Clipper Realty

Clipper Realty, Inc. engages in the acquisition, owning, managing, operating, and repositioning of real estate properties. The firm operates through the Residential and Commercial segments. The Residential segment consists of the Flatbush Gardens, the Clover House, the 10 West 65th Street, the 1010 Pacific Street, and portions of the 250 Livingston Street, Tribeca House, and Aspen properties. The Commercial segment includes the 141 Livingston Street and portions of the 250 Livingston Street, Tribeca House, and Aspen properties. The company was founded by Shmuel David Levinson and David Bistricer on July 7, 2015 and is headquartered in Brooklyn, NY.

Earnings data Q1 2021

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Earnings data Q1 2024

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Earnings data Q3 2024

Earnings data Q4 2024

Clipper Realty reports record Q4 earnings, focuses on growth strategies

Clipper Realty (CLPR) delivered a strong performance in Q4 2022 with record revenue, NOI, and AFFO, supported by high lease rates and successful project completion.
The company's focus on optimizing operations and rewarding shareholders through dividends underscores its commitment to sustainable growth.
While facing challenges in a competitive market and economic uncertainties, Clipper Realty has opportunities to drive further revenue growth and operational efficiency.

Clipper Realty (CLPR) reports record revenue and plans for growth

Clipper Realty (CLPR) delivered a strong performance in Q1 2023, showcasing robust financial results and operational efficiency.
With high occupancy rates, successful property developments, and plans for future growth, the company is well-positioned for continued success.
While facing potential challenges from market uncertainties, Clipper Realty can capitalize on opportunities for expansion and strategic growth initiatives.

Clipper Realty reports record Q2 revenue and operational strength

Clipper Realty's Q2 performance reflects strong financial results, operational excellence, and progress on key developments, positioning the company for continued success.
While facing challenges in managing expenses, capital expenditures, and meeting financial targets, Clipper Realty's strengths in leasing performance and property value enhancement offer a solid foundation for growth.
With opportunities for expansion, maximizing rental demand, and driving value creation, Clipper Realty is poised to navigate challenges and capitalize on growth prospects in the real estate market.

Clipper Realty (CLPR) achieves record Q3 results amid market challenges

Clipper Realty (CLPR) delivered a strong performance in Q3 2023, reporting record operating results and financial metrics.
Despite challenges and uncertainties, the company's focus on operational efficiency and growth opportunities bodes well for future success.
Overall, Clipper Realty's emphasis on transparency, financial discipline, and market positioning sets a positive trajectory for continued growth and performance.

Clipper Realty reports record Q4 earnings, focuses on growth

Clipper Realty delivered strong financial results in Q4 2023, driven by record operating income and AFFO. Despite potential challenges ahead, the company remains focused on operational efficiency, growth opportunities, and completing development projects to drive future success.

Clipper Realty (CLPR) achieves record Q1 earnings amidst market challenges

Clipper Realty's Q1 2024 performance showcased strong financial results, driven by robust leasing activity and cost efficiencies. The company's emphasis on optimizing operations, completing developments, and addressing challenges like property transitions underscores its commitment to sustainable growth. With a solid financial foundation and strategic initiatives in place, Clipper Realty is poised for continued success in the real estate market.

Clipper Realty (CLPR) achieves record Q2 results amid market challenges

Clipper Realty (CLPR) delivered a strong performance in Q2 2024, reporting record operating results and financial metrics amidst a challenging market environment.
The company's emphasis on residential leasing, expense management, and strategic growth initiatives positions it well for future success and value creation.
While facing uncertainties and challenges, Clipper Realty remains focused on optimizing operations, pursuing growth opportunities, and enhancing shareholder value.

Clipper Realty (CLPR) achieves record Q3 results amidst operational strength

Clipper Realty (CLPR) delivers a strong Q3 performance with record revenue, NOI, and AFFO driven by robust residential activity and operational efficiency.
The company's focus on development projects, high occupancy rates, and fixed operating debt at favorable rates position it well for future growth.
While facing challenges in property optimization and lease negotiations, Clipper Realty's commitment to shareholder value and market opportunities bode well for its long-term success.

