Welcome to our dedicated page for Clipper Realty SEC filings (Ticker: CLPR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings for Clipper Realty Inc. (NYSE: CLPR) provide detailed insight into its operations as a self-administered and self-managed real estate company focused on multifamily residential and commercial properties in the New York metropolitan area. Through annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, the company discloses information about its properties, segment results, financing arrangements and governance.
In these filings, Clipper Realty presents residential and commercial rental income, property operating expenses, real estate taxes and insurance, general and administrative costs, depreciation and amortization, and net income or loss. The company also reconciles non-GAAP measures such as NOI, FFO and AFFO to the most comparable GAAP metrics, explaining how these measures are used to evaluate property performance and cash generation.
Current reports on Form 8-K highlight material events affecting specific properties and loans. Examples include loan agreements and modifications secured by 141 Livingston Street, events of default and potential foreclosure actions related to 250 Livingston Street, and a refinancing secured by the 1010 Pacific Street residential property. These filings describe principal amounts, interest rates, maturities, guarantees and key covenants or events of default.
Other filings cover stockholder and governance matters, such as the results of the Annual Meeting of Stockholders and the approval of equity incentive plans. Together, these documents give a structured view of Clipper Realty’s capital structure, property-level financing, lease arrangements with tenants such as New York City agencies and the company’s approach to compensation and oversight.
On this page, users can access Clipper Realty’s SEC reports as they are posted to EDGAR and use AI-powered summaries to quickly understand complex documents, including 10-K and 10-Q disclosures, 8-K event descriptions and any reported debt or lease modifications.
Clipper Realty (CLPR) Q2 2025 10-Q highlights: Total revenue rose 4.5% YoY to $39.0 million, driven by a 4.7% rise in residential rent and a 4.0% lift in commercial rent. Operating expenses increased only 3.1%, lifting income from operations to $10.8 million (Q2 2024: $10.0 million). Nevertheless, higher interest expense and a $0.7 million loss on asset disposal kept Q2 net loss to common shareholders at $0.5 million, or –$0.07 per share. For the six-month period, a $33.8 million impairment on 10 W 65th Street pushed the net loss to $36.5 million (–$0.93 per share).
Balance-sheet & liquidity: Net real-estate assets fell to $1.16 billion after the impairment and May 30 sale of 10 W 65th for $45.5 million (repaying a $31.2 million mortgage). Cash & restricted cash climbed to $60.8 million, aided by $1.1 million of released escrows. Debt remains heavy at $1.28 billion with a negative equity position of $57.7 million. The $125 million 250 Livingston and $100 million 141 Livingston loans are under special servicing amid alleged covenant defaults; related litigation seeks a receiver and cash sweeps. Key NYC government leases that supply meaningful office rent expire/terminate between August and December 2025, creating renewal risk. Operating cash flow held at $15.0 million; dividend/distribution payments totaled $3.1 million per quarter.
On June 18, 2025, Clipper Realty Inc. (NYSE: CLPR) convened its 2024 Annual Meeting of Stockholders. All management-supported items described in the April 30, 2025 proxy statement were approved.
- Board elections: All seven nominees—led by CEO David Bistricer—were re-elected. Each received roughly 31-33 million “For” votes versus 0.2-2.5 million “Withheld”; 5.24 million broker non-votes were recorded.
- Auditor ratification: PKF O’Connor Davies, LLP was re-appointed with 38.84 million “For,” only 50,405 “Against,” and 10,248 abstentions.
- 2025 Omnibus Incentive Plan: Passed with 30.65 million “For” and 3.00 million “Against.”
- 2025 Non-Employee Director Plan: Passed with 30.98 million “For” and 2.68 million “Against.”
The filing is primarily a corporate-governance update; it does not contain operational or financial performance data. Approval of the incentive and director plans ensures continued equity-based compensation flexibility, while uncontested board and auditor votes signal broad shareholder support and governance continuity.