Clipper Realty Inc. (CLPR) Reports Q4 Loss of $0.10

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Go back to Clipper Realty Inc. (CLPR) Reports Q4 Loss of $0.10

Clipper Realty Inc. Announces Fourth Quarter and Full-Year 2020 Results

March 16, 2021 5:28 PM EDT

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, 2020.

Highlights for the Three Months and Year Ended December 31, 2020

Achieved quarterly revenues of $30.3 million for the fourth quarter of 2020, and record annual revenues of $122.9 million for full-year 2020 Achieved quarterly income from operations of $6.5 million for the fourth quarter of 2020 Achieved quarterly net operating... More