Clipper Realty (CLPR) Q2 NOI Hits Record

Clipper Realty (NYSE:CLPR), an owner and operator of multifamily and commercial properties focused in Manhattan and Brooklyn, shared its second quarter 2025 earnings results on August 7, 2025. The company reported GAAP revenue of $39.0 million. coming in just below the $39.1 million GAAP analyst estimate. While this revenue shortfall was small, Clipper Realty set new highs in key cash flow metrics, with Net Operating Income (NOI, non-GAAP) at $22.1 million and Adjusted Funds from Operations (AFFO, non-GAAP) at $8.3 million. Net loss (GAAP) improved compared to the same period in 2024, reflecting higher rental income and improved cost control, despite continued legal and regulatory expenses. The quarter demonstrated solid operational fundamentals, but uncertainty around major commercial lease transitions and ongoing regulatory headwinds continue to define the outlook. Source: Analyst estimates for the quarter provided by FactSet. Clipper Realty is known for its real estate portfolio in New York City, with a particular emphasis on residential and commercial properties in Brooklyn and Manhattan. Its major residential assets include Tribeca House, Flatbush Gardens, and other high-occupancy multifamily buildings. Commercial holdings feature office and retail spaces, with several long-term municipal tenants including large leases with the City of New York.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool