Clipper Realty Inc. (CLPR) Reports Q2 FFO of $0.12

Go back to Clipper Realty Inc. (CLPR) Reports Q2 FFO of $0.12

Clipper Realty Inc. Announces Second Quarter 2018 Results

August 8, 2018 4:05 PM EDT

Reports Record Income From Operations, Net Operating Income and Adjusted Funds From Operations

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 June 30, 2018.

Highlights for the Three Months Ended June 30, 2018

Achieved quarterly revenues of $27.3 million for the second quarter 2018, representing an increase of 7.7% compared to the same period in 2017 Achieved record quarterly... More