Clipper Realty Q3 net loss widens to $5.6M; AFFO falls to $5.6M

Clipper Realty Inc.

Revenue $37.7M, flat YoY; residential up 6.9% but commercial down $1.8M from 250 Livingston lease termination.
Net loss $5.6M ($0.14/share) vs $1.1M loss YoY; AFFO $5.6M ($0.13/share) vs $7.8M.
Prospect House (953 Dean St) in initial lease-up; 250 Livingston NYC tenant vacated mid-August 2025.
Q3 dividend declared $0.095/share, payable to holders of record as of a future date.
Flatbush Gardens continuing Article 11 rental recoveries with NYC; capital improvements on track.

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