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Clipper Realty Inc.

For the period ended Aug 6, 2026. Filed Aug 6, 2026.

View on SEC.gov

About this filing

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.

Aug 6, 2026 · Filed Aug 6, 2026

CLPR$3.25-1.5%Stored close · as of Nov 6, 2026
See the whole filing, with its images and exhibits

EX-99.1 · (In thousands, except per share data)

** (In thousands, except per share data)**

** (Unaudited)**

​ · ​ · Three Months Ended June 30, · ​ · ​ · Six Months Ended June 30, · ​
​ · ​ · 2026 · ​ · ​ · 2025 · ​ · ​ · 2026 · ​ · ​ · 2025 · ​
​​​​​​​​​​​​​​​​​
REVENUES​​​​​​​​​​​​​​​​
Residential rental income​$32,222​​$29,054​​$64,126​​$58,244​
Commercial rental income​​6,353​​​9,982​​​12,564​​​20,190​
TOTAL REVENUES​​38,575​​​39,036​​​76,690​​​78,434​
​​​​​​​​​​​​​​​​​
OPERATING EXPENSES​​​​​​​​​​​​​​​​
Property operating expenses​​9,272​​​9,561​​​19,602​​​19,672​
Real estate taxes and insurance​​7,429​​​7,518​​​15,126​​​15,145​
General and administrative​​4,253​​​3,819​​​8,360​​​7,644​
Transaction pursuit costs​​-​​​(10)​​-​​​(10)
Depreciation and amortization​​8,023​​​7,314​​​16,002​​​14,950​
Impairment of Long-Lived Assets​​-​​​-​​​-​​​33,780​
TOTAL OPERATING EXPENSES​​28,977​​​28,202​​​59,090​​​91,181​
​​​​​​​​​​​​​​​​​
Litigation settlement and other​​(209)​​(26)​​(3,809)​​(26)
​​​​​​​​​​​​​​​​​
INCOME FROM OPERATIONS​​9,389​​​10,808​​​13,791​​​(12,773)
​​​​​​​​​​​​​​​​​
Loss on disposal of long-lived assets(685)(685)
Interest expense, net​​(15,654)​​(11,479)​​(31,200)​​(23,001)
​​​​​​​​​​​​​​​​​
Net loss​​(6,265)​​(1,356)​​(17,409)​​(36,459)
​​​​​​​​​​​​​​​​​
Net loss attributable to non-controlling interests​​3,882​​​840​​​10,788​​​22,596​
Net loss attributable to common stockholders​$(2,383)​$(516)​$(6,621)​$(13,863)
​​​​​​​​​​​​​​​​​
Basic and diluted net loss per share​$(0.19)​$(0.07)​$(0.49)​$(0.93)
​​​​​​​​​​​​​​​​​
Weighted average common shares / OP units​​​​​​​​​​​​​​​​
Common shares outstanding​​16,158​​​16,147​​​16,154​​​16,147​
OP units outstanding​​26,317​​​26,317​​​26,317​​​26,317​
Diluted shares outstanding​​42,475​​​42,464​​​42,471​​​42,464​
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.