Financing ·
On June 8, 2026, Stratus Properties Inc. and its 50% owned subsidiary, Holden Hills, L.P., entered into amendments to…
STRSStratus Properties Inc
On June 8, 2026, Stratus Properties Inc. and its 50% owned subsidiary, Holden Hills, L.P., entered into amendments to a loan agreement with Fifth Third Bank, N.A. for the Holden Hills Phase 1 project. The amendments extend the loan maturity date to August 8, 2027, and increase the principal amount by approximately $9.9 million, resulting in a total commitment of the least of $36.0 million, 29.0% of total development costs, or a 30.0% loan-to-value ratio. The interest rate is set at one-month Term SOFR (0.50% floor) plus 3.00%, with a total floor of 3.50%. As of June 10, 2026, the outstanding principal balance was approximately $12.6 million with $12.8 million available for advances. Stratus Properties Inc. is a real estate company focused on property development.