secwatch.observer — SEC 8-K summary
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Issuer:     Clipper Realty Inc. (CLPR)
CIK:        0001649096
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001437749-22-026578
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clipper Realty Q3 2022: Record revenue $32.8M, net loss narrows to $2.8M
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- Revenue $32.8M, up 7.2% YoY; record NOI $17.4M; leased occupancy 99.1%.
- Net loss $2.8M ($0.08 per share) vs loss $3.4M ($0.09 per share) a year ago.
- AFFO $5.0M ($0.12 per share) vs $4.1M ($0.10 per share) in Q3 2021.
- Dividend declared $0.095 per share; cash $35.5M (unrestricted $20M, restricted $15.5M).
- No debt maturities until 2027; 1010 Pacific Street development on track for Q4 completion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649096/000143774922026578/0001437749-22-026578-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649096/000143774922026578/clpr20221109_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-026578

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