Clipper Realty Q3 revenue rises to $40.5 million; net loss widens to $5.9 million
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.
Key points
- 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.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
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.