<ARTICLE>      5

<LEGEND>         

THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF GB PROPERTY FUNDING CORP. AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

</LEGEND>

<CIK>          0000912906
<NAME>         GB PROPERTY FUNDING CORP.
<MULTIPLIER>   1,000
       
                                                                  
<PERIOD-TYPE>                                                        YEAR
<FISCAL-YEAR-END>                                                    DEC-31-1998
<PERIOD-START>                                                       JAN-01-1998
<PERIOD-END>                                                         DEC-31-1998
<CASH>                                                                         1
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<CURRENT-LIABILITIES>                                                          0
<BONDS>                                                                  182,243
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<EPS-DILUTED>                                                                  0