Stratus says it may be forced to stop work on W project – Stratus Properties Inc. said Monday it’s urgently looking to secure new financing for its W Austin Hotel & Residences project. W project in May 2008 and subsequently lined up a construction loan.
Stratus reports $1.6M loss in 3Q – Stratus and Canyon-Johnson Urban Funds, the two partners in the downtown W Austin Hotel & Residences, recently closed on a replacement construction loan for that project. The loan is being funded by.
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Privé developers get $102M construction financing boost – New York-based Maxim Capital along with Austin-based Prophet Capital Asset Management. Privé has been shopping around for construction financing. Several months ago, The Real Deal acquired a.
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