Stock events for Clipper Realty, Inc. (CLPR)
Over the past six months, Clipper Realty's stock has been impacted by earnings announcements, a foreclosure complaint, tax information releases, director stock conversion and awards, and overall stock price performance. Fourth Quarter 2025 results announcement led to an 8.61% stock decrease, while Third Quarter 2025 results caused a 2.13% decrease. A foreclosure complaint was filed against Clipper Realty and its subsidiaries concerning its 250 Livingston Street property due to a $125 million loan default. The announcement of tax information for its 2025 distributions resulted in a minor stock decrease of 0.31%. A director converted 11,020 OP Units to stock, and another director was awarded 7,961 long-term incentive units. The stock price decreased by 19.7% from $3.83 on January 1, 2026, to $3.0770 as of May 8, 2026.
Demand Seasonality affecting Clipper Realty, Inc.’s stock price
The provided information does not explicitly detail demand seasonality for Clipper Realty, Inc.'s products and services. Demand for its properties is generally influenced by broader economic conditions, population trends, and local market dynamics in Manhattan and Brooklyn. Recent disclosures indicate strong residential leasing metrics, while the termination of a New York City lease at 250 Livingston Street negatively impacted office revenue. The company's commitment to a capital improvement plan at Flatbush Gardens suggests ongoing efforts to meet and potentially stimulate demand in its residential portfolio.
Overview of Clipper Realty, Inc.’s business
Clipper Realty, Inc. (CLPR) is a self-administered and self-managed REIT that specializes in acquiring, owning, managing, operating, and repositioning multifamily residential and commercial properties, primarily generating revenue from rent collection. The company's portfolio includes approximately 3.3 to 4 million rentable square feet across nine properties, diversified across market-rate and rent-regulated apartment units, as well as ground-floor retail space. Major residential holdings include Flatbush Gardens, Clover House, 10 West 65th Street, 1010 Pacific Street, Tribeca House, and 233 Schermerhorn, while commercial assets include 141 Livingston Street and portions of 250 Livingston Street. Approximately 75% of the company's revenue is generated from residential rental income.
CLPR’s Geographic footprint
Clipper Realty, Inc. has a highly concentrated geographic footprint, with all of its properties located in New York City, specifically in the boroughs of Manhattan and Brooklyn. Its business is heavily dependent on local demand for housing and commercial space in these areas.
CLPR Corporate Image Assessment
Information specifically detailing Clipper Realty, Inc.'s brand reputation in the past year is not explicitly available. However, the foreclosure complaint on the 250 Livingston Street property could negatively impact the company's reputation. News headlines have discussed the company's "office and political overhangs," "high debt and limited geography," and the need to address "office property headwinds," which could influence public perception. Strong residential leasing metrics, high occupancy, and increased new and renewal lease rates could contribute positively to its operational reputation.
Ownership
Clipper Realty, Inc. has significant insider control, with the Bistricer and Levinson families holding a supermajority of the shares, ranging from approximately 53.01% to as much as 75.95%. Sam Levinson is the largest individual shareholder, holding roughly 7.38 million shares (45.71% stake), and David Bistricer holds another 6.99 million shares (43.28%). Institutional investors hold around 30.38% to 32.74% of the stock, with major holders including BlackRock, Inc., Vanguard Group Inc, and Morgan Stanley.
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