Stratus Properties (STRS) Reports Q2 Loss of $0.11

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Stratus Properties Inc. Reports Second-Quarter and Six-Month 2018 Results, Announces New Development Project in Kingwood, Texas

August 9, 2018 8:30 AM EDT

AUSTIN, Texas--(BUSINESS WIRE)-- Stratus Properties Inc. (NASDAQ: STRS), a diversified real estate company with multi-family and single-family residential real estate development, real estate leasing, hotel and entertainment businesses in the Austin, Texas area and other select Texas markets, today reported second-quarter 2018 results and a new development project in Kingwood, Texas.

Highlights:

In August, completed a series of financing transactions used to purchase a 54-acre tract of land in Kingwood, Texas, for Kingwood Place, a new H-E-B, L.P. (HEB)-anchored, mixed-use project.... More