Stratus Properties (STRS) Reports Q1 EPS of $1.08, Revenues Beat

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Stratus Properties Inc. Reports First-Quarter 2021 Results

May 10, 2021 4:47 PM EDT

AUSTIN, Texas--(BUSINESS WIRE)-- Stratus Properties Inc. (NASDAQ: STRS), a diversified real estate company with holdings, interests and operations focused in the Austin, Texas area and other select, fast-growing markets in Texas, today reported first-quarter 2021 results.

Highlights and Recent Developments:

In January 2021, Stratus sold The Saint Mary, a 240-unit luxury garden-style apartment project in the Circle C community, for $60.0 million, or $250,000 per unit. Stratus believes the sales price is the highest per unit sales price ever recorded in the Austin... More