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Clipper Realty ( (CLPR) ) has provided an announcement.
Clipper Realty subsidiary 250 Livingston Owner LLC, borrower under a $125 million mortgage loan secured by the 250 Livingston Street property in Brooklyn, fell into payment default under a note that matures June 6, 2029 and bears 3.63% interest with interest-only terms. The loan, originated May 31, 2019, is guaranteed in part by Clipper Realty Inc. and Clipper Realty L.P., heightening exposure for the parent and its operating partnership.
After a December 18, 2025 default notice from the loan’s special servicer, the lender filed a complaint on March 25, 2026 against the borrower, Clipper Realty Inc. and Clipper Realty L.P., seeking appointment of a receiver, sale of the property and related personal property, and application of proceeds to the debt. As of March 31, 2026, the company estimated it owed about $6.3 million in interest and default interest and is negotiating a consent and cooperation agreement for a potential loan sale, though completion is uncertain and outcomes could materially affect control of the asset and recovery for stakeholders.
The most recent analyst rating on (CLPR) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Clipper Realty stock, see the CLPR Stock Forecast page.
Spark’s Take on CLPR Stock
According to Spark, TipRanks’ AI Analyst, CLPR is a Neutral.
The score is held down primarily by weak financial performance (persistent losses and negative equity) and bearish technicals (price below key moving averages with negative MACD). High dividend yield and strong residential operating metrics provide partial support, but the sharp AFFO deterioration and unresolved 250 Livingston situation remain significant near-term risks.
To see Spark’s full report on CLPR stock, click here.
More about Clipper Realty
Clipper Realty Inc., through subsidiaries such as 250 Livingston Owner LLC, operates in the real estate sector and owns income-producing properties, including the 250 Livingston Street property in Brooklyn, New York. The company utilizes secured mortgage financing, with certain obligations guaranteed by Clipper Realty Inc. and its operating partnership, Clipper Realty L.P.
Average Trading Volume: 71,084
Technical Sentiment Signal: Sell
Current Market Cap: $49.73M
Learn more about CLPR stock on TipRanks’ Stock Analysis page.