STRATUS PROPERTIES DL-,01

Stratus Properties will pay a first liquidation distribution of $5.00 per share on July 20, 2026 to shareholders of record on July 13, 2026. The distribution follows shareholder approval of the company’s complete liquidation and dissolution on June 1, 2026. The board has approved a voluntary delisting from the NASDAQ and subsequent deregistration with the SEC; the delisting is expected to become effective around August 10, 2026 and trading in the common shares will be suspended pre-market that day. Stratus plans to file a Form 15 after the delisting and to make additional liquidation distributions, the timing and amount of which will depend on sale proceeds, liabilities, taxes and legal matters. » Więcej na de.investing.com

Stratus Properties will voluntarily delist its common stock from NASDAQ and deregister with the SEC to suspend reporting obligations amid the planned wind‑down. The board approved an initial liquidation distribution of $5.00 per share, payable July 20, 2026 to shareholders of record on July 13, 2026. The company intends to file a Form 25 with the SEC around July 31, 2026; the delisting is expected to become effective around August 10, 2026, with NASDAQ trading suspended before the market opens that day. Stratus expects possible additional distributions but does not commit to timing or amounts of future payments; the stock fell about 2.7% in after‑hours trading. » Więcej na de.investing.com

Stratus Properties agreed to amendments with Fifth Third Bank for its 50%-owned Holden Hills that extend the construction loan for Holden Hills phase 1 to Aug. 8, 2027 and increase the facility by about $9.9m. The new commitment is limited to the lower of roughly $36.0m, 29% of development costs, or a maximum LTV of 30%. The loan bears interest at 1-month Term SOFR (floor 0.50%) plus 3.00% (minimum rate 3.50%), requires monthly interest payments and amortizes at maturity; the outstanding balance was about $12.6m, with a further $12.8m available for draws. » Więcej na de.investing.com

Stratus Properties has completed the sale of the Lantana Place retail project in Austin for $57.5 million in cash. After deducting selling costs and the project loan, the company realized net cash proceeds before taxes of about $26.9 million. Stratus retains the land for the multifamily project The Saint Julia and building permits for 160,000 square feet of commercial space; the company also reports amendments to a loan agreement extending the maturity to October 2027. The transaction strengthens short-term liquidity, while Stratus reports total debt of $219.12 million and a current ratio of 19.26. » Więcej na de.investing.com