{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-035496","form_type":"8-K","ticker":"CLPR","cik":"0001649096","company_name":"Clipper Realty Inc.","filed_at":"2024-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.103286+00:00","generated_at":"2026-05-29T23:48:51.663262+00:00","sec_items":["2.04"],"event_type":"debt","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Clipper Realty subsidiary's $100M loan accelerated; disputes default","bullets":["Special servicer notified on Nov 11, 2024 that $100M loan for 141 Livingston property was accelerated due to alleged failure to make reserve payments starting July 2024.","Lender demands $100M principal, ~$5M default yield maintenance premium, $10M reserve deposit, and ~$1.6M default interest and penalties.","Company believes it made timely payments and servicer misinterpreted loan terms; no current obligation to make reserve deposits.","Good-faith discussions underway under pre-negotiation agreement; lender may exercise remedies if unresolved."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-035496","json":"https://secwatch.observer/filing/0001437749-24-035496.json","markdown":"https://secwatch.observer/filing/0001437749-24-035496.md","text":"https://secwatch.observer/filing/0001437749-24-035496.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1649096/000143774924035496/0001437749-24-035496-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1649096/000143774924035496/clpr20241115_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T23:48:51.663262+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}