Every material Form 8-K Clipper Realty Inc. has filed with the SEC since July 02, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Clipper Realty reported third-quarter 2026 revenue of $40.5 million, up from $37.7 million a year earlier, driven by residential leasing, while its net loss widened to $5.9 million ($0.18 per share) from $4.6 million ($0.14 per share). The company said $4.1 million of the loss tied to the 2025 termination of the NYC lease at its 250 Livingston Street office property is substantially non-cash, and it declared an unchanged $0.095 per share quarterly dividend.
Revenue was $40.5 million vs $37.7 million: residential up $4.2 million, commercial down $1.4 million after the NYC lease termination.
Net loss was $5.9 million ($0.18 per share) vs $4.6 million ($0.14 per share); $4.1 million of the loss was linked to the 250 Livingston Street lease termination.
AFFO was $4.1 million ($0.10 per share) vs $5.6 million ($0.13 per share) a year earlier.
Quarterly dividend of $0.095 per share, the same as last quarter, payable November 25, 2026 to holders of record on November 16, 2026.
Clipper Realty reported second-quarter 2026 revenue of $38.6 million, down slightly from $39.0 million a year earlier, while its net loss widened to $6.3 million from $1.4 million. The company attributed most of the loss increase to a $5.7 million charge tied to the termination of the NYC lease at 250 Livingston Street, which it said is substantially non-cash, and AFFO fell to $3.8 million from $8.3 million, so shareholders face weaker results and an unresolved lender situation at that office property.
Revenue of $38.6 million vs $39.0 million; residential revenue rose $3.1 million to $32.2 million while commercial revenue fell $3.6 million to $6.4 million.
Net loss of $6.3 million ($0.19 per share) vs $1.4 million ($0.07 per share) a year earlier; the 250 Livingston Street lease termination accounted for a $5.7 million charge.
AFFO of $3.8 million ($0.09 per share) vs $8.3 million ($0.20 per share), with the 250 Livingston Street lease termination cited as a $5.8 million reduction.
Declared a second-quarter dividend of $0.095 per share, unchanged from last quarter, payable August 26, 2026 to holders of record on August 18, 2026.
Clipper Realty's subsidiary 250 Livingston Owner LLC agreed with the lender, Wells Fargo as trustee for the GS Mortgage Securities Trust 2019-GC40 securitization, to jointly market and sell its $125.0 million loan, secured by the 250 Livingston Street property in Brooklyn, during a 45-day marketing period that began June 4, 2026. If the loan is not sold, the lender has the right at the end of that period to foreclose on the property, including taking the deed in lieu of foreclosure, which could cause shareholders to lose the property that secures the loan.
The $125.0 million loan bears 3.63% interest, requires interest-only payments and matures June 6, 2029.
The Consent and Cooperation Agreement became effective June 4, 2026, starting a 45-day marketing period that the lender may extend at its sole discretion.
At the end of the marketing period, the lender may foreclose on the property or take the deed in lieu; the borrower may submit an offer to buy the loan.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Clipper Realty Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →