| IPO Company Profile |
| Current Quote | News | SEC Filings | Peer IPO Companies |
| Wilshire Real Estate Investment Trust, Inc. |
| 1776 SW Madison Street, Portland, OR 97205 |
| The company is a real estate investment trust, (REIT). The Company will be managed by Wilshire Realty Services Corporation (the "Manager" or "WRSC"), a wholly-owned subsidiary of Wilshire Financial Services Group Inc. ("WFSG"). |
| Manager | Tier | Phone |
| Friedman, Billings, Ramsey & Co., Inc. | Lead Manager | (703) 312-9571 |
| Black & Company, Inc. | Co-manager | (503) 248-9600 |
| Prudential Securities Incorporated | Co-manager | (212) 778-5420 |
| NASNTL: | WREI | Financial: | SIC 6798 | |
| Type of Shares: | Common Shares | Filing Date: | 10/30/97 | |
| U.S. Shares: | 10,000,000 | Offer Date: | 3/31/98 | |
| Non-U.S. Shares: | 0 | Filing Range: | $14.00 - $16.00 | |
| Primary Shares: | 10,000,000 | Offer Price: | $16.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.12 | |
| Offering Amount: | $150,000,000 | Selling: | $0.67 | |
| Expenses: | $1,600,000 | Reallowance: | $0.10 | |
| Post-IPO Shares: | 20,000,000 |
| Issuer's Law Firm: | Proskauer Rose Goetz & Mendelsohn |
| Bank's Law Firm: | Gibson, Dunn & Crutcher |
| Registrar/Transfer Agent: | Bank of New York |
| Auditor: | Arthur Andersen |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to purchase the Initial Investments and for general corporate purposes. |
| Officer Name | Title | Age |
| Andrew A. Wiederhorn | Chairman of the Board, Chief Executive Officer, Secretary, Treasurer and Director | 31 |
| Chris Tassos | Executive Vice President and Chief Financial Officer | 40 |
| Lawrence A. Mendelsohn | President and Director | 36 |
| Bo G. Aberg | Senior Vice President | 48 |