---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-017039"
form_type: "8-K"
ticker: "CLPR"
cik: "0001649096"
company_name: "Clipper Realty Inc."
filed_at: "2026-05-14T20:03:05+00:00"
generated_at: "2026-05-14T21:02:20.423716+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Clipper Realty Q1 2026: residential revenue up 9.3%, net loss narrows to $11.1M

## Summary
- Revenue $38.1M, down 3.3% YoY; residential $31.9M (+9.3%), commercial $6.2M (down from $10.2M).
- Net loss $11.1M vs $35.1M; income from ops $4.4M vs loss $23.6M (prior year included $33.8M impairment).
- AFFO fell to $2.3M from $8.0M; NOI $20.0M vs $21.8M.
- Prospect House residential property fully leased at quarter end; 250 Livingston lender issues ongoing.
- Declared $0.095 per share dividend for Q1 2026, unchanged from prior quarter.

## SEC filing metadata
- accession: 0001437749-26-017039
- form_type: 8-K
- ticker: CLPR
- cik: 0001649096
- company_name: Clipper Realty Inc.
- filed_at: 2026-05-14T20:03:05+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649096/000143774926017039/0001437749-26-017039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649096/000143774926017039/clpr20260513_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-017039
- JSON: https://secwatch.observer/filing/0001437749-26-017039.json
- Plain text: https://secwatch.observer/filing/0001437749-26-017039.txt

## Key facts
- Earnings Releases
  Clipper Realty Inc. reported the three months ended March 31, 2026 results: revenue $38.1 million, net income net loss of $11.1 million.
  - Period: the three months ended March 31, 2026
  - Revenue: $38.1 million
  - Net income: net loss of $11.1 million
  - Result: reported results
  source text: Quarterly revenues of $38.1 million for the first quarter of 2026 vs $39.4 million for the first quarter of 2025, including quarterly residential revenues of $31.9 million for the first quarter of 2026 vs $29.2 million for the first quarter of 2025, an increase of $2.7 million, or 9.3% and quarterly commercial revenues for the first quarter of 2026 of $6.2 million vs $10.2 million for the first quarter of 2025, a decrease of $4.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649096/000143774926017039/0001437749-26-017039-index.htm

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