Exhibit 99.1
                            MAXUS REALTY TRUST, INC.

              CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In  connection  with the  Quarterly  Report of Maxus  Realty  Trust,  Inc.  (the
"Trust") on Form 10-QSB for the period  ending  September 30, 2002 as filed with
the Securities  and Exchange  Commission on the date hereof (the  "Report"),  I,
Danley K. Sheldon,  President and Chief Executive Officer of the Trust, certify,
pursuant  to 18  U.S.C.  ss.  1350,  as  adopted  pursuant  to  ss.  906  of the
Sarbanes-Oxley Act of 2002, that to my knowledge:

     (1) The Report fully  complies  with the  requirements  of section 13(a) or
15(d) of the Securities Exchange Act of 1934; and

     (2)  The  information  contained  in the  Report  fairly  presents,  in all
material  respects,  the  financial  condition  and results of operations of the
Trust as of  September  30,  2002 (the last date of the  period  covered  by the
Report).


/s/ Danley K. Sheldon
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Danley K. Sheldon
President
Chief Executive Officer
November 14, 2002