WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

  

<ARTICLE> 5
                                              UPDATE
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                       3,601,911
<SECURITIES>                                         0
<RECEIVABLES>                                  652,128
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             6,652,886
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              95,527,886
<CURRENT-LIABILITIES>                        1,458,330
<BONDS>                                              0
<COMMON>                                             0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                  71,914,556
<TOTAL-LIABILITY-AND-EQUITY>                95,527,886
<SALES>                                              0
<TOTAL-REVENUES>                             1,503,061
<CGS>                                                0
<TOTAL-COSTS>                                  299,534
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              1,203,527
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,203,527
<EPS-BASIC>                                      .12
<EPS-DILUTED>                                      .12