---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-010641"
form_type: "8-K"
ticker: "CLPR"
cik: "0001649096"
company_name: "Clipper Realty Inc."
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:10:28.702969+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lender sues Clipper Realty subsidiary over $125M loan default; $6.3M interest owed

## Summary
- Lender filed complaint March 25, 2026, seeking foreclosure and receiver for 250 Livingston St. property.
- Borrower subsidiary defaulted on $125M loan (3.63% rate, interest-only through June 2029) since December 2025.
- Company estimates $6.3M in accrued interest and default interest as of March 31, 2026, excluding fees.
- Negotiating Consent and Cooperation Agreement for loan sale, but no assurance of consummation.
- Company and operating partnership serve as guarantors on the loan obligations.

## SEC filing metadata
- accession: 0001437749-26-010641
- form_type: 8-K
- ticker: CLPR
- cik: 0001649096
- company_name: Clipper Realty Inc.
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649096/000143774926010641/0001437749-26-010641-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649096/000143774926010641/clpr20260331_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-010641
- JSON: https://secwatch.observer/filing/0001437749-26-010641.json
- Plain text: https://secwatch.observer/filing/0001437749-26-010641.txt

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