Barton Creek

Christie’s International Real Estate to Launch Luxury Austin Brokerage Behind Experienced Local Team

Retrieved on: 
Thursday, September 21, 2023
IBM, Partnership, University, Moses Austin, Dell, Marketing, Music, Gray Plant Mooty, Lead, Sale, Acquisition, San Francisco Bay, Dallas–Fort Worth metroplex, Apple, United Kingdom, Jewellery, National Association, Tesla, Conference, Wine, Barton Creek, Real estate, Property management, Cryptocurrency, Compass

CHICAGO, Illinois and AUSTIN, Texas, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Christie’s International Real Estate, the world’s preeminent luxury real estate brand, will enter the Austin, Texas market this fall with the launch of a new affiliate.

Key Points: 
  • CHICAGO, Illinois and AUSTIN, Texas, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Christie’s International Real Estate, the world’s preeminent luxury real estate brand, will enter the Austin, Texas market this fall with the launch of a new affiliate.
  • Mooty, who is Jones’ nephew, also owns @properties Christie’s International Real Estate offices in Dallas and Frisco.
  • As the gold standard in real estate, we're eager to introduce this prestigious brand to Austin, enhancing the luxury real estate options for clients seeking to invest in the vibrant Austin community,” said Romeo Manzallia.
  • “Austin is a key market for Christie’s International Real Estate, and we’re absolutely thrilled to have Jerry and Romeo leading the expansion.

Lifespace Communities Partners with Candoo Tech to Bring Tech Support and Training to Residents

Retrieved on: 
Thursday, July 6, 2023
Partnership, Mahindra Lifespaces, Education, Aircraft, Querencia, Barton Creek, Management

NEW YORK, July 6, 2023 /PRNewswire/ -- Lifespace Communities, one of the top 10 largest nonprofit senior living communities in the country, has expanded its partnership with Candoo Tech to provide technology support, education and training to all their independent living residents across its 17 communities.

Key Points: 
  • NEW YORK, July 6, 2023 /PRNewswire/ -- Lifespace Communities, one of the top 10 largest nonprofit senior living communities in the country, has expanded its partnership with Candoo Tech to provide technology support, education and training to all their independent living residents across its 17 communities.
  • Services include unlimited remote one-to-one tech training and support, group lessons and a library of on-demand content.
  • Lifespace Communities expands its partnership with Candoo Tech.
  • Liz Hamburg, founder and CEO of Candoo Tech, said, "The Lifespace leadership is very focused on resident experience and satisfaction.

Stratus Properties Inc. Completes Sale of The Santal for $152 Million

Retrieved on: 
Tuesday, December 14, 2021
Residential Building & Real Estate, Commercial Building & Real Estate, General Entertainment, Entertainment, Construction & Property, Forward-looking statement, U.S. Securities and Exchange Commission, Mary, mother of Jesus, Annie-B Parson, Trust, NAV, Board, STRS, Compte rendu, HEB, Sale, Block, COVID-19, Acquisition, Time, Comerica, Annual report, NASDAQ, Block 21, Section, Texas Hill Country, Saint, Santal people, Barton Creek, Multimedia, Compliance, Busch Properties, Inc., Life insurance, Property management, Stratus

Stratus Properties Inc. (NASDAQ: STRS) (Stratus or the Company) today announced that it has completed the previously announced sale of The Santal for $152 million, or approximately $339 thousand per unit, in cash.

Key Points: 
  • Stratus Properties Inc. (NASDAQ: STRS) (Stratus or the Company) today announced that it has completed the previously announced sale of The Santal for $152 million, or approximately $339 thousand per unit, in cash.
  • The sale generated pre-tax net cash proceeds to Stratus of approximately $74 million, after transaction expenses and payment of the project loan.
  • The sales price of The Santal implies a net asset value (NAV) of $51 million, a 103 percent premium to the $25 million estimated after-tax NAV of The Santal as of December 31, 2020, as reflected in Stratus Investor Presentation dated March 15, 2021, available on Stratus website.
  • The sale prices of The Santal and The Saint Mary, which we sold earlier this year, reflect significant premiums to NAV.

Stratus Properties Inc. Announces Agreement to Sell The Santal for $152 Million

Retrieved on: 
Tuesday, September 21, 2021
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, STRS, Â, REIT, Annual report, Sale, NASDAQ, U.S. Securities and Exchange Commission, Multimedia, Board, Acquisition, COVID-19, Busch Properties, Inc., Barton Creek, Forward-looking statement, Saint, Section, Time, Real estate, Bank

Stratus Properties Inc. (NASDAQ: STRS) (Stratus or the Company) today announced an agreement to sell The Santal for $152 million, or approximately $339 thousand per unit, in cash.

Key Points: 
  • Stratus Properties Inc. (NASDAQ: STRS) (Stratus or the Company) today announced an agreement to sell The Santal for $152 million, or approximately $339 thousand per unit, in cash.
  • The Santal is Stratus wholly owned 448-unit garden-style, multi-family luxury apartment complex located in Section N of Austins upscale Barton Creek community.
  • The agreement to sell The Santal contains a 30-day diligence period during which the buyer may terminate the transaction for any reason.
  • In connection with entering into the agreement to sell The Santal, Stratus amended the loan agreement with the project lender to enable prepayment of the loan, subject to a prepayment fee.

Stratus Properties Inc. Announces Holden Hills, a New Residential Development in Barton Creek

Retrieved on: 
Wednesday, April 28, 2021
Construction & Property, Residential Building & Real Estate, Urban planning, Census divisions of Ontario, Cities in the United States, Barton Creek, Geography of Austin, Texas, Washington metropolitan area, Greenbelt, Maryland, Barton, Green belt, Austin, Texas, Holden, Greenbelt

b"Stratus Properties Inc. (NASDAQ: STRS) (\xe2\x80\x9cStratus\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) today announced plans for Holden Hills, its final residential development within the Barton Creek community, which the Company has been developing for more than 30 years.

Key Points: 
  • b"Stratus Properties Inc. (NASDAQ: STRS) (\xe2\x80\x9cStratus\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) today announced plans for Holden Hills, its final residential development within the Barton Creek community, which the Company has been developing for more than 30 years.
  • Located 10 minutes southwest of downtown Austin, off of the Southwest Parkway, Holden Hills consists of 495 acres of classic, Hill Country escarpment abutting the Barton Creek Greenbelt.
  • To take advantage of the scenic environment, Holden Hills will include a trail system connecting to the Barton Creek preserve, providing residents easy access to the Barton Creek Greenbelt.
  • Accordingly, Stratus\xe2\x80\x99 projections anticipate that Stratus would recognize proceeds from sales in Holden Hills beginning in late 2022 or early 2023.\nPhases one and two of the Holden Hills development plan encompass the development of the home sites.