asset sales totaling about $1.30 billion in gross sale price and $507.13 million in pre‑tax gains.
Stratus Properties Inc. announced that its Board has concluded a strategic alternatives review and unanimously determined that pursuing a plan of liquidation and dissolution is in the company’s and stockholders’ best interests. The proposed plan would sell all or substantially all assets and distribute net proceeds to stockholders before the company is dissolved.
The plan remains subject to approval by the Board and stockholders and will require lender and third-party consents. Stratus and its advisors will prepare and file a proxy statement with detailed terms for a stockholder meeting to vote on the plan. Management highlights recent property sales at premium values and a strong cash position as reasons this is an opportune time to realize portfolio value, which includes approximately 1,500 acres of commercial and residential projects in Texas.
Stratus Properties Inc. completed the sale of its Kingwood Place mixed-use project for $60.8 million in cash and extended its secured revolving credit facility with Comerica Bank to a new maturity date of March 27, 2028.
The Kingwood Place disposition generated pre-tax net cash proceeds of about $27.1 million, of which Stratus received roughly $16.2 million after establishing a reserve, while $10.6 million went to noncontrolling interest owners. Pro forma for this sale and the earlier Lantana Place – Retail sale, Stratus’ debt falls from $203.9 million to $141.9 million and total equity rises from $332.1 million to $374.0 million, illustrating significant de-leveraging and realized gains.
Stratus Properties Inc. completed the sale of its Lantana Place – Retail property for $57.5 million in cash, producing pre-tax net cash proceeds of $26.9 million after paying the project loan and selling costs. The property comprised 99,377 square feet of retail space in Austin, including a Moviehouse & Eatery anchor and a ground lease for an AC Hotel by Marriott, while Stratus retains land planned for an approximately 210‑unit multifamily project called The Saint Julia.
Pro forma for the transaction, Stratus uses $29.8 million of proceeds to fully repay the Lantana Place project loan, and records an estimated pre-tax gain of $27.4 million in 2024. On this basis, 2024 net income attributable to common stockholders increases from 1,956 to 21,378 (in thousands), while nine‑month 2025 revenues and costs decline modestly as the sold property’s operations are removed.
Stratus Properties Inc. furnished an update on its business by issuing a press release with its third-quarter and nine-month 2025 results. The press release, dated November 12, 2025, is attached as Exhibit 99.1 to this current report on Form 8-K and contains the detailed financial figures and discussion. The company notes that this information is being treated as furnished rather than filed under the securities laws, which limits how it is incorporated into other regulatory documents.
Stratus Properties Inc. (STRS) entered into a binding Agreement of Sale and Purchase to sell the retail component of Lantana Place for approximately $57.4 million. The agreement became binding on October 17, 2025, after the parties agreed to the final form of a Development Agreement, with closing expected in the fourth quarter of 2025. Stratus expects to use sale proceeds to repay a project loan with an approximately $29.8 million principal balance as of September 30, 2025.
Lantana Place – Retail comprises 99,377 square feet, including anchor tenant Moviehouse & Eatery and a ground lease for an AC Hotel by Marriott. Stratus will retain the site for an approximately 210‑unit multifamily project, The Saint Julia, and entitlements for 160,000 square feet of additional commercial use. Purchaser deposited $250,000 in nonrefundable earnest money (except for a material seller default); if purchaser defaults, seller retains it as liquidated damages. The closing is not subject to a financing condition, and the Development Agreement will govern future development rights related to The Saint Julia, subject to the purchaser’s lender consent.
Stratus Properties amended financing for its The Saint June project, securing a $1.5M loan that carries interest at the one-month Term Secured Overnight Financing Rate plus 2.00% with a 3.50% floor and monthly interest payments; principal is due at maturity. After closing costs, proceeds will fund Partnership expense reserves and cash distributions to partners. The loan is secured by The Saint June and was fully guaranteed by Stratus, but the guaranty converts to a 50% repayment guaranty upon construction completion and remains in effect during the loan; Stratus retains customary carve-out and environmental indemnity obligations. Partners amended the limited partnership agreement to permit up to $3.0M of distributions between September 1, 2025 and September 30, 2027 before repayment of existing operating loans.
Stratus Properties Inc. furnished a Current Report on Form 8-K dated August 12, 2025, attaching a press release titled "Stratus Properties Inc. Reports Second-Quarter and Six-Month 2025 Results". The report identifies the company as a Delaware corporation, lists its principal executive office in Austin, Texas, and shows its common stock trading as STRS on The NASDAQ Stock Market. The Form 8-K furnishes Exhibit 99.1 (the press release) and Exhibit 104 (the cover page in Inline XBRL).
The filing expressly states the information in Item 2.02 is "furnished" and not "filed", saying it shall not be deemed filed for purposes of Section 18 of the Exchange Act or incorporated by reference in other filings. The report is signed by Erin D. Pickens, Senior Vice President and Chief Financial Officer, as the authorized signatory.
Stratus Properties Inc. (NASDAQ: STRS) filed a Form 8-K to disclose two material events: (1) formation of the Holden Hills Phase 2 limited partnership and (2) a substantial increase in its share-repurchase authorization.
Holden Hills Phase 2 partnership. On 13 June 2025, subsidiaries of Stratus (as General Partner and Class A Limited Partner) and an unrelated investor (Class B Limited Partner) executed the Phase 2 Partnership Agreement covering a 570-acre mixed-use project adjacent to the company’s 495-acre Phase 1 residential development. Key economics are:
- Class A contributed land and related infrastructure valued at $95.7 million (land $86.9 m; prior infrastructure investment $8.8 m).
- Class B contributed $47.9 million in cash; the same amount was immediately distributed to Class A, providing Stratus with cash proceeds while maintaining a 50 % equity stake in the venture.
- Both partners must fund future “mandatory” costs and any capital calls approved by all partners; Stratus has guaranteed its subsidiaries’ future capital obligations.
- A separate revolving credit facility is being arranged for Phase 2; pending that facility, Comerica Bank released the Phase 2 property from Stratus’ corporate revolver collateral, reducing the borrowing base from $54.1 m to $23.3 m.
- Management fees to Stratus’ GP entity are set at $39,875 per month for the first year plus 4 % of specified hard costs.
- Standard governance provisions require unanimous consent for major decisions, and a buy-sell clause allows either partner to trigger a buyout at any time.
Phase 1 alignment. The Phase 1 partnership agreement was amended the same day to mirror key economic and governance terms, notably the buy-sell mechanism, thereby harmonising the two phases of the larger Holden Hills development.
Expanded share-repurchase program. The Board raised the existing authorization from $5 million to $25 million. As of 20 June 2025, $2 million had been used, leaving $23 million available. Comerica Bank waived the customary $1 million cap contained in existing debt covenants to permit the program.
No earnings figures were released; the filing focuses on capital structure, liquidity, and project governance. Copies of the partnership agreements will be included in the forthcoming Q2 2025 Form 10-Q.