---
schema_version: "secwatch.filing_event.v1"
accession: "0000885508-25-000002"
form_type: "8-K"
ticker: "STRS"
cik: "0000885508"
company_name: "STRATUS PROPERTIES INC"
filed_at: "2025-01-27T23:59:59+00:00"
generated_at: "2026-05-27T09:54:08.410958+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Stratus Properties closes $29.8M refinancing of Lantana Place retail property

## Summary
- New $29.8M loan from Broadway National Bank, matures Feb 1, 2029; interest rate 6.83% then SOFR+2.35%.
- Interest-only payments through Jan 31, 2026; thereafter principal & interest on 30-yr amortization.
- Approx. $3.0M distributed to Stratus after repaying $25.7M of existing debt and $1.1M in costs/taxes.
- Old loan with Southside Bank satisfied and terminated; new loan has lower rate and longer maturity.
- Loan secured by 99,377-sf retail property within Stratus' Barton Creek mixed-use development.

## SEC filing metadata
- accession: 0000885508-25-000002
- form_type: 8-K
- ticker: STRS
- cik: 0000885508
- company_name: STRATUS PROPERTIES INC
- filed_at: 2025-01-27T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885508/000088550825000002/0000885508-25-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885508/000088550825000002/strs-20250122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885508-25-000002
- JSON: https://secwatch.observer/filing/0000885508-25-000002.json
- Plain text: https://secwatch.observer/filing/0000885508-25-000002.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.