{"schema_version":"secwatch.filing_event.v1","accession":"0000885508-25-000061","form_type":"8-K","ticker":"STRS","cik":"0000885508","company_name":"STRATUS PROPERTIES INC","filed_at":"2025-10-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.477272+00:00","generated_at":"2026-05-17T04:41:00.613404+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Stratus subsidiary amends construction loan, extends maturity to Oct 2027 and adds $1.5M","bullets":["The Saint June 182-unit Austin multifamily project loan amended: maturity extended to Oct 2, 2027.","Outstanding principal increased by $1.5M to $32.9M; interest rate margin reduced from 2.35% to 2.00%.","Monthly principal payments eliminated; new minimum debt yield covenant (≥8%) replaces DSCR covenant.","Partnership may distribute up to $1.5M to partners; Stratus's 50% guaranty remains in effect.","Stratus required to open $5M deposit account with Texas Capital Bank as part of amendment."],"urls":{"canonical":"https://secwatch.observer/filing/0000885508-25-000061","json":"https://secwatch.observer/filing/0000885508-25-000061.json","markdown":"https://secwatch.observer/filing/0000885508-25-000061.md","text":"https://secwatch.observer/filing/0000885508-25-000061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/885508/000088550825000061/0000885508-25-000061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/885508/000088550825000061/strs-20250930.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:41:00.613404+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"}