{"schema_version":"secwatch.filing_event.v1","accession":"0000885508-24-000065","form_type":"8-K","ticker":"STRS","cik":"0000885508","company_name":"STRATUS PROPERTIES INC","filed_at":"2024-10-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.261291+00:00","generated_at":"2026-05-30T15:07:04.706140+00:00","sec_items":["1.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Stratus Properties subsidiary amends $32.3M construction loan for The Saint June, extends maturity to Oct 2025","bullets":["Loan commitment increased by $2M to $32.3M; maturity extended to Oct 2, 2025.","Interest rate margin reduced from 2.85% to 2.35% (floating SOFR + 2.35%, floor 3.50%).","Exit fee of 1.0% on prepayments and repayments; monthly P&I ~$40,000.","Stratus guarantees loan; borrower is 34.13%-owned subsidiary The Saint June, L.P.","Proceeds used for operating reserves and repayment of partnership operating loans."],"urls":{"canonical":"https://secwatch.observer/filing/0000885508-24-000065","json":"https://secwatch.observer/filing/0000885508-24-000065.json","markdown":"https://secwatch.observer/filing/0000885508-24-000065.md","text":"https://secwatch.observer/filing/0000885508-24-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885508/000088550824000065/0000885508-24-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885508/000088550824000065/strs-20241008.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T15:07:04.706140+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}