Clipper Realty Management
Management criteria checks 3/4
Clipper Realty's CEO is David Bistricer, appointed in Aug 2015, has a tenure of 9.25 years. total yearly compensation is $2.03M, comprised of 31.1% salary and 68.9% bonuses, including company stock and options. directly owns 7.18% of the company’s shares, worth $15.58M. The average tenure of the management team and the board of directors is 9.3 years and 9.8 years respectively.
Key information
David Bistricer
Chief executive officer
US$2.0m
Total compensation
| CEO salary percentage | 31.1% |
| CEO tenure | 9.3yrs |
| CEO ownership | 7.2% |
| Management average tenure | 9.3yrs |
| Board average tenure | 9.8yrs |
Recent management updates
It's Unlikely That The CEO Of Clipper Realty Inc. (NYSE:CLPR) Will See A Huge Pay Rise This Year
Jun 11
Have Insiders Been Buying Clipper Realty Inc. (NYSE:CLPR) Shares This Year?
Mar 18Did Clipper Realty Inc. (NYSE:CLPR) Insiders Buy Up More Shares?
Nov 24Recent updates
Clipper Realty: 8% Dividend Yield From Significantly Undervalued US Multifamily REIT, I'm Buying
Aug 31Clipper Realty: Much Safer Than It Appears
Aug 05Clipper Realty: High Yield, But You Could Be Ignored
May 29Clipper Realty: How Sustainable Is The 7.7% Dividend Yield?
Dec 19The 7.2% Dividend Of Clipper Realty Comes With High Risk
Sep 28Clipper Realty: Local Expertise In NY Market Is Overshadowed By Higher Debt Load
Jan 25Rhizome Partners - Clipper Realty: Poised For Dramatic Revenue Increases
Aug 24Clipper Realty goes ex-dividend tomorrow
Aug 17Clipper Realty: Bargain Price NYC Real Estate
Aug 08Clipper Realty: Attractive New York Multi-Family REIT At A 4.58% Yield
Jul 23Clipper Realty: The Upside
Apr 25Clipper Realty: Trading At 30-70% Of NAV, Yields 4% And Insiders Own 40%
Mar 08Why I Continue To Be Long In Clipper Realty
Dec 05Clipper Realty Could Double Your Money
Aug 22It's Unlikely That The CEO Of Clipper Realty Inc. (NYSE:CLPR) Will See A Huge Pay Rise This Year
Jun 11Clipper Realty: This NYC Landlord Is A Speculative Buy, Here's Why
May 29Have Insiders Been Buying Clipper Realty Inc. (NYSE:CLPR) Shares This Year?
Mar 18Clipper Realty's (NYSE:CLPR) Shareholders Are Down 34% On Their Shares
Jan 25Clipper Realty Inc. (NYSE:CLPR): When Will It Breakeven?
Dec 21
Clipper Realty: A Decent REIT
Dec 11Clipper Realty: Large Debt Makes This NYC Stock One To Avoid
Dec 09Did Clipper Realty Inc. (NYSE:CLPR) Insiders Buy Up More Shares?
Nov 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$5m |
| Jun 30 2024 | n/a | n/a | -US$5m |
| Mar 31 2024 | n/a | n/a | -US$6m |
| Dec 31 2023 | US$2m | US$630k | -US$7m |
| Sep 30 2023 | n/a | n/a | -US$7m |
| Jun 30 2023 | n/a | n/a | -US$7m |
| Mar 31 2023 | n/a | n/a | -US$7m |
| Dec 31 2022 | US$2m | US$630k | -US$6m |
| Sep 30 2022 | n/a | n/a | -US$7m |
| Jun 30 2022 | n/a | n/a | -US$7m |
| Mar 31 2022 | n/a | n/a | -US$7m |
| Dec 31 2021 | US$2m | US$579k | -US$8m |
| Sep 30 2021 | n/a | n/a | -US$7m |
| Jun 30 2021 | n/a | n/a | -US$7m |
| Mar 31 2021 | n/a | n/a | -US$8m |
| Dec 31 2020 | US$2m | US$546k | -US$5m |
| Sep 30 2020 | n/a | n/a | -US$5m |
| Jun 30 2020 | n/a | n/a | -US$4m |
| Mar 31 2020 | n/a | n/a | -US$2m |
| Dec 31 2019 | US$1m | US$520k | -US$2m |
| Sep 30 2019 | n/a | n/a | -US$2m |
| Jun 30 2019 | n/a | n/a | -US$938k |
| Mar 31 2019 | n/a | n/a | -US$333k |
| Dec 31 2018 | US$840k | US$500k | -US$4m |
| Sep 30 2018 | n/a | n/a | -US$4m |
| Jun 30 2018 | n/a | n/a | -US$5m |
| Mar 31 2018 | n/a | n/a | -US$6m |
| Dec 31 2017 | US$777k | US$500k | -US$3m |
Compensation vs Market: David's total compensation ($USD2.03M) is above average for companies of similar size in the US market ($USD1.46M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Bistricer (74 yo)
9.3yrs
Tenure
US$2,025,552
Compensation
Mr. David Bistricer is a Principal in E.B. Acquisitions, LLC. Mr. Bistricer serves as Co-Chairman of Clipper Realty Inc. and has been its Director since 2015 and is its Chief Executive Officer since August...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Chairman & CEO | 9.3yrs | US$2.03m | 7.18% $ 15.6m | |
| Chief Operating Officer | 9.8yrs | US$1.75m | 0.62% $ 1.4m | |
| Chief Property Management Officer | 9.3yrs | US$1.82m | 0.22% $ 472.5k | |
| CFO & Secretary | 3.5yrs | US$803.84k | no data |
9.3yrs
Average Tenure
63.5yo
Average Age
Experienced Management: CLPR's management team is seasoned and experienced (9.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Chairman & CEO | 9.8yrs | US$2.03m | 7.18% $ 15.6m | |
| Independent Director | 9.8yrs | US$126.36k | 0.16% $ 342.5k | |
| Independent Director | 6.8yrs | US$105.73k | 0.0062% $ 13.5k | |
| Co-Chairman of the Board | 9.8yrs | US$1.09m | 2.32% $ 5.0m | |
| Independent Director | 6.8yrs | US$105.73k | no data | |
| Independent Director | 9.8yrs | US$116.36k | no data | |
| Director | 9.8yrs | US$105.63k | 0.099% $ 215.7k |
9.8yrs
Average Tenure
74yo
Average Age
Experienced Board: CLPR's board of directors are considered experienced (9.8 years average tenure).