{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-029998","form_type":"8-K","ticker":"CLPR","cik":"0001649096","company_name":"Clipper Realty Inc.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.933567+00:00","generated_at":"2026-06-09T00:30:16.684982+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Clipper Realty Q3 2023: record revenue $35.1M, AFFO $6.3M, net loss narrows to $2.3M","bullets":["Record quarterly revenue $35.1M (+7.1% YoY); NOI $20.0M (record); AFFO $6.3M ($0.15/share).","Net loss $2.3M ($0.07/share) vs $2.8M ($0.08/share) in Q3 2022; income from operations $9.2M.","Same-store leased occupancy 98.4%; collection rate 98.0%; new leases up >12% over prior, renewals up ~7%.","Declared dividend $0.095/share for Q3 2023; closed construction loan for Dean Street development.","Flatbush Gardens Article 11 NYC transaction (tax abatement) to enhance rental recoveries."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-029998","json":"https://secwatch.observer/filing/0001437749-23-029998.json","markdown":"https://secwatch.observer/filing/0001437749-23-029998.md","text":"https://secwatch.observer/filing/0001437749-23-029998.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1649096/000143774923029998/0001437749-23-029998-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1649096/000143774923029998/clpr20231101_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:30:16.684982+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"00ec8983550c26d236ed032be0eae66d6bc1e711","claim":"Clipper Realty Inc. reported three months ended September 30, 2023 results: revenue $35.1 million, net income net loss of $2.3 million, EPS $0.07 per share.","evidence_excerpt":"Financial Results For the third quarter of 2023, revenues increased by $2.3 million, or 7.1%, to $35.1 million and $1.2 million, or 3.5% excluding revenue from Pacific House. This compares to revenue of $32.8 million during the third quarter of 2022. Residential revenue increased by $2.4 million, or 10.4%, and $1.2 million, or 5.3% excluding revenue from Pacific House in the third quarter of 2023 driven by higher rental rates at all our residential properties. Commercial income decreased $0.2 million, or 0.8%, in the third quarter of 2023 due to a small number of commercial leases that expired during 2023. For the third quarter of 2023, net loss was $2.3 million, or $0.07 per share or $1.6 million, or $0.03 per share excluding the net loss attributable to Pacific House operations, compared to net loss of $2.8 million, or $0.08 per share, for the third quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1649096/000143774923029998/0001437749-23-029998-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended September 30, 2023"},{"label":"Revenue","value":"$35.1 million"},{"label":"Net income","value":"net loss of $2.3 million"},{"label":"EPS","value":"$0.07 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}