secwatch.observer — SEC 8-K summary
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Issuer:     Clipper Realty Inc. (CLPR)
CIK:        0001649096
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001437749-25-034807
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649096/000143774925034807/0001437749-25-034807-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649096/000143774925034807/clpr20251113_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-034807

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