Stratus Properties amends Fifth Third loan, lifts Holden Hills Phase 1 commitment to $36 million
PUBT · 06/12 20:09
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- Stratus Properties amended a senior secured construction loan for the Holden Hills Phase 1 project with Fifth Third Bank.
- Amendment extends maturity to Aug. 8, 2027.
- Total loan commitment lifted by about $9.9 million to about $36 million, subject to cost and loan-to-value limits.
- Interest rate set at 1-month Term SOFR, floor 0.5%, plus 3%, subject to a 3.5% floor.
- As of June 10, 2026, about $12.6 million was outstanding with about $12.8 million available for additional advances.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stratus Properties Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000885508-26-000031), on June 12, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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