---
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"
generated_at: "2026-05-24T21:54:19.787709+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Stratus Properties completes $24M refinancing of Jones Crossing retail property

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885508-25-000012
- JSON: https://secwatch.observer/filing/0000885508-25-000012.json
- Plain text: https://secwatch.observer/filing/0000885508-25-000012.txt

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