What does Stratus Properties do?
Stratus Properties (NASDAQ:STRS) is a diversified real estate company engaged in the acquisition, development, management and sale of commercial, multi-family, and single-family residential real estate properties located primarily in Texas. Their portfolio encompasses projects that include mixed-use developments, shopping centers, and apartment complexes, among others. Stratus Properties aims to create vibrant communities and luxurious living spaces by leveraging its expertise in land development and property management. Their objective is to optimize shareholder value through strategic asset growth, focusing on high-potential areas that promise long-term profitability and sustainability.