<ARTICLE>                     5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF CAPITAL TRUST, INC. FOR THE THREE MONTHS ENDED MARCH 31,
2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER>                                                 1,000

                                                          
<PERIOD-TYPE>                                                3-MOS
<FISCAL-YEAR-END>                                      DEC-31-2000
 <PERIOD-START>                                        JAN-01-2000
<PERIOD-END>                                           MAR-31-2000
<CASH>                                                      27,621
<SECURITIES>                                               266,127
<RECEIVABLES>                                              435,311
<ALLOWANCES>                                                 8,572
<INVENTORY>                                                      0
<CURRENT-ASSETS>                                                 0
<PP&E>                                                       1,026
<DEPRECIATION>                                                 715
<TOTAL-ASSETS>                                             741,010
<CURRENT-LIABILITIES>                                        7,358
<BONDS>                                                    418,995
<PREFERRED-MANDATORY>                                      146,543
 <PREFERRED>                                                     0
<COMMON>                                                       234
<OTHER-SE>                                                 164,819
<TOTAL-LIABILITY-AND-EQUITY>                               741,010
<SALES>                                                          0
<TOTAL-REVENUES>                                            24,220
<CGS>                                                            0
<TOTAL-COSTS>                                               17,437
<OTHER-EXPENSES>                                                 0
<LOSS-PROVISION>                                               966
<INTEREST-EXPENSE>                                               0
<INCOME-PRETAX>                                              5,817
<INCOME-TAX>                                                 2,898
<INCOME-CONTINUING>                                          2,919
<DISCONTINUED>                                                   0
<EXTRAORDINARY>                                                  0
<CHANGES>                                                        0
<NET-INCOME>                                                 2,919
<EPS-BASIC>                                                   0.10
<EPS-DILUTED>                                                 0.09