Stratus subsidiary secures $9.9M loan increase, extends maturity to Aug 2027 for development

Filed June 11, 2026 · Period ending June 8, 2026 · ~1 min read

Key Changes

• high

  Construction loan commitment increased by $9.9M to $36.0M total to fund Holden Hills Phase 1 residential and infrastructure development, with $12.8M still available for draws.

  Item 1.01 verify on EDGAR →
• medium

  Loan maturity extended to August 8, 2027, providing additional time to complete the Phase 1 development project before repayment is due.

  Item 1.01 verify on EDGAR →
• medium

  Interest rate set at one-month Term SOFR (0.50% floor) plus 3.00%, with overall 3.50% floor, formalizing pricing for the construction financing.

  Item 1.01 verify on EDGAR →