secwatch.observer — SEC 8-K summary
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Issuer:     STRATUS PROPERTIES INC (STRS)
CIK:        0000885508
Form:       8-K
Filed at:   2026-06-12T20:08:54+00:00
Accession:  0000885508-26-000031
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stratus subsidiary Holden Hills amends construction loan, increases commitment to $36M and extends maturity to Aug 2027
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- Loan commitment increased by ~$9.9M to ~$36.0M for Holden Hills Phase 1 development in Austin, TX.
- Maturity extended to August 8, 2027; interest rate set at 1-month SOFR + 3.00% with a 3.50% floor.
- Outstanding balance as of June 10, 2026 is ~$12.6M with ~$12.8M available for future draws.
- Holden Hills L.P. is a 50%-owned subsidiary of Stratus Properties; Stratus guarantees the loan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885508/000088550826000031/0000885508-26-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885508/000088550826000031/strs-20260608.htm
  HTML page:      https://secwatch.observer/filing/0000885508-26-000031

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