Recent 8-K filings for CLPR
Highest-materiality recent filing
Lender sues Clipper Realty subsidiary over $125M loan default; $6.3M interest owed
- 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.
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Clipper Realty Q2 net loss widens to $6.3M; AFFO drops to $3.8M; progress on 250 Livingston loan
Q2 2026 revenue $38.6M vs $39.0M YoY; residential revenue up $3.1M to $32.2M, commercial down $3.6M to $6.4M.
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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.
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Clipper Realty annual meeting elects 7 directors, ratifies auditor, approves say-on-pay
All seven director nominees elected with at least 93% of votes cast (excluding broker non-votes).
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Clipper Realty Q1 2026: residential revenue up 9.3%, net loss narrows to $11.1M
Revenue $38.1M, down 3.3% YoY; residential $31.9M (+9.3%), commercial $6.2M (down from $10.2M).
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Lender sues Clipper Realty subsidiary over $125M loan default; $6.3M interest owed
Lender filed complaint March 25, 2026, seeking foreclosure and receiver for 250 Livingston St. property.
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Clipper Realty Q4 net loss widens to $11.3M; AFFO drops to $1.7M from $8.1M
Net loss of $11.3M ($0.30/share) vs $1.1M loss a year ago; AFFO fell to $1.7M from $8.1M.
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Clipper Realty settles litigation, modifies $100M loan with $10M LOC and $2.2M fees
Agreement resolves pending foreclosure action; Lender dismisses suit with prejudice.
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Clipper Realty subsidiary in default on $125M loan; foreclosure threatened; $3.4M owed
250 Livingston subsidiary received default notice on $125M loan; owed ~$3.4M in interest/default interest as of Dec 22, 2025.
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Clipper Realty Q3 net loss widens to $5.6M; AFFO falls to $5.6M
Revenue $37.7M, flat YoY; residential up 6.9% but commercial down $1.8M from 250 Livingston lease termination.
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Clipper Realty subsidiary refinances $80M loan with new $84.5M loan at 5.73%, due 2030
New $84.5M loan secured by 1010 Pacific Street, Brooklyn; bears 5.73% interest, matures Oct 6, 2030.
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Clipper Realty Q2 2025 revenue up 5% to $39M; AFFO record $8.3M, up 18%
Quarterly revenues $39.0M (+5% YoY); record NOI $22.1M (+5%); AFFO $8.3M (+18%).
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Clipper Realty shareholders approve 2025 Omnibus and Non-Employee Director Plans
Stockholders approved the 2025 Omnibus Incentive Compensation Plan at the June 18, 2025 Annual Meeting.
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All seven director nominees elected; votes for ranged from 31,173,708 (Ivanhoe) to 33,441,269 (Burger); broker non-votes of 5,236,221.
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Clipper Realty completes sale of NYC property for $45.5M, repays $31.2M mortgage
Gross sale price $45.5M; after closing costs (~$1.9M) and mortgage payoff ($31.2M + $0.8M interest), net cash proceeds ~$13.8M.
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On May 13, 2025, the court denied Wells Fargo's motion to appoint a receiver for 141 Livingston Street, stating plaintiff's likelihood of prevailing appears remote.
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Clipper Realty Q1 revenue up 10% to $39.4M; net loss $35.1M includes $33.8M impairment
Record revenue $39.4M (+10% YoY); NOI $21.8M (+8%); residential revenue +11.8%.
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Clipper Realty closes $160M refinancing for Dean Street Property; repays $126M prior loans
Entered $115M senior and $45M mezzanine loans with MF1 Capital; additional $18.2M available under mezzanine.
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Clipper Realty sells 10 West 65th St for $45.5M, expects $32-34M impairment
Subsidiary entered Purchase and Sale Agreement for $45.5M; $4.6M deposit in escrow.
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Clipper Realty Q4 2024 revenue $38.0M, net loss narrows to $1.1M, AFFO record $8.1M
Q4 2024 revenue $38.0M (+9.1% YoY); net loss $1.1M ($0.05/share) vs $2.9M loss YoY.
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Clipper Realty subsidiary's $100M loan accelerated; disputes default
Special servicer notified on Nov 11, 2024 that $100M loan for 141 Livingston property was accelerated due to alleged failure to make reserve payments starting July 2024.
