Stratus Properties Inc., a real estate company, engages in the acquisition, entitlement, development, management, operation, and sale of commercial, hotel, entertainment, and multi-and single-family residential real estate properties primarily in Austin, Texas. The company operates through four segments: Hotel, Entertainment, Real Estate Operations, and Commercial Leasing. The company was founded in 1992 and is based in Austin, Texas.
Stratus Properties (STRS) has announced that, its subsidiary The Saint Mary, has completed the sale of a 240-unit luxury, garden-style apartment project in the Circle C community in Austin, Texas, for $60M, or $0.25M/unit. The net proceeds will be ~$34M and anticipates receiving ~$21.3M from the subsidiary in connection with...
AUSTIN, Texas--(BUSINESS WIRE)--Stratus Properties Inc. (NASDAQ: STRS) announced today that on January 11, 2021, its subsidiary The Saint Mary, L.P. completed the sale of The Saint Mary, a 240-unit luxury, garden-style apartment project in the Circle C community in Austin, Texas, for $60 million, or $250,000 per unit. William H. Armstrong III, Chairman of the Board, President and Chief Executive Officer of Stratus, stated, “The sale of The Saint Mary is another example of the substantial value
Stratus Properties Inc. (NASDAQ: STRS) announced today the appointment of Neville L. Rhone, Jr. to its Board of Directors ("Board"). Mr. Rhone will serve as an independent Class II director, effective immediately, and will be up for election to the Board at the 2021 Annual Meeting of Stockholders.
WILMINGTON, Del.--(BUSINESS WIRE)--Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations and breach of fiduciary duty claims against Stratus Properties Inc. (“Stratus Properties” or the “Company”)(NASDAQGS: STRS). If you currently own shares of Stratus Properties and want to receive additional information and protect your investments free of charge, please visit us at http://www.a