Stratus Properties Inc is a diversified real estate company operating in US. It is engaged in the acquisition, entitlement, development, management, operation and sale of commercial, hotel, entertainment, and multi- and single-family residential real estate properties, primarily located in the Austin and Texas area. The company generates its revenue from sales of developed properties, from hotel and entertainment operations and from rental income from commercial properties. Stratus operates its business through four operating segments: Real Estate Operations, Leasing Operations, Hotel and Entertainment. The Company's properties include Barton Creek that comprises Calera, Amarra Drive, Mirador Estate and Barton Creek Village; Circle C Community; Lantana; The Oaks at Lakeway and Magnolia.