secwatch.observer — SEC 8-K summary
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Issuer:     Clipper Realty Inc. (CLPR)
CIK:        0001649096
Form:       8-K
Filed at:   2026-02-26T23:59:59+00:00
Accession:  0001437749-26-005897
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clipper Realty Q4 net loss widens to $11.3M; AFFO drops to $1.7M from $8.1M
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- Net loss of $11.3M ($0.30/share) vs $1.1M loss a year ago; AFFO fell to $1.7M from $8.1M.
- Revenue decreased to $37.1M from $38.0M; commercial revenue down $3.6M on NYC lease termination.
- 250 Livingston St: NYC lease termination drove $5.4M net loss; lender discussions ongoing.
- 141 Livingston St: settled lender claims with $10M letter of credit and $2.6M settlement expenses.
- Residential revenue up 9.5% to $30.9M; new leases 13% above prior rents; portfolio occupancy high.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649096/000143774926005897/0001437749-26-005897-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649096/000143774926005897/clpr20260226_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-005897

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