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  March 31, 2003 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 March 31, 2003 (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
May 6, 2003