Clipper Realty, headquartered in Brooklyn, New York, specializes in acquiring and managing multifamily and commercial properties in the New York metropolitan area, with an IPO on November 4, 2015. The firm operates nine properties, totaling approximately 3.4 million rentable square feet.
CLPR has been in the news recently: H.I.G. Capital has partnered with Barts Health NHS Trust to develop a 170,000 square foot healthcare innovation hub in East London. Additionally, ACRES Commercial Realty Corp. announced its subsidiary will issue $879.5 million in notes to finance $1 billion in commercial real estate loans.
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