Clipper Realty Inc. Files 8-K on Financial Obligations
Ticker: CLPR · Form: 8-K · Filed: Dec 23, 2025 · CIK: 1649096
| Field | Detail |
|---|---|
| Company | Clipper Realty Inc. (CLPR) |
| Form Type | 8-K |
| Filed Date | Dec 23, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $125.0 million, $3.4 million, $100 million, $10 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, financial-obligation, sec-filing
Related Tickers: CLPR
TL;DR
Clipper Realty Inc. 8-K filed: financial obligations triggered.
AI Summary
Clipper Realty Inc. filed an 8-K on December 23, 2025, reporting on events that occurred on December 18, 2025. The filing pertains to triggering events that accelerate or increase a direct financial obligation or an obligation under an off-balance sheet arrangement, as well as other events.
Why It Matters
This filing indicates potential changes or accelerations in Clipper Realty Inc.'s financial obligations, which could impact its financial health and investment profile.
Risk Assessment
Risk Level: medium — Filings related to financial obligations and off-balance sheet arrangements can signal potential financial distress or significant changes in a company's debt structure.
Key Players & Entities
- Clipper Realty Inc. (company) — Registrant
- December 18, 2025 (date) — Earliest event reported
- December 23, 2025 (date) — Filing date
FAQ
What specific financial obligation was triggered or accelerated for Clipper Realty Inc.?
The filing states that the report concerns 'Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement' but does not specify the exact obligation in the provided text.
What are the 'Other Events' mentioned in the filing?
The filing lists 'Other Events' as a category for the report but does not provide details on what these events are within the provided text.
When did the events reported in this 8-K occur?
The earliest event reported occurred on December 18, 2025.
What is the primary business of Clipper Realty Inc.?
Clipper Realty Inc. is a Real Estate Investment Trust (REIT) as indicated by its Standard Industrial Classification code [6798].
Where is Clipper Realty Inc. headquartered?
Clipper Realty Inc.'s principal executive offices are located at 4611 12th Avenue, Suite 1L, Brooklyn, New York 11219.
Filing Stats: 1,156 words · 5 min read · ~4 pages · Grade level 13.5 · Accepted 2025-12-23 16:45:49
Key Financial Figures
- $0.01 — ch registered Common Stock , par value $0.01 per share CLPR New York Stock Exchan
- $125.0 million — ed to a loan in the principal amount of $125.0 million (the "Loan"). The Loan is evidenced by
- $3.4 million — 2, 2025, the Company owed approximately $3.4 million in interest and default interest. There
- $100 million — d by trusts that are the holders of the $100 million promissory mortgage notes secured by th
- $10 million — d call (a) for the Company to provide a $10 million letter of credit for events of default
- $3 million — ewal improvements and to pay fees up to $3 million to the special servicer and other parti
Filing Documents
- clpr20251219_8k.htm (8-K) — 38KB
- 0001437749-25-038702.txt ( ) — 166KB
- clpr-20251218.xsd (EX-101.SCH) — 3KB
- clpr-20251218_def.xml (EX-101.DEF) — 11KB
- clpr-20251218_lab.xml (EX-101.LAB) — 15KB
- clpr-20251218_pre.xml (EX-101.PRE) — 11KB
- clpr20251219_8k_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events The Company, through its subsidiary, 141 Livingston Owner LLC, anticipates reaching an agreement with the special servicer for Wells Fargo Bank, N.A. (the "Lender"), as trustee for the benefit of the registered holders of certain pass-through certificates issued by trusts that are the holders of the $100 million promissory mortgage notes secured by the 141 Livingston Street property, to settle the ongoing litigation between the parties. The agreement, among other matters, could call (a) for the Company to provide a $10 million letter of credit for events of default and future tenant renewal improvements and to pay fees up to $3 million to the special servicer and other parties and (b) for the Lender to waive their claimed penalties and default interest, dismiss their pending Foreclosure actions with prejudice, and approve a five-year lease extension with the property's principal New York City tenant effective December 28, 2025. There can be no assurance that the agreement described above will be consummated. Cautionary Note Concerning Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this Current Report on Form 8-K that do not relate to matters of historical fact should be considered forward-looking statements, including, but not limited to, statements regarding the resolution of the matters related to the notes issued by 250 Livingston Owner LLC and 141 Livingston Owner LLC and the timing of any of the foregoing. These forward-looking statements are based on management's current beliefs, intentions and expectations. These statements are neither promises nor guarantees, and involve risks and uncertainties that may cause the Company's actual results, performance or achievements to be materially different from any results, performance or achievements expressed or implied by the forward-lookin
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Clipper Realty Inc. By: /s/ David Bistricer Name: David Bistricer Title: Co-Chairman and Chief Executive Officer Date: December 23, 2025