---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-006928"
form_type: "8-K"
ticker: "CLPR"
cik: "0001649096"
company_name: "Clipper Realty Inc."
filed_at: "2023-03-16T23:59:59+00:00"
generated_at: "2026-06-18T00:35:07.678678+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Clipper Realty Q4 revenue up 7.3% to $33.0M; net loss narrows to $3.4M

## Summary
- Record quarterly revenue of $33.0M, up 7.3% YoY from $30.8M.
- Net loss of $3.4M ($0.10/share) vs. net loss of $6.2M ($0.16/share) in Q4 2021.
- NOI of $17.1M; AFFO of $4.7M for the quarter.
- Leased occupancy of 98.8%; dividend declared $0.095 per share.
- Unrestricted cash $18.2M; substantially all debt fixed-rate with no maturities until 2027.

## SEC filing metadata
- accession: 0001437749-23-006928
- form_type: 8-K
- ticker: CLPR
- cik: 0001649096
- company_name: Clipper Realty Inc.
- filed_at: 2023-03-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649096/000143774923006928/0001437749-23-006928-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649096/000143774923006928/clpr20230314_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-006928
- JSON: https://secwatch.observer/filing/0001437749-23-006928.json
- Plain text: https://secwatch.observer/filing/0001437749-23-006928.txt

## Key facts
- Earnings Releases
  Clipper Realty Inc. reported the three months ended December 31, 2022 results: revenue $33.0 million, net income net loss of $3.4 million, EPS $0.10 per share.
  - Period: the three months ended December 31, 2022
  - Revenue: $33.0 million
  - Net income: net loss of $3.4 million
  - EPS: $0.10 per share
  - Result: reported results
  source text: announced financial and operating results for the three months ended December 31, 2022. Highlights for the Three Months Ended December 31, 2022 ● Record quarterly revenues of $33.0 million for the fourth quarter of 2022 ● Quarterly income from operations of $6.8 million for the fourth quarter of 2022 ● Net operating income (“NOI”) 1 of $17.1 million for the fourth
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649096/000143774923006928/0001437749-23-006928-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.