Clipper Realty Inc. (CLPR) Reports Q4 FFO of $0.12

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Go back to Clipper Realty Inc. (CLPR) Reports Q4 FFO of $0.12

Clipper Realty Inc. Announces Fourth Quarter and Full-Year 2019 Results

March 12, 2020 4:05 PM EDT

Reports Record Quarterly and Annual Revenues, Record Annual Income from Operations, Record Quarterly and Annual Net Operating Income, and Record Annual 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 and year ended December 31, 2019.

Highlights for the Three Months and Year Ended December 31, 2019

Achieved record quarterly and annual revenues of $30.6 million and $116.2 million for the... More