<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the interim
condensed consolidated statement of operations for the nine months ended August
31, 1999 and the interim condensed consolidated balance sheet as of August 31,
1999, and is qualified in this entirety by reference to such interim condensed
consolidated financial statements.
</LEGEND>
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-START>                             DEC-01-1998
<PERIOD-END>                               AUG-31-1999
<CASH>                                          37,592
<SECURITIES>                                         0
<RECEIVABLES>                                    2,228
<ALLOWANCES>                                     (628)
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         972,030
<DEPRECIATION>                                (74,214)
<TOTAL-ASSETS>                                 971,766
<CURRENT-LIABILITIES>                                0
<BONDS>                                        946,872
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             1
<OTHER-SE>                                    (53,446)
<TOTAL-LIABILITY-AND-EQUITY>                   971,766
<SALES>                                         87,031
<TOTAL-REVENUES>                                88,375
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                              (47,185)
<LOSS-PROVISION>                               (7,249)
<INTEREST-EXPENSE>                            (47,886)
<INCOME-PRETAX>                                (6,696)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            (6,696)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   (6,696)
<EPS-BASIC>                                          0
<EPS-DILUTED>                                        0