Stratus Properties, Inc.
OOTC:STRS17.98
USD
+0.01
(+0.06%)
Stratus Properties, Inc.
OTC:STRS
(OTC Markets)
Recent
price
17.98
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Stratus Properties, Inc. is a real estate development, acquisition, management, and investment company engaged in the planning, development, leasing, and sale of commercial, multi-family, single-family residential, and mixed-use properties, primarily focused on the Austin, Texas metropolitan area and other high-growth Texas markets. Founded in 1992 and headquartered in Austin, Texas, the company operates across core real estate segments comprising real estate operations, commercial leasing, and property management. The company's portfolio of products and services includes the acquisition, entitlement, and master-planned development of luxury single-family residential lots and communities, such as Amarra Drive and Holden Hills in the Barton Creek community; the construction, development, and operation of multi-family residential properties, including suburban and urban apartment communities under brands such as The Saint George, The Saint June, and The Saint Mary; the development, construction, and leasing of grocery-anchored and commercial retail shopping centers, including projects anchored by H-E-B such as Magnolia Place, Kingwood Place, and Lantana Place; the development of mixed-use, office, and medical office facilities; and comprehensive asset management, tenant leasing, property maintenance, and project financing services. In recent corporate developments, Stratus Properties executed a strategic corporate transition by voluntarily delisting its common stock from the Nasdaq Stock Market and deregistering under the Securities Exchange Act of 1934 to substantially reduce compliance costs and optimize administrative efficiency, subsequently transitioning the quotation of its common shares to the OTC Market under the ticker STRS. In addition, the company has continued to advance its commercial and residential development pipeline across Texas growth corridors, progressing phased retail leasing and pad-site transactions at Magnolia Place in Magnolia, Texas, stabilizing and expanding multi-family residential leasing operations, advancing infrastructure and entitlement efforts for the Holden Hills sustainable residential development in Austin, and actively optimizing its project capital structures through refinancings and credit facility modifications with regional lending partners.