Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.95
STRATUS PROPERTIES INC completed a disposition involving CH Realty X/R Houston Kingwood Place, L.P. for $60.8 million in cash (closed 2026-01-30).
- Action
- disposition
- Counterparty
- CH Realty X/R Houston Kingwood Place, L.P.
- Consideration
- $60.8 million in cash
- Closing
- 2026-01-30
Exact text from the filing
On January 30, 2026, Stratus Kingwood Place, L.P. (Seller), a Texas limited partnership and a subsidiary of Stratus Properties Inc. (Stratus), completed the previously disclosed disposition of the real and personal property associated with the Kingwood Place project to CH Realty X/R Houston Kingwood Place, L.P., a Delaware limited partnership (Purchaser), for a purchase price of $60.8 million in cash.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
STRATUS PROPERTIES INC amended Tenth Modification Agreement with Comerica Bank (effective 2026-01-30).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Comerica Bank
- Effective
- 2026-01-30
Exact text from the filing
Effective January 30, 2026, Stratus and certain of its wholly-owned subsidiaries named below (the Subsidiary Borrowers, and collectively with Stratus, the Borrowers), as borrowers, and Comerica Bank, as lender, entered into the Tenth Modification Agreement (the Tenth Modification), which amends that certain Loan Agreement dated June 29, 2018 by and between the Borrowers and Comerica Bank (the Loan Agreement), and that certain Second Amended and Restated Revolving Promissory Note dated March 25, 2025 by and between the Borrowers and Comerica Bank (the Note), each as previously amended.
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