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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
October 1, 1998
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Date of report (Date of
earliest event reported)
WILSHIRE REAL ESTATE INVESTMENT TRUST INC.
(Exact name of registrant as specified in its charter)
Maryland 0-23911 52-2081138
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(State or other Commission File Number (I.R.S. Employer
jurisdiction of Identification Number)
incorporation)
1776 SW Madison Street, Portland, OR 97205
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(Address of principal executive offices)(Zip Code)
(503) 223-5600
Registrant's telephone number, including area code
Not Applicable
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(Former name or former address, if changed since
last report)
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Item 5. Other Events.
The news release of Wilshire Real Estate Investment Trust Inc. (the
"Company"), dated October 1, 1998, responds to claims of Southern
Pacific Funding Corp. ("SFC"), is incorporated herein by reference and
filed herewith as Exhibit 99.
Subsequent to the Company's press release dated October 1, 1998, SFC filed a
Chapter 11 liquidation proceeding. The Company anticipates that either through
court proceedings or agreement with SFC, the securities or servicing rights
either will be awarded to the Company or will be sold and the Company paid all
amounts to which it is entitled.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
99 News release of Wilshire Real Estate Investment Trust Inc.
dated October 1, 1998.
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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.
WILSHIRE REAL ESTATE
INVESTMENT TRUST INC.
Date: October 8, 1998 By: /s/ Chris Tassos
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Chris Tassos
Executive Vice President and
Chief Financial Officer
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