secwatch.observer — SEC 8-K summary
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Issuer:     Clipper Realty Inc. (CLPR)
CIK:        0001649096
Form:       8-K
Filed at:   2023-03-16T23:59:59+00:00
Accession:  0001437749-23-006928
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649096/000143774923006928/0001437749-23-006928-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649096/000143774923006928/clpr20230314_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-006928

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