Clipper Realty Inc.
For the period ended Nov 4, 2026. Filed Nov 4, 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.
Nov 4, 2026 · Filed Nov 4, 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)**
** (Unaudited)**
| · · Three Months Ended September 30, · · · Nine Months Ended September 30, · | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| · · 2026 · · · 2025 · · · 2026 · · · 2025 · | ||||||||||||||||
| | | | | | | | | | | | | | | | | |
| REVENUES | | | | | | | | | | | | | | | | |
| Residential rental income | | $33,964 | | | $29,773 | | | $98,090 | | | $88,017 | | ||||
| Commercial rental income | | | 6,520 | | | | 7,925 | | | | 19,084 | | | | 28,115 | |
| TOTAL REVENUES | | | 40,484 | | | | 37,698 | | | | 117,174 | | | | 116,132 | |
| | | | | | | | | | | | | | | | | |
| OPERATING EXPENSES | | | | | | | | | | | | | | | | |
| Property operating expenses | | | 9,665 | | | | 9,215 | | | | 29,267 | | | | 28,887 | |
| Real estate taxes and insurance | | | 8,400 | | | | 7,894 | | | | 23,526 | | | | 23,039 | |
| General and administrative | | | 4,376 | | | | 3,697 | | | | 12,736 | | | | 11,341 | |
| Transaction pursuit costs | | | - | | | | 10 | | | | - | | | | - | |
| Depreciation and amortization | | | 8,112 | | | | 7,997 | | | | 24,114 | | | | 22,947 | |
| Impairment of Long-Lived Assets | | | - | | | | - | | | | - | | | | 33,780 | |
| TOTAL OPERATING EXPENSES | | | 30,553 | | | | 28,813 | | | | 89,643 | | | | 119,994 | |
| | | | | | | | | | | | | | | | | |
| Litigation settlement and other | | | (50) | | | - | | | | (3,859) | | | (26) | |||
| | | | | | | | | | | | | | | | | |
| INCOME FROM OPERATIONS | | | 9,881 | | | | 8,885 | | | | 23,672 | | | | (3,888) | |
| | | | | | | | | | | | | | | | | |
| Loss on disposal of long-lived assets | | | - | | | | (172) | | | - | | | | (857) | ||
| Interest expense, net | | | (15,793) | | | (13,320) | | | (46,993) | | | (36,321) | ||||
| | | | | | | | | | | | | | | | | |
| Net loss | | | (5,912) | | | (4,607) | | | (23,321) | | | (41,066) | ||||
| | | | | | | | | | | | | | | | | |
| Net loss attributable to non-controlling interests | | | 3,663 | | | | 2,856 | | | | 14,451 | | | | 25,451 | |
| Net loss attributable to common stockholders | | $(2,249) | | $(1,751) | | $(8,870) | | $(15,615) | ||||||||
| | | | | | | | | | | | | | | | | |
| Basic and diluted net loss per share | | $(0.18) | | $(0.14) | | $(0.67) | | $(1.07) | ||||||||
| | | | | | | | | | | | | | | | | |
| 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 | |
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