---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-007843"
form_type: "8-K"
ticker: "CLPR"
cik: "0001649096"
company_name: "Clipper Realty Inc."
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T19:41:09.680164+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Clipper Realty Reports Q4 2023 Revenue of $34.9M, Net Loss of $2.9M, AFFO of $6.3M

## Summary
- Quarterly revenues increased 5.6% to $34.9 million for Q4 2023.
- Net loss was $2.9 million ($0.09 per share) for Q4 2023.
- Record adjusted funds from operations (AFFO) of $6.3 million ($0.15 per share).
- Declared dividend of $0.095 per share for Q4 2023.
- NYC will exercise option to terminate lease at 250 Livingston St in August 2025.

## SEC filing metadata
- accession: 0001437749-24-007843
- form_type: 8-K
- ticker: CLPR
- cik: 0001649096
- company_name: Clipper Realty Inc.
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649096/000143774924007843/0001437749-24-007843-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649096/000143774924007843/clpr20240312_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-007843
- JSON: https://secwatch.observer/filing/0001437749-24-007843.json
- Plain text: https://secwatch.observer/filing/0001437749-24-007843.txt

## Key facts
- Earnings Releases
  Clipper Realty Inc. reported three months ended December 31, 2023 results: revenue $34.9 million, net income net loss of $2.9 million, EPS $0.09 per share.
  - Period: three months ended December 31, 2023
  - Revenue: $34.9 million
  - Net income: net loss of $2.9 million
  - EPS: $0.09 per share
  - Result: reported results
  source text: today announced financial and operating results for the three months ended December 31, 2023. Highlights for the Three Months Ended December 31, 2023 ● Quarterly revenues of $34.9 million for the fourth quarter of 2023 ● Quarterly income from operations of $9.0 million for the fourth quarter of 2023 ● Net operating income (“NOI”) 1 of $20.0 million for the fourth
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649096/000143774924007843/0001437749-24-007843-index.htm

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