Richard Burger - Clipper Realty Independent Director

CLPR Stock  USD 4.79  0.27  5.34%   

Director

Mr. Richard N. Burger is Independent Director of the company. He served as Chief Financial Officer, Executive Vice President, Secretary and Treasurer of Coleman Cable, Inc., from 1999 to 2013, after joining its predecessor company as Chief Financial Officer in 1996. Previously, he served as President and Chief Executive Officer of Burns Aerospace Corporationrationration, a subsidiary of Eagle Industries, Inc., a manufacturer of aircraft equipment. He is a former member of the Board of A.M. Castle Co., a provider of metals, services and supply chain solutions. Mr. Burger holds a Masters of Business Administration degree from the University of Baltimore and a BS degree from Towson University. Mr. Burger brings to our Board valuable expertise as an experienced executive. since 2018.
Age 69
Tenure 6 years
Address 4611 12th Avenue, Brooklyn, NY, United States, 11219-2514
Phone718 438 2804
Webhttps://www.clipperrealty.com
Burger holds a Masters of Business Administration degree from the University of Baltimore and a BS degree from Towson University.

Clipper Realty Management Efficiency

The company has return on total asset (ROA) of 0.0192 % which means that it generated a profit of $0.0192 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.999) %, meaning that it created substantial loss on money invested by shareholders. Clipper Realty's management efficiency ratios could be used to measure how well Clipper Realty manages its routine affairs as well as how well it operates its assets and liabilities. As of 12/02/2024, Return On Capital Employed is likely to grow to 0.03, while Return On Tangible Assets are likely to drop (0). At this time, Clipper Realty's Total Current Assets are relatively stable compared to the past year. As of 12/02/2024, Intangible Assets is likely to grow to about 6.6 M, while Net Tangible Assets are likely to drop slightly above 12.1 M.
Clipper Realty currently holds 1.21 B in liabilities. Clipper Realty has a current ratio of 3.39, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Clipper Realty's use of debt, we should always consider it together with its cash and equity.

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is a self-administered and self-managed real estate company that acquires, owns, manages, operates and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. Clipper Realty operates under REITResidential classification in the United States and is traded on New York Stock Exchange. It employs 144 people. Clipper Realty (CLPR) is traded on New York Stock Exchange in USA. It is located in 4611 12th Avenue, Brooklyn, NY, United States, 11219-2514 and employs 148 people. Clipper Realty is listed under Multi-Family Residential REITs category by Fama And French industry classification.

Management Performance

Clipper Realty Leadership Team

Elected by the shareholders, the Clipper Realty's board of directors comprises two types of representatives: Clipper Realty inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Clipper. The board's role is to monitor Clipper Realty's management team and ensure that shareholders' interests are well served. Clipper Realty's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Clipper Realty's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Frenz, Chief Financial Officer, Secretary
Howard Lorber, Independent Director
Lawrence Kreider, Chief Financial Officer
David Bistricer, Co-Chairman of the Board, Chief Executive Officer
Sam Levinson, Independent Co-Chairman of the Board, Head - Investment Committee
Jacob Bistricer, Chief Operating Officer
Robert Ivanhoe, Independent Director
Richard Burger, Independent Director
Roberto Verrone, Independent Director
Jacob Schwimmer, Chief Property Management Officer
Harmon Spolan, Independent Director

Clipper Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Clipper Realty a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Clipper Realty

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clipper Realty position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clipper Realty will appreciate offsetting losses from the drop in the long position's value.

Moving against Clipper Stock

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The ability to find closely correlated positions to Clipper Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clipper Realty when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clipper Realty - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clipper Realty to buy it.
The correlation of Clipper Realty is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clipper Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clipper Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clipper Realty can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Clipper Stock Analysis

When running Clipper Realty's price analysis, check to measure Clipper Realty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clipper Realty is operating at the current time. Most of Clipper Realty's value examination focuses on studying past and present price action to predict the probability of Clipper Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clipper Realty's price. Additionally, you may evaluate how the addition of Clipper Realty to your portfolios can decrease your overall portfolio volatility.