Earnings ·
Clipper Realty Inc. reported second quarter 2026 financial results showing quarterly revenues of $38.6 million and a…
CLPRClipper Realty Inc.
Clipper Realty Inc. reported second quarter 2026 financial results showing quarterly revenues of $38.6 million and a net loss of $6.3 million ($0.19 per share). The company declared a quarterly dividend of $0.095 per share, payable August 26, 2026 to shareholders of record on August 18, 2026. Results were impacted by the termination of the NYC lease at the 250 Livingston Street office property in August 2025 and progress in resolving lender issues there. Residential revenues increased to $32.2 million due to strong leasing, while commercial revenues fell to $6.4 million. The company operates multifamily residential and commercial properties in the New York metropolitan area.