IPO: Clipper Realty (CLPR), a REIT company (2015)

Clipper Realty Inc. (NYSE: CLPR) was founded on July 7, 2015, headquartered in Brooklyn, New York, USA, with 180 full-time employees (11/25/2016). It is a self-managed and self-managed real estate company, mainly in Engaged in the acquisition, ownership, management, operation and repositioning of multi-family residential and commercial real estate in the New York metropolitan area. The initial investment portfolio is in Manhattan and Brooklyn.

Clipper Realty

Clipper Realty (CLPR):

Clipper Realty is a real estate investment trust with a first-class multi-family and commercial building portfolio, supported by a conservative business philosophy, focusing on long-term growth; and providing high-quality property management services that optimize asset performance.

Clipper Realty is headquartered in Brooklyn, New York and specializes in acquiring, owning, repositioning, operating and managing various asset types. The investment portfolio includes a series of diversified properties, such as:

  1. Tribeca House-more than 500 luxurious lofts located in the Tribeca district of Manhattan, New York;
  2. Flatbush Gardens-a community of more than 21 acres, 59 buildings and more than 2500 apartments located in Brooklyn, New York;
  3. Other NY-Metro properties include the 233 Schermerhorn in downtown Brooklyn.

For more detailed information, please refer to the prospectus: NASDAQ

Clipper Realty (CLPR) investment:

Clipper Realty Inc. (NYSE: CLPR) listed on the New York Stock Exchange on 2/10/2017 with an issue price of $13.50. It issued 5.7 million shares and raised USD 76.95 million. The stock code is CLPR.

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