MAXUS REALTY TRUST INC
8-K, 2000-10-04
REAL ESTATE INVESTMENT TRUSTS
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                UNITED STATES SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, DC 20549

                                 ---------------

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

       Date of report (Date of earliest event reported) September 19, 2000

                            MAXUS REALTY TRUST, INC.
             (Exact Name of Registrant as Specified in its Charter)


MISSOURI                           00-13457                       48-1339136
(State or Other Jurisdiction     (Commission                    (IRS Employer
of Incorporation)                File Number)                Identification No.)


104 Armour Road, North Kansas City, MO                              64116
(Address of Principal Executive Offices)                          (Zip Code)


Registrant's telephone number, including area code            (816) 303-4500



<PAGE>


5.       Other Events.

   On September 19, 2000, the Board of Trustees of the  Registrant appointed two
additional  Trustees to fill the  vacancies  created at the last  meeting of the
Board of Trustees,  held July 20, 2000.  During the July 20, 2000  meeting,  the
Board of Trustee's  voted to increase the number of Trustees from five to seven.
The  Trustees  appointed  to fill the  vacancies  are Mr.  Steve  Rosenberg,  an
independent Trustee and Mr. John W. Alvey, a Vice President of the Registrant.

   Steve Rosenberg,  age 47, is Acting Manager of Aspen Mortgage, Inc. and Aspen
Pacific,  Inc.  which  manages a  portfolio  of 32  entities  that are  actively
invested  in a variety  of real  estate  and non real  estate  investments.  Mr.
Rosenberg  has served in this position for the past five years.  These  entities
along with others in the past five years have invested through debt, equity, and
combinations  thereof in over 150 transactions  totaling over $200,000,000.  Mr.
Rosenberg  acts as both  manager  and  co-investor  in these  transactions.  Mr.
Rosenberg holds a bachelors's degree from Colorado College,1975 and a Masters in
Real Estate and Urban Land Economics from The University of Wisconsin, 1978.

   John W. Alvey, age 41, is Vice President of the Registrant and Executive Vice
President and Chief Financial Officer of Maxus  Properties,  Inc.  ("Maxus"),  a
Missouri  corporation  located at 104 Armour Road,  North Kansas City,  Missouri
64116, that specializes in commercial property management for affiliated owners,
including  the  Registrant.  Maxus  employs  more  than  300  people  to  manage
commercial  properties,  including more than 8,000  apartment  units and 600,000
square feet of retail and office space.  Mr. Alvey is also  President of KelCor,
Inc.  ("KelCor"),  a Missouri corporation that specializes in the acquisition of
commercial real estate.  Mr. Alvey is responsible for the day-to-day  accounting
functions,  risk management and taxes for Maxus and its managed  properties.  He
has served in these  capacities  since 1988.  In 1982,  Mr. Alvey joined  Arthur
Andersen and Company where he was promoted to Tax Manager  working  primarily on
real estate projects for individual clients.  Mr. Alvey holds a bachelors degree
from  Rockhurst   College  and  a  Masters  of  Accountancy  from  Kansas  State
University.


                                   SIGNATURES

   Pursuant to the requirements of the  Securities  Exchange  Act  of  1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                             Nooney Realty Trust, Inc.

Date: October 3, 2000                        By: /s/ David L. Johnson
                                                     David L. Johnson, Chairman

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