---
schema_version: "secwatch.filing_event.v1"
accession: "0000885508-25-000069"
form_type: "8-K"
ticker: "STRS"
cik: "0000885508"
company_name: "STRATUS PROPERTIES INC"
filed_at: "2025-11-20T23:59:59+00:00"
generated_at: "2026-05-16T18:19:01.258612+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Stratus completes $57.5M sale of Lantana Place Retail; net cash ~$26.9M

## Summary
- Sale price $57.5M cash; pre-tax net proceeds ~$26.9M after loan payoff and costs.
- Proceeds used to fully repay $29.8M project loan; cash balances increased to ~$82M pro forma.
- Retains The Saint Julia (~210-unit multifamily) and 160k sq ft commercial entitlements.
- Sales price a premium to Dec 2024 gross NAV per investor presentation.
- Transaction improves balance sheet liquidity and reduces debt.

## SEC filing metadata
- accession: 0000885508-25-000069
- form_type: 8-K
- ticker: STRS
- cik: 0000885508
- company_name: STRATUS PROPERTIES INC
- filed_at: 2025-11-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/885508/000088550825000069/0000885508-25-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/885508/000088550825000069/strs-20251114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000885508-25-000069
- JSON: https://secwatch.observer/filing/0000885508-25-000069.json
- Plain text: https://secwatch.observer/filing/0000885508-25-000069.txt

## Source-grounded claims
- claim_id: 7904202606253d038124023fb3d43587d7d840d3
  claim: STRATUS PROPERTIES INC completed a disposition involving Scripps CMH LLC, a Delaware limited liability company, as to an undivided 70.538% interest, and Lantana SRB LLC, a Wyoming limited liability company, as to an undivided 29.462% interest, as tenants-in-common (collectively, Purchaser) for $57.5 million in cash (closed 2025-11-14).
  evidence_excerpt: On November 14, 2025, Lantana Place, L.L.C. (Seller), a Texas limited liability company and a wholly-owned subsidiary of Stratus Properties Inc. (Stratus), completed the previously disclosed disposition of the real and personal property associated with the retail component of Lantana Place (Lantana Place – Retail), for $57.5 million in cash to Scripps CMH LLC, a Delaware limited liability company, as to an undivided 70.538% interest, and Lantana SRB LLC, a Wyoming limited liability company, as to an undivided 29.462% interest, as tenants-in-common (collectively, Purchaser).
  evidence_url: https://www.sec.gov/Archives/edgar/data/885508/000088550825000069/0000885508-25-000069-index.htm

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