<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
unaudited financial statements of Health and Retirement Properties Trust
for the period ended September 30, 1994 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-START>                             JAN-01-1994
<PERIOD-END>                               SEP-30-1994
<CASH>                                          58,606
<SECURITIES>                                         0
<RECEIVABLES>                                    4,060
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                62,666
<PP&E>                                         691,766
<DEPRECIATION>                                  39,728
<TOTAL-ASSETS>                                 847,441
<CURRENT-LIABILITIES>                                0
<BONDS>                                        216,451
<COMMON>                                           574
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                     615,097
<TOTAL-LIABILITY-AND-EQUITY>                   847,441
<SALES>                                              0
<TOTAL-REVENUES>                                61,279
<CGS>                                                0
<TOTAL-COSTS>                                   12,619
<OTHER-EXPENSES>                                   873
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               5,215
<INCOME-PRETAX>                                 42,572
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                             42,572
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                  2,041
<CHANGES>                                            0
<NET-INCOME>                                    44,613
<EPS-PRIMARY>                                      .87
<EPS-DILUTED>                                        0