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Clipper Realty, Inc. engages in the acquisition, owning, managing, operating, and repositioning of real estate properties. The firm operates through the Residential and Commercial segments. The Residential segment consists of the Flatbush Gardens, Clover House, 10 West 65th Street, 1010 Pacific Street, and portions of 250 Livingston Street, Tribeca House, and Aspen properties. The Commercial segment includes the 141 Livingston Street and portions of the 250 Livingston Street, Tribeca House, and Aspen properties. The company was founded by Shmuel David Levinson and David Bistricer on August 2015 and is headquartered in Brooklyn, NY.

Bear Of The Day: Clipper Realty (CLPR)

Clipper Realty, Inc. (CLPR) CEO David Bistricer on Q3 2020 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced financial and operating results for the three months ended September 30, 2020. Highlights for the Three Months Ended September 30, 2020 Achieved quarterly revenues of $29.6 million for the third quarter of 2020, representing an increase of 0.6% compared to the same period in 2019 Achieved

Clipper Realty Inc. Announces Third Quarter 2020 Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced that it will release financial results for the quarter ended September 30, 2020, after the market closes on Monday, November 9, 2020. The Company will host a conference call that same day at 5:00 PM (ET) to discuss the financial results and provide a business update pertaining to the COVID-19 pa

Clipper Realty Inc. to Report Third Quarter 2020 Financial Results

Apartment Investment and Management

American Homes 4 Rent

Preferred Apartment Communities

AvalonBay Communities

Bluerock Residential Growth REIT

Camden Property

Equity LifeStyle Properties

Equity Residential

Essex Property Trust

Invitation Homes

Independence Realty Trust

Mid-America Apartment Communities

NexPoint Residential Trust

Sun Communities

Several housing REITs remain very attractive. Apartment REITs in particular are attractive due to huge discounts to NAV and high market-implied cap rates. ELS reported Q3 2020 normalized FFO at $.55 per share, beating estimates and last year's value by $.02. NAREIT FFO was lower, but we would favor using the normalized value.

Housing REITs Remain Cheap

Blackstone Mortgage Trust

Realty Income Corp

Unique Doesn't Mean Useful

We're still seeing great bargains throughout the apartment REIT subsector.

Loaded Up On Apartments

The best opportunities are today in hated sectors that will still work in the future.

I'm Buying Apartment REITs Hand Over Fist

Clipper Realty is set to hit financial records in Q1 2021 and turn a GAAP net profit for the first time in Q4 2020.

Clipper: Something Doesn't Add Up

Many apartment REITs remain at substantial discounts to NAV. There is a clear correlation with coastal properties and larger discounts to NAV.

Don't Evict Dividend Growers

Plymouth Industrial REIT

Postal Realty Trust

REITs Get No Respect - But They Should

Clipper Realty, Inc. (CLPR) CEO David Bistricer on Q2 2020 Results - Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced financial and operating results for the three months ended June 30, 2020.

Clipper Realty Inc. Announces Second Quarter 2020 Results

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR) (the “Company”), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced that it will release financial results for the quarter ended June 30, 2020, after the market closes on Monday, August 10, 2020.

Clipper Realty Inc. to Report Second Quarter 2020 Financial Results

Clipper Realty, Inc. (CLPR) CEO David Bistricer on Q1 2020 Results - Earnings Call Transcript

Clipper Realty Inc. (CLPR) CEO David Bistricer on Q4 2019 Results - Earnings Call Transcript

Clipper Realty Inc (CLPR) David Bistricer on Q3 2019 Results - Earnings Call Transcript

Clipper Realty Inc (CLPR) CEO David Bistricer on Q3 2019 Results - Earnings Call Transcript

Clipper Realty's (CLPR) CEO David Bistricer on Q2 2019 Results - Earnings Call Transcript

Clipper Realty (CLPR) likely to record decent demand for its properties in Q2, backed by a healthy job market and stable economic environment in the region.

What to Expect From Clipper Realty (CLPR) in Q2 Earnings?

Clipper Realty has been struggling lately, but the selling pressure may be coming to an end soon.

Clipper Realty Sees Hammer Chart Pattern: Time to Buy?

Clipper Realty Inc. (CLPR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Clipper Realty Inc. (CLPR) Upgraded to Strong Buy: Here's Why

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

News for Clipper Realty Stock (CLPR)