secwatch.observer — SEC 8-K summary
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Issuer:     Clipper Realty Inc. (CLPR)
CIK:        0001649096
Form:       8-K
Filed at:   2026-07-02T20:01:14+00:00
Accession:  0001437749-26-022495
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Clipper Realty subsidiary agrees to market $125M loan on 250 Livingston; lender may foreclose after 45-day period
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- Borrower (250 Livingston Owner LLC) and lender (Wells Fargo as trustee) agreed to jointly market and sell the $125M loan to a third-party buyer.
- Marketing period began June 4, 2026, ends 45 days later; lender may extend at its sole discretion.
- After marketing period, lender has right to foreclose on the property or accept deed in lieu of foreclosure.
- Borrower retains right to submit an offer to purchase the loan during the marketing period.
- Loan originally dated May 31, 2019, matures June 6, 2029, bears 3.63% interest, interest-only payments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1649096/000143774926022495/0001437749-26-022495-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1649096/000143774926022495/clpr20260630_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-022495

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