$18-Million Loss Reported by Koll Real Estate Group

Koll Real Estate Group Inc., the Newport Beach commercial and residential real estate development services company, reported a net loss of $18 million, or 41 cents a share, for 1994.

That compares with a net loss of $14.3 million, or 17 cents a share, for 1993, which included a onetime charge of $36 million from an accounting change. Revenue rose 28% to $21.4 million from $16.7 million. The company recorded a loss of $5.1 million, or 11 cents a share, for the fourth quarter.

For the same period of 1993, the company had net income of $58.3 million, or 69 cents a share, including gains of $39.1 million from disposing of its Lake Superior Land Co. subsidiary and $23.6 million from retirement of debt. Revenue dropped to $4.8 million from $13.4 million.