Carl C. Gregory III has been elected...

Carl C. Gregory III has been elected chairman of Mortgage Investments Plus, a Woodland Hills-based real estate investment trust. Gregory, 44, has been a director of the company since 1986. Previously he was president of American Western Realty Corp. in Los Angeles. Mortgage Investments Plus also elected a new member to its board of directors, W. John Driscoll, who is president and director of Rock Island Company.