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  "documentTitle": "Oasis Stratus Presentation March 2021",
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  "presentationDate": "2021-03-01 00:00:00",
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  "notes": "The slide uses a table to track property status changes over time to highlight the lack of sales execution.",
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      "text": "Stratus sold just seven of the 2,346 multi-family units that it promised to sell as part of its five-year plan.",
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      "text": "Of the inventory Stratus had when it disclosed its five-year plan, it sold 7 units at the Villas at Amarra Drive, 0.2% of its goal to sell 2,346 units.",
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      "text": "Even if we give Stratus full credit for the Santal, which it didn't sell but refinanced... this puts Stratus at only 20% of its targeted unit sales.",
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      "text": "The other 12-unit reduction from 2020 to 2015 is due to a reduction in planned versus constructed units at Santal Phase II.",
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      "text": "Not taking into account the 12-unit reduction in Santal Phase II units, the total number of multi-family units only decreased by 1.",
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      "text": "Note: Analysis above excludes sale of the Saint Mary announced in 2021 after the expiration of the five-year plan. Source: Stratus 4/20/2015 Shareholder Presentation, Public filings",
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      "text": "Summary of Properties to be Developed and Sold or Sold Undeveloped",
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      "text": "Stratus Has Failed to Execute on its Five-Year Plan cont'd",
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