Clipper Realty Inc. (CLPR) Tops Q3 EPS by 1c
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Clipper Realty Inc. Announces Third Quarter 2019 Results
November 12, 2019 4:05 PM ESTReports Record Revenues, Clover House Refinancing and Property Acquisition
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 September 30, 2019.
Highlights for the Three Months Ended September 30, 2019
Achieved record quarterly revenues of $29.4 million for the third quarter of 2019, representing an increase of 5.3% compared to the same period in 2018. Residential rental income increased 7.0% and 3.5% at the Flatbush Gardens... More