23 We believe that our current cash flows from operations and cash on hand coupled with sales of certain properties, long-term secured or unsecured debt offerings and/or funds from public or private equity offerings, will be sufficient to allow us to continue operations, satisfy our contractual obligations and make distributions to our stockholders and the members of our LLC subsidiaries for at least the next twelve months. However, no assurance can be given that we will be able to refinance any of our outs ...

Clipper Realty Inc. (NYSE:CLPR) Q4 2023 Earnings Conference Call March 14, 2024 5:00 PM ET Company Participants Larry Kreider - CFO David Bistricer - Co-Chairman and CEO JJ Bistricer - COO Conference Call Participants Buck Horne - Raymond James Larry Kreider Good afternoon and thank you for joining us for the Fourth Quarter 2023 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 JJ Bistricer, Chie ...

Clipper Realty Inc. (CLPR) came out with quarterly funds from operations (FFO) of $0.15 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to FFO of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -6.25%. A quarter ago, it was expected that this company would post FFO of $0.17 per share when it actually produced FFO of $0.15, delivering a surprise of -11.76%.Over the last four quarters, the comp ...

● the impact of the recent increase in inflation in the United States which could increase the cost of acquiring, replacing and operating our properties; ● market and economic conditions, including rising interest rates, affecting occupancy, rental rates, the overall market value of our properties, our access to capital and the cost of capital, and our ability to refinance indebtedness; ● economic or regulatory developments in New York City; ● our dependency on certain agencies of the City of New York, as a ...

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 ...

Clipper Realty Inc. (NYSE:CLPR) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Larry Kreider - Chief Financial Officer David Bistricer - Co-Chairman of the Board and Chief Executive Officer J.J. Bistricer - Chief Operating Officer Operator 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. It is now my pleasur ...

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 ...

Clipper Realty Inc. (NYSE:CLPR) Q2 2023 Earnings Conference Call August 4, 2023 5:00 PM ET Company Participants Larry Kreider - Chief Financial Officer David Bistricer - Co-Chairman of the Board and Chief Executive Officer J.J. Bistricer - Chief Operating Officer Conference Call Participants Buck Horne - Raymond James Craig Kucera - B. Riley Securities Operator 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 ...

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 ...