<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEETS, STATEMENTS OF INCOME, STATEMENT OF SHAREHOLDERS
EQUITY, STATEMENTS OF CASH FLOWS AND NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-Q FOR THE
QUARTERLY PERIOD ENDED MARCH 31, 2000.
</LEGEND>
<CIK> 0000842183
<NAME> RAMCO-GERSHENSON, INC.
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                           3,153
<SECURITIES>                                         0
<RECEIVABLES>                                   13,355
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         542,800
<DEPRECIATION>                                  38,614
<TOTAL-ASSETS>                                 548,225
<CURRENT-LIABILITIES>                           19,933
<BONDS>                                        336,995
<PREFERRED-MANDATORY>                           33,829
<PREFERRED>                                          0
<COMMON>                                            72
<OTHER-SE>                                     108,877
<TOTAL-LIABILITY-AND-EQUITY>                   548,225
<SALES>                                              0
<TOTAL-REVENUES>                                21,828
<CGS>                                                0
<TOTAL-COSTS>                                    5,524
<OTHER-EXPENSES>                                 5,300
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               6,426
<INCOME-PRETAX>                                  4,578
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     3,224
<EPS-BASIC>                                        .33
<EPS-DILUTED>                                      .33