{"schema_version":"secwatch.filing_event.v1","accession":"0000885508-25-000012","form_type":"8-K","ticker":"STRS","cik":"0000885508","company_name":"STRATUS PROPERTIES INC","filed_at":"2025-03-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.676937+00:00","generated_at":"2026-05-24T21:54:19.787709+00:00","sec_items":["1.01","1.02","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Stratus Properties completes $24M refinancing of Jones Crossing retail property","bullets":["New $24.0M non-recourse loan matures April 1, 2028; initial rate 6.26% then SOFR+1.95% (floor 3%).","Net cash proceeds of ~$1.2M distributed to Stratus after repaying $22.6M existing loan and costs.","Loan is interest-only monthly, with prepayment subject to yield maintenance before April 1, 2026.","Old loan with Regions Bank terminated; H-E-B anchored project in College Station, Texas secures loan."],"urls":{"canonical":"https://secwatch.observer/filing/0000885508-25-000012","json":"https://secwatch.observer/filing/0000885508-25-000012.json","markdown":"https://secwatch.observer/filing/0000885508-25-000012.md","text":"https://secwatch.observer/filing/0000885508-25-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885508/000088550825000012/0000885508-25-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885508/000088550825000012/strs-20250307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T21:54:19.787709+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"}