secwatch.observer — SEC 8-K summary
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Issuer:     Clipper Realty Inc. (CLPR)
CIK:        0001649096
Form:       8-K
Filed at:   2025-02-14T23:59:59+00:00
Accession:  0001437749-25-003990
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clipper Realty Q4 2024 revenue $38.0M, net loss narrows to $1.1M, AFFO record $8.1M
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- Q4 2024 revenue $38.0M (+9.1% YoY); net loss $1.1M ($0.05/share) vs $2.9M loss YoY.
- Record AFFO $8.1M ($0.19/share) vs $6.3M ($0.15) YoY; NOI $22.5M record.
- Residential revenue up 11.6%; new leases 10% above prior, renewals ~6% above.
- Dividend $0.095/share declared for Q4 2024; unchanged from prior quarter.
- Marketing properties including 10W 65th St for potential sale; Dean Street development on track for early 2025 completion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649096/000143774925003990/0001437749-25-003990-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649096/000143774925003990/clpr20250213_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-003990

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