Clipper Realty Inc. Announces Fourth Quarter 2023 Results Financial Results for the Three Months Ended December 31, 2023 At December 31, 2023, notes payable (excluding unamortized loan costs) was $1,219.0 million, compared to $1,171.2 million at December 31, 2022. The increase was primarily due to the permanent financing on the Pacific House loan entered in 2023 and draws made on Dean Street development in the fourth quarter of 2023. Clipper Realty Inc. (NYSE: CLPR) is a self-administered and self-managed r ...

NEW YORK--(BUSINESS WIRE)--Clipper Realty Inc. (NYSE: CLPR), an owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced the Federal income tax treatment of its 2023 dividends to holders of its common stock.   Record Date   Payable Date   Total Dividend Per Share   Ordinary Dividend   Qualified Dividend   Nontaxable Dividend 3/27/2023 4/05/2023 $0.0950 $0.0095 $0.0000 $0.0855 5/15/2023 ...

Company Participants Larry Kreider - Chief Financial Officer Good day and welcome to the Clipper Realty Quarterly Earnings Call. At this time, all participants have been placed on a listen-only mode and the floor will be open for questions and comments after the presentation. Please be aware the statements made during the call that are not historical may be deemed forward-looking statements and actual results may differ materially from those indicated by such forward-looking statements. These statements are ...

Net loss. As a result of the foregoing, net loss increased to $11,274 for the nine months ended September 30, 2023, from $9,217 for the nine months ended September 30, 2022. Liquidity and Capital Resources As of September 30, 2023, we had $1,197 million of indebtedness, net of unamortized issuance costs, secured by our properties, $22.5 million of cash and cash equivalents, and $14.9 million of restricted cash. See Note 5, "Notes Payable" of our consolidated financial statements for a discussion of the Comp ...

Larry Kreider - Chief Financial Officer Conference Call Participants Good day, and welcome to the Clipper Realty Second Quarter Earnings Call. At this time, all participants have been placed on a listen-only mode and the floor will be open for questions and comments after the presentation. Company Participants J.J. Bistricer - Chief Operating Officer Craig Kucera - B. Riley Securities It is now my pleasure to turn the floor over to your host, Larry Kreider. The floor is yours. Thank you, and good afternoon. ...

3. Acquisitions | --- | --- | --- | --- | --- | |-------------------------------------------------------------|-------|-------------------------------|-------|---------------------| | | | June 30, 2023 \n(unaudited) | | December 31, 2022 | | Deferred costs | | $ 348 | $ | 348 | | Lease origination costs | | 1,463 | | 1,376 | | In-place leases | | 428 | | 428 | | Real estate tax abatements | | 9,142 | | 9,142 | | Total deferred costs and intangible assets | | 11,381 | | 11,294 | | Less accumulated amortizati ...

I will now open the line for your questions. Question-and-Answer Session Operator Thank you. [Operator Instructions] Thank you. The first question comes from Buck Horne with Raymond James. Buck, please proceed. Thanks, guys. Good afternoon and congrats on the progress. Wondering if we could just revisit Flatbush. And going back to late last year, it sounded like you guys were marketing the property or at least taking some indications of interest in the market to see if there was a potential buyer or a trans ...

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38010 CLIPPER REALTY INC. (Exact name of Registrant as specified in its charter) Maryland 47-4579660 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Se ...

Clipper Realty, Inc. (NYSE:CLPR) Q4 2022 Earnings Conference Call March 16, 2023 5:00 PM ET Lawrence Kreider - CFO & Secretary Jacob Bistricer - COO Operator It is now my pleasure to turn the floor over to your host, Larry Kreider. The floor is yours. Hi. Good afternoon, and thank you for joining us for the Fourth Quarter 2022 Clipper Realty Inc. Earnings Conference Call. Participating with me on today's call are David Bistricer, Co-Chairman of the Board and Chief Executive Officer; and J.J. Bistricer, Chie ...

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incenti ...