secwatch.observer — SEC 8-K summary
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Issuer:     Clipper Realty Inc. (CLPR)
CIK:        0001649096
Form:       8-K
Filed at:   2022-03-15T23:59:59+00:00
Accession:  0001437749-22-006306
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clipper Realty Q4 2021 net loss widens to $6.2M; revenue $30.8M, up 1.6% YoY
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- Q4 2021 revenue $30.8M (+1.6% YoY); net loss $6.2M (-$0.16/sh) vs $3.8M loss in Q4 2020.
- Excluding $2.7M litigation settlement, adjusted net loss was $3.5M (-$0.09/sh).
- NOI $16.4M; AFFO $4.4M; declared quarterly dividend $0.095/sh.
- Portfolio 95% leased; rent collection >98%; cash $52.2M; no debt maturities until 2027.
- Co-Chairman cites strong rental demand as NYC recovers from pandemic.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649096/000143774922006306/0001437749-22-006306-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649096/000143774922006306/clpr20220315_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-006306

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer