Form: S-11

Registration statement for securities to be issued by real estate companies

April 2, 1998

Documents

FINANCIAL DATA SCHEDULE

Published on April 2, 1998




5

THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FORM 10-K: CONSOLIDATED BALANCE SHEET AND CONSOLIDATED STATEMENT OF OPERATIONS
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ANNUAL REPORT ON FORM
10-K.

1,000
U.S. DOLLARS


YEAR
DEC-31-1997
JAN-1-1997
DEC-31-1997
1
39,968
0
0
0
0
67,409
2,442,999
4,153
2,506,255
87,421
685,652
0
0
859
1,667,171
2,506,255
0
56,062
0
8,899
4,195
0
3,528
18,885
0
18,885
0
0
0
18,228
1.39
1.38