<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE REGISTRANT'S FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS INCLUDED IN SUCH REPORT. </LEGEND> <CIK> 0000839437 <NAME> AMFAC/JMB HAWAII, INC. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 10,561 <SECURITIES> 0 <RECEIVABLES> 8,848 <ALLOWANCES> 0 <INVENTORY> 56,558 <CURRENT-ASSETS> 75,967 <PP&E> 394,401 <DEPRECIATION> 29,358 <TOTAL-ASSETS> 528,472 <CURRENT-LIABILITIES> 58,813 <BONDS> 312,971 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1 <OTHER-SE> (121,815) <TOTAL-LIABILITY-AND-EQUITY> 528,472 <SALES> 15,056 <TOTAL-REVENUES> 15,148 <CGS> 9,452 <TOTAL-COSTS> 14,197 <OTHER-EXPENSES> 316 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 6,908 <INCOME-PRETAX> 6,273 <INCOME-TAX> 2,333 <INCOME-CONTINUING> (3,940) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,940) <EPS-PRIMARY> (3.94) <EPS-DILUTED> (3.94)