Clipper Realty Inc.
For the period ended Mar 31, 2026. Filed May 14, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Mar 31, 2026 · Filed May 14, 2026
CLPR$3.25-1.5%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In thousands, except per share data)
(In thousands, except per share data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| REVENUES | ||
| Residential rental income | $31,904 | $29,190 |
| Commercial rental income | 6,211 | 10,208 |
| TOTAL REVENUES | 38,115 | 39,398 |
| OPERATING EXPENSES | ||
| Property operating expenses | 10,330 | 10,111 |
| Real estate taxes and insurance | 7,697 | 7,627 |
| General and administrative | 4,107 | 3,825 |
| Depreciation and amortization | 7,979 | 7,636 |
| Impairment of Long-Lived Assets | - | 33,780 |
| TOTAL OPERATING EXPENSES | 30,113 | 62,979 |
| Litigation settlement and other | (3,600) | - |
| INCOME FROM OPERATIONS | 4,402 | (23,581) |
| Interest expense, net | (15,546) | (11,522) |
| Net loss | (11,144) | (35,103) |
| Net loss attributable to non-controlling interests | 6,906 | 21,756 |
| Net loss attributable to common stockholders | $(4,238) | $(13,347) |
| Basic and diluted net loss per share | $(0.30) | $(0.86) |
| Weighted average common shares / OP units | ||
| Common shares outstanding | 16,150 | 16,147 |
| OP units outstanding | 26,317 | 26,317 |
| Diluted shares outstanding | 42,467 | 42,464 |
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