Clipper Realty Inc. Announces Third Quarter 2026 Results
Clipper Realty posted record Q3 2026 revenue of $40.5 million, up from $37.7 million a year earlier, driven by 14.1% residential revenue growth and strong occupancy; new free-market leases exceeded prior rents by 9%. Underneath the top line, AFFO fell to $4.1 million ($0.10/share) from $5.6 million ($0.13/share) and the net loss widened to $5.9 million from $4.6 million, largely tied to the NYC lease termination at 250 Livingston Street, where a receiver was appointed in April 2026 and the lender holds foreclosure rights under a June 2026 Consent and Cooperation Agreement.
Key figures
- Revenue
- 40500000
- Revenue Yoy
- $2.8 million increase vs Q3 2025 ($40.5M vs $37.7M)
- Noi
- 22300000
- Affo
- 4100000
- Affo per share
- 0.1
- Dividend per share
- 0.095
- Cash and equivalents
- 30600000
- Income from operations
- 9900000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.