---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-024286"
form_type: "8-K"
ticker: "CLPR"
cik: "0001649096"
company_name: "Clipper Realty Inc."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:51:12.362604+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Clipper Realty Q2 revenue $37.3M (+8.3% YoY); net loss narrows to $1.7M

## Summary
- Record quarterly revenue of $37.3M, up 8.3% YoY; net loss of $1.7M ($0.06/share) vs loss of $3.3M ($0.10/share) last year.
- AFFO of $7.1M ($0.17/share) vs $5.5M ($0.13/share) a year ago; residential revenue up 11.8%.
- Declared dividend of $0.095/share for Q2 2024, unchanged sequentially.
- New residential leases executed at ~11% premiums over prior rents; renewals at ~7% premiums.
- Flatbush Gardens Article 11 recovery underway; preliminary marketing of properties including 10W 65th St commenced.

## SEC filing metadata
- accession: 0001437749-24-024286
- form_type: 8-K
- ticker: CLPR
- cik: 0001649096
- company_name: Clipper Realty Inc.
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1649096/000143774924024286/0001437749-24-024286-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649096/000143774924024286/clpr20240731_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-024286
- JSON: https://secwatch.observer/filing/0001437749-24-024286.json
- Plain text: https://secwatch.observer/filing/0001437749-24-024286.txt

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