Clipper Realty Inc. (CLPR) Form 8-K — Nov 4, 2026
Clipper Realty posted record Q3 2026 revenues of $40.5 million, up from $37.7 million a year earlier, driven by a 14.1% increase in residential rental income and strong occupancy across its New York portfolio. The quarter still produced a $5.9 million net loss ($0.18 per share), wider than the $4.6 million loss in Q3 2025, and AFFO fell to $4.1 million ($0.10 per share) from $5.6 million, largely due to the NYC lease termination at 250 Livingston Street. The company continues to resolve lender issues at 250 Livingston Street, having agreed in June 2026 to a loan sale process after which the lender may foreclose or take a deed in lieu; as of November 4, 2026, no such action had been taken.
Key figures
- Revenue
- 40500000
- Revenue Yoy
- up $2.8 million vs $37.7 million in Q3 2025
- Total Assets
- 1216640000
- Cash Position
- 30632000
- Noi q3 2026
- $22.3 million vs $20.8 million Q3 2025
- Affo q3 2026
- $4.1 million ($0.10/share) vs $5.6 million ($0.13/share) Q3 2025
- Q3 2026 net loss
- $5.9 million vs $4.6 million Q3 2025
- Commercial revenue
- $6.5 million vs $7.9 million Q3 2025
- Dividend per share
- 0.095
- Shares outstanding
- 16157566
- Residential revenue
- $34.0 million vs $29.8 million Q3 2025 (+14.1%)
- Free market lease spread
- new leases exceeded previous rents by 9%, renewals by over 5%
AI analysis
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