Clipper Realty Inc. (CLPR) Misses Q1 EPS by 2c
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Clipper Realty Inc. Announces First Quarter 2020 Results
May 11, 2020 4:05 PM EDT
Reports Record Quarterly Revenues and Record Quarterly Net Operating Income;
Announces Additional Liquidity Through Refinancing of Flatbush Gardens Property
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, 2020.
Highlights for the Three Months Ended March 31, 2020
Achieved record quarterly revenues of $30.9 million for the first quarter of 2020, representing an increase of 11.7% compared to the... More