<ARTICLE> 5
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<CASH>                                           3,246<F1>
<SECURITIES>                                         0
<RECEIVABLES>                                    9,383
<ALLOWANCES>                                      (97)
<INVENTORY>                                     78,717
<CURRENT-ASSETS>                                     0
<PP&E>                                           3,576
<DEPRECIATION>                                   2,440
<TOTAL-ASSETS>                                 149,346
<CURRENT-LIABILITIES>                                0
<BONDS>                                         81,236
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                      47,839
<TOTAL-LIABILITY-AND-EQUITY>                   149,346
<SALES>                                         13,039
<TOTAL-REVENUES>                                25,370
<CGS>                                           10,330
<TOTAL-COSTS>                                   14,020
<OTHER-EXPENSES>                                 6,251
<LOSS-PROVISION>                                   484
<INTEREST-EXPENSE>                               2,683
<INCOME-PRETAX>                                  1,803
<INCOME-TAX>                                       558
<INCOME-CONTINUING>                              1,245
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,245
<EPS-PRIMARY>                                      .12
<EPS-DILUTED>                                      .12
<FN>
<F1>Balance includes $738 of restricted cash.
</FN>