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Clipper Realty reports Q3 2024 record revenue $37.6M, net loss narrows to $1.1M
Q3 2024 revenue $37.6M (+6.8% YoY); record NOI $21.8M; AFFO $7.8M ($0.18/share).
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Clipper Realty Q2 revenue $37.3M (+8.3% YoY); net loss narrows to $1.7M
Record quarterly revenue of $37.3M, up 8.3% YoY; net loss of $1.7M ($0.06/share) vs loss of $3.3M ($0.10/share) last year.
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Clipper Realty stockholders approve all proposals at 2024 annual meeting
Seven director nominees elected: Bistricer, Levinson, Lorber, Ivanhoe, Verrone, Spolan, Burger; all received majority votes.
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Clipper Realty Q1 2024 record revenue $35.8M; net loss narrows to $2.7M
Revenue rose 6.2% YoY to $35.8M; NOI record $20.2M; AFFO $5.9M ($0.14/share).
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Clipper Realty Reports Q4 2023 Revenue of $34.9M, Net Loss of $2.9M, AFFO of $6.3M
Quarterly revenues increased 5.6% to $34.9 million for Q4 2023.
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Clipper Realty's NYC tenant terminates 342,496 sq ft lease; $15.4M annual rent at risk
NYC notified Clipper Realty of intent to terminate lease at 240-250 Livingston Street effective August 23, 2025.
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Clipper Realty Q3 2023: record revenue $35.1M, AFFO $6.3M, net loss narrows to $2.3M
Record quarterly revenue $35.1M (+7.1% YoY); NOI $20.0M (record); AFFO $6.3M ($0.15/share).
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Refinanced $37M mortgage on Dean Street with $115M senior construction loan from Valley National Bank and $8M mezzanine loan from BADF 953 Dean Street Lender LLC.
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Clipper Realty Q2 revenue record $34.5M; net loss $3.3M; Flatbush Gardens 40-year HPD deal
Record quarterly revenue of $34.5M, up 8.3% YoY; record NOI of $19.2M.
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Clipper Realty signs 40-year tax exemption deal for Flatbush Gardens, saving ~$7.4M/yr
40-year Article XI agreement with NYC HPD provides full real estate tax abatement worth ~$7.4M annually.
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All seven director nominees elected; vote totals range from 30.1M (Lorber) to 34.2M (Burger) votes for.
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Clipper Realty Q1 net loss widens to $7.1M despite record revenue of $33.7M
Net loss of $7.1M ($0.19/share) vs $3.5M loss a year ago; includes $3.9M loss on debt extinguishment.
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Clipper Realty Q4 revenue up 7.3% to $33.0M; net loss narrows to $3.4M
Record quarterly revenue of $33.0M, up 7.3% YoY from $30.8M.
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Clipper Realty Q3 2022: Record revenue $32.8M, net loss narrows to $2.8M
Revenue $32.8M, up 7.2% YoY; record NOI $17.4M; leased occupancy 99.1%.
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Clipper Realty dismisses BDO, engages PKF O'Connor Davies as new auditor
Effective September 29, 2022, dismissed BDO USA and engaged PKF O'Connor Davies for fiscal year 2022.
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Clipper Realty Q2 2022: Revenue $31.9M (+4% YoY), net loss $3.0M ($0.08/sh), AFFO $5.1M
Revenue $31.9M (+4% YoY), income from operations $7.1M, NOI $17.2M.
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All seven director nominees elected with between 30.3M and 34.4M votes for; broker non-votes ~4.95M.
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Clipper Realty Q1 revenue record $32.1M; net loss narrows to $3.5M
Revenue $32.1M (+4.6% YoY); net loss $3.5M vs $7.1M prior year.
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Clipper Realty Q4 2021 net loss widens to $6.2M; revenue $30.8M, up 1.6% YoY
Q4 2021 revenue $30.8M (+1.6% YoY); net loss $6.2M (-$0.16/sh) vs $3.8M loss in Q4 2020.
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Clipper Realty Q3 revenue up 2% to $30.6M; net loss widens to $3.4M
Q3 revenue of $30.6M (+2% YoY); net loss $3.4M ($0.09/shr) vs $2.9M loss a year ago.
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Clipper Realty Q2 2021 revenue $30.7M, net loss $3.2M, AFFO $4.1M
Revenue of $30.7M down 1.6% YoY; net loss improved to $3.2M ($0.09 per share) from $5.2M loss in Q2 2020.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.85 · Median 0.65 · Most common event earnings