Clipper Realty Inc. (CLPR) Reports Q1 Loss of $0.21

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Go back to Clipper Realty Inc. (CLPR) Reports Q1 Loss of $0.21

Clipper Realty Inc. Announces First Quarter 2018 Results

May 10, 2018 4:00 PM EDT

Completes Significant Refinancings

NEW YORK--(BUSINESS WIRE)-- Clipper Realty Inc. (NYSE: CLPR) (the Company), a leading owner and operator of multifamily residential and commercial properties in the New York metropolitan area, today announced financial and operating results for the three months ended March 31, 2018.

Highlights for the Three Months Ended March 31, 2018

Grew revenues by 6.4% to $26.9 million for the first quarter 2018, compared to the same period in 2017 Completed refinancings of debt at the Flatbush Gardens and Tribeca House properties Declared a dividend of... More