CLIPPER REALTY INC.DL-,01 Aktie

Clipper Realty reported Q1 2026 EPS of -$0.30 and revenue of $38.1 million, both below expectations. Total revenue fell 3.3% year over year, driven by declining office income after the termination of the lease for 250 Livingston Street, while residential properties posted a 9% revenue increase. AFFO fell 71.3% to $2.3 million, liquidity stands at $54.7 million, and the dividend remains unchanged at $0.095 per share. Management continues to expect challenges in the office segment and is relying on stabilization and leasing of Prospect House for recovery. » Mere på de.investing.com

A lender has filed a foreclosure suit against Clipper Realty and its subsidiaries over a $125 million loan for the 250 Livingston Street property in Brooklyn. The lender is seeking, among other things, the appointment of a receiver and the sale of the property to satisfy outstanding debt; accrued interest and default interest total about $6.3 million. Clipper is negotiating a consent and cooperation agreement to sell the loan but still carries total debt of $1.28 billion; the company reported slightly better revenues recently but remains unprofitable (EPS -0.30). » Mere på de.investing.com

Clipper Realty reported Q4 2025 revenue of $37.1 million, beating expectations by 2.4%, while earnings per share were -$0.30, missing forecasts. The residential segment posted 9% revenue growth and high occupancy rates, but persistent weakness in the office segment pushed total revenue down 2.4% year over year. Net operating income (NOI) fell to $20.7 million and AFFO dropped sharply by 79% to $1.7 million. The stock fell 1.75% to $3.43; management emphasizes a focus on the residential portfolio and optimizing the capital structure while maintaining a cautious outlook. » Mere på de.investing.com