---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-016114"
form_type: "8-K"
ticker: "CLPR"
cik: "0001649096"
company_name: "Clipper Realty Inc."
filed_at: "2025-05-12T23:59:59+00:00"
generated_at: "2026-05-21T23:48:02.569319+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Clipper Realty Q1 revenue up 10% to $39.4M; net loss $35.1M includes $33.8M impairment

## Summary
- Record revenue $39.4M (+10% YoY); NOI $21.8M (+8%); residential revenue +11.8%.
- Net loss $35.1M ($0.86/sh) includes $33.8M impairment on 10 West 65th St held for sale; ex-impairment loss $1.3M ($0.03/sh).
- AFFO $8.0M ($0.19/sh), up 36% YoY; dividend declared $0.095/sh.
- 10 West 65th St under contract for $45.5M; close expected June 2025 generating ~$12M cash; bridge financing for Dean Street completed.
- 250 Livingston St: NYC notification to vacate Aug 2025; 141 Livingston St new 5-year lease with NYC.

## SEC filing metadata
- accession: 0001437749-25-016114
- form_type: 8-K
- ticker: CLPR
- cik: 0001649096
- company_name: Clipper Realty Inc.
- filed_at: 2025-05-12T23:59:59+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/1649096/000143774925016114/0001437749-25-016114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649096/000143774925016114/clpr20250512_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-016114
- JSON: https://secwatch.observer/filing/0001437749-25-016114.json
- Plain text: https://secwatch.observer/filing/0001437749-25-016114.txt

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