secwatch.observer — SEC 8-K summary
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Issuer:     Clipper Realty Inc. (CLPR)
CIK:        0001649096
Form:       8-K
Filed at:   2026-05-14T20:03:05+00:00
Accession:  0001437749-26-017039
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649096/000143774926017039/0001437749-26-017039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649096/000143774926017039/clpr20260513_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-017039

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