<ARTICLE> 5 <LEGEND> This Schedule contains summary financial information extracted from the consolidated balance sheets and consolidated statements of income and is qualified in its entirety by reference to such financial statements. <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> APR-30-1995 <PERIOD-END> APR-30-1995 <CASH> 38,211 <SECURITIES> 5,851 <RECEIVABLES> 7,436<F1> <ALLOWANCES> 2,746 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 689,718 <DEPRECIATION> 59,909 <TOTAL-ASSETS> 711,887<F2> <CURRENT-LIABILITIES> 0 <BONDS> 129,139 <COMMON> 615,772 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (46,426) <TOTAL-LIABILITY-AND-EQUITY> 711,887<F3> <SALES> 0 <TOTAL-REVENUES> 94,779 <CGS> 0 <TOTAL-COSTS> 41,642 <OTHER-EXPENSES> 1,724 <LOSS-PROVISION> 680 <INTEREST-EXPENSE> 3,766 <INCOME-PRETAX> 46,967 <INCOME-TAX> 0 <INCOME-CONTINUING> 46,967 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 46,967 <EPS-PRIMARY> .89 <EPS-DILUTED> .89 <FN> <F1> Notes and Accounts Receivables-Trade is Net of Allowances for Doubtful Accounts. <F2> Other Assets not shown are: Mortgages and Notes Receivable, Other Receivables, Prepaid Expenses and Deferred Charges, Other Assets which total $30,580. <F3> Additional Liabilities not shown are: Other Liabilities, and Tenants' Security Deposits which total $13,402.