Stratus Properties (STRS) Reports Q3 Loss of $0.29, Revenues Beat

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Stratus Properties Inc. Reports Third-Quarter and Nine-Month 2018 Results, Announces Land Purchase for Future Development Project in New Caney, Texas

November 9, 2018 8:30 AM EST

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 third-quarter and nine-month 2018 results and the purchase of land for a future development project in New Caney, Texas.

Highlights:

In October 2018, Stratus, in partnership with H-E-B, L.P. (HEB), purchased a 38-acre tract of land for approximately $9.5 million in New Caney, Texas, for the... More