[ARTICLE] 5 [CIK] 0000814077 [NAME] ASSOCIATED PLANNERS REALTY GROWTH FUND [PERIOD-TYPE] 12-MOS [FISCAL-YEAR-END] DEC-31-1995 [PERIOD-START] JAN-01-1995 [PERIOD-END] DEC-31-1995 [CASH] (328) [SECURITIES] 0 [RECEIVABLES] 26,329 [ALLOWANCES] 0 [INVENTORY] 0 [CURRENT-ASSETS] 42,618 [PP&E] 1,326,245 [DEPRECIATION] (40,800) [TOTAL-ASSETS] 1,328,063 [CURRENT-LIABILITIES] 61,313 [BONDS] 1,826,385 [PREFERRED-MANDATORY] 0 [PREFERRED] 0 [COMMON] 0 [OTHER-SE] (800,058) [TOTAL-LIABILITY-AND-EQUITY] 1,328,063 [SALES] 243,067 [TOTAL-REVENUES] 243,214 [CGS] 243,384 [TOTAL-COSTS] 243,384 [OTHER-EXPENSES] 0 [LOSS-PROVISION] 1,912,727 [INTEREST-EXPENSE] 188,998 [INCOME-PRETAX] 0 [INCOME-TAX] 0 [INCOME-CONTINUING] 0 [DISCONTINUED] 0 [EXTRAORDINARY] 0 [CHANGES] 0 [NET-INCOME] (2,101,895) [EPS-PRIMARY] (1,009.64) [EPS-DILUTED] (1,009.64)